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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
OPERATING REVENUES $ 12,168 $ 10,290 $ 11,237
OPERATING EXPENSES      
Energy Costs 4,159 3,393 3,260
Operation and Maintenance 3,772 3,362 3,157
Depreciation and Amortization 1,257 1,182 1,135
Total Operating Expenses 9,188 7,937 7,552
OPERATING INCOME 2,980 2,353 3,685
Net Gains (Losses) on Trust Investments 189 127 189
Net Other Income (Deductions) 145 154 173
Net Non-Operating Pension and Other Postretirement Benefit (OPEB) (Costs) Credits 65 73 (218)
Interest Expense (1,005) (882) (748)
INCOME BEFORE INCOME TAXES 2,374 1,825 3,081
Income Tax Expense (263) (53) (518)
NET INCOME $ 2,111 $ 1,772 $ 2,563
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:      
BASIC (shares) 499 498 498
DILUTED (shares) 501 500 500
NET INCOME PER SHARE:      
BASIC $ 4.23 $ 3.56 $ 5.15
DILUTED $ 4.22 $ 3.54 $ 5.13
Public Service Electric and Gas Company [Member]      
OPERATING REVENUES $ 9,558 $ 8,449 $ 7,807
OPERATING EXPENSES      
Energy Costs 3,782 3,189 3,010
Operation and Maintenance 2,253 1,949 1,843
Depreciation and Amortization 1,116 1,025 980
Total Operating Expenses 7,151 6,163 5,833
OPERATING INCOME 2,407 2,286 1,974
Net Other Income (Deductions) 64 64 80
Net Non-Operating Pension and Other Postretirement Benefit (OPEB) (Costs) Credits 70 77 114
Interest Expense (644) (582) (493)
INCOME BEFORE INCOME TAXES 1,897 1,845 1,675
Income Tax Expense (152) (298) (160)
NET INCOME $ 1,745 $ 1,547 $ 1,515