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Condensed Consolidated Balance Sheets - USD ($)
shares in Millions, $ in Millions
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and Cash Equivalents $ 377 $ 818
Accounts Receivable, net of allowance 1,698 1,859
Tax Receivable 51 9
Unbilled Revenues, net of allowance 181 217
Fuel 482 296
Materials and Supplies, net 505 448
Prepayments 222 63
Derivative Contracts 138 72
Regulatory Assets 400 364
Assets Held-for-sale 0 2,060
Other 51 44
Total Current Assets 4,105 6,250
PROPERTY, PLANT AND EQUIPMENT 45,410 43,684
Less: Accumulated Depreciation and Amortization (9,964) (9,318)
Net Property, Plant and Equipment 35,446 34,366
NONCURRENT ASSETS    
Regulatory Assets 3,890 3,605
Operating Lease, Right-of-Use Asset 183 201
Long-Term Investments 594 541
Nuclear Decommissioning Trust (NDT) Fund 2,125 2,637
Long-Term Tax Receivable 5 47
Long-Term Receivable of Variable Interest Entities (VIEs) 837 828
Rabbi Trust Fund 182 242
Other Intangibles 69 20
Derivative Contracts 46 28
Other 259 234
Total Noncurrent Assets 8,190 8,383
Total Assets 47,741 48,999
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 1,525 700
Commercial Paper and Loans 2,235 3,519
Accounts Payable 1,194 1,315
Derivative Contracts 211 17
Accrued Interest 145 121
Accrued Taxes 39 67
Clean Energy Program 187 146
Obligation to Return Cash Collateral 432 179
Regulatory Liabilities 364 388
Liabilities Held-for-Sale 0 144
Other 474 476
Total Current Liabilities 6,806 7,072
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 5,462 5,759
Regulatory Liabilities 2,340 2,497
Operating Leases 174 191
Asset Retirement Obligations 1,467 1,573
Environmental Costs 241 245
Derivative Contracts 36 17
Long-Term Accrued Taxes 53 100
Other 208 184
Total Noncurrent Liabilities 11,534 12,270
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT    
Total Long-Term Debt 16,150 15,219
STOCKHOLDER'S EQUITY    
Common Stock, Value, Issued 5,052 5,045
Treasury Stock, at cost (1,380) (896)
Retained Earnings 10,072 10,639
Accumulated Other Comprehensive Income (Loss) (493) (350)
Total Stockholder's Equity 13,251 14,438
Total Capitalization 29,401 29,657
TOTAL LIABILITIES AND CAPITALIZATION $ 47,741 $ 48,999
Treasury Stock, Shares 37 30
Consolidated Entity Excluding Variable Interest Entities (VIE)    
NONCURRENT LIABILITIES    
OPEB Costs $ 550 $ 572
Accrued Pension Costs 180 318
Variable Interest Entity, Primary Beneficiary    
NONCURRENT LIABILITIES    
OPEB Costs 663 640
Accrued Pension Costs 160 174
Public Service Electric and Gas Company [Member]    
CURRENT ASSETS    
Cash and Cash Equivalents 308 294
Accounts Receivable, net of allowance 958 1,050
Unbilled Revenues, net of allowance 181 217
Materials and Supplies, net 276 233
Prepayments 108 15
Regulatory Assets 400 364
Other 46 33
Total Current Assets 2,277 2,206
PROPERTY, PLANT AND EQUIPMENT 40,328 38,588
Less: Accumulated Depreciation and Amortization (8,071) (7,640)
Net Property, Plant and Equipment 32,257 30,948
NONCURRENT ASSETS    
Regulatory Assets 3,890 3,605
Operating Lease, Right-of-Use Asset 89 92
Long-Term Investments 151 181
Rabbi Trust Fund 32 43
Other 134 123
Total Noncurrent Assets 4,296 4,044
Total Assets 38,830 37,198
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 825 0
Accounts Payable 605 571
Accounts Payable-Affiliated Companies 144 418
Accrued Interest 114 107
Clean Energy Program 187 146
Obligation to Return Cash Collateral 432 179
Regulatory Liabilities 364 388
Other 374 376
Total Current Liabilities 3,045 2,185
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 5,244 4,874
Regulatory Liabilities 2,340 2,497
Operating Leases 79 83
Asset Retirement Obligations 365 363
OPEB Costs 331 354
Accrued Pension Costs 51 132
Environmental Costs 186 191
Long-Term Accrued Taxes 4 6
Other 159 145
Total Noncurrent Liabilities 8,759 8,645
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT    
Total Long-Term Debt 11,471 11,795
STOCKHOLDER'S EQUITY    
Common Stock, Value, Issued 892 892
Contributed Capital 1,170 1,170
Basis Adjustment 986 986
Retained Earnings 12,512 11,524
Accumulated Other Comprehensive Income (Loss) (5) 1
Total Stockholder's Equity 15,555 14,573
Total Capitalization 27,026 26,368
TOTAL LIABILITIES AND CAPITALIZATION $ 38,830 $ 37,198