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Financial Information By Business Segments (Tables)
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Financial Information By Business Segments
PSE&GPSEG Power & OtherEliminations (A)Consolidated Total
Millions
Three Months Ended March 31, 2024
Operating Revenues$2,333 $872 $(445)$2,760 
Net Income (B)488 44 — 532 
Gross Additions to Long-Lived Assets739 58 — 797 
Three Months Ended March 31, 2023
Operating Revenues$2,293 $2,027 $(565)$3,755 
Net Income (B)487 800 — 1,287 
Gross Additions to Long-Lived Assets676 63 — 739 
As of March 31, 2024
Total Assets$43,592 $9,335 $(539)$52,388 
Investments in Equity Method Subsidiaries$— $17 $— $17 
As of December 31, 2023
Total Assets$42,873 $8,407 $(539)$50,741 
Investments in Equity Method Subsidiaries$— $17 $— $17 
(A)Intercompany eliminations primarily relate to intercompany transactions between PSE&G and PSEG Power. For a further discussion of the intercompany transactions between PSE&G and PSEG Power, see Note 18. Related-Party Transactions.
(B)Includes net after-tax gains (losses) of $(186) million and $555 million for the three months ended March 31, 2024 and 2023, respectively, at PSEG Power related to the impacts of non-trading commodity mark-to-market activity, which consist of the financial impact from positions with future delivery dates.