XML 78 R24.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Related-Party Transactions | 9 Months Ended
--- | ---
Sep. 30, 2015
Related Party Transaction [Line Items] |
Related-Party Transactions | Related-Party Transactions The following discussion relates to intercompany transactions, which are eliminated during the PSEG consolidation process in accordance with GAAP. PSE&G The financial statements for PSE&G include transactions with related parties presented as follows:
|  | Three Months Ended |  | Nine Months Ended |
|  | September 30, |  | September 30, |
| Related-Party Transactions | 2015 |  | 2014 |  | 2015 |  | 2014 |
|  | Millions |
| Billings from Affiliates: |  |  |  |  |  |  |  |
| Billings from Power primarily through BGS and BGSS (A) | $ | 294 |  |  | $ | 280 |  |  | $ | 1,287 |  |  | $ | 1,308 |  |
| Administrative Billings from Services (B) | 66 |  |  | 59 |  |  | 197 |  |  | 183 |  |
| Total Billings from Affiliates | $ | 360 |  |  | $ | 339 |  |  | $ | 1,484 |  |  | $ | 1,491 |  |
|  | As of |  | As of |
| Related-Party Transactions | September 30, 2015 |  | December 31, 2014 |
|  | Millions |
| Receivable from PSEG (C) | $ | 7 |  |  | $ | 274 |  |
| Payable to Power (A) | $ | 158 |  |  | $ | 313 |  |
| Payable to Services (B) | 50 |  |  | 66 |  |
| Accounts Payable—Affiliated Companies | $ | 208 |  |  | $ | 379 |  |
| Working Capital Advances to Services (D) | $ | 33 |  |  | $ | 33 |  |
| Long-Term Accrued Taxes Payable | $ | 165 |  |  | $ | 116 |  |
Power The financial statements for Power include transactions with related parties presented as follows:
|  | Three Months Ended |  | Nine Months Ended |
|  | September 30, |  | September 30, |
| Related-Party Transactions | 2015 |  | 2014 |  | 2015 |  | 2014 |
|  | Millions |
| Billings to Affiliates: |  |  |  |  |  |  |  |
| Billings to PSE&G primarily through BGS and BGSS (A) | $ | 294 |  |  | $ | 280 |  |  | $ | 1,287 |  |  | $ | 1,308 |  |
| Billings from Affiliates: |  |  |  |  |  |  |  |
| Administrative Billings from Services (B) | $ | 44 |  |  | $ | 41 |  |  | $ | 135 |  |  | $ | 129 |  |
|  | As of |  | As of |
| Related-Party Transactions | September 30, 2015 |  | December 31, 2014 |
|  | Millions |
| Receivables from PSE&G (A) | $ | 158 |  |  | $ | 313 |  |
| Payable to Services (B) | $ | 26 |  |  | $ | 23 |  |
| Payable to PSEG (C) | 91 |  |  | 95 |  |
| Accounts Payable—Affiliated Companies | $ | 117 |  |  | $ | 118 |  |
| Short-Term Loan Due (to) from Affiliate (E) | $ | 865 |  |  | $ | 584 |  |
| Working Capital Advances to Services (D) | $ | 17 |  |  | $ | 17 |  |
| Long-Term Accrued Taxes Payable | $ | 54 |  |  | $ | 41 |  |
(A) | PSE&G has entered into a requirements contract with Power under which Power provides the gas supply services needed to meet PSE&G’s BGSS and other contractual requirements. Power has also entered into contracts to supply energy, capacity and ancillary services to PSE&G through the BGS auction process.
(B) | Services provides and bills administrative services to PSE&G and Power at cost. In addition, PSE&G and Power have other payables to Services, including amounts related to certain common costs, such as pension and OPEB costs, which Services pays on behalf of each of the operating companies.
(C) | PSEG files a consolidated federal income tax return with its affiliated companies. A tax allocation agreement exists between PSEG and each of its affiliated companies. The general operation of these agreements is that the subsidiary company will compute its taxable income on a stand-alone basis. If the result is a net tax liability, such amount shall be paid to PSEG. If there are net operating losses and/or tax credits, the subsidiary shall receive payment for the tax savings from PSEG to the extent that PSEG is able to utilize those benefits.
(D) | PSE&G and Power have advanced working capital to Services. The amounts are included in Other Noncurrent Assets on PSE&G’s and Power’s Condensed Consolidated Balance Sheets.
(E) | Power’s short-term loans with PSEG are for working capital and other short-term needs. Interest Income and Interest Expense relating to these short-term funding activities were immaterial.
PSE And G [Member] |
Related Party Transaction [Line Items] |
Related-Party Transactions | Related-Party Transactions The following discussion relates to intercompany transactions, which are eliminated during the PSEG consolidation process in accordance with GAAP. PSE&G The financial statements for PSE&G include transactions with related parties presented as follows:
|  | Three Months Ended |  | Nine Months Ended |
|  | September 30, |  | September 30, |
| Related-Party Transactions | 2015 |  | 2014 |  | 2015 |  | 2014 |
|  | Millions |
| Billings from Affiliates: |  |  |  |  |  |  |  |
| Billings from Power primarily through BGS and BGSS (A) | $ | 294 |  |  | $ | 280 |  |  | $ | 1,287 |  |  | $ | 1,308 |  |
| Administrative Billings from Services (B) | 66 |  |  | 59 |  |  | 197 |  |  | 183 |  |
| Total Billings from Affiliates | $ | 360 |  |  | $ | 339 |  |  | $ | 1,484 |  |  | $ | 1,491 |  |
|  | As of |  | As of |
| Related-Party Transactions | September 30, 2015 |  | December 31, 2014 |
|  | Millions |
| Receivable from PSEG (C) | $ | 7 |  |  | $ | 274 |  |
| Payable to Power (A) | $ | 158 |  |  | $ | 313 |  |
| Payable to Services (B) | 50 |  |  | 66 |  |
| Accounts Payable—Affiliated Companies | $ | 208 |  |  | $ | 379 |  |
| Working Capital Advances to Services (D) | $ | 33 |  |  | $ | 33 |  |
| Long-Term Accrued Taxes Payable | $ | 165 |  |  | $ | 116 |  |
Power The financial statements for Power include transactions with related parties presented as follows:
|  | Three Months Ended |  | Nine Months Ended |
|  | September 30, |  | September 30, |
| Related-Party Transactions | 2015 |  | 2014 |  | 2015 |  | 2014 |
|  | Millions |
| Billings to Affiliates: |  |  |  |  |  |  |  |
| Billings to PSE&G primarily through BGS and BGSS (A) | $ | 294 |  |  | $ | 280 |  |  | $ | 1,287 |  |  | $ | 1,308 |  |
| Billings from Affiliates: |  |  |  |  |  |  |  |
| Administrative Billings from Services (B) | $ | 44 |  |  | $ | 41 |  |  | $ | 135 |  |  | $ | 129 |  |
|  | As of |  | As of |
| Related-Party Transactions | September 30, 2015 |  | December 31, 2014 |
|  | Millions |
| Receivables from PSE&G (A) | $ | 158 |  |  | $ | 313 |  |
| Payable to Services (B) | $ | 26 |  |  | $ | 23 |  |
| Payable to PSEG (C) | 91 |  |  | 95 |  |
| Accounts Payable—Affiliated Companies | $ | 117 |  |  | $ | 118 |  |
| Short-Term Loan Due (to) from Affiliate (E) | $ | 865 |  |  | $ | 584 |  |
| Working Capital Advances to Services (D) | $ | 17 |  |  | $ | 17 |  |
| Long-Term Accrued Taxes Payable | $ | 54 |  |  | $ | 41 |  |
(A) | PSE&G has entered into a requirements contract with Power under which Power provides the gas supply services needed to meet PSE&G’s BGSS and other contractual requirements. Power has also entered into contracts to supply energy, capacity and ancillary services to PSE&G through the BGS auction process.
(B) | Services provides and bills administrative services to PSE&G and Power at cost. In addition, PSE&G and Power have other payables to Services, including amounts related to certain common costs, such as pension and OPEB costs, which Services pays on behalf of each of the operating companies.
(C) | PSEG files a consolidated federal income tax return with its affiliated companies. A tax allocation agreement exists between PSEG and each of its affiliated companies. The general operation of these agreements is that the subsidiary company will compute its taxable income on a stand-alone basis. If the result is a net tax liability, such amount shall be paid to PSEG. If there are net operating losses and/or tax credits, the subsidiary shall receive payment for the tax savings from PSEG to the extent that PSEG is able to utilize those benefits.
(D) | PSE&G and Power have advanced working capital to Services. The amounts are included in Other Noncurrent Assets on PSE&G’s and Power’s Condensed Consolidated Balance Sheets.
(E) | Power’s short-term loans with PSEG are for working capital and other short-term needs. Interest Income and Interest Expense relating to these short-term funding activities were immaterial.
Power [Member] |
Related Party Transaction [Line Items] |
Related-Party Transactions | Related-Party Transactions The following discussion relates to intercompany transactions, which are eliminated during the PSEG consolidation process in accordance with GAAP. PSE&G The financial statements for PSE&G include transactions with related parties presented as follows:
|  | Three Months Ended |  | Nine Months Ended |
|  | September 30, |  | September 30, |
| Related-Party Transactions | 2015 |  | 2014 |  | 2015 |  | 2014 |
|  | Millions |
| Billings from Affiliates: |  |  |  |  |  |  |  |
| Billings from Power primarily through BGS and BGSS (A) | $ | 294 |  |  | $ | 280 |  |  | $ | 1,287 |  |  | $ | 1,308 |  |
| Administrative Billings from Services (B) | 66 |  |  | 59 |  |  | 197 |  |  | 183 |  |
| Total Billings from Affiliates | $ | 360 |  |  | $ | 339 |  |  | $ | 1,484 |  |  | $ | 1,491 |  |
|  | As of |  | As of |
| Related-Party Transactions | September 30, 2015 |  | December 31, 2014 |
|  | Millions |
| Receivable from PSEG (C) | $ | 7 |  |  | $ | 274 |  |
| Payable to Power (A) | $ | 158 |  |  | $ | 313 |  |
| Payable to Services (B) | 50 |  |  | 66 |  |
| Accounts Payable—Affiliated Companies | $ | 208 |  |  | $ | 379 |  |
| Working Capital Advances to Services (D) | $ | 33 |  |  | $ | 33 |  |
| Long-Term Accrued Taxes Payable | $ | 165 |  |  | $ | 116 |  |
Power The financial statements for Power include transactions with related parties presented as follows:
|  | Three Months Ended |  | Nine Months Ended |
|  | September 30, |  | September 30, |
| Related-Party Transactions | 2015 |  | 2014 |  | 2015 |  | 2014 |
|  | Millions |
| Billings to Affiliates: |  |  |  |  |  |  |  |
| Billings to PSE&G primarily through BGS and BGSS (A) | $ | 294 |  |  | $ | 280 |  |  | $ | 1,287 |  |  | $ | 1,308 |  |
| Billings from Affiliates: |  |  |  |  |  |  |  |
| Administrative Billings from Services (B) | $ | 44 |  |  | $ | 41 |  |  | $ | 135 |  |  | $ | 129 |  |
|  | As of |  | As of |
| Related-Party Transactions | September 30, 2015 |  | December 31, 2014 |
|  | Millions |
| Receivables from PSE&G (A) | $ | 158 |  |  | $ | 313 |  |
| Payable to Services (B) | $ | 26 |  |  | $ | 23 |  |
| Payable to PSEG (C) | 91 |  |  | 95 |  |
| Accounts Payable—Affiliated Companies | $ | 117 |  |  | $ | 118 |  |
| Short-Term Loan Due (to) from Affiliate (E) | $ | 865 |  |  | $ | 584 |  |
| Working Capital Advances to Services (D) | $ | 17 |  |  | $ | 17 |  |
| Long-Term Accrued Taxes Payable | $ | 54 |  |  | $ | 41 |  |
(A) | PSE&G has entered into a requirements contract with Power under which Power provides the gas supply services needed to meet PSE&G’s BGSS and other contractual requirements. Power has also entered into contracts to supply energy, capacity and ancillary services to PSE&G through the BGS auction process.
(B) | Services provides and bills administrative services to PSE&G and Power at cost. In addition, PSE&G and Power have other payables to Services, including amounts related to certain common costs, such as pension and OPEB costs, which Services pays on behalf of each of the operating companies.
(C) | PSEG files a consolidated federal income tax return with its affiliated companies. A tax allocation agreement exists between PSEG and each of its affiliated companies. The general operation of these agreements is that the subsidiary company will compute its taxable income on a stand-alone basis. If the result is a net tax liability, such amount shall be paid to PSEG. If there are net operating losses and/or tax credits, the subsidiary shall receive payment for the tax savings from PSEG to the extent that PSEG is able to utilize those benefits.
(D) | PSE&G and Power have advanced working capital to Services. The amounts are included in Other Noncurrent Assets on PSE&G’s and Power’s Condensed Consolidated Balance Sheets.
(E) | Power’s short-term loans with PSEG are for working capital and other short-term needs. Interest Income and Interest Expense relating to these short-term funding activities were immaterial.

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph b -Article 3A Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph k -Article 4 + Details
Name: | us-gaap_RelatedPartyTransactionsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | dei_LegalEntityAxis=pseg_PseAndGMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=pseg_PowerMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |