XML 119 R20.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Income Taxes | 9 Months Ended
--- | ---
Sep. 30, 2015
Income Taxes [Line Items] |
Income Taxes | Income Taxes PSEG’s, PSE&G’s and Power's effective tax rates for the three months and nine months ended September 30, 2015 and 2014 were as follows:
|  | Three Months Ended |  | Nine Months Ended |
|  | September 30, |  | September 30, |
|  | 2015 |  | 2014 |  | 2015 |  | 2014 |
| PSEG | 39.4% |  | 37.0% |  | 38.8% |  | 37.8% |
| PSE&G | 38.2% |  | 38.5% |  | 38.7% |  | 38.6% |
| Power | 40.3% |  | 39.4% |  | 38.6% |  | 38.6% |
For the three months ended September 30, 2015, PSE&G's effective tax rate was lower than the statutory tax rate of 40.85% due primarily to the beneficial impact of plant related flow-through items. For the nine months ended September 30, 2015, PSEG's and Power’s effective tax rates were lower than the statutory tax rate of 40.85% primarily due to a manufacturing deduction under Section 199 of the Internal Revenue Code (IRC) and the tax benefit associated with the income tax rate differential of carrying back federal net operating tax losses under section 172(f) of the IRC. PSE&G's effective tax rate was lower than the statutory tax rate due primarily to the beneficial impact of plant related flow-through items. For the three months and nine months ended September 30, 2015, as compared to the same periods in the prior year, PSEG's increase was due primarily to the absence of the 2014 audit settlement. In August 2014, PSEG received notice from the Internal Revenue Service (IRS) that the audit settlement covering tax years 2007 through 2010 had been approved by the Joint Committee on Taxation. This effectively settled all issues with the IRS through 2010. In September 2014, PSEG received refunds from the IRS totaling $121 million, representing the net settlement of all disputed amounts, including interest, through the tax year 2010. As a result of the settlement of this audit, PSEG recorded a $12 million reduction of tax expense in the quarter ended September 30, 2014.
PSE And G [Member] |
Income Taxes [Line Items] |
Income Taxes | Income Taxes PSEG’s, PSE&G’s and Power's effective tax rates for the three months and nine months ended September 30, 2015 and 2014 were as follows:
|  | Three Months Ended |  | Nine Months Ended |
|  | September 30, |  | September 30, |
|  | 2015 |  | 2014 |  | 2015 |  | 2014 |
| PSEG | 39.4% |  | 37.0% |  | 38.8% |  | 37.8% |
| PSE&G | 38.2% |  | 38.5% |  | 38.7% |  | 38.6% |
| Power | 40.3% |  | 39.4% |  | 38.6% |  | 38.6% |
For the three months ended September 30, 2015, PSE&G's effective tax rate was lower than the statutory tax rate of 40.85% due primarily to the beneficial impact of plant related flow-through items. For the nine months ended September 30, 2015, PSEG's and Power’s effective tax rates were lower than the statutory tax rate of 40.85% primarily due to a manufacturing deduction under Section 199 of the Internal Revenue Code (IRC) and the tax benefit associated with the income tax rate differential of carrying back federal net operating tax losses under section 172(f) of the IRC. PSE&G's effective tax rate was lower than the statutory tax rate due primarily to the beneficial impact of plant related flow-through items. For the three months and nine months ended September 30, 2015, as compared to the same periods in the prior year, PSEG's increase was due primarily to the absence of the 2014 audit settlement. In August 2014, PSEG received notice from the Internal Revenue Service (IRS) that the audit settlement covering tax years 2007 through 2010 had been approved by the Joint Committee on Taxation. This effectively settled all issues with the IRS through 2010. In September 2014, PSEG received refunds from the IRS totaling $121 million, representing the net settlement of all disputed amounts, including interest, through the tax year 2010. As a result of the settlement of this audit, PSEG recorded a $12 million reduction of tax expense in the quarter ended September 30, 2014.
Power [Member] |
Income Taxes [Line Items] |
Income Taxes | Income Taxes PSEG’s, PSE&G’s and Power's effective tax rates for the three months and nine months ended September 30, 2015 and 2014 were as follows:
|  | Three Months Ended |  | Nine Months Ended |
|  | September 30, |  | September 30, |
|  | 2015 |  | 2014 |  | 2015 |  | 2014 |
| PSEG | 39.4% |  | 37.0% |  | 38.8% |  | 37.8% |
| PSE&G | 38.2% |  | 38.5% |  | 38.7% |  | 38.6% |
| Power | 40.3% |  | 39.4% |  | 38.6% |  | 38.6% |
For the three months ended September 30, 2015, PSE&G's effective tax rate was lower than the statutory tax rate of 40.85% due primarily to the beneficial impact of plant related flow-through items. For the nine months ended September 30, 2015, PSEG's and Power’s effective tax rates were lower than the statutory tax rate of 40.85% primarily due to a manufacturing deduction under Section 199 of the Internal Revenue Code (IRC) and the tax benefit associated with the income tax rate differential of carrying back federal net operating tax losses under section 172(f) of the IRC. PSE&G's effective tax rate was lower than the statutory tax rate due primarily to the beneficial impact of plant related flow-through items. For the three months and nine months ended September 30, 2015, as compared to the same periods in the prior year, PSEG's increase was due primarily to the absence of the 2014 audit settlement. In August 2014, PSEG received notice from the Internal Revenue Service (IRS) that the audit settlement covering tax years 2007 through 2010 had been approved by the Joint Committee on Taxation. This effectively settled all issues with the IRS through 2010. In September 2014, PSEG received refunds from the IRS totaling $121 million, representing the net settlement of all disputed amounts, including interest, through the tax year 2010. As a result of the settlement of this audit, PSEG recorded a $12 million reduction of tax expense in the quarter ended September 30, 2014.

X
- Definition Income Taxes [Line Items] + References No definition available. + Details
Name: | pseg_IncomeTaxesLineItems
Namespace Prefix: | pseg_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: 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.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 + Details
Name: | us-gaap_IncomeTaxDisclosureTextBlock
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: |