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v3.3.1.900

Consolidated Statements Of Operations - USD ($) shares in Millions, $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2013
Operating Revenues | $ 10,415 | $ 10,886 | $ 9,968
Operating Expenses [Abstract] |  |  |
Energy Costs | 3,261 | 3,886 | 3,536
Operation and Maintenance | 2,978 | 3,150 | 2,887
Depreciation and Amortization | 1,214 | 1,227 | 1,178
Taxes Other Than Income Taxes | 0 | 0 | 68
Total Operating Expenses | 7,453 | 8,263 | 7,669
OPERATING INCOME | 2,962 | 2,623 | 2,299
Income from Equity Method Investments | 12 | 13 | 11
Other Income | 254 | 290 | 213
Other Deductions | (102) | (61) | (54)
Other-than-Temporary-Impairments | 53 | 20 | 12
Interest Expense | (393) | (389) | (402)
INCOME BEFORE INCOME TAXES | 2,680 | 2,456 | 2,055
Income Tax (Expense) Benefit | (1,001) | (938) | (812)
Net Income | $ 1,679 | $ 1,518 | $ 1,243
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: |  |  |
BASIC | 505 | 506 | 506
DILUTED | 508 | 508 | 508
EARNINGS PER SHARE: |  |  |
NET INCOME, BASIC | $ 3.32 | $ 3.00 | $ 2.46
NET INCOME, DILUTED | $ 3.30 | $ 2.99 | $ 2.45
PSE&G [Member] |  |  |
Operating Revenues | $ 6,636 | $ 6,766 | $ 6,655
Operating Expenses [Abstract] |  |  |
Energy Costs | 2,722 | 2,909 | 2,841
Operation and Maintenance | 1,560 | 1,558 | 1,639
Depreciation and Amortization | 892 | 906 | 872
Taxes Other Than Income Taxes | 0 | 0 | 68
Total Operating Expenses | 5,174 | 5,373 | 5,420
OPERATING INCOME | 1,462 | 1,393 | 1,235
Other Income | 79 | 61 | 54
Other Deductions | (4) | (3) | (3)
Interest Expense | (280) | (277) | (293)
INCOME BEFORE INCOME TAXES | 1,257 | 1,174 | 993
Income Tax (Expense) Benefit | (470) | (449) | (381)
Net Income | 787 | 725 | 612
Power [Member] |  |  |
Operating Revenues | 4,928 | 5,434 | 5,063
Operating Expenses [Abstract] |  |  |
Energy Costs | 2,150 | 2,747 | 2,496
Operation and Maintenance | 1,057 | 1,186 | 1,224
Depreciation and Amortization | 291 | 292 | 273
Total Operating Expenses | 3,498 | 4,225 | 3,993
OPERATING INCOME | 1,430 | 1,209 | 1,070
Income from Equity Method Investments | 14 | 14 | 16
Other Income | 169 | 222 | 154
Other Deductions | (72) | (52) | (49)
Other-than-Temporary-Impairments | 53 | 20 | 12
Interest Expense | (121) | (122) | (116)
INCOME BEFORE INCOME TAXES | 1,367 | 1,251 | 1,063
Income Tax (Expense) Benefit | (511) | (491) | (419)
Net Income | $ 856 | $ 760 | $ 644

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