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Financial Information By Business Segments (Tables)
 12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Financial Information By Business Segments
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PSE&G
 
Power
 
Other (A)
 
Eliminations (B)
 
Consolidated
Total
 
 
 
 
Millions
 
 
Year Ended December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
 
$
6,636

 
$
4,928

 
$
462

 
$
(1,611
)
 
$
10,415

 
 
Depreciation and Amortization
 
892

 
291

 
31

 
—

 
1,214

 
 
Operating Income (Loss)
 
1,462

 
1,430

 
70

 
—

 
2,962

 
 
Income from Equity Method Investments
 
—

 
14

 
(2
)
 
—

 
12

 
 
Interest Income
 
25

 
2

 
33

 
(29
)
 
31

 
 
Interest Expense
 
280

 
121

 
21

 
(29
)
 
393

 
 
Income (Loss) before Income Taxes
 
1,257

 
1,367

 
56

 
—

 
2,680

 
 
Income Tax Expense (Benefit)
 
470

 
511

 
20

 
—

 
1,001

 
 
Net Income (Loss)
 
787

 
856

 
36

 
—

 
1,679

 
 
Gross Additions to Long-Lived Assets
 
$
2,692

 
$
1,117

 
$
54

 
$
—

 
$
3,863

 
 
As of December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Total Assets
 
$
23,677

 
$
12,250

 
$
2,810

 
$
(1,202
)
 
$
37,535

 
 
Investments in Equity Method Subsidiaries
 
$
—

 
$
119

 
$
—

 
$
—

 
$
119

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PSE&G
 
Power
 
Other (A)
 
Eliminations (B)
 
Consolidated
Total
 
 
 
 
Millions
 
 
Year Ended December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
 
$
6,766

 
$
5,434

 
$
455

 
$
(1,769
)
 
$
10,886

 
 
Depreciation and Amortization
 
906

 
292

 
29

 
—

 
1,227

 
 
Operating Income (Loss)
 
1,393

 
1,209

 
21

 
—

 
2,623

 
 
Income from Equity Method Investments
 
—

 
14

 
(1
)
 
—

 
13

 
 
Interest Income
 
26

 
1

 
25

 
(22
)
 
30

 
 
Interest Expense
 
277

 
122

 
12

 
(22
)
 
389

 
 
Income (Loss) before Income Taxes
 
1,174

 
1,251

 
31

 
—

 
2,456

 
 
Income Tax Expense (Benefit)
 
449

 
491

 
(2
)
 
—

 
938

 
 
Net Income (Loss)
 
725

 
760

 
33

 
—

 
1,518

 
 
Gross Additions to Long-Lived Assets
 
$
2,164

 
$
626

 
$
30

 
$
—

 
$
2,820

 
 
As of December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Total Assets
 
$
22,186

 
$
12,037

 
$
2,799

 
$
(1,735
)
 
$
35,287

 
 
Investments in Equity Method Subsidiaries
 
$
—

 
$
121

 
$
2

 
$
—

 
$
123

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PSE&G
 
Power
 
Other (A)
 
Eliminations (B)
 
Consolidated
Total
 
 
 
 
Millions
 
 
Year Ended December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
 
$
6,655

 
$
5,063

 
$
52

 
$
(1,802
)
 
$
9,968

 
 
Depreciation and Amortization
 
872

 
273

 
33

 
—

 
1,178

 
 
Operating Income (Loss)
 
1,235

 
1,070

 
(6
)
 
—

 
2,299

 
 
Income from Equity Method Investments
 
—

 
16

 
(5
)
 
—

 
11

 
 
Interest Income
 
25

 
1

 
25

 
(22
)
 
29

 
 
Interest Expense
 
293

 
116

 
15

 
(22
)
 
402

 
 
Income (Loss) before Income Taxes
 
993

 
1,063

 
(1
)
 
—

 
2,055

 
 
Income Tax Expense (Benefit)
 
381

 
419

 
12

 
—

 
812

 
 
Net Income (Loss)
 
612

 
644

 
(13
)
 
—

 
1,243

 
 
Gross Additions to Long-Lived Assets
 
$
2,175

 
$
609

 
$
27

 
$
—

 
$
2,811

 
 
As of December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
Total Assets
 
$
19,689

 
$
11,991

 
$
4,025

 
$
(3,225
)
 
$
32,480

 
 
Investments in Equity Method Subsidiaries
 
$
—

 
$
123

 
$
3

 
$
—

 
$
126

 
 
 
 
 
 
 
 
 
 
 
 
 
 

(A)
Includes amounts applicable to Energy Holdings and PSEG LI (for 2015 and 2014), which are below the quantitative threshold for separate disclosure as reportable segments. Other also includes amounts applicable to PSEG (parent corporation) and Services.
(B)
Intercompany eliminations primarily relate to intercompany transactions between PSE&G and Power. No gains or losses are recorded on any intercompany transactions; rather, all intercompany transactions are at cost or, in the case of the BGS and BGSS contracts between PSE&G and Power, at rates prescribed by the BPU. For a further discussion of the intercompany transactions between PSE&G and Power, see Note 23. Related-Party Transactions.