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Earnings Per Share (EPS) and Dividends (Tables) | 3 Months Ended
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Mar. 31, 2016
Earnings Per Share [Abstract] |
Basic And Diluted Earnings Per Share Computation | The following table shows the effect of these stock options, performance units and restricted stock units on the weighted average number of shares outstanding used in calculating diluted EPS:
|  |  | Three Months Ended March 31, |
|  |  | 2016 |  | 2015 |
|  |  | Basic |  | Diluted |  | Basic |  | Diluted |
| EPS Numerator (Millions): |  |  |  |  |  |  |  |  |
| Net Income |  | $ | 471 |  |  | $ | 471 |  |  | $ | 586 |  |  | $ | 586 |  |
| EPS Denominator (Millions): |  |  |  |  |  |  |  |  |
| Weighted Average Common Shares Outstanding |  | 505 |  |  | 505 |  |  | 506 |  |  | 506 |  |
| Effect of Stock Based Compensation Awards |  | — |  |  | 3 |  |  | — |  |  | 2 |  |
| Total Shares |  | 505 |  |  | 508 |  |  | 506 |  |  | 508 |  |
| EPS |  |  |  |  |  |  |  |  |
| Net Income |  | $ | 0.93 |  |  | $ | 0.93 |  |  | $ | 1.16 |  |  | $ | 1.15 |  |
There were approximately 0.3 million and 0.4 million stock options excluded from the weighted average common shares used for diluted EPS due to their antidilutive effect for the three months ended March 31, 2016 and 2015, respectively.
Dividend Payments On Common Stock |
|  |  | Three Months Ended |
|  |  | March 31, |
| Dividend Payments on Common Stock |  | 2016 |  | 2015 |
| Per Share |  | $ | 0.41 |  |  | $ | 0.39 |  |
| In Millions |  | $ | 207 |  |  | $ | 197 |  |
On April 19, 2016, PSEG's Board of Directors approved a $0.41 per share common stock dividend for the second quarter of 2016.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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