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v3.8.0.1

Consolidated Statements Of Operations - USD ($) shares in Millions, $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015
Operating Revenues | $ 9,084 | $ 9,061 | $ 10,415
Operating Expenses [Abstract] |  |  |
Energy Costs | 2,800 | 3,001 | 3,261
Operation and Maintenance | 2,869 | 3,008 | 2,978
Depreciation and Amortization | 1,986 | 1,476 | 1,214
Total Operating Expenses | 7,655 | 7,485 | 7,453
OPERATING INCOME | 1,429 | 1,576 | 2,962
Income from Equity Method Investments | 14 | 11 | 12
Other Income | 319 | 191 | 254
Other Deductions | (91) | (67) | (102)
Other-than-Temporary-Impairments | 12 | 28 | 53
Interest Expense | (391) | (385) | (393)
Income (Loss) before Income Taxes | 1,268 | 1,298 | 2,680
Income Tax (Expense) Benefit | 306 | (411) | (1,001)
Net Income | $ 1,574 | $ 887 | $ 1,679
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: |  |  |
BASIC | 505 | 505 | 505
DILUTED | 507 | 508 | 508
EARNINGS PER SHARE: |  |  |
NET INCOME, BASIC | $ 3.12 | $ 1.76 | $ 3.32
NET INCOME, DILUTED | $ 3.10 | $ 1.75 | $ 3.30
PSE&G [Member] |  |  |
Operating Revenues | $ 6,234 | $ 6,221 | $ 6,636
Operating Expenses [Abstract] |  |  |
Energy Costs | 2,363 | 2,567 | 2,722
Operation and Maintenance | 1,434 | 1,475 | 1,560
Depreciation and Amortization | 685 | 565 | 892
Total Operating Expenses | 4,482 | 4,607 | 5,174
OPERATING INCOME | 1,752 | 1,614 | 1,462
Other Income | 92 | 83 | 79
Other Deductions | (5) | (4) | (4)
Interest Expense | (303) | (289) | (280)
Income (Loss) before Income Taxes | 1,536 | 1,404 | 1,257
Income Tax (Expense) Benefit | (563) | (515) | (470)
Net Income | 973 | 889 | 787
Power [Member] |  |  |
Operating Revenues | 3,930 | 4,023 | 4,928
Operating Expenses [Abstract] |  |  |
Energy Costs | 1,983 | 1,986 | 2,150
Operation and Maintenance | 1,038 | 1,143 | 1,057
Depreciation and Amortization | 1,268 | 881 | 291
Total Operating Expenses | 4,289 | 4,010 | 3,498
OPERATING INCOME | (359) | 13 | 1,430
Income from Equity Method Investments | 14 | 11 | 14
Other Income | 213 | 102 | 169
Other Deductions | (56) | (57) | (72)
Other-than-Temporary-Impairments | 12 | 28 | 53
Interest Expense | (50) | (84) | (121)
Income (Loss) before Income Taxes | (250) | (43) | 1,367
Income Tax (Expense) Benefit | 729 | 61 | (511)
Net Income | $ 479 | $ 18 | $ 856

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