XML 107 R87.htm IDEA: XBRL DOCUMENT
v3.20.2

Fair Value Measurements (Changes In Level 3 Assets And (Liabilities) Measured At Fair Value On A Recurring Basis) (Detail) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended |  |  |
--- | --- | --- | --- | --- | ---
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | Dec. 31, 2019 | Mar. 31, 2019 | Dec. 31, 2018
PSEG Power [Member] |  |  |  |  |  |  |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |  |  |  |  |  |  |  |
Included in Income |  | $ (4) |  | $ 8 | $ 9 |  | $ 9 |  |  |  |
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss) |  | (9) |  | 6 | 3 |  | 3 |  |  |  |
Net Derivative Assets (Liabilities) [Member] |  |  |  |  |  |  |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |  |  |  |  |  |  |  |
Closing Balance |  | 10 |  |  | 10 |  |  |  |  |  |
Net Derivative Assets (Liabilities) [Member] | PSEG Power [Member] |  |  |  |  |  |  |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |  |  |  |  |  |  |  |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value |  |  |  |  |  |  |  |  | $ 7 | $ (2) | $ 1
Opening Balance |  | 19 |  |  |  |  |  |  |  |  |
Included in Income |  | 4 | [1] | (8) | 9 | [1] | 9 | [1] |  |  |
Purchases, (Sales) |  | 0 |  | 0 | 0 |  | 0 |  |  |  |
Issuances (Settlements) |  | (5) |  | (2) | (6) | [2] | (6) | [2] |  |  |
Transfers In (Out) | [3] | 0 |  | 0 | 0 |  | 0 |  |  |  |
Closing Balance |  | 10 |  | 4 | 10 |  | 4 |  |  |  |
Operating Revenues [Member] | PSEG Power [Member] |  |  |  |  |  |  |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |  |  |  |  |  |  |  |
Included in Income |  | (4) |  | 11 | 14 |  | 17 |  |  |  |
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss) |  | (9) |  | 9 | 2 |  | 9 |  |  |  |
Energy Costs [Member] | PSEG Power [Member] |  |  |  |  |  |  |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |  |  |  |  |  |  |  |
Included in Income |  | 0 |  | (3) | 1 |  | (6) |  |  |  |
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss) |  | $ 0 |  | $ (3) | $ (5) |  | $ (8) |  |  |  |
[1] | Unrealized gains (losses) in the following table represent the change in derivative assets and liabilities still held as of June 30, 2020 and 2019. .
|  |  | Three Months Ended June 30, |  | Six Months Ended June 30, |
|  |  | 2020 |  | 2019 |  | 2020 |  | 2019 |
|  |  | Total Gains (Losses) |  | Unrealized Gains (Losses) |  | Total Gains (Losses) |  | Unrealized Gains (Losses) |  | Total Gains (Losses) |  | Unrealized Gains (Losses) |  | Total Gains (Losses) |  | Unrealized Gains (Losses) |
|  |  | Millions |
| PSEG and PSEG Power |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Operating Revenues |  | $ | (4 | ) |  | $ | (9 | ) |  | $ | 11 |  |  | $ | 9 |  |  | $ | 14 |  |  | $ | 2 |  |  | $ | 17 |  |  | $ | 9 |  |
| Energy Costs |  | — |  |  | — |  |  | (3 | ) |  | (3 | ) |  | (5 | ) |  | 1 |  |  | (8 | ) |  | (6 | ) |
| Total |  | $ | (4 | ) |  | $ | (9 | ) |  | $ | 8 |  |  | $ | 6 |  |  | $ | 9 |  |  | $ | 3 |  |  | $ | 9 |  |  | $ | 3 |  |
[2] | settlements of $(5) million and $(6) million for the three months and six months ended June 30, 2020, respectively, and $(2) million and $(6) million for the three months and six months ended June 30, 2019, respectively.
[3] | There were no transfers into or out of Level 3 during the three months and six months ended June 30, 2020 and 2019.

X
- Definition Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs, Issuances (Settlements) + References No definition available. + Details
Name: | pseg_FairValueNetDerivativeAssetLiabilityMeasuredonRecurringBasiswithUnobservableInputsIssuancesSettlements
Namespace Prefix: | pseg_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs, Purchases (Sales) + References No definition available. + Details
Name: | pseg_FairValueNetDerivativeAssetLiabilityMeasuredonRecurringBasiswithUnobservableInputsPurchasesSales
Namespace Prefix: | pseg_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of unrealized gain (loss) recognized in income for derivative asset (liability) after deduction of derivative liability (asset), measured at fair value using unobservable input (level 3) and still held. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of gain (loss) recognized in income from derivative asset (liability) after deduction of derivative liability (asset), measured at fair value on recurring basis using unobservable input (level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 + Details
Name: | us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of transfers of financial instrument classified as a derivative asset (liability) after deduction of derivative liability (asset) into (out of) level 3 of the fair value hierarchy. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 + Details
Name: | us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Fair value of financial instrument classified as derivative asset (liability) after deduction of derivative liability (asset), measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 + Details
Name: | us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | dei_LegalEntityAxis=pseg_PSEGPowerLLCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=pseg_NetDerivativeAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=pseg_OperatingRevenuesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=pseg_EnergyCostsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |