XML 95 R74.htm IDEA: XBRL DOCUMENT
v3.21.1

Debt and Credit Facilities Debt and Credit Facilities (Short-Term Liquidity) (Details) - USD ($) $ in Millions | 3 Months Ended |
--- | --- | ---
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020
Commercial Paper |  | $ 665 |  | $ 1,063
Commitments of Single Institution as Percentage of Total Commitments |  | 9.00% |  |
Line of Credit Facility, Remaining Borrowing Capacity |  | $ 3,863 |  |
Line of Credit Facility, Maximum Borrowing Capacity |  | 4,200 |  |
Line of Credit Facility, Fair Value of Amount Outstanding | [1] | 337 |  |
Proceeds from Short-Term Loan |  | 500 | $ 300 |
Repayments of Short-term Debt |  | 300 | 0 |
Public Service Electric and Gas Company [Member] |  |  |  |
Commercial Paper |  | 0 |  | $ 100
Line of Credit Facility, Remaining Borrowing Capacity |  | 582 |  |
Line of Credit Facility, Maximum Borrowing Capacity |  | 600 |  |
Line of Credit Facility, Fair Value of Amount Outstanding | [1] | 18 |  |
PSEG Power [Member] |  |  |  |
Line of Credit Facility, Remaining Borrowing Capacity |  | 1,948 |  |
Line of Credit Facility, Maximum Borrowing Capacity |  | 2,100 |  |
Line of Credit Facility, Fair Value of Amount Outstanding |  | 152 |  |
Five Year Credit Facility Maturing March 2023 [Member] | Public Service Electric and Gas Company [Member] |  |  |  |
Credit Facility Reduction in March 2022 |  | 4 |  |
Line of Credit Facility, Remaining Borrowing Capacity |  | $ 582 |  |
Debt Instrument, Maturity Date, Description |  | Mar 2024 |  |
Line of Credit Facility, Maximum Borrowing Capacity | [2] | $ 600 |  |
Line of Credit Facility, Fair Value of Amount Outstanding | [1] | 18 |  |
Five Year Credit Facility Maturing March 2023 [Member] | PSEG Power [Member] |  |  |  |
Credit Facility Reduction in March 2022 |  | 12 |  |
Line of Credit Facility, Remaining Borrowing Capacity |  | $ 1,861 |  |
Debt Instrument, Maturity Date, Description |  | Mar 2024 |  |
Line of Credit Facility, Maximum Borrowing Capacity | [3] | $ 1,900 |  |
Line of Credit Facility, Fair Value of Amount Outstanding |  | 39 |  |
Three Year Credit Facilities Maturing September 2021 [Member] | PSEG Power [Member] |  |  |  |
Line of Credit Facility, Remaining Borrowing Capacity |  | $ 68 |  |
Debt Instrument, Maturity Date, Description |  | Sept 2021 |  |
Line of Credit Facility, Maximum Borrowing Capacity |  | $ 100 |  |
Line of Credit Facility, Fair Value of Amount Outstanding |  | 32 |  |
Letter of Credit Facilities expiring September 2022 | PSEG Power [Member] |  |  |  |
Line of Credit Facility, Remaining Borrowing Capacity |  | $ 19 |  |
Debt Instrument, Maturity Date, Description |  | Sept 2022 |  |
Line of Credit Facility, Maximum Borrowing Capacity |  | $ 100 |  |
Line of Credit Facility, Fair Value of Amount Outstanding |  | 81 |  |
March 2020 Term Loan [Member] |  |  |  |
Proceeds from Short-Term Loan |  |  | $ 300 |
Repayments of Short-term Debt |  | 300 |  |
March 2021 Term Loan |  |  |  |
Proceeds from Short-Term Loan |  | 500 |  |
PSEG [Member] |  |  |  |
Line of Credit Facility, Remaining Borrowing Capacity |  | 1,333 |  |
Line of Credit Facility, Maximum Borrowing Capacity |  | 1,500 |  |
Line of Credit Facility, Fair Value of Amount Outstanding | [1] | 167 |  |
PSEG [Member] | Five Year Credit Facility Maturing March 2023 [Member] |  |  |  |
Credit Facility Reduction in March 2022 |  | 9 |  |
Line of Credit Facility, Remaining Borrowing Capacity |  | $ 1,333 |  |
Debt Instrument, Maturity Date, Description |  | Mar 2024 |  |
Line of Credit Facility, Maximum Borrowing Capacity | [4] | $ 1,500 |  |
Line of Credit Facility, Fair Value of Amount Outstanding | [1] | $ 167 |  |
[1] | The primary use of PSEG’s and PSE&G’s credit facilities is to support their respective Commercial Paper Programs, under which as of March 31, 2021, PSEG had $165 million outstanding at a weighted average interest rate of 0.23%. PSE&G had no Commercial Paper outstanding as of March 31, 2021.
[2] | PSE&G facility will be reduced by $4 million in March 2022.
[3] | PSEG Power facilities will be reduced by $12 million in March 2022.
[4] | PSEG facilities will be reduced by $9 million in March 2022.

X
- Definition Commitments of Single Institution as Percentage of Total Commitments + References No definition available. + Details
Name: | pseg_CommitmentsOfSingleInstitutionAsPercentageOfTotalCommitments
Namespace Prefix: | pseg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Credit Facility Reduction + References No definition available. + Details
Name: | pseg_CreditFacilityReduction
Namespace Prefix: | pseg_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Carrying value as of the balance sheet date of short-term borrowings using unsecured obligations issued by banks, corporations and other borrowers to investors. The maturities of these money market securities generally do not exceed 270 days. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(13)(2)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(a)(3)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CommercialPaper
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Description of the maturity date of the debt instrument including whether the debt matures serially and, if so, a brief description of the serial maturities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(2)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentMaturityDateDescription
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value of the amount outstanding under the credit facility. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13433-108611 + Details
Name: | us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The cash inflow from a borrowing having initial term of repayment within one year or the normal operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromShortTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash outflow for a borrowing having initial term of repayment within one year or the normal operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3291-108585 + Details
Name: | us-gaap_RepaymentsOfShortTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

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

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

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=pseg_LetterofCreditFacilitiesexpiringSeptember2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=pseg_LetterOfCreditFacilitiesExpiringSeptember2022Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ShortTermDebtTypeAxis=pseg_March2020TermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ShortTermDebtTypeAxis=pseg_March2021TermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |