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Earnings Per Share (EPS) and Dividends (Tables) | 3 Months Ended
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Mar. 31, 2021
Earnings Per Share [Abstract] |
Basic And Diluted Earnings Per Share Computation | The following table shows the effect of these stock options, performance share units and restricted stock units on the weighted average number of shares outstanding used in calculating diluted EPS:
|  |  |  | Three Months Ended March 31, |
|  |  |  |  |  | 2021 |  | 2020 |
|  |  |  |  |  |  |  |  |  | Basic |  | Diluted |  | Basic |  | Diluted |
| EPS Numerator (Millions): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Net Income |  |  |  |  |  |  |  |  | $ | 648 |  |  | $ | 648 |  |  | $ | 448 |  |  | $ | 448 |  |
| EPS Denominator (Millions): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Weighted Average Common Shares Outstanding |  |  |  |  |  |  |  |  | 504 |  |  | 504 |  |  | 504 |  |  | 504 |  |
| Effect of Stock Based Compensation Awards |  |  |  |  |  |  |  |  | — |  |  | 3 |  |  | — |  |  | 3 |  |
| Total Shares |  |  |  |  |  |  |  |  | 504 |  |  | 507 |  |  | 504 |  |  | 507 |  |
| EPS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Net Income |  |  |  |  |  |  |  |  | $ | 1.29 |  |  | $ | 1.28 |  |  | $ | 0.89 |  |  | $ | 0.88 |  |
Dividend Payments On Common Stock | Dividends
|  |  |  | Three Months Ended |
|  |  |  | March 31, |
| Dividend Payments on Common Stock |  |  |  |  | 2021 |  | 2020 |
| Per Share |  |  |  |  | $ | 0.51 |  |  | $ | 0.49 |  |
| In Millions |  |  |  |  | $ | 258 |  |  | $ | 248 |  |
On April 20, 2021, the PSEG Board of Directors approved a $0.51 per share common stock dividend for the second quarter of 2021.

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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/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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