XML 90 R73.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Debt and Credit Facilities Debt and Credit Facilities (Short-Term Liquidity) (Details) - USD ($) $ in Millions | 1 Months Ended | 3 Months Ended |
--- | --- | --- | ---
Apr. 30, 2024 | Aug. 31, 2023 | Apr. 30, 2023 | Mar. 31, 2024 | Mar. 31, 2023 | Dec. 31, 2023
Commercial Paper |  |  |  |  | $ 525 |  | $ 949
Commitments of Single Institution as Percentage of Total Commitments |  |  |  |  | 10.00% |  |
Line of Credit Facility, Remaining Borrowing Capacity | [1] |  |  |  | $ 3,811 |  |
Line of Credit Facility, Maximum Borrowing Capacity | [1] |  |  |  | 4,025 |  |
Line of Credit Facility, Fair Value of Amount Outstanding | [1],[2] |  |  |  | 214 |  |
Repayments of Short-term Debt |  |  |  |  | 0 | $ 750 |
Collateral Already Posted, Aggregate Fair Value |  |  |  |  | 281 |  | 113
Net Change in Commercial Paper and Loans |  |  |  |  | (425) | (200) |
Public Service Electric and Gas Company [Member] |  |  |  |  |  |  |
Commercial Paper |  |  |  |  | 25 |  | $ 425
Line of Credit Facility, Remaining Borrowing Capacity |  |  |  |  | 955 |  |
Line of Credit Facility, Maximum Borrowing Capacity |  |  |  |  | 1,000 |  |
Line of Credit Facility, Fair Value of Amount Outstanding |  |  |  |  | 45 |  |
Net Change in Commercial Paper and Loans |  |  |  |  | (400) | $ 0 |
PSEG Power [Member] |  |  |  |  |  |  |
Line of Credit Facility, Remaining Borrowing Capacity |  |  |  |  | 1,358 |  |
Line of Credit Facility, Maximum Borrowing Capacity |  |  |  |  | 1,525 |  |
Line of Credit Facility, Fair Value of Amount Outstanding |  |  |  |  | 167 |  |
Five Year Credit Facility Maturing March 2023 [Member] |  |  |  |  |  |  |
Line of Credit Facility, Maximum Borrowing Capacity |  |  |  |  | 3,750 |  |
Five Year Credit Facility Maturing March 2023 [Member] | Public Service Electric and Gas Company [Member] |  |  |  |  |  |  |
Line of Credit Facility, Remaining Borrowing Capacity |  |  |  |  | $ 955 |  |
Debt Instrument, Maturity Date, Description |  |  |  |  | Mar 2028 |  |
Line of Credit Facility, Maximum Borrowing Capacity |  |  |  |  | $ 1,000 |  |
Line of Credit Facility, Fair Value of Amount Outstanding | [2] |  |  |  | 45 |  |
Five Year Credit Facility Maturing March 2023 [Member] | PSEG Power [Member] |  |  |  |  |  |  |
Line of Credit Facility, Remaining Borrowing Capacity |  |  |  |  | $ 1,211 |  |
Debt Instrument, Maturity Date, Description |  |  |  |  | Mar 2028 |  |
Line of Credit Facility, Maximum Borrowing Capacity | [3] |  |  |  | $ 1,250 |  |
Line of Credit Facility, Fair Value of Amount Outstanding |  |  |  |  | 39 |  |
Letter of Credit Facilities expiring April 2025 | PSEG Power [Member] |  |  |  |  |  |  |
Line of Credit Facility, Remaining Borrowing Capacity |  |  |  |  | $ 30 |  |
Debt Instrument, Maturity Date, Description |  |  |  |  | Apr 2026 |  |
Line of Credit Facility, Maximum Borrowing Capacity |  |  |  |  | $ 75 |  |
Line of Credit Facility, Fair Value of Amount Outstanding |  |  |  |  | 45 |  |
Letter of Credit Facilities expiring September 2024 | PSEG Power [Member] |  |  |  |  |  |  |
Line of Credit Facility, Remaining Borrowing Capacity |  |  |  |  | $ 117 |  |
Debt Instrument, Maturity Date, Description |  |  |  |  | Sept 2024 |  |
Line of Credit Facility, Maximum Borrowing Capacity |  |  |  |  | $ 200 |  |
Line of Credit Facility, Fair Value of Amount Outstanding |  |  |  |  | 83 |  |
Uncommitted Letter of Credit Facility | PSEG Power [Member] |  |  |  |  |  |  |
Line of Credit Facility, Maximum Borrowing Capacity |  |  |  |  | 100 |  |
Subsidiary Uncommitted Letter of Credit Facility | PSEG Power [Member] |  |  |  |  |  |  |
Line of Credit Facility, Maximum Borrowing Capacity |  |  |  |  | 150 |  |
April 2023 Term Loan |  |  |  |  |  |  |
Proceeds from Short-Term Loan |  |  |  | $ 750 |  |  |
Repayments of Short-term Debt |  |  | $ 250 |  |  |  |
April 2023 Term Loan | Subsequent Event [Member] |  |  |  |  |  |  |
Repayments of Short-term Debt |  | $ 500 |  |  |  |  |
PSEG [Member] |  |  |  |  |  |  |
Line of Credit Facility, Remaining Borrowing Capacity |  |  |  |  | 1,498 |  |
Line of Credit Facility, Maximum Borrowing Capacity |  |  |  |  | 1,500 |  |
Line of Credit Facility, Fair Value of Amount Outstanding |  |  |  |  | 2 |  |
PSEG [Member] | Five Year Credit Facility Maturing March 2023 [Member] |  |  |  |  |  |  |
Line of Credit Facility, Remaining Borrowing Capacity |  |  |  |  | $ 1,498 |  |
Debt Instrument, Maturity Date, Description |  |  |  |  | Mar 2028 |  |
Line of Credit Facility, Maximum Borrowing Capacity | [3] |  |  |  | $ 1,500 |  |
Line of Credit Facility, Fair Value of Amount Outstanding | [2] |  |  |  | 2 |  |
PSEG [Member] | Five Year Credit Facility Maturing March 2023 [Member] |  |  |  |  |  |  |
Commercial Paper |  |  |  |  | 0 |  |
Public Service Electric and Gas Company [Member] | Five Year Credit Facility Maturing March 2023 [Member] |  |  |  |  |  |  |
Commercial Paper |  |  |  |  | $ 25 |  |
Short-term Debt, Weighted Average Interest Rate, at Point in Time |  |  |  |  | 5.45% |  |
[1] | Amounts do not include uncommitted credit facilities or 364-day term loans.
[2] | 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, 2024, PSEG had no outstanding commercial paper and PSE&G had $25 million outstanding at a weighted average interest rate of 5.45%.
[3] | Master Credit Facility with sub-limits of $1.5 billion for PSEG and $1.25 billion for PSEG Power; sub-limits can be adjusted pursuant to the terms of the Master Credit Facility agreement. The PSEG sub-limit includes a sustainability linked pricing based mechanism with potential increases or decreases, which are not expected to be material, depending on performance relative to targeted methane emission reductions.

X
- Definition Commitments of Single Institution as Percentage of Total Commitments + References No definition available. + Details
Name: | pseg_CommitmentsOfSingleInstitutionAsPercentageOfTotalCommitments
Namespace Prefix: | pseg_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The aggregate fair value of assets that are already posted, at the end of the reporting period, as collateral for derivative instruments with credit-risk-related contingent features. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4H -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4H + Details
Name: | us-gaap_CollateralAlreadyPostedAggregateFairValue
Namespace Prefix: | us-gaap_
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://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(13)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(a)(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + 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 -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)(a)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + 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 -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-10 + 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 -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + 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://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481544/470-10-50-6 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The net cash inflow or cash outflow from issuing (borrowing) and repaying commercial paper. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 15 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-15 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 14 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-14 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 9 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-9 + Details
Name: | us-gaap_ProceedsFromRepaymentsOfCommercialPaper
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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 -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-14 + 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 -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 15 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-15 + Details
Name: | us-gaap_RepaymentsOfShortTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Weighted average interest rate of short-term debt outstanding calculated at point in time. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481544/470-10-50-7 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ShortTermDebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

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_LetterOfCreditFacilitiesExpiringApril2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=pseg_LetterOfCreditFacilitiesExpiringSeptember2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

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

X
- Details
Name: | us-gaap_ShortTermDebtTypeAxis=pseg_April2023TermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
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: |

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

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