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Financial Information By Business Segments - Financial Information By Business Segments (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Operating Revenues $ 10,290 $ 11,237 $ 9,800
Energy Costs 3,393 3,260 4,018
Controllable Operation and Maintenance (C) [1] 2,088 1,906 1,931
Depreciation and Amortization 1,182 1,135 1,100
Operating Income (Loss) 2,353 3,685 1,381
Income from Equity Method Investments 1 1 14
Interest Income 32 53 31
Interest Expense 882 748 628
Income (Loss) before Income Taxes 1,825 3,081 1,002
Income Tax Expense (Benefit) 53 518 (29)
Other Segment Items (D) [2] 953 1,161 1,166
Net Income (Loss) 1,772 2,563 1,031
Gross Additions to Long-Lived Assets 3,380 3,325 2,888
Total Assets 54,640 50,741 48,718
Investments in Equity Method Subsidiaries 21 17 306
Operating Segments [Member] | Public Service Electric and Gas Company [Member]      
Segment Reporting Information [Line Items]      
Operating Revenues 8,449 7,807 7,935
Energy Costs 3,189 3,010 3,270
Controllable Operation and Maintenance (C) [1] 1,317 1,193 1,219
Depreciation and Amortization 1,025 980 935
Income from Equity Method Investments 0 0 0
Interest Income 14 19 19
Interest Expense 582 493 427
Income Tax Expense (Benefit) 298 160 267
Other Segment Items (D) [2] 505 475 271
Net Income (Loss) 1,547 1,515 1,565
Gross Additions to Long-Lived Assets 2,921 2,998 2,590
Total Assets 46,364 42,873 39,960
Investments in Equity Method Subsidiaries 0 0 0
Operating Segments [Member] | PSEG Power & Other [Member]      
Segment Reporting Information [Line Items]      
Operating Revenues [3],[4] 2,807 4,533 3,266
Energy Costs [4] 1,170 1,353 2,149
Controllable Operation and Maintenance (C) [1],[4] 771 713 712
Depreciation and Amortization [4] 157 155 165
Income from Equity Method Investments [4] 1 1 14
Interest Income [4] 23 38 13
Interest Expense [4] 305 259 202
Income Tax Expense (Benefit) [4] (245) 358 (296)
Other Segment Items (D) [2],[4] 448 686 895
Net Income (Loss) [4] 225 1,048 (534)
Gross Additions to Long-Lived Assets [4] 459 327 298
Total Assets [4] 8,673 8,407 9,285
Investments in Equity Method Subsidiaries [4] 21 17 306
Eliminations [Member]      
Segment Reporting Information [Line Items]      
Operating Revenues [5] (966) (1,103) (1,401)
Energy Costs [5] (966) (1,103) (1,401)
Controllable Operation and Maintenance (C) [1],[5] 0 0 0
Depreciation and Amortization [5] 0 0 0
Income from Equity Method Investments [5] 0 0 0
Interest Income [5] (5) (4) (1)
Interest Expense [5] (5) (4) (1)
Income Tax Expense (Benefit) [5] 0 0 0
Other Segment Items (D) [2],[5] 0 0 0
Net Income (Loss) [5] 0 0 0
Gross Additions to Long-Lived Assets [5] 0 0 0
Total Assets [5] (397) (539) (527)
Investments in Equity Method Subsidiaries [5] $ 0 $ 0 $ 0
[1] Controllable Operation and Maintenance expense includes amounts for labor and benefit costs, materials, outside services and other normal operational costs, including intersegment amounts, and is the significant expense information that is regularly provided to the CODM.
[2] Other Segment Items include all other items to reconcile to Net Income. This includes all other O&M (primarily related to clause related expenditures at PSE&G and expenditures for transactions in which Servco acts as principal and controls the services provided to LIPA at PSEG Power & Other, each of which offset corresponding revenue amounts in those segments), losses on asset dispositions and impairments, non operating pension and OPEB credits and costs, gains and losses on trust investments and other income and deductions. This includes a $239 million after-tax pension charge due to the remeasurement of the qualified pension plans as a result of the pension settlement transaction in 2023 and after-tax impairments of $92 million related to certain Energy Holdings investments and additional adjustments related to the sale of PSEG Power’s fossil generation assets in 2022. See Note 3. Asset Dispositions and Impairments for additional information.
[3] Includes revenues applicable to PSEG Power, PSEG LI and Energy Holdings.
[4] PSEG Power & Other results include net after-tax gains (losses) of $(151) million, $959 million and $(457) million in the years ended December 31, 2024, 2023 and 2022, respectively, related to the impacts of non-trading commodity mark-to-market activity, which consists of the financial impact from positions with future delivery dates.
[5] Intercompany eliminations primarily relate to intercompany transactions between PSE&G and PSEG Power. For a further discussion of the intercompany transactions between PSE&G and PSEG Power, see Note 2. Revenues and Note 24. Related-Party Transactions.