XML 59 R38.htm IDEA: XBRL DOCUMENT v3.25.0.1
Valuation and Qualifying Accounts
 12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]  
Valuation and Qualifying Accounts

Schedule II—Valuation and Qualifying Accounts Years Ended December 31, 2024—December 31, 2022

PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Column A

 

Column B

 

 

Column C Additions

 

 

Column D

 

 

 

Column E

 

 

 

Description

 

Balance at
Beginning
of Period

 

 

Charged to
cost and
expenses

 

 

 

Charged to
other
accounts-
describe

 

 

Deductions-
describe

 

 

 

Balance at
End of
Period

 

 

 

 

 

Millions

 

 

 

2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses

 

$

283

 

 

$

103

 

(A)

 

$

—

 

 

$

171

 

(B)

 

$

215

 

 

 

Materials and Supplies Valuation Reserve

 

 

14

 

 

 

1

 

 

 

 

—

 

 

 

2

 

(C)

 

 

13

 

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses

 

$

339

 

 

$

100

 

(A)

 

$

—

 

 

$

156

 

(B)

 

$

283

 

 

 

Materials and Supplies Valuation Reserve

 

 

10

 

 

 

4

 

 

 

 

—

 

 

 

—

 

 

 

 

14

 

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses

 

$

337

 

 

$

114

 

(A)

 

$

—

 

 

$

112

 

(B)

 

$

339

 

 

 

Materials and Supplies Valuation Reserve

 

 

12

 

 

 

1

 

 

 

 

—

 

 

 

3

 

(C)

 

 

10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(A)
For a discussion of bad debt recoveries, see Item 8. Note 1. Organization, Basis of Presentation and Summary of Significant Accounting Policies.
(B)
Accounts Receivable written off.
(C)
Reserve reduced to appropriate level as a result of asset dispositions and to remove obsolete inventory.

PUBLIC SERVICE ELECTRIC AND GAS COMPANY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Column A

 

Column B

 

 

Column C Additions

 

 

Column D

 

 

 

Column E

 

 

 

Description

 

Balance at
Beginning of
Period

 

 

Charged to
cost and
expenses

 

 

 

Charged to
other
accounts-
describe

 

 

Deductions-
describe

 

 

 

Balance at
End of
Period

 

 

 

 

 

Millions

 

 

 

2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses

 

$

283

 

 

$

103

 

(A)

 

$

—

 

 

$

171

 

(B)

 

$

215

 

 

 

Materials and Supplies Valuation Reserve

 

 

7

 

 

 

1

 

 

 

 

—

 

 

 

2

 

(C)

 

 

6

 

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses

 

$

339

 

 

$

100

 

(A)

 

$

—

 

 

$

156

 

(B)

 

$

283

 

 

 

Materials and Supplies Valuation Reserve

 

 

4

 

 

 

3

 

 

 

 

—

 

 

 

—

 

 

 

 

7

 

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses

 

$

337

 

 

$

114

 

(A)

 

$

—

 

 

$

112

 

(B)

 

$

339

 

 

 

Materials and Supplies Valuation Reserve

 

 

3

 

 

 

1

 

 

 

 

—

 

 

 

—

 

 

 

 

4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(A)
For a discussion of bad debt recoveries, see Item 8. Note 1. Organization, Basis of Presentation and Summary of Significant Accounting Policies.
(B)
Accounts Receivable written off.
(C)
Reserve reduced to appropriate level and to remove obsolete inventory.
Public Service Electric and Gas Company  
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]  
Valuation and Qualifying Accounts

Schedule II—Valuation and Qualifying Accounts Years Ended December 31, 2024—December 31, 2022

PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Column A

 

Column B

 

 

Column C Additions

 

 

Column D

 

 

 

Column E

 

 

 

Description

 

Balance at
Beginning
of Period

 

 

Charged to
cost and
expenses

 

 

 

Charged to
other
accounts-
describe

 

 

Deductions-
describe

 

 

 

Balance at
End of
Period

 

 

 

 

 

Millions

 

 

 

2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses

 

$

283

 

 

$

103

 

(A)

 

$

—

 

 

$

171

 

(B)

 

$

215

 

 

 

Materials and Supplies Valuation Reserve

 

 

14

 

 

 

1

 

 

 

 

—

 

 

 

2

 

(C)

 

 

13

 

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses

 

$

339

 

 

$

100

 

(A)

 

$

—

 

 

$

156

 

(B)

 

$

283

 

 

 

Materials and Supplies Valuation Reserve

 

 

10

 

 

 

4

 

 

 

 

—

 

 

 

—

 

 

 

 

14

 

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses

 

$

337

 

 

$

114

 

(A)

 

$

—

 

 

$

112

 

(B)

 

$

339

 

 

 

Materials and Supplies Valuation Reserve

 

 

12

 

 

 

1

 

 

 

 

—

 

 

 

3

 

(C)

 

 

10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(A)
For a discussion of bad debt recoveries, see Item 8. Note 1. Organization, Basis of Presentation and Summary of Significant Accounting Policies.
(B)
Accounts Receivable written off.
(C)
Reserve reduced to appropriate level as a result of asset dispositions and to remove obsolete inventory.

PUBLIC SERVICE ELECTRIC AND GAS COMPANY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Column A

 

Column B

 

 

Column C Additions

 

 

Column D

 

 

 

Column E

 

 

 

Description

 

Balance at
Beginning of
Period

 

 

Charged to
cost and
expenses

 

 

 

Charged to
other
accounts-
describe

 

 

Deductions-
describe

 

 

 

Balance at
End of
Period

 

 

 

 

 

Millions

 

 

 

2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses

 

$

283

 

 

$

103

 

(A)

 

$

—

 

 

$

171

 

(B)

 

$

215

 

 

 

Materials and Supplies Valuation Reserve

 

 

7

 

 

 

1

 

 

 

 

—

 

 

 

2

 

(C)

 

 

6

 

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses

 

$

339

 

 

$

100

 

(A)

 

$

—

 

 

$

156

 

(B)

 

$

283

 

 

 

Materials and Supplies Valuation Reserve

 

 

4

 

 

 

3

 

 

 

 

—

 

 

 

—

 

 

 

 

7

 

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses

 

$

337

 

 

$

114

 

(A)

 

$

—

 

 

$

112

 

(B)

 

$

339

 

 

 

Materials and Supplies Valuation Reserve

 

 

3

 

 

 

1

 

 

 

 

—

 

 

 

—

 

 

 

 

4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(A)
For a discussion of bad debt recoveries, see Item 8. Note 1. Organization, Basis of Presentation and Summary of Significant Accounting Policies.
(B)
Accounts Receivable written off.
(C)
Reserve reduced to appropriate level and to remove obsolete inventory.