XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
OPERATING REVENUES $ 3,226 $ 2,642 $ 9,253 $ 7,825
OPERATING EXPENSES        
Energy Costs 1,133 899 3,145 2,628
Operation and Maintenance 927 808 2,700 2,415
Depreciation and Amortization 311 294 939 874
Total Operating Expenses 2,371 2,001 6,784 5,917
OPERATING INCOME 855 641 2,469 1,908
Income from Equity Method Investments 0 1 0 2
Net Gains (Losses) on Trust Investments 62 89 165 191
Net Other Income (Deductions) 39 37 122 119
Net Non-Operating Pension and Other Postretirement Benefit (OPEB) Credits (Costs) 17 18 49 55
Interest Expense (253) (227) (742) (650)
INCOME BEFORE INCOME TAXES 720 559 2,063 1,625
Income Tax Expense (98) (39) (267) (139)
NET INCOME $ 622 $ 520 $ 1,796 $ 1,486
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
BASIC (shares) 499 498 499 498
DILUTED (shares) 501 500 501 500
NET INCOME PER SHARE:        
BASIC (dollars per share) $ 1.25 $ 1.04 $ 3.6 $ 2.98
DILUTED (dollars per share) $ 1.24 $ 1.04 $ 3.59 $ 2.97
Public Service Electric and Gas Company [Member]        
OPERATING REVENUES $ 2,535 $ 2,139 $ 7,230 $ 6,335
OPERATING EXPENSES        
Energy Costs 1,013 839 2,867 2,450
Operation and Maintenance 543 464 1,623 1,395
Depreciation and Amortization 277 254 832 758
Total Operating Expenses 1,833 1,557 5,322 4,603
OPERATING INCOME 702 582 1,908 1,732
Net Other Income (Deductions) 16 18 48 50
Net Non-Operating Pension and Other Postretirement Benefit (OPEB) Credits (Costs) 17 20 52 58
Interest Expense (162) (151) (480) (430)
INCOME BEFORE INCOME TAXES 573 469 1,528 1,410
Income Tax Expense (58) (90) (135) (241)
NET INCOME $ 515 $ 379 $ 1,393 $ 1,169