v3.25.1
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss) $ 589 $ 532
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 320 295
Amortization of Nuclear Fuel 53 51
Provision for Deferred Income Taxes and ITC (38) 40
Non-Cash Employee Benefit Plan (Credits) Costs 19 18
Net Realized and Unrealized (Gains) Losses on Energy Contracts and Other Derivatives 183 258
Cost of Removal (34) (45)
Energy Efficiency Programs Regulatory Investment Expenditures (165) (118)
Amortization of Energy Efficiency Programs Regulatory Investment Expenditures 38 27
Net Change in Other Regulatory Assets and Liabilities 37 (47)
Net (Gains) Losses and (Income) Expense from NDT Fund (26) (109)
Net Change in Certain Current Assets and Liabilities:    
Tax Receivable 78 5
Accrued Taxes 31 11
Cash Collateral (89) (168)
Obligation to Return Cash Collateral 26 4
Other Current Assets and Liabilities 24 (97)
Employee Benefit Plan Funding and Related Payments (17) (19)
Other 20 23
Net Cash Provided By (Used In) Operating Activities 1,049 661
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to Property, Plant and Equipment (628) (797)
Proceeds from Sales of Trust Investments 394 369
Purchases of Trust Investments (410) (380)
Other 26 23
Net Cash Provided By (Used In) Investing Activities (618) (785)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Change in Commercial Paper and Loans (1,193) (425)
Issuance of Long-Term Debt 1,900 2,250
Repayments of Long-Term Debt 0 (250)
Cash Dividends Paid on Common Stock (314) (299)
Other (48) (27)
Net Cash Provided By (Used In) Financing Activities 345 1,249
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 776 1,125
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 154 99
Cash, Cash Equivalents and Restricted Cash at End of Period 930 1,224
Supplemental Disclosure of Cash Flow Information:    
Net Income Taxes Paid (Received) (71) (4)
Interest Paid, Net of Amounts Capitalized 226 172
Accrued Property, Plant and Equipment Expenditures 372 408
Public Service Electric and Gas Company [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss) 546 488
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 280 257
Provision for Deferred Income Taxes and ITC (21) 53
Non-Cash Employee Benefit Plan (Credits) Costs 11 11
Cost of Removal (34) (45)
Energy Efficiency Programs Regulatory Investment Expenditures (165) (118)
Amortization of Energy Efficiency Programs Regulatory Investment Expenditures 38 27
Net Change in Other Regulatory Assets and Liabilities 37 (47)
Net Change in Certain Current Assets and Liabilities:    
Accounts Receivable and Unbilled Revenues (107) (83)
Fuel, Materials and Supplies 4 (60)
Prepayments (10) 6
Accounts Payable (67) (87)
Accounts Receivable/Payable-Affiliated Companies, net 115 30
Obligation to Return Cash Collateral 26 4
Other Current Assets and Liabilities 14 6
Employee Benefit Plan Funding and Related Payments (12) (14)
Other (23) (20)
Net Cash Provided By (Used In) Operating Activities 632 408
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to Property, Plant and Equipment (605) (739)
Proceeds from Sales of Trust Investments 1 1
Purchases of Trust Investments (1) (1)
Other 8 6
Net Cash Provided By (Used In) Investing Activities (597) (733)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Change in Commercial Paper and Loans (444) (400)
Issuance of Long-Term Debt 900 1,000
Repayments of Long-Term Debt 0 (250)
Other (12) (12)
Net Cash Provided By (Used In) Financing Activities 444 338
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 479 13
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 108 75
Cash, Cash Equivalents and Restricted Cash at End of Period 587 88
Supplemental Disclosure of Cash Flow Information:    
Net Income Taxes Paid (Received) 0 (1)
Interest Paid, Net of Amounts Capitalized 189 142
Accrued Property, Plant and Equipment Expenditures $ 289 $ 322