Pension and Other Postretirement Benefits (OPEB) (Tables)

3 Months Ended

Mar. 31, 2026

Retirement Benefits [Abstract]

Schedule of Components of Net Periodic Benefit Cost (Credits)

The following table provides the components of net periodic benefit costs (credits) relating to all qualified and nonqualified pension and OPEB plans on an aggregate basis for PSEG, excluding Servco. Amounts shown do not reflect the impacts of capitalization, co-owner allocations and certain regulatory orders. Only the service cost component is eligible for capitalization, when applicable.



			Pension Benefits								OPEB
			Three Months Ended								Three Months Ended
			March 31,								March 31,
			2026				2025				2026				2025
			Millions
	Components of Net Periodic Benefit Costs (Credits)
	Service Cost (included in O&M Expense)		$	22			$	22			$	—			$	—
	Non-Service Components of Pension and OPEB (Credits) Costs
	Interest Cost			54				58				8				9
	Expected Return on Plan Assets			(82	)			(77	)			(9	)			(8	)
	Amortization of Net
	Prior Service Costs			—				—				—				1
	Actuarial Loss (Gain)			14				15				(1	)			(1	)
	Non-Service Components of Pension and OPEB (Credits) Costs			(14	)			(4	)			(2	)			1
	Total Net Periodic Benefit Costs (Credits)		$	8			$	18			$	(2	)		$	1

Schedule of Pension and OPEB Costs

Pension and OPEB costs (credits) for PSE&G and PSEG Power & Other are detailed as follows:



			Pension Benefits								OPEB
			Three Months Ended								Three Months Ended
			March 31,								March 31,
			2026				2025				2026				2025
			Millions
	PSE&G		$	4			$	12			$	(3	)		$	(1	)
	PSEG Power & Other			4				6				1				2
	Total Net Periodic Benefit Costs (Credits)		$	8			$	18			$	(2	)		$	1