Public Service Enterprise Group Incorporated / "Retirement" | Tables in SEC filings

PEG Public Service Enterprise Group Incorporated

Annual report


	December 31,
	2024		2023
LIABILITIES AND CAPITALIZATION

CURRENT LIABILITIES
Long-Term Debt Due Within One Year	$	2,150	$	1,500
Commercial Paper and Loans		1,593		949
Accounts Payable		1,136		1,214
Derivative Contracts		5		86
Accrued Interest		219		170
Accrued Taxes		10		8
New Jersey Clean Energy Program		145		145
Obligation to Return Cash Collateral		93		89
Regulatory Liabilities		555		349
Other		599		547
Total Current Liabilities		6,505		5,057
NONCURRENT LIABILITIES
Deferred Income Taxes and Investment Tax Credits (ITC)		7,248		6,671
Regulatory Liabilities		2,271		2,075
Operating Leases		153		173
Asset Retirement Obligations		1,500		1,468
Other Postretirement Benefit (OPEB) Costs		292		349
OPEB Costs of Servco		510		514
Accrued Pension Costs		488		606
Accrued Pension Costs of Servco		31		102
Environmental Costs		225		213
Derivative Contracts		4		6
Long-Term Accrued Taxes		130		45
Other		205		201
Total Noncurrent Liabilities		13,057		12,423
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 13) CAPITALIZATION
LONG-TERM DEBT		18,964		17,784
STOCKHOLDERS’ EQUITY
Common Stock, no par, authorized 1,000 shares; issued, 2024 and 2023—534 shares		5,057		5,018
Treasury Stock, at cost, 2024 and 2023—36 shares		(1,403)		(1,379)
Retained Earnings		12,593		12,017
Accumulated Other Comprehensive Loss		(133)		(179)
Total Stockholders’ Equity		16,114		15,477
Total Capitalization		35,078		33,261
TOTAL LIABILITIES AND CAPITALIZATION	$	54,640	$	50,741


	December 31,
	2024		2023
LIABILITIES AND CAPITALIZATION
CURRENT LIABILITIES
Long-Term Debt Due Within One Year	$	350	$	750
Commercial Paper and Loans		444		425
Accounts Payable		704		780
Accounts Payable—Affiliated Companies		362		504
Accrued Interest		174		139
New Jersey Clean Energy Program		145		145
Obligation to Return Cash Collateral		93		89
Regulatory Liabilities		555		349
Other		371		434
Total Current Liabilities		3,198		3,615
NONCURRENT LIABILITIES
Deferred Income Taxes and ITC		6,477		5,813
Regulatory Liabilities		2,271		2,075
Operating Leases		83		89
Asset Retirement Obligations		457		401
OPEB Costs		164		210
Accrued Pension Costs		305		396
Environmental Costs		159		151
Long-Term Accrued Taxes		—		2
Other		157		160
Total Noncurrent Liabilities		10,073		9,297
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 13)
CAPITALIZATION
LONG-TERM DEBT		14,648		12,913
STOCKHOLDER’S EQUITY
Common Stock; 150 shares authorized; issued and outstanding, 2024 and 2023—132 shares		892		892
Contributed Capital		2,156		2,156
Retained Earnings		15,401		14,004
Accumulated Other Comprehensive Loss		(4)		(4)
Total Stockholder’s Equity		18,445		17,048
Total Capitalization		33,093		29,961
TOTAL LIABILITIES AND CAPITALIZATION	$	46,364	$	42,873


	As of December 31,
	2024		2023
	Millions
Regulatory Assets
Deferred Income Tax Regulatory Assets	$	2,012	$	1,343
Pension and OPEB Costs		1,330		1,427
Green Program Recovery Charges (GPRC)		1,251		827
Conservation Incentive Program (CIP)		261		232
Clean Energy Future-Energy Cloud (CEF-EC)		233		153
Asset Retirement Obligations (ARO)		221		210
Societal Benefits Clause (SBC)		211		155
Manufactured Gas Plant (MGP) Remediation Costs		210		199
Cost of Removal		195		172
New Jersey Clean Energy Program		145		145
COVID-19 Deferral		131		131
2024 Distribution Base Rate Case Regulatory Assets (BRC)		108		—
Remediation Adjustment Charge (RAC) (Other SBC)		102		110
Clean Energy Future-Electric Vehicles (CEF-EV)		51		27
Deferred Storm Costs		—		109
Other		180		190
Total Regulatory Assets		6,641		5,430
Less: Current Regulatory Assets		516		273
Total Noncurrent Regulatory Assets	$	6,125	$	5,157


	September 30, 2024		December 31, 2023
LIABILITIES AND CAPITALIZATION
CURRENT LIABILITIES
Long-Term Debt Due Within One Year	$	600	$	750
Commercial Paper and Loans		—		425
Accounts Payable		712		780
Accounts Payable—Affiliated Companies		221		504
Accrued Interest		136		139
Clean Energy Program		185		145
Obligation to Return Cash Collateral		93		89
Regulatory Liabilities		603		349
Other		360		434
Total Current Liabilities		2,910		3,615
NONCURRENT LIABILITIES
Deferred Income Taxes and ITC		6,326		5,813
Regulatory Liabilities		2,309		2,075
Operating Leases		85		89
Asset Retirement Obligations		404		401
OPEB Costs		185		210
Accrued Pension Costs		384		396
Environmental Costs		162		151
Long-Term Accrued Taxes		—		2
Other		156		160
Total Noncurrent Liabilities		10,011		9,297
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
CAPITALIZATION
LONG-TERM DEBT		14,645		12,913
STOCKHOLDER’S EQUITY
Common Stock; 150 shares authorized; issued and outstanding, 2024 and 2023—132 shares		892		892
Contributed Capital		2,156		2,156
Retained Earnings		15,173		14,004
Accumulated Other Comprehensive Loss		(3)		(4)
Total Stockholder’s Equity		18,218		17,048
Total Capitalization		32,863		29,961
TOTAL LIABILITIES AND CAPITALIZATION	$	45,784	$	42,873

Table search / Public Service Enterprise Group Incorporated / "Retirement"