Financing Receivables (Tables)
 3 Months Ended
Mar. 31, 2018
PSE And G [Member]  
Schedule of Financial Receivables [Line Items]  
Schedule Of Credit Risk Profile Based On Payment Activity
The following table reflects the outstanding loans by class of customer, none of which are considered “non-performing.”
 
 
 
 
 
 
 
 
Outstanding Loans by Class of Customer
 
 
 
 
As of
 
As of
 
 
Consumer Loans
 
March 31,
2018
 
December 31,
2017
 
 
 
 
Millions
 
 
Commercial/Industrial
 
$
168

 
$
158

 
 
Residential
 
10

 
10

 
 
Total
 
$
178

 
$
168

 
 
 
 
 
 
 
 
Energy Holdings [Member]  
Schedule of Financial Receivables [Line Items]  
Schedule Of Gross And Net Lease Investment
The following table shows Energy Holdings’ gross and net lease investment as of March 31, 2018 and December 31, 2017, respectively.
 
 
 
 
 
 
 
 
As of
 
As of
 
 
 
March 31,
2018
 
December 31,
2017
 
 
 
Millions
 
 
Lease Receivables (net of Non-Recourse Debt)
$
545

 
$
546

 
 
Estimated Residual Value of Leased Assets
326

 
326

 
 
Total Investment in Rental Receivables
871

 
872

 
 
Unearned and Deferred Income
(303
)
 
(307
)
 
 
Gross Investment in Leases
568

 
565

 
 
Deferred Tax Liabilities
(498
)
 
(480
)
 
 
Net Investment in Leases
$
70

 
$
85

 
 
 
 
 
 
 
Schedule Of Lease Receivables, Net Of Nonrecourse Debt, Associated With Leveraged Lease Portfolio Based On Counterparty Credit Rating
The corresponding receivables associated with the lease portfolio are reflected as follows, net of non-recourse debt. The ratings in the table represent the ratings of the entities providing payment assurance to Energy Holdings.
 
 
 
 
 
 
 
 
Lease Receivables, Net of
Non-Recourse Debt
 
 
Counterparties’ Credit Rating Standard & Poor’s (S&P) as of March 31, 2018
 
 
 
 
 
As of March 31, 2018
 
 
 
 
Millions
 
 
AA
 
$
14

 
 
BBB+ — BBB-
 
316

 
 
BB-
 
133

 
 
CCC-
 
82

 
 
Total
 
$
545

 
 
 
 
 
 
Schedule Of Assets Under Lease Receivables
A more detailed description of such assets under lease is presented in the following table.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset
 
Location
 
Gross
Investment
 
%
Owned
 
Total MW
 
Fuel
Type
 
Counterparties’
S&P Credit
Ratings
 
Counterparty
 
 
 
 
 
 
Millions
 
 
 
 
 
 
 
 
 
 
 
 
Powerton Station Units 5 and 6
 
IL
 
$
132

 
64
%
 
1,538

 
Coal
 
BB-
 
NRG Energy, Inc.
 
 
Joliet Station Units 7 and 8
 
IL
 
$
85

 
64
%
 
1,036

 
Gas
 
BB-
 
NRG Energy, Inc.
 
 
Keystone Station Units 1 and 2
 
PA
 
$
20

 
17
%
 
1,711

 
Coal
 
CCC-
 
REMA (A)
 
 
Conemaugh Station Units 1 and 2
 
PA
 
$
20

 
17
%
 
1,711

 
Coal
 
CCC-
 
REMA (A)
 
 
Shawville Station Units 1, 2, 3 and 4
 
PA
 
$
78

 
100
%
 
596

 
Gas
 
CCC-
 
REMA (A)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

(A)
GenOn and certain of its subsidiaries (which did not include REMA) filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code. GenOn is currently engaged in a balance sheet restructuring, which will take an undetermined time to complete. Certain subsidiaries of Energy Holdings, REMA, consenting holders of the pass-through certificates and other parties entered into a Forbearance relating to the Conemaugh facility.