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NSTAR ELECTRIC COMPANY AND SUBSIDIARY CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash $ 46,175 $ 66,773
Receivables, Net (net of allowance for uncollectible accounts) 1,468,558 1,226,069
Unbilled Revenues 192,913 210,879
Fuel, Materials, Supplies and REC Inventory 287,042 267,547
Regulatory Assets 1,128,088 1,129,093
Prepayments and Other Current Assets 350,907 369,759
Total Current Assets 3,473,683 3,270,120
Property, Plant and Equipment, Net 33,852,596 33,377,650
Deferred Debits and Other Assets:    
Total Long-Term Regulatory Assets 4,573,309 4,586,709
Other Long-Term Assets 943,797 883,756
Total Deferred Debits and Other Assets 11,962,873 11,844,374
Total Assets 49,289,152 48,492,144
Current Liabilities:    
Notes Payable 1,668,800 1,505,450
Long-Term Debt – Current Portion 817,114 1,193,097
Accounts Payable 1,494,360 1,672,230
Regulatory Liabilities 652,358 602,432
Other Current Liabilities 925,467 830,620
Total Current Liabilities 5,601,309 5,847,039
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 4,683,105 4,597,120
Regulatory Liabilities 3,894,768 3,866,251
Other Long-Term Liabilities 862,304 971,080
Total Deferred Credits and Other Liabilities 10,351,024 10,412,412
Capitalization:    
Long-Term Debt 17,912,462 17,023,577
Preferred Stock Not Subject to Mandatory Redemption 155,570 155,570
Common Shareholders' Equity:    
Common Shares 1,789,092 1,789,092
Capital Surplus, Paid In 8,102,618 8,098,514
Retained Earnings 5,229,069 5,005,391
Accumulated Other Comprehensive Income (41,571) (42,275)
Common Shareholders' Equity 14,836,690 14,599,844
Commitments and Contingencies (Note 9)
Total Liabilities and Capitalization 49,289,152 48,492,144
NSTAR Electric Company    
Current Assets:    
Cash 721 745
Receivables, Net (net of allowance for uncollectible accounts) 417,048 405,674
Accounts Receivable from Affiliated Companies 45,121 67,420
Unbilled Revenues 36,618 37,497
Fuel, Materials, Supplies and REC Inventory 148,084 116,712
Taxes Receivable 35,318 80,617
Regulatory Assets 433,653 443,956
Prepayments and Other Current Assets 25,465 22,397
Total Current Assets 1,142,028 1,175,018
Property, Plant and Equipment, Net 11,008,899 10,876,614
Deferred Debits and Other Assets:    
Total Long-Term Regulatory Assets 1,239,773 1,135,231
Prepaid Pension and PBOP 475,602 441,426
Other Long-Term Assets 171,421 171,657
Total Deferred Debits and Other Assets 1,886,796 1,748,314
Total Assets 14,037,723 13,799,946
Current Liabilities:    
Notes Payable 275,000 162,500
Notes Payable to Eversource Parent 4,000 0
Long-Term Debt – Current Portion 400,000 400,000
Accounts Payable 437,896 490,915
Accounts Payable to Affiliated Companies 139,762 129,575
Obligations to Third Party Suppliers 127,342 116,273
Renewable Portfolio Standards Compliance Obligations 129,759 100,200
Regulatory Liabilities 279,299 228,248
Other Current Liabilities 157,567 84,303
Total Current Liabilities 1,950,625 1,712,014
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 1,617,909 1,579,508
Regulatory Liabilities 1,570,969 1,559,072
Other Long-Term Liabilities 275,573 347,934
Total Deferred Credits and Other Liabilities 3,464,451 3,486,514
Capitalization:    
Long-Term Debt 3,586,326 3,585,399
Preferred Stock Not Subject to Mandatory Redemption 43,000 43,000
Common Shareholders' Equity:    
Common Shares 0 0
Capital Surplus, Paid In 2,253,942 2,253,942
Retained Earnings 2,738,925 2,718,576
Accumulated Other Comprehensive Income 454 501
Common Shareholders' Equity 4,993,321 4,973,019
Commitments and Contingencies (Note 9)
Total Liabilities and Capitalization $ 14,037,723 $ 13,799,946