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NSTAR ELECTRIC COMPANY AND SUBSIDIARY CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash $ 53,873 $ 47,597
Cash Equivalents 0 327,006
Receivables, Net (net of allowance for uncollectible accounts) 1,431,531 1,517,138
Unbilled Revenues 225,325 238,968
Materials, Supplies, Natural Gas and REC Inventory 507,307 374,395
Regulatory Assets 1,674,196 1,335,491
Prepayments and Other Current Assets 355,762 382,603
Total Current Assets 4,247,994 4,223,198
Property, Plant and Equipment, Net 39,498,607 36,112,820
Deferred Debits and Other Assets:    
Regulatory Assets 4,714,970 4,242,794
Prepaid Pension and PBOP 1,028,207 1,045,524
Other Long-Term Assets 592,080 541,344
Total Deferred Debits and Other Assets 11,865,644 12,894,882
Total Assets 55,612,245 53,230,900
Current Liabilities:    
Long-Term Debt – Current Portion 824,847 1,320,129
Accounts Payable 1,869,187 2,113,905
Regulatory Liabilities 591,750 890,786
Other Current Liabilities 1,081,981 989,053
Total Current Liabilities 6,341,397 6,799,283
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 5,303,730 5,067,902
Regulatory Liabilities 4,022,923 3,930,305
Other Long-Term Liabilities 961,239 888,081
Total Deferred Credits and Other Liabilities 10,985,489 10,668,403
Capitalization:    
Long-Term Debt 23,588,616 19,723,994
Preferred Stock Not Subject to Mandatory Redemption 155,569 155,570
Common Shareholders' Equity:    
Capital Surplus, Paid In 8,460,876 8,401,731
Retained Earnings 4,142,515 5,527,153
Accumulated Other Comprehensive Income/(Loss) (33,737) (39,421)
Common Shareholders' Equity 14,173,892 15,473,158
Commitments and Contingencies (Note 13)
Total Liabilities and Capitalization 55,612,245 53,230,900
NSTAR Electric Company    
Current Assets:    
Cash 6,740 738
Cash Equivalents 0 327,006
Unbilled Revenues 49,897 39,680
Materials, Supplies, Natural Gas and REC Inventory 173,770 138,352
Regulatory Assets 676,083 492,759
Prepayments and Other Current Assets 41,464 71,276
Total Current Assets 1,510,295 1,558,378
Property, Plant and Equipment, Net 12,753,787 11,626,968
Deferred Debits and Other Assets:    
Regulatory Assets 1,281,836 1,221,619
Prepaid Pension and PBOP 608,617 576,809
Other Long-Term Assets 116,978 111,846
Total Deferred Debits and Other Assets 2,007,431 1,910,274
Total Assets 16,271,513 15,095,620
Current Liabilities:    
Notes Payable to Eversource Parent 365,847 0
Long-Term Debt – Current Portion 0 80,000
Obligations to Third Party Suppliers 139,823 142,628
Renewable Portfolio Standards Compliance Obligations 116,010 120,239
Regulatory Liabilities 368,070 373,221
Other Current Liabilities 84,688 83,925
Total Current Liabilities 1,818,756 1,468,596
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 1,849,613 1,700,875
Regulatory Liabilities 1,585,311 1,548,081
Other Long-Term Liabilities 327,388 289,313
Total Deferred Credits and Other Liabilities 3,762,312 3,538,269
Capitalization:    
Long-Term Debt 4,496,947 4,345,085
Preferred Stock Not Subject to Mandatory Redemption 43,000 43,000
Common Shareholders' Equity:    
Common Shares 0 0
Capital Surplus, Paid In 3,013,842 2,778,942
Retained Earnings 3,136,612 2,921,444
Accumulated Other Comprehensive Income/(Loss) 44 284
Common Shareholders' Equity 6,150,498 5,700,670
Commitments and Contingencies (Note 13)
Total Liabilities and Capitalization 16,271,513 15,095,620
NSTAR Electric Company | Nonrelated Party    
Current Assets:    
Receivables, Net (net of allowance for uncollectible accounts) 487,707 453,371
Current Liabilities:    
Accounts Payable 599,696 559,676
NSTAR Electric Company | Related Party    
Current Assets:    
Receivables, Net (net of allowance for uncollectible accounts) 74,634 35,196
Current Liabilities:    
Accounts Payable $ 144,622 $ 108,907