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SCHEDULE I - FINANCIAL INFORMATION OF REGISTRANT
 12 Months Ended
Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract]  
SCHEDULE I - FINANCIAL INFORMATION OF REGISTRANT
SCHEDULE I
EVERSOURCE ENERGY (PARENT)
FINANCIAL INFORMATION OF REGISTRANT
BALANCE SHEETS
AS OF DECEMBER 31, 2023 AND 2022
(Thousands of Dollars)
 20232022
ASSETS  
Current Assets:  
Cash$542 $971 
Accounts Receivable from Subsidiaries60,191 53,338 
Notes Receivable from Subsidiaries2,045,570 1,074,800 
Prepayments and Other Current Assets103,735 23,597 
Total Current Assets2,210,038 1,152,706 
Deferred Debits and Other Assets: 
Investments in Subsidiary Companies, at Equity17,977,812 18,379,840 
Notes Receivable from Subsidiaries2,296,500 1,896,500 
Accumulated Deferred Income Taxes10,131 — 
Goodwill3,852,524 3,852,524 
Other Long-Term Assets28,287 108,867 
Total Deferred Debits and Other Assets24,165,254 24,237,731 
Total Assets$26,375,292 $25,390,437 
LIABILITIES AND CAPITALIZATION 
Current Liabilities: 
Notes Payable$1,564,575 $1,442,200 
Long-Term Debt - Current Portion364,653 1,207,047 
Accounts Payable to Subsidiaries38,051 33,530 
Accrued Interest106,070 72,951 
Other Current Liabilities41,268 39,856 
Total Current Liabilities2,114,617 2,795,584 
Deferred Credits and Other Liabilities:
Accumulated Deferred Income Taxes— 8,498 
Other Long-Term Liabilities134,432 140,393 
Total Deferred Credits and Other Liabilities134,432 148,891 
Long-Term Debt9,952,351 6,972,804 
Common Shareholders' Equity:  
Common Shares1,799,920 1,799,920 
Capital Surplus, Paid in8,460,876 8,401,731 
Retained Earnings4,142,515 5,527,153 
Accumulated Other Comprehensive Loss(33,737)(39,421)
Treasury Stock(195,682)(216,225)
Common Shareholders' Equity14,173,892 15,473,158 
Total Liabilities and Capitalization$26,375,292 $25,390,437 

See the Combined Notes to Financial Statements in this Annual Report on Form 10-K for a description of significant accounting matters related to Eversource parent, including Eversource common shares information as described in Note 18, "Common Shares," material obligations and guarantees as described in Note 13, "Commitments and Contingencies," and debt agreements as described in Note 8, "Short-Term Debt," and Note 9, "Long-Term Debt."
SCHEDULE I
EVERSOURCE ENERGY (PARENT)
FINANCIAL INFORMATION OF REGISTRANT
STATEMENTS OF (LOSS)/INCOME
FOR THE YEARS ENDED DECEMBER 31, 2023, 2022 AND 2021
(Thousands of Dollars, Except Share Information)
 202320222021
Operating Revenues$840 $— $— 
Operating Expenses:   
   Other12,769 26,708 43,048 
Operating Loss(11,929)(26,708)(43,048)
Interest Expense397,281 237,773 163,613 
Other Income, Net:   
   Equity in (Losses)/Earnings of Subsidiaries(312,040)1,565,474 1,345,199 
   Other, Net188,003 79,383 47,802 
Other (Loss)/Income, Net(124,037)1,644,857 1,393,001 
(Loss)/Income Before Income Tax Benefit(533,247)1,380,376 1,186,340 
Income Tax Benefit(91,007)(24,499)(34,187)
Net (Loss)/Income$(442,240)$1,404,875 $1,220,527 
Basic (Loss)/Earnings per Common Share$(1.27)$4.05 $3.55 
Diluted (Loss)/Earnings per Common Share$(1.26)$4.05 $3.54 
Weighted Average Common Shares Outstanding:   
   Basic349,580,638 346,783,444 343,972,926 
   Diluted349,840,481 347,246,768 344,631,056 


STATEMENTS OF COMPREHENSIVE (LOSS)/INCOME
(Thousands of Dollars)202320222021
Net (Loss)/Income$(442,240)$1,404,875 $1,220,527 
Other Comprehensive Income, Net of Tax:   
   Qualified Cash Flow Hedging Instruments20 20 972 
   Changes in Unrealized Gains/(Losses) on Marketable Securities1,252 (1,636)(671)
   Changes in Funded Status of Pension, SERP and PBOP Benefit Plans4,412 4,470 33,835 
Other Comprehensive Income, Net of Tax5,684 2,854 34,136 
Comprehensive (Loss)/Income$(436,556)$1,407,729 $1,254,663 

See the Combined Notes to Financial Statements in this Annual Report on Form 10-K for a description of significant accounting matters related to Eversource parent, including Eversource common shares information as described in Note 18, "Common Shares," material obligations and guarantees as described in Note 13, "Commitments and Contingencies," and debt agreements as described in Note 8, "Short-Term Debt," and Note 9, "Long-Term Debt."
SCHEDULE I
EVERSOURCE ENERGY (PARENT)
FINANCIAL INFORMATION OF REGISTRANT
STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2023, 2022 and 2021
(Thousands of Dollars)
 202320222021
Operating Activities:   
Net (Loss)/Income$(442,240)$1,404,875 $1,220,527 
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:  
Equity in Losses/(Earnings) of Subsidiaries312,040 (1,565,474)(1,345,199)
Cash Dividends Received from Subsidiaries1,027,400 855,600 1,037,100 
Deferred Income Taxes(22,256)25,823 20,293 
Other(12,834)26,455 36,910 
Changes in Current Assets and Liabilities:  
Accounts Receivables from Subsidiaries(6,853)(9,935)(3,758)
Taxes Receivable/Accrued, Net(80,968)(21,627)(19,455)
Accounts Payable to Subsidiaries4,521 (4,079)19,185 
Other Current Assets and Liabilities, Net35,357 35,090 8,144 
Net Cash Flows Provided by Operating Activities814,167 746,728 973,747 
 
Investing Activities:   
Capital Contributions to Subsidiaries(1,369,700)(1,499,300)(1,033,000)
Return of Capital from Subsidiaries438,000 12,000 178,800 
Increase in Notes Receivable from Subsidiaries(1,578,100)(724,400)(140,200)
Other Investing Activities147,567 (1,289)(3,196)
Net Cash Flows Used in Investing Activities(2,362,233)(2,212,989)(997,596)
Financing Activities:   
Issuance of Common Shares, Net of Issuance Costs— 197,058 — 
Cash Dividends on Common Shares(918,995)(860,033)(805,439)
Issuance of Long-Term Debt3,350,000 2,800,000 1,000,000 
Retirement of Long-Term Debt(1,200,000)(750,000)(450,000)
Increase in Notes Payable329,705 99,250 288,625 
Other Financing Activities(13,076)(19,193)(9,545)
Net Cash Flows Provided by Financing Activities1,547,634 1,467,082 23,641 
Net (Decrease)/Increase in Cash and Restricted Cash(432)821 (208)
Cash and Restricted Cash - Beginning of Year1,047 226 434 
Cash and Restricted Cash - End of Year$615 $1,047 $226 
Supplemental Cash Flow Information:   
Cash Paid/(Received) During the Year for:   
Interest$366,645 $215,053 $164,568 
Income Taxes$23,984 $(20,992)$(51,277)

See the Combined Notes to Financial Statements in this Annual Report on Form 10-K for a description of significant accounting matters related to Eversource parent, including Eversource common shares information as described in Note 18, "Common Shares," material obligations and guarantees as described in Note 13, "Commitments and Contingencies," and debt agreements as described in Note 8, "Short-Term Debt," and Note 9, "Long-Term Debt."