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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities:    
Net Income $ 756,216 $ 718,762
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 571,152 531,781
Deferred Income Taxes 374,863 301,413
Pension, SERP and PBOP Expense, Net 16,891 31,627
Pension and PBOP Contributions (197,900) (121,854)
Regulatory Overrecoveries, Net 185,952 152,808
Amortization of Regulatory Assets, Net 58,058 56,223
Other (148,741) (27,671)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (107,473) (191,454)
Fuel, Materials, Supplies and Inventory 23,686 25,425
Taxes Receivable/Accrued, Net 88,856 347,898
Accounts Payable (96,551) (121,513)
Other Current Assets and Liabilities, Net (32,874) (53,077)
Net Cash Flows Provided by Operating Activities 1,492,135 1,650,368
Investing Activities:    
Investments in Property, Plant and Equipment (1,642,280) (1,359,171)
Proceeds from Sales of Marketable Securities 520,664 444,209
Purchases of Marketable Securities (506,302) (437,197)
Other Investing Activities (10,177) (9,463)
Net Cash Flows Used in Investing Activities (1,638,095) (1,361,622)
Financing Activities:    
Cash Dividends on Common Shares (451,562) (423,471)
Cash Dividends on Preferred Stock (5,639) (5,639)
Decrease in Notes Payable (231,500) (426,453)
Issuance of Long-Term Debt 1,250,000 800,000
Retirements of Long-Term Debt (320,000) (200,000)
Other Financing Activities 171 (17,074)
Net Cash Flows Provided by/(Used in) Financing Activities 241,470 (272,637)
Net Increase (decrease) in Cash and Cash Equivalents 95,510 16,109
Cash and Cash Equivalents - Beginning of Period 30,251 23,947
Cash and Cash Equivalents - End of Period 125,761 40,056
The Connecticut Light And Power Company    
Operating Activities:    
Net Income 277,645 256,553
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 184,275 172,175
Deferred Income Taxes 90,132 109,637
Pension, SERP and PBOP (Benefits)/Expense, Net 4,546 4,825
Regulatory Overrecoveries, Net 71,413 33,492
Amortization of Regulatory Assets, Net 58,799 30,308
Other (22,113) (14,873)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (70,936) (100,074)
Taxes Receivable/Accrued, Net 69,335 197,422
Accounts Payable (1,649) (30,168)
Other Current Assets and Liabilities, Net (38,111) (44,908)
Net Cash Flows Provided by Operating Activities 623,336 614,389
Investing Activities:    
Investments in Property, Plant and Equipment (621,882) (438,518)
Proceeds from the Sale of Property, Plant and Equipment 0 9,047
Other Investing Activities 185 310
Net Cash Flows Used in Investing Activities (621,697) (429,161)
Financing Activities:    
Cash Dividends on Common Shares (205,200) (149,700)
Capital Contributions from Eversource Parent 0 145,700
Cash Dividends on Preferred Stock (4,169) (4,169)
Increase/(Decrease) in Notes Payable to Eversource Parent (80,100) (168,900)
Premium on Long-Term Debt Issuance 21,937 0
Issuance of Long-Term Debt 525,000 0
Retirements of Long-Term Debt (250,000) 0
Other Financing Activities (6,322) (609)
Net Cash Flows Provided by/(Used in) Financing Activities 1,146 (177,678)
Net Increase (decrease) in Cash and Cash Equivalents 2,785 7,550
Cash and Cash Equivalents - Beginning of Period 6,579 1,057
Cash and Cash Equivalents - End of Period 9,364 8,607
NSTAR Electric Company    
Operating Activities:    
Net Income 251,685 239,857
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 167,598 159,151
Deferred Income Taxes 71,327 40,960
Pension and PBOP Contributions (83,040) (26,734)
Pension, SERP and PBOP (Benefits)/Expense, Net (7,305) 1,370
Regulatory Overrecoveries, Net 61,356 131,774
Amortization of Regulatory Assets, Net 17,806 18,275
Other (23,120) (20,088)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (95,398) (103,444)
Fuel, Materials, Supplies and Inventory 9,086 30,659
Taxes Receivable/Accrued, Net 67,501 141,379
Accounts Payable (38,486) (22,913)
Other Current Assets and Liabilities, Net 13,961 (25,942)
Net Cash Flows Provided by Operating Activities 412,971 564,304
Investing Activities:    
Investments in Property, Plant and Equipment (358,041) (327,731)
Other Investing Activities (3,617) 0
Net Cash Flows Used in Investing Activities (361,658) (327,731)
Financing Activities:    
Cash Dividends on Common Shares (186,000) (278,300)
Capital Contributions from Eversource Parent 2,300 25,000
Cash Dividends on Preferred Stock (1,470) (1,470)
Decrease in Notes Payable (126,500) (26,500)
Issuance of Long-Term Debt 350,000 250,000
Retirements of Long-Term Debt 0 (200,000)
Other Financing Activities (3,222) (2,495)
Net Cash Flows Provided by/(Used in) Financing Activities 35,108 (233,765)
Net Increase (decrease) in Cash and Cash Equivalents 86,421 2,808
Cash and Cash Equivalents - Beginning of Period 3,494 3,346
Cash and Cash Equivalents - End of Period 89,915 6,154
Public Service Company Of New Hampshire    
Operating Activities:    
Net Income 99,626 105,829
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 95,266 86,524
Deferred Income Taxes 43,217 74,522
Regulatory Overrecoveries, Net 8,910 (4,289)
Amortization of Regulatory (Liabilities)/Assets, Net (10,658) 14,490
Other (7,792) (12,660)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (30,276) (28,754)
Fuel, Materials, Supplies and Inventory 4,263 (4,014)
Taxes Receivable/Accrued, Net 10,749 33,589
Accounts Payable 18,394 14,508
Other Current Assets and Liabilities, Net 32,296 26,207
Net Cash Flows Provided by Operating Activities 263,995 305,952
Investing Activities:    
Investments in Property, Plant and Equipment (215,470) (215,804)
Other Investing Activities 113 272
Net Cash Flows Used in Investing Activities (215,357) (215,532)
Financing Activities:    
Cash Dividends on Common Shares (23,900) (58,200)
Capital Contributions from Eversource Parent 0 94,500
Increase/(Decrease) in Notes Payable to Eversource Parent 41,400 (123,800)
Retirements of Long-Term Debt (70,000) 0
Other Financing Activities (187) (217)
Net Cash Flows Provided by/(Used in) Financing Activities (52,687) (87,717)
Net Increase (decrease) in Cash and Cash Equivalents (4,049) 2,703
Cash and Cash Equivalents - Beginning of Period 4,646 1,733
Cash and Cash Equivalents - End of Period 597 4,436
Western Massachusetts Electric Company    
Operating Activities:    
Net Income 52,446 46,103
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 36,844 34,414
Deferred Income Taxes 29,008 15,587
Regulatory Overrecoveries, Net 10,291 323
Amortization of Regulatory (Liabilities)/Assets, Net (563) 3,305
Other (10,182) (2,532)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (16,818) 1,933
Taxes Receivable/Accrued, Net 4,203 36,658
Accounts Payable (5,777) (16,240)
Other Current Assets and Liabilities, Net (7,482) 5,277
Net Cash Flows Provided by Operating Activities 91,970 124,828
Investing Activities:    
Investments in Property, Plant and Equipment (109,233) (104,811)
Proceeds from Sales of Marketable Securities 1,641 1,934
Purchases of Marketable Securities (1,590) (1,894)
Net Cash Flows Used in Investing Activities (109,182) (104,771)
Financing Activities:    
Cash Dividends on Common Shares (28,500) (28,500)
Capital Contributions from Eversource Parent 0 53,000
Increase/(Decrease) in Notes Payable to Eversource Parent 45,900 (95,200)
Issuance of Long-Term Debt 0 50,000
Other Financing Activities (188) (191)
Net Cash Flows Provided by/(Used in) Financing Activities 17,212 (20,891)
Net Increase (decrease) in Cash and Cash Equivalents 0 (834)
Cash and Cash Equivalents - Beginning of Period 0 834
Cash and Cash Equivalents - End of Period $ 0 $ 0