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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Activities:      
Net Income $ 995,515 $ 949,821 $ 886,004
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities      
Depreciation 773,802 715,466 665,856
Deferred Income Taxes 491,630 466,463 491,736
Pension, SERP and PBOP Expense 22,454 39,912 96,017
Pension and PBOP Contributions (242,800) (158,741) (162,452)
Regulatory (Under)/Over Recoveries, Net (47,935) 13,340 (163,287)
Amortization of Regulatory Assets, Net 89,986 71,696 22,339
Refunds/(Payments) Related to Spent Nuclear Fuel, Net 0 59,804 (297,253)
Other (148,429) (77,294) (82,219)
Changes in Current Assets and Liabilities:      
Receivables and Unbilled Revenues, Net (117,155) (142,699) (39,797)
Fuel, Materials, Supplies and Inventory (9,223) 7,755 34,112
Taxes Receivable/Accrued, Net 52,284 234,543 30,282
Accounts Payable 56,067 (14,126) (91,618)
Other Current Assets and Liabilities, Net 88,738 9,112 44,031
Net Cash Flows Provided by Operating Activities 2,004,934 2,175,052 1,433,751
Investing Activities:      
Investments in Property, Plant and Equipment (2,348,105) (1,976,867) (1,724,139)
Proceeds from Sales of Marketable Securities 832,903 659,338 799,165
Purchases of Marketable Securities (810,507) (681,272) (717,114)
Acquisition of Aquarion (877,652) 0 0
Payments to Acquire Investments (32,634) (188,958) (23,353)
Other Investing Activities 25,521 36,951 6,291
Net Cash Flows Used in Investing Activities (3,210,474) (2,150,808) (1,659,150)
Financing Activities:      
Cash Dividends on Common Shares (602,083) (564,486) (529,791)
Cash Dividends on Preferred Stock (7,519) (7,519) (7,519)
Increase/(Decrease) in Short-Term Debt 72,810 (12,453) (242,122)
Issuance of Long-Term Debt 2,500,000 800,000 1,225,000
Retirements of Long-Term Debt (745,000) (200,000) (216,700)
Other Financing Activities (4,754) (33,482) (18,225)
Net Cash Flows Provided by/(Used in) Financing Activities 1,213,454 (17,940) 210,643
Net Increase/(Decrease) in Cash and Cash Equivalents 7,914 6,304 (14,756)
Cash and Cash Equivalents - Beginning of Year 30,251 23,947 38,703
Cash and Cash Equivalents - End of Year 38,165 30,251 23,947
The Connecticut Light And Power Company      
Operating Activities:      
Net Income 376,726 334,254 299,360
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities      
Depreciation 249,352 230,489 215,289
Deferred Income Taxes 119,295 168,919 135,994
Pension, SERP and PBOP Expense 7,409 6,948 14,091
Regulatory (Under)/Over Recoveries, Net (8,017) (68,730) (53,781)
Amortization of Regulatory Assets, Net 83,166 38,765 12,318
Refunds/(Payments) Related to Spent Nuclear Fuel, Net 0 13,568 (242,231)
Other (37,648) (32,212) (36,385)
Changes in Current Assets and Liabilities:      
Receivables and Unbilled Revenues, Net (47,768) 3,229 (29,195)
Fuel, Materials, Supplies and Inventory 3,612 (8,926) 22,810
Taxes Receivable/Accrued, Net (9,688) 123,692 (13,517)
Accounts Payable 48,032 3,252 (16,910)
Other Current Assets and Liabilities, Net 20,080 (1,770) (9,514)
Net Cash Flows Provided by Operating Activities 804,551 811,478 298,329
Investing Activities:      
Investments in Property, Plant and Equipment (824,383) (611,984) (523,849)
Proceeds from the Sale of Property, Plant and Equipment 0 9,047 0
Other Investing Activities 236 296 (716)
Net Cash Flows Used in Investing Activities (824,147) (602,641) (524,565)
Financing Activities:      
Cash Dividends on Common Shares (254,800) (199,599) (196,000)
Cash Dividends on Preferred Stock (5,559) (5,559) (5,559)
(Decrease)/Increase in Notes Payable to Eversource Parent (10,600) (197,300) 144,000
Issuance of Long-Term Debt 525,000 0 350,000
Retirements of Long-Term Debt (250,000) 0 (162,000)
Capital Contributions from Eversource Parent 0 200,000 105,000
Other Financing Activities 15,004 (857) (10,504)
Net Cash Flows Provided by/(Used in) Financing Activities 19,045 (203,315) 224,937
Net Increase/(Decrease) in Cash and Cash Equivalents (551) 5,522 (1,299)
Cash and Cash Equivalents - Beginning of Year 6,579 1,057 2,356
Cash and Cash Equivalents - End of Year 6,028 6,579 1,057
NSTAR Electric Company      
Operating Activities:      
Net Income 374,726 350,777 401,048
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities      
Depreciation 274,008 259,262 240,132
Deferred Income Taxes 110,499 101,698 212,583
Pension, SERP and PBOP Expense (9,509) (771) 11,639
Pension and PBOP Contributions (90,721) (37,305) (9,886)
Regulatory (Under)/Over Recoveries, Net (20,009) 118,385 (141,824)
Amortization of Regulatory Assets, Net 33,831 34,332 1,556
Bad Debt Expense 21,252 31,728 19,168
Refunds/(Payments) Related to Spent Nuclear Fuel, Net 0 8,536 (56,001)
Other (24,868) (59,359) (68,275)
Changes in Current Assets and Liabilities:      
Receivables and Unbilled Revenues, Net (50,896) (70,302) (17,028)
Fuel, Materials, Supplies and Inventory (24,610) 10,571 19
Taxes Receivable/Accrued, Net 39,205 60,774 62,148
Accounts Payable (20,421) 18,000 (5,510)
Other Current Assets and Liabilities, Net 25,913 (17,607) 50,283
Net Cash Flows Provided by Operating Activities 638,400 808,719 700,052
Investing Activities:      
Investments in Property, Plant and Equipment (719,623) (664,932) (604,018)
Proceeds from Sales of Marketable Securities 3,934 2,479 186,444
Purchases of Marketable Securities (3,869) (2,426) (128,861)
Other Investing Activities (3,617) 0 0
Net Cash Flows Used in Investing Activities (723,175) (664,879) (546,435)
Financing Activities:      
Cash Dividends on Common Shares (272,000) (316,300) (235,200)
Cash Dividends on Preferred Stock (1,960) (1,960) (1,960)
Increase/(Decrease) in Short-Term Debt 56,500 (28,400) (117,500)
Issuance of Long-Term Debt 700,000 300,000 250,000
Retirements of Long-Term Debt (400,000) (200,000) (54,700)
Capital Contributions from Eversource Parent 2,300 103,000 0
Other Financing Activities (1,796) (866) (2,850)
Net Cash Flows Provided by/(Used in) Financing Activities 83,044 (144,526) (162,210)
Net Increase/(Decrease) in Cash and Cash Equivalents (1,731) (686) (8,593)
Cash and Cash Equivalents - Beginning of Year 3,494 4,180 12,773
Cash and Cash Equivalents - End of Year 1,763 3,494 4,180
Public Service Company Of New Hampshire      
Operating Activities:      
Net Income 135,996 131,985 114,442
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities      
Depreciation 128,192 116,519 105,372
Deferred Income Taxes 63,883 87,345 83,776
Pension, SERP and PBOP Expense 1,368 875 4,580
Pension and PBOP Contributions (800) (17,078) (982)
Regulatory (Under)/Over Recoveries, Net (30,788) (4,491) 41
Amortization of Regulatory Assets, Net (16,577) 11,170 16,276
Refunds/(Payments) Related to Spent Nuclear Fuel, Net 0 3,926 979
Other (10,088) 6,521 8,677
Changes in Current Assets and Liabilities:      
Receivables and Unbilled Revenues, Net (22,055) (18,822) (4,750)
Fuel, Materials, Supplies and Inventory 5,519 (5,485) (8,729)
Taxes Receivable/Accrued, Net 339 32,303 (23,909)
Accounts Payable 29,453 11,353 (22,203)
Other Current Assets and Liabilities, Net 16,458 5,651 953
Net Cash Flows Provided by Operating Activities 300,900 361,772 274,523
Investing Activities:      
Investments in Property, Plant and Equipment (312,720) (305,430) (308,036)
Other Investing Activities 199 326 306
Net Cash Flows Used in Investing Activities (312,521) (305,104) (307,730)
Financing Activities:      
Cash Dividends on Common Shares (23,900) (77,600) (106,000)
(Decrease)/Increase in Notes Payable to Eversource Parent 102,000 (70,400) 140,800
Retirements of Long-Term Debt (70,000) 0 0
Capital Contributions from Eversource Parent 0 94,500 0
Other Financing Activities (225) (255) (349)
Net Cash Flows Provided by/(Used in) Financing Activities 7,875 (53,755) 34,451
Net Increase/(Decrease) in Cash and Cash Equivalents (3,746) 2,913 1,244
Cash and Cash Equivalents - Beginning of Year 4,646 1,733 489
Cash and Cash Equivalents - End of Year $ 900 $ 4,646 $ 1,733