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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities:    
Net Income $ 271,426 $ 261,338
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 204,266 186,805
Deferred Income Taxes 88,481 141,398
Pension, SERP and PBOP (Income)/Expense, Net (1,965) 5,828
Pension and PBOP Contributions (171,244) (45,700)
Regulatory Overrecoveries, Net 70,457 56,734
Amortization of Regulatory Assets, Net 45,194 24,017
Other (54,969) (36,176)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (156,888) (50,251)
Fuel, Materials, Supplies and Inventory (26,956) (33,058)
Taxes Receivable/Accrued, Net (5,061) 32,313
Accounts Payable (61,571) (57,701)
Other Current Assets and Liabilities, Net (23,456) (40,198)
Net Cash Flows Provided by Operating Activities 177,714 445,349
Investing Activities:    
Investments in Property, Plant and Equipment (607,334) (523,560)
Proceeds from Sales of Marketable Securities 145,438 154,772
Purchases of Marketable Securities (143,264) (149,688)
Proceeds from the Sale of Property, Plant and Equipment 130,641 0
Other Investing Activities (5,200) (16,105)
Net Cash Flows Used in Investing Activities (479,719) (534,581)
Financing Activities:    
Cash Dividends on Common Shares (160,027) (150,521)
Cash Dividends on Preferred Stock (1,880) (1,880)
Decrease in Notes Payable (240,005) (173,000)
Issuance of Long-Term Debt 1,150,000 600,000
Retirements of Long-Term Debt (150,218) (150,000)
Other Financing Activities (19,140) (15,832)
Net Cash Flows Provided by Financing Activities 578,730 108,767
Net Increase in Cash, Cash Equivalents and Restricted Cash 276,725 19,535
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 85,890 106,750
Cash, Cash Equivalents and Restricted Cash - End of Period 362,615 126,285
The Connecticut Light And Power Company    
Operating Activities:    
Net Income 98,568 90,208
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 67,498 59,751
Deferred Income Taxes 29,109 47,864
Pension, SERP and PBOP (Income)/Expense, Net (82,276) (625)
Regulatory Overrecoveries, Net (8,878) (18,734)
Amortization of Regulatory Assets, Net 28,006 12,803
Other (11,870) (1,710)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (46,330) (1,280)
Taxes Receivable/Accrued, Net 42,460 32,920
Accounts Payable (28,408) (16,957)
Other Current Assets and Liabilities, Net (23,160) (30,823)
Net Cash Flows Provided by Operating Activities 64,719 173,417
Investing Activities:    
Investments in Property, Plant and Equipment (202,126) (181,601)
Other Investing Activities 56 32
Net Cash Flows Used in Investing Activities (202,070) (181,569)
Financing Activities:    
Cash Dividends on Common Shares (60,000) (49,600)
Capital Contributions from Eversource Parent 9,000 0
Cash Dividends on Preferred Stock (1,390) (1,390)
Increase/(Decrease) in Notes Payable to Eversource Parent (69,500) (76,700)
Issuance of Long-Term Debt 500,000 300,000
Retirements of Long-Term Debt 0 (150,000)
Other Financing Activities (6,539) (3,631)
Net Cash Flows Provided by Financing Activities 371,571 18,679
Net Increase in Cash, Cash Equivalents and Restricted Cash 234,220 10,527
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 9,619 8,403
Cash, Cash Equivalents and Restricted Cash - End of Period 243,839 18,930
NSTAR Electric Company    
Operating Activities:    
Net Income 77,149 83,381
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 70,542 67,218
Deferred Income Taxes 22,542 45,375
Pension, SERP and PBOP Benefits, Net (9,295) (10,548)
Regulatory Overrecoveries, Net 17,618 3,921
Amortization of Regulatory Assets, Net 6,364 4,489
Other (2,204) (3,877)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (52,949) (9,275)
Fuel, Materials, Supplies and Inventory (37,427) (33,342)
Taxes Receivable/Accrued, Net (22,698) 37,566
Accounts Payable 43,170 (29,015)
Other Current Assets and Liabilities, Net 23,703 1,251
Net Cash Flows Provided by Operating Activities 136,515 157,144
Investing Activities:    
Investments in Property, Plant and Equipment (192,036) (164,849)
Other Investing Activities (654) (3,608)
Net Cash Flows Used in Investing Activities (192,690) (168,457)
Financing Activities:    
Cash Dividends on Common Shares (161,000) (56,000)
Capital Contributions from Eversource Parent 92,500 0
Cash Dividends on Preferred Stock (490) (490)
Decrease in Notes Payable 133,000 68,400
Other Financing Activities (78) (38)
Net Cash Flows Provided by Financing Activities 63,932 11,872
Net Increase in Cash, Cash Equivalents and Restricted Cash 7,757 559
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 14,708 15,506
Cash, Cash Equivalents and Restricted Cash - End of Period 22,465 16,065
Public Service Company Of New Hampshire    
Operating Activities:    
Net Income 35,093 34,312
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 23,493 30,735
Deferred Income Taxes 43,021 11,290
Regulatory Overrecoveries, Net 129 3,507
Amortization of Regulatory Assets, Net 5,035 5,445
Other (15,212) (4,405)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (80) 1,149
Fuel, Materials, Supplies and Inventory 4,854 (3,371)
Taxes Receivable/Accrued, Net (5,867) 1,778
Accounts Payable (18,760) 5,475
Other Current Assets and Liabilities, Net 24,543 27,332
Net Cash Flows Provided by Operating Activities 96,249 113,247
Investing Activities:    
Investments in Property, Plant and Equipment (72,287) (75,327)
Proceeds from the Sale of Property, Plant and Equipment 130,641 0
Other Investing Activities 97 (145)
Net Cash Flows Used in Investing Activities 58,451 (75,472)
Financing Activities:    
Cash Dividends on Common Shares (150,000) (18,500)
Increase/(Decrease) in Notes Payable to Eversource Parent 8,400 (16,000)
Other Financing Activities (38) (112)
Net Cash Flows Provided by Financing Activities (141,638) (34,612)
Net Increase in Cash, Cash Equivalents and Restricted Cash 13,062 3,163
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 2,191 5,953
Cash, Cash Equivalents and Restricted Cash - End of Period $ 15,253 $ 9,116