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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating Revenues $ 1,853,856 $ 1,762,811 $ 4,141,818 $ 3,867,946
Operating Expenses:        
Purchased Power, Fuel and Transmission 653,915 549,704 1,600,662 1,303,353
Operations and Maintenance 293,858 310,193 626,406 648,500
Depreciation 199,140 189,881 403,406 376,686
Amortization of Regulatory Assets/(Liabilities), Net 36,203 (7,807) 81,397 16,210
Energy Efficiency Programs 101,955 116,398 236,196 262,556
Taxes Other Than Income Taxes 177,431 156,234 359,865 311,455
Total Operating Expenses 1,462,502 1,314,603 3,307,932 2,918,760
Operating Income 391,354 448,208 833,886 949,186
Interest Expense 126,404 107,329 247,533 210,758
Other Income, Net 50,149 29,022 83,938 50,641
Income Before Income Tax Expense 315,099 369,901 670,291 789,069
Income Tax Expense 70,452 137,272 154,219 295,103
Net Income 244,647 232,629 516,072 493,966
Net Income Attributable to Noncontrolling Interests 1,880 1,880 3,759 3,759
Net Income Attributable to Common Shareholders $ 242,767 $ 230,749 $ 512,313 $ 490,207
Basic and Diluted Earnings Per Common Share (in dollars per share) $ 0.76 $ 0.72 $ 1.61 $ 1.54
Dividends Declared Per Common Share (in dollars per share) $ 0.51 $ 0.48 $ 1.01 $ 0.95
Weighted Average Common Shares Outstanding:        
Basic (in shares) 317,344,596 317,391,365 317,370,825 317,427,258
Diluted (in shares) 317,885,187 317,947,194 317,939,094 318,035,864
The Connecticut Light and Power Company        
Operating Revenues $ 694,892 $ 666,558 $ 1,479,875 $ 1,398,867
Operating Expenses:        
Purchased Power, Fuel and Transmission 234,335 207,211 536,223 452,149
Operations and Maintenance 109,685 108,918 226,977 237,655
Depreciation 69,383 60,797 136,881 120,549
Amortization of Regulatory Assets, Net 15,400 11,422 43,405 24,225
Energy Efficiency Programs 18,606 32,153 41,366 68,744
Taxes Other Than Income Taxes 84,375 70,437 174,676 144,414
Total Operating Expenses 531,784 490,938 1,159,528 1,047,736
Operating Income 163,108 175,620 320,347 351,131
Interest Expense 38,674 35,299 75,498 70,264
Other Income, Net 7,063 4,221 13,623 7,489
Income Before Income Tax Expense 131,497 144,542 258,472 288,356
Income Tax Expense 31,785 53,249 60,192 106,855
Net Income 99,712 91,293 198,280 181,501
NSTAR Electric Company        
Operating Revenues 690,737 704,702 1,460,865 1,438,510
Operating Expenses:        
Purchased Power, Fuel and Transmission 266,108 231,039 598,687 504,891
Operations and Maintenance 102,163 111,820 220,844 227,692
Depreciation 64,051 68,477 134,593 135,695
Amortization of Regulatory Assets, Net 11,954 2,623 18,318 7,112
Energy Efficiency Programs 65,184 67,955 139,978 145,932
Taxes Other Than Income Taxes 47,627 44,844 95,815 82,664
Total Operating Expenses 557,087 526,758 1,208,235 1,103,986
Operating Income 133,650 177,944 252,630 334,524
Interest Expense 27,359 29,626 53,822 57,905
Other Income, Net 14,269 7,096 26,870 15,445
Income Before Income Tax Expense 120,560 155,414 225,678 292,064
Income Tax Expense 32,639 60,431 60,607 113,700
Net Income 87,921 94,983 165,071 178,364
Public Service Company of New Hampshire        
Operating Revenues 235,146 230,383 502,497 483,541
Operating Expenses:        
Purchased Power, Fuel and Transmission 83,494 60,442 193,212 122,189
Operations and Maintenance 46,487 66,569 97,867 130,533
Depreciation 22,808 32,447 46,301 63,182
Amortization of Regulatory Assets/(Liabilities), Net 8,926 (18,937) 13,961 (13,492)
Energy Efficiency Programs 4,674 3,287 9,831 7,032
Taxes Other Than Income Taxes 21,879 23,118 38,680 44,001
Total Operating Expenses 188,268 166,926 399,852 353,445
Operating Income 46,878 63,457 102,645 130,096
Interest Expense 14,612 12,970 27,386 25,780
Other Income, Net 3,409 1,891 8,159 4,703
Income Before Income Tax Expense 35,675 52,378 83,418 109,019
Income Tax Expense 9,896 20,787 22,547 43,116
Net Income $ 25,779 $ 31,591 $ 60,871 $ 65,903