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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Operating Revenues $ 2,271,425 $ 1,988,512 $ 6,413,243 $ 5,856,458
Operating Expenses:        
Purchased Power, Fuel and Transmission 842,291 651,776 2,442,953 1,955,129
Operations and Maintenance 344,475 307,773 970,881 956,274
Depreciation 208,671 194,466 612,077 571,152
Amortization of Regulatory Assets/(Liabilities), Net 92,711 41,848 174,108 58,058
Energy Efficiency Programs 129,965 129,205 366,162 391,761
Taxes Other Than Income Taxes 187,291 168,193 547,155 479,648
Total Operating Expenses 1,805,404 1,493,261 5,113,336 4,412,022
Operating Income/(Loss) 466,021 495,251 1,299,907 1,444,436
Interest Expense 125,201 108,719 372,734 319,477
Other Income, Net 16,718 28,536 100,656 79,178
Income Before Income Tax Expense 357,538 415,068 1,027,829 1,204,137
Income Tax Expense 66,278 152,818 220,497 447,921
Net Income 291,260 262,250 807,332 756,216
Net Income Attributable to Noncontrolling Interests 1,880 1,880 5,639 5,639
Net Income Attributable to Common Shareholders $ 289,380 $ 260,370 $ 801,693 $ 750,577
Basic Earnings Per Common Share (in dollars per share) $ 0.91 $ 0.82 $ 2.53 $ 2.36
Diluted Earnings Per Common Share 0.91 0.82 2.52 2.36
Dividends Declared Per Common Share (in dollars per share) $ 0.51 $ 0.48 $ 1.52 $ 1.43
Weighted Average Common Shares Outstanding:        
Basic (in shares) 317,360,110 317,393,029 317,367,252 317,415,848
Diluted (in shares) 317,967,311 317,949,396 317,948,498 318,007,042
The Connecticut Light and Power Company        
Operating Revenues $ 865,028 $ 774,762 $ 2,344,903 $ 2,173,629
Operating Expenses:        
Purchased Power, Fuel and Transmission 314,571 259,005 850,794 711,154
Operations and Maintenance 128,523 123,511 355,500 361,166
Depreciation 72,017 63,727 208,899 184,275
Amortization of Regulatory Assets, Net 54,031 34,574 97,437 58,799
Energy Efficiency Programs 30,240 37,739 71,606 106,483
Taxes Other Than Income Taxes 92,987 79,067 267,662 223,482
Total Operating Expenses 692,369 597,623 1,851,898 1,645,359
Operating Income/(Loss) 172,659 177,139 493,005 528,270
Interest Expense 37,609 36,313 113,107 106,577
Other Income, Net 7,098 7,913 20,722 15,402
Income Before Income Tax Expense 142,148 148,739 400,620 437,095
Income Tax Expense 41,818 52,595 102,010 159,450
Net Income 100,330 96,144 298,610 277,645
NSTAR Electric Company        
Operating Revenues 939,460 851,922 2,400,324 2,290,432
Operating Expenses:        
Purchased Power, Fuel and Transmission 383,208 294,115 981,895 799,007
Operations and Maintenance 123,634 118,777 344,478 346,469
Depreciation 70,616 68,746 205,210 204,442
Amortization of Regulatory Assets, Net 17,149 10,131 35,467 17,243
Energy Efficiency Programs 89,430 82,611 229,408 228,543
Taxes Other Than Income Taxes 49,927 47,830 145,740 130,492
Total Operating Expenses 733,964 622,210 1,942,198 1,726,196
Operating Income/(Loss) 205,496 229,712 458,126 564,236
Interest Expense 26,958 30,810 80,780 88,715
Other Income, Net 13,697 9,165 40,567 24,610
Income Before Income Tax Expense 192,235 208,067 417,913 500,131
Income Tax Expense 51,640 82,301 112,247 196,001
Net Income 140,595 125,766 305,666 304,130
Public Service Company of New Hampshire        
Operating Revenues 290,203 250,032 792,700 733,572
Operating Expenses:        
Purchased Power, Fuel and Transmission 100,763 57,099 293,975 179,289
Operations and Maintenance 55,429 65,104 153,296 195,637
Depreciation 23,223 32,084 69,524 95,266
Amortization of Regulatory Assets/(Liabilities), Net 27,357 2,835 41,318 (10,658)
Energy Efficiency Programs 5,863 4,007 15,694 11,040
Taxes Other Than Income Taxes 21,095 22,936 59,775 66,935
Total Operating Expenses 233,730 184,065 633,582 537,509
Operating Income/(Loss) 56,473 65,967 159,118 196,063
Interest Expense 16,593 12,896 43,977 38,676
Other Income, Net 16,095 2,664 24,253 7,367
Income Before Income Tax Expense 55,975 55,735 139,394 164,754
Income Tax Expense 15,309 22,012 37,857 65,128
Net Income $ 40,666 $ 33,723 $ 101,537 $ 99,626