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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating Activities:    
Net Income $ 807,332 $ 756,216
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 612,077 571,152
Deferred Income Taxes 70,402 374,863
Uncollectible Expense 50,720 30,111
Pension, SERP and PBOP Expense, Net 5,192 16,891
Pension and PBOP Contributions (188,874) (197,900)
Regulatory Overrecoveries, Net 189,932 185,952
Amortization of Regulatory Assets/(Liabilities), Net 174,108 58,058
Other (129,039) (197,876)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (212,326) (107,473)
Fuel, Materials, Supplies and Inventory 44,702 23,686
Taxes Receivable/Accrued, Net 70,885 88,856
Accounts Payable (72,591) (96,551)
Other Current Assets and Liabilities, Net (14,858) (30,138)
Net Cash Flows Provided by Operating Activities 1,407,662 1,475,847
Investing Activities:    
Investments in Property, Plant and Equipment (1,885,081) (1,642,280)
Proceeds from Sales of Marketable Securities 405,276 520,664
Purchases of Marketable Securities (396,277) (506,302)
Proceeds from the Sale of Generation Assets 193,924 0
Other Investing Activities (23,405) (24,173)
Net Cash Flows Used in Investing Activities (1,705,563) (1,652,091)
Financing Activities:    
Cash Dividends on Common Stock (480,082) (451,562)
Cash Dividends on Preferred Stock (5,639) (5,639)
Increase/(Decrease) in Notes Payable (222,110) (231,500)
Issuance of Rate Reduction Bonds 635,663 0
Issuance of Long-Term Debt 1,300,000 1,250,000
Retirement of Long-Term Debt (860,855) (320,000)
Other Financing Activities (20,361) 171
Net Cash Flows (Used in)/Provided by Financing Activities 346,616 241,470
Net Increase in Cash, Cash Equivalents and Restricted Cash 48,715 65,226
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 85,890 106,750
Cash, Cash Equivalents and Restricted Cash - End of Period 134,605 171,976
The Connecticut Light and Power Company    
Operating Activities:    
Net Income 298,610 277,645
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 208,899 184,275
Deferred Income Taxes 28,637 90,132
Uncollectible Expense 12,135 1,755
Pension, SERP and PBOP Expense, Net 6,594 6,421
Pension Contributions (41,150) (1,875)
Regulatory Overrecoveries, Net (1,136) 71,413
Amortization of Regulatory Assets, Net 97,437 58,799
Other (55,827) (23,911)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (126,513) (70,936)
Taxes Receivable/Accrued, Net 72,702 69,335
Accounts Payable (15,303) (1,649)
Other Current Assets and Liabilities, Net (33,965) (36,340)
Net Cash Flows Provided by Operating Activities 451,120 625,064
Investing Activities:    
Investments in Property, Plant and Equipment (660,673) (621,882)
Other Investing Activities 167 185
Net Cash Flows Used in Investing Activities (660,506) (621,697)
Financing Activities:    
Cash Dividends on Common Stock (60,000) (205,200)
Cash Dividends on Preferred Stock (4,169) (4,169)
Capital Contributions from Eversource Parent 100,000 0
(Decrease)/Increase in Notes Payable to Eversource Parent (23,600) (80,100)
Premium on Issuance of Long-Term Debt 0 21,937
Issuance of Long-Term Debt 500,000 525,000
Retirement of Long-Term Debt (300,000) (250,000)
Other Financing Activities (7,584) (6,322)
Net Cash Flows (Used in)/Provided by Financing Activities 204,647 1,146
Net Increase in Cash, Cash Equivalents and Restricted Cash (4,739) 4,513
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 9,619 8,403
Cash, Cash Equivalents and Restricted Cash - End of Period 4,880 12,916
NSTAR Electric Company    
Operating Activities:    
Net Income 305,666 304,130
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 205,210 204,442
Deferred Income Taxes 16,203 100,335
Uncollectible Expense 20,433 14,937
Pension, SERP and PBOP Income, Net (15,855) (7,586)
Pension and PBOP Contributions (60,454) (83,040)
Regulatory Overrecoveries, Net 180,797 71,647
Amortization of Regulatory Assets, Net 35,467 17,243
Other (49,178) (47,972)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (155,669) (113,960)
Fuel, Materials, Supplies and Inventory 29,156 11,483
Taxes Receivable/Accrued, Net 42,148 71,705
Accounts Payable (13,178) (42,519)
Other Current Assets and Liabilities, Net 33,543 4,982
Net Cash Flows Provided by Operating Activities 574,289 505,827
Investing Activities:    
Investments in Property, Plant and Equipment (538,973) (467,275)
Other Investing Activities 46 (3,565)
Net Cash Flows Used in Investing Activities (538,927) (470,840)
Financing Activities:    
Cash Dividends on Common Stock (161,000) (214,500)
Cash Dividends on Preferred Stock (1,470) (1,470)
Capital Contributions from Eversource Parent 105,500 2,300
Increase in Notes Payable to Eversource Parent 16,000 0
Increase/(Decrease) in Notes Payable 6,500 (80,600)
Issuance of Long-Term Debt 0 350,000
Other Financing Activities (239) (3,410)
Net Cash Flows (Used in)/Provided by Financing Activities (34,709) 52,320
Net Increase in Cash, Cash Equivalents and Restricted Cash 653 87,307
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 14,708 15,506
Cash, Cash Equivalents and Restricted Cash - End of Period 15,361 102,813
Public Service Company of New Hampshire    
Operating Activities:    
Net Income 101,537 99,626
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 69,524 95,266
Deferred Income Taxes 11,473 43,217
Uncollectible Expense 4,900 5,200
Regulatory Overrecoveries, Net (19,764) 8,910
Amortization of Regulatory Assets/(Liabilities), Net 41,318 (10,658)
Other (3,104) (7,866)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (32,819) (30,276)
Fuel, Materials, Supplies and Inventory 14,555 4,263
Taxes Receivable/Accrued, Net 10,929 10,749
Accounts Payable (3,828) 18,394
Other Current Assets and Liabilities, Net 27,844 32,300
Net Cash Flows Provided by Operating Activities 217,665 263,925
Investing Activities:    
Investments in Property, Plant and Equipment (236,206) (215,470)
Proceeds from the Sale of Generation Assets 193,924 0
Proceeds from the Sale of Property 4,782 0
Other Investing Activities 367 113
Net Cash Flows Used in Investing Activities (37,133) (215,357)
Financing Activities:    
Cash Dividends on Common Stock (150,000) (23,900)
Capital Contributions from Eversource Parent 225,000 0
Return of Capital (530,000) 0
(Decrease)/Increase in Notes Payable to Eversource Parent (216,300) 41,400
Issuance of Rate Reduction Bonds 635,663 0
Retirement of Long-Term Debt (110,000) (70,000)
Other Financing Activities 1,080 (187)
Net Cash Flows (Used in)/Provided by Financing Activities (144,557) (52,687)
Net Increase in Cash, Cash Equivalents and Restricted Cash 35,975 (4,119)
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 2,191 5,953
Cash, Cash Equivalents and Restricted Cash - End of Period $ 38,166 $ 1,834