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NSTAR ELECTRIC COMPANY AND SUBSIDIARY CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash $ 42,182 $ 47,597
Cash Equivalents 0 327,006
Receivables, Net (net of allowance for uncollectible accounts) 1,332,314 1,517,138
Unbilled Revenues 181,100 238,968
Materials, Supplies and REC Inventory 405,800 374,395
Regulatory Assets 1,382,150 1,335,491
Prepayments and Other Current Assets 378,007 382,603
Total Current Assets 3,721,553 4,223,198
Property, Plant and Equipment, Net 37,578,203 36,112,820
Deferred Debits and Other Assets:    
Regulatory Assets 4,390,816 4,242,794
Prepaid Pension and PBOP 1,183,689 1,045,524
Other Long-Term Assets 588,174 541,344
Total Deferred Debits and Other Assets 13,239,989 12,894,882
Total Assets 54,539,745 53,230,900
Current Liabilities:    
Notes Payable 555,535 1,442,200
Long-Term Debt – Current Portion 2,062,464 1,320,129
Accounts Payable 1,549,972 2,113,905
Regulatory Liabilities 653,808 890,786
Other Current Liabilities 929,587 989,053
Total Current Liabilities 5,794,576 6,799,283
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 5,275,036 5,067,902
Regulatory Liabilities 3,967,426 3,930,305
Other Long-Term Liabilities 907,226 888,081
Total Deferred Credits and Other Liabilities 10,874,634 10,668,403
Long-Term Debt 21,771,980 19,723,994
Preferred Stock Not Subject to Mandatory Redemption 155,570 155,570
Common Shareholders' Equity:    
Capital Surplus, Paid In 8,428,786 8,401,731
Retained Earnings 5,562,889 5,527,153
Accumulated Other Comprehensive Income (32,103) (39,421)
Common Shareholders' Equity 15,554,098 15,473,158
Commitments and Contingencies
Total Liabilities and Capitalization 54,539,745 53,230,900
NSTAR Electric Company    
Current Assets:    
Cash 6,518 738
Cash Equivalents 0 327,006
Unbilled Revenues 47,173 39,680
Materials, Supplies and REC Inventory 120,750 138,352
Regulatory Assets 569,697 492,759
Prepayments and Other Current Assets 28,712 71,276
Total Current Assets 1,284,860 1,558,378
Property, Plant and Equipment, Net 12,109,368 11,626,968
Deferred Debits and Other Assets:    
Regulatory Assets 1,230,486 1,221,619
Prepaid Pension and PBOP 626,904 576,809
Other Long-Term Assets 119,070 111,846
Total Deferred Debits and Other Assets 1,976,460 1,910,274
Total Assets 15,370,688 15,095,620
Current Liabilities:    
Notes Payable 324,000 0
Long-Term Debt – Current Portion 80,000 80,000
Obligations to Third Party Suppliers 132,083 142,628
Renewable Portfolio Standards Compliance Obligations 67,391 120,239
Regulatory Liabilities 321,153 373,221
Other Current Liabilities 59,199 83,925
Total Current Liabilities 1,570,823 1,468,596
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 1,794,718 1,700,875
Regulatory Liabilities 1,562,581 1,548,081
Other Long-Term Liabilities 299,561 289,313
Total Deferred Credits and Other Liabilities 3,656,860 3,538,269
Long-Term Debt 4,346,902 4,345,085
Preferred Stock Not Subject to Mandatory Redemption 43,000 43,000
Common Shareholders' Equity:    
Common Shares 0 0
Capital Surplus, Paid In 2,891,242 2,778,942
Retained Earnings 2,861,620 2,921,444
Accumulated Other Comprehensive Income 241 284
Common Shareholders' Equity 5,753,103 5,700,670
Commitments and Contingencies
Total Liabilities and Capitalization 15,370,688 15,095,620
NSTAR Electric Company | Nonrelated Party    
Current Assets:    
Receivables, Net (net of allowance for uncollectible accounts) 450,176 453,371
Current Liabilities:    
Accounts Payable 471,416 559,676
NSTAR Electric Company | Related Party    
Current Assets:    
Receivables, Net (net of allowance for uncollectible accounts) 61,834 35,196
Current Liabilities:    
Accounts Payable $ 115,581 $ 108,907