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INCOME TAXES - Reconciliation Between Income Tax Expense and Expected Tax Expense (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Tax Contingency [Line Items]      
(Loss)/Income Before Income Tax Benefit $ (275,037) $ 1,865,968 $ 1,572,269
Statutory Federal Income Tax Expense at 21% (57,700) 391,900 330,200
Tax Effect of Differences:      
Depreciation (25,800) (17,100) (18,100)
Investment Tax Credit Amortization (2,100) (2,600) (2,800)
State Income Taxes, Net of Federal Impact (11,400) 75,900 54,400
Dividends on ESOP (5,300) (5,100) (5,100)
Tax Asset Valuation   Allowance/Reserve Adjustments 295,800 51,600 44,600
Tax Deficiency/(Excess Stock Benefit) 500 (2,100) (4,000)
EDIT Amortization (51,500) (49,100) (69,100)
Other, Net 17,200 10,200 14,100
Income Tax Expense $ 159,684 $ 453,574 $ 344,223
Effective Tax Rate (58.10%) 24.30% 21.90%
CL&P      
Income Tax Contingency [Line Items]      
(Loss)/Income Before Income Tax Benefit $ 689,642 $ 704,118 $ 532,998
Statutory Federal Income Tax Expense at 21% 144,900 147,900 111,900
Tax Effect of Differences:      
Depreciation (5,600) (3,700) (6,400)
Investment Tax Credit Amortization 0 (500) (600)
State Income Taxes, Net of Federal Impact (10,700) (6,600) (4,600)
Tax Asset Valuation   Allowance/Reserve Adjustments 51,300 44,700 36,700
Tax Deficiency/(Excess Stock Benefit) 200 (700) (1,500)
EDIT Amortization (10,500) (9,200) (9,800)
Other, Net 1,300 (700) 5,600
Income Tax Expense $ 170,909 $ 171,198 $ 131,273
Effective Tax Rate 24.80% 24.30% 24.60%
NSTAR Electric      
Income Tax Contingency [Line Items]      
(Loss)/Income Before Income Tax Benefit $ 697,524 $ 632,405 $ 590,904
Statutory Federal Income Tax Expense at 21% 146,500 132,800 124,100
Tax Effect of Differences:      
Depreciation (8,800) (4,200) (3,400)
Investment Tax Credit Amortization (1,700) (1,700) (1,700)
State Income Taxes, Net of Federal Impact 42,500 40,300 37,500
Tax Asset Valuation   Allowance/Reserve Adjustments 0 0 0
Tax Deficiency/(Excess Stock Benefit) 200 (800) (1,400)
EDIT Amortization (28,400) (29,200) (43,200)
Other, Net 2,700 2,800 2,400
Income Tax Expense $ 152,996 $ 139,977 $ 114,335
Effective Tax Rate 21.90% 22.10% 19.30%
PSNH      
Income Tax Contingency [Line Items]      
(Loss)/Income Before Income Tax Benefit $ 254,673 $ 222,884 $ 189,771
Statutory Federal Income Tax Expense at 21% 53,500 46,800 39,900
Tax Effect of Differences:      
Depreciation (1,000) 900 (200)
Investment Tax Credit Amortization 0 0 0
State Income Taxes, Net of Federal Impact 14,100 12,500 8,900
Tax Asset Valuation   Allowance/Reserve Adjustments 0 0 0
Tax Deficiency/(Excess Stock Benefit) 100 (300) (500)
EDIT Amortization (6,800) (7,700) (10,500)
Other, Net (900) (900) 1,800
Income Tax Expense $ 59,014 $ 51,314 $ 39,433
Effective Tax Rate 23.20% 23.00% 20.80%