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NSTAR ELECTRIC COMPANY AND SUBSIDIARY CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash $ 259,213 $ 53,873
Receivables, Net (net of allowance for uncollectible accounts) 1,593,487 1,431,531
Unbilled Revenues 195,594 225,325
Materials, Supplies and REC Inventory 555,211 507,307
Regulatory Assets 1,889,499 1,674,196
Prepayments and Other Current Assets 387,854 355,762
Total Current Assets 4,880,858 4,247,994
Property, Plant and Equipment, Net 40,289,378 39,498,607
Deferred Debits and Other Assets:    
Regulatory Assets 4,839,271 4,714,970
Prepaid Pension and PBOP 1,085,121 1,028,207
Other Long-Term Assets 619,472 592,080
Total Deferred Debits and Other Assets 12,151,989 11,865,644
Total Assets 57,322,225 55,612,245
Current Liabilities:    
Notes Payable 2,102,871 1,930,422
Accounts Payable 1,663,661 1,869,187
Regulatory Liabilities 641,472 591,750
Other Current Liabilities 1,050,998 1,081,981
Total Current Liabilities 6,367,586 6,341,397
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 5,314,688 5,303,730
Regulatory Liabilities 4,051,377 4,022,923
Other Long-Term Liabilities 983,853 1,029,238
Total Deferred Credits and Other Liabilities 10,979,993 10,985,489
Long-Term Debt 24,929,813 23,588,616
Preferred Stock Not Subject to Mandatory Redemption 155,568 155,569
Common Shareholders' Equity:    
Capital Surplus, Paid In 8,537,591 8,460,876
Retained Earnings 4,413,593 4,142,515
Accumulated Other Comprehensive Income (28,534) (33,737)
Common Shareholders' Equity 14,543,588 14,173,892
Commitments and Contingencies
Total Liabilities and Capitalization 57,322,225 55,612,245
NSTAR Electric Company    
Current Assets:    
Cash 20,226 6,740
Unbilled Revenues 47,999 49,897
Materials, Supplies and REC Inventory 210,993 173,770
Regulatory Assets 718,726 676,083
Prepayments and Other Current Assets 65,926 41,464
Total Current Assets 1,684,094 1,510,295
Property, Plant and Equipment, Net 13,040,321 12,753,787
Deferred Debits and Other Assets:    
Regulatory Assets 1,322,249 1,281,836
Prepaid Pension and PBOP 629,131 608,617
Other Long-Term Assets 125,196 116,978
Total Deferred Debits and Other Assets 2,076,576 2,007,431
Total Assets 16,800,991 16,271,513
Current Liabilities:    
Notes Payable 419,000 365,847
Obligations to Third Party Suppliers 162,414 139,823
Renewable Portfolio Standards Compliance Obligations 142,193 116,010
Regulatory Liabilities 405,190 368,070
Other Current Liabilities 86,460 84,688
Total Current Liabilities 1,917,118 1,818,756
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 1,892,041 1,849,613
Regulatory Liabilities 1,603,079 1,585,311
Other Long-Term Liabilities 334,530 327,388
Total Deferred Credits and Other Liabilities 3,829,650 3,762,312
Long-Term Debt 4,497,954 4,496,947
Preferred Stock Not Subject to Mandatory Redemption 43,000 43,000
Common Shareholders' Equity:    
Common Stock 0 0
Capital Surplus, Paid In 3,313,842 3,013,842
Retained Earnings 3,199,399 3,136,612
Accumulated Other Comprehensive Income 28 44
Common Shareholders' Equity 6,513,269 6,150,498
Commitments and Contingencies
Total Liabilities and Capitalization 16,800,991 16,271,513
NSTAR Electric Company | Nonrelated Party    
Current Assets:    
Receivables, Net (net of allowance for uncollectible accounts) 545,961 487,707
Current Liabilities:    
Accounts Payable 486,110 599,696
NSTAR Electric Company | Related Party    
Current Assets:    
Receivables, Net (net of allowance for uncollectible accounts) 74,263 74,634
Current Liabilities:    
Accounts Payable $ 215,751 $ 144,622