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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating Activities:    
Net Income $ 194,303 $ 160,948
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Bad Debt Expense 9,374 17,176
Depreciation 147,588 157,731
Deferred Income Taxes 95,293 37,850
Pension and PBOP Expense, Net of PBOP Contributions 51,324 25,529
Pension Contribution (19,200) 0
Regulatory (Underrecoveries)/Overrecoveries, Net 40,434 21,569
Amortization of Regulatory Assets/(Liabilities), Net 51,669 566
Amortization of Rate Reduction Bonds 34,367 114,567
Changes in Derivative Assets and Liabilities (9,272) (5,640)
Other Adjustments (7,192) (29,707)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net 80,696 34,703
Inventory 12,992 52,024
Taxes Receivable/(Accrued) 48,933 (3,856)
Change in Accounts Payable (23,981) (53,480)
Other Current Assets and Liabilities (20,633) 3,799
Net Cash Flows Provided by Operating Activities 686,695 533,779
Investing Activities:    
Investments in Property, Plant and Equipment (468,526) (442,404)
Proceeds from Sales of Marketable Securities 72,369 95,452
Purchases of Marketable Securities (73,564) (96,546)
Proceeds From Sale Of Property Plant And Equipment 46,841 0
Other Investing Activities (4,828) (4,369)
Net Cash Flows Used in Investing Activities (427,708) (447,867)
Financing Activities:    
Cash Dividends on Common Stock (97,207) (90,194)
Cash Dividends on Preferred Stock (2,779) (2,779)
Increase/(Decrease) in Short-Term Debt (130,000) 57,000
Issuance of Long-Term Debt 122,000 145,000
Retirements of Long-Term Debt (124,086) (4,286)
Retirements of Rate Reduction Bonds (34,320) (128,600)
Other Financing Activities (883) (230)
Net Cash Flows Provided by/(Used in) Financing Activities (267,275) (24,089)
Net Increase/(Decrease) in Cash (8,288) 61,823
Cash - Beginning of Year 23,395 26,952
Cash - End of Year 15,107 88,775
The Connecticut Light and Power Company [Member]
   
Operating Activities:    
Net Income 116,972 92,498
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Bad Debt Expense 2,252 5,494
Depreciation 77,917 95,469
Deferred Income Taxes 60,425 11,624
Pension and PBOP Expense, Net of PBOP Contributions 9,868 3,602
Regulatory (Underrecoveries)/Overrecoveries, Net 24,142 30,459
Amortization of Regulatory Assets/(Liabilities), Net 33,049 22,311
Amortization of Rate Reduction Bonds 0 82,207
Other Adjustments (17,752) (29,444)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net 34,192 15,679
Inventory (11,761) 4,767
Taxes Receivable/(Accrued) 31,797 12,694
Change in Accounts Payable (12,078) (38,735)
Other Current Assets and Liabilities 9,968 22,341
Net Cash Flows Provided by Operating Activities 358,991 330,966
Investing Activities:    
Investments in Property, Plant and Equipment (201,966) (191,667)
Decrease/(Increase) in NU Money Pool Lending (24,125) 97,775
Proceeds From Sale Of Property Plant And Equipment 46,841 0
Other Investing Activities (6,489) 1,463
Net Cash Flows Used in Investing Activities (185,739) (92,429)
Financing Activities:    
Cash Dividends on Common Stock (168,744) (145,992)
Cash Dividends on Preferred Stock (2,779) (2,779)
Increase/(Decrease) in NU Money Pool Borrowings (6,225) 15,625
Retirements of Rate Reduction Bonds 0 (96,267)
Other Financing Activities (188) (170)
Net Cash Flows Provided by/(Used in) Financing Activities (177,936) (229,583)
Net Increase/(Decrease) in Cash (4,684) 8,954
Cash - Beginning of Year 9,762 45
Cash - End of Year 5,078 8,999
Public Service Company of New Hampshire [Member]
   
Operating Activities:    
Net Income 49,129 37,426
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Bad Debt Expense 3,303 4,282
Depreciation 36,030 31,988
Deferred Income Taxes 20,773 15,486
Pension and PBOP Expense, Net of PBOP Contributions 11,112 9,606
Pension Contribution (15,175) 0
Regulatory (Underrecoveries)/Overrecoveries, Net 726 (5,459)
Amortization of Regulatory Assets/(Liabilities), Net 18,032 (17,322)
Amortization of Rate Reduction Bonds 26,139 24,637
Insurance Proceeds 0 10,000
Other Adjustments (2,545) (21,057)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net 12,844 3,338
Inventory 11,915 30,714
Taxes Receivable/(Accrued) 9,767 2,057
Change in Accounts Payable (8,611) (12,305)
Other Current Assets and Liabilities (16,885) (4,558)
Net Cash Flows Provided by Operating Activities 156,554 108,833
Investing Activities:    
Investments in Property, Plant and Equipment (111,459) (141,709)
Other Investing Activities 1,928 (4,367)
Net Cash Flows Used in Investing Activities (109,531) (146,076)
Financing Activities:    
Cash Dividends on Common Stock (29,414) (25,292)
Increase/(Decrease) in Short-Term Debt (8,000) 0
Issuance of Long-Term Debt 122,000 0
Increase/(Decrease) in NU Money Pool Borrowings (4,100) (18,900)
Retirements of Long-Term Debt (119,800) 0
Retirements of Rate Reduction Bonds (26,052) (24,568)
Capital Contributions from NU Parent 20,000 115,428
Other Financing Activities (1,803) (114)
Net Cash Flows Provided by/(Used in) Financing Activities (47,169) 46,554
Net Increase/(Decrease) in Cash (146) 9,311
Cash - Beginning of Year 2,559 1,974
Cash - End of Year 2,413 11,285
Western Massachusetts Electric Company [Member]
   
Operating Activities:    
Net Income 18,137 10,908
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Bad Debt Expense 1,860 3,304
Depreciation 12,963 11,821
Deferred Income Taxes 7,004 5,061
Regulatory (Underrecoveries)/Overrecoveries, Net 8,754 (8,181)
Amortization of Regulatory Assets/(Liabilities), Net 1,196 (2,290)
Amortization of Rate Reduction Bonds 8,228 7,722
Other Adjustments (2,034) (3,136)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net 405 (1,762)
Inventory (398) (767)
Taxes Receivable/(Accrued) 9,523 (80)
Change in Accounts Payable 1,021 605
Other Current Assets and Liabilities (281) 393
Net Cash Flows Provided by Operating Activities 66,378 23,598
Investing Activities:    
Investments in Property, Plant and Equipment (76,898) (46,354)
Proceeds from Sales of Marketable Securities 57,746 69,196
Purchases of Marketable Securities (57,888) (69,350)
Decrease/(Increase) in NU Money Pool Lending 0 (22,000)
Other Investing Activities (792) (170)
Net Cash Flows Used in Investing Activities (77,832) (68,678)
Financing Activities:    
Cash Dividends on Common Stock (13,153) (7,441)
Increase/(Decrease) in Short-Term Debt 20,000 0
Issuance of Long-Term Debt 0 95,000
Increase/(Decrease) in NU Money Pool Borrowings 7,700 (136,100)
Retirements of Rate Reduction Bonds (8,268) (7,765)
Capital Contributions from NU Parent 5,186 102,600
Other Financing Activities (11) (1,214)
Net Cash Flows Provided by/(Used in) Financing Activities 11,454 45,080
Net Increase/(Decrease) in Cash 0 0
Cash - Beginning of Year 1 1
Cash - End of Year $ 1 $ 1