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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating Activities:    
Net Income $ 146,974 $ 194,303
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Bad Debt Expense 13,384 9,374
Depreciation 225,324 147,588
Deferred Income Tax Expense (Benefit) 59,509 95,293
Pension, SERP, and PBOP Expense, Net of PBOP Contributions 97,378 69,654
Pension and PBOP Contributions (164,294) (37,530)
Regulatory (Underrecoveries)/Overrecoveries, Net (54,491) 41,612
Amortization of Regulatory Assets/(Liabilities), Net 31,016 50,491
Amortization of Rate Reduction Bonds 59,100 34,367
Changes in Derivative Assets and Liabilities (5,090) (9,272)
Other Noncash Income (Expense) 11,226 (7,192)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net 83,395 80,696
Inventory 40,695 12,992
Taxes Receivable/(Accrued) 17,709 48,933
Change in Accounts Payable (176,533) (23,981)
Other Current Assets and Liabilities (64,899) (20,633)
Net Cash Flows (Used in)/ Provided by Operating Activities 320,403 686,695
Investing Activities:    
Investments in Property, Plant and Equipment (690,376) (468,526)
Proceeds from Sales of Marketable Securities 132,580 72,369
Purchases of Marketable Securities (143,225) (73,564)
Proceeds From Sale Of Property Plant And Equipment 0 46,841
Other Investing Activities 11,274 (4,828)
Net Cash Flows Used in Investing Activities (689,747) (427,708)
Financing Activities:    
Cash Dividends on Common Stock (159,708) (97,207)
Cash Dividends on Preferred Stock (3,269) (2,779)
Increase/(Decrease) in Short-Term Debt 558,500 (130,000)
Issuance of Long-Term Debt 300,000 122,000
Retirements of Long-Term Debt (267,699) (124,086)
Retirements of Rate Reduction Bonds (36,439) (34,320)
Other Financing Activities (117) (883)
Net Cash Flows Provided by/(Used in) Financing Activities 391,268 (267,275)
Net Increase/(Decrease) in Cash 21,924 (8,288)
Cash - Beginning of Year 6,559 23,395
Cash - End of Year 28,483 15,107
The Connecticut Light And Power Company [Member]
   
Operating Activities:    
Net Income 60,918 116,972
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Bad Debt Expense 743 2,252
Depreciation 82,588 77,917
Deferred Income Tax Expense (Benefit) 30,874 60,425
Pension, SERP, and PBOP Expense, Net of PBOP Contributions 12,030 9,868
Regulatory (Underrecoveries)/Overrecoveries, Net (19,596) 24,852
Amortization of Regulatory Assets/(Liabilities), Net 11,257 32,339
Other Noncash Income (Expense) (12,821) (17,752)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net 38,253 34,192
Inventory (2,457) (11,761)
Taxes Receivable/(Accrued) 39,985 31,797
Change in Accounts Payable (170,151) (12,078)
Other Current Assets and Liabilities (24,122) 9,968
Net Cash Flows (Used in)/ Provided by Operating Activities 47,501 358,991
Investing Activities:    
Investments in Property, Plant and Equipment (220,712) (201,966)
Decrease/(Increase) in NU Money Pool Lending 0 (24,125)
Proceeds From Sale Of Property Plant And Equipment 0 46,841
Other Investing Activities 3,460 (6,489)
Net Cash Flows Used in Investing Activities (217,252) (185,739)
Financing Activities:    
Cash Dividends on Common Stock (66,991) (168,744)
Cash Dividends on Preferred Stock (2,779) (2,779)
Increase/(Decrease) in Short-Term Debt 299,000 0
Increase/(Decrease) in NU Money Pool Borrowings (53,525) (6,225)
Other Financing Activities (1,432) (188)
Net Cash Flows Provided by/(Used in) Financing Activities 174,273 (177,936)
Net Increase/(Decrease) in Cash 4,522 (4,684)
Cash - Beginning of Year 1 9,762
Cash - End of Year 4,523 5,078
Public Service Company Of New Hampshire [Member]
   
Operating Activities:    
Net Income 42,494 49,129
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Bad Debt Expense 3,378 3,303
Depreciation 43,018 36,030
Deferred Income Tax Expense (Benefit) 17,885 20,773
Pension, SERP, and PBOP Expense, Net of PBOP Contributions 13,168 14,406
Pension and PBOP Contributions (91,990) (18,469)
Regulatory (Underrecoveries)/Overrecoveries, Net 3,625 726
Amortization of Regulatory Assets/(Liabilities), Net 177 18,032
Amortization of Rate Reduction Bonds 27,743 26,139
Other Noncash Income (Expense) 13,165 (2,545)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net 3,283 12,844
Inventory 17,365 11,915
Taxes Receivable/(Accrued) (3,776) 9,767
Change in Accounts Payable (14,171) (8,611)
Other Current Assets and Liabilities (5,231) (16,885)
Net Cash Flows (Used in)/ Provided by Operating Activities 70,133 156,554
Investing Activities:    
Investments in Property, Plant and Equipment (120,792) (111,459)
Decrease/(Increase) in NU Money Pool Lending 55,900 0
Other Investing Activities 3,045 1,928
Net Cash Flows Used in Investing Activities (61,847) (109,531)
Financing Activities:    
Cash Dividends on Common Stock (58,783) (29,414)
Increase/(Decrease) in Short-Term Debt 65,000 (8,000)
Issuance of Long-Term Debt 0 122,000
Increase/(Decrease) in NU Money Pool Borrowings 13,500 (4,100)
Retirements of Long-Term Debt 0 (119,800)
Retirements of Rate Reduction Bonds (27,626) (26,052)
Capital Contributions from NU Parent 0 20,000
Other Financing Activities (230) (1,803)
Net Cash Flows Provided by/(Used in) Financing Activities (8,139) (47,169)
Net Increase/(Decrease) in Cash 147 (146)
Cash - Beginning of Year 56 2,559
Cash - End of Year 203 2,413
Western Massachusetts Electric Company [Member]
   
Operating Activities:    
Net Income 25,324 18,137
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Bad Debt Expense 790 1,860
Depreciation 14,691 12,963
Deferred Income Tax Expense (Benefit) 17,708 7,004
Regulatory (Underrecoveries)/Overrecoveries, Net (17,645) 9,222
Amortization of Regulatory Assets/(Liabilities), Net (387) 728
Amortization of Rate Reduction Bonds 8,776 8,228
Other Noncash Income (Expense) 1,127 (2,034)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net 694 405
Inventory (2,793) (398)
Taxes Receivable/(Accrued) 533 9,523
Change in Accounts Payable (433) 1,021
Other Current Assets and Liabilities (4,541) (281)
Net Cash Flows (Used in)/ Provided by Operating Activities 43,844 66,378
Investing Activities:    
Investments in Property, Plant and Equipment (152,687) (76,898)
Proceeds from Sales of Marketable Securities 45,516 57,746
Purchases of Marketable Securities (45,889) (57,888)
Decrease/(Increase) in NU Money Pool Lending 11,000 0
Other Investing Activities 1,096 (792)
Net Cash Flows Used in Investing Activities (140,964) (77,832)
Financing Activities:    
Cash Dividends on Common Stock (9,432) (13,153)
Increase/(Decrease) in Short-Term Debt 110,000 20,000
Increase/(Decrease) in NU Money Pool Borrowings 5,400 7,700
Retirements of Rate Reduction Bonds (8,813) (8,268)
Capital Contributions from NU Parent 0 5,186
Other Financing Activities (35) (11)
Net Cash Flows Provided by/(Used in) Financing Activities 97,120 11,454
Net Increase/(Decrease) in Cash 0 0
Cash - Beginning of Year 1 1
Cash - End of Year 1 1
NSTAR Electric Company [Member]
   
Operating Activities:    
Net Income 49,422 103,547
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Bad Debt Expense 46,726 8,284
Depreciation 85,198 83,157
Deferred Income Tax Expense (Benefit) (17,069) 3,413
Pension, SERP, and PBOP Expense, Net of PBOP Contributions 16,822 (31,298)
Regulatory (Underrecoveries)/Overrecoveries, Net 16,371 70,319
Amortization of Regulatory Assets/(Liabilities), Net 46,024 29,669
Amortization of Rate Reduction Bonds 45,161 45,161
Other Noncash Income (Expense) (24,559) 8,807
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (19,555) (33,830)
Inventory 10,387 (4,673)
Taxes Receivable/(Accrued) (29,978) 174,103
Change in Accounts Payable (64,317) (100,840)
Other Current Assets and Liabilities (1,222) 4,125
Net Cash Flows (Used in)/ Provided by Operating Activities 159,411 359,944
Investing Activities:    
Investments in Property, Plant and Equipment (189,229) (156,842)
Other Investing Activities 7,242 20,641
Net Cash Flows Used in Investing Activities (181,987) (136,201)
Financing Activities:    
Cash Dividends on Common Stock (135,400) (113,300)
Cash Dividends on Preferred Stock (980) (980)
Increase/(Decrease) in Short-Term Debt 203,000 (64,500)
Retirements of Long-Term Debt (825) (825)
Retirements of Rate Reduction Bonds (43,548) (43,581)
Net Cash Flows Provided by/(Used in) Financing Activities 22,247 (223,186)
Net Increase/(Decrease) in Cash (329) 557
Cash - Beginning of Year 9,373 8,964
Cash - End of Year $ 9,044 $ 9,521