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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Operating Revenues $ 1,988,512 $ 2,039,706 $ 5,856,458 $ 5,862,525
Operating Expenses:        
Purchased Power, Fuel and Transmission 651,776 665,810 1,955,129 2,001,929
Operations and Maintenance 300,421 324,734 933,400 965,584
Depreciation 194,466 181,288 571,152 531,781
Amortization of Regulatory Assets, Net 41,848 43,942 58,058 56,223
Energy Efficiency Programs 129,205 149,121 391,761 405,962
Taxes Other Than Income Taxes 168,193 164,942 479,648 479,219
Total Operating Expenses 1,485,909 1,529,837 4,389,148 4,440,698
Operating Income/(Loss) 502,603 509,869 1,467,310 1,421,827
Interest Expense 108,719 99,865 319,477 298,568
Other Income, Net 21,184 13,641 56,304 23,689
Income Before Income Tax Expense 415,068 423,645 1,204,137 1,146,948
Income Tax Expense 152,818 156,446 447,921 428,186
Net Income 262,250 267,199 756,216 718,762
Net Income Attributable to Noncontrolling Interests 1,880 1,880 5,639 5,639
Net Income Attributable to Common Shareholders $ 260,370 $ 265,319 $ 750,577 $ 713,123
Basic and Diluted Earnings Per Common Share (in dollars per share) $ 0.82 $ 0.83 $ 2.36 $ 2.24
Dividends Declared Per Common Share (in dollars per share) $ 0.48 $ 0.45 $ 1.43 $ 1.34
Weighted Average Common Shares Outstanding:        
Basic (in shares) 317,393,029 317,787,836 317,415,848 317,696,823
Diluted (in shares) 317,949,396 318,577,079 318,007,042 318,511,609
The Connecticut Light And Power Company        
Operating Revenues $ 774,762 $ 760,037 $ 2,173,629 $ 2,175,141
Operating Expenses:        
Purchased Power, Fuel and Transmission 259,005 253,509 711,154 760,613
Operations and Maintenance 123,107 123,034 359,834 356,409
Depreciation 63,727 57,675 184,275 172,175
Amortization of Regulatory Assets, Net 34,574 23,418 58,799 30,308
Energy Efficiency Programs 37,739 44,381 106,483 117,969
Taxes Other Than Income Taxes 79,067 81,948 223,482 227,981
Total Operating Expenses 597,219 583,965 1,644,027 1,665,455
Operating Income/(Loss) 177,543 176,072 529,602 509,686
Interest Expense 36,313 36,083 106,577 108,561
Other Income, Net 7,509 3,669 14,070 10,881
Income Before Income Tax Expense 148,739 143,658 437,095 412,006
Income Tax Expense 52,595 57,026 159,450 155,453
Net Income 96,144 86,632 277,645 256,553
NSTAR Electric Company        
Operating Revenues 725,701 780,462 1,913,548 1,985,979
Operating Expenses:        
Purchased Power, Fuel and Transmission 259,400 291,382 689,784 764,907
Operations and Maintenance 92,571 96,282 266,203 279,932
Depreciation 56,200 54,695 167,598 159,151
Amortization of Regulatory Assets, Net 9,845 9,621 17,806 18,275
Energy Efficiency Programs 71,615 84,717 198,803 212,882
Taxes Other Than Income Taxes 37,052 35,050 99,090 101,800
Total Operating Expenses 526,683 571,747 1,439,284 1,536,947
Operating Income/(Loss) 199,018 208,715 474,264 449,032
Interest Expense 24,488 21,101 69,962 62,206
Other Income, Net 3,426 5,022 8,703 7,524
Income Before Income Tax Expense 177,956 192,636 413,005 394,350
Income Tax Expense 69,796 75,440 161,320 154,493
Net Income 108,160 117,196 251,685 239,857
Public Service Company Of New Hampshire        
Operating Revenues 250,032 266,946 733,572 727,753
Operating Expenses:        
Purchased Power, Fuel and Transmission 57,099 59,833 179,289 155,700
Operations and Maintenance 63,669 64,183 191,153 187,184
Depreciation 32,084 29,646 95,266 86,524
Amortization of Regulatory Assets/(Liabilities), Net 2,835 14,158 (10,658) 14,490
Energy Efficiency Programs 4,007 3,983 11,040 10,862
Taxes Other Than Income Taxes 22,936 20,460 66,935 64,543
Total Operating Expenses 182,630 192,263 533,025 519,303
Operating Income/(Loss) 67,402 74,683 200,547 208,450
Interest Expense 12,896 12,397 38,676 37,386
Other Income, Net 1,229 574 2,883 1,007
Income Before Income Tax Expense 55,735 62,860 164,754 172,071
Income Tax Expense 22,012 24,345 65,128 66,242
Net Income 33,723 38,515 99,626 105,829
Western Massachusetts Electric Company        
Operating Revenues 126,335 124,042 377,214 368,533
Operating Expenses:        
Purchased Power, Fuel and Transmission 34,828 32,178 109,553 104,406
Operations and Maintenance 21,528 24,125 65,769 68,018
Depreciation 12,546 11,567 36,844 34,414
Amortization of Regulatory Assets/(Liabilities), Net 286 1,102 (563) 3,305
Energy Efficiency Programs 10,996 12,389 29,739 33,593
Taxes Other Than Income Taxes 10,779 10,609 31,403 30,440
Total Operating Expenses 90,963 91,970 272,745 274,176
Operating Income/(Loss) 35,372 32,072 104,469 94,357
Interest Expense 6,321 6,222 18,752 18,298
Other Income, Net 1,060 179 1,409 133
Income Before Income Tax Expense 30,111 26,029 87,126 76,192
Income Tax Expense 12,504 10,018 34,680 30,089
Net Income $ 17,607 $ 16,011 $ 52,446 $ 46,103