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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities:    
Net Income $ 516,072 $ 493,966
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 403,406 376,686
Deferred Income Taxes 161,883 269,505
Pension, SERP and PBOP (Income)/Expense, Net 3,317 11,242
Pension and PBOP Contributions (179,002) (91,400)
Regulatory Overrecoveries, Net 36,669 85,792
Amortization of Regulatory Assets/(Liabilities), Net 81,397 16,210
Other (74,006) (110,355)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (52,923) (7,660)
Fuel, Materials, Supplies and Inventory 65,609 42,425
Taxes Receivable/Accrued, Net (132,999) 23,980
Accounts Payable (80,059) (168,221)
Other Current Assets and Liabilities, Net (51,229) (47,220)
Net Cash Flows Provided by Operating Activities 698,135 894,950
Investing Activities:    
Investments in Property, Plant and Equipment (1,251,678) (1,146,952)
Proceeds from Sales of Marketable Securities 316,252 373,853
Purchases of Marketable Securities (314,406) (394,379)
Proceeds from the Sale of Generation Assets 116,809 0
Other Investing Activities (14,122) (20,439)
Net Cash Flows Used in Investing Activities (1,147,145) (1,187,917)
Financing Activities:    
Cash Dividends on Common Stock (320,055) (301,042)
Cash Dividends on Preferred Stock (3,759) (3,759)
Increase/(Decrease) in Notes Payable (98,500) (211,000)
Issuance of Rate Reduction Bonds 635,663 0
Issuance of Long-Term Debt 1,150,000 950,000
Retirements of Long-Term Debt (860,421) (150,000)
Other Financing Activities (17,958) (19,254)
Net Cash Flows Provided by Financing Activities 484,970 264,945
Net Increase/(Decrease) in Cash, Cash Equivalents and Restricted Cash 35,960 (28,022)
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 85,890 106,750
Cash, Cash Equivalents and Restricted Cash - End of Period 121,850 78,728
The Connecticut Light and Power Company    
Operating Activities:    
Net Income 198,280 181,501
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 136,881 120,549
Deferred Income Taxes 50,915 73,277
Pension, SERP and PBOP (Income)/Expense, Net 3,861 4,321
Pension and PBOP Contributions (41,150) (1,250)
Regulatory Overrecoveries, Net (39,908) 9,762
Amortization of Regulatory Assets, Net 43,405 24,225
Other (33,078) (27,585)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (34,772) (22,333)
Taxes Receivable/Accrued, Net 105 41,733
Accounts Payable (30,805) (63,813)
Other Current Assets and Liabilities, Net 14,377 15,304
Net Cash Flows Provided by Operating Activities 268,111 355,691
Investing Activities:    
Investments in Property, Plant and Equipment (457,677) (419,891)
Other Investing Activities 110 132
Net Cash Flows Used in Investing Activities (457,567) (419,759)
Financing Activities:    
Cash Dividends on Common Stock (60,000) (99,200)
Cash Dividends on Preferred Stock (2,779) (2,779)
Capital Contributions from Eversource Parent 100,000 0
(Decrease)/Increase in Notes Payable to Eversource Parent (45,500) 21,000
Issuance of Long-Term Debt 500,000 300,000
Retirements of Long-Term Debt (300,000) (150,000)
Other Financing Activities (6,189) (3,894)
Net Cash Flows Provided by Financing Activities 185,532 65,127
Net Increase/(Decrease) in Cash, Cash Equivalents and Restricted Cash (3,924) 1,059
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 9,619 8,403
Cash, Cash Equivalents and Restricted Cash - End of Period 5,695 9,462
NSTAR Electric Company    
Operating Activities:    
Net Income 165,071 178,364
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 134,593 135,695
Deferred Income Taxes 29,238 92,223
Pension, SERP and PBOP Income, Net (19,785) (5,125)
Pension and PBOP Contributions (59,156) (15,360)
Regulatory Overrecoveries, Net 34,090 9,428
Amortization of Regulatory Assets, Net 18,318 7,112
Other (3,345) (18,883)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (40,073) (28,890)
Fuel, Materials, Supplies and Inventory 45,058 30,056
Taxes Receivable/Accrued, Net (37,268) 36,030
Accounts Payable (17,194) (148,773)
Other Current Assets and Liabilities, Net (46,861) (56,345)
Net Cash Flows Provided by Operating Activities 202,686 215,532
Investing Activities:    
Investments in Property, Plant and Equipment (356,497) (338,495)
Other Investing Activities 31 (3,580)
Net Cash Flows Used in Investing Activities (356,466) (342,075)
Financing Activities:    
Cash Dividends on Common Stock (161,000) (112,000)
Cash Dividends on Preferred Stock (980) (980)
Capital Contributions from Eversource Parent 100,500 1,800
Increase/(Decrease) in Notes Payable 213,810 (108,800)
Issuance of Long-Term Debt 0 350,000
Other Financing Activities (158) (3,159)
Net Cash Flows Provided by Financing Activities 152,172 126,861
Net Increase/(Decrease) in Cash, Cash Equivalents and Restricted Cash (1,608) 318
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 14,708 15,506
Cash, Cash Equivalents and Restricted Cash - End of Period 13,100 15,824
Public Service Company of New Hampshire    
Operating Activities:    
Net Income 60,871 65,903
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 46,301 63,182
Deferred Income Taxes 41,981 37,670
Regulatory Overrecoveries, Net (29,816) (1,964)
Amortization of Regulatory Assets/(Liabilities), Net 13,961 (13,492)
Other (3,428) (6,747)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (10,510) (1,427)
Fuel, Materials, Supplies and Inventory 21,803 12,288
Taxes Receivable/Accrued, Net (15,475) (20,945)
Accounts Payable (4,843) 2,236
Other Current Assets and Liabilities, Net (8,050) 5,422
Net Cash Flows Provided by Operating Activities 112,795 142,126
Investing Activities:    
Investments in Property, Plant and Equipment (149,925) (155,737)
Proceeds from the Sale of Generation Assets 116,809 0
Other Investing Activities 243 26
Net Cash Flows Used in Investing Activities (32,873) (155,711)
Financing Activities:    
Cash Dividends on Common Stock (150,000) (23,900)
Capital Contributions from Eversource Parent 225,000 0
Return of Capital (530,000) 0
(Decrease)/Increase in Notes Payable to Eversource Parent (144,200) 33,200
Issuance of Rate Reduction Bonds 635,663 0
Retirements of Long-Term Debt (110,000) 0
Other Financing Activities (75) (150)
Net Cash Flows Provided by Financing Activities (73,612) 9,150
Net Increase/(Decrease) in Cash, Cash Equivalents and Restricted Cash 6,310 (4,435)
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 2,191 5,953
Cash, Cash Equivalents and Restricted Cash - End of Period $ 8,501 $ 1,518