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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Revenues $ 8,526,470 $ 8,448,201 $ 7,751,952
Operating Expenses:      
Purchased Power, Fuel and Transmission 3,040,160 3,138,969 2,535,271
Operations and Maintenance 1,363,113 1,335,213 1,307,052
Depreciation 885,278 819,930 773,802
Amortization of Regulatory Assets/(Liabilities), Net 195,380 252,026 89,986
Energy Efficiency Programs 501,369 472,380 480,835
Taxes Other Than Income Taxes 711,035 729,753 676,757
Impairment of Northern Pass Transmission 239,644 0 0
Total Operating Expenses 6,935,979 6,748,271 5,863,703
Operating Income 1,590,491 1,699,930 1,888,249
Interest Expense 533,197 498,805 421,755
Other Income, Net 132,777 128,366 107,913
Income Before Income Tax Expense 1,190,071 1,329,491 1,574,407
Income Tax Expense 273,499 288,972 578,892
Net Income 916,572 1,040,519 995,515
Net Income Attributable to Noncontrolling Interests 7,519 7,519 7,519
Net Income Attributable to Common Shareholders $ 909,053 $ 1,033,000 $ 987,996
Basic Earnings Per Common Share (in dollars per share) $ 2.83 $ 3.25 $ 3.11
Diluted Earnings Per Common Share (in dollars per share) $ 2.81 $ 3.25 $ 3.11
Weighted Average Common Shares Outstanding:      
Basic (in shares) 321,416,086 317,370,369 317,411,097
Diluted (in shares) 322,941,636 317,993,934 318,031,580
The Connecticut Light and Power Company      
Operating Revenues $ 3,232,551 $ 3,096,174 $ 2,887,359
Operating Expenses:      
Purchased Power, Fuel and Transmission 1,188,202 1,095,187 930,780
Operations and Maintenance 549,167 506,448 502,107
Depreciation 301,188 278,557 249,352
Amortization of Regulatory Assets/(Liabilities), Net 51,621 129,021 83,166
Energy Efficiency Programs 118,235 93,977 114,713
Taxes Other Than Income Taxes 342,489 357,147 323,887
Total Operating Expenses 2,550,902 2,460,337 2,204,005
Operating Income 681,649 635,837 683,354
Interest Expense 151,357 151,727 142,973
Other Income, Net 17,531 22,663 22,991
Income Before Income Tax Expense 547,823 506,773 563,372
Income Tax Expense 136,971 129,056 186,646
Net Income 410,852 377,717 376,726
NSTAR Electric Company      
Operating Revenues 3,044,642 3,112,926 2,980,629
Operating Expenses:      
Purchased Power, Fuel and Transmission 1,064,289 1,257,073 1,025,414
Operations and Maintenance 468,436 462,100 482,924
Depreciation 296,500 276,372 274,008
Amortization of Regulatory Assets/(Liabilities), Net 103,735 46,654 33,831
Energy Efficiency Programs 289,206 292,288 294,053
Taxes Other Than Income Taxes 195,586 194,316 181,959
Total Operating Expenses 2,417,752 2,528,803 2,292,189
Operating Income 626,890 584,123 688,440
Interest Expense 114,198 105,193 105,729
Other Income, Net 44,577 53,066 34,100
Income Before Income Tax Expense 557,269 531,996 616,811
Income Tax Expense 125,313 148,906 242,085
Net Income 431,956 383,090 374,726
Public Service Company of New Hampshire      
Operating Revenues 1,065,936 1,047,619 981,624
Operating Expenses:      
Purchased Power, Fuel and Transmission 398,449 370,246 237,478
Operations and Maintenance 210,995 210,541 263,110
Depreciation 93,737 92,055 128,192
Amortization of Regulatory Assets/(Liabilities), Net 57,732 80,978 (16,577)
Energy Efficiency Programs 25,982 20,105 13,788
Taxes Other Than Income Taxes 62,574 77,280 89,760
Total Operating Expenses 849,469 851,205 715,751
Operating Income 216,467 196,414 265,873
Interest Expense 60,666 60,634 51,007
Other Income, Net 19,222 27,672 9,805
Income Before Income Tax Expense 175,023 163,452 224,671
Income Tax Expense 40,975 47,576 88,675
Net Income $ 134,048 $ 115,876 $ 135,996