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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating Revenues $ 2,373,726 $ 2,415,792
Operating Expenses:    
Purchased Power, Fuel and Transmission 876,570 974,882
Operations and Maintenance 342,062 335,597
Depreciation 236,211 214,948
Amortization 49,776 70,961
Energy Efficiency Programs 148,393 140,116
Taxes Other Than Income Taxes 181,594 184,588
Total Operating Expenses 1,834,606 1,921,092
Operating Income/(Loss) 539,120 494,700
Interest Expense 134,715 131,734
Other Income, Net 24,104 30,985
Income Before Income Tax Expense 428,509 393,951
Income Tax Expense 91,876 83,393
Net Income 336,633 310,558
Net Income Attributable to Noncontrolling Interests 1,880 1,880
Net Income Attributable to Common Shareholders $ 334,753 $ 308,678
Basic Earnings Per Common Share (in dollars per share) $ 1.01 $ 0.97
Weighted Average Common Shares Outstanding:    
Basic (in shares) 331,102,237 317,624,593
Diluted (in shares) 332,937,153 318,316,082
The Connecticut Light and Power Company    
Operating Revenues $ 899,703 $ 849,246
Operating Expenses:    
Purchased Power, Fuel and Transmission 374,717 319,833
Operations and Maintenance 135,597 130,637
Depreciation 78,435 73,289
Amortization of Regulatory Assets, Net 6,548 35,671
Energy Efficiency Programs 35,479 25,988
Taxes Other Than Income Taxes 82,987 92,000
Total Operating Expenses 713,763 677,418
Operating Income/(Loss) 185,940 171,828
Interest Expense 37,883 35,781
Other Income, Net 1,898 3,880
Income Before Income Tax Expense 149,955 139,927
Income Tax Expense 31,217 29,456
Net Income 118,738 110,471
NSTAR Electric Company    
Operating Revenues 733,833 797,612
Operating Expenses:    
Purchased Power, Fuel and Transmission 242,439 330,104
Operations and Maintenance 122,318 112,963
Depreciation 78,345 72,584
Amortization of Regulatory Assets, Net 27,008 22,584
Energy Efficiency Programs 68,667 76,729
Taxes Other Than Income Taxes 48,722 44,822
Total Operating Expenses 587,499 659,786
Operating Income/(Loss) 146,334 137,826
Interest Expense 31,017 27,881
Other Income, Net 12,238 11,086
Income Before Income Tax Expense 127,555 121,031
Income Tax Expense 27,165 27,017
Net Income 100,390 94,014
Public Service Company of New Hampshire    
Operating Revenues 276,368 276,435
Operating Expenses:    
Purchased Power, Fuel and Transmission 94,138 113,531
Operations and Maintenance 47,128 52,630
Depreciation 24,334 22,919
Amortization of Regulatory Assets, Net 20,110 13,667
Energy Efficiency Programs 9,364 6,714
Taxes Other Than Income Taxes 19,701 17,311
Total Operating Expenses 214,775 226,772
Operating Income/(Loss) 61,593 49,663
Interest Expense 14,479 14,367
Other Income, Net 3,190 7,022
Income Before Income Tax Expense 50,304 42,318
Income Tax Expense 10,703 9,537
Net Income $ 39,601 $ 32,781