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NSTAR ELECTRIC COMPANY AND SUBSIDIARY CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash $ 66,773 $ 106,599
Receivables, Net (net of allowance for uncollectible accounts of $181,319 and $157,447 as of December 31, 2021 and 2020, respectively) 1,226,069 1,195,925
Unbilled Revenues 210,879 233,025
Fuel, Materials, Supplies and REC Inventory 267,547 265,599
Regulatory Assets 1,129,093 1,076,556
Prepayments and Other Current Assets 369,759 252,439
Total Current Assets 3,270,120 3,130,143
Property, Plant and Equipment, Net 33,377,650 30,882,523
Deferred Debits and Other Assets:    
Regulatory Assets 4,586,709 5,493,330
Other Long-Term Assets 883,756 583,854
Total Deferred Debits and Other Assets 11,844,374 12,086,932
Total Assets 48,492,144 46,099,598
Current Liabilities:    
Notes Payable 1,505,450 1,249,325
Long-Term Debt – Current Portion 1,193,097 1,053,186
Accounts Payable 1,672,230 1,370,647
Regulatory Liabilities 602,432 389,430
Other Current Liabilities 830,620 809,214
Total Current Liabilities 5,847,039 4,915,012
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 4,597,120 4,095,339
Regulatory Liabilities 3,866,251 3,850,781
Accrued Pension, SERP and PBOP 242,463 1,653,788
Other Long-Term Liabilities 971,080 948,506
Total Deferred Credits and Other Liabilities 10,412,412 11,342,662
Capitalization:    
Long-Term Debt 17,023,577 15,125,876
Preferred Stock Not Subject to Mandatory Redemption 155,570 155,570
Common Shareholders' Equity:    
Common Shares 1,789,092 1,789,092
Capital Surplus, Paid In 8,098,514 8,015,663
Retained Earnings 5,005,391 4,613,201
Accumulated Other Comprehensive Income (42,275) (76,411)
Common Shareholders' Equity 14,599,844 14,063,566
Commitments and Contingencies (Note 13)
Total Liabilities and Capitalization 48,492,144 46,099,598
NSTAR Electric Company    
Current Assets:    
Cash 745 102
Receivables, Net (net of allowance for uncollectible accounts of $181,319 and $157,447 as of December 31, 2021 and 2020, respectively) 405,674 403,045
Accounts Receivable from Affiliated Companies 67,420 30,095
Unbilled Revenues 37,497 38,342
Fuel, Materials, Supplies and REC Inventory 116,712 133,894
Taxes Receivable 80,617 65,051
Regulatory Assets 443,956 399,882
Prepayments and Other Current Assets 22,397 21,833
Total Current Assets 1,175,018 1,092,244
Property, Plant and Equipment, Net 10,876,614 10,123,062
Deferred Debits and Other Assets:    
Regulatory Assets 1,135,231 1,304,019
Prepaid Pension and PBOP 441,426 204,138
Other Long-Term Assets 171,657 162,836
Total Deferred Debits and Other Assets 1,748,314 1,670,993
Total Assets 13,799,946 12,886,299
Current Liabilities:    
Notes Payable 162,500 195,000
Notes Payable to Eversource Parent 0 21,300
Long-Term Debt – Current Portion 400,000 250,000
Accounts Payable 490,915 383,558
Accounts Payable to Affiliated Companies 129,575 95,703
Obligations to Third Party Suppliers 116,273 98,572
Renewable Portfolio Standards Compliance Obligations 100,200 127,536
Regulatory Liabilities 228,248 164,761
Other Current Liabilities 84,303 72,118
Total Current Liabilities 1,712,014 1,408,548
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 1,579,508 1,459,906
Regulatory Liabilities 1,559,072 1,550,390
Accrued Pension, SERP and PBOP 2,046 172,571
Other Long-Term Liabilities 345,888 337,245
Total Deferred Credits and Other Liabilities 3,486,514 3,520,112
Capitalization:    
Long-Term Debt 3,585,399 3,393,221
Preferred Stock Not Subject to Mandatory Redemption 43,000 43,000
Common Shareholders' Equity:    
Common Shares 0 0
Capital Surplus, Paid In 2,253,942 1,993,942
Retained Earnings 2,718,576 2,527,167
Accumulated Other Comprehensive Income 501 309
Common Shareholders' Equity 4,973,019 4,521,418
Commitments and Contingencies (Note 13)
Total Liabilities and Capitalization $ 13,799,946 $ 12,886,299