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SCHEDULE I - FINANCIAL INFORMATION OF REGISTRANT
 12 Months Ended
Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract]  
SCHEDULE I - FINANCIAL INFORMATION OF REGISTRANT
SCHEDULE I
EVERSOURCE ENERGY (PARENT)
FINANCIAL INFORMATION OF REGISTRANT
BALANCE SHEETS
AS OF DECEMBER 31, 2021 AND 2020
(Thousands of Dollars)
 20212020
ASSETS  
Current Assets:  
Cash$175 $434 
Accounts Receivable from Subsidiaries43,403 39,645 
Notes Receivable from Subsidiaries1,245,900 996,300 
Prepayments and Other Current Assets11,974 19,043 
Total Current Assets1,301,452 1,055,422 
Deferred Debits and Other Assets: 
Investments in Subsidiary Companies, at Equity16,108,190 15,483,263 
Notes Receivable from Subsidiaries1,001,000 1,110,400 
Accumulated Deferred Income Taxes17,409 33,469 
Goodwill3,852,524 3,231,811 
Other Long-Term Assets101,710 90,735 
Total Deferred Debits and Other Assets21,080,833 19,949,678 
Total Assets$22,382,285 $21,005,100 
LIABILITIES AND CAPITALIZATION 
Current Liabilities: 
Notes Payable$1,342,950 $1,054,325 
Long-Term Debt - Current Portion767,681 473,933 
Accounts Payable to Subsidiaries37,609 18,424 
Other Current Liabilities87,745 103,477 
Total Current Liabilities2,235,985 1,650,159 
Deferred Credits and Other Liabilities150,616 163,053 
Long-Term Debt5,395,840 5,128,322 
Common Shareholders' Equity:  
Common Shares1,789,092 1,789,092 
Capital Surplus, Paid in8,098,514 8,015,663 
Retained Earnings5,005,391 4,613,201 
Accumulated Other Comprehensive Loss(42,275)(76,411)
Treasury Stock(250,878)(277,979)
Common Shareholders' Equity14,599,844 14,063,566 
Total Liabilities and Capitalization$22,382,285 $21,005,100 

See the Combined Notes to Financial Statements in this Annual Report on Form 10-K for a description of significant accounting matters related to Eversource parent, including Eversource common shares information as described in Note 18, "Common Shares," material obligations and guarantees as described in Note 13, "Commitments and Contingencies," and debt agreements as described in Note 8, "Short-Term Debt," and Note 9, "Long-Term Debt."
SCHEDULE I
EVERSOURCE ENERGY (PARENT)
FINANCIAL INFORMATION OF REGISTRANT
STATEMENTS OF INCOME
FOR THE YEARS ENDED DECEMBER 31, 2021, 2020 AND 2019
(Thousands of Dollars, Except Share Information)
 202120202019
Operating Revenues$— $— $— 
Operating Expenses:   
   Other43,048 28,645 50,100 
Operating Loss(43,048)(28,645)(50,100)
Interest Expense163,613 160,887 163,937 
Other Income, Net:   
   Equity in Earnings of Subsidiaries1,345,199 1,309,630 1,001,526 
   Other, Net47,802 38,546 68,137 
Other Income, Net1,393,001 1,348,176 1,069,663 
Income Before Income Tax Benefit1,186,340 1,158,644 855,626 
Income Tax Benefit(34,187)(46,523)(53,427)
Net Income$1,220,527 $1,205,167 $909,053 
Basic Earnings per Common Share$3.55 $3.56 $2.83 
Diluted Earnings per Common Share$3.54 $3.55 $2.81 
Weighted Average Common Shares Outstanding:   
   Basic343,972,926 338,836,147 321,416,086 
   Diluted344,631,056 339,847,062 322,941,636 

STATEMENTS OF COMPREHENSIVE INCOME
202120202019
Net Income$1,220,527 $1,205,167 $909,053 
Other Comprehensive Income/(Loss), Net of Tax:   
   Qualified Cash Flow Hedging Instruments972 1,596 1,393 
   Changes in Unrealized (Losses)/Gains on Marketable Securities(671)342 1,166 
   Change in Funded Status of Pension, SERP and PBOP Benefit Plans33,835 (13,290)(7,618)
Other Comprehensive Income/(Loss), Net of Tax34,136 (11,352)(5,059)
Comprehensive Income$1,254,663 $1,193,815 $903,994 

See the Combined Notes to Financial Statements in this Annual Report on Form 10-K for a description of significant accounting matters related to Eversource parent, including Eversource common shares information as described in Note 18, "Common Shares," material obligations and guarantees as described in Note 13, "Commitments and Contingencies," and debt agreements as described in Note 8, "Short-Term Debt," and Note 9, "Long-Term Debt."
SCHEDULE I
EVERSOURCE ENERGY (PARENT)
FINANCIAL INFORMATION OF REGISTRANT
STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2021, 2020 and 2019
(Thousands of Dollars)
 202120202019
Operating Activities:   
Net Income$1,220,527 $1,205,167 $909,053 
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:  
Equity in Earnings of Subsidiaries(1,345,199)(1,309,630)(1,001,526)
Cash Dividends Received from Subsidiaries1,037,100 485,800 883,000 
Deferred Income Taxes20,293 (4,667)13,382 
Other36,910 39,940 19,584 
Changes in Current Assets and Liabilities:  
Accounts Receivables from Subsidiaries(3,758)(14,575)7,105 
Taxes Receivable/Accrued, Net(19,455)35,300 (605)
Accounts Payable to Subsidiaries19,185 14,091 (4,099)
Other Current Assets and Liabilities, Net8,144 21,284 (2,503)
Net Cash Flows Provided by Operating Activities973,747 472,710 823,391 
 
Investing Activities:   
Capital Contributions to Subsidiaries(1,033,000)(1,899,340)(1,039,000)
Return of Capital from Subsidiaries178,800 80,000 — 
Increase in Notes Receivable from Subsidiaries(140,200)(264,300)(218,100)
Other Investing Activities(3,196)(367)(1,799)
Net Cash Flows Used in Investing Activities(997,596)(2,084,007)(1,258,899)
Financing Activities:   
Issuance of Common Shares, Net of Issuance Costs— 928,992 852,254 
Cash Dividends on Common Shares(805,439)(744,665)(663,239)
Issuance of Long-Term Debt1,000,000 1,550,000 — 
Retirement of Long-Term Debt(450,000)— (350,000)
Increase/(Decrease) in Notes Payable288,625 (170,545)593,370 
Other Financing Activities(9,545)46,480 4,001 
Net Cash Flows Provided by Financing Activities23,641 1,610,262 436,386 
Net (Decrease)/Increase in Cash and Restricted Cash(208)(1,035)878 
Cash - Beginning of Year434 1,469 591 
Cash and Restricted Cash - End of Year$226 $434 $1,469 
Supplemental Cash Flow Information:   
Cash Paid/(Received) During the Year for:   
Interest$164,568 $140,694 $161,323 
Income Taxes$(51,277)$(43,158)$(63,277)

See the Combined Notes to Financial Statements in this Annual Report on Form 10-K for a description of significant accounting matters related to Eversource parent, including Eversource common shares information as described in Note 18, "Common Shares," material obligations and guarantees as described in Note 13, "Commitments and Contingencies," and debt agreements as described in Note 8, "Short-Term Debt," and Note 9, "Long-Term Debt."