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NSTAR ELECTRIC COMPANY AND SUBSIDIARY CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Adjustments to Reconcile Net Income/(Loss) to Net Cash Flows Provided by Operating Activities:      
Depreciation $ 1,568,578 $ 1,433,503 $ 1,305,840
Deferred Income Taxes 27,313 435,889 85,405
Uncollectible Expense 101,141 74,069 72,468
Pension, SERP and PBOP Income, Net (80,628) (73,564) (90,706)
Regulatory Over/(Under) Recoveries, Net 13,062 (919,359) (151,548)
Cost of Removal Expenditures (275,906) (294,984) (315,699)
Other (4,826) (108,365) (59,886)
Changes in Current Assets and Liabilities:      
Receivables and Unbilled Revenues, Net (364,156) (432,620) (124,393)
Taxes Receivable/Accrued, Net 143,331 55,502 36,357
Accounts Payable 84,192 47,082 (287,637)
Other Current Assets and Liabilities, Net 81,671 19,529 (66,202)
Net Cash Flows Provided by Operating Activities 4,113,572 2,159,737 1,646,161
Investing Activities:      
Investments in Property, Plant and Equipment (4,158,669) (4,480,529) (4,336,849)
Other Investing Activities 30,820 (13,365) (2,897)
Net Cash Flows Used in Investing Activities (4,306,163) (4,535,664) (4,870,732)
Financing Activities:      
Cash Dividends on Common Shares (1,093,074) (1,001,488) (918,995)
Cash Dividends on Preferred Stock (7,519) (7,519) (7,519)
(Decrease)/Increase in Notes Payable (517,348) (94,959) 695,552
Issuance of Long-Term Debt 2,942,353 4,501,623 5,198,345
Retirement of Long-Term Debt (1,400,331) (1,949,995) (2,008,470)
Other Financing Activities (34,732) (57,082) (46,466)
Net Cash Flows Provided by Financing Activities 311,528 2,336,817 2,869,237
Net Increase/(Decrease) in Cash and Restricted Cash 118,937 (39,110) (355,334)
Cash and Restricted Cash - Beginning of Year 127,308 166,418 521,752
Cash and Restricted Cash - End of Year 246,245 127,308 166,418
NSTAR Electric      
Operating Activities:      
Net Income/(Loss) 630,623 636,353 544,528
Adjustments to Reconcile Net Income/(Loss) to Net Cash Flows Provided by Operating Activities:      
Depreciation 446,045 407,699 372,578
Deferred Income Taxes 35,596 111,177 96,224
Uncollectible Expense 41,430 33,607 22,791
Pension, SERP and PBOP Income, Net (39,526) (36,104) (41,554)
Regulatory Over/(Under) Recoveries, Net 116,288 (271,689) (141,865)
Amortization of Regulatory Assets/(Liabilities), Net 107,553 130,869 16,150
Cost of Removal Expenditures (66,611) (59,187) (68,290)
Other (116,923) (25,876) (2,123)
Changes in Current Assets and Liabilities:      
Receivables and Unbilled Revenues, Net (256,463) (179,783) (82,659)
Taxes Receivable/Accrued, Net (8,468) (37,779) 27,394
Accounts Payable 64,915 1,412 11,357
Other Current Assets and Liabilities, Net 25,993 (23,137) (40,974)
Net Cash Flows Provided by Operating Activities 980,452 687,562 713,557
Investing Activities:      
Investments in Property, Plant and Equipment (1,561,071) (1,563,326) (1,376,135)
Other Investing Activities 0 0 48
Net Cash Flows Used in Investing Activities (1,561,071) (1,563,326) (1,376,087)
Financing Activities:      
Cash Dividends on Common Shares (436,000) (643,900) (327,400)
Cash Dividends on Preferred Stock (1,960) (1,960) (1,960)
(Decrease)/Increase in Notes Payable (259,337) 138,935 365,847
Capital Contributions from Eversource Parent 450,000 775,000 234,900
Issuance of Long-Term Debt 1,100,000 600,000 150,000
Retirement of Long-Term Debt (250,000) 0 (80,000)
Other Financing Activities (5,163) (6,073) (1,365)
Net Cash Flows Provided by Financing Activities 597,540 862,002 340,022
Net Increase/(Decrease) in Cash and Restricted Cash 16,921 (13,762) (322,508)
Cash and Restricted Cash - Beginning of Year 9,023 22,785 345,293
Cash and Restricted Cash - End of Year $ 25,944 $ 9,023 $ 22,785