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NSTAR ELECTRIC COMPANY AND SUBSIDIARY CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current Assets:    
Receivables, Net (net of allowance for uncollectible accounts) $ 1,656,090 $ 1,651,325
Unbilled Revenues 162,932 242,169
Materials, Supplies and REC Inventory 528,111 594,568
Regulatory Assets 1,831,224 2,189,660
Prepayments and Other Current Assets 352,589 315,368
Total Current Assets 4,858,758 5,076,073
Property, Plant and Equipment, Net 43,044,113 40,986,578
Deferred Debits and Other Assets:    
Regulatory Assets 4,838,923 4,880,974
Prepaid Pension and PBOP 1,434,847 1,336,633
Other Long-Term Assets 942,146 811,521
Total Deferred Debits and Other Assets 13,799,704 13,531,878
Total Assets 61,702,575 59,594,529
Current Liabilities:    
Notes Payable 1,517,500 2,042,793
Long-Term Debt – Current Portion 1,140,007 1,003,150
Accounts Payable 1,483,634 1,736,880
Regulatory Liabilities 1,064,050 632,282
Other Current Liabilities 676,136 853,491
Total Current Liabilities 6,798,288 6,720,957
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 5,546,906 5,411,206
Regulatory Liabilities 4,114,348 4,032,564
Other Long-Term Liabilities 824,988 773,999
Total Deferred Credits and Other Liabilities 11,585,182 11,652,918
Long-Term Debt 26,854,425 25,701,627
Preferred Stock Not Subject to Mandatory Redemption 155,568 155,568
Common Shareholders' Equity:    
Capital Surplus, Paid In 9,916,324 9,428,905
Retained Earnings 4,366,085 3,929,141
Accumulated Other Comprehensive Loss (23,075) (26,472)
Common Shareholders' Equity 16,028,250 15,039,387
Commitments and Contingencies (Note 9)
Total Liabilities and Capitalization 61,702,575 59,594,529
NSTAR Electric Company    
Current Assets:    
Cash and Cash Equivalents 18,558 911
Unbilled Revenues 48,283 59,079
Materials, Supplies and REC Inventory 189,111 220,621
Regulatory Assets 912,343 902,770
Prepayments and Other Current Assets 55,051 72,986
Total Current Assets 2,100,766 1,953,851
Property, Plant and Equipment, Net 14,910,449 14,037,828
Deferred Debits and Other Assets:    
Regulatory Assets 1,117,130 1,204,337
Prepaid Pension and PBOP 766,906 724,661
Other Long-Term Assets 253,297 154,571
Total Deferred Debits and Other Assets 2,137,333 2,083,569
Total Assets 19,148,548 18,075,248
Current Liabilities:    
Notes Payable 479,000 504,782
Long-Term Debt – Current Portion 244,597 250,000
Obligations to Third Party Suppliers 158,615 163,711
Regulatory Liabilities 543,194 436,312
Other Current Liabilities 157,570 202,197
Total Current Liabilities 2,233,984 2,245,542
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 2,050,260 2,005,439
Regulatory Liabilities 1,670,310 1,643,079
Other Long-Term Liabilities 398,444 377,462
Total Deferred Credits and Other Liabilities 4,119,014 4,025,980
Long-Term Debt 5,644,983 4,844,920
Preferred Stock Not Subject to Mandatory Redemption 43,000 43,000
Common Shareholders' Equity:    
Common Stock 0 0
Capital Surplus, Paid In 3,888,842 3,788,842
Retained Earnings 3,218,867 3,127,105
Accumulated Other Comprehensive Loss (142) (141)
Common Shareholders' Equity 7,107,567 6,915,806
Commitments and Contingencies (Note 9)
Total Liabilities and Capitalization 19,148,548 18,075,248
NSTAR Electric Company | Nonrelated Party    
Current Assets:    
Receivables, Net (net of allowance for uncollectible accounts) 665,964 614,563
Current Liabilities:    
Accounts Payable 487,385 534,868
NSTAR Electric Company | Related Party    
Current Assets:    
Receivables, Net (net of allowance for uncollectible accounts) 211,456 82,921
Current Liabilities:    
Accounts Payable $ 163,623 $ 153,672