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PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE AND SUBSIDIARIES 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 (Under)/Over 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)
Increase (Decrease) in Notes Payable To Eversource Parent (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
PSNH      
Operating Activities:      
Net Income/(Loss) 269,354 214,883 195,659
Adjustments to Reconcile Net Income/(Loss) to Net Cash Flows Provided by Operating Activities:      
Depreciation 168,015 154,072 140,417
Deferred Income Taxes 11,291 77,082 118,970
Uncollectible Expense 11,973 4,688 3,989
Pension, SERP and PBOP Income, Net (8,915) (8,759) (10,484)
Regulatory (Under)/Over Recoveries, Net 10,952 (227,943) (273,472)
Amortization of Regulatory Assets/(Liabilities), Net 68,168 136,113 (16,343)
Cost of Removal Expenditures (27,030) (42,507) (39,976)
Other (1,383) 53 10,391
Changes in Current Assets and Liabilities:      
Receivables and Unbilled Revenues, Net (42,787) (29,875) (5,434)
Taxes Receivable/Accrued, Net (1,000) 30,443 916
Accounts Payable (2,043) (7,204) (55,957)
Other Current Assets and Liabilities, Net 26,703 20,255 (36,637)
Net Cash Flows Provided by Operating Activities 483,298 321,301 32,039
Investing Activities:      
Investments in Property, Plant and Equipment (537,771) (608,812) (605,109)
Other Investing Activities 0 0 296
Net Cash Flows Used in Investing Activities (537,771) (608,812) (604,813)
Financing Activities:      
Cash Dividends on Common Shares (175,000) (62,000) (112,000)
Increase (Decrease) in Notes Payable To Eversource Parent (81,800) (101,900) 59,700
Issuance of Long-Term Debt 300,000 300,000 600,000
Retirement of Long-Term Debt 0 0 (325,000)
Repayment of Rate Reduction Bonds (43,210) (43,210) (43,210)
Capital Contributions from Eversource Parent 75,000 200,000 400,000
Other Financing Activities (2,574) (3,140) (8,524)
Net Cash Flows Provided by Financing Activities 72,416 289,750 570,966
Net Increase/(Decrease) in Cash and Restricted Cash 17,943 2,239 (1,808)
Cash and Restricted Cash - Beginning of Year 37,243 35,004 36,812
Cash and Restricted Cash - End of Year $ 55,186 $ 37,243 $ 35,004