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NSTAR ELECTRIC COMPANY AND SUBSIDIARY CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation $ 420,481 $ 379,579
Deferred Income Taxes 81,402 (56,524)
Uncollectible Expense 30,795 22,863
Pension, SERP and PBOP Income, Net (28,287) (18,811)
Regulatory Over Recoveries, Net 126,339 84,461
Cost of Removal Expenditures (41,385) (67,151)
Other 28,255 15,840
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (264,738) (288,984)
Taxes Receivable/Accrued, Net 247,015 288,790
Accounts Payable (145,387) (131,367)
Other Current Assets and Liabilities, Net (141,649) (196,218)
Net Cash Flows Provided by Operating Activities 1,324,326 1,040,595
Investing Activities:    
Investments in Property, Plant and Equipment (1,009,311) (1,007,384)
Net Cash Flows Used in Investing Activities (1,149,943) (999,230)
Financing Activities:    
Cash Dividends on Common Stock (290,023) (270,232)
Cash Dividends on Preferred Stock (1,880) (1,880)
Issuance of Long-Term Debt 1,502,574 1,201,407
Decrease in Notes Payable (992,445) (552,694)
Other Financing Activities (29,342) (23,000)
Net Cash Flows (Used In)/Provided by Financing Activities (82,837) 31,945
Net (Decrease)/Increase in Cash and Restricted Cash 91,546 73,310
Cash and Restricted Cash - Beginning of Period 246,245 127,308
Cash and Restricted Cash - End of Period 337,791 200,618
NSTAR Electric    
Operating Activities:    
Net Income 165,950 167,175
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 119,337 108,014
Deferred Income Taxes 12,431 (10,197)
Uncollectible Expense 8,299 7,485
Pension, SERP and PBOP Income, Net (11,511) (10,161)
Regulatory Over Recoveries, Net 67,682 78,429
Amortization of Regulatory Assets, Net 74,716 52,284
Cost of Removal Expenditures (6,092) (16,903)
Other (22,321) (7,333)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net 111,590 (114,975)
Taxes Receivable/Accrued, Net 54,123 78,295
Accounts Payable (50,973) 3,771
Other Current Assets and Liabilities, Net 11,458 (24,456)
Net Cash Flows Provided by Operating Activities 534,689 311,428
Investing Activities:    
Investments in Property, Plant and Equipment (381,725) (367,462)
Net Cash Flows Used in Investing Activities (381,725) (367,462)
Financing Activities:    
Cash Dividends on Common Stock 0 (436,000)
Cash Dividends on Preferred Stock (490) (490)
Issuance of Long-Term Debt 0 800,000
Capital Contributions from Eversource Parent 258,000 100,000
Decrease in Notes Payable (245,445) (396,282)
Other Financing Activities (152) (9,114)
Net Cash Flows (Used In)/Provided by Financing Activities 11,913 58,114
Net (Decrease)/Increase in Cash and Restricted Cash 164,877 2,080
Cash and Restricted Cash - Beginning of Period 25,944 9,023
Cash and Restricted Cash - End of Period $ 190,821 $ 11,103