v3.25.2
NSTAR ELECTRIC COMPANY AND SUBSIDIARY CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current Assets:    
Receivables, Net (net of allowance for uncollectible accounts) $ 1,711,940 $ 1,651,325
Unbilled Revenues 185,013 242,169
Materials, Supplies and REC Inventory 549,162 594,568
Regulatory Assets 1,823,417 2,189,660
Prepayments and Other Current Assets 234,761 315,368
Total Current Assets 4,904,771 5,076,073
Property, Plant and Equipment, Net 42,303,414 40,986,578
Deferred Debits and Other Assets:    
Regulatory Assets 4,908,519 4,880,974
Prepaid Pension and PBOP 1,389,846 1,336,633
Other Long-Term Assets 900,033 811,521
Total Deferred Debits and Other Assets 13,747,915 13,531,878
Total Assets 60,956,100 59,594,529
Current Liabilities:    
Notes Payable 1,270,500 2,042,793
Long-Term Debt – Current Portion 1,950,348 1,003,150
Accounts Payable 1,512,911 1,736,880
Regulatory Liabilities 834,793 632,282
Other Current Liabilities 849,488 868,491
Total Current Liabilities 6,880,950 6,720,957
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 5,523,975 5,411,206
Regulatory Liabilities 4,076,390 4,032,564
Other Long-Term Liabilities 1,048,275 1,123,999
Total Deferred Credits and Other Liabilities 11,738,332 11,652,918
Long-Term Debt 26,212,992 25,701,627
Preferred Stock Not Subject to Mandatory Redemption 155,568 155,568
Common Shareholders' Equity:    
Capital Surplus, Paid In 9,665,374 9,428,905
Retained Earnings 4,279,915 3,929,141
Accumulated Other Comprehensive Loss (23,912) (26,472)
Common Shareholders' Equity 15,665,791 15,039,387
Commitments and Contingencies (Note 9)
Total Liabilities and Capitalization 60,956,100 59,594,529
NSTAR Electric Company    
Current Assets:    
Cash and Cash Equivalents 4,376 911
Unbilled Revenues 55,379 59,079
Materials, Supplies and REC Inventory 195,791 220,621
Regulatory Assets 900,764 902,770
Prepayments and Other Current Assets 69,897 72,986
Total Current Assets 2,028,609 1,953,851
Property, Plant and Equipment, Net 14,638,823 14,037,828
Deferred Debits and Other Assets:    
Regulatory Assets 1,155,758 1,204,337
Prepaid Pension and PBOP 746,880 724,661
Other Long-Term Assets 158,923 154,571
Total Deferred Debits and Other Assets 2,061,561 2,083,569
Total Assets 18,728,993 18,075,248
Current Liabilities:    
Notes Payable 430,000 504,782
Long-Term Debt – Current Portion 550,000 250,000
Obligations to Third Party Suppliers 140,350 163,711
Regulatory Liabilities 480,158 436,312
Other Current Liabilities 122,638 202,197
Total Current Liabilities 2,339,710 2,245,542
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 2,046,570 2,005,439
Regulatory Liabilities 1,650,390 1,643,079
Other Long-Term Liabilities 396,338 377,462
Total Deferred Credits and Other Liabilities 4,093,298 4,025,980
Long-Term Debt 5,338,057 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 3,026,229 3,127,105
Accumulated Other Comprehensive Loss (143) (141)
Common Shareholders' Equity 6,914,928 6,915,806
Commitments and Contingencies (Note 9)
Total Liabilities and Capitalization 18,728,993 18,075,248
NSTAR Electric Company | Nonrelated Party    
Current Assets:    
Receivables, Net (net of allowance for uncollectible accounts) 622,537 614,563
Current Liabilities:    
Accounts Payable 460,411 534,868
NSTAR Electric Company | Related Party    
Current Assets:    
Receivables, Net (net of allowance for uncollectible accounts) 179,865 82,921
Current Liabilities:    
Accounts Payable $ 156,153 $ 153,672