v3.25.2
NSTAR ELECTRIC COMPANY AND SUBSIDIARY CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation $ 765,175 $ 694,505
Deferred Income Taxes 10,937 297,901
Uncollectible Expense 41,519 26,279
Pension, SERP and PBOP Income, Net (39,373) (35,719)
Regulatory Over/(Under) Recoveries, Net 28,133 (383,152)
Cost of Removal Expenditures (161,020) (113,024)
Other 27,373 (99,544)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (51,220) (95,839)
Taxes Receivable/Accrued, Net 323,484 41,275
Accounts Payable (156,507) (82,355)
Other Current Assets and Liabilities, Net (159,925) (30,288)
Net Cash Flows Provided by Operating Activities 2,097,904 962,026
Investing Activities:    
Investments in Property, Plant and Equipment (2,049,401) (2,220,917)
Net Cash Flows Used in Investing Activities (2,103,187) (2,930,981)
Financing Activities:    
Cash Dividends on Common Stock (540,859) (490,910)
Cash Dividends on Preferred Stock (3,759) (3,759)
Issuance of Long-Term Debt 1,728,193 3,850,000
Decrease in Notes Payable (662,293) (698,252)
Other Financing Activities (26,815) (48,493)
Net Cash Flows Provided by Financing Activities 315,761 1,935,170
Net Increase/(Decrease) in Cash, Cash Equivalents and Restricted Cash 310,478 (33,785)
Cash and Restricted Cash - Beginning of Period 127,308 166,418
Cash, Cash Equivalents and Restricted Cash - End of Period 437,786 132,633
NSTAR Electric    
Operating Activities:    
Net Income 336,104 317,580
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 217,346 197,208
Deferred Income Taxes 21,446 54,640
Uncollectible Expense 14,002 12,007
Pension, SERP and PBOP Income, Net (19,942) (18,003)
Regulatory Over/(Under) Recoveries, Net 52,121 (157,521)
Amortization of Regulatory Assets, Net 67,719 69,627
Cost of Removal Expenditures (49,103) (22,832)
Other (3,324) (27,840)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (107,269) (41,197)
Taxes Receivable/Accrued, Net 1,038 (5,328)
Accounts Payable (55,534) (77,371)
Other Current Assets and Liabilities, Net (80,994) 40,403
Net Cash Flows Provided by Operating Activities 393,610 341,373
Investing Activities:    
Investments in Property, Plant and Equipment (775,162) (729,758)
Net Cash Flows Used in Investing Activities (775,162) (729,758)
Financing Activities:    
Cash Dividends on Common Stock (436,000) (393,900)
Cash Dividends on Preferred Stock (980) (980)
Issuance of Long-Term Debt 800,000 600,000
Capital Contributions from Eversource Parent 100,000 300,000
Decrease in Notes Payable (74,782) (129,347)
Other Financing Activities (9,110) (6,081)
Net Cash Flows Provided by Financing Activities 379,128 369,692
Net Increase/(Decrease) in Cash, Cash Equivalents and Restricted Cash (2,424) (18,693)
Cash and Restricted Cash - Beginning of Period 9,023 22,785
Cash, Cash Equivalents and Restricted Cash - End of Period $ 6,599 $ 4,092