v3.26.1
NSTAR ELECTRIC COMPANY AND SUBSIDIARY CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Receivables, Net (net of allowance for uncollectible accounts) $ 1,723,357 $ 1,847,094
Unbilled Revenues 182,796 275,108
Materials, Supplies and REC Inventory 467,200 491,592
Regulatory Assets 1,905,179 1,975,083
Prepayments and Other Current Assets 344,480 352,958
Total Current Assets 6,442,331 5,077,186
Property, Plant and Equipment, Net 45,270,581 45,930,959
Deferred Debits and Other Assets:    
Regulatory Assets 5,241,018 5,718,646
Prepaid Pension and PBOP 1,550,884 1,511,169
Other Long-Term Assets 1,019,611 997,883
Total Deferred Debits and Other Assets 11,702,831 12,778,566
Total Assets 63,415,743 63,786,711
Current Liabilities:    
Notes Payable 393,700 1,525,445
Long-Term Debt – Current Portion 2,502,629 1,392,948
Accounts Payable 1,605,121 1,859,692
Regulatory Liabilities 1,696,398 1,264,609
Other Current Liabilities 1,001,529 894,219
Total Current Liabilities 8,054,835 7,808,512
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 5,732,055 5,647,218
Regulatory Liabilities 4,231,128 4,273,465
Derivative Liabilities 99,098 100,859
Other Long-Term Liabilities 938,604 1,101,932
Total Deferred Credits and Other Liabilities 11,996,916 12,472,065
Long-Term Debt 26,608,990 26,872,433
Preferred Stock Not Subject to Mandatory Redemption 155,568 155,568
Common Shareholders' Equity:    
Capital Surplus, Paid In 9,993,108 9,937,878
Retained Earnings 4,573,332 4,504,983
Accumulated Other Comprehensive Income (19,346) (20,507)
Common Shareholders' Equity 16,340,177 16,197,271
Commitments and Contingencies (Note 9)
Total Liabilities and Capitalization 63,415,743 63,786,711
NSTAR Electric Company    
Current Assets:    
Cash 15,356 8,302
Unbilled Revenues 55,520 56,948
Materials, Supplies and REC Inventory 185,871 210,865
Regulatory Assets 1,056,092 978,754
Derivative Assets 115,114 91,011
Prepayments and Other Current Assets 26,550 90,040
Total Current Assets 2,181,138 2,332,299
Property, Plant and Equipment, Net 15,911,988 15,308,896
Deferred Debits and Other Assets:    
Regulatory Assets 1,543,297 1,823,522
Prepaid Pension and PBOP 832,749 804,109
Other Long-Term Assets 288,315 264,073
Total Deferred Debits and Other Assets 2,664,361 2,891,704
Total Assets 20,757,487 20,532,899
Current Liabilities:    
Notes Payable 63,000 245,445
Long-Term Debt – Current Portion 700,000 300,000
Obligations to Third Party Suppliers 164,749 179,757
Regulatory Liabilities 775,303 650,813
Other Current Liabilities 175,456 208,979
Total Current Liabilities 2,572,180 2,341,306
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 2,158,686 2,087,287
Regulatory Liabilities 1,728,295 1,702,059
Derivative Liabilities 390,341 753,149
Other Long-Term Liabilities 418,630 401,625
Total Deferred Credits and Other Liabilities 4,695,952 4,944,120
Long-Term Debt 5,641,846 5,645,638
Preferred Stock Not Subject to Mandatory Redemption 43,000 43,000
Common Shareholders' Equity:    
Common Stock 0 0
Capital Surplus, Paid In 4,496,842 4,238,842
Retained Earnings 3,307,495 3,319,768
Accumulated Other Comprehensive Income 172 225
Common Shareholders' Equity 7,804,509 7,558,835
Commitments and Contingencies (Note 9)
Total Liabilities and Capitalization 20,757,487 20,532,899
NSTAR Electric Company | Nonrelated Party    
Current Assets:    
Receivables, Net (net of allowance for uncollectible accounts) 591,679 616,280
Current Liabilities:    
Accounts Payable 566,975 558,227
NSTAR Electric Company | Related Party    
Current Assets:    
Receivables, Net (net of allowance for uncollectible accounts) 134,956 280,099
Current Liabilities:    
Accounts Payable $ 126,697 $ 198,085