v3.26.1
NSTAR ELECTRIC COMPANY AND SUBSIDIARY CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation $ 844,396 $ 765,175
Deferred Income Taxes 78,473 10,937
Uncollectible Expense 50,585 41,519
Pension, SERP and PBOP Income, Net (54,253) (39,373)
Regulatory Over Recoveries, Net 210,184 28,133
Cost of Removal Expenditures (102,024) (161,020)
Other 180,360 24,873
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net 71,340 (51,220)
Taxes Receivable/Accrued, Net 122,183 323,484
Accounts Payable (224,254) (156,507)
Other Current Assets and Liabilities, Net (90,289) (159,925)
Net Cash Flows Provided by Operating Activities 2,414,783 2,097,904
Investing Activities:    
Investments in Property, Plant and Equipment (2,023,472) (2,049,401)
Net Cash Flows Used in Investing Activities 105,468 (2,103,187)
Financing Activities:    
Cash Dividends on Common Stock (580,281) (540,859)
Cash Dividends on Preferred Stock (3,759) (3,759)
Issuance of Long-Term Debt 2,404,894 1,728,193
Retirement of Long-Term Debt (1,616,803) (375,122)
Decrease in Notes Payable (1,030,445) (662,293)
Other Financing Activities (44,651) (26,815)
Net Cash Flows (Used in)/Provided by Financing Activities (872,445) 315,761
Net (Decrease)/Increase in Cash and Restricted Cash 1,647,806 310,478
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 246,245 127,308
Cash, Cash Equivalents and Restricted Cash - End of Period 1,894,051 437,786
NSTAR Electric    
Operating Activities:    
Net Income 319,707 336,104
Adjustments to Reconcile Net Income to Net Cash Flows Provided by Operating Activities:    
Depreciation 239,306 217,346
Deferred Income Taxes 48,544 21,446
Uncollectible Expense 15,604 14,002
Pension, SERP and PBOP Income, Net (22,439) (19,942)
Regulatory Over Recoveries, Net (32,099) 52,121
Amortization of Regulatory (Liabilities)/Assets, Net 89,979 67,719
Cost of Removal Expenditures (24,095) (49,103)
Other (32,994) (3,324)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net 158,212 (107,269)
Taxes Receivable/Accrued, Net 52,335 1,038
Accounts Payable (127,987) (55,534)
Other Current Assets and Liabilities, Net (57,945) (80,994)
Net Cash Flows Provided by Operating Activities 626,128 393,610
Investing Activities:    
Investments in Property, Plant and Equipment (773,806) (775,162)
Net Cash Flows Used in Investing Activities (773,806) (775,162)
Financing Activities:    
Cash Dividends on Common Stock (331,000) (436,000)
Cash Dividends on Preferred Stock (980) (980)
Issuance of Long-Term Debt 700,000 800,000
Retirement of Long-Term Debt (300,000) 0
Capital Contributions from Eversource Parent 258,000 100,000
Decrease in Notes Payable (182,445) (74,782)
Other Financing Activities (5,230) (9,110)
Net Cash Flows (Used in)/Provided by Financing Activities 138,345 379,128
Net (Decrease)/Increase in Cash and Restricted Cash (9,333) (2,424)
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 25,944 9,023
Cash, Cash Equivalents and Restricted Cash - End of Period $ 16,611 $ 6,599