Eversource Energy (ES) financial statements (2020 and earlier)

Company profile

Business Address 300 CADWELL DRIVE
SPRINGFIELD, MA 01104
State of Incorp. MA
Fiscal Year End December 31
SIC 4911 - Electric Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)
Annual | Quarterly

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments661523830243943
Cash and cash equivalents231083830243943
Short-term investments4344     
Receivables9939949259281,0811,194765
Inventory, net of allowances, customer advances and progress billings 238223329336350✕
Inventory 238223329336350 
Regulatory current assets538515742888846672536
Assets held-for-sale, not part of disposal group  220  ✕✕
Costs in excess of billings✕✕201168203212225
Other current assets312261138135129226214
Other undisclosed current assets311132    303
Total current assets:2,2212,2922,4872,4782,6192,6922,087
Noncurrent Assets
Long-term investments and receivables1,266881585782516515489
Long-term investments1,266881585782516515489
Intangible assets, net (including goodwill)4,4274,4274,4273,5193,5193,5193,519
Goodwill4,4274,4274,4273,5193,5193,5193,519
Derivative instruments and hedges      74
Regulated entity, other noncurrent assets4,2934,6314,4973,6393,7384,0543,759
Restricted cash and investments     451424
Other noncurrent assets606863606522295350292
Other undisclosed noncurrent assets (464) (237) (451)(424)
Total noncurrent assets:10,59310,33910,1168,2258,0698,4388,132
Other undisclosed assets26,91225,61023,61721,35119,89218,64717,576
TOTAL ASSETS:39,72538,24136,22032,05330,58029,77827,796
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities8921,1201,085885814868742
Accounts payable8921,1201,085885814868742
Debt864837550774229246533
Postemployment benefits liability    91015
Regulatory liability441370128147108235204
Other liabilities807823738685679829703
Other undisclosed current liabilities7459621,0881,1491,1529461,078
Total current liabilities:3,7494,1133,5893,6392,9903,1343,276
Noncurrent Liabilities
Long-term debt and lease obligation     8,6067,777
Long-term debt, excluding current maturities     8,6067,777
Liabilities, other than long-term debt9,7196,1489,6148,7188,2777,9636,976
Pension and other postretirement defined benefit plans, liabilities✕✕✕✕✕✕897
Deferred compensation liability, classified     58 
Deferred tax liabilities, net✕ 3,2985,6075,1484,4674,029
Deferred income tax liabilities3,605✕✕✕✕✕✕
Liability, pension and other postretirement and postemployment benefits8219631,2281,1421,4071,639✕
Regulatory liability3,6443,6093,637702514515503
Other liabilities1,2911,1961,074853871874923
Derivative instruments and hedges, liabilities358380377414337410624
Other undisclosed noncurrent liabilities 3,506   (8,664)(7,777)
Total noncurrent liabilities:9,7199,6549,6148,7188,2777,9056,976
Total liabilities:13,46813,76713,20312,35711,26711,04010,252
Temporary equity, carrying amount156156156156156156156
Stockholders' equity
Stockholders' equity attributable to parent, including:12,12211,48711,08610,71210,3529,9779,612
Common stock1,6991,6691,6691,6691,6691,6671,665
Treasury stock, value(302)(318)(318)(318)310300327
Additional paid in capital6,6766,2416,2406,2506,2626,2366,193
Accumulated other comprehensive income (loss)(52)(60)(66)(65)(67)(74)46
Retained earnings4,1003,9543,5613,1752,7972,4492,126
Other undisclosed stockholders' equity attributable to parent    (620)(601)(745)
Total stockholders' equity:12,12211,48711,08610,71210,3529,9779,612
Other undisclosed liabilities and equity13,98012,83211,7768,8298,8068,6067,777
TOTAL LIABILITIES AND EQUITY:39,72538,24136,22032,05330,58029,77827,796

Income statement (P&L) ($ in millions)
Annual | Quarterly

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues8,5118,4487,7527,6397,9557,7427,301
Cost of revenue
(Cost of Goods and Services Sold)		(163)(162)(157)(163)(147)(3,334)(2,627)
Gross profit:8,3488,2867,5957,4767,8084,4084,674
Operating expenses(6,956)(6,748)(5,834)(5,779)(6,191)(6,109)(5,772)
Other undisclosed operating income1631621571631473,3342,627
Operating income:1,5551,7001,9181,8601,7641,6331,529
Nonoperating income1321287846342530
Investment income, nonoperating 18811   
Public utilities, allowance for funds used during construction, capitalized cost of equity 44342619147
Other nonoperating income 1107035   
Interest and debt expense(526)(499)(422)(401)(372)(362)(339)
Income from continuing operations before income taxes:1,1611,3291,5741,5051,4261,2951,221
Income tax expense(263)(289)(579)(555)(540)(468)(427)
Net income:8981,041996950886827794
Net loss attributable to noncontrolling interest     (8)(8)
Other undisclosed net income attributable to parent     88
Net income attributable to parent:8981,041996950886827794
Other undisclosed net loss available to common stockholders, basic(8)(8)(8)(8)(8)(8)(8)
Net income available to common stockholders, diluted:8901,033988942878820786

Comprehensive Income ($ in millions)
Annual | Quarterly

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:8981,041996950886827794
Other comprehensive income (loss)86(1)27(28)27
Comprehensive income:9051,047994951893799821
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(8)(8)(8)(8)(8)88
Other undisclosed comprehensive loss, net of tax, attributable to parent     (15)(15)
Comprehensive income, net of tax, attributable to parent:8981,039987944886792813

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: