Company: CNLHP
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000072741-25-000007
Chunk: 387

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 387
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 of Dollars, except share information)For the Years Ended December 31,202420232022Net Income/(Loss) Attributable to Common Shareholders$811.7 $(442.2)$1,404.9 Weighted Average Common Shares Outstanding:   Basic357,482,965 349,580,638 346,783,444 Dilutive Effect296,443 259,843 463,324 Diluted357,779,408 349,840,481 347,246,768 Basic Earnings/(Loss) Per Common Share$2.27 $(1.27)$4.05 Diluted Earnings/(Loss) Per Common Share$2.27 $(1.26)$4.05 

22.    REVENUES

Revenue is recognized when promised goods or services (referred to as performance obligations) are transferred to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services.  A five-step model is used for recognizing and measuring revenue from contracts with customers, which includes identifying the contract with the customer, identifying the performance obligations promised within the contract, determining the transaction price (the amount of consideration to which the company expects to be entitled), allocating the transaction price to the performance obligations and recognizing revenue when (or as) the performance obligation is satisfied. The following tables present operating revenues disaggregated by revenue source:For the Year Ended December 31, 2024Eversource(Millions of Dollars)ElectricDistributionNatural Gas DistributionElectric TransmissionWater DistributionOtherEliminationsTotalRevenues from Contracts with CustomersRetail Tariff SalesResidential $4,904.8 $1,129.1 $— $150.4 $— $— $6,184.3 Commercial 2,973.3 588.0 — 70.3 — (7.7)3,623.9 Industrial389.0 172.5 — 4.7 — (22.4)543.8 Total Retail Tariff Sales Revenues8,267.1 1,889.6 — 225.4 — (30.1)10,352.0 Wholesale Transmission Revenues— — 2,032.4 — — (1,529.3)503.1 Wholesale Market Sales Revenues658.9