XML 105 R53.htm IDEA: XBRL DOCUMENT v3.8.0.1
PREFERRED STOCK NOT SUBJECT TO MANDATORY REDEMPTION (Tables)
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Schedule of Preferred Stock
The following table sets forth the Eversource parent common shares and the shares of common stock of CL&P, NSTAR Electric and PSNH that were authorized and issued, as well as the respective per share par values:  
 
Shares
 

Par Value
 
Authorized as of December 31, 2017 and 2016
 
Issued as of December 31,
2017
 
2016
Eversource
$
5

 
380,000,000

 
333,878,402

 
333,878,402

CL&P
$
10

 
24,500,000

 
6,035,205

 
6,035,205

NSTAR Electric
$
1

 
100,000,000

 
200

 
200

PSNH
$
1

 
100,000,000

 
301

 
301


Details of preferred stock not subject to mandatory redemption are as follows (in millions, except in redemption price and shares):
 
 
Redemption Price
Per Share
 
Shares Outstanding as of December 31,
 
As of December 31,
Series
 
2017
 
2016
 
2017
 
2016
CL&P
 
 
 
 
 
 
 
 
 
 
$1.90
Series of 1947
 
$
52.50

 
163,912

 
163,912

 
$
8.2

 
$
8.2

$2.00
Series of 1947
 
$
54.00

 
336,088

 
336,088

 
16.8

 
16.8

$2.04
Series of 1949
 
$
52.00

 
100,000

 
100,000

 
5.0

 
5.0

$2.20
Series of 1949
 
$
52.50

 
200,000

 
200,000

 
10.0

 
10.0

3.90%
Series of 1949
 
$
50.50

 
160,000

 
160,000

 
8.0

 
8.0

$2.06
Series E of 1954
 
$
51.00

 
200,000

 
200,000

 
10.0

 
10.0

$2.09
Series F of 1955
 
$
51.00

 
100,000

 
100,000

 
5.0

 
5.0

4.50%
Series of 1956
 
$
50.75

 
104,000

 
104,000

 
5.2

 
5.2

4.96%
Series of 1958
 
$
50.50

 
100,000

 
100,000

 
5.0

 
5.0

4.50%
Series of 1963
 
$
50.50

 
160,000

 
160,000

 
8.0

 
8.0

5.28%
Series of 1967
 
$
51.43

 
200,000

 
200,000

 
10.0

 
10.0

$3.24
Series G of 1968
 
$
51.84

 
300,000

 
300,000

 
15.0

 
15.0

6.56%
Series of 1968
 
$
51.44

 
200,000

 
200,000

 
10.0

 
10.0

Total CL&P
 
 
 
2,324,000

 
2,324,000

 
$
116.2

 
$
116.2

NSTAR Electric
 
 
 
 
 
 
 
 
 
 
4.25%
Series of 1956
 
$
103.625

 
180,000

 
180,000

 
$
18.0

 
$
18.0

4.78%
Series of 1958
 
$
102.80

 
250,000

 
250,000

 
25.0

 
25.0

Total NSTAR Electric
 
 
 
430,000

 
430,000

 
$
43.0

 
$
43.0

Fair Value Adjustment due to Merger with NSTAR
 
 
 
 
 
(3.6
)
 
(3.6
)
Other
 
 
 
 
 
 
 
 
 
 
6.00%
Series of 1958
 
$
100.00

 
23

 

 
$

 
$

Total Eversource - Preferred Stock of Subsidiaries
 
 
 
 
 
$
155.6

 
$
155.6