COMMON SHARESHOLDERS' EQUITY AND NONCONTROLLING INTERESTS (NU)

6 Months Ended

Jun. 30, 2012

Notes To Consolidated Financial Statements [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

13.COMMON SHAREHOLDERS' EQUITY AND NONCONTROLLING INTERESTS (NU)

A summary of the changes in Common Shareholders' Equity and Noncontrolling Interests of NU is as follows:

		For the Three Months Ended
		June 30, 2012								June 30, 2011
								Noncontrolling								Noncontrolling
		Common						Interest -		Common						Interest -
		Shareholders'		Noncontrolling		Total		Preferred Stock		Shareholders'		Noncontrolling		Total		Preferred Stock
(Millions of Dollars)		Equity		Interest		Equity		of Subsidiaries		Equity		Interest		Equity		of Subsidiaries
Balance as of Beginning
	of Period	$	4,068.3	$	3.4	$	4,071.7	$	116.2	$	3,885.3	$	1.5	$	3,886.8	$	116.2
Net Income			46.2		-		46.2		-		78.7		-		78.7		-
Purchase Price of NSTAR(1)			5,038.3		-		5,038.3		-		-		-		-		-
Other Impacts of Merger with
	NSTAR(2)		3.4		(3.4)		-		39.4		-		-		-		-
Dividends on Common Shares			(107.6)		-		(107.6)		-		(48.9)		-		(48.9)		-
Dividends on Preferred Stock			(1.9)		-		(1.9)		(1.9)		(1.4)		-		(1.4)		(1.4)
Issuance of Common Shares			5.2		-		5.2		-		-		-		-		-
Contributions to NPT			-		-		-		-		-		0.3		0.3		-
Other Transactions, Net			13.3		-		13.3		-		6.0		-		6.0		-
Net Income Attributable to
	Noncontrolling Interests		-		-		-		1.9		-		-		-		1.4
Other Comprehensive Income			2.4		-		2.4		-		(4.6)		-		(4.6)		-
Balance as of End of Period		$	9,067.6	$	-	$	9,067.6	$	155.6	$	3,915.1	$	1.8	$	3,916.9	$	116.2
		For the Six Months Ended
		June 30, 2012								June 30, 2011
								Noncontrolling								Noncontrolling
		Common						Interest -		Common						Interest -
		Shareholders'		Noncontrolling		Total		Preferred Stock		Shareholders'		Noncontrolling		Total		Preferred Stock
(Millions of Dollars)		Equity		Interest		Equity		of Subsidiaries		Equity		Interest		Equity		of Subsidiaries
Balance as of Beginning
	of Period	$	4,012.7	$	3.0	$	4,015.7	$	116.2	$	3,811.2	$	1.5	$	3,812.7	$	116.2
Net Income			147.0		-		147.0		-		194.3		-		194.3		-
Purchase Price of NSTAR(1)			5,038.3		-		5,038.3		-		-		-		-		-
Other Impacts of Merger with
	NSTAR(2)		3.4		(3.4)		-		39.4		-		-		-		-
Dividends on Common Shares			(160.2)		-		(160.2)		-		(97.7)		-		(97.7)		-
Dividends on Preferred Stock			(3.3)		-		(3.3)		(3.3)		(2.8)		-		(2.8)		(2.8)
Issuance of Common Shares			11.4		-		11.4		-		4.2		-		4.2		-
Contributions to NPT			-		0.3		0.3		-		-		0.3		0.3		-
Other Transactions, Net			14.1		-		14.1		-		8.3		-		8.3		-
Net Income Attributable to
	Noncontrolling Interests		(0.1)		0.1		-		3.3		-		-		-		2.8
Other Comprehensive Income			4.3		-		4.3		-		(2.4)		-		(2.4)		-
Balance as of End of Period		$	9,067.6	$	0.0	$	9,067.6	$	155.6	$	3,915.1	$	1.8	$	3,916.9	$	116.2

• On April 10, 2012, in connection with the consummation of the merger with NSTAR, NU issued approximately 136 million common shares to the NSTAR shareholders.See Note 2, "Merger of NU and NSTAR," for further information.
• The preferred stock of NSTAR Electric is not subject to mandatory redemption and has been presented as a noncontrolling interest in NSTAR Electric in the accompanying unaudited condensed consolidated financial statements of NU. In addition, upon completion of the merger, an NSTAR subsidiary that held 25 percent of NPT was merged into NUTV, resulting in NUTV owning 100 percent of NPT. Accordingly, the noncontrolling interest balance was eliminated and 100 percent ownership of NPT is reflected in Common Shareholders' Equity as of June 30, 2012.

For the three and six months ended June 30, 2012, there was no change in NU parent's 100 percent ownership of the common equity of CL&P.