XML 42 R50.htm IDEA: XBRL DOCUMENT v2.4.0.6
Merger of NU and NSTAR (Details) (USD $)
In Millions, except Share data, unless otherwise specified
0 Months Ended 3 Months Ended 9 Months Ended
Apr. 09, 2012
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Business Acquisition, Cost of Acquired Entity, Purchase Price [Abstract]          
Number of NSTAR Shares Outstanding 103,696,000        
Exchange Ratio 1.312        
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares 136,049,000        
Business Acquisition Share Price $ 36.79        
Business Acquisition, Cost of Acquired Entity, Equity Interests Issued and Issuable $ 5,005.0        
Business Acquisition, Cost of Acquired Entity, Other Noncash Consideration 33.0        
Business Acquisition, Cost of Acquired Entity, Purchase Price 5,038.0 5,038.0   5,038.0  
Business Acquisition, Purchase Price Allocation [Abstract]          
Business Acquisition, Purchase Price Allocation, Current Assets   754.0   754.0  
Business Acquisition, Purchase Price Allocation, Property, Plant and Equipment   5,155.0   5,155.0  
Business Acquisition, Purchase Price Allocation, Goodwill Amount   3,231.0   3,231.0  
Business Acquisition, Purchase Price Allocation, Other Noncurrent Assets   2,115.0   2,115.0  
Business Acquisition, Purchase Price Allocation, Current Liabilities   (1,332.0)   (1,332.0)  
Business Acquisition, Purchase Price Allocation, Other Noncurrent Liabilities   (2,723.0)   (2,723.0)  
Business Acquisition, Purchase Price Allocation, Noncurrent Liabilities, Long-term Debt   (2,123.0)   (2,123.0)  
Business Aquisition, Purchase Price Allocation, Preferred Stock   (39.0)   (39.0)  
Total Purchase Price 5,038.0 5,038.0   5,038.0  
Business Acquisition, Pro Forma Information [Abstract]          
Business Acquisition, Pro Forma Revenue   1,862.0 1,883.0 5,321.0 5,637.0
Business Acquisition, Pro Forma Net Income (Loss)   208.0 190.0 455.0 518.0
Business Acquisition, Pro Forma Earnings Per Share, Basic   $ 0.66 $ 0.61 $ 1.45 $ 1.65
Business Acquisition, Pro Forma Earnings Per Share, Diluted   $ 0.66 $ 0.60 $ 1.44 $ 1.64
CustomerRateCreditsForBusinessCombination       46.0  
StormCostDeferralReduction       40.0  
EnergyEfficiencyFundEstablishment       15.0  
TotalImpactOfSettlementAgreements       101.0  
BusinessCombinationAfterTaxTransactionCosts   1.0 1.0 31.0 17.0
AfterTaxSettlementCostsIncurred   0 0 60.0 0
AfterTaxCostsIncurredinConnectionwithMerger   1.0 1.0 91.0 17.0
Business Combination, Description [Abstract]          
Business Acquisition, Percentage of Voting Interests Acquired 100.00%        
Common Stock, Shares, Outstanding 314,000,000        
Business Acquisition, Number of Shares Awards Vested Immediately Prior to Merger       109,000  
Business Aquisition, Description of Settlement Agreements       Regulatory Approvals: On February 15, 2012, NU and NSTAR reached comprehensive settlement agreements with the Massachusetts Attorney General and the DOER related to the merger. On April 4, 2012, the DPU approved the settlement agreements and the merger of NU and NSTAR. On March 13, 2012, NU and NSTAR reached a comprehensive settlement agreement with both the Connecticut Attorney General and the Connecticut Office of Consumer Counsel. On April 2, 2012, the PURA approved the settlement agreement and the merger of NU and NSTAR. The settlement agreements included base distribution rate freezes until December 1, 2014 for CL&P and through 2015 for NSTAR Electric, NSTAR Gas and WMECO.  
Business Combination, Goodwill Recognized, Segment Allocation   Goodwill Allocation: NU's reporting units consist of the combined Electric Distribution, Electric Transmission and Natural Gas Distribution. The preliminary estimate of goodwill from the merger with NSTAR of $3.2 billion has been assigned to NU's reporting units based on relative fair values. As of September 30, 2012, the preliminary allocation of goodwill to each reporting unit was $2.3 billion to Electric Distribution, $0.7 billion to Electric Transmission and $0.5 billion to Natural Gas Distribution, including $0.3 billion of pre-existing goodwill applicable to Yankee Gas. NU's reporting units are consistent with its reportable business segments.      
Nstar [Member]
         
Business Combination, Description [Abstract]          
RevenuesfromAcquiredCompany   736.2   1,337.6  
NetIncomeFromAcquiredCompany   105.0   141.0  
The Connecticut Light And Power Company [Member]
         
Business Acquisition, Pro Forma Information [Abstract]          
CustomerRateCreditsForBusinessCombination       25.0  
StormCostDeferralReduction       40.0  
TotalImpactOfSettlementAgreements       65.0  
NSTAR Electric Company [Member]
         
Business Acquisition, Pro Forma Information [Abstract]          
CustomerRateCreditsForBusinessCombination       15.0  
TotalImpactOfSettlementAgreements       15.0  
Western Massachusetts Electric Company [Member]
         
Business Acquisition, Pro Forma Information [Abstract]          
CustomerRateCreditsForBusinessCombination       3.0  
TotalImpactOfSettlementAgreements       $ 3.0