ACCUMULATED OTHER COMPREHENSIVE INCOME

6 Months Ended

Jun. 30, 2016

Notes To Consolidated Financial Statements [Abstract]

Comprehensive Income Note [Text Block]

10.       ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

The changes in accumulated other comprehensive income/(loss) by component, net of tax, is as follows:

	For the Six Months Ended June 30, 2016								For the Six Months Ended June 30, 2015
	Qualified		Unrealized						Qualified		Unrealized
	Cash Flow		Gains/(Losses)		Defined				Cash Flow		Gains/(Losses)		Defined
Eversource	Hedging		on Marketable		Benefit				Hedging		on Marketable		Benefit
(Millions of Dollars)	Instruments		Securities		Plans		Total		Instruments		Securities		Plans		Total
Balance as of Beginning of Period	$	(10.3)	$	(1.9)	$	(54.6)	$	(66.8)	$	(12.4)	$	0.7	$	(62.3)	$	(74.0)
OCI Before Reclassifications		-		1.3		(2.6)		(1.3)		-		(1.1)		(0.4)		(1.5)
Amounts Reclassified from AOCI		1.1		-		1.6		2.7		1.0		-		2.5		3.5
Net OCI		1.1		1.3		(1.0)		1.4		1.0		(1.1)		2.1		2.0
Balance as of End of Period	$	(9.2)	$	(0.6)	$	(55.6)	$	(65.4)	$	(11.4)	$	(0.4)	$	(60.2)	$	(72.0)

Eversource's qualified cash flow hedging instruments represent interest rate swap agreements on debt issuances that were settled in prior years. The settlement amount was recorded in AOCI and is being amortized into Net Income over the term of the underlying debt instrument.CL&P, PSNH and WMECO continue to amortize interest rate swaps settled in prior years from AOCI into Interest Expense over the remaining life of the associated long-term debt. Such interest rate swaps are not material to their respective financial statements.

Defined benefit plan OCI amounts before reclassifications relate to actuarial gains and losses that arose during the year and were recognized in AOCI.

The amortization expense of actuarial gains and losses on the defined benefit plans is amortized from AOCI into Operations and Maintenance expense over the average future employee service period, and is reflected in amounts reclassified from AOCI.