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MARKETABLE SECURITIES (Tables)
12 Months Ended
Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-sale Securities Reconciliation
The following is a summary of available-for-sale securities, which are recorded at fair value and are included in current and long-term Marketable Securities on the balance sheets.
 
As of December 31,
 
2016
 
2015
(Millions of Dollars)
Amortized
Cost
 
Pre-Tax
Unrealized
Gains
 
Pre-Tax
Unrealized
Losses
 
Fair Value
 
Amortized
Cost
 
Pre-Tax
Unrealized
Gains
 
Pre-Tax
Unrealized
Losses
 
Fair Value
Eversource
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Debt Securities
$
296.2

 
$
1.1

 
$
(2.1
)
 
$
295.2

 
$
256.5

 
$
4.5

 
$
(0.6
)
 
$
260.4

Equity Securities
203.3

 
62.3

 
(1.2
)
 
264.4

 
215.3

 
59.2

 
(3.4
)
 
271.1

Investments Classified by Contractual Maturity Date
As of December 31, 2016, the contractual maturities of available-for-sale debt securities were as follows:    
Eversource
(Millions of Dollars)
Amortized
Cost
 
Fair
Value
 
Less than one year (1)
$
60.5

 
$
60.3

One to five years
45.4

 
45.8

Six to ten years
59.7

 
58.3

Greater than ten years
130.6

 
130.8

Total Debt Securities
$
296.2

 
$
295.2


(1)  
Amounts in the Less than one year category include securities in the CYAPC and YAEC nuclear decommissioning trusts, which are restricted and are classified in long-term Marketable Securities on the balance sheets.
Marketable Securities Recorded at Fair Value
The following table presents the marketable securities recorded at fair value on a recurring basis by the level in which they are classified within the fair value hierarchy:
Eversource
(Millions of Dollars)
As of December 31,
2016
 
2015
Level 1:  
 
 
 
Mutual Funds and Equities
$
274.0

 
$
285.3

Money Market Funds
54.8

 
26.9

Total Level 1
$
328.8

 
$
312.2

Level 2:
 
 
 
U.S. Government Issued Debt Securities (Agency and Treasury)
$
63.0

 
$
46.6

Corporate Debt Securities
41.1

 
43.9

Asset-Backed Debt Securities
18.5

 
20.0

Municipal Bonds
107.5

 
111.4

Other Fixed Income Securities
10.3

 
11.6

Total Level 2
$
240.4

 
$
233.5

Total Marketable Securities
$
569.2

 
$
545.7