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ACQUISITION OF AQUARION AND GOODWILL (Tables)
12 Months Ended
Dec. 31, 2017
Business Combinations [Abstract]  
Schedule of Business Acquisition by Acquisition
The following table presents goodwill by reportable segment:
(Billions of Dollars)
Electric
Distribution
 
Electric
Transmission
 
Natural Gas
Distribution
 
Parent and Other
 
Total
Balance as of January 1, 2017

$
2.5

 
$
0.6

 
$
0.4

 
$

 
$
3.5

Acquisition of Aquarion

 

 

 
0.9

 
0.9

Balance as of December 31, 2017
$
2.5

 
$
0.6

 
$
0.4

 
$
0.9

 
$
4.4

.
The preliminary allocation of the cash purchase price is as follows:
(Millions of Dollars)
 
Current Assets
$
41.2

PP&E
1,034.9

Goodwill
907.9

Other Noncurrent Assets, excluding Goodwill
207.6

Current Liabilities
(121.1
)
Noncurrent Liabilities
(421.6
)
Long-Term Debt
(771.2
)
Total Cash Purchase Price
$
877.7

Business Acquisition, Pro Forma Information
The following unaudited pro forma financial information reflects the pro forma combined results of operations of Eversource and Aquarion and reflects the amortization of purchase price adjustments assuming the acquisition had taken place on January 1, 2016. The unaudited pro forma financial information has been presented for illustrative purposes only and is not necessarily indicative of the consolidated results of operations that would have been achieved or the future consolidated results of operations of Eversource.
 
For the Years Ended December 31,
(Pro forma amounts in millions, except share amounts)
2017
 
2016
Operating Revenues
$
7,947.7

 
$
7,849.0

Net Income Attributable to Common Shareholders
1,019.1

 
969.3

Basic EPS
3.21

 
3.05

Diluted EPS
3.20

 
3.04