SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2019

Eversource is organized into the Electric Distribution, Electric Transmission, Natural Gas Distribution and Water Distribution reportable segments and Other based on a combination of factors, including the characteristics of each segments' services, the sources of operating revenues and expenses and the regulatory environment in which each segment operates. These reportable segments represent substantially all of Eversource's total consolidated revenues. Revenues from the sale of electricity, natural gas and water primarily are derived from residential, commercial and industrial customers and are not dependent on any single customer. The Electric Distribution reportable segment includes the results of PSNH's generation facilities prior to sales in January and August 2018, and NSTAR Electric's solar power facilities. Eversource's reportable segments are determined based upon the level at which Eversource's chief operating decision maker assesses performance and makes decisions about the allocation of company resources.

The remainder of Eversource's operations is presented as Other in the tables below and primarily consists of 1) the equity in earnings of Eversource parent from its subsidiaries and intercompany interest income, both of which are eliminated in consolidation, and interest expense related to the debt of Eversource parent, 2) the revenues and expenses of Eversource Service, most of which are eliminated in consolidation, 3) the operations of CYAPC and YAEC, 4) Eversource Water Ventures, Inc., parent company of Aquarion, and 5) the results of other unregulated subsidiaries, which are not part of its core business. In addition, Other in the tables below includes Eversource parent's equity ownership interests that are not consolidated, which include a natural gas pipeline owned by Enbridge, Inc., the offshore wind business, a renewable energy investment fund, and two companies that transmit hydroelectricity imported from the Hydro-Quebec system in Canada. In the ordinary course of business, Yankee Gas and NSTAR Gas purchase natural gas transmission services from the Enbridge, Inc. natural gas pipeline project described above. These affiliate transaction costs total approximately $62.5 million annually and are classified as Purchased Power, Fuel and Transmission on the Eversource statements of income.

Each of Eversource's subsidiaries, including CL&P, NSTAR Electric and PSNH, has one reportable segment.

Cash flows used for investments in plant included in the segment information below are cash capital expenditures that do not include amounts incurred but not paid, cost of removal, AFUDC related to equity funds, and the capitalized portions of pension and PBOP expense.

Eversource's segment information is as follows:



	For the Three Months Ended September 30, 2019
Eversource (Millions of Dollars)	Electric Distribution			Natural Gas Distribution			Electric Transmission			Water Distribution			Other			Eliminations			Total
Operating Revenues	$	1,931.6		$	103.4		$	347.8		$	64.2		$	258.1		$	(529.3	)	$	2,175.8
Depreciation and Amortization	(188.4		)	(16.1		)	(64.3		)	(11.1		)	(17.2		)	0.6			(296.5		)
Other Operating Expenses	(1,448.2		)	(99.3		)	(159.6		)	(25.5		)	(275.9		)	638.4			(1,370.1		)
Operating Income/(Loss)	$	295.0		$	(12.0	)	$	123.9		$	27.6		$	(35.0	)	$	109.7		$	509.2
Interest Expense	$	(53.2	)	$	(11.7	)	$	(33.6	)	$	(8.9	)	$	(41.7	)	$	13.9		$	(135.2	)
Other Income/(Loss), Net	13.9			—			61.4			(0.2		)	497.0			(545.1		)	27.0
Net Income/(Loss) Attributable to Common Shareholders	197.3			(17.1		)	107.5			17.5			435.2			(421.5		)	318.9

	For the Nine Months Ended September 30, 2019
Eversource (Millions of Dollars)	Electric Distribution			Natural Gas Distribution			Electric Transmission			Water Distribution			Other			Eliminations			Total
Operating Revenues	$	5,327.2		$	779.9		$	1,037.9		$	163.5		$	767.1		$	(1,599.5	)	$	6,476.1
Depreciation and Amortization	(517.6		)	(56.0		)	(188.0		)	(35.0		)	(45.6		)	1.7			(840.5		)
Impairment of Northern Pass Transmission	—			—			(239.6		)	—			—			—			(239.6		)
Other Operating Expenses	(4,166.8		)	(620.4		)	(366.9		)	(75.4		)	(719.8		)	1,708.2			(4,241.1		)
Operating Income	$	642.8		$	103.5		$	243.4		$	53.1		$	1.7		$	110.4		$	1,154.9
Interest Expense	$	(153.3	)	$	(35.4	)	$	(94.5	)	$	(26.2	)	$	(130.3	)	$	40.0		$	(399.7	)
Other Income, Net	44.2			1.1			78.2			0.2			813.7			(833.6		)	103.8
Net Income Attributable to Common Shareholders	422.7			57.6			138.4			26.3			697.2			(683.2		)	659.0
Cash Flows Used for Investments in Plant	861.0			327.8			686.7			79.9			173.6			—			2,129.0



	For the Three Months Ended September 30, 2018
Eversource (Millions of Dollars)	Electric Distribution			Natural Gas Distribution			Electric Transmission			Water Distribution			Other			Eliminations			Total
Operating Revenues	$	2,027.4		$	109.0		$	330.6		$	63.5		$	224.6		$	(483.7	)	$	2,271.4
Depreciation and Amortization	(206.1		)	(13.9		)	(58.3		)	(11.7		)	(12.0		)	0.6			(301.4		)
Other Operating Expenses	(1,562.2		)	(102.4		)	(96.7		)	(25.5		)	(200.9		)	483.7			(1,504.0		)
Operating Income/(Loss)	$	259.1		$	(7.3	)	$	175.6		$	26.3		$	11.7		$	0.6		$	466.0
Interest Expense	$	(52.4	)	$	(11.3	)	$	(30.3	)	$	(8.5	)	$	(30.5	)	$	7.8		$	(125.2	)
Other Income, Net	32.2			1.5			9.0			0.7			251.7			(278.4		)	16.7
Net Income/(Loss) Attributable to Common Shareholders	173.8			(12.6		)	109.5			17.6			271.1			(270.0		)	289.4



	For the Nine Months Ended September 30, 2018
Eversource (Millions of Dollars)	Electric Distribution			Natural Gas Distribution			Electric Transmission			Water Distribution			Other			Eliminations			Total
Operating Revenues	$	5,321.8		$	740.5		$	953.0		$	161.5		$	692.5		$	(1,456.1	)	$	6,413.2
Depreciation and Amortization	(486.0		)	(59.6		)	(171.8		)	(34.6		)	(35.9		)	1.7			(786.2		)
Other Operating Expenses	(4,238.6		)	(585.7		)	(268.7		)	(73.9		)	(617.2		)	1,457.0			(4,327.1		)
Operating Income	$	597.2		$	95.2		$	512.5		$	53.0		$	39.4		$	2.6		$	1,299.9
Interest Expense	$	(152.0	)	$	(33.7	)	$	(89.9	)	$	(25.5	)	$	(94.8	)	$	23.2		$	(372.7	)
Other Income/(Loss), Net	70.9			5.1			26.7			(0.4		)	913.8			(915.4		)	100.7
Net Income Attributable to Common Shareholders	379.3			50.2			329.6			26.3			905.9			(889.6		)	801.7
Cash Flows Used for Investments in Plant	717.4			245.5			735.8			68.1			118.3			—			1,885.1

The following table summarizes Eversource's segmented total assets:



Eversource (Millions of Dollars)	Electric Distribution		Natural Gas Distribution		Electric Transmission		Water Distribution		Other		Eliminations			Total
As of September 30, 2019	$	21,999.4	$	4,103.5	$	10,666.9	$	2,311.9	$	19,137.8	$	(18,494.1	)	$	39,725.4
As of December 31, 2018	21,389.1		3,904.9		10,285.0		2,253.0		17,874.2		(17,464.9		)	38,241.3

For further information regarding the 2019 impairment of NPT, see Note 1C, "Summary of Significant Accounting Policies - Impairment of Northern Pass Transmission," to the financial statements.