REGULATORY ACCOUNTING (Tables)

6 Months Ended

Jun. 30, 2020

Regulated Operations [Abstract]

Components of Regulatory Assets

The components of regulatory assets were as follows:

	As of June 30, 2020								As of December 31, 2019
(Millions of Dollars)	Eversource		CL&P		NSTAR Electric		PSNH		Eversource		CL&P		NSTAR Electric		PSNH
Benefit Costs	$	2,306.7	$	493.5	$	615.6	$	209.9	$	2,382.9	$	539.0	$	629.8	$	218.2
Income Taxes, Net	731.8		462.4		109.1		12.6		725.8		458.8		108.0		12.8
Securitized Stranded Costs	543.7		—		—		543.7		565.3		—		—		565.3
Storm Restoration Costs, Net	486.6		251.9		176.9		57.8		540.6		274.6		200.6		65.4
Regulatory Tracker Mechanisms	590.7		251.0		222.4		106.7		411.5		78.3		207.1		65.8
Derivative Liabilities	321.9		322.0		—		—		334.5		329.2		—		—
Goodwill-related	323.1		—		277.4		—		331.5		—		284.6		—
Asset Retirement Obligations	102.5		31.7		53.8		3.7		97.2		30.8		50.3		3.6
Other Regulatory Assets	127.6		24.5		59.2		14.8		125.4		25.2		55.2		14.7
Total Regulatory Assets	5,534.6		1,837.0		1,514.4		949.2		5,514.7		1,735.9		1,535.6		945.8
Less:  Current Portion	805.1		349.2		296.4		110.3		651.1		178.6		285.6		84.1
Total Long-Term Regulatory Assets	$	4,729.5	$	1,487.8	$	1,218.0	$	838.9	$	4,863.6	$	1,557.3	$	1,250.0	$	861.7

Components of Regulatory Liabilities

The components of regulatory liabilities were as follows:

	As of June 30, 2020								As of December 31, 2019
(Millions of Dollars)	Eversource		CL&P		NSTAR Electric		PSNH		Eversource		CL&P		NSTAR Electric		PSNH
EDIT due to Tax Cuts and Jobs Act	$	2,817.7	$	1,016.7	$	1,056.5	$	390.1	$	2,844.6	$	1,022.8	$	1,071.2	$	392.8
Cost of Removal	590.5		84.6		345.7		12.1		559.8		64.6		330.6		16.3
Benefit Costs	83.9		—		72.4		—		84.5		—		72.2		—
Regulatory Tracker Mechanisms	417.7		156.4		154.9		78.6		325.1		94.8		165.6		57.0
AFUDC - Transmission	75.5		45.3		30.2		—		73.2		46.0		27.2		—
Other Regulatory Liabilities	136.6		35.8		52.8		8.6		132.0		19.6		59.0		13.1
Total Regulatory Liabilities	4,121.9		1,338.8		1,712.5		489.4		4,019.2		1,247.8		1,725.8		479.2
Less:  Current Portion	442.0		155.2		185.3		83.6		361.2		82.8		209.2		65.8
Total Long-Term Regulatory Liabilities	$	3,679.9	$	1,183.6	$	1,527.2	$	405.8	$	3,658.0	$	1,165.0	$	1,516.6	$	413.4