MARKETABLE SECURITIES (Tables)

6 Months Ended

Jun. 30, 2020

Investments, Debt and Equity Securities [Abstract]

Summary of Available-for-Sale Debt Securities

The following is a summary of the available-for-sale debt securities, which are recorded at fair value and are included in current and long-term Marketable Securities on the balance sheets.



	As of June 30, 2020									As of December 31, 2019
Eversource (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
Debt Securities	$	219.0	$	9.6	$	(0.2	)	$	228.4	$	228.4	$	5.8	$	(0.1	)	$	234.1

Contractual Maturities of Available-for-Sale Debt Securities

As of June 30, 2020, 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⁾	$	51.0	$	51.0
One to five years	44.7		46.5
Six to ten years	41.0		43.3
Greater than ten years	82.3		87.6
Total Debt Securities	$	219.0	$	228.4

⁽¹⁾

Amounts in the Less than one year category include securities in the CYAPC and YAEC spent nuclear fuel trusts, which are restricted and are classified in long-term Marketable Securities on the balance sheets.

Marketable Securities Recorded at Fair Value on a Recurring Basis by Level

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 June 30, 2020		As of December 31, 2019
Level 1:
Mutual Funds and Equities	$	213.9	$	228.5
Money Market Funds	45.4		46.0
Total Level 1	$	259.3	$	274.5
Level 2:
U.S. Government Issued Debt Securities (Agency and Treasury)	$	62.6	$	96.8
Corporate Debt Securities	64.1		44.0
Asset-Backed Debt Securities	12.8		12.9
Municipal Bonds	33.8		26.7
Other Fixed Income Securities	9.7		7.7
Total Level 2	$	183.0	$	188.1
Total Marketable Securities	$	442.3	$	462.6