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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Carrying Amounts and Estimated Fair Values of Financial Instruments Carrying amounts and estimated fair values are as follows:
 
Eversource
 
CL&P
 
NSTAR Electric
 
PSNH
(Millions of Dollars)
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
As of June 30, 2020:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Preferred Stock Not Subject to Mandatory Redemption
$
155.6

 
$
164.9

 
$
116.2

 
$
120.5

 
$
43.0

 
$
44.4

 
$

 
$

Long-Term Debt
14,398.7

 
16,329.6

 
3,518.1

 
4,251.6

 
3,642.6

 
4,240.9

 
951.6

 
1,050.3

Rate Reduction Bonds
561.7

 
619.2

 

 

 

 

 
561.7

 
619.2

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of December 31, 2019:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Preferred Stock Not Subject to Mandatory Redemption
$
155.6

 
$
162.0

 
$
116.2

 
$
117.8

 
$
43.0

 
$
44.2

 
$

 
$

Long-Term Debt
14,098.2

 
15,170.2

 
3,518.1

 
4,058.0

 
3,342.1

 
3,659.9

 
951.6

 
1,005.7

Rate Reduction Bonds
583.3

 
625.9

 

 

 

 

 
583.3

 
625.9