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ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Tables)
12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Income/(Loss) by Component, Net of Tax
The changes in accumulated other comprehensive income/(loss) by component, net of tax, are as follows:
 For the Year Ended December 31, 2021For the Year Ended December 31, 2020
Eversource
(Millions of Dollars)
Qualified
Cash Flow
Hedging
Instruments
Unrealized
Gains/(Losses)
on Marketable
Securities
Defined
Benefit
Plans
TotalQualified
Cash Flow
Hedging
Instruments
Unrealized
Gains
on Marketable
Securities
Defined
Benefit
Plans
Total
Balance as of January 1st$(1.4)$1.1 $(76.1)$(76.4)$(3.0)$0.7 $(62.8)$(65.1)
OCI Before Reclassifications— (0.7)24.1 23.4 — 0.4 (19.6)(19.2)
Amounts Reclassified from AOCI1.0 — 9.7 10.7 1.6 — 6.3 7.9 
  Net OCI1.0 (0.7)33.8 34.1 1.6 0.4 (13.3)(11.3)
Balance as of December 31st$(0.4)$0.4 $(42.3)$(42.3)$(1.4)$1.1 $(76.1)$(76.4)
Schedule of Amounts Reclassified from AOCI by Component
The following table sets forth the amounts reclassified from AOCI by component and the impacted line item on the statements of income:
 Amounts Reclassified from AOCI 
Eversource
(Millions of Dollars)
For the Years Ended December 31,Statements of Income
Line Item Impacted
202120202019
Qualified Cash Flow Hedging Instruments$(1.7)$(2.5)$(2.5)Interest Expense
Tax Effect0.7 0.9 1.1 Income Tax Expense
Qualified Cash Flow Hedging Instruments, Net of Tax$(1.0)$(1.6)$(1.4) 
Defined Benefit Plan Costs:    
Amortization of Actuarial Losses$(13.1)$(8.1)$(5.7)
Other Income, Net (1)
Amortization of Prior Service Credit/(Cost)— (0.3)(1.8)
Other Income, Net (1)
Total Defined Benefit Plan Costs(13.1)(8.4)(7.5) 
Tax Effect3.4 2.1 1.9 Income Tax Expense
Defined Benefit Plan Costs, Net of Tax$(9.7)$(6.3)$(5.6) 
Total Amounts Reclassified from AOCI, Net of Tax$(10.7)$(7.9)$(7.0) 

(1)    These amounts are included in the computation of net periodic Pension, SERP and PBOP costs.  See Note 1M, "Summary of Significant Accounting Policies – Other Income, Net" and Note 11A, "Employee Benefits – Pension Benefits and Postretirement Benefits Other Than Pension," for further information.