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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2023
Fair Value Disclosures [Abstract]  
Carrying Amounts and Estimated Fair Values of Financial Instruments Carrying amounts and estimated fair values are as follows:
 EversourceCL&PNSTAR ElectricPSNH
(Millions of Dollars)Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
As of June 30, 2023:        
Preferred Stock Not Subject to Mandatory Redemption
$155.6 $136.5 $116.2 $99.3 $43.0 $37.2 $— $— 
Long-Term Debt23,834.4 21,761.1 4,607.3 4,252.5 4,426.9 4,106.7 1,459.4 1,281.1 
Rate Reduction Bonds432.1 407.9 — — — — 432.1 407.9 
As of December 31, 2022:        
Preferred Stock Not Subject to Mandatory Redemption
$155.6 $136.7 $116.2 $99.2 $43.0 $37.5 $— $— 
Long-Term Debt21,044.1 18,891.3 4,216.5 3,828.3 4,425.1 4,091.8 1,164.6 970.5 
Rate Reduction Bonds453.7 424.7 — — — — 453.7 424.7