XML 80 R61.htm IDEA: XBRL DOCUMENT v3.23.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)
customer in Millions
3 Months Ended 6 Months Ended
May 26, 2023
USD ($)
May 25, 2023
USD ($)
a
mile
project
Jun. 30, 2023
USD ($)
mi²
project
mile
Mar. 31, 2023
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
mi²
customer
project
mile
regulatedUtility
Jun. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Mar. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Summary of Accounting Policies [Line Items]                    
Number of electric, natural gas and water customers | customer           4.4        
Allowance for uncollectible accounts for late fees and other receivable amounts     $ 532,400,000 $ 535,100,000 $ 457,800,000 $ 532,400,000 $ 457,800,000 $ 486,300,000 $ 432,200,000 $ 417,400,000
Number of offshore wind projects | project   3 3     3        
Payments for investment           $ 390,002,000 277,001,000      
Impairment charge     $ 401,000,000   0 401,000,000 0      
After-tax impairment     331,000,000              
Valuation allowance     40,000,000     40,000,000        
Energy Relief Fund - Merrimack Valley Programs                    
Summary of Accounting Policies [Line Items]                    
Restricted cash, current     20,000,000     20,000,000   20,000,000    
Restricted cash, noncurrent     14,400,000     14,400,000   15,900,000    
COVID-19                    
Summary of Accounting Policies [Line Items]                    
Allowance for uncollectible accounts for late fees and other receivable amounts     50,900,000     50,900,000   50,900,000    
CL&P                    
Summary of Accounting Policies [Line Items]                    
Allowance for uncollectible accounts for late fees and other receivable amounts     262,800,000 253,400,000 192,700,000 $ 262,800,000 192,700,000 225,300,000 180,500,000 181,300,000
Period of accounts receivable recoverable under financial or medical duress           180 days        
CL&P | COVID-19                    
Summary of Accounting Policies [Line Items]                    
Allowance for uncollectible accounts for late fees and other receivable amounts     16,000,000     $ 16,000,000   16,000,000    
NSTAR Electric                    
Summary of Accounting Policies [Line Items]                    
Allowance for uncollectible accounts for late fees and other receivable amounts     97,800,000 94,600,000 100,500,000 97,800,000 100,500,000 95,000,000.0 94,800,000 97,000,000.0
NSTAR Electric | COVID-19                    
Summary of Accounting Policies [Line Items]                    
Allowance for uncollectible accounts for late fees and other receivable amounts     4,100,000     4,100,000   4,100,000    
PSNH                    
Summary of Accounting Policies [Line Items]                    
Allowance for uncollectible accounts for late fees and other receivable amounts     12,700,000 33,500,000 $ 27,300,000 12,700,000 $ 27,300,000 29,200,000 $ 26,200,000 $ 24,300,000
PSNH | COVID-19                    
Summary of Accounting Policies [Line Items]                    
Allowance for uncollectible accounts for late fees and other receivable amounts     $ 0     $ 0   $ 0    
Yankee Gas                    
Summary of Accounting Policies [Line Items]                    
Period of accounts receivable recoverable under financial or medical duress           90 days        
Connecticut, Massachusetts and New Hampshire                    
Summary of Accounting Policies [Line Items]                    
Number of regulated utilities | regulatedUtility           12        
Offshore Wind Business                    
Summary of Accounting Policies [Line Items]                    
Ownership interest (percent)   50.00% 50.00%     50.00%        
Lease area off coasts of Massachusetts and Rhode Island (in square miles) | mi²     257     257        
Adjacent lease area (in square miles) | mi²     300     300        
Number of miles off south coast of Massachusetts | mile     25     25        
North East Offshore                    
Summary of Accounting Policies [Line Items]                    
Ownership interest (percent)     50.00%     50.00%        
Renewable Energy Investment Fund                    
Summary of Accounting Policies [Line Items]                    
Ownership interest (percent)     90.00%     90.00%        
Proceeds from sale of equity method investments     $ 23,600,000 $ 123,400,000   $ 147,000,000        
Renewable Energy Investment Fund | Equity Method Investee                    
Summary of Accounting Policies [Line Items]                    
Charitable contributions     $ 20,000,000              
Uncommitted Lease Area                    
Summary of Accounting Policies [Line Items]                    
Ownership interest (percent)   50.00%                
Uncommitted area of developable acres (in acres) | a   175,000                
Number of miles off south coast of Massachusetts | mile   25                
Payments for investment   $ 625,000,000                
Uncommitted Lease Area | Orsted                    
Summary of Accounting Policies [Line Items]                    
Ownership interest (percent)   50.00%                
South Fork Wind, LLC                    
Summary of Accounting Policies [Line Items]                    
Ownership interest (percent)   50.00% 50.00%     50.00%        
Payments for investment $ 575,000,000                  
Payments For Equity Method Investments, Percentage Returned   0.5