XML 65 R41.htm IDEA: XBRL DOCUMENT v3.19.3
SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Summary of Segment Information and Segmented Total Assets
Eversource's segment information is as follows:
 
For the Three Months Ended September 30, 2019
Eversource
(Millions of Dollars)
Electric
Distribution
 
Natural Gas
Distribution
 
Electric
Transmission
 
Water Distribution
 
Other
 
Eliminations
 
Total
Operating Revenues
$
1,931.6

 
$
103.4

 
$
347.8

 
$
64.2

 
$
258.1

 
$
(529.3
)
 
$
2,175.8

Depreciation and Amortization
(188.4
)
 
(16.1
)
 
(64.3
)
 
(11.1
)
 
(17.2
)
 
0.6

 
(296.5
)
Other Operating Expenses
(1,448.2
)
 
(99.3
)
 
(159.6
)
 
(25.5
)
 
(275.9
)
 
638.4

 
(1,370.1
)
Operating Income/(Loss)
$
295.0

 
$
(12.0
)
 
$
123.9

 
$
27.6

 
$
(35.0
)
 
$
109.7

 
$
509.2

Interest Expense
$
(53.2
)
 
$
(11.7
)
 
$
(33.6
)
 
$
(8.9
)
 
$
(41.7
)
 
$
13.9

 
$
(135.2
)
Other Income/(Loss), Net
13.9

 
—

 
61.4

 
(0.2
)
 
497.0

 
(545.1
)
 
27.0

Net Income/(Loss) Attributable to Common Shareholders
197.3

 
(17.1
)
 
107.5

 
17.5

 
435.2

 
(421.5
)
 
318.9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Nine Months Ended September 30, 2019
Eversource
(Millions of Dollars)
Electric Distribution
 
Natural Gas Distribution
 
Electric Transmission
 
Water Distribution
 
Other
 
Eliminations
 
Total
Operating Revenues
$
5,327.2

 
$
779.9

 
$
1,037.9

 
$
163.5

 
$
767.1

 
$
(1,599.5
)
 
$
6,476.1

Depreciation and Amortization
(517.6
)
 
(56.0
)
 
(188.0
)
 
(35.0
)
 
(45.6
)
 
1.7

 
(840.5
)
Impairment of Northern Pass Transmission
—

 
—

 
(239.6
)
 
—

 
—

 
—

 
(239.6
)
Other Operating Expenses
(4,166.8
)
 
(620.4
)
 
(366.9
)
 
(75.4
)
 
(719.8
)
 
1,708.2

 
(4,241.1
)
Operating Income
$
642.8

 
$
103.5

 
$
243.4

 
$
53.1

 
$
1.7

 
$
110.4

 
$
1,154.9

Interest Expense
$
(153.3
)
 
$
(35.4
)
 
$
(94.5
)
 
$
(26.2
)
 
$
(130.3
)
 
$
40.0

 
$
(399.7
)
Other Income, Net
44.2

 
1.1

 
78.2

 
0.2

 
813.7

 
(833.6
)
 
103.8

Net Income Attributable to Common Shareholders
422.7

 
57.6

 
138.4

 
26.3

 
697.2

 
(683.2
)
 
659.0

Cash Flows Used for Investments in Plant
861.0

 
327.8

 
686.7

 
79.9

 
173.6

 
—

 
2,129.0

 
For the Three Months Ended September 30, 2018
Eversource
(Millions of Dollars)
Electric
Distribution
 
Natural Gas
Distribution
 
Electric
Transmission
 
Water Distribution
 
Other
 
Eliminations
 
Total
Operating Revenues
$
2,027.4

 
$
109.0

 
$
330.6

 
$
63.5

 
$
224.6

 
$
(483.7
)
 
$
2,271.4

Depreciation and Amortization
(206.1
)
 
(13.9
)
 
(58.3
)
 
(11.7
)
 
(12.0
)
 
0.6

 
(301.4
)
Other Operating Expenses
(1,562.2
)
 
(102.4
)
 
(96.7
)
 
(25.5
)
 
(200.9
)
 
483.7

 
(1,504.0
)
Operating Income/(Loss)
$
259.1

 
$
(7.3
)
 
$
175.6

 
$
26.3

 
$
11.7

 
$
0.6

 
$
466.0

Interest Expense
$
(52.4
)
 
$
(11.3
)
 
$
(30.3
)
 
$
(8.5
)
 
$
(30.5
)
 
$
7.8

 
$
(125.2
)
Other Income, Net
32.2

 
1.5

 
9.0

 
0.7

 
251.7

 
(278.4
)
 
16.7

Net Income/(Loss) Attributable to Common Shareholders
173.8

 
(12.6
)
 
109.5

 
17.6

 
271.1

 
(270.0
)
 
289.4

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Nine Months Ended September 30, 2018
Eversource
(Millions of Dollars)
Electric
Distribution
 
Natural Gas
Distribution
 
Electric
Transmission
 
Water Distribution
 
Other
 
Eliminations
 
Total
Operating Revenues
$
5,321.8

 
$
740.5

 
$
953.0

 
$
161.5

 
$
692.5

 
$
(1,456.1
)
 
$
6,413.2

Depreciation and Amortization
(486.0
)
 
(59.6
)
 
(171.8
)
 
(34.6
)
 
(35.9
)
 
1.7

 
(786.2
)
Other Operating Expenses
(4,238.6
)
 
(585.7
)
 
(268.7
)
 
(73.9
)
 
(617.2
)
 
1,457.0

 
(4,327.1
)
Operating Income
$
597.2

 
$
95.2

 
$
512.5

 
$
53.0

 
$
39.4

 
$
2.6

 
$
1,299.9

Interest Expense
$
(152.0
)
 
$
(33.7
)
 
$
(89.9
)
 
$
(25.5
)
 
$
(94.8
)
 
$
23.2

 
$
(372.7
)
Other Income/(Loss), Net
70.9

 
5.1

 
26.7

 
(0.4
)
 
913.8

 
(915.4
)
 
100.7

Net Income Attributable to Common Shareholders
379.3

 
50.2

 
329.6

 
26.3

 
905.9

 
(889.6
)
 
801.7

Cash Flows Used for Investments in Plant
717.4

 
245.5

 
735.8

 
68.1

 
118.3

 
—

 
1,885.1


The following table summarizes Eversource's segmented total assets:
Eversource
(Millions of Dollars)
Electric
Distribution
 
Natural Gas
Distribution
 
Electric
Transmission
 
Water Distribution
 
Other
 
Eliminations
 
Total
As of September 30, 2019
$
21,999.4

 
$
4,103.5

 
$
10,666.9

 
$
2,311.9

 
$
19,137.8

 
$
(18,494.1
)
 
$
39,725.4

As of December 31, 2018
21,389.1

 
3,904.9

 
10,285.0

 
2,253.0

 
17,874.2

 
(17,464.9
)
 
38,241.3


For further information regarding the 2019 impairment of NPT, see Note 1C, "Summary of Significant Accounting Policies - Impairment of Northern Pass Transmission," to the financial statements.