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DERIVATIVE INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2013

		As of December 31, 2013
		Commodity Supply and				Net Amount Recorded as
(Millions of Dollars)		Price Risk Management		Netting ⁽¹⁾		Derivative Asset/(Liability)
Current Derivative Assets:
Level 2:
	Other⁽¹⁾	$	1.9	$	(0.3)	$	1.6
Level 3:
	CL&P⁽¹⁾		17.1		(9.8)		7.3
	NSTAR Electric		1.2		-		1.2
	WMECO		0.1		-		0.1
Total Current Derivative Assets		$	20.3	$	(10.1)	$	10.2

Long-Term Derivative Assets:
Level 2:
	Other	$	0.2	$	-	$	0.2
Level 3:
	CL&P⁽¹⁾		113.6		(42.2)		71.4
	WMECO		2.6		-		2.6
Total Long-Term Derivative Assets		$	116.4	$	(42.2)	$	74.2

Current Derivative Liabilities:
Level 3:
	CL&P	$	(92.2)	$	-	$	(92.2)
	NSTAR Electric		(1.5)		-		(1.5)
Total Current Derivative Liabilities		$	(93.7)	$	-	$	(93.7)

Long-Term Derivative Liabilities:
Level 3:
	CL&P	$	(617.1)	$	-	$	(617.1)
	NSTAR Electric		(7.0)		-		(7.0)
Total Long-Term Derivative Liabilities		$	(624.1)	$	-	$	(624.1)

		As of December 31, 2012
		Commodity Supply and				Net Amount Recorded as
(Millions of Dollars)		Price Risk Management		Netting⁽¹⁾		Derivative Asset/(Liability)
Current Derivative Assets:
Level 2:
	Other	$	0.2	$	0	$	0.2
Level 3:
	CL&P ⁽¹⁾		17.7		(12.0)		5.7
	Other		5.5		-		5.5
Total Current Derivative Assets		$	23.4	$	(12.0)	$	11.4

Long-Term Derivative Assets:
Level 3:
	CL&P ⁽¹⁾	$	159.7	$	(69.1)	$	90.6
Total Long-Term Derivative Assets		$	159.7	$	(69.1)	$	90.6

Current Derivative Liabilities:
Level 2:
	Other ^{(1) (2)}	$	(19.9)	$	0.6	$	(19.3)
Level 3:
	CL&P		(96.9)		-		(96.9)
	NSTAR Electric		(1.0)		-		(1.0)
Total Current Derivative Liabilities		$	(117.8)	$	0.6	$	(117.2)

Long-Term Derivative Liabilities:
Level 2:
	Other	$	(0.2)	$	-	$	(0.2)
Level 3:
	CL&P		(865.6)		-		(865.6)
	NSTAR Electric		(13.9)		-		(13.9)
	WMECO		(3.0)		-		(3.0)
Total Long-Term Derivative Liabilities		$	(882.7)	$	-	$	(882.7)


Location of Amounts		Amounts Recognized on Derivatives
Recognized on Derivatives		For the Years Ended December 31,
(Millions of Dollars)		2013		2012		2011
NU
Balance Sheet:
	Regulatory Assets and Liabilities	$	160.6	$	(29.0)	$	(162.0)
Statement of Income:
	Purchased Power, Fuel and Transmission		1.0		(0.7)		0.5

(Millions of Dollars)		NU ⁽¹⁾		CL&P		NSTAR Electric		WMECO
Derivatives, Net:
Fair Value as of January 1, 2012		$	(962.2)	$	(931.6)	$	(3.4)	$	(7.3)
Liabilities Assumed due to Merger with NSTAR			(5.4)		-		-		-
Transfer to Level 2			32.2		-		-		-
Net Realized/Unrealized Gains/(Losses) Included in:
	Net Income ⁽²⁾		10.9		-		-		-
	Regulatory Assets and Liabilities		(29.2)		(21.6)		(15.2)		4.3
Settlements			75.1		87.0		3.7		-
Fair Value as of December 31, 2012		$	(878.6)	$	(866.2)	$	(14.9)	$	(3.0)
Net Realized/Unrealized Gains/(Losses) Included in:
	Net Income ⁽²⁾		10.9		-		-		-
	Regulatory Assets and Liabilities		158.3		148.9		3.5		5.7
Settlements			74.2		86.7		4.1		-
Fair Value as of December 31, 2013		$	(635.2)	$	(630.6)	$	(7.3)	$	2.7