COMMON SHARESHOLDERS' EQUITY AND NONCONTROLLING INTERESTS (NU)

12 Months Ended

Dec. 31, 2014

Notes To Consolidated Financial Statements [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

18.	COMMON SHAREHOLDERS' EQUITY AND NONCONTROLLING INTERESTS
A summary of the changes in Common Shareholders' Equity and Noncontrolling Interests of NU is as follows:
								Noncontrolling
		Common						Interest -
		Shareholders'		Noncontrolling		Total		Preferred Stock
(Millions of Dollars)		Equity		Interest		Equity		of Subsidiaries
Balance as of January 1, 2012		$	4,012.7	$	3.0	$	4,015.7	$	116.2
Net Income			533.1		-		533.1		-
Purchase Price of NSTAR (1)			5,038.3		-		5,038.3		-
Other Equity Impacts of Merger with NSTAR (2)			3.4		(3.4)		-		39.4
Dividends on Common Shares			(375.5)		-		(375.5)		-
Dividends on Preferred Stock			(7.0)		-		(7.0)		(7.0)
Issuance of Common Shares			13.3		-		13.3		-
Contributions to NPT			-		0.3		0.3		-
Other Transactions, Net			21.1		-		21.1		-
Net Income Attributable to Noncontrolling Interests			(0.1)		0.1		-		7.0
Other Comprehensive Loss			(2.2)		-		(2.2)		-
Balance as of December 31, 2012		$	9,237.1	$	-	$	9,237.1	$	155.6
Net Income			793.7		-		793.7		-
Dividends on Common Shares			(462.7)		-		(462.7)		-
Dividends on Preferred Stock			(7.7)		-		(7.7)		(7.7)
Issuance of Common Shares			11.1		-		11.1		-
Other Transactions, Net			13.2		-		13.2		-
Net Income Attributable to Noncontrolling Interests			-		-		-		7.7
Other Comprehensive Income			26.8		-		26.8		-
Balance as of December 31, 2013		$	9,611.5	$	-	$	9,611.5	$	155.6
Net Income			827.1		-		827.1		-
Dividends on Common Shares			(496.5)		-		(496.5)		-
Dividends on Preferred Stock			(7.5)		-		(7.5)		(7.5)
Issuance of Common Shares			6.6		-		6.6		-
Other Transactions, Net			63.6		-		63.6		-
Net Income Attributable to Noncontrolling Interests			-		-		-		7.5
Other Comprehensive Loss			(28.0)		-		(28.0)		-
Balance as of December 31, 2014		$	9,976.8	$	-	$	9,976.8	$	155.6

(1)On April 10, 2012, NU issued approximately 136 million common shares to the NSTAR shareholders in connection with the merger. See Note 21, "Merger of NU and NSTAR," for further information.

(2)The preferred stock of NSTAR Electric is not subject to mandatory redemption and has been presented as a noncontrolling interest in NSTAR Electric in NU's financial statements. In addition, upon completion of the merger, an NSTAR subsidiary that held 25 percent of NPT was merged into EETV, resulting in EETV owning 100 percent of NPT. Accordingly, the noncontrolling interest balance was eliminated and 100 percent ownership of NPT was reflected in Common Shareholders' Equity.

For the years ended December 31, 2014, 2013 and 2012, there was no change in ownership of the common equity of CL&P and NSTAR Electric.