ACCUMULATED OTHER COMPREHENSIVE INCOME

3 Months Ended

Mar. 31, 2015

Notes To Consolidated Financial Statements [Abstract]

Comprehensive Income Note [Text Block]

10.       ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

The changes in accumulated other comprehensive income/(loss) by component, net of tax, is as follows:

	For the Three Months Ended March 31, 2015								For the Three Months Ended March 31, 2014
	Qualified		Unrealized						Qualified		Unrealized
	Cash Flow		Gains on		Defined				Cash Flow		Gains on		Defined
	Hedging		Marketable		Benefit				Hedging		Marketable		Benefit
(Millions of Dollars)	Instruments		Securities		Plans		Total		Instruments		Securities		Plans		Total
Balance as of Beginning of Period	$	(12.4)	$	0.7	$	(62.3)	$	(74.0)	$	(14.4)	$	0.4	$	(32.0)	$	(46.0)
OCI Before Reclassifications		-		0.1		-		0.1		-		0.2		-		0.2
Amounts Reclassified from AOCI		0.5		-		1.0		1.5		0.5		-		1.0		1.5
Net OCI		0.5		0.1		1.0		1.6		0.5		0.2		1.0		1.7
Balance as of End of Period	$	(11.9)	$	0.8	$	(61.3)	$	(72.4)	$	(13.9)	$	0.6	$	(31.0)	$	(44.3)

Eversource's qualified cash flow hedging instruments represent interest rate swap agreements on debt issuances that were settled in prior years. The settlement amount was recorded in AOCI and is being amortized into Net Income over the term of the underlying debt instrument.CL&P, PSNH and WMECO continue to amortize interest rate swaps settled in prior years from AOCI into Interest Expense over the remaining life of the associated long-term debt, which are not material to their respective financial statements.The amortization expense of actuarial gains and losses on the defined benefit plans is amortized from AOCI into Operations and Maintenance over the average future employee service period, and are reflected in amounts reclassified from AOCI. The related tax effects of the reclassification adjustments are not material to the financial statements for the three months ended March 31, 2015 and 2014.