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SEGMENT INFORMATION
 9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION

Presentation:  Eversource is organized into the Electric Distribution, Electric Transmission and Natural Gas Distribution reportable segments and Other based on a combination of factors, including the characteristics of each segments’ services, the sources of operating revenues and expenses and the regulatory environment in which each segment operates.  These reportable segments represent substantially all of Eversource’s total consolidated revenues.  Revenues from the sale of electricity and natural gas primarily are derived from residential, commercial and industrial customers and are not dependent on any single customer.  The Electric Distribution reportable segment includes the generation activities of PSNH and WMECO.  

The remainder of Eversource’s operations is presented as Other in the tables below and primarily consists of 1) the equity in earnings of Eversource parent from its subsidiaries and intercompany interest income, both of which are eliminated in consolidation, and interest expense related to the debt of Eversource parent, 2) the revenues and expenses of Eversource Service, most of which are eliminated in consolidation, 3) the operations of CYAPC and YAEC, 4) the results of Eversource Gas Transmission LLC and 5) the results of other unregulated subsidiaries, which are not part of its core business.

Cash flows used for investments in plant included in the segment information below are cash capital expenditures that do not include amounts incurred but not paid, cost of removal, AFUDC related to equity funds, and the capitalized portions of pension expense.   

Eversource’s reportable segments are determined based upon the level at which Eversource’s chief operating decision maker assesses performance and makes decisions about the allocation of company resources.  Each of Eversource’s subsidiaries, including CL&P, NSTAR Electric, PSNH and WMECO, has one reportable segment.  Eversource’s operating segments and reporting units are consistent with its reportable business segments.

Eversource’s segment information is as follows:
 
For the Three Months Ended September 30, 2016
Eversource
(Millions of Dollars)
Electric
Distribution
 
Natural Gas
Distribution
 
Electric
Transmission
 
Other
 
Eliminations
 
Total
Operating Revenues
$
1,623.4

 
$
99.2

 
$
306.8

 
$
211.5

 
$
(201.2
)
 
$
2,039.7

Depreciation and Amortization
(154.8
)
 
(15.2
)
 
(47.1
)
 
(8.6
)
 
0.5

 
(225.2
)
Other Operating Expenses
(1,146.8
)
 
(87.8
)
 
(90.2
)
 
(179.3
)
 
199.5

 
(1,304.6
)
Operating Income/(Loss)
321.8

 
(3.8
)
 
169.5

 
23.6

 
(1.2
)
 
509.9

Interest Expense
(49.0
)
 
(10.2
)
 
(26.9
)
 
(15.1
)
 
1.3

 
(99.9
)
Other Income, Net
5.3

 
0.6

 
6.3

 
256.9

 
(255.5
)
 
13.6

Net Income Attributable to Common Shareholders
$
170.1

 
$
(7.0
)
 
$
88.4

 
$
268.5

 
$
(254.7
)
 
$
265.3

 
 
 
 
 
 
 
 
 
 
 
 
 
For the Nine Months Ended September 30, 2016
Eversource
(Millions of Dollars)
Electric Distribution
 
Natural Gas Distribution
 
Electric Transmission
 
Other
 
Eliminations
 
Total
Operating Revenues
$
4,362.6

 
$
622.3

 
$
892.5

 
$
636.8

 
$
(651.7
)
 
$
5,862.5

Depreciation and Amortization
(380.9
)
 
(47.9
)
 
(137.7
)
 
(23.1
)
 
1.6

 
(588.0
)
Other Operating Expenses
(3,230.1
)
 
(462.4
)
 
(245.7
)
 
(564.7
)
 
650.2

 
(3,852.7
)
Operating Income
751.6

 
112.0

 
509.1

 
49.0

 
0.1

 
1,421.8

Interest Expense
(144.6
)
 
(30.8
)
 
(82.2
)
 
(45.8
)
 
4.8

 
(298.6
)
Other Income, Net
11.6

 
0.5

 
14.2

 
781.4

 
(784.0
)
 
23.7

Net Income Attributable to Common Shareholders
$
381.3

 
$
51.9

 
$
266.6

 
$
791.7

 
$
(778.4
)
 
$
713.1

Cash Flows Used for Investments in Plant
$
570.9

 
$
170.3

 
$
536.2

 
$
81.8

 
$
—

 
$
1,359.2

 
For the Three Months Ended September 30, 2015
Eversource
(Millions of Dollars)
Electric
Distribution
 
Natural Gas
Distribution
 
Electric
Transmission
 
Other
 
Eliminations
 
Total
Operating Revenues
$
1,543.7

 
$
106.2

 
$
270.4

 
$
211.6

 
$
(198.8
)
 
$
1,933.1

Depreciation and Amortization
(84.5
)
 
(17.5
)
 
(42.4
)
 
(7.1
)
 
0.5

 
(151.0
)
Other Operating Expenses
(1,140.8
)
 
(92.7
)
 
(78.3
)
 
(199.6
)
 
198.5

 
(1,312.9
)
Operating Income/(Loss)
318.4

 
(4.0
)
 
149.7

 
4.9

 
0.2

 
469.2

Interest Expense
(47.4
)
 
(9.2
)
 
(25.9
)
 
(11.2
)
 
1.2

 
(92.5
)
Other Income/(Loss), Net
1.9

 
(0.2
)
 
3.8

 
241.9

 
(242.2
)
 
5.2

Net Income Attributable to Common Shareholders
$
167.5

 
$
(3.7
)
 
$
78.0

 
$
234.9

 
$
(240.8
)
 
$
235.9

 
 
 
 
 
 
 
 
 
 
 
 
 
For the Nine Months Ended September 30, 2015
Eversource
(Millions of Dollars)
Electric
Distribution
 
Natural Gas
Distribution
 
Electric
Transmission
 
Other
 
Eliminations
 
Total
Operating Revenues
$
4,686.5

 
$
799.6

 
$
787.2

 
$
655.2

 
$
(664.9
)
 
$
6,263.6

Depreciation and Amortization
(342.1
)
 
(53.4
)
 
(122.6
)
 
(21.5
)
 
1.6

 
(538.0
)
Other Operating Expenses
(3,535.7
)
 
(631.5
)
 
(225.5
)
 
(619.4
)
 
665.2

 
(4,346.9
)
Operating Income
808.7

 
114.7

 
439.1

 
14.3

 
1.9

 
1,378.7

Interest Expense
(140.6
)
 
(27.2
)
 
(79.8
)
 
(35.4
)
 
3.4

 
(279.6
)
Other Income/(Loss), Net
9.6

 
(0.1
)
 
11.9

 
777.0

 
(774.5
)
 
23.9

Net Income Attributable to Common Shareholders
$
418.9

 
$
57.3

 
$
225.0

 
$
764.7

 
$
(769.2
)
 
$
696.7

Cash Flows Used for Investments in Plant
$
506.5

 
$
120.0

 
$
493.9

 
$
56.9

 
$
—

 
$
1,177.3


The following table summarizes Eversource’s segmented total assets:
Eversource
(Millions of Dollars)
Electric
Distribution
 
Natural Gas
Distribution
 
Electric
Transmission
 
Other
 
Eliminations
 
Total
As of September 30, 2016
$
18,140.0

 
$
3,149.9

 
$
8,454.4

 
$
13,624.8

 
$
(12,286.8
)
 
$
31,082.3

As of December 31, 2015
17,981.3

 
3,104.5

 
8,019.3

 
13,256.7

 
(11,781.5
)
 
30,580.3