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LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Maturities of Long-term Debt
Details of long-term debt outstanding are as follows:
CL&P
(Millions of Dollars)
As of December 31,
2016
 
2015
First Mortgage Bonds:
 
 
 
7.875% 1994 Series D due 2024
$
139.8

 
$
139.8

5.750% 2004 Series B due 2034
130.0

 
130.0

5.625% 2005 Series B due 2035
100.0

 
100.0

6.350% 2006 Series A due 2036
250.0

 
250.0

5.375% 2007 Series A due 2017
150.0

 
150.0

5.750% 2007 Series B due 2037
150.0

 
150.0

5.750% 2007 Series C due 2017
100.0

 
100.0

6.375% 2007 Series D due 2037
100.0

 
100.0

5.650% 2008 Series A due 2018
300.0

 
300.0

5.500% 2009 Series A due 2019
250.0

 
250.0

2.500% 2013 Series A due 2023
400.0

 
400.0

4.300% 2014 Series A due 2044  
250.0

 
250.0

4.150% 2015 Series A due 2045
350.0

 
350.0

Total First Mortgage Bonds
2,669.8

 
2,669.8

Pollution Control Revenue Bonds:
 
 
 
4.375% Fixed Rate Tax Exempt due 2028
120.5

 
120.5

Less Amounts due Within One Year
(250.0
)
 

Unamortized Premiums and Discounts, Net
(10.0
)
 
(10.7
)
Unamortized Debt Issuance Costs
(14.3
)
 
(15.9
)
CL&P Long-Term Debt
$
2,516.0

 
$
2,763.7

NSTAR Electric
(Millions of Dollars)
As of December 31,
2016
 
2015
Debentures:
 
 
 
5.750% due 2036
$
200.0

 
$
200.0

5.625% due 2017
400.0

 
400.0

5.500% due 2040
300.0

 
300.0

2.375% due 2022
400.0

 
400.0

Variable Rate due 2016 (0.6036% as of December 31, 2015)

 
200.0

4.400% due 2044  
300.0

 
300.0

3.250% due 2025
250.0

 
250.0

2.700% due 2026
250.0

 

Total Debentures
2,100.0

 
2,050.0

Less Amounts due Within One Year
(400.0
)
 
(200.0
)
Unamortized Premiums and Discounts, Net
(9.1
)
 
(8.5
)
Unamortized Debt Issuance Costs
(12.8
)
 
(11.7
)
NSTAR Electric Long-Term Debt
$
1,678.1

 
$
1,829.8

PSNH
(Millions of Dollars)
As of December 31,
2016
 
2015
First Mortgage Bonds:
 
 
 
5.600% Series M due 2035
$
50.0

 
$
50.0

6.150% Series N due 2017
70.0

 
70.0

6.000% Series O due 2018
110.0

 
110.0

4.500% Series P due 2019
150.0

 
150.0

4.050% Series Q due 2021
122.0

 
122.0

3.200% Series R due 2021
160.0

 
160.0

3.500% Series S due 2023  
325.0

 
325.0

Total First Mortgage Bonds
987.0

 
987.0

Pollution Control Revenue Bonds:
 
 
 
Adjustable Rate Tax Exempt Series A due 2021   
  (1.138% and 0.193% as of December 31, 2016 and 2015, respectively)
89.3

 
89.3

Less Amounts due Within One Year
(70.0
)
 

Unamortized Premiums and Discounts, Net
0.1

 
0.1

Unamortized Debt Issuance Costs
(4.4
)
 
(5.4
)
PSNH Long-Term Debt
$
1,002.0

 
$
1,071.0

WMECO
(Millions of Dollars)
As of December 31,
2016
 
2015
Notes:
 
 
 
5.900% Senior Notes Series B due 2034
$
50.0

 
$
50.0

6.700% Senior Notes Series D due 2037
40.0

 
40.0

5.100% Senior Notes Series E due 2020
95.0

 
95.0

3.500% Senior Notes Series F due 2021
250.0

 
250.0

3.880% Senior Notes Series G due 2023
80.0

 
80.0

2.750% Senior Notes Series H due 2026
50.0

 

Total Notes
565.0

 
515.0

Unamortized Premiums and Discounts, Net
4.2

 
5.2

Unamortized Debt Issuance Costs
(2.7
)
 
(2.9
)
WMECO Long-Term Debt
$
566.5

 
$
517.3

OTHER
(Millions of Dollars)
As of December 31,
2016
 
2015
Yankee Gas - First Mortgage Bonds:
 
 
 
8.480% Series B due 2022
$
20.0

 
$
20.0

5.260% Series H due 2019
50.0

 
50.0

5.350% Series I due 2035
50.0

 
50.0

6.900% Series J due 2018
100.0

 
100.0

4.870% Series K due 2020
50.0

 
50.0

4.820% Series L due 2044  
100.0

 
100.0

3.350% Series M due 2025
75.0

 
75.0

Total First Mortgage Bonds
445.0

 
445.0

Unamortized Premium
0.4

 
0.4

Unamortized Debt Issuance Costs
(1.5
)
 
(1.7
)
Yankee Gas Long-Term Debt
443.9

 
443.7

 
 
 
 
NSTAR Gas - First Mortgage Bonds:
 
 
 
9.950% Series J due 2020
25.0

 
25.0

7.110% Series K due 2033
35.0

 
35.0

7.040% Series M due 2017
25.0

 
25.0

4.460% Series N due 2020
125.0

 
125.0

4.350% Series O due 2045
100.0

 
100.0

Total First Mortgage Bonds
310.0

 
310.0

Less Amounts due Within One Year
(25.0
)
 

Unamortized Debt Issuance Costs
(0.7
)
 
(0.8
)
NSTAR Gas Long-Term Debt
284.3

 
309.2

 
 
 
 
Eversource Parent - Notes and Debentures:
 
 
 
4.500% Debentures due 2019
350.0

 
350.0

1.450% Senior Notes Series E due 2018
300.0

 
300.0

2.800% Senior Notes Series F due 2023
450.0

 
450.0

1.600% Senior Notes Series G due 2018
150.0

 
150.0

3.150% Senior Notes Series H due 2025
300.0

 
300.0

   2.500% Senior Notes Series I due 2021
250.0

 

   3.350% Senior Notes Series J due 2026
250.0

 

Total Eversource Parent Notes and Debentures
2,050.0

 
1,550.0

Pre-1983 Spent Nuclear Fuel Obligation (CYAPC)
180.0

 
179.5

Fair Value Adjustment (1)
144.6

 
173.5

Less Fair Value Adjustment - Current Portion (1)
(28.9
)
 
(28.9
)
Unamortized Premiums and Discounts, Net  
(2.2
)
 
(1.3
)
Unamortized Debt Issuance Costs
(4.9
)
 
(1.9
)
Total Other Long-Term Debt
$
3,066.8

 
$
2,623.8

 
 
 
 
Total Eversource Long-Term Debt
$
8,829.4

 
$
8,805.6


(1)  
The fair value adjustment amount is the purchase price adjustment, net of amortization, required to record the NSTAR long-term debt at fair value on the date of the 2012 merger.
Schedule of Long-term Debt Instruments
Long-term debt maturities on debt outstanding for the years 2017 through 2021 and thereafter are shown below. These amounts exclude the CYAPC pre-1983 spent nuclear fuel obligation, net unamortized premiums, discounts and debt issuance costs, and other fair value adjustments as of December 31, 2016:
(Millions of Dollars)
Eversource
 
CL&P
 
NSTAR Electric
 
PSNH
 
WMECO
2017
$
745.0

 
$
250.0

 
$
400.0

 
$
70.0

 
$

2018
960.0

 
300.0

 

 
110.0

 

2019
800.0

 
250.0

 

 
150.0

 

2020
295.0

 

 

 

 
95.0

2021
871.3

 

 

 
371.3

 
250.0

Thereafter
5,665.3

 
1,990.3

 
1,700.0

 
375.0

 
220.0

Total
$
9,336.6

 
$
2,790.3

 
$
2,100.0

 
$
1,076.3

 
$
565.0