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MARKETABLE SECURITIES (Tables)
12 Months Ended
Dec. 31, 2017
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-sale Securities Reconciliation
The following is a summary of available-for-sale securities, which are recorded at fair value and are included in current and long-term Marketable Securities on the balance sheets.
 
As of December 31,
 
2017
 
2016
Eversource
(Millions of Dollars)
Amortized
Cost
 
Pre-Tax
Unrealized
Gains
 
Pre-Tax
Unrealized
Losses
 
Fair Value
 
Amortized
Cost
 
Pre-Tax
Unrealized
Gains
 
Pre-Tax
Unrealized
Losses
 
Fair Value
Debt Securities
$
284.9

 
$
3.2

 
$
(1.1
)
 
$
287.0

 
$
296.2

 
$
1.1

 
$
(2.1
)
 
$
295.2

Equity Securities
216.1

 
97.8

 
(0.1
)
 
313.8

 
203.3

 
62.3

 
(1.2
)
 
264.4

Investments Classified by Contractual Maturity Date
As of December 31, 2017, the contractual maturities of available-for-sale debt securities were as follows:    
Eversource
(Millions of Dollars)
Amortized
Cost
 
Fair
Value
 
Less than one year (1)
$
40.2

 
$
40.1

One to five years
46.7

 
47.5

Six to ten years
64.7

 
65.6

Greater than ten years
133.3

 
133.8

Total Debt Securities
$
284.9

 
$
287.0


(1)
Amounts in the Less than one year category include securities in the CYAPC and YAEC nuclear decommissioning trusts, which are restricted and are classified in long-term Marketable Securities on the balance sheets.
Marketable Securities Recorded at Fair Value
The following table presents the marketable securities recorded at fair value on a recurring basis by the level in which they are classified within the fair value hierarchy:
Eversource
(Millions of Dollars)
As of December 31,
2017
 
2016
Level 1:  
 
 
 
Mutual Funds and Equities
$
313.8

 
$
274.0

Money Market Funds
23.3

 
54.8

Total Level 1
$
337.1

 
$
328.8

Level 2:
 
 
 
U.S. Government Issued Debt Securities (Agency and Treasury)
$
70.2

 
$
63.0

Corporate Debt Securities
50.9

 
41.1

Asset-Backed Debt Securities
21.2

 
18.5

Municipal Bonds
110.7

 
107.5

Other Fixed Income Securities
10.7

 
10.3

Total Level 2
$
263.7

 
$
240.4

Total Marketable Securities
$
600.8

 
$
569.2