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MARKETABLE SECURITIES (Tables)
12 Months Ended
Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-sale Securities Reconciliation
The following is a summary of the available-for-sale debt 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,
 
2018
 
2017
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
$
190.0

 
$
0.4

 
$
(4.0
)
 
$
186.4

 
$
284.9

 
$
3.2

 
$
(1.1
)
 
$
287.0

Investments Classified by Contractual Maturity Date
As of December 31, 2018, 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)
$
30.5

 
$
30.3

One to five years
29.2

 
28.9

Six to ten years
43.6

 
42.9

Greater than ten years
86.7

 
84.3

Total Debt Securities
$
190.0

 
$
186.4


(1)
Amounts in the Less than one year category include securities in the CYAPC and YAEC spent nuclear fuel 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,
2018
 
2017
Level 1:  
 
 
 
Mutual Funds and Equities
$
244.0

 
$
313.8

Money Market Funds
25.9

 
23.3

Total Level 1
$
269.9

 
$
337.1

Level 2:
 
 
 
U.S. Government Issued Debt Securities (Agency and Treasury)
$
79.6

 
$
70.2

Corporate Debt Securities
39.5

 
50.9

Asset-Backed Debt Securities
14.0

 
21.2

Municipal Bonds
19.2

 
110.7

Other Fixed Income Securities
8.2

 
10.7

Total Level 2
$
160.5

 
$
263.7

Total Marketable Securities
$
430.4

 
$
600.8