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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2018
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping
The fair values provided in the table below are classified as Level 2 within the fair value hierarchy.  Carrying amounts and estimated fair values are as follows:
 
Eversource
 
CL&P
 
NSTAR Electric
 
PSNH
(Millions of Dollars)
Carrying Amount
 
Fair Value
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
As of December 31, 2018:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Preferred Stock Not Subject to Mandatory Redemption
$
155.6

 
$
156.8

 
$
116.2

 
$
113.8

 
$
43.0

 
$
43.0

 
$

 
$

Long-Term Debt
13,086.1

 
13,154.9

 
3,254.0

 
3,429.2

 
2,944.8

 
3,024.1

 
805.2

 
819.5

Rate Reduction Bonds
635.7

 
645.8

 

 

 

 

 
635.7

 
645.8

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of December 31, 2017:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Preferred Stock Not Subject to Mandatory Redemption
$
155.6

 
$
160.8

 
$
116.2

 
$
116.5

 
$
43.0

 
$
44.3

 
$

 
$

Long-Term Debt
12,325.5

 
12,877.1

 
3,059.1

 
3,430.5

 
2,943.8

 
3,156.5

 
1,002.4

 
1,038.2