MARKETABLE SECURITIES (Tables)

3 Months Ended

Mar. 31, 2019

Investments, Debt and Equity Securities [Abstract]

Summary of Available-for-Sale Debt Securities

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 March 31, 2019									As of December 31, 2018
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	$	212.3	$	0.9	$	(0.9	)	$	212.3	$	190.0	$	0.4	$	(4.0	)	$	186.4

Contractual Maturities of Available-for-Sale Debt Securities

As of March 31, 2019, 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⁾	$	29.7	$	29.6
One to five years	48.5		48.5
Six to ten years	39.0		39.4
Greater than ten years	95.1		94.8
Total Debt Securities	$	212.3	$	212.3


⁽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 on a Recurring Basis by Level

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 March 31, 2019		As of December 31, 2018
Level 1:
Mutual Funds and Equities	$	216.2	$	244.0
Money Market Funds	24.2		25.9
Total Level 1	$	240.4	$	269.9
Level 2:
U.S. Government Issued Debt Securities (Agency and Treasury)	$	104.3	$	79.6
Corporate Debt Securities	44.7		39.5
Asset-Backed Debt Securities	13.9		14.0
Municipal Bonds	16.0		19.2
Other Fixed Income Securities	9.2		8.2
Total Level 2	$	188.1	$	160.5
Total Marketable Securities	$	428.5	$	430.4