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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
3 Months Ended
Mar. 31, 2019
Fair Value Disclosures [Abstract]  
Carrying Amounts and Estimated Fair Values of Financial Instruments
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 March 31, 2019:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Preferred Stock Not Subject to Mandatory Redemption
$
155.6

 
$
157.1

 
$
116.2

 
$
114.2

 
$
43.0

 
$
42.9

 
$

 
$

Long-Term Debt
13,089.8

 
13,519.6

 
3,265.8

 
3,538.0

 
2,945.2

 
3,107.3

 
805.3

 
831.1

Rate Reduction Bonds
604.9

 
623.3

 

 

 

 

 
604.9

 
623.3

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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