MARKETABLE SECURITIES (Tables)

9 Months Ended

Sep. 30, 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 September 30, 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	$	203.0	$	8.9	$	(0.1	)	$	211.8	$	190.0	$	0.4	$	(4.0	)	$	186.4

Contractual Maturities of Available-for-Sale Debt Securities

As of September 30, 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⁾	$	28.6	$	28.5
One to five years	49.8		51.2
Six to ten years	30.0		31.9
Greater than ten years	94.6		100.2
Total Debt Securities	$	203.0	$	211.8

⁽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 September 30, 2019		As of December 31, 2018
Level 1:
Mutual Funds and Equities	$	207.1	$	244.0
Money Market Funds	19.6		25.9
Total Level 1	$	226.7	$	269.9
Level 2:
U.S. Government Issued Debt Securities (Agency and Treasury)	$	95.2	$	79.6
Corporate Debt Securities	49.5		39.5
Asset-Backed Debt Securities	13.1		14.0
Municipal Bonds	25.6		19.2
Other Fixed Income Securities	8.8		8.2
Total Level 2	$	192.2	$	160.5
Total Marketable Securities	$	418.9	$	430.4