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MARKETABLE SECURITIES (Tables)
12 Months Ended
Dec. 31, 2019
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,
 
2019
 
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
$
228.4

 
$
5.8

 
$
(0.1
)
 
$
234.1

 
$
190.0

 
$
0.4

 
$
(4.0
)
 
$
186.4


Investments Classified by Contractual Maturity Date
As of December 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)
$
59.2

 
$
59.3

One to five years
40.5

 
41.4

Six to ten years
33.6

 
34.8

Greater than ten years
95.1

 
98.6

Total Debt Securities
$
228.4

 
$
234.1


(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,
2019
 
2018
Level 1:  
 
 
 
Mutual Funds and Equities
$
228.5

 
$
244.0

Money Market Funds
46.0

 
25.9

Total Level 1
$
274.5

 
$
269.9

Level 2:
 
 
 
U.S. Government Issued Debt Securities (Agency and Treasury)
$
96.8

 
$
79.6

Corporate Debt Securities
44.0

 
39.5

Asset-Backed Debt Securities
12.9

 
14.0

Municipal Bonds
26.7

 
19.2

Other Fixed Income Securities
7.7

 
8.2

Total Level 2
$
188.1

 
$
160.5

Total Marketable Securities
$
462.6

 
$
430.4