MARKETABLE SECURITIES (Tables)

9 Months Ended

Sep. 30, 2020

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, 2020									As of December 31, 2019
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	$	216.1	$	11.1	$	(0.2	)	$	227.0	$	228.4	$	5.8	$	(0.1	)	$	234.1

Contractual Maturities of Available-for-Sale Debt Securities

As of September 30, 2020, 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⁾	$	51.1	$	51.1
One to five years	45.2		47.4
Six to ten years	43.9		47.0
Greater than ten years	75.9		81.5
Total Debt Securities	$	216.1	$	227.0

⁽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, 2020		As of December 31, 2019
Level 1:
Mutual Funds and Equities	$	226.3	$	228.5
Money Market Funds	45.6		46.0
Total Level 1	$	271.9	$	274.5
Level 2:
U.S. Government Issued Debt Securities (Agency and Treasury)	$	64.7	$	96.8
Corporate Debt Securities	64.9		44.0
Asset-Backed Debt Securities	12.0		12.9
Municipal Bonds	30.4		26.7
Other Fixed Income Securities	9.4		7.7
Total Level 2	$	181.4	$	188.1
Total Marketable Securities	$	453.3	$	462.6