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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Carrying Amounts and Estimated Fair Values of Financial Instruments Carrying amounts and estimated fair values are as follows:
 EversourceCL&PNSTAR ElectricPSNH
(Millions of Dollars)Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
As of March 31, 2022:        
Preferred Stock Not Subject to Mandatory Redemption
$155.6 $158.3 $116.2 $115.5 $43.0 $42.8 $— $— 
Long-Term Debt18,729.6 18,562.3 4,215.7 4,392.2 3,986.3 4,094.1 1,164.0 1,086.3 
Rate Reduction Bonds475.3 492.8 — — — — 475.3 492.8 
As of December 31, 2021:        
Preferred Stock Not Subject to Mandatory Redemption
$155.6 $166.3 $116.2 $122.3 $43.0 $44.0 $— $— 
Long-Term Debt18,216.7 19,636.3 4,215.4 4,848.9 3,985.4 4,453.5 1,163.8 1,220.6 
Rate Reduction Bonds496.9 543.3 — — — — 496.9 543.3