The components of net periodic benefit plan expense/(income) for the Pension, SERP and PBOP Plans, prior to amounts capitalized as Property, Plant and Equipment or deferred as regulatory assets/(liabilities) for future recovery or refund, are shown below. The service cost component of net periodic benefit plan expense/(income), less the capitalized portion, is included in Operations and Maintenance expense on the statements of income. The remaining components of net periodic benefit plan expense/(income), less the deferred portion, are included in Other Income, Net on the statements of income. Pension, SERP and PBOP expense/(income) reflected in the statements of cash flows for CL&P, NSTAR Electric and PSNH does not include intercompany allocations of net periodic benefit plan expense/(income), as these amounts are cash settled on a short-term basis. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pension and SERP | | PBOP | | For the Three Months Ended June 30, 2022 | | For the Three Months Ended June 30, 2022 | (Millions of Dollars) | Eversource | | CL&P | | NSTAR Electric | | PSNH | | Eversource | | CL&P | | NSTAR Electric | | PSNH | Service Cost | $ | 17.5 | | | $ | 4.7 | | | $ | 3.4 | | | $ | 1.7 | | | $ | 3.0 | | | $ | 0.5 | | | $ | 0.5 | | | $ | 0.3 | | Interest Cost | 38.6 | | | 7.8 | | | 8.2 | | | 4.2 | | | 5.1 | | | 0.9 | | | 1.3 | | | 0.6 | | Expected Return on Plan Assets | (130.7) | | | (26.5) | | | (32.1) | | | (14.0) | | | (22.6) | | | (2.8) | | | (10.6) | | | (1.7) | | Actuarial Losses, net | 28.4 | | | 4.0 | | | 8.1 | | | 1.9 | | | — | | | — | | | — | | | — | | Prior Service Cost/(Credit) | 0.3 | | | — | | | 0.1 | | | — | | | (5.4) | | | 0.3 | | | (4.2) | | | 0.1 | | Total Net Periodic Benefit Plan Income | $ | (45.9) | | | $ | (10.0) | | | $ | (12.3) | | | $ | (6.2) | | | $ | (19.9) | | | $ | (1.1) | | | $ | (13.0) | | | $ | (0.7) | | Intercompany Income Allocations | N/A | | $ | (4.1) | | | $ | (3.2) | | | $ | (0.9) | | | N/A | | $ | (0.9) | | | $ | (0.9) | | | $ | (0.3) | | | | | | | | | | | | | | | | | | | Pension and SERP | | PBOP | | For the Six Months Ended June 30, 2022 | | For the Six Months Ended June 30, 2022 | (Millions of Dollars) | Eversource | | CL&P | | NSTAR Electric | | PSNH | | Eversource | | CL&P | | NSTAR Electric | | PSNH | Service Cost | $ | 35.2 | | | $ | 9.2 | | | $ | 7.0 | | | $ | 3.5 | | | $ | 5.8 | | | $ | 1.0 | | | $ | 1.0 | | | $ | 0.5 | | Interest Cost | 77.2 | | | 15.6 | | | 16.3 | | | 8.4 | | | 10.1 | | | 1.8 | | | 2.6 | | | 1.1 | | Expected Return on Plan Assets | (262.4) | | | (53.1) | | | (64.1) | | | (28.1) | | | (45.0) | | | (5.6) | | | (21.2) | | | (3.3) | | Actuarial Losses, net | 59.1 | | | 8.2 | | | 16.6 | | | 4.1 | | | — | | | — | | | — | | | — | | Prior Service Cost/(Credit) | 0.7 | | | — | | | 0.2 | | | — | | | (10.8) | | | 0.5 | | | (8.5) | | | 0.2 | | Total Net Periodic Benefit Plan Income | $ | (90.2) | | | $ | (20.1) | | | $ | (24.0) | | | $ | (12.1) | | | $ | (39.9) | | | $ | (2.3) | | | $ | (26.1) | | | $ | (1.5) | | Intercompany Income Allocations | N/A | | $ | (7.9) | | | $ | (6.1) | | | $ | (1.7) | | | N/A | | $ | (1.8) | | | $ | (1.8) | | | $ | (0.6) | | | | | | | | | | | | | | | | | | | Pension and SERP | | PBOP | | For the Three Months Ended June 30, 2021 | | For the Three Months Ended June 30, 2021 | (Millions of Dollars) | Eversource | | CL&P | | NSTAR Electric | | PSNH | | Eversource | | CL&P | | NSTAR Electric | | PSNH | Service Cost | $ | 18.4 | | | $ | 5.5 | | | $ | 3.9 | | | $ | 2.2 | | | $ | 3.3 | | | $ | 0.6 | | | $ | 0.6 | | | $ | 0.3 | | Interest Cost | 27.1 | | | 6.7 | | | 6.7 | | | 3.6 | | | 4.2 | | | 0.8 | | | 1.1 | | | 0.4 | | Expected Return on Plan Assets | (87.4) | | | (21.7) | | | (27.1) | | | (11.8) | | | (19.8) | | | (2.6) | | | (9.2) | | | (1.5) | | Actuarial Loss | 47.8 | | | 10.8 | | | 15.3 | | | 5.2 | | | 1.3 | | | 0.4 | | | 0.5 | | | 0.1 | | Prior Service Cost/(Credit) | 0.3 | | | — | | | 0.1 | | | — | | | (5.3) | | | 0.3 | | | (4.2) | | | 0.1 | | Total Net Periodic Benefit Plan Expense/(Income) | $ | 6.2 | | | $ | 1.3 | | | $ | (1.1) | | | $ | (0.8) | | | $ | (16.3) | | | $ | (0.5) | | | $ | (11.2) | | | $ | (0.6) | | Intercompany Expense/(Income) Allocations | N/A | | $ | 2.3 | | | $ | 2.5 | | | $ | 0.7 | | | N/A | | $ | (0.6) | | | $ | (0.6) | | | $ | (0.2) | | | | | | | | | | | | | | | | | | | Pension and SERP | | PBOP | | For the Six Months Ended June 30, 2021 | | For the Six Months Ended June 30, 2021 | (Millions of Dollars) | Eversource | | CL&P | | NSTAR Electric | | PSNH | | Eversource | | CL&P | | NSTAR Electric | | PSNH | Service Cost | $ | 39.7 | | | $ | 11.8 | | | $ | 7.9 | | | $ | 4.4 | | | $ | 6.8 | | | $ | 1.2 | | | $ | 1.2 | | | $ | 0.6 | | Interest Cost | 59.7 | | | 14.0 | | | 13.4 | | | 7.2 | | | 8.6 | | | 1.6 | | | 2.2 | | | 0.9 | | Expected Return on Plan Assets | (196.3) | | | (43.3) | | | (54.0) | | | (23.7) | | | (39.5) | | | (5.2) | | | (18.5) | | | (3.0) | | Actuarial Loss | 109.4 | | | 23.8 | | | 30.8 | | | 10.1 | | | 3.9 | | | 0.8 | | | 1.1 | | | 0.3 | | Prior Service Cost/(Credit) | 0.6 | | | — | | | 0.2 | | | — | | | (10.6) | | | 0.5 | | | (8.4) | | | 0.2 | | Total Net Periodic Benefit Plan Expense/(Income) | $ | 13.1 | | | $ | 6.3 | | | $ | (1.7) | | | $ | (2.0) | | | $ | (30.8) | | | $ | (1.1) | | | $ | (22.4) | | | $ | (1.0) | | Intercompany Expense/(Income) Allocations | N/A | | $ | 3.6 | | | $ | 4.0 | | | $ | 1.2 | | | N/A | | $ | (0.9) | | | $ | (1.0) | | | $ | (0.3) | |
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