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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
9 Months Ended
Sep. 30, 2023
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 September 30, 2023:        
Preferred Stock Not Subject to Mandatory Redemption
$155.6 $118.0 $116.2 $87.2 $43.0 $30.8 $— $— 
Long-Term Debt24,159.1 21,260.5 4,606.8 4,025.3 4,576.5 4,071.1 1,756.6 1,483.4 
Rate Reduction Bonds410.5 381.6 — — — — 410.5 381.6 
As of December 31, 2022:        
Preferred Stock Not Subject to Mandatory Redemption
$155.6 $136.7 $116.2 $99.2 $43.0 $37.5 $— $— 
Long-Term Debt21,044.1 18,891.3 4,216.5 3,828.3 4,425.1 4,091.8 1,164.6 970.5 
Rate Reduction Bonds453.7 424.7 — — — — 453.7 424.7