XML 52 R32.htm IDEA: XBRL DOCUMENT
v3.21.2

SHORT-TERM AND LONG-TERM DEBT (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Debt Disclosure [Abstract] |
Borrowings Outstanding and Available under the Commercial Paper Programs | The amount of borrowings outstanding and available under the commercial paper programs were as follows:
| Borrowings Outstanding as of |  | Available Borrowing Capacity as of |  | Weighted-Average Interest Rate as of
| September 30, 2021 |  | December 31, 2020 |  | September 30, 2021 |  | December 31, 2020 |  | September 30, 2021 |  | December 31, 2020
(Millions of Dollars) |  |  |  |  |
Eversource Parent Commercial Paper Program | $ | 653.0 |  |  | $ | 1,054.3 |  |  | $ | 1,347.0 |  |  | $ | 945.7 |  |  | 0.18 | % |  | 0.25 | %
NSTAR Electric Commercial Paper Program | 138.0 |  |  | 195.0 |  |  | 512.0 |  |  | 455.0 |  |  | 0.10 | % |  | 0.16 | %
Summary of Long-Term Debt Issuance and Repayments | The following table summarizes long-term debt issuances and repayments:
(Millions of Dollars) | Issuance/(Repayment) |  | Issue Date or Repayment Date |  | Maturity Date |  | Use of Proceeds for Issuance/ Repayment Information
CL&P: |  |  |  |  |  |  |
2.05% Series A First Mortgage Bonds | $ | 425.0 |  |  | June 2021 |  | July 2031 |  | Repaid short-term debt, paid capital expenditures and working capital
4.38% Series A PCRB | (120.5) |  |  | September 2021 |  | September 2028 |  | Paid on par call date in advance of maturity
NSTAR Electric: |  |  |  |  |  |  |
3.10% 2021 Debentures | 300.0 |  |  | May 2021 |  | June 2051 |  | Refinanced investments in eligible green expenditures, which were previously financed in 2019 and 2020
3.50% Series F Senior Notes | (250.0) |  |  | June 2021 |  | September 2021 |  | Paid on par call date in advance of maturity date
1.95% 2021 Debentures | 300.0 |  |  | August 2021 |  | August 2031 |  | Repaid short-term debt, paid capital expenditures and working capital
PSNH: |  |  |  |  |  |  |
4.05% Series Q First Mortgage Bonds | (122.0) |  |  | March 2021 |  | June 2021 |  | Paid on par call date in advance of maturity date
3.20% Series R First Mortgage Bonds | (160.0) |  |  | June 2021 |  | September 2021 |  | Paid on par call date in advance of maturity date
2.20% Series V First Mortgage Bonds | 350.0 |  |  | June 2021 |  | June 2031 |  | Repaid short-term debt, including short-term debt used to redeem Series R First Mortgage Bonds, paid capital expenditures and working capital
Other: |  |  |  |  |  |  |
Eversource Parent 2.50% Series I Senior Notes | (450.0) |  |  | February 2021 |  | March 2021 |  | Paid on par call date in advance of maturity date
Eversource Parent 2.55% Series S Senior Notes | 350.0 |  |  | March 2021 |  | March 2031 |  | Repaid short-term debt, including short-term debt used to redeem Series I Senior Notes
Eversource Parent 1.40% Series U Senior Notes | 300.0 |  |  | August 2021 |  | August 2026 |  | Repaid short-term debt
Eversource Parent Variable Rate Series T Senior Notes (1) | 350.0 |  |  | August 2021 |  | August 2023 |  | Repaid short-term debt
Aquarion Water Company of Connecticut 3.31% Senior Notes | 100.0 |  |  | April 2021 |  | April 2051 |  | Repaid 5.50% Notes, repaid short-term debt, paid capital expenditures and working capital
Aquarion Water Company of Connecticut 5.50% Notes | (40.0) |  |  | April 2021 |  | April 2021 |  | Paid at maturity
Yankee Gas 1.38% Series S First Mortgage Bonds | 90.0 |  |  | August 2021 |  | August 2026 |  | (2)
Yankee Gas 2.88% Series T First Mortgage Bonds | 35.0 |  |  | August 2021 |  | August 2051 |  | (2)
EGMA 2.11% Series A First Mortgage Bonds | 310.0 |  |  | September 2021 |  | October 2031 |  | (2)
EGMA 2.92% Series B First Mortgage Bonds | 240.0 |  |  | September 2021 |  | October 2051 |  | (2)
NSTAR Gas 2.25% Series T First Mortgage Bonds | 40.0 |  |  | October 2021 |  | November 2031 |  | (2)
NSTAR Gas 3.03% Series U First Mortgage Bonds | 40.0 |  |  | October 2021 |  | November 2051 |  | (2)
(1) On August 10, 2021, Eversource Parent issued $350 million of floating rate Series T Senior Notes with a maturity date of August 15, 2023. The notes have a coupon rate based on the Compounded SOFR plus 0.25%. (2) The use of proceeds from these various issuances refinanced existing indebtedness, funded capital expenditures and were for general corporate purposes. The EGMA indebtedness that was refinanced included $309.4 million of long-term debt.

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21506-112644 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69E -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21521-112644 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21538-112644 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfShortTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration