XML 78 R43.htm IDEA: XBRL DOCUMENT
v3.22.4

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) | 12 Months Ended
--- | ---
Dec. 31, 2022
Equity [Abstract] |
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) | ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) The changes in accumulated other comprehensive income/(loss) by component, net of tax, are as follows:
| For the Year Ended December 31, 2022 |  | For the Year Ended December 31, 2021
Eversource (Millions of Dollars) | Qualified Cash Flow Hedging Instruments |  | Unrealized Gains/(Losses) on Marketable Securities |  | Defined Benefit Plans |  | Total |  | Qualified Cash Flow Hedging Instruments |  | Unrealized Gains/(Losses) on Marketable Securities |  | Defined Benefit Plans |  | Total
Balance as of January 1st | $ | (0.4) |  |  | $ | 0.4 |  |  | $ | (42.3) |  |  | $ | (42.3) |  |  | $ | (1.4) |  |  | $ | 1.1 |  |  | $ | (76.1) |  |  | $ | (76.4) |
OCI Before Reclassifications | — |  |  | (1.6) |  |  | (2.5) |  |  | (4.1) |  |  | — |  |  | (0.7) |  |  | 24.1 |  |  | 23.4 |
Amounts Reclassified from AOCI | — |  |  | — |  |  | 7.0 |  |  | 7.0 |  |  | 1.0 |  |  | — |  |  | 9.7 |  |  | 10.7 |
Net OCI | — |  |  | (1.6) |  |  | 4.5 |  |  | 2.9 |  |  | 1.0 |  |  | (0.7) |  |  | 33.8 |  |  | 34.1 |
Balance as of December 31st | $ | (0.4) |  |  | $ | (1.2) |  |  | $ | (37.8) |  |  | $ | (39.4) |  |  | $ | (0.4) |  |  | $ | 0.4 |  |  | $ | (42.3) |  |  | $ | (42.3) |
Defined benefit plan OCI amounts before reclassifications relate to actuarial gains and losses that arose during the year and were recognized in AOCI. The unamortized actuarial gains and losses and prior service costs on the defined benefit plans are amortized from AOCI into Other Income, Net over the average future employee service period, and are reflected in amounts reclassified from AOCI. The related tax effects of the defined benefit plan OCI amounts before reclassifications recognized in AOCI were net deferred tax assets of $1.3 million and $6.0 million in 2022 and 2020, respectively and were net deferred tax liabilities of $8.3 million in 2021. The following table sets forth the amounts reclassified from AOCI by component and the impacted line item on the statements of income:
| Amounts Reclassified from AOCI |  |
Eversource (Millions of Dollars) | For the Years Ended December 31, |  | Statements of Income Line Item Impacted
2022 |  | 2021 |  | 2020 |
Qualified Cash Flow Hedging Instruments | $ | — |  |  | $ | (1.7) |  |  | $ | (2.5) |  |  | Interest Expense
Tax Effect | — |  |  | 0.7 |  |  | 0.9 |  |  | Income Tax Expense
Qualified Cash Flow Hedging Instruments, Net of Tax | $ | — |  |  | $ | (1.0) |  |  | $ | (1.6) |  |  |
Defined Benefit Plan Costs: |  |  |  |  |  |  |
Amortization of Actuarial Losses | $ | (9.0) |  |  | $ | (13.1) |  |  | $ | (8.1) |  |  | Other Income, Net (1)
Amortization of Prior Service Cost | (0.3) |  |  | — |  |  | (0.3) |  |  | Other Income, Net (1)
Total Defined Benefit Plan Costs | (9.3) |  |  | (13.1) |  |  | (8.4) |  |  |
Tax Effect | 2.3 |  |  | 3.4 |  |  | 2.1 |  |  | Income Tax Expense
Defined Benefit Plan Costs, Net of Tax | $ | (7.0) |  |  | $ | (9.7) |  |  | $ | (6.3) |  |  |
Total Amounts Reclassified from AOCI, Net of Tax | $ | (7.0) |  |  | $ | (10.7) |  |  | $ | (7.9) |  |  |
(1) These amounts are included in the computation of net periodic Pension, SERP and PBOP costs. See Note 1K, "Summary of Significant Accounting Policies – Other Income, Net" and Note 11A, "Employee Benefits – Pension Benefits and Postretirement Benefits Other Than Pension," for further information.

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI https://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI https://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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