2011 Q4 Form 10-K Financial Statement

#000007274112000020 Filed on February 24, 2012

View on sec.gov

Income Statement

Concept 2011 Q4 2010 Q4 2010 Q3
Revenue $1.068B $1.204B $1.243B
YoY Change -11.3% -8.45% -4.82%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $79.40M $72.00M $181.7M
YoY Change 10.28% -7.46% 135.97%
% of Gross Profit
Operating Expenses $883.2M $1.009B $1.044B
YoY Change -12.44% -10.18% -8.74%
Operating Profit $184.9M $195.3M $199.6M
YoY Change -5.33%
Interest Expense -$65.70M -$25.10M $65.90M
YoY Change 161.75% -61.09% -203.61%
% of Operating Profit -35.53% -12.85% 33.02%
Other Income/Expense, Net $8.600M $10.30M $10.12M
YoY Change -16.5% 27.16% 189.09%
Pretax Income $127.8M $180.5M $143.9M
YoY Change -29.2% 32.72% 40.48%
Income Tax $13.00M $49.30M $41.92M
% Of Pretax Income 10.17% 27.31% 29.14%
Net Earnings $114.8M $131.3M $101.9M
YoY Change -12.57% 52.5% 53.93%
Net Earnings / Revenue 10.75% 10.9% 8.2%
Basic Earnings Per Share $0.57
Diluted Earnings Per Share $644.6K $740.0K $0.57
COMMON SHARES
Basic Shares Outstanding 177.0M shares 176.8M shares
Diluted Shares Outstanding 177.0M shares

Balance Sheet

Concept 2011 Q4 2010 Q4 2010 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $78.00M $102.0M $121.0M
YoY Change -23.53% 9.68% -61.34%
Cash & Equivalents $7.000M $23.00M $41.00M
Short-Term Investments $71.00M $78.00M $80.00M
Other Short-Term Assets $112.6M $100.4M $342.0M
YoY Change 12.14% -71.87% 16.33%
Inventory $249.0M $244.0M $247.0M
Prepaid Expenses
Receivables $488.0M $523.6M $526.0M
Other Receivables $0.00 $89.00M $0.00
Total Short-Term Assets $1.357B $1.507B $1.236B
YoY Change -9.92% 18.85% -16.49%
LONG-TERM ASSETS
Property, Plant & Equipment $10.40B $9.568B $9.318B
YoY Change 8.73% 8.24% 8.06%
Goodwill $300.0M $287.6M
YoY Change 4.31%
Intangibles
YoY Change
Long-Term Investments $2.100M $2.000M $46.00M
YoY Change 5.0% -96.36% -16.36%
Other Assets $172.6M $179.3M $3.410B
YoY Change -3.74% -95.03% -4.24%
Total Long-Term Assets $3.887B $3.398B $13.06B
YoY Change 14.38% -73.43% 4.28%
TOTAL ASSETS
Total Short-Term Assets $1.357B $1.507B $1.236B
Total Long-Term Assets $3.887B $3.398B $13.06B
Total Assets $15.65B $14.47B $14.30B
YoY Change 8.12% 2.95% 2.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $633.3M $417.3M $451.0M
YoY Change 51.76% -17.04% 10.0%
Accrued Expenses $75.00M $108.0M
YoY Change -10.71% 21.35%
Deferred Revenue
YoY Change
Short-Term Debt $317.0M $267.0M $156.0M
YoY Change 18.73% 167.0% -52.0%
Long-Term Debt Due $331.6M $66.29M $66.00M
YoY Change 400.23% 0.43% 0.0%
Total Short-Term Liabilities $1.948B $1.345B $1.057B
YoY Change 44.79% 37.4% -11.55%
LONG-TERM LIABILITIES
Long-Term Debt $4.615B $4.633B $4.883B
YoY Change -0.39% -6.12% 0.72%
Other Long-Term Liabilities $420.0M $447.5M $2.971B
YoY Change -6.14% -85.42% 0.64%
Total Long-Term Liabilities $4.840B $4.384B $7.854B
YoY Change 10.41% -45.23% 0.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.948B $1.345B $1.057B
Total Long-Term Liabilities $4.840B $4.384B $7.854B
Total Liabilities $6.788B $5.729B $10.46B
YoY Change 18.48% -44.72% 0.98%
SHAREHOLDERS EQUITY
Retained Earnings $1.652B $1.453B
YoY Change 13.7%
Common Stock $980.3M $978.9M
YoY Change 0.14%
Preferred Stock
YoY Change
Treasury Stock (at cost) -$346.7M -$354.7M
YoY Change -2.27%
Treasury Stock Shares 18.89M shares 19.33M shares
Shareholders Equity $4.013B $3.811B $3.839B
YoY Change
Total Liabilities & Shareholders Equity $15.65B $14.47B $14.30B
YoY Change 8.12% 2.95% 2.08%

Cashflow Statement

Concept 2011 Q4 2010 Q4 2010 Q3
OPERATING ACTIVITIES
Net Income $114.8M $131.3M $101.9M
YoY Change -12.57% 52.5% 53.93%
Depreciation, Depletion And Amortization $79.40M $72.00M $181.7M
YoY Change 10.28% -7.46% 135.97%
Cash From Operating Activities $82.00M $249.9M $309.8M
YoY Change -67.19% 9.61% 22.55%
INVESTING ACTIVITIES
Capital Expenditures -$327.6M -$276.9M -$235.2M
YoY Change 18.31% 1.17% 10.16%
Acquisitions
YoY Change
Other Investing Activities $18.90M $8.700M -$6.700M
YoY Change 117.24% 180.65% -578.57%
Cash From Investing Activities -$308.7M -$268.2M -$241.9M
YoY Change 15.1% -0.92% 14.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 216.7M 600.0K -115.6M
YoY Change 36016.67% -100.33% -57.62%
NET CHANGE
Cash From Operating Activities 82.00M 249.9M 309.8M
Cash From Investing Activities -308.7M -268.2M -241.9M
Cash From Financing Activities 216.7M 600.0K -115.6M
Net Change In Cash -10.00M -17.70M -47.70M
YoY Change -43.5% -92.03% -79.45%
FREE CASH FLOW
Cash From Operating Activities $82.00M $249.9M $309.8M
Capital Expenditures -$327.6M -$276.9M -$235.2M
Free Cash Flow $409.6M $526.8M $545.0M
YoY Change -22.25% 5.0% 16.88%

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DeferredIncomeTaxExpenseBenefit
196761000 USD
CY2009 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
125890000 USD
CY2011 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
133000000 USD
CY2011 us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
76896000 USD
CY2009 us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
-37868000 USD
CY2009 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
58732000 USD
CY2011 us-gaap Increase Decrease In Fair Value Of Unhedged Derivative Instruments
IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments
35441000 USD
CY2009 us-gaap Increase Decrease In Fair Value Of Unhedged Derivative Instruments
IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments
18798000 USD
CY2011 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-29751000 USD
CY2009 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-26003000 USD
CY2011 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-17570000 USD
CY2009 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-91081000 USD
CY2011 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
11033000 USD
CY2009 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-25957000 USD
CY2011 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-49642000 USD
CY2009 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-16194000 USD
CY2011 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
18916000 USD
CY2009 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-208180000 USD
CY2011 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-12569000 USD
CY2009 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
6876000 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
970386000 USD
CY2009 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
989118000 USD
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1076730000 USD
CY2009 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
908146000 USD
CY2011 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
149441000 USD
CY2009 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
208947000 USD
CY2011 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
151972000 USD
CY2011 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-13833000 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1018587000 USD
CY2009 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
162381000 USD
CY2009 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
5559000 USD
CY2011 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
69312000 USD
CY2011 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-7123000 USD
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
31365000 USD
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-16836000 USD
CY2011 us-gaap Pension Contributions
PensionContributions
191101000 USD
CY2009 us-gaap Pension Contributions
PensionContributions
37160000 USD
CY2011 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
46841000 USD
CY2009 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2011 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
369586000 USD
CY2010 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
31352000 USD
CY2010 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
210939000 USD
CY2010 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
103861000 USD
CY2010 us-gaap Pension Contributions
PensionContributions
90633000 USD
CY2010 us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
-20750000 USD
CY2010 us-gaap Increase Decrease In Fair Value Of Unhedged Derivative Instruments
IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments
11812000 USD
CY2010 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-72151000 USD
CY2010 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
51285000 USD
CY2010 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-38126000 USD
CY2010 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
82103000 USD
CY2010 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-44355000 USD
CY2010 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-17466000 USD
CY2010 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1093463000 USD
CY2010 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
954472000 USD
CY2010 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
174865000 USD
CY2010 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
177204000 USD
CY2010 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2010 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1157000 USD
CY2010 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-957968000 USD
CY2009 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-518584000 USD
CY2009 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
462000000 USD
CY2010 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
260864000 USD
CY2010 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
4286000 USD
CY2010 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
512000 USD
CY2010 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-139052000 USD
CY2010 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-3557000 USD
CY2009 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
211243000 USD
CY2009 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-7963000 USD
CY2009 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-902479000 USD
CY2008Q4 us-gaap Cash
Cash
89816000 USD
CY2009Q4 us-gaap Cash
Cash
26952000 USD
CY2011 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0 USD
CY2011 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
194555000 USD
CY2011 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
5559000 USD
CY2011 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
50000000 USD
CY2011 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
627500000 USD
CY2010 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0 USD
CY2010 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
180542000 USD
CY2010 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
5559000 USD
CY2010 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
166687000 USD
CY2010 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
145000000 USD
CY2009 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
383295000 USD
CY2009 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
54286000 USD
CY2009 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
244075000 USD
CY2009 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-9913000 USD
CY2009 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-149503000 USD
CY2009 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-62864000 USD
CY2011Q4 nu Exchange Ratio For Common Shares Converted As A Result Of Merger
ExchangeRatioForCommonSharesConvertedAsAResultOfMerger
1.312 pure
CY2011Q4 nu Nu Ownership Post Merger
NuOwnershipPostMerger
0.56 pure
CY2011Q4 nu Common Shares Issued As A Result Of Merger
CommonSharesIssuedAsAResultOfMerger
137000000 shares
CY2011Q4 nu Nstar Ownership Post Merger
NstarOwnershipPostMerger
0.44 pure
CY2010Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
39800000 USD
CY2011Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
34900000 USD
CY2010Q4 nu Rate Reduction Bond Deposits
RateReductionBondDeposits
53100000 USD
CY2011Q4 nu Rate Reduction Bond Deposits
RateReductionBondDeposits
29500000 USD
CY2011 nu Other Deposits
OtherDeposits
17700000 USD
CY2010 nu Other Deposits
OtherDeposits
29900000 USD
CY2011Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
17900000 USD
CY2010Q4 us-gaap Equity Method Investments
EquityMethodInvestments
2000000 USD
CY2011Q4 us-gaap Equity Method Investments
EquityMethodInvestments
2100000 USD
CY2011Q4 nu Schedule21 Nu Wholesale Transmission Revenue Rates Overrecoveryunderrecovery Position
Schedule21NuWholesaleTransmissionRevenueRatesOverrecoveryunderrecoveryPosition
31400000 USD
CY2011Q4 nu Schedule Of Fuel Costs
ScheduleOfFuelCosts
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 10px"><td style="width: 190px; text-align:left;border-color:#000000;min-width:190px;">&#160;</td><td colspan="8" style="width: 290px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:290px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">For the Years Ended December 31,</font></td></tr><tr style="height: 10px"><td style="width: 190px; text-align:left;border-color:#000000;min-width:190px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: left;">(Millions of Dollars)</font></td><td colspan="2" style="width: 90px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:90px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td colspan="2" style="width: 90px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:90px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td colspan="2" style="width: 90px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:90px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">2009</font></td></tr><tr style="height: 10px"><td style="width: 190px; text-align:left;border-color:#000000;min-width:190px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">NU</font></td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 80px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 307.9</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 80px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 391.6</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 80px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 401.7</font></td></tr><tr style="height: 9px"><td style="width: 190px; text-align:left;border-color:#000000;min-width:190px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">PSNH</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 115.9</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 184.3</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 174.1</font></td></tr><tr style="height: 10px"><td style="width: 190px; text-align:left;border-color:#000000;min-width:190px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">Yankee Gas</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 191.3</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 206.4</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 226.1</font></td></tr></table></div>
CY2011 nu Fuel Power Costs
FuelPowerCosts
307900000 USD
CY2010 nu Fuel Power Costs
FuelPowerCosts
391600000 USD
CY2009 nu Fuel Power Costs
FuelPowerCosts
401700000 USD
CY2011 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Interest
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest
-11800000 USD
CY2011 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
22500000 USD
CY2011 nu Public Utilities Allowance For Funds Used During Construction Capitalized Total
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedTotal
34300000 USD
CY2010 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Interest
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest
-10200000 USD
CY2010 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
16700000 USD
CY2010 nu Public Utilities Allowance For Funds Used During Construction Capitalized Total
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedTotal
26900000 USD
CY2009 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Interest
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest
-5900000 USD
CY2009 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
9400000 USD
CY2009 nu Public Utilities Allowance For Funds Used During Construction Capitalized Total
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedTotal
15300000 USD
CY2011 us-gaap Public Utilities Allowance For Funds Used During Construction Rate
PublicUtilitiesAllowanceForFundsUsedDuringConstructionRate
0.073 pure
CY2010 us-gaap Public Utilities Allowance For Funds Used During Construction Rate
PublicUtilitiesAllowanceForFundsUsedDuringConstructionRate
0.071 pure
CY2009 us-gaap Public Utilities Allowance For Funds Used During Construction Rate
PublicUtilitiesAllowanceForFundsUsedDuringConstructionRate
0.061 pure
CY2011 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
137800000 USD
CY2010 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
143700000 USD
CY2009 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
135600000 USD
CY2011 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
168500000 USD
CY2010 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
127900000 USD
CY2009 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
125500000 USD
CY2011 us-gaap Interest Paid Net
InterestPaidNet
256300000 USD
CY2010 us-gaap Interest Paid Net
InterestPaidNet
258300000 USD
CY2009 us-gaap Interest Paid Net
InterestPaidNet
263800000 USD
CY2009 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
35100000 USD
CY2010 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
84500000 USD
CY2011 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-76600000 USD
CY2010 nu Contributions To Nu Foundation
ContributionsToNuFoundation
2000000 USD
CY2011Q4 us-gaap Regulatory Assets
RegulatoryAssets
3522800000 USD
CY2010Q4 us-gaap Regulatory Assets
RegulatoryAssets
2995300000 USD
CY2011 us-gaap Description Of Regulatory Costs Not Yet Approved
DescriptionOfRegulatoryCostsNotYetApproved
Additionally, the Regulated companies had $32.4 million ($5 million for CL&P, $22.4 million for PSNH, and $1.6 million for WMECO) and $37.5 million ($0.6 million for CL&P, $26.5 million for PSNH, and $1.9 million for WMECO) of regulatory costs as of December&#160;31, 2011 and 2010, respectively, which were included in Other Long-Term Assets on the accompanying consolidated balance sheets. These amounts represent incurred costs that have not yet been approved for recovery by the applicable regulatory agency. Management believes these costs are probable of recovery in future cost-of-service regulated rates. Of the total December 31, 2011 amount, $21.7 million for PSNH related to costs incurred for Tropical Storm Irene and the October snowstorm restorations that met the NHPUC criteria for cost deferral. Refer to the "Storm Cost Deferrals" section below for further discussion.
CY2011 nu Description Of Regulatory Costs Recently Approved
DescriptionOfRegulatoryCostsRecentlyApproved
The December&#160;31, 2010 balance of regulatory costs included in Other Long-Term Assets at PSNH included costs incurred for the February 2010 wind storm restorations that met the NHPUC specified criteria for cost deferral and certain costs related to previously recognized lost tax benefits as a result of a provision in the 2010 Healthcare Act that eliminated the tax deductibility of actuarially equivalent Medicare Part D benefits for retirees. During June 2011, the NHPUC approved these costs for recovery, with a return on the storm costs, and PSNH recorded a regulatory asset of $10.9 million related to the wind storm restoration costs and $7.2 million for the recovery of the lost tax benefits. On July 28, 2010, PURA allowed the creation by CL&P of a regulatory asset for the recovery of lost tax benefits as a result of the 2010 Healthcare Act, subject to review in its next rate case. On January&#160;31, 2011, the DPU allowed the creation by WMECO of a regulatory asset as a result of the 2010 Healthcare Act. NU has concluded that the costs associated with these lost tax benefits are probable of recovery and as of December 31, 2011, $32.2 million ($18.9 million for CL&P, $6.6 million for PSNH, $3.2 million for WMECO and $3.5 million for Yankee Gas) are included in Other Regulatory Assets in the table above. These assets are not earning a return. PSNH and WMECO's costs are being recovered over a period of 5 to 7 years. For further information regarding the 2010 Healthcare Act, see Note 11, "Income Taxes," to the consolidated financial statements.
CY2011 nu Description Of Accumulated Equity Return
DescriptionOfAccumulatedEquityReturn
For rate-making purposes, the Regulated companies recover the cost of allowed equity return on certain regulatory assets. This cost, which is not recorded on the accompanying consolidated balance sheets, totaled $3.5 million and $6.1 million for CL&P and $7.6 million and $0.5 million for PSNH as of December 31, 2011 and 2010, respectively. These costs will be recovered in rates.
CY2011 us-gaap Description Of Regulatory Assets And Liabilities
DescriptionOfRegulatoryAssetsAndLiabilities
Deferred Benefit Costs: NU's Pension, SERP and PBOP Plans are accounted for in accordance with accounting guidance on defined benefit pension and other postretirement plans. Under this accounting guidance, the funded status of pension and other postretirement plans is recorded with an offset to Accumulated Other Comprehensive Income/(Loss) and is remeasured annually. However, because the Regulated companies are rate-regulated on a cost-of-service basis, offsets were recorded as regulatory assets as of December&#160;31, 2011 and 2010 as these amounts have been, and continue to be, recoverable in cost-of-service regulated rates. Regulatory accounting was also applied to the portions of the NUSCO costs that support the Regulated companies, as these amounts are also recoverable. The deferred benefit costs of CL&P and PSNH are not in rate base. WMECO's deferred benefit costs are earning an equity return at the same rate as the assets included in rate base. Pension and PBOP costs are expected to be amortized into expense over the average future employee service period of approximately 10 and 9 years, respectively. Regulatory Assets Offsetting Derivative Liabilities: The regulatory assets offsetting derivative liabilities relate to the fair value of contracts used to purchase power and other related contracts that will be collected from customers in the future. Included in these amounts are derivative liabilities relating to CL&P's capacity contracts, referred to as CfDs. See Note&#160;4, "Derivative Instruments," to the consolidated financial statements for further information. &#160;These assets are excluded from rate base and are being recovered as the actual settlement occurs over the duration of the contracts. Securitized Assets: In April 2001, PSNH issued RRBs in the amount of $525 million. PSNH used the majority of the proceeds from that issuance to buydown its power contracts with an affiliate, North Atlantic Energy Corporation. In May 2001, WMECO issued $155 million in RRBs and used the majority of the proceeds from that issuance to buyout an IPP contract. These assets are not earning an equity return and are being recovered over the amortization period of their associated RRBs. PSNH RRBs are scheduled to fully amortize by May 1, 2013 and WMECO RRBs are scheduled to fully amortize by June 1, 2013. Income Taxes, Net: The tax effect of temporary differences (differences between the periods in which transactions affect income in the financial statements and the periods in which they affect the determination of taxable income, including those differences relating to uncertain tax positions) is accounted for in accordance with the rate-making treatment of the applicable regulatory commissions and accounting guidance for income taxes. Differences in income taxes between the accounting guidance and the rate-making treatment of the applicable regulatory commissions are recorded as regulatory assets. These assets are excluded from rate base. For further information regarding income taxes, see Note 11, "Income Taxes," to the consolidated financial statements. Unrecovered Contractual Obligations: Under the terms of contracts with CYAPC, YAEC and MYAPC, CL&P, PSNH and WMECO are responsible for their proportionate share of the remaining costs of the nuclear facilities, including decommissioning. A portion of these amounts was recorded as unrecovered contractual obligations regulatory assets. These obligations for CL&P are earning a return and are being recovered through the CTA. Amounts for WMECO are being recovered without a return and are anticipated to be recovered by 2013, the scheduled completion date of stranded cost recovery. Amounts for PSNH were fully recovered by 2006. Regulatory Tracker Deferrals: Regulatory tracker deferrals are approved rate mechanisms that allow utilities to recover costs in specific business segments through reconcilable tracking mechanisms that are reviewed at least annually by the applicable regulatory commission. The reconciliation process produces deferrals for future recovery or refund, which can be either under or over-collections to be included in future customer rates each year. Regulatory tracker deferrals are recorded as regulatory assets if costs are in excess of collections from customers and are recorded as regulatory liabilities if collections from customers are in excess of costs. All material regulatory tracker deferrals that are in a regulatory asset position are earning some form of return. The following regulatory tracker deferrals were recorded as either regulatory assets or liabilities as of December 31, 2011 and 2010: CL&P Reconciliation Mechanisms: The PURA has established several reconciliation mechanisms, which allow CL&P to recover costs associated with the procurement of energy for SS and LRS, congestion and other costs associated with power market rules approved by the FERC or as approved by the PURA, C&LM programs, the retail transmission of energy, certain regulatory and energy public policy costs, such as hardship protection costs and transition period property taxes, and stranded costs, such as the amortization of regulatory assets and IPP over market costs. As part of the CTA mechanism reconciliation process, CL&P has also established an obligation to refund the variable incentive portion of its transition service procurement fee, which totaled $26.3 million and $24.7 million as of December&#160;31, 2011 and 2010, respectively, and was recorded as a regulatory liability. PSNH Reconciliation Mechanisms: The NHPUC permits PSNH to recover the costs of providing generation, restructuring costs as a result of deregulation, the retail transmission of energy, and the cost of C&LM programs through various reconciliation mechanisms. WMECO Reconciliation Mechanisms: The DPU has approved a number of individual cost and revenue requirement recovery mechanisms. These mechanisms recover costs associated with providing energy, retail transmission of energy, administrative costs to procure energy, bad debt costs associated with providing energy, company investments in renewable energy, such as solar, and credits given to customers who generate renewable energy. There is also a mechanism for the recovery of stranded generation costs. Additionally, the DPU has provided cost and revenue requirement recovery mechanisms for certain operating expenses. These individual mechanisms include recovery of pension and PBOP costs, certain state government regulatory review, energy efficiency programs, customer arrearage forgiveness programs and low income customer discounts. In the January 31, 2011 rate case, WMECO received approval for a revenue decoupling reconciliation mechanism, which provides assurance that WMECO will recover a DPU pre-established level of baseline distribution delivery service revenue to manage all other distribution operating expenses and earn a level of return on its capital investment. Storm Cost Deferrals: The storm cost deferrals relate to costs incurred at CL&P, PSNH and WMECO for restorations that met regulatory agency specified criteria for cost deferral. On June 1, 2011, a series of severe thunderstorms with high winds, including tornadoes, struck portions of WMECO&#8217;s service territory. On June 9, 2011, another series of severe thunderstorms with high winds struck CL&P, PSNH and WMECO's service territories. The cost of restoration that was deferred for future recovery from customers and recorded as a regulatory asset as of December 31, 2011 for CL&P and WMECO totaled $11 million and $3.3 million, respectively. On August 28, 2011, Tropical Storm Irene caused extensive damage to NU&#8217;s distribution system. The estimated cost of restoration that was deferred for future recovery from customers and recorded as a regulatory asset as of December 31, 2011 for CL&P and WMECO totaled $105.6 million and $3.2 million, respectively. PSNH recorded $7 million in Other Long-Term Assets as previously described. On October 29, 2011, an unprecedented storm inundated NU&#8217;s service territory with heavy snow causing significant damage to NU&#8217;s distribution and transmission systems. In terms of customer outages, this was the most severe storm in CL&P&#8217;s history, surpassing Tropical Storm Irene; the third most severe in PSNH&#8217;s history and the most severe in WMECO's history. The estimated cost of restoration that was deferred for future recovery from customers and recorded as a regulatory asset as of December 31, 2011 for CL&P and WMECO totaled $157.7 million and $23.5 million, respectively. PSNH recorded $14.7 million in Other Long-Term Assets as previously described. The estimated cost of restoration is subject to change as additional cost information becomes available. Management believes its response to the storm damage was prudent and therefore believes it is probable that CL&P, PSNH and WMECO will be allowed to recover these deferred storm costs. CL&P, PSNH and WMECO will seek recovery of these estimated deferred storm costs through the appropriate regulatory recovery process. The PSNH deferral as of December&#160;31, 2011 relates to remaining costs incurred for a major storm in December 2008 and the February 2010 wind storm restorations, both of which were approved for recovery and are included in rate base. WMECO's remaining storm deferral relates to 2008 and 2010 storm costs, which were approved for recovery and are earning a return. Asset Retirement Obligations: The costs associated with the depreciation of the Regulated companies' ARO assets and accretion of the ARO liabilities are recorded as regulatory assets in accordance with regulatory accounting guidance. For CL&P and WMECO, ARO assets, regulatory assets and liabilities offset and are excluded from rate base. PSNH's ARO assets, regulatory assets and liabilities are included in rate base. These costs are being recovered over the life of the underlying property, plant and equipment. Losses on Reacquired Debt: The regulatory asset relates to the losses associated with the reacquisition or redemption of long-term debt and are amortized over the life of the respective long-term debt issuance. These deferred losses are incorporated as part of debt costs included in the rate of return calculation. Deferred Environmental Remediation Costs: This regulatory asset relates to environmental remediation costs at PSNH of $9.7 million and Yankee Gas of $28.8 million. Both PSNH and Yankee Gas have regulatory rate recovery mechanisms for environmental costs and accordingly, offsets to environmental reserves were recorded as regulatory assets. Management continues to believe these costs are probable of recovery in future cost-of-service regulated rates. Deferred Operation and Maintenance Costs: This regulatory asset represents the deferral of maintenance expense in connection with the deferred recovery of revenue requirements for the period July 1, 2010 through December 31, 2010, as allowed by the PURA. CL&P is allowed to recover these costs from January 1, 2011 through June&#160;30, 2012. Cost of Removal: NU's Regulated companies currently recover amounts in rates for future costs of removal of plant assets over the lives of the assets. These amounts are classified as Regulatory Liabilities on the accompanying consolidated balance sheets. Regulatory Liabilities Offsetting Derivative Assets: The regulatory liabilities offsetting derivative assets relate to the fair value of contracts used to purchase power and other related contracts that will benefit customers in the future. See Note&#160;4, "Derivative Instruments," to the consolidated financial statements for further information. This liability is excluded from rate base and is refunded as the actual settlement occurs over the duration of the contracts. AFUDC Transmission Incentive: AFUDC was recorded on 100 percent of CL&P and WMECO's CWIP for their NEEWS projects through May&#160;31, 2011, all of which was reserved as a regulatory liability to reflect rate base recovery for 100 percent of the CWIP as a result of FERC-approved transmission incentives. Effective June 1, 2011, FERC approved changes to the ISO-NE Tariff in order to include 100 percent of the NEEWS CWIP in regional rate base. As a result, CL&P and WMECO no longer record AFUDC on NEEWS CWIP. Overrecovered Spent Nuclear Fuel Costs and Contractual Obligations: CL&P and WMECO currently recover amounts in rates for costs of disposal of spent nuclear fuel and high-level radioactive waste for the period prior to the sale of their ownership shares in the Millstone nuclear power stations. Collections in excess of these costs are recorded as regulatory liabilities. CL&P has also established a regulatory liability for the overrecovery of its proportionate share of the remaining costs, including decommissioning, of the MYAPC nuclear facility. Wholesale Transmission Overcollections: CL&P, PSNH and WMECO's transmission rates recover total transmission revenue requirements, recovering all regional and local revenue requirements for providing transmission service. These rates provide for annual reconciliations to actual costs and the difference between billed and actual costs is deferred. Regulatory liabilities were recorded for collections in excess of costs. Pension Liability - Yankee Gas Acquisition: When Yankee Gas was acquired by NU, the pension liability was adjusted to fair value with an offset to the adjustment recorded as a regulatory liability, as approved by the PURA. The pension liability was approved for amortization over an approximate 13-year period beginning in 2002.
CY2011Q4 us-gaap Regulatory Liabilities
RegulatoryLiabilities
433900000 USD
CY2010Q4 us-gaap Regulatory Liabilities
RegulatoryLiabilities
439100000 USD
CY2011Q4 us-gaap Public Utilities Property Plant And Equipment Distribution
PublicUtilitiesPropertyPlantAndEquipmentDistribution
6540400000 USD
CY2011Q4 nu Public Utilities Property Plant And Equipment Distribution Natural Gas
PublicUtilitiesPropertyPlantAndEquipmentDistributionNaturalGas
1247600000 USD
CY2011Q4 us-gaap Public Utilities Property Plant And Equipment Transmission
PublicUtilitiesPropertyPlantAndEquipmentTransmission
3541900000 USD
CY2011Q4 us-gaap Public Utilities Property Plant And Equipment Generation Or Processing
PublicUtilitiesPropertyPlantAndEquipmentGenerationOrProcessing
1096000000 USD
CY2011Q4 nu Public Utilities Property Plant And Equipment Electric And Natural Gas Utility Total
PublicUtilitiesPropertyPlantAndEquipmentElectricAndNaturalGasUtilityTotal
12425900000 USD
CY2011Q4 us-gaap Public Utilities Property Plant And Equipment Other Property Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentOtherPropertyPlantAndEquipment
305100000 USD
CY2011Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
12731000000 USD
CY2011Q4 nu Electric And Natural Gas Utility Accumulated Depreciation
ElectricAndNaturalGasUtilityAccumulatedDepreciation
3035500000 USD
CY2011Q4 nu Other Accumulated Depreciation
OtherAccumulatedDepreciation
120200000 USD
CY2011Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
3155700000 USD
CY2011Q4 nu Property Plant And Equipment Net Excluding Construction Work In Progress
PropertyPlantAndEquipmentNetExcludingConstructionWorkInProgress
9575300000 USD
CY2011Q4 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress
827800000 USD
CY2010Q4 us-gaap Public Utilities Property Plant And Equipment Distribution
PublicUtilitiesPropertyPlantAndEquipmentDistribution
6197200000 USD
CY2010Q4 nu Public Utilities Property Plant And Equipment Distribution Natural Gas
PublicUtilitiesPropertyPlantAndEquipmentDistributionNaturalGas
1126600000 USD
CY2010Q4 us-gaap Public Utilities Property Plant And Equipment Transmission
PublicUtilitiesPropertyPlantAndEquipmentTransmission
3378000000 USD
CY2010Q4 us-gaap Public Utilities Property Plant And Equipment Generation Or Processing
PublicUtilitiesPropertyPlantAndEquipmentGenerationOrProcessing
697100000 USD
CY2010Q4 nu Public Utilities Property Plant And Equipment Electric And Natural Gas Utility Total
PublicUtilitiesPropertyPlantAndEquipmentElectricAndNaturalGasUtilityTotal
11398900000 USD
CY2010Q4 us-gaap Public Utilities Property Plant And Equipment Other Property Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentOtherPropertyPlantAndEquipment
305500000 USD
CY2010Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
11704400000 USD
CY2010Q4 nu Electric And Natural Gas Utility Accumulated Depreciation
ElectricAndNaturalGasUtilityAccumulatedDepreciation
2862300000 USD
CY2010Q4 nu Other Accumulated Depreciation
OtherAccumulatedDepreciation
119900000 USD
CY2010Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
2982200000 USD
CY2010Q4 nu Property Plant And Equipment Net Excluding Construction Work In Progress
PropertyPlantAndEquipmentNetExcludingConstructionWorkInProgress
8722200000 USD
CY2010Q4 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress
845500000 USD
CY2011Q4 nu Advance Payments On Equipment Purchase Contracts
AdvancePaymentsOnEquipmentPurchaseContracts
15200000 USD
CY2010Q4 nu Advance Payments On Equipment Purchase Contracts
AdvancePaymentsOnEquipmentPurchaseContracts
9300000 USD
CY2011 nu Distribution Average Depreciable Lives
DistributionAverageDepreciableLives
38.8 pure
CY2011 nu Transmission Average Depreciable Lives
TransmissionAverageDepreciableLives
41.2 pure
CY2011 nu Generation Average Depreciable Lives
GenerationAverageDepreciableLives
29.6 pure
CY2011 nu Other Average Depreciable Lives
OtherAverageDepreciableLives
17.7 pure
CY2011 nu Schedule Of Plant Average Depreciable Lives
ScheduleOfPlantAverageDepreciableLives
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 10px"><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 110px; text-align:left;border-color:#000000;min-width:110px;">&#160;</td><td colspan="11" style="width: 390px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:390px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Average Depreciable Life</font></td></tr><tr style="height: 10px"><td colspan="2" style="width: 120px; text-align:left;border-color:#000000;min-width:120px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: left;">(Years)</font></td><td colspan="2" style="width: 90px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:90px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">NU</font></td><td style="width: 10px; 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border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 42.1</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 33.9</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 29.6</font></td></tr><tr style="height: 10px"><td colspan="2" style="width: 120px; 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text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 47.0</font></td></tr><tr style="height: 10px"><td colspan="2" style="width: 120px; text-align:left;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">Generation</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 29.6</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 29.6</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 25.0</font></td></tr><tr style="height: 10px"><td colspan="2" style="width: 120px; text-align:left;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">Other</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 17.7</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td></tr></table></div>
CY2011 us-gaap Property Plant And Equipment Depreciation Methods
PropertyPlantAndEquipmentDepreciationMethods
The provision for depreciation on utility assets is calculated using the straight-line method based on the estimated remaining useful lives of depreciable plant in-service, adjusted for salvage value and removal costs, as approved by the appropriate regulatory agency (the PURA, NHPUC and the DPU for CL&P, PSNH and WMECO, respectively). Depreciation rates are applied to plant-in-service from the time it is placed in service. When a plant is retired from service, the original cost of the plant is charged to the accumulated provision for depreciation, which includes cost of removal less salvage. Cost of removal is classified as a Regulatory Liability on the accompanying consolidated balance sheets.
CY2011 nu Schedule Of Plant Depreciation Rates
ScheduleOfPlantDepreciationRates
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 10px"><td style="width: 110px; text-align:left;border-color:#000000;min-width:110px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: left;">(Percent)</font></td><td colspan="2" style="width: 90px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:90px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td colspan="2" style="width: 90px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:90px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td colspan="2" style="width: 90px; 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CY2011 nu Public Utilities Property Plant And Equipment Depreciation Rates
PublicUtilitiesPropertyPlantAndEquipmentDepreciationRates
0.026 pure
CY2010 nu Public Utilities Property Plant And Equipment Depreciation Rates
PublicUtilitiesPropertyPlantAndEquipmentDepreciationRates
0.027 pure
CY2009 nu Public Utilities Property Plant And Equipment Depreciation Rates
PublicUtilitiesPropertyPlantAndEquipmentDepreciationRates
0.029 pure
CY2011Q4 nu Current Derivative Assets Consolidated
CurrentDerivativeAssetsConsolidated
13300000 USD
CY2010Q4 nu Current Derivative Assets Consolidated
CurrentDerivativeAssetsConsolidated
17300000 USD
CY2011 us-gaap Description Of Derivative Activity Volume
DescriptionOfDerivativeActivityVolume
As of December 31, 2011 and 2010, NU had approximately 0.1 million and 0.3 million MWh, respectively, of supply volumes remaining in its unregulated wholesale portfolio when expected sales are compared with contracted supply, both of which extend through 2013.
CY2011Q4 nu Derivative Assets Subject To Credit Risk With Investment Grade Counterparty
DerivativeAssetsSubjectToCreditRiskWithInvestmentGradeCounterparty
102000000 USD
CY2011Q4 us-gaap Notional Amount Of Fair Value Hedge Instruments
NotionalAmountOfFairValueHedgeInstruments
263000000 USD
CY2010 nu Interest Realized In Earnings On Fair Value Hedge
InterestRealizedInEarningsOnFairValueHedge
10900000 USD
CY2011 nu Interest Realized In Earnings On Fair Value Hedge
InterestRealizedInEarningsOnFairValueHedge
10500000 USD
CY2011 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments
1000000 USD
CY2011 us-gaap Increase Decrease In Fair Value Of Hedged Item In Interest Rate Fair Value Hedge
IncreaseDecreaseInFairValueOfHedgedItemInInterestRateFairValueHedge
-1000000 USD
CY2010 us-gaap Increase Decrease In Fair Value Of Hedged Item In Interest Rate Fair Value Hedge
IncreaseDecreaseInFairValueOfHedgedItemInInterestRateFairValueHedge
-9500000 USD
CY2010 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments
9500000 USD
CY2009 us-gaap Increase Decrease In Fair Value Of Hedged Item In Interest Rate Fair Value Hedge
IncreaseDecreaseInFairValueOfHedgedItemInInterestRateFairValueHedge
-1600000 USD
CY2009 nu Interest Realized In Earnings On Fair Value Hedge
InterestRealizedInEarningsOnFairValueHedge
9100000 USD
CY2009 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments
1600000 USD
CY2011 us-gaap Cash Flow Hedge Gain Loss Reclassified To Interest Expense Net
CashFlowHedgeGainLossReclassifiedToInterestExpenseNet
-1300000 USD
CY2010 us-gaap Cash Flow Hedge Gain Loss Reclassified To Interest Expense Net
CashFlowHedgeGainLossReclassifiedToInterestExpenseNet
-400000 USD
CY2011 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPeriodIncreaseDecrease
-25100000 USD
CY2009 us-gaap Cash Flow Hedge Gain Loss Reclassified To Interest Expense Net
CashFlowHedgeGainLossReclassifiedToInterestExpenseNet
-400000 USD
CY2011Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
4100000 USD
CY2011Q4 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
19900000 USD
CY2011Q4 nu Standby Letters Of Credit Posted
StandbyLettersOfCreditPosted
0 USD
CY2011Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
23500000 USD
CY2010Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
30900000 USD
CY2010Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
500000 USD
CY2010Q4 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
18500000 USD
CY2010Q4 nu Standby Letters Of Credit Posted
StandbyLettersOfCreditPosted
24000000 USD
CY2009Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
761200000 USD
CY2010Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
840200000 USD
CY2011 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
500000 USD
CY2011 nu Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Liability Gain Loss Included In Reg Asset Liability
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLiabilityGainLossIncludedInRegAssetLiability
-161000000 USD
CY2011 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
38500000 USD
CY2010 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
2700000 USD
CY2010 nu Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Liability Gain Loss Included In Reg Asset Liability
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLiabilityGainLossIncludedInRegAssetLiability
-81200000 USD
CY2010 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
-500000 USD
CY2011 us-gaap Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings
FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings
700000 USD
CY2010 us-gaap Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings
FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings
1200000 USD
CY2011 nu Rollforward Of Net Derivative Asset Liabilities Valued Using Unobservable Inputs
RollforwardOfNetDerivativeAssetLiabilitiesValuedUsingUnobservableInputs
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 9px"><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 275px; text-align:left;border-color:#000000;min-width:275px;">&#160;<sup></sup></td><td colspan="8" style="width: 320px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:320px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">NU</font></td></tr><tr style="height: 9px"><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 275px; text-align:left;border-color:#000000;min-width:275px;">&#160;<sup></sup></td><td colspan="2" style="width: 100px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Commodity</font></td><td style="width: 10px; 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border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:90px;">&#160;</td></tr><tr style="height: 9px"><td colspan="2" style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"><font style="TEXT-DECORATION: underline;FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">Derivatives, Net: </font><sup></sup></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 90px; text-align:left;border-color:#000000;min-width:90px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 90px; text-align:left;border-color:#000000;min-width:90px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 90px; 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border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:70px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:70px;">&#160;</td></tr><tr style="height: 11px"><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 274px; text-align:left;border-color:#000000;min-width:274px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">Regulatory Assets/Liabilities</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> (150.8)</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> (2.8)</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> (153.6)</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> (7.3)</font></td></tr><tr style="height: 11px"><td colspan="2" style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">Settlements</font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 26.8</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 1.3</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 28.1</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td></tr><tr style="height: 11px"><td colspan="2" style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">Fair Value as of December 31, 2011</font></td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> (932.0)</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 0.4</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> (931.6)</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> (7.3)</font></td></tr></table></div>
CY2011Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
962200000 USD
CY2011Q4 nu Fair Value Of Securities Under Fair Value Option
FairValueOfSecuritiesUnderFairValueOption
41100000 USD
CY2010Q4 nu Fair Value Of Securities Under Fair Value Option
FairValueOfSecuritiesUnderFairValueOption
42200000 USD
CY2011 us-gaap Fair Value Option Changes In Fair Value Gain Loss
FairValueOptionChangesInFairValueGainLoss
-1100000 USD
CY2010 us-gaap Fair Value Option Changes In Fair Value Gain Loss
FairValueOptionChangesInFairValueGainLoss
6900000 USD
CY2010Q4 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
1300000 USD
CY2011Q4 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
2000000 USD
CY2011Q4 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
-200000 USD
CY2011Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
88400000 USD
CY2011Q4 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
90200000 USD
CY2010Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
86300000 USD
CY2010Q4 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
87300000 USD
CY2010Q4 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
-300000 USD
CY2011Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
29900000 USD
CY2011Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
25400000 USD
CY2011Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
10900000 USD
CY2011Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
22200000 USD
CY2011Q4 us-gaap Available For Sale Securities Debt Maturities Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost
88400000 USD
CY2011Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
29900000 USD
CY2011Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
25600000 USD
CY2011Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
11300000 USD
CY2011Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
23400000 USD
CY2011Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
90200000 USD
CY2011Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
131300000 USD
CY2010Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
129500000 USD
CY2010Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
53300000 USD
CY2011 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
2100000 USD
CY2011 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
-800000 USD
CY2011 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3500000 USD
CY2011 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-1900000 USD
CY2011Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
56200000 USD
CY2009Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
50600000 USD
CY2010 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
200000 USD
CY2010 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3300000 USD
CY2010 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
400000 USD
CY2010 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
-1200000 USD
CY2011 us-gaap Short Term Debt Terms
ShortTermDebtTerms
CL&P, PSNH, WMECO and Yankee Gas Credit Agreement: On September 24, 2010, CL&P, PSNH, WMECO and Yankee Gas jointly entered into a three-year unsecured revolving credit facility in the amount of $400 million, which terminates on September 24, 2013. CL&P and PSNH may borrow up to $300 million each under this facility, with WMECO and Yankee Gas able to borrow up to $200 million each, subject to the $400 million maximum aggregate borrowing limit. This total commitment may be increased to $500 million at the request of the borrowers, subject to lender approval. Under this facility, each company can borrow either on a short-term or a long-term basis subject to regulatory approval. NU Parent Credit Agreement: &#160;On September 24, 2010, NU parent entered into a three-year unsecured revolving credit facility in the amount of $500 million, which terminates on September 24, 2013. Subject to the amount of advances outstanding, LOCs can be issued under this facility for periods up to 364 days on the account of NU parent or any of its subsidiaries up to the total amount of the facility. This total commitment may be increased to $600 million at the request of NU parent, subject to lender approval. Under this facility, NU parent can borrow either on a short-term or a long-term basis.
CY2011 nu Short Term Debt Regulatory Limits
ShortTermDebtRegulatoryLimits
: &#160;The amount of short-term borrowings that may be incurred by CL&P and WMECO is subject to periodic approval by the FERC. As a result of the NHPUC having jurisdiction over PSNH's short-term debt, PSNH is not currently required to obtain FERC approval for its short-term borrowings. On November 30, 2011, the FERC granted authorization to allow CL&P and WMECO to incur total short-term borrowings up to a maximum of $450 million and $300 million, respectively, effective January&#160;1, 2012 through December&#160;31, 2013. PSNH is authorized by regulation of the NHPUC to incur short-term borrowings up to 10 percent of net fixed plant. In an order dated December 17, 2010, the NHPUC increased the amount of short-term borrowings authorized for PSNH to a maximum of 10 percent of net fixed plant plus an additional $60 million until further ordered by the NHPUC. As of December 31, 2011, PSNH's short-term debt authorization under the 10 percent of net fixed plant test plus $60 million totaled approximately $270 million. CL&P's certificate of incorporation contains preferred stock provisions restricting the amount of unsecured debt that CL&P may incur, including limiting unsecured indebtedness with a maturity of less than 10 years to 10 percent of total capitalization. In November 2003, CL&P obtained from its preferred stockholders a waiver of such 10 percent limit for a ten-year period expiring in March 2014, provided that all unsecured indebtedness does not exceed 20 percent of total capitalization. As of December&#160;31, 2011, CL&P had $826.3 million of unsecured debt capacity available under this authorization.
CY2011Q4 nu Letters Of Credit Outstanding Under Line Of Credit
LettersOfCreditOutstandingUnderLineOfCredit
17900000 USD
CY2010Q4 nu Letters Of Credit Outstanding Under Line Of Credit
LettersOfCreditOutstandingUnderLineOfCredit
32100000 USD
CY2009Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
18.96
CY2011 us-gaap Long Term Debt Description
LongTermDebtDescription
(1)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;On October 24, 2011, CL&P issued $120.5 million of tax-exempt PCRBs carrying a coupon of 4.375 percent that mature on September 1, 2028 and issued $125 million of tax-exempt PCRBs carrying a coupon of 1.25 percent that mature on September 1, 2028 and are subject to mandatory tender for purchase on September 3, 2013. The $125 million of tax-exempt PCRBs were issued with an initial fixed rate term period ending on September 2, 2013, at which time CL&P expects to remarket the PCRBs. The proceeds from these two CL&P issuances were used to refund $245.5 million of PCRBs that carried a coupon of 5.85 percent and had a maturity date of September 1, 2028. (2)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;On April 1, 2011, CL&P remarketed the $62 million of tax-exempt PCRBs for a one-year period. The PCRBs, which mature on May&#160;1, 2031, carry a coupon rate of 1.25 percent during the current one-year fixed-rate period and are subject to mandatory tender for purchase on April 1, 2012, at which time CL&P expects to remarket the bonds. (3)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;On May 26, 2011, PSNH issued $122 million of first mortgage bonds with a coupon rate of 4.05 percent and a maturity date of June 1, 2021, and used the proceeds to redeem $119.8 million of its tax-exempt 1992 Series D and 1993 Series E PCRBs, each with a maturity date of May 1, 2021 and a coupon rate of 6 percent. The utility plant of CL&P, PSNH and Yankee Gas is subject to the lien of each company's respective first mortgage bond indenture. The CL&P, PSNH and WMECO tax-exempt bonds contain call provisions providing call prices ranging between 100 percent and 102 percent of par. All other long-term debt securities are subject to make-whole provisions. As of December 31, 2011, CL&P had $423.9 million of tax-exempt PCRBs outstanding, $70 million of which is secured by second mortgage liens on transmission assets, junior to the liens of its first mortgage bond indenture. CL&P has $307.5 million of tax-exempt PCRBs secured by first mortgage bonds. If CL&P failed to meet its obligations under the PCRBs, then these first mortgage bonds would become outstanding. As of December 31, 2011, PSNH had $287.5 million in PCRBs outstanding. PSNH's obligation to repay each series of PCRBs is secured by first mortgage bonds and bond insurance. Each such series of first mortgage bonds contains similar terms and provisions as the applicable series of PCRBs. If PSNH failed to meet its obligations under the PCRBs, then these first mortgage bonds would become outstanding. The 2001 Series&#160;A PCRBs, in the aggregate principal amount of $89.3 million, bears interest at a rate that is periodically set pursuant to auctions. The Company is not obligated to purchase these PCRBs, which mature in 2021, from the remarketing agent. The weighted average effective interest rate on PSNH's Series&#160;A variable-rate PCRBs was 0.21 percent in 2011 and 0.34 percent in 2010. NU's, including CL&P, PSNH and WMECO, long-term debt agreements provide that NU and certain of its subsidiaries must comply with certain financial and non-financial covenants as are customarily included in such agreements, including a consolidated debt to total capitalization ratio. NU and these subsidiaries were in compliance with these covenants as of December 31, 2011. Yankee Gas has certain long-term debt agreements that contain cross-default provisions applicable to all of Yankee Gas&#8217; outstanding first mortgage bond series. The cross-default provisions on Yankee Gas&#8217; Series B Bonds would be triggered if Yankee Gas were to default on a payment due on indebtedness in excess of $2 million. The cross-default provisions on all other series of Yankee Gas&#8217; first mortgage bonds would be triggered if Yankee Gas were to default in a payment due on indebtedness in excess of $10 million. No debt issuances of CL&P, PSNH, WMECO or NU parent contain cross-default provisions as of December&#160;31, 2011. The fair value adjustment relates to the NU parent 7.25 percent note, due 2012 in the amount of $263 million, that is hedged with a fixed to floating interest rate swap. The change in fair value of the interest component of the debt was recorded as an adjustment to Long-Term Debt (Long-Term Debt - Current Portion as of December 31, 2011 since the note was due within one year) with an equal and offsetting adjustment to Derivative Assets for the change in fair value of the fixed to floating interest rate swap. Spent Nuclear Fuel Obligation: Under the Nuclear Waste Policy Act of 1982, CL&P and WMECO must pay the DOE for the costs of disposal of spent nuclear fuel and high-level radioactive waste for the period prior to the sale of their ownership shares in the Millstone nuclear power stations. The DOE is responsible for the selection and development of repositories for, and the disposal of, spent nuclear fuel and high-level radioactive waste. For nuclear fuel used to generate electricity prior to April 7, 1983 (Prior Period Spent Nuclear Fuel) for CL&P and WMECO, an accrual has been recorded for the full liability, and payment must be made by CL&P and WMECO to the DOE prior to the first delivery of spent fuel to the DOE. After the sale of Millstone, CL&P and WMECO remained responsible for their share of the disposal costs associated with the Prior Period Spent Nuclear Fuel. Until such payment to the DOE is made, the outstanding liability will continue to accrue interest at the 3-month Treasury bill yield rate. Fees due to the DOE for the disposal of Prior Period Spent Nuclear Fuel as of December&#160;31, 2011 and 2010 are included in Long-Term Debt, including accumulated interest costs of $219.3 million and $218.9 million ($177.6 million and $177.3 million for CL&P and $41.7 million and $41.6 million for WMECO), respectively. WMECO maintains a trust that holds marketable securities to fund amounts due to the DOE for the disposal of WMECO's Prior Period Spent Nuclear Fuel. For further information on this trust, see Note 5, "Marketable Securities," to the consolidated financial statements.
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
329300000 USD
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
430000000 USD
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
275000000 USD
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
150000000 USD
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
15400000 USD
CY2011Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
3449600000 USD
CY2011Q4 nu Longtermdebtmaturitiesrepaymentsofprincipaltotal
Longtermdebtmaturitiesrepaymentsofprincipaltotal
4649300000 USD
CY2011Q4 nu Defined Benefit Plan Benefits Paid Lump Sum
DefinedBenefitPlanBenefitsPaidLumpSum
0 USD
CY2011 us-gaap Defined Benefit Plan Estimated Future Employer Contributions In Next Fiscal Year Description
DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYearDescription
A contribution of $143.6 million ($112.6 million of which was contributed by PSNH) was made in 2011. Based on the current status of the Pension Plan, NU is required to make a contribution to the Pension Plan of approximately $197.3 million in 2012, which will be made in quarterly installments, to meet minimum current funding requirements under the PPA.
CY2011 nu Schedule Of Defined Contribution Plans401k
ScheduleOfDefinedContributionPlans401k
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 11px"><td style="width: 224px; text-align:left;border-color:#000000;min-width:224px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: left;">(Millions of Dollars)</font></td><td colspan="2" style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:74px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">NU</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td colspan="2" style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:74px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">CL&amp;P</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td colspan="2" style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:74px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">PSNH</font></td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;">&#160;</td><td colspan="2" style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:74px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">WMECO</font></td></tr><tr style="height: 11px"><td style="width: 224px; text-align:left;border-color:#000000;min-width:224px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">2011</font></td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">13.2</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">4.0</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">2.5</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">0.8</font></td></tr><tr style="height: 11px"><td style="width: 224px; text-align:left;border-color:#000000;min-width:224px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">2010</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 12.7</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">4.0</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">2.4</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">0.8</font></td></tr><tr style="height: 11px"><td style="width: 224px; text-align:left;border-color:#000000;min-width:224px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">2009</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 12.2</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">3.9</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">2.3</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">0.7</font></td></tr></table></div>
CY2011 nu Schedule Of Defined Contribution Plans K Vantage
ScheduleOfDefinedContributionPlansKVantage
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 11px"><td style="width: 224px; text-align:left;border-color:#000000;min-width:224px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: left;">(Millions of Dollars)</font></td><td colspan="2" style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:74px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">NU</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td colspan="2" style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:74px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">CL&amp;P</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td colspan="2" style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:74px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">PSNH</font></td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;">&#160;</td><td colspan="2" style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:74px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">WMECO</font></td></tr><tr style="height: 11px"><td style="width: 224px; text-align:left;border-color:#000000;min-width:224px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">2011</font></td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">4.2</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">0.5</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">0.6</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">0.1</font></td></tr><tr style="height: 11px"><td style="width: 224px; text-align:left;border-color:#000000;min-width:224px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">2010</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 3.4</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">0.4</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">0.4</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">0.1</font></td></tr><tr style="height: 11px"><td style="width: 224px; text-align:left;border-color:#000000;min-width:224px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">2009</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> 2.6</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">0.2</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;">0.3</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td></tr></table></div>
CY2011 us-gaap Employee Stock Ownership Plan Esop Debt Structure Employer Loan Description
EmployeeStockOwnershipPlanESOPDebtStructureEmployerLoanDescription
NU issued unsecured notes during 1991 and 1992 totaling $250 million, the proceeds of which were loaned to the ESOP trust (ESOP Notes) for the purchase of 10.8 million newly issued NU common shares (ESOP shares). During 2010, the ESOP Notes were fully repaid and all ESOP shares purchased with the proceeds of the ESOP Notes were fully allocated. As of December&#160;31, 2011 and 2010, total allocated ESOP shares were 10,800,185. Following complete allocation of the ESOP shares, continuing allocations of NU common shares were made from NU treasury shares to satisfy the 401(k) Savings Plan obligation to provide a portion of the matching contribution in NU common shares.
CY2010 us-gaap Employee Stock Ownership Plan Esop Cash Contributions To Esop
EmployeeStockOwnershipPlanESOPCashContributionsToESOP
1100000 USD
CY2009 us-gaap Employee Stock Ownership Plan Esop Cash Contributions To Esop
EmployeeStockOwnershipPlanESOPCashContributionsToESOP
6100000 USD
CY2011 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
8800000 USD
CY2010 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
8500000 USD
CY2009 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
8200000 USD
CY2010Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares
127054 shares
CY2010Q4 nu Employee Stock Ownership Plan Esop Numberof Allocated Shares In Total
EmployeeStockOwnershipPlanESOPNumberofAllocatedSharesInTotal
10800185 shares
CY2011Q4 nu Employee Stock Ownership Plan Esop Numberof Allocated Shares In Total
EmployeeStockOwnershipPlanESOPNumberofAllocatedSharesInTotal
10800185 shares
CY2011 us-gaap Employee Stock Ownership Plan Esop Dividends Paid To Esop
EmployeeStockOwnershipPlanESOPDividendsPaidToESOP
0.275 USD
CY2010 us-gaap Employee Stock Ownership Plan Esop Dividends Paid To Esop
EmployeeStockOwnershipPlanESOPDividendsPaidToESOP
0.25625 USD
CY2009 us-gaap Employee Stock Ownership Plan Esop Dividends Paid To Esop
EmployeeStockOwnershipPlanESOPDividendsPaidToESOP
0.2375 USD
CY2011 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1300000 USD
CY2010 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
900000 USD
CY2009 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
900000 USD
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
4500000 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
2685615 shares
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
3068850 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCost
12300000 USD
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCost
10500000 USD
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCost
8800000 USD
CY2011 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4900000 USD
CY2010 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4200000 USD
CY2009 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3500000 USD
CY2011Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
8900000 USD
CY2011 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition
1.77 pure
CY2011Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1
0.3 pure
CY2008Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
320920 shares
CY2009 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
-95704 shares
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0 shares
CY2009Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
225216 shares
CY2010 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
-112617 shares
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0 shares
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
112599 shares
CY2011 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
-65225 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
47374 shares
CY2008 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
14.94
CY2009 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
17.40
CY2010 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
17.40
CY2011 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
18.58
CY2008 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
21.03
CY2009 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
21.03
CY2010 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
21.03
CY2011 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
18.90
CY2008Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
18.83
CY2011Q4 nu Employee Stock Purchase Plan Shares Remaining For Future Issuance
EmployeeStockPurchasePlanSharesRemainingForFutureIssuance
896702 shares
CY2010Q4 nu Employee Stock Purchase Plan Shares Remaining For Future Issuance
EmployeeStockPurchasePlanSharesRemainingForFutureIssuance
932178 shares
CY2011 nu Espp Discounted Purchase Price First Six Months
ESPPDiscountedPurchasePriceFirstSixMonths
31.27 USD
CY2011 nu Espp Discounted Purchase Price Second Six Months
ESPPDiscountedPurchasePriceSecondSixMonths
32.30 USD
CY2010 nu Espp Discounted Purchase Price First Six Months
ESPPDiscountedPurchasePriceFirstSixMonths
26.45 USD
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
18.80
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
18.78
CY2009Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
18.54
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
19.12
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
18.81
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
600000 USD
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1000000 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1000000 USD
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
800000 USD
CY2011 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
1200000 USD
CY2011 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
400000 USD
CY2011 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
35476 shares
CY2010 nu Espp Discounted Purchase Price Second Six Months
ESPPDiscountedPurchasePriceSecondSixMonths
24.05 USD
CY2010 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
38672 shares
CY2011Q4 us-gaap Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent
52800000 USD
CY2010Q4 us-gaap Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent
49900000 USD
CY2009Q4 us-gaap Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent
47900000 USD
CY2011Q4 nu Deferred Compensation Cash Based Arrangements Expense Pertaining To Deferred Benefits
DeferredCompensationCashBasedArrangementsExpensePertainingToDeferredBenefits
4700000 USD
CY2010Q4 nu Deferred Compensation Cash Based Arrangements Expense Pertaining To Deferred Benefits
DeferredCompensationCashBasedArrangementsExpensePertainingToDeferredBenefits
4200000 USD
CY2009Q4 nu Deferred Compensation Cash Based Arrangements Expense Pertaining To Deferred Benefits
DeferredCompensationCashBasedArrangementsExpensePertainingToDeferredBenefits
3900000 USD
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
3000000 USD
CY2010 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
9000000 USD
CY2009 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
4500000 USD
CY2009 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
52700000 USD
CY2010 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-6500000 USD
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-26000000 USD
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-23000000 USD
CY2010 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2500000 USD
CY2009 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
57200000 USD
CY2009 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
155100000 USD
CY2010 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
201200000 USD
CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
187700000 USD
CY2011 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
9100000 USD
CY2010 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
9700000 USD
CY2009 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-29200000 USD
CY2009 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
-3200000 USD
CY2010 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
-3000000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
-2800000 USD
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
200000000 USD
CY2011 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
-14200000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
-3500000 USD
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
22100000 USD
CY2011 nu Medicare Subsidy
MedicareSubsidy
0 USD
CY2011 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-33100000 USD
CY2011 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2500000 USD
CY2010 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
211600000 USD
CY2010 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
-9500000 USD
CY2010 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
-3800000 USD
CY2010 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
12500000 USD
CY2010 nu Medicare Subsidy
MedicareSubsidy
15600000 USD
CY2010 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-10500000 USD
CY2010 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-2500000 USD
CY2009 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
180400000 USD
CY2009 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
-2700000 USD
CY2009 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
-3800000 USD
CY2009 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
11500000 USD
CY2009 nu Medicare Subsidy
MedicareSubsidy
-3500000 USD
CY2009 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
3800000 USD
CY2009 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-2600000 USD
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.299 pure
CY2010 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.348 pure
CY2009 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.349 pure
CY2011Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
415300000 USD
CY2010Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
376500000 USD
CY2011Q4 us-gaap Deferred Tax Assets Regulatory Assets And Liabilities
DeferredTaxAssetsRegulatoryAssetsAndLiabilities
157900000 USD
CY2010Q4 us-gaap Deferred Tax Assets Regulatory Assets And Liabilities
DeferredTaxAssetsRegulatoryAssetsAndLiabilities
135500000 USD
CY2011Q4 nu Deferred Tax Assets Employee Benefits
DeferredTaxAssetsEmployeeBenefits
539600000 USD
CY2010Q4 nu Deferred Tax Assets Employee Benefits
DeferredTaxAssetsEmployeeBenefits
470100000 USD
CY2010Q4 nu Deferred Tax Assets Tax Effect Tax Regulatory Assets
DeferredTaxAssetsTaxEffectTaxRegulatoryAssets
17000000 USD
CY2011Q4 nu Deferred Tax Assets Tax Effect Tax Regulatory Assets
DeferredTaxAssetsTaxEffectTaxRegulatoryAssets
15500000 USD
CY2010 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
-400000 USD
CY2011Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
204200000 USD
CY2010Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
188000000 USD
CY2011Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4600000 USD
CY2010Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
19800000 USD
CY2010Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1213700000 USD
CY2011Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1551900000 USD
CY2011Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1920500000 USD
CY2010Q4 nu Deferred Tax Liabilities Regulatory Assets Securitized Contract Termination Costs
DeferredTaxLiabilitiesRegulatoryAssetsSecuritizedContractTerminationCosts
65800000 USD
CY2011Q4 nu Deferred Tax Liabilities Regulatory Assets Securitized Contract Termination Costs
DeferredTaxLiabilitiesRegulatoryAssetsSecuritizedContractTerminationCosts
39600000 USD
CY2011Q4 nu Deferred Tax Liabilities Regulatory Assets Other Regulatory Deferrals
DeferredTaxLiabilitiesRegulatoryAssetsOtherRegulatoryDeferrals
1135000000 USD
CY2010Q4 nu Deferred Tax Liabilities Regulatory Assets Other Regulatory Deferrals
DeferredTaxLiabilitiesRegulatoryAssetsOtherRegulatoryDeferrals
873300000 USD
CY2010Q4 nu Deferred Tax Liabilities Regulatory Assets Tax Effect Tax Regulatory Assets
DeferredTaxLiabilitiesRegulatoryAssetsTaxEffectTaxRegulatoryAssets
177100000 USD
CY2011Q4 nu Deferred Tax Liabilities Regulatory Assets Tax Effect Tax Regulatory Assets
DeferredTaxLiabilitiesRegulatoryAssetsTaxEffectTaxRegulatoryAssets
184600000 USD
CY2011Q4 nu Deferred Tax Liabilities Regulatory Assets Derivative Assets
DeferredTaxLiabilitiesRegulatoryAssetsDerivativeAssets
39100000 USD
CY2010Q4 nu Deferred Tax Liabilities Regulatory Assets Derivative Assets
DeferredTaxLiabilitiesRegulatoryAssetsDerivativeAssets
48000000 USD
CY2010Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
26300000 USD
CY2011Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
24500000 USD
CY2011Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
3402200000 USD
CY2010Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2858200000 USD
CY2011Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1556500000 USD
CY2010Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1233500000 USD
CY2011Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
45400000 USD
CY2010Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
46400000 USD
CY2011Q4 nu Deferred Tax Liabilities Resulting From Property Tax Accruals And Other
DeferredTaxLiabilitiesResultingFromPropertyTaxAccrualsAndOther
58900000 USD
CY2010Q4 nu Deferred Tax Liabilities Resulting From Property Tax Accruals And Other
DeferredTaxLiabilitiesResultingFromPropertyTaxAccrualsAndOther
55100000 USD
CY2010Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1612600000 USD
CY2011Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
178600000 USD
CY2010Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
0 USD
CY2011 us-gaap Operating Loss Carryforwards Expiration Dates
OperatingLossCarryforwardsExpirationDates
As of December 31, 2011, NU had state credit carryforwards of $101.4 million that begin expiring in 2013. NU&#8217;s state net operating loss carryforward as of December&#160;31, 2011 was not significant. As of December&#160;31, 2010, NU had state net operating loss carryforwards of $317.7 million that expire between December&#160;31, 2011 and December&#160;31, 2027 and state credit carryforwards of $84.9 million that begin expiring in 2013. The state net operating loss carryforward deferred tax asset has been fully reserved by a valuation allowance. As of December&#160;31, 2011, NU had a federal net operating loss carryforward of $510.2 million and federal credit carryforwards of $6.6 million that expire December&#160;31, 2031.
CY2011 us-gaap Tax Credit Carryforward Expiration Dates
TaxCreditCarryforwardExpirationDates
As of December 31, 2011, NU had state credit carryforwards of $101.4 million that begin expiring in 2013. NU&#8217;s state net operating loss carryforward as of December&#160;31, 2011 was not significant. As of December&#160;31, 2010, NU had state net operating loss carryforwards of $317.7 million that expire between December&#160;31, 2011 and December&#160;31, 2027 and state credit carryforwards of $84.9 million that begin expiring in 2013. The state net operating loss carryforward deferred tax asset has been fully reserved by a valuation allowance. As of December&#160;31, 2011, NU had a federal net operating loss carryforward of $510.2 million and federal credit carryforwards of $6.6 million that expire December&#160;31, 2031.
CY2008Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
156300000 USD
CY2009 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
12300000 USD
CY2009 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
-44200000 USD
CY2009 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
-100000 USD
CY2009Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
124300000 USD
CY2010 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
10800000 USD
CY2010 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
800000 USD
CY2010 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
-34300000 USD
CY2010Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
101200000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
8000000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
73500000 USD
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
-35700000 USD
CY2011 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-2800000 USD
CY2010 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-24800000 USD
CY2009 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-4000000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
7100000 USD
CY2010Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
9900000 USD
CY2011 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
29100000 USD
CY2011Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeUpperBound
50000000 USD
CY2011 nu Impact Of The2010 Healthcare Act
ImpactOfThe2010HealthcareAct
On March 23, 2010, President Obama signed into law the 2010 Healthcare Act. The 2010 Healthcare Act was amended by a Reconciliation Bill signed into law on March 30, 2010. The 2010 Healthcare Act includes a provision that eliminated the tax deductibility of certain PBOP contributions for retiree prescription drug benefits. The tax deduction eliminated by this legislation represented a loss of previously recognized deferred income tax assets established through 2009 and as a result, these assets were written down by approximately $18 million in 2010. Since the electric and natural gas distribution companies are cost-of-service and rate-regulated, and approximately $15 million of the $18 million is able to be deferred and recovered through future rates, NU reduced 2010 earnings by $3 million of non-recoverable costs. In addition, as a result of the elimination of the tax deduction in 2010, NU was not able to recognize approximately $2 million of net annual benefits
CY2011 nu Impact Of The Small Business Jobs And Credit Act Of2010
ImpactOfTheSmallBusinessJobsAndCreditActOf2010
On September 27, 2010, President Obama signed into law the Small Business Jobs and Credit Act of 2010, which extends the bonus depreciation provisions of the American Recovery and Reinvestment Act of 2009 to small and large businesses through 2010. This extended stimulus provided NU with cash flow benefits of approximately $100 million.
CY2011 nu Impact Of The2010 Tax Act
ImpactOfThe2010TaxAct
On December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act (2010 Tax Act), which, among other things, provides 100 percent bonus depreciation for tangible personal property placed in service after September 8, 2010, and through December 31, 2011. For tangible personal property placed in service after December 31, 2011, and through December 31, 2012, the 2010 Tax Act provides for 50 percent bonus depreciation.
CY2011 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Other Information
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleOtherInformation
These estimated changes could have an impact on NU's and CL&P's 2012 earnings of zero to $32 million and zero to $26 million, respectively. &#160;Other companies&#8217; impacts are not expected to be material.
CY2009Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
26000000 USD
CY2010 us-gaap Accrual For Environmental Loss Contingencies Provision For New Losses
AccrualForEnvironmentalLossContingenciesProvisionForNewLosses
18200000 USD
CY2010 us-gaap Accrual For Environmental Loss Contingencies Payments
AccrualForEnvironmentalLossContingenciesPayments
7100000 USD
CY2010Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
37100000 USD
CY2011 us-gaap Accrual For Environmental Loss Contingencies Provision For New Losses
AccrualForEnvironmentalLossContingenciesProvisionForNewLosses
1600000 USD
CY2011 us-gaap Accrual For Environmental Loss Contingencies Payments
AccrualForEnvironmentalLossContingenciesPayments
7000000 USD
CY2011Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
31700000 USD
CY2011 nu Environmental Site Quantity
EnvironmentalSiteQuantity
59 pure
CY2010 nu Environmental Site Quantity
EnvironmentalSiteQuantity
58 pure
CY2011Q4 us-gaap Accrual For Environmental Loss Contingencies Component Amount
AccrualForEnvironmentalLossContingenciesComponentAmount
2400000 USD
CY2011 nu Cumulative Environmental Remediation Expense
CumulativeEnvironmentalRemediationExpense
19500000 USD
CY2011Q4 nu Range Of Potential Loss On Enivornmental Sites
RangeOfPotentialLossOnEnivornmentalSites
MGP sites are sites that were operated several decades ago and produced manufacturing gas from coal, which resulted in certain byproducts in the environment that may pose a risk to human health and the environment. As of December 31, 2011, for 5 environmental sites (2 for PSNH and 1 for WMECO) that are included in the Company's reserve for environmental costs, the information known and nature of the remediation options at those sites allow for the Company to estimate the range of losses for environmental costs. As of December&#160;31, 2011, $4.9 million ($0.7 million for PSNH) had been accrued as a liability for these sites, which represent management's best estimates of the liabilities for environmental costs. These amounts are the best estimates within estimated ranges of losses from $1.3 million to $16.8 million (zero to $4.1 million for PSNH and zero to $8.6 million for WMECO). For the sites that comprise the remaining $26.8 million of the environmental reserve ($2.9 million for CL&P, $5.9 million for PSNH and $0.3 million for WMECO), determining an estimated range of loss is not possible at this time.
CY2011 us-gaap Site Contingency Unasserted Claims
SiteContingencyUnassertedClaims
As of December&#160;31, 2011, in addition to the sites identified above, there were 12 sites (7 for CL&P, 2 for PSNH and 2 for WMECO) for which there are unasserted claims; however, any related site assessment or remediation costs are not probable or estimable at this time.
CY2011Q4 nu Superfund Site Information
SuperfundSiteInformation
CERCLA: CERCLA and its amendments or state equivalents impose joint and several strict liabilities, regardless of fault, upon generators of hazardous substances resulting in removal and remediation costs and environmental damages. &#160;Liabilities under these laws can be material and in some instances may be imposed without regard to fault or for past acts that may have been lawful at the time they occurred. &#160;Of the total sites included in the remediation and long-term monitoring phase, 6 sites (4 for PSNH, 2 for CL&P and 1 for WMECO) are superfund sites under CERCLA for which the Company has been notified that it is a potentially responsible party but for which the site assessment and remediation are not being managed by the Company. &#160;As of December 31, 2011, a liability of $0.7 million ($0.3 million for CL&P and $0.4 million for PSNH) accrued on these sites represents management's best estimate of its potential remediation costs with respect to these superfund sites.
CY2011 nu Cumulative Payments Environmental Loss Contingencies
CumulativePaymentsEnvironmentalLossContingencies
17100000 USD
CY2011Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
567400000 USD
CY2011Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
508100000 USD
CY2011Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary
493000000 USD
CY2011Q4 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears
4129100000 USD
CY2011Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
6847300000 USD
CY2011Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
613500000 USD
CY2011Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
536200000 USD
CY2010 nu Supply And Stranded Costs Obligations Incurred
SupplyAndStrandedCostsObligationsIncurred
196200000 USD
CY2009 nu Supply And Stranded Costs Obligations Incurred
SupplyAndStrandedCostsObligationsIncurred
205300000 USD
CY2010 nu Transmission Support Commitment Costs Incurred
TransmissionSupportCommitmentCostsIncurred
18900000 USD
CY2009 nu Transmission Support Commitment Costs Incurred
TransmissionSupportCommitmentCostsIncurred
18600000 USD
CY2010 nu Yankee Companies Billings Incurred
YankeeCompaniesBillingsIncurred
33000000 USD
CY2009 nu Yankee Companies Billings Incurred
YankeeCompaniesBillingsIncurred
26900000 USD
CY2011 nu Supply And Stranded Costs Obligations Incurred
SupplyAndStrandedCostsObligationsIncurred
132200000 USD
CY2011 nu Transmission Support Commitment Costs Incurred
TransmissionSupportCommitmentCostsIncurred
18100000 USD
CY2011 nu Yankee Companies Billings Incurred
YankeeCompaniesBillingsIncurred
26600000 USD
CY2011Q4 nu Capacity Cfd Expense Incurred
CapacityCfdExpenseIncurred
23800000 USD
CY2011Q4 nu Peaker Cfd Expense Incurred
PeakerCfdExpenseIncurred
40200000 USD
CY2010Q4 nu Peaker Cfd Expense Incurred
PeakerCfdExpenseIncurred
10000000 USD
CY2011Q4 nu Court Of Federal Claims Ruling To Cyapc
CourtOfFederalClaimsRulingToCyapc
34200000 USD
CY2011Q4 nu Court Of Federal Claims Ruling To Yaec
CourtOfFederalClaimsRulingToYaec
32900000 USD
CY2011Q4 nu Court Of Federal Claims Ruling To Myapc
CourtOfFederalClaimsRulingToMyapc
75800000 USD
CY2011Q4 nu Trial Court Ruling To Cyapc
TrialCourtRulingToCyapc
39700000 USD
CY2011Q4 nu Trial Court Ruling To Yaec
TrialCourtRulingToYaec
21200000 USD
CY2011Q4 nu Trial Court Ruling To Myapc
TrialCourtRulingToMyapc
81700000 USD
CY2011 nu Payments Made On Capital Leases Total
PaymentsMadeOnCapitalLeasesTotal
2700000 USD
CY2010 nu Payments Made On Capital Leases Total
PaymentsMadeOnCapitalLeasesTotal
2500000 USD
CY2009 nu Payments Made On Capital Leases Total
PaymentsMadeOnCapitalLeasesTotal
2600000 USD
CY2011 us-gaap Capital Leases Income Statement Interest Expense
CapitalLeasesIncomeStatementInterestExpense
1700000 USD
CY2010 us-gaap Capital Leases Income Statement Interest Expense
CapitalLeasesIncomeStatementInterestExpense
1800000 USD
CY2009 us-gaap Capital Leases Income Statement Interest Expense
CapitalLeasesIncomeStatementInterestExpense
1900000 USD
CY2009 us-gaap Capital Leases Income Statement Amortization Expense
CapitalLeasesIncomeStatementAmortizationExpense
600000 USD
CY2010 us-gaap Capital Leases Income Statement Amortization Expense
CapitalLeasesIncomeStatementAmortizationExpense
700000 USD
CY2011 us-gaap Capital Leases Income Statement Amortization Expense
CapitalLeasesIncomeStatementAmortizationExpense
1000000 USD
CY2011 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
8400000 USD
CY2010 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
11900000 USD
CY2009 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
18100000 USD
CY2011Q4 nu Capitalized Portion Of Operating Lease
CapitalizedPortionOfOperatingLease
1400000 USD
CY2010Q4 nu Capitalized Portion Of Operating Lease
CapitalizedPortionOfOperatingLease
4800000 USD
CY2009Q4 nu Capitalized Portion Of Operating Lease
CapitalizedPortionOfOperatingLease
9700000 USD
CY2011Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
2600000 USD
CY2011Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
2200000 USD
CY2011Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
2200000 USD
CY2011Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
2000000 USD
CY2011Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
9500000 USD
CY2011Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
21500000 USD
CY2011Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
9100000 USD
CY2011Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
12400000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
7700000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
6900000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
4900000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
4300000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
4300000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
16600000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
44700000 USD
CY2011 nu Preferred Stock Text Block1
PreferredStockTextBlock1
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0px;">15.&#160;&#160;&#160;&#160;&#160;&#160;&#160;PREFERRED STOCK NOT SUBJECT TO MANDATORY REDEMPTION (CL&amp;P)</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:9pt;margin-left:0px;">CL&amp;P's charter authorizes it to issue up to 9 million shares of preferred stock ($50 par value per share) of which 2,324,000 shares were outstanding as of December&#160;31, 201</font><font style="font-family:Arial;font-size:9pt;">1</font><font style="font-family:Arial;font-size:9pt;"> and 20</font><font style="font-family:Arial;font-size:9pt;">1</font><font style="font-family:Arial;font-size:9pt;">0. </font><font style="font-family:Arial;font-size:9pt;">CL&amp;P amended its charter on January&#160;3, 2012 to remove references to various series of preferred stock, including the Class&#160;A preferred stock, which </font><font style="font-family:Arial;font-size:9pt;">are </font><font style="font-family:Arial;font-size:9pt;">no longer outstanding. </font><font style="font-family:Arial;font-size:9pt;">There were no Class A preferred shares outstanding as of December&#160;31, 201</font><font style="font-family:Arial;font-size:9pt;">1</font><font style="font-family:Arial;font-size:9pt;"> and 20</font><font style="font-family:Arial;font-size:9pt;">1</font><font style="font-family:Arial;font-size:9pt;">0. 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CY2010Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
600000 USD
CY2010Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
39800000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1100000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
53400000 USD
CY2011 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
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-700000 USD
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OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-14900000 USD
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-18400000 USD
CY2010Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-4200000 USD
CY2011 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Effect Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxEffectPeriodIncreaseDecrease
9500000 USD
CY2010 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Effect Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxEffectPeriodIncreaseDecrease
-200000 USD
CY2009 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Effect Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxEffectPeriodIncreaseDecrease
-200000 USD
CY2009 us-gaap Other Comprehensive Income Available For Sale Securities Tax
OtherComprehensiveIncomeAvailableForSaleSecuritiesTax
700000 USD
CY2010 us-gaap Other Comprehensive Income Available For Sale Securities Tax
OtherComprehensiveIncomeAvailableForSaleSecuritiesTax
-200000 USD
CY2011 us-gaap Other Comprehensive Income Available For Sale Securities Tax
OtherComprehensiveIncomeAvailableForSaleSecuritiesTax
-400000 USD
CY2011 us-gaap Other Comprehensive Income Defined Benefit Plans Tax
OtherComprehensiveIncomeDefinedBenefitPlansTax
7900000 USD
CY2010 us-gaap Other Comprehensive Income Defined Benefit Plans Tax
OtherComprehensiveIncomeDefinedBenefitPlansTax
0 USD
CY2009 us-gaap Other Comprehensive Income Defined Benefit Plans Tax
OtherComprehensiveIncomeDefinedBenefitPlansTax
2900000 USD
CY2011 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossTaxPortionAttributableToParent
17000000 USD
CY2010 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossTaxPortionAttributableToParent
-400000 USD
CY2009 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossTaxPortionAttributableToParent
3400000 USD
CY2011 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
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-2200000 USD
CY2011 nu Pension Serp And Pbop Gain Loss To Be Reclassified Within Twelve Months
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-8700000 USD
CY2011 us-gaap Line Of Credit Facility Dividend Restrictions
LineOfCreditFacilityDividendRestrictions
CL&P, PSNH and WMECO are subject to Section 305 of the Federal Power Act that makes it unlawful for a public utility to make or pay a dividend from any funds "properly included in its capital account." Management believes that this Federal Power Act restriction, as applied to CL&P, PSNH and WMECO, would not be construed or applied by the FERC to prohibit the payment of dividends for lawful and legitimate business purposes from retained earnings. In addition, certain state statutes may impose additional limitations on such companies and on Yankee Gas. Such state law restrictions do not restrict payment of dividends from retained earnings or net income. CL&P, PSNH, WMECO and Yankee Gas also have a revolving credit agreement that imposes leverage restrictions including consolidated total debt to total capitalization ratio requirements. The Retained Earnings balances subject to these leverage restrictions are $1.652 billion for NU, $735.9 million for CL&P, $388.9 million for PSNH and $115.5 million for WMECO as of December&#160;31, 2011.
CY2011Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
5
CY2010Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
195781740 shares
CY2011Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
196052770 shares
CY2010Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
225000000 shares
CY2011Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
380000000 shares
CY2011Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
18894078 shares
CY2010Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
19333659 shares
CY2010 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1578 shares
CY2011 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4314 shares
CY2009 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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17637 shares
CY2011 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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394401 shares
CY2010 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
249301 shares
CY2009 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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149318 shares
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2.22
CY2010 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.20
CY2009 us-gaap Earnings Per Share Basic
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1.91
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EarningsPerShareDiluted
2.22
CY2010 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.19
CY2009 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.91
CY2011 us-gaap Depreciation Depletion And Amortization
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469200000 USD
CY2011 us-gaap Utilities Operating Expense Other
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3202300000 USD
CY2010 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
629200000 USD
CY2010 us-gaap Utilities Operating Expense Other
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3469100000 USD
CY2009 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
540800000 USD
CY2009 us-gaap Utilities Operating Expense Other
UtilitiesOperatingExpenseOther
4147200000 USD
CY2011 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
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16420000 USD
CY2011 dei Document Period End Date
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2011-12-31
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Revenues
1047500000 USD
CY2011Q3 us-gaap Revenues
Revenues
1114900000 USD
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OperatingIncomeLoss
203800000 USD
CY2011Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
178100000 USD
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
78700000 USD
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
91400000 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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90000000 USD
CY2011Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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77300000 USD
CY2010Q2 us-gaap Revenues
Revenues
1111400000 USD
CY2010Q3 us-gaap Revenues
Revenues
1243300000 USD
CY2010Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
199600000 USD
CY2010Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
178300000 USD
CY2010Q2 us-gaap Net Income Loss
NetIncomeLoss
73300000 USD
CY2010Q3 us-gaap Net Income Loss
NetIncomeLoss
101900000 USD
CY2010Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
100500000 USD
CY2010Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
71900000 USD
CY2011Q1 us-gaap Revenues
Revenues
1235300000 USD
CY2011Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
227400000 USD
CY2011Q1 us-gaap Net Income Loss
NetIncomeLoss
115600000 USD
CY2010Q1 us-gaap Revenues
Revenues
1339400000 USD
CY2010Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
226700000 USD
CY2010Q1 us-gaap Net Income Loss
NetIncomeLoss
87600000 USD
CY2010Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
86200000 USD
CY2011Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
114200000 USD
CY2011Q4 us-gaap Revenues
Revenues
1068000000 USD
CY2011Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
184900000 USD
CY2011Q4 us-gaap Net Income Loss
NetIncomeLoss
114800000 USD
CY2011Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
113200000 USD
CY2010Q4 us-gaap Revenues
Revenues
1204100000 USD
CY2011 dei Entity Central Index Key
EntityCentralIndexKey
0000072741
CY2010Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.57
CY2010Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
195300000 USD
CY2011 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2010Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.41
CY2010Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.49
CY2010Q4 us-gaap Net Income Loss
NetIncomeLoss
131300000 USD
CY2010Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
129300000 USD
CY2011Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.64
CY2011Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.44
CY2011Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.51
CY2011Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.64
CY2010Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.73
CY2010 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
31352000 USD
CY2009 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
53947000 USD
CY2011 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
8664000 USD
CY2010 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
10714000 USD
CY2009 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
24136000 USD
CY2011 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
30020000 USD
CY2010 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
57569000 USD
CY2009 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
66058000 USD
CY2008Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
43275000 USD
CY2009Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
55300000 USD
CY2010Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
39797000 USD
CY2011Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
34861000 USD
CY2011 dei Entity Registrant Name
EntityRegistrantName
NORTHEAST UTILITIES
CY2011 dei Document Type
DocumentType
10-K
CY2012Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
177203768 shares
CY2011Q2 dei Entity Public Float
EntityPublicFloat
6218948650 USD
CY2011 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2011 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2011 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2011 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2011 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
CY2011 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2011 dei Amendment Flag
AmendmentFlag
false

Files In Submission

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