2013 Q1 Form 10-Q Financial Statement

#000007274113000030 Filed on May 06, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q1
Revenue $1.995B $1.100B
YoY Change 81.43% -10.99%
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 $243.5M $104.6M
YoY Change 132.79% -16.72%
% of Gross Profit
Operating Expenses $1.576B $885.2M
YoY Change 78.04% -12.17%
Operating Profit $418.9M $214.4M
YoY Change 95.38% -5.72%
Interest Expense $76.26M $66.45M
YoY Change 14.76% 13.49%
% of Operating Profit 18.2% 30.99%
Other Income/Expense, Net $7.765M $8.773M
YoY Change -11.49% -14.93%
Pretax Income $350.5M $156.7M
YoY Change 123.62% -12.51%
Income Tax $120.5M $55.96M
% Of Pretax Income 34.38% 35.71%
Net Earnings $230.0M $100.8M
YoY Change 128.17% -12.8%
Net Earnings / Revenue 11.53% 9.17%
Basic Earnings Per Share $0.72
Diluted Earnings Per Share $0.72 $565.0K
COMMON SHARES
Basic Shares Outstanding 315.1M shares 178.1M shares
Diluted Shares Outstanding 316.0M shares 178.4M shares

Balance Sheet

Concept 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $160.0M $346.0M
YoY Change -53.76% 264.21%
Cash & Equivalents $61.00M $283.0M
Short-Term Investments $99.00M $63.00M
Other Short-Term Assets $925.0M $94.74M
YoY Change 876.39% -80.39%
Inventory $239.0M $219.0M
Prepaid Expenses
Receivables $833.0M $485.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.158B $1.523B
YoY Change 41.65% 8.28%
LONG-TERM ASSETS
Property, Plant & Equipment $16.74B $10.61B
YoY Change 57.71% 9.23%
Goodwill $287.6M
YoY Change
Intangibles
YoY Change
Long-Term Investments $492.0M $74.00M
YoY Change 564.86% 39.62%
Other Assets $5.422B $171.6M
YoY Change 3060.01% -94.19%
Total Long-Term Assets $26.17B $3.842B
YoY Change 581.24% -70.47%
TOTAL ASSETS
Total Short-Term Assets $2.158B $1.523B
Total Long-Term Assets $26.17B $3.842B
Total Assets $28.33B $15.98B
YoY Change 77.3% 10.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $633.0M $412.9M
YoY Change 53.31% -3.76%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.287B $660.0M
YoY Change 95.0% 249.21%
Long-Term Debt Due $947.0M $267.3M
YoY Change 254.3% 304.98%
Total Short-Term Liabilities $3.840B $1.968B
YoY Change 95.15% 63.02%
LONG-TERM LIABILITIES
Long-Term Debt $7.031B $4.977B
YoY Change 41.27% 3.8%
Other Long-Term Liabilities $4.343B $414.0M
YoY Change 949.02% -84.69%
Total Long-Term Liabilities $11.37B $4.751B
YoY Change 139.39% -36.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.840B $1.968B
Total Long-Term Liabilities $11.37B $4.751B
Total Liabilities $18.83B $6.719B
YoY Change 180.22% -35.5%
SHAREHOLDERS EQUITY
Retained Earnings $1.699B
YoY Change
Common Stock $981.6M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) -$344.8M
YoY Change
Treasury Stock Shares 18.36M shares 18.79M shares
Shareholders Equity $9.501B $4.068B
YoY Change
Total Liabilities & Shareholders Equity $28.33B $15.98B
YoY Change 77.29% 10.81%

Cashflow Statement

Concept 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income $230.0M $100.8M
YoY Change 128.17% -12.8%
Depreciation, Depletion And Amortization $243.5M $104.6M
YoY Change 132.79% -16.72%
Cash From Operating Activities $473.1M $8.816M
YoY Change 5266.87% -97.63%
INVESTING ACTIVITIES
Capital Expenditures $389.0M $304.3M
YoY Change 27.82% 28.56%
Acquisitions
YoY Change
Other Investing Activities -$28.00M -$2.448M
YoY Change 1043.67% 646.34%
Cash From Investing Activities -$446.9M -$302.5M
YoY Change 47.75% 27.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change
Cash From Financing Activities -$11.16M $570.5M
YoY Change -101.96% -496.56%
NET CHANGE
Cash From Operating Activities $473.1M $8.816M
Cash From Investing Activities -$446.9M -$302.5M
Cash From Financing Activities -$11.16M $570.5M
Net Change In Cash $15.07M $276.8M
YoY Change -94.56% -3544.75%
FREE CASH FLOW
Cash From Operating Activities $473.1M $8.816M
Capital Expenditures $389.0M $304.3M
Free Cash Flow $84.19M -$295.5M
YoY Change -128.49% -317.14%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q1 us-gaap Revenues
Revenues
1995023000 USD
CY2012Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
156719000 USD
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
120487000 USD
CY2012Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55964000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
229968000 USD
CY2012Q1 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
1431000 USD
CY2013Q1 us-gaap Cost Of Purchased Power
CostOfPurchasedPower
747809000 USD
CY2012Q1 us-gaap Cost Of Purchased Power
CostOfPurchasedPower
395344000 USD
CY2012Q1 us-gaap Depreciation
Depreciation
80839000 USD
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
418945000 USD
CY2013Q1 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
85295000 USD
CY2012Q1 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
59968000 USD
CY2013Q1 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
611000 USD
CY2013Q1 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
16512360000 USD
CY2012Q4 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
16592774000 USD
CY2013Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
28328661000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
28302824000 USD
CY2013Q1 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
191707000 USD
CY2012Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
134115000 USD
CY2012Q1 us-gaap Revenues
Revenues
1099623000 USD
CY2013Q1 us-gaap Interest Expense Other
InterestExpenseOther
-9651000 USD
CY2012Q1 us-gaap Interest Expense Other
InterestExpenseOther
5048000 USD
CY2013Q1 us-gaap Interest Expense
InterestExpense
76255000 USD
CY2012Q1 us-gaap Interest Expense
InterestExpense
66447000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
350455000 USD
CY2012Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1493000 USD
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
316002538 shares
CY2012Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
178437453 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
315129782 shares
CY2012Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
178055716 shares
CY2013Q1 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
346092000 USD
CY2013Q1 nu Energy Efficiency Programs
EnergyEfficiencyPrograms
105771000 USD
CY2012Q1 nu Energy Efficiency Programs
EnergyEfficiencyPrograms
37273000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
516000 USD
CY2012Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
423000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-181000 USD
CY2012Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
34000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1621000 USD
CY2012Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1407000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1956000 USD
CY2012Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1864000 USD
CY2013Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1879000 USD
CY2012Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1493000 USD
CY2013Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
230045000 USD
CY2012Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
101126000 USD
CY2013Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.37
CY2012Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.29
CY2013Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
168938000 USD
CY2013Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
53102000 USD
CY2013Q1 us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
-39218000 USD
CY2013Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-51106000 USD
CY2013Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
129431000 USD
CY2013Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-28487000 USD
CY2013Q1 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
21295000 USD
CY2013Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-86916000 USD
CY2013Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
32235000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
473143000 USD
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
388950000 USD
CY2013Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
98070000 USD
CY2013Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
184030000 USD
CY2013Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-27997000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-446913000 USD
CY2013Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
62529000 USD
CY2013Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2322000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11161000 USD
CY2013Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
15069000 USD
CY2012Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
52474000 USD
CY2012Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
42268000 USD
CY2012Q1 us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
27569000 USD
CY2012Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-5484000 USD
CY2012Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-29276000 USD
CY2012Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-30108000 USD
CY2012Q1 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-11758000 USD
CY2012Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-190232000 USD
CY2012Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
40240000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8816000 USD
CY2012Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
304294000 USD
CY2012Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
40947000 USD
CY2012Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
41570000 USD
CY2012Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2448000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-302469000 USD
CY2012Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
17903000 USD
CY2012Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1130000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
570473000 USD
CY2012Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
276820000 USD
CY2013Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
116431000 USD
CY2013Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1879000 USD
CY2013Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-228000000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
400000000 USD
CY2012Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
52104000 USD
CY2012Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1390000 USD
CY2012Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
343000000 USD
CY2012Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
300000000 USD
CY2013Q1 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
47048000 USD
CY2012Q1 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
98910000 USD
CY2013Q1 nu Proceeds From Doe Damages Claim
ProceedsFromDoeDamagesClaim
77936000 USD
CY2011Q4 us-gaap Cash
Cash
6559000 USD
CY2012Q1 us-gaap Cash
Cash
283379000 USD
CY2012Q1 us-gaap Immaterial Error Correction
ImmaterialErrorCorrection
The NSTAR Electric consolidated statement of cash flows was revised to correct an error in the presentation of cash deposits related to the RRBs. The impact of this revision was an increase in investing cash inflows from Other Investing Activities in an amount of $24.8 million and a corresponding increase to financing cash outflows from Retirements of Rate Reduction Bonds for the three months ended March 31, 2012. This revision had no impact on NSTAR Electric’s results of operations or cash balance and is not deemed material, individually or in the aggregate, to the previously issued consolidated financial statements.
CY2013Q1 nu Description Of Consolidation Of Yankee Companies
DescriptionOfConsolidationOfYankeeCompanies
NU consolidates CYAPC and YAEC as CL&P’s, NSTAR Electric’s, PSNH’s and WMECO’s combined ownership interest in each of these entities is greater than 50 percent. Intercompany transactions between CL&P, NSTAR Electric, PSNH and WMECO and the CYAPC and YAEC companies have been eliminated in consolidation. For CL&P, NSTAR Electric, PSNH and WMECO, the investment in CYAPC and YAEC continue to be accounted for under the equity method.
CY2012Q1 nu Reclassification Of Transmission Expense
ReclassificationOfTransmissionExpense
-2700000 USD
CY2012Q1 nu Reclassification Of Energy Expense
ReclassificationOfEnergyExpense
37300000 USD
CY2012Q1 nu Description Of Change In Estimate
DescriptionOfChangeInEstimate
Effective January 1, 2012, NSTAR Electric changed its estimates with respect to the allowance for doubtful accounts, incurred but not reported claims on medical benefits, general and workers' compensation liabilities and compensation accruals. The total aggregate impact of these changes in estimates on NSTAR Electric's accompanying consolidated statement of income was a decrease to net income of $11.4 million, after-tax, for the three months ended March 31, 2012.
CY2012Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
165500000 USD
CY2013Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
178600000 USD
CY2013Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3800000 USD
CY2013Q1 nu Cash Collateral Deposited
CashCollateralDeposited
12800000 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3300000 USD
CY2012Q4 nu Cash Collateral Deposited
CashCollateralDeposited
14600000 USD
CY2013Q1 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
38400000 USD
CY2012Q1 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
35000000 USD
CY2012Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
138500000 USD
CY2013Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
98700000 USD
CY2013Q1 us-gaap Regulatory Assets
RegulatoryAssets
5640600000 USD
CY2012Q4 us-gaap Regulatory Assets
RegulatoryAssets
5837400000 USD
CY2013Q1 us-gaap Description Of Regulatory Costs Not Yet Approved
DescriptionOfRegulatoryCostsNotYetApproved
Regulatory Costs Not Yet Approved: The Regulated companies had $78.8 million ($3.7 million for CL&P, $26.3 million for NSTAR Electric, $37.2 million for PSNH, and $6 million for WMECO) and $69.9 million ($3.9 million for CL&P, $25.4 million for NSTAR Electric, $35.7 million for PSNH, and $1.4 million for WMECO) of regulatory costs as of March 31, 2013 and December 31, 2012, respectively, which were included in Other Long-Term Assets on the consolidated balance sheets. These amounts represent incurred costs that have not yet been approved for recovery by the applicable regulatory agency. Management believes it is probable that these costs will ultimately be approved and recovered from customers.
CY2012Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
20829400000 USD
CY2012Q4 nu Electric And Natural Gas Utility Accumulated Depreciation
ElectricAndNaturalGasUtilityAccumulatedDepreciation
5065100000 USD
CY2013Q1 nu Major Storm Costs Incurred
MajorStormCostsIncurred
Storm Restoration Costs: The storm restoration cost deferrals relate to costs incurred at CL&P, NSTAR Electric, PSNH and WMECO that each company expects to collect from customers. A storm must meet certain criteria specific to each state and utility company to be declared a major storm. Once a storm is declared major, all qualifying expenses incurred during storm restoration efforts, if deemed prudent, are deferred and recovered from customers in future periods. In Connecticut, qualifying storm restoration costs must exceed $5 million for a storm to be declared a major storm. In Massachusetts, qualifying storm restoration costs must exceed $1 million for NSTAR Electric and $300,000 for WMECO and an emergency response plan must be initiated for a storm to be declared a major storm. In New Hampshire, (1) at least 10 percent of customers must be without power with at least 200 concurrent locations requiring repairs (trouble spots), or (2) at least 300 concurrent trouble spots must be reported for a storm to be declared a major storm. In addition, PSNH is permitted to defer pre-staging costs for storms that may not ultimately qualify as a major storm. On February 8, 2013, a blizzard caused damage to the electric delivery systems of CL&P and NSTAR Electric. This blizzard resulted in estimated deferred storm restoration costs of approximately $13 million at CL&P and approximately $80 million at NSTAR Electric. On January 31, 2013, a major storm caused damage to CL&P's electric delivery system, which resulted in estimated deferred storm restoration costs of approximately $19 million. Management believes these storm restoration costs meet the criteria for specific cost recovery in Connecticut and Massachusetts and, as a result, are probable of recovery. Therefore, management does not expect these storms to have a material impact on CL&P's or NSTAR Electric’s results of operations. CL&P and NSTAR Electric will seek recovery of these deferred storm restoration costs through their applicable regulatory recovery process.
CY2013Q1 us-gaap Regulatory Liabilities
RegulatoryLiabilities
723200000 USD
CY2012Q4 us-gaap Regulatory Liabilities
RegulatoryLiabilities
674300000 USD
CY2013Q1 us-gaap Public Utilities Property Plant And Equipment Distribution
PublicUtilitiesPropertyPlantAndEquipmentDistribution
11504000000 USD
CY2013Q1 nu Public Utilities Property Plant And Equipment Distribution Natural Gas
PublicUtilitiesPropertyPlantAndEquipmentDistributionNaturalGas
2290800000 USD
CY2013Q1 us-gaap Public Utilities Property Plant And Equipment Transmission
PublicUtilitiesPropertyPlantAndEquipmentTransmission
5721200000 USD
CY2013Q1 us-gaap Public Utilities Property Plant And Equipment Generation Or Processing
PublicUtilitiesPropertyPlantAndEquipmentGenerationOrProcessing
1146700000 USD
CY2013Q1 nu Public Utilities Property Plant And Equipment Electric And Natural Gas Utility Total
PublicUtilitiesPropertyPlantAndEquipmentElectricAndNaturalGasUtilityTotal
20662700000 USD
CY2013Q1 us-gaap Public Utilities Property Plant And Equipment Other Property Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentOtherPropertyPlantAndEquipment
503000000 USD
CY2013Q1 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
21165700000 USD
CY2013Q1 nu Electric And Natural Gas Utility Accumulated Depreciation
ElectricAndNaturalGasUtilityAccumulatedDepreciation
5157700000 USD
CY2013Q1 nu Other Accumulated Depreciation
OtherAccumulatedDepreciation
178500000 USD
CY2013Q1 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
5336200000 USD
CY2013Q1 nu Property Plant And Equipment Net Excluding Construction Work In Progress
PropertyPlantAndEquipmentNetExcludingConstructionWorkInProgress
15829500000 USD
CY2013Q1 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress
908000000 USD
CY2012Q4 us-gaap Public Utilities Property Plant And Equipment Distribution
PublicUtilitiesPropertyPlantAndEquipmentDistribution
11438200000 USD
CY2012Q4 nu Public Utilities Property Plant And Equipment Distribution Natural Gas
PublicUtilitiesPropertyPlantAndEquipmentDistributionNaturalGas
2274200000 USD
CY2012Q4 us-gaap Public Utilities Property Plant And Equipment Transmission
PublicUtilitiesPropertyPlantAndEquipmentTransmission
5541100000 USD
CY2012Q4 us-gaap Public Utilities Property Plant And Equipment Generation Or Processing
PublicUtilitiesPropertyPlantAndEquipmentGenerationOrProcessing
1146600000 USD
CY2012Q4 nu Public Utilities Property Plant And Equipment Electric And Natural Gas Utility Total
PublicUtilitiesPropertyPlantAndEquipmentElectricAndNaturalGasUtilityTotal
20400100000 USD
CY2012Q4 us-gaap Public Utilities Property Plant And Equipment Other Property Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentOtherPropertyPlantAndEquipment
429300000 USD
CY2012Q4 nu Other Accumulated Depreciation
OtherAccumulatedDepreciation
171500000 USD
CY2012Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
5236600000 USD
CY2012Q4 nu Property Plant And Equipment Net Excluding Construction Work In Progress
PropertyPlantAndEquipmentNetExcludingConstructionWorkInProgress
15592800000 USD
CY2012Q4 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress
1012200000 USD
CY2013Q1 nu Current Derivative Assets Consolidated
CurrentDerivativeAssetsConsolidated
10500000 USD
CY2012Q4 nu Current Derivative Assets Consolidated
CurrentDerivativeAssetsConsolidated
11400000 USD
CY2013Q1 us-gaap Description Of Derivative Activity Volume
DescriptionOfDerivativeActivityVolume
As of March 31, 2013 and December 31, 2012, NU had approximately 5 thousand MWh and 24 thousand MWh, respectively, of supply volumes remaining in its unregulated wholesale portfolio when expected sales are compared with supply contracts.
CY2013Q1 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
3500000 USD
CY2012Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
4100000 USD
CY2012Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
32200000 USD
CY2012Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
8000000 USD
CY2012Q1 nu Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Liability Gain Loss Included In Reg Asset Liability
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLiabilityGainLossIncludedInRegAssetLiability
6000000 USD
CY2012Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
14500000 USD
CY2012Q1 nu Interest Realized In Earnings On Fair Value Hedge
InterestRealizedInEarningsOnFairValueHedge
2500000 USD
CY2012Q1 us-gaap Notional Amount Of Fair Value Hedge Instruments
NotionalAmountOfFairValueHedgeInstruments
263000000 USD
CY2013Q1 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
9400000 USD
CY2013Q1 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
8400000 USD
CY2012Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
15300000 USD
CY2012Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
0 USD
CY2012Q4 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
17400000 USD
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
878600000 USD
CY2011Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
962200000 USD
CY2012Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
901500000 USD
CY2013Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
5700000 USD
CY2013Q1 nu Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Liability Gain Loss Included In Reg Asset Liability
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLiabilityGainLossIncludedInRegAssetLiability
26200000 USD
CY2013Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
13600000 USD
CY2013Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
833100000 USD
CY2012Q4 nu Fair Value Of Securities Under Fair Value Option
FairValueOfSecuritiesUnderFairValueOption
47000000 USD
CY2013Q1 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
4200000 USD
CY2012 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
3200000 USD
CY2013Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
62200000 USD
CY2013Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
51200000 USD
CY2013Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
91200000 USD
CY2013Q1 nu Fair Value Of Securities Under Fair Value Option
FairValueOfSecuritiesUnderFairValueOption
51200000 USD
CY2013Q1 us-gaap Marketable Securities Restricted Noncurrent
MarketableSecuritiesRestrictedNoncurrent
434900000 USD
CY2012Q4 us-gaap Marketable Securities Restricted Noncurrent
MarketableSecuritiesRestrictedNoncurrent
340400000 USD
CY2013Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
150700000 USD
CY2013Q1 us-gaap Available For Sale Securities Debt Maturities Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost
355300000 USD
CY2013Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
150800000 USD
CY2013Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
63500000 USD
CY2013Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
53400000 USD
CY2013Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
97500000 USD
CY2013Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
365200000 USD
CY2013Q1 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
591100000 USD
CY2012Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
492300000 USD
CY2013Q1 us-gaap Significant Change In Unrecognized Tax Benefits Nature Of Event
SignificantChangeInUnrecognizedTaxBenefitsNatureOfEvent
NU currently has open tax years. It is reasonably possible that at least one of these open tax years could be resolved within the next twelve months. Management estimates that the potential resolutions could result in a $1 million to $2 million decrease, net of any related valuation allowance, in unrecognized tax benefits for NU.
CY2013Q1 nu Description Of Commercial Paper Program
DescriptionOfCommercialPaperProgram
As of March 31, 2013 and December 31, 2012, NU had $979 million and $1.15 billion, respectively, in short-term borrowings outstanding under its commercial paper program, leaving $171 million of available borrowing capacity as of March 31, 2013. The weighted-average interest rate on these borrowings as of March 31, 2013 and December 31, 2012 was 0.35 percent and 0.46 percent, respectively, which is generally based on money market rates. As of March 31, 2013, there were inter-company loans of $832 million from NU to its subsidiaries ($210.4 million at CL&P, $53.4 million at PSNH and $43.4 million at WMECO). As of December 31, 2012, there were inter-company loans of $987.5 million from NU to its subsidiaries ($405.1 million at CL&P, $63.3 million at PSNH, and $31.9 million at WMECO). As of March 31, 2013 and December 31, 2012, NSTAR Electric had $308 million and $276 million, respectively, in short-term borrowings outstanding under its commercial paper program, leaving $142 million and $174 million, respectively, of available borrowing capacity. The weighted-average interest rate on these borrowings as of March 31, 2013 and December 31, 2012 was 0.28 percent and 0.31 percent, respectively, which is generally based on money market rates. Amounts outstanding under the commercial paper program are included in Notes Payable for NU and NSTAR Electric and classified in current liabilities on the consolidated balance sheets as management anticipates that all borrowings under these credit facilities will be outstanding for no more than 364 days at one time. Intercompany loans from NU to CL&P, PSNH and WMECO are included in Notes Payable to Affiliated Companies and classified in current liabilities on the consolidated balance sheets.
CY2013Q1 nu Short Term Debt Regulatory Limits
ShortTermDebtRegulatoryLimits
:  The amount of short-term borrowings that may be incurred by CL&P, NSTAR Electric and WMECO is subject to periodic approval by the FERC. 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 1, 2012 through December 31, 2013. On March 22, 2012, the FERC approved CL&P's application requesting to increase its total short-term borrowing capacity from a maximum of $450 million to a maximum of $600 million for the authorization period through December 31, 2013. On May 16, 2012, the FERC granted authorization to allow NSTAR Electric to issue total short-term debt securities in an aggregate principal amount not to exceed $655 million outstanding at any one time, effective October 23, 2012 through October 23, 2014. 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.
CY2013Q1 nu Description Of Working Capital
DescriptionOfWorkingCapital
Working Capital: NU, CL&P, NSTAR Electric, PSNH and WMECO use their available capital resources to fund their respective construction expenditures, meet debt requirements, pay costs, including storm-related costs, pay dividends and fund other corporate obligations, such as pension contributions. The current growth in NU’s transmission construction expenditures utilizes a significant amount of cash for projects that have a long-term return on investment and recovery period. In addition, NU’s Regulated companies operate in an environment where recovery of its electric and natural gas distribution construction expenditures takes place over an extended period of time. This impacts the timing of the revenue stream designed to fully recover the total investment plus a return on the equity portion of the cost and related financing costs. These factors have resulted in NU’s current liabilities exceeding current assets by approximately $1.7 billion, $231 million, $226 million, $34 million and $48 million at NU, CL&P, NSTAR Electric, PSNH and WMECO, respectively, as of March 31, 2013. As of March 31, 2013, $947.3 million of NU's current liabilities relates to long-term debt that will be paid in the next 12 months, consisting of $550 million for NU parent, $125 million for CL&P, $109 million for PSNH, $75 million for Yankee Gas and $55 million for WMECO. Approximately $32 million relates to the amortization of the purchase accounting fair value adjustment that will be amortized in the next twelve months. NU, with its strong credit ratings, has several options available in the financial markets to repay or refinance these maturities with the issuance of new long-term debt. NU, CL&P, NSTAR Electric, PSNH and WMECO will reduce their short-term borrowings with cash received from operating cash flows or with the issuance of new long-term debt, as deemed appropriate given capital requirements and maintenance of NU's credit rating and profile. Management expects the future operating cash flows of NU, CL&P, NSTAR Electric, PSNH and WMECO along with the access to financial markets, will be sufficient to meet any future operating requirements and capital investment forecasted opportunities.
CY2013Q1 nu Description Of Lt Debt Reclassified To St
DescriptionOfLtDebtReclassifiedToSt
On May 1, 2013, PSNH redeemed at par approximately $109 million of the 2001 Series C PCRBs that were due to mature in 2021 with short-term debt. As a result, the PCRBs were recorded as Long-Term Debt - Current Portion.
CY2013Q1 us-gaap Income Tax Examination Description
IncomeTaxExaminationDescription
Tax Positions: In March 2013, NU received a Final Determination from the Connecticut Department of Revenue Services (DRS) Appellate Division that concluded its audit of NU's Connecticut income tax returns for the years 2005 through 2008, bringing closure to, and effective settlement of, issues concerning the deductibility of expenses and credits through 2008. The DRS Determination resulted in total NU and CL&P after-tax benefits of $13.6 million and $6.9 million, respectively, recorded in the first quarter of 2013 that included a reduction in NU and CL&P pre-tax interest expense of $8.7 million and $4 million, or $5.2 million and $2.4 million after-tax, respectively. Further, the income tax expense impact resulted in a tax benefit to NU and CL&P of $8.4 million and $4.5 million after-tax, respectively. Management estimates that resolution of this audit decreases NU's and CL&P's unrecognized tax benefits by approximately $49.8 million and $39.4 million, respectively, that was largely offset by NU's and CL&P's valuation allowance and other tax impacts of $44.9 million and $36.5 million, respectively.
CY2013Q1 nu Environmental Site Quantity
EnvironmentalSiteQuantity
72 pure
CY2012 nu Environmental Site Quantity
EnvironmentalSiteQuantity
77 pure
CY2013Q1 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
40700000 USD
CY2012Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
39400000 USD
CY2013Q1 us-gaap Accrual For Environmental Loss Contingencies Component Amount
AccrualForEnvironmentalLossContingenciesComponentAmount
2000000 USD
CY2013Q1 nu Cumulative Environmental Remediation Expense
CumulativeEnvironmentalRemediationExpense
19500000 USD
CY2013Q1 nu Cumulative Payments Environmental Loss Contingencies
CumulativePaymentsEnvironmentalLossContingencies
17500000 USD
CY2013Q1 nu Trial Court Ruling To Cyapc
TrialCourtRulingToCyapc
39700000 USD
CY2013Q1 nu Trial Court Ruling To Yaec
TrialCourtRulingToYaec
38200000 USD
CY2013Q1 nu Trial Court Ruling To Myapc
TrialCourtRulingToMyapc
81700000 USD
CY2013Q1 nu Connecticut Yankee Proceeds Received
ConnecticutYankeeProceedsReceived
39700000 USD
CY2013Q1 nu Yankee Atomic Proceeds Received
YankeeAtomicProceedsReceived
38200000 USD
CY2013Q1 nu Maine Yankee Proceeds Received
MaineYankeeProceedsReceived
81700000 USD
CY2013Q1 nu Increase In Marketable Securities Current Period
IncreaseInMarketableSecuritiesCurrentPeriod
77900000 USD
CY2013Q1 nu Cumulative Cpsl Costs2006 To2011
CumulativeCpslCosts2006To2011
83000000 USD
CY2013Q1 nu Bad Debt Service Adder As Of2011
BadDebtServiceAdderAsOf2011
34000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
500000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-16400000 USD
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-15900000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1300000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
100000 USD
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1200000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
57800000 USD
CY2013Q1 us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax
1600000 USD
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
56200000 USD
CY2013Q1 nu Othercomprehensiveincomebeforereclassifications
Othercomprehensiveincomebeforereclassifications
-100000 USD
CY2013Q1 nu Amountreclassifiedfromaoci
Amountreclassifiedfromaoci
2100000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax
-800000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax
300000 USD
CY2013Q1 us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Before Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostBeforeTax
-2600000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-2600000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
1000000 USD
CY2013Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
5
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
332509383 shares
CY2013Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
18356487 shares
CY2013Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
332951956 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
380000000 shares
CY2013Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
380000000 shares
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
18455749 shares
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
5
CY2013Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
872756 shares
CY2012Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
381737 shares
CY2013Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6299 shares
CY2012Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2013Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.72
CY2012Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.56
CY2012Q2 us-gaap Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued
BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued
136000000 shares
CY2013Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
243500000 USD
CY2013Q1 us-gaap Utilities Operating Expense Other
UtilitiesOperatingExpenseOther
1332500000 USD
CY2012Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
104600000 USD
CY2012Q1 us-gaap Utilities Operating Expense Other
UtilitiesOperatingExpenseOther
780600000 USD
CY2013Q1 dei Entity Registrant Name
EntityRegistrantName
NORTHEAST UTILITIES
CY2013Q1 dei Document Type
DocumentType
10-Q
CY2013Q1 dei Document Period End Date
DocumentPeriodEndDate
2013-03-31
CY2013Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000072741
CY2013Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
314621345 shares
CY2012Q2 dei Entity Public Float
EntityPublicFloat
12177646948 USD
CY2013Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013Q1 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013Q1 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2013Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013Q1 dei Amendment Flag
AmendmentFlag
false

Files In Submission

Name View Source Status
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0000072741-13-000030-index.html Edgar Link pending
0000072741-13-000030.txt Edgar Link pending
0000072741-13-000030-xbrl.zip Edgar Link pending
clpexhibit31.htm Edgar Link pending
clpexhibit311.htm Edgar Link pending
clpexhibit32.htm Edgar Link pending
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exhibit12clp.htm Edgar Link pending
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