$ES
EVERSOURCE ENERGY

2013 Q4 Form 10-Q Financial Statement

#000007274113000064 Filed on November 04, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $1.778B $1.893B $1.862B
YoY Change 5.56% 1.67% 66.97%
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 $147.2M $149.1M $231.3M
YoY Change -1.34% -35.54% 79.3%
% of Gross Profit
Operating Expenses $1.417B $1.493B $1.449B
YoY Change 4.77% 3.09% 59.0%
Operating Profit $360.6M $399.3M $412.9M
YoY Change 8.81% -3.29% 102.6%
Interest Expense -$88.10M $87.48M $90.36M
YoY Change 4.76% -3.19% 41.34%
% of Operating Profit -24.43% 21.91% 21.88%
Other Income/Expense, Net $8.200M $8.945M $4.324M
YoY Change 70.83% 106.87% 202.38%
Pretax Income $280.8M $320.7M $326.9M
YoY Change 11.38% -1.89% 131.31%
Income Tax $101.5M $109.4M $117.4M
% Of Pretax Income 36.15% 34.11% 35.9%
Net Earnings $179.2M $211.4M $209.5M
YoY Change 1.47% 0.91% 129.21%
Net Earnings / Revenue 10.08% 11.17% 11.25%
Basic Earnings Per Share $0.66 $0.66
Diluted Earnings Per Share $560.2K $0.66 $0.66
COMMON SHARES
Basic Shares Outstanding 315.1M shares 315.3M shares 314.8M shares
Diluted Shares Outstanding 316.2M shares 315.8M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $43.00M $58.00M $155.0M
YoY Change -6.52% -62.58% 70.33%
Cash & Equivalents $43.00M $58.00M $73.00M
Short-Term Investments $82.00M
Other Short-Term Assets $214.3M $871.0M $113.0M
YoY Change 7.17% 671.04% -13.11%
Inventory $303.0M $305.0M $267.0M
Prepaid Expenses
Receivables $765.0M $784.0M $773.4M
Other Receivables $17.00M $0.00 $0.00
Total Short-Term Assets $2.087B $2.018B $2.139B
YoY Change -6.3% -5.66% 61.14%
LONG-TERM ASSETS
Property, Plant & Equipment $17.58B $17.19B $16.30B
YoY Change 5.85% 5.42% 61.49%
Goodwill $3.519B $3.518B
YoY Change 0.0% 1123.42%
Intangibles
YoY Change
Long-Term Investments $489.0M $468.0M $394.0M
YoY Change 22.25% 18.78% 657.69%
Other Assets $291.5M $5.251B $300.8M
YoY Change -11.05% 1645.56% 79.03%
Total Long-Term Assets $8.132B $26.43B $9.315B
YoY Change -14.13% 183.7% 181.81%
TOTAL ASSETS
Total Short-Term Assets $2.087B $2.018B $2.139B
Total Long-Term Assets $8.132B $26.43B $9.315B
Total Assets $27.80B $28.44B $27.76B
YoY Change -1.79% 2.47% 88.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $742.3M $554.0M $542.7M
YoY Change -2.89% 2.08% 13.96%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.093B $1.343B $1.359B
YoY Change -2.41% -1.18% 4430.0%
Long-Term Debt Due $533.3M $608.0M $879.7M
YoY Change -30.13% -30.89% 163.14%
Total Short-Term Liabilities $3.276B $3.378B $3.801B
YoY Change -10.1% -11.12% 147.55%
LONG-TERM LIABILITIES
Long-Term Debt $7.777B $7.444B $6.733B
YoY Change 8.01% 10.57% 45.89%
Other Long-Term Liabilities $923.1M $3.994B $871.4M
YoY Change -4.6% 358.33% 29.86%
Total Long-Term Liabilities $6.976B $11.44B $7.791B
YoY Change -12.63% 46.82% 78.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.276B $3.378B $3.801B
Total Long-Term Liabilities $6.976B $11.44B $7.791B
Total Liabilities $10.25B $18.77B $11.59B
YoY Change -11.84% 61.94% 96.17%
SHAREHOLDERS EQUITY
Retained Earnings $2.126B $1.736B
YoY Change 17.93% 9.33%
Common Stock $1.665B $1.662B
YoY Change 0.17% 69.62%
Preferred Stock
YoY Change
Treasury Stock (at cost) -$326.5M -$340.7M
YoY Change -3.57% -2.32%
Treasury Stock Shares 17.80M shares 18.14M shares 18.57M shares
Shareholders Equity $9.612B $9.673B $9.177B
YoY Change
Total Liabilities & Shareholders Equity $27.80B $28.44B $27.76B
YoY Change -1.79% 2.47% 88.46%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $179.2M $211.4M $209.5M
YoY Change 1.47% 0.91% 129.21%
Depreciation, Depletion And Amortization $147.2M $149.1M $231.3M
YoY Change -1.34% -35.54% 79.3%
Cash From Operating Activities $486.5M $408.0M $475.6M
YoY Change 33.21% -14.21% 135.8%
INVESTING ACTIVITIES
Capital Expenditures -$383.0M -$373.5M -$391.4M
YoY Change -1.92% -4.57% 39.49%
Acquisitions
YoY Change
Other Investing Activities $800.0K $32.40M $19.80M
YoY Change -104.97% 63.64% -1337.5%
Cash From Investing Activities -$382.2M -$341.2M -$371.6M
YoY Change -6.0% -8.18% 31.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -118.9M -44.90M -59.10M
YoY Change -967.88% -24.03% -172.07%
NET CHANGE
Cash From Operating Activities 486.5M 408.0M 475.6M
Cash From Investing Activities -382.2M -341.2M -371.6M
Cash From Financing Activities -118.9M -44.90M -59.10M
Net Change In Cash -14.60M 21.90M 44.90M
YoY Change -47.29% -51.22% 2893.33%
FREE CASH FLOW
Cash From Operating Activities $486.5M $408.0M $475.6M
Capital Expenditures -$383.0M -$373.5M -$391.4M
Free Cash Flow $869.5M $781.5M $867.0M
YoY Change 15.06% -9.86% 79.76%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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nu Description Of Consolidation Of Yankee Companies
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us-gaap Other Information Pertaining To Income Taxes
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2013 Massachusetts: On July 24, 2013, Massachusetts enacted a law that changes the income tax rate applicable to utility companies effective January 1, 2014, from 6.5 percent to 8 percent. The tax law change required NU to remeasure its deferred taxes and resulted in NU increasing its deferred tax liability with an offsetting regulatory asset of approximately $61 million at its utility companies ($46.4 million at NSTAR Electric and $9.8 million at WMECO). 2013 Federal: On September 13, 2013, the Internal Revenue Service issued final Tangible Property regulations. The final regulations are meant to simplify, clarify and make more administrable the previously issued temporary and proposed regulations. In the third quarter of 2013, CL&P recorded an after-tax valuation allowance of $10.5 million against its deferred tax assets as a result of these regulations. NU continues to evaluate the implications of these new regulations, including several new elections. Therefore, a change to the valuation allowance at CL&P could result once NU completes the review of the impact of the final regulations.
nu Description Of Commercial Paper Program
DescriptionOfCommercialPaperProgram
On September 6, 2013, NU parent, CL&P, NSTAR LLC, NSTAR Gas, PSNH, WMECO and Yankee Gas amended their joint five-year $1.15 billion revolving credit facility dated July 25, 2012, by increasing the aggregate principal amount available thereunder by $300 million to $1.45 billion, extending the expiration date from July 25, 2017 to September 6, 2018, and increasing CL&P's borrowing sublimit from $300 million to $600 million. At the same time, effective September 6, 2013, the CL&P $300 million revolving credit facility was terminated. On September 6, 2013, NSTAR Electric amended its five-year $450 million revolving credit facility dated July 25, 2012 by extending the expiration date from July 25, 2017 to September 6, 2018. On September 6, 2013, the NU parent $1.15 billion commercial paper program was increased by $300 million to $1.45 billion. As of September 30, 2013 and December 31, 2012, NU had approximately $1.2 billion and $1.15 billion, respectively, in short-term borrowings outstanding under the NU parent commercial paper program, which provides $263 million of available borrowing capacity as of September 30, 2013. The weighted-average interest rate on these borrowings as of September 30, 2013 and December 31, 2012 was 0.268 percent and 0.46 percent, respectively, which is generally based on money market rates. As of September 30, 2013, there were intercompany loans from NU of $342.9 million to CL&P, $228.5 million to PSNH and $79.8 million to WMECO. As of December 31, 2012, there were intercompany loans from NU of $405.1 million to CL&P, $63.3 million to PSNH, and $31.9 million to WMECO. As of September 30, 2013 and December 31, 2012, NSTAR Electric had $156 million and $276 million, respectively, in short-term borrowings outstanding under its commercial paper program, leaving $294 million and $174 million, respectively, of available borrowing capacity. The weighted-average interest rate on these borrowings as of September 30, 2013 and December 31, 2012 was 0.134 percent and 0.31 percent, respectively, which is generally based on money market rates. Amounts outstanding under the commercial paper programs are included in Notes Payable for NU and NSTAR Electric and classified in current liabilities on the balance sheets as all borrowings are 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 balance sheets.
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 operating 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 current liabilities exceeding current assets by approximately $1.4 billion, $392 million, $315 million, $114 million and $11 million at NU, CL&P, NSTAR Electric, PSNH and WMECO, respectively, as of September 30, 2013. As of September 30, 2013, approximately $577 million of NU's current liabilities related to long-term debt that will be paid in the next 12 months, primarily consisting of $150 million for CL&P, $302 million for NSTAR Electric and $50 million for PSNH. 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 and/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 forecasted capital investment opportunities.
us-gaap Long Term Debt Description
LongTermDebtDescription
Long-Term Debt: On January 15, 2013, CL&P issued $400 million of Series A First and Refunding Mortgage Bonds with a coupon rate of 2.5 percent and a maturity date of January 15, 2023. The proceeds, net of issuance costs, were used to pay short-term borrowings outstanding under the CL&P credit agreement and the NU parent commercial paper program. Therefore, as of December 31, 2012, CL&P's credit agreement borrowings of $89 million and intercompany loans related to the commercial paper program of $305.8 million were classified as Long-Term Debt on the balance sheet. On May 1, 2013, PSNH redeemed at par approximately $109 million of the 2001 Series C PCRBs that were due to mature in 2021 using short-term debt. On May 13, 2013, NU parent issued $750 million of Senior Notes, consisting of $300 million of Series E Senior Notes at a coupon rate of 1.45 percent that will mature on May 1, 2018 and $450 million of Series F Senior Notes at a coupon rate of 2.80 percent that will mature on May 1, 2023. Part of the proceeds, net of issuance costs, was used to repay the NU parent $250 million Series C Senior Notes at a coupon rate of 5.65 percent that matured on June 1, 2013 and the NU parent $300 million floating rate Series D Senior Notes that matured on September 20, 2013. The remaining net proceeds were used to repay commercial paper borrowings and for other general corporate purposes. On May 17, 2013, NSTAR Electric issued $200 million of three-year floating rate debentures due to mature on May 17, 2016. The proceeds, net of issuance costs, were used to repay commercial paper borrowings and for general corporate purposes. The debentures have a coupon rate reset quarterly based on 3-month LIBOR plus a credit spread of 0.24 percent. The interest rate as of September 30, 2013 was 0.5032 percent. On September 1, 2013, WMECO repaid at maturity, $55 million of 5.00 percent Series A Senior Notes using short-term debt. On September 3, 2013, CL&P redeemed at par $125 million of 1.25 percent Series B 2011 PCRBs that were subject to mandatory tender for purchase using short-term debt. On September 20, 2013, NU parent repaid at maturity, $300 million of Floating Rate Series D Senior Notes with proceeds from NU parent’s issuance on May 13, 2013 of $750 million of Series E and Series F Senior Notes. On August 29, 2013, NSTAR Electric filed an application with the DPU requesting authorization to issue up to $800 million in long-term debt for the two-year period ending December 31, 2015. On September 26, 2013, the NHPUC issued an order, effective October 8, 2013, approving PSNH's request to issue up to $315 million in long-term debt through December 31, 2014, and to refinance $89.3 million 2001 Series B PCRBs through its existing maturity of May 2021.
nu Environmental Site Quantity
EnvironmentalSiteQuantity
68 pure
CY2012 nu Environmental Site Quantity
EnvironmentalSiteQuantity
77 pure
CY2013Q3 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
36500000 USD
CY2012Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
39400000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
1500000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1300000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
800000 USD
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
500000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
57800000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
4800000 USD
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
53000000 USD
nu Othercomprehensiveincomebeforereclassifications
Othercomprehensiveincomebeforereclassifications
-800000 USD
nu Amountreclassifiedfromaoci
Amountreclassifiedfromaoci
6300000 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
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-14900000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-800000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
-7300000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
-2500000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
900000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-2500000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
2600000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
500000 USD
CY2013Q3 nu Amountreclassifiedfromaoci
Amountreclassifiedfromaoci
2100000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-100000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
1600000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
300000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
1000000 USD
CY2013Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
5
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
332509383 shares
CY2013Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
333019517 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
380000000 shares
CY2013Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
380000000 shares
CY2013Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
18137017 shares
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
18455749 shares
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
5
CY2013Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
926893 shares
CY2012Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
999355 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
315291346 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
316218239 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
314806441 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
315805796 shares
CY2013Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2012Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
869379 shares
dei Entity Central Index Key
EntityCentralIndexKey
0000072741
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
315094075 shares
CY2013Q3 dei Entity Public Float
EntityPublicFloat
13224337788 USD
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2012Q2 us-gaap Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued
BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued
136000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
315191752 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2100 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5688 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
264636636 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
716741 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
265353377 shares
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.93
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.93
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.33
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.32
dei Entity Registrant Name
EntityRegistrantName
NORTHEAST UTILITIES
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

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