$ES
Eversource Energy

2015 Q2 Form 10-Q Financial Statement

#000007274115000043 Filed on August 05, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q4 2014 Q2
Revenue $1.817B $1.881B $1.678B
YoY Change 8.32% 5.82% 2.55%
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 $163.7M $158.5M $152.2M
YoY Change 7.53% 7.68% -4.6%
% of Gross Profit
Operating Expenses $1.405B $1.451B $1.384B
YoY Change 1.55% 2.39% 7.65%
Operating Profit $412.0M $430.2M $294.0M
YoY Change 40.14% 19.3% -16.14%
Interest Expense $92.26M -$89.90M $92.50M
YoY Change -0.26% 2.04% 6.5%
% of Operating Profit 22.39% -20.9% 31.46%
Other Income/Expense, Net $12.90M $5.600M $5.526M
YoY Change 133.42% -31.71% 11.77%
Pretax Income $332.7M $345.9M $207.0M
YoY Change 60.69% 23.18% -22.95%
Income Tax $123.3M $122.4M $77.77M
% Of Pretax Income 37.06% 35.39% 37.57%
Net Earnings $209.4M $223.6M $129.2M
YoY Change 62.07% 24.78% -25.36%
Net Earnings / Revenue 11.52% 11.89% 7.7%
Basic Earnings Per Share $0.65 $0.40
Diluted Earnings Per Share $0.65 $696.6K $0.40
COMMON SHARES
Basic Shares Outstanding 317.6M shares 316.8M shares 316.0M shares
Diluted Shares Outstanding 318.6M shares 317.1M shares

Balance Sheet

Concept 2015 Q2 2014 Q4 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $161.0M $39.00M $150.0M
YoY Change 7.33% -9.3% 316.67%
Cash & Equivalents $36.00M $39.00M $34.00M
Short-Term Investments $125.0M $116.0M
Other Short-Term Assets $62.88M $1.110B $829.0M
YoY Change -92.41% 417.99% 375.12%
Inventory $290.0M $350.0M $282.0M
Prepaid Expenses
Receivables $903.6M $856.0M $808.0M
Other Receivables $117.0M $338.0M $0.00
Total Short-Term Assets $2.450B $2.692B $2.068B
YoY Change 18.47% 28.99% 0.82%
LONG-TERM ASSETS
Property, Plant & Equipment $19.08B $18.65B $17.98B
YoY Change 6.12% 6.09% 6.18%
Goodwill $3.519B $3.519B
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $498.0M $515.0M $514.0M
YoY Change -3.11% 5.32% 2.39%
Other Assets $316.8M $312.4M $3.710B
YoY Change -91.46% 7.15% 1195.12%
Total Long-Term Assets $8.351B $8.401B $25.72B
YoY Change -67.53% 3.3% 179.15%
TOTAL ASSETS
Total Short-Term Assets $2.450B $2.692B $2.068B
Total Long-Term Assets $8.351B $8.401B $25.72B
Total Assets $29.88B $29.74B $27.79B
YoY Change 7.52% 7.0% -1.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $599.0M $868.2M $562.0M
YoY Change 6.58% 16.97% 5.64%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $954.0M $957.0M $905.0M
YoY Change 5.41% -12.44% 13.84%
Long-Term Debt Due $278.9M $245.6M $396.0M
YoY Change -29.58% -53.95% -55.41%
Total Short-Term Liabilities $2.839B $3.134B $2.803B
YoY Change 1.28% -4.31% -9.05%
LONG-TERM LIABILITIES
Long-Term Debt $8.690B $8.606B $8.147B
YoY Change 6.66% 10.66% 6.48%
Other Long-Term Liabilities $876.0M $874.4M $2.661B
YoY Change -67.08% -5.27% 195.91%
Total Long-Term Liabilities $8.011B $7.905B $10.81B
YoY Change -25.88% 13.32% 36.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.839B $3.134B $2.803B
Total Long-Term Liabilities $8.011B $7.905B $10.81B
Total Liabilities $19.54B $11.04B $17.88B
YoY Change 9.27% 7.69% -4.05%
SHAREHOLDERS EQUITY
Retained Earnings $2.644B $2.449B
YoY Change 15.18%
Common Stock $1.669B $1.667B
YoY Change 0.09%
Preferred Stock
YoY Change
Treasury Stock (at cost) -$310.0M -$300.5M
YoY Change -7.98%
Treasury Stock Shares 16.67M shares 16.38M shares 17.11M shares
Shareholders Equity $10.19B $9.977B $9.909B
YoY Change
Total Liabilities & Shareholders Equity $29.88B $29.78B $27.79B
YoY Change 7.52% 7.13% -1.44%

Cashflow Statement

Concept 2015 Q2 2014 Q4 2014 Q2
OPERATING ACTIVITIES
Net Income $209.4M $223.6M $129.2M
YoY Change 62.07% 24.78% -25.36%
Depreciation, Depletion And Amortization $163.7M $158.5M $152.2M
YoY Change 7.53% 7.68% -4.6%
Cash From Operating Activities $373.8M $248.0M $402.9M
YoY Change -7.22% -49.02% 36.16%
INVESTING ACTIVITIES
Capital Expenditures -$377.8M -$486.2M -$375.3M
YoY Change 0.67% 26.95% 20.56%
Acquisitions
YoY Change
Other Investing Activities $26.50M $17.60M $5.100M
YoY Change 419.61% 2100.0% -87.38%
Cash From Investing Activities -$351.3M -$468.6M -$370.2M
YoY Change -5.11% 22.61% 36.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -57.00M 217.7M -87.60M
YoY Change -34.93% -283.1% 76.26%
NET CHANGE
Cash From Operating Activities 373.8M 248.0M 402.9M
Cash From Investing Activities -351.3M -468.6M -370.2M
Cash From Financing Activities -57.00M 217.7M -87.60M
Net Change In Cash -34.50M -2.900M -54.90M
YoY Change -37.16% -80.14% 122.27%
FREE CASH FLOW
Cash From Operating Activities $373.8M $248.0M $402.9M
Capital Expenditures -$377.8M -$486.2M -$375.3M
Free Cash Flow $751.6M $734.2M $778.2M
YoY Change -3.42% -15.56% 28.16%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
3047000 USD
CY2014Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
672493000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
18647041000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
586402000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
2074000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3759000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
2086000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2814000 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
130181000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
510000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
381000 USD
CY2015Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
207888000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
509000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1120000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
129247000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.79
CY2014Q4 us-gaap Goodwill
Goodwill
3519401000 USD
CY2014Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
515025000 USD
CY2014Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
515144000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
349957000 USD
CY2014Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
4054086000 USD
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
-309977000 USD
CY2014Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
8438469000 USD
CY2014Q4 us-gaap Assets
Assets
29777975000 USD
CY2015Q2 us-gaap Cash
Cash
36469000 USD
CY2015Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
903578000 USD
CY2015Q2 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
205155000 USD
CY2015Q2 us-gaap Energy Related Inventory
EnergyRelatedInventory
289561000 USD
CY2015Q2 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
709660000 USD
CY2015Q2 us-gaap Other Assets Current
OtherAssetsCurrent
62884000 USD
CY2015Q2 us-gaap Assets Current
AssetsCurrent
2449929000 USD
CY2015Q2 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
19079189000 USD
CY2015Q2 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
4016684000 USD
CY2015Q2 us-gaap Goodwill
Goodwill
3519401000 USD
CY2015Q2 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
497919000 USD
CY2015Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
316817000 USD
CY2015Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
8350821000 USD
CY2015Q2 us-gaap Notes Payable
NotesPayable
953700000 USD
CY2014Q4 us-gaap Notes Payable
NotesPayable
956825000 USD
CY2015Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
278883000 USD
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
868231000 USD
CY2015Q2 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
208510000 USD
CY2014Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
235022000 USD
CY2015Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4606159000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4467473000 USD
CY2015Q2 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
510807000 USD
CY2015Q2 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
380966000 USD
CY2014Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
409632000 USD
CY2015Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1636769000 USD
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1638558000 USD
CY2015Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
875985000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
874387000 USD
CY2015Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
8010686000 USD
CY2014Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
7905194000 USD
CY2015Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
8689647000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
8606017000 USD
CY2015Q2 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
155568000 USD
CY2014Q4 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
155568000 USD
CY2015Q2 us-gaap Common Stock Value
CommonStockValue
1669167000 USD
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
1666796000 USD
CY2015Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
6253411000 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
6235834000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2644485000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2448661000 USD
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-72033000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-74009000 USD
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
-300467000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
10185053000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
9976815000 USD
CY2015Q2 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
19030268000 USD
CY2014Q4 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
18738400000 USD
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
29879939000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
29777975000 USD
CY2014Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
337307000 USD
CY2015Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
117792000 USD
CY2015Q2 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
203375000 USD
CY2015Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
124830000 USD
CY2014Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
124173000 USD
CY2015Q2 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
316641000 USD
CY2015Q2 us-gaap Amortization Of Regulatory Asset
AmortizationOfRegulatoryAsset
-1166000 USD
CY2015Q2 es Energy Efficiency Programs
EnergyEfficiencyPrograms
101850000 USD
CY2015Q2 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
138935000 USD
CY2015Q2 us-gaap Operating Expenses
OperatingExpenses
1405046000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
412015000 USD
CY2015Q2 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
88021000 USD
CY2015Q2 us-gaap Interest Expense Other
InterestExpenseOther
4238000 USD
CY2015Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
12899000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
332655000 USD
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
123268000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
209387000 USD
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1880000 USD
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
207507000 USD
CY2014Q2 us-gaap Revenues
Revenues
1677614000 USD
CY2014Q2 us-gaap Cost Of Purchased Power
CostOfPurchasedPower
624211000 USD
CY2014Q2 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
373234000 USD
CY2014Q2 us-gaap Depreciation
Depreciation
152207000 USD
CY2014Q2 us-gaap Amortization Of Regulatory Asset
AmortizationOfRegulatoryAsset
-3542000 USD
CY2014Q2 es Energy Efficiency Programs
EnergyEfficiencyPrograms
102711000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
293990000 USD
CY2014Q2 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
87491000 USD
CY2014Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5526000 USD
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
77774000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1248000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
218000 USD
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1880000 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1880000 USD
CY2014Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.39
CY2015Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2015Q2 us-gaap Interest Expense
InterestExpense
92259000 USD
CY2014Q2 us-gaap Interest Expense
InterestExpense
92495000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
741014000 USD
us-gaap Amortization Of Regulatory Asset
AmortizationOfRegulatoryAsset
54356000 USD
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
174868000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
462737000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
367848000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4524000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
176800000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
48432000 USD
us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
73547000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-48247000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
123984000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-60044000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-214577000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-228176000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-9226000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
855556000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
740379000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
427990000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
408242000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-4821000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-715810000 USD
CY2014Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
415400000 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
422400000 USD
CY2013Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
635200000 USD
us-gaap Revenues
Revenues
4330491000 USD
us-gaap Cost Of Purchased Power
CostOfPurchasedPower
1847167000 USD
us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
650024000 USD
us-gaap Depreciation
Depreciation
327505000 USD
us-gaap Amortization Of Regulatory Asset
AmortizationOfRegulatoryAsset
59438000 USD
es Energy Efficiency Programs
EnergyEfficiencyPrograms
248452000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
288415000 USD
us-gaap Operating Expenses
OperatingExpenses
3421001000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
909490000 USD
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
175735000 USD
us-gaap Interest Expense Other
InterestExpenseOther
11367000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
18626000 USD
us-gaap Interest Expense
InterestExpense
187102000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
276494000 USD
us-gaap Net Income Loss
NetIncomeLoss
464520000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3759000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
460761000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.84
us-gaap Depreciation
Depreciation
303014000 USD
us-gaap Cost Of Purchased Power
CostOfPurchasedPower
1602362000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
219319000 USD
us-gaap Interest Expense Other
InterestExpenseOther
7603000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
363324000 USD
us-gaap Operating Expenses
OperatingExpenses
3206525000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
761679000 USD
es Energy Efficiency Programs
EnergyEfficiencyPrograms
241536000 USD
us-gaap Revenues
Revenues
3968204000 USD
us-gaap Interest Expense
InterestExpense
182471000 USD
us-gaap Net Income Loss
NetIncomeLoss
367083000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
7194000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3759000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
280335000 USD
us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
724922000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1116000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1018000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
458000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1019000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3759000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-7333000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-141980000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2234000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
133149000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
47558000 USD
us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
-164388000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-9359000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
57570000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-26633000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
62900000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-112954000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
41753000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
896663000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
724043000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
256309000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
257168000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-3473000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-721429000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3932000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-184502000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-9268000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
264936000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3759000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-449375000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
750000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
237161000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3759000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-213000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
650000000 USD
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
31032000 USD
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
40640000 USD
CY2013Q4 us-gaap Cash
Cash
43364000 USD
CY2014Q2 us-gaap Cash
Cash
34096000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
376650000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
166577000 USD
es Proceeds From Doe Damages Claim Net
ProceedsFromDoeDamagesClaimNet
0 USD
es Proceeds From Doe Damages Claim Net
ProceedsFromDoeDamagesClaimNet
125658000 USD
CY2015Q2 es Description Of Consolidation Of Yankee Companies
DescriptionOfConsolidationOfYankeeCompanies
Eversource consolidates CYAPC and YAEC because 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 of the Eversource financial statements.
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
CY2014 es Environmental Site Quantity
EnvironmentalSiteQuantity
65 pure
CY2015Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
46200000 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
175300000 USD
CY2015Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
209800000 USD
CY2015Q2 es Uncollectible Hardship Accounts Receivable Reserve
UncollectibleHardshipAccountsReceivableReserve
106200000 USD
CY2014Q4 es Uncollectible Hardship Accounts Receivable Reserve
UncollectibleHardshipAccountsReceivableReserve
91500000 USD
us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
75100000 USD
us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
79600000 USD
CY2015Q2 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
33200000 USD
CY2014Q2 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
35200000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
125500000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
142300000 USD
us-gaap Description Of Postemployment Benefits
DescriptionOfPostemploymentBenefits
Severance Benefits
CY2015Q2 us-gaap Postemployment Benefits Liability Current
PostemploymentBenefitsLiabilityCurrent
7800000 USD
CY2014Q4 us-gaap Postemployment Benefits Liability Current
PostemploymentBenefitsLiabilityCurrent
10400000 USD
CY2015Q2 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
1200000 USD
CY2014Q2 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
1400000 USD
us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
1600000 USD
us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
5700000 USD
CY2015Q2 us-gaap Regulatory Assets
RegulatoryAssets
4726400000 USD
CY2014Q4 us-gaap Regulatory Assets
RegulatoryAssets
4726600000 USD
CY2015Q2 us-gaap Amount Of Regulatory Costs Not Yet Approved
AmountOfRegulatoryCostsNotYetApproved
60800000 USD
CY2014Q4 us-gaap Amount Of Regulatory Costs Not Yet Approved
AmountOfRegulatoryCostsNotYetApproved
60500000 USD
CY2015Q2 us-gaap Regulatory Liabilities
RegulatoryLiabilities
719300000 USD
CY2014Q4 us-gaap Regulatory Liabilities
RegulatoryLiabilities
750100000 USD
CY2015Q2 us-gaap Public Utilities Disclosure Of Regulatory Matters Pending
PublicUtilitiesDisclosureOfRegulatoryMattersPending
2015 Regulatory Developments: FERC ROE Complaints: As a result of the March 3, 2015 FERC order in the pending ROE complaint proceedings described in Note 8C, "Commitments and Contingencies – FERC ROE Complaints," in 2015, Eversource recognized a pre-tax charge to earnings (excluding interest) of $20 million, of which $12.5 million was recorded at CL&P, $2.4 million at NSTAR Electric, $1 million at PSNH, and $4.1 million at WMECO. The pre-tax charge was recorded as a regulatory liability and as a reduction to Operating Revenues. NSTAR Electric and NSTAR Gas 2014 Comprehensive Settlement Agreement: On March 2, 2015, the DPU approved the comprehensive settlement agreement between NSTAR Electric, NSTAR Gas and the Massachusetts Attorney General (the "Settlement") as filed with the DPU on December 31, 2014. The Settlement resolved the outstanding NSTAR Electric CPSL program filings for 2006 through 2011, the NSTAR Electric and NSTAR Gas PAM and energy efficiency-related customer billing adjustments reported in 2012, and the recovery of LBR related to NSTAR Electric's energy efficiency programs for 2009 through 2011 (11 dockets in total). In 2015, as a result of the DPU order, NSTAR Electric and NSTAR Gas commenced refunding a combined $44.7 million to customers, which was recorded as a regulatory liability. NSTAR Electric recognized a $21.7 million pre-tax benefit in the first half of 2015 as a result of the approval of the Settlement. NSTAR Electric Basic Service Bad Debt Adder: On January 7, 2015, the DPU issued an order concluding that NSTAR Electric had removed energy-related bad debt costs from base distribution rates effective January 1, 2006. The DPU ordered NSTAR Electric and the Massachusetts Attorney General to collaborate on the reconciliations of energy-related bad debt costs through 2014. As a result of the DPU order, NSTAR Electric increased its regulatory assets and reduced operations and maintenance expense by $24.2 million in the first quarter, resulting in after-tax earnings of $14.5 million. On May 5, 2015, NSTAR Electric filed for recovery of the energy-related bad debt costs regulatory asset from customers beginning July 1, 2015. On June 24, 2015, the DPU delayed the effective date of NSTAR Electric’s proposed rate increase from July 1, 2015 to November 1, 2015 to allow for the DPU staff to review the reconciliations. The established procedural schedule is expected to result in an approval of the proposed rate increase in the fourth quarter of 2015. CL&P Distribution Rates: On December 17, 2014, PURA granted a re-opener request to CL&P’s base distribution rate application for further review of the appropriate balance of ADIT utilized in the calculation of rate base. On July 2, 2015, PURA issued a final order that approved a settlement agreement filed on May 19, 2015 between CL&P and the PURA Prosecutorial Staff. The order allows for an increase to rate base of approximately $166 million associated with ADIT, including a regulatory asset to recover the incremental revenue requirement for the period December 1, 2014 through November 30, 2015 over a subsequent two-year period. The rate base increase provided an increase to total allowed annual revenue requirements of $18.4 million beginning December 1, 2014. Of that amount, $10.7 million has been recorded as a regulatory asset in June 2015, with a corresponding increase in Operating Revenues. The remaining $7.7 million will be recorded from July 2015 through November 2015. The aggregate amount will be collected from customers in rates over a 24-month period commencing on December 1, 2015.
CY2015Q2 us-gaap Public Utilities Property Plant And Equipment Distribution
PublicUtilitiesPropertyPlantAndEquipmentDistribution
12701600000 USD
CY2015Q2 es Public Utilities Property Plant And Equipment Distribution Natural Gas
PublicUtilitiesPropertyPlantAndEquipmentDistributionNaturalGas
2625900000 USD
CY2015Q2 us-gaap Public Utilities Property Plant And Equipment Transmission
PublicUtilitiesPropertyPlantAndEquipmentTransmission
7196300000 USD
CY2015Q2 us-gaap Public Utilities Property Plant And Equipment Generation Or Processing
PublicUtilitiesPropertyPlantAndEquipmentGenerationOrProcessing
1175900000 USD
CY2015Q2 es Public Utilities Property Plant And Equipment Electric And Natural Gas Utility Total
PublicUtilitiesPropertyPlantAndEquipmentElectricAndNaturalGasUtilityTotal
23699700000 USD
CY2015Q2 us-gaap Public Utilities Property Plant And Equipment Other Property Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentOtherPropertyPlantAndEquipment
547500000 USD
CY2015Q2 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
24247200000 USD
CY2015Q2 es Electric And Natural Gas Utility Accumulated Depreciation
ElectricAndNaturalGasUtilityAccumulatedDepreciation
5950400000 USD
CY2015Q2 es Other Accumulated Depreciation
OtherAccumulatedDepreciation
238400000 USD
CY2015Q2 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
6188800000 USD
CY2015Q2 es Property Plant And Equipment Net Excluding Construction Work In Progress
PropertyPlantAndEquipmentNetExcludingConstructionWorkInProgress
18058400000 USD
CY2015Q2 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress
1020800000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Distribution
PublicUtilitiesPropertyPlantAndEquipmentDistribution
12495200000 USD
CY2014Q4 es Public Utilities Property Plant And Equipment Distribution Natural Gas
PublicUtilitiesPropertyPlantAndEquipmentDistributionNaturalGas
2595400000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Transmission
PublicUtilitiesPropertyPlantAndEquipmentTransmission
6930700000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Generation Or Processing
PublicUtilitiesPropertyPlantAndEquipmentGenerationOrProcessing
1170900000 USD
CY2014Q4 es Public Utilities Property Plant And Equipment Electric And Natural Gas Utility Total
PublicUtilitiesPropertyPlantAndEquipmentElectricAndNaturalGasUtilityTotal
23192200000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Other Property Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentOtherPropertyPlantAndEquipment
551300000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
23743500000 USD
CY2014Q4 es Electric And Natural Gas Utility Accumulated Depreciation
ElectricAndNaturalGasUtilityAccumulatedDepreciation
5777800000 USD
CY2014Q4 es Other Accumulated Depreciation
OtherAccumulatedDepreciation
231800000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
6009600000 USD
CY2014Q4 es Property Plant And Equipment Net Excluding Construction Work In Progress
PropertyPlantAndEquipmentNetExcludingConstructionWorkInProgress
17733900000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress
913100000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
43000000 USD
us-gaap Description Of Derivative Activity Volume
DescriptionOfDerivativeActivityVolume
As required by regulation, CL&P, along with UI, has capacity-related contracts with generation facilities. CL&P has a sharing agreement with UI, with 80 percent of each contract allocated to CL&P and 20 percent allocated to UI. The combined capacity of these contracts is 787 MW. The capacity contracts extend through 2026 and obligate both CL&P and UI to make or receive payments on a monthly basis to or from the generation facilities based on the difference between a set capacity price and the capacity market price received in the ISO-NE capacity markets. In addition, CL&P has a contract to purchase 0.1 million MWh of energy per year through 2020. NSTAR Electric has a renewable energy contract to purchase 0.1 million MWh of energy per year through 2018 and a capacity-related contract to purchase up to 35 MW per year through 2019. As of June 30, 2015 and December 31, 2014, Eversource had NYMEX financial contracts for natural gas futures in order to reduce variability associated with the purchase price of approximately 6.8 million and 8.8 million MMBtu of natural gas, respectively.
CY2015Q2 es Derivative Instruments Gain Loss Recognized In Regulatory Asset Liability
DerivativeInstrumentsGainLossRecognizedInRegulatoryAssetLiability
-36600000 USD
CY2014Q2 es Derivative Instruments Gain Loss Recognized In Regulatory Asset Liability
DerivativeInstrumentsGainLossRecognizedInRegulatoryAssetLiability
111600000 USD
es Derivative Instruments Gain Loss Recognized In Regulatory Asset Liability
DerivativeInstrumentsGainLossRecognizedInRegulatoryAssetLiability
-50100000 USD
es Derivative Instruments Gain Loss Recognized In Regulatory Asset Liability
DerivativeInstrumentsGainLossRecognizedInRegulatoryAssetLiability
166000000 USD
CY2015Q2 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
1300000 USD
CY2014Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
10000000 USD
CY2015Q2 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
1300000 USD
CY2014Q4 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
10000000 USD
es Fairvalueinputsexitpricepremium
Fairvalueinputsexitpricepremium
Exit price premiums of 6 percent through 23 percent are also applied on these contracts and reflect the most recent market activity available for similar type contracts
CY2014Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
564300000 USD
CY2014Q2 es Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Liability Gain Loss Included In Reg Asset Liability
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLiabilityGainLossIncludedInRegAssetLiability
111800000 USD
CY2014Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
21600000 USD
CY2015Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
406800000 USD
CY2015Q2 es Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Liability Gain Loss Included In Reg Asset Liability
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLiabilityGainLossIncludedInRegAssetLiability
-37100000 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
21500000 USD
es Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Liability Gain Loss Included In Reg Asset Liability
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLiabilityGainLossIncludedInRegAssetLiability
-49200000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
42200000 USD
es Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Liability Gain Loss Included In Reg Asset Liability
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLiabilityGainLossIncludedInRegAssetLiability
161300000 USD
CY2014Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
430900000 USD
CY2015Q2 us-gaap Trading Securities Equity
TradingSecuritiesEquity
14900000 USD
CY2014Q4 us-gaap Trading Securities Equity
TradingSecuritiesEquity
85100000 USD
CY2015Q2 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
500000 USD
CY2014Q2 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
3100000 USD
CY2015Q2 us-gaap Marketable Securities Restricted Noncurrent
MarketableSecuritiesRestrictedNoncurrent
450000000 USD
CY2014Q4 us-gaap Marketable Securities Restricted Noncurrent
MarketableSecuritiesRestrictedNoncurrent
450800000 USD
us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
2100000 USD
us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
3800000 USD
CY2015Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
66100000 USD
CY2015Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
70400000 USD
CY2015Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
60100000 USD
CY2015Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
118700000 USD
CY2015Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
66100000 USD
CY2015Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
70800000 USD
CY2015Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
61200000 USD
CY2015Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
121500000 USD
CY2015Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
319600000 USD
CY2015Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
315300000 USD
CY2015Q2 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
622700000 USD
CY2014Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
639200000 USD
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
380000000 shares
CY2015Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
317161942 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
316983337 shares
us-gaap Line Of Credit Facility Description
LineOfCreditFacilityDescription
Credit Agreements and Commercial Paper Programs: Eversource parent, CL&P, PSNH, WMECO, NSTAR Gas and Yankee Gas are parties to a five-year $1.45 billion revolving credit facility that expires September 6, 2019. The facility serves to backstop Eversource parent's $1.45 billion commercial paper program. The commercial paper program allows Eversource parent to issue commercial paper as a form of short-term debt. As of June 30, 2015 and December 31, 2014, Eversource parent had $576.5 million and approximately $1.1 billion, respectively, in short-term borrowings outstanding under the Eversource parent commercial paper program, leaving $873.5 million and $348.9 million of available borrowing capacity as of June 30, 2015 and December 31, 2014, respectively. The weighted-average interest rate on these borrowings as of June 30, 2015 and December 31, 2014 was 0.40 percent and 0.43 percent, respectively. As of June 30, 2015, there were intercompany loans from Eversource parent of $85.6 million to CL&P, $133.5 million to PSNH and $60.6 million to WMECO. As of December 31, 2014, there were intercompany loans from Eversource parent of $133.4 million to CL&P, $90.5 million to PSNH and $21.4 million to WMECO. NSTAR Electric has a five-year $450 million revolving credit facility that expires September 6, 2019. The facility serves to backstop NSTAR Electric's $450 million commercial paper program. As of June 30, 2015 and December 31, 2014, NSTAR Electric had $377.2 million and $302 million, respectively, in short-term borrowings outstanding under its commercial paper program, leaving $72.8 million and $148 million of available borrowing capacity as of June 30, 2015 and December 31, 2014, respectively. The weighted-average interest rate on these borrowings as of June 30, 2015 and December 31, 2014 was 0.19 percent and 0.27 percent, respectively.
us-gaap Long Term Debt Description
LongTermDebtDescription
Long-Term Debt: On January 15, 2015, Eversource parent issued $150 million of 1.60 percent Series G Senior Notes, due to mature in 2018 and $300 million of 3.15 percent Series H Senior Notes, due to mature in 2025. The proceeds, net of issuance costs, were used to repay short-term borrowings outstanding under the Eversource parent commercial paper program. As the debt issuances refinanced short-term debt, the short-term debt was classified as Long-Term Debt as of December 31, 2014. On April 1, 2015, CL&P repaid at maturity the $100 million 5.00 percent 2005 Series A First and Refunding Mortgage Bonds using short-term borrowings. On April 1, 2015, CL&P also redeemed the $62 million 1996A Series 1.55 percent PCRBs that were subject to mandatory tender, using short term borrowings. On May 20, 2015, CL&P issued $300 million of 4.15 percent 2015 Series A First and Refunding Mortgage Bonds due to mature in 2045. The proceeds, net of issuance costs, were used to repay short-term borrowings. On August 1, 2015, WMECO repaid at maturity the $50 million 5.24 percent Series C Senior Notes using short-term borrowings. Long-Term Debt Issuance Authorization: On April 3, 2015, the DPU authorized NSTAR Gas to issue up to $100 million in long-term debt for the period through December 31, 2015. On January 15, 2015, Eversource parent issued $150 million of 1.60 percent Series G Senior Notes, due to mature in 2018 and $300 million of 3.15 percent Series H Senior Notes, due to mature in 2025. The proceeds, net of issuance costs, were used to repay short-term borrowings outstanding under the Eversource parent commercial paper program. As the debt issuances refinanced short-term debt, the short-term debt was classified as Long-Term Debt as of December 31, 2014. On April 1, 2015, CL&P repaid at maturity the $100 million 5.00 percent 2005 Series A First and Refunding Mortgage Bonds using short-term borrowings. On April 1, 2015, CL&P also redeemed the $62 million 1996A Series 1.55 percent PCRBs that were subject to mandatory tender, using short term borrowings. On May 20, 2015, CL&P issued $300 million of 4.15 percent 2015 Series A First and Refunding Mortgage Bonds due to mature in 2045. The proceeds, net of issuance costs, were used to repay short-term borrowings. On August 1, 2015, WMECO repaid at maturity the $50 million 5.24 percent Series C Senior Notes using short-term borrowings.
CY2015Q2 es Amount That Represents Deferred Regulatory Assets
AmountThatRepresentsDeferredRegulatoryAssets
800000 USD
es Amount That Represents Deferred Regulatory Assets
AmountThatRepresentsDeferredRegulatoryAssets
1600000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
532521 shares
CY2014Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
43300000 USD
es Environmental Site Quantity
EnvironmentalSiteQuantity
65 pure
CY2015Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
16671366 shares
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
16375835 shares
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
5
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
1700000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-1500000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-3500000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-2800000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-46000000 USD
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-41500000 USD
CY2015Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
5
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
333359172 shares
CY2015Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
333833308 shares
CY2015Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
380000000 shares
CY2015Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
946402 shares
CY2014Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1162291 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
317613166 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
318559568 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
315950510 shares
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
317112801 shares
CY2015Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.65
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
317352004 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1173374 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
318525378 shares
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
1.45
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
315742511 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1259950 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
317002461 shares
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
1.15
CY2014Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.40
dei Entity Registrant Name
EntityRegistrantName
Eversource Energy
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2015-06-30
dei Entity Central Index Key
EntityCentralIndexKey
0000072741
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2015Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
317173164 shares
CY2015Q2 dei Entity Public Float
EntityPublicFloat
14947688864 USD
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1976000 USD

Files In Submission

Name View Source Status
0000072741-15-000043-index-headers.html Edgar Link pending
0000072741-15-000043-index.html Edgar Link pending
0000072741-15-000043.txt Edgar Link pending
0000072741-15-000043-xbrl.zip Edgar Link pending
es-20150630.xml Edgar Link completed
es-20150630.xsd Edgar Link pending
es-20150630_cal.xml Edgar Link unprocessable
es-20150630_def.xml Edgar Link unprocessable
es-20150630_lab.xml Edgar Link unprocessable
es-20150630_pre.xml Edgar Link unprocessable
exhibit12es.htm Edgar Link pending
exhibit12nstarelectric.htm Edgar Link pending
exhibit12psnh.htm Edgar Link pending
exhibit12wmeco.htm Edgar Link pending
exhibit311clp.htm Edgar Link pending
exhibit311es.htm Edgar Link pending
exhibit311nstarelectric.htm Edgar Link pending
exhibit311psnh.htm Edgar Link pending
exhibit311wmeco.htm Edgar Link pending
exhibit31clp.htm Edgar Link pending
exhibit31es.htm Edgar Link pending
exhibit31nstarelectric.htm Edgar Link pending
exhibit31psnh.htm Edgar Link pending
exhibit31wmeco.htm Edgar Link pending
exhibit32clp.htm Edgar Link pending
exhibit32es.htm Edgar Link pending
exhibit32nstarelectric.htm Edgar Link pending
exhibit32psnh.htm Edgar Link pending
exhibit32wmeco.htm Edgar Link pending
exhibitclp12.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
june302015form10q.htm Edgar Link pending
june302015form10q001.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending