XML 171 R136.htm IDEA: XBRL DOCUMENT v3.22.0.1
INCOME TAXES - Temporary Differences That Give Rise To Accumulated Deferred Income Tax Obligations (Details) - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Deferred Tax Assets:    
Employee Benefits $ 270.8 $ 602.4
Derivative Liabilities 76.8 92.6
Regulatory Deferrals - Liabilities 390.7 259.8
Allowance for Uncollectible Accounts 104.1 87.5
Tax Effect - Tax Regulatory Liabilities 783.4 810.9
Net Operating Loss Carryforwards 7.5 12.7
Purchase Accounting Adjustment 67.2 54.5
Other 196.6 200.3
Total Deferred Tax Assets 1,897.1 2,120.7
Less:  Valuation Allowance 61.5 48.3
Net Deferred Tax Assets 1,835.6 2,072.4
Deferred Tax Liabilities:    
Accelerated Depreciation and Other   Plant-Related Differences 4,426.0 4,153.6
Property Tax Accruals 88.1 88.7
Regulatory Amounts:    
Regulatory Deferrals - Assets 1,260.3 1,376.7
Tax Effect - Tax Regulatory Assets 257.8 244.6
Goodwill Regulatory Asset - 1999 Merger 81.4 86.0
Derivative Assets 14.9 17.8
Other 304.2 200.3
Total Deferred Tax Liabilities 6,432.7 6,167.7
The Connecticut Light and Power Company    
Deferred Tax Assets:    
Employee Benefits 23.9 144.5
Derivative Liabilities 76.8 91.8
Regulatory Deferrals - Liabilities 90.9 30.2
Allowance for Uncollectible Accounts 48.8 42.3
Tax Effect - Tax Regulatory Liabilities 328.2 331.4
Net Operating Loss Carryforwards 0.0 0.0
Purchase Accounting Adjustment 0.0 0.0
Other 103.9 100.9
Total Deferred Tax Assets 672.5 741.1
Less:  Valuation Allowance 44.5 33.7
Net Deferred Tax Assets 628.0 707.4
Deferred Tax Liabilities:    
Accelerated Depreciation and Other   Plant-Related Differences 1,509.5 1,438.1
Property Tax Accruals 40.5 39.0
Regulatory Amounts:    
Regulatory Deferrals - Assets 438.3 444.8
Tax Effect - Tax Regulatory Assets 181.4 174.4
Goodwill Regulatory Asset - 1999 Merger 0.0 0.0
Derivative Assets 14.9 17.8
Other 5.5 1.6
Total Deferred Tax Liabilities 2,190.1 2,115.7
NSTAR Electric Company    
Deferred Tax Assets:    
Employee Benefits 40.3 79.8
Derivative Liabilities 0.0 0.0
Regulatory Deferrals - Liabilities 215.4 161.8
Allowance for Uncollectible Accounts 21.5 20.9
Tax Effect - Tax Regulatory Liabilities 254.3 271.8
Net Operating Loss Carryforwards 0.0 0.0
Purchase Accounting Adjustment 0.0 0.0
Other 21.7 14.3
Total Deferred Tax Assets 553.2 548.6
Less:  Valuation Allowance 0.0 0.0
Net Deferred Tax Assets 553.2 548.6
Deferred Tax Liabilities:    
Accelerated Depreciation and Other   Plant-Related Differences 1,553.7 1,489.4
Property Tax Accruals 33.7 37.0
Regulatory Amounts:    
Regulatory Deferrals - Assets 337.6 324.4
Tax Effect - Tax Regulatory Assets 10.9 11.3
Goodwill Regulatory Asset - 1999 Merger 69.9 73.8
Derivative Assets 0.0 0.0
Other 126.9 72.6
Total Deferred Tax Liabilities 2,132.7 2,008.5
Public Service Company of New Hampshire    
Deferred Tax Assets:    
Employee Benefits 14.1 56.6
Derivative Liabilities 0.0 0.0
Regulatory Deferrals - Liabilities 24.3 13.4
Allowance for Uncollectible Accounts 6.2 4.6
Tax Effect - Tax Regulatory Liabilities 100.9 105.2
Net Operating Loss Carryforwards 0.0 0.0
Purchase Accounting Adjustment 0.0 0.0
Other 22.9 19.8
Total Deferred Tax Assets 168.4 199.6
Less:  Valuation Allowance 0.0 0.0
Net Deferred Tax Assets 168.4 199.6
Deferred Tax Liabilities:    
Accelerated Depreciation and Other   Plant-Related Differences 482.9 453.8
Property Tax Accruals 6.3 5.8
Regulatory Amounts:    
Regulatory Deferrals - Assets 198.4 263.4
Tax Effect - Tax Regulatory Assets 8.3 8.6
Goodwill Regulatory Asset - 1999 Merger 0.0 0.0
Derivative Assets 0.0 0.0
Other 10.5 5.6
Total Deferred Tax Liabilities $ 706.4 $ 737.2