Company: CNLHP
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050033
Chunk: 96

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 96
---
.9 $0.5 $(3.7)$156.7 $163.2 $0.1 $(6.1)$157.2 Unrealized gains and losses for available-for-sale debt securities included in the CYAPC and YAEC spent nuclear fuel trusts are subject to regulatory accounting treatment and are recorded in Marketable Securities with the corresponding offset to long-term liabilities on the balance sheets, with no impact on the statements of income.  As of September 30, 2025, the contractual maturities of available-for-sale debt securities were as follows:  Eversource(Millions of Dollars)Amortized CostFair ValueLess than one year $13.6 $13.6 One to five years37.5 38.2 Six to ten years27.1 27.2 Greater than ten years81.7 77.7 Total Debt Securities$159.9 $156.7 Realized Gains and Losses:  Realized gains and losses are offset in long-term liabilities for CYAPC and YAEC and are recorded in Other Income, Net for Eversource's benefit trusts.  Eversource utilizes the average cost basis method for the CYAPC and YAEC spent nuclear fuel trusts.Fair Value Measurements:  The following table presents the marketable securities recorded at fair value on a recurring basis by the level in which they are classified within the fair value hierarchy:Eversource(Millions of Dollars)As of September 30, 2025As of December 31, 2024Level 1:    Mutual Funds and Equities$164.3 $163.1 Money Market Funds10.3 10.0 Total Level 1$174.6 $173.1 Level 2:  U.S. Government Issued Debt Securities (Agency and Treasury)$86.4 $92.0 Corporate Debt Securities38.0 32.5 Asset-Backed Debt Securities6.9 7.8 Municipal Bonds6.5 6.8 Other Fixed Income Securities8.6 8.1 Total Level 2$146.4 $147.2 Total Marketable Securities$321.0 $320.3 U.S. government issued debt securities are valued using market approaches that incorporate transactions for the same or similar bonds and adjustments for yields and maturity dates.