Eversource 2010 Annual Report Download - page 63

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(f) Other than the net mark-to-market changes on respective derivative contracts held by both the Regulated companies and NU
Enterprises, these obligations are not included on our consolidated balance sheets. On February 7, 2010, an explosion occurred
at the construction site of Kleen Energy Systems, LLC’s 620 MW generation project with which CL&P has a Contract for
Differences (CfD) contract. This event could delay or change CL&P’s estimated payments under the CfD contract. For further
information, see Note 12C, "Commitments and Contingencies - Long-Term Contractual Arrangements," to the consolidated
financial statements.
(g) Does not include unrecognized tax benefits of $101.2 million for NU and $80.8 million for CL&P as of December 31, 2010, as we
cannot make reasonable estimates of the periods or the potential amounts of cash settlement with the respective taxing authorities.
Also does not include an NU $50 million contingent commitment to an energy investment fund, which would be invested under
certain conditions, as we cannot make reasonable estimates of the periods or the investment contributions.
(h) Amount represents open purchase orders, excluding those obligations that are included in the capital leases, operating leases,
estimated future annual regulated company costs and the estimated future annual NU Enterprises costs. These payments are
subject to change as certain purchase orders include estimates based on projected quantities of material and/or services that are
provided on demand, the timing of which cannot be determined. Because payment timing cannot be determined, we include all
open purchase order amounts in 2011.
(i) For NU, excludes other long-term liabilities, including a significant portion of the unrecognized tax benefits described above,
deferred contractual obligations ($133.1 million), environmental reserves ($37.1 million), various injuries and damages reserves
($35.1 million), employee medical insurance reserves ($6.9 million), long-term disability insurance reserves ($12 million) and the
ARO liability reserves ($53.3 million) as we cannot make reasonable estimates of the timing of payments. For CL&P, excludes
unrecognized tax benefits described above, deferred contractual obligations ($91.7 million) environmental reserves ($2.8 million),
various injuries and damages reserves ($23.5 million), employee medical insurance reserves ($2.2 million), long-term disability
insurance reserves ($3.8 million) and the ARO liability reserves ($29.3 million).
(j) These amounts represent NU's estimated minimum pension contributions to its qualified Pension Plan required under ERISA and
the Internal Revenue Code. Contributions in 2012 through 2015 will vary depending on many factors, including the performance of
existing plan assets, valuation of the plan's liabilities and long-term discount rates, and are subject to change.
RRB amounts are non-recourse to us, have no required payments over the next five years and are not included in this table. The
Regulated companies' standard offer service contracts and default service contracts are also not included in this table. For further
information regarding our contractual obligations and commercial commitments, see the consolidated statements of capitalization and
Note 8, "Short-Term Debt," Note 9, "Long-Term Debt," Note 10A, "Employee Benefits - Pension Benefits and Postretirement Benefits
Other Than Pensions," Note 12C, "Commitments and Contingencies - Long-Term Contractual Arrangements," and Note 13, "Leases,"
to the consolidated financial statements.
Web Site: Additional financial information is available through our web site at www.nu.com.