ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2015

GTN

Acquisitions

Schedule of purchase price

(millions of dollars)
Net Purchase Price(a)	359
Less: TransCanada's carrying value of non-controlling interest at April 1, 2015	232
Excess purchase price(b)	127

(a)	Total purchase price of $457 million less the assumption of $98 million of proportional GTN debt by the Partnership.
(b)	The excess purchase price of $127 million was recorded as a reduction in Partners' Equity.

Bison

Acquisitions

Schedule of purchase price

(millions of dollars)
Total cash consideration	217
TransCanada's carrying value of non-controlling interest at October 1, 2014	188
Excess purchase price	29

GTN and Bison

Acquisitions

Schedule of purchase price

(millions of dollars)
Current assets	67
Property, plant and equipment, net	1,792
Other assets	1
Current liabilities	(20	)
Other liabilities	(21	)
Long-term debt	(325	)
	1,494
Non-controlling interest	(448	)
Carrying value of pre-existing 25% interest in each of GTN and Bison	(374	)
Carrying value of acquired 45% interest in each of GTN and Bison	672
Excess purchase price over net assets acquired (includes Carty Lateral consideration)	274
Total cash consideration including $25 million Carty Lateral consideration	946