XML 77 R54.htm IDEA: XBRL DOCUMENT v3.3.1.900
INVESTMENTS IN UNCONSOLIDATED AFFILIATES (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2015
Nov. 14, 2013
Apr. 30, 2006
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Feb. 28, 2007
Investments in unconsolidated affiliates                              
Equity Earnings from Unconsolidated Affiliates       $ 34 $ 17 $ 15 $ 31 $ 22 $ 15 $ 18 $ 33 $ 97 $ 88 $ 67 [1]  
Investment in Unconsolidated Affiliates $ 965     965       1,177       965 1,177    
Impairment charge recognized on equity method investment       199               $ 199      
Great Lakes                              
Investments in unconsolidated affiliates                              
Increase in transportation rates compared to current rates (as a percent)   21.00%                          
Total cash call issued to fund debt repayment       $ 10     $ 9                
Northern Border                              
Investments in unconsolidated affiliates                              
Ownership interest (as a percent) 50.00%     50.00%               50.00%      
Equity Earnings from Unconsolidated Affiliates                       $ 66 69 64  
Investment in Unconsolidated Affiliates $ 480     $ 480       505       480 505    
Amortization period of transaction fee     12 years                        
Transaction fee     $ 10                        
Additional ownership interest acquired (as a percent)     20.00%                        
Undistributed earnings                       0 0 0  
Equity contribution [1]                           31  
Amount of difference between the carrying value and the underlying equity in net assets resulting from the recognition and inclusion of goodwill 117     117       117       117 117    
Assets                              
Cash and cash equivalents 27     27       41       27 41    
Other current assets 33     33       34       33 34    
Plant, property and equipment, net 1,124     1,124       1,163       1,124 1,163    
Other assets 18     18       34       18 34    
Assets, total 1,202     1,202       1,272       1,202 1,272    
LIABILITIES AND PARTNERS' EQUITY                              
Current liabilities 39     39       64       39 64    
Deferred credits and other 26     26       22       26 22    
Long-term debt, including current maturities 411     411       411       411 411    
Partners' equity                              
Partners' equity 728     728       777       728 777    
Accumulated other comprehensive loss (2)     (2)       (2)       (2) (2)    
Liabilities and Partners' Equity, total 1,202     $ 1,202       1,272       1,202 1,272    
Revenues (expenses)                              
Transmission revenues                       286 293 286  
Operating expenses                       (70) (72) (75)  
Depreciation                       (60) (59) (58)  
Financial charges and other                       (22) (22) (23)  
Net income                       $ 134 140 130  
Northern Border | Nonrecurring fair value measurement                              
Investments in unconsolidated affiliates                              
Impairment charge recognized on equity method investment $ 0                            
Northern Border | ONEOK Partners, L.P.                              
Investments in unconsolidated affiliates                              
Ownership interest (as a percent) 50.00%     50.00%               50.00%      
Great Lakes                              
Investments in unconsolidated affiliates                              
Ownership interest (as a percent) 46.45%     46.45%     46.45%         46.45%     46.45%
Equity Earnings from Unconsolidated Affiliates                       $ 31 19 3  
Investment in Unconsolidated Affiliates $ 485     $ 485       672       485 672    
Undistributed earnings                       0 0 0  
Equity contribution       5     $ 4         9 9 9 [1]  
Amount of difference between the carrying value and the underlying equity in net assets resulting from the recognition and inclusion of goodwill 260     260       458       260 458    
Assets                              
Current assets 86     86       66       86 66    
Plant, property and equipment, net 727     727       748       727 748    
Assets, total 813     813       814       813 814    
LIABILITIES AND PARTNERS' EQUITY                              
Current liabilities 31     31       38       31 38    
Long-term debt, including current maturities 297     297       316       297 316    
Partners' equity                              
Partners' equity 485     485       460       485 460    
Liabilities and Partners' Equity, total $ 813     813       $ 814       813 814    
Revenues (expenses)                              
Transmission revenues                       177 146 124  
Operating expenses                       (59) (53) (60)  
Depreciation                       (28) (28) (31)  
Financial charges and other                       (23) (25) (27)  
Net income                       $ 67 $ 40 $ 6  
Great Lakes | Nonrecurring fair value measurement                              
Investments in unconsolidated affiliates                              
Impairment charge recognized on equity method investment       $ 199                      
Great Lakes | TransCanada                              
Investments in unconsolidated affiliates                              
Ownership interest (as a percent) 53.55%     53.55%               53.55%      
Great Lakes | Level 3 | Nonrecurring fair value measurement                              
Investments in unconsolidated affiliates                              
Fair value of investment $ 465     $ 465               $ 465      
TC PipeLines Intermediate Limited Partnership                              
Investments in unconsolidated affiliates                              
Partnership interest held (as a percent)                       98.9899%      
TC GL Intermediate Limited Partnership                              
Investments in unconsolidated affiliates                              
Partnership interest held (as a percent)                       98.9899%      
[1] Recast as discussed in Note 2 and Note 6.