GTN ACQUISITION (Tables)

6 Months Ended

Jun. 30, 2015

GTN

GTN ACQUISITION

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.