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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Transmission revenues $ 113 $ 115
Equity earnings (Note 5) 54 59
Operation and maintenance expenses (16) (16)
Property taxes (7) (7)
General and administrative (2) (1)
Depreciation and amortization (20) (24)
Financial charges and other (Note 15) (22) (23)
Net income before taxes 100 103
Income taxes   (1)
Net Income 100 102
Net income attributable to non-controlling interests 7 6
Net income attributable to controlling interests 93 96
Net income attributable to controlling interest allocation (Note 9)    
General Partner 2 2
Net income attributable to controlling interests 93 96
Common units    
Net income attributable to controlling interest allocation (Note 9)    
Net income attributable to common units $ 91 $ 94
Net income per common unit (Note 9) - basic and diluted $ 1.28 $ 1.32
Weighted average common units outstanding - basic and diluted 71.3 71.2
Common units outstanding, end of period 71.3 71.3