CONSOLIDATED STATEMENT OF CASH FLOWS (USD $) In Millions	9 Months Ended
	Sep. 30, 2011		Sep. 30, 2010		Sep. 30, 2011 GTN		Sep. 30, 2011 Bison		Sep. 30, 2011 Great Lakes	Sep. 30, 2010 Great Lakes	Sep. 30, 2011 Northern Border	Sep. 30, 2010 Northern Border
CASH GENERATED FROM OPERATIONS
Net income	$ 119.1	[1]	$ 100.0	[1]
Depreciation	11.4		11.2
Amortization of other assets	1.8		0.4
Equity earnings in excess of cumulative distributions:					(7.1)	[2]	(3.7)	[2]
(Decrease)/increase in long-term liabilities	(0.6)		0.2
Equity allowance for funds used during construction			(0.2)
Decrease in operating working capital (Note 9)	3.5		4.5
Total cash generated from operations	124.4		116.1
INVESTING ACTIVITIES
Cumulative distributions in excess of equity earnings:									7.2	7.1	16.7	9.9
Investment in Northern Border and Great Lakes (Note 3)									(4.3)	(4.6)	(49.8)
Acquisition of GTN and Bison (Note 4)	(538.1)
Capital expenditures	(3.2)		(9.7)
Decrease in investing working capital (Note 9)			(0.1)
Other assets	(7.0)
Total investing activities	(578.5)		2.8
FINANCING ACTIVITIES
Distributions paid (Note 8)	(112.8)		(103.3)
Equity issuance, net (Notes 4 and 6)	337.6
Long-term debt issued (Note 5)	594.4		12.0
Long-term debt repaid (Note 5)	(361.4)		(23.2)
Total financing activities	457.8		(114.5)
Increase in cash and cash equivalents	3.7		4.4
Cash and cash equivalents, beginning of period	3.6		3.1
Cash and cash equivalents, end of period	7.3		7.5
Interest payments made	$ 3.5		$ 5.6

[1] Includes equity earnings from GTN and Bison from May 3, 2011, date of acquisition, to September 30, 2011.

[2] Represents equity earnings from May 3, 2011, date of acquisition, to September 30, 2011.