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CONSOLIDATED STATEMENT OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Equity earnings from unconsolidated affiliates (Note 3) $ 31 $ 37 $ 69 $ 76
Transmission revenues 16 18 32 35
Operating expenses (4) (3) (8) (6)
General and administrative (2) (5) (4) (7)
Depreciation (3) (4) (6) (8)
Financial charges and other (5) (7) (11) (12)
Net income 33 [1] 36 [1] 72 [1] 78 [1]
Net income allocation (Note 6)        
Common units 32 35 70 76
General Partner 1 1 2 2
Net income allocated to partners (Note 6) $ 33 $ 36 $ 72 $ 78
Net income per common unit (Note 6) (in dollars per unit) $ 0.60 $ 0.69 $ 1.31 $ 1.58
Weighted average common units outstanding (millions) (in units) 53.5 50.9 53.5 48.6
Common units outstanding, end of period (millions) (in units) 53.5 53.5 53.5 53.5
[1] 25 percent interests in each of GTN and Bison were acquired in May 2011.