XML 59 R49.htm IDEA: XBRL DOCUMENT v3.20.2
COMMITMENTS AND CONTINGENT LIABILITIES (Details)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended 51 Months Ended
Jun. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Jun. 30, 2019
USD ($)
Mar. 31, 2019
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2022
USD ($)
May 21, 2020
Dec. 31, 2019
USD ($)
Sep. 30, 2016
Sep. 28, 2016
Feb. 12, 2015
Nov. 12, 2013
Commitments and Contingent Liabilities [Line Items]                            
Current regulatory liability $ 47       $ 47         $ 123        
Revenue (increase) decrease (342)   $ (320)   (664) $ (627)                
Interest expense (decrease) increase 57   64   116 123                
Estimated net income increase (reduction) (121) $ (92) (87) $ (84) (213) (171)                
Estimated Potential Refund Related to Return on Equity Complaints                            
Commitments and Contingent Liabilities [Line Items]                            
Current regulatory liability $ 16       $ 16   $ 151     $ 70        
Rate of Return on Equity and Capital Structure Initial Complaint [Member]                            
Commitments and Contingent Liabilities [Line Items]                            
Required customer refund paid             $ 7              
Rate of Return on Equity and Capital Structure Initial Complaint [Member] | FERC Order [Member] | Minimum [Member]                            
Commitments and Contingent Liabilities [Line Items]                            
Revised Rate Of Return On Equity 10.02%       10.02%       10.02% 9.88%   10.32%    
Rate of Return on Equity and Capital Structure Initial Complaint [Member] | FERC Order [Member] | Maximum [Member]                            
Commitments and Contingent Liabilities [Line Items]                            
Revised Rate Of Return On Equity                 12.62% 12.24%   11.35%    
Rate of Return on Equity and Capital Structure Second Complaint | Presiding Administrative Law Judge Initial Decision | Minimum [Member]                            
Commitments and Contingent Liabilities [Line Items]                            
Recommended rate of return on equity                     9.70%      
Rate of Return on Equity and Capital Structure Second Complaint | Presiding Administrative Law Judge Initial Decision | Maximum [Member]                            
Commitments and Contingent Liabilities [Line Items]                            
Recommended rate of return on equity                     10.68%      
Rate of Return on Equity and Capital Structure Complaints | Impact from Recognition of Liability                            
Commitments and Contingent Liabilities [Line Items]                            
Revenue (increase) decrease $ (32)   0   $ (32) 0                
Interest expense (decrease) increase     2     4                
Estimated net income increase (reduction) 26   $ (2)   25 $ (3)                
Interest Income, Other (3)       (3)                  
ITCTransmission [Member]                            
Commitments and Contingent Liabilities [Line Items]                            
Rate Of Return On Equity                       12.38%    
ITCTransmission [Member] | Rate of Return on Equity and Capital Structure Initial Complaint [Member]                            
Commitments and Contingent Liabilities [Line Items]                            
Reduced rate of return on equity                           9.15%
ITCTransmission [Member] | Rate of Return on Equity and Capital Structure Second Complaint                            
Commitments and Contingent Liabilities [Line Items]                            
Reduced rate of return on equity                         8.67%  
METC LLC [Member]                            
Commitments and Contingent Liabilities [Line Items]                            
Rate Of Return On Equity                       12.38%    
METC LLC [Member] | Rate of Return on Equity and Capital Structure Initial Complaint [Member]                            
Commitments and Contingent Liabilities [Line Items]                            
Reduced rate of return on equity                           9.15%
METC LLC [Member] | Rate of Return on Equity and Capital Structure Second Complaint                            
Commitments and Contingent Liabilities [Line Items]                            
Reduced rate of return on equity                         8.67%  
ITC Midwest LLC [Member]                            
Commitments and Contingent Liabilities [Line Items]                            
Rate Of Return On Equity                       12.38%    
ITC Midwest LLC [Member] | Rate of Return on Equity and Capital Structure Initial Complaint [Member]                            
Commitments and Contingent Liabilities [Line Items]                            
Reduced rate of return on equity                           9.15%
ITC Midwest LLC [Member] | Rate of Return on Equity and Capital Structure Second Complaint                            
Commitments and Contingent Liabilities [Line Items]                            
Reduced rate of return on equity                         8.67%  
MISO Operating Subsidiaries                            
Commitments and Contingent Liabilities [Line Items]                            
Customer Refund Liability, Current         20                  
Equity in capital structure for ratemaking purposes $ 5,000       $ 5,000                  
Incentive Adder for Independent Transmission Ownership 10       10                  
Effect on net income from 10 basis point reduction in the authorized base return on equity $ 5       $ 5                  
Basis Point Incentive Adder for RTO Participation 50       50                  
Forecast [Member]                            
Commitments and Contingent Liabilities [Line Items]                            
Future Development Payments, Reasonably Possible Estimate               $ 120