XML 59 R45.htm IDEA: XBRL DOCUMENT v3.7.0.1
SEGMENT INFORMATION (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
OPERATING REVENUES:      
Operating revenues $ 298 $ 280  
INCOME (LOSS) BEFORE INCOME TAXES:      
Income before income taxes 127 104  
NET INCOME:      
NET INCOME 80 65  
TOTAL ASSETS:      
Assets 8,420   $ 8,223
Regulated operations      
OPERATING REVENUES:      
Operating revenues 305 280  
INCOME (LOSS) BEFORE INCOME TAXES:      
Income before income taxes 162 153  
NET INCOME:      
NET INCOME 99 94  
TOTAL ASSETS:      
Assets 8,355   8,162
ITC Holdings and other      
INCOME (LOSS) BEFORE INCOME TAXES:      
Income before income taxes (35) (49)  
NET INCOME:      
NET INCOME 80 65  
TOTAL ASSETS:      
Assets 4,589   4,503
Intercompany eliminations      
OPERATING REVENUES:      
Operating revenues (7) 0  
NET INCOME:      
NET INCOME (99) $ (94)  
TOTAL ASSETS:      
Assets [1] $ (4,524)   $ (4,442)
[1] Reconciliation of total assets results primarily from differences in the netting of deferred tax assets and liabilities at our subsidiaries in the Regulated Operating Subsidiaries segment as compared to the classification in our condensed consolidated statements of financial position.