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    <link:label id="lab_us-gaap_PublicUtilitiesGeneralDisclosuresLineItems_7D720F983D07EAB8A3028D84EDECF0DE_terseLabel_en-US" xlink:label="lab_us-gaap_PublicUtilitiesGeneralDisclosuresLineItems_7D720F983D07EAB8A3028D84EDECF0DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Regulatory Matters</link:label>
    <link:label id="lab_us-gaap_PublicUtilitiesGeneralDisclosuresLineItems_7D720F983D07EAB8A3028D84EDECF0DE_label_en-US" xlink:label="lab_us-gaap_PublicUtilitiesGeneralDisclosuresLineItems_7D720F983D07EAB8A3028D84EDECF0DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Utilities, General Disclosures [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PublicUtilitiesGeneralDisclosuresLineItems" xlink:label="loc_us-gaap_PublicUtilitiesGeneralDisclosuresLineItems_7D720F983D07EAB8A3028D84EDECF0DE" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RegulatoryAssetsCurrent_12C2B1249CCF2DFE51F38D87591FCF74_verboseLabel_en-US" xlink:label="lab_us-gaap_RegulatoryAssetsCurrent_12C2B1249CCF2DFE51F38D87591FCF74" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Current regulatory assets</link:label>
    <link:label id="lab_us-gaap_RegulatoryAssetsCurrent_12C2B1249CCF2DFE51F38D87591FCF74_label_en-US" xlink:label="lab_us-gaap_RegulatoryAssetsCurrent_12C2B1249CCF2DFE51F38D87591FCF74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Assets, Current</link:label>
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    <link:label id="lab_itc_TransmissionRateApplicablePeriod_F4BB3F94D78049003C418D84EDEC1813_terseLabel_en-US" xlink:label="lab_itc_TransmissionRateApplicablePeriod_F4BB3F94D78049003C418D84EDEC1813" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transmission rate, applicable period</link:label>
    <link:label id="lab_itc_TransmissionRateApplicablePeriod_F4BB3F94D78049003C418D84EDEC1813_label_en-US" xlink:label="lab_itc_TransmissionRateApplicablePeriod_F4BB3F94D78049003C418D84EDEC1813" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transmission Rate, Applicable Period</link:label>
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    <link:label id="lab_itc_RevenueTrueUpAmountReflectedInCustomerBillPeriodOfRecognition_CF2DAAED75CE80E602628D84EDECBAB3_terseLabel_en-US" xlink:label="lab_itc_RevenueTrueUpAmountReflectedInCustomerBillPeriodOfRecognition_CF2DAAED75CE80E602628D84EDECBAB3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue true-up amount reflected in customer bill, period of recognition</link:label>
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    <link:label id="lab_itc_RevenueTrueUpAmountReflectedInCustomerBillPeriodOfRecognition_CF2DAAED75CE80E602628D84EDECBAB3_documentation_en-US" xlink:label="lab_itc_RevenueTrueUpAmountReflectedInCustomerBillPeriodOfRecognition_CF2DAAED75CE80E602628D84EDECBAB3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The time period from the time the true-up amount is calculated from revenue accruals and deferrals based on revenue requirements to the time the true-up amount is reflected in customer bills.</link:label>
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    <link:label id="lab_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_136C863917D3A679A7A24AE2C8F6A38B_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_448B3FC50C0354058254A275A45B88C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplementary Cash Flows Information</link:label>
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    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_EB7872DB6DF95C35BAEEC5437EE4A122_label_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_EB7872DB6DF95C35BAEEC5437EE4A122" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplemental Cash Flow Information [Abstract]</link:label>
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    <link:label id="lab_itc_InterestpaidassociatedwiththeROEcomplaints_08CFBEE3C5CC63495753C54CD35E5CF7_terseLabel_en-US" xlink:label="lab_itc_InterestpaidassociatedwiththeROEcomplaints_08CFBEE3C5CC63495753C54CD35E5CF7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest paid associated with the ROE complaints</link:label>
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    <link:label id="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_BB77585049B06BF86B9DC5437EE4C4DF_terseLabel_en-US" xlink:label="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_BB77585049B06BF86B9DC5437EE4C4DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplementary non-cash investing and financing activities:</link:label>
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    <link:label id="lab_us-gaap_CapitalExpendituresIncurredButNotYetPaid_A1FAE958F1E1F66D6900C5437EE4EC12_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalExpendituresIncurredButNotYetPaid_A1FAE958F1E1F66D6900C5437EE4EC12" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions to property, plant and equipment and other long-lived assets</link:label>
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    <link:label id="lab_us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity_A40742F1B5245018A8DEC5437EE4FF34_terseLabel_en-US" xlink:label="lab_us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity_A40742F1B5245018A8DEC5437EE4FF34" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Allowance for equity funds used during construction</link:label>
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    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsNet_181122AE0419420CA1E5C4603B1A19E8_verboseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsNet_181122AE0419420CA1E5C4603B1A19E8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets (net of accumulated amortization of $33 and $32, respectively)</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsNet_181122AE0419420CA1E5C4603B1A19E8_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsNet_181122AE0419420CA1E5C4603B1A19E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsNet_181122AE0419420CA1E5C4603B1A19E8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RegulatoryAssetsNoncurrent_9748B2047B49D694FD6BC4603B1A6A88_terseLabel_en-US" xlink:label="lab_us-gaap_RegulatoryAssetsNoncurrent_9748B2047B49D694FD6BC4603B1A6A88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Regulatory assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RegulatoryAssetsNoncurrent" xlink:label="loc_us-gaap_RegulatoryAssetsNoncurrent_9748B2047B49D694FD6BC4603B1A6A88" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RegulatoryAssetsNoncurrent_9748B2047B49D694FD6BC4603B1A6A88" xlink:to="lab_us-gaap_RegulatoryAssetsNoncurrent_9748B2047B49D694FD6BC4603B1A6A88" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredFinanceCostsNoncurrentNet_589D6D42A245619F6E14C4603B1A4AE2_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredFinanceCostsNoncurrentNet_589D6D42A245619F6E14C4603B1A4AE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred financing fees (net of accumulated amortization of $2 and $2, respectively)</link:label>
    <link:label id="lab_us-gaap_DeferredFinanceCostsNoncurrentNet_589D6D42A245619F6E14C4603B1A4AE2_label_en-US" xlink:label="lab_us-gaap_DeferredFinanceCostsNoncurrentNet_589D6D42A245619F6E14C4603B1A4AE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Issuance Costs, Noncurrent, Net</link:label>
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    <link:label id="lab_us-gaap_OtherAssetsNoncurrent_761B8127E42B960AB30CC4603B1A0CEA_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_761B8127E42B960AB30CC4603B1A0CEA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_OtherAssetsNoncurrent_761B8127E42B960AB30CC4603B1A0CEA_label_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_761B8127E42B960AB30CC4603B1A0CEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets, Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsNoncurrent" xlink:label="loc_us-gaap_OtherAssetsNoncurrent_761B8127E42B960AB30CC4603B1A0CEA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AssetsNoncurrent_FB6A472F1C18F8FDA63DC4603B1A2B08_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsNoncurrent_FB6A472F1C18F8FDA63DC4603B1A2B08" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total other assets</link:label>
    <link:label id="lab_us-gaap_AssetsNoncurrent_FB6A472F1C18F8FDA63DC4603B1A2B08_label_en-US" xlink:label="lab_us-gaap_AssetsNoncurrent_FB6A472F1C18F8FDA63DC4603B1A2B08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets, Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsNoncurrent" xlink:label="loc_us-gaap_AssetsNoncurrent_FB6A472F1C18F8FDA63DC4603B1A2B08" xlink:type="locator" />
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    <link:label id="lab_us-gaap_Assets_4A298F926A8DDA075378C4603B1A4162_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_4A298F926A8DDA075378C4603B1A4162" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">TOTAL ASSETS</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_4A298F926A8DDA075378C4603B1A4162" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_4A298F926A8DDA075378C4603B1A4162" xlink:to="lab_us-gaap_Assets_4A298F926A8DDA075378C4603B1A4162" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_68B39EB76DFE6F60066EC4603B1ABD7C_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_68B39EB76DFE6F60066EC4603B1ABD7C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIABILITIES AND STOCKHOLDER&#8217;S EQUITY</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_68B39EB76DFE6F60066EC4603B1ABD7C_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_68B39EB76DFE6F60066EC4603B1ABD7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_68B39EB76DFE6F60066EC4603B1ABD7C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LiabilitiesCurrentAbstract_16C8630529656B2E6EBFC4603B1ACEC8_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrentAbstract_16C8630529656B2E6EBFC4603B1ACEC8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current liabilities</link:label>
    <link:label id="lab_us-gaap_LiabilitiesCurrentAbstract_16C8630529656B2E6EBFC4603B1ACEC8_label_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrentAbstract_16C8630529656B2E6EBFC4603B1ACEC8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities, Current [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesCurrentAbstract" xlink:label="loc_us-gaap_LiabilitiesCurrentAbstract_16C8630529656B2E6EBFC4603B1ACEC8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AccountsPayableCurrent_209BC3252471CF13F96FC4603B1A388A_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableCurrent_209BC3252471CF13F96FC4603B1A388A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable</link:label>
    <link:label id="lab_us-gaap_AccountsPayableCurrent_209BC3252471CF13F96FC4603B1A388A_label_en-US" xlink:label="lab_us-gaap_AccountsPayableCurrent_209BC3252471CF13F96FC4603B1A388A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsPayableCurrent" xlink:label="loc_us-gaap_AccountsPayableCurrent_209BC3252471CF13F96FC4603B1A388A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableCurrent_209BC3252471CF13F96FC4603B1A388A" xlink:to="lab_us-gaap_AccountsPayableCurrent_209BC3252471CF13F96FC4603B1A388A" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_5C2DF08B6E2753050584C4603B1ABBC7_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_5C2DF08B6E2753050584C4603B1ABBC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued compensation</link:label>
    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_5C2DF08B6E2753050584C4603B1ABBC7_label_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_5C2DF08B6E2753050584C4603B1ABBC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee-related Liabilities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeRelatedLiabilitiesCurrent" xlink:label="loc_us-gaap_EmployeeRelatedLiabilitiesCurrent_5C2DF08B6E2753050584C4603B1ABBC7" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InterestPayableCurrent_CAAC04FB895C4CCFB411C4603B1A5E9C_terseLabel_en-US" xlink:label="lab_us-gaap_InterestPayableCurrent_CAAC04FB895C4CCFB411C4603B1A5E9C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued interest</link:label>
    <link:label id="lab_us-gaap_InterestPayableCurrent_CAAC04FB895C4CCFB411C4603B1A5E9C_label_en-US" xlink:label="lab_us-gaap_InterestPayableCurrent_CAAC04FB895C4CCFB411C4603B1A5E9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Payable, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPayableCurrent" xlink:label="loc_us-gaap_InterestPayableCurrent_CAAC04FB895C4CCFB411C4603B1A5E9C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_TaxesPayableCurrent_3B6B41FB5811F565C768C4603B1A8F84_terseLabel_en-US" xlink:label="lab_us-gaap_TaxesPayableCurrent_3B6B41FB5811F565C768C4603B1A8F84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued taxes</link:label>
    <link:label id="lab_us-gaap_TaxesPayableCurrent_3B6B41FB5811F565C768C4603B1A8F84_label_en-US" xlink:label="lab_us-gaap_TaxesPayableCurrent_3B6B41FB5811F565C768C4603B1A8F84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Taxes Payable, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TaxesPayableCurrent" xlink:label="loc_us-gaap_TaxesPayableCurrent_3B6B41FB5811F565C768C4603B1A8F84" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RegulatoryLiabilityCurrent_706E50498EC85D3BD53EC4603B1A994C_terseLabel_en-US" xlink:label="lab_us-gaap_RegulatoryLiabilityCurrent_706E50498EC85D3BD53EC4603B1A994C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Regulatory liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RegulatoryLiabilityCurrent" xlink:label="loc_us-gaap_RegulatoryLiabilityCurrent_706E50498EC85D3BD53EC4603B1A994C" xlink:type="locator" />
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    <link:label id="lab_itc_RefundableDepositsFromGeneratorsForTransmissionNetworkUpgradesCurrent_1B0E3F66966EA58D021BC4603B1AB855_terseLabel_en-US" xlink:label="lab_itc_RefundableDepositsFromGeneratorsForTransmissionNetworkUpgradesCurrent_1B0E3F66966EA58D021BC4603B1AB855" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Refundable deposits from generators for transmission network upgrades</link:label>
    <link:label id="lab_itc_RefundableDepositsFromGeneratorsForTransmissionNetworkUpgradesCurrent_1B0E3F66966EA58D021BC4603B1AB855_label_en-US" xlink:label="lab_itc_RefundableDepositsFromGeneratorsForTransmissionNetworkUpgradesCurrent_1B0E3F66966EA58D021BC4603B1AB855" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Refundable Deposits From Generators For Transmission Network Upgrades, Current</link:label>
    <link:label id="lab_itc_RefundableDepositsFromGeneratorsForTransmissionNetworkUpgradesCurrent_1B0E3F66966EA58D021BC4603B1AB855_documentation_en-US" xlink:label="lab_itc_RefundableDepositsFromGeneratorsForTransmissionNetworkUpgradesCurrent_1B0E3F66966EA58D021BC4603B1AB855" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">For utilities only, represents the current portion (expected to be paid within 1 year) of the carrying amount of the liability as of the balance sheet date for payments received by a utility from its customers in advance of performing its obligations under terms of its construction agreements.</link:label>
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    <link:label id="lab_us-gaap_LongTermDebtCurrent_E1091E88D74D6628D158C4603B1A5ACE_label_en-US" xlink:label="lab_us-gaap_LongTermDebtCurrent_E1091E88D74D6628D158C4603B1A5ACE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Current Maturities</link:label>
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