SEPARATION & RELATED-PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2014

Net transfers from ONEOK included:



(Thousands of dollars)
Property, plant and equipment, net	$	21,459
Regulatory assets, pension and other postretirement benefits	331,148
Other assets	80,700
Long-term line of credit with ONEOK	1,027,631
Short-term note payable to ONEOK	397,857
Pension and other postretirement benefits - liabilities	(123,800		)
Other liabilities	(34,404		)
Deferred taxes	(86,112		)
Accumulated other comprehensive loss	(3,393		)
Net contribution of assets (liabilities)	$	1,611,086
Less: Cash paid to ONEOK	1,130,000
Net transfers from ONEOK	$	481,086

The following table shows ONEOK’s and its subsidiaries’ transactions with us included in the statements of income for the periods indicated:



	Years Ended December 31,
	2013			2012
	(Thousands of dollars)
Cost of natural gas	$	226,582		$	135,650
Operations and maintenance
Direct employee labor and benefit costs	177,526			165,798
Allocated employee labor and benefit costs	29,955			24,994
Charges for general and administrative services	36,078			24,059
Depreciation and amortization	6,940			6,033
Other (income)/expense, net	(5,073		)	(2,668		)
Interest expense	60,930			60,305
Total	$	532,938		$	414,171