NET INCOME PER LIMITED PARTNER UNIT (Tables)

6 Months Ended

Jun. 30, 2015

NET INCOME PER LIMITED PARTNER UNIT [Abstract]

Schedule of Formula for Distributing Available Cash

Distribution Targets	Portion of Quarterly Distribution Per Unit	Percentage Distributed to General Partner and IDUs⁽¹⁾			Percentage Distributed to Limited partners
Minimum Quarterly Distribution	Up to $0.5435		2	%		98	%
First Target Distribution	> $0.5435		25	%		75	%

⁽¹⁾

For distributions in excess of the Minimum Quarterly Distribution, this percentage includes both the General Partner's distributions of 2% and the distribution to the Incentive Distribution Unit holder, a wholly-owned subsidiary of our General Partner.

Prior to this transaction, and for the three and six months ended June 30, 2014, we allocated distributions to the General Partner and limited partners as follows:

Distribution Targets	Portion of Quarterly Distribution Per Unit	Percentage Distributed to General Partner			Percentage Distributed to Limited partners
Minimum Quarterly Distribution	Up to $0.295		2	%		98	%
First Target Distribution	> $0.295 to $0.35		15	%		85	%
Second Target Distribution	> $0.35 to $0.495		25	%		75	%
Over Second Target Distribution	In excess of $0.495		50	%		50	%

Basic and Diluted Net Income Per Limited Partner Unit

	For the three months						For the six months
	ended June 30,						ended June 30,
	2015			2014			2015			2014
	(in millions, except per unit amounts)
Net income (loss)	$	(60.5	)	$	112.5		$	157.3		$	268.2
Less Net income (loss) attributable to:
Noncontrolling interest		(10.0	)		(42.4	)		(61.3	)		(78.7	)
Series 1 preferred unit distributions		(22.5	)		(22.5	)		(45.0	)		(45.0	)
Accretion of discount on Series 1 preferred units		(4.1	)		(3.7	)		(8.0	)		(7.3	)
Net income (loss) attributable to general and limited partner interests in Enbridge Energy Partners, L.P.		(97.1	)		43.9			43.0			137.2
Less distributions:
Incentive distributions		(5.1	)		(38.0	)		(8.5	)		(71.2	)
Distributed earnings attributed to our General Partner		(5.2	)		(4.5	)		(10.2	)		(8.1	)
Distributed earnings attributed to Class D and Class E units		(49.1	)		—			(97.1	)		—
Total distributed earnings to our General Partner, Class D and Class E units and IDUs		(59.4	)		(42.5	)		(115.8	)		(79.3	)
Total distributed earnings attributed to our common units and i-units		(198.5	)		(182.2	)		(392.0	)		(359.9	)
Total distributed earnings		(257.9	)		(224.7	)		(507.8	)		(439.2	)
Overdistributed earnings	$	(355.0	)	$	(180.8	)	$	(464.8	)	$	(302.0	)
Weighted average common units and i-units outstanding		339.9			327.6			336.3			327.0
Basic and diluted earnings per unit:
Distributed earnings per common unit and i-unit ⁽¹⁾	$	0.58		$	0.56		$	1.17		$	1.10
Overdistributed earnings per common unit and i-unit ⁽²⁾		(1.02	)		(0.54	)		(1.35	)		(0.91	)
Net income (loss) per common unit and i-unit (basic and diluted) ⁽³⁾	$	(0.44	)	$	0.02		$	(0.18	)	$	0.19

⁽¹⁾	Represents the total distributed earnings to common units and i-units divided by the weighted average number of common units and i-units outstanding for the period.
⁽²⁾	Represents the common units' and i-units' share (98%) of distributions in excess of earnings divided by the weighted average number of common units and i-units outstanding for the period and overdistributed earnings allocated to the common units and i-units based on the distribution waterfall that is outlined in our partnership agreement.
⁽³⁾	For the three and six months ended June 30, 2015, 43,201,310 anti-dilutive Preferred units, 66,100,000 anti-dilutive Class D units and 18,114,975 anti-dilutive Class E units were excluded from the if-converted method of calculating diluted earnings per unit. For the three and six months ended June 30, 2014, 43,201,310 anti-dilutive Preferred units were excluded from the if-converted method of calculating diluted earnings per unit.