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PARTNERS' CAPITAL (Tables)
3 Months Ended
Mar. 31, 2016
Partners' Capital Notes [Abstract]  
Schedule of Distributions

The following table sets forth our distributions, as approved by the board of directors of Enbridge Energy Management, or Enbridge Management, during the three months ended March 31, 2016.
 
 
Distribution
Declaration Date
 
Record Date
 
Distribution
Payment Date
 
Distribution
per Unit
 
Cash
available
for
distribution
 
Amount of
Distribution
of i-units
to i-unit
Holders(1)
 
Retained
from
General
Partner(2)
 
Distribution
of Cash
  
 
  
 
  
 
  
 
(in millions, except per unit amounts)
 
  
January 29, 2016
 
February 5, 2016
 
February 12, 2016
 
$0.5830
 
$259.6
 
$42.7
 
$0.9
 
$216.0
 
(1)
We issued 2,625,681 i-units to Enbridge Management, the sole owner of our i-units, during 2016 in lieu of cash distributions.
(2)
We retained an amount equal to 2% of the i-unit distribution from our General Partner to maintain its 2% general partner interest in us.
Schedule of Changes in Partners' Capital

The following table presents significant changes in partners’ capital accounts attributable to our General Partner and limited partners as well as the noncontrolling interests in our consolidated subsidiaries, for the three months ended March 31, 2016 and 2015.
 
 
 
 
For the three months
ended March 31,
  
 
2016
 
2015
  
 
(in millions)
Series 1 Preferred interests
 
 
  
 
 
 
  
 
Beginning balance
 
$
1,186.8
 
 
$
1,175.6
 
Net income
 
 
22.5
 
 
 
22.5
 
Accretion of discount on preferred units
 
 
1.1
 
 
 
3.9
 
Distribution payable
 
 
(22.5
 
 
(22.5
Ending balance
 
$
1,187.9
 
 
$
1,179.5
 
General and limited partner interests
 
 
  
 
 
 
  
 
Beginning balance
 
$
4,150.8
 
 
$
4,156.2
 
Proceeds from issuance of partnership interests, net of costs
 
 
 
 
 
294.8
 
Net income
 
 
80.0
 
 
 
140.1
 
Distributions
 
 
(216.0
 
 
(194.2
Acquisition of noncontrolling interest in subsidiary
 
 
 
 
 
403.7
 
Ending balance
 
$
4,014.8
 
 
$
4,800.6
 
Accumulated other comprehensive loss
 
 
  
 
 
 
  
 
Beginning balance
 
$
(370.0
 
$
(211.4
Changes in fair value of derivative financial instruments reclassified to earnings
 
 
10.0
 
 
 
(1.0
Changes in fair value of derivative financial instruments recognized in other comprehensive loss
 
 
(87.6
 
 
(145.1
Ending balance
 
$
(447.6
 
$
(357.5
Noncontrolling interest
 
 
  
 
 
 
  
 
Beginning balance
 
$
3,944.5
 
 
$
3,609.0
 
Capital contributions
 
 
54.4
 
 
 
199.5
 
Acquisition of noncontrolling interest in subsidiary
 
 
 
 
 
(403.7
Other comprehensive income (loss) allocated to noncontrolling interest
 
 
 
 
 
(0.7
Net income
 
 
68.8
 
 
 
51.3
 
Distributions to noncontrolling interest
 
 
(7.6
 
 
(107.0
Ending balance
 
$
4,060.1
 
 
$
3,348.4
 
Total partners’ capital at end of period
 
$
8,815.2
 
 
$
8,971.0
 
Schedule of Components of Noncontrolling Interests
The following table presents the components of net income (loss) attributable to noncontrolling interests as presented on our consolidated statements of income:
 
 
 
 
For the three months
ended March 31,
  
 
2016
 
2015
  
 
(in millions)
Alberta Clipper Interests
 
$
 
 
$
(0.8
Eastern Access Interests
 
 
51.5
 
 
 
44.8
 
U.S. Mainline Expansion Interests
 
 
26.6
 
 
 
16.5
 
Midcoast Energy Partners, L.P.
 
 
(9.3
 
 
(9.2
Total
 
$
68.8
 
 
$
51.3