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PARTNERS' CAPITAL (Tables)
12 Months Ended
Dec. 31, 2016
Partners' Capital Notes [Abstract]  
Schedule of Equity Interests
At December 31, 2016 and 2015, our outstanding ownership interests were as follows: 
 
 
 
2016
 
2015
 
 
 
 
 
 
 
 
 
Series 1 preferred units
 
 
9.7
%
 
9.9
%
Class D units owned by our General Partner
 
 
13.3
%
 
13.6
%
Class E units owned by our General Partner
 
 
3.7
%
 
3.7
%
Class A common units owned by the public
 
 
43.7
%
 
44.5
%
Class A common units owned by our General Partner
 
 
9.4
%
 
9.6
%
Class B common units owned by our General Partner
 
 
1.6
%
 
1.6
%
i-units owned by Enbridge Management(1)
 
 
16.6
%
 
15.1
%
Incentive distribution units owned by our General Partner
 
 
%
 
%
General Partner interest
 
 
2.0
%
 
2.0
%
 
 
 
100.0
%
 
100.0
%
 
 
  (1)
For the years ended December 31, 2016 and 2015, our General Partner owned 11.7% of Enbridge Management, which owns all of our i-units.
Schedule of Net Proceeds from Class A Common Units through Equity Offerings
The following table presents the net proceeds from our Class A common unit issuances for the year ended December 31, 2015. There were no issuances of Class A common units for the years ended December 31, 2016 and 2014.
 
2015 Issuance Date
 
Number of
Class A
common unit
Issued
 
Offering
Price
per Class A
common units
 
Net Proceeds
to the
Partnership(1)
 
General
Partner
Contribution(2)
 
Net Proceeds
Including
General
Partner
Contribution
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(in millions, except units and per unit amounts)
 
March
 
 
8,000,000
 
$
36.70
 
$
288.8
 
$
6.0
 
$
294.8
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
Net of underwriters’ fees and discounts, commissions and issuance expenses.
(2)
Contributions made by the General Partner to maintain its 2% general partner interest.
Schedule of Distributions
The following table sets forth our distributions, as approved by the board of directors of Enbridge Management, during the years ended December 31, 2016, 2015 and 2014.
 
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)
 
2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
October 28
 
November 7
 
November 14
 
$
0.5830
 
$
263.7
 
$
46.6
 
$
1.0
 
$
216.1
 
July 28
 
August 5
 
August 12
 
$
0.5830
 
 
262.5
 
 
45.5
 
 
0.9
 
 
216.1
 
April 29
 
May 6
 
May 13
 
$
0.5830
 
 
261.2
 
 
44.3
 
 
0.9
 
 
216.0
 
January 29
 
February 5
 
February 12
 
$
0.5830
 
 
259.6
 
 
42.7
 
 
0.9
 
 
216.0
 
 
 
 
 
 
 
 
 
 
$
1,047.0
 
$
179.1
 
$
3.7
 
$
864.2
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
October 30
 
November 6
 
November 13
 
$
0.5830
 
$
258.7
 
$
41.8
 
$
0.9
 
$
216.0
 
July 30
 
August 7
 
August 14
 
$
0.5830
 
 
257.9
 
 
41.0
 
 
0.8
 
 
216.1
 
April 30
 
May 8
 
May 15
 
$
0.5700
 
 
249.9
 
 
39.5
 
 
0.8
 
 
209.6
 
January 29
 
February 6
 
February 13
 
$
0.5700
 
 
233.9
 
 
38.9
 
 
0.8
 
 
194.2
 
 
 
 
 
 
 
 
 
 
$
1,000.4
 
$
161.2
 
$
3.3
 
$
835.9
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
October 31
 
November 7
 
November 14
 
$
0.5550
 
$
221.8
 
$
37.3
 
$
0.8
 
$
183.7
 
July 31
 
August 7
 
August 14
 
$
0.5550
 
 
224.7
 
 
36.7
 
 
0.8
 
 
187.2
 
April 30
 
May 8
 
May 15
 
$
0.5435
 
 
214.5
 
 
35.3
 
 
0.7
 
 
178.5
 
January 30
 
February 7
 
February 14
 
$
0.5435
 
 
213.7
 
 
34.6
 
 
0.7
 
 
178.4
 
 
 
 
 
 
 
 
 
 
$
874.7
 
$
143.9
 
$
3.0
 
$
727.8
 
 
(1)
We issued 8,571,429, 4,980,552 and 4,562,088 i-units to Enbridge Management, L.L.C., the sole owner of our i-units, during 2016, 2015 and 2014, respectively, 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.