XML 59 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENT OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CONSOLIDATED STATEMENT OF INCOME      
Equity earnings from unconsolidated affiliates (Note 4) $ 129 [1] $ 154 [1] $ 126
Transmission revenues 65 70 69
Operating expenses (17) (15) (13)
General and administrative (6) (9) (4)
Depreciation (11) (15) (15)
Financial charges and other (Note 9) (23) (28) (26)
Net income 137 [1] 157 [1] 137 [1]
Net income allocation (Note 10)      
Common units 134 154 134
General Partner 3 3 3
Net income allocated to partners $ 137 $ 157 $ 137
Net income per common unit (Note 10) - basic (in dollars per unit) $ 2.51 $ 3.02 $ 2.91
Net income per common unit (Note 10) - diluted (in dollars per unit) $ 2.51 $ 3.02 $ 2.91
Weighted average common units outstanding (millions) - basic (in units) 53.5 51.1 46.2
Weighted average common units outstanding (millions) - diluted (in units) 53.5 51.1 46.2
Common units outstanding, end of year (millions) (in units) 53.5 53.5 46.2
[1] 25 percent interests in each of GTN and Bison were acquired in May 2011.