XML 88 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash Generated From Operations      
Net income $ 191 [1] $ 229 [1] $ 250 [1]
Depreciation 86 [1] 85 [1] 87 [1]
Amortization of debt issue costs (Note 11) 1 [1] 1 [1] 2 [1]
Equity allowance for funds used during construction     (2) [1]
Deferred income taxes (Note 2(k))     6 [1]
Change in other long-term liabilities 2 [1]   (3) [1]
Change in operating working capital (Note 14) (8) [1]    
Total cash generated from operations 272 [1] 315 [1] 340 [1]
Investing Activities      
Adjustment to the 2011 Acquisition (Note 6) 1 [1]    
Capital expenditures (15) [1] (36) [1] (163) [1]
Change in affiliate demand loan receivable 21 [1] 20 [1] 4 [1]
Total investing activities (920) [1] 16 [1] (725) [1]
Financing Activities      
Distributions paid on common units (Note 13) (188) [1] (169) [1] (155) [1]
Distributions paid to non-controlling interests (52) [1] (53) [1] (53) [1]
Change in affiliate demand loan payable (15) [1]    
Equity issuance, net (Note 9) 381 [1]   338 [1]
Long term debt issued (Note 7) 937 [1] 8 [1] 1,038 [1]
Long-term debt repaid (Note 7) (372) [1] (62) [1] (971) [1]
Debt issue costs (2) [1]   (7) [1]
Equity contribution from Bison's former parent (Note 16) 18 [1]   305 [1]
Distributions paid to former parent of GTN and Bison (37) [1] (81) [1] (85) [1]
Total financing activities 670 [1] (357) [1] 410 [1]
Increase/(decrease) in cash and cash equivalents 22 [1] (26) [1] 25 [1]
Cash and cash equivalents, beginning of year 3 [1] 29 [1] 4 [1]
Cash and cash equivalents, end of year 25 [1] 3 [1] 29 [1]
Interest payments made 42 [1] 42 [1] 31 [1]
Income taxes paid, net of refunds (Note 2(k))     6 [1]
Supplemental information about non-cash investing and financing activities      
Accrual for Carty Lateral consideration payment (Note 16) 25 [1]    
Calpine receivable distributed     9 [1]
Interaffiliate account representing pension plan and other post-retirement benefits distributed     9 [1]
GTN and Bison
     
Investing Activities      
Acquisition of additional interests, net of cash acquired (Note 6) (921) [1]   (539) [1]
Great Lakes
     
Investing Activities      
Cumulative distributions in excess of equity earnings: 14 [1] 17 [1] 13 [1]
Investment (Note 4) (9) [1] (9) [1] (9) [1]
Northern Border
     
Investing Activities      
Cumulative distributions in excess of equity earnings: 20 [1] 24 [1] 24 [1]
Investment (Note 4) $ (31) [1]   $ (55) [1]
[1] (a) Recast as discussed in Note 2 and Note 6.