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ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2014
Bison  
Acquisition  
Schedule of purchase price

 

                                                                                                                                                                                    

(millions of dollars)

 

 

 


Total cash consideration

 

217 

 

TransCanada's carrying value of non-controlling interest at October 1, 2014

 

188 

 


Excess purchase price

 

29 

 


 

GTN and Bison  
Acquisition  
Schedule of purchase price

 

                                                                                                                                                                                    

(millions of dollars)

 

 

 

 


Current assets

 

67

 

 

Property, plant and equipment, net

 

1,792

 

 

Other assets

 

1

 

 

Current liabilities

 

(20

)

 

Other liabilities

 

(21

)

 

Long-term debt

 

(325

)

 


 

 

1,494

 

 

Non-controlling interest

 

(448

)

 

Carrying value of pre-existing 25% interest in each of GTN and Bison

 

(374

)

 


Carrying value of acquired 45% interest in each of GTN and Bison

 

672

 

 

Excess purchase price over net assets acquired (includes Carty Lateral consideration)

 

274

 

 


Total cash consideration including $25 million Carty Lateral consideration

 

946