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FINANCIAL CHARGES AND OTHER
12 Months Ended
Dec. 31, 2016
FINANCIAL CHARGES AND OTHER  
FINANCIAL CHARGES AND OTHER

NOTE 11    FINANCIAL CHARGES AND OTHER

                                                                                                                                                                                    


Year ended December 31 (millions of dollars)

 

2016

 

2015

 

2014

 

 


Interest expense(a)

 

65

 

59

 

49

 

 

Net realized loss related to the interest rate swaps

 

3

 

2

 

2

 

 

Other

 

(1

)

(5

)

(1

)

 


 

 

67

 

56

 

50

 

 


 

 

 

(a)       

Effective January 1, 2016, interest expense includes amortization of debt issuance costs and discount costs. Refer to Note 3.