XML 79 R61.htm IDEA: XBRL DOCUMENT v3.8.0.1
ACQUISITIONS - 2017 Acquisition and 2016 PNGTS Acquisition (Details)
9 Months Ended 12 Months Ended
Feb. 01, 2018
USD ($)
Aug. 01, 2017
USD ($)
item
Jun. 01, 2017
USD ($)
Jan. 01, 2016
USD ($)
Feb. 28, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
ACQUISITIONS                
Interest acquired (as a percent)   49.34%            
Return on investment distribution classified as investing activities           $ 5,000,000 $ 0 $ 0
Iroquois                
ACQUISITIONS                
Interest acquired (as a percent)     49.34%     49.34%    
Option to acquire (as a percent)     0.66          
Amount of final purchase price adjustments     $ 19,000,000          
Additional consideration on surplus cash     28,000,000          
Net purchase price     710,000,000          
Outstanding debt     164,000,000          
Payment for option to acquire     1,000          
Return on investment distribution classified as investing activities           $ 5,000,000    
Iroquois net purchase price                
Net Purchase Price     593,000,000          
Less: TransCanada's carrying value of Iroquois at June 1, 2017     223,000,000          
Excess purchase price     370,000,000          
Purchase price before assumption of debt     710,000,000          
Reduction in partner's equity under equity method investments     370,000,000          
Iroquois | Portland Natural Gas Transmission System                
ACQUISITIONS                
Purchase price     765,000,000          
Amount of final purchase price adjustments     $ 50,000,000          
Iroquois | Investing Activities                
ACQUISITIONS                
Return on investment distribution classified as investing activities   $ 28,000,000            
Number of quarters for distribution of surplus cash | item   11            
Iroquois | TransCanada                
ACQUISITIONS                
Additional consideration on surplus cash   $ 28,000,000            
Iroquois | Cash Distribution Paid                
ACQUISITIONS                
Return on investment distribution classified as investing activities           $ 5,200,000    
Iroquois | Cash Distribution Paid | Subsequent Events                
ACQUISITIONS                
Return on investment distribution classified as investing activities $ 2,600,000       $ 7,800,000      
Portland Natural Gas Transmission System                
ACQUISITIONS                
Interest acquired (as a percent)     11.81% 49.90%        
Interest acquired by Partnership (as a percent)     61.71%          
Amount of final purchase price adjustments     $ 3,000,000          
Net purchase price     55,000,000       $ 193,000,000 [1]  
Outstanding debt     5,000,000          
PNGTS purchase price                
Current assets     25,000,000          
Property, plant and equipment, net     294,000,000          
Current liabilities     (4,000,000)          
Deferred state income taxes     (10,000,000)          
Long-term debt, including current portion     (41,000,000)          
Net assets     264,000,000          
Non-controlling interest     (100,000,000)          
Carrying value of pre-existing Investment in PNGTS     (132,000,000)          
TransCanada's carrying value of the acquired 11.81 percent interest at June 1, 2017     32,000,000          
Excess purchase price over net assets acquired     21,000,000          
Total cash consideration     53,000,000          
Purchase price before assumption of debt     55,000,000          
Final working capital adjustment     3,000,000          
Reduction in partner's equity due to excess purchase price     $ 21,000,000          
Portland Natural Gas Transmission System | TransCanada | Transaction between entities under common control                
ACQUISITIONS                
Total purchase price       $ 228,000,000        
Net purchase price       193,000,000        
PNGTS purchase price                
Less: TransCanada's carrying value of non-controlling interest       120,000,000        
Excess purchase price       73,000,000        
Purchase price adjustments       5,000,000        
Additional contingent payment, minimum       5,000,000        
Assumption of proportional debt       35,000,000        
Additional contingent payment, maximum       $ 50,000,000        
Period following closing date during which additional payments may be required       15 years        
[1] Recast to consolidate PNGTS (Refer to Notes 2 and 7).