QUARTERLY FINANCIAL DATA (unaudited) (Tables)

12 Months Ended

Dec. 31, 2018

QUARTERLY FINANCIAL DATA (unaudited)

Schedule of selected unaudited financial data

Quarter ended (millions of dollars except per common unit amounts)	Mar 31		Jun 30		Sept 30			Dec 31
2018
Transmission revenues		115		111		103	(b)		220	(c)
Equity earnings		59		36		34			44
Net income (loss)		102		75		65			(406)
Net income (loss) attributable to controlling interests		96		73		62			(413)
Net income (loss) per common unit	$	1.32	$	1.00	$	0.79		$	(5.80)
Cash distributions paid to common units (a)		76		47		47			47
Cash distribution paid to Class B units		15		—		—			—
2017
Transmission revenues		112		101		100			109
Equity earnings		36		24		27			37
Net income		83		55		55			70
Net income attributable to controlling interests		77		55		54			66
Net income per common unit	$	1.05	$	0.73	$	0.61		$	0.77
Cash distributions paid to common units(a)		68		68		74			74
Cash distribution paid to Class B units		22		—		—			—

^(a) Distributions paid to common units includes our general partner’s two percent share and IDRs.

^(b) Net of a $9 million provision for revenue sharing recognized as part of the 2018 GTN Settlement, in which GTN agreed to issue a refund of $10 million allocated amongst its firm customers from January 1, 2018 to October 1, 2018 (Refer to Note 4).

^(c) Net of a $1 million provision for revenue sharing recognized as part of the 2018 GTN Settlement, in which GTN agreed to issue a refund of $10 million allocated amongst its firm customers from January 1, 2018 to October 1, 2018 (Refer to Note 4). This amount also includes the $97 million proceeds received by Bison from the termination of certain customer contracts (Refer to Note 6).