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NET INCOME PER COMMON UNIT (Tables)
6 Months Ended
Jun. 30, 2013
NET INCOME PER COMMON UNIT  
Schedule of net income per common unit

 

 

 

Three months ended

 

Six months ended

(unaudited)

 

June 30,

 

June 30,

(millions of dollars)

 

2013  

 

2012  

 

2013   

 

2012     

 

 

 

 

 

 

 

 

 

Net income

 

23

 

33

 

52

 

72

Net income allocated to General Partner

 

-

 

(1)

 

(1)

 

(2)

Net income allocable to common units

 

23

 

32

 

51

 

70

Weighted average common units outstanding (millions) – basic and diluted

 

57.4

 

53.5

 

55.4

 

53.5

Net income per common unit – basic and diluted

 

$0.40

 

$0.60

 

$0.92

 

$1.31