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RELATED PARTY TRANSACTIONS (Tables)
6 Months Ended
Jun. 30, 2014
RELATED PARTY TRANSACTIONS  
Schedule of capital and operating costs charged by related party

 

 

 

Three months ended

 

Six months ended

 

(unaudited)

 

June 30,

 

June 30,

 

(millions of dollars)

 

2014

 

2013

 

2014

 

2013

 

 

 

 

 

 

 

 

 

 

 

Capital and operating costs charged by TransCanada’s subsidiaries to:

 

 

 

 

 

 

 

 

 

Great Lakes (a)

 

8

 

8

 

15

 

16

 

Northern Border (a)

 

10

 

7

 

17

 

14

 

GTN (a) 

 

7

 

7

 

13

 

14

 

Bison (a)

 

1

 

2

 

3

 

3

 

North Baja

 

1

 

1

 

2

 

2

 

Tuscarora

 

1

 

1

 

2

 

2

 

Impact on the Partnership’s net income:

 

 

 

 

 

 

 

 

 

Great Lakes

 

4

 

3

 

7

 

7

 

Northern Border

 

4

 

4

 

7

 

7

 

GTN (b)

 

5

 

5

 

9

 

9

 

Bison(b)

 

1

 

1

 

2

 

2

 

North Baja

 

1

 

1

 

2

 

2

 

Tuscarora

 

1

 

1

 

2

 

2

Schedule of amount payable to related party for costs charged in period

 

(unaudited)

 

 

 

 

 

(millions of dollars)

 

June 30, 2014

 

December 31, 2013

 

 

 

 

 

 

 

Amount payable to TransCanada’s subsidiaries for costs charged in the period by:

 

 

 

 

 

GTN (a) 

 

13

 

3

 

Northern Border (a)

 

15

 

3

 

Bison (a) 

 

2

 

-

 

Great Lakes (a)

 

14

 

3

 

North Baja

 

2

 

1

 

Tuscarora

 

2

 

-

 

 

(a)                  Represents 100 percent of the costs.

(b)                 Recast as discussed in Note 2.