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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Transmission revenues $ 115 $ 112 [1]
Equity earnings (Note 5) 59 36 [1]
Operation and maintenance expenses (16) (14) [1]
Property taxes (7) (7) [1]
General and administrative (1) (2) [1]
Depreciation and amortization (24) (24) [1]
Financial charges and other (Note 15) (23) (17) [1]
Net income before taxes 103 84 [1]
Income taxes (Note 18) (1) (1) [1]
Net Income 102 83 [1]
Net income attributable to non-controlling interest 6 6 [1]
Net income attributable to controlling interests 96 77 [1]
Net income attributable to controlling interest allocation (Note 9)    
General Partner 2 3 [1]
TransCanada, as former parent of PNGTS [1]   2
Net income attributable to controlling interests 96 77 [1]
Common Units    
Net income attributable to controlling interest allocation (Note 9)    
Net income attributable to common units $ 94 $ 72 [1]
Net income per common unit (Note 9) - basic and diluted (in dollars per unit) [2] $ 1.32 $ 1.05 [1]
Weighted average common units outstanding - basic (in units) 71.2 68.3 [1]
Common units outstanding, end of period 71.3 68.6 [1]
[1] Recast to consolidate PNGTS (Refer to Note 2).
[2] Net income per common unit prior to recast (Refer to Note 2).