XML 23 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Generated From Operations    
Net income $ 102 $ 83 [1]
Depreciation 24 24 [1]
Amortization of debt issue costs reported as interest expense 1 1 [1]
Equity earnings from equity investments (Note 5) (59) (36) [1]
Distributions received from operating activities of equity investments (Note 5) 43 28 [1]
Change in operating working capital (Note 11) 6 7 [1]
Net Cash Provided by (Used in) Operating Activities 117 107 [1]
Investing Activities    
Distribution received from Iroquois as return of investment (Note 5) 2 0
Capital expenditures (2) (7) [1]
Net Cash Provided by (Used in) Investing Activities (4) (11) [1]
Financing Activities    
Distributions paid (Note 10) (76) (68) [1]
Distributions paid to non-controlling interests (1) (2) [1]
Common unit issuance, net (Note 8) 40 71 [1]
Long-term debt issued, net of discount (Note 7) 75  
Long-term debt repaid (Note 7) (101) (61) [1]
Total financing activities (78) (83) [1]
Decrease in cash and cash equivalents (35) (13) [1]
Cash and cash equivalents, beginning of period 33 64 [1]
Cash and cash equivalents, end of period 68 77 [1]
Class B Units    
Financing Activities    
Distributions paid to Class B units (Note 8) (15) (22) [1]
Great Lakes    
Cash Generated From Operations    
Equity earnings from equity investments (Note 5) (24) (17)
Investing Activities    
Investment/Acquisition of interests $ (4) (4) [1]
Portland Natural Gas Transmission System    
Financing Activities    
Distributions paid to former parent of PNGTS [1]   $ (1)
[1] Recast to consolidate PNGTS (Refer to Note 2).