SUBSEQUENT EVENTS	9 Months Ended
Sep. 30, 2019
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 17 SUBSEQUENT EVENTS Management of the Partnership has reviewed subsequent events through November 7, 2019, the date the consolidated financial statements were issued, and concluded there were no events or transactions during this period that would require recognition or disclosure in the consolidated financial statements other than what is disclosed here and/or those already disclosed in the preceding notes. On October 22, 2019, the board of directors of the General Partner declared the Partnership’s third quarter 2019 cash distribution in the amount of $0.65 per common unit payable on November 14, 2019 to unitholders of record as of November 1, 2019. The declared distribution totaled $47 million and is payable in the following manner: $46 million to common unitholders (including $4 million to the General Partner as a holder of 5,797,106 common units and $7 million to another subsidiary of TC Energy as holder of 11,287,725 common units) and $1 million to the General Partner for its two percent general partner interest. The General Partner did not receive any distributions in respect of its IDRs for the third quarter of 2019. Northern Border declared its September 2019 distribution of $15 million on October 9, 2019, of which the Partnership received its 50 percent share or $7 million on October 18, 2019. Great Lakes declared its third quarter 2019 distribution of $23 million on October 15, 2019, of which the Partnership received its 46.45 percent share or $11 million on October 18, 2019. Iroquois declared its third quarter 2019 distribution of $28 million on November 1, 2019, of which the Partnership will receive its 49.34 percent share or $14 million on December 30, 2019. PNGTS declared its third quarter 2019 distribution of $10 million on October 9, 2019, of which $4 million was paid to its non-controlling interest owner on October 18, 2019.

SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2019

NOTE 17 SUBSEQUENT EVENTS

Management of the Partnership has reviewed subsequent events through November 7, 2019, the date the consolidated financial statements were issued, and concluded there were no events or transactions during this period that would require recognition or disclosure in the consolidated financial statements other than what is disclosed here and/or those already disclosed in the preceding notes.

On October 22, 2019, the board of directors of the General Partner declared the Partnership’s third quarter 2019 cash distribution in the amount of $0.65 per common unit payable on November 14, 2019 to unitholders of record as of November 1, 2019. The declared distribution totaled $47 million and is payable in the following manner: $46 million to common unitholders (including $4 million to the General Partner as a holder of 5,797,106 common units and $7 million to another subsidiary of TC Energy as holder of 11,287,725 common units) and $1 million to the General Partner for its two percent general partner interest. The General Partner did not receive any distributions in respect of its IDRs for the third quarter of 2019.

Northern Border declared its September 2019 distribution of $15 million on October 9, 2019, of which the Partnership received its 50 percent share or $7 million on October 18, 2019.

Great Lakes declared its third quarter 2019 distribution of $23 million on October 15, 2019, of which the Partnership received its 46.45 percent share or $11 million on October 18, 2019.

Iroquois declared its third quarter 2019 distribution of $28 million on November 1, 2019, of which the Partnership will receive its 49.34 percent share or $14 million on December 30, 2019.

PNGTS declared its third quarter 2019 distribution of $10 million on October 9, 2019, of which $4 million was paid to its non-controlling interest owner on October 18, 2019.