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CONSOLIDATED STATEMENTS OF OPERATIONS
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
USD ($)
$ / shares
shares
Dec. 31, 2018
USD ($)
$ / shares
shares
Dec. 31, 2017
USD ($)
$ / shares
shares
Transmission revenues $ 403 $ 549 $ 422
Equity earnings (Note 5) 160 173 124
Impairment of long-lived assets (Note 7)   (537)  
Impairment of goodwill (Note 4)   (59)  
Operation and maintenance expenses (71) (67) (67)
Property taxes (26) (28) (28)
General and administrative (8) (6) (8)
Depreciation 78 97 97
Financial charges and other (Note 13) (83) (92) (82)
Net income (loss) before taxes 297 (164) 264
Income taxes (Note 2) 1 (1) (1)
Net Income (loss) 298 (165) 263
Net income attributable to non-controlling interests 18 17 11
Net income (loss) attributable to controlling interests 280 (182) 252
Net income (loss) attributable to controlling interest allocation (Note 14)      
General Partner 5 (4) 16
TC Energy and its subsidiaries 8 13 17
Net income (loss) attributable to controlling interests 280 (182) 252
Common Units      
Net income (loss) attributable to controlling interest allocation (Note 14)      
Net income (loss) attributable to common units or Class B units $ 267 $ (191) $ 219
Net income (loss) per common unit (Note 14) - basic and diluted (in dollars per unit) | $ / shares $ 3.74 $ (2.68) $ 3.16
Weighted average common units outstanding (millions) - basic and diluted | shares 71.3 71.3 69.2
Common units outstanding, end of year (millions) | shares 71.3 71.3 70.6