CONSOLIDATED STATEMENT OF CASH FLOWS (USD $) In Millions	6 Months Ended
	Jun. 30, 2011		Jun. 30, 2010		Jun. 30, 2011 GTN		Jun. 30, 2011 Bison		Jun. 30, 2011 Great Lakes	Jun. 30, 2010 Great Lakes	Jun. 30, 2011 Northern Border	Jun. 30, 2010 Northern Border
CASH GENERATED FROM OPERATIONS
Net income	$ 78.4	[1]	$ 61.4	[1]
Depreciation	7.7		7.4
Amortization of other assets	1.6		0.2
Equity earnings in excess of cumulative distributions:					(2.4)	[2]	(1.9)	[2]
Increase in long-term liabilities			0.1
Equity allowance for funds used during construction			(0.2)
(Increase)/decrease in operating working capital (Note 9)	(2.1)		1.8
Total cash generated from operations	81.3		70.7
INVESTING ACTIVITIES
Cumulative distributions in excess of equity earnings:									3.3	4.3	15.5	11.1
Acquisition of GTN and Bison (Note 4) and Investment in Great Lakes and Norther Border (Note 3)									(4.3)	(4.6)
Capital expenditures	(2.8)		(8.8)
Other assets	(3.5)
Total investing activities	(529.9)		2.0
FINANCING ACTIVITIES
Distributions paid (Note 8)	(70.8)		(68.9)
Equity issuance, net (Notes 4 & 6)	337.6
Long-term debt issued (Note 5)	541.4		12.0
Long-term debt repaid (Note 5)	(361.4)		(16.2)
Total financing activities	446.8		(73.1)
Decrease in cash and cash equivalents	(1.8)		(0.4)
Cash and cash equivalents, beginning of period	3.6		3.1
Cash and cash equivalents, end of period	1.8		2.7
Interest payments made	$ 2.8		$ 4.2

[1] Includes equity earnings from GTN and Bison from May 3, 2011, date of acquisition, to June 30, 2011.

[2] Represents equity earnings from May 3, 2011, date of acquisition, to June 30, 2011.