NET INCOME PER COMMON UNIT (Tables)

3 Months Ended

Mar. 31, 2012

NET INCOME PER COMMON UNIT

Schedule of net income per common unit

(unaudited)	Three months ended March 31,
(millions of dollars, except per unit)	2012			2011
Net income(a)		39			42
Net income allocated to General Partner		(1	)		(1	)
Net income allocable to common units		38			41
Weighted average common units outstanding (millions)		53.5			46.2
Net income per common unit		$0.71			$0.90

(a) There were no equity earnings from GTN and Bison in the 2011 period as the 25 percent interests in each were acquired in May 2011.