QUARTERLY FINANCIAL DATA (Unaudited)

12 Months Ended

Dec. 31, 2020

QUARTERLY FINANCIAL DATA (unaudited)The following sets forth selected unaudited financial data for the four quarters in 2020 and 2019:


Quarter ended (millions of dollars except per common unit amounts)	Mar 31		Jun 30		Sept 30		Dec 31
2020
Transmission revenues	101		95		99		104
Equity earnings	55		29		39		47
Net income (loss)	94		61		68		78
Net income (loss) attributable to controlling interests	88		57		65		74
Net income (loss) per common unit	$	1.21	$	0.78	$	0.90	$	1.01
Cash distributions paid to common units (a)	47		47		47		47
Cash distribution paid to Class B units	8		—		—		—
2019
Transmission revenues	113		93		93		104
Equity earnings	54		30		31		45
Net income	100		57		59		82
Net income attributable to controlling interests	93		55		56		76
Net income per common unit	$	1.28	$	0.75	$	0.76	$	0.95
Cash distributions paid to common units (a)	47		47		47		47
Cash distribution paid to Class B units	13		—		—		—

(a)Distributions paid to common units includes our general partner’s two percent share and IDRs, if any.