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CONSOLIDATED STATEMENTS OF OPERATIONS
$ in Millions
12 Months Ended
Dec. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2019
USD ($)
$ / shares
shares
Dec. 31, 2018
USD ($)
$ / shares
shares
Transmission revenues, net (Note 6) $ 399 $ 403 $ 549
Equity earnings (Note 5) 170 160 173
Impairment of long-lived assets (Note 7) 0 0 (537)
Impairment of goodwill (Note 4) 0 0 (59)
Operation and maintenance expenses (64) (71) (67)
Property taxes (26) (26) (28)
General and administrative (10) (8) (6)
Depreciation (89) (78) (97)
Financial charges and other (Note 12) (73) (83) (92)
Net income (loss) before taxes 307 297 (164)
Income taxes (Note 2) (6) 1 (1)
Net Income (loss) 301 298 (165)
Net income attributable to non-controlling interests 17 18 17
Net income (loss) 284 280 (182)
Net income (loss) attributable to controlling interest allocation (Note 13)      
Common units 278 267 (191)
General Partner 6 5 (4)
Class B units 0 8 13
Net income (loss) attributable to controlling interests $ 284 $ 280 $ (182)
Net income (loss) per common unit - basic and diluted (in dollars per unit) | $ / shares $ 3.90 $ 3.74 $ (2.68)
Weighted average common units outstanding – basic and diluted (in units) | shares 71,300,000 71,300,000 71,300,000
Common units      
Net income (loss) attributable to controlling interest allocation (Note 13)      
Common units $ 278 $ 267 $ (191)
Net income (loss) per common unit - basic and diluted (in dollars per unit) | $ / shares $ 3.90 $ 3.74 $ (2.68)
Weighted average common units outstanding – basic and diluted (in units) | shares 71,300,000 71,300,000 71,300,000
Common units outstanding, end of year (in units) | shares 71,300,000 71,300,000 71,300,000