XML 198 R49.htm IDEA: XBRL DOCUMENT v3.20.4
EQUITY INVESTMENTS - Summary of equity investments (Details) - USD ($)
1 Months Ended 3 Months Ended 12 Months Ended
Apr. 30, 2006
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Jan. 06, 2020
Dec. 31, 2017
Schedule of Equity Method Investments [Line Items]                            
Equity Earnings   $ 47,000,000 $ 39,000,000 $ 29,000,000 $ 55,000,000 $ 45,000,000 $ 31,000,000 $ 30,000,000 $ 54,000,000 $ 170,000,000 $ 160,000,000 $ 173,000,000    
Equity Investments   1,070,000,000       1,098,000,000       1,070,000,000 1,098,000,000      
ASSETS                            
Current assets   257,000,000       156,000,000       257,000,000 156,000,000      
Property, plant and equipment, net   1,747,000,000       1,528,000,000       1,747,000,000 1,528,000,000      
Cash and cash equivalents   200,000,000       83,000,000       200,000,000 83,000,000      
Other current assets   6,000,000       6,000,000       6,000,000 6,000,000      
TOTAL ASSETS   3,145,000,000       2,853,000,000       3,145,000,000 2,853,000,000      
LIABILITIES AND PARTNERS' EQUITY                            
Current liabilities   487,000,000       170,000,000       487,000,000 170,000,000      
Long-term debt, net   2,198,000,000               2,198,000,000        
Deferred credits and other   47,000,000       36,000,000       47,000,000 36,000,000      
Partners’ equity   833,000,000       760,000,000       833,000,000 760,000,000 699,000,000   $ 1,068,000,000
Accumulated other comprehensive loss   (13,000,000)       (5,000,000)       (13,000,000) (5,000,000)      
TOTAL LIABILITIES AND PARTNERS' EQUITY   3,145,000,000       2,853,000,000       3,145,000,000 2,853,000,000      
Revenues (expenses)                            
Transmission revenues   104,000,000 $ 99,000,000 $ 95,000,000 $ 101,000,000 104,000,000 $ 93,000,000 $ 93,000,000 $ 113,000,000 399,000,000 403,000,000 549,000,000    
Depreciation                   (89,000,000) (78,000,000) (97,000,000)    
Financial charges and other                   (73,000,000) (83,000,000) (92,000,000)    
Net income (loss)                   284,000,000 280,000,000 (182,000,000)    
Current maturities   423,000,000       123,000,000       423,000,000 123,000,000      
Northern Border                            
ASSETS                            
Property, plant and equipment, net   977,000,000       989,000,000       977,000,000 989,000,000      
Cash and cash equivalents   31,000,000       21,000,000       31,000,000 21,000,000      
Other current assets   38,000,000       37,000,000       38,000,000 37,000,000      
Other assets   12,000,000       12,000,000       12,000,000 12,000,000      
TOTAL ASSETS   1,058,000,000       1,059,000,000       1,058,000,000 1,059,000,000      
LIABILITIES AND PARTNERS' EQUITY                            
Current liabilities   52,000,000       42,000,000       52,000,000 42,000,000      
Long-term debt, net   380,000,000       364,000,000       380,000,000 364,000,000      
Deferred credits and other   42,000,000       39,000,000       42,000,000 39,000,000      
Partners’ capital   584,000,000       615,000,000       584,000,000 615,000,000      
Accumulated other comprehensive loss   0       (1,000,000)       0 (1,000,000)      
TOTAL LIABILITIES AND PARTNERS' EQUITY   1,058,000,000       1,059,000,000       1,058,000,000 1,059,000,000      
Revenues (expenses)                            
Transmission revenues                   308,000,000 300,000,000 289,000,000    
Operating expenses                   (77,000,000) (82,000,000) (78,000,000)    
Depreciation                   (62,000,000) (62,000,000) (60,000,000)    
Financial charges and other                   (18,000,000) (18,000,000) (15,000,000)    
Net income (loss)                   151,000,000 138,000,000 136,000,000    
Current maturities   $ 250,000,000       0       $ 250,000,000 0      
Stated interest rate   7.50%               7.50%        
Great Lakes                            
ASSETS                            
Current assets   $ 66,000,000       72,000,000       $ 66,000,000 72,000,000      
Property, plant and equipment, net   716,000,000       685,000,000       716,000,000 685,000,000      
TOTAL ASSETS   782,000,000       757,000,000       782,000,000 757,000,000      
LIABILITIES AND PARTNERS' EQUITY                            
Current liabilities   38,000,000       33,000,000       38,000,000 33,000,000      
Long-term debt, net   198,000,000       219,000,000       198,000,000 219,000,000      
Deferred credits and other   9,000,000       6,000,000       9,000,000 6,000,000      
Partners’ equity   537,000,000       499,000,000       537,000,000 499,000,000      
TOTAL LIABILITIES AND PARTNERS' EQUITY   782,000,000       757,000,000       782,000,000 757,000,000      
Revenues (expenses)                            
Transmission revenues                   239,000,000 238,000,000 246,000,000    
Operating expenses                   (70,000,000) (79,000,000) (68,000,000)    
Depreciation                   (33,000,000) (32,000,000) (32,000,000)    
Financial charges and other                   (15,000,000) (16,000,000) (18,000,000)    
Net income (loss)                   121,000,000 111,000,000 128,000,000    
Current maturities   31,000,000       21,000,000       31,000,000 21,000,000      
Iroquois                            
ASSETS                            
Property, plant and equipment, net   506,000,000       570,000,000       506,000,000 570,000,000      
Cash and cash equivalents   25,000,000       43,000,000       25,000,000 43,000,000      
Other current assets   36,000,000       36,000,000       36,000,000 36,000,000      
Other assets   20,000,000       16,000,000       20,000,000 16,000,000      
TOTAL ASSETS   587,000,000       665,000,000       587,000,000 665,000,000      
LIABILITIES AND PARTNERS' EQUITY                            
Current liabilities   20,000,000       34,000,000       20,000,000 34,000,000      
Long-term debt, net   314,000,000       317,000,000       314,000,000 317,000,000      
Deferred credits and other   21,000,000       20,000,000       21,000,000 20,000,000      
Partners’ equity   232,000,000       294,000,000       232,000,000 294,000,000      
TOTAL LIABILITIES AND PARTNERS' EQUITY   587,000,000       665,000,000       587,000,000 665,000,000      
Revenues (expenses)                            
Transmission revenues                   183,000,000 180,000,000 194,000,000    
Operating expenses                   (59,000,000) (58,000,000) (57,000,000)    
Depreciation                   (30,000,000) (29,000,000) (29,000,000)    
Financial charges and other                   (15,000,000) (11,000,000) (14,000,000)    
Net income (loss)                   79,000,000 82,000,000 94,000,000    
Current maturities   $ 5,000,000       3,000,000       $ 5,000,000 3,000,000      
Northern Border                            
Schedule of Equity Method Investments [Line Items]                            
Interest acquired   50.00%               50.00%        
Equity Earnings                   $ 76,000,000 69,000,000 68,000,000    
Equity Investments   $ 407,000,000       422,000,000       407,000,000 422,000,000      
Transaction fee amortization period 12 years                          
Transaction fee $ 10,000,000                          
Additional ownership percentage 20.00%                          
Equity Method Investment, Other than Temporary Impairment                   $ 0 0 0    
Great Lakes                            
Schedule of Equity Method Investments [Line Items]                            
Interest acquired   46.45%               46.45%        
Equity Earnings                   $ 56,000,000 51,000,000 59,000,000    
Equity Investments   $ 509,000,000       491,000,000       $ 509,000,000 491,000,000      
Iroquois                            
Schedule of Equity Method Investments [Line Items]                            
Interest acquired   49.34%               49.34%     49.34%  
Equity Earnings                   $ 38,000,000 40,000,000 $ 46,000,000    
Equity Investments   $ 154,000,000       $ 185,000,000       $ 154,000,000 $ 185,000,000