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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Generated from Operations      
Net income (loss) $ 301 $ 298 $ (165)
Depreciation 89 78 97
Impairment of long-lived assets (Note 7) 0 0 537
Impairment of goodwill (Note 4) 0 0 59
Amortization of Debt Issuance Costs and Discounts 2 2 2
Amortization of realized loss on derivative instrument (Note 19) 0 0 1
Equity earnings from equity investments (Note 5) (170) (160) (173)
Distributions from equity investments 196 200 188
Change in other long-term liabilities 1 (1) (2)
Equity allowance for funds used during construction (10) (2) (1)
Change in operating working capital (Note 15) 4 (3) (3)
Cash Generated from Operations 413 412 540
Investing Activities      
Distribution received as return on investment 29 58 10
Capital expenditures (278) (75) (40)
Other (1) (1) 4
Investing Activities (262) (32) (35)
Financing Activities      
Distributions paid (Note 14) (189) (189) (218)
Distributions paid to Class B units (Notes 10 and 14) (8) (13) (15)
Distributions paid to non-controlling interests (23) (22) (14)
Common unit issuance, net (Note 10) 0 0 40
Long-term debt issued, net of discount (Note 8) 385 30 219
Long-term debt repaid (Note 8) (199) (136) (516)
Debt issuance costs 0 0 (1)
Financing Activities (34) (330) (505)
Increase/(decrease) in cash and cash equivalents 117 50 0
Cash and cash equivalents, beginning of year 83 33 33
Cash and cash equivalents, end of year 200 83 33
Interest payments paid 75 87 94
State income taxes paid 1 2 1
Supplemental information about non-cash investing and financing activities      
Accrued capital expenditures, net 8 4 2
Great Lakes      
Cash Generated from Operations      
Equity earnings from equity investments (Note 5) (56) (51) (59)
Investing Activities      
Investment of interests (10) (10) (9)
Iroquois      
Cash Generated from Operations      
Equity earnings from equity investments (Note 5) (38) (40) (46)
Investing Activities      
Investment of interests (2) (4) 0
Distribution received as return on investment 29 8 10
Northern Border      
Cash Generated from Operations      
Equity earnings from equity investments (Note 5) (76) (69) (68)
Investing Activities      
Distribution received as return on investment $ 0 $ 50 $ 0