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Related Parties
12 Months Ended
Dec. 31, 2014
Related Party Transactions [Abstract]  
Provided and received services from the associated companies
RELATED PARTIES

We receive and/or provide certain services to other associated companies in which we have an equity investment.

American Transmission Company LLC:   As of December 31, 2014, we have a 26.2% interest in ATC. We pay ATC for transmission and other related services it provides. In addition, we provide a variety of operational, maintenance and project management work for ATC, which is reimbursed to us by ATC. We are required to pay the cost of needed transmission infrastructure upgrades for new generation projects while projects are under construction. ATC reimburses us for these costs when new generation is placed in service.

The following table summarizes material related party transactions with ATC during 2014, 2013 and 2012:

Equity Investee
 
2014
 
2013
 
2012
 
 
(Millions of Dollars)
 
 
 
 
 
 
 
Equity in Earnings
 
$
66.0

 
$
68.5

 
$
65.7

Distributions Received
 
$
57.5

 
$
54.5

 
$
52.6

 
 
 
 
 
 
 
Services Provided
 
$
8.1

 
$
9.0

 
$
8.2

Services Received
 
$
231.4

 
$
234.2

 
$
222.7



As of December 31, 2014 and 2013, our Consolidated Balance Sheets included receivable and payable balances with ATC as follows:

Equity Investee
 
2014
 
2013
 
 
(Millions of Dollars)
Accounts Receivable
 
 
 
 
Services provided
 
$
0.6

 
$
0.6

 
 
 
 
 
Accounts Payable
 
 
 
 
Services received
 
$
19.3

 
$
19.5