Net Earnings per Common Unit

3 Months Ended

Mar. 31, 2017

Earnings Per Unit [Abstract]

Net Earnings per Common Unit

Net Earnings per Common Unit

Net earnings per common unit are based on the weighted-average number of common units outstanding during the period. The following table provides a calculation for net earnings per common unit for the three months ended March 31, 2017 and 2016:

	Three months ended   March 31,
	2017		2016
	(in millions, except per unit amounts)
Basic earnings per common unit:
Net earnings	$	42.2	$	37.7
Less: Net earnings allocable to General Partner	3.0		10.6
Less: Net earnings allocable to Class B common units	0.4		0.4
Net earnings allocable to common units	$	38.8	$	26.7
Weighted-average common units outstanding	18.5		18.5
Net earnings per common unit	$	2.10	$	1.44

There were no dilutive TNCLP units outstanding for the three months ended March 31, 2017 and 2016.