SUMMARIZED FINANCIAL INFORMATION FOR ENBRIDGE ENERGY PARTNERS, L.P. (Tables)

9 Months Ended

Sep. 30, 2018

Equity Method Investment, Summarized Financial Information [Abstract]

Schedule of Summarized Financial Information for the Partnership

The following table provides summarized financial information of the Partnership:



	Three months ended September 30,						Nine months ended September 30,
	2018			2017			2018			2017
	(unaudited; in millions)
Operating revenues	$	560		$	616		$	1,689		$	1,817
Operating expenses	303			350			955			971
Operating income	$	257		$	266		$	734		$	846
Income from continuing operations	$	207		$	196		$	566		$	607
Net income	207			196			566			550
Noncontrolling interests	(103		)	(103		)	(293		)	(262		)
Series 1 preferred unit distributions	—			—			—			(29		)
Accretion of discount on Series 1 preferred units	—			—			—			(8		)
Net income attributable to Enbridge Energy Partners, L.P.	$	104		$	93		$	273		$	251
Net income attributable to the General Partner⁽¹⁾	(12		)	(11		)	(36		)	(35		)
Net income attributable to common units and i-units⁽²⁾	$	92		$	82		$	237		$	216

_____________________


(1)	Net income attributable to the General Partner includes net income attributable to the general partner interest as well as to Class F units and Class E units.

(2)

The Partnership allocates its net income among the General Partner and limited partners using the two-class method in accordance with applicable authoritative accounting guidance. Under the two-class method, the Partnership allocates its net income after noncontrolling interests to the General Partner and limited partners, including us, according to the distribution formula for available cash as set forth in the Partnership Agreement.

ENBRIDGE ENERGY MANAGEMENT L L C 10-Q