Tc pipelines, lp (TCP)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
ASSETS
Current Assets
Cash and cash equivalents

134

83

90

45

52

33

48

51

68

33

73

51

60

64

72

40

48

55

28

44

384

26

98

45

41

25

4

67

2

3

7

6

5

29

7

1

2

3

7

2

3

Accounts Receivable and Other Assets, Current

37

43

39

33

41

48

39

40

36

42

35

37

34

47

35

35

36

41

31

33

35

35

31

30

34

37

33

7

8

38

10

8

8

9

8

8

8

8

7

6

8

Distribution receivable from Iroquois

0

14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract assets (Note 6)

-

-

-

-

-

-

-

-

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distribution receivable (Note 5)

-

-

-

-

-

-

-

-

14

-

-

-

2

-

-

4

6

-

-

-

-

-

-

-

-

-

45

-

-

21

-

-

-

-

-

-

-

-

-

-

-

Inventories

11

10

9

9

9

8

7

8

7

8

7

7

7

7

7

7

7

7

7

7

8

7

8

7

7

7

7

-

-

7

-

-

-

-

-

-

-

-

-

-

-

Other

3

6

2

3

5

8

8

9

11

7

6

5

4

7

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

185

156

140

90

107

97

102

108

143

90

121

100

107

125

114

86

97

106

66

84

427

68

137

82

82

69

89

74

10

69

17

14

13

38

16

10

11

12

14

9

11

Equity investments (Note 5)

1,102

1,098

1,094

1,118

1,196

1,196

1,196

1,211

1,217

1,213

1,207

1,138

1,062

918

1,042

1,047

1,083

965

1,151

1,158

1,183

1,177

1,174

1,184

1,206

1,195

1,161

1,545

1,556

1,189

1,576

1,586

1,606

1,610

1,643

1,591

-

1,194

-

-

-

Property, plant and equipment (Net of $1,201 accumulated depreciation; 2019 - $1,187)

1,540

1,528

1,517

1,520

1,522

1,529

2,075

2,086

2,105

2,123

2,133

2,148

1,866

2,180

1,895

1,913

1,928

2,257

1,953

1,946

1,950

1,968

1,985

2,004

2,021

2,042

2,056

281

283

2,111

291

295

295

298

302

305

308

312

316

319

318

Goodwill

71

71

71

71

71

71

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

Other assets

-

-

-

-

3

6

13

11

9

3

-

-

1

1

-

-

-

1

8

9

8

6

6

6

7

7

9

5

5

6

5

5

6

6

5

2

0

0

0

0

1

TOTAL ASSETS

2,898

2,853

2,822

2,799

2,899

2,899

3,516

3,546

3,604

3,559

3,591

3,516

3,166

3,354

3,181

3,176

3,238

3,459

3,308

3,327

3,698

3,349

3,432

3,406

3,446

3,443

3,445

2,035

1,984

3,505

2,019

2,030

2,050

2,082

2,097

2,040

1,646

1,650

1,664

1,663

1,675

LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities
Accounts payable and accrued liabilities

33

28

31

26

29

36

30

27

35

31

31

27

24

29

28

26

24

34

30

30

27

23

31

24

21

19

24

8

5

26

7

6

6

5

6

5

6

7

6

4

4

Provision for revenue sharing (Note 4)

-

-

-

-

-

-

9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts Payable, Related Parties, Current

6

8

6

6

7

6

5

6

6

5

5

35

6

8

5

5

4

8

8

10

8

15

17

21

30

29

4

-

-

6

-

-

-

-

-

-

-

-

-

-

-

Accrued interest

20

11

20

11

20

12

20

12

21

12

21

11

13

10

13

9

13

8

12

8

13

4

12

4

12

4

12

-

5

2

6

1

6

1

6

1

2

1

2

1

1

Distributions payable

-

-

-

-

-

-

-

-

2

1

-

-

-

3

-

-

-

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term loan (Note 7)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

170

170

170

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Demand loan payable to affiliate (Note 16)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt (Note 7)

123

123

123

101

36

36

36

36

45

51

51

57

23

52

27

15

14

36

14

14

79

79

79

79

3

3

3

3

3

3

3

3

3

3

300

300

475

483

51

51

53

Fair value of derivative contracts (Note 14)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

6

9

13

14

13

12

Total current liabilities

182

170

180

144

92

90

100

81

109

100

108

130

66

102

73

55

55

96

64

232

297

291

139

128

66

55

43

11

13

52

16

10

15

9

316

314

494

506

75

70

72

Long-term debt, net (Note 7)

1,887

1,880

1,871

1,892

2,040

2,072

2,211

2,272

2,332

2,352

2,427

2,333

1,786

1,859

1,896

1,938

2,059

1,935

1,890

1,730

1,785

1,446

1,454

1,484

1,565

1,575

1,548

373

682

1,010

689

697

704

739

446

393

30

30

478

485

487

Deferred state income taxes

7

7

9

9

9

9

10

10

10

10

10

10

-

10

-

-

-

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

43

36

36

34

31

29

29

28

29

29

28

28

28

28

28

29

28

27

27

27

27

26

26

26

24

24

25

2

2

21

1

2

1

1

0

1

0

1

4

6

11

Total liabilities

2,119

2,093

2,096

2,079

2,172

2,200

2,350

2,391

2,480

2,491

2,573

2,501

1,880

1,999

1,997

2,022

2,142

2,068

1,981

1,989

2,109

1,763

1,619

1,638

1,655

1,654

1,616

386

697

1,083

706

709

720

749

763

708

525

538

558

563

571

Common units subject to rescission (Note 10)

-

-

-

-

-

-

-

-

-

-

-

-

64

83

83

83

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Partners’ Equity
Limited partner

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,331

-

1,362

1,313

1,327

1,322

1,357

1,616

1,261

1,275

1,288

1,295

1,304

1,307

1,310

1,312

1,108

1,104

1,102

1,098

1,105

General partner

15

14

14

14

14

13

-

-

-

24

23

25

28

27

26

25

24

25

29

29

29

29

29

28

28

28

29

34

27

27

26

27

27

27

27

27

23

23

23

23

23

Accumulated other comprehensive income (loss) (AOCI)

-18

-5

-8

-5

3

8

18

15

12

5

-

-1

1

-2

-3

-5

-4

-4

-4

-3

-3

-2

-2

-2

-1

-1

-2

-1

-1

-1

-1

-1

-1

-1

-4

-8

-11

-15

-19

-21

-25

Controlling interests

676

656

624

618

619

591

1,061

1,044

1,015

963

916

914

1,222

1,144

1,101

1,071

1,096

1,149

1,327

1,338

1,357

1,352

1,389

1,339

1,354

1,349

1,384

1,649

1,287

1,301

1,313

1,321

1,330

1,333

1,333

1,331

1,121

1,112

1,106

1,100

1,103

Non-controlling interests

103

104

102

102

108

108

105

111

109

105

102

101

-

97

-

-

-

91

-

-

232

234

424

429

437

440

445

-

-

448

-

-

-

-

-

-

-

-

-

-

-

Equity of former parent of PNGTS

-

-

-

-

-

-

-

-

-

-

-

-

-

31

-

-

-

151

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity of former parent of GTN and Bison

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

673

-

-

-

-

-

-

-

-

-

-

-

Partners' Capital, Including Portion Attributable to Noncontrolling Interest

779

760

726

720

727

699

1,166

1,155

1,124

1,068

1,018

1,015

-

1,272

-

-

-

1,391

1,327

1,338

1,589

1,586

1,813

1,768

1,791

1,789

1,829

-

-

2,422

-

-

-

-

-

-

-

-

-

-

-

TOTAL LIABILITIES AND PARTNERS’ EQUITY

2,898

2,853

2,822

2,799

2,899

2,899

3,516

3,546

3,604

3,559

3,591

3,516

3,166

3,354

3,181

3,176

3,238

3,459

3,308

3,327

3,698

3,349

3,432

3,406

3,446

3,443

3,445

2,035

1,984

3,505

2,019

2,030

2,050

2,082

2,097

2,040

1,646

1,650

1,664

1,663

1,675

Subsequent events (Note 12)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Common Units
Limited partner

584

544

522

514

507

462

921

912

886

824

790

795

1,098

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class B Units
Limited partner

95

103

96

95

95

108

99

95

95

110

103

95

95

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General partner

-

-

-

-

-

-

23

22

22

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-