XML 30 R18.htm IDEA: XBRL DOCUMENT v3.22.1

UNCONSOLIDATED AFFILIATES (Notes)

3 Months Ended

Mar. 31, 2022

Equity Method Investments and Joint Ventures [Abstract]

UNCONSOLIDATED AFFILIATES

UNCONSOLIDATED AFFILIATES

Equity in Net Earnings from Investments - The following table sets forth our equity in net earnings from investments for the periods indicated:

									Three Months Ended
									March 31,
															2022						2021
															(Thousands of dollars)
Northern Border Pipeline															$	20,125					$	20,239
Roadrunner															9,141						7,749
Overland Pass Pipeline															5,008						2,972
Other															2,066						2,360
Equity in net earnings from investments															$	36,340					$	33,320

We incurred expenses in transactions with unconsolidated affiliates of $14.5 million and $15.6 million for the three months ended March 31, 2022 and 2021, respectively, primarily related to Northern Border Pipeline and Overland Pass Pipeline. Revenue earned and accounts receivable from, and accounts payable to, our equity-method investees were not material.

We have an operating agreement with Roadrunner that provides for reimbursement or payment to us for management services and certain operating costs. Reimbursements and payments from Roadrunner included in operating income in our Consolidated Statements of Income for all periods presented were not material.

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-URI http://asc.fasb.org/topic&trid=2196965

+ Details

Name:	us-gaap_EquityMethodInvestmentsDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration