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Acquisition (Tables) | 12 Months Ended
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Dec. 31, 2016
Acquisitions [Abstract] |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] |
millions of Canadian dollars
Purchase Consideration | $ | 8,447
Fair value assigned to net assets: |  |
Current assets (1) | $ | 619
Regulatory assets (including current portion) |  | 624
Property, plant and equipment, net |  | 10,023
Other long-term assets |  | 71
Current liabilities |  | (747)
Assumed long-term debt (including current portion) |  | (5,409)
Regulatory liabilities (including current portion) |  | (1,117)
Deferred income taxes |  | (800)
Pension and post-retirement liabilities (including current portion) |  | (480)
Other long-term liabilities |  | (146)
| $ | 2,638
Cash and cash equivalents |  | 38
Fair value of net assets acquired | $ | 2,676
Goodwill | $ | 5,771
(1) Includes accounts receivables with fair value of $334 million comprised of gross contract value of $337 million, and $3 million of contractual receivables not expected to be collected.
Business Combination, Segment Allocation [Table Text Block] |
Goodwill has been preliminarily allocated to the TECO Energy reporting units and is subject to change as additional information is obtained through the purchase price allocation process.
millions of Canadian dollars |  |  |  |
Reporting Unit |  | Goodwill
Tampa Electric |  |  | $ | 4,552
PGS |  |  |  | 744
New Mexico Gas |  |  |  | 475
Goodwill |  |  | $ | 5,771
Business Combination, Separately Recognized Transactions [Table Text Block] |
For the |  | Year ended
millions of Canadian dollars |  | December 31
|  | 2016 |  | 2015
Operating revenues – regulated gas | $ | (10) | $ | -
Operating, maintenance, and general |  | 89 |  | 52
Interest expense, net |  | 148 |  | 24
Other income (expenses), net |  | (3) |  | -
Income tax expense (recovery) |  | (84) |  | (23)
Acquisition related costs | $ | 166 | $ | 53
Business Acquisition, Pro Forma Information [Table Text Block] |
For the |  | Year ended
millions of Canadian dollars | December 31
|  | 2016 |  | 2015
Pro forma operating revenues | $ | 6,034 | $ | 6,297
Pro forma net income attributable to common shareholders | $ | 386 | $ | 584

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of goodwill in a business combination. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6927-128479 + Details
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- Definition Tabular disclosure of transactions that are recognized separately from the acquisition of assets and assumptions of liabilities in the business combination. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1486-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + Details
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