XML 191 R174.htm IDEA: XBRL DOCUMENT v3.7.0.1
SUPPLEMENTAL FINANCIAL INFORMATION (Condensed Consolidated Statements of Income) (Details) - CAD
CAD in Millions
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Revenues [Abstract]    
Regulated electric CAD 3,437.0 CAD 2,141.0
Regulated 499.0 52.0
Non-regulated 341.0 596.0
Total operating revenues 4,277.0 2,789.0
Operating expenses    
Regulated fuel for generation and purchased power 1,222.0 815.0
Regulated cost of natural gas 177.0 0.0
Regulated fuel adjustment 61.0 42.0
Non-regulated fuel for generation and purchased power 313.0 336.0
Non-regulated direct costs 29.0 19.0
Operating, maintenance and general 1,137.0 666.0
Provincial, state, and municipal taxes 195.0 63.0
Depreciation and amortization 588.0 340.0
Total operating expenses 3,722.0 2,281.0
Operating Income (Loss) 555.0 508.0
Income from equity investments 100.0 108.0
Other income (expenses), net 174.0 141.0
Interest expense, net (585.0) (212.0)
Income before provision for income taxes 244.0 545.0
Income tax expense (recovery) (22.0) 93.0
Net income 266.0 452.0
Non-controlling interest in subsidiaries 11.0 25.0
Net income of Emera Incorporated 255.0 427.0
Preferred stock dividends 28.0 30.0
Net income attributable to common shareholders 227.2 397.2
Comprehensive income attributable to common shareholders 228.0 911.0
Consolidation, Eliminations [Member]    
Revenues [Abstract]    
Regulated electric (2.0) (2.0)
Regulated 0.0 0.0
Non-regulated (33.0) (42.0)
Total operating revenues (35.0) (44.0)
Operating expenses    
Regulated fuel for generation and purchased power 0.0 0.0
Regulated cost of natural gas 0.0 0.0
Regulated fuel adjustment 0.0 0.0
Non-regulated fuel for generation and purchased power (4.0) (5.0)
Non-regulated direct costs (23.0) (30.0)
Operating, maintenance and general (8.0) (8.0)
Provincial, state, and municipal taxes 0.0 0.0
Depreciation and amortization 0.0 0.0
Total operating expenses (35.0) (43.0)
Operating Income (Loss) 0.0 (1.0)
Income (Loss) from Subsidiaries, before Tax (150.0) (270.0)
Income from equity investments 0.0 0.0
Intercompany income (expenses), net (46.0) (164.0)
Other income (expenses), net 0.0 0.0
Interest expense, net 0.0 (134.0)
Income before provision for income taxes (196.0) (301.0)
Income tax expense (recovery) 0.0 0.0
Net income (196.0) (301.0)
Non-controlling interest in subsidiaries 4.0 12.0
Net income of Emera Incorporated (200.0) (313.0)
Preferred stock dividends (50.0) (41.0)
Net income attributable to common shareholders (150.0) (272.0)
Comprehensive income attributable to common shareholders (283.0) (755.0)
Parent Company [Member]    
Revenues [Abstract]    
Regulated electric 0.0 0.0
Regulated 0.0 0.0
Non-regulated 0.0 0.0
Total operating revenues 0.0 0.0
Operating expenses    
Regulated fuel for generation and purchased power 0.0 0.0
Regulated cost of natural gas 0.0 0.0
Regulated fuel adjustment 0.0 0.0
Non-regulated fuel for generation and purchased power 0.0 0.0
Non-regulated direct costs 0.0 0.0
Operating, maintenance and general 37.0 54.0
Provincial, state, and municipal taxes 0.0 0.0
Depreciation and amortization 2.0 1.0
Total operating expenses 39.0 55.0
Operating Income (Loss) (39.0) (55.0)
Income (Loss) from Subsidiaries, before Tax 150.0 270.0
Income from equity investments 18.0 37.0
Intercompany income (expenses), net 203.0 156.0
Other income (expenses), net 135.0 91.0
Interest expense, net 226.0 46.0
Income before provision for income taxes 241.0 453.0
Income tax expense (recovery) (14.0) 25.0
Net income 255.0 428.0
Non-controlling interest in subsidiaries 0.0 0.0
Net income of Emera Incorporated 255.0 428.0
Preferred stock dividends 28.0 30.0
Net income attributable to common shareholders 227.0 398.0
Comprehensive income attributable to common shareholders 228.0 911.0
Subsidiary Issuer [Member]    
Revenues [Abstract]    
Regulated electric 0.0 0.0
Regulated 0.0 0.0
Non-regulated 0.0 0.0
Total operating revenues 0.0 0.0
Operating expenses    
Regulated fuel for generation and purchased power 0.0 0.0
Regulated cost of natural gas 0.0 0.0
Regulated fuel adjustment 0.0 0.0
Non-regulated fuel for generation and purchased power 0.0 0.0
Non-regulated direct costs 0.0 0.0
Operating, maintenance and general 0.0 0.0
Provincial, state, and municipal taxes 0.0 0.0
Depreciation and amortization 0.0 0.0
Total operating expenses 0.0 0.0
Operating Income (Loss) 0.0 0.0
Income (Loss) from Subsidiaries, before Tax 0.0 0.0
Income from equity investments 0.0 0.0
Intercompany income (expenses), net 101.0 0.0
Other income (expenses), net 0.0 0.0
Interest expense, net 85.0 0.0
Income before provision for income taxes 16.0 0.0
Income tax expense (recovery) 7.0 0.0
Net income 9.0 0.0
Non-controlling interest in subsidiaries 0.0 0.0
Net income of Emera Incorporated 9.0 0.0
Preferred stock dividends 0.0 0.0
Net income attributable to common shareholders 9.0 0.0
Comprehensive income attributable to common shareholders 19.0 0.0
Guarantor Subsidiaries [Member]    
Revenues [Abstract]    
Regulated electric 1,665.0 283.0
Regulated 451.0 0.0
Non-regulated 378.0 419.0
Total operating revenues 2,494.0 702.0
Operating expenses    
Regulated fuel for generation and purchased power 560.0 70.0
Regulated cost of natural gas 177.0 0.0
Regulated fuel adjustment 0.0 0.0
Non-regulated fuel for generation and purchased power 261.0 277.0
Non-regulated direct costs 0.0 0.0
Operating, maintenance and general 647.0 148.0
Provincial, state, and municipal taxes 152.0 21.0
Depreciation and amortization 330.0 79.0
Total operating expenses 2,127.0 595.0
Operating Income (Loss) 367.0 107.0
Income (Loss) from Subsidiaries, before Tax 0.0 0.0
Income from equity investments 0.0 5.0
Intercompany income (expenses), net (107.0) 0.0
Other income (expenses), net 24.0 21.0
Interest expense, net 127.0 28.0
Income before provision for income taxes 157.0 105.0
Income tax expense (recovery) 48.0 35.0
Net income 109.0 70.0
Non-controlling interest in subsidiaries 0.0 0.0
Net income of Emera Incorporated 109.0 70.0
Preferred stock dividends 31.0 15.0
Net income attributable to common shareholders 78.0 55.0
Comprehensive income attributable to common shareholders 205.0 303.0
Non-Guarantor Subsidiaries [Member]    
Revenues [Abstract]    
Regulated electric 1,774.0 1,860.0
Regulated 48.0 52.0
Non-regulated (4.0) 219.0
Total operating revenues 1,818.0 2,131.0
Operating expenses    
Regulated fuel for generation and purchased power 662.0 745.0
Regulated cost of natural gas 0.0 0.0
Regulated fuel adjustment 61.0 42.0
Non-regulated fuel for generation and purchased power 56.0 64.0
Non-regulated direct costs 52.0 49.0
Operating, maintenance and general 461.0 472.0
Provincial, state, and municipal taxes 43.0 42.0
Depreciation and amortization 256.0 260.0
Total operating expenses 1,591.0 1,674.0
Operating Income (Loss) 227.0 457.0
Income (Loss) from Subsidiaries, before Tax 0.0 0.0
Income from equity investments 82.0 66.0
Intercompany income (expenses), net (151.0) 8.0
Other income (expenses), net 15.0 29.0
Interest expense, net 147.0 272.0
Income before provision for income taxes 26.0 288.0
Income tax expense (recovery) (63.0) 33.0
Net income 89.0 255.0
Non-controlling interest in subsidiaries 7.0 13.0
Net income of Emera Incorporated 82.0 242.0
Preferred stock dividends 19.0 26.0
Net income attributable to common shareholders 63.0 216.0
Comprehensive income attributable to common shareholders CAD 59.0 CAD 452.0