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Supplemental Financial Information
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]    
Condensed Financial Information of Parent Company Only Disclosure [Text Block]

35. SUPPLEMENTAL FINANCIAL INFORMATION

On June 16, 2016, Emera US Finance LP, (in such capacity, the “Issuer”), issued $3.25 billion USD senior unsecured notes (“U.S. Notes”). The U.S Notes are fully and unconditionally guaranteed, on a joint and several basis, by Emera (in such capacity, the “Parent Company”) and EUSHI (in such capacity, the “Guarantor Subsidiaries”). Emera owns, directly or indirectly, all of the limited and general partnership interests in Emera US Finance LP.

The following condensed consolidated financial statements present the results of operations, financial position and cash flows of the Parent Company, Subsidiary Issuer, Guarantor Subsidiaries and all other Non-guarantor Subsidiaries independently and on a consolidated basis.

Our guarantors were not determined using geographic, service line or other similar criteria, and as a result, the “Parent”, “Subsidiary Issuer”, “Guarantor Subsidiaries” and “Non-guarantor Subsidiaries” columns each include portions of our domestic and international operations. Accordingly, this basis of presentation is not intended to present our financial condition, results of operations or cash flows for any purpose other than to comply with the specific requirements for guarantor reporting.

Emera Incorporated

Condensed Consolidated Statements of Income

For the year ended December 31, 2017

ParentSubsidiary IssuerGuarantor SubsidiariesNon-guarantor SubsidiariesEliminationsConsolidated
millions of Canadian dollars
Operating revenues$ - $ - $ 4,165$ 2,118$ (57)$ 6,226
Operating expenses 41 - 3,241 1,610 (57) 4,835
Income (loss) from operations (41) - 924 508 - 1,391
Income (loss) from equity investments in subsidiaries 336 - - - (336) -
Income from equity investments 1 - 1 122 - 124
Intercompany income (expenses), net 92 195 (204) (45) (38) -
Other income (expenses), net - - 16 (19) 5 2
Interest expense, net 138 155 242 163 - 698
Income (loss) before provision for income taxes 250 40 495 403 (369) 819
Income tax expense (recovery) (44) 17 511 36 - 520
Net income (loss) 294 23 (16) 367 (369) 299
Non-controlling interest in subsidiaries - - - 1 4 5
Preferred stock dividends 28 - 29 13 (42) 28
Net income (loss) attributable to common shareholders$ 266$ 23$ (45)$ 353$ (331)$ 266
Comprehensive income (loss) of Emera Incorporated$ - $ 3$ (392)$ 372$ 17$ -

Emera Incorporated

Condensed Consolidated Statements of Income

For the year ended December 31, 2016

Emera Incorporated

Condensed Consolidated Balance Sheets

As at December 31, 2017

ParentSubsidiary IssuerGuarantor SubsidiariesNon-guarantor SubsidiariesEliminationsConsolidated
millions of Canadian dollars
Assets
Current assets
Cash and cash equivalents$276$21$47$94$-$438
Restricted cash --164-65
Inventory --243175-418
Derivative instruments 5-11131(6)141
Regulatory assets --11424-138
Intercompany receivables7494108(195)-
Receivables and other current assets 3-546777-1,326
Total current assets358309661,373(201)2,526
Property, plant and equipment, net of accumulated depreciation17-12,2584,720-16,995
Other assets
Deferred income taxes 70-(10)717138
Derivative instruments 4-2110(4)112
Regulatory assets --552686-1,238
Net investment in direct financing lease --12469-481
Investments in subsidiaries accounted for using the equity method 8,490---(8,490)-
Investments subject to significant influence 5-131,197-1,215
Goodwill --5,70996-5,805
Intercompany notes receivable1,1404,2851955(6,381)-
Other investments - intercompany---70(70)-
Other long-term assets29-68184(20)261
Total other assets9,7384,2856,3473,838(14,958)9,250
Total assets$10,113$4,315$19,571$9,931$(15,159)$28,771

Emera Incorporated
Condensed Consolidated Balance Sheets – Continued
As at December 31, 2017
ParentSubsidiary IssuerGuarantor SubsidiariesNon-guarantor SubsidiariesEliminationsConsolidated
millions of Canadian dollars
Liabilities and Equity
Current liabilities
Short-term debt $-$-$1,241$-$-$1,241
Current portion of long-term debt --70140-741
Accounts payable 9-620532-1,161
Intercompany payable 5569074(225)-
Derivative instruments 5-52175(5)227
Regulatory liabilities --91136(1)226
Other current liabilities 606137147-350
Total current liabilities129122,9321,104(231)3,946
Long-term liabilities
Long-term debt 2,2054,0343,7413,160-13,140
Intercompany long-term debt656-4,5821,139(6,377)-
Deferred income taxes -443556571,011
Derivative instruments 4-479(4)83
Regulatory liabilities --1,889353-2,242
Pension and post-retirement liabilities 21-341197-559
Other long-term liabilities 9-267352(19)609
Total long-term liabilities2,8954,03811,2595,845(6,393)17,644
Equity
Common stock5,6012424,3112,136(6,689)5,601
Cumulative preferred stock709-62076(696)709
Contributed surplus76-110148(258)76
Accumulated other comprehensive income (loss) (188)(9)(36)(185)230(188)
Retained earnings 89132375735(1,142)891
Total Emera Incorporated equity7,0892655,3802,910(8,555)7,089
Non-controlling interest in subsidiaries ---722092
Total equity7,0892655,3802,982(8,535)7,181
Total liabilities and equity$10,113$4,315$19,571$9,931$(15,159)$28,771

Emera Incorporated
Condensed Consolidated Balance Sheets – Continued
As at December 31, 2016
ParentSubsidiary IssuerGuarantor SubsidiariesNon-guarantor SubsidiariesEliminationsConsolidated
millions of Canadian dollars
Liabilities and Equity
Current liabilities
Short-term debt $-$-$948$13$-$961
Current portion of long-term debt --43640-476
Accounts payable 6-756480-1,242
Intercompany payable 53468125(646)-
Derivative instruments 14-10314(13)325
Regulatory liabilities --225137-362
Other current liabilities 5413130161-358
Total current liabilities608192,5861,170(659)3,724
Long-term liabilities
Long-term debt 2,3384,3144,6872,929-14,268
Intercompany long-term debt366-4,7781,357(6,501)-
Deferred income taxes -11,193516(38)1,672
Derivative instruments 12--150(12)150
Regulatory liabilities --973304-1,277
Pension and post-retirement liabilities 17-433219-669
Other long-term liabilities 13-274377(19)645
Total long-term liabilities2,7464,31512,3385,852(6,570)18,681
Equity
Common stock4,7382424,1773,997(8,416)4,738
Cumulative preferred stock709-620271(891)709
Contributed surplus75-45106(151)75
Accumulated other comprehensive income (loss) 10610340(191)(159)106
Retained earnings 1,0769420610(1,039)1,076
Total Emera Incorporated equity6,7042615,6024,793(10,656)6,704
Non-controlling interest in subsidiaries ---7834112
Total equity6,7042615,6024,871(10,622)6,816
Total liabilities and equity$10,058$4,595$20,526$11,893$(17,851)$29,221

Emera Incorporated
Condensed Consolidated Statements of Cash Flows
For the year ended December 31, 2017
ParentSubsidiary IssuerGuarantor SubsidiariesNon-guarantor SubsidiariesEliminationsConsolidated
millions of Canadian dollars
Net cash provided by (used in) by operating activities$195$22$712$1,125$(861)$1,193
Investing activities
Additions to property, plant and equipment(5)-(1,031)(480)(13)(1,529)
Net purchase of investments subject to significant influence, inclusive of acquisition costs---(213)-(213)
Other intercompany investing activities (708)(26)151,818(1,099)-
Other investing activities(34)-(20)323(19)
Net cash provided by (used in) investing activities(747)(26)(1,036)1,157(1,109)(1,761)
Financing activities
Change in short-term debt, net--365(13)-352
Proceeds from long-term debt, net of issuance costs--147(131)113129
Retirement of long-term debt--(413)(55)15(453)
Net borrowings (repayments) under committed credit facilities(30)-212336230
Issuance of common stock, net of issuance costs682-134(1,837)1,703682
Issuance of preferred stock, net of issuance costs---(195)195-
Dividends on common stock(287)--(272)272(287)
Dividends on preferred stock(28)-(29)(13)42(28)
Dividends paid by subsidiaries to non-controlling interest---(2)(4)(6)
Other financing activities 290-96(40)(372)(26)
Net cash provided by (used in) financing activities627-321(2,325)1,970593
Effect of exchange rate changes on cash and cash equivalents1(3)2(13)-(13)
Net increase (decrease) in cash and cash equivalents76(7)(1)(56)-12
Cash, cash equivalents and restricted cash, beginning of year2002849214-491
Cash, cash equivalents and restricted cash, end of year$276$21$48$158$-$503

Emera Incorporated
Condensed Consolidated Statements of Cash Flows
For the year ended December 31, 2016
ParentSubsidiary IssuerGuarantor SubsidiariesNon-guarantor SubsidiariesEliminationsConsolidated
millions of Canadian dollars
Net cash provided by (used in) operating activities$265$29$481$107$171$1,053
Investing activities
Acquisitions, net of cash acquired--(8,409)--(8,409)
Additions to property, plant and equipment(2)-(673)(405)-(1,080)
Net purchase of investments subject to significant influence, inclusive of acquisition costs---(276)-(276)
Net proceeds on sale of investment subject to significant influence and held-for-trading common shares665----665
Other intercompany investing activities(2,348)(4,416)(18)(2,397)9,179-
Other investing activities--(3)66-63
Net cash provided by (used in) investing activities(1,685)(4,416)(9,103)(3,012)9,179(9,037)
Financing activities
Change in short-term debt, net(14)-122(4)14118
Proceeds from long-term debt, net of issuance costs2,0374,1874,516764(5,081)6,423
Proceeds from convertible debentures represented by instalment receipts, net of issuance costs (44)--1,457-1,413
Retirement of long-term debt(250)-(6)(36)19(273)
Net borrowings (repayments) under committed credit facilities(210)--(99)(6)(315)
Issuance of common stock, net of issuance costs3542423,86595(4,202)354
Issuance of preferred stock, net of issuance costs--195-(195)-
Dividends on common stock(221)--(254)254(221)
Dividends on preferred stock(28)-(31)(18)49(28)
Dividends paid by subsidiaries to non-controlling interest---(2)(3)(5)
Other financing activities --(18)185(185)(18)
Net cash provided by (used in) financing activities1,6244,4298,6432,088(9,336)7,448
Effect of exchange rate changes on cash and cash equivalents(4)(14)7(54)-(65)
Net increase (decrease) in cash and cash equivalents2002828(871)14(601)
Cash, cash equivalents and restricted cash, beginning of year--211,085(14)1,092
Cash, cash equivalents and restricted cash, end of year$200$28$49$214$-$491
ParentSubsidiary IssuerGuarantor SubsidiariesNon-guarantor SubsidiariesEliminationsConsolidated
millions of Canadian dollars
Operating revenues$ - $ - $ 2,494$ 1,818$ (35)$ 4,277
Operating expenses 39 - 2,127 1,591 (35) 3,722
Income (loss) from operations (39) - 367 227 - 555
Income (loss) from equity investments in subsidiaries 150 - - - (150) -
Income from equity investments 18 - - 82 - 100
Intercompany income (expenses), net 203 101 (107) (151) (46) -
Other income (expenses), net 135 - 24 15 - 174
Interest expense, net 226 85 127 147 - 585
Income (loss) before provision for income taxes 241 16 157 26 (196) 244
Income tax expense (recovery) (14) 7 48 (63) - (22)
Net income (loss) 255 9 109 89 (196) 266
Non-controlling interest in subsidiaries - - - 7 4 11
Preferred stock dividends 28 - 31 19 (50) 28
Net income (loss) attributable to common shareholders$ 227$ 9$ 78$ 63$ (150)$ 227
Comprehensive income (loss) of Emera Incorporated$ 228$ 19$ 205$ 59$ (283)$ 228