XML 81 R34.htm IDEA: XBRL DOCUMENT v3.10.0.1
Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2018
Related Party Transactions [Abstract]  
Schedule of related party transactions
Activity associated with the Company’s related party arrangements for the years ended December 31, 2018, 2017, and 2016 is summarized below:
Expenses with related parties
Year ended December 31,
(in millions)
2018
 
2017
 
2016
Cost of materials and other

 
 
 
 
 
Joint Venture Transportation Agreement:
 
 
 
 
 
Enable JV
$
8

 
$
2

 
$

 
 
 
 
 
 
Payments made
 
 
 
 
 
Dividends (1)
179

 
$
142

 
142

Tax Allocation Agreement with AEP
12

 
15

 
45

Amounts due to/from related parties
 
 
 
(in millions)
December 31, 2018
 
December 31, 2017
Accounts Receivable (Payable)
 
 
 
Tax Allocation Agreement with AEP
$
4

 
$
5

_____________________________
(1) See below for a summary of the dividends paid to IEP for the periods ended December 31, 2018, 2017, and 2016.

Schedule of dividends paid
The following is a summary of the quarterly and special dividends paid to stockholders, including IEP and its affiliates during the years ended December 31, 2018 and 2017:
(in millions)
December 31, 2017
 
March 31, 2018
 
June 30, 2018
 
September 30, 2018
 
Total Dividends
 Paid in 2018
Amount paid to IEP
$
36

 
$
36

 
$
53

 
$
54

 
$
179

Amounts paid to public stockholders
7

 
8

 
22

 
22

 
59

Total amount paid
$
43

 
$
44

 
$
75

 
$
76

 
$
238

 
 
 
 
 
 
 
 
 
 
Per common share
$
0.50

 
$
0.50

 
$
0.75

 
$
0.75

 
$
2.50

(in millions)
December 31, 2016
 
March 31, 2017
 
June 30, 2017
 
September 30, 2017
 
Total Dividends
Paid in 2017
Amount paid to IEP
$
35

 
$
36

 
$
35

 
$
36

 
$
142

Amounts paid to public stockholders
8

 
8

 
8

 
8

 
32

Total amount paid
$
43

 
$
44

 
$
43

 
$
44

 
$
174

 
 
 
 
 
 
 
 
 
 
Per common share
$
0.50

 
$
0.50

 
$
0.50

 
$
0.50

 
$
2.00

(in millions)
December 31, 2015
 
March 31, 2016
 
June 30, 2016
 
September 30, 2016
 
Total Dividends
Paid in 2016
Amount paid to IEP
$
35

 
$
36

 
$
35

 
$
36

 
$
142

Amounts paid to public stockholders
8

 
8

 
8

 
8

 
32

Total amount paid
$
43

 
$
44

 
$
43

 
$
44

 
$
174

 
 
 
 
 
 
 
 
 
 
Per common share
$
0.50

 
$
0.50

 
$
0.50

 
$
0.50

 
$
2.00