v3.26.1
RELATED PARTY TRANSACTIONS (Tables)
 6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
June 30,December 31,
(In millions of USD)20262025
Statements of financial position activity:
Accounts receivable from Fortis and Fortis affiliates$1 $1 
Accounts payable to Fortis and Fortis affiliates5 — 
Net income tax receivable from ITC Investment Holdings (a)6 2 
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(a)Recorded in prepaid and other current assets on the condensed consolidated statements of financial position.
Three Months EndedSix Months Ended
June 30,June 30,
(In millions of USD)2026202520262025
Statements of comprehensive income activity:
Billed from Fortis and Fortis affiliates (a)$5 $5 $9 $9 
Billed to Fortis and Fortis affiliates (b)— 1 2 2 
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(a)Recorded in general and administrative expenses in the condensed consolidated statements of comprehensive income.
(b)Recorded as an offset to general and administrative expenses in the condensed consolidated statements of comprehensive income.