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CONSOLIDATED STATEMENTS OF EARNINGS - CAD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating revenues        
Total operating revenues (Note 3) $ 10,745 $ 11,116 $ 23,471 $ 22,262
Operating expenses        
Commodity costs 6,278 6,489 13,275 13,039
Gas distribution costs 421 429 1,745 1,444
Operating and administrative 1,636 1,646 3,277 3,197
Depreciation and amortization 829 868 1,653 1,540
Asset impairment (Note 6) 10 0 1,072 0
Total operating expenses 9,174 9,432 21,022 19,220
Operating income 1,571 1,684 2,449 3,042
Income from equity investments 363 236 698 472
Other income/(expense)        
Net foreign currency gain/(loss) (43) 112 (228) 107
Other 29 67 94 107
Interest expense (690) (565) (1,346) (1,051)
Earnings before income taxes 1,230 1,534 1,667 2,677
Income tax recovery/(expense) (Note 12) 97 (293) 170 (491)
Earnings 1,327 1,241 1,837 2,186
Earnings attributable to noncontrolling interests and redeemable noncontrolling interests (167) (241) (143) (465)
Earnings attributable to controlling interests 1,160 1,000 1,694 1,721
Preference share dividends (89) (81) (178) (164)
Earnings attributable to common shareholders $ 1,071 $ 919 $ 1,516 $ 1,557
Earnings per common share attributable to common shareholders (Note 5) (in Canadian dollars per share) $ 0.63 $ 0.56 $ 0.90 $ 1.11
Diluted earnings per common share attributable to common shareholders (Note 5) (in Canadian dollars per share) $ 0.63 $ 0.56 $ 0.90 $ 1.10
Commodity sales        
Operating revenues        
Total operating revenues (Note 3) $ 6,451 $ 6,620 $ 13,719 $ 13,486
Gas Distribution Revenue        
Operating revenues        
Total operating revenues (Note 3) 856 847 2,782 2,210
Transportation and other services revenues        
Operating revenues        
Total operating revenues (Note 3) $ 3,438 $ 3,649 $ 6,970 $ 6,566