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CONSOLIDATED STATEMENTS OF EARNINGS - CAD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating revenues        
Total operating revenues $ 11,598 $ 11,345 $ 37,717 $ 34,816
Operating expenses        
Operating and administrative 1,741 1,652 5,061 4,929
Depreciation and amortization 844 799 2,526 2,452
Impairment of long-lived assets 105 4 105 1,076
Impairment of goodwill 0 1,019 0 1,019
Total operating expenses 10,010 10,491 31,225 31,513
Operating income/(loss) 1,588 854 6,492 3,303
Income from equity investments 333 378 1,159 1,076
Other income/(expense)        
Net foreign currency (loss)/gain (43) 57 311 (171)
Other 81 (33) 192 61
Interest expense (644) (696) (1,966) (2,042)
Earnings before income taxes 1,315 560 6,188 2,227
Income tax expense (Note 12) (255) (347) (1,275) (177)
Earnings 1,060 213 4,913 2,050
Earnings attributable to noncontrolling interests and redeemable noncontrolling interests (15) (209) (50) (352)
Earnings attributable to controlling interests 1,045 4 4,863 1,698
Preference share dividends (96) (94) (287) (272)
Earnings/(loss) attributable to common shareholders $ 949 $ (90) $ 4,576 $ 1,426
Earnings/(loss) per common share attributable to common shareholders (Note 5) (in Canadian dollars per share) $ 0.47 $ (0.05) $ 2.27 $ 0.84
Diluted earnings/(loss) per common share attributable to common shareholders (Note 5) (in Canadian dollars per share) $ 0.47 $ (0.05) $ 2.27 $ 0.84
Commodity sales        
Operating revenues        
Total operating revenues $ 7,396 $ 6,919 $ 22,444 $ 20,638
Operating expenses        
Cost of goods and services sold 7,216 6,905 21,910 20,180
Gas distribution revenue        
Operating revenues        
Total operating revenues 454 478 3,085 3,260
Operating expenses        
Cost of goods and services sold 104 112 1,623 1,857
Transportation and other services        
Operating revenues        
Total operating revenues $ 3,748 $ 3,948 $ 12,188 $ 10,918