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CONSOLIDATED STATEMENTS OF EARNINGS - CAD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating revenues        
Total operating revenues $ 10,948 $ 7,956 $ 23,085 $ 19,969
Operating expenses        
Operating and administrative 1,484 1,801 3,043 3,401
Depreciation and amortization 929 949 1,861 1,831
Total operating expenses 9,132 5,858 18,771 16,358
Operating income/(loss) 1,816 2,098 4,314 3,611
Income from equity investments 352 327 747 490
Impairment of equity investments (Note 8) 0 0 0 (1,736)
Other income/(expense)        
Net foreign currency gain/(loss) 159 526 311 (430)
Other 82 98 191 (93)
Interest expense (618) (681) (1,275) (1,387)
Earnings before income taxes 1,791 2,368 4,288 455
Income tax expense (Note 10) (270) (591) (753) (42)
Earnings 1,521 1,777 3,535 413
Earnings attributable to noncontrolling interests (37) (36) (59) (5)
Earnings attributable to controlling interests 1,484 1,741 3,476 408
Preference share dividends (90) (94) (182) (190)
Earnings attributable to common shareholders $ 1,394 $ 1,647 $ 3,294 $ 218
Earnings per common share attributable to common shareholders (in Canadian dollars per share) $ 0.69 $ 0.82 $ 1.63 $ 0.11
Diluted earnings per common share attributable to common shareholders (in Canadian dollars per share) $ 0.69 $ 0.82 $ 1.63 $ 0.11
Commodity sales        
Operating revenues        
Total operating revenues $ 6,334 $ 2,936 $ 12,763 $ 10,325
Operating expenses        
Commodity costs and Gas distribution costs 6,430 2,858 12,628 10,021
Transportation and other services        
Operating revenues        
Total operating revenues 3,877 4,326 8,045 7,534
Gas distribution revenue        
Operating revenues        
Total operating revenues 737 694 2,277 2,110
Operating expenses        
Commodity costs and Gas distribution costs $ 289 $ 250 $ 1,239 $ 1,105