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CONSOLIDATED STATEMENTS OF EARNINGS
$ in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
CAD ($)
$ / shares
Sep. 30, 2021
CAD ($)
$ / shares
Sep. 30, 2022
CAD ($)
$ / shares
Sep. 30, 2021
CAD ($)
$ / shares
Operating revenues        
Total operating revenues $ 11,573 $ 11,466 $ 39,885 $ 34,551
Operating expenses        
Operating and administrative 2,089 1,667 5,958 4,710
Depreciation and amortization 1,076 944 3,195 2,805
Total operating expenses 9,795 10,078 34,167 28,849
Operating income 1,778 1,388 5,718 5,702
Income from equity investments 536 440 1,537 1,187
Impairment of equity investments 0 111 0 111
Other income/(expense)        
Net foreign currency gain/(loss) (1,023) (165) (1,235) 146
Gain on joint venture merger transaction 1,076 0 1,076 0
Other 140 109 311 300
Interest expense (806) (648) (2,316) (1,923)
Earnings before income taxes 1,701 1,013 5,091 5,301
Income tax expense (318) (199) (1,044) (952)
Earnings 1,383 814 4,047 4,349
Earnings attributable to noncontrolling interests (21) (34) (61) (93)
Earnings attributable to controlling interests 1,362 780 3,986 4,256
Preference share dividends (83) (98) (330) (280)
Earnings attributable to common shareholders $ 1,279 $ 682 $ 3,656 $ 3,976
Earnings per common share attributable to common shareholders (in Canadian dollars per share) | $ / shares $ 0.63 $ 0.34 $ 1.80 $ 1.97
Diluted earnings per common share attributable to common shareholders (in Canadian dollars per share) | $ / shares $ 0.63 $ 0.34 $ 1.80 $ 1.96
Commodity sales        
Operating revenues        
Total operating revenues $ 6,415 $ 7,279 $ 22,880 $ 20,042
Operating expenses        
Commodity costs and Gas distribution costs 6,300 7,347 22,772 19,975
Gas distribution sales        
Operating revenues        
Total operating revenues 695 492 3,698 2,769
Operating expenses        
Commodity costs and Gas distribution costs 330 120 2,242 1,359
Transportation and other services        
Operating revenues        
Total operating revenues $ 4,463 $ 3,695 $ 13,307 $ 11,740