XML 126 R105.htm IDEA: XBRL DOCUMENT v3.22.4
DEBT - Schedule of Debt (Details)
$ in Millions, $ in Billions
12 Months Ended
Dec. 31, 2022
CAD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
CAD ($)
Dec. 31, 2021
USD ($)
DEBT        
Total debt $ 80,980   $ 75,640  
Fair value adjustment 608   667  
Other (393)   (363)  
Current maturities (6,045)   (6,164)  
Short-term borrowings (1,996)   (1,515)  
Long-term debt 72,939   67,961  
Long-term debt $ 38,000 $ 31 $ 36,000 $ 31
Weighted average interest rate (as a percent) 4.50% 4.50% 0.50% 0.50%
US dollar senior notes | Enbridge Inc.        
DEBT        
Weighted average interest rate (percent) 3.50% 3.50%    
Total debt $ 12,060   $ 10,992  
Medium-term notes | Enbridge Gas Inc.        
DEBT        
Weighted average interest rate (percent) 4.10% 4.10%    
Total debt $ 9,535   9,010  
Medium-term notes | Enbridge Pipelines Inc.        
DEBT        
Weighted average interest rate (percent) 4.20% 4.20%    
Total debt $ 5,425   5,575  
Carrying value $ 100      
Medium-term notes | Westcoast Energy Inc.        
DEBT        
Weighted average interest rate (percent) 4.90% 4.90%    
Total debt $ 1,225   1,475  
Medium-term notes | Enbridge Inc.        
DEBT        
Weighted average interest rate (percent) 3.80% 3.80%    
Total debt $ 8,223   8,123  
Sustainability-linked bonds | Enbridge Inc.        
DEBT        
Weighted average interest rate (percent) 2.00% 2.00%    
Total debt $ 3,355   2,363  
Fixed-to-fixed subordinated term notes | Enbridge Inc.        
DEBT        
Weighted average interest rate (percent) 4.10% 4.10%    
Total debt $ 3,596   1,263  
Term of fixed rate 30 years      
Fixed-to-fixed subordinated term notes | Enbridge Inc. | Initial Period        
DEBT        
Term of fixed rate 5 years      
Fixed-to-fixed subordinated term notes | Enbridge Inc. | Subsequent period        
DEBT        
Term of fixed rate 10 years      
Fixed-to-floating rate subordinated term notes | Enbridge Inc.        
DEBT        
Weighted average interest rate (percent) 5.90% 5.90%    
Total debt $ 6,736   6,442  
Term of fixed rate 10 years      
Fixed-to-floating rate subordinated term notes | Enbridge Inc. | Initial Period        
DEBT        
Term of fixed rate 5 years      
Floating rate notes | Enbridge Inc.        
DEBT        
Total debt $ 1,491   1,579  
Commercial paper and credit facility draws | Enbridge (U.S.) Inc.        
DEBT        
Weighted average interest rate (percent) 4.50% 4.50%    
Total debt $ 4,199   4,845  
Commercial paper and credit facility draws | Enbridge Gas Inc.        
DEBT        
Weighted average interest rate (percent) 4.50% 4.50%    
Total debt $ 2,000   1,515  
Commercial paper and credit facility draws | Enbridge Pipelines Inc.        
DEBT        
Weighted average interest rate (percent) 4.60% 4.60%    
Total debt $ 312   667  
Commercial paper and credit facility draws | Enbridge Inc.        
DEBT        
Weighted average interest rate (percent) 4.80% 4.80%    
Total debt $ 7,984   7,837  
Senior notes | Enbridge Energy Partners, L.P.        
DEBT        
Weighted average interest rate (percent) 6.50% 6.50%    
Total debt $ 3,320   3,095  
Senior notes | Enbridge Pipelines (Southern Lights) L.L.C.        
DEBT        
Weighted average interest rate (percent) 4.00% 4.00%    
Total debt $ 921   949  
Senior notes | Enbridge Southern Lights LP        
DEBT        
Weighted average interest rate (percent) 4.00% 4.00%    
Total debt $ 222   240  
Senior notes | Spectra Energy Capital, LLC        
DEBT        
Weighted average interest rate (percent) 7.00% 7.00%    
Total debt $ 234   218  
Senior notes | Algonquin Gas Transmission, LLC        
DEBT        
Weighted average interest rate (percent) 3.30% 3.30%    
Total debt $ 1,152   1,074  
Senior notes | East Tennessee Natural Gas, LLC        
DEBT        
Weighted average interest rate (percent) 3.10% 3.10%    
Total debt $ 258   240  
Senior notes | Texas Eastern Transmission, LP        
DEBT        
Weighted average interest rate (percent) 3.30% 3.30%    
Total debt $ 3,455   3,095  
Senior notes | Spectra Energy Partners, LP        
DEBT        
Weighted average interest rate (percent) 4.30% 4.30%    
Total debt $ 4,336   4,042  
Senior notes | Tri Global Energy, LLC        
DEBT        
Weighted average interest rate (percent) 12.70% 12.70%    
Total debt $ 18   0  
Debentures | Enbridge Gas Inc.        
DEBT        
Weighted average interest rate (percent) 9.10% 9.10%    
Total debt $ 210   210  
Debentures | Enbridge Pipelines Inc.        
DEBT        
Weighted average interest rate (percent) 8.20% 8.20%    
Total debt $ 200   200  
Debentures | Westcoast Energy Inc.        
DEBT        
Weighted average interest rate (percent) 8.10% 8.10%    
Total debt $ 275   275  
Other | Enbridge (U.S.) Inc.        
DEBT        
Total debt 7   7  
Other | Enbridge Gas Inc.        
DEBT        
Total debt 1   0  
Other | Enbridge Inc.        
DEBT        
Total debt $ 15   $ 5  
Minimum | SOFR | Floating rate notes | Enbridge Inc.        
DEBT        
Basis spread on variable rate (as a percent) 0.40%      
Maximum | SOFR | Floating rate notes | Enbridge Inc.        
DEBT        
Basis spread on variable rate (as a percent) 0.63%