SEGMENTED INFORMATION

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

SEGMENTED INFORMATION

SEGMENTED INFORMATION

Segmented information for the years ended December 31, 2022, 2021 and 2020 is as follows:

Year ended December 31, 2022	Liquids Pipelines	Gas Transmission and Midstream	Gas Distribution and Storage	Renewable Power Generation	Energy Services	Eliminations and Other	Consolidated
(millions of Canadian dollars)
Revenues (Note 4)	12,052	5,426	6,729	582	29,175	(655)	53,309
Commodity and gas distribution costs	—	—	(3,693)	(16)	(29,525)	645	(32,589)
Operating and administrative	(4,287)	(2,254)	(1,289)	(255)	(49)	(85)	(8,219)
Impairment of long-lived assets	(245)	—	—	(235)	(13)	(48)	(541)
Impairment of goodwill (Note 16)	—	(2,465)	—	—	—	—	(2,465)
Income/(loss) from equity investments (Note 13)	785	1,133	1	141	—	(4)	2,056
Gain on joint venture merger transaction (Note 13)	—	1,076	—	—	—	—	1,076
Other income/(expense) (Note 28)	59	210	79	45	(5)	(977)	(589)
Earnings/(loss) before interest, income taxes and depreciation and amortization	8,364	3,126	1,827	262	(417)	(1,124)	12,038
Depreciation and amortization							(4,317)
Interest expense (Note 18)							(3,179)
Income tax expense (Note 25)							(1,604)
Earnings							2,938
Capital expenditures1	1,418	1,690	1,499	50	—	33	4,690
Total property, plant and equipment, net (Note 11)	53,567	29,666	17,857	3,082	6	282	104,460

Year ended December 31, 2021	Liquids Pipelines	Gas Transmission and Midstream	Gas Distribution and Storage	Renewable Power Generation	Energy Services	Eliminations and Other	Consolidated
(millions of Canadian dollars)
Revenues (Note 4)	10,581	4,711	4,980	512	26,917	(630)	47,071
Commodity and gas distribution costs	(25)	—	(2,147)	—	(27,174)	644	(28,702)
Operating and administrative	(3,431)	(1,877)	(1,143)	(180)	(48)	(33)	(6,712)
Income/(loss) from equity investments (Note 13)	759	813	42	101	—	(4)	1,711
Impairment of equity investments (Note 13)	—	(111)	—	—	—	—	(111)
Other income/(expense) (Note 28)	13	135	385	75	(8)	379	979
Earnings/(loss) before interest, income taxes and depreciation and amortization	7,897	3,671	2,117	508	(313)	356	14,236
Depreciation and amortization							(3,852)
Interest expense (Note 18)							(2,655)
Income tax expense (Note 25)							(1,415)
Earnings							6,314
Capital expenditures1	4,051	2,420	1,343	16	1	54	7,885
Total property, plant and equipment, net (Note 11)	52,530	27,028	16,904	3,315	23	267	100,067

    

Year ended December 31, 2020	Liquids Pipelines	Gas Transmission and Midstream	Gas Distribution and Storage	Renewable Power Generation	Energy Services	Eliminations and Other	Consolidated
(millions of Canadian dollars)
Revenues (Note 4)	10,423	4,870	4,569	587	19,283	(645)	39,087
Commodity and gas distribution costs	(20)	—	(1,810)	(2)	(19,450)	613	(20,669)
Operating and administrative	(3,331)	(1,859)	(1,091)	(191)	(67)	(210)	(6,749)
Income/(loss) from equity investments (Note 13)	558	479	9	94	(3)	(1)	1,136
Impairment of equity investments (Note 13)	—	(2,351)	—	—	—	—	(2,351)
Other income/(expense) (Note 28)	53	(52)	71	35	1	130	238
Earnings/(loss) before interest, income taxes and depreciation and amortization	7,683	1,087	1,748	523	(236)	(113)	10,692
Depreciation and amortization							(3,712)
Interest expense (Note 18)							(2,790)
Income tax expense (Note 25)							(774)
Earnings							3,416
Capital expenditures1	2,033	2,130	1,134	81	2	90	5,470
Total property, plant and equipment, net	48,799	25,745	16,079	3,495	24	429	94,571

1Includes allowance for equity funds used during construction.

The measurement basis for preparation of segmented information is consistent with the significant accounting policies (Note 2).

GEOGRAPHIC INFORMATION

Revenues1

Year ended December 31,	2022	2021	2020
(millions of Canadian dollars)
Canada	27,498	20,474	16,453
US	25,811	26,597	22,634
	53,309	47,071	39,087

1Revenues are based on the country of origin of the product or service sold.

Property, Plant and Equipment1

December 31,	2022	2021
(millions of Canadian dollars)
Canada	47,602	47,102
US	56,858	52,965
	104,460	100,067

1Amounts are based on the location where the assets are held.