COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Tables)

6 Months Ended

Jun. 30, 2023

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Schedule of Changes in AOCI Attributable to Enbridge, Inc. Common Shareholders

Changes in Accumulated other comprehensive income/(loss) (AOCI) attributable to our common shareholders for the six months ended June 30, 2023 and 2022 are as follows:

	Cash Flow Hedges	Excluded Components of Fair Value Hedges	Net Investment Hedges	Cumulative Translation Adjustment	Equity Investees	Pension and OPEB Adjustment	Total
(millions of Canadian dollars)
Balance as at January 1, 2023	121	(35)	(1,137)	4,348	5	218	3,520
Other comprehensive income/(loss) retained in AOCI	126	9	400	(1,482)	—	—	(947)
Other comprehensive loss/(income) reclassified to earnings
Interest rate contracts1	23	—	—	—	—	—	23
Commodity contracts2	(1)	—	—	—	—	—	(1)
Other contracts3	1	—	—	—	—	—	1
Amortization of pension and OPEB actuarial gain4	—	—	—	—	—	(10)	(10)
	149	9	400	(1,482)	—	(10)	(934)
Tax impact
Income tax on amounts retained in AOCI	(23)	—	—	—	—	—	(23)
Income tax on amounts reclassified to earnings	(4)	—	—	—	—	2	(2)
	(27)	—	—	—	—	2	(25)
Balance as at June 30, 2023	243	(26)	(737)	2,866	5	210	2,561

	Cash Flow Hedges	Excluded Components of Fair Value Hedges	Net Investment Hedges	Cumulative Translation Adjustment	Equity Investees	Pension and OPEB Adjustment	Total
(millions of Canadian dollars)
Balance as at January 1, 2022	(897)	—	(166)	56	(5)	(84)	(1,096)
Other comprehensive income/(loss) retained in AOCI	854	(5)	(253)	1,136	—	—	1,732
Other comprehensive loss/(income) reclassified to earnings
Interest rate contracts1	142	—	—	—	—	—	142
Foreign exchange contracts5	(4)	—	—	—	—	—	(4)
Other contracts3	2	—	—	—	—	—	2
Amortization of pension and OPEB actuarial gain4	—	—	—	—	—	(6)	(6)
	994	(5)	(253)	1,136	—	(6)	1,866
Tax impact
Income tax on amounts retained in AOCI	(202)	—	—	—	—	—	(202)
Income tax on amounts reclassified to earnings	(31)	—	—	—	—	1	(30)
	(233)	—	—	—	—	1	(232)
Balance as at June 30, 2022	(136)	(5)	(419)	1,192	(5)	(89)	538

1Reported within Interest expense in the Consolidated Statements of Earnings.

2Reported within Transportation and other services revenues in the Consolidated Statements of Earnings.

3Reported within Operating and administrative expense in the Consolidated Statements of Earnings.

4These components are included in the computation of net periodic benefit credit and are reported within Other income/(expense) in the Consolidated Statements of Earnings.

5Reported within Transportation and other services revenues and Other income/(expense) in the Consolidated Statements of Earnings.