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CONSOLIDATED STATEMENTS OF EARNINGS
$ in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
CAD ($)
$ / shares
Sep. 30, 2022
CAD ($)
$ / shares
Sep. 30, 2023
CAD ($)
$ / shares
Sep. 30, 2022
CAD ($)
$ / shares
Operating revenues        
Total operating revenues $ 9,844 $ 11,573 $ 32,351 $ 39,885
Operating expenses        
Operating and administrative 2,055 2,089 6,120 5,958
Depreciation and amortization 1,164 1,076 3,447 3,195
Total operating expenses 8,050 9,795 25,545 34,167
Operating income 1,794 1,778 6,806 5,718
Income from equity investments 343 536 1,338 1,537
Gain on joint venture merger transaction 0 1,076 0 1,076
Other income/(expense)        
Other income/(expense) (465) (883) 212 (924)
Interest expense (921) (806) (2,709) (2,316)
Earnings before income taxes 751 1,701 5,647 5,091
Income tax expense (128) (318) (1,157) (1,044)
Earnings 623 1,383 4,490 4,047
Earnings attributable to noncontrolling interests (2) (21) (117) (61)
Earnings attributable to controlling interests 621 1,362 4,373 3,986
Preference share dividends (89) (83) (260) (330)
Earnings attributable to common shareholders $ 532 $ 1,279 $ 4,113 $ 3,656
Earnings per common share attributable to common shareholders (in Canadian dollars per share) | $ / shares $ 0.26 $ 0.63 $ 2.02 $ 1.80
Diluted earnings per common share attributable to common shareholders (in Canadian dollars per share) | $ / shares $ 0.26 $ 0.63 $ 2.02 $ 1.80
Commodity sales        
Operating revenues        
Total operating revenues $ 4,652 $ 6,415 $ 14,114 $ 22,880
Operating expenses        
Commodity costs and gas distribution costs 4,648 6,300 13,833 22,772
Gas distribution sales        
Operating revenues        
Total operating revenues 516 695 3,587 3,698
Operating expenses        
Commodity costs and gas distribution costs 183 330 2,145 2,242
Transportation and other services        
Operating revenues        
Total operating revenues $ 4,676 $ 4,463 $ 14,650 $ 13,307