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

9 Months Ended

Sep. 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 nine months ended September 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	447	11	42	(128)	8	—	380
Other comprehensive loss/(income) reclassified to earnings
Interest rate contracts1	63	—	—	—	—	—	63
Other contracts2	1	—	—	—	—	—	1
Amortization of pension and OPEB actuarial gain3	—	—	—	—	—	(16)	(16)
	511	11	42	(128)	8	(16)	428
Tax impact
Income tax on amounts retained in AOCI	(117)	—	—	—	(1)	—	(118)
Income tax on amounts reclassified to earnings	(6)	—	—	—	—	3	(3)
	(123)	—	—	—	(1)	3	(121)
Balance as at September 30, 2023	509	(24)	(1,095)	4,220	12	205	3,827

	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	1,073	(38)	(1,187)	5,168	(6)	—	5,010
Other comprehensive loss/(income) reclassified to earnings
Interest rate contracts1	187	—	—	—	—	—	187
Foreign exchange contracts4	(4)	—	—	—	—	—	(4)
Other contracts2	3	—	—	—	—	—	3
Amortization of pension and OPEB actuarial gain3	—	—	—	—	—	(9)	(9)
Other	—	—	—	—	16	—	16
	1,259	(38)	(1,187)	5,168	10	(9)	5,203
Tax impact
Income tax on amounts retained in AOCI	(242)	—	—	—	(1)	—	(243)
Income tax on amounts reclassified to earnings	(41)	—	—	—	—	2	(39)
	(283)	—	—	—	(1)	2	(282)
Balance as at September 30, 2022	79	(38)	(1,353)	5,224	4	(91)	3,825

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

2Reported within Operating and administrative expense in the Consolidated Statements of Earnings.

3These components are included in the computation of net periodic benefit credit and are reported within Other income/(expense) in the Consolidated Statements of Earnings.

4Reported within Transportation and other services revenues and Other income/(expense) in the Consolidated Statements of Earnings.