DEBT (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Credit Facilities

The following table provides details of our committed credit facilities as at March 31, 2024:

	Maturity1	Total Facilities	Draws2	Available
(millions of Canadian dollars)
Enbridge Inc.	2024-2049	9,036	5,690	3,346
Enbridge (U.S.) Inc.	2025-2028	8,594	3,681	4,913
Enbridge Pipelines Inc.	2025	2,000	728	1,272
Enbridge Gas Inc.	2025	2,500	335	2,165
Total committed credit facilities		22,130	10,434	11,696

1Maturity date is inclusive of the one-year term out option for certain credit facilities.

2Includes facility draws and commercial paper issuances that are back-stopped by credit facilities.

Schedule of Repayment of Debt

During the three months ended March 31, 2024, we completed the following long-term debt repayments totaling US$2.7 billion and $0.2 billion:

Company	Repayment Date			Principal Amount
(millions of Canadian dollars, unless otherwise stated)
Enbridge Inc.
	February 2024	Floating rate notes1		US$600
	February 2024	2.15%	senior notes	US$400
	March 2024	5.97%	senior notes2	US$700
Enbridge Pipelines Inc.
	February 2024	8.20%	debentures	$200
Enbridge Southern Lights LP
	January 2024	4.01%	senior notes	$10
Spectra Energy Partners, LP
	March 2024	4.75%	senior notes	US$1,000

1The notes carried an interest rate set to equal the Secured Overnight Financing Rate plus a margin of 63 basis points.

2The notes carried an original maturity date in March 2026, and were callable one year after their issuance, in March 2024.

Schedule of Amortization of Fair Value Adjustment

Amortization of the fair value adjustment is recorded as an increase to Interest expense in the Consolidated Statements of Earnings:

	Three months ended March 31,
	2024	2023
(millions of Canadian dollars)
Amortization of fair value adjustment	12	11