COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

3 Months Ended

Mar. 31, 2024

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 (AOCI) attributable to our common shareholders for the three months ended March 31, 2024 and 2023 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, 2024	320	(23)	(728)	2,653	11	70	2,303
Other comprehensive income/(loss) retained in AOCI	144	(15)	(377)	1,629	(1)	—	1,380
Other comprehensive (income)/loss reclassified to earnings
Foreign exchange contracts1	—	19	—	—	—	—	19
Amortization of pension and OPEB actuarial gain2	—	—	—	—	—	(5)	(5)
	144	4	(377)	1,629	(1)	(5)	1,394
Tax impact
Income tax on amounts retained in AOCI	(34)	4	—	—	—	—	(30)
Income tax on amounts reclassified to earnings	—	(4)	—	—	—	1	(3)
	(34)	—	—	—	—	1	(33)
Balance as at March 31, 2024	430	(19)	(1,105)	4,282	10	66	3,664

	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	(90)	7	15	(57)	—	—	(125)
Other comprehensive (income)/loss reclassified to earnings
Interest rate contracts3	8	—	—	—	—	—	8
Other contracts4	1	—	—	—	—	—	1
Amortization of pension and OPEB actuarial gain2	—	—	—	—	—	(5)	(5)
	(81)	7	15	(57)	—	(5)	(121)
Tax impact
Income tax on amounts retained in AOCI	28	—	—	—	—	—	28
Income tax on amounts reclassified to earnings	(2)	—	—	—	—	1	(1)
	26	—	—	—	—	1	27
Balance as at March 31, 2023	66	(28)	(1,122)	4,291	5	214	3,426

1Reported within Transportation and other services revenues and Other income/(expense) in the Consolidated Statements of Earnings.

2These components are included in the computation of net periodic benefit credit and are reported within Other income/(expense) in the Consolidated Statements of Earnings.

3Reported within Interest expense in the Consolidated Statements of Earnings.

4Reported within Operating and administrative expense in the Consolidated Statements of Earnings.