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CONSOLIDATED STATEMENTS OF EARNINGS - CAD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating revenues        
Total operating revenues (Note 3) $ 11,336 $ 10,432 $ 22,374 $ 22,507
Operating expenses        
Operating and administrative 2,308 2,028 4,442 4,065
Depreciation and amortization 1,273 1,137 2,466 2,283
Total operating expenses 9,063 8,082 17,390 17,495
Operating income 2,273 2,350 4,984 5,012
Income from equity investments 489 478 1,185 995
Gain on disposition of equity investments 1,091 0 1,091 0
Other income (expense) (31) 575 (582) 677
Interest expense (1,082) (883) (1,987) (1,788)
Earnings before income taxes 2,740 2,520 4,691 4,896
Income tax expense (739) (519) (1,125) (1,029)
Earnings 2,001 2,001 3,566 3,867
Earnings attributable to noncontrolling interests (58) (66) (111) (115)
Earnings attributable to controlling interests 1,943 1,935 3,455 3,752
Preference share dividends (95) (87) (188) (171)
Earnings attributable to common shareholders $ 1,848 $ 1,848 $ 3,267 $ 3,581
Earnings per common share attributable to common shareholders (in Canadian dollars per share) $ 0.86 $ 0.91 $ 1.53 $ 1.77
Diluted earnings per common share attributable to common shareholders (in Canadian dollars per share) $ 0.86 $ 0.91 $ 1.53 $ 1.77
Commodity sales        
Operating revenues        
Total operating revenues (Note 3) $ 5,291 $ 4,679 $ 9,436 $ 9,462
Operating expenses        
Commodity costs and gas distribution costs 5,173 4,549 9,179 9,185
Gas distribution sales        
Operating revenues        
Total operating revenues (Note 3) 780 792 2,479 3,071
Operating expenses        
Commodity costs and gas distribution costs 309 368 1,303 1,962
Transportation and other services        
Operating revenues        
Total operating revenues (Note 3) $ 5,265 $ 4,961 $ 10,459 $ 9,974