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REVENUE (Tables)
 6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Major Products and Services
Three months ended
June 30, 2024		Liquids PipelinesGas TransmissionGas Distribution and StorageRenewable Power GenerationEliminations and OtherConsolidated
(millions of Canadian dollars)      
Transportation revenue2,986 1,290 469 — — 4,745 
Storage and other revenue65 135 127 — — 327 
Gas distribution revenue— — 773 — — 773 
Electricity revenue— — — 44 — 44 
Commodity sales
— 38 — — — 38 
Total revenue from contracts with customers
3,051 1,463 1,369 44 — 5,927 
Commodity sales5,036 11 — — 206 5,253 
Other revenue1,2
71 13 13 59 — 156 
Intersegment revenue— 5 2 3 (10)— 
Total revenue8,158 1,492 1,384 106 196 11,336 

Three months ended
June 30, 2023		Liquids PipelinesGas TransmissionGas Distribution and StorageRenewable Power GenerationEliminations and OtherConsolidated
(millions of Canadian dollars)      
Transportation revenue3,002 1,290 169 — — 4,461 
Storage and other revenue62 113 85 — — 260 
Gas distribution revenue— — 796 — — 796 
Electricity revenue— — — 75 — 75 
Total revenue from contracts with customers
3,064 1,403 1,050 75 — 5,592 
Commodity sales4,404 — — — 275 4,679 
Other revenue1,2
79 7 (1)76 — 161 
Intersegment revenue— — 1 (1)— — 
Total revenue7,547 1,410 1,050 150 275 10,432 
Six months ended
June 30, 2024		Liquids PipelinesGas TransmissionGas Distribution and StorageRenewable Power Generation Eliminations and OtherConsolidated
(millions of Canadian dollars)      
Transportation revenue6,010 2,631 820 — — 9,461 
Storage and other revenue127 273 226 — — 626 
Gas distribution revenue— — 2,439 — — 2,439 
Electricity revenue— — — 101 — 101 
Commodity sales
— 78 — — — 78 
Total revenue from contracts with customers
6,137 2,982 3,485 101 — 12,705 
Commodity sales8,769 52 — — 537 9,358 
Other revenue1,2
134 19 26 132 — 311 
Intersegment revenue— 11 4 4 (19)— 
Total revenue15,040 3,064 3,515 237 518 22,374 
Six months ended
June 30, 2023		Liquids PipelinesGas TransmissionGas Distribution and StorageRenewable Power GenerationEliminations and OtherConsolidated
(millions of Canadian dollars)      
Transportation revenue5,944 2,674 445 — — 9,063 
Storage and other revenue126 208 184 — — 518 
Gas distribution revenue— — 3,083 — — 3,083 
Electricity revenue— — — 141 — 141 
Total revenue from contracts with customers
6,070 2,882 3,712 141 — 12,805 
Commodity sales8,666 — — — 796 9,462 
Other revenue1,2
109 18 (41)154 — 240 
Intersegment revenue— 1 4 (1)(4)— 
Total revenue14,845 2,901 3,675 294 792 22,507 
1Includes realized and unrealized gains and losses from our hedging program which for the three months ended June 30, 2024 were a net $17 million loss (2023 - $3 million gain) and for the six months ended June 30, 2024 were a net $39 million loss (2023 - $52 million loss).
2Includes revenues from lease contracts for the three months ended June 30, 2024 and 2023 of $142 million and $136 million, respectively, and for the six months ended June 30, 2024 and 2023 of $282 million and $280 million, respectively.
Recognition and Measurement of Revenues
Three months ended June 30, 2024Liquids PipelinesGas TransmissionGas Distribution and StorageRenewable Power Generation Consolidated
(millions of Canadian dollars)    
Revenues from products transferred at a point in time
— 38 33 — 71 
Revenues from products and services transferred over time1
3,051 1,425 1,336 44 5,856 
Total revenue from contracts with customers
3,051 1,463 1,369 44 5,927 
Three months ended June 30, 2023Liquids PipelinesGas TransmissionGas Distribution and StorageRenewable Power GenerationConsolidated
(millions of Canadian dollars)
Revenues from products transferred at a point in time— — 37 — 37 
Revenues from products and services transferred over time1
3,064 1,403 1,013 75 5,555 
Total revenue from contracts with customers3,064 1,403 1,050 75 5,592 
Six months ended June 30, 2024Liquids PipelinesGas TransmissionGas Distribution and StorageRenewable Power GenerationConsolidated
(millions of Canadian dollars)
Revenues from products transferred at a point in time— 78 62 — 140 
Revenues from products and services transferred over time1
6,137 2,904 3,423 101 12,565 
Total revenue from contracts with customers6,137 2,982 3,485 101 12,705 
Six months ended June 30, 2023Liquids PipelinesGas TransmissionGas Distribution and StorageRenewable Power GenerationConsolidated
(millions of Canadian dollars)
Revenues from products transferred at a point in time— — 67 — 67 
Revenues from products and services transferred over time1
6,070 2,882 3,645 141 12,738 
Total revenue from contracts with customers6,070 2,882 3,712 141 12,805 
1Revenue from crude oil and natural gas pipeline transportation, storage, natural gas gathering, compression and treating, natural gas distribution, natural gas storage services and electricity sales.
Schedule of Contract Balances
Contract Balances
Contract ReceivablesContract AssetsContract Liabilities
(millions of Canadian dollars)
Balance as at June 30, 20242,190 333 2,620 
Balance as at December 31, 20232,802 400 2,591