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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - CAD ($)
$ in Millions
Total
Total Enbridge Inc. shareholders’ equity
Preference shares
Common shares
Additional paid-in capital
Deficit
Accumulated other comprehensive income (Note 9)
Noncontrolling interests
Balance at the beginning of the period at Dec. 31, 2022     $ 6,818 $ 64,760 $ 275 $ (15,486) $ 3,520 $ 3,511
Increase (Decrease) in Stockholders' Equity                
Shares issued, net of issue costs (Note 8)       0        
Shares issued on exercise of stock options       2 (2)      
Shares issued on vesting of restricted stock units (RSU), net of tax       12 (20)      
Share repurchases at stated value       (80)        
Stock-based compensation         38      
Earnings attributable to controlling interests $ 3,752         3,752    
Preference share dividends           (171)    
Common share dividends declared           (1,796)    
Share repurchases in excess of stated value           (45)    
Other comprehensive income/(loss) attributable to common shareholders, net of tax             (959)  
Earnings attributable to noncontrolling interests               115
Change in unrealized gain on cash flow hedges               18
Foreign currency translation adjustments               (35)
Other comprehensive income/(loss) attributable to noncontrolling interests, net of tax               (17)
Comprehensive income attributable to noncontrolling interests (98)             98
Distributions               (195)
Contributions               8
Other               (2)
Balance at the end of the period at Jun. 30, 2023 $ 64,038 $ 60,618 6,818 64,694 291 (13,746) 2,561 3,420
Increase (Decrease) in Stockholders' Equity                
Dividends paid per common share (in CAD per share) $ 1.78              
Balance at the beginning of the period at Mar. 31, 2023       64,774 274 (13,753) 3,426 3,486
Increase (Decrease) in Stockholders' Equity                
Shares issued, net of issue costs (Note 8)       0        
Shares issued on exercise of stock options       0 (1)      
Shares issued on vesting of restricted stock units (RSU), net of tax       0 0      
Share repurchases at stated value       (80)        
Stock-based compensation         18      
Earnings attributable to controlling interests $ 1,935         1,935    
Preference share dividends           (87)    
Common share dividends declared           (1,796)    
Share repurchases in excess of stated value           (45)    
Other comprehensive income/(loss) attributable to common shareholders, net of tax             (865)  
Earnings attributable to noncontrolling interests               66
Change in unrealized gain on cash flow hedges               1
Foreign currency translation adjustments               (33)
Other comprehensive income/(loss) attributable to noncontrolling interests, net of tax               (32)
Comprehensive income attributable to noncontrolling interests (34)             34
Distributions               (103)
Contributions               4
Other               (1)
Balance at the end of the period at Jun. 30, 2023 $ 64,038 60,618 6,818 64,694 291 (13,746) 2,561 3,420
Increase (Decrease) in Stockholders' Equity                
Dividends paid per common share (in CAD per share) $ 0.89              
Balance at the beginning of the period at Dec. 31, 2023 $ 64,483   6,818 69,180 268 (17,115) 2,303 3,029
Increase (Decrease) in Stockholders' Equity                
Shares issued, net of issue costs (Note 8)       2,489        
Shares issued on exercise of stock options       5 (5)      
Shares issued on vesting of restricted stock units (RSU), net of tax       24 (44)      
Share repurchases at stated value       0        
Stock-based compensation         53      
Earnings attributable to controlling interests 3,455         3,455    
Preference share dividends           (188)    
Common share dividends declared           (1,946)    
Share repurchases in excess of stated value           0    
Other comprehensive income/(loss) attributable to common shareholders, net of tax             1,931  
Earnings attributable to noncontrolling interests               111
Change in unrealized gain on cash flow hedges               8
Foreign currency translation adjustments               41
Other comprehensive income/(loss) attributable to noncontrolling interests, net of tax               49
Comprehensive income attributable to noncontrolling interests (160)             160
Distributions               (167)
Contributions               2
Other               1
Balance at the end of the period at Jun. 30, 2024 $ 70,253 67,228 6,818 71,698 272 (15,794) 4,234 3,025
Increase (Decrease) in Stockholders' Equity                
Dividends paid per common share (in CAD per share) $ 1.84              
Balance at the beginning of the period at Mar. 31, 2024       69,201 274 (15,696) 3,664 3,042
Increase (Decrease) in Stockholders' Equity                
Shares issued, net of issue costs (Note 8)       2,489        
Shares issued on exercise of stock options       1 (1)      
Shares issued on vesting of restricted stock units (RSU), net of tax       7 (22)      
Share repurchases at stated value       0        
Stock-based compensation         21      
Earnings attributable to controlling interests $ 1,943         1,943    
Preference share dividends           (95)    
Common share dividends declared           (1,946)    
Share repurchases in excess of stated value           0    
Other comprehensive income/(loss) attributable to common shareholders, net of tax             570  
Earnings attributable to noncontrolling interests               58
Change in unrealized gain on cash flow hedges               2
Foreign currency translation adjustments               12
Other comprehensive income/(loss) attributable to noncontrolling interests, net of tax               14
Comprehensive income attributable to noncontrolling interests (72)             72
Distributions               (89)
Contributions               0
Other               0
Balance at the end of the period at Jun. 30, 2024 $ 70,253 $ 67,228 $ 6,818 $ 71,698 $ 272 $ (15,794) $ 4,234 $ 3,025
Increase (Decrease) in Stockholders' Equity                
Dividends paid per common share (in CAD per share) $ 0.92