COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

9 Months Ended

Sep. 30, 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 nine months ended September 30, 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	15	(34)	(357)	1,498	3	—	1,125
Other comprehensive (income)/loss reclassified to earnings
Interest rate contracts1	22	—	—	—	—	—	22
Commodity contracts2	(1)	—	—	—	—	—	(1)
Foreign exchange contracts3	—	43	—	—	—	—	43
Amortization of pension and OPEB actuarial gain4	—	—	—	—	—	(14)	(14)
	36	9	(357)	1,498	3	(14)	1,175
Tax impact
Income tax on amounts retained in AOCI	(4)	8	—	—	—	—	4
Income tax on amounts reclassified to earnings	(3)	(10)	—	—	—	3	(10)
	(7)	(2)	—	—	—	3	(6)
Balance as at September 30, 2024	349	(16)	(1,085)	4,151	14	59	3,472

	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	447	11	42	(128)	8	—	380
Other comprehensive (income)/loss reclassified to earnings
Interest rate contracts1	63	—	—	—	—	—	63
Other contracts5	1	—	—	—	—	—	1
Amortization of pension and OPEB actuarial gain4	—	—	—	—	—	(16)	(16)
	511	11	42	(128)	8	(16)	428
Tax impact
Income tax on amounts retained in AOCI	(117)	—	—	—	(1)	—	(118)
Income tax on amounts reclassified to earnings	(6)	—	—	—	—	3	(3)
	(123)	—	—	—	(1)	3	(121)
Balance as at September 30, 2023	509	(24)	(1,095)	4,220	12	205	3,827

1Reported within Interest expense in the Consolidated Statements of Earnings.

2Reported within Transportation and other services revenues in the Consolidated Statements of Earnings.

3Reported within Other income/(expense) in the Consolidated Statements of Earnings.

4These components are included in the computation of net periodic benefit credit and are reported within Other income/(expense) in the Consolidated Statements of Earnings.

5Reported within Operating and administrative expense in the Consolidated Statements of Earnings.