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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)       4,485        
Shares issued on exercise of stock options       3 (3)      
Shares issued on vesting of restricted stock units (RSU), net of tax       12 (20)      
Purchase of noncontrolling interests         (29)     2
Share repurchases at stated value       (80)        
Stock-based compensation         53      
Earnings attributable to controlling interests $ 4,373         4,373    
Preference share dividends           (260)    
Common share dividends declared           (3,591)    
Share repurchases in excess of stated value           (45)    
Other comprehensive income/(loss) attributable to common shareholders, net of tax             307  
Earnings attributable to noncontrolling interests               117
Change in unrealized gain on cash flow hedges               29
Foreign currency translation adjustments               (3)
Other comprehensive income/(loss) attributable to noncontrolling interests, net of tax               26
Comprehensive income attributable to noncontrolling interests (143)             143
Distributions               (281)
Contributions               10
Other               (3)
Balance at the end of the period at Sep. 30, 2023 $ 68,474 $ 65,092 6,818 69,180 276 (15,009) 3,827 3,382
Increase (Decrease) in Stockholders' Equity                
Dividends paid per common share (in CAD per share) $ 2,670,000              
Balance at the beginning of the period at Jun. 30, 2023     6,818 64,694 291 (13,746) 2,561 3,420
Increase (Decrease) in Stockholders' Equity                
Shares issued, net of issue costs (Note 8)       4,485        
Shares issued on exercise of stock options       1 (1)      
Shares issued on vesting of restricted stock units (RSU), net of tax       0 (20)      
Purchase of noncontrolling interests         (29)     2
Share repurchases at stated value       0        
Stock-based compensation         35      
Earnings attributable to controlling interests $ 621         621    
Preference share dividends           (89)    
Common share dividends declared           (1,795)    
Share repurchases in excess of stated value           0    
Other comprehensive income/(loss) attributable to common shareholders, net of tax             1,266  
Earnings attributable to noncontrolling interests               2
Change in unrealized gain on cash flow hedges               11
Foreign currency translation adjustments               32
Other comprehensive income/(loss) attributable to noncontrolling interests, net of tax               43
Comprehensive income attributable to noncontrolling interests (45)             45
Distributions               (86)
Contributions               2
Other               (1)
Balance at the end of the period at Sep. 30, 2023 $ 68,474 65,092 6,818 69,180 276 (15,009) 3,827 3,382
Increase (Decrease) in Stockholders' Equity                
Dividends paid per common share (in CAD per share) $ 890,000              
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       14 (14)      
Shares issued on vesting of restricted stock units (RSU), net of tax       24 (42)      
Purchase of noncontrolling interests         0     (2)
Share repurchases at stated value       0        
Stock-based compensation         74      
Earnings attributable to controlling interests 4,846         4,846    
Preference share dividends           (286)    
Common share dividends declared           (3,940)    
Share repurchases in excess of stated value           0    
Other comprehensive income/(loss) attributable to common shareholders, net of tax             1,169  
Earnings attributable to noncontrolling interests               167
Change in unrealized gain on cash flow hedges               10
Foreign currency translation adjustments               29
Other comprehensive income/(loss) attributable to noncontrolling interests, net of tax               39
Comprehensive income attributable to noncontrolling interests (206)             206
Distributions               (246)
Contributions               4
Other               (1)
Balance at the end of the period at Sep. 30, 2024 $ 68,778 65,788 6,818 71,707 286 (16,495) 3,472 2,990
Increase (Decrease) in Stockholders' Equity                
Dividends paid per common share (in CAD per share) $ 2,760,000              
Balance at the beginning of the period at Jun. 30, 2024     6,818 71,698 272 (15,794) 4,234 3,025
Increase (Decrease) in Stockholders' Equity                
Shares issued, net of issue costs (Note 8)       0        
Shares issued on exercise of stock options       9 (9)      
Shares issued on vesting of restricted stock units (RSU), net of tax       0 2      
Purchase of noncontrolling interests         0     (2)
Share repurchases at stated value       0        
Stock-based compensation         21      
Earnings attributable to controlling interests $ 1,391         1,391    
Preference share dividends           (98)    
Common share dividends declared           (1,994)    
Share repurchases in excess of stated value           0    
Other comprehensive income/(loss) attributable to common shareholders, net of tax             (762)  
Earnings attributable to noncontrolling interests               56
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               (10)
Comprehensive income attributable to noncontrolling interests (46)             46
Distributions               (79)
Contributions               2
Other               (2)
Balance at the end of the period at Sep. 30, 2024 $ 68,778 $ 65,788 $ 6,818 $ 71,707 $ 286 $ (16,495) $ 3,472 $ 2,990
Increase (Decrease) in Stockholders' Equity                
Dividends paid per common share (in CAD per share) $ 920,000