XML 54 R42.htm IDEA: XBRL DOCUMENT v3.24.3
ACQUISITIONS AND DISPOSITIONS - Summary of Estimated Fair Values Assigned to Net Assets (Details)
$ in Millions
Sep. 30, 2024
CAD ($)
Sep. 30, 2024
USD ($)
May 31, 2024
CAD ($)
May 31, 2024
USD ($)
Mar. 06, 2024
CAD ($)
Mar. 06, 2024
USD ($)
Jan. 02, 2024
CAD ($)
promissoryNote
Jan. 02, 2024
USD ($)
Jan. 02, 2024
USD ($)
promissoryNote
Dec. 31, 2023
CAD ($)
Fair value of net assets acquired:                    
Goodwill $ 34,858,000,000                 $ 31,848,000,000
PSNC Acquisation                    
Fair value of net assets acquired:                    
Current assets 351,000,000                  
Property, plant and equipment 4,113,000,000                  
Long-term assets 203,000,000                  
Current liabilities 292,000,000                  
Long-term debt 1,529,000,000                  
Other long-term liabilities 667,000,000                  
Deferred income tax liabilities 365,000,000                  
Goodwill 868,000,000                  
Purchase price:                    
Cash 2,682,000,000                  
Deferred consideration                    
Purchase price 2,700,000,000 $ 2,000                
Expected credit loss 2,000,000                  
Regulatory assets 128,000,000                  
Fair value adjustment of long-term debt 156,000,000                  
Fair value adjustment of regulatory offset 0                  
PSNC Acquisation | Carrying value                    
Deferred consideration                    
Trade receivables $ 50,000,000                  
Questar Gas Company                    
Fair value of net assets acquired:                    
Current assets     $ 464,000,000              
Property, plant and equipment     5,921,000,000              
Long-term assets     191,000,000              
Current liabilities     407,000,000              
Long-term debt     1,343,000,000              
Other long-term liabilities     948,000,000              
Deferred income tax liabilities     522,000,000              
Goodwill     751,000,000              
Purchase price:                    
Cash     4,107,000,000              
Deferred consideration                    
Purchase price     4,100,000,000 $ 3,000            
Expected credit loss     9,000,000              
Fair value adjustment of long-term debt     301,000,000              
Fair value adjustment of regulatory offset     0              
Questar Gas Company | Carrying value                    
Deferred consideration                    
Trade receivables     $ 201,000,000              
EOG Acquisition                    
Fair value of net assets acquired:                    
Current assets         $ 641,000,000          
Property, plant and equipment         7,253,000,000          
Long-term assets         1,647,000,000          
Current liabilities         670,000,000          
Long-term debt         2,612,000,000          
Other long-term liabilities         993,000,000          
Deferred income tax liabilities         1,036,000,000          
Goodwill         1,608,000,000          
Purchase price:                    
Cash         5,838,000,000          
Deferred consideration                    
Purchase price         5,800,000,000 $ 4,300        
Expected credit loss         3,000,000          
Overfunded pension plan assets         395,000,000          
Regulatory assets         1,200,000,000          
Fair value adjustment of long-term debt         478,000,000          
EOG Acquisition | Carrying value                    
Deferred consideration                    
Trade receivables         $ 376,000,000          
RNG Facilities                    
Fair value of net assets acquired:                    
Current assets             $ 31,000,000      
Intangible assets             925,000,000      
Property, plant and equipment             174,000,000      
Current liabilities             5,000,000      
Goodwill             223,000,000      
Purchase price:                    
Cash             584,000,000 $ 439    
Deferred consideration                    
Current portion of long-term debt             550,000,000      
Long-term debt             207,000,000      
Other adjustments             7,000,000      
Purchase price             $ 1,348,000,000 $ 1,000    
Goodwill expected tax deductible period (in years)             15 years 15 years    
Number of non-interest promissory notes | promissoryNote             6   6  
Remaining consideration payable, payment period (in years)             2 years 2 years    
Consideration transferred, liabilities incurred             $ 757,000,000 $ 568    
RNG Facilities | Non-Interest Bearing Promissory Notes | Notes Payable, Other Payables                    
Deferred consideration                    
Deferred payments             $ 808,000,000   $ 606  
RNG Facilities | Minimum                    
Deferred consideration                    
Amortized on a straight-line basis over term (in years)             13 years 13 years    
RNG Facilities | Maximum                    
Deferred consideration                    
Amortized on a straight-line basis over term (in years)             42 years 42 years