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SEGMENTED INFORMATION
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
SEGMENTED INFORMATION SEGMENTED INFORMATION
Three months ended March 31, 2025Liquids PipelinesGas TransmissionGas Distribution and StorageRenewable Power GenerationTotal Reportable Segments
(millions of Canadian dollars)     
Operating revenues1
12,184 1,715 3,956 120 17,975 
Commodity and gas distribution costs(8,850)(11)(1,634)3 (10,492)
Operating and administrative(1,128)(524)(772)(78)(2,502)
Income from equity investments368 232 1 132 733 
Other income
19 61 49 46 175 
Earnings before interest, income taxes and depreciation and amortization2,593 1,473 1,600 223 5,889 
Eliminations and Other40 
Depreciation and amortization(1,408)
Interest expense    (1,334)
Earnings before income taxes   3,187 

Three months ended March 31, 2024Liquids PipelinesGas TransmissionGas Distribution and StorageRenewable Power GenerationTotal Reportable Segments
(millions of Canadian dollars)     
Operating revenues1
6,882 1,572 2,131 131 10,716 
Commodity and gas distribution costs(3,635)(47)(1,004)(3)(4,689)
Operating and administrative(1,107)(561)(379)(69)(2,116)
Income from equity investments253 265 — 181 699 
Other income
11 36 17 17 81 
Earnings before interest, income taxes and depreciation and amortization2,404 1,265 765 257 4,691 
Eliminations and Other(642)
Depreciation and amortization(1,193)
Interest expense    (905)
Earnings before income taxes    1,951 
 
1Refer to Note 3 - Revenue for a reconciliation of segment Operating revenues to the Consolidated Statements of Earnings.
Capital Expenditures1
Three months ended March 31,20252024
(millions of Canadian dollars)
Liquids Pipelines309 289 
Gas Transmission604 495 
Gas Distribution and Storage661 304 
Renewable Power Generation145 69 
Eliminations and Other35 43 
 1,754 1,200 
1Includes the equity component of the allowance for funds used during construction.

Property, Plant and Equipment
March 31, 2025December 31, 2024
(millions of Canadian dollars)  
Liquids Pipelines53,693 53,863 
Gas Transmission34,940 34,683 
Gas Distribution and Storage38,909 38,636 
Renewable Power Generation3,720 3,612 
Eliminations and Other321 310 
 131,583 131,104