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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 8)
Noncontrolling interests
Balance at beginning of year at Dec. 31, 2023     $ 6,818 $ 69,180 $ 268 $ (17,115) $ 2,303 $ 3,029
Increase (Decrease) in Stockholders' Equity                
Shares issued on exercise of stock options       4 (4)      
Shares issued on vesting of restricted stock units (RSU), net of tax       17 (22)      
Stock-based compensation         32      
Earnings attributable to controlling interests $ 1,512         1,512    
Preference share dividends           (93)    
Other comprehensive income attributable to common shareholders, net of tax             1,361  
Earnings attributable to noncontrolling interests               53
Change in unrealized gain on cash flow hedges               6
Foreign currency translation adjustments               29
Other comprehensive income attributable to noncontrolling interests, net of tax               35
Comprehensive income attributable to noncontrolling interests (88)             88
Distributions               (78)
Contributions               2
Other               1
Balance at end of year at Mar. 31, 2024 $ 67,303 $ 64,261   69,201 274 (15,696) 3,664 3,042
Increase (Decrease) in Stockholders' Equity                
Dividends paid per common share (in Canadian dollars per share) $ 920,000              
Balance at beginning of year at Dec. 31, 2024 $ 68,893   $ 6,818 71,738 275 (20,046) 7,115 2,993
Increase (Decrease) in Stockholders' Equity                
Shares issued on exercise of stock options       32 (27)      
Shares issued on vesting of restricted stock units (RSU), net of tax       38 (68)      
Stock-based compensation         49      
Earnings attributable to controlling interests 2,364         2,364    
Preference share dividends           (103)    
Other comprehensive income attributable to common shareholders, net of tax             73  
Earnings attributable to noncontrolling interests               126
Change in unrealized gain on cash flow hedges               1
Foreign currency translation adjustments               1
Other comprehensive income attributable to noncontrolling interests, net of tax               2
Comprehensive income attributable to noncontrolling interests (128)             128
Distributions               (100)
Contributions               5
Other               (4)
Balance at end of year at Mar. 31, 2025 $ 71,280 $ 68,258   $ 71,808 $ 229 $ (17,785) $ 7,188 $ 3,022
Increase (Decrease) in Stockholders' Equity                
Dividends paid per common share (in Canadian dollars per share) $ 940,000