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COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)
6 Months Ended
Jun. 30, 2025
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Schedule of Changes in AOCI Attributable to Enbridge Common Shareholders

Changes in Accumulated other comprehensive income (AOCI) attributable to our common shareholders for the six months ended June 30, 2025 and 2024 are as follows:

 

 

Cash
Flow
Hedges

 

Excluded
Components
of Fair Value
Hedges

 

Net
Investment
Hedges

 

Cumulative
Translation
Adjustment

 

Equity
Investees
and Other
Investments

 

Pension
and
OPEB
Adjustment

 

Total

 

(millions of Canadian dollars)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as at January 1, 2025

 

407

 

 

(14

)

 

(2,033

)

 

8,452

 

 

1

 

 

302

 

 

7,115

 

Other comprehensive income/(loss) retained in AOCI

 

(15

)

 

12

 

 

413

 

 

(3,356

)

 

21

 

 

62

 

 

(2,863

)

Other comprehensive (income)/loss reclassified to earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Interest rate contracts1

 

17

 

 

 

 

 

 

 

 

 

 

 

 

17

 

   Foreign exchange contracts2

 

 

 

(3

)

 

 

 

 

 

 

 

 

 

(3

)

   Amortization of pension and OPEB actuarial gain3

 

 

 

 

 

 

 

 

 

 

 

(14

)

 

(14

)

 

 

2

 

 

9

 

 

413

 

 

(3,356

)

 

21

 

 

48

 

 

(2,863

)

Tax impact

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Income tax on amounts retained in AOCI

 

2

 

 

(3

)

 

 

 

 

 

 

 

(13

)

 

(14

)

   Income tax on amounts reclassified to earnings

 

(3

)

 

8

 

 

 

 

 

 

 

 

1

 

 

6

 

 

 

(1

)

 

5

 

 

 

 

 

 

 

 

(12

)

 

(8

)

Balance as at June 30, 2025

 

408

 

 

 

 

(1,620

)

 

5,096

 

 

22

 

 

338

 

 

4,244

 

 

 

Cash
Flow
Hedges

 

Excluded
Components
of Fair Value
Hedges

 

Net
Investment
Hedges

 

Cumulative
Translation
Adjustment

 

Equity
Investees
and Other
Investments

 

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

 

156

 

 

(26

)

 

(538

)

 

2,344

 

 

1

 

 

 

 

1,937

 

Other comprehensive (income)/loss reclassified to earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Interest rate contracts1

 

12

 

 

 

 

 

 

 

 

 

 

 

 

12

 

   Commodity contracts4

 

(1

)

 

 

 

 

 

 

 

 

 

 

 

(1

)

   Foreign exchange contracts2

 

 

 

31

 

 

 

 

 

 

 

 

 

 

31

 

   Amortization of pension and OPEB actuarial gain3

 

 

 

 

 

 

 

 

 

 

 

(11

)

 

(11

)

 

 

167

 

 

5

 

 

(538

)

 

2,344

 

 

1

 

 

(11

)

 

1,968

 

Tax impact

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Income tax on amounts retained in AOCI

 

(36

)

 

6

 

 

 

 

 

 

 

 

 

 

(30

)

   Income tax on amounts reclassified to earnings

 

(2

)

 

(7

)

 

 

 

 

 

 

 

2

 

 

(7

)

 

 

(38

)

 

(1

)

 

 

 

 

 

 

 

2

 

 

(37

)

Balance as at June 30, 2024

 

449

 

 

(19

)

 

(1,266

)

 

4,997

 

 

12

 

 

61

 

 

4,234

 

 

1
Reported within Interest expense in the Consolidated Statements of Earnings.
2
Reported within Interest expense and Other income/(expense) in the Consolidated Statements of Earnings.
3
These components are included in the computation of net periodic benefit credit and are reported within Other income/(expense) in the Consolidated Statements of Earnings.
4
Reported within Transportation and other services revenues in the Consolidated Statements of Earnings.