COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE LOSS

12 Months Ended

Dec. 31, 2013

COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE LOSS

COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE LOSS

22. COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE LOSS

Changes in AOCI attributable to Enbridge common shareholders for the years ended December 31, 2013, 2012 and 2011, are as follows:

	Cash Flow Hedges		Net Investment Hedges		Cumulative Translation Adjustment		Equity Investees		Pension and OPEB		Total
(millions of Canadian dollars)
Balance at January 1, 2013	(621	)	474		(1,265	)	(26	)	(324	)	(1,762	)
Other comprehensive income/(loss) retained in AOCI	707		(111	)	487		11		165		1,259
Other comprehensive (income)/loss reclassified to earnings
Interest rate contracts1	134		-		-		-		-		134
Commodity contracts2	(1	)	-		-		-		-		(1	)
Foreign exchange contracts3	(8	)	-		-		-		-		(8	)
Amortization of pension and OPEB actuarial loss and prior service costs5	-		-		-		-		36		36
	832		(111	)	487		11		201		1,420
Tax impact
Income tax on amounts retained in AOCI	(176	)	15		-		-		(51	)	(212	)
Income tax on amounts reclassified to earnings	(36	)	-		-		-		(9	)	(45	)
	(212	)	15		-		-		(60	)	(257	)
Balance at December 31, 2013	(1	)	378		(778	)	(15	)	(183	)	(599	)

	Cash Flow Hedges		Net Investment Hedges		Cumulative Translation Adjustment		Equity Investees		Pension and OPEB		Total
(millions of Canadian dollars)
Balance at January 1, 2012	(476	)	461		(1,167	)	(28	)	(286	)	(1,496	)
Other comprehensive income/(loss) retained in AOCI	(172	)	16		(98	)	7		(75	)	(322	)
Other comprehensive (income)/loss reclassified to earnings
Interest rate contracts1	(17	)	-		-		-		-		(17	)
Commodity contracts2	(4	)	-		-		-		-		(4	)
Foreign exchange contracts3	1		-		-		-		-		1
Other contracts4	2		-		-		-		-		2
Amortization of pension and OPEB actuarial loss and prior service costs5	-		-		-		-		23		23
	(190	)	16		(98	)	7		(52	)	(317	)
Tax impact
Income tax on amounts retained in AOCI	36		(3	)	-		(5	)	19		47
Income tax on amounts reclassified to earnings	9		-		-		-		(5	)	4
	45		(3	)	-		(5	)	14		51
Balance at December 31, 2012	(621	)	474		(1,265	)	(26	)	(324	)	(1,762	)

	Cash Flow  Hedges		Net  Investment Hedges		Cumulative  Translation Adjustment		Equity  Investees		Pension and  OPEB		Total
(millions of Canadian dollars)
Balance at January 1, 2011	(66	)	480		(1,245	)	(11	)	(142	)	(984	)
Other comprehensive income/(loss) retained in AOCI	(656	)	(21	)	78		(20	)	(229	)	(848	)
Other comprehensive (income)/loss reclassified to earnings
Interest rate contracts1	51		-		-		-		-		51
Commodity contracts2	43		-		-		-		-		43
Foreign exchange contracts3	1		-		-		-		-		1
Other contracts4	(2	)	-		-		-		-		(2	)
Amortization of pension and OPEB actuarial loss and prior service costs5	-		-		-		-		29		29
	(563	)	(21	)	78		(20	)	(200	)	(726	)
Tax impact
Income tax on amounts retained in AOCI	161		2		-		3		64		230
Income tax on amounts reclassified to earnings	(8	)	-		-		-		(8	)	(16	)
	153		2		-		3		56		214
Balance at December 31, 2011	(476	)	461		(1,167	)	(28	)	(286	)	(1,496	)

1 Reported within Interest expense in the Consolidated Statements of Earnings.

2 Reported within Commodity costs in the Consolidated Statements of Earnings.

3 Reported within Other income/(expense) in the Consolidated Statements of Earnings.

4 Reported within Operating and administrative expense in the Consolidated Statements of Earnings.

5 These components are included in the computation of net periodic pension costs and are reported within Operating and administrative expense in the Consolidated Statements of Earnings.