RETIREMENT AND POSTRETIREMENT BENEFITS (Tables)

6 Months Ended

Jun. 30, 2014

RETIREMENT AND POSTRETIREMENT BENEFITS

Schedule of net benefit costs recognized

	Three months ended June 30,					Six months ended June 30,
		2014		2013			2014		2013
(millions of Canadian dollars)
Benefits earned during the period		29		29			59		57
Interest cost on projected benefit obligations		26		21			52		43
Expected return on plan assets		(32	)	(26	)		(64	)	(52	)
Amortization of prior service costs		1		-			1		1
Amortization of actuarial loss		7		13			14		26
Net benefit costs on an accrual basis1,2		31		37			62		75

1 Included in net benefit costs for the three and six months ended June 30, 2014 are costs related to OPEB of $4 million and $8 million (2013 - $5 million and $9 million).

2 For the three and six months ended June 30, 2014, offsetting regulatory liabilities of $1 million and $3 million (2013 - $1 million and $2 million regulatory assets) have been recorded to the extent pension and OPEB costs are expected to be refunded to or collected from customers in future rates.

Schedule of plan contributions by the Company

	Pension Benefits			OPEB
Six months ended June 30,		2014	2013		2014	2013
(millions of Canadian dollars)
Contributions paid		64	64		5	6
Contributions expected to be paid in the next six months		55			6
Total contributions expected to be paid in the year		119			11