XML 81 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF EARNINGS (CAD)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues      
Commodity sales 28,281us-gaap_SalesRevenueFromEnergyCommoditiesAndServices 26,039us-gaap_SalesRevenueFromEnergyCommoditiesAndServices 18,494us-gaap_SalesRevenueFromEnergyCommoditiesAndServices
Gas distribution sales 2,853us-gaap_GasDomesticRegulatedRevenue 2,265us-gaap_GasDomesticRegulatedRevenue 1,910us-gaap_GasDomesticRegulatedRevenue
Transportation and other services 6,507us-gaap_RevenueOilAndGasServices 4,614us-gaap_RevenueOilAndGasServices 4,256us-gaap_RevenueOilAndGasServices
Total revenues 37,641us-gaap_Revenues 32,918us-gaap_Revenues 24,660us-gaap_Revenues
Expenses      
Commodity costs 27,504us-gaap_CostOfGoodsAndServicesEnergyCommoditiesAndServices 25,222us-gaap_CostOfGoodsAndServicesEnergyCommoditiesAndServices 17,959us-gaap_CostOfGoodsAndServicesEnergyCommoditiesAndServices
Gas distribution costs 1,979us-gaap_GasGatheringTransportationMarketingAndProcessingCosts 1,585us-gaap_GasGatheringTransportationMarketingAndProcessingCosts 1,220us-gaap_GasGatheringTransportationMarketingAndProcessingCosts
Operating and administrative 3,281us-gaap_GeneralAndAdministrativeExpense 3,014us-gaap_GeneralAndAdministrativeExpense 2,739us-gaap_GeneralAndAdministrativeExpense
Depreciation and amortization 1,577us-gaap_DepreciationDepletionAndAmortization 1,370us-gaap_DepreciationDepletionAndAmortization 1,236us-gaap_DepreciationDepletionAndAmortization
Environmental costs, net of recoveries 100us-gaap_EnvironmentalRemediationExpense 362us-gaap_EnvironmentalRemediationExpense (88)us-gaap_EnvironmentalRemediationExpense
Total expenses 34,441us-gaap_CostsAndExpenses 31,553us-gaap_CostsAndExpenses 23,066us-gaap_CostsAndExpenses
Total operating income 3,200us-gaap_OperatingIncomeLoss 1,365us-gaap_OperatingIncomeLoss 1,594us-gaap_OperatingIncomeLoss
Income from equity investments (Note 11) 368us-gaap_IncomeLossFromEquityMethodInvestments 330us-gaap_IncomeLossFromEquityMethodInvestments 195us-gaap_IncomeLossFromEquityMethodInvestments
Other income/(expense) (Note 26) (266)us-gaap_OtherNonoperatingIncomeExpense (135)us-gaap_OtherNonoperatingIncomeExpense 238us-gaap_OtherNonoperatingIncomeExpense
Interest expense (Note 16) (1,129)us-gaap_InterestExpense (947)us-gaap_InterestExpense (841)us-gaap_InterestExpense
Earnings from continuing operations before income taxes 2,173us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 613us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 1,186us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income taxes (Note 24) (611)us-gaap_IncomeTaxExpenseBenefit (123)us-gaap_IncomeTaxExpenseBenefit (171)us-gaap_IncomeTaxExpenseBenefit
Earnings/(loss) from continuing operations 1,562us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 490us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 1,015us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Discontinued operations (Note 9)      
Earnings/(loss) from discontinued operations before income taxes 73us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax 6us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax (123)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
Income taxes (expense)/recovery from discontinued operations (27)us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation (2)us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation 44us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation
Earnings/(loss) from discontinued operations 46us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 4us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (79)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Earnings/(loss) 1,608us-gaap_ProfitLoss 494us-gaap_ProfitLoss 936us-gaap_ProfitLoss
(Earnings)/loss attributable to noncontrolling interests and redeemable noncontrolling interests (203)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 135us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (229)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Earnings attributable to Enbridge Inc. 1,405us-gaap_NetIncomeLoss 629us-gaap_NetIncomeLoss 707us-gaap_NetIncomeLoss
Preference share dividends (251)us-gaap_PreferredStockDividendsAndOtherAdjustments (183)us-gaap_PreferredStockDividendsAndOtherAdjustments (105)us-gaap_PreferredStockDividendsAndOtherAdjustments
Earnings/(loss) attributable to Enbridge Inc. common shareholders 1,154us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 446us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 602us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Earnings attributable to Enbridge Inc. common shareholders      
Earnings from continuing operations 1,108us-gaap_IncomeLossFromContinuingOperations 442us-gaap_IncomeLossFromContinuingOperations 681us-gaap_IncomeLossFromContinuingOperations
Earnings/(loss) from discontinued operations, net of tax 46us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 4us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity (79)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Earnings/(loss) attributable to Enbridge Inc. common shareholders 1,154us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 446us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 602us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per common share attributable to Enbridge Inc. common shareholders (Note 20)      
Continuing operations (in Canadian dollars per share) 1.34us-gaap_IncomeLossFromContinuingOperationsPerBasicShare 0.55us-gaap_IncomeLossFromContinuingOperationsPerBasicShare 0.88us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Discontinued operations (in Canadian dollars per share) 0.05us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare   (0.10)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
Total earnings per common share (in Canadian dollars per share) 1.39us-gaap_EarningsPerShareBasic 0.55us-gaap_EarningsPerShareBasic 0.78us-gaap_EarningsPerShareBasic
Diluted earnings per common share attributable to Enbridge Inc. common shareholders (Note 20)      
Continuing operations (in Canadian dollars per share) 1.32us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare 0.55us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare 0.87us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Discontinued operations (in Canadian dollars per share) 0.05us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare   (0.10)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
Total diluted earnings per common share (in Canadian dollars per share) 1.37us-gaap_EarningsPerShareDiluted 0.55us-gaap_EarningsPerShareDiluted 0.77us-gaap_EarningsPerShareDiluted