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PROPERTY, PLANT AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2014
PROPERTY, PLANT AND EQUIPMENT  
Schedule of property, plant and equipment

 

 

 

Weighted Average

 

 

 

 

 

 

December 31,

 

Depreciation Rate

 

2014

 

 

2013

 

(millions of Canadian dollars)

 

 

 

 

 

 

 

 

Liquids Pipelines1

 

 

 

 

 

 

 

 

Pipeline

 

2.6%

 

12,515

 

 

8,974

 

Pumping equipment, buildings, tanks and other

 

3.0%

 

7,715

 

 

6,248

 

Land and right-of-way

 

1.4%

 

520

 

 

253

 

Under construction

 

 

5,578

 

 

4,846

 

 

 

 

 

26,328

 

 

20,321

 

Accumulated depreciation

 

 

 

(4,312

)

 

(3,838

)

 

 

 

 

22,016

 

 

16,483

 

Gas Distribution

 

 

 

 

 

 

 

 

Gas mains, services and other

 

3.1%

 

8,427

 

 

8,020

 

Land and right-of-way

 

1.2%

 

84

 

 

79

 

Under construction

 

 

352

 

 

179

 

 

 

 

 

8,863

 

 

8,278

 

Accumulated depreciation

 

 

 

(2,256

)

 

(2,074

)

 

 

 

 

6,607

 

 

6,204

 

Gas Pipelines, Processing and Energy Services

 

 

 

 

 

 

 

 

Pipeline

 

4.2%

 

633

 

 

456

 

Wind turbines, solar panels and other

 

4.0%

 

2,371

 

 

1,092

 

Power transmission

 

2.1%

 

397

 

 

384

 

Canadian Midstream gas gathering and processing

 

2.9%

 

778

 

 

557

 

Land and right-of-way

 

1.1%

 

28

 

 

6

 

Under construction

 

 

1,172

 

 

1,233

 

 

 

 

 

5,379

 

 

3,728

 

Accumulated depreciation

 

 

 

(454

)

 

(344

)

 

 

 

 

4,925

 

 

3,384

 

Sponsored Investments

 

 

 

 

 

 

 

 

Pipeline

 

3.0%

 

11,564

 

 

8,979

 

Pumping equipment, buildings, tanks and other

 

3.0%

 

7,806

 

 

6,076

 

Wind turbines, solar panels and other

 

4.0%

 

1,549

 

 

1,548

 

Land and right-of-way

 

2.2%

 

1,040

 

 

755

 

Under construction

 

 

2,126

 

 

2,201

 

 

 

 

 

24,085

 

 

19,559

 

Accumulated depreciation

 

 

 

(3,903

)

 

(3,429

)

 

 

 

 

20,182

 

 

16,130

 

Corporate

 

 

 

 

 

 

 

 

Other

 

12.8%

 

80

 

 

84

 

Under construction

 

 

69

 

 

36

 

 

 

 

 

149

 

 

120

 

Accumulated depreciation

 

 

 

(49

)

 

(42

)

 

 

 

 

100

 

 

78

 

 

 

 

 

53,830

 

 

42,279

 

1

In July 2014, $62 million of Property, plant and equipment was disposed as part of the sale of 35% equity interest in the Southern Access Extension Project. The remaining balance of $136 million in Property, plant and equipment was reclassified to Long-term investments (Note 11).