COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

6 Months Ended

Jun. 30, 2015

COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

9.COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

Changes in Accumulated other comprehensive income/(loss) (AOCI) attributable to Enbridge common shareholders for the six months ended June 30, 2015 and 2014 are as follows:

	Cash Flow Hedges		Net Investment Hedges		Cumulative Translation Adjustment	Equity Investees		Pension and OPEB Amortization Adjustment		Total
(millions of Canadian dollars)
Balance at January 1, 2015	(488	)	108		309	(5	)	(359	)	(435	)
Other comprehensive income/(loss) retained in AOCI	(272	)	(370	)	1,149	24		-		531
Other comprehensive gains/(loss) reclassified to earnings
Interest rate contracts1	8		-		-	-		-		8
Commodity contracts2	(4	)	-		-	-		-		(4	)
Foreign exchange contracts3	7		-		-	-		-		7
Other contracts4	6		-		-	-		-		6
Amortization of pension and OPEB actuarial loss5	-		-		-	-		17		17
	(255	)	(370	)	1,149	24		17		565
Tax impact
Income tax on amounts retained in AOCI	73		24		-	(2	)	-		95
Income tax on amounts reclassified to earnings	(8	)	-		-	-		(4	)	(12	)
	65		24		-	(2	)	(4	)	83
Balance at June 30, 2015	(678	)	(238	)	1,458	17		(346	)	213

	Cash Flow Hedges		Net Investment Hedges		Cumulative Translation Adjustment		Equity Investees		Pension and OPEB Amortization Adjustment		Total
(millions of Canadian dollars)
Balance at January 1, 2014	(1	)	378		(778	)	(15	)	(183	)	(599	)
Other comprehensive income/(loss) retained in AOCI	(514	)	10		(8	)	7		-		(505	)
Other comprehensive gains reclassified to earnings
Interest rate contracts1	55		-		-		-		-		55
Commodity contracts2	7		-		-		-		-		7
Foreign exchange contracts3	15		-		-		-		-		15
Other contracts4	9		-		-		-		-		9
Amortization of pension and OPEB actuarial loss5	-		-		-		-		6		6
	(428	)	10		(8	)	7		6		(413	)
Tax impact
Income tax on amounts retained in AOCI	141		(1	)	-		-		-		140
Income tax on amounts reclassified to earnings	(11	)	-		-		-		(3	)	(14	)
	130		(1	)	-		-		(3	)	126
Balance at June 30, 2014	(299	)	387		(786	)	(8	)	(180	)	(886	)

1	Reported within Interest expense in the Consolidated Statements of Earnings.
2	Reported within Commodity sales and 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.