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EQUITY INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Investments
(millions of Canadian $)
Ownership 
 Interest at 
 December 31, 2022
Income from Equity
Investments		Equity
Investments
year ended December 31at December 31
20222021202020222021
Canadian Natural Gas Pipelines      
TQM1
50.0 %17 12 12 165 118 
Coastal GasLink1
35.0 %1 — — — 386 
U.S. Natural Gas Pipelines
Northern Border50.0 %92 80 100 516 505 
Millennium47.5 %103 91 96 500 474 
Iroquois50.0 %77 55 52 237 392 
OtherVarious20 18 16 122 137 
Mexico Natural Gas Pipelines
Sur de Texas60.0 %150 160 213 1,050 835 
Liquids Pipelines
Grand Rapids1
50.0 %54 54 53 964 980 
Port Neches Link LLC2
95.0 %— — — 149 103 
HoustonLink Pipeline1
50.0 %1 1 — 19 18 
Northern Courier1,3
nil— 16 22 — — 
Power and Energy Solutions      
Bruce Power1
48.3 %537 411 439 5,783 4,493 
OtherVarious2 — 16 30 — 
  1,054 898 1,019 9,535 8,441 
1Classified as a non-consolidated VIE. Refer to Note 32, Variable interest entities, for additional information.
2Classified as a non-consolidated VIE in 2021. Refer to Note 32, Variable interest entities, for additional information.
3In November 2021, TC Energy sold its remaining 15 per cent equity interest in Northern Courier. Refer to Note 30, Acquisitions and dispositions, for additional information.
Summarized Financial Information of Equity Investments
year ended December 31202220212020
(millions of Canadian $)
Income   
Revenues5,891 5,447 5,838 
Operating and other expenses(3,390)(3,293)(3,341)
Net income2,147 1,859 2,047 
Net income attributable to TC Energy1,054 898 1,019 
at December 3120222021
(millions of Canadian $)
Balance Sheet  
Current assets3,414 3,498 
Non-current assets37,713 30,165 
Current liabilities(2,856)(2,540)
Non-current liabilities(17,690)(16,400)
Schedule of Distribution Received and Contribution made to Equity Investments
Distributions received from equity investments and contributions made to equity investments for the years ended December 31, 2022, 2021 and 2020 were as follows:
year ended December 31202220212020
(millions of Canadian $)
Distributions   
Sur de Texas debt repayments1,2
2,404 73 — 
Distributions received from operating activities of equity investments1,025 975 1,123 
Other1
228 — — 
3,657 1,048 1,123 
Contributions
Contributions to Coastal GasLink1
1,414 92 101 
Sur de Texas debt financing1,2
1,199 — — 
Contributions made to other equity investments1
820 1,118 664 
3,433 1,210 765 
1Included in Investing activities in the Consolidated statement of cash flows.
2Represents TC Energy's proportionate share of the Sur de Texas debt financing requirements and subsequent repayments. Refer to Note 12, Loans receivable from affiliates, for further information on 2022 refinancing activities with the Sur de Texas joint venture.