<SEC-DOCUMENT>0001104659-17-031885.txt : 20170511
<SEC-HEADER>0001104659-17-031885.hdr.sgml : 20170511
<ACCEPTANCE-DATETIME>20170511154300
ACCESSION NUMBER:		0001104659-17-031885
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20170511
FILED AS OF DATE:		20170511
DATE AS OF CHANGE:		20170511

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ENBRIDGE INC
		CENTRAL INDEX KEY:			0000895728
		STANDARD INDUSTRIAL CLASSIFICATION:	PIPE LINES (NO NATURAL GAS) [4610]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15254
		FILM NUMBER:		17834070

	BUSINESS ADDRESS:	
		STREET 1:		200 425 - 1ST STREET SW
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T2P 3L8
		BUSINESS PHONE:		403-231-3900

	MAIL ADDRESS:	
		STREET 1:		200 425 - 1ST STREET SW
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T2P 3L8

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	IPL ENERGY INC
		DATE OF NAME CHANGE:	19940616

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERPROVINCIAL PIPE LINE SYSTEM INC
		DATE OF NAME CHANGE:	19930108
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a17-12211_26k.htm
<DESCRIPTION>6-K
<TEXT>


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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="4" face="Arial" style="font-size:14.0pt;">UNITED STATES SECURITIES AND EXCHANGE COMMISSION</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="4" face="Arial" style="font-size:14.0pt;">WASHINGTON, D.C.&#160; 20549</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="4" face="Arial" style="font-size:14.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="4" face="Arial" style="font-size:14.0pt;font-weight:bold;">FORM&nbsp;6-K</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="4" face="Arial" style="font-size:14.0pt;font-weight:bold;">&nbsp;</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Arial" style="font-size:12.0pt;font-weight:bold;">Report of Foreign Issuer</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Arial" style="font-size:12.0pt;font-weight:bold;">Pursuant to Rule&nbsp;13a-16 or 15d-16 of</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Arial" style="font-size:12.0pt;font-weight:bold;">the Securities Exchange Act of 1934</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Arial" style="font-size:12.0pt;font-weight:bold;">&nbsp;</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="3" face="Arial" style="font-size:12.0pt;">Dated May&nbsp;11, 2017</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="3" face="Arial" style="font-size:12.0pt;">Commission file number 001-15254</font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="4" face="Arial" style="font-size:14.0pt;font-weight:bold;">ENBRIDGE INC.</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="3" face="Arial" style="font-size:12.0pt;">(Exact name of Registrant as specified in its charter)</font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="4" face="Arial" style="font-size:14.0pt;font-weight:bold;">200, 425 &#150; 1</font></b><b><font size="1" face="Arial" style="font-size:7.0pt;font-weight:bold;position:relative;top:-7.0pt;">st</font></b><b><font size="4" face="Arial" style="font-size:14.0pt;font-weight:bold;">&#160;Street S.W.</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="4" face="Arial" style="font-size:14.0pt;font-weight:bold;">Calgary, Alberta, Canada&#160; T2P 3L8</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="3" face="Arial" style="font-size:12.0pt;">(Address of principal executive offices and postal code)</font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>
<p style="margin:0in 17.0pt .0001pt 0in;"><font size="3" face="Arial" style="font-size:12.0pt;">Indicate by check mark whether the Registrant files or will file annual reports under cover of Form&nbsp;20-F or Form&nbsp;40-F.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="3" face="Arial" style="font-size:12.0pt;">Form&nbsp;20-F </font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="3" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="3" face="Arial" style="font-size:12.0pt;">Form&nbsp;40-F</font></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Wingdings" style="font-size:12.0pt;font-weight:bold;">&#252;</font></b></p>    </td>   </tr>  </table>
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<p style="margin:0in 0in .0001pt;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="3" face="Arial" style="font-size:12.0pt;">Indicate by check mark if the Registrant is submitting the Form&nbsp;6-K in paper as permitted by Regulation S-T Rule&nbsp;101(b)(1):</font></p>
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="3" face="Arial" style="font-size:12.0pt;">Yes </font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="3" face="Arial" style="font-size:12.0pt;">No</font></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Wingdings" style="font-size:12.0pt;font-weight:bold;">&#252;</font></b></p>    </td>   </tr>  </table>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="3" face="Arial" style="font-size:12.0pt;">Indicate by check mark if the Registrant is submitting the Form&nbsp;6-K in paper as permitted by regulation S-T Rule&nbsp;101(b)(7):</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="3" face="Arial" style="font-size:12.0pt;">Yes </font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="3" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="3" face="Arial" style="font-size:12.0pt;">No</font></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Wingdings" style="font-size:12.0pt;font-weight:bold;">&#252;</font></b></p>    </td>   </tr>  </table>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="3" face="Arial" style="font-size:12.0pt;">THIS REPORT ON FORM&nbsp;6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN THE REGISTRATION STATEMENTS ON FORM&nbsp;S-8 (FILE NO. 333-216272, 333-145236, 333-127265, 333-13456, 333-97305 AND 333-6436), FORM&nbsp;F-3 (FILE NO. 333-185591) AND FORM&nbsp;F-10 (FILE NO. 333-213234) OF ENBRIDGE INC. AND TO BE PART&nbsp;THEREOF FROM THE DATE ON WHICH THIS REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.</font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="3" face="Arial" style="font-size:12.0pt;">The following documents are being submitted herewith:</font></p>
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt .25in;text-align:justify;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="3" face="Arial" style="font-size:12.0pt;">Interim Report to Shareholders for the three months ended March&nbsp;31, 2017</font></p>
<p style="margin:0in 0in .0001pt .25in;text-align:justify;text-indent:-.25in;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Arial" style="font-size:12.0pt;font-weight:bold;">SIGNATURES</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Arial" style="font-size:12.0pt;font-weight:bold;">&nbsp;</font></b></p>
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="3" face="Arial" style="font-size:12.0pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</font></p>
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="3" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt 4.0pt;"><font size="3" face="Arial" style="font-size:12.0pt;">ENBRIDGE   INC.</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 4.0pt;"><font size="3" face="Arial" style="font-size:12.0pt;">(Registrant)</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>    </td>
<td width="48%" valign="top" style="padding:0in 0in 0in 0in;width:48.48%;">
<p style="margin:0in 0in .0001pt;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="3" face="Arial" style="font-size:12.0pt;">Date:</font></p>    </td>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="3" face="Arial" style="font-size:12.0pt;">&nbsp;&nbsp;May&nbsp;11,   2017</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt 10.0pt;text-align:right;text-indent:-10.0pt;"><font size="3" face="Arial" style="font-size:12.0pt;">By:&nbsp;&nbsp;&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt 4.0pt;"><font size="3" face="Arial" style="font-size:12.0pt;">/s/&#148;Tyler   W. Robinson&#148;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="3" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="6%" valign="top" style="padding:0in 0in 0in 0in;width:6.94%;">
<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="3" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt 4.0pt;"><font size="3" face="Arial" style="font-size:12.0pt;">Tyler   W. Robinson</font></p>
<p style="margin:0in 0in .0001pt 4.0pt;"><font size="3" face="Arial" style="font-size:12.0pt;">Vice   President&nbsp;&amp; Corporate Secretary</font></p>    </td>   </tr>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="3" face="Arial" style="font-size:12.0pt;">2</font><a name="PB_2_104519_4545"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="border:none;margin:0in 0in .0001pt;text-align:center;"><b><font size="4" face="Arial" style="border:none;font-size:15.0pt;font-weight:bold;">ENBRIDGE INC.</font></b></p>
<p align="center" style="border:none;margin:0in 0in .0001pt;text-align:center;"><b><font size="4" face="Arial" style="border:none;font-size:15.0pt;font-weight:bold;">&nbsp;</font></b></p>
<p align="center" style="border:none;margin:0in 0in .0001pt;text-align:center;"><b><font size="4" face="Arial" style="border:none;font-size:15.0pt;font-weight:bold;">MANAGEMENT&#146;S DISCUSSION AND ANALYSIS</font></b></p>
<p align="center" style="border:none;margin:0in 0in .0001pt;text-align:center;"><b><font size="4" face="Arial" style="border:none;font-size:15.0pt;font-weight:bold;">&nbsp;</font></b></p>
<p align="center" style="border:none;margin:0in 0in .0001pt;text-align:center;"><b><font size="4" face="Arial" style="border:none;font-size:15.0pt;font-weight:bold;">March&nbsp;31, 2017</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
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<div>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="4" face="Arial" style="font-size:15.0pt;font-weight:bold;">GLOSSARY</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Algonquin</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Algonquin Gas Transmission, L.L.C.</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">ALJ</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Administrative Law Judge</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">ASU</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Accounting Standards Update</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Average Exchange Rate</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">United States to Canadian dollar average   exchange rate</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">bcf/d</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Billion cubic feet per day</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">bpd</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Barrels per day</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Canadian L3R Program</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Canadian portion of the Line 3 Replacement   Program</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">CTS</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Competitive Toll Settlement</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">EBIT</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings before interest and income taxes</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Eddystone Rail</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Eddystone Rail Company, L.L.C.</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">EEP</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge Energy Partners, L.P.</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">EGD</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge Gas Distribution Inc.</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge or the Company</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge Inc.</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">ENF</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge Income Fund Holdings Inc.</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">EPA</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">United States Environmental Protection   Agency</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Federal Court</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Federal Court of Appeal</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">FERC</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Federal Energy Regulatory Commission</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Flanagan South</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Flanagan South Pipeline</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">GHG</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Greenhouse gas</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Gulfstream</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Gulfstream Natural Gas System, L.L.C.</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">IJT</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">International Joint Tariff</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">L3R Program</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Line 3 Replacement Program</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Lakehead System</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Lakehead Pipeline System</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">LNG</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Liquefied natural gas</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">M&amp;N U.S.</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Maritimes&nbsp;&amp; Northeast Pipeline, L.L.C.</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">MD&amp;A</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Management&#146;s Discussion and Analysis</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">MEP</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Midcoast Energy Partners, L.P.</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">mmcf/d</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none windowtext 1.0pt;font-size:10.0pt;padding:0in;">Million cubic feet per day</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">MNPUC</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none windowtext 1.0pt;font-size:10.0pt;padding:0in;">Minnesota Public Utilities Commission</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">NEB</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">National Energy Board</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">NGL</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Natural gas liquids</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">OEB</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Ontario Energy Board</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Offshore</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge Offshore Pipelines</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Seaway Pipeline</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Seaway Crude Pipeline System</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">SEP</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Spectra Energy Partners, L.P.</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Spectra Energy</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Spectra Energy Corp</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Texas Eastern</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Texas Eastern Transmission, L.P.</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">the Fund</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge Income Fund</font></p>    </td>   </tr>
<tr>
<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">the Fund Group</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge Income Fun<font color="black" style="color:black;">d,   Enbridge Commercial Trust, Enbridge Income Partners LP and the subsidiaries   and investees of Enbridge Income Partners LP</font></font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">the Merger Transaction</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">The stock-for-stock merger transaction between Enbridge and Spectra   Energy</font></p>    </td>   </tr>
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<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">the Tupper Plants</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Tupper Main and Tupper West gas plants</font></p>    </td>   </tr>
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<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Union Gas</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Union Gas Limited</font></p>    </td>   </tr>
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<td width="26%" valign="top" style="padding:0in 0in 0in 0in;width:26.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">U.S. GAAP</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Generally accepted accounting   principles in the United States of America</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">U.S. L3R Program</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">United States portion of the Line   3 Replacement Program</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Westcoast</font></p>    </td>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Westcoast Energy Inc.</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="border:none;margin:0in 0in .0001pt;"><b><font size="4" face="Arial" style="border:none;font-size:15.0pt;font-weight:bold;">MANAGEMENT&#146;S DISCUSSION AND ANALYSIS</font></b></p>
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<p style="border:none;margin:0in 0in .0001pt;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">FOR THE THREE MONTHS ENDED MARCH&nbsp;31, 2017</font></b></p>
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<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;">This Management&#146;s Discussion and Analysis (MD&amp;A) dated May&nbsp;11, 2017 should be read in conjunction with the unaudited interim consolidated financial statements and notes thereto of Enbridge Inc. (Enbridge or the Company) as at and for the three months ended March&nbsp;31, 2017, prepared in accordance with </font><font color="black" face="Arial" style="border:none;color:black;">generally accepted accounting principles</font><font color="black" face="Arial" style="border:none;color:black;"> in the United States of America (U.S. GAAP). It should also be read in conjunction with the Company&#146;s audited consolidated financial</font><font face="Arial" style="border:none;"> statements and MD&amp;A for the year ended December&nbsp;31, <font color="black" style="color:black;">2016</font> filed on February&nbsp;17, 2017. For information relating to assets and operations acquired through the combination with Spectra Energy Corp (Spectra Energy), additional information is also available in Spectra Energy&#146;s annual MD&amp;A for the year ended December&nbsp;31, 2016 filed on SEDAR on February&nbsp;24, 2017. All financial measures presented in this MD&amp;A are expressed in Canadian dollars, unless otherwise indicated. Additional information related to the Company, including its Annual Information Form, is available on SEDAR at <u><font color="blue" style="color:blue;">www.sedar.com</font></u>.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="4" color="black" face="Arial" style="border:none windowtext 1.0pt;color:black;font-size:13.0pt;font-weight:bold;padding:0in;">MERGER WITH SPECTRA ENERGY</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none windowtext 1.0pt;font-size:10.0pt;padding:0in;">On February&nbsp;27, 2017, Enbridge announced the closing of the previously announced combination of Enbridge and Spectra Energy through a stock-for-stock merger transaction (the Merger Transaction).</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none windowtext 1.0pt;font-size:10.0pt;padding:0in;">Under the terms of the Merger Transaction, Spectra Energy shareholders received 0.984 shares of Enbridge for each share of Spectra Energy common stock they held. Upon closing of the Merger Transaction, Enbridge shareholders owned approximately 57% of the combined company and Spectra Energy shareholders owned approximately 43%.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="border:none windowtext 1.0pt;color:black;font-size:10.0pt;padding:0in;">Spectra Energy, now wholly-owned by Enbridge, is one of North America&#146;s leading natural gas delivery companies owning and operating a large, diversified and complementary portfolio of gas transmission, midstream gathering and processing and distribution assets. It also owns and operates a crude oil pipeline </font><font color="black" face="Arial" style="color:black;">system<font style="border:none windowtext 1.0pt;padding:0in;"> that connects Canadian and United States producers to refineries in the United States Rocky Mountain and Midwest regions. </font></font><font face="Arial">The combination with Spectra has created the largest energy infrastructure Company in North America with an extensive portfolio of energy assets that are well positioned to serve key supply basins and end use markets and multiple business platforms through which to drive future growth. At the time of closing of the Merger Transaction, the Company&#146;s capital program included $27 billion of commercially secured growth projects which are expected to come into service through 2019 and an additional portfolio of projects in earlier stages of development of approximately $48 billion expected to come into service by 2024. These growth projects, together with Enbridge&#146;s existing businesses, are expected to generate dividend growth of 10% to 12% on average through 2024.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">A more detailed description of each of the businesses and underlying assets acquired through the Merger Transaction is provided under <i>Financial Results </i>within this MD&amp;A. </font><font face="Arial" style="border:none windowtext 1.0pt;padding:0in;">The results of operations from assets acquired through the Merger Transaction are included in Enbridge&#146;s financial statements and in this MD&amp;A on a prospective basis from the closing date of the Merger Transaction.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none windowtext 1.0pt;font-size:10.0pt;padding:0in;">Post-combination, the Company&#146;s activities will continue to be carried out through five business segments: Liquids Pipelines; Gas Distribution; Gas Pipelines and Processing; Green Power and Transmission; and Energy Services. As a result of the Merger Transaction, effective February&nbsp;27, 2017:</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial" style="border:none windowtext 1.0pt;padding:0in;">Liquids Pipelines also includes results from the operation of the Express-Platte System, a crude oil pipeline system in Canada and the United States comprising the Express pipeline and the Platte pipeline systems.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Gas Pipelines and Processing also includes Spectra&#146;s </font><font color="black" face="Arial" style="border:none windowtext 1.0pt;color:black;padding:0in;">United States</font><font face="Arial"> Transmission, BC Pipeline&nbsp;&amp; Field Services, Canadian Midstream and Maritimes&nbsp;&amp; Northeast Canada businesses, certain other gas pipeline, gathering and storage assets, as well as the results of the Company&#146;s 50% interest in DCP Midstream.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial" style="border:none windowtext 1.0pt;padding:0in;">Gas Distribution also includes results from the operation of Union Gas Limited (Union Gas), a major Canadian natural gas storage, transmission and distribution company that serves customers in Ontario.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">2</font><a name="PB_2_105415_7056"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">A number of the assets acquired through the Merger Transaction and included in the business segments discussed above are owned through the Company&#146;s investment in Spectra Energy Partners, L.P. (SEP). As a result of the combination, Enbridge now holds a 75% equity interest in SEP, a natural gas and crude oil infrastructure master limited partnership, which owns 100% of Texas Eastern Transmission, L.P. (Texas Eastern), 91% of Algonquin Gas Transmission, L.L.C. (Algonquin), 100% of East Tennessee Natural Gas, L.L.C. (East Tennessee), 100% of Express-Platte, 100% of Saltville Gas Storage Company L.L.C. (Saltville), 100% of Ozark Gas Gathering, L.L.C. and Ozark Gas Transmission, L.L.C., 100% of Big Sandy Pipeline, L.L.C., 100% of Market Hub Partners Holding, 100% of Bobcat Gas Storage, 78% of Maritimes&nbsp;&amp; Northeast Pipeline, L.L.C. (M&amp;N U.S.), 50% of Southeast Supply Header, L.L.C., 50% of Steckman Ridge, L.P. and 50% of Gulfstream Natural Gas System, L.L.C. (Gulfstream).</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">UNITED STATES SPONSORED VEHICLE STRATEGY</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On April&nbsp;28, 2017, Enbridge announced the completion of the strategic review of Enbridge Energy Partners, L.P. (EEP). The following actions, together with the measures announced in January&nbsp;2017 and disclosed in the Company&#146;s annual MD&amp;A, were taken to restore EEP&#146;s value proposition to its unitholders and to Enbridge:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Acquisition of Midcoast Assets</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Enbridge, through a wholly-owned subsidiary, entered into a definitive agreement with EEP to acquire all of EEP&#146;s interest in the Midcoast gas gathering and processing business for cash consideration of US$1.31 billion plus existing indebtedness of Midcoast Energy Partners, L.P. (MEP) of US$0.84 billion. Subsequent to the closing of the previously announced privatization of MEP, which closed on April&nbsp;27, 2017, as discussed below, 100% of the Midcoast gas gathering and processing business will be owned by Enbridge.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Finalization of Bakken Pipeline System Joint Funding Agreement</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Enbridge entered into a joint funding arrangement with EEP for the Bakken Pipeline System, whereby Enbridge owns 75% and EEP owns 25% of the Bakken Pipeline System. EEP will have a five-year option to increase its interest by 20% at net book value. With the finalization of this joint funding arrangement, EEP repaid the outstanding balance of US$1.5 billion under a credit agreement with Enbridge which it had drawn upon to fund the initial purchase.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">EEP Strategic Restructuring Actions</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">EEP redeemed all of its outstanding Series&nbsp;1 Preferred Units held by Enbridge at face value of US$1.2 billion through the issuance of 64.3 million Class&nbsp;A common units to Enbridge. Further, Enbridge irrevocably waived all of its rights associated with its 66.1 million Class&nbsp;D units and 1,000 Incentive Distribution Units (IDUs) in exchange for the issuance of 1,000 Class&nbsp;F units. The irrevocable waiver is effective with respect to distributions declared with a record date after April&nbsp;27, 2017. In connection with these strategic restructuring actions, EEP reduced its quarterly distribution from US$0.583 per unit to US$0.35 per unit.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The irrevocable waiver of the Class&nbsp;D units and IDUs, the redemption of the Series&nbsp;1 Preferred Units and the reduction in the quarterly distributions will result in a lower contribution of adjusted earnings from EEP. These lower contributions will be partially offset by an increased contribution of adjusted earnings through Enbridge&#146;s increased ownership in the Class&nbsp;A common units.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">PRIVATIZATION OF MIDCOAST ENERGY PARTNERS</font></b></p>
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<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On April&nbsp;27, 2017, Enbridge completed its previously-announced merger through a wholly-owned subsidiary, whereby it took private MEP by acquiring all of the outstanding publicly-held common units of MEP for a total consideration of approximately US$170 million.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="border:none;margin:0in 0in .0001pt;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">ASSET MONETIZATION</font></b></p>
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<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">In conjunction with the announcement of the Merger Transaction in September&nbsp;2016, the Company also announced its intention to divest $2 billion of assets over the ensuing 12 months in order to further strengthen its post-combination balance sheet and enhance the financial flexibility of the combined entity.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On April&nbsp;18, 2017, the Company and Enbridge Income Fund Holdings Inc. (ENF) completed the secondary offering of 17,347,750 ENF common shares to the public at a price of $33.15 per share, for gross proceeds to Enbridge of approximately $0.6 billion (the Secondary Offering). To effect the Secondary Offering, Enbridge exchanged 21,657,617 Fund units it owned for an equivalent amount of ENF common shares. In order to maintain its 19.9% interest in ENF, Enbridge retained 4,309,867 of the common shares it received in the exchange, and sold the balance under the Secondary Offering. Enbridge used the proceeds from the Secondary Offering to pay down short-term debt, pending reinvestment by the Company in its growing portfolio of secured projects. Upon closing of the Secondary Offering, the Company&#146;s total economic interest in ENF decreased from 86.9% to 84.6%.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">With the completion of the Secondary Offering, the Ozark pipeline system sale and other divestitures completed in 2016, the Company has exceeded the $2 billion monetization target it announced in September&nbsp;2016.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="4" color="black" face="Arial" style="color:black;font-size:13.0pt;font-weight:bold;">CONSOLIDATED EARNINGS</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">Three&nbsp;months&nbsp;ended</font></p>    </td>   </tr>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
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<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2016</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(millions of Canadian dollars, except per share   amounts)</font></i></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Liquids   Pipelines</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,124</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,612</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Gas   Pipelines and Processing</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">339</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">61</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Gas   Distribution</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">275</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">239</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Green   Power and Transmission</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">50</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">49</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Energy   Services</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">156</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(6)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Eliminations   and Other</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(315)</font></b></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">221</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings   before interest and income taxes</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,629</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2,176</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Interest   expense</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(486)</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(412)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Income   taxes</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(198)</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(417)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings   attributable to noncontrolling interests and redeemable noncontrolling   interests</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(224)</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(61)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   share dividends</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(83)</font></b></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(73)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings   attributable to common shareholders</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">638</font></b></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,213</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings   per common share</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">0.54</font></b></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1.38</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Diluted   earnings per common share</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">0.54</font></b></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1.38</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">EARNINGS BEFORE INTEREST AND INCOME TAXES</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">For the three months ended March&nbsp;31, 2017, earnings before interest and income taxes (EBIT) was $1,629 million compared with $2,176 million for the three months ended March&nbsp;31, 2016. As discussed below in <i>Adjusted EBIT</i>, the first quarter of 2017 earnings were positively impacted by the contributions from new assets following the completion of the Merger Transaction on February&nbsp;27, 2017 <i>&#150; </i>refer to <i>Merger with Spectra Energy.</i></font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The quarter-over-quarter decrease in EBIT was largely driven by the Liquids Pipelines segment, which delivered lower adjusted EBIT for the three months ended March&nbsp;31, 2017, mainly attributable to a lower effective foreign exchange rate, the divestiture of certain Liquids Pipelines assets and a change in normalization policy for recording make-up rights. EBIT for the rest of the year is expected to be positively impacted by increased throughput optimization on the mainline system and the effect of new projects coming into service in 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">4</font><a name="PB_4_113904_8715"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The comparability of the Company&#146;s earnings quarter-over-quarter is also impacted by a number of unusual, non-recurring or non-operating factors that are enumerated in the Non-GAAP Reconciliation tables and discussed in the results for each reporting segment, the most significant of which are changes in unrealized derivative fair value gains and losses. For the three months ended March&nbsp;31, 2017, the Company&#146;s EBIT reflected $416 million of unrealized derivative fair value gains compared with gains of $932 million in the corresponding 2016 period. The Company has a comprehensive long-term economic hedging program to mitigate interest rate, foreign exchange and commodity price risks which create volatility in short-term earnings. Over the long term, Enbridge believes its hedging program supports the reliable cash flows and dividend growth upon which the Company&#146;s investor value proposition is based.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">EBIT for the first quarter of 2017 also reflected charges of $152 million ($111 million after-tax) with respect to costs incurred in conjunction with the Merger Transaction, as well as $129 million ($92 million after-tax) of employee severance costs in relation to the Company&#146;s enterprise-wide reduction of workforce in March&nbsp;2017 and restructuring costs in connection with the completion of the Merger Transaction.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Earnings attributable to common shareholders were $638 million for the </font><font color="black" face="Arial" style="border:none;color:black;">three months ended March&nbsp;31, 2017</font><font face="Arial" style="border:none;">, or earnings of $0.54 per common share, compared with $1,213 million, or earnings of $1.38 per common share, for the </font><font color="black" face="Arial" style="border:none;color:black;">three months ended March&nbsp;31, 2016</font><font face="Arial" style="border:none;">. As further discussed in <i>Adjusted EBIT</i>, first quarter earnings were positively impacted by contributions from assets acquired following the completion of the Merger Transaction on February&nbsp;27, 2017 <i>&#150; </i>refer to <i>Merger with Spectra Energy.</i></font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">In addition to the factors discussed in <i>EBIT</i> above and in <i>Adjusted EBIT </i>and <i>Adjusted Earnings </i>below, the quarter-over-quarter comparability of earnings attributable to common shareholders was impacted by a number of unusual, non-recurring and non-operating factors that are summarized and described under <i>Non-GAAP Reconciliation &#150; EBIT to Adjusted Earnings.</i></font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">A lower earnings per common share for the three months ended March&nbsp;31, 2017 compared with the corresponding 2016 period also reflected the issuance of approximately 691 million common shares in February&nbsp;2017 as part of the consideration for the Merger Transaction, and other issuances of approximately 75 million common shares in 2016, inclusive of 56 million common shares issued in March&nbsp;2016.</font></p>
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<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">5</font><a name="PB_5_113904_563"></a></p>
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<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">FORWARD-LOOKING INFORMATION</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">Forward-looking information, or forward-looking statements, have been included in this MD&amp;A to provide information about the Company and its subsidiaries and affiliates, including management&#146;s assessment of Enbridge and its subsidiaries&#146; future plans and operations. This information may not be appropriate for other purposes. Forward-looking statements are typically identified by words such as &#145;&#145;anticipate&#146;&#146;, &#145;&#145;expect&#146;&#146;, &#145;&#145;project&#146;&#146;, &#145;&#145;estimate&#146;&#146;, &#145;&#145;forecast&#146;&#146;, &#145;&#145;plan&#146;&#146;, &#145;&#145;intend&#146;&#146;, &#145;&#145;target&#146;&#146;, &#145;&#145;believe&#146;&#146;, &#147;likely&#148; and similar words suggesting future outcomes or statements regarding an outlook. Forward-looking information or statements included or incorporated by reference in this document include, but are not limited to, statements with respect to the following: expected EBIT or expected adjusted EBIT; expected earnings/(loss) or adjusted earnings/(loss); expected earnings/(loss) or adjusted earnings/(loss) per share; expected future cash flows; financial strength and flexibility; expectations on sources of liquidity and sufficiency of financial resources; expected costs related to announced projects and projects under construction; </font></i><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">expected in-service dates for announced projects and projects under construction; </font></i><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">expected capital expenditures; expected equity funding requirements for the Company&#146;s commercially secured growth program; expected future growth and expansion opportunities; </font></i><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">expectations about the Company&#146;s joint venture partners&#146; ability to complete and finance projects under construction; expected closing of acquisitions and dispositions; estimated cost and impact to the Company&#146;s overall financial performance of complying with the settlement consent decree related to Line 6B and Line 6A; </font></i><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">estimated future dividends; recovery of the costs of the Canadian portion of the Line 3 Replacement Program (Canadian L3R Program) through the use of surcharges; expected future actions of regulators; expected costs related to leak remediation and potential insurance recoveries; expectations regarding commodity prices; supply forecasts</font></i><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">; expectations regarding the impact of the Merger Transaction </font></i><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">including the combined Company&#146;s scale, financial flexibility, growth program, future business prospects and performance; impact of the Canadian L3R Program on existing integrity programs; </font></i><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">dividend payout policy; dividend growth and dividend payout expectation; expectations on impact of hedging program; strategic alternatives currently being evaluated in connection with the United States sponsored vehicles strategy and the regulatory framework and recovery of deferred costs by Enbridge Gas New Brunswick Inc.</font></i></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">Although Enbridge believes these forward-looking statements are reasonable based on the information available on the date such statements are made and processes used to prepare the information, such statements are not guarantees of future performance and readers are cautioned against placing undue reliance on forward-looking statements. By their nature, these statements involve a variety of assumptions, known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements. Material assumptions include assumptions about the following: the expected supply of and demand for crude oil, natural gas, natural gas liquids (NGL) and renewable energy; prices of crude oil, natural gas, NGL and renewable energy; exchange rates; inflation; interest rates; availability and price of labour and construction materials; operational reliability; customer and regulatory approvals; maintenance of support and regulatory approvals for the Company&#146;s projects; anticipated in-service dates; weather; </font></i><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">the realization of anticipated benefits and synergies of the Merger Transaction, governmental legislation, acquisitions and the timing thereof; the success of integration plans; cost of complying with the settlement consent decree related to Line 6B and Line 6A; </font></i><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">impact of the dividend policy on the Company&#146;s future cash flows; credit ratings; capital project funding; expected EBIT or expected adjusted EBIT; expected earnings/(loss) or adjusted earnings/(loss); expected earnings/(loss) or adjusted earnings/(loss) per share; expected future cash flows and estimated future dividends. Assumptions regarding the expected supply of and demand for crude oil, natural gas, NGL and renewable energy, and the prices of these commodities, are material to and underlie all forward-looking statements. These factors are relevant to all forward-looking statements as they may impact current and future levels of demand for the Company&#146;s services. Similarly, exchange rates, inflation and interest rates impact the economies and business environments in which the Company operates and may impact levels of demand for the Company&#146;s services and cost of inputs, and are therefore inherent in all forward-looking statements. Due to the interdependencies and correlation of these macroeconomic factors, the impact of any one assumption on a forward-looking statement cannot be determined with certainty, </font></i><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">particularly with respect to the impact of the Merger Transaction on the Company, </font></i><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">expected EBIT, adjusted EBIT, earnings/(loss), adjusted earnings/(loss) and associated per share amounts, or estimated future dividends. The most relevant assumptions associated with forward-looking statements on announced projects and projects under construction, including estimated completion dates and expected capital expenditures, include the following: the availability and price of labour and construction materials; the effects of inflation and foreign exchange rates on labour and material costs; the effects of interest rates on borrowing costs; the impact of weather and customer, government and regulatory approvals on construction and in-service schedules and cost recovery regimes.</font></i></p>
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<p style="border:none;margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">Enbridge&#146;s forward-looking statements are subject to risks and uncertainties pertaining to the impact of the Merger Transaction, operating performance, regulatory parameters, dividend policy, project approval and support, renewals of rights of way, weather, economic and competitive conditions, public opinion, changes in tax laws and tax rates, exchange rates, interest rates, commodity prices, </font></i><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">political decisions, supply of and demand for commodities and the settlement consent decree related to Line 6B and Line 6A, </font></i><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">including but not limited to those risks and uncertainties</font></i></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">6</font><a name="PB_6_113904_9497"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="border:none;color:black;font-size:9.0pt;font-style:italic;">discussed in this MD&amp;A and in the Company&#146;s other filings with Canadian and United States securities regulators. The impact of any one risk, uncertainty or factor on a particular forward-looking statement is not determinable with certainty as these are interdependent and Enbridge&#146;s future course of action depends on management&#146;s assessment of all information available at the relevant time. Except to the extent required by applicable law, Enbridge assumes no obligation to publicly update or revise any forward-looking statements made in this MD&amp;A or otherwise, whether as a result of new information, future events or otherwise. All subsequent forward-looking statements, whether written or oral, attributable to Enbridge or persons acting on the Company&#146;s behalf, are expressly qualified in their entirety by these cautionary statements.</font></i></p>
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<p style="border:none;margin:0in 0in .0001pt;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">NON-GAAP MEASURES</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">This MD&amp;A contains references to adjusted EBIT, adjusted earnings and adjusted earnings per common share. Adjusted EBIT represents EBIT adjusted for unusual, non-recurring or non-operating factors on both a consolidated and segmented basis. Adjusted earnings represent earnings or loss attributable to common shareholders adjusted for unusual, non-recurring or non-operating factors included in adjusted EBIT, as well as adjustments for unusual, non-recurring or non-operating factors in respect of interest expense, income taxes, noncontrolling interests and redeemable noncontrolling interests on a consolidated basis. These factors, referred to as adjusting items, are reconciled and discussed in the financial results sections for the affected business segments.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Management believes the presentation of adjusted EBIT, adjusted earnings and adjusted earnings per share gives useful information to investors and shareholders as they provide increased transparency and insight into the performance of the Company. </font><font face="Arial" style="border:none;">Management uses adjusted EBIT and adjusted earnings to set targets and to assess the performance of the Company.</font><font face="Arial" style="border:none;"> Adjusted EBIT, adjusted EBIT for each segment, adjusted earnings and adjusted earnings per common share are not measures that have standardized meaning prescribed by U.S. GAAP and are not U.S. GAAP measures. Therefore, these measures may not be comparable with similar measures presented by other issuers.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The tables below summarize the reconciliation of the GAAP and non-GAAP measures.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">7</font><a name="PB_7_113904_3641"></a></p>
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<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">NON-GAAP RECONCILIATION &#150; EBIT TO ADJUSTED EARNINGS</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Three&nbsp;months&nbsp;ended</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2016</font></p>    </td>   </tr>
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<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings   before interest and income taxes</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,629</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2,176</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusting   items</font><font size="1" face="Arial" style="font-size:5.0pt;position:relative;top:-3.0pt;">1</font><font face="Arial">:</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt 12.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Change in unrealized derivative fair value gains</font><font size="1" face="Arial" style="font-size:5.0pt;position:relative;top:-3.0pt;">2</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(416)</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(932)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt 12.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Unrealized intercompany foreign exchange loss</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">7</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">60</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt 12.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Hydrostatic testing</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 5.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(12)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt 12.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Make-up rights adjustments</font><font size="1" face="Arial" style="font-size:5.0pt;position:relative;top:-3.0pt;">3</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 5.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">67</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt 12.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Leak remediation costs, net of leak insurance recoveries</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">4</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">15</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt 12.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Warmer than normal weather</font><font size="1" face="Arial" style="font-size:5.0pt;position:relative;top:-3.0pt;">4</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 5.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">17</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt 12.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Project development and transaction costs</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">153</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 5.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt 12.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Employee severance and restructuring costs</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">129</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 5.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt 12.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Other</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">9</font></b></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(17)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusted   earnings before interest and income taxes</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,515</font></b></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,374</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Interest   expense</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(486)</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(412)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Income   taxes</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(198)</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(417)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings   attributable to noncontrolling interest and redeemable noncontrolling   interests</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(224)</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(61)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   share dividends</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(83)</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(73)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusting   items in respect of:</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt 12.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Interest expense</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">21</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">18</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt 12.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Income taxes</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">54</font></b></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">241</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt 12.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Noncontrolling interests and redeemable noncontrolling   interests</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">76</font></b></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(7)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:79.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusted   earnings</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">675</font></b></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">663</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.56%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">1</font></i></p>    </td>
<td width="97%" valign="top" style="padding:0in 0in 0in 0in;width:97.44%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">The above table summarizes adjusting items by   nature. For a detailed listing of adjusting items by segment, refer to   individual segment discussions.</font></i></p>    </td>   </tr>
<tr>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.56%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">2</font></i></p>    </td>
<td width="97%" valign="top" style="padding:0in 0in 0in 0in;width:97.44%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">Changes in unrealized derivative fair value gains   and losses are presented net of amounts realized on the settlement of   derivative contracts during the applicable period.</font></i></p>    </td>   </tr>
<tr>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.56%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">3</font></i></p>    </td>
<td width="97%" valign="top" style="padding:0in 0in 0in 0in;width:97.44%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">Effective January&nbsp;1, 2017, the Company no   longer makes such an adjustment to its EBIT. For further details refer to   Financial Results - Liquids Pipelines.</font></i></p>    </td>   </tr>
<tr>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.56%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">4</font></i></p>    </td>
<td width="97%" valign="top" style="padding:0in 0in 0in 0in;width:97.44%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">Effective January&nbsp;1, 2017, the Company no   longer makes such an adjustment to its EBIT. For further details refer to   Financial Results - Gas Distribution.</font></i></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">8</font><a name="PB_8_113904_5250"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
</div>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">NON-GAAP RECONCILIATION &#150; ADJUSTED EBIT TO ADJUSTED EARNINGS</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
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<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Three months ended</font><font face="Arial"><br>    </font><font color="black" face="Arial" style="color:black;">March&nbsp;31,</font></p>    </td>   </tr>
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<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of Canadian dollars, except per share amounts)</font></i></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="79%" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Liquids Pipelines</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">970</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">1,084</font></p>    </td>   </tr>
<tr>
<td width="79%" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Gas Pipelines and Processing </font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">336</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">87</font></p>    </td>   </tr>
<tr>
<td width="79%" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Gas Distribution</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">269</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">240</font></p>    </td>   </tr>
<tr>
<td width="79%" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Green Power and Transmission</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">50</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">48</font></p>    </td>   </tr>
<tr>
<td width="79%" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Energy Services</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">(5)</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">1</font></p>    </td>   </tr>
<tr>
<td width="79%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Eliminations and Other</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">(105)</font></b></p>    </td>
<td width="9%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(86)</font></p>    </td>   </tr>
<tr>
<td width="79%" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Adjusted earnings before interest   and income taxes</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,515</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">1,374</font></p>    </td>   </tr>
<tr>
<td width="79%" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Interest expense</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">(465)</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(394)</font></p>    </td>   </tr>
<tr>
<td width="79%" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Income taxes</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">(144)</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(176)</font></p>    </td>   </tr>
<tr>
<td width="79%" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Noncontrolling interests and   redeemable noncontrolling interests</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">(148)</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(68)</font></p>    </td>   </tr>
<tr>
<td width="79%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Preference share dividends</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">(83)</font></b></p>    </td>
<td width="9%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(73)</font></p>    </td>   </tr>
<tr>
<td width="79%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Adjusted earnings</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">675</font></b></p>    </td>
<td width="9%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">663</font></p>    </td>   </tr>
<tr>
<td width="79%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Adjusted earnings per common share</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">0.57</font></b></p>    </td>
<td width="9%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">0.76</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">&nbsp;&nbsp;&nbsp;</font></i><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">These balances are presented net of adjusting items.</font></i></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Adjusted EBIT</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">For the three months ended March&nbsp;31, 2017, adjusted EBIT was $1,515 million, an increase of $141 million over the comparable period in 2016. The first quarter of 2017 adjusted EBIT reflected 33 days of results of operations from new assets following the completion of </font><font face="Arial" style="border:none;">the Merger Transaction on February&nbsp;27, 2017 - refer to <i>Merger with Spectra Energy.</i> Contributions from these new assets were the key driver for the quarter-over-quarter growth in consolidated adjusted EBIT.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Growth in consolidated adjusted EBIT was most pronounced in the Gas Pipelines and Processing segment, where a majority of the new assets acquired through the Merger Transaction are reported. Quarter-over-quarter growth for this segment also reflected contributions from the </font><font face="Arial" style="border:none;">Tupper Main and Tupper West gas plants (the Tupper Plants) acquired in April&nbsp;2016, as well as higher adjusted EBIT from Alliance Pipeline that was driven by strong demand for seasonal firm service in the first quarter of 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Adjusted EBIT for Liquids Pipelines in the first quarter of 2017 was lower than the comparable period in 2016</font><font face="Arial" style="border:none;">, attributable to several factors, including a lower quarter-over-quarter foreign exchange hedge rate used to record Canadian Mainline revenues. The IJT Benchmark Toll and its components are set in United States dollars and the majority of the Company&#146;s foreign exchange risk on Canadian Mainline revenues is hedged. The effective hedge rate for the translation of Canadian Mainline United States dollar transactional revenues for the first quarter of 2017 was $1.04 compared with $1.11 for the corresponding period in 2016. </font><font face="Arial" style="border:none;">In addition, the Canadian dollar foreign exchange rate at which United States operations were translated strengthened from $1.37 in the first quarter of 2016 to $1.32 for the corresponding period in 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Further contributing to lower quarter-over-quarter EBIT was the sale of certain assets and reduced surcharges on the Bakken System and lower contributions on rail facilities owned by EEP due to expiry of contracts. In addition, EBIT generated by the United States Mid-Continent and Gulf Coast Systems were lower in the first quarter of 2017 as, effective January&nbsp;1, 2017, the Company no longer adjusts for revenue that is deferred from certain take or pay tolling arrangements with make-up rights in its determination of adjusted EBIT. </font><font face="Arial" style="border:none;">EBIT for the rest of the year is expected to be positively impacted by increased throughput optimization on the mainline system and the effect of new projects coming into service in 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Within the Gas Distribution segment, Enbridge Gas Distribution Inc. (EGD) generated lower adjusted EBIT in the first quarter of 2017 compared with the corresponding 2016 period, primarily due to lower distribution revenues attributable to warmer than normal weather in the first quarter of 2017. Effective January&nbsp;1, 2017, EGD ceased to exclude the effect of warmer/colder weathers from its adjusted EBIT. The effect of the warmer weather in EGD&#146;s adjusted EBIT for the first quarter of 2017 was approximately $29 million. The quarter-over-quarter decrease in EGD&#146;s adjusted EBIT was more than offset by contributions from Union Gas since the completion of the Merger Transaction.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">9</font><a name="PB_9_090413_3299"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Within Eliminations and Other, higher operating and administrative expenses drove an increase in the quarter-over-quarter adjusted loss. Operating and administrative costs were higher in the first quarter of 2017 due to higher information technology and other centralized service costs post integration with Spectra Energy and proportionally lower recoveries from business units during the quarter.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Adjusted Earnings</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Adjusted earnings were $675 million, or $0.57 per common share, for the </font><font color="black" face="Arial" style="border:none;color:black;">three months ended March&nbsp;31, 2017 </font><font face="Arial" style="border:none;">compared with $663 million, or $0.76 per common share, for the </font><font color="black" face="Arial" style="border:none;color:black;">three months ended March&nbsp;31, 2016</font><font face="Arial" style="border:none;">.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Partially offsetting the quarter-over-quarter adjusted EBIT growth discussed above was higher interest expense as a result of debt assumed in the Merger Transaction. Preference share dividends were also higher quarter-over-quarter reflecting additional preference shares issued in the fourth quarter of 2016 to partially fund the Company&#146;s growth capital program.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Income taxes were lower in the first quarter of 2017 despite the quarter-over-quarter increase in adjusted earnings due to a valuation allowance expense recorded in the first quarter of 2016.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Adjusted earnings attributable to noncontrolling interests and redeemable noncontrolling interests increased in the first quarter of 2017 compared with the corresponding 2016 period. The increase was driven by additional noncontrolling interests in respect of the assets acquired in the Merger Transaction and an increase in earnings attributable to noncontrolling interests as a result of the EEP restructuring.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Interest expense, income taxes and noncontrolling interests and redeemable noncontrolling interests were also impacted by adjustments for unusual, non-recurring and non-operating factors.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Adjusted earnings per common share for the three months ended March&nbsp;31, 2017 compared with the corresponding 2016 period also reflected the issuance of approximately 691 million common shares in February&nbsp;2017 as part of the consideration for the Merger Transaction, and other issuances of approximately 75 million common shares in 2016, inclusive of 56 million common shares issued in March&nbsp;2016.</font></p>
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<p style="margin:0in 0in .0001pt;"><b><font size="4" color="black" face="Arial" style="color:black;font-size:13.0pt;font-weight:bold;">GROWTH PROJECTS &#150; COMMERCIALLY SECURED PROJECTS</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The following table summarizes the status of the Company&#146;s commercially secured projects, organized by business segment. Expenditures to date reflect total cumulative expenditures incurred from inception of the project to March&nbsp;31, 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="3%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="33%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">Estimated </font></b><font face="Arial"><br>    </font><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">Capital Cost</font></b><b><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;font-weight:bold;position:relative;top:-4.0pt;">1</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">Expenditures</font></b><font face="Arial"><br>    </font><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">to Date</font></b><b><font size="1" color="black" face="Arial" style="color:black;font-size:4.5pt;font-weight:bold;position:relative;top:-4.0pt;">2</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">Expected</font></b><font face="Arial"><br>    </font><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">In-Service</font></b><font face="Arial"><br>    </font><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">Date</font></b></p>    </td>
<td width="3%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">Status</font></b></p>    </td>   </tr>
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<td width="36%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:36.58%;">
<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(Canadian dollars, unless stated otherwise)</font></i></p>    </td>
<td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="padding:0in 0in 0in 0in;width:12.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="36%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:36.58%;">
<p style="margin:1.0pt 0in .0001pt 10.0pt;text-indent:-10.0pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">LIQUIDS   PIPELINES</font></b></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:1.0pt 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p style="margin:1.0pt 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:1.0pt 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p style="margin:1.0pt 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:1.0pt 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p style="margin:1.0pt 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:1.0pt 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p style="margin:1.0pt 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">1.</font></p>
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Norlite Pipeline System (the Fund   Group)</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">3</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$1.3   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$1.0   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Complete</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2.</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Bakken Pipeline System (EEP)</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$1.5   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$1.5   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Substantially<br>   complete</font></p>    </td>   </tr>
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<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">3.</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Regional Oil Sands Optimization   Project (the Fund Group)</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$2.6   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$2.2   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017<br>   (in phases)</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Under</font><font face="Arial"><br>    </font><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">construction</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">4.</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Lakehead System Mainline Expansion   - Line 61 (EEP)</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">4</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$0.4   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$0.4   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2019</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Under</font><font face="Arial"><br>    </font><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">construction</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">5.</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Canadian Line 3 Replacement   Program (the Fund Group)</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">5</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$4.9   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$1.6   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2019</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Pre-</font><font face="Arial"><br>    </font><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">construction</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">6.</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">U.S. Line 3 Replacement Program   (EEP)</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">4,5</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$2.6   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$0.5   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2019</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Pre-</font><font face="Arial"><br>    </font><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">construction</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">7.</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Other - Canada</font></p>
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$0.3   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$0.1   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017-2018</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Various</font></p>    </td>   </tr>
<tr>
<td width="36%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:36.58%;">
<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">GAS PIPELINES   AND PROCESSING</font></b></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">8.</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Sabal Trail (SEP)</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">6</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$1.6   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$1.3   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Under<br>   construction</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">9.</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Access South, Adair Southwest and   Lebanon Extension (SEP)</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">6</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$0.5   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$0.1   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Under<br>   construction</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">10.</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Atlantic Bridge (SEP)</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">6</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$0.5   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$0.2   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017-2018</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Under<br>   construction</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">11.</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">NEXUS (SEP)</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">6</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$1.1   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$0.4   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017<br>   (in phases)</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Pre-<br>   construction</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">12.</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">High Pine</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">6</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$0.4 billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$0.2 billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Under<br>   construction</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">13.</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Reliability   and Maintainability (RAM) Project</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">6</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$0.5 billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$0.2 billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017-2018<br>   (in phases)</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Under<br>   construction</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">14.</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Valley   Crossing Pipeline</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">6</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$1.5 billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$0.3 billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2018</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Under<br>   construction</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">15.</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Spruce Ridge   Program</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">6</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$0.6 billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">No significant<br>   expenditures to date</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2019</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Pre-<br>   construction</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">16.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">&nbsp;</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Other -   United States</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">6</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$1.3 billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$0.8 billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017-2019</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Various</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">17.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">&nbsp;</font></p>    </td>
<td width="33%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Other -   Canada</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">6</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$0.4 billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$0.2 billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017-2018</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Various</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">11</font><a name="PB_11_102251_5335"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
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<br clear="all" style="page-break-before:always;">
<div>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="3%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="32%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:32.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">Estimated</font></b><font face="Arial"><br>    </font><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">Capital Cost</font></b><b><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;font-weight:bold;position:relative;top:-4.0pt;">1</font></b></p>    </td>
<td width="3%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">Expenditures</font></b><font face="Arial"><br>    </font><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">to Date</font></b><b><font size="1" color="black" face="Arial" style="color:black;font-size:4.5pt;font-weight:bold;position:relative;top:-4.0pt;">2</font></b></p>    </td>
<td width="3%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">Expected</font></b><font face="Arial"><br>    </font><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">In-Service</font></b><font face="Arial"><br>    </font><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">Date</font></b></p>    </td>
<td width="3%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;font-weight:bold;">Status</font></b></p>    </td>   </tr>
<tr>
<td width="36%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:36.58%;">
<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(Canadian dollars, unless stated otherwise)</font></i></p>    </td>
<td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="padding:0in 0in 0in 0in;width:12.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" colspan="3" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:36.58%;">
<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">GAS   DISTRIBUTION</font></b></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">18.</font></p>    </td>
<td width="33%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017 Dawn-Parkway Expansion</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">6 <br>    </font><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">(Union Gas)</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$0.6   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$0.5   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Under<br>   construction</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">19.</font></p>    </td>
<td width="33%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Other - Canada</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">6</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$0.3   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">No   significant<br>   expenditures to date</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Pre-<br>   construction</font></p>    </td>   </tr>
<tr>
<td width="36%" colspan="3" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:36.58%;">
<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">GREEN POWER   AND TRANSMISSION</font></b></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">20.</font></p>    </td>
<td width="33%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Chapman Ranch Wind Project</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$0.4   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">US$0.2   billion</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2017</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Under<br>   construction</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">21.</font></p>    </td>
<td width="33%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Rampion Offshore Wind Project</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$0.8   billion<br>   (&#163;0.37 billion)</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$0.4   billion<br>   (&#163;0.2 billion)</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2018</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Under<br>   construction</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">22.</font></p>    </td>
<td width="33%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:33.08%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Hohe See Offshore Wind Project</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">7</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.42%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$1.7   billion<br>   (</font><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">&#128;</font><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">1.07 billion)</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">$0.4   billion<br>   (</font><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">&#128;</font><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">0.3 billion)</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">2019</font></p>    </td>
<td width="3%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:3.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:9.0pt;">Pre-<br>   construction</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i></p>    </td>
<td width="96%" valign="top" style="padding:0in 0in 0in 0in;width:96.5%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">These amounts are estimates and   are subject to upward or downward adjustment based on various factors. Where   appropriate, the amounts reflect Enbridge&#146;s share of joint venture projects.</font></i></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">2</font></i></p>    </td>
<td width="96%" valign="top" style="padding:0in 0in 0in 0in;width:96.5%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Expenditures to date reflect   total cumulative expenditures incurred from inception of the project up to   March&nbsp;31, 2017.</font></i></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">3</font></i></p>    </td>
<td width="96%" valign="top" style="padding:0in 0in 0in 0in;width:96.5%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Enbridge will construct and   operate the Norlite Pipeline System. Keyera Corp. will fund 30% of the   project.</font></i></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">4</font></i></p>    </td>
<td width="96%" valign="top" style="padding:0in 0in 0in 0in;width:96.5%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">The Lakehead System Mainline   Expansion project is funded 75% by Enbridge and 25% by EEP. As discussed   under the </font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Line 3 Replacement Program<i> below, following EEP&#146;s January&nbsp;27, 2017 announcement, the   United States portion of the Line 3 Replacement (U.S. L3R Program) is being   funded 99% by Enbridge and 1% by EEP.</i></font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">5</font></i></p>    </td>
<td width="96%" valign="top" style="padding:0in 0in 0in 0in;width:96.5%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">As discussed under the </font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Line 3 Replacement Program<i> below, the expected   cost and in-service date of this project is under review by the Company in   light of the schedule for regulatory review and approval communicated by the   Minnesota Public Utilities Commission (MNPUC) on October&nbsp;28, 2016.</i></font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">6</font></i></p>    </td>
<td width="96%" valign="top" style="padding:0in 0in 0in 0in;width:96.5%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Includes projects acquired as   part of the Merger Transaction. For additional information, refer to </font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Merger with Spectra Energy.</font></p>    </td>   </tr>
<tr>
<td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">7</font></i></p>    </td>
<td width="96%" valign="top" style="padding:0in 0in 0in 0in;width:96.5%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">In February&nbsp;2017, Enbridge   acquired an effective 50% interest in the Hohe See Offshore Wind Project.</font></i></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">&nbsp;</font></i></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The description of each of the Enbridge projects, including EEP and the Fund Group, which is comprised of Enbridge Income Fund (the Fund), Enbridge Commercial Trust, Enbridge Income Partners LP and the subsidiaries and investees of Enbridge Income Partners LP, is provided in the Company&#146;s 2016 annual MD&amp;A. Projects where significant developments have occurred since February&nbsp;17, 2017, the date of the filing of the Company&#146;s MD&amp;A for the year ended December&nbsp;31, 2016, including the commercially secured growth projects acquired upon close of the Merger Transaction, are discussed below.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">LIQUIDS PIPELINES</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Norlite Pipeline System (the Fund Group)</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Norlite Pipeline System, a new industry diluent pipeline originating from the Company&#146;s Stonefell Terminal, was placed into commercial service on May&nbsp;1, 2017. To meet the needs of multiple producers in the Athabasca oil sands region, the 24-inch diameter pipeline provides an initial capacity of approximately 218,000 bpd of diluent, with the potential to be further expanded to approximately 465,000 bpd of capacity with the addition of pump stations.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Bakken Pipeline System (EEP)</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On February&nbsp;15, 2017, EEP&#146;s joint venture with Marathon Petroleum Corporation (MPC) and MarEn Bakken Company LLC completed the acquisition of 49% interest in the holding company that owns 75% of the Bakken Pipeline System from an affiliate of Energy Transfer Partners, L.P. and Sunoco Logistics Partners, L.P. Under this arrangement, EEP and MPC would indirectly hold 75% and 25%, respectively, of the joint venture&#146;s 49% interest in the holding company of the Bakken Pipeline System. The purchase price of EEP&#146;s effective 27.6% interest in the Bakken Pipeline System was US$1.5 billion.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">EEP initially funded the US$1.5 billion acquisition through a bridge loan provided by Enbridge through one of its affiliates. On April&nbsp;27, 2017, a joint funding arrangement with Enbridge and its affiliates was finalized whereby Enbridge owns 75% and EEP owns 25% of EEP&#146;s effective interest in the Bakken Pipeline System. EEP also has a five-year option to acquire an additional 20% interest in the Bakken Pipeline System at net book value. With the finalization of this joint funding arrangement, EEP repaid the US$1.5 billion outstanding under the bridge loan.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">12</font><a name="PB_12_103243_5796"></a></p>
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<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The construction of the Bakken Pipeline System is in the final stages of commissioning and is expected to begin generating cash flow during the second quarter of 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Lakehead System Mainline Expansion (EEP)</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Lakehead System Mainline Expansion includes several projects to expand capacity of the Lakehead System mainline between its origin at the Canada/United States border, near Neche, North Dakota, and Flanagan,&nbsp;Illinois. These projects include the expansion of Alberta Clipper (Line 67) and Southern Access (Line 61) and the construction of the Spearhead North Twin pipeline (Line 78). The expansion of Line 67 and construction of Line 78 were completed in 2015.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;">The Line 67 pipeline capacity expansion remains subject to the receipt of an amendment to the current Presidential Permit to allow for operation of the Line 67 pipeline at the United States/Canada border at its currently planned operating capacity of 800,000 barrels per day (bpd). On February&nbsp;10, 2017, the United States Department of State (DOS), the agency that is responsible for issuing permits for cross-border pipelines pursuant to a delegation of authority by the President under an Executive Order, issued a draft Supplemental Environmental Impact Statement (SEIS), which determined that there were no significant adverse environmental impacts from the planned capacity increase. The public comment period on the draft SEIS closed on March&nbsp;27, 2017. The DOS will review all received comments and prepare a final SEIS. The Executive Order also requires that the DOS initiate a 90-day inter-agency consultation period to solicit comments from certain other federal agencies on whether the Line 67 expansion will serve the &#147;national interest.&#148; The inter-agency consultation period commenced on March&nbsp;28, 2017. Following issuance of the final SEIS and completion of the inter-agency consultation process, the Administration will make a decision and issue a Presidential Permit if it finds that doing so is in the national interest. The Administration&#146;s decision is expected later in the year.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The remaining scope of the Lakehead System Mainline Expansion includes the Southern Access expansion between Superior, Wisconsin and Flanagan,&nbsp;Illinois. The expansion to increase the pipeline capacity to 1,200,000 bpd requires only the addition of pumping horsepower with no pipeline construction and is expected to cost approximately US$0.4 billion. In conjunction with shippers, a decision was made to delay the in-service date of this phase of the Southern Access expansion to 2019 to align more closely with the anticipated in-service date for the U.S. L3R Program. The expenditures incurred to date are approximately </font><font face="Arial" style="border:none;">US$0.4 billion</font><font face="Arial" style="border:none;">.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">EEP will operate this project on a cost-of-service basis. The Lakehead System Mainline Expansion is funded 75% by Enbridge and 25% by EEP under a joint funding agreement. Under that agreement, EEP has the option to increase its economic interest held by up to an additional 15% at cost.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Line 3 Replacement Program</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Line 3 Replacement Program will support the safety and operational reliability of the mainline system, enhance system flexibility, allow the Company and EEP to optimize throughput on the mainline system and restore approximately 370,000 bpd of capacity from western Canada into Superior, Wisconsin.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Canadian Line 3 Replacement Program (the Fund Group)</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Canadian L3R Program will complement existing integrity programs by replacing approximately 1,084 kilometres (673 miles) of the remaining line segments of the existing Line 3 pipeline between Hardisty, Alberta and Gretna, Manitoba.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">In April&nbsp;2016, the National Energy Board (NEB) found that the Canadian L3R Program is in the Canadian public interest and issued final conditions and a recommendation to the Federal Cabinet to issue the Certificate </font><font face="Arial" style="border:none;">of Public Convenience and Necessity (the Certificate) </font><font face="Arial" style="border:none;">for the construction and operation of the pipeline and related facilities. Regulatory approval was received from the Government of Canada on November&nbsp;29, 2016 with no material changes to permit conditions and on December&nbsp;1, 2016, the NEB issued the Certificate. Once the Certificate was issued, </font><font face="Arial" style="border:none;">Natural Resources Canada (NRCan) </font><font face="Arial" style="border:none;">released the final assessment of the upstream greenhouse gas emissions (GHG), as well as reports summarizing the additional Crown Consultation with Indigenous groups and the public online survey conducted by </font><font face="Arial" style="border:none;">NRCan</font><font face="Arial" style="border:none;">.</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">In December&nbsp;2016, the Manitoba Metis Federation (MMF) and the Association of Manitoba Chiefs (AMC) applied to the Federal Court of Appeal (Federal Court) for leave to judicially review the Government of Canada&#146;s decision to approve the Canadian L3R Program. The Federal Court has granted leave to both MMF and AMC to proceed with a judicial review of the Government of Canada&#146;s decision to approve the Canadian L3R Program. The outcome or timing of these proceedings, including their potential impact upon the Canadian L3R Program cannot be predicted at this time.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Enbridge is in the process of complying with pre-construction conditions, all in advance of any construction that may take place in 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Costs of the Canadian L3R Program will be recovered through a 15-year toll surcharge mechanism under the Competitive Toll Settlement (CTS).</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">United States Line 3 Replacement Program (EEP)</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The U.S. L3R Program will complement existing integrity programs by replacing approximately 576 kilometres (358 miles) of the remaining line segments of the existing Line 3 pipeline between Neche, North Dakota and Superior, Wisconsin. EEP has the authorization to replace Line 3 in North Dakota and Wisconsin.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">EEP is in the process of obtaining the appropriate permits for constructing the U.S. L3R Program in Minnesota. The project requires both a Certificate of Need and an approval of the pipeline&#146;s route (Route Permit) from the MNPUC. The </font><font face="Arial" style="border:none;">MNPUC found both the Certificate of Need and Route Permit applications for the U.S. L3R Program through Minnesota to be complete. On February&nbsp;1, 2016, the MNPUC issued a written order requiring the Minnesota Department of Commerce (DOC) to prepare a final </font><font face="Arial" style="border:none;">Environmental Impact Statement (</font><font face="Arial" style="border:none;">EIS) before Certificate of Need and Route Permit processes commence. EEP currently expects the DOC&#146;s draft EIS by mid-May&nbsp;2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">EEP will recover the costs based on its existing Facilities Surcharge Mechanism with the initial term of the agreement being 15 years. For the purpose of the toll surcharge, the agreement specifies a 30-year recovery of the capital based on a cost-of-service methodology.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On January&nbsp;27, 2017, </font><font face="Arial" style="border:none;">Enbridge and EEP entered into an agreement for the joint funding of the U.S. L3R Program, whereby Enbridge and EEP will fund 99% and 1%, respectively, of the project cost. Enbridge has reimbursed EEP approximately US$450 million for expenditures incurred to date on the project and it will fund 99% of the capital costs through construction. EEP has the option to increase its economic interest by up to 40% at book value until four years after the project is placed into service.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">GAS PIPELINES AND PROCESSING</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Sabal Trail (SEP)</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Under a joint venture with NextEra Energy and Duke Energy, the Company is undertaking the Sabal Trail project, which will provide firm natural gas transportation to Florida Power&nbsp;&amp; Light Company for its power generation needs and to Duke Energy Florida for its proposed natural gas plant in Florida. Facilities include a new 748-kilometre (465-mile) pipeline, laterals and various compressor stations. This new pipeline infrastructure is located in Alabama, Georgia and Florida, and once completed will add approximately 1,100 million cubic feet per day (mmcf/d) of new capacity to access onshore shale gas supplies. The Company&#146;s 50% share of the total capital cost of the project is estimated to be approximately US$1.6 billion, with expenditures to date of approximately US$1.3 billion. The project is expected to be placed into service in the second quarter of 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">Access South, Adair Southwest and Lebanon Extension Projects (SEP)</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">SEP&#146;s Access South, Adair Southwest and Lebanon Extension Projects will provide shippers with the opportunity to deliver new natural gas supplies from the Appalachian region to markets in the Midwest and Southeast regions of the United States where demand for natural gas is high. The facilities for these projects include pipeline looping, as well as modifications and expansions of existing compressor stations on SEP&#146;s Texas Eastern pipeline system. The combined projects are designed to deliver 622 mmcf/d of gas to customers in Ohio, Kentucky and Mississippi. The total capital cost of the combined projects is estimated to be approximately US$0.5 billion, with expenditures to date of approximately US$0.1 billion. These projects are expected to be placed into service in the fourth quarter of 2017.</font></p>
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<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">Atlantic Bridge Project (SEP)</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">SEP&#146;s Atlantic Bridge Project will transport significant and diverse natural gas supplies to the New England states and the Canadian Maritime provinces and is expected to serve as a reliable source of energy throughout the region. The Atlantic Bridge Project is an expansion designed to provide additional capacity of 133 mmcf/d to SEP&#146;s Algonquin Gas Transmission and Maritimes&nbsp;&amp; Northeast Pipeline systems into New England and to specific end use markets in the Canadian Maritime provinces. The expansion consists of the replacement of 10 kilometres (6 miles) of 26-inch pipeline with 42-inch pipeline in New York and Connecticut; compression additions in Connecticut; a new compressor station in Massachusetts; modifications at six meter stations throughout New York, Connecticut, Massachusetts and Maine; and one new meter station in Connecticut. The total capital cost of the project is estimated to be approximately US$0.5 billion, with expenditures to date of approximately US$0.2 billion. The Connecticut portion of the project is expected to be placed into service in the fourth quarter of 2017. The New York and Massachusetts portions of the project are expected to be placed into service in late 2018.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">NEXUS (SEP)</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Under a joint venture with DTE Energy Company, SEP will undertake the NEXUS project, which is a new pipeline system designed to transport up to1.5 billion cubic feet per day (bcf/d) from SEP&#146;s Texas Eastern pipeline system in Ohio to the Union Gas hub in Ontario. The facilities will consist of approximately 410-kilometres (255-miles) of 36-inch pipeline across northern Ohio to the Detroit, Michigan area, addition of four new compressor stations totalling 130,000 horsepower and six meter stations. The Company&#146;s 50% share of the total capital cost of the project is estimated to be approximately US$1.1 billion, with expenditures to date of approximately US$0.4 billion. The project is expected to be placed into service in the fourth quarter of 2017, subject to the receipt of the Federal Energy Regulatory Commission&#146;s (FERC&#146;s) approval in May&nbsp;2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">High Pine</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Westcoast&#146;s High Pine project on the BC Pipeline&#146;s Fort Nelson Mainline includes a 240 mmcf/d expansion of the T-North pipeline system consisting of two 42-inch pipeline loops totalling approximately 37 kilometres (23 miles) in length in the Fort St. John region of British Columbia. The expansion consists of an additional compressor unit with associated infrastructure at the Sunset Creek compressor site in northeastern British Columbia. The total capital cost of the project is estimated to be approximately $0.4 billion, with expenditures to date of approximately $0.2 billion. The project is expected to be placed into service by the end of 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">Reliability and Maintainability Project</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Westcoast&#146;s Reliability and Maintainability (RAM) Project was designed to enhance the performance of the southern segment of the BC Pipeline system to accommodate the increased base load on the system, which is driven by a combination of increased gas production in the northeastern region of British Columbia and demand driven by end users, such as incremental industrial projects, electric power generation and small-scale liquefied natural gas (LNG). The RAM Project involves upgrading the southern segment of the BC Pipeline system with three compressor station replacements. It will prepare the BC Pipeline system to operate at a higher load factor as higher utilization rates are expected from new incremental year-round loads. The total capital cost of the project is estimated to be approximately $0.5 billion, with expenditures to date of approximately $0.2 billion. The first two compressor stations are expected to be placed into service in the fourth quarter of 2017, with the final station expected to be placed into service in the first half of 2018.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">Valley Crossing Pipeline</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Valley Crossing Pipeline project will provide new market opportunities for Texas gas producers and help Mexico meet its growing electric generation needs as generators shift away from fuel oil and imported LNG. The project will include a new 269-kilometre (167-mile) mainline pipeline that will consist of approximately 221 kilometres (138 miles) of 48-inch pipe and 48 kilometres (30 miles) of 42-inch pipe. The pipeline is designed to carry 2.6 bcf/d of gas from the Agua Dulce hub in Texas to an offshore tie-in with the Sur de Texas-Tuxpan project, which is being constructed by a third party</font><font face="Arial" style="border:none;">. The project has an estimated cost of approximately US$1.5 billion, with expenditures to date of US$0.3 billion. The Valley Crossing Pipeline is expected to be placed into service in the second half of 2018.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">Spruce Ridge Program</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Under the Spruce Ridge Program, Westcoast is pursuing an expansion of the BC Pipeline on the Aitken Creek Pipeline and Fort St. John mainlines in northern British Columbia. The expansion service agreements were executed in late 2016 and the final scoping of the project is underway, with a targeted in-service date in 2019. The project has an estimated cost of approximately $0.6 billion.There have been no significant expenditures incurred to date on this project.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">GAS DISTRIBUTION</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">2017 Dawn-Parkway Expansion</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Union Gas 2017 Dawn-Parkway expansion project in Ontario involves</font><font face="Arial" style="border:none;"> a 419 mmcf/d expansion of the Dawn to Parkway transmission system consisting of the addition of a new 44,500 horsepower compressor at each of the Dawn, Lobo and Bright compressor stations in Ontario. </font><font face="Arial" style="border:none;">The total capital cost of this project is expected to be approximately $0.6 billion, with expenditures to date of approximately $0.5 billion and an expected in-service date in the fourth quarter of 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">OTHER ANNOUNCED PROJECTS UNDER DEVELOPMENT</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The following projects have been announced by the Company, but have not yet met the Company&#146;s criteria to be classified as commercially secured. The Company also has a large portfolio of additional projects under development that have not yet progressed to the point of public announcement.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">GAS PIPELINES AND PROCESSING</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Gulf Coast Express Pipeline Project</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">In April&nbsp;2017, DCP Midstream announced the signing of a letter of intent with Kinder Morgan Texas Pipeline LLC to participate in the development of the proposed Gulf Coast Express Pipeline Project. The project will provide an outlet for increased natural gas production from the Permian Basin to growing markets along the Texas Gulf Coast. The project is designed to transport up to 1.7 bcf/d of natural gas through approximately 692 kilometres (430 miles) of 42-inch pipeline from the Waha, Texas area to Agua Dulce, Texas. The project is expected to be placed into service during the second half of 2019.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">GREEN POWER AND TRANSMISSION</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">&#201;olien</font></b><b><font color="black" face="Arial" style="border:none;color:black;font-weight:bold;"> Maritime France SAS</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Enbridge has a 50% interest in <font color="black"><font style="color:black;">&#201;olien</font> Maritime France SAS</font> (EMF), a French offshore wind development company. EMF is co-owned by Enbridge and EDF Energies Nouvelles, a subsidiary of &#201;lectricit&#233; de France S.A. EMF, through subsidiary companies, holds licenses for three large-scale offshore wind farms off the coast of France. Combined, the three projects will have a capacity of 1,428 megawatt of power. The development of these projects is subject to final investment decision and regulatory approvals, the timing of which is not yet certain. Enbridge&#146;s portion of the costs incurred to date is approximately $205 million (</font><font face="Arial" style="border:none;">&#128;</font><font face="Arial" style="border:none;">142 million).</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">16</font><a name="PB_16_104004_7748"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="4" color="black" face="Arial" style="border:none;color:black;font-size:13.0pt;font-weight:bold;">FINANCIAL RESULTS</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">For assets owned by Enbridge as at December&nbsp;31, 2016, a description of the asset and associated risks can be found under the relevant segment discussion in the Company&#146;s </font><font face="Arial" style="border:none;">MD&amp;A for the year ended December&nbsp;31, 2016. </font><font face="Arial" style="border:none;">For assets acquired through the Merger Transaction, the description of the asset and any additional risks specifically associated with these assets have been included with the discussion of the operating results of individual assets that follows.</font><font face="Arial" style="border:none;"> The performance summaries below reflect the financial results of the assets acquired in the Merger Transaction from the closing date of the merger.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">LIQUIDS PIPELINES</font></b></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">Earnings Before Interest and Income Taxes</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="bottom" style="padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Three months ended</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
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<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2016</font></p>    </td>   </tr>
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<td width="79%" valign="top" style="padding:1.45pt 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="2%" valign="bottom" style="padding:1.45pt 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:1.45pt 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:1.45pt 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Canadian Mainline</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">237</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">309</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Lakehead System</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">389</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">353</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Regional Oil Sands System</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">93</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">93</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Mid-Continent and Gulf Coast</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">118</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">181</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Southern Lights Pipeline</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">42</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">41</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Express-Platte System</font><font size="1" face="Arial" style="font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">27</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Bakken System</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">32</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">54</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Feeder Pipelines and Other</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">32</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">53</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusted earnings before interest and   income taxes</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">970</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,084</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="bottom" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 12.95pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Canadian Mainline - changes in unrealized derivative fair   value gain</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">155</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">568</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="bottom" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 12.95pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Canadian Mainline - leak remediation costs</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(7)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="bottom" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 12.95pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Lakehead System - changes in unrealized derivative fair   value gains/(loss)</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(1)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="bottom" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 12.95pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Lakehead System - hydrostatic testing</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">12</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 12.95pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Lakehead System - leak remediation costs</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(20)</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 12.95pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Regional Oil Sands System - make-up rights adjustment</font><font size="1" face="Arial" style="font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(14)</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 12.95pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Regional Oil Sands System - leak insurance recoveries</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">3</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">5</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 12.95pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Mid-Continent and Gulf Coast - make-up rights adjustment</font><font size="1" face="Arial" style="font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(50)</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 12.95pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Southern Lights Pipeline - changes in unrealized   derivative fair value gain</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">7</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">32</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 23.05pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Bakken System - make-up rights   adjustment</font><font size="1" face="Arial" style="font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(3)</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 23.05pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Bakken System - project wind-down   costs</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(5)</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 23.05pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Bakken System - changes in unrealized   derivative fair value gains/(loss)</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(1)</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 23.05pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Feeder Pipelines and Other - project   development and transaction costs</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(1)</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings before interest and income   taxes</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,124</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,612</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 12.95pt;text-indent:-12.95pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.5pt;">&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Includes adjusted EBIT from Express-Platte System since the completion of the Merger Transaction on February&nbsp;27, 2017. For additional information, refer to </font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Merger with Spectra Energy.</font></p>
<p style="margin:0in 0in .0001pt 12.95pt;text-indent:-12.95pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">2</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.5pt;">&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Effective January&nbsp;1, 2017, the Company no longer makes such an adjustment to its EBIT.</font></i></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Additional details on items impacting Liquids Pipelines EBIT include:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Canadian Mainline EBIT   for each year reflected changes in unrealized fair value gains and losses on   derivative financial instruments used to manage foreign exchange and   commodity price risk inherent within the CTS.</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Canadian Mainline EBIT   for the first quarter of 2017 included charges related to a crude oil release   on Line 2A, which occurred in February&nbsp;2017.</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Regional Oil Sands   System EBIT for each period included insurance recoveries associated with the   Line 37 crude oil release, which occurred in June&nbsp;2013.</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Southern Lights   Pipeline EBIT for each period reflected changes in unrealized fair value   gains and losses on derivative financial instruments used to manage foreign   exchange risk on United States dollar cash flows from the Southern Lights   Class&nbsp;A units.</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">17</font><a name="PB_17_104125_141"></a></p>
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<p style="margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" face="Arial" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Bakken System EBIT for the first quarter of 2017 included project wind down costs related to EEP&#146;s Sandpiper Project.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Canadian Mainline</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Canadian Mainline adjusted EBIT decreased in the first quarter of 2017 compared with the corresponding 2016 period, primarily due to a lower average Canadian Mainline IJT Residual Benchmark Toll and a lower foreign exchange hedge rate used to record Canadian Mainline revenues. Throughput on the mainline system was slightly higher than the first quarter of 2016 driven by continued strong oil sands production and downstream demand. Mainline throughput as measured at the Canada/United States border at Gretna, Manitoba saw record throughput of 2.65 million bpd in the month of January&nbsp;2017. The mainline system continued to be subject to apportionment of heavy crude oil, as nominated volumes exceeded capacity on portions of the system in the first quarter of 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">As noted above, a lower average Canadian Mainline IJT Residual Benchmark Toll was a key driver of the quarter-over-quarter decrease in Canadian Mainline adjusted EBIT. Changes in the Canadian Mainline IJT Residual Benchmark Toll are inversely related to the Lakehead System Toll, which was higher in the first quarter of 2017 due to the recovery of incremental costs associated with EEP&#146;s growth projects and surcharges to recover under collection of toll revenue in prior years. Adjusted EBIT generated by the Canadian Mainline for the balance of the year will reflect the positive effect of an increase in Canadian Mainline IJT Residual Benchmark Toll from US$1.47 to US$1.62 effective April&nbsp;1, 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Other factors contributing to the decrease in quarter-over-quarter adjusted EBIT included the absence of hydro test surcharge revenue on the Canadian Mainline and a lower foreign exchange hedge rate used to record Canadian Mainline revenues. The majority of the Company&#146;s foreign exchange risk on Canadian Mainline revenue is hedged. For the three months ended March&nbsp;31, 2017, the effective hedged rate for the translation of Canadian Mainline United States dollar transactional revenues was $1.04 compared with $1.11 for the corresponding 2016 period.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Supplemental information related to the Canadian Mainline for the three months ended March&nbsp;31, 2017 and 2016 is provided below:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(United States   dollars per barrel)</font></i></p>    </td>
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<p style="margin:0in 2.9pt .0001pt 0in;"><b><font size="2" face="Arial" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p style="margin:0in 2.9pt .0001pt 0in;text-align:justify;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">IJT Benchmark Toll</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#FFD900" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">$4.05</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">$4.07</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Lakehead System Local Toll</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">$2.58</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">$2.44</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Canadian Mainline IJT Residual Benchmark Toll</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">3</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#FFD900" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">$1.47</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">$1.63</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt .25in;text-indent:-.25in;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i></p>    </td>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">The IJT   Benchmark Toll is per barrel of heavy crude oil transported from Hardisty,   Alberta to Chicago,&nbsp;Illinois. A separate distance adjusted toll applies   to shipments originating at receipt points other than Hardisty and lighter   hydrocarbon liquids pay a lower toll than heavy crude oil. Effective   July&nbsp;1, 2016, this toll decreased to US$4.05.</font></i></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">2</font></i></p>    </td>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">The Lakehead   System Local Toll is per barrel of heavy crude oil transported from Neche,   North Dakota to Chicago,&nbsp;Illinois. Effective April&nbsp;1, 2016, this   toll increased to US$2.61 and effective July&nbsp;1, 2016, this toll   decreased to US$2.58. Effective April&nbsp;1, 2017, this toll decreased to   US$2.43. </font></i></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">3</font></i></p>    </td>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">The Canadian   Mainline IJT Residual Benchmark Toll is per barrel of heavy crude oil   transported from Hardisty, Alberta to Gretna, Manitoba. For any shipment,   this toll is the difference between the IJT Benchmark Toll and the Lakehead   System Local Toll. Effective April&nbsp;1, 2016, this toll decreased to   US$1.46, coinciding with the revised Lakehead System Local Toll. Effective   July&nbsp;1, 2016, this toll increased to US$1.47. Effective April&nbsp;1,   2017, this toll increased to US$1.62, coinciding with the revised Lakehead   System Local Toll.</font></i></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">Throughput Volume</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
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<p align="center" style="margin:0in 2.9pt .0001pt 0in;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Three months ended</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0in 2.9pt .0001pt 0in;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(thousands of bpd)</font></i></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Average throughput volume</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2,593</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2,543</font></p>    </td>   </tr>  </table>
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<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i></p>    </td>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Throughput   volume represents mainline deliveries ex-Gretna, Manitoba which is made up of   United States and eastern Canada deliveries originating from western Canada.</font></i></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">18</font><a name="PB_18_110206_3826"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Lakehead System</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Lakehead System adjusted EBIT increased for the three months ended March&nbsp;31, 2017 compared with the corresponding 2016 period. The quarter-over-quarter increase in adjusted EBIT reflected stronger operating performance driven by a higher long-haul volume throughput, higher Lakehead System Local Tolls and surcharge revenue. These positive impacts were partially offset by a lower average United States to Canadian dollar exchange rate (Average Exchange Rate) in the first quarter of 2017 compared with the corresponding 2016 period.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Excluding the impact of foreign exchange translation to Canadian dollars, Lakehead System adjusted EBIT was US$294 million for the </font><font color="black" face="Arial" style="border:none;color:black;">three months ended March&nbsp;31, 2017 </font><font face="Arial" style="border:none;">compared with US$256 million for the three months ended March&nbsp;31, 2016. </font><font face="Arial" style="border:none;">The quarter-over-quarter</font><font face="Arial" style="border:none;"> increase reflected higher throughput and the higher Lakehead System Local Toll. As discussed under <i>Canadian Mainline</i> above, higher throughput on the Lakehead System in the first quarter of 2017 also reflected strong downstream demand. Partially offsetting the increase in adjusted EBIT were higher depreciation expense from an increased asset base, incremental power costs associated with higher throughput and higher property taxes.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">As noted above, partially offsetting the quarter-over-quarter increase in Lakehead System adjusted EBIT was the unfavourable effect of translating United States dollar earnings at a lower Average Exchange Rate of $1.32 for the three months ended March&nbsp;31, 2017, compared with an Average Exchange Rate of $1.37 for the corresponding 2016 period. A portion of Lakehead System United States dollar EBIT is hedged as part of the Company&#146;s enterprise-wide financial risk management program. The Company uses foreign exchange derivative instruments to manage the foreign exchange risk arising from its United States businesses including the Lakehead System and realized gains and losses from these derivative instruments are reported within Eliminations and Other. For further details refer to <i>Eliminations and Other</i>.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">Throughput Volume</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
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<p align="center" style="margin:0in 2.9pt .0001pt 0in;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Three months ended</font></p>    </td>   </tr>
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<p align="center" style="margin:0in 2.9pt .0001pt 0in;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(thousands of bpd)</font></i></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Average throughput volume</font><font size="1" color="black" face="Arial" style="color:black;font-size:5.0pt;position:relative;top:-5.0pt;">1</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2,748</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2,735</font></p>    </td>   </tr>  </table>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.5pt;">&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Throughput volume represents mainline system deliveries to the United States midwest and eastern Canada.</font></i></p>
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<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Mid-Continent and Gulf Coast</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Mid-Continent and Gulf Coast adjusted EBIT decreased in the first quarter of 2017 compared with the corresponding 2016 period. </font><font face="Arial" style="border:none;">The quarter-over-quarter decrease in adjusted EBIT reflected lower contributions from Flanagan South Pipeline (Flanagan South) and Ozark Pipeline, as well as the unfavourable effect of translating United States dollar earnings to Canadian dollars at a lower Average Exchange Rate in the first quarter of 2017 compared with the corresponding 2016 period.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Excluding the impact of foreign exchange translation to Canadian dollars, Mid-Continent and Gulf Coast adjusted EBIT was US$90 million for the three months ended </font><font face="Arial" style="border:none;">March&nbsp;31, 2017 compared with US$132 million for the three months ended March&nbsp;31, 2016. </font><font face="Arial" style="border:none;">The decrease in adjusted EBIT primarily </font><font face="Arial" style="border:none;">reflected lower contributions from Flanagan South related to the change in recognition of make-up rights for adjusted EBIT purposes, as well as higher operating and administrative expenses.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Mid-Continent and Gulf Coast EBIT for prior periods included make-up rights adjustments to recognize revenue for certain long-term take-or-pay contracts rateably over the contract life. When committed shippers on Flanagan South are unable to fulfill their volume commitments due to apportionment, they are provided with temporary relief to make up those volumes during the course of their contracts or the apportioned volumes are added on to the end of the contract term. Due to upstream mainline apportionment, committed shippers on Flanagan South were provided higher apportionment relief in the first quarter of 2017 compared with the first quarter of 2016, which resulted in lower contractual cash payments from these shippers. </font><font face="Arial" style="border:none;">For the purposes of adjusted EBIT, prior to January&nbsp;1, 2017, the Company reflected contributions from these contracts rateably over the life of the contract, consistent with contractual cash payments under the contract. Effective January&nbsp;1, 2017, for the purposes of determining adjusted EBIT, the Company discontinued this treatment. This negative effect on adjusted EBIT for the first quarter of 2017 was partially offset by higher revenues on Flanagan South due to higher throughput during the first quarter of 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">19</font><a name="PB_19_110402_8146"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The quarter-over-quarter decrease in Mid-Continent and Gulf Coast adjusted EBIT also reflected lower throughput on the Ozark Pipeline, a non-core pipeline which was sold to a third party on March&nbsp;1, 2017. For additional information, refer to <i>Recent Developments &#150; Liquids Pipelines &#150; Disposition of Ozark Pipeline Asset.</i></font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">As noted above, partially contributing to the quarter-over-quarter decrease in adjusted EBIT was the unfavourable effect of translating United States dollar earnings at a lower Average Exchange Rate in the first quarter of 2017. </font><font face="Arial" style="border:none;">Similar to Lakehead System, a portion of Mid-Continent and Gulf Coast United States dollar EBIT is hedged as part of the Company&#146;s enterprise-wide financial risk management program and realized gains and losses from the derivative instruments used to hedge foreign exchange risk arising from the Company&#146;s investment in United States businesses are reported within Eliminations and Other. </font><font face="Arial" style="border:none;">For further details refer to <i>Eliminations and Other</i>.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Express-Platte</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Express-Platte pipeline system, an approximately 2,736-kilometre (1,700-mile) crude oil transportation system, which begins in Hardisty, Alberta, and terminates in Wood River,&nbsp;Illinois, is comprised of both the Express and Platte crude oil pipelines and crude oil storage of approximately 5.6 million barrels. The Express pipeline carries crude oil to United States refining markets in the Rockies area, including Montana, Wyoming, Colorado and Utah. The Platte pipeline, which interconnects with the Express pipeline in Casper, Wyoming, transports crude oil predominantly from the Bakken shale and western Canada to refineries in the Midwest. The Company has a 75% indirect ownership interest in Express-Platte, held through its investment in SEP. SEP is a natural gas and crude oil infrastructure master limited partnership that is publicly traded on the New York Stock Exchange under the symbol &#147;SEP.&#148; Enbridge has a 75% equity interest in SEP.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Express capacity is typically committed under long-term take-or-pay contracts with shippers. A small portion of Express capacity and all of the Platte capacity is used by uncommitted shippers who pay only for the pipeline capacity they actually use in a given month.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Express-Platte is exposed to the same business risks as the Company&#146;s other Liquids Pipelines assets as discussed in Enbridge&#146;s MD&amp;A for the year ended December&nbsp;31, 2016.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Results of Operations</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Express-Platte adjusted EBIT for the first quarter of 2017 reflects results of operations since the completion of the Merger Transaction on February&nbsp;27, 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Express-Platte results include higher crude oil transportation revenues due to higher volumes on the Express and Platte pipelines, higher tariff rates on the Express pipeline, and the Express Enhancement expansion project placed into service in October&nbsp;2016. These higher revenues were partially offset by higher power costs due to higher throughput.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Bakken System</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Bakken System adjusted EBIT decreased in the first quarter of 2017 compared with the corresponding 2016 period. </font><font face="Arial" style="border:none;">The quarter-over-quarter decrease in adjusted EBIT reflected lower rates and lower rail revenues on the United States portion of the Bakken System owned by EEP, as well as the negative impact of translating United States dollar earnings to Canadian dollars at a lower Average Exchange Rate in the first quarter of 2017, compared with the corresponding 2016 period.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Excluding the impact of foreign exchange translation to Canadian dollars, Bakken System adjusted EBIT was US$20 million for the three months ended March&nbsp;31, 2017 compared with US$37 million for the corresponding 2016 period. The decrease in quarter-over-quarter adjusted EBIT for the United States portion of the Bakken System was attributable to lower surcharge revenues as certain surcharge rates expired effective December&nbsp;31, 2016, as well as lower revenues from EEP&#146;s Berthold rail facility due to expired contracts.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">20</font><a name="PB_20_110426_7091"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">As noted above, impacting quarter-over-quarter adjusted EBIT was the unfavourable effect of translating United States dollar earnings at a lower Average Exchange Rate in the first quarter of 2017, compared with the corresponding 2016 period. </font><font face="Arial" style="border:none;">Similar to Lakehead System, a part of the United States&#146; portion of the Bakken System United States dollar EBIT is hedged under the Company&#146;s enterprise-wide financial risk management program, and realized gains and losses from the derivative instruments used to hedge foreign exchange risk arising from the Company&#146;s investment in United States businesses are reported within Eliminations and Other. </font><font face="Arial" style="border:none;">For further details refer to <i>Eliminations and Other</i>.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Feeder Pipelines and Other</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Feeder Pipelines and Other adjusted EBIT decreased in the first quarter of 2017 compared with the corresponding 2016 period. The quarter-over-quarter decrease</font><font face="Arial" style="border:none;"> primarily reflected the absence of EBIT from the South Prairie Region assets that were sold in December&nbsp;2016 and the absence of EBIT from Eddystone Rail Company, L.L.C. (Eddystone Rail) that was impaired in the second quarter of 2016.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">GAS PIPELINES AND PROCESSING</font></b></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">Earnings Before Interest and Income Taxes</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
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<p align="center" style="margin:0in 2.9pt .0001pt 0in;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Three months ended</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0in 2.9pt .0001pt 0in;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">US Gas Transmission</font><font size="1" face="Arial" style="font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">207</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Canadian Midstream</font><font size="1" face="Arial" style="font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">51</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">21</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Alliance Pipeline</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">57</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">49</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">US Midstream</font><font size="1" face="Arial" style="font-size:4.0pt;position:relative;top:-4.0pt;">3,4</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(7)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(1)</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Other</font><font size="1" face="Arial" style="font-size:4.0pt;position:relative;top:-4.0pt;">5</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">28</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">18</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusted earnings before interest and   income taxes</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">336</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">87</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 20.35pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">US Gas Transmission - inspection,   repair and other costs</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(2)</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 20.35pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">US Gas Transmission - project   development and transaction costs</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(2)</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 20.35pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Canadian Midstream - project   development and transaction costs</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(1)</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 20.35pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Alliance Pipeline - changes in   unrealized derivative fair value gain</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">12</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 20.35pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">US Midstream - changes in unrealized   derivative fair value gains/(loss)</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">8</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(38)</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 20.35pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">US Midstream - DCP mark-to-market   adjustment</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(2)</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings before interest and income   taxes</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">339</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">61</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Includes adjusted EBIT from US Gas Transmission since the completion of the Merger Transaction on February&nbsp;27, 2017. For additional information, refer to Merger with Spectra Energy.</font></i></p>
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">2</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Includes adjusted EBIT from BC Pipeline&nbsp;&amp; Field Services, Spectra Canadian Midstream, Maritimes&nbsp;&amp; Northeast Canada (M&amp;N Canada) and certain other gas pipeline, gathering and storage assets since the completion of the Merger Transaction on February&nbsp;27, 2017.</font></i></p>
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">3</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Includes adjusted EBIT from DCP Midstream since the completion of the Merger Transaction on February&nbsp;27, 2017.</font></i></p>
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">4</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Effective January&nbsp;1, 2017, adjusted EBIT from Aux Sable, which is comprised of Enbridge&#146;s equity interest in Aux Sable US, Aux Sable Midstream US and Aux Sable Canada, has been grouped with US Midstream. Comparative amounts have been reclassified to facilitate comparison.</font></i></p>
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">5</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Effective January&nbsp;1, 2017, adjusted EBIT from Vector Pipeline and Enbridge Offshore Pipelines (Offshore) have been grouped with Other. Comparative amounts have been reclassified to facilitate comparison.</font></i></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Additional details on items impacting Gas Pipelines and Processing EBIT include:</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" face="Arial" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">US Midstream EBIT for each period reflected changes in unrealized fair value gains and losses on derivative financial instruments used to risk manage commodity price exposures.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">US Gas Transmission</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The assets that comprise US Gas Transmission were acquired through the Merger Transaction and consist of natural gas transmission and storage assets that are held through SEP. The following indirect ownership interests are held through this business segment: 75% of Texas Eastern, 68% of Algonquin, 75% of East Tennessee Natural Gas, 59% of M&amp;N U.S., 38% of Gulfstream, and certain other gas pipeline, gathering and storage assets. The US Gas Transmission business primarily provides transmission, storage and gathering of natural gas through interstate pipeline systems for customers in various regions of the midwestern, northeastern and southern United States and in Canada. Demand on the natural gas pipeline and storage systems is seasonal, with the highest throughput occurring during colder periods in the first and fourth quarters, and storage injections occurring primarily during the summer periods.</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Texas Eastern natural gas transmission system extends approximately 2,735 kilometres (1,700 miles) from producing fields in the Gulf Coast region of Texas and Louisiana to Ohio, Pennsylvania, New Jersey and New York and includes both onshore and offshore pipelines, compressor stations and three storage facilities. Texas Eastern is also connected to four affiliated storage facilities that are partially or wholly-owned by other entities within the US Gas Transmission business.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Algonquin natural gas transmission system connects with Texas Eastern&#146;s facilities in New Jersey and extends approximately 402 kilometres (250 miles) through New Jersey, New York, Connecticut, Rhode Island and Massachusetts where it connects to M&amp;N U.S. The system consists of approximately 1,819 kilometres (1,130 miles) of pipeline with associated compressor stations.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">East Tennessee&#146;s natural gas transmission system crosses Texas Eastern&#146;s system at two locations in Tennessee and consists of two mainline systems totalling approximately 2,414 kilometres (1,500 miles) of pipeline in Tennessee, Georgia, North Carolina and Virginia, with associated compressor stations. East Tennessee has a LNG storage facility in Tennessee and also connects to the Saltville storage facilities in Virginia.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">M&amp;N U.S. is an approximately 563-kilometre (350-mile) mainline interstate natural gas transmission system, including associated compressor stations, which extends from the border of Canada near Baileyville, Maine to northeastern Massachusetts. M&amp;N U.S. is connected to the Canadian portion of the Maritimes&nbsp;&amp; Northeast Pipeline system, M&amp;N Canada, which is owned 78% by Enbridge (see <i>Gas Pipelines and Processing &#150; Canadian Midstream</i>).</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Gulfstream is an approximately 1,199-kilometre (745-mile) interstate natural gas transmission system, with associated compressor stations, operated jointly by SEP and The Williams Companies,&nbsp;Inc. (Williams). Gulfstream transports natural gas from Mississippi, Alabama, Louisiana and Texas, crossing the Gulf of Mexico to markets in central and southern Florida. Gulfstream is owned 50% directly by SEP and 50% by affiliates of Williams and is accounted for under the equity method of accounting.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Transmission and storage services are generally provided under firm agreements where customers reserve capacity in pipelines and storage facilities. The vast majority of these agreements provide for fixed reservation charges that are paid monthly regardless of the actual volumes transported on the pipelines or injected or withdrawn from the Company&#146;s storage facilities, plus a small variable component that is based on volumes transported, injected or withdrawn, which is intended to recover variable costs.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Interruptible transmission and storage services are also provided where customers can use capacity if it is available at the time of the request. Interruptible revenues depend on the amount of volumes transported or stored and the associated rates for this interruptible service. New projects placed into service may initially have higher levels of interruptible services at inception. Storage operations also provide a variety of other value-added services including natural gas parking, loaning and balancing services to meet customers&#146; needs.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Business Risks</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The risks identified below are specific to US Gas Transmission. General risks that affect the entire Company are described under <i>Risk Management and Financial Instruments &#150; General Business Risks</i> in Enbridge&#146;s MD&amp;A for the year ended December&nbsp;31, 2016.</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><i><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-style:italic;font-weight:bold;">Asset Utilization</font></i></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Gas supply and demand dynamics continue to change as a result of the development of nonconventional shale gas supplies. The increase in natural gas supply has resulted in declines in the price of natural gas in North America. As a result, a shift occurred to extraction of gas in richer, &#147;wet&#148; gas areas with higher NGL content which depressed activity in &#147;dry&#148; fields. This, in turn, has contributed to a resulting oversupply of pipeline takeaway capacity in these areas.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><i><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-style:italic;font-weight:bold;">Seasonal Price Spreads</font></i></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The supply increase has also had a negative impact on the seasonal price spreads historically seen between the summer and winter months. The value of storage assets and contracts has declined in recent years, negatively affecting the results from the Company&#146;s storage facilities.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><i><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-style:italic;font-weight:bold;">Economic Regulation</font></i></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">US Gas Transmission is subject to laws and regulations on the federal and state levels. Regulations applicable to the natural gas transmission and storage industries have a significant effect on the nature of the businesses and the manner in which they operate. Changes to regulations are ongoing and the Company cannot predict the future course of changes in the regulatory environment or the ultimate effect that any future changes will have on its businesses.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><i><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-style:italic;font-weight:bold;">Competition</font></i></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The US Gas Transmission business competes with similar facilities that serve the same supply and market areas in the transmission and storage of natural gas. The principal elements of competition are location, rates, terms of service, flexibility and reliability of service. The natural gas transported in US Gas Transmission business also competes with other forms of energy available to the Company&#146;s customers and end-users, including electricity, coal, propane and fuel oils.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Results of Operations</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">US Gas Transmission adjusted EBIT for the first quarter of 2017 reflects results of operations since the completion of the Merger Transaction on February&nbsp;27, 2017. US Gas Transmission&#146;s operating results include higher revenues primarily from business expansion projects on Algonquin Gas Transmission, Sabal Trail Transmission and Texas Eastern Transmission.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Canadian Midstream</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Upon completion of the Merger Transaction on February&nbsp;27, 2017, Canadian Midstream now also includes the Western Canada Transmission&nbsp;&amp; Processing businesses, which comprise BC Pipeline&nbsp;&amp; Field Services, Spectra Canadian Midstream, M&amp;N Canada and certain other gas pipeline, gathering and storage assets. BC Pipeline and BC Field Services provide fee-based natural gas transmission and gas gathering and processing services. BC Pipeline has approximately 2,816 kilometres (1,750 miles) of transmission pipeline in British Columbia (B.C.) and Alberta, as well as associated mainline compressor stations. The BC Field Services business includes eight gas processing plants located in B.C., associated field compressor stations and approximately 2,253 kilometres (1,400 miles) of gathering pipelines. Spectra Canadian Midstream provides similar gas gathering and processing services in B.C. and Alberta and consists of nine natural gas processing plants and approximately 966 kilometres (600 miles) of gathering pipelines. M&amp;N Canada is an approximately 885-kilometre (550-mile) interprovincial natural gas transmission mainline system which extends from Goldboro, Nova Scotia to the United States border near Baileyville, Maine. M&amp;N Canada is connected to M&amp;N U.S. &#150; refer to <i>US Gas Transmission</i>. Enbridge has an approximate 78% interest in M&amp;N Canada.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The majority of transportation services are provided by Canadian Midstream under firm agreements, which provide for fixed reservation charges that are paid monthly regardless of actual volumes transported on the pipeline, plus a small variable component that is based on volumes transported to recover variable costs. BC Pipeline also provides interruptible transmission services where customers can use capacity if it is available at the time of request. Payments under these services are based on volumes transported. Natural gas gathering and processing services are provided under fee-for-service contracts.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Business Risks</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The risks identified below are specific to the </font><font face="Arial" style="border:none;">Western Canada Transmission&nbsp;&amp; Processing assets</font><font face="Arial" style="border:none;">. General risks that affect the entire Company are described under <i>Risk Management and Financial Instruments &#150; General Business Risks</i> in Enbridge&#146;s MD&amp;A for the year ended December&nbsp;31, 2016.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><i><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-style:italic;font-weight:bold;">Competition</font></i></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Western Canada Transmission&nbsp;&amp; Processing businesses compete with third-party midstream companies, producers, and pipelines in the gathering, processing and transmission of natural gas. The principal elements of competition are location, rates, terms of service, and flexibility and reliability of service.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><i><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-style:italic;font-weight:bold;">Asset Utilization</font></i></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Western Canada Transmission&nbsp;&amp; Processing provides services under fee-for-service contracts and its revenues are not directly exposed to commodity price risk. However, the sustained decline in natural gas prices has</font><font face="Arial" style="border:none;"> reduced producer demand for both expansions of the BC gas processing plants as well as renewals of existing gas processing contracts, and this trend could continue if prices remain below historical norms.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Results of Operations</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Canadian Midstream adjusted EBIT for the first quarter of 2017 reflected the results of operations from the new assets acquired through the Merger Transaction as described above. The quarter-over-quarter increase in Canadian Midstream adjusted EBIT also reflected contributions from the Tupper Plants acquired in April&nbsp;2016.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Canadian Midstream results include higher interruptible revenues and incremental revenues from volumes that exceeded take or pay levels due to robust producer activity within Canadian Midstream&#146;s footprint. These higher revenues were partially offset by an increase in operating and maintenance costs and unplanned outages at two BC processing plants.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Alliance Pipeline</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Alliance Pipeline adjusted EBIT for the three months ended March&nbsp;31, 2017, which comprises equity earnings from the Company&#146;s 50% equity investment in Alliance Pipeline, increased compared with the first quarter of 2016, primarily due to higher revenues resulting from strong demand for seasonal firm service.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">US Midstream</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Upon completion of the Merger Transaction on February&nbsp;27, 2017, US Midstream now also includes a 50% investment in DCP Midstream, which is accounted for as an equity investment. DCP Midstream gathers, compresses, treats, processes, transports, stores and sells natural gas. It also produces, fractionates, transports, stores and sells NGLs, recovers and sells condensate and trades and markets natural gas and NGLs. Phillips 66 owns the other 50% interest in DCP Midstream.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">DCP Midstream owns or operates assets in 17 states in the United States including approximately 102,998 kilometres (64,000 miles) of gathering and transmission pipeline, 61 natural gas processing plants and 12 fractionation facilities. In addition, DCP Midstream operates a propane wholesale marketing business and an eight-million barrel propane and butane storage facility in the northeastern United States. DCP Midstream also holds a 33.3% interest in the Sand Hills and Southern Hills NGL pipelines.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">DCP Midstream is exposed to similar business risks as the Company&#146;s existing US Midstream assets as disclosed in Enbridge&#146;s MD&amp;A for the year ended December&nbsp;31, 2016.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Purchase, Service and Sales Agreements</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">DCP Midstream sells a portion of its NGLs to Phillips 66 and Chevron Phillips Chemical Company LLC (CPChem). In addition, DCP Midstream purchases NGLs from CPChem. Approximately 26% of DCP Midstream&#146;s NGL production was committed to Phillips 66 and CPChem as at March&nbsp;31, 2017, under contracts expiring in January&nbsp;2019. DCP Midstream anticipates continuing to purchase and sell commodities with Phillips 66 and CPChem, in the ordinary course of business.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">24</font><a name="PB_24_112516_7056"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The residual natural gas, primarily methane, that results from processing raw natural gas is sold at market-based prices to marketers and end-users, including large industrial companies, natural gas distribution companies and electric utilities. DCP Midstream purchases or takes custody of substantially all of its raw natural gas from producers, principally under percentage-of-proceeds/index arrangements, keep-whole and wellhead purchase agreements and fee-based arrangements. More than 75% of the volumes of gas that are gathered and processed are under percentage-of-proceeds contracts. Percentage-of-proceeds arrangements typically result in DCP Midstream gathering, processing and selling natural gas that has been purchased from producers. The residue natural gas and NGLs are sold based on index prices from published index market prices. DCP Midstream remits to the producers either an agreed-upon percentage of the actual proceeds received by DCP Midstream or an agreed-upon percentage of the proceeds based on index-related prices or contractual recoveries, regardless of the actual amount of sales proceeds. DCP Midstream&#146;s revenues from percentage-of-proceeds/index arrangements are directly related to the prices of natural gas, NGLs or condensate.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Results of Operations</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">US Midstream incurred a higher adjusted loss before interest and income taxes during the first quarter of 2017 compared with the corresponding 2016 quarter. </font><font color="black" face="Arial" style="border:none;color:black;">The quarter-over-quarter increase in adjusted loss before interest and income taxes was primarily attributable to lower volumes on the Company&#146;s US Midstream assets that are held through EEP, as a result of continued low commodity price environment which resulted in reduced drilling by producers. Partially offsetting this negative effect was higher contributions from Aux Sable US due to increased fractionation margins, as well as a contribution from the Company&#146;s investment in DCP Midstream that was acquired through the Merger Transaction. Post completion of the Merger Transaction, DCP Midstream contributed $5 million to US Midstream adjusted EBIT during the quarter.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">Other</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Other adjusted EBIT increased in the first quarter of 2017 compared with the first quarter of 2016, primarily reflecting positive contributions from Offshore due to higher revenues resulting from an increase in transportation rates on Heidelberg Oil Pipeline.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">GAS DISTRIBUTION</font></b></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">Earnings Before Interest and Income Taxes</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0in 2.9pt .0001pt 0in;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Three months ended</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0in 2.9pt .0001pt 0in;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:1.45pt 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:1.45pt 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge Gas Distribution Inc. (EGD)</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">138</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">175</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Union Gas Limited (Union Gas)</font><font size="1" face="Arial" style="font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">63</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Noverco Inc. (Noverco)</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">37</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">38</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Other Gas Distribution and Storage</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">31</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">27</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusted earnings before interest and   income taxes</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">269</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">240</font></p>    </td>   </tr>
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<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">EGD - (warmer)/colder than normal   weather</font><font size="1" face="Arial" style="font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(17)</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Noverco - changes in unrealized   derivative fair value gains/(loss)</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">10</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(1)</font></p>    </td>   </tr>
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<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Noverco - recognition of regulatory   balances</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">17</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Union Gas - employee severance and   restructuring costs</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(4)</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings before interest and income   taxes</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">275</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">239</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">1</font><font size="1" color="black" face="Arial" style="color:black;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Includes adjusted EBIT from Union Gas since the completion of the Merger Transaction on February&nbsp;27, 2017. For additional information, refer to </font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Merger with Spectra Energy.</font></p>
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">2</font><font size="1" color="black" face="Arial" style="color:black;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Effective January&nbsp;1, 2017, the Company no longer makes such an adjustment to its EBIT.</font></i></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Additional details on items impacting Gas Distribution EBIT include:</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font face="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font color="black" face="Arial" style="color:black;">EGD EBIT for each period includes the impact of warmer/colder than normal weather in EGD&#146;s franchise area. Prior to January&nbsp;1, 2017, the impacts of warmer/colder than normal weather were removed for the purpose of calculating EGD&#146;s adjusted EBIT. Effective January&nbsp;1, 2017, the Company no longer makes such an adjustment to its adjusted EBIT.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">25</font><a name="PB_25_113130_5335"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">EGD</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">As EGD&#146;s operations are rate-regulated and its revenues are directly impacted by items such as depreciation, financing charges and current income taxes, the adjusted EBIT measure for EGD is less indicative of business performance. In light of the nature of the regulated model for EGD&#146;s business, the following supplemental adjusted earnings information is provided to facilitate an understanding of EGD&#146;s results from operations:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">EGD Earnings</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0in 2.9pt .0001pt 0in;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Three months ended</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0in 2.9pt .0001pt 0in;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:1.45pt 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:1.45pt 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:81.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusted earnings before interest and   income taxes</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">138</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">175</font></p>    </td>   </tr>
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<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Interest expense</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(46)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(37)</font></p>    </td>   </tr>
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<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Income taxes expense</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(10)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(20)</font></p>    </td>   </tr>
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<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusting items in respect of:</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Interest expense</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
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<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:81.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Income taxes</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(4)</font></p>    </td>   </tr>
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<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:81.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusted earnings</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">83</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">114</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:81.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">EGD - warmer than normal weather</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(13)</font></p>    </td>   </tr>
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<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:81.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings attributable to common   shareholders</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">83</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">101</font></p>    </td>   </tr>  </table>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">EGD adjusted earnings decreased for the three months ended March&nbsp;31, 2017 compared with the corresponding 2016 period, primarily due to the change in recognition of warmer/colder than normal weather for adjusted earnings purposes. EGD earnings for each period included the impact of warmer/colder than normal weather in EGD&#146;s franchise area. A significant portion of EGD&#146;s gas distribution customers use natural gas for space heating; therefore, volumes delivered and resulting revenues and earnings typically increase during the winter months of the first and fourth quarters of any given year. Revenues generated by EGD also vary from quarter-to-quarter with fluctuations in the price of natural gas, although earnings remain neutral due to the flow-through nature of these costs. As noted above, prior to January&nbsp;1, 2017, the impacts of warmer/colder than normal weather were removed for the purposes of EGD adjusted earnings. Effective January&nbsp;1, 2017, the Company discontinued the above noted treatment for the purposes of adjusted earnings, and as such, the quarter-over-quarter decrease in EGD adjusted earnings reflected lower distribution revenues due to the impacts of warmer than normal weather during the winter months in the first quarter of 2017. If for the three months ended March&nbsp;31, 2017 the Company continued with the above noted treatment, EGD adjusted earnings would have increased by $21 million.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Other factors contributing to a quarter-over-quarter decrease in EGD adjusted earnings were higher earnings sharing in 2017, higher depreciation expense resulting from a higher overall asset base and lower capitalized interest resulting from the completion of the Greater Toronto Area project in March&nbsp;2016.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Union Gas</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Union Gas is a major Canadian natural gas storage, transmission and distribution company based in Ontario with over 100 years of experience and service to customers. The distribution business serves approximately 1.5 million residential, commercial and industrial customers in more than 400 communities across northern, southwestern and eastern Ontario. Union Gas&#146; storage and transmission business offers storage and transmission services to customers at the Dawn Hub, the largest integrated underground storage facility in Canada and one of the largest in North America. It offers customers an important link in the movement of natural gas from western Canada and United States supply basins to markets in central Canada and the northeast United States.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Union Gas&#146; distribution system consists of approximately 64,374 kilometres (40,000 miles) of main and service pipelines. Union Gas&#146; underground natural gas storage facilities have a working capacity of approximately 165 billion cubic feet in 25 underground facilities located in depleted gas fields. Its transmission system consists of approximately 4,828 kilometres (3,000 miles) of high pressure pipeline and associated mainline compressor stations.</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Union Gas&#146; distribution system is regulated by the Ontario Energy Board (OEB) and is subject to regulation in a number of areas, including rates. Union Gas provides its infranchise customers with regulated distribution, transmission and storage services and also provides unregulated natural gas storage and regulated transmission services for other utilities and energy market participants, including large natural gas transmission and distribution companies. A substantial amount of Union Gas&#146; annual transportation and storage revenue is generated by fixed demand charges.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Incentive Regulation Framework</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Union Gas&#146; distribution rates are set under a five-year incentive regulation framework. The incentive regulation framework establishes new rates at the beginning of each year through the use of a pricing formula rather than through the examination of revenue and cost forecasts. The framework allows for:</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font face="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face="Arial">annual inflationary rate increases, offset by a productivity factor of 60% of inflation, such that the annual net rate escalator in each year is 40% of inflation,</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font face="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face="Arial">rate increases or decreases in the small volume customer classes where average use declines or increases,</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font face="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face="Arial">certain adjustments to rates,</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font face="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face="Arial">the continued pass-through of gas commodity, upstream transportation and demand side management costs,</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font face="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face="Arial">the additional pass-through of costs associated with major capital investments and certain fuel variances,</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font face="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face="Arial">an allowance for unexpected cost changes that are outside of management&#146;s control,</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font face="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face="Arial">equal sharing of tax changes between Union Gas and customers, and</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font face="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face="Arial">an earnings sharing mechanism that permits Union Gas to fully retain the return on equity from utility operations up to 9.93%, share 50% of any earnings between 9.93% and 10.93% with customers, and share 90% of any earnings above 10.93% with customers. In October&nbsp;2016, Union Gas filed an application with the OEB for new rates effective January&nbsp;1, 2017 pursuant to the incentive regulation framework. In December&nbsp;2016, the OEB approved the application on an interim basis with an implementation date of January&nbsp;1, 2017 to be included in the Quarterly Rate Adjustment Mechanism. A final rate order is expected after the OEB completes its review of Union Gas&#146; Cap and Trade Compliance Plan.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Cap and Trade</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Similar to EGD, Union Gas is subject to the requirements of the Government of Ontario&#146;s Cap and Trade program, which became effective January&nbsp;1, 2017. Refer to <i>Gas Distribution &#150; Enbridge Gas Distribution Inc. &#150; Cap and Trade</i> in Enbridge&#146;s MD&amp;A for the year ended December&nbsp;31, 2016 for more information on this program. In November&nbsp;2016, Union Gas filed its 2017 Compliance Plan and the OEB issued an interim rate order approving the associated Cap and Trade costs for recovery from customers effective January&nbsp;1, 2017. The OEB will complete its review of Union Gas&#146; 2017 Compliance Plan and approve the final rates in 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Business Risks</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Union Gas is subject to substantially the same business risks as Enbridge&#146;s other gas distribution assets as disclosed in Enbridge&#146;s MD&amp;A for the year ended December&nbsp;31, 2016.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Results of Operations</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Union Gas&#146; adjusted EBIT for the first quarter of 2017 reflects its results of operations since the completion of the Merger Transaction on February&nbsp;27, 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Union Gas&#146; results include higher distribution and transportation revenues from rate increases due to expansion projects being placed into service at the end of 2016. These higher revenues were partially offset by an increase in operating and maintenance costs.</font></p>
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<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">27</font><a name="PB_27_113706_2897"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">As Union Gas&#146; operations are rate-regulated and its revenues are directly impacted by items such as depreciation, financing charges and current income taxes, the adjusted EBIT measure for Union Gas is less indicative of business performance. In light of the nature of the regulated model for Union Gas&#146; business, the following supplemental adjusted earnings information is provided to facilitate an understanding of Union Gas&#146; results from operations:</font></p>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Union Gas Earnings</font></b><b><font size="1" face="Arial" style="font-size:5.0pt;font-weight:bold;position:relative;top:-3.0pt;">1</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Three months ended March&nbsp;31,</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusted earnings before interest and   income taxes</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">63</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Interest expense</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(15)</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Income taxes recovery</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">15</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusting items in respect of:</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Income taxes</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(1)</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings attributable to   noncontrolling interests</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(1)</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusted earnings</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">61</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Employee severance costs adjustment</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(3)</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings attributable to common   shareholders</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">58</font></b></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&#160;&#160; <i>Includes adjusted earnings generated by Union Gas since the completion of the Merger Transaction on February&nbsp;27, 2017.</i></font></p>
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<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">GREEN POWER AND TRANSMISSION</font></b></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">Earnings Before Interest and Income Taxes</font></b></p>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0in 2.9pt .0001pt 0in;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">Three&nbsp;months&nbsp;ended<br>   March&nbsp;31,</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
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<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2016</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Green Power and Transmission</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">50</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">48</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusted earnings before interest and   income taxes</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">50</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">48</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Green Power and Transmission -   changes in unrealized derivative fair value gain</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings before interest and income   taxes</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">50</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">49</font></p>    </td>   </tr>  </table>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Green Power and Transmission adjusted EBIT for the three months ended March&nbsp;31, 2017 reflected the impact of projects that came into service in 2016; however, due to weaker wind resources in the first quarter of 2017, adjusted EBIT remained comparable quarter-over-quarter.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">ENERGY SERVICES</font></b></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">Earnings Before Interest and Income Taxes</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="margin:0in 2.9pt .0001pt 0in;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">Three&nbsp;months&nbsp;ended<br>   March&nbsp;31,</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2016</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Energy Services</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(5)</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusted earnings/(loss) before   interest and income taxes</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(5)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 20.2pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Energy Services - changes in   unrealized derivative fair value gains/(loss)</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">161</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(7)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings/(loss) before interest and   income taxes</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">156</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(6)</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Following are additional details on items impacting Energy Services EBIT:</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Changes in unrealized fair value gains and losses related to the revaluation of financial derivatives used to manage the profitability of transportation and storage transactions and exposure to movements in commodity prices on the value of inventory.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Weak</font><font face="Arial" style="border:none;"> Energy Services performance in the first quarter of both 2017 and 2016 reflected decreased crude oil storage opportunities, lower refinery demand and compressed location and quality differentials in</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">28</font><a name="PB_28_104508_2189"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">certain markets. Adjusted EBIT from Energy Services is dependent on market conditions and results achieved in one period may not be indicative of results to be achieved in future periods.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">ELIMINATIONS AND OTHER</font></b></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">Earnings Before Interest and Income Taxes</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="bottom" style="padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="margin:0in 2.9pt .0001pt 0in;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">Three&nbsp;months&nbsp;ended</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="margin:0in 2.9pt .0001pt 0in;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
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<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2016</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Operating and administrative</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(40)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(15)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Realized foreign exchange derivative   loss</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(72)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(87)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Other</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">7</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">16</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Adjusted loss before interest and   income taxes</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(105)</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(86)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Changes in unrealized derivative fair   value gains</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">71</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">367</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Unrealized intercompany foreign   exchange loss</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(7)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(60)</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Project development and transaction   costs</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(149)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Employee severance and restructuring   costs</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(125)</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:79.5%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings/(loss) before interest and   income taxes</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(315)</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">221</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Items impacting Eliminations and Other EBIT include:</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Project development and transaction costs incurred in the first quarter of 2017 in relation to the Merger Transaction. For additional information, refer to <i>Merger with Spectra Energy.</i></font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Employee severance and restructuring costs incurred in the first quarter of 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Included in Eliminations and Other adjusted loss before interest and income taxes for the three months ended March&nbsp;31, 2017 was a realized loss of $72 million (2016 - $87 million) related to settlements under the Company&#146;s foreign exchange risk management program. The Company targets to hedge 80% or more of anticipated consolidated United States denominated earnings from its United States operations utilizing foreign exchange derivative contracts with the objective of enhancing the predictability of its Canadian dollar earnings.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">The notional amount of foreign currency derivatives realized during the first quarter of 2017 was US$264 million (2016 - US$261 million) with an average price to sell United States dollars for Canadian dollars at $1.05 (2016 - $1.04). The Average Exchange Rate for the three months ended March&nbsp;31, 2017 was $1.32 (2016 - $1.37). As the hedged rate was lower than the Average Exchange Rate in each of the first quarters of 2017 and 2016, the Company recognized a realized hedge loss in each of these periods. The realized hedge loss for the first quarter of 2017 was less than the comparative 2016 period due to a lower unfavourable spread between the Average Exchange Rate and hedged rate. The realized loss in Eliminations and Other partially offsets the positive effect of translating the earnings performance of United States dollar denominated businesses at the Average Exchange Rate of $1.32 for the first quarter of 2017 (2016 - $1.37) which is reflected in the reported EBIT of the applicable business segments.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Realized gains and losses on this hedging program are reported in their entirety within Eliminations and Other as the Company manages the foreign exchange risk of its United States businesses at an enterprise-wide level. Gains and losses arising on settlements of foreign exchange derivatives hedging transactional exposure arising from foreign denominated revenues or expenses within the Company&#146;s Canadian businesses are captured at the business level and reported as part of the EBIT of the applicable segment. For example, gains and losses on hedges of the Canadian Mainline&#146;s United States denominated revenue are reported as part of the EBIT from Canadian Mainline.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Eliminations and Other adjusted EBIT also reflected higher operating and administrative costs in the first quarter of 2017 due to higher information technology and other centralized service costs post integration with Spectra Energy and proportionally lower recoveries from business units during the quarter.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">29</font><a name="PB_29_104600_5335"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Other adjusted EBIT decreased in the first quarter of 2017 compared with the corresponding 2016 period and reflected realized foreign exchange losses from the translation of certain intercompany transactions.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">LIQUIDITY AND CAPITAL RESOURCES</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The maintenance of financial strength and flexibility is fundamental to Enbridge&#146;s growth strategy, particularly in light of the significant level of capital projects currently secured or under development. Access to timely funding from capital markets could be limited by factors outside Enbridge&#146;s control, including but not limited to financial market volatility resulting from economic and political events both inside and outside North America. To mitigate such risks, the Company actively manages financial plans and funding strategies to ensure it maintains sufficient liquidity to meet routine operating and future capital requirements. In the near term, the Company generally expects to utilize cash from operations and capital markets issuances, commercial paper and/or credit facility draws to fund liabilities as they become due, finance capital expenditures, fund debt retirements and pay common and preference share dividends. The Company targets to maintain liquidity through securement of committed credit facilities with a diversified group of banks and financial institutions sufficient to enable it to fund all anticipated requirements for approximately one year without accessing the capital markets.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company&#146;s financing plan is regularly updated to reflect evolving capital requirements and financial market conditions and incorporates a variety of potential sources of debt and equity funding alternatives, including utilization of its sponsored vehicles, EEP, the Fund Group and SEP.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">CAPITAL MARKET ACCESS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;">The Company and its self-funding subsidiaries ensure ready access to capital markets, subject to market conditions, through maintenance of shelf prospectuses that allow for issuance of long-term debt, equity and other forms of long-term capital when market conditions are attractive.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Spectra Energy Partners has US$2.2 billion of capital expansion spending planned in 2017, which is expected to be funded through a combination of debt, equity issued primarily through its &#147;at the market&#148; program and return of capital at the project level.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">Bank Credit and Liquidity</font></b></p>
<p style="background:white;border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">To ensure ongoing liquidity and to mitigate the risk of capital market disruption, Enbridge maintains ready access to funds through securement of committed bank credit facilities and it </font><font face="Arial" style="border:none;">actively manages its bank funding sources to optimize pricing and ensure flexibility. The following table provides details of the Company&#146;s committed credit facilities as at </font><font color="black" face="Arial" style="border:none;color:black;">March&nbsp;31, 2017</font><font face="Arial" style="border:none;"> and December&nbsp;31, </font><font color="black" face="Arial" style="border:none;color:black;">2016</font><font face="Arial" style="border:none;">.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">30</font><a name="PB_30_104620_5796"></a></p>
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<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">December&nbsp;31,</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="bottom" style="padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.4%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.1%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="32%" colspan="5" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:32.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">March&nbsp;31,&nbsp;2017</font></b></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2016</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.98%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Maturity</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Total</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Total</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Dates</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Facilities</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Draws</font><font size="1" face="Arial" style="font-size:5.0pt;position:relative;top:-3.0pt;">1</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Available</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Facilities</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2017-2022</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">8,416</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">5,785</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2,631</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">8,183</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge (U.S.) Inc.</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2018-2019</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">3,903</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">554</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">3,349</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">3,934</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">EEP</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2018-2020</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">3,497</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">3,119</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">378</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">3,525</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">EGD</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2018-2019</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,017</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">407</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">610</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,017</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge Income Fund</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2019</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,500</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">446</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,054</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,500</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge Pipelines (Southern Lights)   L.L.C.</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2018</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">27</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">27</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">27</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge Pipelines Inc.</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2018</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">3,000</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,138</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,862</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">3,000</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge Southern Lights LP</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2018</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">5</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">5</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">5</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">MEP</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2018</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">893</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">586</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">307</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">900</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Spectra Energy Capital, LLC</font><font size="1" face="Arial" style="font-size:6.5pt;position:relative;top:-3.0pt;">2</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2018-2021</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,732</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,051</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">681</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Spectra Energy Partners</font><font size="1" face="Arial" style="font-size:6.5pt;position:relative;top:-3.0pt;">2</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2018-2021</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">3,863</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,934</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,929</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Westcoast</font><font size="1" face="Arial" style="font-size:6.5pt;position:relative;top:-3.0pt;">2</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2021</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">400</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">400</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Union Gas</font><font size="1" face="Arial" style="font-size:6.5pt;position:relative;top:-3.0pt;">2</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2021</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">700</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">435</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">265</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="38%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:38.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Total committed credit facilities</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:11.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.1%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">28,953</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">15,455</font></b></p>    </td>
<td width="2%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">13,498</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.56%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:12.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">22,091</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&#160;&#160; <i>Includes facility draws, letters of credit and commercial paper issuances that are back-stopped by the credit facility.</i></font></p>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">2</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&#160;&#160; <i>Committed credit facility acquired as part of merger with Spectra Energy. For additional information, refer to </i>Merger with Spectra Energy.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none windowtext 1.0pt;font-size:10.0pt;padding:0in;">During the three months ended March&nbsp;31, 2017, the Company continued to diversify its access to funding through the establishment of a term credit facility with a syndicate of Asian banks for a total commitment of $239 million. As at March&nbsp;31, 2017, the Company maintained three term credit facilities with syndicates of Asian banks, which were fully drawn upon and provided a cost-effective source of term debt financing when compared with the cost of term debt financing in the North American public markets available at the time.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">In addition to the committed credit facilities noted above, the Company also maintains $566 million (December&nbsp;31, 2016 - $335 million) of uncommitted demand facilities, of which $171 million (December&nbsp;31, 2016 - $177 million) were unutilized as at March&nbsp;31, 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="background:white;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">The Company&#146;s net available liquidity of $14,517 million as at March&nbsp;31, 2017 was inclusive of $1,855 million of unrestricted cash and cash equivalents and net of bank indebtedness of $836 million as reported on the Consolidated Statements of Financial Position.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">The Company&#146;s credit facility agreements and term debt indentures include standard events of default and covenant provisions whereby accelerated repayment and/or termination of the agreements may result if the Company were to default on payment or violate certain covenants. As at March&nbsp;31, 2017, the Company was deemed to be in compliance with all debt covenants and expects to continue to comply with such covenants.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Strong growth in internal cash flow, ready access to liquidity from diversified sources and a stable business model have enabled Enbridge to manage its credit profile. The Company actively monitors and manages key financial metrics with the objective of sustaining investment grade credit ratings from the major credit rating agencies and ongoing access to bank funding and term debt capital on attractive terms. Key measures of financial strength that are closely managed include the ability to service debt obligations from operating cash flow and the ratio of debt to total capital. As at March&nbsp;31, 2017, the Company&#146;s debt capitalization ratio was 47.8% compared with 62.1% as at December&nbsp;31, 2016. The improvement in the ratio reflected an increase in equity as a result of the Merger Transaction.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">31</font><a name="PB_31_105745_2897"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Following the close of the Merger Transaction, the Company&#146;s credit ratings were affirmed as follows:</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">DBRS Limited confirmed the Company&#146;s issuer rating and medium-term notes and unsecured debentures rating of BBB (high), fixed-to-floating subordinated notes rating of BBB (low), preference share rating of Pfd-3 (high) and commercial paper rating of R-2 (high), and changed their rating outlook from under review with developing implications to stable.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Moody&#146;s Investor Services,&nbsp;Inc. affirmed the Company&#146;s issuer rating and senior unsecured debt rating of Baa2, subordinated rating of Ba1, preference share rating of Ba1 and commercial paper rating of P-2, and retained a negative outlook.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Standard&nbsp;&amp; Poor&#146;s Rating Services (S&amp;P) affirmed the Company&#146;s corporate credit rating and senior unsecured debt rating of BBB+, preference share rating of P-2 (low) and commercial paper rating of A-1 (low), and reaffirmed a stable outlook. S&amp;P also affirmed the Company&#146;s global overall short-term rating of A-2.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Enbridge&#146;s solid investment grade credit ratings are a reflection of the low risk nature of its underlying assets; limited exposure to commodity prices and volume risk; its project execution track record; strong dividend coverage; and substantial standby liquidity. The Company believes that it continues to have ample access to capital markets in both Canada and the United States to adequately fund the execution of its growth capital program.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">There are no material restrictions on the Company&#146;s cash with the exception of the restricted cash of $175 million, which includes EGD&#146;s and Union Gas&#146; receipt of cash from the Government of Ontario to fund its Green Investment Fund program. In addition, the Company&#146;s restricted cash includes cash collateral and amounts for specific shipper commitments. Cash and cash equivalents held by EEP and the Fund Group are generally not readily accessible by Enbridge until distributions are declared and paid by these entities, which occurs quarterly for EEP and monthly for the Fund Group. Further, cash and cash equivalents held by certain foreign subsidiaries may not be readily accessible for alternative uses by Enbridge.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Excluding current maturities of long-term debt, the Company had a negative working capital position as at March&nbsp;31, 2017. The major contributing factor to the negative working capital position was the ongoing funding of the Company&#146;s growth capital program.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">To address this negative working capital position, the Company maintains significant liquidity in the form of committed credit facilities and other sources as previously discussed, which enable the funding of liabilities as they become due.</font><font color="black" face="Arial" style="color:black;"> As previously noted, as at March&nbsp;31, 2017, the Company&#146;s net available liquidity totalled $14,517 million (December&nbsp;31, 2016 - $14,274 million). It is anticipated that any current maturities of long-term debt will be refinanced upon maturity.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">SOURCES AND USES OF CASH</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
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<td width="73%" valign="bottom" style="padding:0in 0in 0in 0in;width:73.52%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="23%" colspan="4" valign="bottom" style="padding:0in 0in 0in 0in;width:23.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">Three&nbsp;months&nbsp;ended</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="73%" valign="bottom" style="padding:0in 0in 0in 0in;width:73.52%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="23%" colspan="4" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:23.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">March&nbsp;31,</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.98%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="73%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:73.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2016</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Operating activities</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,677</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,861</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Investing activities</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(3,523</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">)</font></b></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(1,852</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">)</font></p>    </td>   </tr>
<tr>
<td width="73%" valign="top" style="padding:0in 0in 0in 0in;width:73.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Financing activities</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,593</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">751</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="73%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:73.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Effect of translation of foreign   denominated cash and cash equivalents</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(9</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">)</font></b></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(40</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">)</font></p>    </td>   </tr>
<tr>
<td width="73%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:73.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Increase/(decrease) in cash and cash   equivalents</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(262</font></b></p>    </td>
<td width="1%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">)</font></b></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">720</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Significant sources and uses of cash for the three months ended March&nbsp;31, 2017 and March&nbsp;31, 2016 are summarized below:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Operating Activities</font></b></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Arial" style="color:black;">The cash flows delivered by operations in the first quarter of 2017 reflect operating factors discussed under <i>Non-GAAP Measures &#150; Adjusted EBIT and Non-GAAP Measures &#150; Adjusted</i></font></p>
<p style="margin:0in 0in .0001pt .5in;text-indent:-.25in;"><i><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-style:italic;">&nbsp;</font></i></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font color="black" face="Arial" style="color:black;">32</font><a name="PB_32_112907_934"></a></p>
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<p style="margin:0in 0in .0001pt .5in;text-indent:-.25in;"><i><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-style:italic;">&nbsp;</font></i></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;"><i><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-style:italic;">Earnings</font></i><font color="black" face="Arial" style="color:black;">, which included contributions from new assets following the completion of the Merger Transaction on February&nbsp;27, 2017. These additional contributions quarter-over-quarter were more than offset by a decrease in contribution from the Liquids Pipelines segment, mainly attributable to a lower average Canadian Mainline IJT Residual Benchmark Toll and a lower foreign exchange hedge rate used to record Canadian Mainline revenues.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Arial" style="color:black;">In the first quarter of 2017, transaction and transition costs in connection with the Merger Transaction, as well as employee severance costs in relation to the Company&#146;s enterprise-wide reduction of workforce, also contributed to lower cash flows from operations when compared with the corresponding 2016 period.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Arial" style="color:black;">Changes in operating assets and liabilities included within operating activities were $237 million (2016 - $131 million) for the three months ended March&nbsp;31, 2017. Enbridge&#146;s operating assets and liabilities fluctuate in the normal course due to various factors, including fluctuations in commodity prices and activity levels within the Energy Services and Gas Distribution segments, the timing of tax payments, as well as timing of cash receipts and payments. In addition, cap and trade regulation in the Province of Ontario went into effect on January&nbsp;1, 2017, which resulted in recognition of a cap and trade compliance liability within the Gas Distribution segment in the first quarter of 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Investing Activities</font></b></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><b><font size="3" face="Symbol" style="font-size:12.0pt;font-weight:bold;">&#183;</font></b><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">The quarter-over-quarter increase in cash used in investing activities was primarily attributable to higher spending on the Company&#146;s equity investments. During the first quarter of 2017, the Company paid cash consideration of $1.96 billion (US $1.5 billion) for the acquisition of an interest in the Bakken Pipeline System. In addition, the Company also made an initial equity investment of $0.4 billion in connection with its 50% interest in the Hohe See Offshore Wind Project</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><b><font size="3" face="Symbol" style="font-size:12.0pt;font-weight:bold;">&#183;</font></b><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Also, during the first quarter of 2017, the Company&#146;s investment in intangible assets was higher compared with the corresponding 2016 period.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><b><font size="3" face="Symbol" style="font-size:12.0pt;font-weight:bold;">&#183;</font></b><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">The above increase in cash usage was partially offset by cash acquired in the Merger Transaction, as well as proceeds from the disposition of the Ozark Pipeline assets in the first quarter of 2017. In the first quarter of 2016, the Company paid a deposit of $54 million in connection with the acquisition of the Tupper Plants.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><b><font size="3" face="Symbol" style="font-size:12.0pt;font-weight:bold;">&#183;</font></b><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Finally, the Company continues with the execution of its growth capital program which is further described in <i>Growth Projects &#150; Commercially Secured Projects</i>. The timing of project approval, construction and in-service dates impacts the timing of cash requirements.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Financing Activities</font></b></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><b><font size="2" face="Symbol" style="font-size:10.0pt;font-weight:bold;">&#183;</font></b><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">During the first quarter of 2017, excluding the impact of the Merger Transaction, the Company&#146;s overall debt increased by $2,045 million compared with a decrease of $921 million for the comparable 2016 period, mainly to finance its growth capital program and maturing term debt.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><b><font size="2" face="Symbol" style="font-size:10.0pt;font-weight:bold;">&#183;</font></b><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">The quarter-over-quarter increase in cash generated from financing activities also reflected higher cash contributions from noncontrolling interests, which now also include noncontrolling interests in the assets acquired through the Merger Transaction.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><b><font size="2" face="Symbol" style="font-size:10.0pt;font-weight:bold;">&#183;</font></b><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">The above increases in cash quarter-over-quarter were partially offset by a higher cash received from the issuance of common shares in the first quarter of 2016, as a result of the issuance of 56 million common shares in March&nbsp;2016.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><b><font size="2" face="Symbol" style="font-size:10.0pt;font-weight:bold;">&#183;</font></b><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">The Company&#146;s common share dividend payments also increased in the first quarter of 2017, primarily due to the increase in the common share dividend rate effective March&nbsp;2017 and higher number of common shares outstanding due to the issuance of approximately 75 million common shares in 2016.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Dividend Reinvestment and Share Purchase Plan</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Participants in the Company&#146;s Dividend Reinvestment and Share Purchase Plan receive a </font><font face="Arial" style="border:none;">2</font><font face="Arial" style="border:none;">% discount on the purchase of common shares with reinvested dividends. For the three months ended March&nbsp;31, 2017, dividends declared were $</font><font face="Arial" style="border:none;">548</font><font face="Arial" style="border:none;"> million (2016 - $</font><font face="Arial" style="border:none;">460</font><font face="Arial" style="border:none;"> million), of which $</font><font face="Arial" style="border:none;">354</font><font face="Arial" style="border:none;"> million (2016 - $276 million) were paid in cash and reflected in financing activities. The remaining $</font><font face="Arial" style="border:none;">194</font><font face="Arial" style="border:none;"> million (2016 - $184 million) of dividends declared were reinvested pursuant to the plan and resulted in the issuance of common shares rather than a cash payment. For the three months ended March&nbsp;31, 2017 and 2016,</font><font face="Arial" style="border:none;"> 35.4</font><font face="Arial" style="border:none;">% and </font><font face="Arial" style="border:none;">40.0</font><font face="Arial" style="border:none;">%, respectively, of total dividends declared were reinvested.</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial" style="border:none;">33</font><a name="PB_33_113013_3020"></a></p>
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<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">On May 4, 2017, the Enbridge Board of Directors declared the following quarterly dividends. All dividends are payable on June&nbsp;1, 2017 to shareholders of record on May&nbsp;15, 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="49%" valign="top" style="border:none;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Common Shares</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="border:none;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.61000</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;A</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.34375</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;B</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.25000</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;D</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.25000</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;F</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.25000</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;H</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.25000</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;J</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">US$0.25000</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;L</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">US$0.25000</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;N</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.25000</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;P</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.25000</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;R</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.25000</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;1</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">US$0.25000</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;3</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.25000</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;5</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">US$0.27500</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;7</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.27500</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;9</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.27500</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;11</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.27500</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;13</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.27500</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;15</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.27500</font></p>    </td>   </tr>
<tr>
<td width="49%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:49.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;17</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:49.04%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">$0.32188</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">34</font><a name="PB_34_113141_7748"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">LEGAL AND OTHER UPDATES</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">LIQUIDS PIPELINES</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Disposition of Ozark Pipeline Asset</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">As noted previously under <i>Asset Monetization</i>, on March&nbsp;1, 2017, the Company sold the Ozark Pipeline to a subsidiary of MPLX LP for cash proceeds of approximately $0.3 billion (US$0.2 billion) including reimbursement of certain costs. The Ozark Pipeline, a non-core asset owned by EEP, transports crude oil from Cushing, Oklahoma to Wood River,&nbsp;Illinois, where it delivers to a third-party refinery and interconnects with other third-party pipelines. Results of operations from the Ozark Pipeline for the period prior to its sales are reported within <i>Liquids Pipelines &#150; Mid-Continent and Gulf Coast</i>.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Renewal of Line 5 Easement</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On January&nbsp;4, 2017, the Tribal Council of the Bad River Band of Lake Superior Tribe of Chippewa Indians (the Band) issued a press release indicating that the Band had passed a resolution not to renew its interest in certain Line 5 easements through the Bad River Reservation. Line 5 is included within the Company&#146;s mainline system. The Band&#146;s resolution calls for decommissioning and removal of the pipeline from all Bad River tribal lands and watershed and could impact the Company&#146;s ability to operate the pipeline on the Reservation. Since the Band passed the resolution, the parties have agreed to ongoing discussions with the objective of understanding and resolving the Band&#146;s concerns on a long-term basis.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Eddystone Rail Legal Matter</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On February&nbsp;2, 2017, Enbridge subsidiary Eddystone Rail filed an action against several defendants in the United States District Court for the Eastern District of Pennsylvania. Eddystone Rail alleges that the defendants transferred valuable assets from Eddystone Rail&#146;s counterparty in a maritime contract, so as to avoid outstanding obligations to Eddystone Rail. Eddystone Rail is seeking payment of compensatory and punitive damages in excess of US$140 million. Eddystone Rail&#146;s chances of success in connection with the above noted action cannot be predicted and it is possible that Eddystone Rail may not recover any of the amounts sought.</font><font face="Arial" style="border:none;"> On March&nbsp;16, 2017, the defendants filed motions to dismiss on all counts. Eddystone Rail is defending the motions. Results of operations from Eddystone Rail are reported within <i>Liquids Pipelines &#150; Feeder Pipelines and Other</i>.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">Lakehead System Lines 6A and Line 6B Crude Oil Release</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Line 6B Crude Oil Release</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On July&nbsp;26, 2010, a release of crude oil on Line 6B of EEP&#146;s Lakehead System was reported near Marshall, Michigan.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">As at March&nbsp;31, 2017, </font><font face="Arial" style="border:none;">EEP&#146;s total cost estimate for the Line 6B crude oil release remains at US$1.2 billion ($195 million after-tax attributable to Enbridge) including those costs that were considered probable and that could be reasonably estimated at March&nbsp;31, 2017. Despite the efforts EEP has made to ensure the reasonableness of its estimate, there continues to be the potential for EEP to incur additional costs in connection with this crude oil release due to variations in any or all of the cost categories, including modified or revised requirements from regulatory agencies.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Line 6A Crude Oil Release</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">A release of crude oil from Line 6A of EEP&#146;s Lakehead System was reported in an industrial area of Romeoville,&nbsp;Illinois on September&nbsp;9, 2010. EEP has completed the cleanup, remediation and restoration of the areas affected by the release. </font><font face="Arial" style="border:none;">The total estimated cost for the Line 6A crude oil release was approximately US$53 million ($7 million after-tax attributable to Enbridge) before insurance recoveries and excluding fines and penalties. These costs included emergency response, environmental remediation and cleanup activities with the crude oil release. As at March&nbsp;31, 2017, EEP has no remaining estimated liability.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">Insurance Recoveries</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">EEP is included in the comprehensive insurance program that is maintained by Enbridge for its subsidiaries and affiliates. </font><font face="Arial" style="border:none;">As at December&nbsp;31, 2016, EEP has recorded total insurance recoveries of US$547 million <font color="black" style="color:black;">($80 million after-tax attributable to Enbridge)</font> for the Line 6B crude oil release out of the US$650 million applicable limit. </font><font face="Arial" style="border:none;">Of the remaining US$103 million coverage limit, US$85 million was the subject matter of a lawsuit against one particular insurer. In March&nbsp;2015, Enbridge reached an agreement with that insurer to submit the US$85 million claim to binding arbitration. On May 2, 2017 the arbitration panel issued a decision that was not favourable to Enbridge. As a result, EEP is unlikely to receive any additional insurance recoveries in connection with the Line 6B crude oil release.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">35</font><a name="PB_35_113213_141"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">Legal and Regulatory Proceedings</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">A number of United States governmental agencies and regulators have initiated investigations into the Line 6B crude oil release. Two actions or claims are pending against Enbridge, EEP or their affiliates in United States state courts in connection with the Line 6B crude oil release. Based on the current status of these cases, the Company does not expect the outcome of these actions to be material to its results of operations or financial condition.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Line 6A and 6B Fines and Penalties</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">As at March&nbsp;31, 2017, included in EEP&#146;s total estimated costs related to the Line 6B crude oil release were US$69 million in fines and penalties. Of this amount, US$62 million relates to civil penalties under the Clean Water Act of the United States, which EEP fully accrued but has not paid, pending approval of the Consent Decree, as described below.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Consent Decree</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On July&nbsp;20, 2016, a Consent Decree was filed with the United States District Court for the Western District of Michigan Southern Division (the Court). The Consent Decree is EEP&#146;s signed settlement agreement with the United States Environmental Protection Agency (EPA) and the United States Department of Justice regarding the Lines 6A and 6B crude oil releases. Pursuant to the Consent Decree, EEP will pay US$62 million in civil penalties: US$61 million in respect of Line 6B and US$1 million in respect of Line 6A. Subsequent to filing the Consent Decree, the Department of Justice received public comments on the contents of the Consent Decree and with EEP&#146;s concurrence made certain modifications to the document to address some of these comments before filing an amended Consent Decree on January&nbsp;19, 2017. The Consent Decree will take effect upon approval by the Court.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Seaway Pipeline Regulatory Matters</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Seaway Crude Pipeline System (Seaway Pipeline) filed an application for market-based rates in December&nbsp;2011 and refiled in December&nbsp;2014. Several parties filed comments in opposition alleging that the application should be denied because Seaway Pipeline has market power in both its receipt and destination markets. On December&nbsp;1, 2016, the Administrative Law Judge (ALJ)</font><font face="Arial" style="border:none;"> issued its decision which concluded that the Commission should grant the application of Seaway Pipeline for authority to charge market-based rates. The parties filed briefs during the first quarter of 2017 to defend the ALJ&#146;s decision and to respond to criticisms of that decision. The Commissioners will now review the entire record and issue a decision. There is no timeline for the FERC to act and issue a decision.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">GAS PIPELINES AND PROCESSING</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">British Columbia Pipeline T-South System</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On April&nbsp;25, 2017, Enbridge launched a binding open season on its British Columbia Pipeline T-South system for delivery of an incremental 190 mmcf/day of natural gas into the Huntington/Sumas market at the Canadian/United States border. The system is currently fully contracted and an expansion is necessary to meet increasing customer demand as a result of rapidly growing production in the prolific Montney and Duvernay regions. The project would include looping of T-South and upgrades at compressor stations along the pipeline system at a cost of approximately $1 billion. Subject to the outcome of the open season, the project could be brought into service by late 2020.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Aux Sable Environmental Protection Agency Matter</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">In September&nbsp;2014, Aux Sable received a </font><font face="Arial" style="border:none;">Notice and Finding of Violation (</font><font face="Arial" style="border:none;">NFOV) from the United States EPA for alleged violations of the Clean Air Act related to the Leak Detection and Repair program, and related provisions of the Clean Air Act permit for Aux Sable&#146;s Channahon,&nbsp;Illinois facility. As part of the ongoing process of responding to the September&nbsp;2014 NFOV, Aux Sable discovered what it believed to be an exceedance of currently permitted limits for Volatile Organic Material. </font><font face="Arial" style="border:none;">In April&nbsp;2015, a second NFOV from the EPA was received in connection with this potential exceedance. Aux Sable engaged in discussions with the EPA to evaluate the impacts and ultimate resolution of these issues, including with respect to a draft Consent Decree. Those discussions are continuing and the Consent Decree, when finalized, is not expected to have a material impact on the Company&#146;s consolidated financial position or results of operations.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">36</font><a name="PB_36_113254_7608"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On October&nbsp;14, 2016, an amended claim was filed against Aux Sable by a counterparty to an NGL supply agreement. On January&nbsp;5, 2017, Aux Sable filed a Statement of Defence with respect to this claim. While the final outcome of this action cannot be predicted with certainty, at this time management believes that the ultimate resolution of this action will not have a material impact on the Company&#146;s consolidated financial position or results of operations.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">CAPITAL EXPENDITURE COMMITMENTS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company has signed contracts for the purchase of services, pipe and other materials totalling $4,419 million which are expected to be paid over the next five years.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">TAX MATTERS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Enbridge and its subsidiaries maintain tax liabilities related to uncertain tax positions. While fully supportable in the Company&#146;s view, these tax positions, if challenged by tax authorities, may not be fully sustained on review.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">OTHER LITIGATION</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company and its subsidiaries are subject to various other legal and regulatory actions and proceedings which arise in the normal course of business, including interventions in regulatory proceedings and challenges to regulatory approvals and permits by special interest groups. While the final outcome of such actions and proceedings cannot be predicted with certainty, management believes that the resolution of such actions and proceedings will not have a material impact on the Company&#146;s consolidated financial position or results of operations.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">RISK MANAGEMENT AND FINANCIAL INSTRUMENTS</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company&#146;s earnings, cash flows and other comprehensive income (OCI) are subject to movements in foreign exchange rates, interest rates, commodity prices and the Company&#146;s share price. The Company uses a combination of qualifying and non-qualifying derivative instruments to manage these risks.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The following summarizes the types of market risks to which the Company is exposed and the risk management instruments used to mitigate them. The Company uses a combination of qualifying and non-qualifying derivative instruments to manage the risks noted below.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Foreign Exchange Risk</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company generates certain revenues, incurs expenses, and holds a number of investments and subsidiaries that are denominated in currencies other than Canadian dollars. As a result, the Company&#146;s earnings, cash flows and OCI are exposed to fluctuations resulting from foreign exchange rate variability.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company has implemented a policy whereby, at a minimum, it hedges a level of foreign currency denominated earnings exposures over a five year forecast horizon. A combination of qualifying and non-qualifying derivative instruments are used to hedge anticipated foreign currency denominated revenues and expenses, and to manage variability in cash flows. The Company hedges certain net investments in United States dollar denominated investments and subsidiaries using foreign currency derivatives and United States dollar denominated debt.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">37</font><a name="PB_37_113355_8146"></a></p>
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<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Interest Rate Risk</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company&#146;s earnings and cash flows are exposed to short term interest rate variability due to the regular repricing of its variable rate debt, primarily commercial paper. Pay fixed-receive floating and pay floating-receive fixed interest rate swaps and options are used to hedge against the effect of future interest rate movements. The Company has implemented a program to significantly mitigate the impact of short-term interest rate volatility on interest expense via execution of floating to fixed interest rate swaps with an average swap rate of 2.4% and fixed to floating interest rate swaps with an average swap rate of 2.1%.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company&#146;s earnings and cash flows are also exposed to variability in longer term interest rates ahead of anticipated fixed rate term debt issuances. Forward starting interest rate swaps are used to hedge against the effect of future interest rate movements. The Company has implemented a program to significantly mitigate its exposure to long-term interest rate variability on select forecast term debt issuances via execution of floating to fixed interest rate swaps with an average swap rate of 3.7%.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company also monitors its debt portfolio mix of fixed and variable rate debt instruments to maintain a consolidated portfolio of debt within its Board of Directors approved policy limit of a maximum of 25% floating rate debt as a percentage of total debt outstanding. The Company primarily uses qualifying derivative instruments to manage interest rate risk.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Commodity Price Risk</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company&#146;s earnings and cash flows are exposed to changes in commodity prices as a result of its ownership interests in certain assets and investments, as well as through the activities of its energy services subsidiaries. These commodities include natural gas, crude oil, power and NGL. The Company employs financial derivative instruments to fix a portion of the variable price exposures that arise from physical transactions involving these commodities. The Company uses primarily non-qualifying derivative instruments to manage commodity price risk.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Emission Allowance Price Risk</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Emission allowance price risk is the risk of gain or loss due to changes in the market price of emission allowances that the gas distribution business of the Company is required to purchase for itself and most of its customers to meet GHG compliance obligations. Similar to the gas supply procurement framework, the OEB framework for emission allowance procurement allows recovery of fluctuations in emission allowance prices in customer rates, subject to OEB approval.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Equity Price Risk</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Equity price risk is the risk of earnings fluctuations due to changes in the Company&#146;s share price. The Company has exposure to its own common share price through the issuance of various forms of stock-based compensation, which affect earnings through revaluation of the outstanding units every period. The </font><font face="Arial" style="border:none;">Company uses equity derivatives to manage the earnings volatility derived from one form of stock-based compensation, restricted share units. The Company uses a combination of qualifying and non-qualifying derivative instruments to manage equity price risk.</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial" style="border:none;">38</font><a name="PB_38_114656_5698"></a></p>
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<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">THE EFFECT OF DERIVATIVE INSTRUMENTS ON THE CONSOLIDATED STATEMENTS OF EARNINGS AND</font></b></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">COMPREHENSIVE INCOME</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The following table presents the effect of cash flow hedges and net investment hedges on the Company&#146;s</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">consolidated earnings and consolidated comprehensive income, before the effect of income taxes.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="71%" valign="bottom" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="26%" colspan="4" valign="bottom" style="padding:0in 0in 0in 0in;width:26.26%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">Three&nbsp;months&nbsp;ended</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="bottom" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="26%" colspan="4" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:26.26%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">March&nbsp;31,</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.98%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2016</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Amount of unrealized gains/(loss)   recognized in OCI</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Cash flow hedges</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Foreign exchange contracts</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(2</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">)</font></b></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(35</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">)</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Interest rate contracts</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(14</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">)</font></b></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(576</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">)</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Commodity contracts</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">21</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">16</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Other contracts</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(9</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">)</font></b></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">31</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Net investment hedges</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Foreign exchange contracts</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">8</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">84</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">4</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(480</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">)</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Amount of (gains)/loss reclassified   from Accumulated other comprehensive income (AOCI) to earnings </font><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(effective portion)</font></i></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Foreign exchange contracts</font><font size="1" face="Arial" style="font-size:5.0pt;position:relative;top:-3.0pt;">1</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">3</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Interest rate contracts</font><font size="1" face="Arial" style="font-size:5.0pt;position:relative;top:-3.0pt;">2</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">48</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(21</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">)</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Commodity contracts</font><font size="1" face="Arial" style="font-size:5.0pt;position:relative;top:-3.0pt;">3</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(2</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">)</font></b></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(8</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">)</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Other contracts</font><font size="1" face="Arial" style="font-size:5.0pt;position:relative;top:-3.0pt;">4</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">9</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(26</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">)</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">56</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(52</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">)</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Amount of (gains)/loss reclassified   from AOCI to earnings</font><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;"> (ineffective portion and amount   excluded from effectiveness testing)</font></i></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Interest rate contracts</font><font size="1" face="Arial" style="font-size:5.0pt;position:relative;top:-3.0pt;">2</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">26</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">26</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Amount of unrealized gains/(loss)   from non-qualifying derivatives included in earnings</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Foreign exchange contracts</font><font size="1" face="Arial" style="font-size:5.0pt;position:relative;top:-3.0pt;">1</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">273</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,016</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Interest rate contracts</font><font size="1" face="Arial" style="font-size:5.0pt;position:relative;top:-3.0pt;">2</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(18</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">)</font></b></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">4</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Commodity contracts</font><font size="1" face="Arial" style="font-size:5.0pt;position:relative;top:-3.0pt;">3</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">163</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(184</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">)</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Other contracts</font><font size="1" face="Arial" style="font-size:5.0pt;position:relative;top:-3.0pt;">4</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">6</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:71.26%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:12.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">418</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:.6%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">842</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&#160;&#160; <i>Reported within Transportation and other services revenues and Other income in the Consolidated Statements of Earnings.</i></font></p>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">2</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&#160;&#160; <i>Reported within Interest expense in the Consolidated Statements of Earnings.</i></font></p>
<p style="margin:0in 0in .0001pt 11.5pt;text-indent:-11.5pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">3</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&#160;&#160; <i>Reported within Transportation and other services revenues, Commodity sales revenues, Commodity costs and Operating and administrative expense in the Consolidated Statements of Earnings.</i></font></p>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">4</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&#160;&#160; <i>Reported within Operating and administrative expense in the Consolidated Statements of Earnings.</i></font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">Fair Value Derivatives</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;">For interest rate derivative instruments that are designated and qualify as fair value hedges, the gain or loss on the derivative as well as the offsetting loss or gain on the hedged item attributable to the hedged risk is included in Interest Expense on the Consolidated Statements of Earnings. During the three months ended March&nbsp;31, 2017, the Company recognized an unrealized loss of $2 million (2016 - nil) on the derivative and an unrealized gain of $2 million (2016 - nil) on the hedged item in net income. The difference in the amounts, if any, represents hedge ineffectiveness.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">LIQUIDITY RISK</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Liquidity risk is the risk that the Company will not be able to meet its financial obligations, including commitments and guarantees, as they become due. In order to mitigate this risk, the Company forecasts cash requirements over a 12 month rolling time period to determine whether sufficient funds will be available and maintains substantial capacity under its committed bank lines of credit, as discussed under <i>Liquidity and Capital Resources</i>. The Company also maintains current shelf prospectuses with securities regulators, which enables, subject to market conditions, ready access to either the Canadian or United States public capital markets. The Company was deemed to be in compliance with all the terms and conditions of its committed credit facilities as at March&nbsp;31, 2017.</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial" style="border:none;">39</font><a name="PB_39_121641_7091"></a></p>
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<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">CREDIT RISK</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Entering into derivative financial instruments may result in exposure to credit risk from the possibility that a counterparty will default on its contractual obligations. In order to mitigate this risk, the Company enters into risk management transactions primarily with institutions that possess investment grade credit ratings. Credit risk relating to derivative counterparties is mitigated by credit exposure limits and contractual requirements, netting arrangements, and ongoing monitoring of counterparty credit exposure using external credit rating services and other analytical tools.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company generally has a policy of entering into individual International Swaps and Derivatives Association,&nbsp;Inc. agreements or other similar derivative agreements, with the majority of its derivative counterparties. These agreements provide for the net settlement of derivative instruments outstanding with specific counterparties in the event of bankruptcy or other significant credit event, and would reduce the Company&#146;s credit risk exposure on derivative asset positions outstanding with the counterparties in these particular circumstances.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Credit risk also arises from trade and other long-term receivables and is mitigated through credit exposure limits and contractual requirements, assessment of credit ratings and netting arrangements. Within EGD and Union Gas, credit risk is mitigated by the utilities&#146; large and diversified customer base and the ability to recover and estimate for doubtful accounts through the ratemaking process. The Company actively monitors the financial strength of large industrial customers and, in select cases, has obtained additional security to minimize the risk of default on receivables. Generally, the Company classifies and provides for receivables older than 30 days as past due. The maximum exposure to credit risk related to non-derivative financial assets is their carrying value.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">CHANGES IN ACCOUNTING POLICIES</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">ADOPTION OF NEW STANDARDS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Simplifying the Measurement of Goodwill Impairment</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Effective January&nbsp;1, 2017, the Company early adopted Accounting Standards Update (ASU) 2017-04 and applied the standard on a prospective basis. Under the new guidance, goodwill impairment will now be the amount by which a reporting unit&#146;s carrying value exceeds its fair value; this amount should not exceed the carrying amount of goodwill. The adoption of the pronouncement did not have a material impact on the Company&#146;s consolidated financial statements.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Clarifying the Definition of a Business in an Acquisition</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Effective January&nbsp;1, 2017, the Company early adopted ASU 2017-01 on a prospective basis. The new standard was issued with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (disposals) of assets or businesses. The adoption of the pronouncement did not have a material impact on the Company&#146;s consolidated financial statements.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Accounting for Intra-Entity Asset Transfers</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Effective January&nbsp;1, 2017, the Company early adopted ASU 2016-16 on a modified retrospective basis. The new standard was issued with the intent of improving the accounting for the income tax consequences of intra-entity asset transfers other than inventory. Under the new guidance, an entity should recognize the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. The adoption of the pronouncement did not have a material impact on the Company&#146;s consolidated financial statements.</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial" style="border:none;">40</font><a name="PB_40_121806_455"></a></p>
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<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Improvements to Employee Share-Based Payment Accounting</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Effective January&nbsp;1, 2017, the Company adopted ASU 2016-09 and applied certain amendments on a modified retrospective basis with the remaining amendments applied on a prospective basis. The new standard was issued with the intent of simplifying and improving several aspects of accounting for share-based payment transactions including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The adoption of the pronouncement did not have a material impact on the Company&#146;s consolidated financial statements.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Simplifying the Embedded Derivatives Analysis for Debt Instruments</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Effective January&nbsp;1, 2017, the Company adopted ASU 2016-06 on a modified retrospective basis. The new guidance simplifies the embedded derivative analysis for debt instruments containing contingent call or put options</font><font color="#1f497d" face="Arial" style="border:none;color:#1F497D;">. </font><font face="Arial" style="border:none;">The adoption of the pronouncement did not have a material impact on the Company&#146;s consolidated financial statements.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">FUTURE ACCOUNTING POLICY CHANGES</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Amending the Amortization Period for Certain Callable Debt Securities Purchased at a Premium</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">ASU 2017-08 was issued in March&nbsp;2017 with the intent of shortening the amortization period to the earliest call date for certain callable debt securities held at a premium. The Company is currently assessing the impact of the new standard on the consolidated financial statements. The accounting update is effective for annual and interim periods beginning after December&nbsp;15, 2018 and is to be applied on a modified retrospective basis.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Improving the Presentation of Net Periodic Benefit Cost related to Defined Benefit Plans</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">ASU 2017-07 was issued in March&nbsp;2017 primarily to improve the income statement presentation of the components of net periodic pension cost and net periodic postretirement benefit cost for an entity&#146;s sponsored defined benefit pension and other postretirement plans. In addition, only the service-cost component of net benefit cost is eligible for capitalization. The Company is currently assessing the impact of the new standard on the consolidated financial statements. The accounting update is effective for annual and interim periods beginning after December&nbsp;15, 2017 and is to be applied on a retrospective basis for the statement of earnings presentation component and a prospective basis for the capitalization component. Other than the revised statement of earnings presentation, the adoption of ASU 2017-07 is not expected to have a material impact on the Company&#146;s consolidated financial statements.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Clarifying Guidance on Derecognition and Partial Sales of Nonfinancial Assets</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">ASU 2017-05 was issued in February&nbsp;2017 with the intent of clarifying the scope of asset derecognition guidance and accounting for partial sales of nonfinancial assets. The ASU clarifies the scope provisions of nonfinancial assets and how to allocate consideration to each distinct asset, and amends the guidance for derecogntion of a distinct nonfinancial asset in partial sale transactions. The Company is currently assessing the impact of the new standard on the consolidated financial statements. The accounting update is effective for annual and interim periods beginning after December&nbsp;15, 2017 and is to be applied on a retrospective or modified retrospective basis.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Accounting for Credit Losses</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">ASU 2016-13 was issued in June&nbsp;2016 with the intent of providing financial statement users with more useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. Current treatment uses the incurred loss methodology for recognizing credit losses that delays the recognition until it is probable a loss has been incurred. The amendment adds a new impairment model, known as the current expected credit loss model, that is based on expected losses rather than incurred losses. Under the new guidance, an entity recognizes as an allowance its estimate of expected credit losses, which the Financial Accounting Standards Board believes will result in more timely recognition of such losses. The Company is currently assessing the impact of the new standard on its consolidated financial statements. The accounting update is effective for annual and interim periods beginning on or after December&nbsp;15, 2019.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">41</font><a name="PB_41_121915_4141"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Recognition of Leases</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">ASU 2016-02 was issued in February&nbsp;2016 with the intent to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the statement of financial position and disclosing additional key information about lease agreements. The Company is currently assessing the impact of the new standard on its consolidated financial statements. The accounting update is effective for fiscal years beginning after December&nbsp;15, 2018 and is to be applied using a modified retrospective approach.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Revenue from Contracts with Customers</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">ASU 2014-09 was issued in 2014 with the intent of significantly enhancing consistency and comparability of revenue recognition practices across entities and industries. The new standard establishes a single, principles-based five-step model to be applied to all contracts with customers and introduces new and enhanced disclosure requirements. The standard is effective January&nbsp;1, 2018. The new revenue standard permits either a full retrospective method of adoption with restatement of all prior periods presented, or a modified retrospective method with the cumulative effect of applying the new standard recognized as an adjustment to opening retained earnings in the period of adoption. The Company is currently assessing which transition method to use.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company has reviewed a sample of its revenue contracts in order to evaluate the effect of the new standard on its revenue recognition practices. Based on the Company&#146;s initial assessment, the application of the standard may result in a change in presentation in the Gas Distribution business related to payments to customers under the earnings sharing mechanism which are currently shown as an expense in the Consolidated Statements of Earnings. Under the new standard, these payments would be reflected as a reduction of revenue. Additionally, estimates of variable consideration which will be required under the new standard for certain Liquids Pipelines, Gas Pipelines and Processing and Green Power and Transmission revenue contracts as well as the allocation of the transaction price for certain Liquids Pipelines revenue contracts, may result in changes to the pattern or timing of revenue recognition for those contracts. While the Company has not yet completed the assessment, the Company&#146;s preliminary view is that it does not expect these changes will have a material impact on revenue or earnings (loss). The Company is also developing processes to generate the disclosures required under the new standard.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="4" color="black" face="Arial" style="color:black;font-size:13.0pt;font-weight:bold;">QUARTERLY FINANCIAL INFORMATION</font></b></p>
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<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0in 2.15pt .0001pt 0in;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">2016</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="26%" colspan="5" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:26.0%;">
<p align="center" style="margin:0in 2.15pt .0001pt 0in;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">2015</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="24%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:24.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Q1</font></b><b><font size="1" face="Arial" style="font-size:5.0pt;font-weight:bold;position:relative;top:-3.0pt;">2</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Q4</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Q3</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Q2</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Q1</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Q4</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Q3</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Q2</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(millions of Canadian dollars, except per share amounts)</font></i></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="24%" valign="top" style="padding:0in 0in 0in 0in;width:24.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Revenues</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:7.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">11,146</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.86%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">9,338</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">8,488</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">7,939</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">8,795</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">8,914</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">8,320</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">8,631</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="24%" valign="top" style="padding:0in 0in 0in 0in;width:24.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings/(loss) attributable to   common shareholders</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:7.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">638</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.86%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">365</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(103)</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">301</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,213</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">378</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(609)</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">577</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="24%" valign="top" style="padding:0in 0in 0in 0in;width:24.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings/(loss) per common share</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:7.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">0.54</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.86%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">0.39</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(0.11)</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">0.33</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1.38</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">0.44</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(0.72)</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">0.68</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="24%" valign="top" style="padding:0in 0in 0in 0in;width:24.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Diluted earnings/(loss) per common   share</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:7.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">0.54</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:.86%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">0.39</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(0.11)</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">0.33</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1.38</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">0.44</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(0.72)</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">0.67</font></p>    </td>
<td width="0%" valign="bottom" style="padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="24%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:24.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Dividends per common share</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">0.583</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.86%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">0.530</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">0.530</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">0.530</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">0.530</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">0.465</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">0.465</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">0.465</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="24%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:24.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Changes in unrealized derivative fair   value (gains)/loss</font><font size="1" face="Arial" style="font-size:5.0pt;position:relative;top:-3.0pt;">1</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:7.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(245</font></b></p>    </td>
<td width="0%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:.86%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">)</font></b></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">189</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">32</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 2.15pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(652)</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">45</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 4.3pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">654</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(296)</font></p>    </td>
<td width="0%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:.98%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></p>
<p style="margin:0in 0in .0001pt 11.5pt;text-indent:-11.5pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Included in earnings/(loss) attributable to common shareholders.</font></i></p>
<p style="margin:0in 0in .0001pt 11.5pt;text-indent:-11.5pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">2</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Included in the first quarter of 2017 were the results of operations from the assets acquired through the Merger Transaction effective February&nbsp;27, 2017. For additional information, refer to </font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Merger with Spectra Energy, Liquids Pipelines, Gas Pipelines and Processing, Gas Distribution, as well as Eliminations and Other.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Several factors impact comparability of the Company&#146;s financial results on a quarterly basis, including, but not limited to, the Merger Transaction in the first quarter of 2017, seasonality in the Company&#146;s gas distribution businesses, fluctuations in market prices such as foreign exchange rates and commodity prices, disposals of investments or assets and the timing of in-service dates of new projects.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">42</font><a name="PB_42_122241_8627"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
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<!-- SEQ.=1,FOLIO='42',FILE='C:\JMS\105192\17-12211-2\task8432408\12211-2-bs.htm',USER='105192',CD='May 12 00:02 2017' -->


<br clear="all" style="page-break-before:always;">
<div style="font-family:Times New Roman;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">A significant part of the Company&#146;s revenues is generated from its energy services operations. Revenues from these operations depend on activity levels, which vary from year to year depending on market conditions and commodity prices. Commodity prices do not directly impact earnings since these earnings reflect a margin or percentage of revenues that depends more on differences in commodity prices between locations and points in time than on the absolute level of prices.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The Company actively manages its exposure to market risks including, but not limited to, commodity prices, interest rates and foreign exchange rates. To the extent derivative instruments used to manage these risks are non-qualifying for the purposes of applying hedge accounting, changes in unrealized fair value gains and losses on these instruments will impact earnings.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">In addition to the impacts of the Merger Transaction, as well as the changes in unrealized gains and losses outlined above, significant items impacting the consolidated quarterly earnings are noted below:</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Included in the first quarter of 2017 were charges to earnings of $152 million ($111 million after-tax) with respect to costs incurred in relation to the Merger Transaction, as well as $129 million ($92 million after-tax) of employee severance costs in relation to the Company&#146;s enterprise-wide reduction of workforce in March&nbsp;2017 and restructuring costs in connection with the completion of the Merger Transaction.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Included in the fourth quarter of 2016 were employee severance and restructuring costs incurred in relation to the Company&#146;s Building Our Energy Future initiative, with a net charge to earnings of $37 million. For additional information on this initiative, refer to the Company&#146;s 2016 annual MD&amp;A.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Included in the fourth quarter of 2016 was a gain of $520 million (after-tax attributable to Enbridge) on the disposal of South Prairie Region assets within the Liquids Pipelines segment.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Included in the fourth quarter of 2016 was an asset impairment charge of $272 million (after-tax attributable to Enbridge) related to the Northern Gateway Project within the Liquids Pipelines segment.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Included in the fourth quarter of 2016 and second quarter of 2015 were the tax impacts of asset transfers between entities under common control of Enbridge. The intercompany gains realized by the selling entities have been eliminated from the Company&#146;s consolidated financial statements. However, as the transaction involved the sale of partnership units, the tax consequences remained in consolidated earnings and resulted in charges of $11 million and $39 million, respectively.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">In the third quarter of 2016, impairment charges of $1,000 million ($81 million after-tax attributable to Enbridge), including related project costs of $8 million, were recognized in relation to EEP&#146;s Sandpiper Project. In the fourth quarter of 2016, additional project costs of $4 million (nil after-tax attributable to Enbridge) were recognized.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Included in the second and third quarters of 2016 were after-tax costs attributable to Enbridge of $12 million and $10 million, respectively, incurred in relation to the restart of certain of Enbridge&#146;s pipelines and facilities following the northeastern Alberta wildfires.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Included in the second quarter of 2016 were impairment charges of $103 million (after-tax attributable to Enbridge) related to Enbridge&#146;s 75% joint venture interest in Eddystone Rail, attributable to market conditions which impacted volumes at the rail facility.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Included in the fourth quarter of 2015 were employee severance costs in relation to the Company&#146;s enterprise-wide reduction of workforce, with a net charge of $25 million to earnings.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Included in the fourth quarter of 2015 was an asset impairment charge of US$63 million ($11 million after-tax attributable to Enbridge) related to EEP&#146;s Berthold rail facility due to the inability to renew committed shipper agreements beyond 2016 or secure sufficient spot volume.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Included in the third quarter of 2015 were impacts from the transfer of assets between entities under common control of Enbridge in connection with the transfer of Enbridge&#146;s Canadian Liquids Pipelines business and certain Canadian renewable energy assets to Enbridge Income Partners L.P. in which the Fund has an indirect interest, resulting in a $247 million loss on the de-designation of interest rate hedges, an $88 million write-off of a regulatory asset in respect of taxes and $16 million of transaction costs.</font></p>
<p style="margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">43</font><a name="PB_43_123251_4065"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
<!-- SEQ.=1,FOLIO='43',FILE='C:\JMS\108224\17-12211-2\task8431582\12211-2-bu.htm',USER='108224',CD='May 11 10:43 2017' -->

<br clear="all" style="page-break-before:always;">
<div style="font-family:Times New Roman;">
<p style="margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Included in the third quarter of 2015 was an after-tax gain of $44 million on the disposal of non-core assets within the Liquids Pipelines segment.</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Included in the second quarter of 2015 was a goodwill impairment charge of $440 million ($167 million after-tax attributable to Enbridge) related to EEP&#146;s natural gas and NGL businesses due to a prolonged decline in commodity prices which reduced producers&#146; expected drilling programs and negatively impacted volumes on EEP&#146;s natural gas and NGL systems.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Finally, the Company is in the midst of a substantial growth capital program and the timing of construction and completion of growth projects may impact the comparability of quarterly results. The Company&#146;s capital expansion initiatives, including construction commencement and expected in-service dates, are listed under <i>Growth Projects &#150; Commercially Secured Projects</i>.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="4" color="black" face="Arial" style="color:black;font-size:13.0pt;font-weight:bold;">OUTSTANDING SHARE DATA</font></b><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;position:relative;top:-4.0pt;">1</font></b></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">PREFERENCE SHARES</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Redemption and</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Right to</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Conversion</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Convert</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Number</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Option Date</font><font size="1" face="Arial" style="font-size:4.5pt;position:relative;top:-3.0pt;">2,3</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Into</font><font size="1" face="Arial" style="font-size:4.5pt;position:relative;top:-3.0pt;">3</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;A</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">5,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;B</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">20,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">June&nbsp;1, 2017</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;C</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;D</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">18,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">March&nbsp;1, 2018</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;E</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;F</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">20,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">June&nbsp;1, 2018</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;G</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;H</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">14,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">September&nbsp;1, 2018</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;I</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;J</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">8,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">June&nbsp;1, 2017</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;K</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;L</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">16,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">September&nbsp;1, 2017</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;M</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;N</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">18,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">December&nbsp;1, 2018</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;O</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;P</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">16,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">March&nbsp;1, 2019</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;Q</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;R</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">16,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">June&nbsp;1, 2019</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;S</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;1</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">16,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">June&nbsp;1, 2018</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;2</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;3</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">24,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">September&nbsp;1, 2019</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;4</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;5</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">8,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">March&nbsp;1, 2019</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;6</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;7</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">10,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">March&nbsp;1, 2019</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;8</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;9</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">11,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">December&nbsp;1, 2019</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;10</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;11</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">20,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">March&nbsp;1, 2020</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;12</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;13</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">14,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">June&nbsp;1, 2020</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;14</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;15</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">11,000,000</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">September&nbsp;1, 2020</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;16</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference   Shares, Series&nbsp;17</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">30,000,000</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">March&nbsp;1, 2022</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Series&nbsp;18</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">COMMON SHARES</font></b></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Number</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Common   Shares - issued and outstanding (voting equity shares)</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,638,832,021</font></p>    </td>   </tr>
<tr>
<td width="55%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:55.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Stock   Options - issued and outstanding (25,327,699 vested)</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:17.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">40,466,405</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt 11.5pt;text-indent:-11.5pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1&nbsp;&nbsp;&nbsp;Outstanding share data information is provided as at April&nbsp;28, 2017.</font></i></p>
<p style="margin:0in 0in .0001pt 11.5pt;text-indent:-11.5pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">2&nbsp;&nbsp;&nbsp;All preference shares are non-voting equity shares. Preference Shares, Series&nbsp;A may be redeemed any time at the Company&#146;s option. For all other series of Preference Shares, the Company may, at its option, redeem all or a portion of outstanding Preference Shares for the Base Redemption Value per share plus all accrued and unpaid dividends on the Redemption Option Date and on every fifth anniversary thereafter.</font></i></p>
<p style="margin:0in 0in .0001pt 11.5pt;text-indent:-11.5pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">3&nbsp;&nbsp;&nbsp;The holder will have the right, subject to certain conditions, to convert their shares into Cumulative Redeemable Preference Shares of a specified series on a one-for-one basis on the Conversion Option Date and every fifth anniversary thereafter at an ascribed issue price equal to the Base Redemption Value.</font></i></p>
<p style="margin:0in 0in .0001pt 11.5pt;text-indent:-11.5pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">&nbsp;</font></i></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font color="black" face="Arial" style="color:black;">44</font><a name="PB_44_123847_7906"></a></p>
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<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><img width="235" height="53" src="g122112bwi001.gif"></font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="border:none;margin:0in 0in .0001pt;text-align:center;"><b><font size="4" face="Arial" style="border:none;font-size:15.0pt;font-weight:bold;">ENBRIDGE INC.</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:6.0pt;">&nbsp;</font></p>
<p align="center" style="border:none;margin:0in 0in .0001pt;text-align:center;"><b><font size="4" face="Arial" style="border:none;font-size:15.0pt;font-weight:bold;">CONSOLIDATED FINANCIAL STATEMENTS</font></b></p>
<p align="center" style="border:none;margin:0in 0in .0001pt;text-align:center;"><i><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-style:italic;">(unaudited)</font></i></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="border:none;margin:0in 0in .0001pt;text-align:center;"><b><font size="4" face="Arial" style="border:none;font-size:15.0pt;font-weight:bold;">March&nbsp;31, 2017</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="4" color="black" face="Arial" style="color:black;font-size:15.0pt;font-weight:bold;">CONSOLIDATED STATEMENTS OF EARNINGS</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" colspan="2" valign="bottom" style="padding:0in 0in 0in 0in;width:17.98%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">Three&nbsp;months&nbsp;ended</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" colspan="2" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.98%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2016</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(unaudited; millions of Canadian dollars, except per share amounts)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Revenues</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Commodity sales</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">6,866</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">4,804</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Gas distribution sales</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,363</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,007</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Transportation and other services</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2,917</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2,984</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">11,146</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">8,795</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Expenses</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Commodity costs</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">6,550</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">4,711</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Gas distribution costs</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,015</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">754</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Operating and administrative</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,541</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,080</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Depreciation and amortization</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">672</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">559</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Environmental costs, net of   recoveries</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">10</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">17</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">9,788</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">7,121</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,358</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,674</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Income from equity investments</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">236</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">226</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Other income</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">35</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">276</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Interest expense</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(486)</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(412)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,143</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,764</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Income taxes</font><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;"> (Note 11)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(198)</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(417)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">945</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,347</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings attributable to   noncontrolling interests and redeemable noncontrolling interests</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(224)</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(61)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings attributable to Enbridge   Inc.</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">721</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,286</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference share dividends</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(83)</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(73)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings attributable to Enbridge   Inc. common shareholders</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">638</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,213</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings per common share   attributable to Enbridge Inc. common shareholders </font><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(Note 8)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">0.54</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1.38</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="14" style="height:.15in;">
<td width="82%" height="14" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;height:.15in;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Diluted   earnings per common share attributable to Enbridge Inc. common shareholders </font><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(Note 8)</font></i></p>    </td>
<td width="9%" height="14" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:.15in;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">0.54</font></b></p>    </td>
<td width="8%" height="14" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;height:.15in;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1.38</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:2.0pt;font-style:italic;">&nbsp;</font></i></p>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">See accompanying notes to the unaudited interim consolidated financial statements.</font></i></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">1</font><a name="PB_1_131751_7056"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
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<div>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="4" color="black" face="Arial" style="color:black;font-size:15.0pt;font-weight:bold;">CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" colspan="2" valign="bottom" style="padding:0in 0in 0in 0in;width:17.98%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">Three&nbsp;months&nbsp;ended</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="17%" colspan="2" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:17.98%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2016</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(unaudited; millions of Canadian dollars)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">945</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,347</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Other comprehensive income/(loss),   net of tax</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Change in unrealized loss on cash   flow hedges</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(2)</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(443)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Change in unrealized gains on net   investment hedges</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">49</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">394</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Other comprehensive income/(loss)   from equity investees</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">6</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(2)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Reclassification to earnings of   realized cash flow hedges</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">45</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(10)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Reclassification to earnings of   unrealized cash flow hedges</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(4)</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">9</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Reclassification to earnings of   pension plans and other postretirement benefits (OPEB) amortization amounts</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">4</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Change in foreign currency   translation adjustment</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">432</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(1,377)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Other comprehensive income/(loss),   net of tax</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">530</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(1,427)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Comprehensive income/(loss)</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,475</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(80)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Comprehensive (income)/loss   attributable to noncontrolling interests and redeemable noncontrolling   interests</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(374)</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">100</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Comprehensive income attributable to   Enbridge Inc.</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,101</font></b></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">20</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference share dividends</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(83)</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(73)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:82.02%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Comprehensive income/(loss)   attributable to Enbridge Inc. common shareholders</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,018</font></b></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.98%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(53)</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:3.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">See accompanying notes to the unaudited interim consolidated financial statements.</font></i></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">2</font><a name="PB_2_131924_5335"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
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<div>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="4" color="black" face="Arial" style="color:black;font-size:15.0pt;font-weight:bold;">CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="bottom" style="padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="1" face="Arial" style="font-size:8.0pt;">Three&nbsp;months&nbsp;ended</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="1" face="Arial" style="font-size:8.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">2016</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(unaudited; millions of Canadian dollars, except per share amounts)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Preference   shares</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Balance   at beginning and end of period</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">7,255</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">6,515</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Common   shares</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Balance   at beginning of period</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">10,492</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">7,391</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Common   shares issued</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">2,241</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Common   shares issued in Merger Transaction</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">37,428</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Dividend   reinvestment and share purchase plan</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">194</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">184</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Shares   issued on exercise of stock options</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">33</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">12</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Balance   at end of period</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">48,147</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">9,828</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Additional   paid-in capital</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Balance   at beginning of period</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">3,399</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">3,301</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Stock-based   compensation</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">35</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">22</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Fair   value of outstanding earned stock based compensation from Merger Transaction</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">77</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Options   exercised</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(49)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(5)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Dilution   loss and other</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(36)</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(3)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Balance   at end of period</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">3,426</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">3,315</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Retained   earnings/(deficit)</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Balance   at beginning of period</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(716)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">142</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Earnings   attributable to Enbridge Inc.</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">721</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">1,286</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Preference   share dividends</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(83)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(73)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Common   share dividends declared</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(548)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(460)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Dividends   paid to reciprocal shareholder</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">7</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">6</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Redemption   value adjustment attributable to redeemable noncontrolling interests</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">152</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(118)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Adjustment   for the recognition of unutilized tax deductions for stock based compensation   expense</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">41</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Adjustment   relating to equity method investment</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(29)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Balance   at end of period</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(426)</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">754</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Accumulated   other comprehensive income/(loss)</font><i><font size="1" face="Arial" style="font-size:7.0pt;font-style:italic;"> (Note 9)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Balance   at beginning of period</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">1,058</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">1,632</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Other   comprehensive income/(loss) attributable to Enbridge Inc. common shareholders</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">380</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(1,266)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Balance   at end of period</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">1,438</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">366</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Reciprocal   shareholding</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Balance   at beginning of period</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(102)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(83)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Issuance   of treasury stock</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(19)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Balance   at end of period</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(102)</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(102)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Total   Enbridge Inc. shareholders&#146; equity</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">59,738</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">20,676</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Noncontrolling   interests</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Balance   at beginning of period</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">577</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">1,300</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Earnings   attributable to noncontrolling interests</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">192</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">7</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Other   comprehensive income/(loss) attributable to noncontrolling interests, net of   tax</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Change   in unrealized loss on cash flow hedges</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(1)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(91)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Change   in foreign currency translation adjustment</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">141</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(55)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Reclassification   to earnings of realized cash flow hedges</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">10</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">1</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Reclassification   to earnings of unrealized cash flow hedges</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">2</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">150</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(143)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Comprehensive   income/(loss) attributable to noncontrolling interests</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">342</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(136)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Noncontrolling   interests resulting from Merger Transaction</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">8,792</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Enbridge   Energy Company Inc. common control transaction</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">43</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Distributions</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(191)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(184)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Contributions</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">215</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">16</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Other</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">3</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(6)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Balance   at end of period</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">9,781</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">990</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Total   equity</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">69,519</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">21,666</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Dividends   paid per common share</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">0.583</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">0.530</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:2.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">See accompanying notes to the unaudited interim consolidated financial statements.</font></i></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Times New Roman" style="color:black;font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font color="black" face="Arial" style="color:black;">3</font><a name="PB_3_134255_9833"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
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<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Times New Roman" style="color:black;font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
<p style="margin:0in 0in .0001pt;"><b><font size="4" color="black" face="Arial" style="color:black;font-size:15.0pt;font-weight:bold;">CONSOLIDATED STATEMENTS OF CASH FLOWS</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
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<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="bottom" style="padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">Three&nbsp;months&nbsp;ended</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2016</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(unaudited; millions of Canadian dollars)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Operating   activities</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Earnings</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">945</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,347</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .2in;"><font size="2" face="Arial" style="font-size:10.0pt;">Depreciation and amortization</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">672</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">559</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .2in;"><font size="2" face="Arial" style="font-size:10.0pt;">Deferred income taxes expense</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">161</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">374</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .2in;"><font size="2" face="Arial" style="font-size:10.0pt;">Changes in unrealized gains on derivative instruments, net</font><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;"> (Note 10)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(418)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(842)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .2in;"><font size="2" face="Arial" style="font-size:10.0pt;">Cash distributions less than equity earnings</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(22)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(40)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .2in;"><font size="2" face="Arial" style="font-size:10.0pt;">Gains on disposition</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(14)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .2in;"><font size="2" face="Arial" style="font-size:10.0pt;">Hedge ineffectiveness</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">26</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .2in;"><font size="2" face="Arial" style="font-size:10.0pt;">Inventory revaluation allowance</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">7</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">168</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .2in;"><font size="2" face="Arial" style="font-size:10.0pt;">Unrealized loss on intercompany loan</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">6</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">60</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .2in;"><font size="2" face="Arial" style="font-size:10.0pt;">Other</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">98</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">87</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Changes in environmental liabilities, net of recoveries</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">4</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(9)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Changes in operating assets and liabilities</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">237</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">131</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,677</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,861</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Investing   activities</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Additions to property, plant and equipment</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(1,642)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(1,645)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Joint venture financing</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(39)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(10)</font></p>    </td>   </tr>
<tr>
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<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Long-term investments</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(2,511)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(133)</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Cash distributions in excess of equity earnings</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">11</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Restricted long-term investments</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(15)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(12)</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Additions to intangible assets</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(233)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(27)</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Deposit for acquisition</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(54)</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Cash acquired in Merger Transaction</font><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;"> (Note 4)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">614</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Proceeds from disposition</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">289</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Affiliate loans, net</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(2)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Changes in restricted cash</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">5</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">27</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(3,523)</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(1,852)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Financing   activities</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Net change in bank indebtedness and short-term borrowings</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">260</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">243</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Net change in commercial paper and credit facility draws</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2,285</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(1,164)</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Debenture and term note repayments</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(500)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Contributions from noncontrolling interests</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">215</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">16</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Distributions to noncontrolling interests</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(191)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(184)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Contributions from redeemable noncontrolling interests</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">11</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">4</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Distributions to redeemable noncontrolling interests</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(54)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(42)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Common shares issued</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">4</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2,227</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Preference share dividends</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(83)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(73)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt .1in;"><font size="2" face="Arial" style="font-size:10.0pt;">Common share dividends</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(354)</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(276)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,593</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">751</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Effect of translation of foreign   denominated cash and cash equivalents</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(9)</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(40)</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Increase/(decrease) in cash and cash   equivalents</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">(262)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">720</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Cash and cash equivalents at   beginning of period</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2,117</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,015</font></p>    </td>   </tr>
<tr>
<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Cash and cash equivalents at end of   period</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,855</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,735</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:2.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">See accompanying notes to the unaudited interim consolidated financial statements.</font></i></p>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">&nbsp;</font></i></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font color="black" face="Arial" style="color:black;">4</font><a name="PB_4_134542_5796"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">&nbsp;</font></i></p>
<p style="margin:0in 0in .0001pt;"><b><font size="4" color="black" face="Arial" style="color:black;font-size:15.0pt;font-weight:bold;">CONSOLIDATED STATEMENTS OF FINANCIAL POSITION</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">March&nbsp;31,</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">December&nbsp;31,</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">2016</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(unaudited; millions of Canadian dollars; number of shares in   millions)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">Assets</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Current   assets</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-align:justify;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Cash   and cash equivalents</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">1,855</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">2,117</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-align:justify;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Restricted   cash</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">175</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">68</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-align:justify;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Accounts   receivable and other</font><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;"> (Note 5)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">6,627</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">4,978</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-align:justify;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Accounts   receivable from affiliates</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">40</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">14</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-align:justify;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Inventory</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">1,205</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">1,233</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">9,902</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">8,410</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Property,   plant and equipment, net</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">99,518</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">64,284</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Long-term   investments</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">14,460</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">6,836</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Restricted   long-term investments</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">243</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">90</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Deferred   amounts and other assets</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">6,066</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">3,113</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Intangible   assets, net</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">3,838</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">1,573</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Goodwill</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">35,300</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">78</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Deferred   income taxes</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">1,202</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">1,170</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Assets   held for sale</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">278</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">170,529</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">85,832</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">Liabilities and equity</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Current   liabilities</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-align:justify;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Bank   indebtedness</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">836</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">623</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-align:justify;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Short-term   borrowings</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">833</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">351</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-align:justify;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Accounts   payable and other</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">8,398</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">7,295</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-align:justify;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Accounts   payable to affiliates</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">128</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">122</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-align:justify;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Interest   payable</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">628</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">333</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-align:justify;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Environmental   liabilities</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">143</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">142</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-align:justify;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Current   maturities of long-term debt</font><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;"> (Note 7)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">4,343</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">4,100</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">15,309</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">12,966</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Long-term   debt</font><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;"> (Note 7)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">60,736</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">36,494</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Other   long-term liabilities</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">7,009</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">4,981</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Deferred   income taxes</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">14,717</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">6,036</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">97,771</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">60,477</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Contingencies</font><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;"> (Note 15)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Redeemable   noncontrolling interests</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">3,239</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">3,392</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-align:justify;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Equity</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Share   capital</font><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;"> (Note 8)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Preference   shares</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">7,255</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">7,255</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Common   shares</font><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;"> (1,639 and 943 outstanding at March&nbsp;31,   2017 and December&nbsp;31, 2016, respectively)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">48,147</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">10,492</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Additional   paid-in capital</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">3,426</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">3,399</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Deficit</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">(426)</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">(716)</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Accumulated   other comprehensive income</font><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;"> (Note 9)</font></i></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">1,438</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">1,058</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Reciprocal   shareholding</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">(102)</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">(102)</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Total   Enbridge Inc. shareholders&#146; equity</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">59,738</font></b></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">21,386</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:9.0pt;">Noncontrolling   interests</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">9,781</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">577</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">69,519</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">21,963</font></p>    </td>   </tr>
<tr>
<td width="81%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:81.98%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:9.0pt;font-weight:bold;">170,529</font></b></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 2.9pt .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:9.0pt;">85,832</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Variable Interest Entities (Note 6)</font></i></p>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:6.0pt;font-style:italic;">&nbsp;</font></i></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">See accompanying notes to the unaudited interim consolidated financial statements</font></i><font color="black" face="Arial" style="color:black;">.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">5</font><a name="PB_5_134902_2897"></a></p>
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<p align="center" style="border:none;margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="4" face="Arial" style="border:none;font-size:14.0pt;font-weight:bold;">NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><i><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-style:italic;">(unaudited)</font></i></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">1.&#160;&#160; BASIS OF PRESENTATION</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The accompanying unaudited interim consolidated financial statements of Enbridge Inc. (Enbridge or the Company) have been prepared in accordance with generally accepted accounting principles in the United States of America (U.S. GAAP) and Regulation S-X for interim consolidated financial information. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements and should be read in conjunction with the Company&#146;s consolidated financial statements and notes thereto for the year ended December&nbsp;31, 2016 filed on February&nbsp;17, 2017. In the opinion of management, the interim consolidated financial statements contain all adjustments, consisting only of normal recurring adjustments, which management considers necessary to present fairly the Company&#146;s financial position as at March&nbsp;31, 2017 and results of operations and cash flows for the three months ended March&nbsp;31, 2017 and 2016. These interim consolidated financial statements follow the same significant accounting policies as those included in the Company&#146;s consolidated financial statements as at and for the year ended December&nbsp;31, 2016, except for the adoption of new standards </font><i><font size="1" face="Arial" style="border:none;font-size:8.0pt;font-style:italic;">(Note 2)</font></i><font face="Arial" style="border:none;">. Amounts are stated in Canadian dollars unless otherwise noted.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company&#146;s operations and earnings for interim periods can be affected by seasonal fluctuations within the gas distribution utility businesses, as well as other factors such as the supply of and demand for crude oil and natural gas.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">2.&#160;&#160; CHANGES IN ACCOUNTING POLICIES</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">ADOPTION OF NEW STANDARDS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Simplifying the Measurement of Goodwill Impairment</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Effective January&nbsp;1, 2017, the Company early adopted Accounting Standards Update (ASU) 2017-04 and applied the standard on a prospective basis. Under the new guidance, goodwill impairment will now be the amount by which a reporting unit&#146;s carrying value exceeds its fair value; this amount should not exceed the carrying amount of goodwill. The adoption of the pronouncement did not have a material impact on the Company&#146;s consolidated financial statements.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Clarifying the Definition of a Business in an Acquisition</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Effective January&nbsp;1, 2017, the Company early adopted ASU 2017-01 on a prospective basis. The new standard was issued with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (disposals) of assets or businesses. The adoption of the pronouncement did not have a material impact on the Company&#146;s consolidated financial statements.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Accounting for Intra-Entity Asset Transfers</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Effective January&nbsp;1, 2017, the Company early adopted ASU 2016-16 on a modified retrospective basis. The new standard was issued with the intent of improving the accounting for the income tax consequences of intra-entity asset transfers other than inventory. Under the new guidance, an entity should recognize the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. The adoption of the pronouncement did not have a material impact on the Company&#146;s consolidated financial statements.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Improvements to Employee Share-Based Payment Accounting</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Effective January&nbsp;1, 2017, the Company adopted ASU 2016-09 and applied certain amendments on a modified retrospective basis with the remaining amendments applied on a prospective basis. The new standard was issued with the intent of simplifying and improving several aspects of accounting for share-based payment transactions including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The adoption of the pronouncement did not have a material impact on the Company&#146;s consolidated financial statements.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">6</font><a name="PB_6_101837_41"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Simplifying the Embedded Derivatives Analysis for Debt Instruments</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Effective January&nbsp;1, 2017, the Company adopted ASU 2016-06 on a modified retrospective basis. The new guidance simplifies the embedded derivative analysis for debt instruments containing contingent call or put options</font><font color="#1f497d" face="Arial" style="border:none;color:#1F497D;">. </font><font face="Arial" style="border:none;">The adoption of the pronouncement did not have a material impact on the Company&#146;s consolidated financial statements.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">FUTURE ACCOUNTING POLICY CHANGES</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Amending the Amortization Period for Certain Callable Debt Securities Purchased at a Premium</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">ASU 2017-08 was issued in March&nbsp;2017 with the intent of shortening the amortization period to the earliest call date for certain callable debt securities held at a premium. The Company is currently assessing the impact of the new standard on the consolidated financial statements. The accounting update is effective for annual and interim periods beginning after December&nbsp;15, 2018 and is to be applied on a modified retrospective basis.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Improving the Presentation of Net Periodic Benefit Cost related to Defined Benefit Plans</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">ASU 2017-07 was issued in March&nbsp;2017 primarily to improve the income statement presentation of the components of net periodic pension cost and net periodic postretirement benefit cost for an entity&#146;s sponsored defined benefit pension and other postretirement plans. In addition, only the service-cost component of net benefit cost is eligible for capitalization. The Company is currently assessing the impact of the new standard on the consolidated financial statements. The accounting update is effective for annual and interim periods beginning after December&nbsp;15, 2017 and is to be applied on a retrospective basis for the statement of earnings presentation component and a prospective basis for the capitalization component. Other than the revised statement of earnings presentation, the adoption of ASU 2017-07 is not expected to have a material impact on the Company&#146;s consolidated financial statements.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Clarifying Guidance on Derecognition and Partial Sales of Nonfinancial Assets</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">ASU 2017-05 was issued in February&nbsp;2017 with the intent of clarifying the scope of asset derecognition guidance and accounting for partial sales of nonfinancial assets. The ASU clarifies the scope provisions of nonfinancial assets and how to allocate consideration to each distinct asset, and amends the guidance for derecogntion of a distinct nonfinancial asset in partial sale transactions. The Company is currently assessing the impact of the new standard on the consolidated financial statements. The accounting update is effective for annual and interim periods beginning after December&nbsp;15, 2017 and is to be applied on a retrospective or modified retrospective basis.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Accounting for Credit Losses</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">ASU 2016-13 was issued in June&nbsp;2016 with the intent of providing financial statement users with more useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. Current treatment uses the incurred loss methodology for recognizing credit losses that delays the recognition until it is probable a loss has been incurred. The amendment adds a new impairment model, known as the current expected credit loss model, that is based on expected losses rather than incurred losses. Under the new guidance, an entity recognizes as an allowance its estimate of expected credit losses, which the Financial Accounting Standards Board believes will result in more timely recognition of such losses. The Company is currently assessing the impact of the new standard on its consolidated financial statements. The accounting update is effective for annual and interim periods beginning on or after December&nbsp;15, 2019.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Recognition of Leases</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">ASU 2016-02 was issued in February&nbsp;2016 with the intent to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the statement of financial position and disclosing additional key information about lease agreements. The Company is currently assessing the impact of the new standard on its consolidated financial statements. The accounting update is effective for fiscal years beginning after December&nbsp;15, 2018 and is to be applied using a modified retrospective approach.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Revenue from Contracts with Customers</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">ASU 2014-09 was issued in 2014 with the intent of significantly enhancing consistency and comparability</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial" style="border:none;">7</font><a name="PB_7_102223_7056"></a></p>
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<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">of revenue recognition practices across entities and industries. The new standard establishes a single, principles-based five-step model to be applied to all contracts with customers and introduces new and enhanced disclosure requirements. The standard is effective January&nbsp;1, 2018. The new revenue standard permits either a full retrospective method of adoption with restatement of all prior periods presented, or a modified retrospective method with the cumulative effect of applying the new standard recognized as an adjustment to opening retained earnings in the period of adoption. The Company is currently assessing which transition method to use.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company has reviewed a sample of its revenue contracts in order to evaluate the effect of the new standard on its revenue recognition practices. Based on the Company&#146;s initial assessment, the application of the standard may result in a change in presentation in the Gas Distribution business related to payments to customers under the earnings sharing mechanism which are currently shown as an expense in the Consolidated Statements of Earnings. Under the new standard, these payments would be reflected as a reduction of revenue. Additionally, estimates of variable consideration which will be required under the new standard for certain Liquids Pipelines, Gas Pipelines and Processing and Green Power and Transmission revenue contracts as well as the allocation of the transaction price for certain Liquids Pipelines revenue contracts, may result in changes to the pattern or timing of revenue recognition for those contracts. While the Company has not yet completed the assessment, the Company&#146;s preliminary view is that it does not expect these changes will have a material impact on revenue or earnings (loss). The Company is also developing processes to generate the disclosures required under the new standard.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">8</font><a name="PB_8_102234_5335"></a></p>
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<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">3.&#160;&#160; SEGMENTED INFORMATION</font></b></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Gas</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Pipelines</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Green Power</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Liquids</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">and</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Gas</font></p>    </td>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">and</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Energy</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Eliminations</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">Three months ended March&nbsp;31, 2017</font></b></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Pipelines</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Processing</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Distribution</font></p>    </td>
<td width="11%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Transmission</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Services</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">and Other</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Consolidated</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="7%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:7.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:11.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:8.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Revenues</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">2,155</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">1,235</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">1,584</font></b></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">137</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">6,133</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(98)</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">11,146</font></b></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Commodity and gas distribution costs</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(3)</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(647)</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(1,046)</font></b></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">1</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(5,968)</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">98</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(7,565)</font></b></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Operating and administrative</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(750)</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(254)</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(189)</font></b></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(40)</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(12)</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(296)</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(1,541)</font></b></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Depreciation and amortization</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(356)</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(136)</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(112)</font></b></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(51)</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(17)</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(672)</font></b></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Environmental costs, net of recoveries</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(10)</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(10)</font></b></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">1,036</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">198</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">237</font></b></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">47</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">153</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(313)</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">1,358</font></b></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Income from equity investments</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">86</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">110</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">36</font></b></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">2</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">2</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">236</font></b></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Other income</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">2</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">31</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">2</font></b></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">1</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">1</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(2)</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">35</font></b></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Earnings/(loss) before interest and income taxes</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">1,124</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">339</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">275</font></b></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">50</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">156</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(315)</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">1,629</font></b></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Interest expense</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(486)</font></b></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Income taxes</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(198)</font></b></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Earnings</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">945</font></b></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Earnings   attributable to noncontrolling interests and redeemable noncontrolling   interests</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(224)</font></b></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Preference share dividends</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">(83)</font></b></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Earnings   attributable to Enbridge Inc. common shareholders</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">638</font></b></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Additions to property, plant and equipment</font><font size="1" face="Arial" style="font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">654</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">655</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">183</font></b></p>    </td>
<td width="11%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">114</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">59</font></b></p>    </td>
<td width="10%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="1" face="Arial" style="font-size:8.0pt;font-weight:bold;">1,665</font></b></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Gas</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Pipelines</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Green   Power</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Liquids</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">and</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Gas</font></p>    </td>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">and</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Energy</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Eliminations</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Three months ended March&nbsp;31,   2016</font></p>    </td>
<td width="7%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Pipelines</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Processing</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Distribution</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Transmission</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Services</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">and   Other</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">Consolidated</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Revenues</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">2,613</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">652</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">1,166</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">134</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">4,311</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(81)</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">8,795</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Commodity and gas distribution costs</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(2)</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(483)</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(766)</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">1</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(4,296)</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">81</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(5,465)</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Operating and administrative</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(766)</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(119)</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(134)</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(40)</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(15)</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(6)</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(1,080)</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Depreciation and amortization</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(346)</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(74)</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(80)</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(48)</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">-</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(11)</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(559)</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Environmental costs, net of   recoveries</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(17)</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">-</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">-</font></p>    </td>
<td width="11%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">-</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">-</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">-</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(17)</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">1,482</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(24)</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">186</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">47</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">-</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(17)</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">1,674</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Income/(loss) from equity investments</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">113</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">70</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">43</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">2</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(2)</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">-</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">226</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Other income/(expense)</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">17</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">15</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">10</font></p>    </td>
<td width="11%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">-</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(4)</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">238</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">276</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Earnings/(loss) before interest and income   taxes</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">1,612</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">61</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">239</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">49</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(6)</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">221</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">2,176</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Interest expense</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(412)</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Income taxes</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(417)</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Earnings</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">1,347</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Earnings   attributable to noncontrolling interests and redeemable noncontrolling   interests</font></p>    </td>
<td width="7%" valign="bottom" style="padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(61)</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Preference share dividends</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">(73)</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Earnings   attributable to Enbridge Inc. common shareholders</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">1,213</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:8.0pt;">Additions to property, plant and   equipment</font><font size="1" face="Arial" style="font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
<td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:7.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">1,332</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">52</font></p>    </td>
<td width="9%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">248</font></p>    </td>
<td width="11%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:11.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">7</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">-</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">6</font></p>    </td>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="1" face="Arial" style="font-size:8.0pt;">1,645</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt .2in;text-indent:-.2in;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1&nbsp;&nbsp;Includes allowance for equity funds used during construction.</font></i></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">9</font><a name="PB_9_104446_5796"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
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<br clear="all" style="page-break-before:always;">
<div>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">TOTAL ASSETS</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="bottom" style="padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">March&nbsp;31,</font></b></p>    </td>
<td width="13%" valign="bottom" style="padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">December&nbsp;31</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:71.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">2017&nbsp;</font></b><b><font size="1" face="Arial" style="font-size:6.5pt;font-weight:bold;position:relative;top:-3.0pt;">1</font></b></p>    </td>
<td width="13%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">2016</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(unaudited; millions of   Canadian dollars)</font></i></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="bottom" style="padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Liquids   Pipelines</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in 6.5pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">57,029</font></b></p>    </td>
<td width="13%" valign="bottom" style="padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">52,043</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Gas   Pipelines and Processing</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in 6.5pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">47,205</font></b></p>    </td>
<td width="13%" valign="bottom" style="padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">11,182</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Gas   Distribution</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in 6.5pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">18,975</font></b></p>    </td>
<td width="13%" valign="bottom" style="padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">10,204</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Green   Power and Transmission</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in 6.5pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">5,516</font></b></p>    </td>
<td width="13%" valign="bottom" style="padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">5,571</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="padding:0in 0in 0in 0in;width:71.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Energy   Services</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in 6.5pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">1,970</font></b></p>    </td>
<td width="13%" valign="bottom" style="padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,951</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:71.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Eliminations   and Other</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in 6.5pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">4,612</font></b></p>    </td>
<td width="13%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">4,881</font></p>    </td>   </tr>
<tr>
<td width="71%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:71.52%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="13%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in 6.5pt .0001pt 0in;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">135,307</font></b></p>    </td>
<td width="13%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:13.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">85,832</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1&nbsp;&nbsp;Excludes goodwill allocation of $35.2 billion, in connection with the Merger Transaction (Note 4).</font></i></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">4.&#160;&#160; ACQUISITIONS AND DISPOSITION</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">ACQUISITIONS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Spectra Energy Corp</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On February&nbsp;27, 2017, Enbridge and Spectra Energy Corp (Spectra Energy) combined in a stock-for-stock merger transaction (the Merger Transaction) for a purchase price of $</font><font face="Arial" style="border:none;">37.5</font><font face="Arial" style="border:none;"> billion. Under the terms of the Merger Transaction, Spectra Energy shareholders received 0.984 shares of Enbridge for each share of Spectra Energy common stock that they owned, giving Enbridge 100% ownership of Spectra Energy.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Consideration offered to complete the Merger Transaction included 691 million common shares of Enbridge at US$41.34 per share, based on the February&nbsp;24, 2017 closing price on the New York Stock Exchange, for a total value of $37,429 million in common shares issued to Spectra Energy shareholders, plus approximately $3 million in cash in lieu of any fractional shares, and 3.5 million share options with a fair value of $77 million, that were exchanged for Spectra Energy&#146;s outstanding stock compensation awards.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;">Spectra Energy, through its subsidiaries and equity affiliates, owns and operates a large and diversified portfolio of complementary natural gas-related energy assets and is one of North America&#146;s leading natural gas infrastructure companies. Spectra Energy also owns and operates a crude oil pipeline system that connects Canadian and U.S. producers to refineries in the U.S. Rocky Mountain and Midwest regions. The combination brings together two highly complementary platforms to create North America&#146;s largest energy infrastructure company and meaningfully enhances customer optionality, positioning the Company for long-term growth opportunities, and strengthening the Company&#146;s balance sheet.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Merger Transaction has been accounted for as a business combination under the acquisition method of accounting as prescribed by ASC 805 <i>Business Combinations</i>. The acquired tangible and intangible assets and assumed liabilities are recorded at their estimated fair values at the date of acquisition.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The purchase price allocation was prepared on a preliminary basis and is subject to change as additional information becomes available concerning the fair value and tax bases of the assets acquired. The allocation of goodwill to reporting units is outstanding at the date of issuance of the financial statements. Any adjustments to the purchase price allocation will be made as soon as practicable but no later than one year from the date of acquisition.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">10</font><a name="PB_10_110802_5557"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The following table summarizes the estimated fair values that were assigned to the net assets of Spectra Energy:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
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<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">February&nbsp;27,</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2017</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of   Canadian dollars)</font></i></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr>
<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Fair value of net assets acquired:</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr>
<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Current   assets (a)</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2,365</font></p>    </td>   </tr>
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<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Property,   plant and equipment, net (b)</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">34,680</font></p>    </td>   </tr>
<tr>
<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Restricted   long-term investments</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">144</font></p>    </td>   </tr>
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<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Long-term   investments (c)</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">5,000</font></p>    </td>   </tr>
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<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Deferred   amounts and other assets (d)</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2,920</font></p>    </td>   </tr>
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<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Intangible   assets (e)</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2,118</font></p>    </td>   </tr>
<tr>
<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Current   liabilities</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(3,434)</font></p>    </td>   </tr>
<tr>
<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Long-term   debt (d)</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(21,925)</font></p>    </td>   </tr>
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<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Other   long-term liabilities</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(1,983)</font></p>    </td>   </tr>
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<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Deferred   income taxes</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(8,331)</font></p>    </td>   </tr>
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<td width="90%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Noncontrolling   interests (f)</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(8,792)</font></p>    </td>   </tr>
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<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2,762</font></p>    </td>   </tr>
<tr>
<td width="90%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Goodwill   (g)</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">34,747</font></p>    </td>   </tr>
<tr>
<td width="90%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">37,509</font></p>    </td>   </tr>
<tr>
<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Purchase price:</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Common   shares</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">37,429</font></p>    </td>   </tr>
<tr>
<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Cash</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">3</font></p>    </td>   </tr>
<tr>
<td width="90%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Fair   value of outstanding earned stock compensation awards recorded in additional   paid-in capital</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">77</font></p>    </td>   </tr>
<tr>
<td width="90%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">37,509</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Arial" style="font-size:10.0pt;">a)</font><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Accounts receivable is comprised primarily of customer trade receivables and the natural gas imbalance balance. As such, the fair value of accounts receivable approximates the net carrying value of $1,174 million. The gross amount due is $1,191 million, of which $16 million is not expected to be collected, is included in current assets.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Arial" style="font-size:10.0pt;">b)</font><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Arial" style="color:black;">The Company has applied the valuation methodologies described in ASC 820, <i>Fair Value Measurements and Disclosures</i>, to value the property, plant and equipment purchased.&#160; The fair value of Spectra Energy&#146;s rate regulated property, plant and equipment is determined, using a market participant perspective, which is their carrying amount. The fair value of the remaining non-regulated property, plant and equipment is determined primarily using variations of the income approach, which is based on the present value of the future after-tax cash flows attributable to each non-regulated asset. Some of the more significant assumptions inherent in the development of the values, from the perspective of a market participant, include, but are not limited to, the amount and timing of projected future cash flows (including revenue and profitability); the discount rate selected to measure the risks inherent in the future cash flows; the assessment of the asset&#146;s life cycle; the competitive trends impacting the asset; and customer turnover.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Arial" style="font-size:10.0pt;">c)</font><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Arial" style="color:black;">Long-term investments represent Spectra Energy&#146;s 50% equity investment in DCP Midstream, L.L.C., Gulfstream Natural Gas System, L.L.C., NEXUS Gas System Transmission L.L.C., Steckman Ridge LP,&nbsp;Islander East Pipeline Company, L.L.C., Southeast Supply Header L.L.C., and 10% equity interest in Penn East Pipeline Company L.L.C. The fair value of these investments is determined using an income approach.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Arial" style="font-size:10.0pt;">d)</font><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Fair value of the long-term debt is determined based on the current underlying Government of Canada and United States Treasury interest rates on the corresponding bonds, as well as an implied credit spread based on current market conditions. The fair value adjustment to long-term</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt .5in;"><font size="2" face="Arial" style="font-size:10.0pt;">debt related to rate-regulated entities of $629 million also results in a regulatory offset in deferred amounts and other assets.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Arial" style="font-size:10.0pt;">e)</font><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">Intangible assets consist of customer relationships in the non-regulated business, which represent the underlying relationship from long term agreements with customers that are capitalized upon acquisition, determined using the income approach. Intangible assets are amortized on a straight-line basis over their expected lives.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Arial" style="font-size:10.0pt;">f)</font><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Arial">The fair value of Spectra Energy&#146;s noncontrolling interest includes approximately 78.4 million Spectra Energy Partners, LP common units outstanding to the public, valued at the February&nbsp;24, 2017 closing price of US$44.88 per common units on the New York Stock Exchange, and units held by third parties in Maritimes and Northeast Pipeline, Sabal Trail Transmission, L.L.C. and Algonquin Gas Transmission, L.L.C., valued based on the underlying net assets of each reporting unit, and preferred stock held by third parties in Union Gas Limited and Westcoast Energy Inc.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Arial" style="font-size:10.0pt;">g)</font><font size="1" face="Arial" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Arial" style="color:black;">The Company recorded </font><font face="Arial">$34.7<font color="black" style="color:black;"> billion in goodwill related to this transaction which is primarily related to expected synergies from the transaction. The goodwill balance recognized is not deductible for tax purposes. Factors that contributed to the goodwill include the opportunity to expand Enbridge&#146;s natural gas pipelines segment, the potential for cost and supply chain optimization synergies, existing assembled assets and work force that cannot be duplicated at the same cost by a new entrant, franchise rights and other intangibles not separately identifiable because they are inextricably linked to the provision of regulated utility service and the enhanced scale and geographic diversity which provide greater optionality and platforms for future growth.</font></font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Acquisition-related expenses incurred to date were approximately $203 million. Costs incurred for the three months ended March&nbsp;31, 2017 of $152 million (six months ended December&nbsp;31, 2017 - $51 million) are included in Operating and administrative expenses in the Consolidated Statements of Earnings.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">For the nine months ending December&nbsp;31, 2017 and for the years ending December&nbsp;31, 2018 through 2021, the Company has future minimum lease payment commitments for operating leases of $39 million, $51 million, $51 million, $45 million, $41 million respectively, and $201 million thereafter, as a result of the Merger Transaction.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Upon completion of the Merger Transaction, the Company began consolidating Spectra Energy.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" face="Arial" style="font-size:10.0pt;">Since the closing date through March&nbsp;31, 2017, Spectra Energy has generated approximately $736 million in revenues and $32 million in earnings.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">The following supplemental pro forma consolidated financial information of the Company for the quarters ended March&nbsp;31, 2017 and 2016 includes the results of operations for Spectra Energy as if the Merger Transaction had been completed on January&nbsp;1, 2016.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="20%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:20.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Three months ended</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
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<td width="80%" valign="top" style="padding:0in 0in 0in 0in;width:80.0%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of   Canadian dollars, except per share amounts)</font></i></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr>
<td width="80%" valign="top" style="padding:0in 0in 0in 0in;width:80.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Revenues</font></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">12,437</font></b></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">10,662</font></p>    </td>   </tr>
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<td width="80%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:80.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Earnings attributable to Enbridge   Inc. common shareholders</font><font size="1" color="black" face="Arial" style="color:black;font-size:5.0pt;position:relative;top:-3.0pt;">1</font></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">991</font></b></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">1,556</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1&nbsp;&nbsp;Merger Transaction costs of $152 million (after-tax $111 million) were excluded from earnings for the three months ended March&nbsp;31, 2017.</font></i></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">12</font><a name="PB_12_111929_2858"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-indent:.7pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Bakken Pipeline System</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On February&nbsp;15, 2017, Enbridge Energy Partners, L.P. (EEP) completed the acquisition of an effective 27.6% interest in the Bakken Pipeline System for a purchase price of $</font><font face="Arial" style="border:none;">1.96 billion (US$1.5 billion). The Bakken Pipeline System connects the prolific Bakken formation in North Dakota to markets in eastern PADD II and the United States Gulf Coast, providing customers with access to premium markets at a competitive cost.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The purchase price was allocated as follows:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">February&nbsp;15,</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt 10.0pt;text-align:right;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2017</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of   Canadian dollars)</font></i></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Fair value of net assets acquired:</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 12.95pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Current assets</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">75</font></p>    </td>   </tr>
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<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 12.95pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Property, plant and equipment</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2,107</font></p>    </td>   </tr>
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<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 12.95pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Intangible assets</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">716</font></p>    </td>   </tr>
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<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 12.95pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Goodwill</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">19</font></p>    </td>   </tr>
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<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt 12.95pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Current liabilities</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(116)</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 12.95pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Other long-term liabilities</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(838)</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">1,963</font></p>    </td>   </tr>
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<td width="90%" valign="top" style="padding:0in 0in 0in 0in;width:90.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Purchase price:</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt 20.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Cash</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.0%;">
<p align="right" style="margin:0in .05in .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">1,963</font></p>    </td>   </tr>  </table>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company&#146;s interest in the Bakken Pipeline System is accounted for under the equity method of accounting. For the three months ended March&nbsp;31, 2017, no equity earnings were recognized as the Bakken Pipeline System has not been placed into service.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company&#146;s equity investment includes the unamortized excess of the purchase price over the underlying net book value of the investees&#146; assets at the purchase date, which is comprised of $19 million in goodwill and $</font><font face="Arial" style="border:none;">1,219 million in amortizable assets included within the Liquids Pipelines segment.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Hohe See Offshore Wind Project</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Effective February&nbsp;8, 2017, Enbridge acquired an effective 50% interest in EnBW Hohe See GmbH&nbsp;&amp; Co. KG (HoHe See), a German offshore wind development company. HoHe See is co-owned by Enbridge and Energie Baden-Wurttenberg AG, a major German electric utility. Construction of the wind farm began in March&nbsp;2017 and it is expected to be fully operational in late 2019. Enbridge&#146;s portion of the costs incurred to date is approximately $415 million (</font><font face="Arial" style="border:none;">&#128;</font><font face="Arial" style="border:none;">291 million) presented in Long-term investments and included within the Green Power and Transmission segment.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">DISPOSITION</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Ozark Pipeline</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On March&nbsp;1, 2017, the Company completed the sale of the Ozark Pipeline assets to a subsidiary of MPLX LP for cash proceeds of approximately $294 million (US$219 million), including reimbursement of certain costs up to the closing date of the transaction.&#160; A gain on sale of $14 million before tax was recognized in Other income/(expense) on the Consolidated Statements of Earnings.&#160; The Ozark Pipeline assets were included within the Company&#146;s Liquids Pipelines segment.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">13</font><a name="PB_13_112331_7748"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">5.&#160;&#160; ACCOUNTS RECEIVABLE AND OTHER</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Pursuant to a Receivables Purchase Agreement (the Receivables Agreement) executed in 2013, certain trade and accrued receivables (the Receivables) have been sold by certain EEP subsidiaries to an Enbridge wholly-owned special purpose entity (SPE). The Receivables owned by the SPE are not available to Enbridge except through its 100% ownership in such SPE. The Receivables Agreement provides for purchases to occur on a monthly basis, provided accumulated purchases net of collections do not exceed US$450 million at any one point. The value of trade and accrued receivables outstanding owned by the SPE totalled US$275 million ($<font color="black" style="color:black;">366</font> million) and US$355 million ($477 million) as at March&nbsp;31, 2017 and December&nbsp;31, 2016, respectively.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On April&nbsp;28, 2017, in conjunction with the United States Sponsored Vehicle Strategy </font><font size="1" face="Arial" style="border:none;font-size:8.0pt;">(<i>Note 16</i>)</font><font face="Arial" style="border:none;">, EEP terminated the Receivables Agreement with the Enbridge wholly-owned SPE in exchange for a one-time US$5 million ($7 million) payment to EEP.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">6.&#160;&#160; VARIABLE INTEREST ENTITIES</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">In connection with the acquisition of Spectra Energy </font><i><font size="1" face="Arial" style="border:none;font-size:8.0pt;font-style:italic;">(Note 4)</font></i><font face="Arial" style="border:none;">, the Company has acquired both consolidated and unconsolidated variable interest entities (VIEs).</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">ACQUIRED CONSOLIDATED VARIABLE INTEREST ENTITIES</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Spectra Energy Partners, L.P.</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company acquired a 75% ownership in Spectra Energy Partners, L.P. (SEP) through the Merger Transaction. SEP is a natural gas and crude oil infrastructure master limited partnership and is considered a VIE as its limited partners do not have substantive kick-out rights or participating rights. The Company is the primary beneficiary because it has the power to direct SEP&#146;s activities that have a significant impact on SEP&#146;s economic performance.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Valley Crossing Pipeline, LLC</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Valley Crossing Pipeline, LLC (Valley Crossing), a wholly-owned subsidiary, is constructing a natural gas pipeline to transport natural gas within Texas. The current estimate of the total remaining construction cost is approximately $1.6 billion (US$1.2 billion). Valley Crossing is a VIE due to insufficient equity at risk to finance its activities. The Company is the primary beneficiary because it directs the activities of Valley Crossing that most significantly impact its economic performance.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Other Limited Partnerships</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">By virtue of a lack of substantive kick-out rights and participating rights, substantially all limited partnerships wholly-owned or majority owned by Enbridge and/or its subsidiaries, acquired through the Merger Transaction, are considered acquired VIEs. As these entities are wholly-owned or majority owned and directed by Enbridge with no third parties having the ability to direct any of the significant activities, the Company is considered the primary beneficiary.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The following table includes assets to be used to settle liabilities of Enbridge&#146;s acquired consolidated VIEs and liabilities of Enbridge&#146;s acquired consolidated VIEs for which creditors do not have recourse to the Company&#146;s general credit as the primary beneficiary. These acquired assets and liabilities are included in the Consolidated Statements of Financial Position.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">14</font><a name="PB_14_112349_141"></a></p>
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<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="88%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of   Canadian dollars)</font></i></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">Assets</font></b></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Cash and cash equivalents</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">720</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Accounts receivable and other</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,385</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Inventory</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">144</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2,249</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Property, plant and equipment, net</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">30,237</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Long-term investments</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,595</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Restricted long-term investments</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">103</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Deferred amounts and other assets</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,177</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Intangible assets, net</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">107</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">35,468</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">Liabilities</font></b></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Short-term borrowings</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">435</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Accounts payable and other</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,748</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Interest payable</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">105</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Current maturities of long-term   debt</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">727</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">3,015</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Long-term debt</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">13,036</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Other long-term liabilities</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,371</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Deferred income taxes</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">691</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">18,113</font></b></p>    </td>   </tr>
<tr>
<td width="88%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:88.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Net assets before noncontrolling   interests</font></p>    </td>
<td width="12%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">17,355</font></b></p>    </td>   </tr>  </table>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0pt 0pt .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">ACQUIRED UNCONSOLIDATED VARIABLE INTEREST ENTITIES</font></b></p>
<p style="border:none;margin:0pt 0pt .0001pt;text-align:justify;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The following unconsolidated VIEs are included within Long-term investments in the table above.</font></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0pt 0pt .0001pt;text-align:justify;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Nexus Gas Transmission, LLC</font></b></p>
<p style="border:none;margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">SEP owns a 50% equity investment in Nexus Gas Transmission, LLC (Nexus), a joint venture that is constructing a natural gas pipeline from Ohio to Michigan and continuing on to Ontario, Canada. Nexus is a VIE due to insufficient equity at risk to finance its activities. The Company is not the primary beneficiary since the power to direct the activities of Nexus that most significantly impact its economic performance is shared. Nexus has a carrying value of $580 million (US$435 million) at March&nbsp;31, 2017 and the Company&#146;s maximum exposure to loss is $1,358 million (US$1,019 million).</font></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0pt 0pt .0001pt;text-align:justify;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">PennEast Pipeline Company, LLC</font></b></p>
<p style="border:none;margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">SEP owns a 10% cost investment in PennEast Pipeline Company, LLC (PennEast). PennEast is constructing a natural gas pipeline from northeastern Pennsylvania to New Jersey. PennEast is a VIE due to insufficient equity at risk to finance its activities. The Company is not the primary beneficiary since it does not have the power to direct the activities of PennEast that most significantly impact its economic performance. PennEast has a carrying value of $20 million (US$15 million) and the Company&#146;s maximum exposure to loss is $183 million (US$137 million).</font></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0pt 0pt .0001pt;text-align:center;"><font face="Arial">15</font><a name="PB_15_112721_1138"></a></p>
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<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0pt 0pt .0001pt;"><b><font size="4" color="black" face="Arial" style="color:black;font-size:13.0pt;font-weight:bold;">7.&#160;&#160; DEBT</font></b></p>
<p style="margin:0pt 0pt .0001pt;text-autospace:none;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0pt 0pt .0001pt;text-autospace:none;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The following table provides details of the Company&#146;s committed credit facilities as at March&nbsp;31, 2017 and December&nbsp;31, 2016.</font></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">December&nbsp;31,</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="26%" colspan="3" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:26.78%;">
<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">March&nbsp;31,   2017</font></b></p>    </td>
<td width="1%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Maturity</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Total</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Total</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Dates</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Facilities</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Draws</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Available</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Facilities</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of   Canadian dollars)</font></i></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Enbridge Inc.</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2017-2022</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">8,416</font></b></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">5,785</font></b></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2,631</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">8,183</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Enbridge (U.S.) Inc.</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2018-2019</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">3,903</font></b></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">554</font></b></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">3,349</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">3,934</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Enbridge Energy Partners, L.P.</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2018-2020</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">3,497</font></b></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">3,119</font></b></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">378</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">3,525</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Enbridge Gas Distribution Inc.</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2018-2019</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,017</font></b></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">407</font></b></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">610</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">1,017</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Enbridge Income Fund</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2019</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,500</font></b></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">446</font></b></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,054</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">1,500</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Enbridge Pipelines (Southern   Lights) L.L.C.</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2018</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">27</font></b></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">27</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">27</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Enbridge Pipelines Inc.</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2018</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">3,000</font></b></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,138</font></b></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,862</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">3,000</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Enbridge Southern Lights LP</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2018</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">5</font></b></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">5</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">5</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Midcoast Energy Partners, L.P.</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2018</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">893</font></b></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">586</font></b></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">307</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">900</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Spectra Energy Capital, LLC</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2018-2021</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,732</font></b></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,051</font></b></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">681</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Spectra Energy Partners</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2018-2021</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">3,863</font></b></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,934</font></b></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,929</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Westcoast Energy Inc. </font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2021</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">400</font></b></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">400</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Union Gas Limited</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2021</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">700</font></b></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">435</font></b></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">265</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="47%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:47.72%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Total committed credit facilities</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">28,953</font></b></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:8.78%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">15,455</font></b></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">13,498</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:12.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">22,091</font></p>    </td>   </tr>  </table>
<p style="margin:0pt 0pt .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&#160;&#160; <i>Includes facility draws, letters of credit and commercial paper issuances that are back-stopped by the credit facility.</i></font></p>
<p style="margin:0pt 0pt .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">2</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&#160;&#160; <i>These facilities were acquired on February&nbsp;27, 2017 in conjunction with the Merger Transaction (Note 4).</i></font></p>
<p style="border:none;margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">During the three months ended March&nbsp;31, 2017, the Company established a five-year, term credit facility for $239 million (&#165;20,000 million) with a syndicate of Japanese banks.</font></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">In addition to the committed credit facilities noted above, the Company also has $566 million (December&nbsp;31, 2016 - $335 million) of uncommitted demand credit facilities, of which $171 million (December&nbsp;31, 2016 - $177 million) were unutilized as at March&nbsp;31, 2017.</font></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Credit facilities carry a weighted average standby fee of </font><font color="black" face="Arial" style="border:none;color:black;">0.2</font><font face="Arial" style="border:none;">% per annum on the unused portion and draws bear interest at market rates. Certain credit facilities serve as a back-stop to the commercial paper programs and the Company has the option to extend the facilities, which are currently set to mature from </font><font color="black" face="Arial" style="border:none;color:black;">2017</font><font face="Arial" style="border:none;"> to </font><font color="black" face="Arial" style="border:none;color:black;">2022</font><font face="Arial" style="border:none;">.</font></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">As at March&nbsp;31, 2017, commercial paper and credit facility draws, net of short-term borrowings and non-revolving credit facilities that mature within one year, of $</font><font color="black" face="Arial" style="border:none;color:black;">13,015 </font><font face="Arial" style="border:none;">million (December&nbsp;31, </font><font color="black" face="Arial" style="border:none;color:black;">2016</font><font face="Arial" style="border:none;"> - $7,344 million) are supported by the availability of long-term committed credit facilities and therefore have been classified as long-term debt.</font></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">As noted in Note 4, as a result of the Merger Transaction, the debt of the Company increased by $22,978 million on the acquisition date. Accordingly, annual debt repayment amounts have also increased. For the nine months ending December&nbsp;31, 2017 and for the years ending December&nbsp;31, 2018 through 2021, the Company&#146;s debenture, term note and non-revolving credit facility maturities are $</font><font color="black" face="Arial" style="border:none;color:black;">4,314</font><font face="Arial" style="border:none;"> million, $</font><font color="black" face="Arial" style="border:none;color:black;">4,216 </font><font face="Arial" style="border:none;">million, $</font><font color="black" face="Arial" style="border:none;color:black;">4,114 </font><font face="Arial" style="border:none;">million, $</font><font color="black" face="Arial" style="border:none;color:black;">4,082 </font><font face="Arial" style="border:none;">million, $</font><font color="black" face="Arial" style="border:none;color:black;">2,831 </font><font face="Arial" style="border:none;">million respectively, and $</font><font color="black" face="Arial" style="border:none;color:black;">33,768 </font><font face="Arial" style="border:none;">million thereafter.</font></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company&#146;s debentures and term notes bear interest at fixed rates and interest obligations for the nine months ending December&nbsp;31, 2017 and for the years ending December&nbsp;31, 2018 through 2021 are $</font><font color="black" face="Arial" style="border:none;color:black;">1,815</font><font face="Arial" style="border:none;"> million, $</font><font color="black" face="Arial" style="border:none;color:black;">2,231 </font><font face="Arial" style="border:none;">million, $</font><font color="black" face="Arial" style="border:none;color:black;">2,032 </font><font face="Arial" style="border:none;">million, $</font><font color="black" face="Arial" style="border:none;color:black;">1,835 </font><font face="Arial" style="border:none;">million and $</font><font color="black" face="Arial" style="border:none;color:black;">1,669 </font><font face="Arial" style="border:none;">million, respectively.</font></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0pt 0pt .0001pt;text-align:center;"><font face="Arial">16</font><a name="PB_16_114820_7608"></a></p>
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<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company has the ability under certain debt facilities to call and repay the obligations prior to scheduled maturities. Therefore, the actual timing of future cash repayments could be materially different than presented above.</font></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0pt 0pt .0001pt;"><b><font size="4" color="black" face="Arial" style="color:black;font-size:13.0pt;font-weight:bold;">8.&nbsp;&nbsp; SHARE CAPITAL</font></b></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0pt 0pt .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">COMMON SHARES</font></b></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="margin:0pt 0pt .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Number</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Number</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">of Shares</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Amount</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">of Shares</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Amount</font></p>    </td>   </tr>
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<td width="58%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:58.5%;">
<p style="margin:0pt 0pt .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of   Canadian dollars; number of common shares in millions)</font></i></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="58%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:58.5%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Balance at beginning of period</font></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">943</font></b></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 2.15pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">10,492</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">868</font></p>    </td>
<td width="10%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">7,391</font></p>    </td>   </tr>
<tr>
<td width="58%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:58.5%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Common shares issued</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 2.15pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">56</font></p>    </td>
<td width="10%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2,241</font></p>    </td>   </tr>
<tr>
<td width="58%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:58.5%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Common shares issued in Merger   Transaction</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">691</font></b></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 2.15pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">37,428</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>
<td width="10%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>   </tr>
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<td width="58%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:58.5%;">
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Dividend Reinvestment and Share   Purchase Plan</font></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">4</font></b></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 2.15pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">194</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">4</font></p>    </td>
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<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">184</font></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Shares issued on exercise of stock   options</font></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1</font></b></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 2.15pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">33</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">1</font></p>    </td>
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<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">12</font></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,639</font></b></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 2.15pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">48,147</font></b></p>    </td>
<td width="1%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p style="margin:0pt 0pt .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">929</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">9,828</font></p>    </td>   </tr>  </table>
<p style="margin:0pt 0pt .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&#160;&#160;&#160; <i>2016 - Gross proceeds $2,300 million; net issuance costs $59 million.</i></font></p>
<p style="margin:0pt 0pt .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">2</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&#160;&#160;&#160; <i>Common shares valued at $37,429 million were issued in the Merger Transaction (Note 4); net issuance costs were $1 million.</i></font></p>
<p style="border:none;margin:0pt 0pt .0001pt;text-align:justify;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0pt 0pt .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">EARNINGS PER COMMON SHARE</font></b></p>
<p style="border:none;margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Earnings per common share is calculated by dividing earnings attributable to common shareholders by the weighted average number of common shares outstanding. The weighted average number of common shares outstanding has been reduced by the Company&#146;s pro-rata weighted average interest in its own common shares of 13 million (2016 - 12 million) for the three months ended March&nbsp;31, 2017, resulting from the Company&#146;s reciprocal investment in Noverco Inc.</font></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The treasury stock method is used to determine the dilutive impact of stock options. This method assumes any proceeds from the exercise of stock options would be used to purchase common shares at the average market price during the period.</font></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Three months ended</font></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
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<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(number of   common shares in millions)</font></i></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Weighted average shares   outstanding</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,177</font></b></p>    </td>
<td width="10%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">876</font></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Effect of dilutive options</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">10</font></b></p>    </td>
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<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">6</font></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Diluted weighted average shares   outstanding</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:1.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1,187</font></b></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:10.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">882</font></p>    </td>   </tr>  </table>
<p style="border:none;margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">For the three months ended March&nbsp;31, 2017, 13,545,193 anti-dilutive stock options (2016 - 20,150,772) with a weighted average exercise price of $57.71 (2016 - $49.62) were excluded from the diluted earnings per common share calculation.</font></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0pt 0pt .0001pt;text-align:center;"><font face="Arial">17</font><a name="PB_17_115634_8146"></a></p>
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<p style="margin:0pt 0pt .0001pt;"><b><font size="4" color="black" face="Arial" style="color:black;font-size:13.0pt;font-weight:bold;">9.&#160;&#160; COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME</font></b></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Changes in Accumulated other comprehensive income/(loss) (AOCI) attributable to Enbridge Inc. common shareholders for the three months ended March&nbsp;31, 2017 and 2016 are as follows:</font></p>
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<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Pension and</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Net</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Cumulative</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">OPEB</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Cash Flow</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Investment</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Translation</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Equity</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Amortization</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Hedges</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Hedges</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Adjustment</font></p>    </td>
<td width="7%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Investees</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Adjustment</font></p>    </td>
<td width="6%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Total</font></p>    </td>   </tr>
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<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of   Canadian dollars)</font></i></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="6%" valign="top" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Balance at   January&nbsp;1, 2017</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(746)</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(629)</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">2,700</font></b></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">37</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(304)</font></b></p>    </td>
<td width="6%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">1,058</font></b></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Other   comprehensive income/(loss) retained in AOCI</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(1)</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">50</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">293</font></b></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">5</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="6%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">347</font></b></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt 10.0pt;text-indent:-10.0pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Other comprehensive (income)/loss reclassified to earnings</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="6%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt 28.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Interest rate contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">31</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="6%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">31</font></b></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt 28.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Commodity contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(2)</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="6%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(2)</font></b></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt 28.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Foreign exchange contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">3</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="6%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.9pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt 28.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Other contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">4</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">9</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="6%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">9</font></b></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt 28.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Amortization of pension and OPEB actuarial loss and prior   service cost</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">5</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">6</font></b></p>    </td>
<td width="6%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">6</font></b></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">37</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">50</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">293</font></b></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">5</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">6</font></b></p>    </td>
<td width="6%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">391</font></b></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Tax impact</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="6%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Income tax on amounts retained in AOCI</font></p>    </td>
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<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(1)</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(1)</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">1</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="6%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(1)</font></b></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt 20.0pt;text-indent:-10.0pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Income tax on amounts reclassified to earnings</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(8)</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(2)</font></b></p>    </td>
<td width="6%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(10)</font></b></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(9)</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(1)</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">1</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(2)</font></b></p>    </td>
<td width="6%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(11)</font></b></p>    </td>   </tr>
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<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Balance at   March&nbsp;31, 2017</font></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(718)</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(580)</font></b></p>    </td>
<td width="8%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">2,993</font></b></p>    </td>
<td width="7%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">43</font></b></p>    </td>
<td width="9%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(300)</font></b></p>    </td>
<td width="6%" valign="bottom" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">1,438</font></b></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&nbsp;</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Pension and</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Net</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Cumulative</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">OPEB</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Cash Flow</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Investment</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Translation</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Equity</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Amortization</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Hedges</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Hedges</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Adjustment</font></p>    </td>
<td width="7%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Investees</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Adjustment</font></p>    </td>
<td width="6%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Total</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of   Canadian dollars)</font></i></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Balance at   January&nbsp;1, 2016</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(688)</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(795)</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">3,365</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">37</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(287)</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">1,632</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Other   comprehensive income/(loss) retained in AOCI</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(459)</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">409</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(1,314)</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(8)</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(1,372)</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt 10.0pt;text-indent:-10.0pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Other comprehensive (income)/loss reclassified to earnings</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt 28.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Interest rate contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">29</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">29</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt 28.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Commodity contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(3)</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(3)</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt 28.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Foreign exchange contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">3</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">2</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">2</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt 28.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Other contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">4</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(26)</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(26)</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt 28.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Amortization of pension and OPEB actuarial loss and prior   service cost</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">5</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="7%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">3</font></p>    </td>
<td width="6%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">3</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(457)</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">409</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(1,314)</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(8)</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">3</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(1,367)</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Tax impact</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt 28.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Income tax on amounts retained in AOCI</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">118</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(15)</font></p>    </td>
<td width="8%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="7%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">6</font></p>    </td>
<td width="9%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="6%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">109</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt 28.1pt;text-indent:-10.1pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Income tax on amounts reclassified to earnings</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(7)</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="7%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(1)</font></p>    </td>
<td width="6%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(8)</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">111</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(15)</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="7%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">6</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(1)</font></p>    </td>
<td width="6%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">101</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:50.02%;">
<p style="margin:0pt 0pt .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Balance at   March&nbsp;31, 2016</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:9.0%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(1,034)</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(401)</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:8.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">2,051</font></p>    </td>
<td width="7%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:7.5%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">35</font></p>    </td>
<td width="9%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:9.5%;">
<p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(285)</font></p>    </td>
<td width="6%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0pt 0pt 0pt 0pt;width:6.98%;">
<p align="right" style="margin:0pt 3.6pt .0001pt 0pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">366</font></p>    </td>   </tr>  </table>
<p style="margin:0pt 0pt .0001pt 18.0pt;text-indent:-18.0pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">1</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">Reported within Interest expense in the Consolidated Statements of Earnings.</font></i></p>
<p style="margin:0pt 0pt .0001pt 18.0pt;text-indent:-18.0pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">2</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">Reported within Commodity costs in the Consolidated Statements of Earnings.</font></i></p>
<p style="margin:0pt 0pt .0001pt 18.0pt;text-indent:-18.0pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">3</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">Reported within Other income in the Consolidated Statements of Earnings.</font></i></p>
<p style="margin:0pt 0pt .0001pt 18.0pt;text-indent:-18.0pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">4</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">Reported within Operating and administrative expense in the Consolidated Statements of Earnings.</font></i></p>
<p style="margin:0pt 0pt .0001pt 18.0pt;text-indent:-18.0pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">5</font></i><font size="1" color="black" face="Arial" style="color:black;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">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.</font></i></p>
<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0pt 0pt .0001pt;text-align:center;"><font face="Arial">18</font><a name="PB_18_120542_7091"></a></p>
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<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">10.&#160;&#160; RISK MANAGEMENT AND FINANCIAL INSTRUMENTS</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">MARKET RISK</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company&#146;s earnings, cash flows and other comprehensive income (OCI) are subject to movements in foreign exchange rates, interest rates, commodity prices and the Company&#146;s share price (collectively, market risk). Formal risk management policies, processes and systems have been designed to mitigate these risks.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The following summarizes the types of market risks to which the Company is exposed and the risk management instruments used to mitigate them. The Company uses a combination of qualifying and non-qualifying derivative instruments to manage the risks noted below.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Foreign Exchange Risk</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company generates certain revenues, incurs expenses, and holds a number of investments and subsidiaries that are denominated in currencies other than Canadian dollars. As a result, the Company&#146;s earnings, cash flows and OCI are exposed to fluctuations resulting from foreign exchange rate variability.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company has implemented a policy whereby, at a minimum, it hedges a level of foreign currency denominated earnings exposures over a five year forecast horizon. A combination of qualifying and non-qualifying derivative instruments is used to hedge anticipated foreign currency denominated revenues and expenses, and to manage variability in cash flows. The Company hedges certain net investments in United States dollar denominated investments and subsidiaries using foreign currency derivatives and United States dollar denominated debt.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Interest Rate Risk</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company&#146;s earnings and cash flows are exposed to short term interest rate variability due to the regular repricing of its variable rate debt, primarily commercial paper. Pay fixed-receive floating and pay floating-receive fixed interest rate swaps and options are used to hedge against the effect of future interest rate movements. The Company has implemented a program to significantly mitigate the impact of short-term interest rate volatility on interest expense via execution of floating to fixed interest rate swaps with an average swap rate of 2.4% and fixed to floating interest rate swaps with an average swap rate of 2.1%.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company&#146;s earnings and cash flows are also exposed to variability in longer term interest rates ahead of anticipated fixed rate debt issuances. Forward starting interest rate swaps are used to hedge against the effect of future interest rate movements. The Company has implemented a program to significantly mitigate its exposure to long-term interest rate variability on select forecast term debt issuances via execution of floating to fixed interest rate swaps with an average swap rate of 3.7%.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company also monitors its debt portfolio mix of fixed and variable rate debt instruments to maintain a consolidated portfolio of debt within its Board of Directors approved policy limit of a maximum of 25% floating rate debt as a percentage of total debt outstanding. The Company primarily uses qualifying derivative instruments to manage interest rate risk.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Commodity Price Risk</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company&#146;s earnings and cash flows are exposed to changes in commodity prices as a result of its ownership interest in certain assets and investments, as well as through the activities of its energy services subsidiaries. These commodities include natural gas, crude oil, power and natural gas liquids (NGL). The Company employs financial derivative instruments to fix a portion of the variable price exposures that arise from physical transactions involving these commodities. The Company uses primarily non-qualifying derivative instruments to manage commodity price risk.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Emission Allowance Price Risk</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Emission allowance price risk is the risk of gain or loss due to changes in the market price of emission allowances that the gas distribution business of the Company is required to purchase for itself and most of its customers to meet greenhouse gas compliance obligations. Similar to the gas supply procurement framework, the Ontario Energy Board&#146;s (OEB) framework for emission allowance procurement allows recovery of fluctuations in emission allowance prices in customer rates, subject to OEB approval.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">19</font><a name="PB_19_113857_7783"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Equity Price Risk</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Equity price risk is the risk of earnings fluctuations due to changes in the Company&#146;s share price. The Company has exposure to its own common share price through the issuance of various forms of stock-based compensation, which affect earnings through revaluation of the outstanding units every period. The </font><font face="Arial" style="border:none;">Company uses equity derivatives to manage the earnings volatility derived from one form of stock-based compensation, restricted stock units. The Company uses a combination of qualifying and non-qualifying derivative instruments to manage equity price risk.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">TOTAL DERIVATIVE INSTRUMENTS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The following table summarizes the Consolidated Statements of Financial Position location and carrying value of the Company&#146;s derivative instruments.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company generally has a policy of entering into individual International Swaps and Derivatives Association,&nbsp;Inc. (ISDA) agreements, or other similar derivative agreements, with the majority of its derivative counterparties. These agreements provide for the net settlement of derivative instruments outstanding with specific counterparties in the event of bankruptcy or other significant credit event, and would reduce the Company&#146;s credit risk exposure on derivative asset positions outstanding with the counterparties in these particular circumstances. The following table also summarizes the maximum potential settlement in the event of these specific circumstances. All amounts are presented gross in the Consolidated Statements of Financial Position.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
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<td width="2%" nowrap height="12" valign="bottom" style="height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="24%" nowrap height="12" valign="bottom" style="height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Derivative</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Derivative</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Derivative</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="12" valign="bottom" style="height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="24%" nowrap height="12" valign="bottom" style="height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Instruments</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Instruments</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Instruments</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Non-</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Total Gross</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="12" valign="bottom" style="height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="24%" nowrap height="12" valign="bottom" style="height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Used as</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Used as Net </font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Used as </font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Qualifying</font></p>    </td>
<td width="11%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Derivative</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Amounts</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Total Net</font></p>    </td>   </tr>
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<td width="2%" nowrap height="12" valign="bottom" style="height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="24%" nowrap height="12" valign="bottom" style="height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Cash Flow</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Investment</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Fair Value</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Derivative</font></p>    </td>
<td width="11%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Instruments</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Available</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Derivative</font></p>    </td>   </tr>
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<td width="27%" colspan="2" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:27.2%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">March&nbsp;31, 2017</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Hedges</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Hedges</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Hedges</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Instruments</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">as Presented</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">&nbsp;for Offset</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Instruments</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">(millions of   Canadian dollars)</font></i></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Accounts receivable and other</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign exchange contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">98</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">3</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">5</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">106</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(104)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">2</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="24%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Interest rate contracts</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">4</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">4</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(4)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="24%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Commodity contracts</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">11</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">229</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">240</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(61)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">179</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="24%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">113</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">3</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">234</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">350</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(169)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">181</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Deferred amounts and other assets</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="24%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign exchange contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">9</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">2</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">67</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">78</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(78)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="24%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Interest rate contracts</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">7</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">12</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">19</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(5)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">14</font></b></p>    </td>   </tr>
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<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="24%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Commodity contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">26</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">48</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">74</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(34)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">40</font></b></p>    </td>   </tr>
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<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="24%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Other contracts</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">1</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">1</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">2</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">2</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="24%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">43</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">2</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">12</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">116</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">173</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(117)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">56</font></b></p>    </td>   </tr>
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<td width="27%" colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:27.2%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Accounts payable and other</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign exchange contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(5)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(290)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(680)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(975)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">104</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(871)</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Interest rate contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(442)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(144)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(586)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">4</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(582)</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Commodity contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(194)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(194)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">61</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(133)</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Other contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(1)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(3)</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(4)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(4)</font></b></p>    </td>   </tr>
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<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="24%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(448)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(290)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(1,021)</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(1,759)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">169</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(1,590)</font></b></p>    </td>   </tr>
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<td width="27%" colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:27.2%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Other long-term liabilities</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign exchange contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(1)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(37)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(1,733)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(1,771)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">78</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(1,693)</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Interest rate contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(275)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(1)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(210)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(486)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">5</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(481)</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Commodity contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(197)</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(197)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">34</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(163)</font></b></p>    </td>   </tr>
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<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="24%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(276)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(37)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(1)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(2,140)</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(2,454)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">117</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(2,337)</font></b></p>    </td>   </tr>
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<td width="27%" colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:27.2%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Total net derivative asset/(liability)</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="24%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign exchange contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">101</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(322)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(2,341)</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(2,562)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(2,562)</font></b></p>    </td>   </tr>
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<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="24%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Interest rate contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(706)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">11</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(354)</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(1,049)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(1,049)</font></b></p>    </td>   </tr>
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<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="24%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Commodity contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">37</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(114)</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(77)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(77)</font></b></p>    </td>   </tr>
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<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="24%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Other contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(2)</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(2)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(2)</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="24%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:24.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(568)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(322)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">11</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(2,811)</font></b></p>    </td>
<td width="11%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:11.36%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(3,690)</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.24%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(3,690)</font></b></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">20</font><a name="PB_20_114555_7056"></a></p>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Derivative</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Derivative</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Instruments</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Instruments</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Non-</font></p>    </td>
<td width="12%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Total Gross</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="2%" nowrap height="12" valign="bottom" style="height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="12" valign="bottom" style="height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Used as</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Used as Net </font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Qualifying</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Derivative</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Amounts</font></p>    </td>
<td width="0%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Total Net</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="12" valign="bottom" style="height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" nowrap height="12" valign="bottom" style="height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="12" valign="bottom" style="height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Cash Flow</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Investment</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Derivative</font></p>    </td>
<td width="12%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Instruments</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Available</font></p>    </td>
<td width="0%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Derivative</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="32%" colspan="2" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:32.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">December&nbsp;31, 2016</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Hedges</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Hedges</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Instruments</font></p>    </td>
<td width="12%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">as Presented</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">&nbsp;for Offset</font></p>    </td>
<td width="0%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Instruments</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="32%" colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:32.8%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">(millions of Canadian   dollars)</font></i></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="32%" colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:32.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Accounts receivable and other</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign exchange contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">101</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">3</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">5</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">109</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(103)</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">6</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Interest rate contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">3</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">3</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(3)</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Commodity contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">9</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">232</font></p>    </td>
<td width="12%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">241</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(125)</font></p>    </td>
<td width="0%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">116</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">113</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">3</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">237</font></p>    </td>
<td width="12%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">353</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(231)</font></p>    </td>
<td width="0%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">122</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="32%" colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:32.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Deferred amounts and other assets</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign exchange contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">1</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">3</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">69</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">73</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(72)</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">1</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Interest rate contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">8</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">8</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(6)</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">2</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Commodity contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">7</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">61</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">68</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(22)</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">46</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Other contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">1</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">1</font></p>    </td>
<td width="12%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">2</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="0%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">2</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">17</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">3</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">131</font></p>    </td>
<td width="12%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">151</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(100)</font></p>    </td>
<td width="0%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">51</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="32%" colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:32.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Accounts payable and other</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign exchange contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(268)</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(727)</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(995)</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">103</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(892)</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Interest rate contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(452)</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(131)</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(583)</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">3</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(580)</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Commodity contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(359)</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(359)</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">125</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(234)</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Other contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(1)</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(3)</font></p>    </td>
<td width="12%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(4)</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="0%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(4)</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(453)</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(268)</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(1,220)</font></p>    </td>
<td width="12%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(1,941)</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">231</font></p>    </td>
<td width="0%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(1,710)</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="32%" colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:32.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Other long-term liabilities</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign exchange contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(68)</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(1,961)</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(2,029)</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">72</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(1,957)</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Interest rate contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(268)</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(205)</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(473)</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">6</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(467)</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Commodity contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(211)</font></p>    </td>
<td width="12%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(211)</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">22</font></p>    </td>
<td width="0%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(189)</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(268)</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(68)</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(2,377)</font></p>    </td>
<td width="12%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(2,713)</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">100</font></p>    </td>
<td width="0%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">2,613</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="32%" colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:32.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Total net derivative asset/(liability)</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign exchange contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">102</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(330)</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(2,614)</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(2,842)</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(2,842)</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Interest rate contracts</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(709)</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(336)</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(1,045)</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(1,045)</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Commodity contracts</font></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">16</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(277)</font></p>    </td>
<td width="12%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(261)</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="0%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(261)</font></p>    </td>   </tr>
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<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Other contracts</font></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(2)</font></p>    </td>
<td width="12%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(2)</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="0%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(2)</font></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="30%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:30.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(591)</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(330)</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(3,229)</font></p>    </td>
<td width="12%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(4,150)</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">-</font></p>    </td>
<td width="0%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:.8%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="12" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">(4,150)</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The following table summarizes the maturity and notional principal or quantity outstanding related to the Company&#146;s derivative instruments.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
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<td width="40%" nowrap colspan="2" height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:40.0%;">
<p style="margin:0in 0in .0001pt;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">March&nbsp;31,   2017</font></b></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">2017</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">2018</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">2019</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">2020</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">2021</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Thereafter</font></p>    </td>   </tr>
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<td width="40%" nowrap colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:40.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign   exchange contracts - United States dollar</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="37%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:37.6%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">forwards -   purchase <i>(millions of United States</i></font></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="37%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:37.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">dollars)</font></i></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">1,069</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">2</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">2</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">2</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign   exchange contracts - United States dollar</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">forwards -   sell <i>(millions of United States dollars)</i></font></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">3,911</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">2,770</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">2,945</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">2,723</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">567</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">224</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign   exchange contracts - GBP forwards -</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">purchase <i>(millions of GBP)</i></font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">89</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">6</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign   exchange contracts - GBP forwards - sell</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="37%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:37.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">(millions of   GBP)</font></i></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">89</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">25</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">27</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">144</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign   exchange contracts - Euro forwards - </font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="37%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:37.6%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">purchase <i>(millions of Euro)</i></font></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">149</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">256</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">340</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="40%" nowrap colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:40.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign   exchange contracts - Euro forwards - sell</font></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="37%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:37.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">(millions of   Euro)</font></i></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">35</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">152</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">952</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="40%" nowrap colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:40.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Foreign   exchange contracts - Japanese yen</font></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="37%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:37.6%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">forwards -   purchase <i>(millions of yen)</i></font></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">32,662</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">20,000</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="40%" nowrap colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:40.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Interest rate   contracts - short-term pay fixed rate</font></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="37%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:37.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">(millions of   Canadian dollars)</font></i></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">4,828</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">5,137</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">1,571</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">152</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">100</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">299</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="40%" nowrap colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:40.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Interest rate   contracts - long-term receive fixed rate</font></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="37%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:37.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">(millions of   Canadian dollars)</font></i></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">1,390</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">1,302</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">900</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">671</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">345</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">320</font></b></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="40%" nowrap colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:40.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Interest rate   contracts - long-term debt pay fixed rate</font></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="37%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:37.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">(millions of   Canadian dollars)</font></i></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">3,982</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">2,736</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">767</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>   </tr>
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<td width="40%" nowrap colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:40.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Equity   contracts <i>(millions of Canadian dollars)</i></font></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">48</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">40</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Commodity   contracts - natural gas <i>(billions of cubic</i></font></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="37%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:37.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">feet)</font></i></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(111)</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(26)</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">20</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>   </tr>
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<td width="40%" nowrap colspan="2" height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:40.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Commodity   contracts - crude oil <i>(millions of barrels)</i></font></p>    </td>
<td width="2%" nowrap height="12" bgcolor="white" style="background:white;height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">4</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(9)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Commodity   contracts - NGL <i>(millions of barrels)</i></font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(3)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(8)</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">-</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;">Commodity   contracts - power <i>(megawatt hours</i></font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="37%" nowrap height="12" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:37.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">(MWH))</font></i></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">42</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">30</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">31</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 2.25pt 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">35</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(3)</font></b></p>    </td>
<td width="9%" nowrap height="12" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.0pt;padding:0in 0in 0in 0in;width:9.6%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-weight:bold;">(43)</font></b></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">21</font><a name="PB_21_114754_5335"></a></p>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">December&nbsp;31, 2016</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">2018</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">2019</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">2020</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">2021</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">Thereafter</font></p>    </td>
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<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">Foreign   exchange contracts - United States dollar</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt 20.2pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">forwards   - purchase <i>(millions of United States</i></font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 20.2pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:7.5pt;font-style:italic;">dollars)</font></i></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">991</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">2</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">2</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">2</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">Foreign   exchange contracts - United States dollar</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 20.2pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">forwards   - sell <i>(millions of United States dollars)</i></font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">4,369</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">2,768</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">2,943</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">2,722</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">566</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">223</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">Foreign   exchange contracts - GBP forwards -</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 20.2pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">purchase<i> (millions of GBP)</i></font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">91</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">6</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">Foreign   exchange contracts - GBP forwards - sell</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 20.2pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:7.5pt;font-style:italic;">(millions of GBP)</font></i></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">89</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">25</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">27</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">144</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">Foreign   exchange contracts - Japanese yen</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 20.2pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">forwards   - purchase (<i>millions of yen</i>)</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">32,662</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">Interest   rate contracts - short-term pay fixed rate</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 20.2pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:7.5pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">6,713</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">5,161</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">1,581</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">153</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">100</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">300</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">Interest   rate contracts - long-term pay fixed rate</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 20.2pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:7.5pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">3,998</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">2,743</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">768</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">Equity   contracts <i>(millions of Canadian dollars)</i></font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">48</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">40</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">Commodity   contracts - natural gas <i>(billions of cubic</i></font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 20.2pt;text-indent:-10.1pt;"><i><font size="1" face="Arial" style="font-size:7.5pt;font-style:italic;">feet)</font></i></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">(93</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:7.5pt;">)</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">(42</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:7.5pt;">)</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">(17</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:7.5pt;">)</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">(9</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:7.5pt;">)</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">Commodity   contracts - crude oil <i>(millions of barrels)</i></font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">(11</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:7.5pt;">)</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">(9</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:7.5pt;">)</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">Commodity   contracts - NGL <i>(millions of barrels)</i></font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">(8</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:7.5pt;">)</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">(6</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:7.5pt;">)</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">-</font></p>    </td>
<td width="1%" valign="bottom" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="36%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:36.0%;">
<p style="margin:0in 0in .0001pt 10.1pt;text-indent:-10.1pt;"><font size="1" face="Arial" style="font-size:7.5pt;">Commodity   contracts - power <i>(MWH)</i></font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">40</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">30</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">31</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">35</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">(3</font></p>    </td>
<td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:7.5pt;">)</font></p>    </td>
<td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" face="Arial" style="font-size:7.5pt;">(43</font></p>    </td>
<td width="1%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:7.5pt;">)</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">The Effect of Derivative Instruments on the Consolidated Statements of Earnings and Comprehensive Income</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The following table presents the effect of cash flow hedges and net investment hedges on the Company&#146;s consolidated earnings and consolidated comprehensive income, before the effect of income taxes.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="74%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="20%" nowrap colspan="2" height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:20.8%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Three months ended</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="74%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="20%" nowrap colspan="2" height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:20.8%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="2%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="74%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="10%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="79%" nowrap colspan="3" height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:79.2%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of   Canadian dollars)</font></i></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="79%" nowrap colspan="3" height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:79.2%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Amount of unrealized gains/(loss)   recognized in OCI</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="76%" nowrap colspan="2" height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:76.8%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Cash flow hedges</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="2%" nowrap height="16" valign="bottom" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="74%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Foreign exchange contracts</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">(2)</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(35)</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="16" valign="bottom" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="74%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Interest rate contracts</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">(14)</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(576)</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="16" valign="bottom" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="74%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Commodity contracts</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">21</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">16</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="16" valign="bottom" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="74%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Other contracts</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">(9)</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">31</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" valign="bottom" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="76%" nowrap colspan="2" height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:76.8%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Net investment hedges</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="74%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Foreign exchange contracts</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">8</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">84</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="74%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">4</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(480)</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="79%" colspan="3" height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:79.2%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Amount of (gains)/loss   reclassified from AOCI to earnings</font><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;"> (effective   portion)</font></i></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><i><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="74%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Foreign exchange contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">3</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="74%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Interest rate contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">48</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(21)</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="74%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Commodity contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">3</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">(2)</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(8)</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="74%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Other contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">4</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">9</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(26)</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="74%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">56</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(52)</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="79%" colspan="3" height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:79.2%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Amount of (gains)/loss   reclassified from AOCI to earnings</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><i><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="76%" nowrap colspan="2" height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:76.8%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(ineffective   portion and amount excluded from effectiveness testing)</font></i></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><i><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="74%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Interest rate contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">26</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.5pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.5pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="74%" nowrap height="16" style="border:none;border-bottom:solid windowtext 1.5pt;height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">26</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" nowrap height="13" valign="top" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i></p>    </td>
<td width="97%" colspan="4" height="13" valign="top" style="height:9.75pt;padding:0in 0in 0in 0in;width:97.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Reported   within Transportation and other services revenues and Other income in the   Consolidated Statements of Earnings.</font></i></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" nowrap height="13" valign="top" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">2</font></i></p>    </td>
<td width="97%" colspan="4" height="13" valign="top" style="height:9.75pt;padding:0in 0in 0in 0in;width:97.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Reported   within Interest expense in the Consolidated Statements of Earnings.</font></i></p>    </td>   </tr>
<tr height="18" style="height:13.5pt;page-break-inside:avoid;">
<td width="2%" nowrap height="18" valign="top" style="height:13.5pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">3</font></i></p>    </td>
<td width="97%" colspan="4" height="18" valign="top" style="height:13.5pt;padding:0in 0in 0in 0in;width:97.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Reported   within Transportation and other services revenues, Commodity sales revenues, Commodity   costs and Operating and administrative expense in the Consolidated Statements   of Earnings.</font></i></p>    </td>   </tr>
<tr height="12" style="height:9.0pt;page-break-inside:avoid;">
<td width="2%" nowrap height="12" valign="top" style="height:9.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">4</font></i></p>    </td>
<td width="97%" colspan="4" height="12" valign="top" style="height:9.0pt;padding:0in 0in 0in 0in;width:97.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Reported   within Operating and administrative expense in the Consolidated Statements of   Earnings.</font></i></p>    </td>   </tr>  </table>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company estimates that a gain of $19 million of AOCI related to cash flow hedges will be reclassified to earnings in the next 12 months. Actual amounts reclassified to earnings depend on the foreign exchange rates, interest rates and commodity prices in effect when derivative contracts that are currently outstanding mature. For all forecasted transactions, the maximum term over which the Company is hedging exposures to the variability of cash flows is 33 months as at March&nbsp;31, 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">22</font><a name="PB_22_114859_5796"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Fair Value Derivatives</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">For interest rate derivative instruments that are designated and qualify as fair value hedges, the gain or loss on the derivative as well as the offsetting loss or gain on the hedged item attributable to the hedged risk is included in Interest expense on the Consolidated Statements of Earnings. During the three months ended March&nbsp;31, 2017, the Company recognized an unrealized loss of $2 million (2016 - nil) on the derivative and an unrealized gain of $2 million (2016 - nil) on the hedged item in net income. The difference in the amounts, if any, represents hedge ineffectiveness.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">Non-Qualifying Derivatives</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The following table presents the unrealized gains and losses associated with changes in the fair value of the Company&#146;s non-qualifying derivatives.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
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<td width="2%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="2%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="74%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="20%" nowrap colspan="2" height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:20.8%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Three months ended</font></p>    </td>   </tr>
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<td width="2%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="2%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="74%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="20%" nowrap colspan="2" height="16" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:20.8%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
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<td width="2%" nowrap height="16" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="2%" nowrap height="16" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="74%" nowrap height="16" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:74.4%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="79%" nowrap colspan="3" height="16" bgcolor="white" style="background:white;border:none;border-bottom:none black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:79.2%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of   Canadian dollars)</font></i></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="79%" nowrap colspan="3" height="16" style="border:none;border-bottom:none black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:79.2%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Foreign exchange contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:5.0pt;position:relative;top:-5.0pt;">1</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">273</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">1,016</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="79%" nowrap colspan="3" height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:79.2%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Interest rate contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:5.0pt;position:relative;top:-5.0pt;">2</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">(18)</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">4</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="79%" nowrap colspan="3" height="16" style="height:12.0pt;padding:0in 0in 0in 0in;width:79.2%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Commodity contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:5.0pt;position:relative;top:-5.0pt;">3</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">163</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(184)</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="79%" nowrap colspan="3" height="16" style="border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;width:79.2%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Other contracts</font><font size="1" color="black" face="Arial" style="color:black;font-size:5.0pt;position:relative;top:-5.0pt;">4</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">6</font></p>    </td>   </tr>
<tr height="16" style="height:12.0pt;page-break-inside:avoid;">
<td width="79%" nowrap colspan="3" height="16" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;height:12.0pt;padding:0in 0in 0in 0in;width:79.2%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Total unrealized derivative fair   value gain/(loss), net</font></p>    </td>
<td width="10%" nowrap height="16" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">418</font></b></p>    </td>
<td width="10%" nowrap height="16" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;height:12.0pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">842</font></p>    </td>   </tr>
<tr height="15" style="height:11.25pt;page-break-inside:avoid;">
<td width="2%" height="15" valign="top" style="height:11.25pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i></p>    </td>
<td width="97%" colspan="4" height="15" valign="top" style="height:11.25pt;padding:0in 0in 0in 0in;width:97.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Reported   within Transportation and other services revenues (2017 - $159 million gain;   2016 - $582 million gain) and Other income/(expense) (2017 - $114 million   gain; 2016 - $434 million gain) in the Consolidated Statements of Earnings.</font></i></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" valign="top" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">2</font></i></p>    </td>
<td width="97%" colspan="4" height="13" valign="top" style="height:9.75pt;padding:0in 0in 0in 0in;width:97.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Reported   within Interest expense in the Consolidated Statements of Earnings.</font></i></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" valign="top" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">3</font></i></p>    </td>
<td width="97%" colspan="4" height="13" valign="top" style="height:9.75pt;padding:0in 0in 0in 0in;width:97.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Reported   within Transportation and other services revenues (2017 - $22 million loss;   2016 - $39 million gain), Commodity sales (2017 - $187 million gain; 2016 -   $285 million loss), Commodity costs (2017 - $5 million gain; 2016 - $76   million gain) and Operating and administrative expense (2017 - $7 million   loss; 2016 - 14 million loss) in the Consolidated Statements of Earnings.</font></i></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" valign="top" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">4</font></i></p>    </td>
<td width="97%" colspan="4" height="13" valign="top" style="height:9.75pt;padding:0in 0in 0in 0in;width:97.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Reported within   Operating and administrative expense in the Consolidated Statements of   Earnings.</font></i></p>    </td>   </tr>  </table>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">LIQUIDITY RISK</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Liquidity risk is the risk that the Company will not be able to meet its financial obligations, including commitments and guarantees, as they become due. In order to mitigate this risk, the Company forecasts cash requirements over a 12 month rolling time period to determine whether sufficient funds will be available and maintains substantial capacity under its committed bank lines of credit to address any contingencies. The Company&#146;s primary sources of liquidity and capital resources are funds generated from operations, the issuance of commercial paper and draws under committed credit facilities and long-term debt, which includes debentures and medium-term notes. The Company also maintains current shelf prospectuses with securities regulators, which enables, subject to market conditions, ready access to either the Canadian or United States public capital markets. In addition, the Company maintains sufficient liquidity through committed credit facilities with a diversified group of banks and institutions which, if necessary, enables the Company to fund all anticipated requirements for approximately one year without accessing the capital markets. The Company is deemed to be in compliance with all the terms and conditions of its committed credit facilities as at </font><font face="Arial" style="border:none;">March&nbsp;31, 2017. </font><font face="Arial" style="border:none;">As a result, all credit facilities are available to the Company and the banks are obligated to fund and have been funding the Company under the terms of the facilities.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">CREDIT RISK</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Entering into derivative financial instruments may result in exposure to credit risk. Credit risk arises from the possibility that a counterparty will default on its contractual obligations. In order to mitigate this risk, the Company enters into risk management transactions primarily with institutions that possess investment grade credit ratings. Credit risk relating to derivative counterparties is mitigated by credit exposure limits and contractual requirements, netting arrangements, and ongoing monitoring of counterparty credit exposure using external credit rating services and other analytical tools.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">23</font><a name="PB_23_114943_2897"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The Company had group credit concentrations and maximum credit exposure, with respect to derivative instruments, in the following counterparty segments:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
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<td width="2%" nowrap bgcolor="white" style="background:white;padding:0in 0in 0in 0in;width:2.38%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="67%" nowrap bgcolor="white" style="background:white;padding:0in 0in 0in 0in;width:67.22%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="15%" nowrap bgcolor="white" style="background:white;padding:0in 0in 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">March&nbsp;31,</font></b></p>    </td>
<td width="15%" nowrap style="padding:0in 0in 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">December&nbsp;31,</font></p>    </td>   </tr>
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<td width="2%" nowrap bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.38%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="67%" nowrap bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:67.22%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="15%" nowrap bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 3.0pt 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="15%" nowrap style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 3.0pt 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
<tr style="page-break-inside:avoid;">
<td width="69%" nowrap colspan="2" bgcolor="white" style="background:white;border:none;border-bottom:none black 1.0pt;padding:0in 0in 0in 0in;width:69.6%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="15%" nowrap bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="15%" nowrap bgcolor="white" style="background:white;padding:0in 0in 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr style="page-break-inside:avoid;">
<td width="69%" nowrap colspan="2" bgcolor="white" style="background:white;border:none;border-bottom:none black 1.0pt;padding:0in 0in 0in 0in;width:69.6%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Canadian financial institutions</font></p>    </td>
<td width="15%" nowrap bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 3.0pt 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">39</font></b></p>    </td>
<td width="15%" nowrap bgcolor="white" style="background:white;padding:0in 3.0pt 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">39</font></p>    </td>   </tr>
<tr style="page-break-inside:avoid;">
<td width="69%" nowrap colspan="2" bgcolor="white" style="background:white;padding:0in 0in 0in 0in;width:69.6%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">United States financial   institutions</font></p>    </td>
<td width="15%" nowrap bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 3.0pt 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">158</font></b></p>    </td>
<td width="15%" nowrap bgcolor="white" style="background:white;padding:0in 3.0pt 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">179</font></p>    </td>   </tr>
<tr style="page-break-inside:avoid;">
<td width="69%" nowrap colspan="2" bgcolor="white" style="background:white;padding:0in 0in 0in 0in;width:69.6%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">European financial institutions</font></p>    </td>
<td width="15%" nowrap bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 3.0pt 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">91</font></b></p>    </td>
<td width="15%" nowrap bgcolor="white" style="background:white;padding:0in 3.0pt 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">106</font></p>    </td>   </tr>
<tr style="page-break-inside:avoid;">
<td width="69%" nowrap colspan="2" bgcolor="white" style="background:white;padding:0in 0in 0in 0in;width:69.6%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Asian financial institutions</font></p>    </td>
<td width="15%" nowrap bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 3.0pt 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">1</font></b></p>    </td>
<td width="15%" nowrap bgcolor="white" style="background:white;padding:0in 3.0pt 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">1</font></p>    </td>   </tr>
<tr style="page-break-inside:avoid;">
<td width="69%" nowrap colspan="2" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:69.6%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Other</font><font size="1" color="black" face="Arial" style="color:black;font-size:5.0pt;position:relative;top:-5.0pt;">1</font></p>    </td>
<td width="15%" nowrap bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 3.0pt 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">161</font></b></p>    </td>
<td width="15%" nowrap bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 3.0pt 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">162</font></p>    </td>   </tr>
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<td width="2%" nowrap bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.38%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="67%" nowrap bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:67.22%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="15%" nowrap bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 3.0pt 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">450</font></b></p>    </td>
<td width="15%" nowrap bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 3.0pt 0in 0in;width:15.2%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">487</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i></p>    </td>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Other is   comprised of commodity clearing house and physical natural gas and crude oil   counterparties.</font></i></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">As at March&nbsp;31, 2017, the Company had provided letters of credit</font><font face="Arial" style="border:none;"> totalling</font><font face="Arial" style="border:none;"> $167 million in lieu of providing cash collateral to its counterparties pursuant to the terms of the relevant ISDA agreements. The Company held no cash collateral on derivative asset exposures as at March&nbsp;31, 2017 and December&nbsp;31, 2016.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Gross derivative balances have been presented without the effects of collateral posted. Derivative assets are adjusted for non-performance risk of the Company&#146;s counterparties using their credit default swap spread rates, and are reflected at fair value. For derivative liabilities, the Company&#146;s non-performance risk is considered in the valuation.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Credit risk also arises from trade and other long-term receivables, and is mitigated through credit exposure limits and contractual requirements, assessment of credit ratings and netting arrangements. Within Gas Distribution and Union Gas, credit risk is mitigated by the large and diversified customer base and the ability to recover an estimate for doubtful accounts through the ratemaking process. The Company actively monitors the financial strength of large industrial customers and, in select cases, has obtained additional security to minimize the risk of default on receivables. Generally, the Company classifies and provides for receivables older than 30 days as past due. The maximum exposure to credit risk related to non-derivative financial assets is their carrying value.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">FAIR VALUE MEASUREMENTS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company&#146;s financial assets and liabilities measured at fair value on a recurring basis include derivative instruments. The Company also discloses the fair value of other financial instruments not measured at fair value. The fair value of financial instruments reflects the Company&#146;s best estimates of market value based on generally accepted valuation techniques or models and are supported by observable market prices and rates. When such values are not available, the Company uses discounted cash flow analysis from applicable yield curves based on observable market inputs to estimate fair value.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">FAIR VALUE OF FINANCIAL INSTRUMENTS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company categorizes its derivative instruments measured at fair value into one of three different levels depending on the observability of the inputs employed in the measurement.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Level 1</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Level 1 includes derivatives measured at fair value based on unadjusted quoted prices for identical assets and liabilities in active markets that are accessible at the measurement date. An active market for a derivative is considered to be a market where transactions occur with sufficient frequency and volume to provide pricing information on an ongoing basis. The Company&#146;s Level 1 instruments consist primarily of exchange-traded derivatives used to mitigate the risk of crude oil price fluctuations.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">24</font><a name="PB_24_121410_6986"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Level 2</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Level 2 includes derivative valuations determined using directly or indirectly observable inputs other than quoted prices included within Level 1. Derivatives in this category are valued using models or other industry standard valuation techniques derived from observable market data. Such valuation techniques include inputs such as quoted forward prices, time value, volatility factors and broker quotes that can be observed or corroborated in the market for the entire duration of the derivative. Derivatives valued using Level 2 inputs include non-exchange traded derivatives such as over-the-counter foreign exchange forward and cross currency swap contracts, interest rate swaps, physical forward commodity contracts, as well as commodity swaps and options for which observable inputs can be obtained.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company has also categorized the fair value of its held to maturity preferred share investment and long-term debt as Level 2. The fair value of the Company&#146;s held to maturity preferred share investment is primarily based on the yield of certain Government of Canada bonds. The fair value of the Company&#146;s long-term debt is based on quoted market prices for instruments of similar yield, credit risk and tenor.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Level 3</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Level 3 includes derivative valuations based on inputs which are less observable, unavailable or where the observable data does not support a significant portion of the derivatives&#146; fair value. Generally, Level 3 derivatives are longer dated transactions, occur in less active markets, occur at locations where pricing information is not available or have no binding broker quote to support Level 2 classification. The Company has developed methodologies, benchmarked against industry standards, to determine fair value for these derivatives based on extrapolation of observable future prices and rates. Derivatives valued using Level 3 inputs primarily include long-dated derivative power contracts and NGL and natural gas contracts, basis swaps, commodity swaps, power and energy swaps, as well as options. The Company does not have any other financial instruments categorized in Level 3.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company uses the most observable inputs available to estimate the fair value of its derivatives. When possible, the Company estimates the fair value of its derivatives based on quoted market prices. If quoted market prices are not available, the Company uses estimates from third party brokers. For non-exchange traded derivatives classified in Levels 2 and 3, the Company uses standard valuation techniques to calculate the estimated fair value. These methods include discounted cash flows for forwards and swaps and Black-Scholes-Merton pricing models for options. Depending on the type of derivative and nature of the underlying risk, the Company uses observable market prices (interest, foreign exchange, commodity and share price) and volatility as primary inputs to these valuation techniques. Finally, the Company considers its own credit default swap spread as well as the credit default swap spreads associated with its counterparties in its estimation of fair value.</font></p>
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<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">25</font><a name="PB_25_121532_7056"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The Company has categorized its   derivative assets and liabilities measured at fair value as follows:</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="52%" nowrap height="16" valign="bottom" style="height:12.0pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="16" valign="bottom" style="height:12.0pt;padding:0in 0in 0in 0in;width:10.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="16" valign="bottom" style="height:12.0pt;padding:0in 0in 0in 0in;width:12.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="2%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Total Gross </font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Derivative </font></p>    </td>   </tr>
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<td width="56%" colspan="3" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:56.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">March&nbsp;31, 2017</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Level 1</font></p>    </td>
<td width="10%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Level 2</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Level 3</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Instruments</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Financial assets</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="yellow" face="Arial" style="color:yellow;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Current derivative assets</font></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Foreign exchange contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">106</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">106</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Interest rate contracts</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">4</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">4</font></b></p>    </td>   </tr>
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<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Commodity contracts</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">8</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">75</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">157</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">240</font></b></p>    </td>   </tr>
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<td width="56%" colspan="3" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:56.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">8</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">185</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">157</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">350</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Long-term derivative assets</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Foreign exchange contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">78</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">78</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Interest rate contracts</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">19</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">19</font></b></p>    </td>   </tr>
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<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Commodity contracts</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">23</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">51</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">74</font></b></p>    </td>   </tr>
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<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Other contracts</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">2</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">2</font></b></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="56%" colspan="3" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:56.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">122</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">51</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">173</font></b></p>    </td>   </tr>
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<td width="56%" colspan="3" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:56.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Financial liabilities</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="54%" colspan="2" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:54.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Current derivative liabilities</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Foreign exchange contracts</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(975)</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(975)</font></b></p>    </td>   </tr>
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<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Interest rate contracts</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(586)</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(586)</font></b></p>    </td>   </tr>
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<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Commodity contracts</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(5)</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(44)</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(145)</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(194)</font></b></p>    </td>   </tr>
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<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Other contracts</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(4)</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(4)</font></b></p>    </td>   </tr>
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<td width="56%" colspan="3" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:56.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(5)</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(1,609)</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(145)</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(1,759)</font></b></p>    </td>   </tr>
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<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Long-term derivative liabilities</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Foreign exchange contracts</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(1,771)</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(1,771)</font></b></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Interest rate contracts</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(486)</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(486)</font></b></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Commodity contracts</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(11)</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(186)</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(197)</font></b></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="56%" colspan="3" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:56.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(2,268)</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(186)</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(2,454)</font></b></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="56%" colspan="3" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:56.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Total net financial asset/(liability)</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
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<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Foreign exchange contracts</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(2,562)</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(2,562)</font></b></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Interest rate contracts</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(1,049)</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(1,049)</font></b></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Commodity contracts</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">3</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">43</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(123)</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(77)</font></b></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Other contracts</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(2)</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">-</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(2)</font></b></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">3</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(3,570)</font></b></p>    </td>
<td width="10%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(123)</font></b></p>    </td>
<td width="12%" height="13" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">(3,690)</font></b></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">26</font><a name="PB_26_121714_5335"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
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<td width="2%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Total Gross </font></p>    </td>   </tr>
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<td width="2%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Derivative </font></p>    </td>   </tr>
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<td width="56%" colspan="3" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:56.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">December&nbsp;31, 2016</font></p>    </td>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Level 1</font></p>    </td>
<td width="10%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Level 2</font></p>    </td>
<td width="10%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Level 3</font></p>    </td>
<td width="12%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Instruments</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="56%" colspan="3" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:56.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Financial assets</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="54%" colspan="2" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:54.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Current derivative assets</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Foreign exchange contracts</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">109</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">109</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Interest rate contracts</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">3</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">3</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Commodity contracts</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">2</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">86</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">153</font></p>    </td>
<td width="12%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">241</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="56%" colspan="3" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:56.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">2</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">198</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">153</font></p>    </td>
<td width="12%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">353</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="54%" colspan="2" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:54.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Long-term derivative assets</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Foreign exchange contracts</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">73</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">73</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Interest rate contracts</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">8</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">8</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Commodity contracts</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">43</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">25</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">68</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Other contracts</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">2</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="12%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">2</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="56%" colspan="3" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:56.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">126</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">25</font></p>    </td>
<td width="12%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">151</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="56%" colspan="3" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:56.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Financial liabilities</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="54%" colspan="2" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:54.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Current derivative liabilities</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Foreign exchange contracts</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(995)</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(995)</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Interest rate contracts</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(583)</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(583)</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Commodity contracts</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(12)</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(75)</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(272)</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(359)</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Other contracts</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(4)</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="12%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(4)</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="56%" colspan="3" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:56.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(12)</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(1,657)</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(272)</font></p>    </td>
<td width="12%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(1,941)</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="54%" colspan="2" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:54.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Long-term derivative liabilities</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Foreign exchange contracts</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(2,029)</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(2,029)</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Interest rate contracts</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(473)</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(473)</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Commodity contracts</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(10)</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(201)</font></p>    </td>
<td width="12%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(211)</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="56%" colspan="3" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:56.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(2,512)</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(201)</font></p>    </td>
<td width="12%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(2,713)</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="56%" colspan="3" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:56.8%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Total net financial asset/(liability)</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Foreign exchange contracts</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(2,842)</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(2,842)</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Interest rate contracts</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(1,045)</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(1,045)</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Commodity contracts</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(10)</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">44</font></p>    </td>
<td width="10%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(295)</font></p>    </td>
<td width="12%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(261)</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Other contracts</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(2)</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="12%" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(2)</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="52%" height="13" bgcolor="white" style="background:white;border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:52.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(10)</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(3,845)</font></p>    </td>
<td width="10%" height="13" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:10.4%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(295)</font></p>    </td>
<td width="12%" height="13" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(4,150)</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The significant unobservable inputs used in the fair value measurement of Level 3 derivative instruments were as follows:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="24%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:24.36%;">
<p style="margin:0in 0in .0001pt;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="6%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:6.42%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Fair </font></p>    </td>
<td width="18%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:18.1%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Unobservable</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Minimum</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Maximum</font></p>    </td>
<td width="11%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:11.86%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Weighted</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.5%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Unit of</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="26%" nowrap colspan="2" height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:26.76%;">
<p style="margin:0in 0in .0001pt;"><b><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-weight:bold;">March&nbsp;31,   2017</font></b></p>    </td>
<td width="6%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:6.42%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Value</font></p>    </td>
<td width="18%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:18.1%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Input</font></p>    </td>
<td width="12%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Price/Volatility</font></p>    </td>
<td width="12%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Price/Volatility</font></p>    </td>
<td width="11%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:11.86%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Average Price</font></p>    </td>
<td width="12%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.5%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Measurement</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="51%" nowrap colspan="4" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:51.28%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">(</font></i><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.0pt;font-style:italic;">fair value in millions of Canadian dollars</font></i><i><font size="1" color="black" face="Arial" style="color:black;font-size:7.5pt;font-style:italic;">)</font></i></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:11.86%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="15" style="height:11.25pt;page-break-inside:avoid;">
<td width="26%" nowrap colspan="2" height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:26.76%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Commodity   contracts - financial</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
<td width="6%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:6.42%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:18.1%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:12.18%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:12.18%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:11.86%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:12.5%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="24%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:24.36%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Natural gas</font></p>    </td>
<td width="6%" nowrap height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:6.42%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">20</font></p>    </td>
<td width="18%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:18.1%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Forward gas price</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">3.07</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">4.91</font></p>    </td>
<td width="11%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:11.86%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">3.62</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.5%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">$/mmbtu</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">3</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="24%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:24.36%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">NGL</font></p>    </td>
<td width="6%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:6.42%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(10)</font></p>    </td>
<td width="18%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:18.1%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Forward NGL price</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">0.31</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">1.53</font></p>    </td>
<td width="11%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:11.86%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">1.13</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.5%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">$/gallon</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="24%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:24.36%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Power</font></p>    </td>
<td width="6%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:6.42%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(145)</font></p>    </td>
<td width="18%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:18.1%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Forward power price</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">18.50</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">63.70</font></p>    </td>
<td width="11%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:11.86%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">42.61</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.5%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">$/MWH&nbsp;</font></p>    </td>   </tr>
<tr height="15" style="height:11.25pt;page-break-inside:avoid;">
<td width="26%" nowrap colspan="2" height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:26.76%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Commodity   contracts - physical</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">1</font></p>    </td>
<td width="6%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:6.42%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:18.1%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:11.86%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:12.5%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="24%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:24.36%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Natural gas</font></p>    </td>
<td width="6%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:6.42%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(41)</font></p>    </td>
<td width="18%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:18.1%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Forward gas price</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">2.62</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">7.34</font></p>    </td>
<td width="11%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:11.86%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">3.29</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.5%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">$/mmbtu</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">3</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="24%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:24.36%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Crude</font></p>    </td>
<td width="6%" nowrap height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:6.42%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">46</font></p>    </td>
<td width="18%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:18.1%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Forward crude price</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">40.97</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">75.64</font></p>    </td>
<td width="11%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:11.86%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">33.34</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.5%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">$/barrel&nbsp;</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" nowrap height="13" valign="bottom" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="24%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:24.36%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">NGL</font></p>    </td>
<td width="6%" nowrap height="13" style="height:9.75pt;padding:0in 3.0pt 0in 0in;width:6.42%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">6</font></p>    </td>
<td width="18%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:18.1%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Forward NGL price</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">0.30</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">1.72</font></p>    </td>
<td width="11%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:11.86%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">1.05</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.5%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">$/gallon</font></p>    </td>   </tr>
<tr height="15" style="height:11.25pt;page-break-inside:avoid;">
<td width="33%" nowrap colspan="3" height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:33.18%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Commodity   options</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">2</font></p>    </td>
<td width="18%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:18.1%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:11.86%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="15" style="height:11.25pt;padding:0in 0in 0in 0in;width:12.5%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="24%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:24.36%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Crude, NGL</font></p>    </td>
<td width="6%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:6.42%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">-</font></p>    </td>
<td width="18%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:18.1%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Option volatility</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">22%</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">100%</font></p>    </td>
<td width="11%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:11.86%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">49%</font></p>    </td>
<td width="12%" nowrap height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:12.5%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="24%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:24.36%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Power</font></p>    </td>
<td width="6%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 3.0pt 0in 0in;width:6.42%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">1</font></p>    </td>
<td width="18%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:18.1%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">Option volatility</font></p>    </td>
<td width="12%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">23%</font></p>    </td>
<td width="12%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">50%</font></p>    </td>
<td width="11%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:11.86%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">24%</font></p>    </td>
<td width="12%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.5%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="24%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:24.36%;">
<p style="margin:0in 0in .0001pt;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="6%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:6.42%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;">(123)</font></p>    </td>
<td width="18%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:18.1%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.18%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:11.86%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="12%" nowrap height="13" style="border:none;border-bottom:solid windowtext 1.5pt;height:9.75pt;padding:0in 0in 0in 0in;width:12.5%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="2%" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i></p>    </td>
<td width="97%" colspan="7" height="13" style="height:9.75pt;padding:0in 0in 0in 0in;width:97.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Financial and   physical forward commodity contracts are valued using a market approach   valuation technique.</font></i></p>    </td>   </tr>
<tr height="13" style="height:9.75pt;page-break-inside:avoid;">
<td width="2%" height="13" valign="top" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">2</font></i></p>    </td>
<td width="97%" colspan="7" height="13" valign="top" style="height:9.75pt;padding:0in 0in 0in 0in;width:97.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Commodity   options contracts are valued using an option model valuation technique.</font></i></p>    </td>   </tr>
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<td width="2%" height="13" valign="top" style="height:9.75pt;padding:0in 0in 0in 0in;width:2.4%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">3</font></i></p>    </td>
<td width="97%" colspan="7" height="13" valign="top" style="height:9.75pt;padding:0in 0in 0in 0in;width:97.6%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">One million   British thermal units (mmbtu).</font></i></p>    </td>   </tr>  </table>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">If adjusted, the significant unobservable inputs disclosed in the table above would have a direct impact on the fair value of the Company&#146;s Level 3 derivative instruments. The significant unobservable inputs used in the fair value measurement of Level 3 derivative instruments include forward commodity prices and, for option contracts, price volatility. Changes in forward commodity prices could result in significantly different fair values for the Company&#146;s Level 3 derivatives. Changes in price volatility would change the value of the option contracts. Generally, a change in the estimate of forward commodity prices is unrelated to a change in the estimate of price volatility.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">27</font><a name="PB_27_121901_5796"></a></p>
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<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Changes in net fair value of derivative assets and liabilities classified as Level 3 in the fair value hierarchy were as follows:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
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<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Three months ended</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="9%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
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<td width="82%" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="82%" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Level 3 net derivative   asset/(liability) at beginning of period</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">(295)</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">54</font></p>    </td>   </tr>
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<td width="82%" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Total gains/(loss)</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="82%" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 22.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Included   in earnings</font><font size="1" color="black" face="Arial" style="color:black;font-size:5.0pt;position:relative;top:-5.0pt;">1</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">83</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(40)</font></p>    </td>   </tr>
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<td width="82%" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt 22.0pt;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Included   in OCI</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">19</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">7</font></p>    </td>   </tr>
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<td width="82%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Settlements</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">70</font></b></p>    </td>
<td width="9%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(123)</font></p>    </td>   </tr>
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<td width="82%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Level 3 net derivative liability   at end of period</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">(123)</font></b></p>    </td>
<td width="9%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(102)</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
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<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.12%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i></p>    </td>
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<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Reported   within Transportation and other services revenues, Commodity costs and   Operating and administrative expense in the Consolidated Statements of   Earnings.</font></i></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company&#146;s policy is to recognize transfers as of the last day of the reporting period. There were no transfers between levels as at March&nbsp;31, 2017 or 2016.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">FAIR VALUE OF OTHER FINANCIAL INSTRUMENTS</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company recognizes equity investments in other entities not categorized as held to maturity at fair value, with changes in fair value recorded in OCI, unless actively quoted prices are not available for fair value measurement in which case these investments are recorded at cost. The carrying value of all equity investments recognized at cost</font><font face="Arial" style="border:none;"> totalled</font><font face="Arial" style="border:none;"> $110 million as at March&nbsp;31, 2017 (December&nbsp;31, 2016 - $110 million).</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company has Restricted long-term investments held in trust totalling $243 million as at </font><font face="Arial" style="border:none;">March&nbsp;31, 2017 (December&nbsp;31, 2016 - $90 million) which are recognized at fair value.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company has a held to maturity preferred share investment carried at its amortized cost of $388 million as at </font><font face="Arial" style="border:none;">March&nbsp;31, 2017</font><font face="Arial" style="border:none;"> (December&nbsp;31, </font><font face="Arial" style="border:none;">2016</font><font face="Arial" style="border:none;"> - $355 million). These preferred shares are entitled to a cumulative preferred dividend based on the yield of 10-year Government of Canada bonds plus a margin of 4.38%. As at </font><font face="Arial" style="border:none;">March&nbsp;31, 2017</font><font face="Arial" style="border:none;">, the fair value of this preferred share investment approximates its face value of $580 million (December&nbsp;31, </font><font face="Arial" style="border:none;">2016</font><font face="Arial" style="border:none;"> - $580 million).</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">As at March&nbsp;31, 2017, the Company&#146;s long-term debt had a carrying value of $65,336 </font><font face="Arial" style="border:none;">million (December&nbsp;31, </font><font face="Arial" style="border:none;">2016</font><font face="Arial" style="border:none;"> - $40,761</font><font face="Arial" style="border:none;"> million) before debt issuance cost and a fair value of $68,603 </font><font face="Arial" style="border:none;">million (December&nbsp;31, </font><font face="Arial" style="border:none;">2016</font><font face="Arial" style="border:none;"> - $</font><font face="Arial" style="border:none;">43,910 million). The Company also has noncurrent notes receivable carried at book value recorded in Deferred amounts and other assets. As at March&nbsp;31, 2017, the noncurrent notes receivable has a carrying value of $95 million (December&nbsp;31, 2016 - nil) and a fair value of $95 million (December&nbsp;31, 2016 - nil).</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">NET INVESTMENT HEDGES</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company has designated a portion of its United States dollar denominated debt, as well as a portfolio of foreign exchange forward contracts, as a hedge of its net investment in United States dollar denominated investments and subsidiaries.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">During the three months ended </font><font face="Arial" style="border:none;">March&nbsp;31, 2017</font><font face="Arial" style="border:none;">, the Company recognized an unrealized foreign exchange gain on the translation of United States dollar denominated debt of $20 million (</font><font face="Arial" style="border:none;">2016</font><font face="Arial" style="border:none;"> - unrealized gain of $297 million) and an unrealized gain on the change in fair value of its outstanding foreign exchange forward contracts of $9 million (2016 - $84 million) in OCI. The Company recognized a realized gain of $1 million (2016 - nil) in OCI associated with the settlement of foreign exchange forward contracts and also recognized a realized gain of $20 million (2016 - $28 million) in OCI associated with</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">28</font><a name="PB_28_121008_7753"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">the settlement of United States dollar denominated debt that had matured during the period. There was no ineffectiveness during the three months ended </font><font face="Arial" style="border:none;">March&nbsp;31, 2017</font><font face="Arial" style="border:none;"> (</font><font face="Arial" style="border:none;">2016</font><font face="Arial" style="border:none;"> - nil).</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">11.&#160;&#160; INCOME TAXES</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The effective income tax rate for the three months ended March&nbsp;31, 2017 </font><font face="Arial" style="border:none;">was 17.3% (2016 - 23.6%). The lower effective tax rate in 2017 was attributable to the rate-regulated tax benefit and other permanent items relative to the earnings in the first three months of 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">12.&#160;&#160; RETIREMENT AND POSTRETIREMENT BENEFITS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">NET BENEFIT COSTS RECOGNIZED</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:4.0pt;">&nbsp;</font></p>
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<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Three months ended</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:18.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">March&nbsp;31,</font></p>    </td>   </tr>
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<td width="82%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">2017</font></b></p>    </td>
<td width="9%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2016</font></p>    </td>   </tr>
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<td width="82%" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="82%" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Benefits earned during the period</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">54</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">42</font></p>    </td>   </tr>
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<td width="82%" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Interest cost on projected benefit   obligations</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">32</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">26</font></p>    </td>   </tr>
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<td width="82%" style="padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Expected return on plan assets </font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">(51)</font></b></p>    </td>
<td width="9%" style="padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">(38)</font></p>    </td>   </tr>
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<td width="82%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Amortization of actuarial loss</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">9</font></b></p>    </td>
<td width="9%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">9</font></p>    </td>   </tr>
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<td width="82%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:82.0%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Net benefit costs on an accrual   basis</font><font size="1" color="black" face="Arial" style="color:black;font-size:4.0pt;position:relative;top:-4.0pt;">1,2</font></p>    </td>
<td width="9%" bgcolor="#D9D9D9" style="background:#D9D9D9;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">44</font></b></p>    </td>
<td width="9%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:9.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">39</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
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<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.12%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i></p>    </td>
<td width="97%" valign="top" style="padding:0in 0in 0in 0in;width:97.88%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Included in   net benefit costs for the three months ended March&nbsp;31, 2017 are costs   related to OPEB of $5 million (2016 - $4 million).</font></i></p>    </td>   </tr>
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<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.12%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">2</font></i></p>    </td>
<td width="97%" valign="top" style="padding:0in 0in 0in 0in;width:97.88%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">For the three   months ended March&nbsp;31, 2017, offsetting regulatory liabilities of nil   (2016 - $2 million) have been recorded to the extent pension and OPEB costs   are expected to be refunded to, or collected from, customers in future rates.</font></i></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">ACQUIRED PENSION PLANS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">In connection with the acquisition of Spectra Energy (Note 4), the Company has assumed registered and non-registered pension plans in both Canada and the United States (the Canadian Plans and United States Plans, respectively), which provide either defined benefit or defined contribution pension benefits to employees of the Company.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The acquired Canadian Plans provide registered and non-registered, contributory and non-contributory defined benefit plans and defined contribution retirement plans covering substantially all Canadian employees of Spectra Energy. The Canadian defined benefit plans provide retirement benefits based on each plan participant&#146;s years of service and final average earnings. Under the Canadian defined contribution plan, company contributions are determined according to the terms of the plan and based on each plan participant&#146;s age, years of service and current eligible earnings. The Company also provides non-qualified defined benefit supplemental pensions to all employees who retire under a defined benefit registered pension plan and whose pension is limited by the maximum pension limits under the Income Tax Act (Canada).</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The acquired United States Plans provides Company funded defined benefit pension benefits for United States based employees using a cash balance formula. Under a cash balance formula, a plan participant accumulates a retirement benefit consisting of pay credits that are based upon a percentage of current eligible earnings and current interest credits. The Company also has non-qualified, non-contributory; unfunded defined benefit plans which cover certain current and former executives based in the United States. These non-Qualified Pension Plans have no plan assets. There are other non-qualified plans such as savings and deferred compensation plans which cover certain current and former executives based in the United States.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">A measurement date of February&nbsp;27, 2017 was used to determine the plan assets and accrued benefit obligation for the Canadian and United States plans.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">29</font><a name="PB_29_121421_536"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">OTHER POSTRETIREMENT BENEFITS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">OPEB primarily includes supplemental health care and life insurance coverage for qualifying retired employees on a contributory and non-contributory basis.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The following is a summary of the fair value of the pension and OPEB-related balances assumed as at the February&nbsp;27, 2017 acquisition date:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
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<td width="59%" valign="top" style="padding:0in 0in 0in 0in;width:59.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">Pension</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">OPEB</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">As   at February&nbsp;27, 2017</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">U.S.</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Canada</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">U.S.</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">Canada</font></p>    </td>   </tr>
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<td width="59%" valign="top" style="padding:0in 0in 0in 0in;width:59.5%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" face="Arial" style="font-size:8.0pt;font-style:italic;">(millions of Canadian dollars)</font></i></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="59%" valign="top" style="padding:0in 0in 0in 0in;width:59.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Accrued   benefit obligation and plan assets assumed</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="59%" valign="top" style="padding:0in 0in 0in 0in;width:59.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Projected   benefit obligation</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">818</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,505</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">275</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">146</font></p>    </td>   </tr>
<tr>
<td width="59%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:59.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Fair   value of plan assets</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">737</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">1,290</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">103</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 5.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="59%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:59.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Underfunded   status at end of year</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(81)</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(215)</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(172)</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(146)</font></p>    </td>   </tr>
<tr>
<td width="59%" valign="top" style="padding:0in 0in 0in 0in;width:59.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Presented   as follows:</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="59%" valign="top" style="padding:0in 0in 0in 0in;width:59.5%;">
<p style="margin:0in 0in .0001pt 12.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Deferred amounts and other assets</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 5.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">23</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 5.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 5.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>   </tr>
<tr>
<td width="59%" valign="top" style="padding:0in 0in 0in 0in;width:59.5%;">
<p style="margin:0in 0in .0001pt 12.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Accounts payable and other</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(2)</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 5.0pt .0001pt 0in;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">-</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(3)</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(4)</font></p>    </td>   </tr>
<tr>
<td width="59%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:59.5%;">
<p style="margin:0in 0in .0001pt 12.0pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Other long-term liabilities</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(79)</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(238)</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(169)</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(142)</font></p>    </td>   </tr>
<tr>
<td width="59%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:59.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(81)</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(215)</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(172)</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Arial" style="font-size:10.0pt;">(146)</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The weighted average assumptions made in the measurement of the projected benefit obligations of the pension plans and OPEB are as follows:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="59%" valign="top" style="padding:0in 0in 0in 0in;width:59.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="3" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:18.5%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Pension</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="18%" colspan="3" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:18.5%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">OPEB</font></p>    </td>   </tr>
<tr>
<td width="59%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:59.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">As at February&nbsp;27, 2017</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">U.S.</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Canada</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:1.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">U.S.</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:2.5%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Canada</font></p>    </td>   </tr>
<tr>
<td width="59%" style="padding:0in 0in 0in 0in;width:59.5%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Discount rate</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">3.6%</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">3.8%</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">3.5%</font></p>    </td>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">3.9%</font></p>    </td>   </tr>
<tr>
<td width="59%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:59.5%;">
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Average rate of salary increases</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 3.0pt .0001pt 0in;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">4.0%</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">3.0%</font></p>    </td>
<td width="1%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="2%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:2.5%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">MEDICAL COST TRENDS</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">The assumed rates for the next year used to measure the expected cost of benefits are as follows:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="29%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:29.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="24%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:24.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Medical Cost Trend<br>   Rate Assumption for<br>   Next Fiscal Year</font></p>    </td>
<td width="21%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:21.66%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Ultimate Medical<br>   Cost Trend Rate<br>   Assumption</font></p>    </td>
<td width="25%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:25.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Year in which Ultimate<br>   Medical Cost Trend Rate<br>   Assumption is Achieved</font></p>    </td>   </tr>
<tr>
<td width="29%" valign="top" style="padding:0in 0in 0in 0in;width:29.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Canadian Plans</font></p>    </td>
<td width="24%" valign="top" style="padding:0in 0in 0in 0in;width:24.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">5%</font></p>    </td>
<td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.66%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">5%</font></p>    </td>
<td width="25%" valign="top" style="padding:0in 0in 0in 0in;width:25.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="29%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:29.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">United States Plan</font></p>    </td>
<td width="24%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:24.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">7.5%</font></p>    </td>
<td width="21%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:21.66%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">4.5%</font></p>    </td>
<td width="25%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:25.0%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2037</font></p>    </td>   </tr>  </table>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">PLAN ASSETS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Pension plan assets are maintained in master trusts in both the United States and Canada. The investment objective of the master trusts is to achieve reasonable returns on trust assets, subject to a prudent level of portfolio risk, for the purpose of enhancing the security of benefits for plan participants. The asset allocation targets are set after considering the investment objective and the risk profile with respect to the trusts. Equities are held for their high expected return. Other equity and fixed income securities are held for diversification. Investments within asset classes are diversified to achieve broad market participation and reduce the effects of individual managers or investments. Actual asset allocation of investments is regularly reviewed and periodically rebalanced to the targeted allocation when considered appropriate.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company manages the investment risk of its pension funds by setting a long-term asset mix policy for each plan after consideration of: (i)&nbsp;the nature of pension plan liabilities; (ii)&nbsp;the investment horizon of the plan; (iii)&nbsp;the going concern and solvency funded status and cash flow requirements of the plan; (iv)&nbsp;the operating environment and financial situation of the Company and its ability to withstand fluctuations in pension contributions; and (v)&nbsp;the future economic and capital markets outlook with respect to investment returns, volatility of returns and correlation between assets. The overall expected rate of return is based on the asset allocation targets with estimates for returns on equity and debt securities based on long-term expectations.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">30</font><a name="PB_30_124250_5926"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
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<div>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.44%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">Expected Rate of Return on Plan   Assets</font></b></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">As at February&nbsp;27, 2017</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Pension</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">OPEB</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Canadian Plans</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">6.4%</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="79%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:79.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">United States Plan</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">5.5%</font></p>    </td>
<td width="10%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">4.8%</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">Target Mix for Plan Assets</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="75%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:75.16%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="11%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:11.66%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Canadian<br>   Plans</font></p>    </td>
<td width="13%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">United States<br>   Plans</font></p>    </td>   </tr>
<tr>
<td width="75%" style="padding:0in 0in 0in 0in;width:75.16%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Equity securities</font></p>    </td>
<td width="11%" style="padding:0in 0in 0in 0in;width:11.66%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">55.0%</font></p>    </td>
<td width="13%" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">30.0%</font></p>    </td>   </tr>
<tr>
<td width="75%" style="padding:0in 0in 0in 0in;width:75.16%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Fixed income securities</font></p>    </td>
<td width="11%" style="padding:0in 0in 0in 0in;width:11.66%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">45.0%</font></p>    </td>
<td width="13%" style="padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">60.0%</font></p>    </td>   </tr>
<tr>
<td width="75%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:75.16%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Other</font></p>    </td>
<td width="11%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:11.66%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">0.0%</font></p>    </td>
<td width="13%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:13.16%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">10.0%</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Major Categories of Plan Assets</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Plan assets are invested primarily in readily marketable investments with constraints on the credit quality of fixed income securities. As at February&nbsp;27, 2017, the pension assets were invested 48.9% in equity securities, 46.7% in fixed income securities and 4.4% in other. The OPEB assets were invested 38.8% in equity securities, 47.6% in fixed income securities and 13.6% in other.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
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<tr>
<td width="58%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:58.88%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">As at February&nbsp;27, 2017</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Level 1</font><font size="1" color="black" face="Arial" style="color:black;font-size:5.0pt;position:relative;top:-5.0pt;">1</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Level 2</font><font size="1" color="black" face="Arial" style="color:black;font-size:5.0pt;position:relative;top:-5.0pt;">2</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Level 3</font><font size="1" color="black" face="Arial" style="color:black;font-size:5.0pt;position:relative;top:-5.0pt;">3</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Total</font></p>    </td>   </tr>
<tr>
<td width="58%" valign="top" style="padding:0in 0in 0in 0in;width:58.88%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of   Canadian dollars) </font></i></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.28%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.28%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.28%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.28%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="58%" style="padding:0in 0in 0in 0in;width:58.88%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">Pension</font></b></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="58%" style="padding:0in 0in 0in 0in;width:58.88%;">
<p style="margin:0in 0in .0001pt 22.0pt;text-align:justify;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Cash and cash equivalents </font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">4</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">4</font></p>    </td>   </tr>
<tr>
<td width="58%" style="padding:0in 0in 0in 0in;width:58.88%;">
<p style="margin:0in 0in .0001pt 22.0pt;text-align:justify;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Fixed income securities</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">946</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">946</font></p>    </td>   </tr>
<tr>
<td width="58%" style="padding:0in 0in 0in 0in;width:58.88%;">
<p style="margin:0in 0in .0001pt 22.0pt;text-align:justify;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Equity</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">580</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">412</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">992</font></p>    </td>   </tr>
<tr>
<td width="58%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:58.88%;">
<p style="margin:0in 0in .0001pt 22.0pt;text-align:justify;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Other</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">85</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">85</font></p>    </td>   </tr>
<tr>
<td width="58%" style="padding:0in 0in 0in 0in;width:58.88%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">OPEB</font></b></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr>
<td width="58%" style="padding:0in 0in 0in 0in;width:58.88%;">
<p style="margin:0in 0in .0001pt 22.0pt;text-align:justify;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Cash and cash equivalents </font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">6</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">6</font></p>    </td>   </tr>
<tr>
<td width="58%" style="padding:0in 0in 0in 0in;width:58.88%;">
<p style="margin:0in 0in .0001pt 22.0pt;text-align:justify;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Fixed income securities</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">37</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">12</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">49</font></p>    </td>   </tr>
<tr>
<td width="58%" style="padding:0in 0in 0in 0in;width:58.88%;">
<p style="margin:0in 0in .0001pt 22.0pt;text-align:justify;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Equity</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">21</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">19</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">40</font></p>    </td>   </tr>
<tr>
<td width="58%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:58.88%;">
<p style="margin:0in 0in .0001pt 22.0pt;text-align:justify;text-indent:-10.0pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Other</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">-</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">8</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">8</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.12%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">1</font></i></p>    </td>
<td width="97%" valign="top" style="padding:0in 0in 0in 0in;width:97.88%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Level 1   assets include assets with quoted prices in active markets for identical   assets.</font></i></p>    </td>   </tr>
<tr>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.12%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">2</font></i></p>    </td>
<td width="97%" valign="top" style="padding:0in 0in 0in 0in;width:97.88%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Level 2   assets include assets with significant observable inputs.</font></i></p>    </td>   </tr>
<tr>
<td width="2%" valign="top" style="padding:0in 0in 0in 0in;width:2.12%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">3</font></i></p>    </td>
<td width="97%" valign="top" style="padding:0in 0in 0in 0in;width:97.88%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">Level 3   assets include assets with significant unobservable inputs.</font></i></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">PLAN CONTRIBUTIONS BY THE COMPANY</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="79%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:79.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Year ended December&nbsp;31,</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Pension</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">OPEB</font></p>    </td>   </tr>
<tr>
<td width="79%" style="padding:0in 0in 0in 0in;width:79.44%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of   Canadian dollars)</font></i></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="10%" style="padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="79%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:79.44%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Contributions expected to be paid   in 2017</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">25</font></p>    </td>
<td width="10%" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:10.28%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">8</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;font-weight:bold;">BENEFITS EXPECTED TO BE PAID BY THE COMPANY</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="45%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:45.66%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Year ended December&nbsp;31,</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2017</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2018</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2019</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2020</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:8.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2021</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:12.12%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">2022-2026</font></p>    </td>   </tr>
<tr>
<td width="45%" valign="top" style="padding:0in 0in 0in 0in;width:45.66%;">
<p style="margin:0in 0in .0001pt;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:8.0pt;font-style:italic;">(millions of   Canadian dollars)</font></i></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>
<td width="8%" valign="top" style="padding:0in 0in 0in 0in;width:8.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>
<td width="12%" valign="top" style="padding:0in 0in 0in 0in;width:12.12%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><i><font size="1" color="black" face="Arial" style="color:black;font-size:1.0pt;font-style:italic;">&nbsp;</font></i></p>    </td>   </tr>
<tr>
<td width="45%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:45.66%;">
<p style="margin:0in 0in .0001pt;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">Expected future benefit payments</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">124</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">150</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">151</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">157</font></p>    </td>
<td width="8%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:8.44%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">153</font></p>    </td>
<td width="12%" valign="top" style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;width:12.12%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" color="black" face="Arial" style="color:black;font-size:10.0pt;">820</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">31</font><a name="PB_31_133811_7056"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">13.&#160;&#160; SEVERANCE COSTS</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Included in Operating and administrative is $104 million (2016 - nil) for severance costs related to termination benefits to employees. This resulted from an enterprise-wide reduction of workforce that occurred in March&nbsp;2017 following the completion of the Merger Transaction. Substantially all of the amounts are included within Eliminations and Other.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Of the total severance costs incurred in 2017, $4 million was paid at March&nbsp;31, 2017 with the remaining $100 million included in Accounts payable and other as at March&nbsp;31, 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">14.&#160;&#160; RELATED PARTY TRANSACTIONS</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Related party transactions are conducted in the normal course of business and unless otherwise noted, are measured at the exchange amount, which is the amount of consideration established and agreed to by the related parties.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The following denotes related party transactions and their impact on earnings during the period from the acquisition date of February&nbsp;27, 2016 to March&nbsp;31, 2017 for Spectra Energy, acquired in the Merger Transaction.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">DCP Midstream, a joint venture, processes certain of the Company&#146;s pipeline customers&#146; gas to meet gas quality specifications in order to be transported on the Company&#146;s Texas Eastern Transmission, LP system. DCP Midstream processes the gas and sells the NGLs that are extracted from the gas. A portion of the proceeds from those sales are retained by DCP Midstream and the balance is remitted to the Company. As a result, the Company received $7 million (US$5 million) classified as revenue from Transportation and other services in the Company&#146;s Consolidated Statement of Earnings.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Spectra Energy provides certain administrative and other services to certain operating entities and recorded recoveries of costs from these affiliates of $19 million (US$14 million). Cost recoveries are classified as a reduction to Operating and Administrative costs in the Consolidated Statements of Earnings. Outstanding receivables from these affiliates totalled $25 million (US$19 million) at March&nbsp;31, 2017.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">15.&#160;&#160; CONTINGENCIES</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">LAKEHEAD SYSTEM LINES 6A AND LINE 6B CRUDE OIL RELEASE</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Line 6B Crude Oil Release</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On July&nbsp;26, 2010, a release of crude oil on Line 6B of EEP&#146;s Lakehead Pipeline System (Lakehead System) was reported near Marshall, Michigan.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">As at March&nbsp;31, 2017, EEP&#146;s total cost estimate for the Line 6B crude oil release remains at US$1.2 billion ($195 million after-tax attributable to Enbridge) including those costs that were considered probable and that could be reasonably estimated at March&nbsp;31, 2017. Despite the efforts EEP has made to ensure the reasonableness of its estimate, there continues to be the potential for EEP to incur additional costs in connection with this crude oil release due to variations in any or all of the cost categories, including modified or revised requirements from regulatory agencies.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Line 6A Crude Oil Release</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">A release of crude oil from Line 6A of EEP&#146;s Lakehead System was reported in an industrial area of Romeoville,&nbsp;Illinois on September&nbsp;9, 2010. EEP has completed the cleanup, remediation and restoration of the areas affected by the release. </font><font face="Arial" style="border:none;">The total estimated cost for the Line 6A crude oil release was approximately US$53 million ($7 million after-tax attributable to Enbridge) before insurance recoveries and excluding fines and penalties. These costs included emergency response, environmental remediation and cleanup activities with the crude oil release. As at March&nbsp;31, 2017, EEP has no remaining estimated liability.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">32</font><a name="PB_32_135029_7188"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">Insurance Recoveries</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">EEP is included in the comprehensive insurance program that is maintained by Enbridge for its subsidiaries and affiliates. </font><font face="Arial" style="border:none;">As at December&nbsp;31, 2016, EEP has recorded total insurance recoveries of US$547 million <font color="black" style="color:black;">($80 million after-tax attributable to Enbridge)</font> for the Line 6B crude oil release out of the US$650 million applicable limit. </font><font face="Arial" style="border:none;">Of the remaining US$103 million coverage limit, US$85 million was the subject matter of a lawsuit against one particular insurer. In March&nbsp;2015, Enbridge reached an agreement with that insurer to submit the US$85 million claim to binding arbitration. </font><font face="Arial" style="border:none;">On May&nbsp;2, 2017 the arbitration panel issued a decision that was not favourable to Enbridge.&#160; As a result, EEP is unlikely to receive any additional insurance recoveries in connection with the Line 6B crude oil release.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" color="black" face="Arial" style="border:none;color:black;font-size:10.0pt;font-weight:bold;">Legal and Regulatory Proceedings</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">A number of United States governmental agencies and regulators have initiated investigations into the Line 6B crude oil release. Two actions or claims are pending against Enbridge, EEP or their affiliates in United States state courts in connection with the Line 6B crude oil release. Based on the current status of these cases, the Company does not expect the outcome of these actions to be material to its results of operations or financial condition.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Line 6A and 6B Fines and Penalties</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">As at March&nbsp;31, 2017, included in EEP&#146;s total estimated costs related to the Line 6B crude oil release were US$69 million in fines and penalties. Of this amount, US$62 million relates to civil penalties under the Clean Water Act of the United States, which EEP fully accrued but has not paid, pending approval of the Consent Decree, as described below.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Consent Decree</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On July&nbsp;20, 2016, a Consent Decree was filed with the United States District Court for the Western District of Michigan Southern Division (the Court). The Consent Decree is EEP&#146;s signed settlement agreement with the United States Environmental Protection Agency (EPA) and the United States Department of Justice regarding the Lines 6A and 6B crude oil releases. Pursuant to the Consent Decree, EEP will pay US$62 million in civil penalties: US$61 million in respect of Line 6B and US$1 million in respect of Line 6A. Subsequent to filing the Consent Decree, the Department of Justice received public comments on the contents of the Consent Decree and with EEP&#146;s concurrence made certain modifications to the document to address some of these comments before filing an amended Consent Decree on January&nbsp;19, 2017. The Consent Decree will take effect upon approval by the Court.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">TAX MATTERS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Enbridge and its subsidiaries maintain tax liabilities related to uncertain tax positions. While fully supportable in the Company&#146;s view, these tax positions, if challenged by tax authorities, may not be fully sustained on review.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">OTHER LITIGATION</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">The Company and its subsidiaries are subject to various other legal and regulatory actions and proceedings which arise in the normal course of business, including interventions in regulatory proceedings and challenges to regulatory approvals and permits by special interest groups. While the final outcome of such actions and proceedings cannot be predicted with certainty, Management believes that the resolution of such actions and proceedings will not have a material impact on the Company&#146;s consolidated financial position or results of operations.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="4" face="Arial" style="border:none;font-size:13.0pt;font-weight:bold;">16.&#160;&#160; SUBSEQUENT EVENTS</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">UNITED STATES SPONSORED VEHICLE STRATEGY</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On April&nbsp;28, 2017, Enbridge announced the completion of the strategic review of EEP. The following actions, together with the measures announced in January&nbsp;2017 and disclosed in the Company&#146;s annual consolidated financial statements for 2016, were taken:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">33</font><a name="PB_33_135050_5335"></a></p>
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<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Acquisition of Midcoast Assets</font></b></p>
<p style="border:none;font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Enbridge,</font><font face="Arial" style="border:none;"> through its wholly owned subsidiary, entered into a definitive agreement with EEP to acquire all of EEP&#146;s interest in the Midcoast gas gathering and processing business (Midcoast) for cash consideration of US$1.31 billion plus existing indebtedness of Midcoast Energy Partners, L.P. (MEP) of US$0.84 billion. Subsequent to the closing of the previously announced privatization of MEP, which also closed on April&nbsp;27, 2017, as discussed below, 100 percent of the Midcoast business will be owned by Enbridge.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">Finalization of Bakken Pipeline System Joint Funding Agreement</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">Enbridge entered into a joint funding arrangement with EEP for the Bakken Pipeline System, whereby Enbridge owns 75% and EEP owns 25% of the Bakken Pipeline System. EEP will have a five-year option to increase its interest by 20% at net book value. With the finalization of this joint funding arrangement, EEP repaid the outstanding balance of US$1.5 billion under a credit agreement with Enbridge which it had drawn upon to fund the initial purchase.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;text-align:justify;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">EEP Strategic Restructuring Actions</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">EEP redeemed all of its outstanding Series&nbsp;1 Preferred Units held by Enbridge at face value of US$1.2 billion through the issuance of 64.3 million Class&nbsp;A common units to Enbridge. Further, Enbridge irrevocably waived all of its rights associated with its 66.1 million Class&nbsp;D units and 1,000 Incentive Distribution Units, in exchange for the issuance of 1,000 Class&nbsp;F units. The irrevocable waiver is effective with respect to distributions declared with a record date after April&nbsp;27, 2017. In connection with these strategic restructuring actions, EEP reduced its quarterly distribution from US$0.583 per unit to US$0.35 per unit.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">PRIVATIZATION OF MIDCOAST ENERGY PARTNERS</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On April&nbsp;27, 2017, Enbridge completed its previously-announced merger through a wholly owned subsidiary, whereby it took private MEP by acquiring all of the outstanding publicly-held common units of MEP for a total consideration of approximately US$170 million.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="border:none;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="border:none;font-size:10.0pt;font-weight:bold;">ENBRIDGE INCOME FUND HOLDINGS INC. (ENF) SECONDARY OFFERING</font></b></p>
<p style="border:none;margin:0in 0in .0001pt;"><font size="2" face="Arial" style="border:none;font-size:10.0pt;">On April&nbsp;18, 2017, the Company and ENF completed the secondary offering of 17,347,750 ENF common shares to the public at a price of $33.15 per share, for gross proceeds to Enbridge of approximately $0.6 billion (the Secondary Offering). To effect the Secondary Offering, Enbridge exchanged 21,657,617 Fund units it owned for an equivalent amount of ENF common shares. In order to maintain its 19.9% interest in ENF, Enbridge retained 4,309,867 of the common shares it received in the exchange, and sold the balance through the Secondary Offering. Enbridge used the proceeds from the Secondary Offering to pay down short-term debt, pending reinvestment by the Company in its growing portfolio of secured projects. Upon closing of the Secondary Offering, the Company&#146;s total economic interest in ENF decreased from 86.9% to 84.6%.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font face="Arial">34</font><a name="PB_34_135111_5796"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
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