XML 29 R18.htm IDEA: XBRL DOCUMENT
v3.19.1

PROPERTY, PLANT AND EQUIPMENT | 12 Months Ended
--- | ---
Dec. 31, 2018
Property, Plant and Equipment [Abstract] |
PROPERTY, PLANT AND EQUIPMENT | PROPERTY, PLANT AND EQUIPMENT
| Weighted Average |  |  |  |  |
December 31, | Depreciation Rate |  | 2018 |  | 2017 |
(millions of Canadian dollars) |  |  |  |  |  |
Pipelines | 2.6 | % | 50,078 |  | 47,720 |
Pumping equipment, buildings, tanks and other | 3.0 | % | 16,935 |  | 16,610 |
Land and right-of-way 1 | 2.7 | % | 2,603 |  | 2,538 |
Gas mains, services and other | 3.2 | % | 17,474 |  | 17,026 |
Compressors, meters and other operating equipment | 1.7 | % | 5,893 |  | 5,774 |
Processing and treating plants | 1.5 | % | 1,634 |  | 1,440 |
Storage | 1.9 | % | 1,713 |  | 1,545 |
Wind turbines, solar panels and other | 4.2 | % | 5,063 |  | 4,804 |
Power transmission | 2.6 | % | 383 |  | 365 |
Vehicles, office furniture, equipment and other buildings and improvements | 5.9 | % | 630 |  | 390 |
Under construction | — |  | 9,778 |  | 7,601 |
Total property, plant and equipment 2 |  |  | 112,184 |  | 105,813 |
Total accumulated depreciation |  | (17,644 | ) | (15,102 | )
Property, plant and equipment, net |  |  | 94,540 |  | 90,711 |
1 The measurement of weighted average depreciation rate excludes non-depreciable assets. 2 Certain assets were reclassified as held for sale as at December 31, 2018 and December 31, 2017 (Note 8). Depreciation expense for the years ended December 31, 2018, 2017 and 2016 was $2.9 billion, $2.9 billion and $2.0 billion, respectively. IMPAIRMENT Northern Gateway Project On November 29, 2016, the Canadian Federal Government directed the NEB to dismiss our Northern Gateway Project application and the Certificates of Public Convenience and Necessity have been rescinded. In consultation with potential shippers and Aboriginal equity partners, we assessed this decision and concluded that the project cannot proceed as envisioned. After taking into consideration the amount recoverable from potential shippers on the Northern Gateway Project, we recognized an impairment of $373 million ($272 million after-tax), which is included in Impairment of property, plant and equipment in the Consolidated Statements of Earnings. This impairment loss is based on the full carrying value of the assets, which have an estimated fair value of nil, and are a part of our Liquids Pipelines segment. Sandpiper Project On September 1, 2016, we announced that EEP applied for the withdrawal of regulatory applications pending with the Minnesota Public Utilities Commission for Sandpiper. In connection with this announcement and other factors, we evaluated Sandpiper for impairment. As a result, we recognized an impairment loss of $992 million ($81 million after-tax attributable to us) for the year ended December 31, 2016, which is included in Impairment of property, plant and equipment in the Consolidated Statements of Earnings. Sandpiper is a part of our Liquids Pipelines segment. The estimated remaining fair value of Sandpiper was based on the estimated price that would be received to sell unused pipe, land and other related equipment in its current condition, considering the current market conditions for sale of these assets at the time. The valuation considered a range of potential selling prices from various alternatives that could be used to dispose of these assets. The estimated fair value, with the exception of $3 million in land, was reclassified into Deferred amounts and other assets in the Consolidated Statements of Financial Position as at December 31, 2016. During 2017, we disposed of substantially all of the remaining Sandpiper assets (Note 8). Other For the year ended December 31, 2016, we recorded impairment charges of $11 million related to EEP’s non-core trucking assets and related facilities, which are a part of our Gas Transmission and Midstream segment. Impairment charges were based on the amount by which the carrying values of the assets exceeded fair value, determined using expected discounted future cash flows, and such charges are included in Impairment of property, plant and equipment on the Consolidated Statements of Earnings.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration