XML 54 R67.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Condensed Financial Information Disclosure [Abstract] |
Schedule of Long-term Debt Instruments | During the years ended December 31, 2019 and 2018, we completed the following long-term debt issuances, excluding the debt exchange discussed below:
Company | Issue Date |  |  | Principal Amount |
(millions of Canadian dollars unless otherwise stated) |  |
Enbridge Inc. |  |  |
| October 2019 | 2.99% medium-term notes due October 2029 |  | $1,000 |
| November 2019 | 2.50% senior notes due July 2025 | US$500 |
| November 2019 | 3.13% senior notes due November 2029 | US$1,000 |
| November 2019 | 4.00% senior notes due November 2049 | US$500 |
| March 2018 | Fixed-to-floating rate subordinated notes due March 2078 1 | US$850 |
| April 2018 | Fixed-to-floating rate subordinated notes due April 2078 2 |  | $750 |
| April 2018 | Fixed-to-floating rate subordinated notes due April 2078 3 | US$600 |
Enbridge Gas Inc. |  |  |
| August 2019 | 2.37% medium-term notes due August 2029 |  | $400 |
| August 2019 | 3.01% medium-term notes due August 2049 |  | $300 |
Enbridge Pipelines Inc. |  |  |
| February 2019 | 3.52% medium-term notes due February 2029 |  | $600 |
| February 2019 | 4.33% medium-term notes due February 2049 |  | $600 |
Spectra Energy Partners, LP |  |  |
| August 2019 | 3.24% senior notes due August 2029 4 | US$500 |
| January 2018 | 3.50% senior notes due January 2028 5 | US$400 |
| January 2018 | 4.15% senior notes due January 2048 5 | US$400 |
1 | Notes mature in 60 years and are callable on or after year 10. For the initial 10 years, the notes carry a fixed interest rate of 6.25%. Subsequently, the interest rate will be set to equal the three-month LIBOR plus a margin of 364 basis points from years 10 to 30, and a margin of 439 basis points from years 30 to 60.
2 | Notes mature in 60 years and are callable on or after year 10. For the initial 10 years, the notes carry a fixed interest rate of 6.625%. Subsequently, the interest rate will be set to equal CDOR plus a margin of 432 basis points from years 10 to 30, and a margin of 507 basis points from years 30 to 60.
3 | Notes mature in 60 years and are callable on or after year five. For the initial five years, the notes carry a fixed interest rate of 6.375%. Subsequently, the interest rate will be set to equal the three-month LIBOR plus a margin of 359 basis points from years five to 10, a margin of 384 basis points from years 10 to 25, and a margin of 459 basis points from years 25 to 60.
4 | Issued through Algonquin Gas Transmission, LLC, an operating subsidiary of SEP.
5 Issued through Texas Eastern, a wholly-owned operating subsidiary of SEP. Consenting SEP notes and EEP notes under Guarantee
SEP Notes 1 | EEP Notes 2
Floating Rate Senior Notes due 2020 | 4.200% Notes due 2021
4.600% Senior Notes due 2021 | 5.875% Notes due 2025
4.750% Senior Notes due 2024 | 5.950% Notes due 2033
3.500% Senior Notes due 2025 | 6.300% Notes due 2034
3.375% Senior Notes due 2026 | 7.500% Notes due 2038
5.950% Senior Notes due 2043 | 5.500% Notes due 2040
4.500% Senior Notes due 2045 | 7.375% Notes due 2045
1 | As at December 31, 2019, the aggregate outstanding principal amount of SEP notes was approximately US$3.9 billion.
2 | As at December 31, 2019, the aggregate outstanding principal amount of EEP notes was approximately US$3.0 billion.
Enbridge Notes under Guarantees
USD Denominated 1 | CAD Denominated 2
Senior Floating Rate Notes due 2020 | 4.530% Senior Notes due 2020
Senior Floating Rate Notes due 2020 | 4.850% Senior Notes due 2020
2.900% Senior Notes due 2022 | 4.260% Senior Notes due 2021
4.000% Senior Notes due 2023 | 3.160% Senior Notes due 2021
3.500% Senior Notes due 2024 | 4.850% Senior Notes due 2022
2.500% Senior Notes due 2025 | 3.190% Senior Notes due 2022
4.250% Senior Notes due 2026 | 3.940% Senior Notes due 2023
3.700% Senior Notes due 2027 | 3.940% Senior Notes due 2023
3.125% Senior Notes due 2029 | 3.950% Senior Notes due 2024
4.500% Senior Notes due 2044 | 3.200% Senior Notes due 2027
5.500% Senior Notes due 2046 | 6.100% Senior Notes due 2028
4.000% Senior Notes due 2049 | 2.990% Senior Notes due 2029
| 7.220% Senior Notes due 2030
| 7.200% Senior Notes due 2032
| 5.570% Senior Notes due 2035
| 5.750% Senior Notes due 2039
| 5.120% Senior Notes due 2040
| 4.240% Senior Notes due 2042
| 4.570% Senior Notes due 2044
| 4.870% Senior Notes due 2044
| 4.560% Senior Notes due 2064
1 | As at December 31, 2019, the aggregate outstanding principal amount of the Enbridge United States dollar denominated notes was approximately US$7.9 billion.
2 As at December 31, 2019, the aggregate outstanding principal amount of the Enbridge Canadian dollar denominated notes was approximately $7.6 billion.
Condensed Consolidating Statements of Earnings and Comprehensive Income | Condensed Consolidating Statements of Earnings and Comprehensive Income for the year ended December 31, 2019
| Parent Issuer and Guarantor | Subsidiary Issuer and Guarantor - SEP | Subsidiary Issuer and Guarantor - EEP | Subsidiary Non-Guarantors | Consolidating and elimination adjustments | Consolidated - Enbridge
(millions of Canadian dollars) |  |  |  |  |  |
Operating revenues |  |  |  |  |  |
Commodity sales | — |  | — |  | — |  | 29,309 |  | — |  | 29,309 |
Gas distribution sales | — |  | — |  | — |  | 4,205 |  | — |  | 4,205 |
Transportation and other services | — |  | — |  | — |  | 16,555 |  | — |  | 16,555 |
Total operating revenues | — |  | — |  | — |  | 50,069 |  | — |  | 50,069 |
Operating Expenses |  |  |  |  |  |
Commodity costs | — |  | — |  | — |  | 28,802 |  | — |  | 28,802 |
Gas distribution costs | — |  | — |  | — |  | 2,202 |  | — |  | 2,202 |
Operating and administrative | 128 |  | 5 |  | (16 | ) | 6,874 |  | — |  | 6,991 |
Depreciation and amortization | 67 |  | — |  | — |  | 3,324 |  | — |  | 3,391 |
Impairment of long-lived assets | — |  | — |  | — |  | 423 |  | — |  | 423 |
Impairment of goodwill | — |  | — |  | — |  | — |  | — |  | — |
Total operating expenses | 195 |  | 5 |  | (16 | ) | 41,625 |  | — |  | 41,809 |
Operating income/(loss) | (195 | ) | (5 | ) | 16 |  | 8,444 |  | — |  | 8,260 |
Income from equity investments | 70 |  | 133 |  | — |  | 1,366 |  | (66 | ) | 1,503 |
Equity earnings from consolidated subsidiaries | 3,881 |  | 1,189 |  | 1,043 |  | 1,696 |  | (7,809 | ) | — |
Other | — |  | — |  | — |  | — |  | — |  | — |
Net foreign currency gain/(loss) | 1,671 |  | — |  | — |  | (106 | ) | (1,088 | ) | 477 |
Gain/(loss) on dispositions | (7 | ) | — |  | — |  | (293 | ) | — |  | (300 | )
Other, including other income from affiliates | 1,944 |  | 2 |  | 189 |  | 573 |  | (2,450 | ) | 258 |
Interest expense | (1,268 | ) | (330 | ) | (591 | ) | (2,966 | ) | 2,492 |  | (2,663 | )
Earnings before income taxes | 6,096 |  | 989 |  | 657 |  | 8,714 |  | (8,921 | ) | 7,535 |
Income tax (expense)/recovery | (391 | ) | 44 |  | 6 |  | (1,985 | ) | 618 |  | (1,708 | )
Earnings | 5,705 |  | 1,033 |  | 663 |  | 6,729 |  | (8,303 | ) | 5,827 |
Earnings attributable to noncontrolling interests and redeemable noncontrolling interests | — |  | — |  | — |  | — |  | (122 | ) | (122 | )
Earnings attributable to controlling interests | 5,705 |  | 1,033 |  | 663 |  | 6,729 |  | (8,425 | ) | 5,705 |
Preference share dividends | (383 | ) | — |  | — |  | — |  | — |  | (383 | )
Earnings attributable to common shareholders | 5,322 |  | 1,033 |  | 663 |  | 6,729 |  | (8,425 | ) | 5,322 |
Earnings | 5,705 |  | 1,033 |  | 663 |  | 6,729 |  | (8,303 | ) | 5,827 |
Total other comprehensive income/(loss) | (2,992 | ) | (67 | ) | 51 |  | (929 | ) | 830 |  | (3,107 | )
Comprehensive income | 2,713 |  | 966 |  | 714 |  | 5,800 |  | (7,473 | ) | 2,720 |
Comprehensive income attributable to noncontrolling interests | — |  | — |  | — |  | — |  | (7 | ) | (7 | )
Comprehensive income attributable to controlling interests | 2,713 |  | 966 |  | 714 |  | 5,800 |  | (7,480 | ) | 2,713 |
Condensed Consolidating Statements of Earnings and Comprehensive Income for the year ended December 31, 2018
| Parent Issuer and Guarantor | Subsidiary Issuer and Guarantor - SEP | Subsidiary Issuer and Guarantor - EEP | Subsidiary Non-Guarantors | Consolidating and elimination adjustments | Consolidated - Enbridge
(millions of Canadian dollars) |  |  |  |  |  |
Operating revenues |  |  |  |  |  |
Commodity sales | — |  | — |  | — |  | 27,660 |  | — |  | 27,660 |
Gas distribution sales | — |  | — |  | — |  | 4,360 |  | — |  | 4,360 |
Transportation and other services | — |  | — |  | — |  | 14,358 |  | — |  | 14,358 |
Total operating revenues | — |  | — |  | — |  | 46,378 |  | — |  | 46,378 |
Operating Expenses |  |  |  |  |  |
Commodity costs | — |  | — |  | — |  | 26,818 |  | — |  | 26,818 |
Gas distribution costs | — |  | — |  | — |  | 2,583 |  | — |  | 2,583 |
Operating and administrative | 180 |  | 14 |  | 54 |  | 6,622 |  | (78 | ) | 6,792 |
Depreciation and amortization | 59 |  | — |  | — |  | 3,187 |  | — |  | 3,246 |
Impairment of long-lived assets | — |  | — |  | — |  | 1,104 |  | — |  | 1,104 |
Impairment of goodwill | — |  | — |  | — |  | 1,019 |  | — |  | 1,019 |
Total operating expenses | 239 |  | 14 |  | 54 |  | 41,333 |  | (78 | ) | 41,562 |
Operating income/(loss) | (239 | ) | (14 | ) | (54 | ) | 5,045 |  | 78 |  | 4,816 |
Income from equity investments | 302 |  | 142 |  | — |  | 1,360 |  | (295 | ) | 1,509 |
Equity earnings/(loss) from consolidated subsidiaries | 3,119 |  | (1,634 | ) | 921 |  | (1,581 | ) | (825 | ) | — |
Other |  |  |  |  |  |
Net foreign currency gain/(loss) | (829 | ) | 8 |  | — |  | 80 |  | 219 |  | (522 | )
Gain/(loss) on dispositions | 360 |  | — |  | — |  | (406 | ) | — |  | (46 | )
Other, including other income/(expense) from affiliates | 945 |  | 72 |  | 153 |  | 254 |  | (908 | ) | 516 |
Interest expense | (1,080 | ) | (302 | ) | (557 | ) | (1,689 | ) | 925 |  | (2,703 | )
Earnings/(loss) before income taxes | 2,578 |  | (1,728 | ) | 463 |  | 3,063 |  | (806 | ) | 3,570 |
Income tax recovery/(expense) | 304 |  | (319 | ) | 3 |  | (4,373 | ) | 4,148 |  | (237 | )
Earnings/(loss) | 2,882 |  | (2,047 | ) | 466 |  | (1,310 | ) | 3,342 |  | 3,333 |
Earnings attributable to noncontrolling interests and redeemable noncontrolling interests | — |  | — |  | — |  | — |  | (451 | ) | (451 | )
Earnings/(loss) attributable to controlling interests | 2,882 |  | (2,047 | ) | 466 |  | (1,310 | ) | 2,891 |  | 2,882 |
Preference share dividends | (367 | ) | — |  | — |  | — |  | — |  | (367 | )
Earnings/(loss) attributable to common shareholders | 2,515 |  | (2,047 | ) | 466 |  | (1,310 | ) | 2,891 |  | 2,515 |
Earnings/(loss) | 2,882 |  | (2,047 | ) | 466 |  | (1,310 | ) | 3,342 |  | 3,333 |
Total other comprehensive income/(loss) | 3,788 |  | (9 | ) | 28 |  | 556 |  | (225 | ) | 4,138 |
Comprehensive income/(loss) | 6,670 |  | (2,056 | ) | 494 |  | (754 | ) | 3,117 |  | 7,471 |
Comprehensive income attributable to noncontrolling interests | — |  | — |  | — |  | — |  | (801 | ) | (801 | )
Comprehensive income/(loss) attributable to controlling interests | 6,670 |  | (2,056 | ) | 494 |  | (754 | ) | 2,316 |  | 6,670 |
Condensed Consolidating Statements of Earnings and Comprehensive Income for the year ended December 31, 2017
| Parent Issuer and Guarantor | Subsidiary Issuer and Guarantor - SEP | Subsidiary Issuer and Guarantor - EEP | Subsidiary Non-Guarantors | Consolidating and elimination adjustments | Consolidated - Enbridge
(millions of Canadian dollars) |  |  |  |  |  |
Operating revenues |  |  |  |  |  |
Commodity sales | — |  | — |  | — |  | 26,286 |  | — |  | 26,286 |
Gas distribution sales | — |  | — |  | — |  | 4,215 |  | — |  | 4,215 |
Transportation and other services | — |  | — |  | — |  | 13,877 |  | — |  | 13,877 |
Total operating revenues | — |  | — |  | — |  | 44,378 |  | — |  | 44,378 |
Operating expenses |  |  |  |  |  |
Commodity costs | — |  | — |  | — |  | 26,065 |  | — |  | 26,065 |
Gas distribution costs | — |  | — |  | — |  | 2,572 |  | — |  | 2,572 |
Operating and administrative | 169 |  | 146 |  | 16 |  | 6,111 |  | — |  | 6,442 |
Depreciation and amortization | 56 |  | — |  | — |  | 3,107 |  | — |  | 3,163 |
Impairment of long lived assets | — |  | — |  | — |  | 4,463 |  | — |  | 4,463 |
Impairment of goodwill | — |  | — |  | — |  | 102 |  | — |  | 102 |
Total operating expenses | 225 |  | 146 |  | 16 |  | 42,420 |  | — |  | 42,807 |
Operating income/(loss) | (225 | ) | (146 | ) | (16 | ) | 1,958 |  | — |  | 1,571 |
Income from equity investments | 471 |  | 118 |  | — |  | 981 |  | (468 | ) | 1,102 |
Equity earnings from consolidated subsidiaries | 2,130 |  | 752 |  | 926 |  | 881 |  | (4,689 | ) | — |
Other |  |  |  |  |  |
Net foreign currency gain/(loss) | 500 |  | — |  | — |  | (22 | ) | (241 | ) | 237 |
Gain/(loss) on dispositions | (11 | ) | — |  | — |  | 27 |  | — |  | 16 |
Other, including other income/(expense) from affiliates | 871 |  | 11 |  | 139 |  | 74 |  | (896 | ) | 199 |
Interest expense | (816 | ) | (221 | ) | (691 | ) | (1,753 | ) | 925 |  | (2,556 | )
Earnings before income taxes | 2,920 |  | 514 |  | 358 |  | 2,146 |  | (5,369 | ) | 569 |
Income tax (expense)/recovery | (61 | ) | — |  | 9 |  | 2,706 |  | 43 |  | 2,697 |
Earnings | 2,859 |  | 514 |  | 367 |  | 4,852 |  | (5,326 | ) | 3,266 |
Earnings attributable to noncontrolling interests and redeemable noncontrolling interests | — |  | — |  | — |  | — |  | (407 | ) | (407 | )
Earnings attributable to controlling interests | 2,859 |  | 514 |  | 367 |  | 4,852 |  | (5,733 | ) | 2,859 |
Preference share dividends | (330 | ) | — |  | — |  | — |  | — |  | (330 | )
Earnings attributable to common shareholders | 2,529 |  | 514 |  | 367 |  | 4,852 |  | (5,733 | ) | 2,529 |
Earnings | 2,859 |  | 514 |  | 367 |  | 4,852 |  | (5,326 | ) | 3,266 |
Total other comprehensive income/(loss) | (2,031 | ) | 12 |  | 204 |  | (412 | ) | (51 | ) | (2,278 | )
Comprehensive income | 828 |  | 526 |  | 571 |  | 4,440 |  | (5,377 | ) | 988 |
Comprehensive income attributable to noncontrolling interests | — |  | — |  | — |  | — |  | (160 | ) | (160 | )
Comprehensive income attributable to controlling interests | 828 |  | 526 |  | 571 |  | 4,440 |  | (5,537 | ) | 828 |
Condensed Consolidating Statements of Financial Position | Condensed Consolidating Statements of Financial Position as at December 31, 2019
| Parent Issuer and Guarantor | Subsidiary Issuer and Guarantor - SEP | Subsidiary Issuer and Guarantor - EEP | Subsidiary Non-Guarantors | Consolidating and elimination adjustments | Consolidated - Enbridge
(millions of Canadian dollars) |  |  |  |  |  |
Assets |  |  |  |  |  |
Current assets |  |  |  |  |  |
Cash and cash equivalents | — |  | 33 |  | 4 |  | 611 |  | — |  | 648 |
Restricted cash | 9 |  | — |  | — |  | 19 |  | — |  | 28 |
Accounts receivable and other | 429 |  | 8 |  | 4 |  | 6,340 |  | — |  | 6,781 |
Accounts receivable from affiliates | 746 |  | — |  | 12 |  | (164 | ) | (525 | ) | 69 |
Short-term loans receivable from affiliates | 1,691 |  | — |  | 3,961 |  | 4,417 |  | (10,069 | ) | — |
Inventory | — |  | — |  | — |  | 1,299 |  | — |  | 1,299 |
| 2,875 |  | 41 |  | 3,981 |  | 12,522 |  | (10,594 | ) | 8,825 |
Property, plant and equipment, net | 248 |  | — |  | — |  | 93,475 |  | — |  | 93,723 |
Long-term loans receivable from affiliates | 47,285 |  | 73 |  | 2,387 |  | 35,672 |  | (85,417 | ) | — |
Investments in subsidiaries | 80,456 |  | 18,956 |  | 5,180 |  | 14,782 |  | (119,374 | ) | — |
Long-term investments | 1,701 |  | 932 |  | — |  | 14,467 |  | (572 | ) | 16,528 |
Restricted long-term investments | — |  | — |  | — |  | 434 |  | — |  | 434 |
Deferred amounts and other assets | 998 |  | 1 |  | 1 |  | 7,282 |  | (849 | ) | 7,433 |
Intangible assets, net | 247 |  | — |  | — |  | 1,926 |  | — |  | 2,173 |
Goodwill | — |  | — |  | — |  | 33,153 |  | — |  | 33,153 |
Deferred income taxes | 486 |  | — |  | — |  | 514 |  | — |  | 1,000 |
Total assets | 134,296 |  | 20,003 |  | 11,549 |  | 214,227 |  | (216,806 | ) | 163,269 |
Liabilities and equity |  |  |  |  |  |
Current liabilities |  |  |  |  |  |
Short-term borrowings | — |  | — |  | — |  | 898 |  | — |  | 898 |
Accounts payable and other | 2,765 |  | 28 |  | 1 |  | 7,745 |  | (476 | ) | 10,063 |
Accounts payable to affiliates | 736 |  | 367 |  | 83 |  | (640 | ) | (525 | ) | 21 |
Interest payable | 279 |  | 52 |  | 51 |  | 242 |  | — |  | 624 |
Short-term loans payable to affiliates | 367 |  | 2,058 |  | 1,991 |  | 5,653 |  | (10,069 | ) | — |
Current portion of long-term debt | 2,160 |  | 518 |  | — |  | 1,726 |  | — |  | 4,404 |
| 6,307 |  | 3,023 |  | 2,126 |  | 15,624 |  | (11,070 | ) | 16,010 |
Long-term debt | 27,290 |  | 4,435 |  | 3,789 |  | 24,147 |  | — |  | 59,661 |
Other long-term liabilities | 1,295 |  | 2 |  | 12 |  | 7,864 |  | (849 | ) | 8,324 |
Long-term loans payable to affiliates | 33,686 |  | — |  | 3,112 |  | 48,619 |  | (85,417 | ) | — |
Deferred income taxes | — |  | 271 |  | — |  | 13,887 |  | (4,291 | ) | 9,867 |
| 68,578 |  | 7,731 |  | 9,039 |  | 110,141 |  | (101,627 | ) | 93,862 |
Equity |  |  |  |  |  |
Controlling interests 1 | 65,718 |  | 12,272 |  | 2,510 |  | 104,086 |  | (118,543 | ) | 66,043 |
Noncontrolling interests | — |  | — |  | — |  | — |  | 3,364 |  | 3,364 |
| 65,718 |  | 12,272 |  | 2,510 |  | 104,086 |  | (115,179 | ) | 69,407 |
Total liabilities and equity | 134,296 |  | 20,003 |  | 11,549 |  | 214,227 |  | (216,806 | ) | 163,269 |
1 Equity attributable to controlling interests for parent issuer and guarantor excludes reciprocal shareholding balance included within consolidating and elimination adjustments. Condensed Consolidating Statements of Financial Position as at December 31, 2018
| Parent Issuer and Guarantor | Subsidiary Issuer and Guarantor - SEP | Subsidiary Issuer and Guarantor - EEP | Subsidiary Non-Guarantors | Consolidating and elimination adjustments | Consolidated - Enbridge
(millions of Canadian dollars) |  |  |  |  |  |
Assets |  |  |  |  |  |
Current assets |  |  |  |  |  |
Cash and cash equivalents | — |  | 16 |  | — |  | 502 |  | — |  | 518 |
Restricted cash | 9 |  | — |  | — |  | 110 |  | — |  | 119 |
Accounts receivable and other | 283 |  | 15 |  | 8 |  | 6,211 |  | — |  | 6,517 |
Accounts receivable from affiliates | 726 |  | — |  | 13 |  | (142 | ) | (518 | ) | 79 |
Short-term loans receivable from affiliates | 3,943 |  | — |  | 3,689 |  | 653 |  | (8,285 | ) | — |
Inventory | — |  | — |  | — |  | 1,339 |  | — |  | 1,339 |
| 4,961 |  | 31 |  | 3,710 |  | 8,673 |  | (8,803 | ) | 8,572 |
Property, plant and equipment, net | 140 |  | — |  | — |  | 94,400 |  | — |  | 94,540 |
Long-term loans receivable from affiliates | 10,318 |  | 73 |  | 2,539 |  | 1,344 |  | (14,274 | ) | — |
Investments in subsidiaries | 78,474 |  | 19,777 |  | 6,363 |  | 15,567 |  | (120,181 | ) | — |
Long-term investments | 4,561 |  | 987 |  | — |  | 14,841 |  | (3,682 | ) | 16,707 |
Restricted long-term investments | — |  | — |  | — |  | 323 |  | — |  | 323 |
Deferred amounts and other assets | 1,700 |  | 9 |  | 17 |  | 8,558 |  | (1,726 | ) | 8,558 |
Intangible assets, net | 234 |  | — |  | — |  | 2,138 |  | — |  | 2,372 |
Goodwill | — |  | — |  | — |  | 34,459 |  | — |  | 34,459 |
Deferred income taxes | 817 |  | — |  | — |  | 229 |  | 328 |  | 1,374 |
Total assets | 101,205 |  | 20,877 |  | 12,629 |  | 180,532 |  | (148,338 | ) | 166,905 |
Liabilities and equity |  |  |  |  |  |
Current liabilities |  |  |  |  |  |
Short-term borrowings | — |  | — |  | — |  | 1,024 |  | — |  | 1,024 |
Accounts payable and other | 2,742 |  | 7 |  | 34 |  | 7,059 |  | (6 | ) | 9,836 |
Accounts payable to affiliates | 946 |  | 233 |  | 56 |  | (677 | ) | (518 | ) | 40 |
Interest payable | 283 |  | 56 |  | 105 |  | 225 |  | — |  | 669 |
Short-term loans payable to affiliates | 426 |  | 682 |  | — |  | 7,177 |  | (8,285 | ) | — |
Environmental liabilities, current | — |  | — |  | — |  | 27 |  | — |  | 27 |
Current portion of long-term debt | 1,853 |  | — |  | 683 |  | 723 |  | — |  | 3,259 |
| 6,250 |  | 978 |  | 878 |  | 15,558 |  | (8,809 | ) | 14,855 |
Long-term debt | 22,893 |  | 7,276 |  | 6,943 |  | 23,215 |  | — |  | 60,327 |
Other long-term liabilities | 2,428 |  | 2 |  | 30 |  | 8,100 |  | (1,726 | ) | 8,834 |
Long-term loans payable to affiliates | 76 |  | — |  | 1,502 |  | 12,696 |  | (14,274 | ) | — |
Deferred income taxes | — |  | 331 |  | — |  | 13,523 |  | (4,400 | ) | 9,454 |
| 31,647 |  | 8,587 |  | 9,353 |  | 73,092 |  | (29,209 | ) | 93,470 |
Equity |  |  |  |  |  |
Controlling interests 1 | 69,558 |  | 12,290 |  | 3,276 |  | 107,440 |  | (123,094 | ) | 69,470 |
Noncontrolling interests | — |  | — |  | — |  | — |  | 3,965 |  | 3,965 |
| 69,558 |  | 12,290 |  | 3,276 |  | 107,440 |  | (119,129 | ) | 73,435 |
Total liabilities and equity | 101,205 |  | 20,877 |  | 12,629 |  | 180,532 |  | (148,338 | ) | 166,905 |
1 Equity attributable to controlling interests for parent issuer and guarantor excludes reciprocal shareholding balance included within consolidating and elimination adjustments.
Condensed Consolidating Statements of Cash Flows | Condensed Consolidating Statements of Cash Flows for the year ended December 31, 2019
| Parent Issuer and Guarantor | Subsidiary Issuer and Guarantor - SEP | Subsidiary Issuer and Guarantor - EEP | Subsidiary Non-Guarantors | Consolidating and elimination adjustments | Consolidated - Enbridge
(millions of Canadian dollars) |  |  |  |  |  |
Net cash provided by operating activities | 2,246 |  | 1,676 |  | (365 | ) | 9,675 |  | (3,834 | ) | 9,398 |
Investing activities |  |  |  |  |  |
Capital expenditures | (75 | ) | — |  | — |  | (5,417 | ) | — |  | (5,492 | )
Long-term investments and restricted long-term investments | (26 | ) | (11 | ) | — |  | (1,122 | ) | — |  | (1,159 | )
Distributions from equity investments in excess of cumulative earnings | — |  | 24 |  | 1,196 |  | 393 |  | (1,196 | ) | 417 |
Additions to intangible assets | (68 | ) | — |  | — |  | (132 | ) | — |  | (200 | )
Affiliate loans, net | — |  | — |  | — |  | (314 | ) | — |  | (314 | )
Proceeds from disposition | — |  | — |  | — |  | 2,110 |  | — |  | 2,110 |
Contributions to subsidiaries | (4,759 | ) | — |  | (12 | ) | — |  | 4,771 |  | — |
Return of share capital from subsidiary companies | 5,281 |  | — |  | — |  | — |  | (5,281 | ) | — |
Advances to affiliates | (50,897 | ) | — |  | (2,778 | ) | (60,787 | ) | 114,462 |  | — |
Repayment of advances to affiliates | 15,808 |  | — |  | 2,357 |  | 22,136 |  | (40,301 | ) | — |
Other | — |  | — |  | — |  | (20 | ) | — |  | (20 | )
Net cash (used in)/provided by investing activities | (34,736 | ) | 13 |  | 763 |  | (43,153 | ) | 72,455 |  | (4,658 | )
Financing activities |  |  |  |  |  |
Net change in short-term borrowings | — |  | — |  | — |  | (127 | ) | — |  | (127 | )
Net change in commercial paper and credit facility draws | 3,158 |  | (2,011 | ) | (1,017 | ) | 695 |  | — |  | 825 |
Debenture and term note issues, net of issue costs | 3,621 |  | — |  | — |  | 2,555 |  | — |  | 6,176 |
Debenture and term note repayments | (1,450 | ) | — |  | (2,514 | ) | (704 | ) | — |  | (4,668 | )
Contributions from noncontrolling interests | — |  | — |  | — |  | — |  | 12 |  | 12 |
Distributions to noncontrolling interests | — |  | — |  | — |  | — |  | (254 | ) | (254 | )
Contributions from redeemable noncontrolling interests | — |  | — |  | — |  | — |  | — |  | — |
Distributions to redeemable noncontrolling interests | — |  | — |  | — |  | — |  | — |  | — |
Contributions from parents | — |  | — |  | — |  | 4,771 |  | (4,771 | ) | — |
Distributions to parents | — |  | (1,014 | ) | (651 | ) | (8,888 | ) | 10,553 |  | — |
Redemption of preferred shares | — |  | — |  | — |  | (300 | ) | — |  | (300 | )
Common shares issued | 18 |  | — |  | — |  | — |  | — |  | 18 |
Preference share dividends | (383 | ) | — |  | — |  | — |  | — |  | (383 | )
Common share dividends | (5,973 | ) | — |  | — |  | — |  | — |  | (5,973 | )
Advances from affiliates | 46,860 |  | 5,678 |  | 8,249 |  | 53,675 |  | (114,462 | ) | — |
Repayment of advances from affiliates | (13,361 | ) | (4,321 | ) | (4,454 | ) | (18,165 | ) | 40,301 |  | — |
Other | — |  | (4 | ) | (7 | ) | (60 | ) | — |  | (71 | )
Net cash provided by/(used in) financing activities | 32,490 |  | (1,672 | ) | (394 | ) | 33,452 |  | (68,621 | ) | (4,745 | )
Effect of translation of foreign denominated cash and cash equivalents and restricted cash | — |  | — |  | — |  | 44 |  | — |  | 44 |
Net increase/(decrease) in cash and cash equivalents and restricted cash | — |  | 17 |  | 4 |  | 18 |  | — |  | 39 |
Cash and cash equivalents and restricted cash at beginning of year | 9 |  | 16 |  | — |  | 612 |  | — |  | 637 |
Cash and cash equivalents and restricted cash at end of year | 9 |  | 33 |  | 4 |  | 630 |  | — |  | 676 |
Condensed Consolidating Statements of Cash Flows for the year ended December 31, 2018
| Parent Issuer and Guarantor | Subsidiary Issuer and Guarantor - SEP | Subsidiary Issuer and Guarantor - EEP | Subsidiary Non-Guarantors | Consolidating and elimination adjustments | Consolidated - Enbridge
(millions of Canadian dollars) |  |  |  |  |  |
Net cash provided by/(used in) operating activities | 1,696 |  | 1,751 |  | (239 | ) | 11,683 |  | (4,389 | ) | 10,502 |
Investing activities |  |  |  |  |  |
Capital expenditures | (28 | ) | — |  | — |  | (6,778 | ) | — |  | (6,806 | )
Long-term investments and restricted long-term investments | (81 | ) | (12 | ) | — |  | (1,297 | ) | 78 |  | (1,312 | )
Distributions from equity investments in excess of cumulative earnings | 287 |  | 45 |  | 982 |  | 1,232 |  | (1,269 | ) | 1,277 |
Additions to intangible assets | (43 | ) | — |  | — |  | (497 | ) | — |  | (540 | )
Proceeds from dispositions | 1,790 |  | — |  | — |  | 2,662 |  | — |  | 4,452 |
Contributions to subsidiaries | (8,131 | ) | (79 | ) | (13 | ) | (1,655 | ) | 9,878 |  | — |
Return of share capital from subsidiaries | 3,753 |  | — |  | — |  | — |  | (3,753 | ) | — |
Advances to affiliates | (6,863 | ) | — |  | (1,703 | ) | (5,685 | ) | 14,251 |  | — |
Repayment of advances to affiliates | 9,427 |  | 518 |  | 1,504 |  | 4,124 |  | (15,573 | ) | — |
Affiliate loans, net |  |  |  | (76 | ) |  | (76 | )
Other | — |  | — |  | — |  | (12 | ) | — |  | (12 | )
Net cash provided by/(used in) investing activities | 111 |  | 472 |  | 770 |  | (7,982 | ) | 3,612 |  | (3,017 | )
Financing activities |  |  |  |  |  |
Net change in short-term borrowings | — |  | — |  | — |  | (420 | ) | — |  | (420 | )
Net change in commercial paper and credit facility draws | (734 | ) | (962 | ) | (1,009 | ) | 449 |  | — |  | (2,256 | )
Debenture and term note issues, net of issue costs | 2,554 |  | — |  | — |  | 983 |  | — |  | 3,537 |
Debenture and term note repayments | — |  | (648 | ) | (509 | ) | (3,288 | ) | — |  | (4,445 | )
Sale of noncontrolling interests in subsidiaries | — |  | — |  | — |  | — |  | 1,289 |  | 1,289 |
Contributions from noncontrolling interests | — |  | — |  | — |  | — |  | 24 |  | 24 |
Distributions to noncontrolling interests | — |  | — |  | — |  | — |  | (857 | ) | (857 | )
Contributions from redeemable noncontrolling interests | — |  | — |  | — |  | — |  | 70 |  | 70 |
Distributions to redeemable noncontrolling interests | — |  | — |  | — |  | — |  | (325 | ) | (325 | )
Contributions from parents | — |  | — |  | 1,007 |  | 8,223 |  | (9,230 | ) | — |
Distributions to parents | — |  | (1,902 | ) | (666 | ) | (6,564 | ) | 9,132 |  | — |
Sponsored Vehicle buy-in cash payment | (64 | ) | — |  | — |  | — |  | — |  | (64 | )
Redemption of preferred shares | — |  | — |  | — |  | (210 | ) | — |  | (210 | )
Common shares issued | 21 |  | 648 |  | — |  | — |  | (648 | ) | 21 |
Preference share dividends | (364 | ) | — |  | — |  | — |  | — |  | (364 | )
Common share dividends | (3,480 | ) | — |  | — |  | — |  | — |  | (3,480 | )
Advances from affiliates | 710 |  | 1,474 |  | 3,501 |  | 8,566 |  | (14,251 | ) | — |
Repayment of advances from affiliates | (443 | ) | (826 | ) | (2,855 | ) | (11,449 | ) | 15,573 |  | — |
Other | — |  | (5 | ) | — |  | (18 | ) | — |  | (23 | )
Net cash (used in)/provided by financing activities | (1,800 | ) | (2,221 | ) | (531 | ) | (3,728 | ) | 777 |  | (7,503 | )
Effect of translation of foreign denominated cash and cash equivalents and restricted cash | — |  | — |  | — |  | 68 |  | — |  | 68 |
Net increase in cash and cash equivalents and restricted cash | 7 |  | 2 |  | — |  | 41 |  | — |  | 50 |
Cash and cash equivalents and restricted cash at beginning of year | 2 |  | 14 |  | — |  | 571 |  | — |  | 587 |
Cash and cash equivalents and restricted cash at end of year | 9 |  | 16 |  | — |  | 612 |  | — |  | 637 |
Condensed Consolidating Statements of Cash Flows for the year ended December 31, 2017
| Parent Issuer and Guarantor | Subsidiary Issuer and Guarantor - SEP | Subsidiary Issuer and Guarantor - EEP | Subsidiary Non-Guarantors | Consolidating and elimination adjustments | Consolidated - Enbridge
(millions of Canadian dollars) |  |  |  |  |  |
Net cash (used in)/provided by operating activities | 620 |  | 355 |  | (695 | ) | 9,654 |  | (3,276 | ) | 6,658 |
Investing activities |  |  |  |  |  |
Capital expenditures | (21 | ) | — |  | — |  | (8,266 | ) | — |  | (8,287 | )
Long-term investments and restricted long-term investments | (202 | ) | (51 | ) | — |  | (3,535 | ) | 202 |  | (3,586 | )
Distributions from equity investments in excess of cumulative earnings | 36 |  | 22 |  | 921 |  | 103 |  | (957 | ) | 125 |
Additions to intangible assets | (47 | ) | — |  | — |  | (742 | ) | — |  | (789 | )
Cash acquired in Merger Transaction | — |  | — |  | — |  | 682 |  | — |  | 682 |
Proceeds from dispositions | — |  | — |  | 1,742 |  | 1,103 |  | (2,217 | ) | 628 |
Contributions to subsidiaries | (4,866 | ) | — |  | (2,056 | ) | — |  | 6,922 |  | — |
Return of share capital from subsidiaries | 2,192 |  | — |  | 1,532 |  | — |  | (3,724 | ) | — |
Advances to affiliates | (7,145 | ) | (519 | ) | (1,410 | ) | (3,020 | ) | 12,094 |  | — |
Repayment of advances to affiliates | 4,506 |  | — |  | 2,129 |  | 2,887 |  | (9,522 | ) | — |
Affiliate loans, net | — |  | — |  | — |  | (22 | ) | — |  | (22 | )
Other | — |  | — |  | — |  | 212 |  | — |  | 212 |
Net cash (used in)/provided by investing activities | (5,547 | ) | (548 | ) | 2,858 |  | (10,598 | ) | 2,798 |  | (11,037 | )
Financing activities |  |  |  |  |  |
Net change in short-term borrowings | — |  | — |  | — |  | 721 |  | — |  | 721 |
Net change in commercial paper and credit facility draws | (1,845 | ) | 1,965 |  | (316 | ) | (1,053 | ) | — |  | (1,249 | )
Debenture and term note issues, net of issue costs | 8,177 |  | 519 |  | — |  | 787 |  | — |  | 9,483 |
Debenture and term note repayments | (1,711 | ) | (533 | ) | — |  | (2,810 | ) | — |  | (5,054 | )
Purchase of interest in consolidated subsidiary | — |  | — |  | (475 | ) | (1,969 | ) | 2,217 |  | (227 | )
Contributions from noncontrolling interests | — |  | — |  | — |  | — |  | 832 |  | 832 |
Distributions to noncontrolling interests | — |  | — |  | — |  | — |  | (919 | ) | (919 | )
Contributions from redeemable noncontrolling interests | 563 |  | — |  | — |  | — |  | 615 |  | 1,178 |
Distributions to redeemable noncontrolling interests | — |  | — |  | — |  | — |  | (247 | ) | (247 | )
Contributions from parents | — |  | — |  | — |  | 6,922 |  | (6,922 | ) | — |
Distributions to parents | — |  | (1,987 | ) | (789 | ) | (6,093 | ) | 8,869 |  | — |
Preference shares issued | 489 |  | — |  | — |  | — |  | — |  | 489 |
Redemption of preferred shares | — |  | — |  | (1,613 | ) | 1,613 |  | — |  | — |
Common shares issued | 1,549 |  | 227 |  | 1,646 |  | — |  | (1,873 | ) | 1,549 |
Preference share dividends | (330 | ) | — |  | (478 | ) | — |  | 478 |  | (330 | )
Common share dividends 1 | (2,336 | ) | — |  | — |  | (414 | ) | — |  | (2,750 | )
Advances from affiliates | 407 |  | — |  | 2,613 |  | 9,074 |  | (12,094 | ) | — |
Repayment of advances from affiliates | (40 | ) | — |  | (2,847 | ) | (6,635 | ) | 9,522 |  | — |
Net cash provided by/(used in) financing activities | 4,923 |  | 191 |  | (2,259 | ) | 143 |  | 478 |  | 3,476 |
Effect of translation of foreign denominated cash and cash equivalents and restricted cash | — |  | — |  | (2 | ) | (70 | ) | — |  | (72 | )
Net decrease in cash and cash equivalents and restricted cash | (4 | ) | (2 | ) | (98 | ) | (871 | ) | — |  | (975 | )
Cash and cash equivalents and restricted cash at beginning of year | 6 |  | 16 |  | 98 |  | 1,442 |  | — |  | 1,562 |
Cash and cash equivalents and restricted cash at end of year | 2 |  | 14 |  | — |  | 571 |  | — |  | 587 |
1 Common share dividends for the year ended December 31, 2017 includes amounts distributed by Spectra Energy Corp. related to dividends accrued prior to the Merger Transaction.

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

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration