COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

3 Months Ended

Mar. 31, 2021

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Schedule of changes in AOCI attributable to Enbridge Inc. common shareholders

Changes in Accumulated Other Comprehensive Income (AOCI) attributable to our common shareholders for the three months ended March 31, 2021 and 2020 are as follows:


	Cash Flow Hedges	Excluded Components of Fair Value Hedges	Net Investment Hedges	Cumulative Translation Adjustment	Equity Investees	Pension and OPEB Adjustment	Total
(millions of Canadian dollars)
Balance as at January 1, 2021	(1,326)	5	(215)	568	66	(499)	(1,401)
Other comprehensive income/(loss) retained in AOCI	493	(1)	105	(774)	(26)	—	(203)
Other comprehensive (income)/loss reclassified to earnings
Interest rate contracts1	63	—	—	—	—	—	63
Commodity contracts2	1	—	—	—	—	—	1
Foreign exchange contracts3	1	—	—	—	—	—	1

Amortization of pension and OPEB actuarial loss and prior service costs4	—	—	—	—	—	7	7
Other	17	—	—	(20)	3	—	—
	575	(1)	105	(794)	(23)	7	(131)
Tax impact
Income tax on amounts retained in AOCI	(120)	—	(12)	—	4	—	(128)
Income tax on amounts reclassified to earnings	(13)	—	—	—	—	(2)	(15)
	(133)	—	(12)	—	4	(2)	(143)

Balance as at March 31, 2021	(884)	4	(122)	(226)	47	(494)	(1,675)


	Cash Flow Hedges	Excluded Components of Fair Value Hedges	Net Investment Hedges	Cumulative Translation Adjustment	Equity Investees	Pension and OPEB Adjustment	Total
(millions of Canadian dollars)
Balance as at January 1, 2020	(1,073)	—	(317)	1,396	67	(345)	(272)
Other comprehensive income/(loss) retained in AOCI	(693)	3	(715)	5,459	(7)	—	4,047
Other comprehensive loss reclassified to earnings
Interest rate contracts1	43	—	—	—	—	—	43

Foreign exchange contracts3	1	—	—	—	—	—	1

Amortization of pension and OPEB actuarial loss and prior service costs4	—	—	—	—	—	4	4
	(649)	3	(715)	5,459	(7)	4	4,095
Tax impact
Income tax on amounts retained in AOCI	182	—	—	—	(3)	—	179
Income tax on amounts reclassified to earnings	(12)	—	—	—	—	(1)	(13)
	170	—	—	—	(3)	(1)	166

Balance as at March 31, 2020	(1,552)	3	(1,032)	6,855	57	(342)	3,989

1 Reported within Interest expense in the Consolidated Statements of Earnings.

2 Reported within Transportation and other services revenues, Commodity sales revenues, Commodity costs and Operating and

administrative expense in the Consolidated Statements of Earnings.

3 Reported within Transportation and other services revenues and Net foreign currency gain/(loss) in the Consolidated Statements of Earnings.

4 These components are included in the computation of net periodic benefit costs and are reported within Other income/(expense) in the Consolidated Statements of Earnings.