XML 70 R50.htm IDEA: XBRL DOCUMENT
v3.22.0.1

VARIABLE INTEREST ENTITIES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Assets and Liabilities of Consolidated VIEs | The following table includes assets to be used to settle liabilities of our consolidated VIEs and liabilities of our consolidated VIEs for which creditors do not have recourse to our general credit as the primary beneficiary. These assets and liabilities are included in the Consolidated Statements of Financial Position.
December 31, | 2021 1 | 2020 1
(millions of Canadian dollars) |  |
Assets |  |
Cash and cash equivalents | 247 |  | 215 |
Restricted cash | 4 |  | 1 |
Accounts receivable and other | 99 |  | 65 |
Inventory | 9 |  | 7 |
| 359 |  | 288 |
Property, plant and equipment, net | 3,052 |  | 3,201 |
Long-term investments | 16 |  | 14 |
Restricted long-term investments | 101 |  | 84 |
Deferred amounts and other assets | 2 |  | 3 |
Intangible assets, net | 108 |  | 115 |
| 3,638 |  | 3,705 |
Liabilities |  |
Accounts payable and other | 84 |  | 52 |
Other long-term liabilities | 182 |  | 175 |
Deferred income taxes | 5 |  | 5 |
| 271 |  | 232 |
| 3,367 |  | 3,473 |
1 Excludes assets and liabilities of EEP and Spectra Energy Partners, L.P. (SEP) following the subsidiary guarantees agreement entered on January 22, 2019. See Part II. Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations - Summarized Financial Information.
Schedule of the Carrying Amount of Interest in VIEs | The carrying amount of these VIEs and our estimated maximum exposure to loss as at December 31, 2021 and 2020 are presented below:
| Carrying Amount of | Maximum Exposure to
December 31, 2021 | the VIE | Loss
(millions of Canadian dollars) |  |
Aux Sable Liquid Products L.P. 1 | 113 |  | 195 |
EIH S.á r.l. 2, 8 | 38 |  | 664 |
Enbridge Renewable Infrastructure Investments S.á r.l. 3 | 54 |  | 2,121 |
Rampion Offshore Wind Limited 5 | 450 |  | 508 |
Vector Pipeline L.P. 6 | 189 |  | 374 |
Other 4,7 | 210 |  | 426 |
| 1,054 |  | 4,288 |
| Carrying Amount of | Maximum Exposure to
December 31, 2020 | the VIE | Loss
(millions of Canadian dollars) |  |
Aux Sable Liquid Products L.P. 1 | 106 |  | 187 |
Éolien Maritime France SAS 2, 8 | 96 |  | 949 |
Enbridge Renewable Infrastructure Investments S.á r.l. 3 | 100 |  | 2,516 |
PennEast Pipeline Company, LLC 4 | 116 |  | 371 |
Rampion Offshore Wind Limited 5 | 599 |  | 650 |
Vector Pipeline L.P. 6 | 201 |  | 390 |
Other 7 | 133 |  | 361 |
| 1,351 |  | 5,424 |
1 At December 31, 2021 and 2020, the maximum exposure to loss includes guarantees by us for our respective share of the VIE’s borrowing on a bank credit facility. 2 At December 31, 2021, the maximum exposure to loss includes our parental guarantees that have been committed in connection with the three French offshore wind projects for which we would be liable in the event of default by the VIE and an outstanding affiliate loan receivable for $73 million held by us as at December 31, 2021. On March 18, 2021, Enbridge Renewable Infrastructure Holdings S. á r.l. (ERIH) closed the sale of 49% of its interest in EIH S.á r.l. to the Canada Pension Plan Investment Board (CPP Investments). 3 At December 31, 2021 and 2020, the maximum exposure to loss includes our parental guarantees that have been committed in connection with the project for which we would be liable in the event of default by the VIE and an outstanding affiliate loan receivable for $807 million and $904 million held by us as at December 31, 2021 and 2020, respectively. 4 At December 31, 2021, the maximum exposure to loss is limited to our equity investment and at December 31, 2020, the maximum exposure to loss includes the remaining expected contributions to the joint venture. 5 At December 31, 2021 and 2020, the maximum exposure to loss includes our parental guarantees that have been committed in project contracts in which we would be liable for in the event of default by the VIE. 6 At December 31, 2021 and 2020, the maximum exposure to loss includes the carrying value of outstanding affiliate loans receivable for $80 million and $84 million held by us as at December 31, 2021 and 2020, respectively, and an outstanding credit facility for $105 million as at December 31, 2021 and 2020. 7 At December 31, 2021, the maximum exposure to loss includes our parental guarantees that have been committed in connection with the project for which we would be liable in the event of default by the VIE. 8 At December 31, 2020, the maximum exposure to loss includes our parental guarantees that have been committed in connection with the project for which we would be liable for in the event of default by the VIE and an outstanding affiliate loan receivable for $132 million held by us as at December 31, 2020. In relation to the sale of 49% of EIH S. á r.l.'s interest to CPP Investments, Eolien Maritime France SAS is now reported under EIH S.á r.l. in 2021.

X
- Definition Represents the carrying amount and maximum loss exposure schedule for unconsolidated variable interest entities. + References No definition available. + Details
Name: | enb_ScheduleOfCarryingAmountOfInvestmentAndMaximumLossExposureVariableInterestEntitiesTextBlockTableTextBlock
Namespace Prefix: | enb_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=123419778&loc=SL6759159-111685 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123419778&loc=d3e5747-111685 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=123419778&loc=SL6228884-111685 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123419778&loc=d3e5710-111685 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123419778&loc=d3e5728-111685 + Details
Name: | us-gaap_ScheduleOfVariableInterestEntitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration