XML 33 R21.htm IDEA: XBRL DOCUMENT
v3.23.2

REVENUES (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue |
Three months ended June 30, 2023 | Liquids Pipelines | Gas Transmission and Midstream | Gas Distribution and Storage | Renewable Power Generation | Energy Services | Eliminations and Other | Consolidated
(millions of Canadian dollars) |  |  |  |  |  |  |
Transportation revenue | 3,002 |  | 1,290 |  | 169 |  | — |  | — |  | — |  | 4,461 |
Storage and other revenue | 62 |  | 113 |  | 85 |  | — |  | — |  | — |  | 260 |
Gas distribution revenue | — |  | — |  | 796 |  | — |  | — |  | — |  | 796 |
Electricity revenue | — |  | — |  | — |  | 75 |  | — |  | — |  | 75 |
Total revenue from contracts with customers | 3,064 |  | 1,403 |  | 1,050 |  | 75 |  | — |  | — |  | 5,592 |
Commodity sales | — |  | — |  | — |  | — |  | 4,679 |  | — |  | 4,679 |
Other revenue 1,2 | 79 |  | 7 |  | (1) |  | 76 |  | — |  | — |  | 161 |
Intersegment revenue | 127 |  | — |  | 1 |  | (1) |  | — |  | (127) |  | — |
Total revenue | 3,270 |  | 1,410 |  | 1,050 |  | 150 |  | 4,679 |  | (127) |  | 10,432 |
Three months ended June 30, 2022 | Liquids Pipelines | Gas Transmission and Midstream | Gas Distribution and Storage | Renewable Power Generation | Energy Services | Eliminations and Other | Consolidated
(millions of Canadian dollars) |  |  |  |  |  |  |
Transportation revenue | 2,565 |  | 1,200 |  | 157 |  | — |  | — |  | — |  | 3,922 |
Storage and other revenue | 64 |  | 83 |  | 99 |  | — |  | — |  | — |  | 246 |
Gas gathering and processing revenue | — |  | 6 |  | — |  | — |  | — |  | — |  | 6 |
Gas distribution revenue | — |  | — |  | 919 |  | — |  | — |  | — |  | 919 |
Electricity revenue | — |  | — |  | — |  | 81 |  | — |  | — |  | 81 |
Total revenue from contracts with customers | 2,629 |  | 1,289 |  | 1,175 |  | 81 |  | — |  | — |  | 5,174 |
Commodity sales | — |  | — |  | — |  | — |  | 8,108 |  | — |  | 8,108 |
Other revenue 1,2 | (145) |  | 11 |  | (37) |  | 74 |  | 30 |  | — |  | (67) |
Intersegment revenue | 154 |  | 1 |  | — |  | — |  | — |  | (155) |  | — |
Total revenue | 2,638 |  | 1,301 |  | 1,138 |  | 155 |  | 8,138 |  | (155) |  | 13,215 |
Six months ended June 30, 2023 | Liquids Pipelines | Gas Transmission and Midstream | Gas Distribution and Storage | Renewable Power Generation | Energy Services | Eliminations and Other | Consolidated
(millions of Canadian dollars) |  |  |  |  |  |  |
Transportation revenue | 5,944 |  | 2,674 |  | 445 |  | — |  | — |  | — |  | 9,063 |
Storage and other revenue | 126 |  | 208 |  | 184 |  | — |  | — |  | — |  | 518 |
Gas distribution revenue | — |  | — |  | 3,083 |  | — |  | — |  | — |  | 3,083 |
Electricity revenue | — |  | — |  | — |  | 141 |  | — |  | — |  | 141 |
Total revenue from contracts with customers | 6,070 |  | 2,882 |  | 3,712 |  | 141 |  | — |  | — |  | 12,805 |
Commodity sales | — |  | — |  | — |  | — |  | 9,462 |  | — |  | 9,462 |
Other revenue 1,2 | 109 |  | 18 |  | (41) |  | 154 |  | — |  | — |  | 240 |
Intersegment revenue | 256 |  | 1 |  | 4 |  | (1) |  | 18 |  | (278) |  | — |
Total revenue | 6,435 |  | 2,901 |  | 3,675 |  | 294 |  | 9,480 |  | (278) |  | 22,507 |
Six months ended June 30, 2022 | Liquids Pipelines | Gas Transmission and Midstream | Gas Distribution and Storage | Renewable Power Generation | Energy Services | Eliminations and Other | Consolidated
(millions of Canadian dollars) |  |  |  |  |  |  |
Transportation revenue | 5,250 |  | 2,394 |  | 408 |  | — |  | — |  | — |  | 8,052 |
Storage and other revenue | 115 |  | 167 |  | 146 |  | — |  | — |  | — |  | 428 |
Gas gathering and processing revenue | — |  | 21 |  | — |  | — |  | — |  | — |  | 21 |
Gas distribution revenue | — |  | — |  | 3,017 |  | — |  | — |  | — |  | 3,017 |
Electricity revenue | — |  | — |  | — |  | 143 |  | — |  | — |  | 143 |
Total revenue from contracts with customers | 5,365 |  | 2,582 |  | 3,571 |  | 143 |  | — |  | — |  | 11,661 |
Commodity sales | — |  | — |  | — |  | — |  | 16,433 |  | — |  | 16,433 |
Other revenue 1,2 | 33 |  | 18 |  | (33) |  | 168 |  | 32 |  | — |  | 218 |
Intersegment revenue | 295 |  | 1 |  | 11 |  | — |  | 10 |  | (317) |  | — |
Total revenue | 5,693 |  | 2,601 |  | 3,549 |  | 311 |  | 16,475 |  | (317) |  | 28,312 |
1 Includes realized and unrealized gains and losses from our hedging program which for the three months ended June 30, 2023 were a net $3 million gain (2022 - $198 million loss) and for the six months ended June 30, 2023 were a net $52 million loss (2022 - $104 million loss). 2 Includes revenues from lease contracts for the three months ended June 30, 2023 and 2022 of $136 million and $143 million, respectively, and for the six months ended June 30, 2023 and 2022 of $280 million and $307 million, respectively. Recognition and Measurement of Revenues
Three months ended June 30, 2023 | Liquids Pipelines | Gas Transmission and Midstream | Gas Distribution and Storage | Renewable Power Generation |  | Consolidated
(millions of Canadian dollars) |  |  |  |  |  |
Revenues from products transferred at a point in time | — |  | — |  | 37 |  | — |  |  | 37 |
Revenues from products and services transferred over time 1 | 3,064 |  | 1,403 |  | 1,013 |  | 75 |  |  | 5,555 |
Total revenue from contracts with customers | 3,064 |  | 1,403 |  | 1,050 |  | 75 |  |  | 5,592 |
Three months ended June 30, 2022 | Liquids Pipelines | Gas Transmission and Midstream | Gas Distribution and Storage | Renewable Power Generation |  | Consolidated
(millions of Canadian dollars) |  |  |  |  |  |
Revenues from products transferred at a point in time | — |  | — |  | 20 |  | — |  |  | 20 |
Revenues from products and services transferred over time 1 | 2,629 |  | 1,289 |  | 1,155 |  | 81 |  |  | 5,154 |
Total revenue from contracts with customers | 2,629 |  | 1,289 |  | 1,175 |  | 81 |  |  | 5,174 |
Six months ended June 30, 2023 | Liquids Pipelines | Gas Transmission and Midstream | Gas Distribution and Storage | Renewable Power Generation |  | Consolidated
(millions of Canadian dollars) |  |  |  |  |  |
Revenues from products transferred at a point in time | — |  | — |  | 67 |  | — |  |  | 67 |
Revenues from products and services transferred over time 1 | 6,070 |  | 2,882 |  | 3,645 |  | 141 |  |  | 12,738 |
Total revenue from contracts with customers | 6,070 |  | 2,882 |  | 3,712 |  | 141 |  |  | 12,805 |
Six months ended June 30, 2022 | Liquids Pipelines | Gas Transmission and Midstream | Gas Distribution and Storage | Renewable Power Generation |  | Consolidated
(millions of Canadian dollars) |  |  |  |  |  |
Revenues from products transferred at a point in time | — |  | — |  | 36 |  | — |  |  | 36 |
Revenues from products and services transferred over time 1 | 5,365 |  | 2,582 |  | 3,535 |  | 143 |  |  | 11,625 |
Total revenue from contracts with customers | 5,365 |  | 2,582 |  | 3,571 |  | 143 |  |  | 11,661 |
1 Revenue from crude oil and natural gas pipeline transportation, storage, natural gas gathering, compression and treating, natural gas distribution, natural gas storage services and electricity sales.
Schedule of Contract with Customer, Asset and Liability | Contract Balances
| Contract Receivables | Contract Assets | Contract Liabilities
(millions of Canadian dollars) |  |  |
Balance as at June 30, 2023 | 2,182 |  | 229 |  | 2,283 |
Balance as at December 31, 2022 | 3,183 |  | 230 |  | 2,241 |

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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