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SEGMENTED INFORMATION (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Reporting Information by Segment |
Three months ended June 30, 2025 | Liquids Pipelines |  | Gas Transmission |  | Gas Distribution and Storage |  | Renewable Power Generation |  | Total Reportable Segments |
(millions of Canadian dollars) |  |  |  |  |  |  |  |  |  |
Operating revenues 1 |  | 10,837 |  |  | 1,604 |  |  | 2,016 |  |  | 145 |  |  | 14,602 |
Commodity and gas distribution costs |  | (7,741 | ) |  | (16 | ) |  | (553 | ) |  | 1 |  |  | (8,309 | )
Operating and administrative |  | (1,032 | ) |  | (514 | ) |  | (688 | ) |  | (72 | ) |  | (2,306 | )
Impairment of long-lived assets 2 |  | — |  |  | — |  |  | (330 | ) |  | — |  |  | (330 | )
Income from equity investments |  | 245 |  |  | 241 |  |  | — |  |  | 27 |  |  | 513 |
Other income |  | 22 |  |  | 127 |  |  | 65 |  |  | 8 |  |  | 222 |
Earnings before interest, income taxes and depreciation and amortization |  | 2,331 |  |  | 1,442 |  |  | 510 |  |  | 109 |  |  | 4,392 |
Eliminations and Other |  |  |  |  |  |  |  |  |  | 1,167 |
Depreciation and amortization |  |  |  |  |  |  |  |  |  | (1,391 | )
Interest expense |  |  |  |  |  |  |  |  |  | (1,181 | )
Earnings before income taxes |  |  |  |  |  |  |  |  |  | 2,987 |
Three months ended June 30, 2024 | Liquids Pipelines |  | Gas Transmission |  | Gas Distribution and Storage |  | Renewable Power Generation |  | Total Reportable Segments |
(millions of Canadian dollars) |  |  |  |  |  |  |  |  |  |
Operating revenues 1 |  | 8,158 |  |  | 1,492 |  |  | 1,384 |  |  | 106 |  |  | 11,140 |
Commodity and gas distribution costs |  | (4,909 | ) |  | (41 | ) |  | (312 | ) |  | 2 |  |  | (5,260 | )
Operating and administrative |  | (1,100 | ) |  | (604 | ) |  | (528 | ) |  | (71 | ) |  | (2,303 | )
Income from equity investments |  | 284 |  |  | 164 |  |  | 1 |  |  | 45 |  |  | 494 |
Gain on disposition of equity investments (Note 6) |  | — |  |  | 1,063 |  |  | — |  |  | 28 |  |  | 1,091 |
Other income |  | 17 |  |  | 21 |  |  | 22 |  |  | 28 |  |  | 88 |
Earnings before interest, income taxes and depreciation and amortization |  | 2,450 |  |  | 2,095 |  |  | 567 |  |  | 138 |  |  | 5,250 |
Eliminations and Other |  |  |  |  |  |  |  |  |  | (155 | )
Depreciation and amortization |  |  |  |  |  |  |  |  |  | (1,273 | )
Interest expense |  |  |  |  |  |  |  |  |  | (1,082 | )
Earnings before income taxes |  |  |  |  |  |  |  |  |  | 2,740 |
Six months ended June 30, 2025 | Liquids Pipelines |  | Gas Transmission |  | Gas Distribution and Storage |  | Renewable Power Generation |  | Total Reportable Segments |
(millions of Canadian dollars) |  |  |  |  |  |  |  |  |  |
Operating revenues 1 |  | 23,021 |  |  | 3,319 |  |  | 5,972 |  |  | 265 |  |  | 32,577 |
Commodity and gas distribution costs |  | (16,591 | ) |  | (27 | ) |  | (2,187 | ) |  | 4 |  |  | (18,801 | )
Operating and administrative |  | (2,160 | ) |  | (1,038 | ) |  | (1,460 | ) |  | (150 | ) |  | (4,808 | )
Impairment of long-lived assets 2 |  | — |  |  | — |  |  | (330 | ) |  | — |  |  | (330 | )
Income from equity investments |  | 613 |  |  | 473 |  |  | 1 |  |  | 159 |  |  | 1,246 |
Other income |  | 41 |  |  | 188 |  |  | 114 |  |  | 54 |  |  | 397 |
Earnings before interest, income taxes and depreciation and amortization |  | 4,924 |  |  | 2,915 |  |  | 2,110 |  |  | 332 |  |  | 10,281 |
Eliminations and Other |  |  |  |  |  |  |  |  |  | 1,207 |
Depreciation and amortization |  |  |  |  |  |  |  |  |  | (2,799 | )
Interest expense |  |  |  |  |  |  |  |  |  | (2,515 | )
Earnings before income taxes |  |  |  |  |  |  |  |  |  | 6,174 |
Six months ended June 30, 2024 | Liquids Pipelines |  | Gas Transmission |  | Gas Distribution and Storage |  | Renewable Power Generation |  | Total Reportable Segments |
(millions of Canadian dollars) |  |  |  |  |  |  |  |  |  |
Operating revenues 1 |  | 15,040 |  |  | 3,064 |  |  | 3,515 |  |  | 237 |  |  | 21,856 |
Commodity and gas distribution costs |  | (8,544 | ) |  | (88 | ) |  | (1,316 | ) |  | (1 | ) |  | (9,949 | )
Operating and administrative |  | (2,207 | ) |  | (1,165 | ) |  | (907 | ) |  | (140 | ) |  | (4,419 | )
Income from equity investments |  | 537 |  |  | 429 |  |  | 1 |  |  | 226 |  |  | 1,193 |
Gain on disposition of equity investments (Note 6) |  | — |  |  | 1,063 |  |  | — |  |  | 28 |  |  | 1,091 |
Other income |  | 28 |  |  | 57 |  |  | 39 |  |  | 45 |  |  | 169 |
Earnings before interest, income taxes and depreciation and amortization |  | 4,854 |  |  | 3,360 |  |  | 1,332 |  |  | 395 |  |  | 9,941 |
Eliminations and Other |  |  |  |  |  |  |  |  |  | (797 | )
Depreciation and amortization |  |  |  |  |  |  |  |  |  | (2,466 | )
Interest expense |  |  |  |  |  |  |  |  |  | (1,987 | )
Earnings before income taxes |  |  |  |  |  |  |  |  |  | 4,691 |
1 Refer to Note 3 - Revenue for a reconciliation of segment Operating revenues to the Consolidated Statements of Earnings. 2 The Gas Distribution and Storage segment includes the impact of an impairment recognized for certain rate-regulated assets related to pension and other disallowances as a result of the Public Utilities Commission of Ohio's (Ohio Commission) June 2025 order related to Enbridge Gas Ohio's rate case. Capital Expenditures 1
| Three months ended June 30, |  | Six months ended June 30, |
| 2025 |  | 2024 |  | 2025 |  | 2024 |
(millions of Canadian dollars) |  |  |  |  |  |  |  |
Liquids Pipelines |  | 284 |  |  | 209 |  |  | 593 |  |  | 498 |
Gas Transmission |  | 691 |  |  | 666 |  |  | 1,295 |  |  | 1,161 |
Gas Distribution and Storage |  | 735 |  |  | 433 |  |  | 1,396 |  |  | 737 |
Renewable Power Generation |  | 214 |  |  | 48 |  |  | 359 |  |  | 117 |
Eliminations and Other |  | 16 |  |  | 8 |  |  | 51 |  |  | 51 |
|  | 1,940 |  |  | 1,364 |  |  | 3,694 |  |  | 2,564 |
1 Capital expenditures are cash basis plus equity component of the allowance for funds used during construction. Property, Plant and Equipment
| June 30, 2025 |  | December 31, 2024 |
(millions of Canadian dollars) |  |  |  |
Liquids Pipelines |  | 51,835 |  |  | 53,863 |
Gas Transmission |  | 33,981 |  |  | 34,683 |
Gas Distribution and Storage |  | 38,261 |  |  | 38,636 |
Renewable Power Generation |  | 3,781 |  |  | 3,612 |
Eliminations and Other |  | 321 |  |  | 310 |
|  | 128,179 |  |  | 131,104 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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