XML 169 R20.htm IDEA: XBRL DOCUMENT

Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2019

11. Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

11. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The components of accumulated other comprehensive income are as follows:

millions of Canadian dollars	Unrealized (loss) gain on translation of self-sustaining foreign operations		Net change in net investment hedges		(Losses) gains on derivatives recognized as cash flow hedges		Net change on available-for-sale investments		Net change in unrecognized pension and post-retirement benefit costs		Total AOCI
For the year ended December 31, 2019
Balance, January 1, 2019	$	654	$	(74)	$	(7)	$	(1)	$	(234)	$	338
Other comprehensive income (loss) before reclassifications		(401)		78		3		-		-		(320)
Amounts reclassified from accumulated other comprehensive income loss (gain)		-		-		3		-		74		77
Net current period other comprehensive income (loss)		(401)		78		6		-		74		(243)
Balance, December 31, 2019	$	253	$	4	$	(1)	$	(1)	$	(160)	$	95

For the year ended December 31, 2018
Balance, January 1, 2018 (1)	$	30	$	48	$	(3)	$	3	$	(243)	$	(165)
Other comprehensive income (loss) before reclassifications		624		(122)		2		-		-		504
Amounts reclassified from accumulated other comprehensive income loss (gain)		-		-		(6)		(4)		9		(1)
Net current period other comprehensive income (loss)		624		(122)		(4)		(4)		9		503
Balance, December 31, 2018	$	654	$	(74)	$	(7)	$	(1)	$	(234)	$	338
(1) The January 1, 2018 balance of AOCI and Regulatory assets includes a prior period reclassification of $37 million in unrecognized pension and post-retirement benefit costs and $15 million in deferred taxes ($22 million, net of tax) to be consistent with current year presentation.

The reclassifications out of accumulated other comprehensive income (loss) are as follows:

For the	Year ended December 31
millions of Canadian dollars			2019		2018
Affected line item in the Consolidated Financial Statements
Losses (gain) on derivatives recognized as cash flow hedges
Foreign exchange forwards	Operating revenue - regulated	$	3	$	(5)
Power and gas swaps	Non-regulated fuel for generation and purchased power		-		(1)
Total before tax			3		(6)
Total net of tax		$	3	$	(6)
Net change in available-for-sale investments
	Retained earnings (1)		-		(4)
Total net of tax		$	-	$	(4)
Net change in unrecognized pension and post-retirement benefit costs
Actuarial losses (gains)	Operating, maintenance and general (“OM&G”)	$	17	$	25
Past service costs (gains)	OM&G		(1)		(1)
Amounts reclassified into obligations	Pension and post-retirement benefits		39		(17)
Amounts reclassified into obligations	Regulatory assets		28		-
Total before tax			83		7
	Income tax recovery (expense)		(9)		2
Total net of tax		$	74	$	9
Total reclassifications out of AOCI, net of tax, for the period		$	77	$	(1)
(1) Related to the adoption of ASU 2016-01, Financial Instruments – Recognition and Measurement of Financial Assets and Financial Liabilities. Refer to note 2 for additional detail.