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Consolidated Statements of Income - CAD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating revenues    
Total operating revenues (note 6) $ 7,588.0 $ 5,765.0
Operating expenses    
Operating, maintenance and general expenses ("OM&G") 1,596.0 1,368.0
Provincial, state, and municipal taxes 367.0 330.0
Depreciation and amortization 952.0 902.0
Impairment charge (note 22) 73.0 0.0
Total operating expenses 5,959.0 4,835.0
Income from operations 1,629.0 930.0
Income from equity investments (note 8) 129.0 143.0
Other income, net (note 9) 145.0 93.0
Interest expense, net 709.0 611.0
Income before provision for income taxes 1,194.0 555.0
Income tax expense (recovery) (note 10) 185.0 (6.0)
Net income 1,009.0 561.0
Non-controlling interest in subsidiaries 1.0 1.0
Preferred stock dividends 63.0 50.0
Net income attributable to common shareholders $ 945.1 $ 510.5
Earnings per common share (note 12)    
Basic $ 3.56 $ 1.98
Diluted $ 3.55 $ 1.98
Weighted average shares of common stock outstanding (in millions) (note 12)    
Basic 265.5 257.2
Diluted 265.9 258.0
Dividends per common share declared $ 2.6775 $ 2.5750
Regulated | Gas Revenue    
Operating revenues    
Total operating revenues (note 6) $ 1,681.0 $ 1,261.0
Operating expenses    
Fuel for generation and purchased power 800.0 472.0
Regulated | Electric Revenue    
Operating revenues    
Total operating revenues (note 6) 5,473.0 4,665.0
Operating expenses    
Fuel for generation and purchased power $ 2,171.0 $ 1,763.0