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Consolidated Statements of Income - CAD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating revenues    
Total operating revenues (note 5) $ 7,563.0 $ 7,588.0
Operating expenses    
Operating, maintenance and general expenses ("OM&G") 1,879.0 1,596.0
Provincial, state, and municipal taxes 433.0 367.0
Depreciation and amortization 1,049.0 952.0
GBPC Impairment charge (note 22) 0.0 73.0
Total operating expenses 5,769.0 5,959.0
Income from operations 1,794.0 1,629.0
Income from equity investments (note 7) 146.0 129.0
Other income, net (note 8) 158.0 145.0
Interest expense, net (note 9) (925.0) (709.0)
Income before provision for income taxes 1,173.0 1,194.0
Income tax expense (note 10) 128.0 185.0
Net income 1,045.0 1,009.0
Non-controlling interest in subsidiaries 1.0 1.0
Preferred stock dividends 66.0 63.0
Net income attributable to common shareholders $ 977.7 $ 945.1
Earnings per common share (note 12)    
Basic $ 3.57 $ 3.56
Diluted $ 3.57 $ 3.55
Weighted average shares of common stock outstanding (in millions) (note 12)    
Basic 273.6 265.5
Diluted 273.8 265.9
Dividends per common share declared $ 2.7875 $ 2.6775
Regulated | Gas Revenue    
Operating revenues    
Total operating revenues (note 5) $ 1,489.0 $ 1,681.0
Operating expenses    
Fuel for generation and purchased power 527.0 800.0
Regulated | Electric Revenue    
Operating revenues    
Total operating revenues (note 5) 5,746.0 5,473.0
Operating expenses    
Fuel for generation and purchased power 1,881.0 2,171.0
Non-Regulated    
Operating revenues    
Total operating revenues (note 5) $ 328.0 $ 434.0