XML 20 R2.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Income - CAD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating revenues    
Total operating revenues (note 6) $ 7,200.0 $ 7,563.0
Operating expenses    
Operating, maintenance and general expenses ("OM&G") 1,918.0 1,879.0
Provincial, state, and municipal taxes 427.0 433.0
Depreciation and amortization 1,162.0 1,049.0
Impairment charges (note 23) 225.0 0.0
Total operating expenses 6,120.0 5,769.0
Income from operations 1,080.0 1,794.0
Income from equity investments (note 8) 99.0 146.0
Other income, net (note 9) 203.0 158.0
Interest expense, net (note 10) (973.0) (925.0)
Income before provision for income taxes 409.0 1,173.0
Income tax (recovery) expense (note 11) (159.0) 128.0
Net income 568.0 1,045.0
Non-controlling interest in subsidiaries ("NCI") 1.0 1.0
Preferred stock dividends 73.0 66.0
Net income attributable to common shareholders $ 493.6 $ 977.7
Earnings per common share (note 13)    
Basic $ 1.71 $ 3.57
Diluted $ 1.71 $ 3.57
Weighted average shares of common stock outstanding (in millions) (note 13)    
Basic 289.1 273.6
Diluted 289.2 273.8
Dividends per common share declared $ 2.8775 $ 2.7875
Regulated | Gas Revenue    
Operating revenues    
Total operating revenues (note 6) $ 1,575.0 $ 1,489.0
Operating expenses    
Fuel for generation and purchased power 396.0 527.0
Regulated | Electric Revenue    
Operating revenues    
Total operating revenues (note 6) 5,872.0 5,746.0
Operating expenses    
Fuel for generation and purchased power 1,992.0 1,881.0
Non-Regulated    
Operating revenues    
Total operating revenues (note 6) $ (247.0) $ 328.0