← ENBRIDGE INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $2.1b
$2.9b +38.18%
$2.9b +0.80%
$5.7b +97.95%
$3.4b -41.05%
$6.2b +84.03%
$3.0b -51.48%
$6.2b +106.16%
$5.4b -12.11%
$7.5b +37.68%
—
Net Income (Loss) Available to Common Stockholders, Basic $1.8b
$2.5b +42.40%
$2.5b -0.55%
$5.3b +111.61%
$3.0b -43.95%
$5.8b +94.97%
$2.6b -55.48%
$5.8b +125.53%
$5.1b -13.46%
$7.1b +39.96%
—
Net Income (Loss) Attributable to Noncontrolling Interest $240.0m $407.0m $451.0m $122.0m $53.0m $125.0m ($65.0m) ($133.0m) $190.0m — —
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $2.3b $3.3b $3.3b $5.8b $3.4b $6.3b $2.9b $6.1b $5.6b $7.8b —
Amortization of Deferred Charges $20.0m — — — — — — — — — —
Amortization of Intangible Assets $177.0m $280.0m $281.0m $296.0m $294.0m $348.0m $483.0m $535.0m $530.0m $534.0m —
Depreciation $2.0b $2.9b $2.9b $3.0b $3.4b $3.5b $3.8b $4.0b $4.6b $5.1b $5.7b
Depreciation, Depletion and Amortization $2.2b $3.2b $3.2b $3.4b $3.7b $3.9b $4.3b $4.6b $5.2b $5.7b $5.7b
Deferred Income Tax Expense (Benefit) $43.0m ($2.9b) ($148.0m) $1.2b $447.0m $1.1b $957.0m $1.4b $719.0m $1.0b $689.0m
Share-based Payment Arrangement, Expense — $165.0m $106.0m $117.0m $145.0m $157.0m $260.0m $154.0m $186.0m $285.0m —
Equity Method Investment, Other than Temporary Impairment — — — — $2.4b $111.0m $0 — — — —
Goodwill, Impairment Loss $0 $102.0m $1.0b $0 $0 — $2.5b $0 $0 — $240.0m
Impairment $1.6b — — — — — — — — — —
Equity Method Investment, Realized Gain (Loss) on Disposal — — — — — — $1.1b $0 $0 $0 —
Income (Loss) from Equity Method Investments $428.0m $1.1b $1.5b $1.5b $1.1b $1.7b $2.1b $1.8b $2.3b $2.2b —
Nonoperating Income (Expense) — $452.0m ($52.0m) $435.0m $238.0m $979.0m ($589.0m) $1.2b — — —
Other Nonoperating Income (Expense) $1.0b $199.0m $516.0m $258.0m $74.0m $374.0m ($589.0m) $1.2b ($1.3b) $1.6b —
Changes in operating assets and liabilities:
Changes in operating assets and liabilities (Note 29) ($358.0m) — — — — — — — — — —
Increase (Decrease) in Inventories $371.0m $289.0m ($164.0m) $24.0m $254.0m $118.0m $599.0m ($763.0m) ($177.0m) $166.0m ($166.0m)
Inventory revaluation allowance $245.0m — — — — — — — — — —
Other $198.0m — — — — — — — — — —
Other Operating Income (Expense), Net — — — — — — $186.0m $382.0m $564.0m — —
Net Cash Provided by (Used in) Operating Activities $5.2b
$6.6b +26.35%
$10.5b +59.51%
$9.4b -10.51%
$9.8b +4.08%
$9.3b -5.37%
$11.2b +21.33%
$14.2b +26.46%
$12.6b -11.27%
$12.3b -2.62%
$12.4b +1.32%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $5.1b $8.3b $6.8b $5.5b $5.4b $7.8b $4.6b $4.7b $6.7b $9.0b ($11.0b)
Long-term investments ($467.0m) — — — — — — — — — —
Restricted long-term investments ($46.0m) — — — — — — — — — —
Acquisitions ($644.0m) — — — — — — — — — $0
Payments to Acquire Businesses, Net of Cash Acquired $644.0m $0 $0 — $24.0m $3.8b $828.0m $954.0m $13.5b $0 $0
Payments for (Proceeds from) Other Investing Activities — — $88.0m $20.0m $0 $0 — $61.0m $56.0m $46.0m —
Net Cash Provided by (Used in) Investing Activities ($5.2b) ($11.0b) ($3.0b) ($4.7b) ($5.2b) ($10.7b) ($5.3b) ($6.0b) ($20.4b) ($10.5b) ($11.8b)
Cash flows from financing activities:
Net change in bank indebtedness and short-term borrowings $14.0m — — — — — — — — — —
Net change in commercial paper and credit facility draws ($2.3b) — — — — — — — — — —
Proceeds from Issuance of Long-term Debt $4.1b $9.5b $3.5b $6.2b $5.2b $8.0b — — — — $9.7b
Repayments of Long-term Debt $1.9b $5.1b $4.4b $4.7b $4.5b $2.3b $4.2b $4.8b $6.6b $6.8b ($3.1b)
Payments for Repurchase of Common Stock — — — — — — $151.0m $125.0m $0 $0 —
Payments of Ordinary Dividends, Common Stock $1.1b $2.8b $3.5b $6.0b $6.6b $6.8b $7.0b $7.3b $7.9b $8.2b ($8.8b)
Proceeds from Issuance of Common Stock $2.3b $1.5b $0 $18.0m $5.0m $5.0m $3.0m $4.5b $2.5b $28.0m $22.0m
Common share dividends ($1k) — — — — — — — — — —
Dividends Payable, Current — $1.2b $1.5b $1.7b $1.7b $1.8b $1.8b $2.0b $2.1b $2.1b —
Payments of Dividends — $3.5b — — — — — — — — ($8.8b)
Preference share dividends ($293) — — — — — — — — — —
Proceeds from (Payments for) Other Financing Activities — — ($23.0m) ($71.0m) ($90.0m) ($87.0m) ($314.0m) ($85.0m) ($40.0m) ($85.0m) —
Net Cash Provided by (Used in) Financing Activities $1.1b
$3.5b +215.43%
($7.5b) -315.85%
($4.7b) +36.76%
($4.8b) -0.53%
$1.2b +125.91%
($5.4b) -539.16%
($2.9b) +47.24%
$3.5b +223.74%
($2.4b) -167.72%
$54.0m +102.25%
Increase/(decrease) in cash and cash equivalents $1.1b — — — — — — — — — —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($19.0m) — $50.0m $39.0m ($186.0m) ($170.0m) $587.0m $5.1b ($4.0b) ($680.0m) $2.2b
Cash and cash equivalents at beginning of year - continuing operations $2.1b — — — — — — — — — $1.4b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $637.0m $676.0m $490.0m $320.0m $907.0m $6.0b $2.0b $1.3b $2.2b
Changes in restricted cash ($40.0m) — — — — — — — — — —
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($19.0m) — $68.0m $44.0m ($20.0m) ($5.0m) $55.0m ($216.0m) $234.0m ($47.0m) $54.0m
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Financial Items
Additions to intangible assets ($127.0m) — — — — — — — — — —
Affiliate loans, net ($118.0m) — — — — — — — — — —
Asset Retirement Obligation, Accretion Expense $7.0m $31.0m $34.0m $22.0m $12.0m $6.0m $7.0m $28.0m $33.0m $29.0m —
Cash and cash equivalents at end of year $2.1b — — — — — — — — — $2.2b
Cash distributions in excess of equity earnings $171.0m — — — — — — — — — —
Cash provided by continuing operations $5.2b — — — — — — — — — —
Cash used in continuing operations ($5.2b) — — — — — — — — — —
Changes in environmental liabilities, net of recoveries ($4.0m) — — — — — — — — — —
Changes in unrealized (gains)/loss on derivative instruments, net ($509.0m) — — — — — — — — — —
Common shares issued $2.3b — — — — — — — — — —
Contributions from noncontrolling interests $28.0m — — — — — — — — — —
Contributions from redeemable noncontrolling interests $591.0m — — — — — — — — — —
Debenture and term note issues $4.1b — — — — — — — — — —
Debenture and term note repayments ($1.9b) — — — — — — — — — —
Derivative, Gain (Loss) on Derivative, Net — $2.0m ($8.0m) — $265.0m $59.0m ($431.0m) ($97.0m) $23.0m $160.0m —
Distributions to noncontrolling interests ($720.0m) — — — — — — — — — —
Distributions to redeemable noncontrolling interests ($202.0m) — — — — — — — — — —
Earnings/(loss) $2.3b — — — — — — — — — ($2.1b)
Effect of translation of foreign denominated cash and cash equivalents ($19.0m) — — — — — — — — — —
Environmental Remediation Expense ($2.0m) — — — — — — — — — —
Foreign Currency Transaction Gain (Loss), Realized — — — — — — $92.0m ($129.0m) $121.0m ($428.0m) —
Foreign Currency Transaction Gain (Loss), Unrealized — — — — — — ($1.1b) $821.0m ($2.2b) $1.1b —
Foreign Currency Transaction Gain (Loss), before Tax $91.0m $237.0m ($522.0m) $477.0m $181.0m $286.0m — — — — —
Gain (Loss) on Disposition of Assets $848.0m $120.0m ($8.0m) ($254.0m) $6.0m $319.0m ($12.0m) $15.0m — — —
Gain (Loss) on Disposition of Business — $16.0m ($46.0m) ($300.0m) ($17.0m) $319.0m — — — — —
Gains on dispositions (Note 27) ($848.0m) — — — — — — — — — —
General and Administrative Expense $4.4b $6.4b $6.8b $7.0b $6.7b $6.7b $8.2b $8.6b $9.4b $10.0b —
Goodwill $78.0m $34.5b $34.5b $33.2b $32.7b $32.8b $32.4b $31.8b $36.6b $35.3b $240.0m
Hedge ineffectiveness $61.0m — — — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $1.8b — — — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $2.3b $3.3b $3.3b $5.8b $3.4b $6.3b — — — — —
Income Tax Expense (Benefit) $142.0m ($2.7b) $237.0m $1.7b $774.0m $1.4b $1.6b $1.8b $1.7b $2.0b —
Income Taxes Paid, Net $194.0m $172.0m $277.0m $571.0m $524.0m $489.0m $495.0m $578.0m $861.0m $1.2b —
Interest Expense Nonoperating — — — — — — — — $4.4b $5.0b —
Interest Paid, Excluding Capitalized Interest, Operating Activities $1.8b — $2.5b $2.7b $2.5b $2.4b $2.9b $3.4b $4.1b $4.9b —
Investment Income, Interest $3.0m — — — — — — — — — —
Net financing activities $1.1b — — — — — — — — — —
Net investing activities ($5.2b) — — — — — — — — — —
Net operating activities $5.2b — — — — — — — — — —
Operating Lease, Expense — — — $113.0m $107.0m $95.0m $118.0m $131.0m $132.0m — —
Operating Lease, Lease Income — — — $625.0m $626.0m $596.0m $587.0m $540.0m $550.0m $571.0m —
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax ($98.0m) ($313.0m) ($152.0m) — — — — — — — —
Preference shares issued $737.0m — — — — — — — — — —
Proceeds from Contributions from Parent — — $0 $0 — — — — — — —
Proceeds from Noncontrolling Interests $28.0m $832.0m $24.0m $12.0m $23.0m $15.0m $13.0m $11.0m $4.0m $10.0m —
Proceeds from dispositions $1.4b — — — — — — — — — —
Supplemental disclosure of cash flow information:
Unrealized (gains)/loss on intercompany loan $43.0m — — — — — — — — — —
Unrealized Gain (Loss) on Derivatives $509.0m $1.2b ($903.0m) $1.8b $756.0m $173.0m ($1.3b) $1.2b ($2.1b) $1.3b —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.