Enbridge Inc (ENB) financial statements (2020 and earlier)

Company profile

Business Address 200 425 - 1ST STREET SW
CALGARY, AB T2P 3L8
State of Incorp. AB
Fiscal Year End December 31
SIC 461 - Pipelines, Except Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 815708702518643
Cash and cash equivalents 815708702518643
Restricted cash and investments 57595511983
Receivables 8985926,09875
Inventory, net of allowances, customer advances and progress billings 1,2611,2841,0471,3391,362
Inventory 1,2611,2841,0471,3391,362
Derivative instruments and hedges, assets    498 
Other undisclosed current assets 5,8336,2576,486 5,668
Total current assets: 8,0558,3938,3828,5727,831
Noncurrent Assets
Operating lease, right-of-use asset 733738 
Property, plant and equipment 94,37993,20293,87594,54090,679
Long-term investments and receivables 16,83116,53116,90216,80415,983
Long-term investments 16,83116,53116,90216,70715,983
Due from related parties    97 
Intangible assets, net (including goodwill) 35,88435,55736,19636,83136,750
Goodwill 33,66833,34233,89534,45933,477
Intangible assets, net (excluding goodwill) 2,2162,2152,3012,3723,273
Assets held-in-trust    323 
Deferred income tax assets 1,2131,204 
Other undisclosed noncurrent assets 9,5469,20311,1539,83511,980
Total noncurrent assets: 158,586156,435158,126158,333155,392
TOTAL ASSETS: 166,641164,828166,508166,905163,223
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 5666265737,616611
Accounts payable    804 
Accrued liabilities    4,604 
Interest and dividends payable 5666265732,208611
Debt 5,8055,5605,1914,2834,767
Derivative instruments and hedges, liabilities    1,234 
Accrued environmental loss contingencies    27 
Asset retirement obligation    6 
Due to related parties 47263040190
Other liabilities    854 
Other undisclosed current liabilities 7,1307,1567,3317957,599
Total current liabilities: 13,54813,36813,12514,85513,167
Noncurrent Liabilities
Long-term debt and lease obligation, including: 60,87960,01760,68060,32758,707
Operating lease, liability 705714 
Other undisclosed long-term debt and lease obligation 60,17459,30360,68060,32758,707
Liabilities, other than long-term debt 19,53818,6389,0449,8179,090
Asset retirement obligations    983 
Deferred income tax liabilities 10,1059,767 
Other liabilities 9,4338,8719,0448,8349,090
Other undisclosed noncurrent liabilities   9,7408,47110,040
Total noncurrent liabilities: 80,41778,65579,46478,61577,837
Total liabilities: 93,96592,02392,58993,47091,004
Temporary equity, carrying amount     4,321
Stockholders' equity
Stockholders' equity attributable to parent, including: 69,28769,35470,30569,47060,787
Preferred stock 7,7477,7477,7477,7477,747
Common stock 64,73564,73264,72864,67751,944
Additional paid in capital 20619472 4,346
Accumulated other comprehensive income 5821241,4492,672570
Accumulated deficit (3,932)(3,392)(3,640)(5,538)(3,718)
Other undisclosed stockholders' equity attributable to parent (51)(51)(51)(88)(102)
Stockholders' equity attributable to noncontrolling interest 3,3893,4513,6143,9657,111
Total stockholders' equity: 72,67672,80573,91973,43567,898
TOTAL LIABILITIES AND EQUITY: 166,641164,828166,508166,905163,223

Income statement (P&L) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
Revenues(37,717)11,59813,26312,85611,56211,345
Cost of revenue (7,320)(8,441)(7,772)(7,364)(7,017)
Gross profit: 4,2784,8225,0844,1984,328
Operating expenses (1,846)(1,695)(1,625)(787)(1,656)
Other undisclosed operating loss (844)(842)(840)(1,898)(1,818)
Operating income: 1,5882,2852,6191,513854
Nonoperating income 382052605824
Foreign currency transaction gain (loss), before tax (43)140214(351)57
Other nonoperating income (expense) 816546455(33)
Interest and debt expense (644)(637)(685)(661)(696)
Income from continuing operations before equity method investments, income taxes: 9821,8532,194910182
Income from equity method investments 333413413433378
Income from continuing operations before income taxes: 1,3152,2662,6071,343560
Income tax expense (255)(436)(584)(60)(347)
Net income: 1,0601,8302,0231,283213
Net income (loss) attributable to noncontrolling interest (15)2(37)(99)(209)
Net income attributable to parent: 1,0451,8321,9861,1844
Preferred stock dividends and other adjustments (96)(96)(95)(95)(94)
Net income (loss) available to common stockholders, diluted: 9491,7361,8911,089(90)

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
Net income: 1,0601,8302,0231,283213
Other comprehensive income (loss) 491(1,374)(1,328)2,401(814)
Comprehensive income (loss): 1,5514566953,684(601)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (15)2(37)(99)(209)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (26)4950(156)107
Comprehensive income (loss), net of tax, attributable to parent: 1,5105077083,429(703)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: