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
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 518480
Cash and cash equivalents 518480
Restricted cash and investments 119107
Receivables 6,0987,100
Inventory, net of allowances, customer advances and progress billings 1,3391,528
Inventory 1,3391,528
Derivative instruments and hedges, assets 498 
Total current assets: 8,5729,215
Noncurrent Assets
Property, plant and equipment 94,54090,711
Long-term investments and receivables 16,80416,733
Long-term investments 16,70716,644
Due from related parties 9789
Intangible assets, net (including goodwill) 36,83137,724
Goodwill 34,45934,457
Intangible assets, net (excluding goodwill) 2,3723,267
Assets held-in-trust 323267
Other undisclosed noncurrent assets 9,8357,443
Total noncurrent assets: 158,333152,878
TOTAL ASSETS: 166,905162,093
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 7,6167,644
Accounts payable 804706
Accrued liabilities 4,6045,135
Interest and dividends payable 2,2081,803
Debt 4,2834,315
Derivative instruments and hedges, liabilities 1,2341,130
Accrued environmental loss contingencies 2740
Asset retirement obligation 6 
Due to related parties 40157
Other liabilities 8541,338
Other undisclosed current liabilities 795 
Total current liabilities: 14,85514,624
Noncurrent Liabilities
Long-term debt and lease obligation, including: 60,32760,865
Other undisclosed long-term debt and lease obligation 60,32760,865
Liabilities, other than long-term debt 9,8178,301
Asset retirement obligations 983791
Other liabilities 8,8347,510
Other undisclosed noncurrent liabilities 8,4718,504
Total noncurrent liabilities: 78,61577,670
Total liabilities: 93,47092,294
Temporary equity, carrying amount  4,067
Stockholders' equity
Stockholders' equity attributable to parent, including: 69,47058,135
Preferred stock 7,7477,747
Common stock 64,67750,737
Additional paid in capital  3,194
Accumulated other comprehensive income (loss) 2,672(973)
Accumulated deficit (5,538)(2,468)
Other undisclosed stockholders' equity attributable to parent (88)(102)
Stockholders' equity attributable to noncontrolling interest 3,9657,597
Total stockholders' equity: 73,43565,732
TOTAL LIABILITIES AND EQUITY: 166,905162,093

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

12/31/2019
12/31/2018
12/31/2017
Revenues 46,37844,378
Revenue, net44,378
Cost of revenue (29,401)(28,637)
Cost of goods and services sold  (28,637)
Gross profit: 16,97715,741
Operating expenses (6,792)(6,442)
Other undisclosed operating loss (5,369)(7,728)
Operating income: 4,8161,571
Nonoperating income (expense) (52)452
Foreign currency transaction gain (loss), before tax (522)237
Other nonoperating income 516199
Interest and debt expense (2,703)(2,556)
Income (loss) from continuing operations before equity method investments, income taxes: 2,061(533)
Income from equity method investments 1,5091,102
Income from continuing operations before income taxes: 3,570569
Income tax expense (benefit) (237)2,697
Net income: 3,3333,266
Net loss attributable to noncontrolling interest (451)(407)
Net income attributable to parent: 2,8822,859
Preferred stock dividends and other adjustments (367)(330)
Net income available to common stockholders, diluted: 2,5152,529

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
Net income: 3,3333,266
Other comprehensive income (loss) 4,138(2,278)
Comprehensive income: 7,471988
Comprehensive loss, net of tax, attributable to noncontrolling interest (451)(407)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (350)247
Comprehensive income, net of tax, attributable to parent: 6,670828

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.

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