Enbridge Inc (ENB) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   518
Cash and cash equivalents   518
Restricted cash and investments   119
Receivables   6,098
Inventory, net of allowances, customer advances and progress billings   1,339
Inventory   1,339
Derivative instruments and hedges, assets   498
Total current assets:   8,572
Noncurrent Assets
Property, plant and equipment   94,540
Long-term investments and receivables   16,804
Long-term investments   16,707
Due from related parties   97
Intangible assets, net (including goodwill)   36,831
Goodwill   34,459
Intangible assets, net (excluding goodwill)   2,372
Assets held-in-trust   323
Other undisclosed noncurrent assets   9,835
Total noncurrent assets:   158,333
TOTAL ASSETS:   166,905
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities   7,616
Accounts payable   804
Accrued liabilities   4,604
Interest and dividends payable   2,208
Debt   4,283
Derivative instruments and hedges, liabilities   1,234
Accrued environmental loss contingencies   27
Asset retirement obligation   6
Due to related parties   40
Other liabilities   854
Other undisclosed current liabilities   795
Total current liabilities:   14,855
Noncurrent Liabilities
Long-term debt and lease obligation, including:   60,327
Other undisclosed long-term debt and lease obligation   60,327
Liabilities, other than long-term debt   9,817
Asset retirement obligations   983
Other liabilities   8,834
Other undisclosed noncurrent liabilities   8,471
Total noncurrent liabilities:   78,615
Total liabilities:   93,470
Stockholders' equity
Stockholders' equity attributable to parent, including:   69,470
Preferred stock   7,747
Common stock   64,677
Accumulated other comprehensive income   2,672
Accumulated deficit   (5,538)
Other undisclosed stockholders' equity attributable to parent   (88)
Stockholders' equity attributable to noncontrolling interest   3,965
Total stockholders' equity:   73,435
TOTAL LIABILITIES AND EQUITY:   166,905

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues   46,378
Cost of revenue   (29,401)
Gross profit:   16,977
Operating expenses   (6,792)
Other undisclosed operating loss   (5,369)
Operating income:   4,816
Nonoperating expense   (52)
Foreign currency transaction loss, before tax   (522)
Other nonoperating income   516
Interest and debt expense   (2,703)
Income from continuing operations before equity method investments, income taxes:   2,061
Income from equity method investments   1,509
Income from continuing operations before income taxes:   3,570
Income tax expense   (237)
Net income:   3,333
Net loss attributable to noncontrolling interest   (451)
Net income attributable to parent:   2,882
Preferred stock dividends and other adjustments   (367)
Net income available to common stockholders, diluted:   2,515

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:   3,333
Other comprehensive income   4,138
Comprehensive income:   7,471
Comprehensive loss, net of tax, attributable to noncontrolling interest   (451)
Other undisclosed comprehensive loss, net of tax, attributable to parent   (350)
Comprehensive income, net of tax, attributable to parent:   6,670

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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