Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 154

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 154
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119)(118)1Excludes amounts related to CTA.

187

Net Periodic Benefit (Credit)/Cost and Other Amounts Recognized in Comprehensive IncomeThe components of net periodic benefit (credit)/cost and other amounts recognized in pre-tax Comprehensive income related to our OPEB plans are as follows: CanadaUSYear ended December 31,202420232022202420232022(millions of Canadian dollars)      Service cost13 3 4 3 1 1 Interest cost210 11 7 7 6 3 Expected return on plan assets2— — — (15)(11)(12)Amortization/settlement of net actuarial gain2(5)(6)(1)(5)(6)(6)Amortization/curtailment of prior service credit2(1)— — (6)(8)(7)Net periodic benefit (credit)/cost recognized in Earnings7 8 10 (16)(18)(21)Amount recognized in OCI:Amortization/settlement of net actuarial gain5 6 1 5 6 6 Amortization/curtailment of prior service credit1 — — 6 8 7 Net actuarial (gain)/loss arising during the year(22)13 (67)(12)— (4)Total amount recognized in OCI(16)19 (66)(1)14 9 Total amount recognized in Comprehensive income(9)27 (56)(17)(4)(12)1Reported within Operating and administrative in the Consolidated Statements of Earnings.2Reported within Other income/(expense) in the Consolidated Statements of Earnings.The weighted average assumptions made in the measurement of the accumulated postretirement benefit obligation and net periodic benefit cost of our OPEB plans are as follows: CanadaUS202420232022202420232022Accumulated postretirement benefit obligationDiscount rate4.7 %4.6 %5.3 %5.3 %4.7 %4.9 %Net periodic benefit costDiscount rate4.6 %5.3 %3.2 %5.5 %4.9 %2.4 %Rate of return on plan assetsN/AN/AN/A6.7 %5.9 %6.0 %Assumed Health Care Cost Trend RatesThe assumed