Company: ENBSF
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000895728-25-000012
Chunk: 29

Company: ENBRIDGE INC
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 1
Chunk 29
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24 Total revenue from contracts with customers3,173 1,677 3,917 42 — 8,809 Commodity sales8,934 37 — — 554 9,525 Other revenue1,277 (7)21 77 — 168 Intersegment revenue— 8 18 1 (27)— Total revenue12,184 1,715 3,956 120 527 18,502 Three months ended March 31, 2024 Liquids Pipelines  Gas Transmission  Gas Distribution and StorageRenewable Power Generation Eliminations and Other  Consolidated(millions of Canadian dollars)      Transportation revenue33,024 1,341 93 — — 4,458 Storage and other revenue62 138 99 — — 299 Gas distribution revenue3— — 1,924 — — 1,924 Electricity revenue— — — 57 — 57 Commodity sales— 40 — — — 40 Total revenue from contracts with customers3,086 1,519 2,116 57 — 6,778 Commodity sales3,733 41 — — 331 4,105 Other revenue1,263 6 13 73 — 155 Intersegment revenue— 6 2 1 (9)— Total revenue6,882 1,572 2,131 131 322 11,038 1Includes realized and unrealized gains and losses from our hedging program which for the three months ended March 31, 2025 were a net $99 million gain (2024 - $22 million loss).2Includes revenues from lease contracts for the three months ended March 31, 2025 and 2024 of $158 million and $140 million, respectively.3These balances reflect a transfer from Transportation revenue to Gas distribution sales of $258 million for the three months ended March 31, 2024.We disaggregate revenues into categories which represent our principal performance obligations within each business segment. These revenue categories represent the most significant revenue streams in each segment and consequently are considered to be the most relevant revenue information for management to consider in evaluating performance.

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Contract BalancesContract ReceivablesContract AssetsContract Liabilities(millions of Canadian dollars)Balance