Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 114

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 114
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 1,354 204 34 2,264 Acquisitions5— 223 3,291 — 3,514 Balance at December 31, 20241,29,016 18,278 8,892 414 36,600 1Gross goodwill as at December 31, 2024 and 2023 was $40.7 billion and $35.9 billion, respectively.2Accumulated impairment as at December 31, 2024 and 2023 was $4.1 billion.3In 2023, we recorded $46 million of goodwill related to the acquisition of Aitken Creek. Refer to Note 8 - Acquisitions and Disposition.4In 2024, we derecognized $1.0 billion of goodwill related to the sale of our interests in the Alliance Pipeline and Aux Sable. Refer to Note 13 - Long-Term Investments.5In 2024, we recorded $895 million of goodwill related to the PSNC Acquisition, $793 million of goodwill related to the Questar Acquisition, $1.6 billion of goodwill related to the EOG Acquisition, and $223 million of goodwill related to the RNG Facilities Acquisition. Refer to Note 8 - Acquisitions and Disposition.

16.  OTHER CURRENT LIABILITIES

December 31,20242023(millions of Canadian dollars)Dividends payable2,088 1,975 Deferred credits1,072 1,177 Derivative liabilities (Note 23)1,335 738 Taxes payable 959 596 Regulatory liabilities (Note 7)616 307 Federal carbon program liability498 376 Asset retirement obligations (Note 18)120 136 Other553 354 7,241 5,659 

155

17.  DEBT

December 31,Weighted Average Interest Rate8Maturity20242023(millions of Canadian dollars)    Enbridge Inc.    US dollar senior notes4.8 %2025 - 205419,703 14,636 Medium-term notes4.5 %2025 - 20649,900 8,598 Sustainability-linked bonds4.7 %2032 - 20337,146 6,751 Fixed-to-fixed subordinated term notes17.4 %2054 - 20849,372 7,156 Fixed-to-floating rate