Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 152

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 152
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)/loss arising during the year(173)115 (288)(116)30 (52)Total amount recognized in OCI(173)115 (290)(112)34 (50)Total amount recognized in Comprehensive income(172)121 (309)(111)40 (70)1Reported within Operating and administrative in the Consolidated Statements of Earnings.2Reported within Other income/(expense) in the Consolidated Statements of Earnings.

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Actuarial Assumptions The weighted average assumptions made in the measurement of the projected benefit obligation and net periodic benefit cost of our pension plans are as follows: CanadaUS202420232022202420232022Projected benefit obligationDiscount rate4.7 %4.6 %5.1 %5.5 %4.7 %4.9 %Rate of salary increase3.0 %3.0 %2.9 %2.6 %2.6 %2.8 %Cash balance interest credit rateN/AN/AN/A4.0 %4.5 %4.3 %Net periodic benefit costDiscount rate4.6 %5.3 %3.2 %4.8 %4.9 %2.6 %Rate of return on plan assets6.8 %6.5 %6.6 %7.3 %7.4 %7.4 %Rate of salary increase3.0 %2.9 %2.9 %2.8 %2.8 %2.8 %Cash balance interest credit rateN/AN/AN/A4.4 %4.3 %4.3 %OTHER POSTRETIREMENT BENEFIT PLANSWe sponsor funded and unfunded defined benefit OPEB Plans, which provide non-contributory supplemental health, dental, life and health spending account benefit coverage for certain qualifying retired employees.

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Benefit Obligations, Plan Assets and Funded StatusThe following table details the changes in the accumulated postretirement benefit obligation, the fair value of plan assets and the recorded assets or liabilities for our defined benefit OPEB plans: CanadaUSDecember 31,2024202320242023(millions of Canadian dollars)    Change in accumulated postretirement benefit obligation    Accumulated postretirement benefit obligation at beginning of year228 211 129