Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 153

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 153
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 136 Service cost 3 3 3 1 Interest cost10 11 7 6 Participant contributions— — 5 5 Actuarial (gain)/loss1(21)13 (9)4 Benefits paid(10)(10)(20)(20)Transfer in— — 46 — Foreign currency exchange rate changes— — 16 (3)Accumulated postretirement benefit obligation at end of year210 228 177 129 Change in plan assetsFair value of plan assets at beginning of year— — 187 185 Actual return on plan assets— — 22 14 Employer contributions10 10 7 7 Participant contributions— — 5 5 Benefits paid(10)(10)(20)(20)Transfer in— — 55 — Foreign currency exchange rate changes— — 20 (4)Other— — 2 — Fair value of plan assets at end of year— — 278 187 Overfunded/(underfunded) status at end of year(210)(228)101 58 Presented as follows:Deferred amounts and other assets— — 113 73 Other current liabilities(11)(12)— — Other long-term liabilities (199)(216)(12)(15) (210)(228)101 58 1Primarily due to the increase in the discount rate and changes in benefit assumptions and member data used to measure the defined benefit obligation (2023 - primarily due to decrease in the discount rate used to measure the benefit obligations).Certain of our OPEB plans have accumulated benefit obligations in excess of the fair value of plan assets. For these plans, the accumulated benefit obligation and fair value of plan assets were as follows: CanadaUSDecember 31,2024202320242023(millions of Canadian dollars)Accumulated benefit obligation210 228 100 78 Fair value of plan assets— — 88 63 Amount Recognized in Accumulated Other Comprehensive IncomeThe amount of pre-tax AOCI relating to our OPEB plans are as follows: CanadaUSDecember 31,2024202320242023(millions of Canadian dollars)    Net actuarial gain(99)(82)(103)(96)Prior service credit— (1)(16)(22)Total amount recognized in AOCI1(99)(83)(