Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 130

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 130
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40 million, $56 million and $32 million, respectively.2Weighted average grant date fair value excludes cash-settled units.Compensation expense recorded for the years ended December 31, 2024, 2023 and 2022 for RSUs was $92 million, $77 million and $76 million, respectively. As at December 31, 2024, unrecognized compensation expense related to non-vested RSUs was $67 million. The expense is expected to be fully recognized over a weighted average period of approximately one year.

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22.  COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

Changes in AOCI attributable to our common shareholders for the years ended December 31, 2024, 2023 and 2022 are as follows:Cash Flow HedgesExcluded Components of Fair Value HedgesNet Investment HedgesCumulative Translation AdjustmentEquity InvesteesPension and OPEB AdjustmentTotal(millions of Canadian dollars)      Balance as at January 1, 2024320 (23)(728)2,653 11 70 2,303 Other comprehensive income/(loss) retained in AOCI79 (42)(1,305)5,799 (9)323 4,845 Other comprehensive (income)/loss reclassified to earnings      Interest rate contracts131 — — — — — 31 Commodity contracts2(1)— — — — — (1)Foreign exchange contracts3— 53 — — — — 53 Amortization of pension and OPEB actuarial gain4— — — — — (21)(21) 109 11 (1,305)5,799 (9)302 4,907 Tax impact      Income tax on amounts retained in AOCI(15)10 — — (1)(75)(81)Income tax on amounts reclassified to earnings(7)(12)— — — 5 (14) (22)(2)— — (1)(70)(95)Balance as at December 31, 2024407 (14)(2,033)8,452 1 302 7,115 Cash Flow HedgesExcluded Components of Fair Value HedgesNet Investment HedgesCumulative Translation AdjustmentEquity Invest