Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 121

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 121
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Foreign currency translation adjustment40 (6)Accretion expense33 28 Obligations at end of year666 493 Presented as follows:Other current liabilities (Note 16)120 136 Other long-term liabilities546 357 666 493 

19.  NONCONTROLLING INTERESTS

The following table provides additional information regarding Noncontrolling interests as presented in our Consolidated Statements of Financial Position:December 31,20242023(millions of Canadian dollars)Algonquin Gas Transmission, LLC414 384 Enbridge Athabasca Midstream Investor Limited Partnership1,073 1,086 Maritimes & Northeast Pipeline, L.L.C.606 559 Renewable energy assets786 885 Maritimes & Northeast Pipeline Limited Partnership109 111 Other5 4 2,993 3,029 

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20.  SHARE CAPITAL

Our authorized share capital consists of an unlimited number of common shares with no par value and an unlimited number of preference shares.COMMON SHARES202420232022December 31,Number of SharesAmountNumber of SharesAmountNumber of SharesAmount(millions of Canadian dollars; number of shares in millions)Balance at beginning of year2,125 69,180 2,025 64,760 2,026 64,799 Shares issued, net of issue costs51 2,489 103 4,485 — — Shares issued on exercise of stock options1 39 — 3 2 53 Shares issued on vesting of RSUs, net of tax1 30 — 12 — — Share repurchases at stated value1— — (3)(80)(3)(88)Other— — — — — (4)Balance at end of year2,178 71,738 2,125 69,180 2,025 64,760 1Reflects the repurchase and cancellation of common shares under our normal course issuer bid.On May 15, 2024, we filed prospectus supplements in Canada and the US to establish an at-the-market equity issuance program (the ATM Program) that allowed us to issue and sell, at our discretion, up to $2.75 billion (or the US dollar equivalent) of our common shares from treasury to the public from time to time at the market prices prevailing at the time of sale through the Toronto