Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 156

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 156
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CanadaUSLevel 11Level 22Level 33TotalLevel 11Level 22Level 33Total(millions of Canadian dollars)        December 31, 2024Cash and cash equivalents201 — — 201 57 — — 57 Equity securities4Canada— 3 — 3 — — — — Global134 1,817 — 1,951 27 954 — 981 Fixed income securities4Government— 543 — 543 — 194 — 194 Corporate— 838 — 838 — 474 — 474 Alternatives5— — 1,464 1,464 — — 488 488 Total pension plan assets at fair value335 3,201 1,464 5,000 84 1,622 488 2,194 December 31, 2023Cash and cash equivalents227 — — 227 8 — — 8 Equity securities4Canada— 3 — 3 — — — — Global— 1,871 — 1,871 — 416 — 416 Fixed income securities4Government— 446 — 446 — 46 — 46 Corporate— 667 — 667 — 149 — 149 Alternatives5— — 1,290 1,290 — — 433 433 Forward currency contracts— 24 — 24 — — — — Total pension plan assets at fair value227 3,011 1,290 4,528 8 611 433 1,052 1Level 1 assets include assets with quoted prices in active markets for identical assets.2Level 2 assets include assets with significant observable inputs.3Level 3 assets include assets with significant unobservable inputs.4Pension plan assets include $77 million (2023 - $61 million) of indirectly held related party equity and fixed income securities investments.5Alternatives include investments in private debt, private equity, infrastructure and real estate funds.Changes in the net fair value of pension plan assets classified as Level 3 in the fair value hierarchy were as follows:CanadaUSDecember 31,2024202320242023(millions of Canadian dollars)   Balance at beginning of