Financing

Enbridge·Cash Flow Statement·24 metrics

Breakdown

Metric	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Proceeds From Issuance Of Long Term Debt Net Of Issuance Costs	$6.3B	$2.3B	$932.0M	$2.8B	$3.8B	$1.8B	$2.6B	$4.7B
Dividends paid	$1.9B	$2.0B	$2.0B	$2.1B	$2.1B	$2.1B	$2.1B	$2.1B
Proceeds From Repayments Of Commercial Paper And Lines Of Credit	—	$313.0M	$3.3B	$967.0M	-$1.5B	$1.3B	$508.0M	-$1.7B
Net cash from financing activities	$2.9B	$156.0M	$601.0M	-$950.0M	-$1.2B	-$126.0M	-$108.0M	$1.1B
Proceeds from (Repayments of) Short-Term Debt	-$135.0M	$728.0M	—	$330.0M	$55.0M	$360.0M	—	$458.0M
Net Change in Short-term Borrowings and Indebtedness to Subsidiaries	-$135.0M	$728.0M	—	$330.0M	$55.0M	$360.0M	—	$458.0M
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	$95.0M	$98.0M	$101.0M	$102.0M	$104.0M	$105.0M	$108.0M	$107.0M
Distributions to noncontrolling interests	$89.0M	$79.0M	$87.0M	$100.0M	$95.0M	$81.0M	$84.0M	$82.0M
Repayments of debt	$780.0M	$1.1B	$1.0B	$2.7B	$1.3B	$2.0B	$735.0M	$67.0M
Other, net	-$18.0M	-$11.0M	-$9.0M	-$36.0M	$0.0	-$8.0M	-$44.0M	-$54.0M
Payment of Deferred Purchase Consideration	-$18.0M	-$11.0M	-$9.0M	-$36.0M	$0.0	-$8.0M	-$44.0M	-$54.0M
Noncontrolling interest transactions and other	-$18.0M	-$11.0M	-$9.0M	-$36.0M	$0.0	-$8.0M	-$44.0M	-$54.0M
Noncontrolling Interests Activity and Other	-$18.0M	-$11.0M	-$9.0M	-$36.0M	$0.0	-$8.0M	-$44.0M	-$54.0M
Proceeds from related party debt	$1.0M	$84.0M	$0.0	$0.0	$25.0M	$14.0M	$2.0M	$30.0M
Distributions To Redeemable Noncontrolling Interest	$0.0	$0.0	$0.0	$0.0	—	—	—	$17.0M
Proceeds from minority shareholders	—	$2.0M	—	$5.0M	$2.0M	$1.0M	$2.0M	$6.0M
Proceeds From Redeemable Noncontrolling Interest	$0.0	$0.0	$0.0	$0.0	—	—	—	$6.0M
Net proceeds from sales of subsidiary shares	—	$2.0M	—	$5.0M	$2.0M	$1.0M	$2.0M	$6.0M
Proceeds from Minority Shareholders	—	$2.0M	—	$5.0M	$2.0M	$1.0M	$2.0M	$6.0M
Proceeds from Sale of Noncontrolling Interests	—	$2.0M	—	$5.0M	$2.0M	$1.0M	$2.0M	$6.0M
Proceeds from Minority Shareholders	—	$2.0M	—	$5.0M	$2.0M	$1.0M	$2.0M	$6.0M
Proceeds from Minority Shareholders	—	$2.0M	—	$5.0M	$2.0M	$1.0M	$2.0M	$6.0M
Proceeds From Investment By Redeemable Noncontrolling Interest In Subsidiary Net Of Transaction Costs	—	—	$0.0	$178.0M	$178.0M	$178.0M	$178.0M	—
Proceeds from issuance of common stock	$2.5B	—	—	$5.0M	$1.0M	$2.0M	$20.0M	$0.0