What is Enbridge's elimination and other — equity investments?

Enbridge (ENB) reported elimination and other — equity investments of $23.00M in Q4 2021.

What does elimination and other — equity investments mean?

This represents the net financial results of corporate-level investments and accounting adjustments not assigned to specific business segments.

Discontinued — last reported Q4 '21

Business Segments · EQUITY INVESTMENTS

Elimination And Other — EQUITY INVESTMENTS

Analysis

StatementSegment

CategoryCapital Allocation

SignalContext dependent

VolatilityModerate

First reportedQ4 2016

Last reportedQ4 2021

Rolls up toEquity method investments (Note 11)

How to read this metric

An increase in costs within this category may indicate higher corporate overhead or strategic investment spending, while positive equity investment income reflects successful performance of non-consolidated ventures.

Detailed definition

This metric represents the financial impact of equity-accounted investments and corporate-level adjustments that are not...

Peer comparison

Most midstream energy companies report similar 'Corporate and Other' segments to capture unallocated administrative expenses and non-core equity earnings.

Metric ID: enb_segment_eliminations_and_other_equity_investments

Historical Data

1 periods

	Q4 '21
Value	23M

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Frequently Asked Questions

What is Enbridge's elimination and other — equity investments?: Enbridge (ENB) reported elimination and other — equity investments of $23.00M in Q4 2021.
What does elimination and other — equity investments mean?: This represents the net financial results of corporate-level investments and accounting adjustments not assigned to specific business segments.