| Schedule of Information by Reportable Segment |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Regulated | | Non-Regulated | Inter- | | | | UNS | Central | FortisBC | Fortis | FortisBC | Other | Sub- | | Corporate | segment | | | ($ millions) | ITC | Energy | Hudson | Energy | Alberta | Electric | Electric | total | | and Other | eliminations | Total | | | | | | | | | | | | | | Year ended December 31, 2023 | | | | | | | | | | | | | | Revenue | 2,085 | | 3,006 | | 1,360 | | 1,955 | | 738 | | 528 | | 1,761 | | 11,433 | | | 84 | | — | | 11,517 | | | Energy supply costs | — | | 1,290 | | 499 | | 760 | | — | | 153 | | 1,069 | | 3,771 | | | — | | — | | 3,771 | | | Operating expenses | 494 | | 776 | | 601 | | 408 | | 180 | | 127 | | 231 | | 2,817 | | | 72 | | — | | 2,889 | | | Depreciation and amortization | 416 | | 361 | | 113 | | 309 | | 265 | | 96 | | 204 | | 1,764 | | | 9 | | — | | 1,773 | | | | | | | | | | | | | | | | Operating income | 1,175 | | 579 | | 147 | | 478 | | 293 | | 152 | | 257 | | 3,081 | | | 3 | | — | | 3,084 | | | Other income, net | 82 | | 49 | | 54 | | 34 | | 6 | | 4 | | 23 | | 252 | | | 39 | | — | | 291 | | | Finance charges | 427 | | 145 | | 67 | | 163 | | 125 | | 79 | | 86 | | 1,092 | | | 213 | | — | | 1,305 | | | Income tax expense | 208 | | 83 | | 29 | | 74 | | 12 | | 9 | | 26 | | 441 | | | (81) | | — | | 360 | | | Net earnings | 622 | | 400 | | 105 | | 275 | | 162 | | 68 | | 168 | | 1,800 | | | (90) | | — | | 1,710 | | | Non-controlling interests | 114 | | — | | — | | 1 | | — | | — | | 22 | | 137 | | | — | | — | | 137 | | | Preference share dividends | — | | — | | — | | — | | — | | — | | — | | — | | | 67 | | — | | 67 | | | Net earnings attributable to common equity shareholders | 508 | | 400 | | 105 | | 274 | | 162 | | 68 | | 146 | | 1,663 | | | (157) | | — | | 1,506 | | | | | | | | | | | | | | | | Additions to property, plant and equipment and intangible assets | 1,103 | | 916 | | 341 | | 593 | | 608 | | 126 | | 466 | | 4,153 | | | 16 | | — | | 4,169 | | | | | | | | | | | | | | | | As at December 31, 2023 | | | | | | | | | | | | | | Goodwill | 8,127 | | 1,830 | | 597 | | 913 | | 228 | | 235 | | 254 | | 12,184 | | | — | | — | | 12,184 | | | Total assets | 24,269 | | 12,784 | | 5,371 | | 9,225 | | 5,962 | | 2,715 | | 5,227 | | 65,553 | | | 401 | | (34) | | 65,920 | | | | | | | | | | | | | | | Year ended December 31, 2022 | | | | | | | | | | | | | | Revenue | 1,906 | | 2,758 | | 1,325 | | 2,084 | | 680 | | 487 | | 1,652 | | 10,892 | | | 151 | | — | | 11,043 | | | Energy supply costs | — | | 1,213 | | 525 | | 1,055 | | — | | 141 | | 1,013 | | 3,947 | | | 5 | | — | | 3,952 | | | Operating expenses | 481 | | 691 | | 571 | | 364 | | 166 | | 133 | | 217 | | 2,623 | | | 60 | | — | | 2,683 | | | Depreciation and amortization | 385 | | 365 | | 104 | | 298 | | 243 | | 67 | | 187 | | 1,649 | | | 19 | | — | | 1,668 | | | Operating income | 1,040 | | 489 | | 125 | | 367 | | 271 | | 146 | | 235 | | 2,673 | | | 67 | | — | | 2,740 | | | Other income, net | 48 | | 22 | | 59 | | 22 | | 5 | | 6 | | 14 | | 176 | | | (11) | | — | | 165 | | | Finance charges | 349 | | 127 | | 53 | | 146 | | 110 | | 76 | | 75 | | 936 | | | 166 | | — | | 1,102 | | | Income tax expense | 184 | | 56 | | 28 | | 39 | | 15 | | 12 | | 22 | | 356 | | | (67) | | — | | 289 | | | Net earnings | 555 | | 328 | | 103 | | 204 | | 151 | | 64 | | 152 | | 1,557 | | | (43) | | — | | 1,514 | | | Non-controlling interests | 101 | | — | | — | | 1 | | — | | — | | 18 | | 120 | | | — | | — | | 120 | | | Preference share dividends | — | | — | | — | | — | | — | | — | | — | | — | | | 64 | | — | | 64 | | | Net earnings attributable to common equity shareholders | 454 | | 328 | | 103 | | 203 | | 151 | | 64 | | 134 | | 1,437 | | | (107) | | — | | 1,330 | | | | | | | | | | | | | | | | Additions to property, plant and equipment and intangible assets | 1,212 | | 709 | | 293 | | 589 | | 510 | | 130 | | 393 | | 3,836 | | | 29 | | — | | 3,865 | | | | | | | | | | | | | | | | As at December 31, 2022 | | | | | | | | | | | | | | Goodwill | 8,318 | | 1,873 | | 612 | | 913 | | 228 | | 235 | | 258 | | 12,437 | | | 27 | | — | | 12,464 | | | Total assets | 23,478 | | 12,678 | | 5,131 | | 8,875 | | 5,547 | | 2,596 | | 4,916 | | 63,221 | | | 1,043 | | (12) | | 64,252 | |
|