v3.25.4
PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT

As at December 31, 2025 (millions of dollars)
Property, Plant 
and Equipment		Accumulated
Depreciation		Construction
in Progress
Total
Transmission23,618 7,437 2,191 18,372 
Distribution15,338 5,053 304 10,589 
Communication1,539 1,327 57 269 
Administration and service2,578 1,101 46 1,523 
Easements821 124 — 697 
43,894 15,042 2,598 31,450 

As at December 31, 2024 (millions of dollars)
Property, Plant 
and Equipment		Accumulated
Depreciation		Construction
in Progress
Total
Transmission22,359 7,100 1,616 16,875 
Distribution14,335 4,813 318 9,840 
Communication1,511 1,242 45 314 
Administration and service2,382 1,063 134 1,453 
Easements733 122 — 611 
41,320 14,340 2,113 29,093 
Financing charges capitalized on property, plant and equipment under construction were $107 million in 2025 (2024 - $85 million).