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Consolidated Statements of Equity - CAD ($)
$ in Millions
Total
Common shares
Preference shares
Common Share Warrants
Common Shares
Common Shares
Common shares
Preferred Shares
Preferred Shares
Preference shares
Warrants
Warrants
Common Share Warrants
Paid in Surplus
Retained Earnings
Retained Earnings
Common shares
Retained Earnings
Preference shares
AOCI
[1]
Non-Controlling Interest
Beginning balance at Dec. 31, 2019 $ 19,201       $ 11,040           $ 4,377 $ 2,957     $ 827  
Net Earnings (Loss) (2,379) [2]                     (2,379)        
Other Comprehensive Income (Loss), Net of Tax (52)                           (52)  
Comprehensive Income (Loss) (2,431)                     (2,379)     (52)  
Stock-Based Compensation Expense 14                   14          
Dividends paid   $ (77)                     $ (77)      
Variable dividends paid on common shares   0                            
Ending balance at Dec. 31, 2020 16,707       11,040           4,391 501     775 $ 0
Net Earnings (Loss) 587 [2]                     587        
Other Comprehensive Income (Loss), Net of Tax (91)                           (91)  
Comprehensive Income (Loss) 496                     587     (91)  
Stock-Based Compensation Expense 14                   14          
Dividends paid   (176) $ (34)                   (176) $ (34)    
Variable dividends paid on common shares   0                            
Equity Issued   6,111 519 $ 216   $ 6,111   $ 519   $ 216            
Common shares issued under stock option plans (in shares)           (7)                    
Common Shares Issued Under Stock Option Plans (6)                   1          
Purchase of Common Shares Under NCIBs [3] (265)         $ (145)         (120)          
Warrants Exercised 2       3       $ (1)              
Non-Controlling Interest                               12
Ending balance at Dec. 31, 2021 23,596       17,016   $ 519   215   4,284 878     684 12
Net Earnings (Loss) 6,450                     6,450        
Other Comprehensive Income (Loss), Net of Tax 786                           786  
Comprehensive Income (Loss) 7,236                     6,450     786  
Stock-Based Compensation Expense 10                   10          
Dividends paid   (682) $ (35)                   (682) $ (35)    
Variable dividends paid on common shares   $ (219)                     $ (219)      
Common shares issued under stock option plans (in shares)           (170)                    
Common Shares Issued Under Stock Option Plans (138)                   32          
Purchase of Common Shares Under NCIBs [3] (2,530)         $ (959)         (1,571)          
Warrants Exercised 62       93       (31)              
Non-Controlling Interest                               1
Ending balance at Dec. 31, 2022 $ 27,576       $ 16,320   $ 519   $ 184   $ 2,691 $ 6,392     $ 1,470 $ 13
[1] Accumulated other comprehensive income (loss) (“AOCI”).
[2] See Note 3X for revisions to prior period results.
[3] Normal course issuer bids (“NCIBs”).