v3.19.2
Consolidated statements of income and other comprehensive income - CAD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
OPERATING REVENUES        
Service $ 3,086 $ 2,953 $ 6,106 $ 5,839
Equipment 501 487 970 952
Revenues arising from contracts with customers 3,587 3,440 7,076 6,791
Other operating income 10 13 27 39
Total 3,597 3,453 7,103 6,830
OPERATING EXPENSES        
Goods and services purchased 1,466 1,491 2,887 2,899
Employee benefits expense 758 711 1,464 1,411
Depreciation 470 411 940 822
Amortization of intangible assets 163 148 310 287
Total 2,857 2,761 5,601 5,419
OPERATING INCOME 740 692 1,502 1,411
Financing costs 189 150 357 306
INCOME BEFORE INCOME TAXES 551 542 1,145 1,105
Income taxes 31 145 188 296
NET INCOME 520 397 957 809
Items that may subsequently be reclassified to income        
Change in unrealized fair value of derivatives designated as cash flow hedges 10 (22) (39) (29)
Foreign currency translation adjustment arising from translating financial statements of foreign operations 11 (17) 17 (21)
Total items that may be reclassified to income 21 (39) (22) (50)
Items never subsequently reclassified to income        
Employee defined benefit plan re-measurements 8 105 32 62
Other comprehensive income 29 66 10 12
COMPREHENSIVE INCOME 549 463 967 821
NET INCOME ATTRIBUTABLE TO:        
Common Shares 517 390 945 800
Non-controlling interests 3 7 12 9
NET INCOME 520 397 957 809
COMPREHENSIVE INCOME ATTRIBUTABLE TO:        
Common Shares 543 464 949 821
Non-controlling interests 6 (1) 18  
COMPREHENSIVE INCOME $ 549 $ 463 $ 967 $ 821
NET INCOME PER COMMON SHARE        
Basic $ 0.86 $ 0.66 $ 1.57 $ 1.34
Diluted $ 0.86 $ 0.66 $ 1.57 $ 1.34
TOTAL WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
Basic 601 596 601 595
Diluted 601 596 601 595