XML 151 R57.htm IDEA: XBRL DOCUMENT v3.10.0.1
leases (Tables)
12 Months Ended
Dec. 31, 2018
leases  
Minimum lease payments under operating leases

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

2017

 

 

Operating

 

Operating

 

 

 

 

Operating

 

Operating

 

 

 

 

 

leases with

 

leases with

 

 

 

 

leases with

 

leases with

 

 

 

As at December 31 (millions)

 

arm’s-length

 

related party

 

 

 

 

arm’s-length

 

related party

 

 

 

Years ending

    

lessors 1

    

lessors 2

    

Total

    

lessors 1

    

lessors 2

    

Total

1 year hence

 

$

240

 

$

 2

 

$

242

 

$

218

 

$

 6

 

$

224

2 years hence

 

 

222

 

 

 6

 

 

228

 

 

191

 

 

12

 

 

203

3 years hence

 

 

195

 

 

 6

 

 

201

 

 

169

 

 

13

 

 

182

4 years hence

 

 

161

 

 

 6

 

 

167

 

 

147

 

 

13

 

 

160

5 years hence

 

 

139

 

 

 6

 

 

145

 

 

122

 

 

13

 

 

135

Thereafter

 

 

681

 

 

112

 

 

793

 

 

534

 

 

208

 

 

742

 

 

$

1,638

 

$

138

 

$

1,776

 

$

1,381

 

$

265

 

$

1,646


1

Immaterial amounts for minimum lease receipts from sublet land and buildings have been netted against the minimum lease payments in this table. Minimum lease payments exclude occupancy costs and thus will differ from future amounts reported for operating lease expenses. As at December 31, 2018, commitments for occupancy costs under operating leases totalled $813 (2017 – $816).

2

As set out in Note 21(c), we have entered into leases with real estate joint ventures. This table includes 100% of the minimum lease payment amounts due under these leases; of the total, $46 (2017 – $109) is due to our economic interest in the real estate joint venture and $92 (2017 – $156) is due to our partners’ economic interests in the real estate joint venture.