other comprehensive income (Tables)

6 Months Ended

Jun. 30, 2024

other comprehensive income

Schedule of other comprehensive income


																										Item never						Item never
																										reclassified to						reclassified to
		Items that may subsequently be reclassified to income																								income						income
		Change in unrealized fair value of derivatives designated as cash flow hedges (Note 4(e))
		Derivatives used to manage currency risk									Derivatives used to manage other market risks												Cumulative			Change in
					Prior period									Prior period									foreign			measurement						Employee
		Gains			(gains) losses						Gains			(gains) losses									currency			of investment			Accumulated			defined benefit
		(losses)			reclassified to						(losses)			reclassified to									translation			financial			other			plan			Other
(millions)		arising			net income			Total			arising			net income			Total			Total			adjustment			assets			comprehensive income			re-measure-ments			comprehensive income
Balance as at April 1, 2023								$	(38)								$	(4)		$	(42)		$	97		$	84		$	139
Other comprehensive income (loss)
Amount arising		$	(166)		$	137			(29)		$	1		$	—			1			(28)			(66)			(3)			(97)		$	5		$	(92)
Income taxes		$	(31)		$	19			(12)		$	—		$	—			—			(12)			—			(1)			(13)			2			(11)
Net									(17)									1			(16)			(66)			(2)			(84)		$	3		$	(81)
Balance as at June 30, 2023								$	(55)								$	(3)		$	(58)		$	31		$	82		$	55
Balance as at April 1, 2024								$	(102)								$	1		$	(101)		$	60		$	79		$	38
Other comprehensive income (loss)
Amount arising		$	29		$	(66)			(37)		$	1		$	(1)			—			(37)			17			(6)			(26)		$	22		$	(4)
Income taxes		$	(2)		$	(8)			(10)		$	1		$	(1)			—			(10)			—			(2)			(12)			6			(6)
Net									(27)									—			(27)			17			(4)			(14)		$	16		$	2
Balance as at June 30, 2024								$	(129)								$	1		$	(128)		$	77		$	75		$	24

Balance as at January 1, 2023								$	(20)								$	(3)		$	(23)		$	66		$	90		$	133
Other comprehensive income (loss)
Amount arising		$	(181)		$	134			(47)		$	—		$	—			—			(47)			(35)			(10)			(92)		$	(1)		$	(93)
Income taxes		$	(32)		$	20			(12)		$	—		$	—			—			(12)			—			(2)			(14)			—			(14)
Net									(35)									—			(35)			(35)			(8)			(78)		$	(1)		$	(79)
Balance as at June 30, 2023								$	(55)								$	(3)		$	(58)		$	31		$	82		$	55
Balance as at January 1, 2024								$	(158)								$	(2)		$	(160)		$	36		$	78		$	(46)
Other comprehensive income (loss)
Amount arising		$	234		$	(202)			32		$	6		$	(2)			4			36			41			(4)			73		$	69		$	142
Income taxes		$	32		$	(29)			3		$	2		$	(1)			1			4			—			(1)			3			18			21
Net									29									3			32			41			(3)			70		$	51		$	121
Balance as at June 30, 2024								$	(129)								$	1		$	(128)		$	77		$	75		$	24
Attributable to:
Common Shares																													$	(4)
Non-controlling interests																														28
																													$	24