Three months

Six months

Periods ended June 30 (millions)

2024

2023

2024

2023

Balance, beginning of period

$

1,023

$

965

$

974

$

914

Revenue deferred in previous period and recognized in current period

(647)

(661)

(631)

(625)

Net additions arising from operations

674

670

691

678

Additions arising from business acquisitions

(1)

—

15

7

Balance, end of period

$

1,049

$

974

$

1,049

$

974

Current

$

942

$

879

Non-current (Note 27)

Deferred revenues

103

89

Deferred customer activation and connection fees

4

6

$

1,049

$

974

Reconciliation of contract liabilities presented in the Consolidated statements of financial position – current

Gross contract liabilities

$

942

$

879

Reclassification to contract assets of contracts with contract liabilities less than contract assets (Note 6(c))

(127)

(126)

Reclassification from contract assets of contracts with contract assets less than contract liabilities (Note 6(c))

(15)

(14)

$

800

$

739