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v3.26.1

accounting policy developments (Tables) | 6 Months Ended
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Jun. 30, 2026
accounting policy developments |
Schedule of adjusted net income | ​
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​ | ​ | Three-month period ended June 30, 2026 | ​ | Six-month period ended June 30, 2026
​ | ​ | Unattributed amounts | ​ | Attributable to | ​ | Unattributed amounts | ​ | Attributable to
​ | ​ | ​ | ​ | ​ | Income tax | ​ | Common Shares 1 | ​ | Non-controlling | ​ | ​ | ​ | ​ | Income tax | ​ | Common Shares 1 | ​ | Non-controlling
(millions except per share amounts) | ​ | Total | ​ | effect | ​ | Total | ​ | Per basic share | ​ | interests | ​ | Total | ​ | effect | ​ | Total | ​ | Per basic share | ​ | interests
Reconciiation of net income (loss) with possible management-defined performance measure | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income (loss) | ​ | $ | (1,830) |  | ​ | ​ | ​ | $ | (1,840) | ​ | $ | (1.17) | ​ | $ | 10 | ​ | $ | (1,686) |  | ​ | ​ | ​ | $ | (1,704) | ​ | $ | (1.09) | ​ | $ | 18
Add (deduct): | ​ |  | ​ |  | ​ | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ |  | ​ | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Restructuring and other costs (Note 16(a)) | ​ |  | 189 | ​ | $ | (23) | ​ |  | 189 | ​ |  | 0.12 | ​ |  | — | ​ |  | 504 | ​ | $ | (110) | ​ |  | 504 | ​ |  | 0.32 | ​ |  | —
Real estate rationalization-related restructuring impairments included in depreciation (Note 16(a)) | ​ |  | — | ​ | $ | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 4 | ​ | $ | (1) | ​ |  | 4 | ​ |  | — | ​ |  | —
Impairment of intangible assets and goodwill (Note 18(b)) | ​ |  | 2,135 | ​ | $ | (219) | ​ | ​ | 2,135 | ​ |  | 1.36 | ​ |  | — | ​ |  | 2,135 | ​ | $ | (219) | ​ |  | 2,135 | ​ |  | 1.36 | ​ |  | —
Long-term debt prepayment premium (Note 9) | ​ | ​ | 51 | ​ | $ | (14) | ​ | ​ | 51 | ​ | ​ | 0.03 | ​ | ​ | — | ​ | ​ | 51 | ​ | $ | (14) | ​ | ​ | 51 | ​ | ​ | 0.03 | ​ | ​ | —
Income-tax related adjustments | ​ |  | (25) | ​ | ​ | ​ | ​ |  | (25) | ​ |  | (0.01) | ​ |  | — | ​ | ​ | (36) | ​ | ​ | ​ | ​ |  | (36) | ​ |  | (0.02) | ​ |  | —
Income tax on the above adjustments | ​ |  | (256) | ​ | ​ | ​ | ​ |  | (256) | ​ |  | (0.17) | ​ |  | — | ​ | ​ | (344) | ​ | ​ | ​ | ​ |  | (344) | ​ |  | (0.21) | ​ |  | —
Adjusted net income | ​ | $ | 264 | ​ | ​ | ​ | ​ | $ | 254 | ​ | $ | 0.16 | ​ | $ | 10 | ​ | $ | 628 | ​ | ​ | ​ | ​ | $ | 610 | ​ | $ | 0.39 | ​ | $ | 18
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Possible management-defined performance measure | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Possible management-defined performance measure | ​ | ​ | ​
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1 | The amounts presented as being attributable to Common Shares are consistent with those that are disclosed and reconciled (as required by securities regulation) in Section 11.1 of the management’s discussion and analysis corresponding to these condensed interim consolidated financial statements.

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