XML 58 R31.htm IDEA: XBRL DOCUMENT
v3.22.2

Financial assets and liabilities (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Financial Instruments [Abstract] |
Disclosure of financial liabilities | The following table provides the fair value details of financial instruments measured at amortized cost in the consolidated statements of financial position.
|  |  | JUNE 30, 2022 | DECEMBER 31, 2021
| CLASSIFICATION | FAIR VALUE METHODOLOGY | CARRYING VALUE | FAIR VALUE | CARRYING VALUE | FAIR VALUE
CRTC deferral account obligation | Trade payables and other liabilities and other non-current liabilities | Present value of estimated future cash flows discounted using observable market interest rates | 56 |  | 56 |  | 66 |  | 67 |
Debt securities and other debt | Debt due within one year and long-term debt | Quoted market price of debt | 23,734 |  | 22,072 |  | 23,729 |  | 26,354 |
Disclosure of fair value measurement of assets | The following table provides the fair value details of financial instruments measured at fair value in the consolidated statements of financial position.
|  |  | FAIR VALUE
| CLASSIFICATION | CARRYING VALUE OF ASSET (LIABILITY) | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OBSERVABLE MARKET DATA (LEVEL 2)(1) | NON-OBSERVABLE MARKET INPUTS (LEVEL 3)(2)
June 30, 2022 |  |  |  |  |
Publicly-traded and privately-held investments (3) | Other non-current assets | 175 |  | 14 |  | — |  | 161 |
Derivative financial instruments | Other current assets, trade payables and other liabilities, other non-current assets and liabilities | 365 |  | — |  | 365 |  | — |
Maple Leaf Sports & Entertainment Ltd. (MLSE) financial liability(4) | Trade payables and other liabilities | (149) |  | — |  | — |  | (149) |
Other | Other non-current assets and liabilities | 124 |  | — |  | 173 |  | (49) |
December 31, 2021 |  |  |  |  |
Publicly-traded and privately-held investments (3) | Other non-current assets | 183 |  | 24 |  | — |  | 159 |
Derivative financial instruments | Other current assets, trade payables and other liabilities, other non-current assets and liabilities | 279 |  | — |  | 279 |  | — |
MLSE financial liability(4) | Trade payables and other liabilities | (149) |  | — |  | — |  | (149) |
Other | Other non-current assets and liabilities | 122 |  | — |  | 185 |  | (63) |
(1)Observable market data such as equity prices, interest rates, swap rate curves and foreign currency exchange rates. (2)Non-observable market inputs such as discounted cash flows and earnings multiples. A reasonable change in our assumptions would not result in a significant increase (decrease) to our level 3 financial instruments. (3)Unrealized gains and losses are recorded in Other comprehensive income in the statements of comprehensive income and are reclassified from Accumulated other comprehensive income to Deficit in the statements of financial position when realized. (4)Represents BCE’s obligation to repurchase the BCE Master Trust Fund's (Master Trust Fund) 9% interest in MLSE at a price not less than an agreed minimum price should the Master Trust Fund exercise its put option. The obligation to repurchase is marked to market each reporting period and the gain or loss is recognized in Other (expense) income in the income statements.
Disclosure of fair value measurement of liabilities | The following table provides the fair value details of financial instruments measured at fair value in the consolidated statements of financial position.
|  |  | FAIR VALUE
| CLASSIFICATION | CARRYING VALUE OF ASSET (LIABILITY) | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OBSERVABLE MARKET DATA (LEVEL 2)(1) | NON-OBSERVABLE MARKET INPUTS (LEVEL 3)(2)
June 30, 2022 |  |  |  |  |
Publicly-traded and privately-held investments (3) | Other non-current assets | 175 |  | 14 |  | — |  | 161 |
Derivative financial instruments | Other current assets, trade payables and other liabilities, other non-current assets and liabilities | 365 |  | — |  | 365 |  | — |
Maple Leaf Sports & Entertainment Ltd. (MLSE) financial liability(4) | Trade payables and other liabilities | (149) |  | — |  | — |  | (149) |
Other | Other non-current assets and liabilities | 124 |  | — |  | 173 |  | (49) |
December 31, 2021 |  |  |  |  |
Publicly-traded and privately-held investments (3) | Other non-current assets | 183 |  | 24 |  | — |  | 159 |
Derivative financial instruments | Other current assets, trade payables and other liabilities, other non-current assets and liabilities | 279 |  | — |  | 279 |  | — |
MLSE financial liability(4) | Trade payables and other liabilities | (149) |  | — |  | — |  | (149) |
Other | Other non-current assets and liabilities | 122 |  | — |  | 185 |  | (63) |
(1)Observable market data such as equity prices, interest rates, swap rate curves and foreign currency exchange rates. (2)Non-observable market inputs such as discounted cash flows and earnings multiples. A reasonable change in our assumptions would not result in a significant increase (decrease) to our level 3 financial instruments. (3)Unrealized gains and losses are recorded in Other comprehensive income in the statements of comprehensive income and are reclassified from Accumulated other comprehensive income to Deficit in the statements of financial position when realized. (4)Represents BCE’s obligation to repurchase the BCE Master Trust Fund's (Master Trust Fund) 9% interest in MLSE at a price not less than an agreed minimum price should the Master Trust Fund exercise its put option. The obligation to repurchase is marked to market each reporting period and the gain or loss is recognized in Other (expense) income in the income statements.
Disclosure of detailed information of foreign currency forward contracts and options | The following table provides further details on our outstanding foreign currency forward contracts and options as at June 30, 2022.
TYPE OF HEDGE | BUY CURRENCY | AMOUNT TO RECEIVE | SELL CURRENCY | AMOUNT TO PAY | MATURITY | HEDGED ITEM
Cash flow | USD | 1,095 |  | CAD | 1,390 |  | 2022 | Commercial paper
Cash flow | USD | 291 |  | CAD | 370 |  | 2022 | Anticipated purchases
Cash flow | PHP | 1,174 |  | CAD | 28 |  | 2022 | Anticipated purchases
Cash flow | PHP | 2,147 |  | CAD | 50 |  | 2023 | Anticipated purchases
Cash flow | USD | 611 |  | CAD | 752 |  | 2023 | Anticipated purchases
Cash flow | USD | 254 |  | CAD | 317 |  | 2024 | Anticipated purchases
Cash flow - call options | USD | 100 |  | CAD | 129 |  | 2022 | Anticipated purchases
Cash flow - put options | USD | 100 |  | CAD | 127 |  | 2022 | Anticipated purchases
Economic | USD | 12 |  | CAD | 15 |  | 2022 | Anticipated purchases
Economic - put options | USD | 120 |  | CAD | 147 |  | 2022 | Anticipated purchases
Economic - call options | USD | 75 |  | CAD | 89 |  | 2022 | Anticipated purchases
Economic - call options | CAD | 95 |  | USD | 75 |  | 2022 |  | Anticipated purchases
Economic - options (1) | USD | 90 |  | CAD | 109 |  | 2022 |  | Anticipated purchases
Economic - options (1) | USD | 169 |  | CAD | 205 |  | 2023 |  | Anticipated purchases
Economic - call options | USD | 120 |  | CAD | 146 |  | 2024 |  | Anticipated purchases
(1) Foreign currency options with a leverage provision and a profit cap limitation.

X
- Definition Financial Instruments [Abstract] + References No definition available. + Details
Name: | bce_FinancialInstrumentsAbstract
Namespace Prefix: | bce_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of detailed information about hedging instruments. [Refer: Hedging instruments [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2021-01-01 -Paragraph 24A -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_24A&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the fair value measurement of assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2021-01-01 -Paragraph 93 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2021-en-r&anchor=para_93&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the fair value measurement of liabilities. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2021-01-01 -Paragraph 93 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2021-en-r&anchor=para_93&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of financial liabilities. [Refer: Financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2021-01-01 -Paragraph 7 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_7&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration