XML 117 R8.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated statements of cash flows - CAD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities    
Net earnings $ 2,327 $ 2,926
Adjustments to reconcile net earnings to cash flows from operating activities    
Severance, acquisition and other costs 200 94
Depreciation and amortization 4,918 4,723
Post-employment benefit plans cost 98 198
Net interest expense 1,408 1,124
Impairment of assets 143 279
Gains on investments (80) (24)
Net equity losses from investments in associates and joint ventures 581 42
Income taxes 996 967
Contributions to post-employment benefit plans (52) (140)
Payments under other post-employment benefit plans (64) (64)
Severance and other costs paid (178) (129)
Interest paid (1,486) (1,197)
Income taxes paid (net of refunds) (700) (749)
Acquisition and other costs paid (8) (10)
Change in contract assets (11) (59)
Change in wireless device financing plan receivables (46) 22
Net change in operating assets and liabilities (100) 362
Cash flows from operating activities 7,946 8,365
Cash flows used in investing activities    
Capital expenditures (4,581) (5,133)
Purchase of other short-term assets, classified as investing activities (1,000) 0
Business acquisitions (222) (429)
Business disposition 209 52
Spectrum licences (183) (3)
Other investing activities (4) (4)
Cash flows used in investing activities (5,781) (5,517)
Cash flow used in financing activities    
(Decrease) increase in notes payable (646) 111
Increase in securitized receivables 0 700
Issue of long-term debt 5,195 1,951
Repayment of long-term debt (1,858) (2,023)
Repurchase of financial liability (149) 0
Issue of common shares 18 171
Purchase of shares for settlement of share-based payments (223) (255)
Repurchase of preferred shares (140) (125)
Cash dividends paid on common shares (3,486) (3,312)
Cash dividends paid on preferred shares (182) (136)
Cash dividends paid by subsidiaries to non-controlling interest (47) (39)
Other financing activities (24) (31)
Cash flow used in financing activities (1,542) (2,988)
Net increase in cash 448 (190)
Cash at beginning of year 99 289
Cash at end of year 547 99
Net increase in cash equivalents 175 50
Cash equivalents at beginning of year 50 0
Cash equivalents at end of year $ 225 $ 50