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COMMITMENTS AND CONTINGENT LIABILITIES (Tables)
 12 Months Ended
Dec. 31, 2019
Other Provisions, Contingent Liabilities and Contingent Assets [Abstract]  
Disclosure of maturity analysis for commitments
Below is a summary of the undiscounted contractual maturities of our financial liabilities and the receivable components of our derivatives as at December 31, 2019 and 2018.
December 31, 2019
Carrying

 
Contractual

Less than

1 to 3

4 to 5

More than

(In millions of dollars)
amount

 
cash flows

1 year

years

years

5 years

 
 

 
 
 
 
 
 
Short-term borrowings
2,238

 
2,238

2,238

—

—

—

Accounts payable and accrued liabilities
3,033

 
3,033

3,033

—

—

—

Long-term debt
15,967

 
16,130

—

2,050

2,353

11,727

Lease liabilities
1,725

 
2,220

230

413

326

1,251

Other long-term financial liabilities
26

 
26

—

12

7

7

Expenditure derivative instruments:
 
 
 
 
 
 
 
Cash outflow (Canadian dollar)
—

 
1,287

1,248

39

—

—

Cash inflow (Canadian dollar equivalent of US dollar)
—

 
(1,286
)
(1,247
)
(39
)
—

—

Equity derivative instruments
—

 
(55
)
(55
)
—

—

—

Debt derivative instruments accounted for as hedges:
 
 
 
 
 
 
 
Cash outflow (Canadian dollar)
—

 
9,903

—

—

1,392

8,511

Cash inflow (Canadian dollar equivalent of US dollar) 1
—

 
(10,780
)
—

—

(1,753
)
(9,027
)
Debt derivative instruments not accounted for as hedges:
 
 
 
 
 
 
 
Cash outflow (Canadian dollar)
—

 
1,622

1,622

—

—

—

Cash inflow (Canadian dollar equivalent of US dollar) 1
—

 
(1,593
)
(1,593
)
—

—

—

Net carrying amount of derivatives (asset)
(1,439
)
 
 
 
 
 
 
 
21,550

 
22,745

5,476

2,475

2,325

12,469

1 
Represents Canadian dollar equivalent amount of US dollar inflows matched to an equal amount of US dollar maturities in long-term debt for debt derivatives.
December 31, 2018
Carrying

 
Contractual

Less than

1 to 3

4 to 5

More than

(In millions of dollars)
amount

 
cash flows

1 year

years

years

5 years

 
 

 
 
 
 
 
 
Short-term borrowings
2,255

 
2,255

2,255

—

—

—

Accounts payable and accrued liabilities
3,052

 
3,052

3,052

—

—

—

Long-term debt
14,290

 
14,404

900

2,350

2,442

8,712

Other long-term financial liabilities
38

 
38

1

24

5

8

Expenditure derivative instruments:
 

 
 
 
 
 
 
Cash outflow (Canadian dollar)
—

 
1,341

1,045

296

—

—

Cash inflow (Canadian dollar equivalent of US dollar)
—

 
(1,473
)
(1,146
)
(327
)
—

—

Equity derivative instruments
—

 
(92
)
(92
)
—

—

—

Debt derivative instruments accounted for as hedges:
 

 
 
 
 
 
 
Cash outflow (Canadian dollar)
—

 
6,920

—

—

1,392

5,528

Cash inflow (Canadian dollar equivalent of US dollar) 1
—

 
(8,254
)
—

—

(1,842
)
(6,412
)
Debt derivative instruments not accounted for as hedges:
 
 
 
 
 
 
 
Cash outflow (Canadian dollar)
—

 
1,560

1,560

—

—

—

Cash inflow (Canadian dollar equivalent of US dollar) 1
—

 
(1,601
)
(1,601
)
—

—

—

Bond forwards
—

 
87

87

—

—

—

Net carrying amount of derivatives (asset)
(1,500
)
 
 
 
 
 
 
 
18,135

 
18,237

6,061

2,343

1,997

7,836

1 
Represents Canadian dollar equivalent amount of US dollar inflows matched to an equal amount of US dollar maturities in long-term debt for debt derivatives.

Below is a summary of the principal repayments on our long-term debt due in each of the next five years and thereafter as at December 31, 2019.
(In millions of dollars)
 
2020
—

2021
1,450

2022
600

2023
1,753

2024
600

Thereafter
11,727

Total long-term debt
16,130



Below is a summary of the future minimum payments for our contractual commitments that are not recognized as liabilities as at December 31, 2019.
 
Less than

 
 
After

 
(In millions of dollars)
1 Year

1-3 Years

4-5 Years

5 Years

Total

 
 
 
 
 
 
Player contracts 1
95

108

45

—

248

Purchase obligations 2
312

215

92

41

660

Program rights 3
620

1,111

1,052

830

3,613

 
 
 
 
 
 
Total commitments
1,027

1,434

1,189

871

4,521

1 
Toronto Blue Jays players' salary contracts into which we have entered and are contractually obligated to pay.
2 
Contractual obligations under service, product, and wireless device contracts to which we have committed.
3 
Agreements into which we have entered to acquire broadcasting rights for programs and films for periods in excess of one year at contract inception.
Disclosure of commitments
Below is a summary of our other contractual commitments that are not included in the table above.
  
 
As at December 31

(In millions of dollars)
 
2019

 
 
 
Acquisition of property, plant and equipment
 
200

Acquisition of intangible assets
 
63

Commitments related to associates and joint ventures
 
312

 
 
 
Total other commitments
 
575