XML 78 R61.htm IDEA: XBRL DOCUMENT
v3.20.4

COMMITMENTS AND CONTINGENT LIABILITIES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
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, 2020 and 2019.
December 31, 2020 | 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 | 1,221 |  |  | 1,221 |  | 1,221 |  | — |  | — |  | — |
Accounts payable and accrued liabilities | 2,714 |  |  | 2,714 |  | 2,714 |  | — |  | — |  | — |
Long-term debt | 18,201 |  |  | 18,373 |  | 1,450 |  | 3,274 |  | 1,490 |  | 12,159 |
Lease liabilities | 1,835 |  |  | 2,353 |  | 278 |  | 647 |  | 300 |  | 1,128 |
Other long-term financial liabilities | 22 |  |  | 22 |  | — |  | 14 |  | 2 |  | 6 |
Expenditure derivative instruments: |  |  |  |  |  |  |
Cash outflow (Canadian dollar) | — |  |  | 2,134 |  | 1,305 |  | 829 |  | — |  | — |
Cash inflow (Canadian dollar equivalent of US dollar) | — |  |  | (2,024) |  | (1,222) |  | (802) |  | — |  | — |
Equity derivative instruments | — |  |  | (34) |  | (34) |  | — |  | — |  | — |
Debt derivative instruments accounted for as hedges: |  |  |  |  |  |  |
Cash outflow (Canadian dollar) | — |  |  | 11,114 |  | 86 |  | 2,516 |  | 937 |  | 7,575 |
Cash inflow (Canadian dollar equivalent of US dollar) 1 | — |  |  | (11,702) |  | (81) |  | (2,772) |  | (891) |  | (7,958) |
Debt derivative instruments not accounted for as hedges: |  |  |  |  |  |  |
Cash outflow (Canadian dollar) | — |  |  | 585 |  | 585 |  | — |  | — |  | — |
Cash inflow (Canadian dollar equivalent of US dollar) 1 | — |  |  | (573) |  | (573) |  | — |  | — |  | — |
Net carrying amount of derivatives (asset) | (1,011) |  |  |  |  |  |  |
| 22,982 |  |  | 24,183 |  | 5,729 |  | 3,706 |  | 1,838 |  | 12,910 |
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, 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) |  | — |  | — |  | — |
Bond forwards | — |  |  | — |  | — |  | — |  | — |  | — |
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. 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, 2020.
(In millions of dollars) |
2021 | 1,450 |
2022 | 1,555 |
2023 | 1,719 |
2024 | 600 |
2025 | 890 |
Thereafter | 12,159 |
Total long-term debt | 18,373 |
Below is a summary of the future minimum payments for our contractual commitments that are not recognized as liabilities as at December 31, 2020.
| Less than |  |  | After |
(In millions of dollars) | 1 Year | 1-3 Years | 4-5 Years | 5 Years | Total
Player contracts 1 | 73 |  | 87 |  | — |  | — |  | 160 |
Purchase obligations 2 | 295 |  | 178 |  | 70 |  | 48 |  | 591 |
Program rights 3 | 626 |  | 1,198 |  | 1,078 |  | 316 |  | 3,218 |
Total commitments | 994 |  | 1,463 |  | 1,148 |  | 364 |  | 3,969 |
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) |  | 2020
Acquisition of property, plant and equipment |  | 344 |
Acquisition of intangible assets |  | 30 |
Commitments related to associates and joint ventures |  | 405 |
Total other commitments |  | 779 |

X
- Definition The disclosure of commitments. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2020-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2020-en-r&anchor=para_10_e&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfCommitmentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of a maturity analysis for non-derivative financial liabilities (including issued financial guarantee contracts) that shows the remaining contractual maturities. [Refer: Derivative financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 39 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_39_a&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Other Provisions, Contingent Liabilities and Contingent Assets [Abstract] + References No definition available. + Details
Name: | rci_OtherProvisionsContingentLiabilitiesandContingentAssetsAbstract
Namespace Prefix: | rci_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration