XML 122 R106.htm IDEA: XBRL DOCUMENT
v3.22.0.1

FINANCIAL RISK MANAGEMENT AND FINANCIAL INSTRUMENTS - Details of Derivative Instruments (Details) shares in Millions |  | 12 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | ---
Jun. 22, 2020 CAD ($) | Dec. 31, 2021 CAD ($) $ / shares $ / $ shares | Dec. 31, 2021 USD ($) $ / $ shares | Dec. 31, 2020 CAD ($) $ / $ $ / shares shares | Dec. 31, 2020 USD ($) $ / $ shares | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | Jun. 22, 2020 USD ($) | Dec. 31, 2019 CAD ($)
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |  |  |  |  |
Net cash paid on settlement |  | $ (8,000,000) |  | $ 80,000,000 |  |  |  |  |
Hedging effect, net proceeds received from issuances |  | 550,000,000 |  | 2,540,000,000 |  |  |  |  |
Payments to settle derivative |  | 5,236,000,000 |  | 8,047,000,000 |  |  |  |  |
Derivative financial assets outstanding |  | 895,000,000 |  | $ 1,011,000,000 |  |  |  |  | $ 1,439,000,000
Senior Notes Due 2022 |  |  |  |  |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |  |  |  |  |
Notional amount |  | $ 1,450,000,000 |  |  |  |  |  |  |
Coupon rate |  | 5.34% |  |  |  | 5.34% |  |  |
Senior Notes Due 2022 | Floating interest rate |  |  |  |  |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |  |  |  |  |
Notional amount |  |  |  |  |  | $ 750,000,000 |  | $ 750,000,000 |
Spread on variable rate (as a percent) |  |  |  |  |  |  |  | 0.60% |
Hedging effect, net proceeds received from issuances | $ 1,019,000,000 |  |  |  |  |  |  |  |
Debt derivatives |  |  |  |  |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |  |  |  |  |
Debt derivatives settled, exchange rate | $ / $ |  |  |  | 1.372 | 1.372 |  |  |  |
Payments to settle derivative |  | $ 3,931,000,000 |  | $ 6,826,000,000 |  |  |  |  |
Outstanding bond forwards |  | (11,000,000) |  | 12,000,000 |  |  |  |  |
Derivative financial assets outstanding |  | 1,121,000,000 |  | 1,086,000,000 |  |  |  |  |
Debt derivatives | Credit facilities |  |  |  |  |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |  |  |  |  |
Debt derivatives entered, notional |  | $ 1,503,000,000 | $ 1,200,000,000 | $ 1,385,000,000 | $ 970,000,000 |  |  |  |
Debt derivatives entered, exchange rate | $ / $ |  | 1.253 | 1.253 | 1.428 | 1.428 |  |  |  |
Debt derivatives settled, notional amount |  | $ 1,003,000,000 | $ 800,000,000 | $ 1,364,000,000 | $ 970,000,000 |  |  |  |
Debt derivatives settled, exchange rate | $ / $ |  | 1.254 | 1.254 | 1.406 | 1.406 |  |  |  |
Net cash paid on settlement |  | $ (2,000,000) |  | $ (21,000,000) |  |  |  |  |
Debt derivatives | US commercial paper program |  |  |  |  |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |  |  |  |  |
Debt derivatives entered, notional |  | $ 3,235,000,000 | $ 2,568,000,000 | $ 4,406,000,000 | $ 3,316,000,000 |  |  |  |
Debt derivatives entered, exchange rate | $ / $ |  | 1.260 | 1.260 | 1.329 | 1.329 |  |  |  |
Debt derivatives settled, notional amount |  | $ 2,911,000,000 | $ 2,312,000,000 | $ 5,441,000,000 | $ 4,091,000,000 |  |  |  |
Debt derivatives settled, exchange rate | $ / $ |  | 1.259 | 1.259 | 1.330 | 1.330 |  |  |  |
Net cash paid on settlement |  | $ (15,000,000) |  | $ 101,000,000 |  |  |  |  |
Debt derivatives | Senior Notes Due 2022 | Floating interest rate |  |  |  |  |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |  |  |  |  |
Coupon rate |  |  |  |  |  |  |  | 0.955% |
Hedging effect, net proceeds received from issuances | $ 1,019,000,000 |  |  |  |  |  |  |  |
Expenditure derivatives |  |  |  |  |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |  |  |  |  |
Debt derivatives entered, notional |  | $ 545,000,000 | $ 438,000,000 | $ 2,095,000,000 | $ 1,560,000,000 |  |  |  |
Debt derivatives entered, exchange rate | $ / $ |  | 1.244 | 1.244 | 1.343 | 1.343 |  |  |  |
Debt derivatives settled, notional amount |  | $ 1,306,000,000 | $ 960,000,000 | $ 1,221,000,000 | $ 940,000,000 |  |  |  |
Debt derivatives settled, exchange rate | $ / $ |  | 1.360 | 1.360 | 1.299 | 1.299 |  |  |  |
Equity derivatives |  |  |  |  |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |  |  |  |  |
Net cash paid on settlement |  | $ 3,000,000 |  | $ 1,000,000 |  |  |  |  |
Payments to settle derivative |  | $ 0 |  | $ 0 |  |  |  |  |
Weighted average price of hedging instrument | $ / shares |  | 60.98 |  | 56.08 |  |  |  |  |
Derivative financial assets outstanding |  | $ 36,000,000 |  | $ 34,000,000 |  |  |  |  | 55,000,000
Derivatives entered |  | $ 400,000 |  | $ 300,000 |  |  |  |  |
Number of derivatives settled (in shares) | shares |  | 0.5 | 0.5 | 0.5 | 0.5 |  |  |  |
Derivatives settled, weighted average price (in dollars per share) | $ / shares |  | $ 59.64 |  | $ 54.16 |  |  |  |  |
Equity derivatives | Class B Non-Voting Shares |  |  |  |  |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |  |  |  |  |
Weighted average price of hedging instrument | $ / shares |  | 53.10 |  | 51.82 |  |  |  |  |
Derivative financial assets outstanding |  | $ 5,000,000 |  | $ 4,600,000 |  |  |  |  |
Equity derivatives | Less than 1 year |  |  |  |  |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |  |  |  |  |
Weighted average price of hedging instrument | $ / shares |  | 50.37 |  |  |  |  |  |  |
Lease Liabilities |  |  |  |  |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |  |  |  |  |
Debt derivatives entered, notional |  | $ 168,000,000 | $ 132,000,000 | $ 158,000,000 | $ 115,000,000 |  |  |  |
Debt derivatives entered, exchange rate | $ / $ |  | 1.273 | 1.273 | 1.374 | 1.374 |  |  |  |
Debt derivatives settled, notional amount |  | $ 108,000,000 | $ 81,000,000 | $ 59,000,000 | $ 43,000,000 |  |  |  |
Debt derivatives settled, exchange rate | $ / $ |  | 1.333 | 1.333 |  |  |  |  |  |
Cash flow hedges | Debt derivatives |  |  |  |  |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |  |  |  |  |
Notional amount |  |  |  |  |  | 11,200,000,000 | $ 9,200,000,000 |  |
Payments to settle derivative |  | $ 0 |  | 0 |  |  |  |  |
Derivative financial assets outstanding |  | $ 1,110,000,000 |  | $ 1,098,000,000 |  |  |  |  | 1,412,000,000
Cash flow hedges | Expenditure derivatives |  |  |  |  |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |  |  |  |  |
Notional amount |  |  |  |  |  | $ 1,068,000,000 | $ 1,590,000,000 |  |
Percent of derivatives designated as hedges |  | 100.00% |  | 100.00% |  | 100.00% | 100.00% |  |
Average foreign exchange rate | $ / $ |  | 1.287 | 1.287 | 1.342 | 1.342 |  |  |  |
Payments to settle derivative |  | $ 1,305,000,000 |  | $ 1,221,000,000 |  |  |  |  |
Outstanding bond forwards |  | $ 19,000,000 |  |  |  |  |  |  |
Derivative financial assets outstanding |  |  |  | $ (109,000,000) |  |  |  |  | $ 1,000,000
Cash flow hedges | Lease Liabilities |  |  |  |  |  |  |  |  |
Disclosure of detailed information about financial instruments [line items] |  |  |  |  |  |  |  |  |
Notional amount |  |  |  |  |  | $ 193,000,000 | $ 142,000,000 |  |
Average foreign exchange rate | $ / $ |  | 1.301 | 1.301 | 1.352 | 1.352 |  |  |  |

X
- Definition The average exchange rate used by the entity. Exchange rate is the ratio of exchange for two currencies. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_112_c&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_AverageForeignExchangeRate
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | duration

X
- Definition The average price of a hedging instrument. [Refer: Hedging instruments [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2021-01-01 -Paragraph 23B -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2021-en-r&anchor=para_23B_b&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_AveragePriceOfHedgingInstrument
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition The adjustment to the basis (reference rate) used for calculation of the interest rate on borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -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_BorrowingsAdjustmentToInterestRateBasis
Namespace Prefix: | ifrs-full_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The interest rate on borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -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_BorrowingsInterestRate
Namespace Prefix: | ifrs-full_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of financial assets classified as derivative instruments. [Refer: Financial assets; Derivatives [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 55 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_55&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DerivativeFinancialAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of financial liabilities classified as derivative instruments. [Refer: Financial assets; Derivatives [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 55 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_55&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DerivativeFinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfFinancialInstrumentsLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The nominal or face amount of a financial instrument, used to calculate payments made on that instrument. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_112_c&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_NotionalAmount
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash inflow from non-current borrowings obtained. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 7 -IssueDate 2021-01-01 -Paragraph 17 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=7&code=ifrs-tx-2021-en-r&anchor=para_17&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_ProceedsFromNoncurrentBorrowings
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Derivative, Entered Into During Period, Exchange Rate + References No definition available. + Details
Name: | rci_DerivativeEnteredIntoDuringPeriodExchangeRate
Namespace Prefix: | rci_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Derivative, Entered Into During Period, Notional Amount + References No definition available. + Details
Name: | rci_DerivativeEnteredIntoDuringPeriodNotionalAmount
Namespace Prefix: | rci_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Derivative Financial Assets, Increase + References No definition available. + Details
Name: | rci_DerivativeFinancialAssetsIncrease
Namespace Prefix: | rci_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Derivative, Settled During Period, Average Price Of Hedging Instrument + References No definition available. + Details
Name: | rci_DerivativeSettledDuringPeriodAveragePriceOfHedgingInstrument
Namespace Prefix: | rci_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Derivative, Settled During Period, Exchange Rate + References No definition available. + Details
Name: | rci_DerivativeSettledDuringPeriodExchangeRate
Namespace Prefix: | rci_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Derivative, Settled During Period, Notional Amount + References No definition available. + Details
Name: | rci_DerivativeSettledDuringPeriodNotionalAmount
Namespace Prefix: | rci_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Derivative, Settled During Period, Shares + References No definition available. + Details
Name: | rci_DerivativeSettledDuringPeriodShares
Namespace Prefix: | rci_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Payments For Hedge, Financing Activities1 + References No definition available. + Details
Name: | rci_PaymentsForHedgeFinancingActivities1
Namespace Prefix: | rci_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Payments for (Proceeds from) Hedge, Financing Activities1 + References No definition available. + Details
Name: | rci_PaymentsforProceedsfromHedgeFinancingActivities1
Namespace Prefix: | rci_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Percent of Derivatives Designated as Hedges + References No definition available. + Details
Name: | rci_PercentofDerivativesDesignatedasHedges
Namespace Prefix: | rci_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=rci_SeniorNotesDue2022Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FloatingInterestRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=rci_DebtDerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=rci_LineOfCreditFacilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=rci_USCommercialPaperProgramMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=rci_ExpenditureDerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=rci_EquityDerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfShareCapitalAxis=rci_ClassBNonVotingSharesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_LeaseLiabilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfHedgesAxis=ifrs-full_CashFlowHedgesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |