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FINANCE COSTS (Tables) | 12 Months Ended
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Dec. 31, 2021
Finance Costs [Abstract] |
Schedule of finance cost |
|  | Years ended December 31
(In millions of dollars) | Note | 2021 | 2020
Interest on borrowings 1 |  | 745 |  | 780 |
Interest on lease liabilities | 8 |  | 74 |  | 70 |
Interest on post-employment benefits liability | 23 |  | 14 |  | 13 |
Loss on foreign exchange |  | 10 |  | 107 |
Change in fair value of derivative instruments |  | (6) |  | (97) |
Capitalized interest |  | (17) |  | (19) |
Other |  | 29 |  | 27 |
Total finance costs |  | 849 |  | 881 |
1 Interest on borrowings includes interest on short-term borrowings and on long-term debt.

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