REVENUE (Tables)

12 Months Ended

Dec. 31, 2022

The table below summarizes the nature of the various performance obligations in our contracts with customers and when we recognize performance on those obligations.


Performance obligations from contracts with customers			Timing of satisfaction of the performance obligation
Wireless airtime, data, and other services; television, telephony, Internet, and smart home monitoring services; network services; media subscriptions; and rental of equipment			As the service is provided (usually monthly)
Roaming, long-distance, and other optional or non-subscription services, and pay-per-use services			As the service is provided
Wireless devices and related equipment			Upon activation or purchase by the end customer
Installation services for Cable subscribers			When the services are performed
Advertising			When the advertising airs on our radio or television stations or is displayed on our digital properties
Subscriptions by television stations for subscriptions from cable and satellite providers			When the services are delivered to cable and satellite providers' subscribers (usually monthly)
Toronto Blue Jays' home game admission and concessions			When the related games are played during the baseball season and when goods are sold
Toronto Blue Jays revenue from the Major League Baseball Revenue Sharing Agreement, which redistributes funds between member clubs based on each club's relative revenue, as well as other league distributions			In the applicable period, when the amount is determinable
Today's Shopping Choice and Toronto Blue Jays merchandise			When the goods are transferred to the end customer
Radio and television broadcast agreements			When the related programs are aired
Sublicensing of program rights			Over the course of the applicable licence period

The table below shows the revenue we expect to recognize in the future related to unsatisfied or partially satisfied performance obligations as at December 31, 2022. The unsatisfied portion of the transaction price of the performance obligations relates to monthly services; we expect to recognize it over the next three to five years.


(In millions of dollars)	2023	2024	2025	Thereafter	Total
Telecommunications service	2,132	875	223	176	3,406

Explanation of significant changes in contract assets and contract liabilities

CONTRACT ASSETS

Below is a summary of our contract assets from contracts with customers, net of an allowance for doubtful accounts, and the significant changes in those balances during the years ended December 31, 2022 and 2021.


	Years ended December 31
(In millions of dollars)	2022	2021

Balance, beginning of year	204	621
Additions from new contracts with customers, net of terminations and renewals	121	121
Amortization of contract assets to accounts receivable	(128)	(538)

Balance, end of year	197	204

Current	111	115
Long-term	86	89

Balance, end of year	197	204

CONTRACT LIABILITIES

Below is a summary of our contract liabilities from contracts with customers and the significant changes in those balances during the years ended December 31, 2022 and 2021.


	Years ended December 31
(In millions of dollars)	2022	2021

Balance, beginning of year	446	405
Revenue deferred in previous year and recognized as revenue in current year	(397)	(393)
Net additions from contracts with customers	412	434

Balance, end of year	461	446

Current	400	394
Long-term	61	52

Balance, end of year	461	446

Disclosure of deferred commission costs assets

Below is a summary of the changes in the deferred commission cost assets recognized from the incremental costs incurred to obtain contracts with customers during the years ended December 31, 2022 and 2021. The deferred commission cost assets are presented within "other current assets" (when they will be amortized into net income within one year of the date of the financial statements) or other long-term assets.


	Years ended December 31
(In millions of dollars)	2022	2021

Balance, beginning of year	312	262
Additions to deferred commission cost assets	363	315
Amortization recognized on deferred commission cost assets	(301)	(265)

Balance, end of year	374	312

Current	265	219
Long-term	109	93

Balance, end of year	374	312

Disclosure of disaggregation of revenue from contracts with customers

DISAGGREGATION OF REVENUE


	Years ended December 31
(In millions of dollars)	2022	2021

Wireless
Service revenue	7,131	6,666
Equipment revenue	2,066	2,102

Total Wireless	9,197	8,768

Cable
Service revenue	4,046	4,052
Equipment revenue	25	20

Total Cable	4,071	4,072

Total Media	2,277	1,975

Corporate items and intercompany eliminations	(149)	(160)

Total revenue	15,396	14,655

Total service revenue	13,305	12,533
Total equipment revenue	2,091	2,122

Total revenue	15,396	14,655