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LEASES (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of leases [Abstract]

Summary of activity related to lease liabilities

Below is a summary of the activity related to our lease liabilities for the year ended December 31, 2022. Certain of our lease liabilities are secured by the underlying right-of-use assets; the underlying right-of-use assets have a net carrying amount of $400 million as at December 31, 2022 (2021 - $338 million).

						Years ended December 31
(In millions of dollars)						2022			2021
Lease liabilities, beginning of year						1,957			1,835
Net additions						383			386
Interest expense on lease liabilities						80			74
Interest payments on lease liabilities						(76)			(69)
Principal payments of lease liabilities						(316)			(269)
Lease liabilities, end of year						2,028			1,957
Current liability						362			336
Long-term liability						1,666			1,621
Lease liabilities						2,028			1,957

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