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PROPERTY, PLANT AND EQUIPMENT (Tables) | 12 Months Ended
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Dec. 31, 2024
Property, plant and equipment [abstract] |
Disclosure of detailed information about property, plant and equipment | Property, plant and equipment will be amortized over their remaining estimated useful lives, estimated as follows.
Asset | Basis | Estimated remaining useful life
Buildings | Diminishing balance | 1 to 36 years
Cable and wireless network | Straight-line | 1 to 30 years
Computer equipment and software | Straight-line | 1 to 10 years
Customer premise equipment | Straight-line | 1 to 5 years
Leasehold improvements | Straight-line | Over shorter of estimated useful life or lease term
Equipment and vehicles | Diminishing balance | 1 to 10 years
Right-of-use assets | Straight-line | Over remaining lease term
We depreciate property, plant and equipment over its estimated useful life by charging depreciation expense to net income as follows:
Asset | Basis | Estimated useful life
Buildings | Diminishing balance | 15 to 40 years
Cable and wireless network | Straight-line | 3 to 40 years
Computer equipment and software | Straight-line | 4 to 10 years
Customer premise equipment | Straight-line | 3 to 6 years
Leasehold improvements | Straight-line | Over shorter of estimated useful life or lease term
Equipment and vehicles | Diminishing balance | 3 to 20 years
The tables below summarize our property, plant and equipment as at December 31, 2024 and 2023.
(In millions of dollars) | Land and buildings | Cable and wireless networks | Computer equipment and software | Customer premise equipment | Leasehold improvements | Equipment and vehicles | Construction in process | Total owned assets | Right-of- use assets (note 9) | Total property, plant and equipment
Cost |  |  |  |  |  |  |  |  |  |
As at January 1, 2024 | 1,447 |  | 30,499 |  | 7,931 |  | 3,003 |  | 817 |  | 1,451 |  | 2,264 |  | 47,412 |  | 3,744 |  | 51,156 |
Additions and transfers | 296 |  | 2,466 |  | 425 |  | 285 |  | 37 |  | 121 |  | 470 |  | 4,100 |  | 480 |  | 4,580 |
Disposals and other | 262 |  | (815) |  | (442) |  | (83) |  | (11) |  | (45) |  | — |  | (1,134) |  | (177) |  | (1,311) |
As at December 31, 2024 | 2,005 |  | 32,150 |  | 7,914 |  | 3,205 |  | 843 |  | 1,527 |  | 2,734 |  | 50,378 |  | 4,047 |  | 54,425 |
Accumulated depreciation |  |  |  |  |  |  |  |  |  |
As at January 1, 2024 | 474 |  | 16,040 |  | 5,590 |  | 2,073 |  | 447 |  | 1,017 |  | — |  | 25,641 |  | 1,183 |  | 26,824 |
Depreciation | 106 |  | 2,068 |  | 866 |  | 492 |  | 63 |  | 70 |  | — |  | 3,665 |  | 408 |  | 4,073 |
Disposals and other | 134 |  | (766) |  | (468) |  | (148) |  | (14) |  | (43) |  | — |  | (1,305) |  | (239) |  | (1,544) |
As at December 31, 2024 | 714 |  | 17,342 |  | 5,988 |  | 2,417 |  | 496 |  | 1,044 |  | — |  | 28,001 |  | 1,352 |  | 29,353 |
Net carrying amount |  |  |  |  |  |  |  |  |  |
As at January 1, 2024 | 973 |  | 14,459 |  | 2,341 |  | 930 |  | 370 |  | 434 |  | 2,264 |  | 21,771 |  | 2,561 |  | 24,332 |
As at December 31, 2024 | 1,291 |  | 14,808 |  | 1,926 |  | 788 |  | 347 |  | 483 |  | 2,734 |  | 22,377 |  | 2,695 |  | 25,072 |

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