XML 24 R7.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Cash Flows - CAD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating activities    
Net income $ 1,045 $ 1,009
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,060 959
Income from equity investments, net of dividends (22) (61)
Allowance for funds used during construction ("AFUDC") - equity (38) (52)
Deferred income taxes, net 97 152
Net change in pension and post-retirement liabilities (68) (48)
NSPI Fuel adjustment mechanism ("FAM") (88) (162)
Net change in Fair Value ("FV") of derivative instruments (666) 206
Net change in regulatory assets and liabilities 554 (471)
Net change in capitalized transportation capacity 434 (445)
GBPC Impairment charge 0 73
Other operating activities, net 28 (13)
Changes in non-cash working capital (note 30) (95) (234)
Net cash provided by operating activities 2,241 913
Investing activities    
Additions to PP&E (2,937) (2,596)
Other investing activities 20 27
Net cash used in investing activities (2,917) (2,569)
Financing activities    
Change in short-term debt, net (66) 1,028
Proceeds from short-term debt with maturities greater than 90 days 548 544
Repayment of short-term debt with maturities greater than 90 days (1,086) (680)
Proceeds from long-term debt, net of issuance costs 1,932 784
Retirement of long-term debt (151) (367)
Net (repayments) proceeds under committed credit facilities (96) 511
Issuance of common stock, net of issuance costs 424 277
Dividends on common stock (488) (472)
Dividends on preferred stock (66) (63)
Other financing activities (12) (7)
Net cash provided by financing activities 939 1,555
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (7) 16
Net increase (decrease) in cash, cash equivalents, and restricted cash 256 (85)
Cash, cash equivalents, and restricted cash, beginning of year 332 417
Cash, cash equivalents, and restricted cash, end of year $ 588 $ 332