v3.22.4
Consolidated Statements of Comprehensive Income - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Statement of Comprehensive Income [Abstract]      
Net income $ 5,118 $ 4,899 [1] $ 3,545 [2]
Other comprehensive income (loss)      
Net gain (loss) on foreign currency translation 366 (52) (81) [3]
Net change in pension and other postretirement benefit plans (250) 2,066 [2] 183 [2]
Derivative instruments (2) 0 (1) [3]
Other comprehensive income before income taxes 114 2,014 [2] 101 [2]
Income tax recovery (expense) 158 (544) [2] (73) [2]
Other comprehensive income 272 1,470 [2] 28 [2]
Comprehensive income $ 5,390 $ 6,369 [2] $ 3,573 [2]
[1] In the first quarter of 2022, the Company changed its method of calculating market-related values of pension assets for its defined benefit plans using a retrospective approach. Comparative figures have been restated to conform to the change in methodology. See Note 2 – Change in accounting policy for additional information.
[2] In the first quarter of 2022, the Company changed its method of calculating market-related values of pension assets for its defined benefit plans using a retrospective approach. Comparative figures have been restated to conform to the change in methodology. See Note 2 – Change in accounting policy for additional information.
[3] Comparative 2020 figures have been reclassified to conform with the current presentation.