v3.25.4
FINANCIAL RISK MANAGEMENT AND FINANCIAL INSTRUMENTS - Narrative (Details)
derivative in Millions
1 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2025
CAD ($)
$ / shares
derivative
Mar. 31, 2025
CAD ($)
Dec. 31, 2025
CAD ($)
$ / shares
derivative
Jun. 20, 2025
CAD ($)
Dec. 31, 2025
CAD ($)
$ / $
$ / shares
derivative
Dec. 31, 2025
USD ($)
$ / $
$ / shares
derivative
Dec. 31, 2024
CAD ($)
$ / shares
$ / $
Dec. 31, 2024
USD ($)
$ / $
Dec. 31, 2025
USD ($)
$ / shares
derivative
Mar. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
$ / shares
Disclosure of detailed information about financial instruments [line items]                      
Derivative financial instrument, hedging percentage         100.00% 100.00%          
Hedged item, liabilities $ 300,000,000   $ 300,000,000   $ 300,000,000            
Hedged item, liabilities, fixed interest rate 3.55%   3.55%   3.55%       3.55%    
Proceeds received from derivative         $ 114,000,000   $ 107,000,000        
Payment on derivatives settled         52,731,000,000   27,534,000,000        
Debt derivatives                      
Disclosure of detailed information about financial instruments [line items]                      
Proceeds received from derivative $ 25,000,000                    
Debt derivatives settled         334,000,000 $ 247,000,000 283,000,000 $ 214,000,000      
Payment on derivatives settled         16,379,000,000   25,746,000,000        
Derivatives entered, notional amount         332,000,000 $ 241,000,000 371,000,000 $ 271,000,000      
Debt derivatives | Cash flow hedges                      
Disclosure of detailed information about financial instruments [line items]                      
Notional amount $ 0   $ 0   0            
Payment on derivatives settled         $ 4,939,000,000   $ 196,000,000        
Lease Liabilities | Cash flow hedges                      
Disclosure of detailed information about financial instruments [line items]                      
Notional amount                 $ 410,000,000   $ 416,000,000
Average foreign exchange rate | $ / $         1.365 1.365 1.349 1.349      
Expenditure derivative instruments:                      
Disclosure of detailed information about financial instruments [line items]                      
Payment on derivatives settled         $ 63,000,000            
Expenditure derivative instruments: | Cash flow hedges                      
Disclosure of detailed information about financial instruments [line items]                      
Payment on derivatives settled         $ 1,908,000,000   $ 1,590,000,000        
Equity derivative instruments                      
Disclosure of detailed information about financial instruments [line items]                      
Average foreign exchange rate | $ / shares         50.98 50.98          
Derivative financial instruments, maturity term         1 year 1 year          
Derivative financial instruments, option to extend contracts, period         1 year 1 year          
Weighted average price of hedging instrument (in canadian dollars per share) | $ / shares             53.27       53.27
Debt derivatives settled         $ 1,500,000            
Average price of derivative settled (in canadian dollars per share) | $ / shares 35.32   35.32   35.32       35.32    
Payment on derivatives settled         $ 60,000,000   $ 0        
Number of derivatives with reset pricing | derivative 2.3   2.3   2.3       2.3    
Number of derivatives entered into during period | derivative         1.0 1.0          
Equity derivative instruments | Derivative Settlement                      
Disclosure of detailed information about financial instruments [line items]                      
Payment on derivatives settled         $ 22,000,000            
Equity derivative instruments | Derivative Pricing Reset                      
Disclosure of detailed information about financial instruments [line items]                      
Payment on derivatives settled         38,000,000            
Equity derivative instruments | Class B Non-Voting Shares                      
Disclosure of detailed information about financial instruments [line items]                      
Derivative financial assets outstanding $ 5,500,000   $ 5,500,000   $ 5,500,000   $ 6,000,000.0        
Weighted average price of hedging instrument (in canadian dollars per share) | $ / shares 46.81   46.81   46.81   53.27   46.81   53.27
Subsidiary equity derivative instruments                      
Disclosure of detailed information about financial instruments [line items]                      
Proceeds received from derivative     $ 24,000,000 $ 44,000,000              
Payment on derivatives settled         $ 29,379,000,000            
Derivatives entered, notional amount         $ 6,700,000,000 $ 4,850,000,000          
Derivative, cash flow before conversion, percentage         8.00% 8.00%          
Derivative, cash flow after conversion, percentage         7.16% 7.16%          
Bank credit facilities | Debt derivatives | Cash flow hedges                      
Disclosure of detailed information about financial instruments [line items]                      
Notional amount                 $ 1,048,000,000    
Average foreign exchange rate | $ / $         1.439 1.439          
US CP Program | Debt derivatives | Cash flow hedges                      
Disclosure of detailed information about financial instruments [line items]                      
Notional amount                 314,000,000    
Average foreign exchange rate | $ / $         1.423 1.423          
Senior Notes, Debentures, And Subordinated Debt | Cash flow hedges                      
Disclosure of detailed information about financial instruments [line items]                      
Notional amount                 15,911,000,000   $ 17,250,000,000
Average foreign exchange rate | $ / $         1.287 1.287 1.272 1.272      
Senior Notes Due 2025 - 2.950%                      
Disclosure of detailed information about financial instruments [line items]                      
Notional amount                   $ 1,000,000,000  
Interest rate                   2.95%  
Proceeds received from derivative   $ 95,000,000                  
Senior Notes Due 2025 - 2.950% | Fixed interest rate                      
Disclosure of detailed information about financial instruments [line items]                      
Notional amount                 $ 1,000,000,000    
Interest rate 2.95%   2.95%   2.95%       2.95%    
Senior Notes Due 2025 - 2.950% | Debt derivatives                      
Disclosure of detailed information about financial instruments [line items]                      
Proceeds received from derivative   $ 95,000,000                  
Senior Notes Due 2025 - 3.625%                      
Disclosure of detailed information about financial instruments [line items]                      
Notional amount $ 700,000,000   $ 700,000,000   $ 700,000,000       $ 700,000,000    
Interest rate 3.625%   3.625%   3.625%       3.625%    
Senior Notes Due 2025 - 3.625% | Fixed interest rate                      
Disclosure of detailed information about financial instruments [line items]                      
Notional amount                 $ 700,000,000    
Interest rate 3.625%   3.625%   3.625%       3.625%    
Senior Notes Due 2025 - 3.625% | Debt derivatives                      
Disclosure of detailed information about financial instruments [line items]                      
Proceeds received from derivative $ 25,000,000