| Disclosure of reconciliation of changes in property, plant and equipment, including right-of-use assets |
The tables below summarize our property, plant and equipment as at December 31, 2025 and 2024. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (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, 2025 | 2,005 | | 32,150 | | 7,914 | | 3,205 | | 843 | | 1,527 | | 2,734 | | 50,378 | | 4,047 | | 54,425 | | Additions and transfers from construction in process | 45 | | 2,916 | | 1,256 | | 365 | | 21 | | 139 | | (879) | | 3,863 | | 882 | | 4,745 | | Acquisitions from business combinations (note 3) | 652 | | — | | 20 | | — | | 92 | | 70 | | 40 | | 874 | | 121 | | 995 | | | Disposals and other | (18) | | (870) | | (576) | | 6 | | (71) | | (67) | | (98) | | (1,694) | | (253) | | (1,947) | | | As at December 31, 2025 | 2,684 | | 34,196 | | 8,614 | | 3,576 | | 885 | | 1,669 | | 1,797 | | 53,421 | | 4,797 | | 58,218 | | | | | | | | | | | | | | Accumulated depreciation | | | | | | | | | | | | As at January 1, 2025 | 714 | | 17,342 | | 5,988 | | 2,417 | | 496 | | 1,044 | | — | | 28,001 | | 1,352 | | 29,353 | | | Depreciation | 118 | | 2,146 | | 908 | | 477 | | 51 | | 90 | | — | | 3,790 | | 455 | | 4,245 | | | Disposals and other | (1) | | (821) | | (564) | | (67) | | (68) | | (57) | | — | | (1,578) | | (109) | | (1,687) | | | As at December 31, 2025 | 831 | | 18,667 | | 6,332 | | 2,827 | | 479 | | 1,077 | | — | | 30,213 | | 1,698 | | 31,911 | | | | | | | | | | | | | | Net carrying amount | | | | | | | | | | | | As at January 1, 2025 | 1,291 | | 14,808 | | 1,926 | | 788 | | 347 | | 483 | | 2,734 | | 22,377 | | 2,695 | | 25,072 | | | As at December 31, 2025 | 1,853 | | 15,529 | | 2,282 | | 749 | | 406 | | 592 | | 1,797 | | 23,208 | | 3,099 | | 26,307 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (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 from construction in process | 296 | | 2,466 | | 425 | | 285 | | 37 | | 121 | | 470 | | 4,100 | | 649 | | 4,749 | | | | | | | | | | | | | | Disposals and other | 262 | | (815) | | (442) | | (83) | | (11) | | (45) | | — | | (1,134) | | (346) | | (1,480) | | | 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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