v3.26.1
Consolidated Statements of Changes in Equity - CAD ($)
$ in Millions
Total
Share capital
Share capital
Common shares
Retained earnings
Retained earnings
Common shares
Accumulated other comprehensive income
Balance – beginning of year at Dec. 31, 2022   $ 10,294   $ 27,672   $ 209
Issued upon exercise of stock options   372        
Previously recognized liability on stock options exercised ‍for common shares   435        
Purchase of common shares under Normal Course Issuer Bid     $ (389)   $ (2,929)  
Net earnings $ 8,233     8,233    
Dividends on common shares       (4,028)    
Other comprehensive (loss) income, net of taxes (37)         (37)
Balance – end of year at Dec. 31, 2023 39,832 10,712 10,712 28,948   172
Issued upon exercise of stock options   280 280      
Previously recognized liability on stock options exercised ‍for common shares   358 358      
Purchase of common shares under Normal Course Issuer Bid     (286)   (2,414)  
Net earnings 6,106     6,106    
Dividends on common shares       (4,537)    
Other comprehensive (loss) income, net of taxes 129         129
Balance – end of year at Dec. 31, 2024 39,468 11,064 11,064 28,103   301
Issued upon exercise of stock options   264 264      
Previously recognized liability on stock options exercised ‍for common shares   273 273      
Purchase of common shares under Normal Course Issuer Bid (1,467)   (180) (1,287) $ (1,287)  
Net earnings 10,820     10,820    
Dividends on common shares       (4,910)    
Other comprehensive (loss) income, net of taxes (82)         (82)
Balance – end of year at Dec. 31, 2025 $ 44,366 $ 11,421 $ 11,421 $ 32,726   $ 219