​

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

​

​

​

​

​

​

​

​

​

​

Cash flows used for capital expenditures

​

​

​

​

​

​

​

​

​

Additions to property, plant and equipment

​

$

488.0

​

$

446.0

​

$

389.3

Additions to intangible assets (excluding acquisitions of spectrum licences)

​

127.3

​

119.6

​

146.7

​

​

615.3

​

565.6

​

536.0

​

​

​

​

​

​

​

​

​

​

Cash, cash equivalents and restricted cash consist of

​

​

​

  ​

​

  ​

Cash and cash equivalents

​

$

128.0

​

$

39.9

​

$

8.0

Restricted cash

​

35.2

​

34.2

​

—

​

​

163.2

​

74.1

​

8.0

​

​

​

​

​

​

​

​

​

​

Net change in non-cash balances related to operating activities (excluding the effect of business acquisitions and disposals)

​

​

​

  ​

​

  ​

Accounts receivable

​

$

67.3

​

$

(19.4)

​

$

(110.5)

Contract costs

​

​

32.2

​

​

16.4

​

​

(8.1)

Contract assets

​

35.1

​

2.7

​

(52.1)

Inventories

​

21.7

​

(1.9)

​

(29.3)

Accounts payable, accrued charges and provisions

​

(60.2)

​

(25.9)

​

144.9

Income taxes

​

2.3

​

24.3

​

(61.6)

Deferred revenue

​

1.3

​

(5.6)

​

(2.7)

Defined benefit plans

​

16.4

​

16.6

​

9.8

Stock-based compensation

​

​

32.0

​

​

1.0

​

​

2.7

Other

​

38.4

​

(5.7)

​

27.6

​

​

186.5

​

2.5

​

(79.3)

​

​

​

​

​

​

​

​

​

​

Interest and income taxes reflected as operating activities

​

​

​

  ​

​

  ​

Cash interest payments

​

$

332.3

​

$

368.7

​

$

374.4

Cash income tax payments (net of refunds)

​

254.5

​

214.9

​

274.0