| property, plant and equipment |
17 | property, plant and equipment |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Owned assets | | Right-of-use lease assets (Note 19) | | | | | | | | | Buildings and | | Computer | | | | | | | | Assets | | | | | | | | | | | | | | | | | | | | | Network | | leasehold | | hardware | | | | | Investment | | under | | | | | Network | | | | | | | | | | | (millions) | | assets | | improvements | | and other | | Land | | property | | construction | | Total | | assets | | Real estate | | Other | | Total | | Total | AT COST | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance as at January 1, 2026 | | $ | 38,005 | | $ | 4,018 | | $ | 1,898 | | $ | 85 | | $ | 46 | | $ | 721 | | $ | 44,773 | | $ | 2,150 | | $ | 2,818 | | $ | 80 | | $ | 5,048 | | $ | 49,821 | Additions | | | 388 | | | 11 | | | 22 | | | — | | | — | | | 409 | | | 830 | | | 372 | | | 189 | | | 31 | | | 592 | | | 1,422 | Assets under construction put into service | | | 5 | | | 96 | | | 36 | | | — | | | — | | | (137) | | | — | | | — | | | — | | | — | | | — | | | — | Transfers | | | 1,082 | | | — | | | 24 | | | — | | | — | | | — | | | 1,106 | | | (1,106) | | | — | | | — | | | (1,106) | | | — | Dispositions, retirements and other | | | (315) | | | (33) | | | (28) | | | (3) | | | — | | | — | | | (379) | | | — | | | (76) | | | (4) | | | (80) | | | (459) | Net foreign exchange differences | | | 3 | | | 6 | | | 11 | | | — | | | — | | | 6 | | | 26 | | | — | | | 18 | | | — | | | 18 | | | 44 | Balance as at June 30, 2026 | | $ | 39,168 | | $ | 4,098 | | $ | 1,963 | | $ | 82 | | $ | 46 | | $ | 999 | | $ | 46,356 | | $ | 1,416 | | $ | 2,949 | | $ | 107 | | $ | 4,472 | | $ | 50,828 | ACCUMULATED DEPRECIATION | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance as at January 1, 2026 | | $ | 26,410 | | $ | 2,556 | | $ | 1,392 | | $ | — | | $ | 1 | | $ | — | | $ | 30,359 | | $ | 374 | | $ | 1,565 | | $ | 20 | | $ | 1,959 | | $ | 32,318 | Depreciation 1 | | | 793 | | | 80 | | | 87 | | | — | | | 1 | | | — | | | 961 | | | 59 | | | 137 | | | 17 | | | 213 | | | 1,174 | Transfers | | | 324 | | | — | | | 11 | | | — | | | — | | | — | | | 335 | | | (335) | | | — | | | — | | | (335) | | | — | Dispositions, retirements and other | | | (338) | | | (34) | | | (35) | | | — | | | — | | | — | | | (407) | | | (1) | | | (97) | | | (4) | | | (102) | | | (509) | Net foreign exchange differences | | | 2 | | | 4 | | | 8 | | | — | | | — | | | — | | | 14 | | | — | | | 12 | | | — | | | 12 | | | 26 | Balance as at June 30, 2026 | | $ | 27,191 | | $ | 2,606 | | $ | 1,463 | | $ | — | | $ | 2 | | $ | — | | $ | 31,262 | | $ | 97 | | $ | 1,617 | | $ | 33 | | $ | 1,747 | | $ | 33,009 | NET BOOK VALUE | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance as at December 31, 2025 | | $ | 11,595 | | $ | 1,462 | | $ | 506 | | $ | 85 | | $ | 45 | | $ | 721 | | $ | 14,414 | | $ | 1,776 | | $ | 1,253 | | $ | 60 | | $ | 3,089 | | $ | 17,503 | Balance as at June 30, 2026 | | $ | 11,977 | | $ | 1,492 | | $ | 500 | | $ | 82 | | $ | 44 | | $ | 999 | | $ | 15,094 | | $ | 1,319 | | $ | 1,332 | | $ | 74 | | $ | 2,725 | | $ | 17,819 |
| 1 | For the six-month periods ended June 30, 2026, depreciation includes $3 in respect of impairment of real estate right-of-use lease assets. |
As at June 30, 2026, our contractual commitments for the property, plant and equipment acquisitions totalled $211 million over a period ending December 31, 2028 (December 31, 2025 – $184 million over a period ending December 31, 2027).
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