accounting policy developments (Tables)

6 Months Ended

Jun. 30, 2026

accounting policy developments

Schedule of adjusted net income


		Three-month period ended June 30, 2026															Six-month period ended June 30, 2026
		Unattributed amounts						Attributable to									Unattributed amounts						Attributable to
					Income tax			Common Shares ¹						Non-controlling						Income tax			Common Shares ¹						Non-controlling
(millions except per share amounts)		Total			effect			Total			Per basic share			interests			Total			effect			Total			Per basic share			interests
Reconciiation of net income (loss) with possible management-defined performance measure
Net income (loss)		$	(1,830)					$	(1,840)		$	(1.17)		$	10		$	(1,686)					$	(1,704)		$	(1.09)		$	18
Add (deduct):
Restructuring and other costs (Note 16(a))			189		$	(23)			189			0.12			—			504		$	(110)			504			0.32			—
Real estate rationalization-related restructuring impairments included in depreciation (Note 16(a))			—		$	—			—			—			—			4		$	(1)			4			—			—
Impairment of intangible assets and goodwill (Note 18(b))			2,135		$	(219)			2,135			1.36			—			2,135		$	(219)			2,135			1.36			—
Long-term debt prepayment premium (Note 9)			51		$	(14)			51			0.03			—			51		$	(14)			51			0.03			—
Income-tax related adjustments			(25)						(25)			(0.01)			—			(36)						(36)			(0.02)			—
Income tax on the above adjustments			(256)						(256)			(0.17)			—			(344)						(344)			(0.21)			—
Adjusted net income		$	264					$	254		$	0.16		$	10		$	628					$	610		$	0.39		$	18

									Possible management-defined performance measure															Possible management-defined performance measure

1	The amounts presented as being attributable to Common Shares are consistent with those that are disclosed and reconciled (as required by securities regulation) in Section 11.1 of the management’s discussion and analysis corresponding to these condensed interim consolidated financial statements.