Properties (Tables)

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]


	As at	December 31, 2023								December 31, 2022
In millions		Depreciation rate		Cost		Accumulated Depreciation		Net		Cost		Accumulated Depreciation		Net
Properties including finance leases
Track and roadway (1)		2	%	$	45,370	$	10,506	$	34,864	$	44,037	$	9,977	$	34,060
Rolling stock		4	%	8,544		3,401		5,143		8,233		3,295		4,938
Buildings		3	%	2,254		782		1,472		2,202		750		1,452
Information technology (2)		10	%	2,879		1,331		1,548		2,670		1,156		1,514
Other		5	%	2,964		1,374		1,590		2,921		1,348		1,573
Total properties including finance leases (3)				$	62,011	$	17,394	$	44,617	$	60,063	$	16,526	$	43,537

Finance leases included in properties


Finance leases included in properties
Track and roadway (4)	$	406	$	105	$	301	$	405	$	100	$	305
Rolling stock	28		1		27		12		1		11
Buildings	27		12		15		27		11		16
Other	107		34		73		101		31		70
Total finance leases included in properties	$	568	$	152	$	416	$	545	$	143	$	402

(1) As at December 31, 2023, includes land of $2,497 million (2022 - $2,483 million).

(2) In 2023, the Company capitalized costs for internally developed software and related licenses of $203 million (2022 - $213 million).

(3) In 2023, property additions, net of finance leases, were $3,187 million (2022 - $2,750 million), of which $1,529 million (2022 - $1,490 million) related to track and railway infrastructure maintenance, including the replacement of rail, ties, bridge improvements, and other general track maintenance.

(4) As at December 31, 2023, includes right-of-way access of $106 million (2022 - $106 million).