XML 79 R45.htm IDEA: XBRL DOCUMENT v3.8.0.1
Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Loss (Tables)
 12 Months Ended
Dec. 31, 2017
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Components of Other comprehensive (loss) income and related tax effects The components of Other comprehensive income (loss) and the related tax effects are as follows:
(in millions of Canadian dollars)
Before
tax amount

Income tax (expense) recovery

Net of tax
amount

For the year ended December 31, 2017
 
 
 
Unrealized foreign exchange (loss) gain on:
 
 
 
Translation of the net investment in U.S. subsidiaries
$
(295
)
$
—

$
(295
)
Translation of the U.S. dollar-denominated long-term debt designated as a hedge of the net investment in U.S. subsidiaries (Note 17)
319

(42
)
277

Change in derivatives designated as cash flow hedges:



Realized loss on cash flow hedges recognized in income
25

(6
)
19

Unrealized loss on cash flow hedges
(6
)
2

(4
)
Change in pension and other benefits actuarial gains and losses
84

(20
)
64

Change in prior service pension and other benefit costs
(4
)
1

(3
)
Other comprehensive income
$
123

$
(65
)
$
58

For the year ended December 31, 2016
 
 
 
Unrealized foreign exchange (loss) gain on:
 
 
 
Translation of the net investment in U.S. subsidiaries
$
(132
)
$
—

$
(132
)
Translation of the U.S. dollar-denominated long-term debt designated as a hedge of the net investment in U.S. subsidiaries (Note 17)
150

(20
)
130

Change in derivatives designated as cash flow hedges:



Realized loss on cash flow hedges recognized in income
10

(2
)
8

Unrealized loss on cash flow hedges
(12
)
2

(10
)
Change in pension and other benefits actuarial gains and losses
(422
)
113

(309
)
Change in prior service pension and other benefit costs
(12
)
3

(9
)
Other comprehensive loss
$
(418
)
$
96

$
(322
)
For the year ended December 31, 2015
 
 
 
Unrealized foreign exchange gain (loss) on:
 
 
 
Translation of the net investment in U.S. subsidiaries
$
671

$
—

$
671

Translation of the U.S. dollar-denominated long-term debt designated as a hedge of the net investment in U.S. subsidiaries (Note 17)
(757
)
100

(657
)
Change in derivatives designated as cash flow hedges:
 
 
 
Realized loss on cash flow hedges recognized in income
7

(2
)
5

Unrealized loss on cash flow hedges
(76
)
21

(55
)
Change in pension and other benefits actuarial gains and losses
1,058

(281
)
777

Change in prior service pension and other benefit costs
1

—

1

Other comprehensive income
$
904

$
(162
)
$
742
Accumulated other comprehensive loss, Net of tax The components of Accumulated other comprehensive loss, net of tax, are as follows:
(in millions of Canadian dollars)
2017

2016

Unrealized foreign exchange gain on translation of the net investment in U.S. subsidiaries
$
443

$
738

Unrealized foreign exchange loss on translation of the U.S. dollar-denominated long-term debt designated as a hedge of the net investment in U.S. subsidiaries
(334
)
(611
)
Net deferred and unrealized losses on derivatives
(88
)
(102
)
Amounts for defined benefit pension and other post-retirement plans not recognized in income (Note 20)
(1,761
)
(1,822
)
Equity accounted investments
(1
)
(2
)
Accumulated other comprehensive loss
$
(1,741
)
$
(1,799
)
Changes in Accumulated other comprehensive loss by component Changes in Accumulated other comprehensive loss by component are as follows:
(in millions of Canadian dollars)
Foreign currency
net of hedging
activities(1)

Derivatives and
other(1)

Pension and post-
retirement defined
benefit plans(1)

Total(1)

Opening balance, 2017
$
127

$
(104
)
$
(1,822
)
$
(1,799
)
Other comprehensive loss before reclassifications
(17
)
(4
)
(50
)
(71
)
Amounts reclassified from accumulated other comprehensive loss
(1
)
19

111

129

Net current-period other comprehensive (loss) income
(18
)
15

61

58

Closing balance, 2017
$
109

$
(89
)
$
(1,761
)
$
(1,741
)
Opening balance, 2016
$
129

$
(102
)
$
(1,504
)
$
(1,477
)
Other comprehensive loss before reclassifications
(2
)
(10
)
(456
)
(468
)
Amounts reclassified from accumulated other comprehensive loss
—

8

138

146

Net current-period other comprehensive loss
(2
)
(2
)
(318
)
(322
)
Closing balance, 2016
$
127

$
(104
)
$
(1,822
)
$
(1,799
)
(1) Amounts are presented net of tax.
Amounts in Pension and post-retirement defined benefit plans reclassified from Accumulated other comprehensive loss Amounts in Pension and post-retirement defined benefit plans reclassified from Accumulated other comprehensive loss are as follows:
 
2017

2016

Amortization of prior service costs(1)
$
(4
)
$
(6
)
Recognition of net actuarial loss(1)
154

194

Total before income tax
$
150

$
188

Income tax recovery
(39
)
(50
)
Net of income tax
$
111

$
138

(1) Impacts Compensation and benefits on the Consolidated Statements of Income.