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INTERIM CONSOLIDATED STATEMENTS OF INCOME (unaudited) - CAD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues        
Total revenues $ 1,898 $ 1,595 $ 5,310 $ 4,841
Operating expenses        
Compensation and benefits 365 324 1,090 969
Fuel 226 150 671 480
Materials 47 45 155 142
Equipment Rents 33 35 99 108
Depreciation and amortization 174 162 516 493
Purchased services and other 263 257 822 812
Total operating expenses 1,108 973 3,353 3,004
Operating income 790 622 1,957 1,837
Less:        
Other (income) expense (47) (105) 56 (194)
Other components of net periodic benefit recovery (96) (68) (287) (203)
Net interest expense 112 115 339 357
Income before income tax expense 821 680 1,849 1,877
Income tax expense 199 170 443 456
Net income $ 622 $ 510 $ 1,406 $ 1,421
Earnings per share        
Basic earnings per share $ 4.36 $ 3.50 $ 9.81 $ 9.72
Diluted earnings per share $ 4.35 $ 3.50 $ 9.78 $ 9.70
Weighted-average number of shares (millions)        
Basic 142.6 145.5 143.2 146.2
Diluted 143.1 145.8 143.7 146.6
Dividends declared per share $ 0.6500 $ 0.5625 $ 1.8625 $ 1.6250
Cargo and Freight [Member]        
Revenues        
Total revenues $ 1,854 $ 1,547 $ 5,188 $ 4,708
Non-Freight [Member]        
Revenues        
Total revenues $ 44 $ 48 $ 122 $ 133