Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Components of Lease Expense

The components of lease expense are as follows:

	For the three months ended March 31
(in millions of Canadian dollars)	2019
Operating lease cost	$	22
Short-term lease cost	1
Variable lease cost	1
Finance Lease Cost
Amortization of right-of use-assets	2
Interest on lease liabilities	3
Total lease costs	$	29

Schedule of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases is as follows:

	As at March 31
(in millions of Canadian dollars)	2019
Operating Leases
Other assets	$	394
Accounts payable and accrued liabilities	71
Other long-term liabilities	315
Finance Leases
Properties, net book value	$	179
Long-term debt maturing within one year	5
Long-term debt	150
Weighted Average Remaining Lease Term
Operating leases	8 years
Finance leases	5 years
Weighted Average Discount Rate
Operating leases	3.50		%
Finance leases	7.12		%

Schedule of Supplemental Information

Supplemental information related to leases is as follows:

	For the three months ended March 31
(in millions of Canadian dollars)	2019
Cash paid for amounts included in measurement of lease liabilities
Operating cash flows from operating leases	$	28
Operating cash flows from finance leases	3
Financing cash flows from finance leases	1
Right-of-use assets obtained in exchange for lease liabilities
Operating leases	$	9

Schedule of Maturities of Operating and Finance Leases Liabilities

Maturities of lease liabilities are as follows:

	As at March 31, 2019
(in millions of Canadian dollars)	Finance Leases		Operating Leases
2019	$	6	$	67
2020	9		70
2021	9		55
2022	111		48
2023	9		49
Thereafter	30		154
Total lease payments	$	174	$	443
Less: Imputed interest	19		57
Present value of lease payments	$	155	$	386