Revenue Recognition

3 Months Ended

Mar. 31, 2019

Revenue from Contract with Customer [Abstract]

Revenue Recognition

The following table disaggregates the Company’s revenues from contracts with customers by major source:

	For the three months ended March 31
(in millions of Canadian dollars)	2019		2018
Freight
Grain	$	380	$	357
Coal	158		151
Potash	114		112
Fertilizers and sulphur	57		61
Forest products	73		66
Energy, chemicals and plastics	315		257
Metals, minerals, and consumer products	173		183
Automotive	76		71
Intermodal	380		367
Total freight revenues	1,726		1,625
Non-freight excluding leasing revenues	26		23
Revenues from contracts with customers	1,752		1,648
Leasing revenues	15		14
Total revenues	$	1,767	$	1,662

Contract liabilities                         

	For the three months ended March 31
(in millions of Canadian dollars)	2019		2018
Balance at January 1	$	2	$	2
Balance at March 31	$	73	$	2

Contract liabilities represent payments received for performance obligations not yet satisfied and relate to deferred revenue and are presented as components of Accounts payable and accrued liabilities and Other long-term liabilities on the Company's Interim Consolidated Balance Sheets. Revenue recognized during the three months ended March 31, 2019 included in contract liabilities at the beginning of the period was $2 million (March 31, 2018 - $2 million). Increases in contract liabilities arising from cash received net of amounts recognized as revenue on satisfaction of performance obligations, was $71 million.