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INTERIM CONSOLIDATED STATEMENTS OF INCOME (unaudited) - CAD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Total revenues $ 1,977 $ 1,750 $ 3,744 $ 3,412
Operating expenses        
Compensation and benefits 383 351 789 725
Fuel 236 230 445 445
Materials 54 53 111 108
Equipment rents 34 33 69 66
Depreciation and amortization 183 172 343 342
Purchased services and other 265 284 622 559
Total operating expenses 1,155 1,123 2,379 2,245
Operating income 822 627 1,365 1,167
Less:        
Other expense (income) (40) 52 (87) 103
Other components of net periodic benefit recovery (98) (95) (195) (191)
Net interest expense 112 112 226 227
Income before income tax expense 848 558 1,421 1,028
Income tax expense 124 122 263 244
Net income $ 724 $ 436 $ 1,158 $ 784
Earnings per share        
Basic earnings per share $ 5.19 $ 3.05 $ 8.28 $ 5.46
Diluted earnings per share $ 5.17 $ 3.04 $ 8.25 $ 5.44
Weighted-average number of shares (millions)        
Basic 139.7 142.8 139.9 143.6
Diluted 140.2 143.2 140.4 144.0
Dividends declared per share $ 0.8300 $ 0.6500 $ 1.4800 $ 1.2125
Freight        
Revenues        
Total revenues $ 1,931 $ 1,709 $ 3,657 $ 3,334
Non-freight        
Revenues        
Total revenues $ 46 $ 41 $ 87 $ 78