Revenues (Tables)

9 Months Ended

Sep. 30, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

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

	For the three months ended September 30				For the nine months ended September 30
(in millions of Canadian dollars)	2019		2018		2019		2018
Freight
Grain	$	409	$	384	$	1,211	$	1,113
Coal	183		171		514		486
Potash	117		130		367		358
Fertilizers and sulphur	66		55		186		171
Forest products	78		76		229		211
Energy, chemicals and plastics	382		339		1,043		874
Metals, minerals and consumer products	201		208		579		595
Automotive	87		85		267		247
Intermodal	409		406		1,193		1,133
Total freight revenues	1,932		1,854		5,589		5,188
Non-freight excluding leasing revenues	32		28		89		76
Revenues from contracts with customers	1,964		1,882		5,678		5,264
Leasing revenues	15		16		45		46
Total revenues	$	1,979	$	1,898	$	5,723	$	5,310

Contract Liabilities

Contract liabilities       

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.

The following tables summarize the changes in contract liabilities for the three and nine months ended September 30, 2019 and 2018:

	For the three months ended September 30						For the nine months ended September 30
(in millions of Canadian dollars)	2019			2018			2019			2018
Opening balance	$	74		$	3		$	2		$	2
Revenue recognized that was included in the contract liability balance at the beginning of the period	(8		)	(3		)	(2		)	(2		)
Increases due to consideration received, excluding amounts recognized as revenue during the period	4			2			70			2
Closing balance	$	70		$	2		$	70		$	2