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CONSOLIDATED STATEMENTS OF INCOME - CAD ($)
shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues                      
Total revenues $ 2,069 $ 1,979 $ 1,977 $ 1,767 $ 2,006 $ 1,898 $ 1,750 $ 1,662 $ 7,792 $ 7,316 $ 6,554
Operating expenses                      
Compensation and benefits                 1,540 1,468 1,309
Fuel                 882 918 677
Materials                 210 201 190
Equipment rents                 137 130 142
Depreciation and amortization                 706 696 661
Purchased services and other                 1,193 1,072 1,056
Total operating expenses                 4,668 4,485 4,035
Operating income 890 869 822 543 874 790 627 540 3,124 2,831 2,519
Less:                      
Other (income) expense                 (89) 174 (178)
Other components of net periodic benefit recovery                 (381) (384) (274)
Net interest expense                 448 453 473
Income before income tax expense                 3,146 2,588 2,498
Income tax expense                 706 637 93
Net income $ 664 $ 618 $ 724 $ 434 $ 545 $ 622 $ 436 $ 348 $ 2,440 $ 1,951 $ 2,405
Earnings per share                      
Basic earnings per share $ 4.84 $ 4.47 $ 5.19 $ 3.10 $ 3.84 $ 4.36 $ 3.05 $ 2.41 $ 17.58 $ 13.65 $ 16.49
Diluted earnings per share $ 4.82 $ 4.46 $ 5.17 $ 3.09 $ 3.83 $ 4.35 $ 3.04 $ 2.41 $ 17.52 $ 13.61 $ 16.44
Weighted-average number of shares (millions)                      
Basic                 138.8 142.9 145.9
Diluted                 139.3 143.3 146.3
Freight                      
Revenues                      
Total revenues                 $ 7,613 $ 7,152 $ 6,375
Non-freight                      
Revenues                      
Total revenues                 $ 179 $ 164 $ 179