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INTERIM CONSOLIDATED STATEMENTS OF INCOME (unaudited) - CAD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Total revenues $ 2,043 $ 1,767
Operating expenses    
Compensation and benefits 398 406
Fuel 212 209
Materials 59 57
Equipment rents 36 35
Depreciation and amortization 192 160
Purchased services and other 312 357
Total operating expenses 1,209 1,224
Operating income 834 543
Less:    
Other expense (income) 211 (47)
Other components of net periodic benefit recovery (85) (97)
Net interest expense 114 114
Income before income tax expense 594 573
Income tax expense 185 139
Net income $ 409 $ 434
Earnings per share    
Basic earnings per share $ 2.99 $ 3.10
Diluted earnings per share $ 2.98 $ 3.09
Weighted-average number of shares (millions)    
Basic 136.7 140.1
Diluted 137.2 140.5
Dividends declared per share $ 0.8300 $ 0.6500
Freight    
Revenues    
Total revenues $ 2,000 $ 1,726
Non-freight    
Revenues    
Total revenues $ 43 $ 41