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Debt (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Components of Long-term Debt The following table outlines the Company's outstanding long-term debt as at December 31, 2020:
(in millions of Canadian dollars except percentages)MaturityCurrency
in which
payable
20202019
9.450%30-year Debentures (A)Aug 2021U.S.$318 325 
5.100%10-year Medium Term Notes (A)Jan 2022CDN$125 125 
4.500%10-year Notes (A)Jan 2022U.S.$318 324 
4.450%12.5-year Notes (A)Mar 2023U.S.$445 454 
2.900%10-year Notes (A)Feb 2025U.S.$891 909 
3.700%10.5-year Notes(A)Feb 2026U.S.$318 324 
4.000%10-year Notes(A)Jun 2028U.S.$636 649 
3.150%10-year Notes(A)Mar 2029CDN$399 399 
2.050%10-year Notes(A)Mar 2030U.S.$636 — 
7.125%30-year Debentures (A)Oct 2031U.S.$446 454 
5.750%30-year Debentures (A)Mar 2033U.S.$312 318 
4.800%20-year Notes (A)Sep 2035U.S.$381 388 
5.950%30-year Notes(A)May 2037U.S.$567 578 
6.450%30-year Notes (A)Nov 2039CDN$400 400 
5.750%30-year Notes (A)Jan 2042U.S.$313 319 
4.800%30-year Notes (A)Aug 2045U.S.$698 712 
3.050%30-year Notes(A)Mar 2050CDN$298 — 
6.125%100-year Notes (A)Sep 2115U.S.$1,146 1,169 
8.000%5-year Promissory Notes(B)up to Jun 2020U.S.$ 11 
5.41%Senior Secured Notes (C)Mar 2024U.S.$89 100 
6.91%Secured Equipment Notes (D)Oct 2024CDN$75 91 
7.49%Equipment Trust Certificates (E)Jan 2021U.S.$14 55 
Obligations under finance leases
1.99% -2.97%(F)2021 - 2023CDN$/U.S.$4 
6.99%(F)Mar 2022U.S.$97 99 
6.57%(F)Dec 2026U.S.$38 45 
12.77%(F)Jan 2031CDN$4 
Commercial Paperup to Feb 2021U.S.$820 516 
9,788 8,771 
Perpetual 4% Consolidated Debenture Stock (G)U.S.$39 39 
Perpetual 4% Consolidated Debenture Stock (G)G.B.£6 
9,833 8,816 
Unamortized fees on long-term debt(62)(59)
9,771 8,757 
Less: Long-term debt maturing within one year1,186 599 
$8,585 $8,158