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CONSOLIDATED STATEMENTS OF INCOME - CAD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues      
Total revenues $ 7,995 $ 7,710 $ 7,792
Operating expenses      
Compensation and benefits 1,570 1,560 1,540
Fuel 854 652 882
Materials 215 216 210
Equipment rents 121 142 137
Depreciation and amortization 811 779 706
Purchased services and other 1,218 1,050 1,193
Total operating expenses 4,789 4,399 4,668
Operating income 3,206 3,311 3,124
Less:      
Equity loss of Kansas City Southern 141 0 0
Other expense (income) 237 (7) (89)
Merger termination fee (845) 0 0
Other components of net periodic benefit recovery (387) (342) (381)
Net interest expense 440 458 448
Income before income tax expense 3,620 3,202 3,146
Income tax expense 768 758 706
Net income $ 2,852 $ 2,444 $ 2,440
Earnings per share      
Basic earnings per share (cad per share) $ 4.20 $ 3.61 $ 3.52
Diluted earnings per share (cad per share) $ 4.18 $ 3.59 $ 3.50
Weighted-average number of shares (millions)      
Basic (in shares) 679.7 677.2 693.8
Diluted (in shares) 682.8 679.9 696.3
Freight      
Revenues      
Total revenues $ 7,816 $ 7,541 $ 7,613
Non-freight      
Revenues      
Total revenues $ 179 $ 169 $ 179