Properties (Tables)

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]


	2021		2021						2020
(in millions of Canadian dollars except percentages)	Weighted-average annual depreciation rate		Cost		Accumulated depreciation		Net book value		Cost		Accumulated depreciation		Net book value
Track and roadway	2.8	%	$	21,210	$	5,893	$	15,317	$	20,676	$	5,859	$	14,817
Buildings	2.9	%	1,022		266		756		937		259		678
Rolling stock	2.9	%	4,793		1,419		3,374		4,702		1,498		3,204
Information systems software(1)	8.1	%	603		279		324		569		253		316
Other	5.3	%	2,223		794		1,429		2,167		760		1,407
Total			$	29,851	$	8,651	$	21,200	$	29,051	$	8,629	$	20,422

(1) During 2021, CP capitalized costs attributable to the design and development of internal-use software in the amount of $47 million (2020 – $45 million; 2019 – $55 million). Current year depreciation expense related to internal use software was $40 million (2020 – $42 million; 2019 – $44 million).

Finance leases included in properties


	2021						2020
(in millions of Canadian dollars)	Cost		Accumulated depreciation		Net book value		Cost		Accumulated depreciation		Net book value

Rolling stock	$	291	$	133	$	158	$	302	$	138	$	164
Other	9		1		8		8		1		7
Total assets held under finance lease	$	300	$	134	$	166	$	310	$	139	$	171