Revenues

9 Months Ended

Sep. 30, 2022

Revenue from Contract with Customer [Abstract]

Revenues

Revenues

The following table disaggregates the Company’s revenues from contracts with customers by major source:

	For the three months ended September 30				For the nine months ended September 30
(in millions of Canadian dollars)	2022		2021		2022		2021
Freight
Grain	$	391	$	352	$	1,121	$	1,244
Coal	156		158		458		491
Potash	170		113		445		348
Fertilizers and sulphur	81		72		244		227
Forest products	109		89		299		259
Energy, chemicals and plastics	360		392		1,010		1,149
Metals, minerals and consumer products	246		196		655		535
Automotive	111		83		322		289
Intermodal	640		441		1,660		1,280
Total freight revenues	2,264		1,896		6,214		5,822
Non-freight excluding leasing revenues	28		25		77		75
Revenues from contracts with customers	2,292		1,921		6,291		5,897
Leasing revenues	20		21		61		58
Total revenues	$	2,312	$	1,942	$	6,352	$	5,955

Contract liabilities       

Contract liabilities represent payments received for performance obligations not yet satisfied and relate to deferred revenue and are presented as components of "Accounts payable and accrued liabilities" and "Other long-term liabilities" on the Company's Interim Consolidated Balance Sheets.

The following table summarizes the changes in contract liabilities:

	For the three months ended September 30				For the nine months ended September 30
(in millions of Canadian dollars)	2022		2021		2022		2021
Opening balance	$	69	$	245	$	67	$	61
Revenue recognized that was included in the contract liability balance at the beginning of the period	(8)		(93)		(16)		(36)
Increase due to consideration received, net of revenue recognized during the period	4		4		14		131
Closing balance	$	65	$	156	$	65	$	156