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INTERIM CONSOLIDATED STATEMENTS OF INCOME - CAD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues (Note 3)    
Total revenues $ 2,266 $ 1,838
Operating expenses    
Compensation and benefits 438 413
Fuel 326 273
Materials 72 62
Equipment rents 30 35
Depreciation and amortization 225 210
Purchased services and other (Note 8) 346 310
Total operating expenses 1,437 1,303
Operating income 829 535
Less:    
Equity earnings of Kansas City Southern (Note 8, 9) (204) (198)
Other expense (income) (Note 8) 2 (1)
Other components of net periodic benefit recovery (Note 12) (86) (101)
Net interest expense 154 160
Income before income tax expense 963 675
Income tax expense (Note 4) 163 85
Net income $ 800 $ 590
Earnings per share (Note 5)    
Basic earnings per share (in dollars per share) $ 0.86 $ 0.63
Diluted earnings per share (in dollars per share) $ 0.86 $ 0.63
Weighted-average number of shares (millions) (Note 5)    
Basic (in shares) 930.7 929.7
Diluted (in shares) 933.5 932.7
Dividends declared per share (in dollars per share) $ 0.190 $ 0.190
Freight    
Revenues (Note 3)    
Total revenues $ 2,217 $ 1,796
Non-freight    
Revenues (Note 3)    
Total revenues $ 49 $ 42