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Business acquisition (Tables)
 12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Business Combination, Separately Recognized Transactions
The following table summarizes the preliminary purchase price allocation with the amounts recognized in respect of the identifiable assets acquired and liabilities and non-controlling interest assumed on the Control Date, as well as the fair value of the previously held equity interest in KCS and the measurement period adjustments recorded during the year:

(in millions of Canadian dollars)Reported at
April 14, 2023		Measurement period adjustmentsReported at December 31, 2023
Net assets acquired:
Cash and cash equivalents$298 $— $298 
Net working capital51 (110)(59)
Properties28,748 1 28,749 
Intangible assets3,022 — 3,022 
Other long-term assets496 (5)491 
Debt including debt maturing within one year(4,545)— (4,545)
Deferred income taxes(6,984)42 (6,942)
Other long-term liabilities(406)(2)(408)
Total identifiable net assets$20,680 $(74)$20,606 
Goodwill17,491 74 17,565 
$38,171 $— $38,171 
Consideration:
Fair value of previously held equity method investment$37,227 $— $37,227 
Intercompany payable balance, net acquired12 — 12 
Fair value of non-controlling interest932 — 932 
Total$38,171 $— $38,171 
Business Acquisition, Pro Forma Information On a pro forma basis, if the Company had consolidated KCS starting January 1, 2022, the revenue and net income attributable to controlling shareholders of the combined entity would be as follows for the years ended December 31, 2023 and December 31, 2022:
For the year ended December 31, 2023For the year ended December 31, 2022
(in millions of Canadian dollars)
KCS Historical(1)
Pro Forma CPKC
KCS Historical(1)
Pro Forma CPKC
Revenue$1,351 $13,909 $4,390 $13,217 
Net income attributable to controlling shareholders280 3,174 1,287 4,153 
(1) KCS's results were translated into Canadian dollars at the Bank of Canada daily exchange rate for the period from January 1 to April 13, 2023 and year ended December 31, 2022 with effective exchange rates of $1.35 and $1.30, respectively.