Properties (Tables)

12 Months Ended

Dec. 31, 2023


	2023		2023						2022
As at December 31 (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(1)	2.8	%	$	42,597	$	6,811	$	35,786	$	21,524	$	6,308	$	15,216
Rolling stock	3.6	%	8,125		1,629		6,496		5,085		1,523		3,562
Land(1)	N/A		3,487		—		3,487		964		—		964
Concession land rights	1.4	%	1,779		17		1,762		—		—		—
Buildings	3.0	%	1,732		281		1,451		1,069		254		815
Other	6.7	%	4,065		1,303		2,762		3,038		1,210		1,828
Total			$	61,785	$	10,041	$	51,744	$	31,680	$	9,295	$	22,385

(1) 2022 comparative figures have been reclassified to confirm with current year's presentation.

The breakdown of Concession assets included within each asset group of Properties shown above is as follows:


As at December 31, 2023 (in millions of Canadian dollars)	Cost		Accumulated depreciation		Net book value

Track and roadway	$	7,056	$	99	$	6,957
Concession land rights	1,779		17		1,762
Buildings	230		7		223
Other	141		4		137
Total	$	9,206	$	127	$	9,079

Finance lease ROU assets


	2023						2022
As at December 31 (in millions of Canadian dollars)	Cost		Accumulated depreciation		Net book value		Cost		Accumulated depreciation		Net book value

Rolling stock	$	182	$	79	$	103	$	170	$	75	$	95
Other	14		6		8		10		3		7
Total ROU assets held under finance lease	$	196	$	85	$	111	$	180	$	78	$	102