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Investment in Kansas City Southern (Tables)
12 Months Ended
Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Summarized Financial Information
The following table presents summarized financial information for KCS, on its historical cost basis:

Consolidated Statements of Income

(in millions of Canadian dollars)(1)
For the period January 1 to April 13, 2023For the year ended December 31, 2022
Total revenues$1,351 $4,390 
Total operating expenses888 2,794 
Operating income 463 1,596 
Other(2)
83 (119)
Income before income taxes380 1,715 
Net income $280 $1,287 
(1) Amounts translated at the average FX rate for the period from January 1 to April 13, 2023 of $1.00 USD = $1.35 CAD and for the year ended December 31, 2022 of $1.00 USD = $1.30 CAD.
(2) Includes Equity in net earnings of KCS's affiliates, Interest expense, FX loss, and Other income, net.