INTERIM CONSOLIDATED STATEMENTS OF INCOME - CAD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Revenues (Note 3)
Total revenues	$ 3,699	$ 3,603	$ 7,494	$ 7,123
Operating expenses
Compensation and benefits	659	612	1,341	1,302
Fuel	405	466	886	924
Materials	124	97	248	191
Equipment rents	103	82	202	164
Depreciation and amortization	493	473	997	940
Purchased services and other	572	606	1,160	1,186
Total operating expenses	2,356	2,336	4,834	4,707
Operating income	1,343	1,267	2,660	2,416
Less:
Other income	(16)	(40)	(9)	(42)
Other components of net periodic benefit recovery (Note 12)	(107)	(88)	(214)	(176)
Net interest expense	208	200	424	406
Gain on sale of equity investment (Note 4)	(333)	0	(333)	0
Income before income taxes	1,591	1,195	2,792	2,228
Income before income tax expense
Current income tax expense	348	274	614	516
Deferred income tax expense	9	18	35	35
Income tax expense (Note 5)	357	292	649	551
Net income	1,234	903	2,143	1,677
Net loss attributable to non-controlling interest	0	(2)	(1)	(3)
Net income attributable to controlling shareholders	$ 1,234	$ 905	$ 2,144	$ 1,680
Earnings per share (Note 6)
Basic earnings per share (in dollars per share)	$ 1.34	$ 0.97	$ 2.31	$ 1.80
Diluted earnings per share (in dollars per share)	$ 1.33	$ 0.97	$ 2.31	$ 1.80
Weighted-average number of shares (millions) (Note 6)
Basic (in shares)	923.8	932.8	928.4	932.6
Diluted (in shares)	924.8	934.6	929.5	934.5
Dividends declared per share (in dollars per share)	$ 0.228	$ 0.190	$ 0.418	$ 0.380
Freight
Revenues (Note 3)
Total revenues	$ 3,629	$ 3,534	$ 7,356	$ 6,961
Non-freight
Revenues (Note 3)
Total revenues	$ 70	$ 69	$ 138	$ 162