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NEW IFRS STANDARDS (Tables)
12 Months Ended
Dec. 31, 2019
NEW IFRS STANDARDS  
Schedule of changes resulting from the application of IFRS 16

 

                                                                                                                                                                                                                                        

($ millions) Increase (Decrease)

 

December 31
2018

 

Adjustments due to
IFRS 16

 

January 1
2019

 


Assets

 

 

 

 

 

 

 


 

Current assets

 

 

 

 

 

 

 


 

 

Accounts receivable

 

3 206

 

(2

)

3 204

 


 

Property, plant and equipment, net

 

74 245

 

(1 267

)

72 978

 


 

Right-of-use assets, net

 

 

3 059

 

3 059

 


Liabilities and Shareholders' Equity

 

 

 

 

 

 

 


 

Current liabilities

 

 

 

 

 

 

 


 

 

Current portion of long-term debt

 

229

 

(38

)

191

 


 

 

Current portion of lease liabilities

 

 

276

 

276

 


 

 

Current portion of provisions

 

667

 

(1

)

666

 


 

Long-term debt

 

13 890

 

(1 222

)

12 668

 


 

Long-term lease liabilities

 

 

2 777

 

2 777

 


 

Other long-term liabilities

 

2 346

 

(1

)

2 345

 


 

Provisions

 

6 984

 

(20

)

6 964

 


 

Deferred income taxes

 

12 045

 

5

 

12 050

 


 

Equity

 

44 005

 

14

 

44 019

 


 

Schedule of operating lease commitment to lease liabilities

 

                                                                                                                                                                                                                                   

($ millions)

 

January 1
2019

 

 


Operating leases as at December 31, 2018 (1)

 

2 457

 

 


Exemption for short-term leases

 

(42

)

 


Discounting

 

(623

)

 


Additional lease liabilities recognized due to adoption of IFRS 16 as at January 1, 2019

 

1 792

 

 


 

 

 

 

(1)       

Represents undiscounted lease commitments.