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Financing Expenses (Tables)
12 Months Ended
Dec. 31, 2022
Financing Expenses  
Schedule of financing expenses

($ millions)

    

2022

    

2021

  

Interest on debt

815

834

Interest on lease liabilities

 

167

 

161

Capitalized interest at 5.2% ( 2021 – 5.0%)

 

(168)

 

(144)

Interest expense

 

814

 

851

Interest on partnership liability

51

51

Interest on pension and other post-retirement benefits

 

41

 

59

Accretion

 

316

 

304

Foreign exchange loss (gain) on U.S. dollar denominated debt

 

729

 

(113)

Operational foreign exchange and other

 

28

 

23

Loss on extinguishment of long-term debt

 

32

80

 

2 011

 

1 255