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Consolidated Statements of Changes in Equity - CAD ($)
shares in Thousands, $ in Millions
Share capital
Contributed surplus
Accumulated Other Comprehensive Income
Retained Earnings
Total
Beginning balance at Dec. 31, 2021 $ 23,650 $ 612 $ 814 $ 11,538 $ 36,614
Beginning balance (in share) at Dec. 31, 2021         1,441,251
Changes in equity          
Net earnings       9,077 $ 9,077
Foreign currency translation adjustment     160   160
Actuarial gain on employee retirement benefit plans, net of income taxes       838 838
Total comprehensive income     160 9,915 10,075
Issued under share option plans 570 (58)     $ 512
Issued under share option plans (in shares)         13,158
Common shares forfeited (in shares)         (30)
Repurchase of common shares for cancellation (1,947)     (3,188) $ (5,135)
Repurchase of common shares for cancellation (in shares)         (116,908)
Change in liability for share purchase commitment (16)     (104) $ (120)
Share-based compensation   17     17
Dividends paid on common shares       (2,596) (2,596)
Ending balance at Dec. 31, 2022 22,257 571 974 15,565 $ 39,367
Ending balance (in share) at Dec. 31, 2022         1,337,471
Changes in equity          
Net earnings       8,295 $ 8,295
Foreign currency translation adjustment     74   74
Actuarial gain on employee retirement benefit plans, net of income taxes       128 128
Total comprehensive income     74 8,423 8,497
Issued under share option plans 199 (18)     $ 181
Issued under share option plans (in shares)         4,611
Repurchase of common shares for cancellation (871)     (1,362) $ (2,233)
Repurchase of common shares for cancellation (in shares)         (51,982)
Change in liability for share purchase commitment 76     124 $ 200
Share-based compensation   16     16
Dividends paid on common shares       (2,749) (2,749)
Ending balance at Dec. 31, 2023 $ 21,661 $ 569 $ 1,048 $ 20,001 $ 43,279
Ending balance (in share) at Dec. 31, 2023         1,290,100