XML 88 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated statements of cash flows - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities    
Net earnings $ 2,970 $ 3,087
Adjustments to reconcile net earnings to cash flows from operating activities    
Severance, acquisition and other costs 190 135
Depreciation and amortization 3,850 3,508
Post-employment benefit plans cost 314 305
Net interest expense 942 875
Losses (gains) on investments 5 (58)
Income taxes 1,039 1,110
Contributions to post-employment benefit plans (413) (725)
Payments under other post-employment benefit plans (77) (76)
Severance and other costs paid (147) (231)
Interest paid (965) (882)
Income taxes paid (net of refunds) (675) (565)
Acquisition and other costs paid (155) (126)
Net change in operating assets and liabilities 480 286
Cash flows from operating activities 7,358 6,643
Cash flows used in investing activities    
Capital expenditures (4,034) (3,771)
Business acquisitions (1,649) (404)
Disposition of intangibles and other assets 323 0
Decrease in investments 6 107
Loan to related party 0 (517)
Other investing activities (83) 1
Cash flows used in investing activities (5,437) (4,584)
Cash flows used in financing activities    
Increase in notes payable 333 991
Issue of long-term debt 3,011 2,244
Repayment of long-term debt (2,653) (2,516)
Issue of common shares 117 99
Repurchase of shares for settlement of share-based payments (224) (106)
Cash dividends paid on common shares (2,512) (2,305)
Cash dividends paid on preferred shares (127) (126)
Cash dividends paid by subsidiaries to non-controlling interest (34) (46)
Other financing activities (60) (54)
Cash flows used in financing activities (2,149) (1,819)
Net (decrease) increase in cash (161) 503
Cash at beginning of year 603 100
Cash at end of year 442 603
Net decrease in cash equivalents (67) (263)
Cash equivalents at beginning of year 250 513
Cash equivalents at end of year $ 183 $ 250