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COMMITMENTS AND CONTINGENT LIABILITIES (Tables)
 12 Months Ended
Dec. 31, 2023
Other Provisions, Contingent Liabilities and Contingent Assets [Abstract]  
Disclosure of maturity analysis for commitments
Below is a summary of the undiscounted contractual maturities of our financial liabilities and the receivable components of our derivatives as at December 31, 2023 and 2022.
December 31, 2023CarryingContractualLess than1 to 34 to 5More than
(In millions of dollars)amountcash flows1 yearyearsyears5 years
 
Short-term borrowings1,750 1,750 1,750 — — — 
Accounts payable and accrued liabilities4,221 4,221 4,221 — — — 
Long-term debt 1
40,855 41,895 1,100 8,607 8,351 23,837 
Lease liabilities2,593 3,283 504 1,002 405 1,372 
Other long-term financial liabilities49 49 1 2 42 4 
Expenditure derivative instruments:
Cash outflow (Canadian dollar)— 2,187 1,591 596 — — 
Cash inflow (Canadian dollar equivalent of US dollar)— (2,182)(1,587)(595)— — 
Equity derivative instruments— (48)(48)— — — 
Debt derivative instruments accounted for as hedges:
Cash outflow (Canadian dollar)— 19,051 228 3,197 2,625 13,001 
Cash inflow (Canadian dollar equivalent of US dollar) 2
— (19,980)(228)(3,154)(2,711)(13,887)
Debt derivative instruments not accounted for as hedges:
Cash outflow (Canadian dollar)— 4,538 4,538 — — — 
Cash inflow (Canadian dollar equivalent of US dollar) 2
— (4,437)(4,437)— — — 
Net carrying amount of derivatives liability
538 
 50,006 50,327 7,633 9,655 8,712 24,327 
1    Reflects repayment of the subordinated notes issued in December 2021 and February 2022 on the five-year anniversary.
2    Represents Canadian dollar equivalent amount of US dollar inflows matched to an equal amount of US dollar maturities in long-term debt for debt derivatives.
December 31, 2022CarryingContractualLess than1 to 34 to 5More than
(In millions of dollars)amountcash flows1 yearyearsyears5 years
 
Short-term borrowings2,985 2,985 2,985 — — — 
Accounts payable and accrued liabilities3,722 3,722 3,722 — — — 
Long-term debt 1
31,733 32,855 1,828 4,152 6,954 19,921 
Lease liabilities2,028 2,616 362 716 320 1,218 
Other long-term financial liabilities10 10 — 3 2 5 
Expenditure derivative instruments: 
Cash outflow (Canadian dollar)— 1,200 1,200 — — — 
Cash inflow (Canadian dollar equivalent of US dollar)— (1,300)(1,300)— — — 
Equity derivative instruments— (54)(54)— — — 
Debt derivative instruments accounted for as hedges: 
Cash outflow (Canadian dollar)— 20,221 1,543 2,382 3,295 13,001 
Cash inflow (Canadian dollar equivalent of US dollar) 2
— (22,131)(1,986)(2,470)(3,454)(14,221)
Debt derivative instruments not accounted for as hedges:
Cash outflow (Canadian dollar)— 215 215 — — — 
Cash inflow (Canadian dollar equivalent of US dollar) 2
— (215)(215)— — — 
Net carrying amount of derivatives (asset)(1,136)
 39,342 40,124 8,300 4,783 7,117 19,924 
1    Reflects repayment of the subordinated notes issued in December 2021 and February 2022 on the five-year anniversary.
2    Represents Canadian dollar equivalent amount of US dollar inflows matched to an equal amount of US dollar maturities in long-term debt for debt derivatives.
Below is a summary of the principal repayments on our long-term debt due in each of the next five years and thereafter as at December 31, 2023.
(In millions of dollars) 
20241,100 
20253,499 
2026 1
5,108 
2027 1
4,906 
20283,445 
Thereafter23,837 
Total long-term debt41,895 
1    Reflects repayment of the subordinated notes issued in December 2021 and February 2022 on the five-year anniversary.
Below is a summary of the future minimum payments for our contractual commitments that are not recognized as liabilities as at December 31, 2023.
Less than After
(In millions of dollars) 1 Year 1-3 Years 4-5 Years 5 Years Total
Player contracts 1
181 241 64 — 486 
Purchase obligations 2
559 448 187 265 1,459 
Program rights 3
734 1,000 173 60 1,967 
Total commitments1,474 1,689 424 325 3,912 
1    Toronto Blue Jays players' salary contracts into which we have entered and are contractually obligated to pay.
2    Contractual obligations under service, product, and wireless device contracts to which we have committed.
3    Agreements into which we have entered to acquire broadcasting rights for sports broadcasting programs and films for periods in excess of one year at contract inception.
Disclosure of commitments
Below is a summary of our other contractual commitments that are not included in the table above.
  As at December 31
(In millions of dollars)2023
Acquisition of property, plant and equipment263 
Acquisition of intangible assets 1
475 
Our share of commitments related to associates and joint ventures306 
Total other commitments1,044 
1    Relates to 3800 MHz spectrum licences won at auction in late 2023, $95 million of which was paid in January 2024.