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Consolidated statements of cash flows - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
OPERATING ACTIVITIES    
Net income $ 1,776 $ 1,624
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 2,577 2,267
Deferred income taxes 115 74
Share-based compensation expense, net (2) 16
Net employee defined benefit plans expense 78 95
Employer contributions to employee defined benefit plans (41) (53)
Non-current contract assets 130 (62)
Non-current unbilled customer finance receivables (178) (8)
Loss (income) from equity accounted investments (4) (170)
Shares settled from Treasury   100
Other (192) (81)
Net change in non-cash operating working capital (332) 256
Cash provided by operating activities 3,927 4,058
INVESTING ACTIVITIES    
Cash payments for capital assets, excluding spectrum licences (2,952) (2,874)
Cash payments for spectrum licences (942) (1)
Cash payments for acquisitions, net (1,105) (280)
Advances to real estate joint ventures (35) (22)
Real estate joint venture receipts 7 184
Proceeds on dispositions 16 38
Other (33) (22)
Cash used by investing activities (5,044) (2,977)
FINANCING ACTIVITIES    
Dividends paid to holders of Common Shares (1,149) (1,141)
Treasury shares acquired   (100)
Issue (repayment) of short-term borrowings, net (1) (67)
Long-term debt issued 7,705 5,500
Redemptions and repayment of long-term debt (5,261) (5,377)
Shares of subsidiary (purchased from) issued to non-controlling interests (9) 24
Other (47) (15)
Cash provided (used) by financing activities 1,238 (1,176)
CASH POSITION    
Increase (decrease) in cash and temporary investments, net 121 (95)
Cash and temporary investments, net, beginning of period 414 509
Cash and temporary investments, net, end of period 535 414
SUPPLEMENTAL DISCLOSURE OF OPERATING CASH FLOWS    
Interest paid (714) (608)
Interest received 7 9
Income taxes paid, net    
In respect of comprehensive income (629) (197)
In respect of business acquisitions (15)  
Income taxes paid, net $ (644) $ (197)