intangible assets and goodwill (Tables)

12 Months Ended

Dec. 31, 2021

intangible assets and goodwill

Schedule of Intangible assets and goodwill, net

												Intangible
												assets with
		Intangible assets subject to amortization										indefinite lives
		Customer contracts,				Access to												Total
		related customer				rights-of-way,		Assets						Total				intangible
		relationships and				crowdsource assets		under				Spectrum		intangible				assets and
(millions)	Note	subscriber base		Software		and other		construction		Total		licences		assets		Goodwill 1, 2		goodwill
AT COST
As at January 1, 2020		$	1,032	$	5,870	$	137	$	254	$	7,293	$	9,937	$	17,230	$	5,671	$	22,901
Additions			—		88		4		548		640		—		640		—		640
Additions arising from business acquisitions			1,766		357		263		—		2,386		9		2,395		1,812		4,207
Dispositions, retirements and other (including capitalized interest)	9		100		(421)		(41)		—		(362)		(36)		(398)		—		(398)
Assets under construction put into service			—		586		—		(586)		—		—		—		—		—
Net foreign exchange differences			47		(1)		—		—		46		—		46		41		87
As at December 31, 2020			2,945		6,479		363		216		10,003		9,910		19,913		7,524		27,437
Additions			—		139		5		720		864		2,272		3,136		—		3,136
Additions arising from business acquisitions	(b)		161		187		18		—		366		—		366		255		621
Dispositions, retirements and other (including capitalized interest)	9		(15)		(740)		52		—		(703)		3		(700)		(60)		(760)
Assets under construction put into service			—		657		4		(661)		—		—		—		—		—
Net foreign exchange differences			(63)		1		(5)		—		(67)		—		(67)		(74)		(141)
As at December 31, 2021		$	3,028	$	6,723	$	437	$	275	$	10,463	$	12,185	$	22,648	$	7,645	$	30,293
ACCUMULATED AMORTIZATION
As at January 1, 2020		$	285	$	4,028	$	71	$	—	$	4,384	$	—	$	4,384	$	364	$	4,748
Amortization			215		671		19		—		905		—		905		—		905
Dispositions, retirements and other			(10)		(424)		6		—		(428)		—		(428)		—		(428)
Net foreign exchange differences			5		(1)		—		—		4		—		4		—		4
As at December 31, 2020			495		4,274		96		—		4,865		—		4,865		364		5,229
Amortization			288		750		52		—		1,090		—		1,090		—		1,090
Dispositions, retirements and other			(62)		(747)		24		—		(785)		—		(785)		—		(785)
Net foreign exchange differences			(9)		2		—		—		(7)		—		(7)		—		(7)
As at December 31, 2021		$	712	$	4,279	$	172	$	—	$	5,163	$	—	$	5,163	$	364	$	5,527
NET BOOK VALUE
As at December 31, 2020		$	2,450	$	2,205	$	267	$	216	$	5,138	$	9,910	$	15,048	$	7,160	$	22,208
As at December 31, 2021		$	2,316	$	2,444	$	265	$	275	$	5,300	$	12,185	$	17,485	$	7,281	$	24,766

1 The amount for goodwill arising from business acquisitions for the year ended December 31, 2020, has been adjusted as set out in (c).

2 Accumulated amortization of goodwill is amortization recorded prior to 2002; there are no accumulated impairment losses in the accumulated amortization of goodwill.

Schedule of acquisition-date fair values assigned to the assets acquired and liabilities assumed

			Total of
	Blacksmith		individually
	Applications		immaterial
(millions)	Holdings Inc. 1		transactions 1		Total
Assets
Current assets
Cash	$	26	$	4	$	30
Accounts receivable 2		14		3		17
Other		1		5		6
		41		12		53
Non-current assets
Property, plant and equipment
Owned assets		—		3		3
Right-of-use lease assets		3		1		4
Intangible assets subject to amortization 3		262		104		366
Other		—		19		19
		265		127		392
Total identifiable assets acquired		306		139		445
Liabilities
Current liabilities
Short-term borrowings		—		4		4
Accounts payable and accrued liabilities		31		5		36
Income and other taxes payable		—		1		1
Advance billings and customer deposits		18		2		20
Current maturities of long-term debt		2		1		3
		51		13		64
Non-current liabilities
Long-term debt		73		1		74
Other long-term liabilities		5		—		5
Deferred income taxes		66		5		71
		144		6		150
Total liabilities assumed		195		19		214
Net identifiable assets acquired		111		120		231
Goodwill		161		94		255
Net assets acquired	$	272	$	214	$	486
Acquisition effected by way of:
Cash consideration	$	272	$	214	$	486

1 The purchase price allocation, primarily in respect of customer contracts, related customer relationships and leasehold interests and deferred income taxes, had not been finalized as of the date of issuance of these consolidated financial statements. As is customary in a business acquisition transaction, until the time of acquisition of control, we did not have full access to the books and records of the acquired businesses. Upon having sufficient time to review the books and records of the acquired businesses, we expect to finalize our purchase price allocations.

2 The fair value of accounts receivable is equal to the gross contractual amounts receivable and reflects the best estimate at the acquisition date of the contractual cash flows expected to be collected.

3 Customer contracts and customer relationships (including those related to customer contracts) are generally expected to be amortized over a period of 8 years; software is expected to be amortized over periods of 5-10 years; and other intangible assets are expected to be amortized over periods of 2-4 years.

Schedule of carrying values of intangible assets with indefinite lives and goodwill

	Intangible assets with
	indefinite lives				Goodwill				Total
As at December 31 (millions)	2021		2020		2021		2020 1		2021		2020
TELUS technology solutions	$	12,185	$	—	$	5,367	$	—	$	17,552	$	—
Digitally-led customer experiences - TELUS International		—		—		1,914		—		1,914		—
Wireless		—		9,910		—		2,890		—		12,800
Wireline		—		—		—		4,270		—		4,270
	$	12,185	$	9,910	$	7,281	$	7,160	$	19,466	$	17,070

1 The goodwill balance for wireline as at December 31, 2020, has been adjusted, as set out in (c).