related party transactions (Tables)

6 Months Ended

Jun. 30, 2023

related party transactions

Schedule of transactions with key management personnel

	Three months				Six months
Periods ended June 30 (millions)	2023		2022		2023		2022
Short-term benefits	$	6	$	4	$	11	$	8
Post-employment pension 1 and other benefits		2		2		4		7
Share-based compensation 2		10		22		27		40
	$	18	$	28	$	42	$	55

1 Our Executive Team members are members of our Pension Plan for Management and Professional Employees of TELUS Corporation and certain other non-registered, non-contributory supplementary defined benefit and defined contribution pension plans.

2 We accrue an expense for the notional subset of our restricted share units with market performance conditions using a fair value determined by a Monte Carlo simulation. Restricted share units with an equity settlement feature are accounted for as equity instruments. The expense for restricted share units that do not ultimately vest is reversed against the expense that was previously recorded in their respect.

Six-month periods ended June 30	2023					2022
	Number of	Notional		Grant-date		Number of	Notional		Grant-date
($ in millions)	units	value 1		fair value 1		units	value 1		fair value 1
TELUS Corporation
Restricted share units	1,220,549	$	33	$	35	1,007,431	$	32	$	39
TELUS International (Cda) Inc.
Restricted share units	353,789		10		10	265,617		9		9
		$	43	$	45		$	41	$	48

1 The notional value of restricted share units is determined by multiplying the equity share price at the time of award by the number of units awarded; the grant-date fair value differs from the notional value because the fair values of some awards have been determined using a Monte Carlo simulation (see Note 14(b)). The notional value of share options has been determined using an option pricing model.