Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Adoption of New IFRS Pronouncements

As at December 31, 2021, $704 million (2020 – $730 million) of right-of-use assets are recorded as part of land, buildings, plant and equipment within property, plant and equipment.

(CAD$ in millions)	2021		2020
Opening net book value	$	730	$	762
Additions	141		312
Depreciation	(163)		(166)
Changes in foreign exchange rates and other	(4)		(178)
Closing net book value	$	704	$	730

Disclosure of Lease Liability Continuity

Lease Liability Continuity

(CAD$ in millions)	2021		2020
As at January 1	$	692	$	672
Cash flows
Principal payments	(139)		(163)
Interest payments	(35)		(37)
Non-cash changes
Additions	151		319
Interest expense (Note 9)	35		37
Changes in foreign exchange and other	(10)		(136)
As at December 31	$	694	$	692
Less current portion	(127)		(119)
Long-term lease liabilities	$	567	$	573