Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Adoption of New IFRS Pronouncements

As at December 31, 2022, $584 million (2021 – $704 million) of right-of-use assets are recorded as part of land, buildings, plant and equipment within property, plant and equipment.

(CAD$ in millions)	2022		2021
Opening net book value	$	704	$	730
Additions	202		141
Depreciation	(142)		(163)
Changes in foreign exchange rates and other	39		(4)
Transfer to assets held for sale	(219)		—
Closing net book value	$	584	$	704

Disclosure of Lease Liability Continuity

Lease Liability Continuity

(CAD$ in millions)	2022		2021
As at January 1	$	694	$	692
Cash flows
Principal payments	(149)		(139)
Interest payments	(38)		(35)
Non-cash changes
Additions	210		151
Interest expense	38		35
Changes in foreign exchange and other	25		(10)
Transfer to liabilities associated with assets held for sale	(209)		—
As at December 31	$	571	$	694
Less current portion of lease liabilities	(132)		(127)
Non-current lease liabilities	$	439	$	567