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Debt (Tables)
 12 Months Ended
Dec. 31, 2019
Financial Instruments [Abstract]  
Scheduled Principal Payments
Debt
($ in millions)
 
December 31, 2019
 
December 31, 2018
 
 
Face
Value
(US$)

 
Carrying
Value
(CAD$)

 
Fair
Value
(CAD$)

 
Face
Value
(US$)

 
Carrying
Value
(CAD$)

 
Fair
Value
(CAD$)

4.5% notes due January 2021 (a)
 
$
117

 
$
152

 
$
155

 
$
117

 
$
159

 
$
159

4.75% notes due January 2022 (a)
 
202

 
262

 
273

 
202

 
275

 
275

3.75% notes due February 2023 (a)
 
220

 
289

 
298

 
220

 
295

 
286

8.5% notes due June 2024 (a)
 
—

 
—

 
—

 
600

 
819

 
883

6.125% notes due October 2035
 
609

 
779

 
932

 
609

 
818

 
802

6.0% notes due August 2040
 
490

 
634

 
712

 
490

 
666

 
621

6.25% notes due July 2041
 
795

 
1,021

 
1,187

 
795

 
1,072

 
1,031

5.2% notes due March 2042
 
399

 
512

 
537

 
399

 
537

 
465

5.4% notes due February 2043
 
377

 
484

 
520

 
377

 
509

 
449

 
 
3,209

 
4,133

 
4,614

 
3,809

 
5,150

 
4,971

Antamina term loan due April 2020
 
23

 
29

 
29

 
23

 
31

 
31

 
 
$
3,232

 
$
4,162

 
$
4,643

 
$
3,832

 
$
5,181

 
$
5,002

Less current portion of debt
 
(23
)
 
(29
)
 
(29
)
 
—

 
—

 
—

 
 
$
3,209

 
$
4,133

 
$
4,614

 
$
3,832

 
$
5,181

 
$
5,002
Schedule of Maturity Analysis for Non-Derivative Financial Liabilities
At December 31, 2019, the scheduled principal payments during the next five years and thereafter are as follows:
($ in millions)
 
US$

 
CAD$
Equivalent

2020
 
$
23

 
$
29

2021
 
117

 
152

2022
 
202

 
262

2023
 
220

 
286

2024
 
—

 
—

Thereafter
 
2,670

 
3,469

 
 
$
3,232

 
$
4,198

Contractual undiscounted cash flow requirements for financial liabilities as at December 31, 2019 are as follows:
(CAD$ in millions)
 
Less Than
1 Year

 
2–3
Years

 
4–5
Years

 
More Than
5 Years

 
Total

Trade accounts payable and other liabilities (Note 18)
 
$
2,498

 
$
—

 
$
—

 
$
—

 
$
2,498

Debt (Note 19(d))
 
29

 
414

 
286

 
3,469

 
4,198

Lease liabilities (Note 20(b))
 
162

 
193

 
109

 
676

 
1,140

Estimated interest payments on debt
 
235

 
444

 
410

 
3,126

 
4,215

Estimated interest payments on lease liabilities
 
9

 
11

 
6

 
39

 
65
Summary of Debt Continuity
Debt Continuity
($ in millions)
 
US$
 
CAD$ Equivalent
 
 
2019

 
2018

 
2019

 
2018

As at January 1
 
$
3,798

 
$
4,827

 
$
5,181

 
$
6,056

Cash flows
 
 
 
 
 
 
 
 
Scheduled debt repayments
 
—

 
(22
)
 
—

 
(28
)
Debt redemption or purchase
 
(638
)
 
(1,015
)
 
(835
)
 
(1,327
)
Non-cash changes
 
 
 
 
 
 
 
 
Loss on debt redemption or purchase (a)
 
38

 
20

 
50

 
26

Changes in foreign exchange rates
 
—

 
—

 
(244
)
 
471

Finance fees and discount amortization
 
—

 
—

 
—

 
1

Other
 
6

 
(12
)
 
10

 
(18
)
As at December 31
 
$
3,204

 
$
3,798

 
$
4,162

 
$
5,181