LEASES (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Assets and liabilities, lessee

Supplemental Statements of Financial Position Information

	June 30, 2019		January 1, 2019
(millions of Canadian dollars, except lease term and discount rate)
Operating leases
Operating lease right-of-use assets, net1	738		771
Operating lease liabilities - current2	99		86
Operating lease liabilities - long-term3	714		770
Total operating lease liabilities	813		856
Weighted average remaining lease term
Operating leases	14 years		14 years
Weighted average discount rate
Operating leases	4.3	%	4.3	%

1 Right-of-use assets are reported under Deferred amounts and other assets in the Consolidated Statements of Financial Position.

2 Current lease liabilities are reported under Accounts payable and other in the Consolidated Statements of Financial Position.

3 Long-term lease liabilities are reported under Other long-term liabilities in the Consolidated Statements of Financial Position.

Lessee, operating lease, liability, maturity

As at June 30, 2019, we have operating lease commitments as detailed below:

	Operating leases
(millions of Canadian dollars)
20191	60
2020	124
2021	96
2022	91
2023	81
Thereafter	665
Total undiscounted lease payments	1,117
Less imputed interest	(304	)
Total operating lease commitments	813

1 For the six months remaining in the 2019 fiscal year.

Operating lease, lease income

	Three months ended June 30, 2019	Six months ended June 30, 2019
(millions of Canadian dollars)
Operating lease income	66	130
Variable lease income	85	185
Total lease income	151	315

Lessor, operating lease, payments to be received, maturity

The following table sets out future minimum lease payments expected to be received under lease contracts where we are the lessor:

	Operating leases
(millions of Canadian dollars)
20191	131
2020	229
2021	196
2022	186
2023	178
Thereafter	2,391
Total undiscounted lease payments	3,311

1

For the six months remaining in the 2019 fiscal year.