CONSOLIDATED STATEMENTS OF CASH FLOWS - CAD ($) $ in Millions	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Operating activities
Earnings	$ 1,517	$ 4,913
Adjustments to reconcile earnings to net cash provided by operating activities:
Depreciation and amortization	2,766	2,526
Deferred income tax (recovery)/expense	(82)	983
Changes in unrealized (gain)/loss on derivative instruments, net	200	(1,005)
Earnings from equity investments	(805)	(1,159)
Distributions from equity investments	1,145	1,442
Impairment of equity investments	2,351	0
Impairment of long-lived assets	0	105
Other	222	51
Changes in operating assets and liabilities	213	(451)
Net cash provided by operating activities	7,527	7,405
Investing activities
Capital expenditures	(3,790)	(3,928)
Long-term investments and restricted long-term investments	(413)	(1,018)
Distributions from equity investments in excess of cumulative earnings	438	285
Additions to intangible assets	(154)	(136)
Proceeds from dispositions	265	0
Loans to affiliates, net	10	(232)
Net cash used in investing activities	(3,644)	(5,029)
Financing activities
Net change in short-term borrowings	71	245
Net change in commercial paper and credit facility draws	231	3,365
Debenture and term note issues, net of issue costs	4,834	2,553
Debenture and term note repayments	(3,517)	(2,994)
Contributions from noncontrolling interests	21	10
Distributions to noncontrolling interests	(232)	(194)
Common shares issued	3	18
Preference share dividends	(284)	(287)
Common share dividends	(4,920)	(4,480)
Redemption of preferred shares held by subsidiary	0	(300)
Other	(52)	(60)
Net cash used in financing activities	(3,845)	(2,124)
Effect of translation of foreign denominated cash and cash equivalents and restricted cash	(22)	(17)
Net increase in cash and cash equivalents and restricted cash	16	235
Cash and cash equivalents and restricted cash at beginning of period	676	637
Cash and cash equivalents and restricted cash at end of period	$ 692	$ 872