CONSOLIDATED STATEMENTS OF CASH FLOWS - CAD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Operating activities
Earnings	$ 4,349	$ 1,517
Adjustments to reconcile earnings to net cash provided by operating activities:
Depreciation and amortization	2,805	2,766
Deferred income tax expense/(recovery)	789	(82)
Unrealized derivative fair value loss, net (Note 9)	86	200
Income from equity investments	(1,187)	(805)
Distributions from equity investments	1,197	1,145
Impairment of equity investments (Note 8)	111	2,351
Gain on disposition	(41)	0
Other	(87)	222
Changes in operating assets and liabilities	(1,068)	213
Net cash provided by operating activities	6,954	7,527
Investing activities
Capital expenditures	(5,475)	(3,790)
Long-term investments and restricted long-term investments	(241)	(413)
Distributions from equity investments in excess of cumulative earnings	295	438
Additions to intangible assets	(185)	(154)
Proceeds from disposition	122	265
Affiliate loans, net	19	10
Other	(30)	0
Net cash used in investing activities	(5,495)	(3,644)
Financing activities
Net change in short-term borrowings	84	71
Net change in commercial paper and credit facility draws	(32)	231
Debenture and term note issues, net of issue costs	6,135	4,834
Debenture and term note repayments	(1,888)	(3,517)
Contributions from noncontrolling interests	13	21
Distributions to noncontrolling interests	(210)	(232)
Common shares issued	3	3
Preference share dividends	(274)	(284)
Common share dividends	(5,074)	(4,920)
Redemption of preferred shares held by subsidiary	(115)	0
Other	(64)	(52)
Net cash used in financing activities	(1,422)	(3,845)
Effect of translation of foreign denominated cash and cash equivalents and restricted cash	(12)	(22)
Net increase in cash and cash equivalents and restricted cash	25	16
Cash and cash equivalents and restricted cash at beginning of period	490	676
Cash and cash equivalents and restricted cash at end of period	$ 515	$ 692