CONSOLIDATED STATEMENTS OF CASH FLOWS - CAD ($) $ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Operating activities
Earnings	$ 3,566	$ 3,867
Adjustments to reconcile earnings to net cash provided by operating activities:
Depreciation and amortization	2,466	2,283
Deferred income tax expense	613	919
Unrealized derivative fair value loss/(gain), net (Note 10)	923	(1,135)
Income from equity investments	(1,185)	(995)
Distributions from equity investments	1,037	1,066
Gain on disposition of equity investments	(1,091)	0
Other	143	72
Changes in operating assets and liabilities	(507)	1,228
Net cash provided by operating activities	5,965	7,305
Investing activities
Capital expenditures	(2,533)	(2,093)
Long-term, restricted and other investments	(1,294)	(472)
Distributions from equity investments in excess of cumulative earnings	463	752
Additions to intangible assets	(93)	(104)
Acquisitions	(10,454)	(487)
Proceeds from disposition of equity investments	2,724	0
Net change in affiliate loans	0	71
Other	(43)	0
Net cash used in investing activities	(11,230)	(2,333)
Financing activities
Net change in short-term borrowings	(200)	(1,148)
Net change in commercial paper and credit facility draws	2,963	(2,847)
Debenture and term note issues, net of issue costs	6,348	5,598
Debenture and term note repayments	(4,561)	(2,281)
Contributions from noncontrolling interests	2	8
Distributions to noncontrolling interests	(167)	(195)
Common shares issued, net of issue costs	2,485	0
Common shares repurchased	0	(125)
Preference share dividends	(188)	(171)
Common share dividends	(3,890)	(3,595)
Net change in affiliate loans	15	50
Other	(20)	(64)
Net cash provided by/(used in) financing activities	2,787	(4,770)
Effect of translation of foreign denominated cash and cash equivalents and restricted cash	192	(19)
Net change in cash and cash equivalents and restricted cash	(2,286)	183
Cash and cash equivalents and restricted cash at beginning of period	5,985	907
Cash and cash equivalents and restricted cash at end of period	$ 3,699	$ 1,090