XML 128 R99.htm IDEA: XBRL DOCUMENT v3.3.1.900
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS - EFFECTS OF DERIVATIVE INSTRUMENTS ON STATEMENT OF EARNINGS AND COMPREHENSIVE INCOME (Details) - CAD
CAD in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Amount of unrealized gains/(loss) recognized in OCI CAD (484) CAD (1,128) CAD 778
Amount of gains/(loss) reclassified from AOCI to earnings (effective portion) 119 106 100
De-designation of qualifying hedges in connection with the Canadian Restructuring Plan (Note 1) 338    
Amount of gains/(loss) reclassified from AOCI to earnings (ineffective portion and amount excluded from effectiveness testing) 26 210 48
Total unrealized derivative fair value gains/(loss) CAD (2,373) 96 (1,262)
Rolling time period over which the Company forecasts cash requirements 12 months    
Period of anticipated requirements for which the Company maintains sufficient liquidity through committed credit facilities 1 year    
Non-Qualifying Derivative Instruments      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Total unrealized derivative fair value gains/(loss) CAD (2,373) 106 (1,247)
Cash Flow Hedges.      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Estimated amount of AOCI related to cash flow hedges reclassified to earnings in the next 12 months CAD 71    
Period to hedge exposures to the variability of cash flows for all forecasted transactions 48 months    
Foreign Exchange Risk | Other income/(expense)      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Amount of gains/(loss) reclassified from AOCI to earnings (effective portion) CAD 9 8 (8)
Foreign Exchange Risk | Non-Qualifying Derivative Instruments      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Total unrealized derivative fair value gains/(loss) (2,187) (936) (738)
Foreign Exchange Risk | Non-Qualifying Derivative Instruments | Transportation and other services revenues      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Total unrealized derivative fair value gains/(loss) (1,383) (496) (352)
Foreign Exchange Risk | Non-Qualifying Derivative Instruments | Other income/(expense)      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Total unrealized derivative fair value gains/(loss) (804) (440) (386)
Foreign Exchange Risk | Cash Flow Hedges.      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Amount of unrealized gains/(loss) recognized in OCI 77 8 56
Foreign Exchange Risk | Net Investment Hedges      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Amount of unrealized gains/(loss) recognized in OCI (248) (113) (81)
Interest rate contracts | Interest expense.      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Amount of gains/(loss) reclassified from AOCI to earnings (effective portion) 128 101 107
De-designation of qualifying hedges in connection with the Canadian Restructuring Plan (Note 1) 338    
Amount of gains/(loss) reclassified from AOCI to earnings (ineffective portion and amount excluded from effectiveness testing) 21 216 51
Interest rate contracts | Non-Qualifying Derivative Instruments      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Total unrealized derivative fair value gains/(loss) (363) 4 (10)
Interest rate contracts | Cash Flow Hedges.      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Amount of unrealized gains/(loss) recognized in OCI (275) (1,086) 814
Commodity contracts | Commodity costs      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Amount of gains/(loss) reclassified from AOCI to earnings (effective portion) (46) 4 1
Amount of gains/(loss) reclassified from AOCI to earnings (ineffective portion and amount excluded from effectiveness testing) 5 (6) (3)
Commodity contracts | Non-Qualifying Derivative Instruments      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Total unrealized derivative fair value gains/(loss) 199 1,031 (496)
Commodity contracts | Non-Qualifying Derivative Instruments | Commodity sales      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Total unrealized derivative fair value gains/(loss) (226) 0 0
Commodity contracts | Non-Qualifying Derivative Instruments | Commodity costs      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Total unrealized derivative fair value gains/(loss) 99 303 (35)
Commodity contracts | Non-Qualifying Derivative Instruments | Operating and administrative expense      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Total unrealized derivative fair value gains/(loss) (2) (13) (86)
Commodity contracts | Non-Qualifying Derivative Instruments | Transportation and other services revenues      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Total unrealized derivative fair value gains/(loss) 328 741 (375)
Commodity contracts | Cash Flow Hedges.      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Amount of unrealized gains/(loss) recognized in OCI 9 50 (9)
Other contracts | Operating and administrative expense      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Amount of gains/(loss) reclassified from AOCI to earnings (effective portion) 28 (7)  
Other contracts | Non-Qualifying Derivative Instruments      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Total unrealized derivative fair value gains/(loss) (22) 7 (3)
Other contracts | Cash Flow Hedges.      
The Effect of Derivative Instruments on the Statements of Earnings and Comprehensive Income      
Amount of unrealized gains/(loss) recognized in OCI CAD (47) CAD 13 CAD (2)