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Consolidated statement of cash flows - CAD
CAD in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash Generated from Operations      
Net Income/(Loss) CAD 573 CAD (1,140) CAD 1,994
Depreciation and amortization 1,939 1,765 1,611
Goodwill and other asset impairment charges (Note 8, 11 and 12) 1,388 3,745 0
Deferred income taxes (Note 16) 192 (102) 684
Income from equity investments (Note 9) (514) (440) (522)
Distributions received from operating activities of equity investments (Note 9) 844 793 726
Employee post-retirement benefits expense, net of funding (Note 23) (3) 44 37
Loss/(gain) on assets held for sale/sold (Notes 6 and 26) 833 125 (117)
Equity allowance for funds used during construction (253) (165) (95)
Unrealized (gains)/losses on financial instruments (149) 58 74
Other 55 47 22
Decrease/(increase) in operating working capital (Note 25) 251 (307) (189)
Net cash provided by operations 5,156 4,423 4,225
Investing Activities      
Capital expenditures (Note 4) (5,007) (3,918) (3,489)
Capital projects in development (Note 4) (295) (511) (848)
Contributions to equity investments (Note 9) (765) (493) (256)
Acquisitions, net of cash acquired (Note 5 and 26) (13,608) (236) (241)
Proceeds from sale of assets, net of transaction costs (Note 26) 6   196
Other distributions from equity investments (Note 9) 727 9 12
Deferred amounts and other 159 272 335
Net cash used in investing activities (18,783) (4,877) (4,291)
Financing Activities      
Notes payable (repaid)/issued, net (329) (1,382) 544
Long-term debt issued, net of issue costs 12,333 5,045 1,403
Long-term debt repaid (7,153) (2,105) (1,069)
Junior subordinated notes issued, net of issue costs 1,549 917 0
Advances from/(to) affiliates, net 4,523 (189) (694)
Dividends on common shares (1,612) (1,446) (1,345)
Dividends on preferred shares   0 (4)
Distributions paid to non-controlling interests (279) (224) (174)
Common shares issued, net of issue costs 4,661   1,115
Partnership units of subsidiary issued, net of issue costs 215 55 79
Preferred shares of subsidiary redeemed (Note 19) 0   (200)
Net cash provided by/(used in) financing activities 13,908 671 (345)
Effect of Foreign Exchange Rate Changes on Cash and Cash Equivalents (127) 112  
Increase/(Decrease) in Cash and Cash Equivalents 154 329 (411)
Cash and Cash Equivalents, Beginning of year 813 484 895
Cash and Cash Equivalents, End of year CAD 967 CAD 813 CAD 484