Properties (Tables)

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Properties including finance leases

The following table provides the breakdown of Properties as at December 31, 2022 and 2021:

	December 31, 2022								December 31, 2021
In millions	Depreciation rate		Cost		Accumulated Depreciation		Net		Cost		Accumulated Depreciation		Net
Properties including finance leases
Track and roadway (1) (2)	2	%	$	44,037	$	9,977	$	34,060	$	41,262	$	9,148	$	32,114
Rolling stock	4	%	8,233		3,295		4,938		7,767		3,062		4,705
Buildings	3	%	2,202		750		1,452		2,043		695		1,348
Information technology (3)	10	%	2,670		1,156		1,514		2,412		959		1,453
Other	6	%	2,921		1,348		1,573		2,787		1,229		1,558
Total properties including finance leases (4)			$	60,063	$	16,526	$	43,537	$	56,271	$	15,093	$	41,178

Finance leases included in properties

Finance leases included in properties
Track and roadway (5)	$	405	$	100	$	305	$	406	$	94	$	312
Rolling stock	12		1		11		11		1		10
Buildings	27		11		16		27		10		17
Other	101		31		70		94		25		69
Total finance leases included in properties	$	545	$	143	$	402	$	538	$	130	$	408

(1)    As at December 31, 2022, includes land of $2,483 million (2021 - $2,308 million).

(2) In 2021, the Company made an adjustment of $33 million for assets held for sale. See Note 6 – Assets held for sale for additional information.

(3)    In 2022, the Company capitalized costs for internally developed software and related licenses of $213 million (2021 - $191 million).

(4)    In 2022, property additions, net of finance leases, were $2,750 million (2021 - $2,891 million), of which $1,490 million (2021 - $1,580 million) related to track and railway infrastructure maintenance, including the replacement of rail, ties, bridge improvements, and other general track maintenance.

(5)    As at December 31, 2022, includes right-of-way access of $106 million (2021 - $106 million).