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CONSOLIDATED STATEMENTS OF INCOME - CAD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Total revenues $ 8,814 $ 7,995 $ 7,710
Operating expenses      
Compensation and benefits 1,570 1,570 1,560
Fuel 1,400 854 652
Materials 260 215 216
Equipment rents 140 121 142
Depreciation and amortization 853 811 779
Purchased services and other 1,262 1,218 1,050
Total operating expenses 5,485 4,789 4,399
Operating income 3,329 3,206 3,311
Less:      
Equity (earnings) loss of Kansas City Southern (1,074) 141 0
Other expense (income) 17 237 (7)
Merger termination fee 0 (845) 0
Other components of net periodic benefit recovery (411) (387) (342)
Net interest expense 652 440 458
Income before income tax expense 4,145 3,620 3,202
Income tax expense 628 768 758
Net income $ 3,517 $ 2,852 $ 2,444
Earnings per share      
Basic earnings per share (cad per share) $ 3.78 $ 4.20 $ 3.61
Diluted earnings per share (cad per share) $ 3.77 $ 4.18 $ 3.59
Weighted-average number of shares (millions)      
Basic (in shares) 930.0 679.7 677.2
Diluted (in shares) 932.9 682.8 679.9
Freight      
Revenues      
Total revenues $ 8,627 $ 7,816 $ 7,541
Non-freight      
Revenues      
Total revenues $ 187 $ 179 $ 169