$CP
CANADIAN PACIFIC KANSAS CITY LTD/CN

2024 Q3 Form 10-Q Financial Statement

#000001687524000026 Filed on July 31, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue 3.549B cads 3.603B cads
YoY Change 6.29% 13.52%
Cost Of Revenue $563.0M
YoY Change 13.74%
Gross Profit $3.040B
YoY Change 13.48%
Gross Profit Margin 84.37%
Selling, General & Admin $696.0M
YoY Change 2.96%
% of Gross Profit 22.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization 472.0M cads 473.0M cads
YoY Change 4.66% 15.37%
% of Gross Profit 15.56%
Operating Expenses $1.771B
YoY Change 9.39%
Operating Profit 1.203B cads 1.267B cads
YoY Change 2.56% 19.53%
Interest Expense -192.0M cads -200.0M cads
YoY Change -7.25% 12.99%
% of Operating Profit -15.96% -15.79%
Other Income/Expense, Net -1.000M cads 40.00M cads
YoY Change -92.31% -38.46%
Pretax Income 1.099B cads 1.195B cads
YoY Change 5.88% -118.83%
Income Tax 262.0M cads 292.0M cads
% Of Pretax Income 23.84% 24.44%
Net Earnings 837.0M cads 905.0M cads
YoY Change 7.31% -31.65%
Net Earnings / Revenue 23.58% 25.12%
Basic Earnings Per Share $0.90 $0.97
Diluted Earnings Per Share $0.90 $0.97
COMMON SHARES
Basic Shares Outstanding 933.1M shares 932.7M shares
Diluted Shares Outstanding 935.3M shares 934.6M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $557.0M
YoY Change -5.43%
Cash & Equivalents 463.0M cads 557.0M cads
Short-Term Investments
Other Short-Term Assets 261.0M cads 334.0M cads
YoY Change 3.57% 14.38%
Inventory $421.0M
Prepaid Expenses
Receivables 1.941B cads 1.893B cads
Other Receivables $0.00
Total Short-Term Assets 3.072B cads 3.205B cads
YoY Change 0.1% 9.84%
LONG-TERM ASSETS
Property, Plant & Equipment 53.24B cads 53.47B cads
YoY Change 1.88% 4.47%
Goodwill 18.16B cads 18.41B cads
YoY Change 0.07% 4.17%
Intangibles 2.972B cads 3.035B cads
YoY Change -2.91% 0.53%
Long-Term Investments $559.0M
YoY Change 5.08%
Other Assets 620.0M cads 596.0M cads
YoY Change 9.15% -84.5%
Total Long-Term Assets 79.15B cads 79.59B cads
YoY Change 1.57% 4.37%
TOTAL ASSETS
Total Short-Term Assets 3.072B cads 3.205B cads
Total Long-Term Assets 79.15B cads 79.59B cads
Total Assets 82.23B cads 82.79B cads
YoY Change 1.52% 4.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.611B
YoY Change 7.45%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $734.0M
YoY Change 81.23%
Long-Term Debt Due $2.934B
YoY Change 95.08%
Total Short-Term Liabilities 5.798B cads 6.279B cads
YoY Change 32.1% 44.71%
LONG-TERM LIABILITIES
Long-Term Debt $18.96B
YoY Change -11.23%
Other Long-Term Liabilities 817.0M cads 812.0M cads
YoY Change 2.25% -41.83%
Total Long-Term Liabilities 817.0M cads 812.0M cads
YoY Change 2.25% -96.43%
TOTAL LIABILITIES
Total Short-Term Liabilities 5.798B cads 6.279B cads
Total Long-Term Liabilities 817.0M cads 812.0M cads
Total Liabilities 37.15B cads 37.97B cads
YoY Change -4.12% -2.88%
SHAREHOLDERS EQUITY
Retained Earnings 18.41B cads 17.75B cads
YoY Change 18.17% 18.52%
Common Stock 25.77B cads 25.75B cads
YoY Change 0.38% 0.38%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity 44.14B cads 43.87B cads
YoY Change
Total Liabilities & Shareholders Equity 82.23B cads 82.79B cads
YoY Change 1.52% 4.57%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income 837.0M cads 905.0M cads
YoY Change 7.31% -31.65%
Depreciation, Depletion And Amortization 472.0M cads 473.0M cads
YoY Change 4.66% 15.37%
Cash From Operating Activities 1.272B cads 1.278B cads
YoY Change 23.86% 43.11%
INVESTING ACTIVITIES
Capital Expenditures 748.0M cads 808.0M cads
YoY Change 2.05% 26.84%
Acquisitions
YoY Change
Other Investing Activities 12.00M cads -33.00M cads
YoY Change 500.0% -273.68%
Cash From Investing Activities -760.0M cads -782.0M cads
YoY Change 2.43% 26.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -596.0M cads -464.0M cads
YoY Change 83.95% 99.14%
NET CHANGE
Cash From Operating Activities 1.272B cads 1.278B cads
Cash From Investing Activities -760.0M cads -782.0M cads
Cash From Financing Activities -596.0M cads -464.0M cads
Net Change In Cash -94.00M cads 38.00M cads
YoY Change 203.23% -9.52%
FREE CASH FLOW
Cash From Operating Activities 1.272B cads 1.278B cads
Capital Expenditures 748.0M cads 808.0M cads
Free Cash Flow 524.0M cads 470.0M cads
YoY Change 78.23% 83.59%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q2 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-69000000 cad
CY2023Q2 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
28000000 cad
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-68000000 cad
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-19000000 cad
CY2023Q2 us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
-11000000 cad
us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
75000000 cad
us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
129000000 cad
cp Payments To Acquire Property Within Consolidated Subsidiary With Noncontrolling Interest
PaymentsToAcquirePropertyWithinConsolidatedSubsidiaryWithNoncontrollingInterest
20000000 cad
CY2023Q2 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
12000000 cad
us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
10000000 cad
us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
16000000 cad
CY2024Q2 us-gaap Cash Acquired In Excess Of Payments To Acquire Business
CashAcquiredInExcessOfPaymentsToAcquireBusiness
0 cad
CY2023Q2 us-gaap Cash Acquired In Excess Of Payments To Acquire Business
CashAcquiredInExcessOfPaymentsToAcquireBusiness
298000000 cad
us-gaap Cash Acquired In Excess Of Payments To Acquire Business
CashAcquiredInExcessOfPaymentsToAcquireBusiness
0 cad
us-gaap Cash Acquired In Excess Of Payments To Acquire Business
CashAcquiredInExcessOfPaymentsToAcquireBusiness
298000000 cad
CY2024Q2 us-gaap Payments For Proceeds From Heldtomaturity Securities Shortterm
PaymentsForProceedsFromHeldtomaturitySecuritiesShortterm
0 cad
CY2023Q2 us-gaap Payments For Proceeds From Heldtomaturity Securities Shortterm
PaymentsForProceedsFromHeldtomaturitySecuritiesShortterm
267000000 cad
us-gaap Payments For Proceeds From Heldtomaturity Securities Shortterm
PaymentsForProceedsFromHeldtomaturitySecuritiesShortterm
0 cad
us-gaap Payments For Proceeds From Heldtomaturity Securities Shortterm
PaymentsForProceedsFromHeldtomaturitySecuritiesShortterm
267000000 cad
CY2024Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-33000000 cad
CY2023Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
24000000 cad
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-21000000 cad
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
24000000 cad
CY2024Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-782000000 cad
CY2023Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-617000000 cad
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1324000000 cad
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1019000000 cad
CY2024Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
178000000 cad
CY2023Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
176000000 cad
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
355000000 cad
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
353000000 cad
CY2024Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
20000000 cad
CY2023Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
19000000 cad
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
42000000 cad
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
37000000 cad
CY2024Q2 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
149000000 cad
CY2023Q2 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
610000000 cad
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
220000000 cad
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
1096000000 cad
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
557000000 cad
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
325000000 cad
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2440
CY2024Q2 cp Effective Income Tax Rate Reconciliation Estimated Rate Excluding Discrete Items Percent
EffectiveIncomeTaxRateReconciliationEstimatedRateExcludingDiscreteItemsPercent
0.2500
CY2024Q2 cp Payments For Settlement Of Derivative
PaymentsForSettlementOfDerivative
0 cad
CY2023Q2 cp Payments For Settlement Of Derivative
PaymentsForSettlementOfDerivative
0 cad
cp Payments For Settlement Of Derivative
PaymentsForSettlementOfDerivative
65000000 cad
cp Payments For Settlement Of Derivative
PaymentsForSettlementOfDerivative
0 cad
CY2024Q2 us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
-28000000 cad
CY2024Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1278000000 cad
CY2023Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
892000000 cad
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2293000000 cad
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1774000000 cad
CY2024Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
808000000 cad
CY2023Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
628000000 cad
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1335000000 cad
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1034000000 cad
CY2024Q2 cp Payments To Acquire Property Within Consolidated Subsidiary With Noncontrolling Interest
PaymentsToAcquirePropertyWithinConsolidatedSubsidiaryWithNoncontrollingInterest
16000000 cad
CY2023Q2 cp Payments To Acquire Property Within Consolidated Subsidiary With Noncontrolling Interest
PaymentsToAcquirePropertyWithinConsolidatedSubsidiaryWithNoncontrollingInterest
8000000 cad
cp Payments To Acquire Property Within Consolidated Subsidiary With Noncontrolling Interest
PaymentsToAcquirePropertyWithinConsolidatedSubsidiaryWithNoncontrollingInterest
8000000 cad
CY2024Q2 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
9000000 cad
CY2024Q2 us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
-157000000 cad
CY2023Q2 us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
550000000 cad
us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
-362000000 cad
us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
550000000 cad
CY2024Q2 us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
0 cad
CY2023Q2 us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
15000000 cad
us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
0 cad
us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
15000000 cad
CY2024Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 cad
CY2023Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1000000 cad
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 cad
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1000000 cad
CY2024Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-464000000 cad
CY2023Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-233000000 cad
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-895000000 cad
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-878000000 cad
CY2024Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6000000 cad
CY2023Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-7000000 cad
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19000000 cad
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-3000000 cad
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
38000000 cad
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
35000000 cad
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
93000000 cad
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-126000000 cad
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
519000000 cad
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
290000000 cad
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
464000000 cad
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
451000000 cad
CY2024Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
309000000 cad
CY2023Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
259000000 cad
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
551000000 cad
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
443000000 cad
CY2024Q2 us-gaap Interest Paid Net
InterestPaidNet
161000000 cad
CY2023Q2 us-gaap Interest Paid Net
InterestPaidNet
271000000 cad
us-gaap Interest Paid Net
InterestPaidNet
406000000 cad
us-gaap Interest Paid Net
InterestPaidNet
418000000 cad
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
43761000000 cad
CY2024Q2 us-gaap Profit Loss
ProfitLoss
903000000 cad
CY2024Q2 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 cad
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
313000000 cad
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.19
CY2024Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
178000000 cad
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3000000 cad
CY2024Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
21000000 cad
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
44823000000 cad
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
39520000000 cad
CY2023Q2 us-gaap Profit Loss
ProfitLoss
1325000000 cad
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-626000000 cad
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.19
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
176000000 cad
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9000000 cad
CY2023Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
20000000 cad
CY2023Q2 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
932000000 cad
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
41004000000 cad
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
42411000000 cad
us-gaap Profit Loss
ProfitLoss
1677000000 cad
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
1000000 cad
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1031000000 cad
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.38
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
355000000 cad
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16000000 cad
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
42000000 cad
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
44823000000 cad
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
38886000000 cad
us-gaap Profit Loss
ProfitLoss
2125000000 cad
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-643000000 cad
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.38
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
353000000 cad
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
19000000 cad
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
38000000 cad
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
932000000 cad
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
41004000000 cad
cp Miles Of Transportation Network
MilesOfTransportationNetwork
20000 mi
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5384000000 cad
us-gaap Lease Income
LeaseIncome
56000000 cad
us-gaap Revenues
Revenues
5440000000 cad
CY2024Q2 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3000000 cad
CY2023Q2 cp Effective Income Tax Rate Reconciliation Estimated Rate Excluding Discrete Items Percent
EffectiveIncomeTaxRateReconciliationEstimatedRateExcludingDiscreteItemsPercent
0.2518
CY2023Q2 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementLoss
7175000000 cad
CY2023Q2 cp Income Taxes Re Evaluation Of Deferred Income Tax
IncomeTaxesReEvaluationOfDeferredIncomeTax
51000000 cad
CY2023Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
26000000 cad
cp Effective Income Tax Rate Reconciliation Estimated Rate Excluding Discrete Items Percent
EffectiveIncomeTaxRateReconciliationEstimatedRateExcludingDiscreteItemsPercent
0.2500
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3000000 cad
cp Effective Income Tax Rate Reconciliation Estimated Rate Excluding Discrete Items Percent
EffectiveIncomeTaxRateReconciliationEstimatedRateExcludingDiscreteItemsPercent
0.2488
us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementLoss
7175000000 cad
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
230000000 cad
cp Income Taxes Re Evaluation Of Deferred Income Tax
IncomeTaxesReEvaluationOfDeferredIncomeTax
51000000 cad
cp Effective Income Tax Rate Reconciliation Basis Difference On Equity Method Investment
EffectiveIncomeTaxRateReconciliationBasisDifferenceOnEquityMethodInvestment
-23000000 cad
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
905000000 cad
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
1324000000 cad
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
932800000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
931200000 shares
CY2024Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1800000 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2600000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
934600000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
933800000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.42
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.97
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.42
CY2024Q2 us-gaap Accounts Receivable Gross
AccountsReceivableGross
1987000000 cad
CY2023Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
1976000000 cad
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
94000000 cad
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
89000000 cad
CY2024Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
1893000000 cad
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
1887000000 cad
CY2023Q2 us-gaap Equity Method Investments
EquityMethodInvestments
44402000000 cad
CY2023Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
3338000000 cad
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
6794000000 cad
CY2023Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
615000000 cad
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
1371000000 cad
CY2023Q2 cp Business Acquisition Foreign Currency Exchange Rate Translation Revenue
BusinessAcquisitionForeignCurrencyExchangeRateTranslationRevenue
1.35
cp Business Acquisition Foreign Currency Exchange Rate Translation Revenue
BusinessAcquisitionForeignCurrencyExchangeRateTranslationRevenue
1.35
CY2023Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
26000000 cad
CY2023Q2 cp Business Acquisition Foreign Currency Exchange Rate Translation Revenue
BusinessAcquisitionForeignCurrencyExchangeRateTranslationRevenue
1.35
cp Business Acquisition Foreign Currency Exchange Rate Translation Revenue
BusinessAcquisitionForeignCurrencyExchangeRateTranslationRevenue
1.35
us-gaap Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
110000000 usd
CY2024Q2 us-gaap Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
110000000 usd
us-gaap Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
151000000 cad
CY2024Q2 us-gaap Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
151000000 cad
CY2024Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
16000000 cad
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
16000000 cad
CY2023Q4 us-gaap Commercial Paper
CommercialPaper
800000000 usd
CY2024Q2 cp Debt And Finance Lease Liabilities Excluding Commercial Paper And Term Loans
DebtAndFinanceLeaseLiabilitiesExcludingCommercialPaperAndTermLoans
21890000000 cad
CY2023Q4 cp Debt And Finance Lease Liabilities Excluding Commercial Paper And Term Loans
DebtAndFinanceLeaseLiabilitiesExcludingCommercialPaperAndTermLoans
21437000000 cad
CY2024Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
20314000000 cad
CY2023Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
20550000000 cad
CY2024Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
24000000 cad
CY2023Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
20000000 cad
CY2024Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
123000000 cad
CY2023Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
128000000 cad
CY2024Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
222000000 cad
CY2023Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
221000000 cad
CY2024Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-10000000 cad
CY2023Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-8000000 cad
CY2024Q2 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
1000000 cad
CY2023Q2 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
2000000 cad
CY2024Q2 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-88000000 cad
CY2023Q2 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-83000000 cad
CY2024Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-64000000 cad
CY2023Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-63000000 cad
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
48000000 cad
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
40000000 cad
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
246000000 cad
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
254000000 cad
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
445000000 cad
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
441000000 cad
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-20000000 cad
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-16000000 cad
us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
3000000 cad
us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
2000000 cad
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-176000000 cad
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-169000000 cad
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-128000000 cad
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-129000000 cad
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9000000 cad
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
68000000 cad
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
39000000 cad
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
71000000 cad
CY2024Q2 cp Loss Contingency Number Of Appeals From Bankruptcy Procedural Grounds
LossContingencyNumberOfAppealsFromBankruptcyProceduralGrounds
2 appeal
CY2024Q2 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
2000000 cad
us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
4000000 cad
CY2023Q2 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
3000000 cad
us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
4000000 cad
CY2024Q2 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
253000000 cad
CY2023Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
220000000 cad
cp Expected Time Period For Payment Of Provision For Environmental Remediation
ExpectedTimePeriodForPaymentOfProvisionForEnvironmentalRemediation
P10Y

Files In Submission

Name View Source Status
0000016875-24-000026-index-headers.html Edgar Link pending
0000016875-24-000026-index.html Edgar Link pending
0000016875-24-000026.txt Edgar Link pending
0000016875-24-000026-xbrl.zip Edgar Link pending
cp-20240630.htm Edgar Link pending
cp-20240630.xsd Edgar Link pending
exhibit102q22024.htm Edgar Link pending
exhibit221q22024.htm Edgar Link pending
exhibit311q22024.htm Edgar Link pending
exhibit312q22024.htm Edgar Link pending
cp-20240630_cal.xml Edgar Link unprocessable
cp-20240630_def.xml Edgar Link unprocessable
cp-20240630_lab.xml Edgar Link unprocessable
cp-20240630_pre.xml Edgar Link unprocessable
cp-20240630_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable
exhibit321q22024.htm Edgar Link pending
exhibit322q22024.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending