$CP
CANADIAN PACIFIC KANSAS CITY LTD/CN

2016 Q1 Form 10-Q Financial Statement

#000162828016014486 Filed on April 20, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $1.591B $1.665B
YoY Change -4.44% 10.34%
Cost Of Revenue $181.0M $247.0M
YoY Change -26.72% -23.53%
Gross Profit $1.410B $1.418B
YoY Change -0.56% 19.56%
Gross Profit Margin 88.62% 85.17%
Selling, General & Admin $374.0M $420.0M
YoY Change -10.95% 8.81%
% of Gross Profit 26.52% 29.62%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $162.0M $146.0M
YoY Change 10.96% 3.55%
% of Gross Profit 11.49% 10.3%
Operating Expenses $938.0M $1.053B
YoY Change -10.92% 38.01%
Operating Profit $653.0M $612.0M
YoY Change 6.7% 44.68%
Interest Expense $64.00M -$155.0M
YoY Change -141.29% 131.34%
% of Operating Profit 9.8% -25.33%
Other Income/Expense, Net $181.0M -$73.00M
YoY Change -347.95% 2333.33%
Pretax Income $710.0M $454.0M
YoY Change 56.39% 28.61%
Income Tax $170.0M $134.0M
% Of Pretax Income 23.94% 29.52%
Net Earnings $540.0M $320.0M
YoY Change 68.75% 25.98%
Net Earnings / Revenue 33.94% 19.22%
Basic Earnings Per Share $3.53 $1.94
Diluted Earnings Per Share $3.51 $1.92
COMMON SHARES
Basic Shares Outstanding 153.0M shares 164.9M shares
Diluted Shares Outstanding 153.8M shares 166.3M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $571.0M $184.0M
YoY Change 210.33% -34.05%
Cash & Equivalents $571.0M $184.0M
Short-Term Investments
Other Short-Term Assets $69.00M $143.0M
YoY Change -51.75% -82.52%
Inventory $181.0M $171.0M
Prepaid Expenses
Receivables $629.0M $776.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.450B $1.274B
YoY Change 13.81% -36.62%
LONG-TERM ASSETS
Property, Plant & Equipment $16.01B $14.93B
YoY Change 7.23% 10.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $148.0M $125.0M
YoY Change 18.4% 27.55%
Other Assets $53.00M $725.0M
YoY Change -92.69% -52.33%
Total Long-Term Assets $17.90B $15.98B
YoY Change 12.04% 4.38%
TOTAL ASSETS
Total Short-Term Assets $1.450B $1.274B
Total Long-Term Assets $17.90B $15.98B
Total Assets $19.35B $17.25B
YoY Change 12.17% -0.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.143B $1.280B
YoY Change -10.7% 11.89%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $23.00M $91.00M
YoY Change -74.73% -4.21%
Total Short-Term Liabilities $1.166B $1.371B
YoY Change -14.95% 10.65%
LONG-TERM LIABILITIES
Long-Term Debt $8.430B $6.358B
YoY Change 32.59% 33.18%
Other Long-Term Liabilities $291.0M $1.197B
YoY Change -75.69% 18.4%
Total Long-Term Liabilities $291.0M $7.555B
YoY Change -96.15% 30.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.166B $1.371B
Total Long-Term Liabilities $291.0M $7.555B
Total Liabilities $14.06B $11.83B
YoY Change 18.83% 17.7%
SHAREHOLDERS EQUITY
Retained Earnings $4.658B
YoY Change
Common Stock $2.113B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.290B $5.418B
YoY Change
Total Liabilities & Shareholders Equity $19.35B $17.25B
YoY Change 12.17% -0.38%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $540.0M $320.0M
YoY Change 68.75% 25.98%
Depreciation, Depletion And Amortization $162.0M $146.0M
YoY Change 10.96% 3.55%
Cash From Operating Activities $218.0M $555.0M
YoY Change -60.72% 93.38%
INVESTING ACTIVITIES
Capital Expenditures $278.0M $263.0M
YoY Change 5.7% -217.41%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$20.00M
YoY Change -100.0% -385.71%
Cash From Investing Activities -$218.0M -$191.0M
YoY Change 14.14% -11.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$5.000M $513.0M
YoY Change -100.97%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -62.00M -412.0M
YoY Change -84.95% 49.82%
NET CHANGE
Cash From Operating Activities 218.0M 555.0M
Cash From Investing Activities -218.0M -191.0M
Cash From Financing Activities -62.00M -412.0M
Net Change In Cash -62.00M -48.00M
YoY Change 29.17% -76.59%
FREE CASH FLOW
Cash From Operating Activities $218.0M $555.0M
Capital Expenditures $278.0M $263.0M
Free Cash Flow -$60.00M $292.0M
YoY Change -120.55% -42.86%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q4 cp Accounts Payable Intercompany Current
AccountsPayableIntercompanyCurrent
0
CY2016Q1 cp Accounts Payable Intercompany Current
AccountsPayableIntercompanyCurrent
0
CY2015Q4 cp Accounts Receivable Intercompany Current
AccountsReceivableIntercompanyCurrent
0
CY2016Q1 cp Accounts Receivable Intercompany Current
AccountsReceivableIntercompanyCurrent
0
CY2016Q1 cp Accrualfor Environmental Loss Contingencies Time Frameof Disbursements
AccrualforEnvironmentalLossContingenciesTimeFrameofDisbursements
P10Y
CY2016Q1 cp Effective Income Tax Rate Reconciliation Discrete Items
EffectiveIncomeTaxRateReconciliationDiscreteItems
181000000
CY2015Q1 cp Effective Income Tax Rate Reconciliation Estimated Rate Excluding Discrete Items Percent
EffectiveIncomeTaxRateReconciliationEstimatedRateExcludingDiscreteItemsPercent
0.275
CY2016Q1 cp Effective Income Tax Rate Reconciliation Estimated Rate Excluding Discrete Items Percent
EffectiveIncomeTaxRateReconciliationEstimatedRateExcludingDiscreteItemsPercent
0.275
CY2015Q1 cp Equipment Rents
EquipmentRents
42000000
CY2016Q1 cp Equipment Rents
EquipmentRents
45000000
CY2015Q1 cp Foreign Exchange Gain Loss On Long Term Debt
ForeignExchangeGainLossOnLongTermDebt
-64000000
CY2016Q1 cp Foreign Exchange Gain Loss On Long Term Debt
ForeignExchangeGainLossOnLongTermDebt
181000000
CY2015Q1 cp Other Comprehensive Income Loss Equity Investments
OtherComprehensiveIncomeLossEquityInvestments
0
CY2016Q1 cp Other Comprehensive Income Loss Equity Investments
OtherComprehensiveIncomeLossEquityInvestments
0
CY2015Q1 cp Pension Funding In Excess Of Expense
PensionFundingInExcessOfExpense
10000000
CY2016Q1 cp Pension Funding In Excess Of Expense
PensionFundingInExcessOfExpense
42000000
CY2015Q1 cp Proceeds From Contributions From Payments Of Distributions To Affiliates
ProceedsFromContributionsFromPaymentsOfDistributionsToAffiliates
0
CY2016Q1 cp Proceeds From Contributions From Payments Of Distributions To Affiliates
ProceedsFromContributionsFromPaymentsOfDistributionsToAffiliates
0
CY2016Q1 cp Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Estimated Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsEstimatedForfeitureRate
0.020
CY2016Q1 cp Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividends Per Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendsPerShare
1.4
CY2015Q1 cp Shares Repurchase Program Weighted Average Price Per Share
SharesRepurchaseProgramWeightedAveragePricePerShare
225.12
CY2016Q1 cp Shares Repurchase Program Weighted Average Price Per Share
SharesRepurchaseProgramWeightedAveragePricePerShare
0.00
CY2016Q1 dei Amendment Flag
AmendmentFlag
false
CY2016Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2016Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2016Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
CY2016Q1 dei Document Period End Date
DocumentPeriodEndDate
2016-03-31
CY2016Q1 dei Document Type
DocumentType
10-Q
CY2016Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000016875
CY2016Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
153059426 shares
CY2016Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2016Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2016Q1 dei Entity Registrant Name
EntityRegistrantName
CANADIAN PACIFIC RAILWAY LTD/CN
CY2016Q1 dei Trading Symbol
TradingSymbol
CP
CY2015Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1417000000
CY2016Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1143000000
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
645000000
CY2016Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
629000000
CY2015Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
93000000
CY2016Q1 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
88000000
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1477000000
CY2016Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1481000000
CY2015Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
43000000
CY2016Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
48000000
CY2015Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6000000
CY2016Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6000000
CY2015Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
29000000
CY2016Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14000000
CY2015Q4 us-gaap Assets
Assets
19637000000
CY2016Q1 us-gaap Assets
Assets
19349000000
CY2015Q4 us-gaap Assets Current
AssetsCurrent
1537000000
CY2016Q1 us-gaap Assets Current
AssetsCurrent
1450000000
CY2015Q1 us-gaap Cargo And Freight Revenue
CargoAndFreightRevenue
1630000000
CY2016Q1 us-gaap Cargo And Freight Revenue
CargoAndFreightRevenue
1548000000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
226000000
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
184000000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
650000000
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
571000000
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-42000000
CY2016Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-79000000
CY2015Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3500
CY2016Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3500
CY2015Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
164000000 shares
CY2016Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
153000000 shares
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
2058000000
CY2016Q1 us-gaap Common Stock Value
CommonStockValue
2065000000
CY2015Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
332000000
CY2016Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
536000000
CY2015Q1 us-gaap Cost Of Services Direct Materials
CostOfServicesDirectMaterials
52000000
CY2016Q1 us-gaap Cost Of Services Direct Materials
CostOfServicesDirectMaterials
56000000
CY2015Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
102000000
CY2016Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
77000000
CY2015Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
32000000
CY2016Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
93000000
CY2015Q4 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
0
CY2016Q1 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
0
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3391000000
CY2016Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3422000000
CY2015Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
1401000000
CY2016Q1 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
1489000000
CY2015Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
146000000
CY2016Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
162000000
CY2015 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
13000000
CY2016Q1 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
65000000
CY2016Q1 us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimate Of Time To Transfer1
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimateOfTimeToTransfer1
P10Y
CY2016Q1 us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
-5000000
CY2016Q1 us-gaap Derivative Instruments Gain Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing
DerivativeInstrumentsGainRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTesting
0
CY2016Q1 us-gaap Derivative Instruments Gain Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing
DerivativeInstrumentsGainRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTesting
0 USD
CY2015Q3 us-gaap Derivative Loss On Derivative
DerivativeLossOnDerivative
47000000
CY2015Q3 us-gaap Derivative Loss On Derivative
DerivativeLossOnDerivative
36000000 USD
CY2015Q1 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
31000000
CY2015Q1 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
27000000
CY2015Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
57000000
CY2016Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
54000000
CY2015Q4 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
0
CY2016Q1 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
0
CY2015Q4 us-gaap Due From Affiliate Noncurrent
DueFromAffiliateNoncurrent
0
CY2016Q1 us-gaap Due From Affiliate Noncurrent
DueFromAffiliateNoncurrent
0
CY2015Q4 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
0
CY2016Q1 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
0
CY2015Q4 us-gaap Due To Affiliate Noncurrent
DueToAffiliateNoncurrent
0
CY2016Q1 us-gaap Due To Affiliate Noncurrent
DueToAffiliateNoncurrent
0
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.94
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.53
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.92
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.51
CY2015Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
6000000
CY2016Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-17000000
CY2015Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.295
CY2016Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.239
CY2015Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-6000000
CY2016Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
7000000
CY2015Q1 us-gaap Fuel Costs
FuelCosts
195000000
CY2016Q1 us-gaap Fuel Costs
FuelCosts
125000000
CY2015Q1 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
0
CY2016Q1 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
0
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
454000000
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
710000000
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
134000000
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
170000000
CY2015Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-3000000
CY2016Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
192000000
CY2015Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
211000000
CY2016Q1 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
196000000
CY2015Q1 us-gaap Interest Paid
InterestPaid
67000000
CY2016Q1 us-gaap Interest Paid
InterestPaid
155000000
CY2015Q1 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-85000000
CY2016Q1 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-124000000
CY2015Q4 us-gaap Investments
Investments
152000000
CY2016Q1 us-gaap Investments
Investments
148000000
CY2015Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0
CY2016Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0
CY2015Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
378000000
CY2016Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
329000000
CY2013Q4 us-gaap Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
8000000
CY2015Q4 us-gaap Liabilities
Liabilities
14841000000
CY2016Q1 us-gaap Liabilities
Liabilities
14059000000
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
19637000000
CY2016Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
19349000000
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1447000000
CY2016Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1166000000
CY2013Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
20000000
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
8927000000
CY2016Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
8430000000
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
30000000
CY2016Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
23000000
CY2015Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
9750000000
CY2016Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
9491000000
CY2015Q4 us-gaap Materials Supplies And Other
MaterialsSuppliesAndOther
188000000
CY2016Q1 us-gaap Materials Supplies And Other
MaterialsSuppliesAndOther
181000000
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-412000000
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-62000000
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-191000000
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-218000000
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
555000000
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
218000000
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
320000000
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
540000000
CY2015Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-73000000
CY2016Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
181000000
CY2015Q1 us-gaap Operating Expenses
OperatingExpenses
1053000000
CY2016Q1 us-gaap Operating Expenses
OperatingExpenses
938000000
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
612000000
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
653000000
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
54000000
CY2016Q1 us-gaap Other Assets Current
OtherAssetsCurrent
69000000
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
63000000
CY2016Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
53000000
CY2015Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
-72000000
CY2016Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
-47000000
CY2015Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
-69000000
CY2016Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
-47000000
CY2015Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-37000000
CY2016Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
37000000
CY2015Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-34000000
CY2016Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
37000000
CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
12000000
CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4000000
CY2015Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-46000000
CY2016Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
41000000
CY2015Q1 us-gaap Other Cost Of Services
OtherCostOfServices
240000000
CY2016Q1 us-gaap Other Cost Of Services
OtherCostOfServices
221000000
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
318000000
CY2016Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
291000000
CY2015Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-44000000
CY2016Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
288000000
CY2015Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3000000
CY2016Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7000000
CY2015Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-41000000
CY2016Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-66000000
CY2015Q1 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
35000000
CY2016Q1 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
43000000
CY2015Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-20000000
CY2016Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0
CY2015Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
529000000
CY2016Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0
CY2015Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
58000000
CY2016Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
54000000
CY2015Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0
CY2016Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0
CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
263000000
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
278000000
CY2015Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
758000000
CY2016Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
750000000
CY2015Q1 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0
CY2016Q1 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0
CY2016Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0
CY2015Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
16000000
CY2016Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5000000
CY2015Q1 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
810000000
CY2016Q1 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
0
CY2015Q1 us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
0
CY2016Q1 us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
0
CY2015Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0
CY2016Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2000000
CY2015Q1 us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
-593000000
CY2016Q1 us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
0
CY2016Q1 us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
0
CY2015Q1 us-gaap Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
59000000
CY2015Q1 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
52000000
CY2016Q1 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
60000000
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16273000000
CY2016Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16013000000
CY2015Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
58000000
CY2016Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
11000000
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4172000000
CY2016Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4658000000
CY2015Q1 us-gaap Revenues
Revenues
1665000000
CY2016Q1 us-gaap Revenues
Revenues
1591000000
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2658
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0121
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
400590 shares
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
38.96
CY2016Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y3M
CY2015Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
17000000
CY2016Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
6000000
CY2015Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
2174788 shares
CY2016Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
0 shares
CY2015Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
490000000
CY2016Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
0
CY2015Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
490000000
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
5610000000
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
5418000000
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
4796000000
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
5290000000
CY2015Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1400000 shares
CY2016Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
800000 shares
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
166300000 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
153800000 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
164900000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
153000000 shares

Files In Submission

Name View Source Status
0001628280-16-014486-index-headers.html Edgar Link pending
0001628280-16-014486-index.html Edgar Link pending
0001628280-16-014486.txt Edgar Link pending
0001628280-16-014486-xbrl.zip Edgar Link pending
cp-20160331.xml Edgar Link completed
cp-20160331.xsd Edgar Link pending
cp-20160331_cal.xml Edgar Link unprocessable
cp-20160331_def.xml Edgar Link unprocessable
cp-20160331_lab.xml Edgar Link unprocessable
cp-20160331_pre.xml Edgar Link unprocessable
exhibit311_q12016.htm Edgar Link pending
exhibit312_q12016.htm Edgar Link pending
exhibit321_q12016.htm Edgar Link pending
exhibit322_q12016.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
q12016quarterlyreport-10q.htm 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
R52.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