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10-Q Filing

CANADIAN PACIFIC KANSAS CITY LTD/CN CIK: 16875 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0000016875-17-000029
Period End Date 20170331
Filing Date 20170420
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance cp-20170331.xml
Balance Sheet 52 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue 164.00M CAD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue 201.00M CAD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent 591.00M CAD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent 631.00M CAD Point-in-time
Materials and supplies MaterialsSuppliesAndOther 184.00M CAD Point-in-time
Materials and supplies MaterialsSuppliesAndOther 201.00M CAD Point-in-time
Other current assets OtherAssetsCurrent 70.00M CAD Point-in-time
Other current assets OtherAssetsCurrent 77.00M CAD Point-in-time
Total current assets AssetsCurrent 1.11B CAD Point-in-time
Total current assets AssetsCurrent 1.01B CAD Point-in-time
Investments Investments 194.00M CAD Point-in-time
Investments Investments 183.00M CAD Point-in-time
Properties PropertyPlantAndEquipmentNet 16.69B CAD Point-in-time
Properties PropertyPlantAndEquipmentNet 16.66B CAD Point-in-time
Goodwill and intangible assets IntangibleAssetsNetIncludingGoodwill 200.00M CAD Point-in-time
Goodwill and intangible assets IntangibleAssetsNetIncludingGoodwill 202.00M CAD Point-in-time
Pension asset DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent 1.07B CAD Point-in-time
Pension asset DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent 1.17B CAD Point-in-time
Other assets OtherAssetsNoncurrent 78.00M CAD Point-in-time
Other assets OtherAssetsNoncurrent 57.00M CAD Point-in-time
Total assets Assets 19.40B CAD Point-in-time
Total assets Assets 19.22B CAD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent 1.15B CAD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent 1.32B CAD Point-in-time
Long-term debt maturing within one year LongTermDebtAndCapitalLeaseObligationsCurrent 31.00M CAD Point-in-time
Long-term debt maturing within one year LongTermDebtAndCapitalLeaseObligationsCurrent 25.00M CAD Point-in-time
Total current liabilities LiabilitiesCurrent 1.35B CAD Point-in-time
Total current liabilities LiabilitiesCurrent 1.18B CAD Point-in-time
Pension and other benefit liabilities PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 734.00M CAD Point-in-time
Pension and other benefit liabilities PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 730.00M CAD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent 284.00M CAD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent 227.00M CAD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations 8.66B CAD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations 8.58B CAD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent 3.64B CAD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent 3.57B CAD Point-in-time
Total liabilities Liabilities 14.36B CAD Point-in-time
Total liabilities Liabilities 14.60B CAD Point-in-time
Share capital CommonStockValue 2.00B CAD Point-in-time
Share capital CommonStockValue 2.04B CAD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock 52.00M CAD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock 42.00M CAD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax -1.80B CAD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax -1.77B CAD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit 4.73B CAD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit 4.37B CAD Point-in-time
Total Shareholders' equity StockholdersEquity 4.63B CAD Point-in-time
Total Shareholders' equity StockholdersEquity 4.80B CAD Point-in-time
Total Shareholders' equity StockholdersEquity 5.29B CAD Point-in-time
Total Shareholders' equity StockholdersEquity 5.04B CAD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity 19.40B CAD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity 19.22B CAD Point-in-time
Income Statement 42 line items
Line Item Tag Value Unit Period
Freight CargoAndFreightRevenue 1.56B CAD 1 Quarter
Freight CargoAndFreightRevenue 1.55B CAD 1 Quarter
Non-freight OtherSalesRevenueNet 43.00M CAD 1 Quarter
Non-freight OtherSalesRevenueNet 40.00M CAD 1 Quarter
Total revenues Revenues 1.60B CAD 1 Quarter
Total revenues Revenues 1.59B CAD 1 Quarter
Compensation and benefits LaborAndRelatedExpense 233.00M CAD 1 Quarter
Compensation and benefits LaborAndRelatedExpense 329.00M CAD 1 Quarter
Fuel FuelCosts 170.00M CAD 1 Quarter
Fuel FuelCosts 125.00M CAD 1 Quarter
Materials CostOfServicesDirectMaterials 56.00M CAD 1 Quarter
Materials CostOfServicesDirectMaterials 49.00M CAD 1 Quarter
Equipment rents EquipmentRents 36.00M CAD 1 Quarter
Equipment rents EquipmentRents 45.00M CAD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization 162.00M CAD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization 166.00M CAD 1 Quarter
Purchased services and other OtherCostOfServices 278.00M CAD 1 Quarter
Purchased services and other OtherCostOfServices 221.00M CAD 1 Quarter
Total operating expenses OperatingExpenses 932.00M CAD 1 Quarter
Total operating expenses OperatingExpenses 938.00M CAD 1 Quarter
Operating income OperatingIncomeLoss 653.00M CAD 1 Quarter
Operating income OperatingIncomeLoss 671.00M CAD 1 Quarter
Other income and charges NonoperatingIncomeExpense 181.00M CAD 1 Quarter
Other income and charges NonoperatingIncomeExpense 28.00M CAD 1 Quarter
Net interest expense InterestRevenueExpenseNet -120.00M CAD 1 Quarter
Net interest expense InterestRevenueExpenseNet -124.00M CAD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 579.00M CAD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 710.00M CAD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit 148.00M CAD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit 170.00M CAD 1 Quarter
Net income NetIncomeLoss 540.00M CAD 1 Quarter
Net income NetIncomeLoss 431.00M CAD 1 Quarter
Basic earnings per share (in CAD per share) EarningsPerShareBasic 2.94 CAD 1 Quarter
Basic earnings per share (in CAD per share) EarningsPerShareBasic 3.53 CAD 1 Quarter
Diluted earnings per share (in CAD per share) EarningsPerShareDiluted 3.51 CAD 1 Quarter
Diluted earnings per share (in CAD per share) EarningsPerShareDiluted 2.93 CAD 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 153.00M shares 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 146.50M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 153.80M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 147.10M shares 1 Quarter
Dividends declared per share (in CAD per share) CommonStockDividendsPerShareDeclared 0.35 CAD 1 Quarter
Dividends declared per share (in CAD per share) CommonStockDividendsPerShareDeclared 0.50 CAD 1 Quarter
Cash Flow Statement 50 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss 540.00M CAD 1 Quarter
Net income NetIncomeLoss 431.00M CAD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization 162.00M CAD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization 166.00M CAD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit 93.00M CAD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit 67.00M CAD 1 Quarter
Pension funding in excess of expense PensionFundingInExcessOfExpense 60.00M CAD 1 Quarter
Pension funding in excess of expense PensionFundingInExcessOfExpense 42.00M CAD 1 Quarter
Foreign exchange (gain) loss on long-term debt ForeignExchangeGainLossOnLongTermDebt 28.00M CAD 1 Quarter
Foreign exchange (gain) loss on long-term debt ForeignExchangeGainLossOnLongTermDebt 181.00M CAD 1 Quarter
Other operating activities, net OtherOperatingActivitiesCashFlowStatement -66.00M CAD 1 Quarter
Other operating activities, net OtherOperatingActivitiesCashFlowStatement -85.00M CAD 1 Quarter
Change in non-cash working capital balances related to operations OtherNoncashIncomeExpense 180.00M CAD 1 Quarter
Change in non-cash working capital balances related to operations OtherNoncashIncomeExpense 288.00M CAD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities 218.00M CAD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities 311.00M CAD 1 Quarter
Additions to properties PaymentsToAcquirePropertyPlantAndEquipment 278.00M CAD 1 Quarter
Additions to properties PaymentsToAcquirePropertyPlantAndEquipment 230.00M CAD 1 Quarter
Proceeds from sale of properties and other assets ProceedsFromSaleOfOtherProductiveAssets 3.00M CAD 1 Quarter
Proceeds from sale of properties and other assets ProceedsFromSaleOfOtherProductiveAssets 60.00M CAD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities -5.00M CAD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities 0.00 CAD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivities -218.00M CAD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivities -222.00M CAD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock 73.00M CAD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock 54.00M CAD 1 Quarter
Issuance of CP Common Shares ProceedsFromIssuanceOfCommonStock 28.00M CAD 1 Quarter
Issuance of CP Common Shares ProceedsFromIssuanceOfCommonStock 5.00M CAD 1 Quarter
Repayment of long-term debt RepaymentsOfLongTermDebtAndCapitalSecurities 5.00M CAD 1 Quarter
Repayment of long-term debt RepaymentsOfLongTermDebtAndCapitalSecurities 11.00M CAD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities 0.00 CAD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities -2.00M CAD 1 Quarter
Cash used in financing activities NetCashProvidedByUsedInFinancingActivities -50.00M CAD 1 Quarter
Cash used in financing activities NetCashProvidedByUsedInFinancingActivities -62.00M CAD 1 Quarter
Effect of foreign currency fluctuations on U.S. dollar-denominated cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents -17.00M CAD 1 Quarter
Effect of foreign currency fluctuations on U.S. dollar-denominated cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents -2.00M CAD 1 Quarter
(Decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect -79.00M CAD 1 Quarter
(Decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect 37.00M CAD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents 571.00M CAD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents 650.00M CAD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents 164.00M CAD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents 201.00M CAD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents 571.00M CAD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents 650.00M CAD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents 164.00M CAD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents 201.00M CAD Point-in-time
Income taxes paid IncomeTaxesPaidNet 192.00M CAD 1 Quarter
Income taxes paid IncomeTaxesPaidNet 170.00M CAD 1 Quarter
Interest paid InterestPaid 150.00M CAD 1 Quarter
Interest paid InterestPaid 155.00M CAD 1 Quarter
Stockholders Equity 22 line items
Line Item Tag Value Unit Period
Beginning balance (shares) CommonStockSharesOutstanding 146.70M shares Point-in-time
Beginning balance (shares) CommonStockSharesOutstanding 153.00M shares Point-in-time
Beginning balance StockholdersEquity 4.63B CAD Point-in-time
Beginning balance StockholdersEquity 4.80B CAD Point-in-time
Beginning balance StockholdersEquity 5.29B CAD Point-in-time
Beginning balance StockholdersEquity 5.04B CAD Point-in-time
Net income NetIncomeLoss 540.00M CAD 1 Quarter
Net income NetIncomeLoss 431.00M CAD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent 30.00M CAD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent -4.00M CAD 1 Quarter
Dividends declared DividendsCommonStockCash 73.00M CAD 1 Quarter
Dividends declared DividendsCommonStockCash 54.00M CAD 1 Quarter
Effect of stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue 6.00M CAD 1 Quarter
Effect of stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue -3.00M CAD 1 Quarter
Shares issued under stock option plan StockIssuedDuringPeriodValueShareBasedCompensation 6.00M CAD 1 Quarter
Shares issued under stock option plan StockIssuedDuringPeriodValueShareBasedCompensation 27.00M CAD 1 Quarter
Ending balance (shares) CommonStockSharesOutstanding 146.70M shares Point-in-time
Ending balance (shares) CommonStockSharesOutstanding 153.00M shares Point-in-time
Ending balance StockholdersEquity 4.63B CAD Point-in-time
Ending balance StockholdersEquity 4.80B CAD Point-in-time
Ending balance StockholdersEquity 5.29B CAD Point-in-time
Ending balance StockholdersEquity 5.04B CAD Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss 540.00M CAD 1 Quarter
Net income NetIncomeLoss 431.00M CAD 1 Quarter
Net gain in foreign currency translation adjustments, net of hedging activities OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent 37.00M CAD 1 Quarter
Net gain in foreign currency translation adjustments, net of hedging activities OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent 5.00M CAD 1 Quarter
Change in derivatives designated as cash flow hedges OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent -47.00M CAD 1 Quarter
Change in derivatives designated as cash flow hedges OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent 5.00M CAD 1 Quarter
Change in pension and post-retirement defined benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent -38.00M CAD 1 Quarter
Change in pension and post-retirement defined benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent -47.00M CAD 1 Quarter
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent 48.00M CAD 1 Quarter
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent 37.00M CAD 1 Quarter
Income tax (expense) recovery on above items OtherComprehensiveIncomeLossTaxPortionAttributableToParent1 18.00M CAD 1 Quarter
Income tax (expense) recovery on above items OtherComprehensiveIncomeLossTaxPortionAttributableToParent1 41.00M CAD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent 30.00M CAD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent -4.00M CAD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax 536.00M CAD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax 461.00M CAD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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