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10-Q Filing

CANADIAN PACIFIC KANSAS CITY LTD/CN CIK: 16875 Q1 2016
Filing Information
Form Type 10-Q
Accession Number 0001628280-16-014486
Period End Date 20160331
Filing Date 20160420
Fiscal Year 2016
Fiscal Period Q1
XBRL Instance cp-20160331.xml
Balance Sheet 54 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue 184.00M CAD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue 226.00M CAD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue 650.00M CAD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue 571.00M CAD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent 629.00M CAD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent 645.00M CAD Point-in-time
Materials and supplies MaterialsSuppliesAndOther 188.00M CAD Point-in-time
Materials and supplies MaterialsSuppliesAndOther 181.00M CAD Point-in-time
Other current assets OtherAssetsCurrent 54.00M CAD Point-in-time
Other current assets OtherAssetsCurrent 69.00M CAD Point-in-time
Total current assets AssetsCurrent 1.54B CAD Point-in-time
Total current assets AssetsCurrent 1.45B CAD Point-in-time
Investments Investments 152.00M CAD Point-in-time
Investments Investments 148.00M CAD Point-in-time
Properties PropertyPlantAndEquipmentNet 16.01B CAD Point-in-time
Properties PropertyPlantAndEquipmentNet 16.27B CAD Point-in-time
Goodwill and intangible assets IntangibleAssetsNetIncludingGoodwill 196.00M CAD Point-in-time
Goodwill and intangible assets IntangibleAssetsNetIncludingGoodwill 211.00M CAD Point-in-time
Pension asset DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent 1.40B CAD Point-in-time
Pension asset DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent 1.49B CAD Point-in-time
Other assets OtherAssetsNoncurrent 63.00M CAD Point-in-time
Other assets OtherAssetsNoncurrent 53.00M CAD Point-in-time
Total assets Assets 19.35B CAD Point-in-time
Total assets Assets 19.64B CAD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent 1.42B CAD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent 1.14B CAD Point-in-time
Long-term debt maturing within one year LongTermDebtAndCapitalLeaseObligationsCurrent 30.00M CAD Point-in-time
Long-term debt maturing within one year LongTermDebtAndCapitalLeaseObligationsCurrent 23.00M CAD Point-in-time
Total current liabilities LiabilitiesCurrent 1.17B CAD Point-in-time
Total current liabilities LiabilitiesCurrent 1.45B CAD Point-in-time
Pension and other benefit liabilities PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 758.00M CAD Point-in-time
Pension and other benefit liabilities PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 750.00M CAD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent 291.00M CAD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent 318.00M CAD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations 8.93B CAD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations 8.43B CAD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent 3.42B CAD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent 3.39B CAD Point-in-time
Total liabilities Liabilities 14.84B CAD Point-in-time
Total liabilities Liabilities 14.06B CAD Point-in-time
Share capital CommonStockValue 2.06B CAD Point-in-time
Share capital CommonStockValue 2.06B CAD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock 48.00M CAD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock 43.00M CAD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax -1.48B CAD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax -1.48B CAD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit 4.17B CAD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit 4.66B CAD Point-in-time
Total Shareholders' equity StockholdersEquity 5.61B CAD Point-in-time
Total Shareholders' equity StockholdersEquity 5.29B CAD Point-in-time
Total Shareholders' equity StockholdersEquity 5.42B CAD Point-in-time
Total Shareholders' equity StockholdersEquity 4.80B CAD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity 19.35B CAD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity 19.64B CAD Point-in-time
Income Statement 42 line items
Line Item Tag Value Unit Period
Freight CargoAndFreightRevenue 1.55B CAD 1 Quarter
Freight CargoAndFreightRevenue 1.63B CAD 1 Quarter
Non-freight OtherSalesRevenueNet 43.00M CAD 1 Quarter
Non-freight OtherSalesRevenueNet 35.00M CAD 1 Quarter
Total revenues Revenues 1.67B CAD 1 Quarter
Total revenues Revenues 1.59B CAD 1 Quarter
Compensation and benefits LaborAndRelatedExpense 378.00M CAD 1 Quarter
Compensation and benefits LaborAndRelatedExpense 329.00M CAD 1 Quarter
Fuel FuelCosts 195.00M CAD 1 Quarter
Fuel FuelCosts 125.00M CAD 1 Quarter
Materials CostOfServicesDirectMaterials 56.00M CAD 1 Quarter
Materials CostOfServicesDirectMaterials 52.00M CAD 1 Quarter
Equipment rents EquipmentRents 42.00M CAD 1 Quarter
Equipment rents EquipmentRents 45.00M CAD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization 162.00M CAD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization 146.00M CAD 1 Quarter
Purchased services and other OtherCostOfServices 221.00M CAD 1 Quarter
Purchased services and other OtherCostOfServices 240.00M CAD 1 Quarter
Total operating expenses OperatingExpenses 938.00M CAD 1 Quarter
Total operating expenses OperatingExpenses 1.05B CAD 1 Quarter
Operating income OperatingIncomeLoss 653.00M CAD 1 Quarter
Operating income OperatingIncomeLoss 612.00M CAD 1 Quarter
Other income and charges NonoperatingIncomeExpense 181.00M CAD 1 Quarter
Other income and charges NonoperatingIncomeExpense -73.00M CAD 1 Quarter
Net interest expense InterestRevenueExpenseNet -85.00M CAD 1 Quarter
Net interest expense InterestRevenueExpenseNet -124.00M CAD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 710.00M CAD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 454.00M CAD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit 134.00M CAD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit 170.00M CAD 1 Quarter
Net income NetIncomeLoss 320.00M CAD 1 Quarter
Net income NetIncomeLoss 540.00M CAD 1 Quarter
Basic earnings per share (in CAD per share) EarningsPerShareBasic 3.53 CAD 1 Quarter
Basic earnings per share (in CAD per share) EarningsPerShareBasic 1.94 CAD 1 Quarter
Diluted earnings per share (in CAD per share) EarningsPerShareDiluted 1.92 CAD 1 Quarter
Diluted earnings per share (in CAD per share) EarningsPerShareDiluted 3.51 CAD 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 153.00M shares 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 164.90M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 166.30M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 153.80M 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 0.35 CAD 1 Quarter
Cash Flow Statement 56 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss 320.00M CAD 1 Quarter
Net income NetIncomeLoss 540.00M CAD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization 162.00M CAD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization 146.00M CAD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit 32.00M CAD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit 93.00M CAD 1 Quarter
Pension funding in excess of expense PensionFundingInExcessOfExpense 42.00M CAD 1 Quarter
Pension funding in excess of expense PensionFundingInExcessOfExpense 10.00M CAD 1 Quarter
Foreign exchange (gain) loss on long-term debt ForeignExchangeGainLossOnLongTermDebt 181.00M CAD 1 Quarter
Foreign exchange (gain) loss on long-term debt ForeignExchangeGainLossOnLongTermDebt -64.00M CAD 1 Quarter
Other operating activities, net OtherOperatingActivitiesCashFlowStatement -41.00M CAD 1 Quarter
Other operating activities, net OtherOperatingActivitiesCashFlowStatement -66.00M CAD 1 Quarter
Change in non-cash working capital balances related to operations OtherNoncashIncomeExpense -44.00M 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 555.00M CAD 1 Quarter
Additions to properties PaymentsToAcquirePropertyPlantAndEquipment 263.00M CAD 1 Quarter
Additions to properties PaymentsToAcquirePropertyPlantAndEquipment 278.00M CAD 1 Quarter
Proceeds from sale of properties and other assets ProceedsFromSaleOfOtherProductiveAssets 52.00M CAD 1 Quarter
Proceeds from sale of properties and other assets ProceedsFromSaleOfOtherProductiveAssets 60.00M CAD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities 0.00 CAD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities -20.00M CAD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivities -191.00M CAD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivities -218.00M CAD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock 54.00M CAD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock 58.00M CAD 1 Quarter
Issuance of CP Common Shares ProceedsFromIssuanceOfCommonStock 16.00M CAD 1 Quarter
Issuance of CP Common Shares ProceedsFromIssuanceOfCommonStock 5.00M CAD 1 Quarter
Purchase of CP Common Shares PaymentsForRepurchaseOfCommonStock 529.00M CAD 1 Quarter
Purchase of CP Common Shares PaymentsForRepurchaseOfCommonStock 0.00 CAD 1 Quarter
Issuance of long-term debt, excluding commercial paper ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet 810.00M CAD 1 Quarter
Issuance of long-term debt, excluding commercial paper ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet 0.00 CAD 1 Quarter
Repayment of long-term debt, excluding commercial paper RepaymentsOfLongTermDebtAndCapitalSecurities 11.00M CAD 1 Quarter
Repayment of long-term debt, excluding commercial paper RepaymentsOfLongTermDebtAndCapitalSecurities 58.00M CAD 1 Quarter
Net repayment of commercial paper ProceedsFromRepaymentsOfCommercialPaper 0.00 CAD 1 Quarter
Net repayment of commercial paper ProceedsFromRepaymentsOfCommercialPaper -593.00M CAD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities 0.00 CAD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities -2.00M CAD 1 Quarter
Cash used in financing activities NetCashProvidedByUsedInFinancingActivities -412.00M 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 6.00M CAD 1 Quarter
Decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease -42.00M CAD 1 Quarter
Decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease -79.00M CAD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue 184.00M CAD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue 226.00M CAD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue 650.00M CAD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue 571.00M CAD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue 184.00M CAD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue 226.00M CAD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue 650.00M CAD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue 571.00M CAD Point-in-time
Income taxes paid (refunded) IncomeTaxesPaidNet 192.00M CAD 1 Quarter
Income taxes paid (refunded) IncomeTaxesPaidNet -3.00M CAD 1 Quarter
Interest paid InterestPaid 155.00M CAD 1 Quarter
Interest paid InterestPaid 67.00M CAD 1 Quarter
Stockholders Equity 23 line items
Line Item Tag Value Unit Period
Beginning balance (shares) CommonStockSharesOutstanding 164.00M shares Point-in-time
Beginning balance (shares) CommonStockSharesOutstanding 153.00M shares Point-in-time
Beginning balance StockholdersEquity 5.61B CAD Point-in-time
Beginning balance StockholdersEquity 5.29B CAD Point-in-time
Beginning balance StockholdersEquity 5.42B CAD Point-in-time
Beginning balance StockholdersEquity 4.80B CAD Point-in-time
Net income NetIncomeLoss 320.00M CAD 1 Quarter
Net income NetIncomeLoss 540.00M CAD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent 12.00M CAD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent -4.00M CAD 1 Quarter
Dividends declared DividendsCommonStockCash 57.00M 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 6.00M CAD 1 Quarter
CP Common Shares repurchased StockRepurchasedDuringPeriodValue 490.00M CAD 1 Quarter
Shares issued under stock option plan StockIssuedDuringPeriodValueShareBasedCompensation 17.00M CAD 1 Quarter
Shares issued under stock option plan StockIssuedDuringPeriodValueShareBasedCompensation 6.00M CAD 1 Quarter
Ending balance (shares) CommonStockSharesOutstanding 164.00M shares Point-in-time
Ending balance (shares) CommonStockSharesOutstanding 153.00M shares Point-in-time
Ending balance StockholdersEquity 5.61B CAD Point-in-time
Ending balance StockholdersEquity 5.29B CAD Point-in-time
Ending balance StockholdersEquity 5.42B CAD Point-in-time
Ending balance StockholdersEquity 4.80B CAD Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss 320.00M CAD 1 Quarter
Net income NetIncomeLoss 540.00M CAD 1 Quarter
Net gain (loss) in foreign currency translation adjustments, net of hedging activities OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent 37.00M CAD 1 Quarter
Net gain (loss) in foreign currency translation adjustments, net of hedging activities OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent -37.00M CAD 1 Quarter
Change in derivatives designated as cash flow hedges OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent -69.00M CAD 1 Quarter
Change in derivatives designated as cash flow hedges OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent -47.00M CAD 1 Quarter
Change in pension and post-retirement defined benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent -72.00M CAD 1 Quarter
Change in pension and post-retirement defined benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent -47.00M CAD 1 Quarter
Other comprehensive income (loss) before income taxes OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent 37.00M CAD 1 Quarter
Other comprehensive income (loss) before income taxes OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent -34.00M CAD 1 Quarter
Income tax (expense) recovery on above items OtherComprehensiveIncomeLossTaxPortionAttributableToParent1 -46.00M CAD 1 Quarter
Income tax (expense) recovery on above items OtherComprehensiveIncomeLossTaxPortionAttributableToParent1 41.00M CAD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent 12.00M CAD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent -4.00M CAD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax 332.00M CAD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax 536.00M CAD 1 Quarter

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

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