Long-term debt (Tables)

12 Months Ended

Dec. 31, 2023

Disclosure of detailed information about borrowings [abstract]


As at December 31 (millions)	Note	2023		2022
Credit facility	(b)	$	1,463	$	742
Deferred debt transaction costs		(11)		(14)
		1,452		728
Lease liabilities	(c)	298		236
Long-term debt		$	1,750	$	964
Current		122		83
Non-current		1,628		881
Long-term debt		$	1,750	$	964


	2023						2022
As at December 31 (millions)	Revolving component		Term loan component(1)		Total		Revolving component		Term loan component(1)		Total
Available	$	492	N/A		$	492	$	658	$	600	$	1,258
Outstanding
Due to TELUS Corporation	$	22	$	83	$	105	$	10	$	43	$	53
Due to Other	286		1,072		1,358		132		557		689
	$	308	$	1,155	$	1,463	$	142	$	600	$	742
Total	$	800	$	1,155	$	1,955	$	800	$	1,200	$	2,000

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(1)In the first quarter of 2023, we entered into a receive-floating interest rate, pay-fixed interest rate exchange agreement that effectively converts a portion of our interest obligations on the debt to a fixed rate of 3.52% (2022 - N/A) plus applicable margins.

Schedule of long-term debt maturities

Anticipated requirements to meet long-term debt repayments, calculated upon such long-term debts owing as at
December 31, 2023, are as follows:


Composite long-term debt denominated in	U.S dollars						European euros		Other currencies
Years ending December 31 (millions)	Long-term debt, excluding leases		Leases		Total		Leases		Leases		Total
2024	$	60	$	18	$	78	$	16	$	24	$	118
2025	60		19		79		15		22		116
2026	60		19		79		10		20		109
2027	60		16		76		5		18		99
2028	1,223		10		1,233		4		15		1,252
Thereafter	—		24		24		27		16		67
Future cash outflows in respect of composite long-term debt principal repayments	1,463		106		1,569		77		115		1,761
Future cash outflows in respect of associated interest and like carrying costs(1)	409		54		463		16		35		514
Undiscounted contractual maturities	$	1,872	$	160	$	2,032	$	93	$	150	$	2,275

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(1)Future cash outflows in respect of associated interest and carrying costs for amounts drawn under our amended credit facility (if any) have been calculated based upon the rates in effect at December 31, 2023.