Intangible assets, goodwill and other (Tables)

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of intangible assets, goodwill and other assets by major class


In millions	As at December 31,	2025		2024
Deferred costs		$	137	$	118
Intangible assets		120		128
Investments (1)		111		428
Goodwill		100		71
Long-term receivables		6		16
Other long-term assets		49		12
Total intangible assets, goodwill and other		$	523	$	773

(1)As at December 31, 2025, the Company had $73 million (2024 - $389 million) of investments accounted for under the equity method, see Note 3 – Business acquisitions and combinations; and $38 million (2024 - $39 million) of investments for which fair value was not readily determinable accounted for at cost minus impairment, plus or minus observable price changes.