CANADIAN PACIFIC KANSAS CITY LTD/CN, 10-K/A filed on 4/29/2024
Amended Annual Report
v3.24.1.u1
Cover Page - USD ($)
12 Months Ended
Dec. 31, 2023
Feb. 06, 2024
Jun. 30, 2023
Entity Information [Line Items]      
Document Type 10-K/A    
Document Annual Report true    
Document Period End Date Dec. 31, 2023    
Current Fiscal Year End Date --12-31    
Document Transition Report false    
Entity File Number 001-01342    
Entity Registrant Name CANADIAN PACIFIC KANSAS CITY LTD/CN    
Entity Incorporation, State or Country Code Z4    
Entity Tax Identification Number 98-0355078    
Entity Address, Address Line One 7550 Ogden Dale Road S.E.    
Entity Address, City or Town Calgary    
Entity Address, State or Province AB    
Entity Address, Postal Zip Code T2C 4X9    
City Area Code (403)    
Local Phone Number 319-7000    
Entity Well-known Seasoned Issuer Yes    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Entity Filer Category Large Accelerated Filer    
Entity Small Business false    
Entity Emerging Growth Company false    
ICFR Auditor Attestation Flag true    
Entity Shell Company false    
Entity Public Float     $ 75,204,483,138
Entity Common Stock, Shares Outstanding   932,428,454  
Amendment Flag true    
Document Fiscal Year Focus 2023    
Document Fiscal Period Focus FY    
Entity Central Index Key 0000016875    
Entity Address, Country CA    
Amendment Description On April 14, 2023, Canadian Pacific Railway Limited (“CPRL” or “CP”) assumed control of Kansas City Southern (“KCS”) (through an indirect wholly-owned subsidiary), and filed articles of amendment to change CPRL’s name to Canadian Pacific Kansas City Limited (“CPKC” or “Company”). CPKC owns and operates the only freight railway spanning Canada, the United States (“U.S.”), and Mexico. CPKC provides rail and intermodal transportation services over a network of approximately 20,000 miles, serving principal business centres across Canada, the U.S., and Mexico. CPKC transports bulk commodities, merchandise freight, and intermodal traffic. CPKC, a corporation incorporated under the Canada Business Corporations Act (the “Company”), qualifies as a foreign private issuer in the U.S. for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Although as a foreign private issuer the Company is not required to do so, the Company currently continues to file annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K with the Securities and Exchange Commission (“SEC”) instead of filing reports on forms available to foreign private issuers. The Company prepares and files a management proxy circular and related material under Canadian requirements. As the Company’s management proxy circular is not filed pursuant to Regulation 14A, the Company may not incorporate by reference information required by Part III of its Form 10-K from its management proxy circular. The Company filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (“2023 Form 10-K”) on February 27, 2024. In reliance upon and as permitted by Instruction G(3) to Form 10-K, the Company is filing this Amendment No. 1 on Form 10-K/A in order to include in the 2023 Form 10-K the Part III information not previously included in the 2023 Form 10-K. Unless indicated otherwise or the context otherwise requires, in this this Amendment No. 1 on Form 10-K/A, references to Canadian Pacific Kansas City Limited, CPKC, the Company, or the Corporation, “we”, “us” or “our” with respect to or including a time period prior to April 14, 2023 (being the Control Date) refer to or include the Company as it existed prior to (i) completion of the acquisition of control of KCS and (ii) its name change from “Canadian Pacific Railway Limited” to “Canadian Pacific Kansas City Limited”. Any references herein to “on a standalone basis” or other references to “standalone” refer to the Company either prior to the acquisition of control of KCS, or otherwise excluding KCS. No attempt has been made in this Amendment No. 1 on Form 10-K/A to modify or update the other disclosures presented in the 2023 Form 10-K. Unless otherwise specified, this Amendment No. 1 on Form 10-K/A does not reflect events occurring after the filing of the 2023 Form 10-K. Accordingly, this Amendment No. 1 on Form 10-K/A should be read in conjunction with the 2023 Form 10-K and the Company’s other filings with the SEC. References to GAAP mean generally accepted accounting principles in the United States. All references to our websites contained herein do not constitute incorporation by reference of information contained on such websites and such information should not be considered part of this document.      
Document Financial Statement Error Correction [Flag] false    
Common Shares, without par value, of Canadian Pacific Kansas City Limited      
Entity Information [Line Items]      
Title of 12(b) Security Common Shares, without par value, of Canadian Pacific Kansas City Limited    
Trading Symbol CP    
Security Exchange Name NYSE    
Perpetual 4% Consolidated Debenture Stock of Canadian Pacific Railway Company      
Entity Information [Line Items]      
Title of 12(b) Security Perpetual 4% Consolidated Debenture Stock of Canadian Pacific Railway Company    
Trading Symbol CP/40    
Security Exchange Name NYSE    
v3.24.1.u1
Audit Information
12 Months Ended
Dec. 31, 2023
Audit Information [Abstract]  
Auditor Name Ernst & Young LLP
Auditor Location Calgary, Canada
Auditor Firm ID 1263