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Canadian Pacific Kansas City Ltd./CN – ‘10-K’ for 12/31/23 – ‘EX-31.1’

On:  Tuesday, 2/27/24, at 11:57am ET   ·   For:  12/31/23   ·   Accession #:  16875-24-9   ·   File #:  1-01342

Previous ‘10-K’:  ‘10-K/A’ on 3/23/23 for 12/31/22   ·   Next & Latest:  ‘10-K/A’ on 4/29/24 for 12/31/23   ·   26 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 2/27/24  Canadian Pacific Kansas C… Ltd/CN 10-K       12/31/23  153:23M

Annual Report   —   Form 10-K   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   3.49M 
 2: EX-10.49    Material Contract                                   HTML    853K 
 3: EX-10.50    Material Contract                                   HTML    305K 
 4: EX-21.1     Subsidiaries List                                   HTML     41K 
 5: EX-22.1     Published Report re: Matters Submitted to a Vote    HTML     41K 
                of Security Holders                                              
 6: EX-23.1     Consent of Expert or Counsel                        HTML     38K 
 7: EX-23.2     Consent of Expert or Counsel                        HTML     37K 
 8: EX-23.3     Consent of Expert or Counsel                        HTML     38K 
13: EX-97.1     Clawback Policy re: Recovery of Erroneously         HTML     53K 
                Awarded Compensation                                             
14: EX-99.1     Miscellaneous Exhibit                               HTML    977K 
 9: EX-31.1     Certification -- §302 - SOA'02                      HTML     43K 
10: EX-31.2     Certification -- §302 - SOA'02                      HTML     43K 
11: EX-32.1     Certification -- §906 - SOA'02                      HTML     41K 
12: EX-32.2     Certification -- §906 - SOA'02                      HTML     41K 
20: R1          Cover                                               HTML    114K 
21: R2          Audit Information                                   HTML     44K 
22: R3          Consolidated Statements of Income                   HTML    150K 
23: R4          Consolidated Statements of Comprehensive Income     HTML     86K 
24: R5          Consolidated Balance Sheets                         HTML    158K 
25: R6          Consolidated Balance Sheets (Parenthetical)         HTML     49K 
26: R7          Consolidated Statements of Cash Flows               HTML    149K 
27: R8          Consolidated Statements of Cash Flows               HTML     44K 
                (Parenthetical)                                                  
28: R9          Consolidated Statements of Changes in Equity        HTML     96K 
29: R10         Consolidated Statements of Changes in Equity        HTML     40K 
                (Parenthetical)                                                  
30: R11         Description of the business                         HTML     43K 
31: R12         Summary of significant accounting policies          HTML    109K 
32: R13         Accounting changes                                  HTML     52K 
33: R14         Revenues                                            HTML     76K 
34: R15         Other expense                                       HTML     52K 
35: R16         Income taxes                                        HTML    149K 
36: R17         Earnings per share                                  HTML     54K 
37: R18         Other comprehensive (loss) income and accumulated   HTML    113K 
                other comprehensive (loss) income                                
38: R19         Accounts receivable, net                            HTML     55K 
39: R20         Property sale                                       HTML     41K 
40: R21         Business acquisition                                HTML    106K 
41: R22         Investment in Kansas City Southern                  HTML     68K 
42: R23         Properties                                          HTML    104K 
43: R24         Goodwill                                            HTML     49K 
44: R25         Intangible assets                                   HTML     61K 
45: R26         Accounts payable and accrued liabilities            HTML     56K 
46: R27         Debt                                                HTML    158K 
47: R28         Financial instruments                               HTML     64K 
48: R29         Other long-term liabilities                         HTML     56K 
49: R30         Leases                                              HTML    155K 
50: R31         Shareholders' equity                                HTML     55K 
51: R32         Change in non-cash working capital balances         HTML     51K 
                related to operations                                            
52: R33         Pensions and other benefits                         HTML    333K 
53: R34         Stock-based compensation                            HTML    147K 
54: R35         Variable interest entities                          HTML     42K 
55: R36         Commitments and contingencies                       HTML     59K 
56: R37         Guarantees                                          HTML     47K 
57: R38         Segmented and geographic information                HTML     59K 
58: R39         Subsequent events                                   HTML     43K 
59: R40         Schedule II - Valuation and Qualifying Accounts     HTML     68K 
60: R41         Summary of significant accounting policies          HTML    175K 
                (Policies)                                                       
61: R42         Revenues (Tables)                                   HTML     75K 
62: R43         Other expense (Tables)                              HTML     52K 
63: R44         Income taxes (Tables)                               HTML    142K 
64: R45         Earnings per share (Tables)                         HTML     53K 
65: R46         Other comprehensive (Loss) Income and Accumulated   HTML    115K 
                Other Comprehensive (Loss) Income (Tables)                       
66: R47         Accounts receivable, net (Tables)                   HTML     55K 
67: R48         Business acquisition (Tables)                       HTML     79K 
68: R49         Investment in Kansas City Southern (Tables)         HTML     63K 
69: R50         Properties (Tables)                                 HTML    102K 
70: R51         Goodwill (Tables)                                   HTML     50K 
71: R52         Intangible assets (Tables)                          HTML     83K 
72: R53         Accounts payable and accrued liabilities (Tables)   HTML     57K 
73: R54         Debt (Tables)                                       HTML    139K 
74: R55         Other long-term liabilities (Tables)                HTML     51K 
75: R56         Leases (Tables)                                     HTML    103K 
76: R57         Shareholders' equity (Tables)                       HTML     48K 
77: R58         Change in non-cash working capital balances         HTML     50K 
                related to operations (Tables)                                   
78: R59         Pensions and other benefits (Tables)                HTML    335K 
79: R60         Stock-based compensation (Tables)                   HTML    151K 
80: R61         Segmented and geographic information (Tables)       HTML     55K 
81: R62         Description of the business (Details)               HTML     43K 
82: R63         Summary of significant accounting policies          HTML     58K 
                (Details)                                                        
83: R64         Revenues - Disaggregation of Revenue (Details)      HTML     80K 
84: R65         Revenues - Contract Liabilities (Details)           HTML     47K 
85: R66         Other expense (Details)                             HTML     54K 
86: R67         Income taxes - Summary of Major Components of       HTML     84K 
                Company's Income Tax Expense (Details)                           
87: R68         Income taxes - Deferred Income Tax Assets and       HTML     78K 
                Liabilities (Details)                                            
88: R69         Income taxes - Expected Income Tax Expense at       HTML     73K 
                Canadian Statutory Rates Reconciled to Income Tax                
                Expense (Details)                                                
89: R70         Income taxes - Narrative (Details)                  HTML    100K 
90: R71         Income taxes - Reconciliation of Uncertain Tax      HTML     52K 
                Positions Related to Unrecognized Tax Benefits                   
                (Details)                                                        
91: R72         Earnings per share - Number of Shares Used in the   HTML     70K 
                Earnings Per Share Calculations (Details)                        
92: R73         Earnings per share - Narrative (Details)            HTML     43K 
93: R74         Other comprehensive (Loss) Income and Accumulated   HTML     86K 
                Other Comprehensive (loss) income - Components of                
                Other Comprehensive Income (Loss) and Related Tax                
                Effects (Details)                                                
94: R75         Other comprehensive (Loss) Income and Accumulated   HTML     72K 
                Other Comprehensive (loss) income - Changes in                   
                Accumulated Other Comprehensive Loss by Component                
                (Details)                                                        
95: R76         Accounts receivable, net (Details)                  HTML     52K 
96: R77         Property sale (Details)                             HTML     50K 
97: R78         Business acquisition - Narrative (Details)          HTML    214K 
98: R79         Business acquisition - Schedule of Allocation of    HTML    115K 
                Net Assets and Consideration Paid (Details)                      
99: R80         Business acquisition - Pro Forma Information        HTML     52K 
                (Details)                                                        
100: R81         Investment in Kansas City Southern - Narrative      HTML     59K  
                (Details)                                                        
101: R82         Investment in Kansas City Southern - Summarized     HTML     82K  
                Financial Information, Statement of Income                       
                (Details)                                                        
102: R83         Investment in Kansas City Southern - Summarized     HTML     76K  
                Financial Information, Balance Sheet (Details)                   
103: R84         Properties - Net Properties (Details)               HTML     85K  
104: R85         Properties - Narrative (Details)                    HTML     48K  
105: R86         Properties - Capital Leases Included in Properties  HTML     50K  
                (Details)                                                        
106: R87         Goodwill (Details)                                  HTML     46K  
107: R88         Intangible assets - Schedule of Finite-Lived        HTML     62K  
                Intangible Assets (Details)                                      
108: R89         Intangible assets - Future Amortization Expense     HTML     53K  
                (Details)                                                        
109: R90         Accounts payable and accrued liabilities (Details)  HTML     68K  
110: R91         Debt - Components of Long-term Debt (Details)       HTML    176K  
111: R92         Debt - Narrative (Details)                          HTML    275K  
112: R93         Financial instruments (Details)                     HTML    113K  
113: R94         Other long-term liabilities - Schedule of Other     HTML     59K  
                Long-Term Liabilities (Details)                                  
114: R95         Other long-term liabilities - Narrative (Details)   HTML     42K  
115: R96         Leases - Narrative (Details)                        HTML     46K  
116: R97         Leases - Components of Lease Expense (Details)      HTML     56K  
117: R98         Leases - Supplemental Balance Sheet Information     HTML     63K  
                (Details)                                                        
118: R99         Leases - Weighted Average Remaining Lease Terms     HTML     49K  
                and Discount Rates (Details)                                     
119: R100        Leases - Supplemental Information Related to        HTML     51K  
                Leases (Details)                                                 
120: R101        Leases - Maturities of Lease Liabilities (Details)  HTML     77K  
121: R102        Shareholders' equity - Narrative (Details)          HTML     50K  
122: R103        Shareholders' equity - Summary of Information       HTML     47K  
                Related to Common Share Balances (Details)                       
123: R104        Change in non-cash working capital balances         HTML     48K  
                related to operations (Details)                                  
124: R105        Pensions and other benefits - Narrative (Details)   HTML     79K  
125: R106        Pensions and other benefits - Net Periodic Benefit  HTML     69K  
                Cost (Details)                                                   
126: R107        Pensions and other benefits - Changes in Projected  HTML     72K  
                Benefit Obligation (Details)                                     
127: R108        Pensions and other benefits - Changes in Fund       HTML     67K  
                Assets (Details)                                                 
128: R109        Pensions and other benefits - Funded Status of      HTML     56K  
                Pension Plans (Details)                                          
129: R110        Pensions and other benefits - Amounts Recognized    HTML     57K  
                in Company's Consolidated Balance Sheets (Details)               
130: R111        Pensions and other benefits - Amounts Recognized    HTML     57K  
                in Accumulated Other Comprehensive Losses                        
                (Details)                                                        
131: R112        Pensions and other benefits - Actuarial             HTML     59K  
                Assumptions (Details)                                            
132: R113        Pensions and other benefits - Pension Plan Asset    HTML     75K  
                Allocation and Weighted-Average Policy Range                     
                (Details)                                                        
133: R114        Pensions and other benefits - Summary of DB         HTML    163K  
                Pension Plan Assets at Fair Value (Details)                      
134: R115        Pensions and other benefits - Estimated Future      HTML     56K  
                Benefit Payments (Details)                                       
135: R116        Stock-based compensation - Narrative (Details)      HTML    135K  
136: R117        Stock-based compensation - Stock Option Plan        HTML     98K  
                (Details)                                                        
137: R118        Stock-based compensation - Stock Options            HTML     91K  
                Outstanding and Exercisable (Details)                            
138: R119        Stock-based compensation - Weighted-Average Fair    HTML     61K  
                Value Assumptions (Details)                                      
139: R120        Stock-based compensation - Schedule of Options      HTML     52K  
                Exercised (Details)                                              
140: R121        Stock-based compensation - Summary of Performance   HTML     53K  
                Share Units Plan (Details)                                       
141: R122        Stock-based compensation - Summary of Deferred      HTML     53K  
                Share Units Plan (Details)                                       
142: R123        Stock-based compensation - Summary of Total Share   HTML     55K  
                Based Liabilities (Details)                                      
143: R124        Variable interest entities (Details)                HTML     46K  
144: R125        Commitments and contingencies (Details)             HTML    111K  
145: R126        Guarantees (Details)                                HTML     40K  
146: R127        Segmented and geographic information - Narrative    HTML     40K  
                (Details)                                                        
147: R128        Segmented and geographic information - Geographic   HTML     56K  
                Information (Details)                                            
148: R129        Schedule II - Valuation and Qualifying Accounts     HTML     55K  
                (Details)                                                        
150: XML         IDEA XML File -- Filing Summary                      XML    274K  
153: XML         XBRL Instance -- cp-20231231_htm                     XML   4.89M  
149: EXCEL       IDEA Workbook of Financial Report Info              XLSX    332K  
16: EX-101.CAL  XBRL Calculations -- cp-20231231_cal                 XML    395K 
17: EX-101.DEF  XBRL Definitions -- cp-20231231_def                  XML   1.41M 
18: EX-101.LAB  XBRL Labels -- cp-20231231_lab                       XML   3.46M 
19: EX-101.PRE  XBRL Presentations -- cp-20231231_pre                XML   2.08M 
15: EX-101.SCH  XBRL Schema -- cp-20231231                           XSD    370K 
151: JSON        XBRL Instance as JSON Data -- MetaLinks              901±  1.37M  
152: ZIP         XBRL Zipped Folder -- 0000016875-24-000009-xbrl      Zip   2.23M  


‘EX-31.1’   —   Certification — §302 – SOA’02


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  Document  

Exhibit 31.1

Certification by the Chief Executive Officer of the Registrants filed pursuant to Rule 13a-14(a) of the Exchange Act.
Canadian Pacific Kansas City Limited, formerly known as Canadian Pacific Railway Limited

I, Keith Creel, certify that:

1.I have reviewed this Annual Report on Form 10-K of Canadian Pacific Kansas City Limited;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

/s/ KEITH CREEL
Keith Creel
President and Chief Executive Officer

 





Dates Referenced Herein

This ‘10-K’ Filing    Date    Other Filings
Filed on:2/27/24None on these Dates
For Period end:12/31/23
 List all Filings 


26 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 7/28/23  Canadian Pacific Kansas C… Ltd/CN 10-Q        6/30/23   82:7.9M
 5/17/23  Canadian Pacific Kansas C… Ltd/CN 8-K:1,9     5/11/23   12:1.3M                                   Donnelley … Solutions/FA
 4/27/23  Canadian Pacific Kansas C… Ltd/CN 10-Q        3/31/23   70:6.2M
 4/19/23  Canadian Pacific Kansas C… Ltd/CN 8-K:2,9     4/19/23   13:739K                                   Donnelley … Solutions/FA
 4/14/23  Canadian Pacific Kansas C… Ltd/CN 8-K:1,5,8,9 4/14/23   13:292K                                   Donnelley … Solutions/FA
 2/24/23  Canadian Pacific Kansas C… Ltd/CN 10-K       12/31/22  150:27M
 4/28/22  Canadian Pacific Kansas C… Ltd/CN 10-Q        3/31/22   81:6.3M
 3/28/22  Canadian Pacific Kansas C… Ltd/CN 8-K:8,9     3/28/22   13:11M                                    Donnelley … Solutions/FA
 2/23/22  Canadian Pacific Kansas C… Ltd/CN 10-K       12/31/21  169:30M
12/14/21  Canadian Pacific Kansas C… Ltd/CN 8-K:1,2,7,912/14/21   14:1.1M                                   Donnelley … Solutions/FA
12/06/21  Canadian Pacific Kansas C… Ltd/CN 8-K:1,2,9  12/02/21   12:530K                                   Donnelley … Solutions/FA
 9/16/21  Canadian Pacific Kansas C… Ltd/CN 8-K:1,2,8,9 9/15/21   13:1.2M                                   Donnelley … Solutions/FA
 5/06/21  Canadian Pacific Kansas C… Ltd/CN 8-K:5,9     5/05/21   12:219K                                   Donnelley … Solutions/FA
 3/22/21  Canadian Pacific Kansas C… Ltd/CN 8-K:1,5,7,8 3/21/21   16:6.5M                                   Donnelley … Solutions/FA
 2/18/21  Canadian Pacific Kansas C… Ltd/CN 10-K       12/31/20  161:31M
 4/22/20  Canadian Pacific Kansas C… Ltd/CN 10-Q        3/31/20   78:9.1M
 3/06/20  Canadian Pacific Kansas C… Ltd/CN 8-K:1,2,9   3/03/20   14:726K                                   Donnelley … Solutions/FA
 2/20/20  Canadian Pacific Kansas C… Ltd/CN 10-K       12/31/19  160:27M
 4/24/19  Canadian Pacific Kansas C… Ltd/CN 10-Q        3/31/19   83:9.5M
 2/15/19  Canadian Pacific Kansas C… Ltd/CN 10-K       12/31/18  152:25M
 5/16/18  Canadian Pacific Kansas C… Ltd/CN 8-K:1,2,9   5/14/18    6:529K                                   Donnelley … Solutions/FA
 2/21/17  Canadian Pacific Kansas C… Ltd/CN 8-K:5,9     2/21/17    2:248K
 2/16/17  Canadian Pacific Kansas C… Ltd/CN 10-K       12/31/16  155:27M
10/24/16  Canadian Pacific Kansas C… Ltd/CN 8-K:5,9    10/24/16    5:146K
 7/26/16  Canadian Pacific Kansas C… Ltd/CN 8-K:1,5,8,9 7/25/16    4:219K
 2/29/16  Canadian Pacific Kansas C… Ltd/CN 10-K       12/31/15  244:36M                                    Workiva Inc Wde… FA01/FA
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Filing Submission 0000016875-24-000009   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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