BCE (BCE) 6-K 2 Aug 18 2018 Q2 Current report (foreign) Financial data

Document and Entity Information

Document and Entity Information	6 Months Ended
	Jun. 30, 2018shares
Document and Entity Information [Abstract]
Entity Registrant Name	BCE INC
Entity Central Index Key	718,940
Entity Current Reporting Status	Yes
Current Fiscal Year End Date	--12-31
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,018
Document Type	6-K
Document Fiscal Period Focus	Q2
Entity Common Stock, Shares Outstanding (in shares)	897,993,230
Amendment Flag	false

Consolidated income statements

Consolidated income statements - CAD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Profit or loss [abstract]
Operating revenues	$ 5,786	$ 5,688	$ 11,376	$ 11,024
Operating costs	(3,356)	(3,306)	(6,692)	(6,476)
Severance, acquisition and other costs	(24)	(36)	(24)	(120)
Depreciation	(787)	(767)	(1,567)	(1,491)
Amortization	(221)	(210)	(433)	(395)
Finance costs
Interest expense	(246)	(238)	(486)	(472)
Interest on post-employment benefit obligations	(17)	(18)	(34)	(36)
Other (expense) income	(88)	(1)	(149)	16
Income taxes	(292)	(298)	(527)	(548)
Net earnings	755	814	1,464	1,502
Net earnings attributable to:
Common shareholders	704	765	1,365	1,407
Preferred shareholders	35	32	71	63
Non-controlling interest	$ 16	$ 17	$ 28	$ 32
Earnings per share [abstract]
Net earnings per common share - basic and diluted (in cad per share)	$ 0.79	$ 0.85	$ 1.52	$ 1.58
Average number of common shares outstanding - basic (millions) (in shares)	898	900.1	899.1	888

Consolidated statements of comp

Consolidated statements of comprehensive income - CAD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Statement of comprehensive income [abstract]
Net earnings		$ 755	$ 814	$ 1,464	$ 1,502
Items that will be subsequently reclassified to net earnings
Net change in value of derivatives designated as cash flow hedges, net of income taxes of ($2) million and $9 million for the three months ended June 30, 2018 and 2017, respectively, and ($5) million and $12 million for the six months ended June 30, 2018 and 2017, respectively (1)	[1]	7	(30)	14	(39)
Items that will not be reclassified to net earnings
Actuarial gains (losses) on post-employment benefit plans, net of income taxes of ($136) million and $95 million for the three months ended June 30, 2018 and 2017, respectively, and ($94) million and $214 million for the six months ended June 30, 2018 and 2017, respectively (2)	[2]	366	(256)	254	(579)
Net change in value of derivatives designated as cash flow hedges, net of income taxes of ($6) million and nil for the three months ended June 30, 2018 and 2017, respectively, and ($13) million and nil for the six months ended June 30, 2018 and 2017, respectively (1)	[1]	16	0	35	0
Other comprehensive income (loss)		389	(286)	303	(618)
Total comprehensive income		1,144	528	1,767	884
Total comprehensive income attributable to:
Common shareholders		1,091	479	1,665	789
Preferred shareholders		35	32	71	63
Non-controlling interest		$ 18	$ 17	$ 31	$ 32
[1]	Amounts relating to the net change in value of derivatives for the three and six month periods ended June 30, 2017 have not been restated, in accordance with the transition requirements upon adoption of IFRS 9 - Financial Instruments on January 1, 2018. See Note 2, Basis of presentation and significant accounting policies for further details.
[2]	The discount rate used to value our post-employment benefit obligations at June 30, 2018 was 3.7% compared to 3.6% at March 31, 2018 and December 31, 2017. The discount rate used to value our post-employment benefit obligations at June 30, 2017 was 3.6% compared to 3.8% at March 31, 2017 and 4.0% at December 31, 2016.

Consolidated statements of com4

Consolidated statements of comprehensive income (Parenthetical) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Statement of comprehensive income [abstract]
Actuarial assumption of discount rates	3.70%	3.60%	3.70%	3.60%	3.60%	3.60%	3.80%	4.00%
Income tax relating to cash flow hedges	$ (2)	$ 9	$ (5)	$ 12
Income tax relating to actuarial (losses) gains of defined benefit plans	(136)	95	(94)	214
Income tax relating to changes in fair value of financial liability attributable to change in credit risk of liability of other comprehensive income	$ (6)	$ 0	$ (13)	$ 0

Consolidated statements of fina

Consolidated statements of financial position - CAD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Current assets
Cash	$ 254	$ 442
Cash equivalents	136	183
Trade and other receivables	2,932	3,129
Inventory	436	380
Contract assets	856	832
Contract costs	345	350
Prepaid expenses	376	217
Other current assets	222	122
Total current assets	5,557	5,655
Non-current assets
Contract assets	414	431
Contract costs	287	286
Property, plant and equipment	24,392	24,029
Intangible assets	13,407	13,258
Deferred tax assets	156	144
Investments in associates and joint ventures	803	814
Other non-current assets	975	757
Goodwill	10,568	10,428
Total non-current assets	51,002	50,147
Total assets	56,559	55,802
Current liabilities
Trade payables and other liabilities	3,603	3,875
Contract liabilities	687	693
Interest payable	177	168
Dividends payable	701	678
Current tax liabilities	148	140
Debt due within one year	5,732	5,178
Total current liabilities	11,048	10,732
Non-current liabilities
Contract liabilities	196	201
Long-term debt	18,367	18,215
Deferred tax liabilities	3,139	2,870
Post-employment benefit obligations	1,987	2,108
Other non-current liabilities	1,098	1,051
Total non-current liabilities	24,787	24,445
Total liabilities	35,835	35,177
EQUITY
Contributed surplus	1,151	1,162
Accumulated other comprehensive income (loss)	34	(17)
Deficit	(4,811)	(4,938)
Total equity attributable to BCE shareholders	20,405	20,302
Non-controlling interest	319	323
Total equity	20,724	20,625
Equity and liabilities	56,559	55,802
Preferred shares
EQUITY
Issued capital	4,004	4,004
Common shares
EQUITY
Issued capital	$ 20,027	$ 20,091

Consolidated statements of chan

Consolidated statements of changes in equity - CAD ($) $ in Millions	Total	SHARES ISSUEDPREFERRED SHARES	SHARES ISSUEDCOMMON SHARES	CONTRI-BUTED SURPLUS	ACCUMU-LATED OTHER COMPRE-HENSIVE (LOSS) INCOME	DEFICIT	TOTAL	NON-CONTROL-LING INTEREST
Beginning Balance at Dec. 31, 2016	$ 18,916	$ 4,004	$ 18,370	$ 1,160	$ 46	$ (4,978)	$ 18,602	$ 314
Net earnings	1,502					1,470	1,470	32
Other comprehensive income (loss)	(618)				(39)	(579)	(618)
Total comprehensive income	884				(39)	891	852	32
Common shares issued under employee stock option plan	88		93	(5)			88
Common shares issued under employee savings plan	5		5				5
Other share-based compensation	(27)			(10)		(17)	(27)
Common shares issued for the acquisition of subsidiary	1,594		1,594				1,594
Dividends declared on BCE common and preferred shares	(1,334)					(1,334)	(1,334)
Dividends declared by subsidiaries to non-controlling interest	(22)							(22)
Ending Balance at Jun. 30, 2017	20,104	4,004	20,062	1,145	7	(5,438)	19,780	324
Beginning Balance (2017 as previously reported) at Dec. 31, 2017	20,625	4,004	20,091	1,162	(17)	(4,938)	20,302	323
Beginning Balance at Dec. 31, 2017	20,625
Net earnings	1,464					1,436	1,436	28
Other comprehensive income (loss)	303				46	254	300	3
Total comprehensive income	1,767				46	1,690	1,736	31
Common shares issued under employee stock option plan	4		4				4
Other share-based compensation	(31)			(8)		(23)	(31)
Repurchase of common shares	(175)		(69)	(3)		(103)	(175)
Common shares issued for the acquisition of subsidiary	1		1				1
Dividends declared on BCE common and preferred shares	(1,427)					(1,427)	(1,427)
Dividends declared by subsidiaries to non-controlling interest	(3)							(3)
Settlement of cash flow hedges transferred to the cost basis of hedged items	5				5		5
Return of capital to non-controlling interest	(41)					(6)	(6)	(35)
Other	3							3
Ending Balance at Jun. 30, 2018	$ 20,724	$ 4,004	$ 20,027	$ 1,151	$ 34	$ (4,811)	$ 20,405	$ 319

Consolidated statements of cash

Consolidated statements of cash flows - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities
Net earnings	$ 755	$ 814	$ 1,464	$ 1,502
Adjustments to reconcile net earnings to cash flows from operating activities
Severance, acquisition and other costs	24	36	24	120
Depreciation and amortization	1,008	977	2,000	1,886
Post-employment benefit plans cost	80	82	170	150
Net interest expense	243	235	481	465
Losses on investments	0	0	0	12
Income taxes	292	298	527	548
Contributions to post-employment benefit plans	(74)	(86)	(161)	(174)
Payments under other post-employment benefit plans	(19)	(19)	(38)	(38)
Severance and other costs paid	(33)	(40)	(68)	(81)
Interest paid	(252)	(249)	(488)	(472)
Income taxes paid (net of refunds)	(113)	(114)	(397)	(402)
Acquisition and other costs paid	(28)	(21)	(46)	(104)
Net change in operating assets and liabilities	174	241	85	55
Cash flows from operating activities	2,057	2,154	3,553	3,467
Cash flows used in investing activities
Capital expenditures	(1,056)	(1,042)	(1,987)	(1,894)
Business acquisitions	(21)	0	(244)	(1,635)
Disposition of intangibles and other assets	0	323	68	323
Acquisition of spectrum licences	0	0	(36)	0
Other investing activities	(20)	(5)	(55)	(14)
Cash flows used in investing activities	(1,097)	(724)	(2,254)	(3,220)
Cash flows used in financing activities
Increase in notes payable	97	127	40	435
Decrease in securitized trade receivables	(2)	(360)	(2)	(10)
Issue of long-term debt	0	0	1,466	1,496
Repayment of long-term debt	(1,068)	(472)	(1,241)	(1,076)
Issue of common shares	1	41	2	89
Repurchase of shares for settlement of share-based payments	(49)	(45)	(137)	(141)
Repurchase of common shares	0	0	(175)	0
Cash dividends paid on common shares	(678)	(626)	(1,324)	(1,220)
Cash dividends paid on preferred shares	(35)	(30)	(68)	(73)
Cash dividends paid by subsidiaries to non-controlling interest	0	(9)	(13)	(21)
Return of capital to non-controlling interest	(12)	0	(41)	0
Other financing activities	(23)	(9)	(41)	(22)
Cash flows used in financing activities	(1,769)	(1,383)	(1,534)	(543)
Net decrease in cash	(421)	(19)	(188)	(183)
Cash at beginning of period	675	439	442	603
Cash at end of period	254	420	254	420
Net (decrease) increase in cash equivalents	(388)	66	(47)	(113)
Cash equivalents at beginning of period	524	71	183	250
Cash equivalents at end of period	$ 136	$ 137	$ 136	$ 137

Corporate information

Corporate information	6 Months Ended
	Jun. 30, 2018
Corporate Information And Statement Of IFRS Compliance [Abstract]
Corporate information	Note 1 Corporate information BCE is incorporated and domiciled in Canada. BCE’s head office is located at 1, Carrefour Alexander-Graham-Bell, Verdun, Québec, Canada. BCE is a telecommunications and media company providing wireless, wireline, Internet and television (TV) services to residential, business and wholesale customers nationally across Canada. Our Bell Media segment provides conventional, specialty and pay TV, digital media, radio broadcasting services and out-of-home (OOH) advertising services to customers nationally across Canada.

Basis of presentation and signi

Basis of presentation and significant accounting policies	6 Months Ended
	Jun. 30, 2018
Accounting Policies, Changes In Accounting Estimates And Errors [Abstract]
Basis of presentation and significant accounting policies	Note 2 Basis of presentation and significant accounting policies These financial statements were prepared in accordance with International Financial Reporting Standards (IFRS), as issued by the International Accounting Standards Board (IASB), under International Accounting Standard (IAS) 34 - Interim Financial Reporting and were approved by BCE’s board of directors on August 1, 2018 . These financial statements were prepared using the same basis of presentation, accounting policies and methods of computation as outlined in Note 2, Significant accounting policies in our consolidated financial statements for the year ended December 31, 2017 , except as noted below. The impacts of adopting IFRS 15 on our previously reported results for the three and six months ended June 30, 2017 are provided in Note 14, Adoption of IFRS 15 . The impacts of adopting IFRS 15 on our statement of financial position as at January 1, 2017 and December 31, 2017, our consolidated income statement and consolidated statement of cash flows for the year ended December 31, 2017, along with updated 2017 annual disclosures are included in Note 3, Adoption of IFRS 15, of our unaudited consolidated financial statements for the period ended March 31, 2018. These financial statements do not include all of the notes required in annual financial statements. All amounts are in millions of Canadian dollars, except where noted. Adoption of new accounting standards As required, effective January 1, 2018, we adopted the following new accounting standards. IFRS 15 We applied IFRS 15, Revenue from Contracts with Customers, retrospectively to each prior reporting period presented. IFRS 15 establishes principles to record revenues from contracts for the sale of products or services, unless the contracts are in the scope of other IFRSs. IFRS 15 principally affects the timing of revenue recognition and how we classify revenues between product and service in our Bell Wireless segment. IFRS 15 also affects how we account for costs to obtain a contract. • Under multiple-element arrangements, revenue allocated to a satisfied performance obligation is no longer limited to the amount that is not contingent upon the satisfaction of additional performance obligations. Although the total revenue recognized during the term of a contract is largely unaffected, revenue recognition may be accelerated and reflected ahead of the associated cash inflows. This results in the recognition of a contract asset on the balance sheet, corresponding to the amount of revenue recognized and not yet billed to a customer. The contract asset is realized over the term of the customer contract. • As revenues allocated to a satisfied performance obligation are no longer limited to the non-contingent amount, a greater proportion of the total revenue recognized during the term of certain customer contracts may be attributed to a delivered product, resulting in a corresponding decrease in service revenue • Sales commissions and any other incremental costs of obtaining a contract with a customer are recognized on the statement of financial position and amortized on a systematic basis that is consistent with the period and pattern of transfer to the customer of the related products or services, except as noted below Under IFRS 15, we apply the following practical expedients. • Completed contracts that begin and end within the same annual reporting period and those completed before January 1, 2017 are not restated • Contracts modified prior to January 1, 2017 are not restated. The aggregate effect of these modifications is reflected when identifying the satisfied and unsatisfied performance obligations, determining the transaction price and allocating the transaction price to the satisfied and unsatisfied performance obligations. • When our right to consideration from a customer corresponds directly with the value to the customer of the products and services transferred to date, we recognize revenue in the amount to which we have a right to invoice. For such contracts and for performance obligations that are part of a contract that has an original expected duration of one year or less, the transaction price amount allocated to the remaining performance obligations and an explanation of when we expect to recognise that amount as revenue are not disclosed. • Costs of obtaining a contract that would be amortized within one year or less are immediately expensed IFRS 9 We applied IFRS 9, Financial Instruments (as revised in July 2014) and the related consequential amendments to other IFRSs retrospectively, except for the changes to hedge accounting described below which are applied prospectively. In accordance with the transition requirements, comparative periods have not been restated. The adoption of IFRS 9 did not have a significant impact on the carrying amounts of our financial instruments as at January 1, 2018. As a result of the adoption of IFRS 9, our January 1, 2018 deficit increased by $4 million . IFRS 9 replaces the classification and measurement models in IAS 39, Financial Instruments: Recognition and Measurement, with a single model under which financial assets are classified and measured at amortized cost, fair value through other comprehensive income (FVOCI) or fair value through profit or loss (FVTPL). This classification is based on the business model in which a financial asset is managed and its contractual cash flow characteristics and eliminates the IAS 39 categories of held-to-maturity, loans and receivables and available-for-sale. The adoption of IFRS 9 did not, however, change the measurement bases of our financial assets. • Cash and cash equivalents and derivative instruments measured at FVTPL under IAS 39 continue to be measured as such under IFRS 9 • Portfolio investments in equity securities and certain derivative instruments that qualify for cash flow hedge accounting measured at FVOCI under IAS 39 continue to be measured as such under IFRS 9 • Trade and other receivables continue to be measured at amortized cost under IFRS 9 The impairment of financial assets under IFRS 9 is based on an expected credit loss (ECL) model, as opposed to the incurred loss model in IAS 39. IFRS 9 applies to financial assets measured at amortized cost and contract assets and requires that we consider factors that include historical, current and forward-looking information when measuring the ECL. We use the simplified approach for measuring losses based on the lifetime ECL for trade receivables and contract assets. Amounts considered uncollectible are written off and recognized in Operating costs in the income statement. We have adopted the general hedge accounting model in IFRS 9 which requires that we ensure hedge accounting relationships are consistent with our risk management objectives and strategies. We also apply a more qualitative and forward-looking approach in assessing hedge effectiveness as a retrospective assessment is no longer required. • Under IFRS 9, amounts related to cash flow hedges of anticipated purchases of non-financial assets settled during the period are reclassified from Accumulated other comprehensive income to the initial cost of the non-financial asset when it is recognized. Under IAS 39, such amounts were reclassified from Other comprehensive income. Amounts related to cash flow hedges of other anticipated purchases continue to be reclassified from Other comprehensive income to net earnings under IFRS 9. Future changes to accounting standards As outlined in Note 2, Significant accounting policies in our consolidated financial statements for the year ended December 31, 2017, the IASB issued IFRS 16 - Leases with an effective date of January 1, 2019. We continue to make progress towards adoption of IFRS 16 according to our detailed implementation plan. It is not yet possible to make a reliable estimate of the impact of the new standard on our financial statements. We will adopt IFRS 16 on January 1, 2019, using a modified retrospective approach.

Business acquisitions and dispo

Business acquisitions and dispositions	6 Months Ended
	Jun. 30, 2018
Business Combinations1 [Abstract]
Business acquisitions and dispositions	Note 3 Business acquisitions and dispositions 2018 Acquisition of AlarmForce On January 5, 2018, BCE acquired all of the issued and outstanding shares of AlarmForce for a total consideration of $182 million , of which $181 million was paid in cash and the remaining $1 million through the issuance of 22,531 BCE common shares. Subsequent to the acquisition of AlarmForce, on January 5, 2018, BCE sold AlarmForce's approximate 39,000 customer accounts in British Columbia, Alberta and Saskatchewan to TELUS Communications Inc. (Telus) for total proceeds of approximately $68 million . AlarmForce provides security alarm monitoring, personal emergency response monitoring, video surveillance and related services to residential and commercial subscribers. The acquisition of AlarmForce supports our strategic expansion in the Connected Home marketplace. AlarmForce is included in our Bell Wireline segment in our consolidated financial statements. The purchase price allocation includes provisional estimates, in particular for finite-life intangible assets. The following table summarizes the fair value of the consideration paid and the fair value assigned to each major class of assets and liabilities. TOTAL Cash consideration 181 Issuance of 22,531 BCE common shares (1) 1 Total cost to be allocated 182 Assets held for sale (2) 68 Property, plant and equipment 8 Finite-life intangible assets (3) 34 Indefinite-life intangible assets 1 Deferred tax liabilities (7 ) Other non-current liabilities (1 ) 103 Cash and cash equivalents 4 Fair value of net assets acquired 107 Goodwill (4) 75 (1) Recorded at fair value based on the market price of BCE common shares on the acquisition date. (2) Consists mainly of customer relationships recorded at fair value less costs to sell. (3) Consists mainly of customer relationships. (4) Goodwill arises principally from expected synergies and future growth and is not deductible for tax purposes. Goodwill arising from the transaction was allocated to our Bell Wireline group of CGUs. Revenues of $26 million and net earnings of $2 million from AlarmForce are included in the consolidated income statements from the date of acquisition. These amounts reflect the amortization of certain elements of the purchase price allocation and related tax adjustments. Termination of agreement to acquire Séries+ and Historia specialty channels On October 17, 2017, BCE entered into an agreement with Corus Entertainment Inc. (Corus) to acquire French-language specialty channels Séries+ and Historia. On May 28, 2018, the Competition Bureau announced that it did not approve the sale of the channels to BCE. As a result, BCE and Corus terminated their agreement. Future business acquisitions On June 30, 2018, Bell entered into an agreement to acquire a corporation that provides broadband network services to commercial and government accounts. The transaction is valued at approximately $152 million and is expected to close by the end of August 2018. 2017 Acquisition of MTS On March 17, 2017, BCE acquired all of the issued and outstanding common shares of MTS for a total consideration of $2,933 million , of which $1,339 million was paid in cash and the remaining $1,594 million through the issuance of approximately 27.6 million BCE common shares. BCE funded the cash component of the transaction through debt financing. Revenues of $271 million and net earnings of $38 million from the acquired MTS operations are included in the consolidated income statements from the date of acquisition. BCE’s consolidated operating revenues and net earnings for the six months ended June 30, 2017 would have been $11,217 million and $1,513 million , respectively, had the acquisition of MTS occurred on January 1, 2017. These amounts reflect the elimination of intercompany transactions, financing costs and the amortization of certain elements of the purchase price allocation and related tax adjustments. During Q2 2017, BCE completed the divestiture of approximately one-quarter of postpaid wireless subscribers and 15 retail locations previously held by MTS, as well as certain Manitoba network assets, to Telus for total proceeds of $323 million . Acquisition of Cieslok Media Ltd. (Cieslok Media) On January 3, 2017, BCE acquired all of the issued and outstanding common shares of Cieslok Media for a total cash consideration of $161 million . The transaction did not have a significant impact on our consolidated operating revenues and net earnings for the six months ended June 30, 2017 .

Segmented information

Segmented information	6 Months Ended
	Jun. 30, 2018
Operating Segments [Abstract]
Segmented information	Note 4 Segmented information Our results are reported in three segments: Bell Wireless, Bell Wireline and Bell Media. Our segments reflect how we manage our business and how we classify our operations for planning and measuring performance. On March 17, 2017, BCE acquired all of the issued and outstanding common shares of MTS. The results from the acquired MTS operations are included in our Bell Wireless and Bell Wireline segments from the date of acquisition. The following tables present financial information by segment for the three month periods ended June 30, 2018 and 2017 . FOR THE THREE MONTH PERIOD ENDED JUNE 30, 2018 NOTE BELL WIRELESS BELL WIRELINE BELL MEDIA INTER- SEGMENT ELIMINA- TIONS BCE Operating revenues External customers 2,032 3,077 677 — 5,786 Inter-segment 14 58 114 (186 ) — Total operating revenues 2,046 3,135 791 (186 ) 5,786 Operating costs 5 (1,142 ) (1,814 ) (586 ) 186 (3,356 ) Segment profit (1) 904 1,321 205 — 2,430 Severance, acquisition and other costs 6 (3 ) (13 ) (8 ) — (24 ) Depreciation and amortization (165 ) (803 ) (40 ) — (1,008 ) Finance costs Interest expense (246 ) Interest on post-employment benefit obligations 10 (17 ) Other expense 7 (88 ) Income taxes (292 ) Net earnings 755 (1) The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs. FOR THE THREE MONTH PERIOD ENDED JUNE 30, 2017 NOTE BELL WIRELESS BELL WIRELINE BELL MEDIA INTER- SEGMENT ELIMINA- TIONS BCE Operating revenues External customers 1,938 3,067 683 — 5,688 Inter-segment 11 50 113 (174 ) — Total operating revenues 1,949 3,117 796 (174 ) 5,688 Operating costs 5 (1,098 ) (1,810 ) (572 ) 174 (3,306 ) Segment profit (1) 851 1,307 224 — 2,382 Severance, acquisition and other costs 6 — (35 ) (1 ) — (36 ) Depreciation and amortization (143 ) (796 ) (38 ) — (977 ) Finance costs Interest expense (238 ) Interest on post-employment benefit obligations 10 (18 ) Other expense 7 (1 ) Income taxes (298 ) Net earnings 814 (1) The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs. The following tables present financial information by segment for the six month periods ended June 30, 2018 and 2017 . FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2018 NOTE BELL WIRELESS BELL WIRELINE BELL MEDIA INTER- SEGMENT ELIMINA- TIONS BCE Operating revenues External customers 3,966 6,102 1,308 — 11,376 Inter-segment 26 117 232 (375 ) — Total operating revenues 3,992 6,219 1,540 (375 ) 11,376 Operating costs 5 (2,266 ) (3,596 ) (1,205 ) 375 (6,692 ) Segment profit (1) 1,726 2,623 335 — 4,684 Severance, acquisition and other costs 6 (6 ) (8 ) (10 ) — (24 ) Depreciation and amortization (325 ) (1,598 ) (77 ) — (2,000 ) Finance costs Interest expense (486 ) Interest on post-employment benefit obligations 10 (34 ) Other expense 7 (149 ) Income taxes (527 ) Net earnings 1,464 (1) The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs. FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2017 NOTE BELL WIRELESS BELL WIRELINE BELL MEDIA INTER- SEGMENT ELIMINA- TIONS BCE Operating revenues External customers 3,694 5,995 1,335 — 11,024 Inter-segment 22 99 212 (333 ) — Total operating revenues 3,716 6,094 1,547 (333 ) 11,024 Operating costs 5 (2,096 ) (3,524 ) (1,189 ) 333 (6,476 ) Segment profit (1) 1,620 2,570 358 — 4,548 Severance, acquisition and other costs 6 (5 ) (102 ) (13 ) — (120 ) Depreciation and amortization (281 ) (1,532 ) (73 ) — (1,886 ) Finance costs Interest expense (472 ) Interest on post-employment benefit obligations 10 (36 ) Other income 7 16 Income taxes (548 ) Net earnings 1,502 (1) The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs. Revenues by services and products THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 2018 2017 2018 2017 Services (1) Wireless 1,562 1,508 3,062 2,923 Data 1,869 1,812 3,689 3,531 Voice 957 1,020 1,907 2,001 Media 677 683 1,308 1,335 Other services 64 55 127 99 Total services 5,129 5,078 10,093 9,889 Products (2) Wireless 470 430 904 771 Data 98 95 202 194 Equipment and other 89 85 177 170 Total products 657 610 1,283 1,135 Total operating revenues 5,786 5,688 11,376 11,024 (1) Our service revenues are generally recognized over time. (2) Our product revenues are generally recognized at a point in time.

Operating costs

Operating costs	6 Months Ended
	Jun. 30, 2018
Analysis of income and expense [abstract]
Operating costs	Note 5 Operating costs THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 NOTE 2018 2017 2018 2017 Labour costs Wages, salaries and related taxes and benefits (1,090 ) (1,072 ) (2,148 ) (2,075 ) Post-employment benefit plans service cost (net of capitalized amounts) 10 (63 ) (64 ) (136 ) (114 ) Other labour costs (1) (262 ) (264 ) (510 ) (517 ) Less: Capitalized labour 288 268 543 513 Total labour costs (1,127 ) (1,132 ) (2,251 ) (2,193 ) Cost of revenues (2) (1,720 ) (1,678 ) (3,430 ) (3,305 ) Other operating costs (3) (509 ) (496 ) (1,011 ) (978 ) Total operating costs (3,356 ) (3,306 ) (6,692 ) (6,476 ) (1) Other labour costs include contractor and outsourcing costs. (2) Cost of revenues includes costs of wireless devices and other equipment sold, network and content costs, and payments to other carriers. (3) Other operating costs include marketing, advertising and sales commission costs, bad debt expense, taxes other than income taxes, IT costs, professional service fees and rent.

Severance, acquisition and othe

Severance, acquisition and other costs	6 Months Ended
	Jun. 30, 2018
Analysis of income and expense [abstract]
Severance, acquisition and other costs	Note 6 Severance, acquisition and other costs THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 2018 2017 2018 2017 Severance (15 ) (16 ) (24 ) (47 ) Acquisition and other (9 ) (20 ) — (73 ) Total severance, acquisition and other costs (24 ) (36 ) (24 ) (120 ) Severance costs Severance costs consist of charges related to workforce reduction initiatives. Acquisition and other costs Acquisition and other costs consist of transaction costs, such as legal and financial advisory fees, related to completed or potential acquisitions, employee severance costs related to the purchase of a business, the costs to integrate acquired companies into our operations and litigation costs, when they are significant. Acquisition costs also include a loss on transfer of spectrum licences relating to the MTS acquisition in 2017.

Other (expense) income

Other (expense) income	6 Months Ended
	Jun. 30, 2018
Analysis of income and expense [abstract]
Other (expense) income	Note 7 Other (expense) income THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 NOTE 2018 2017 2018 2017 Net mark-to-market (losses) gains on derivatives used to economically hedge equity settled share-based compensation plans (1) (30 ) 1 (107 ) 25 Equity (losses) income from investments in associates and joint ventures Losses on investments (2) (20 ) — (20 ) (2 ) Operations (20 ) 12 (3 ) 31 Early debt redemption costs 9 (18 ) (4 ) (18 ) (4 ) Impairment of assets — — (4 ) — Losses on retirements and disposals of property, plant and equipment and intangible assets (2 ) (9 ) (1 ) (26 ) Losses on investments — — — (12 ) Other (1) 2 (1 ) 4 4 Total other (expense) income (88 ) (1 ) (149 ) 16 (1) We have reclassified amounts from the previous period to make them consistent with the presentation for the current period. (2) The $20 million loss in 2018 represents BCE's share of an obligation to repurchase at fair value the minority interest in one of BCE's joint ventures. The obligation is marked to market each reporting period and the gain or loss on investment is recorded as equity gains or losses from investments in associates and joint ventures.

Earnings per share

Earnings per share	6 Months Ended
	Jun. 30, 2018
Earnings per share [abstract]
Earnings per share	Note 8 Earnings per share The following table shows the components used in the calculation of basic and diluted earnings per common share for earnings attributable to common shareholders. THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 2018 2017 2018 2017 Net earnings attributable to common shareholders - basic 704 765 1,365 1,407 Dividends declared per common share (in dollars) 0.7550 0.7175 1.5100 1.4350 Weighted average number of common shares outstanding (in millions) Weighted average number of common shares outstanding - basic 898.0 900.1 899.1 888.0 Assumed exercise of stock options (1) 0.3 0.9 0.3 0.8 Weighted average number of common shares outstanding - diluted (in millions) 898.3 901.0 899.4 888.8 (1) The calculation of the assumed exercise of stock options includes the effect of the average unrecognized future compensation cost of dilutive options. It excludes options for which the exercise price is higher than the average market value of a BCE common share. The number of excluded options was 12,050,731 for both the second quarter of 2018 and for the first half of 2018, compared to 31,722 for the second quarter of 2017 and 5,803,983 for the first half of 2017.

Debt

Debt	6 Months Ended
	Jun. 30, 2018
Financial Instruments [Abstract]
Debt	Note 9 Debt 2018 On May 4, 2018, Bell Canada redeemed, prior to maturity, its 3.50% Series M-28 medium term notes (MTN) debentures, having an outstanding principal amount of $400 million which were due on September 10, 2018. On April 16, 2018, Bell Canada redeemed, prior to maturity, its 4.59% Series 9 notes, having an outstanding principal amount of $200 million which were due on October 1, 2018. In addition, on the same date, Bell Canada redeemed, prior to maturity, its 5.52% Series M-33 debentures, having an outstanding principal amount of $300 million , which were due on February 26, 2019. In Q2 2018, we incurred early debt redemption charges of $ 18 million which were recorded in Other (expense) income in the income statement. In Q2 2018, Bell Canada reclassified its $1 billion 3.35% Series M-25 debentures, which mature on June 18, 2019, from long-term debt to debt due within one year. On March 29, 2018, Bell Canada issued 4.464% Series US-1 notes under its 2016 trust indenture, with a principal amount of US $750 million (CAD $967 million ), which mature on April 1, 2048. The Series US-1 Notes have been hedged for foreign currency fluctuations through a cross currency interest rate swap. See Note 11 , Financial assets and liabilities , for additional details. On March 12, 2018, Bell Canada issued 3.35% Series M-47 MTN debentures under its 1997 trust indenture, with a principal amount of $500 million , which mature on March 12, 2025.

Post-employee benefit plans

Post-employee benefit plans	6 Months Ended
	Jun. 30, 2018
Employee Benefits [Abstract]
Post-employment benefit plans	Note 10 Post-employment benefit plans Post-employment benefit plans cost We provide pension and other benefits for most of our employees. These include defined benefit (DB) pension plans, defined contribution (DC) pension plans and other post-employment benefits (OPEBs). COMPONENTS OF POST-EMPLOYMENT BENEFIT PLANS SERVICE COST THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 2018 2017 2018 2017 DB pension (53 ) (53 ) (106 ) (101 ) DC pension (24 ) (24 ) (57 ) (55 ) OPEBs (1 ) (1 ) (2 ) (3 ) Plan amendment gain on OPEBs — — — 16 Less: Capitalized benefit plans cost 15 14 29 29 Total post-employment benefit plans service cost included in operating costs (63 ) (64 ) (136 ) (114 ) Other costs recognized in severance, acquisition and other costs — (4 ) (4 ) (4 ) Total post-employment benefit plans service cost (63 ) (68 ) (140 ) (118 ) COMPONENTS OF POST-EMPLOYMENT BENEFIT PLANS FINANCING COST THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 2018 2017 2018 2017 DB pension (5 ) (5 ) (11 ) (9 ) OPEBs (12 ) (13 ) (23 ) (27 ) Total interest on post-employment benefit obligations (17 ) (18 ) (34 ) (36 )

Financial assets and liabilitie

Financial assets and liabilities	6 Months Ended
	Jun. 30, 2018
Financial Instruments [Abstract]
Financial assets and liabilities	Note 11 Financial assets and liabilities FAIR VALUE The following table provides the fair value details of financial instruments measured at amortized cost in the statements of financial position. JUNE 30, 2018 DECEMBER 31, 2017 CLASSIFICATION FAIR VALUE METHODOLOGY CARRYING VALUE FAIR VALUE CARRYING VALUE FAIR VALUE CRTC tangible benefits obligation Trade payables and other liabilities and non-current liabilities Present value of estimated future cash flows discounted using observable market interest rates 79 78 111 110 CRTC deferral account obligation Trade payables and other liabilities and non-current liabilities Present value of estimated future cash flows discounted using observable market interest rates 119 121 124 128 Debt securities, finance leases and other debt Debt due within one year and long-term debt Quoted market price of debt or present value of future cash flows discounted using observable market interest rates 19,868 21,490 19,321 21,298 The following table provides the fair value details of financial instruments measured at fair value in the statements of financial position. FAIR VALUE CLASSIFICATION CARRYING VALUE OF ASSET (LIABILITY) QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) OBSERVABLE MARKET DATA (LEVEL 2) (1) NON-OBSERVABLE MARKET INPUTS (LEVEL 3) (2) June 30, 2018 Publicly-traded and privately-held investments Other non-current assets 104 1 — 103 Derivative financial instruments Other current assets, trade payables and other liabilities, other non-current assets and liabilities (5 ) — (5 ) — Maple Leaf Sports & Entertainment Ltd. (MLSE) financial liability (3) Trade payables and other liabilities (135 ) — — (135 ) Other Other non-current assets and liabilities 70 — 116 (46 ) December 31, 2017 Publicly-traded and privately-held investments Other non-current assets 103 1 — 102 Derivative financial instruments Other current assets, trade payables and other liabilities, other non-current assets and liabilities (48 ) — (48 ) — MLSE financial liability (3) Trade payables and other liabilities (135 ) — — (135 ) Other Other non-current assets and liabilities 60 — 106 (46 ) (1) Observable market data such as equity prices, interest rates, swap rate curves and foreign currency exchange rates. (2) Non-observable market inputs such as discounted cash flows and earnings multiples. A reasonable change in our assumptions would not result in a significant increase (decrease) to our level 3 financial instruments. (3) Represents BCE’s obligation to repurchase the BCE Master Trust Fund's (Master Trust) 9% interest in MLSE at a price not less than an agreed minimum price should the Master Trust exercise its put option. The obligation to repurchase is marked to market each reporting period and the gain or loss is recorded in Other (expense) income in the income statements. CURRENCY EXPOSURES We use forward contracts, options and cross currency interest rate swaps to manage foreign currency risk related to anticipated purchases and sales and certain foreign currency denominated debt. A 10% depreciation (appreciation) in the value of the Canadian dollar relative to the U.S. dollar would result in a gain (loss) of $2 million ( $3 million ) recognized in net earnings at June 30, 2018 and a gain (loss) of $139 million ( $134 million ) recognized in Other comprehensive income (loss) at June 30, 2018 , with all other variables held constant. In Q1 2018, we entered into a cross currency interest rate swap with a notional amount of $750 million in U.S. dollars ( $967 million in Canadian dollars) to hedge the U.S. currency exposure of our Series US-1 notes maturing in 2048. See Note 9 , Debt , for additional details. The following table provides further details on our outstanding foreign currency forward contracts and options as at June 30, 2018 . TYPE OF HEDGE BUY CURRENCY AMOUNT TO RECEIVE SELL CURRENCY AMOUNT TO PAY MATURITY HEDGED ITEM Cash flow USD 2,499 CAD 3,244 2018 Commercial paper Cash flow USD 450 CAD 584 2018 Anticipated transactions Cash flow CAD 46 USD 36 2018-2019 Anticipated transactions Cash flow USD 775 CAD 968 2019 Anticipated transactions Cash flow USD 76 CAD 96 2020-2021 Anticipated transactions Economic USD 19 CAD 24 2018 Anticipated transactions Economic - call options USD 33 CAD 41 2018 Anticipated transactions Economic - put options USD 99 CAD 119 2018 Anticipated transactions INTEREST RATE EXPOSURES A 1% increase (decrease) in interest rates would result in a decrease (increase) of $31 million in net earnings at June 30, 2018 . EQUITY PRICE EXPOSURES We use equity forward contracts on BCE’s common shares to economically hedge the cash flow exposure related to the settlement of equity settled share-based compensation plans and the equity price risk related to a cash-settled share-based payment plan. The fair value of our equity forward contracts at June 30, 2018 was a liability of $ 85 million . A 5% increase (decrease) in the market price of BCE’s common shares at June 30, 2018 would result in a gain (loss) of $ 33 million recognized in net earnings, with all other variables held constant.

Share capital

Share capital	6 Months Ended
	Jun. 30, 2018
Disclosure Of Share Capital, Reserves And Other Equity Interest [Abstract]
Share capital	Note 12 Share capital NORMAL COURSE ISSUER BID PROGRAM (NCIB) In Q1 2018, BCE repurchased and canceled 3,085,697 common shares for a total cost of $175 million . Of the total cost, $69 million represents stated capital and $3 million represents the reduction of the contributed surplus attributable to these common shares. The remaining $103 million was charged to the deficit. CONVERSION OF FIRST PREFERRED SHARES On March 1, 2018, 397,181 of BCE's 5,069,935 fixed-rate Cumulative Redeemable First Preferred Shares, Series AC (Series AC Preferred Shares) were converted, on a one -for-one basis, into floating rate Cumulative Redeemable First Preferred Shares, Series AD (Series AD Preferred Shares). In addition, on March 1, 2018, 5,356,937 of BCE's 14,930,065 Series AD Preferred Shares were converted, on a one -for-one basis, into Series AC Preferred Shares. The annual fixed dividend rate on BCE’s Series AC Preferred Shares was reset for the next five years, effective March 1, 2018, at 4.38% from 3.55% . The Series AD Preferred Shares continue to pay a monthly floating cash dividend.

Share-based payments

Share-based payments	6 Months Ended
	Jun. 30, 2018
Share-based Payment Arrangements [Abstract]
Share-based payments	Note 13 Share-based payments The following share-based payment amounts are included in the income statements as operating costs. THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 2018 2017 2018 2017 Employee savings plan (ESP) (7 ) (7 ) (14 ) (14 ) Restricted share units (RSUs) and performance share units (PSUs) (11 ) (10 ) (30 ) (27 ) Other (1) (2 ) (2 ) (6 ) (5 ) Total share-based payments (20 ) (19 ) (50 ) (46 ) (1) Includes deferred share plan (DSP), deferred share units (DSUs) and stock options. The following tables summarize the change in outstanding ESP shares, RSUs/PSUs, DSUs and stock options for the period ended June 30, 2018 . ESP NUMBER OF ESP SHARES Unvested contributions, January 1, 2018 1,039,030 Contributions (1) 331,987 Dividends credited 26,960 Vested (255,867 ) Forfeited (71,395 ) Unvested contributions, June 30, 2018 1,070,715 (1) The weighted average fair value of the shares contributed during the six months ended June 30, 2018 was $56 . RSUs/PSUs NUMBER OF RSUs/PSUs Outstanding, January 1, 2018 2,740,392 Granted (1) 958,411 Dividends credited 71,863 Settled (1,010,626 ) Forfeited (20,287 ) Outstanding, June 30, 2018 2,739,753 (1) The weighted average fair value of the RSUs/PSUs granted during the six months ended June 30, 2018 was $57 . DSUs NUMBER OF DSUs Outstanding, January 1, 2018 4,309,528 Issued (1) 69,659 Settlement of RSUs/PSUs 112,675 Dividends credited 116,172 Settled (181,645 ) Outstanding, June 30, 2018 4,426,389 (1) The weighted average fair value of the DSUs issued during the six months ended June 30, 2018 was $55 . STOCK OPTIONS NUMBER OF OPTIONS WEIGHTED AVERAGE EXERCISE PRICE ($) Outstanding, January 1, 2018 10,490,249 55 Granted 3,651,802 57 Exercised (1) (59,756 ) 39 Forfeited (4,641 ) 59 Outstanding, June 30, 2018 14,077,654 56 Exercisable, June 30, 2018 4,606,773 52 (1) The weighted average share price for options exercised during the six months ended June 30, 2018 was $ 56 . ASSUMPTIONS USED IN STOCK OPTION PRICING MODEL The fair value of options granted was determined using a variation of a binomial option pricing model that takes into account factors specific to the share incentive plans, such as the vesting period. The following table shows the principal assumptions used in the valuation. 2018 Weighted average fair value per option granted $2.13 Weighted average share price $57 Weighted average exercise price $57 Dividend yield 5 % Expected volatility 12 % Risk-free interest rate 2 % Expected life (years) 4 Expected volatilities are based on the historical volatility of BCE’s share price. The risk-free rate used is equal to the yield available on Government of Canada bonds at the date of grant with a term equal to the expected life of the options.

Adoption of IFRS 15

Adoption of IFRS 15	6 Months Ended
	Jun. 30, 2018
Disclosure of revenue from contracts with customers [Abstract]
Adoption of IFRS 15	Note 14 Adoption of IFRS 15 As a result of adopting IFRS 15, we have changed the comparative figures for the three and six months ended June 30, 2017 and the year ended December 31, 2017 . The impacts of adopting IFRS 15 on our previously reported results for the three and six months ended June 30, 2017 are provided below. The impacts of adopting IFRS 15 on our statement of financial position as at January 1, 2017 and December 31, 2017, our consolidated income statement and consolidated statement of cash flows for the year ended December 31, 2017, along with updated 2017 annual disclosures are included in Note 3, Adoption of IFRS 15, of our unaudited consolidated financial statements for the period ended March 31, 2018. Consolidated income statements The table below shows the impacts of adopting IFRS 15 on our previously reported consolidated income statements for the three and six months ended June 30, 2017 . THREE MONTHS ENDED JUNE 30, 2017 SIX MONTHS ENDED JUNE 30, 2017 (IN MILLIONS OF CANADIAN DOLLARS, EXCEPT SHARE AMOUNTS) 2017 as previously reported IFRS 15 impacts 2017 upon adoption of IFRS 15 2017 as previously reported IFRS 15 impacts 2017 upon adoption of IFRS 15 Operating revenues 5,699 (11 ) 5,688 11,083 (59 ) 11,024 Operating costs (3,318 ) 12 (3,306 ) (6,488 ) 12 (6,476 ) Severance, acquisition and other costs (36 ) — (36 ) (120 ) — (120 ) Depreciation (769 ) 2 (767 ) (1,491 ) — (1,491 ) Amortization (211 ) 1 (210 ) (396 ) 1 (395 ) Finance costs Interest expense (238 ) — (238 ) (472 ) — (472 ) Interest on post-employment benefit obligations (18 ) — (18 ) (36 ) — (36 ) Other (expense) income (1 ) — (1 ) 16 — 16 Income taxes (297 ) (1 ) (298 ) (560 ) 12 (548 ) Net earnings 811 3 814 1,536 (34 ) 1,502 Net earnings attributable to: Common shareholders 762 3 765 1,441 (34 ) 1,407 Preferred shareholders 32 — 32 63 — 63 Non-controlling interest 17 — 17 32 — 32 Net earnings 811 3 814 1,536 (34 ) 1,502 Net earnings per common share - basic and diluted 0.84 0.01 0.85 1.62 (0.04 ) 1.58 Average number of common shares outstanding - basic (millions) 900.1 — 900.1 888.0 — 888.0 Deficit The table below provides a reconciliation of our deficit at June 30, 2017 from amounts previously reported in 2017 to the amounts reported under IFRS 15. All amounts are after tax. AT JUNE 30, 2017 Total deficit as previously reported (6,466 ) Timing of revenue recognition 777 Cost to obtain a contract 251 Total deficit upon adoption of IFRS 15 (5,438 ) Consolidated statement of cash flows The table below shows the impacts of adopting IFRS 15 on select line items of our previously reported 2017 statement of cash flows for the three and six months ended June 30, 2017. THREE MONTHS ENDED JUNE 30, 2017 SIX MONTHS ENDED JUNE 30, 2017 2017 as previously reported IFRS 15 impacts 2017 upon adoption of IFRS 15 2017 as previously reported IFRS 15 impacts 2017 upon adoption of IFRS 15 Cash flows from operating activities Net earnings 811 3 814 1,536 (34 ) 1,502 Depreciation and amortization 980 (3 ) 977 1,887 (1 ) 1,886 Income taxes 297 1 298 560 (12 ) 548 Net change in operating assets and liabilities 242 (1 ) 241 8 47 55 Cash flows from operating activities 2,154 — 2,154 3,467 — 3,467

Basis of presentation and sig22

Basis of presentation and significant accounting policies (Policies)	6 Months Ended
	Jun. 30, 2018
Accounting Policies, Changes In Accounting Estimates And Errors [Abstract]
Adoption of new accounting standards	Adoption of new accounting standards As required, effective January 1, 2018, we adopted the following new accounting standards. IFRS 15 We applied IFRS 15, Revenue from Contracts with Customers, retrospectively to each prior reporting period presented. IFRS 15 establishes principles to record revenues from contracts for the sale of products or services, unless the contracts are in the scope of other IFRSs. IFRS 15 principally affects the timing of revenue recognition and how we classify revenues between product and service in our Bell Wireless segment. IFRS 15 also affects how we account for costs to obtain a contract. • Under multiple-element arrangements, revenue allocated to a satisfied performance obligation is no longer limited to the amount that is not contingent upon the satisfaction of additional performance obligations. Although the total revenue recognized during the term of a contract is largely unaffected, revenue recognition may be accelerated and reflected ahead of the associated cash inflows. This results in the recognition of a contract asset on the balance sheet, corresponding to the amount of revenue recognized and not yet billed to a customer. The contract asset is realized over the term of the customer contract. • As revenues allocated to a satisfied performance obligation are no longer limited to the non-contingent amount, a greater proportion of the total revenue recognized during the term of certain customer contracts may be attributed to a delivered product, resulting in a corresponding decrease in service revenue • Sales commissions and any other incremental costs of obtaining a contract with a customer are recognized on the statement of financial position and amortized on a systematic basis that is consistent with the period and pattern of transfer to the customer of the related products or services, except as noted below Under IFRS 15, we apply the following practical expedients. • Completed contracts that begin and end within the same annual reporting period and those completed before January 1, 2017 are not restated • Contracts modified prior to January 1, 2017 are not restated. The aggregate effect of these modifications is reflected when identifying the satisfied and unsatisfied performance obligations, determining the transaction price and allocating the transaction price to the satisfied and unsatisfied performance obligations. • When our right to consideration from a customer corresponds directly with the value to the customer of the products and services transferred to date, we recognize revenue in the amount to which we have a right to invoice. For such contracts and for performance obligations that are part of a contract that has an original expected duration of one year or less, the transaction price amount allocated to the remaining performance obligations and an explanation of when we expect to recognise that amount as revenue are not disclosed. • Costs of obtaining a contract that would be amortized within one year or less are immediately expensed IFRS 9 We applied IFRS 9, Financial Instruments (as revised in July 2014) and the related consequential amendments to other IFRSs retrospectively, except for the changes to hedge accounting described below which are applied prospectively. In accordance with the transition requirements, comparative periods have not been restated. The adoption of IFRS 9 did not have a significant impact on the carrying amounts of our financial instruments as at January 1, 2018. As a result of the adoption of IFRS 9, our January 1, 2018 deficit increased by $4 million . IFRS 9 replaces the classification and measurement models in IAS 39, Financial Instruments: Recognition and Measurement, with a single model under which financial assets are classified and measured at amortized cost, fair value through other comprehensive income (FVOCI) or fair value through profit or loss (FVTPL). This classification is based on the business model in which a financial asset is managed and its contractual cash flow characteristics and eliminates the IAS 39 categories of held-to-maturity, loans and receivables and available-for-sale. The adoption of IFRS 9 did not, however, change the measurement bases of our financial assets. • Cash and cash equivalents and derivative instruments measured at FVTPL under IAS 39 continue to be measured as such under IFRS 9 • Portfolio investments in equity securities and certain derivative instruments that qualify for cash flow hedge accounting measured at FVOCI under IAS 39 continue to be measured as such under IFRS 9 • Trade and other receivables continue to be measured at amortized cost under IFRS 9 The impairment of financial assets under IFRS 9 is based on an expected credit loss (ECL) model, as opposed to the incurred loss model in IAS 39. IFRS 9 applies to financial assets measured at amortized cost and contract assets and requires that we consider factors that include historical, current and forward-looking information when measuring the ECL. We use the simplified approach for measuring losses based on the lifetime ECL for trade receivables and contract assets. Amounts considered uncollectible are written off and recognized in Operating costs in the income statement. We have adopted the general hedge accounting model in IFRS 9 which requires that we ensure hedge accounting relationships are consistent with our risk management objectives and strategies. We also apply a more qualitative and forward-looking approach in assessing hedge effectiveness as a retrospective assessment is no longer required. • Under IFRS 9, amounts related to cash flow hedges of anticipated purchases of non-financial assets settled during the period are reclassified from Accumulated other comprehensive income to the initial cost of the non-financial asset when it is recognized. Under IAS 39, such amounts were reclassified from Other comprehensive income. Amounts related to cash flow hedges of other anticipated purchases continue to be reclassified from Other comprehensive income to net earnings under IFRS 9. The table below shows the impacts of adopting IFRS 15 on our previously reported consolidated income statements for the three and six months ended June 30, 2017 . THREE MONTHS ENDED JUNE 30, 2017 SIX MONTHS ENDED JUNE 30, 2017 (IN MILLIONS OF CANADIAN DOLLARS, EXCEPT SHARE AMOUNTS) 2017 as previously reported IFRS 15 impacts 2017 upon adoption of IFRS 15 2017 as previously reported IFRS 15 impacts 2017 upon adoption of IFRS 15 Operating revenues 5,699 (11 ) 5,688 11,083 (59 ) 11,024 Operating costs (3,318 ) 12 (3,306 ) (6,488 ) 12 (6,476 ) Severance, acquisition and other costs (36 ) — (36 ) (120 ) — (120 ) Depreciation (769 ) 2 (767 ) (1,491 ) — (1,491 ) Amortization (211 ) 1 (210 ) (396 ) 1 (395 ) Finance costs Interest expense (238 ) — (238 ) (472 ) — (472 ) Interest on post-employment benefit obligations (18 ) — (18 ) (36 ) — (36 ) Other (expense) income (1 ) — (1 ) 16 — 16 Income taxes (297 ) (1 ) (298 ) (560 ) 12 (548 ) Net earnings 811 3 814 1,536 (34 ) 1,502 Net earnings attributable to: Common shareholders 762 3 765 1,441 (34 ) 1,407 Preferred shareholders 32 — 32 63 — 63 Non-controlling interest 17 — 17 32 — 32 Net earnings 811 3 814 1,536 (34 ) 1,502 Net earnings per common share - basic and diluted 0.84 0.01 0.85 1.62 (0.04 ) 1.58 Average number of common shares outstanding - basic (millions) 900.1 — 900.1 888.0 — 888.0 The table below shows the impacts of adopting IFRS 15 on select line items of our previously reported 2017 statement of cash flows for the three and six months ended June 30, 2017. THREE MONTHS ENDED JUNE 30, 2017 SIX MONTHS ENDED JUNE 30, 2017 2017 as previously reported IFRS 15 impacts 2017 upon adoption of IFRS 15 2017 as previously reported IFRS 15 impacts 2017 upon adoption of IFRS 15 Cash flows from operating activities Net earnings 811 3 814 1,536 (34 ) 1,502 Depreciation and amortization 980 (3 ) 977 1,887 (1 ) 1,886 Income taxes 297 1 298 560 (12 ) 548 Net change in operating assets and liabilities 242 (1 ) 241 8 47 55 Cash flows from operating activities 2,154 — 2,154 3,467 — 3,467
Future changes to accounting standards	Future changes to accounting standards As outlined in Note 2, Significant accounting policies in our consolidated financial statements for the year ended December 31, 2017, the IASB issued IFRS 16 - Leases with an effective date of January 1, 2019. We continue to make progress towards adoption of IFRS 16 according to our detailed implementation plan. It is not yet possible to make a reliable estimate of the impact of the new standard on our financial statements. We will adopt IFRS 16 on January 1, 2019, using a modified retrospective approach.

Business acquisitions and dis23

Business acquisitions and dispositions (Tables)	6 Months Ended
	Jun. 30, 2018
Business Combinations1 [Abstract]
Disclosure of detailed information about business combinations	The following table summarizes the fair value of the consideration paid and the fair value assigned to each major class of assets and liabilities. TOTAL Cash consideration 181 Issuance of 22,531 BCE common shares (1) 1 Total cost to be allocated 182 Assets held for sale (2) 68 Property, plant and equipment 8 Finite-life intangible assets (3) 34 Indefinite-life intangible assets 1 Deferred tax liabilities (7 ) Other non-current liabilities (1 ) 103 Cash and cash equivalents 4 Fair value of net assets acquired 107 Goodwill (4) 75 (1) Recorded at fair value based on the market price of BCE common shares on the acquisition date. (2) Consists mainly of customer relationships recorded at fair value less costs to sell. (3) Consists mainly of customer relationships. (4) Goodwill arises principally from expected synergies and future growth and is not deductible for tax purposes. Goodwill arising from the transaction was allocated to our Bell Wireline group of CGUs.

Segmented information (Tables)

Segmented information (Tables)	6 Months Ended
	Jun. 30, 2018
Operating Segments [Abstract]
Segmented information	The following tables present financial information by segment for the three month periods ended June 30, 2018 and 2017 . FOR THE THREE MONTH PERIOD ENDED JUNE 30, 2018 NOTE BELL WIRELESS BELL WIRELINE BELL MEDIA INTER- SEGMENT ELIMINA- TIONS BCE Operating revenues External customers 2,032 3,077 677 — 5,786 Inter-segment 14 58 114 (186 ) — Total operating revenues 2,046 3,135 791 (186 ) 5,786 Operating costs 5 (1,142 ) (1,814 ) (586 ) 186 (3,356 ) Segment profit (1) 904 1,321 205 — 2,430 Severance, acquisition and other costs 6 (3 ) (13 ) (8 ) — (24 ) Depreciation and amortization (165 ) (803 ) (40 ) — (1,008 ) Finance costs Interest expense (246 ) Interest on post-employment benefit obligations 10 (17 ) Other expense 7 (88 ) Income taxes (292 ) Net earnings 755 (1) The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs. FOR THE THREE MONTH PERIOD ENDED JUNE 30, 2017 NOTE BELL WIRELESS BELL WIRELINE BELL MEDIA INTER- SEGMENT ELIMINA- TIONS BCE Operating revenues External customers 1,938 3,067 683 — 5,688 Inter-segment 11 50 113 (174 ) — Total operating revenues 1,949 3,117 796 (174 ) 5,688 Operating costs 5 (1,098 ) (1,810 ) (572 ) 174 (3,306 ) Segment profit (1) 851 1,307 224 — 2,382 Severance, acquisition and other costs 6 — (35 ) (1 ) — (36 ) Depreciation and amortization (143 ) (796 ) (38 ) — (977 ) Finance costs Interest expense (238 ) Interest on post-employment benefit obligations 10 (18 ) Other expense 7 (1 ) Income taxes (298 ) Net earnings 814 (1) The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs. The following tables present financial information by segment for the six month periods ended June 30, 2018 and 2017 . FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2018 NOTE BELL WIRELESS BELL WIRELINE BELL MEDIA INTER- SEGMENT ELIMINA- TIONS BCE Operating revenues External customers 3,966 6,102 1,308 — 11,376 Inter-segment 26 117 232 (375 ) — Total operating revenues 3,992 6,219 1,540 (375 ) 11,376 Operating costs 5 (2,266 ) (3,596 ) (1,205 ) 375 (6,692 ) Segment profit (1) 1,726 2,623 335 — 4,684 Severance, acquisition and other costs 6 (6 ) (8 ) (10 ) — (24 ) Depreciation and amortization (325 ) (1,598 ) (77 ) — (2,000 ) Finance costs Interest expense (486 ) Interest on post-employment benefit obligations 10 (34 ) Other expense 7 (149 ) Income taxes (527 ) Net earnings 1,464 (1) The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs. FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2017 NOTE BELL WIRELESS BELL WIRELINE BELL MEDIA INTER- SEGMENT ELIMINA- TIONS BCE Operating revenues External customers 3,694 5,995 1,335 — 11,024 Inter-segment 22 99 212 (333 ) — Total operating revenues 3,716 6,094 1,547 (333 ) 11,024 Operating costs 5 (2,096 ) (3,524 ) (1,189 ) 333 (6,476 ) Segment profit (1) 1,620 2,570 358 — 4,548 Severance, acquisition and other costs 6 (5 ) (102 ) (13 ) — (120 ) Depreciation and amortization (281 ) (1,532 ) (73 ) — (1,886 ) Finance costs Interest expense (472 ) Interest on post-employment benefit obligations 10 (36 ) Other income 7 16 Income taxes (548 ) Net earnings 1,502 (1) The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs.
Revenues by services and products	Revenues by services and products THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 2018 2017 2018 2017 Services (1) Wireless 1,562 1,508 3,062 2,923 Data 1,869 1,812 3,689 3,531 Voice 957 1,020 1,907 2,001 Media 677 683 1,308 1,335 Other services 64 55 127 99 Total services 5,129 5,078 10,093 9,889 Products (2) Wireless 470 430 904 771 Data 98 95 202 194 Equipment and other 89 85 177 170 Total products 657 610 1,283 1,135 Total operating revenues 5,786 5,688 11,376 11,024 (1) Our service revenues are generally recognized over time. (2) Our product revenues are generally recognized at a point in time.

Operating costs (Tables)

Operating costs (Tables)	6 Months Ended
	Jun. 30, 2018
Analysis of income and expense [abstract]
Disclosure of operating costs	THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 NOTE 2018 2017 2018 2017 Labour costs Wages, salaries and related taxes and benefits (1,090 ) (1,072 ) (2,148 ) (2,075 ) Post-employment benefit plans service cost (net of capitalized amounts) 10 (63 ) (64 ) (136 ) (114 ) Other labour costs (1) (262 ) (264 ) (510 ) (517 ) Less: Capitalized labour 288 268 543 513 Total labour costs (1,127 ) (1,132 ) (2,251 ) (2,193 ) Cost of revenues (2) (1,720 ) (1,678 ) (3,430 ) (3,305 ) Other operating costs (3) (509 ) (496 ) (1,011 ) (978 ) Total operating costs (3,356 ) (3,306 ) (6,692 ) (6,476 ) (1) Other labour costs include contractor and outsourcing costs. (2) Cost of revenues includes costs of wireless devices and other equipment sold, network and content costs, and payments to other carriers. (3) Other operating costs include marketing, advertising and sales commission costs, bad debt expense, taxes other than income taxes, IT costs, professional service fees and rent.

Severance, acquisition and ot26

Severance, acquisition and other costs (Tables)	6 Months Ended
	Jun. 30, 2018
Analysis of income and expense [abstract]
Disclosure of severance, acquisition and other costs	THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 2018 2017 2018 2017 Severance (15 ) (16 ) (24 ) (47 ) Acquisition and other (9 ) (20 ) — (73 ) Total severance, acquisition and other costs (24 ) (36 ) (24 ) (120 )

Other (expense) income (Tables)

Other (expense) income (Tables)	6 Months Ended
	Jun. 30, 2018
Analysis of income and expense [abstract]
Schedule of other income	THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 NOTE 2018 2017 2018 2017 Net mark-to-market (losses) gains on derivatives used to economically hedge equity settled share-based compensation plans (1) (30 ) 1 (107 ) 25 Equity (losses) income from investments in associates and joint ventures Losses on investments (2) (20 ) — (20 ) (2 ) Operations (20 ) 12 (3 ) 31 Early debt redemption costs 9 (18 ) (4 ) (18 ) (4 ) Impairment of assets — — (4 ) — Losses on retirements and disposals of property, plant and equipment and intangible assets (2 ) (9 ) (1 ) (26 ) Losses on investments — — — (12 ) Other (1) 2 (1 ) 4 4 Total other (expense) income (88 ) (1 ) (149 ) 16 (1) We have reclassified amounts from the previous period to make them consistent with the presentation for the current period. (2) The $20 million loss in 2018 represents BCE's share of an obligation to repurchase at fair value the minority interest in one of BCE's joint ventures. The obligation is marked to market each reporting period and the gain or loss on investment is recorded as equity gains or losses from investments in associates and joint ventures.

Earnings per share (Tables)

Earnings per share (Tables)	6 Months Ended
	Jun. 30, 2018
Earnings per share [abstract]
Schedule of components used in calculation of basic and diluted earnings per share	The following table shows the components used in the calculation of basic and diluted earnings per common share for earnings attributable to common shareholders. THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 2018 2017 2018 2017 Net earnings attributable to common shareholders - basic 704 765 1,365 1,407 Dividends declared per common share (in dollars) 0.7550 0.7175 1.5100 1.4350 Weighted average number of common shares outstanding (in millions) Weighted average number of common shares outstanding - basic 898.0 900.1 899.1 888.0 Assumed exercise of stock options (1) 0.3 0.9 0.3 0.8 Weighted average number of common shares outstanding - diluted (in millions) 898.3 901.0 899.4 888.8 (1) The calculation of the assumed exercise of stock options includes the effect of the average unrecognized future compensation cost of dilutive options. It excludes options for which the exercise price is higher than the average market value of a BCE common share. The number of excluded options was 12,050,731 for both the second quarter of 2018 and for the first half of 2018, compared to 31,722 for the second quarter of 2017 and 5,803,983 for the first half of 2017.

Post-employee benefit plans (Ta

Post-employee benefit plans (Tables)	6 Months Ended
	Jun. 30, 2018
Employee Benefits [Abstract]
Components of post-employment benefit plans service cost	COMPONENTS OF POST-EMPLOYMENT BENEFIT PLANS SERVICE COST THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 2018 2017 2018 2017 DB pension (53 ) (53 ) (106 ) (101 ) DC pension (24 ) (24 ) (57 ) (55 ) OPEBs (1 ) (1 ) (2 ) (3 ) Plan amendment gain on OPEBs — — — 16 Less: Capitalized benefit plans cost 15 14 29 29 Total post-employment benefit plans service cost included in operating costs (63 ) (64 ) (136 ) (114 ) Other costs recognized in severance, acquisition and other costs — (4 ) (4 ) (4 ) Total post-employment benefit plans service cost (63 ) (68 ) (140 ) (118 )
Components of post-employment benefit plans financing cost	COMPONENTS OF POST-EMPLOYMENT BENEFIT PLANS FINANCING COST THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 2018 2017 2018 2017 DB pension (5 ) (5 ) (11 ) (9 ) OPEBs (12 ) (13 ) (23 ) (27 ) Total interest on post-employment benefit obligations (17 ) (18 ) (34 ) (36 )

Financial assets and liabilit30

Financial assets and liabilities (Tables)	6 Months Ended
	Jun. 30, 2018
Financial Instruments [Abstract]
Disclosure of financial liabilities	The following table provides the fair value details of financial instruments measured at amortized cost in the statements of financial position. JUNE 30, 2018 DECEMBER 31, 2017 CLASSIFICATION FAIR VALUE METHODOLOGY CARRYING VALUE FAIR VALUE CARRYING VALUE FAIR VALUE CRTC tangible benefits obligation Trade payables and other liabilities and non-current liabilities Present value of estimated future cash flows discounted using observable market interest rates 79 78 111 110 CRTC deferral account obligation Trade payables and other liabilities and non-current liabilities Present value of estimated future cash flows discounted using observable market interest rates 119 121 124 128 Debt securities, finance leases and other debt Debt due within one year and long-term debt Quoted market price of debt or present value of future cash flows discounted using observable market interest rates 19,868 21,490 19,321 21,298
Disclosure of fair value measurement of assets	The following table provides the fair value details of financial instruments measured at fair value in the statements of financial position. FAIR VALUE CLASSIFICATION CARRYING VALUE OF ASSET (LIABILITY) QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) OBSERVABLE MARKET DATA (LEVEL 2) (1) NON-OBSERVABLE MARKET INPUTS (LEVEL 3) (2) June 30, 2018 Publicly-traded and privately-held investments Other non-current assets 104 1 — 103 Derivative financial instruments Other current assets, trade payables and other liabilities, other non-current assets and liabilities (5 ) — (5 ) — Maple Leaf Sports & Entertainment Ltd. (MLSE) financial liability (3) Trade payables and other liabilities (135 ) — — (135 ) Other Other non-current assets and liabilities 70 — 116 (46 ) December 31, 2017 Publicly-traded and privately-held investments Other non-current assets 103 1 — 102 Derivative financial instruments Other current assets, trade payables and other liabilities, other non-current assets and liabilities (48 ) — (48 ) — MLSE financial liability (3) Trade payables and other liabilities (135 ) — — (135 ) Other Other non-current assets and liabilities 60 — 106 (46 ) (1) Observable market data such as equity prices, interest rates, swap rate curves and foreign currency exchange rates. (2) Non-observable market inputs such as discounted cash flows and earnings multiples. A reasonable change in our assumptions would not result in a significant increase (decrease) to our level 3 financial instruments. (3) Represents BCE’s obligation to repurchase the BCE Master Trust Fund's (Master Trust) 9% interest in MLSE at a price not less than an agreed minimum price should the Master Trust exercise its put option. The obligation to repurchase is marked to market each reporting period and the gain or loss is recorded in Other (expense) income in the income statements.
Disclosure of fair value measurement of liabilities	The following table provides the fair value details of financial instruments measured at fair value in the statements of financial position. FAIR VALUE CLASSIFICATION CARRYING VALUE OF ASSET (LIABILITY) QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) OBSERVABLE MARKET DATA (LEVEL 2) (1) NON-OBSERVABLE MARKET INPUTS (LEVEL 3) (2) June 30, 2018 Publicly-traded and privately-held investments Other non-current assets 104 1 — 103 Derivative financial instruments Other current assets, trade payables and other liabilities, other non-current assets and liabilities (5 ) — (5 ) — Maple Leaf Sports & Entertainment Ltd. (MLSE) financial liability (3) Trade payables and other liabilities (135 ) — — (135 ) Other Other non-current assets and liabilities 70 — 116 (46 ) December 31, 2017 Publicly-traded and privately-held investments Other non-current assets 103 1 — 102 Derivative financial instruments Other current assets, trade payables and other liabilities, other non-current assets and liabilities (48 ) — (48 ) — MLSE financial liability (3) Trade payables and other liabilities (135 ) — — (135 ) Other Other non-current assets and liabilities 60 — 106 (46 ) (1) Observable market data such as equity prices, interest rates, swap rate curves and foreign currency exchange rates. (2) Non-observable market inputs such as discounted cash flows and earnings multiples. A reasonable change in our assumptions would not result in a significant increase (decrease) to our level 3 financial instruments. (3) Represents BCE’s obligation to repurchase the BCE Master Trust Fund's (Master Trust) 9% interest in MLSE at a price not less than an agreed minimum price should the Master Trust exercise its put option. The obligation to repurchase is marked to market each reporting period and the gain or loss is recorded in Other (expense) income in the income statements.
Disclosure of detailed information about hedged items	The following table provides further details on our outstanding foreign currency forward contracts and options as at June 30, 2018 . TYPE OF HEDGE BUY CURRENCY AMOUNT TO RECEIVE SELL CURRENCY AMOUNT TO PAY MATURITY HEDGED ITEM Cash flow USD 2,499 CAD 3,244 2018 Commercial paper Cash flow USD 450 CAD 584 2018 Anticipated transactions Cash flow CAD 46 USD 36 2018-2019 Anticipated transactions Cash flow USD 775 CAD 968 2019 Anticipated transactions Cash flow USD 76 CAD 96 2020-2021 Anticipated transactions Economic USD 19 CAD 24 2018 Anticipated transactions Economic - call options USD 33 CAD 41 2018 Anticipated transactions Economic - put options USD 99 CAD 119 2018 Anticipated transactions
Disclosure of detailed information about hedging instruments	The following table provides further details on our outstanding foreign currency forward contracts and options as at June 30, 2018 . TYPE OF HEDGE BUY CURRENCY AMOUNT TO RECEIVE SELL CURRENCY AMOUNT TO PAY MATURITY HEDGED ITEM Cash flow USD 2,499 CAD 3,244 2018 Commercial paper Cash flow USD 450 CAD 584 2018 Anticipated transactions Cash flow CAD 46 USD 36 2018-2019 Anticipated transactions Cash flow USD 775 CAD 968 2019 Anticipated transactions Cash flow USD 76 CAD 96 2020-2021 Anticipated transactions Economic USD 19 CAD 24 2018 Anticipated transactions Economic - call options USD 33 CAD 41 2018 Anticipated transactions Economic - put options USD 99 CAD 119 2018 Anticipated transactions

Share-based payments (Tables)

Share-based payments (Tables)	6 Months Ended
	Jun. 30, 2018
Share-based Payment Arrangements [Abstract]
Explanation of effect of share-based payments on entity's profit or loss	The following share-based payment amounts are included in the income statements as operating costs. THREE MONTHS SIX MONTHS FOR THE PERIOD ENDED JUNE 30 2018 2017 2018 2017 Employee savings plan (ESP) (7 ) (7 ) (14 ) (14 ) Restricted share units (RSUs) and performance share units (PSUs) (11 ) (10 ) (30 ) (27 ) Other (1) (2 ) (2 ) (6 ) (5 ) Total share-based payments (20 ) (19 ) (50 ) (46 ) (1) Includes deferred share plan (DSP), deferred share units (DSUs) and stock options.
Disclosure of number and weighted average exercise prices of other equity instruments	DSUs NUMBER OF DSUs Outstanding, January 1, 2018 4,309,528 Issued (1) 69,659 Settlement of RSUs/PSUs 112,675 Dividends credited 116,172 Settled (181,645 ) Outstanding, June 30, 2018 4,426,389 (1) The weighted average fair value of the DSUs issued during the six months ended June 30, 2018 was $55 . ESP NUMBER OF ESP SHARES Unvested contributions, January 1, 2018 1,039,030 Contributions (1) 331,987 Dividends credited 26,960 Vested (255,867 ) Forfeited (71,395 ) Unvested contributions, June 30, 2018 1,070,715 (1) The weighted average fair value of the shares contributed during the six months ended June 30, 2018 was $56 RSUs/PSUs NUMBER OF RSUs/PSUs Outstanding, January 1, 2018 2,740,392 Granted (1) 958,411 Dividends credited 71,863 Settled (1,010,626 ) Forfeited (20,287 ) Outstanding, June 30, 2018 2,739,753 (1) The weighted average fair value of the RSUs/PSUs granted during the six months ended June 30, 2018 was $57
Disclosure of number and weighted average exercise prices of share options	STOCK OPTIONS NUMBER OF OPTIONS WEIGHTED AVERAGE EXERCISE PRICE ($) Outstanding, January 1, 2018 10,490,249 55 Granted 3,651,802 57 Exercised (1) (59,756 ) 39 Forfeited (4,641 ) 59 Outstanding, June 30, 2018 14,077,654 56 Exercisable, June 30, 2018 4,606,773 52 (1) The weighted average share price for options exercised during the six months ended June 30, 2018 was $ 56
Disclosure of indirect measurement of fair value of goods or services received, share options granted during period	The following table shows the principal assumptions used in the valuation. 2018 Weighted average fair value per option granted $2.13 Weighted average share price $57 Weighted average exercise price $57 Dividend yield 5 % Expected volatility 12 % Risk-free interest rate 2 % Expected life (years) 4

Adoption of IFRS 15 (Tables)

Adoption of IFRS 15 (Tables)	6 Months Ended
	Jun. 30, 2018
Disclosure of revenue from contracts with customers [Abstract]
Adoption of new accounting standards	Adoption of new accounting standards As required, effective January 1, 2018, we adopted the following new accounting standards. IFRS 15 We applied IFRS 15, Revenue from Contracts with Customers, retrospectively to each prior reporting period presented. IFRS 15 establishes principles to record revenues from contracts for the sale of products or services, unless the contracts are in the scope of other IFRSs. IFRS 15 principally affects the timing of revenue recognition and how we classify revenues between product and service in our Bell Wireless segment. IFRS 15 also affects how we account for costs to obtain a contract. • Under multiple-element arrangements, revenue allocated to a satisfied performance obligation is no longer limited to the amount that is not contingent upon the satisfaction of additional performance obligations. Although the total revenue recognized during the term of a contract is largely unaffected, revenue recognition may be accelerated and reflected ahead of the associated cash inflows. This results in the recognition of a contract asset on the balance sheet, corresponding to the amount of revenue recognized and not yet billed to a customer. The contract asset is realized over the term of the customer contract. • As revenues allocated to a satisfied performance obligation are no longer limited to the non-contingent amount, a greater proportion of the total revenue recognized during the term of certain customer contracts may be attributed to a delivered product, resulting in a corresponding decrease in service revenue • Sales commissions and any other incremental costs of obtaining a contract with a customer are recognized on the statement of financial position and amortized on a systematic basis that is consistent with the period and pattern of transfer to the customer of the related products or services, except as noted below Under IFRS 15, we apply the following practical expedients. • Completed contracts that begin and end within the same annual reporting period and those completed before January 1, 2017 are not restated • Contracts modified prior to January 1, 2017 are not restated. The aggregate effect of these modifications is reflected when identifying the satisfied and unsatisfied performance obligations, determining the transaction price and allocating the transaction price to the satisfied and unsatisfied performance obligations. • When our right to consideration from a customer corresponds directly with the value to the customer of the products and services transferred to date, we recognize revenue in the amount to which we have a right to invoice. For such contracts and for performance obligations that are part of a contract that has an original expected duration of one year or less, the transaction price amount allocated to the remaining performance obligations and an explanation of when we expect to recognise that amount as revenue are not disclosed. • Costs of obtaining a contract that would be amortized within one year or less are immediately expensed IFRS 9 We applied IFRS 9, Financial Instruments (as revised in July 2014) and the related consequential amendments to other IFRSs retrospectively, except for the changes to hedge accounting described below which are applied prospectively. In accordance with the transition requirements, comparative periods have not been restated. The adoption of IFRS 9 did not have a significant impact on the carrying amounts of our financial instruments as at January 1, 2018. As a result of the adoption of IFRS 9, our January 1, 2018 deficit increased by $4 million . IFRS 9 replaces the classification and measurement models in IAS 39, Financial Instruments: Recognition and Measurement, with a single model under which financial assets are classified and measured at amortized cost, fair value through other comprehensive income (FVOCI) or fair value through profit or loss (FVTPL). This classification is based on the business model in which a financial asset is managed and its contractual cash flow characteristics and eliminates the IAS 39 categories of held-to-maturity, loans and receivables and available-for-sale. The adoption of IFRS 9 did not, however, change the measurement bases of our financial assets. • Cash and cash equivalents and derivative instruments measured at FVTPL under IAS 39 continue to be measured as such under IFRS 9 • Portfolio investments in equity securities and certain derivative instruments that qualify for cash flow hedge accounting measured at FVOCI under IAS 39 continue to be measured as such under IFRS 9 • Trade and other receivables continue to be measured at amortized cost under IFRS 9 The impairment of financial assets under IFRS 9 is based on an expected credit loss (ECL) model, as opposed to the incurred loss model in IAS 39. IFRS 9 applies to financial assets measured at amortized cost and contract assets and requires that we consider factors that include historical, current and forward-looking information when measuring the ECL. We use the simplified approach for measuring losses based on the lifetime ECL for trade receivables and contract assets. Amounts considered uncollectible are written off and recognized in Operating costs in the income statement. We have adopted the general hedge accounting model in IFRS 9 which requires that we ensure hedge accounting relationships are consistent with our risk management objectives and strategies. We also apply a more qualitative and forward-looking approach in assessing hedge effectiveness as a retrospective assessment is no longer required. • Under IFRS 9, amounts related to cash flow hedges of anticipated purchases of non-financial assets settled during the period are reclassified from Accumulated other comprehensive income to the initial cost of the non-financial asset when it is recognized. Under IAS 39, such amounts were reclassified from Other comprehensive income. Amounts related to cash flow hedges of other anticipated purchases continue to be reclassified from Other comprehensive income to net earnings under IFRS 9. The table below shows the impacts of adopting IFRS 15 on our previously reported consolidated income statements for the three and six months ended June 30, 2017 . THREE MONTHS ENDED JUNE 30, 2017 SIX MONTHS ENDED JUNE 30, 2017 (IN MILLIONS OF CANADIAN DOLLARS, EXCEPT SHARE AMOUNTS) 2017 as previously reported IFRS 15 impacts 2017 upon adoption of IFRS 15 2017 as previously reported IFRS 15 impacts 2017 upon adoption of IFRS 15 Operating revenues 5,699 (11 ) 5,688 11,083 (59 ) 11,024 Operating costs (3,318 ) 12 (3,306 ) (6,488 ) 12 (6,476 ) Severance, acquisition and other costs (36 ) — (36 ) (120 ) — (120 ) Depreciation (769 ) 2 (767 ) (1,491 ) — (1,491 ) Amortization (211 ) 1 (210 ) (396 ) 1 (395 ) Finance costs Interest expense (238 ) — (238 ) (472 ) — (472 ) Interest on post-employment benefit obligations (18 ) — (18 ) (36 ) — (36 ) Other (expense) income (1 ) — (1 ) 16 — 16 Income taxes (297 ) (1 ) (298 ) (560 ) 12 (548 ) Net earnings 811 3 814 1,536 (34 ) 1,502 Net earnings attributable to: Common shareholders 762 3 765 1,441 (34 ) 1,407 Preferred shareholders 32 — 32 63 — 63 Non-controlling interest 17 — 17 32 — 32 Net earnings 811 3 814 1,536 (34 ) 1,502 Net earnings per common share - basic and diluted 0.84 0.01 0.85 1.62 (0.04 ) 1.58 Average number of common shares outstanding - basic (millions) 900.1 — 900.1 888.0 — 888.0 The table below shows the impacts of adopting IFRS 15 on select line items of our previously reported 2017 statement of cash flows for the three and six months ended June 30, 2017. THREE MONTHS ENDED JUNE 30, 2017 SIX MONTHS ENDED JUNE 30, 2017 2017 as previously reported IFRS 15 impacts 2017 upon adoption of IFRS 15 2017 as previously reported IFRS 15 impacts 2017 upon adoption of IFRS 15 Cash flows from operating activities Net earnings 811 3 814 1,536 (34 ) 1,502 Depreciation and amortization 980 (3 ) 977 1,887 (1 ) 1,886 Income taxes 297 1 298 560 (12 ) 548 Net change in operating assets and liabilities 242 (1 ) 241 8 47 55 Cash flows from operating activities 2,154 — 2,154 3,467 — 3,467
Disclosure of disaggregation of revenue from contracts with customers	The table below provides a reconciliation of our deficit at June 30, 2017 from amounts previously reported in 2017 to the amounts reported under IFRS 15. All amounts are after tax. AT JUNE 30, 2017 Total deficit as previously reported (6,466 ) Timing of revenue recognition 777 Cost to obtain a contract 251 Total deficit upon adoption of IFRS 15 (5,438 )

Basis of presentation and sig33

Basis of presentation and significant accounting policies (Details) $ in Millions	Jan. 01, 2018CAD ($)
IFRS 9
Disclosure of expected impact of initial application of new standards or interpretations [line items]
Increase through appropriation of deficit	$ 4

Business acquisitions and dis34

Business acquisitions and dispositions - Acquisiton of AlarmForce Industries Inc. Narrative (Details) customer in Thousands, $ in Millions	Jan. 05, 2018CAD ($)sharescustomer	Jun. 30, 2018CAD ($)	Jun. 30, 2017CAD ($)	Jun. 30, 2018CAD ($)	Jun. 30, 2017CAD ($)
Disclosure of detailed information about business combination [line items]
Disposition of intangibles and other assets		$ 0	$ 323	$ 68	$ 323
AlarmForce
Disclosure of detailed information about business combination [line items]
Consideration transferred, acquisition-date fair value	$ 182
Cash consideration	181
Equity interests of acquirer	$ 1
Number of shares transferred (in shares) | shares	22,531
Revenue of acquiree since acquisition date				26
Profit (loss) of acquiree since acquisition date				$ 2
Customer accounts | AlarmForce
Disclosure of detailed information about business combination [line items]
Number of customer accounts | customer	39
Disposition of intangibles and other assets	$ 68

Business acquisitions and dis35

Business acquisitions and dispositions - Summary of Acquisition of AlarmForce Industries Inc. (Details) - CAD ($) $ in Millions	Jun. 30, 2018	Jan. 05, 2018	Dec. 31, 2017
Disclosure of detailed information about business combination [line items]
Goodwill	$ 10,568		$ 10,428
AlarmForce
Disclosure of detailed information about business combination [line items]
Cash consideration		$ 181
Issuance of 22,531 BCE common shares		1
Total cost to be allocated		182
Assets held for sale		68
Property, plant and equipment		8
Finite-life intangible assets		34
Indefinite-life intangible assets		1
Deferred tax liabilities		(7)
Other non-current liabilities		(1)
Total costs to be allocated, excluding cash and cash equivalents and goodwill		103
Cash and cash equivalents		4
Fair value of net assets acquired		107
Goodwill		$ 75

Business acquisitions and dis36

Business acquisitions and dispositions - Future Business Acquisitions (Details) $ in Millions	Aug. 31, 2018CAD ($)
Major business combination
Disclosure of detailed information about business combination [line items]
Consideration transferred, acquisition-date fair value	$ 152

Business acquisitions and dis37

Business acquisitions and dispositions - Acquisition of MTS Narrative (Details) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018CAD ($)	Jun. 30, 2017CAD ($)location	Jun. 30, 2018CAD ($)	Jun. 30, 2017CAD ($)	Mar. 17, 2017CAD ($)shares
Disclosure of detailed information about business combination [line items]
Revenue of combined entity as if combination occurred at beginning of period				$ 11,217
Profit (loss) of combined entity as if combination occurred at beginning of period				1,513
Percentage of postpaid subscribers sold		25.00%
Number of retail locations sold | location		15
Proceeds from divestiture of businesses	$ 0	$ 323	$ 68	323
MTS
Disclosure of detailed information about business combination [line items]
Total consideration					$ 2,933
Cash consideration					1,339
Stock transferred					$ 1,594
Number of shares transferred (in shares) | shares					27.6
Revenue of acquiree since acquisition date				271
Profit (loss) of acquiree since acquisition date				$ 38

Business acquisitions and dis38

Business acquisitions and dispositions - Acquisition of Cieslok Media Ltd. Narrative (Details) $ in Millions	Jan. 03, 2017CAD ($)
Cieslok Media
Disclosure of detailed information about business combination [line items]
Cash consideration	$ 161

Segmented information - Segment

Segmented information - Segmented Information (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018CAD ($)	Jun. 30, 2017CAD ($)	Jun. 30, 2018CAD ($)segment	Jun. 30, 2017CAD ($)
Operating Segments [Abstract]
Number of operating segments | segment			3
Disclosure of operating segments [line items]
Operating revenues	$ 5,786	$ 5,688	$ 11,376	$ 11,024
Operating costs	(3,356)	(3,306)	(6,692)	(6,476)
Segment profit	2,430	2,382	4,684	4,548
Severance, acquisition and other costs	(24)	(36)	(24)	(120)
Depreciation and amortization	(1,008)	(977)	(2,000)	(1,886)
Interest expense	(246)	(238)	(486)	(472)
Interest on post-employment benefit obligations	(17)	(18)	(34)	(36)
Other income (expense)	(88)	(1)	(149)	16
Income taxes	(292)	(298)	(527)	(548)
Net earnings	755	814	1,464	1,502
BELL WIRELESS
Disclosure of operating segments [line items]
Operating revenues	2,032	1,938	3,966	3,694
Severance, acquisition and other costs	(3)	0	(6)	(5)
Depreciation and amortization	(165)	(143)	(325)	(281)
BELL WIRELINE
Disclosure of operating segments [line items]
Operating revenues	3,077	3,067	6,102	5,995
Severance, acquisition and other costs	(13)	(35)	(8)	(102)
Depreciation and amortization	(803)	(796)	(1,598)	(1,532)
BELL MEDIA
Disclosure of operating segments [line items]
Operating revenues	677	683	1,308	1,335
Severance, acquisition and other costs	(8)	(1)	(10)	(13)
Depreciation and amortization	(40)	(38)	(77)	(73)
Operating segments | BELL WIRELESS
Disclosure of operating segments [line items]
Operating revenues	2,046	1,949	3,992	3,716
Operating costs	(1,142)	(1,098)	(2,266)	(2,096)
Segment profit	904	851	1,726	1,620
Operating segments | BELL WIRELINE
Disclosure of operating segments [line items]
Operating revenues	3,135	3,117	6,219	6,094
Operating costs	(1,814)	(1,810)	(3,596)	(3,524)
Segment profit	1,321	1,307	2,623	2,570
Operating segments | BELL MEDIA
Disclosure of operating segments [line items]
Operating revenues	791	796	1,540	1,547
Operating costs	(586)	(572)	(1,205)	(1,189)
Segment profit	205	224	335	358
Intersegment eliminations
Disclosure of operating segments [line items]
Operating revenues	(186)	(174)	(375)	(333)
Operating costs	186	174	375	333
Intersegment eliminations | BELL WIRELESS
Disclosure of operating segments [line items]
Operating revenues	14	11	26	22
Intersegment eliminations | BELL WIRELINE
Disclosure of operating segments [line items]
Operating revenues	58	50	117	99
Intersegment eliminations | BELL MEDIA
Disclosure of operating segments [line items]
Operating revenues	$ 114	$ 113	$ 232	$ 212

Segmented information - Revenue

Segmented information - Revenue by Services and Products (Details) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Disclosure of products and services [line items]
Revenue from rendering of services	$ 5,129	$ 5,078	$ 10,093	$ 9,889
Revenue from sale of goods	657	610	1,283	1,135
Revenue	5,786	5,688	11,376	11,024
Wireless
Disclosure of products and services [line items]
Revenue from rendering of services	1,562	1,508	3,062	2,923
Revenue from sale of goods	470	430	904	771
Data
Disclosure of products and services [line items]
Revenue from rendering of services	1,869	1,812	3,689	3,531
Revenue from sale of goods	98	95	202	194
Voice
Disclosure of products and services [line items]
Revenue from rendering of services	957	1,020	1,907	2,001
Media
Disclosure of products and services [line items]
Revenue from rendering of services	677	683	1,308	1,335
Other services
Disclosure of products and services [line items]
Revenue from rendering of services	64	55	127	99
Equipment and other
Disclosure of products and services [line items]
Revenue from sale of goods	$ 89	$ 85	$ 177	$ 170

Operating costs (Details)

Operating costs (Details) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Labour costs
Wages, salaries and related taxes and benefits	$ (1,090)	$ (1,072)	$ (2,148)	$ (2,075)
Post-employment benefit plans service cost (net of capitalized amounts)	(63)	(64)	(136)	(114)
Other employee expense	(262)	(264)	(510)	(517)
Less:
Capitalized labour	288	268	543	513
Total labour costs	(1,127)	(1,132)	(2,251)	(2,193)
Cost of revenues	(1,720)	(1,678)	(3,430)	(3,305)
Other operating costs	(509)	(496)	(1,011)	(978)
Total operating costs	$ (3,356)	$ (3,306)	$ (6,692)	$ (6,476)

Severance, acquisition and ot42

Severance, acquisition and other costs (Details) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Analysis of income and expense [abstract]
Severance	$ (15)	$ (16)	$ (24)	$ (47)
Acquisition and other	(9)	(20)	0	(73)
Total severance, acquisition and other costs	$ (24)	$ (36)	$ (24)	$ (120)

Other (expense) income (Details

Other (expense) income (Details) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Analysis of income and expense [abstract]
Net mark-to-market gains on derivatives used as economic hedges	$ (30)	$ 1	$ (107)	$ 25
Equity (losses) income from investments in associates and joint ventures
Losses on investments	(20)	0	(20)	(2)
Operations	(20)	12	(3)	31
Early debt redemption costs	(18)	(4)	(18)	(4)
Impairment of assets	0	0	(4)	0
Losses on retirements and disposals of property, plant and equipment and intangible assets	(2)	(9)	(1)	(26)
Losses on investments	0	0	0	(12)
Other	2	(1)	4	4
Total other (expense) income	$ (88)	$ (1)	$ (149)	$ 16

Earnings per share (Details)

Earnings per share (Details) - CAD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Earnings per share [abstract]
Net earnings attributable to common shareholders - basic	$ 704	$ 765	$ 1,365	$ 1,407
Dividends declared per common share (in dollars) (CAD Per Share)	$ 0.755	$ 0.7175	$ 1.51	$ 1.435
Weighted average number of common shares outstanding (in millions)
Average number of common shares outstanding - basic (millions) (in shares)	898,000,000	900,100,000	899,100,000	888,000,000
Dilutive effect of share options on number of ordinary shares (in shares)	300,000	900,000	300,000	800,000
Average number of common shares outstanding - basic (millions) (in shares)	898,300,000	901,000,000	899,400,000	888,800,000
Shares excluded from calculation of earnings per share (in shares)	12,050,731	31,722	12,050,731	5,803,983

Debt - Narrative (Details)

Debt - Narrative (Details)	May 04, 2018CAD ($)	Apr. 16, 2018CAD ($)	Jun. 30, 2018CAD ($)	Jun. 30, 2017CAD ($)	Jun. 30, 2018CAD ($)	Jun. 30, 2017CAD ($)	Mar. 29, 2018CAD ($)	Mar. 29, 2018USD ($)	Mar. 12, 2018CAD ($)
Disclosure of detailed information about borrowings [line items]
Early debt redemption costs			$ 18,000,000	$ 4,000,000	$ 18,000,000	$ 4,000,000
Series M-28 Medium-Term Notes
Disclosure of detailed information about borrowings [line items]
Principal amount redeemed	$ 400,000,000
Series M-28 Medium-Term Notes | Fixed interest rate
Disclosure of detailed information about borrowings [line items]
Interest rate (as a percent)	3.50%
Series 9 Notes
Disclosure of detailed information about borrowings [line items]
Principal amount redeemed		$ 200,000,000
Series 9 Notes | Fixed interest rate
Disclosure of detailed information about borrowings [line items]
Interest rate (as a percent)		4.59%
Series M-33 Debentures
Disclosure of detailed information about borrowings [line items]
Principal amount redeemed		$ 300,000,000
Series M-33 Debentures | Fixed interest rate
Disclosure of detailed information about borrowings [line items]
Interest rate (as a percent)		5.52%
Series M-25 Debentures
Disclosure of detailed information about borrowings [line items]
Principal amount			$ 1,000,000,000		$ 1,000,000,000
Series M-25 Debentures | Fixed interest rate
Disclosure of detailed information about borrowings [line items]
Interest rate (as a percent)			3.35%		3.35%
Series US-1 Notes
Disclosure of detailed information about borrowings [line items]
Principal amount							$ 967,000,000	$ 750,000,000
Series US-1 Notes | Fixed interest rate
Disclosure of detailed information about borrowings [line items]
Interest rate (as a percent)							4.464%	4.464%
Series M-47 Medium-Term Notes
Disclosure of detailed information about borrowings [line items]
Principal amount									$ 500,000,000
Series M-47 Medium-Term Notes | Fixed interest rate
Disclosure of detailed information about borrowings [line items]
Interest rate (as a percent)									3.35%

Post-employee benefit plans - S

Post-employee benefit plans - Service cost (Details) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Disclosure of defined benefit plans [line items]
DC pension	$ (24)	$ (24)	$ (57)	$ (55)
Plan amendment gain on OPEBs	0	0	0	16
Less: Capitalized benefit plans cost	15	14	29	29
Total post-employment benefit plans service cost included in operating costs	(63)	(64)	(136)	(114)
Other costs recognized in severance, acquisition and other costs	0	(4)	(4)	(4)
Total post-employment benefit plans service cost	(63)	(68)	(140)	(118)
DB pension
Disclosure of defined benefit plans [line items]
Current service cost	(53)	(53)	(106)	(101)
OPEBs
Disclosure of defined benefit plans [line items]
Current service cost	$ (1)	$ (1)	$ (2)	$ (3)

Post-employee benefit plans - I

Post-employee benefit plans - Interest cost (Details) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Disclosure of net defined benefit liability (asset) [line items]
Total interest on post-employment benefit obligations	$ (17)	$ (18)	$ (34)	$ (36)
DB pension
Disclosure of net defined benefit liability (asset) [line items]
Total interest on post-employment benefit obligations	(5)	(5)	(11)	(9)
OPEBs
Disclosure of net defined benefit liability (asset) [line items]
Total interest on post-employment benefit obligations	$ (12)	$ (13)	$ (23)	$ (27)

Financial assets and liabilit48

Financial assets and liabilities - Financial instruments measured at amortized cost (Details) - Financial liabilities at amortised cost, category - CAD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
CRTC tangible benefits obligation
Disclosure of financial liabilities [line items]
CARRYING VALUE	$ 79	$ 111
FAIR VALUE	78	110
CRTC deferral account obligation
Disclosure of financial liabilities [line items]
CARRYING VALUE	119	124
FAIR VALUE	121	128
Debt securities, finance leases and other debt
Disclosure of financial liabilities [line items]
CARRYING VALUE	19,868	19,321
FAIR VALUE	$ 21,490	$ 21,298

Financial assets and liabilit49

Financial assets and liabilities - Financial instruments measured at fair value (Details) - CAD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Disclosure of financial assets [line items]
Assets	$ 56,559	$ 55,802
Liabilities	$ (35,835)	(35,177)
Repurchase obligation of trust ownership percentage	9.00%
Maple Leaf Sports & Entertainment Ltd. (MLSE) financial liability
Disclosure of financial assets [line items]
Liabilities	$ (135)	(135)
Maple Leaf Sports & Entertainment Ltd. (MLSE) financial liability | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1)
Disclosure of financial assets [line items]
Liabilities	0	0
Maple Leaf Sports & Entertainment Ltd. (MLSE) financial liability | OBSERVABLE MARKET DATA (LEVEL 2)
Disclosure of financial assets [line items]
Liabilities	0	0
Maple Leaf Sports & Entertainment Ltd. (MLSE) financial liability | NON-OBSERVABLE MARKET INPUTS (LEVEL 3)
Disclosure of financial assets [line items]
Liabilities	(135)	(135)
Publicly-traded and privately-held investments
Disclosure of financial assets [line items]
Assets	104	103
Publicly-traded and privately-held investments | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1)
Disclosure of financial assets [line items]
Assets	1	1
Publicly-traded and privately-held investments | OBSERVABLE MARKET DATA (LEVEL 2)
Disclosure of financial assets [line items]
Assets	0	0
Publicly-traded and privately-held investments | NON-OBSERVABLE MARKET INPUTS (LEVEL 3)
Disclosure of financial assets [line items]
Assets	103	102
Derivative financial instruments | Derivative financial instruments
Disclosure of financial assets [line items]
Assets (liabilities)	(5)	(48)
Derivative financial instruments | Derivative financial instruments | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1)
Disclosure of financial assets [line items]
Assets (liabilities)	0	0
Derivative financial instruments | Derivative financial instruments | OBSERVABLE MARKET DATA (LEVEL 2)
Disclosure of financial assets [line items]
Assets (liabilities)	(5)	(48)
Derivative financial instruments | Derivative financial instruments | NON-OBSERVABLE MARKET INPUTS (LEVEL 3)
Disclosure of financial assets [line items]
Assets (liabilities)	0	0
Other | Other
Disclosure of financial assets [line items]
Assets (liabilities)	70	60
Other | Other | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1)
Disclosure of financial assets [line items]
Assets (liabilities)	0	0
Other | Other | OBSERVABLE MARKET DATA (LEVEL 2)
Disclosure of financial assets [line items]
Assets (liabilities)	116	106
Other | Other | NON-OBSERVABLE MARKET INPUTS (LEVEL 3)
Disclosure of financial assets [line items]
Assets (liabilities)	$ (46)	$ (46)

Financial assets and liabilit50

Financial assets and liabilities - Market risk (Details) $ in Millions, $ in Millions	Jun. 30, 2018CAD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018CAD ($)	Mar. 31, 2018USD ($)
Currency risk
Disclosure of detailed information about hedged items [line items]
Percentage of possible change in risk variable	10.00%	10.00%
Interest rate risk
Disclosure of detailed information about hedged items [line items]
Percentage of possible change in risk variable	1.00%	1.00%
Reasonably possible change in risk variable impact on net earnings	$ 31
Interest rate swap contract | Interest rate risk | Fair value hedges
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value			$ 967	$ 750
Top of range | Currency risk
Disclosure of detailed information about hedged items [line items]
Reasonably possible change in risk variable impact on net earnings	2
Reasonably possible change in 10% depreciation (appreciation) of the CAD dollar impact on other comprehensive income	139
Bottom of range | Currency risk
Disclosure of detailed information about hedged items [line items]
Reasonably possible change in risk variable impact on net earnings	(3)
Reasonably possible change in 10% depreciation (appreciation) of the CAD dollar impact on other comprehensive income	(134)
2018 | Currency risk | Cash flow | Commercial paper | Amount to receive
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value		$ 2,499
2018 | Currency risk | Cash flow | Commercial paper | Amount to pay
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value	3,244
2018 | Currency risk | Cash flow | Anticipated Transactions [Member] | Amount to receive
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value		450
2018 | Currency risk | Cash flow | Anticipated Transactions [Member] | Amount to pay
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value	584
2018 | Currency risk | Economic | Anticipated Transactions [Member] | Amount to receive
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value		19
2018 | Currency risk | Economic | Anticipated Transactions [Member] | Amount to pay
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value	24
2018 | Purchased call options | Currency risk | Economic | Anticipated Transactions [Member] | Amount to receive
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value		33
2018 | Purchased call options | Currency risk | Economic | Anticipated Transactions [Member] | Amount to pay
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value	41
2018 | Written put options | Currency risk | Economic | Anticipated Transactions [Member] | Amount to receive
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value		99
2018 | Written put options | Currency risk | Economic | Anticipated Transactions [Member] | Amount to pay
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value	119
2018 - 2019 | Currency risk | Cash flow | Anticipated Transactions [Member] | Amount to receive
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value	46
2018 - 2019 | Currency risk | Cash flow | Anticipated Transactions [Member] | Amount to pay
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value		36
2019 | Currency risk | Cash flow | Anticipated Transactions [Member] | Amount to receive
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value		775
2019 | Currency risk | Cash flow | Anticipated Transactions [Member] | Amount to pay
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value	968
2020 - 2021 | Currency risk | Cash flow | Anticipated Transactions [Member] | Amount to receive
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value		$ 76
2020 - 2021 | Currency risk | Cash flow | Anticipated Transactions [Member] | Amount to pay
Disclosure of detailed information about hedged items [line items]
Financial instruments designated as hedging instruments, at fair value	$ 96

Financial assets and liabilit51

Financial assets and liabilities - Interest rate exposures (Details) - Interest rate risk $ in Millions	Jun. 30, 2018CAD ($)
Disclosure of detailed information about hedging instruments [line items]
Percentage of possible change in risk variable	1.00%
Reasonably possible change in risk variable impact on net earnings	$ 31

Financial assets and liabilit52

Financial assets and liabilities - Equity price exposures (Details) - Equity price risk $ in Millions	Jun. 30, 2018CAD ($)
Disclosure of detailed information about hedging instruments [line items]
Percentage of possible change in risk variable	5.00%
Reasonably possible change in risk variable impact on net earnings	$ 33
Forward contract | Settlement of share-based compensation plans
Disclosure of detailed information about hedging instruments [line items]
Financial instruments designated as hedging instruments, at fair value	$ 85

Share capital - Narrative (Deta

Share capital - Narrative (Details) $ in Millions	Mar. 01, 2018shares	Feb. 28, 2018	Mar. 31, 2018CAD ($)shares	Jun. 30, 2018
Disclosure of classes of share capital [line items]
Stock repurchased during period (in shares)			3,085,697
Value of stock repurchased during period | $			$ 175
Series AC Convertible Preference Shares
Disclosure of classes of share capital [line items]
Dividend rate reset term				5 years
SHARES ISSUED
Disclosure of classes of share capital [line items]
Value of stock repurchased during period | $			69
CONTRI-BUTED SURPLUS
Disclosure of classes of share capital [line items]
Value of stock repurchased during period | $			3
DEFICIT
Disclosure of classes of share capital [line items]
Value of stock repurchased during period | $			$ 103
Major ordinary share transactions | Series AC Convertible Preference Shares
Disclosure of classes of share capital [line items]
Conversion of stock, shares converted (in shares)	397,181
Number of shares outstanding (in shares)	5,069,935
Share conversion ratio	1
Annual dividend rate	4.38%	3.55%
Major ordinary share transactions | Series AD Convertible Preference Shares
Disclosure of classes of share capital [line items]
Conversion of stock, shares converted (in shares)	5,356,937
Number of shares outstanding (in shares)	14,930,065
Share conversion ratio	1

Share-based payments - Share-ba

Share-based payments - Share-based payment Amounts Included in the Income Statements as Operating Costs (Details) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Disclosure of terms and conditions of share-based payment arrangement [line items]
Total share-based payments	$ (20)	$ (19)	$ (50)	$ (46)
Employee savings plan (ESP)
Disclosure of terms and conditions of share-based payment arrangement [line items]
Total share-based payments	(7)	(7)	(14)	(14)
Restricted share units (RSUs) and performance share units (PSUs)
Disclosure of terms and conditions of share-based payment arrangement [line items]
Total share-based payments	(11)	(10)	(30)	(27)
Other
Disclosure of terms and conditions of share-based payment arrangement [line items]
Total share-based payments	$ (2)	$ (2)	$ (6)	$ (5)

Share-based payments - ESP Opti

Share-based payments - ESP Option Activity (Details) - ESP	6 Months Ended
	Jun. 30, 2018CAD ($)shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Unvested contributions, January 1, 2018 (in shares)	1,039,030
Granted (in shares)	331,987
Dividends credited (in shares)	26,960
Vested (in shares)	(255,867)
Forfeited (in shares)	(71,395)
Unvested contributions, June 30, 2018 (in shares)	1,070,715
Weighted average fair value at measurement date, other equity instruments granted | $	$ 56

Share-based payments - Outstand

Share-based payments - Outstanding RSUs/PSUs Activity (Details) - Restricted share units (RSUs) and performance share units (PSUs)	6 Months Ended
	Jun. 30, 2018CAD ($)shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Outstanding, January 1, 2018 (in shares)	2,740,392
Granted (in shares)	958,411
Dividends credited (in shares)	71,863
Settled (in shares)	(1,010,626)
Forfeited (in shares)	(20,287)
Outstanding, June 30, 2018 (in shares)	2,739,753
Weighted average fair value at measurement date, other equity instruments granted | $	$ 57

Share-based payments - Outsta57

Share-based payments - Outstanding DSUs Activity (Details) - Deferred Stock Units (DSU)	6 Months Ended
	Jun. 30, 2018CAD ($)shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Outstanding, January 1, 2018 (in shares)	4,309,528
Issued (in shares)	69,659
Settlement of RSUs/PSUs (in shares)	112,675
Dividends credited (in shares)	116,172
Settled (in shares)	(181,645)
Outstanding, June 30, 2018 (in shares)	4,426,389
Weighted average fair value at measurement date, other equity instruments granted | $	$ 55

Share-based payments - Outsta58

Share-based payments - Outstanding Stock Options (Details)	6 Months Ended
	Jun. 30, 2018CAD ($)shares$ / shares
Share-based Payment Arrangements [Abstract]
Outstanding, January 1, 2018 (in shares) | shares	10,490,249
Granted (in shares) | shares	3,651,802
Exercised (in shares) | shares	(59,756)
Forfeited (in shares) | shares	(4,641)
Outstanding, June 30, 2018 (in shares) | shares	14,077,654
Exercisable, June 30, 2018 (in shares) | shares	4,606,773
Weighted average exercise price of share options outstanding, beginning balance (CAD per share) | $	$ 55
Weighted average exercise price of share options granted (CAD per share) | $	57
Weighted average exercise price of share options exercised (CAD per share) | $	39
Weighted average exercise price of share options forfeited (CAD per share) | $	59
Weighted average exercise price of share options outstanding, ending balance (CAD per share) | $	56
Weighted average exercise price of share options exercisable at December 31 (CAD per share) | $	$ 52
Weighted average share price, share options exercised (CAD per share) | $ / shares	$ 56

Share-based payments - Fair Val

Share-based payments - Fair Value Assumptions (Details)	6 Months Ended
	Jun. 30, 2018CAD ($)year
Share-based Payment Arrangements [Abstract]
Weighted average fair value per option granted (CAD per share)	$ 2.13
Weighted average share price (CAD per share)	57
Weighted average exercise price (CAD per share)	$ 57
Dividend yield	5.00%
Expected volatility	12.00%
Risk-free interest rate	2.00%
Expected life (years) | year	4

Adoption of IFRS 15 - Consolida

Adoption of IFRS 15 - Consolidated income statements (Details) - CAD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Disclosure of initial application of standards or interpretations [line items]
Operating revenues	$ 5,786	$ 5,688	$ 11,376	$ 11,024
Operating costs	(3,356)	(3,306)	(6,692)	(6,476)
Severance, acquisition and other costs	(24)	(36)	(24)	(120)
Depreciation	(787)	(767)	(1,567)	(1,491)
Amortization	(221)	(210)	(433)	(395)
Interest expense	(246)	(238)	(486)	(472)
Interest on post-employment benefit obligations	(17)	(18)	(34)	(36)
Other (expense) income	(88)	(1)	(149)	16
Income taxes	(292)	(298)	(527)	(548)
Net earnings	755	814	1,464	1,502
Common shareholders	704	765	1,365	1,407
Preferred shareholders	35	32	71	63
Non-controlling interest	$ 16	$ 17	$ 28	$ 32
Net earnings per common share - basic and diluted (cad per share)	$ 0.79	$ 0.85	$ 1.52	$ 1.58
Average number of common shares outstanding - basic (millions) (in shares)	898	900.1	899.1	888
2017 as previously reported | IFRS 15
Disclosure of initial application of standards or interpretations [line items]
Operating revenues		$ 5,699		$ 11,083
Operating costs		(3,318)		(6,488)
Severance, acquisition and other costs		(36)		(120)
Depreciation		(769)		(1,491)
Amortization		(211)		(396)
Interest expense		(238)		(472)
Interest on post-employment benefit obligations		(18)		(36)
Other (expense) income		(1)		16
Income taxes		(297)		(560)
Net earnings		811		1,536
Common shareholders		762		1,441
Preferred shareholders		32		63
Non-controlling interest		$ 17		$ 32
Net earnings per common share - basic and diluted (cad per share)		$ 0.84		$ 1.62
Average number of common shares outstanding - basic (millions) (in shares)		900.1		888
IFRS 15 impacts | IFRS 15
Disclosure of initial application of standards or interpretations [line items]
Operating revenues		$ (11)		$ (59)
Operating costs		12		12
Severance, acquisition and other costs		0		0
Depreciation		2		0
Amortization		1		1
Interest expense		0		0
Interest on post-employment benefit obligations		0		0
Other (expense) income		0		0
Income taxes		(1)		12
Net earnings		3		(34)
Common shareholders		3		(34)
Preferred shareholders		0		0
Non-controlling interest		$ 0		$ 0
Net earnings per common share - basic and diluted (cad per share)		$ 0.01		$ (0.04)
Average number of common shares outstanding - basic (millions) (in shares)		0		0

Adoption of IFRS 15 - Reconcili

Adoption of IFRS 15 - Reconciliation of Deficit (Details) - CAD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Disclosure of disaggregation of revenue from contracts with customers [line items]
Deficit	$ (4,811)	$ (4,938)	$ (5,438)
2017 as previously reported
Disclosure of disaggregation of revenue from contracts with customers [line items]
Deficit			(6,466)
Increase (Decrease) Due to Application of IFRS 15, Timing of Revenue Recognition
Disclosure of disaggregation of revenue from contracts with customers [line items]
Deficit			777
Increase (Decrease) Due to Application of IFRS 15, Cost to Obtain a Contract
Disclosure of disaggregation of revenue from contracts with customers [line items]
Deficit			$ 251

Adoption of IFRS 15 - Consoli62

Adoption of IFRS 15 - Consolidated statements of cash flows (Details) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Disclosure of initial application of standards or interpretations [line items]
Net earnings	$ 755	$ 814	$ 1,464	$ 1,502
Depreciation and amortization	1,008	977	2,000	1,886
Income taxes	292	298	527	548
Net change in operating assets and liabilities	174	241	85	55
Cash flows from operating activities	$ 2,057	2,154	$ 3,553	3,467
2017 as previously reported | IFRS 15
Disclosure of initial application of standards or interpretations [line items]
Net earnings		811		1,536
Depreciation and amortization		980		1,887
Income taxes		297		560
Net change in operating assets and liabilities		242		8
Cash flows from operating activities		2,154		3,467
IFRS 15 impacts | IFRS 15
Disclosure of initial application of standards or interpretations [line items]
Net earnings		3		(34)
Depreciation and amortization		(3)		(1)
Income taxes		1		(12)
Net change in operating assets and liabilities		(1)		47
Cash flows from operating activities		$ 0		$ 0

Uncategorized Items - bce-20180

Label	Element	Value
Increase (decrease) due to changes in accounting policy required by IFRSs [member]
Equity	ifrs-full_Equity	$ (4,000,000)
Accumulated other comprehensive income [member]
Equity	ifrs-full_Equity	(17,000,000)
Retained earnings [member]
Equity	ifrs-full_Equity	(4,942,000,000)
Retained earnings [member] | Increase (decrease) due to changes in accounting policy required by IFRSs [member]
Equity	ifrs-full_Equity	(4,000,000)
Share premium [member]
Equity	ifrs-full_Equity	1,162,000,000
Equity attributable to owners of parent [member]
Equity	ifrs-full_Equity	20,298,000,000
Equity attributable to owners of parent [member] | Increase (decrease) due to changes in accounting policy required by IFRSs [member]
Equity	ifrs-full_Equity	(4,000,000)
Non-controlling interests [member]
Equity	ifrs-full_Equity	323,000,000
Preference shares [member] | Issued capital [member]
Equity	ifrs-full_Equity	4,004,000,000
Ordinary shares [member] | Issued capital [member]
Equity	ifrs-full_Equity	$ 20,091,000,000