Canadian National Railway (CNI) With a Stock Market Cap of US$61 Bil Had 34% of Its 2016 Total Revenues in the US and a Huge 48% of Its 2016 Total Properties, the Main Drivers of the Coveted US Deferred Income Tax Liabilities (DTLs), Located in the US ..... At Dec 31, 2016, CNI had a Total DTL of C$8.5 Bil, With C$5.1 Bil of it Related to the US ..... In Other Words, CNI Flat Out Cleans Up Both Initially and in the Long Run With the Trump Tax Bill

From CNI's US SEC Filings