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  "documentTitle": "Canadian Pacific Railway (CP)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
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  "presentationDate": "2012-02-06 00:00:00",
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  "notes": "The slide uses a waterfall chart to decompose the change in operating ratio. It includes red annotations to highlight specific areas of concern (volumes and productivity).",
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      "text": "Drivers behind the bars: Volumes, Real Price, Productivity & Cost Savings, Pensions, Depreciation, Other",
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      "text": "operating ratio: 70.0%",
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      "kind": "source-note",
      "text": "Source: Fred Green's Update to Employees, January 30, 2012.",
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      "kind": "title",
      "text": "Last Week's \"Detailed Plan\"",
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      "text": "Financial Projections for CP's Current \"Detailed Plan\"",
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