XML 71 R59.htm IDEA: XBRL DOCUMENT
v3.24.3

RISK MANAGEMENT AND FINANCIAL INSTRUMENTS - Fair Value of Derivatives (Details) - CAD ($) $ in Millions | Sep. 30, 2024 | Dec. 31, 2023
--- | --- | ---
Fair Value of Derivatives |  |
Total net financial asset/(liability) | $ (1,161) | $ (404)
Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 426 | 623
Long-term derivative assets | 314 | 463
Current derivative liabilities | (650) | (738)
Long-term derivative liabilities | (1,251) | (752)
Total net financial asset/(liability) | (1,161) | (404)
Foreign exchange contracts |  |
Fair Value of Derivatives |  |
Total net financial asset/(liability) | (901) | (152)
Foreign exchange contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 74 | 139
Long-term derivative assets | 120 | 335
Current derivative liabilities | (301) | (128)
Long-term derivative liabilities | (794) | (498)
Total net financial asset/(liability) | (901) | (152)
Interest rate contracts |  |
Fair Value of Derivatives |  |
Total net financial asset/(liability) | (163) | (156)
Interest rate contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 21 | 65
Long-term derivative assets | 92 | 53
Current derivative liabilities | (15) | (186)
Long-term derivative liabilities | (261) | (88)
Total net financial asset/(liability) | (163) | (156)
Commodity contracts |  |
Fair Value of Derivatives |  |
Total net financial asset/(liability) | (98) | (96)
Commodity contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 330 | 418
Long-term derivative assets | 102 | 75
Current derivative liabilities | (334) | (423)
Long-term derivative liabilities | (196) | (166)
Total net financial asset/(liability) | (98) | (96)
Other contracts |  |
Fair Value of Derivatives |  |
Total net financial asset/(liability) | 1 | 0
Other contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 1 | 1
Current derivative liabilities |  | (1)
Total net financial asset/(liability) | 1 | 0
Level 1 | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 59 | 142
Long-term derivative assets | 1 | 0
Current derivative liabilities | (42) | (136)
Long-term derivative liabilities | (1) | 0
Total net financial asset/(liability) | 17 | 6
Level 1 | Foreign exchange contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 0 | 0
Long-term derivative assets | 0 | 0
Current derivative liabilities | 0 | 0
Long-term derivative liabilities | 0 | 0
Total net financial asset/(liability) | 0 | 0
Level 1 | Interest rate contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 0 | 0
Long-term derivative assets | 0 | 0
Current derivative liabilities | 0 | 0
Long-term derivative liabilities | 0 | 0
Total net financial asset/(liability) | 0 | 0
Level 1 | Commodity contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 59 | 142
Long-term derivative assets | 1 | 0
Current derivative liabilities | (42) | (136)
Long-term derivative liabilities | (1) | 0
Total net financial asset/(liability) | 17 | 6
Level 1 | Other contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 0 | 0
Current derivative liabilities |  | 0
Total net financial asset/(liability) | 0 | 0
Level 2 | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 185 | 308
Long-term derivative assets | 231 | 412
Current derivative liabilities | (407) | (391)
Long-term derivative liabilities | (1,078) | (608)
Total net financial asset/(liability) | (1,069) | (279)
Level 2 | Foreign exchange contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 74 | 139
Long-term derivative assets | 120 | 335
Current derivative liabilities | (301) | (128)
Long-term derivative liabilities | (794) | (498)
Total net financial asset/(liability) | (901) | (152)
Level 2 | Interest rate contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 21 | 65
Long-term derivative assets | 92 | 53
Current derivative liabilities | (15) | (186)
Long-term derivative liabilities | (261) | (88)
Total net financial asset/(liability) | (163) | (156)
Level 2 | Commodity contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 89 | 103
Long-term derivative assets | 19 | 24
Current derivative liabilities | (91) | (76)
Long-term derivative liabilities | (23) | (22)
Total net financial asset/(liability) | (6) | 29
Level 2 | Other contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 1 | 1
Current derivative liabilities |  | (1)
Total net financial asset/(liability) | 1 | 0
Level 3 |  |
Fair Value of Derivatives |  |
Total net financial asset/(liability) | (109) |
Level 3 | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 182 | 173
Long-term derivative assets | 82 | 51
Current derivative liabilities | (201) | (211)
Long-term derivative liabilities | (172) | (144)
Total net financial asset/(liability) | (109) | (131)
Level 3 | Foreign exchange contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 0 | 0
Long-term derivative assets | 0 | 0
Current derivative liabilities | 0 | 0
Long-term derivative liabilities | 0 | 0
Total net financial asset/(liability) | 0 | 0
Level 3 | Interest rate contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 0 | 0
Long-term derivative assets | 0 | 0
Current derivative liabilities | 0 | 0
Long-term derivative liabilities | 0 | 0
Total net financial asset/(liability) | 0 | 0
Level 3 | Commodity contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 182 | 173
Long-term derivative assets | 82 | 51
Current derivative liabilities | (201) | (211)
Long-term derivative liabilities | (172) | (144)
Total net financial asset/(liability) | (109) | (131)
Level 3 | Other contracts | Fair Value |  |
Fair Value of Derivatives |  |
Current derivative assets | 0 | 0
Current derivative liabilities |  | 0
Total net financial asset/(liability) | $ 0 | $ 0

X
- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483466/210-20-50-3 + Details
Name: | us-gaap_DerivativeAssetsCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair values as of the balance sheet date of the net amount of all assets and liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 5 -SubTopic 10 -Topic 815 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480463/815-10-45-5 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2)(i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled after one year or the normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483466/210-20-50-3 + Details
Name: | us-gaap_DerivativeAssetsNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483466/210-20-50-3 + Details
Name: | us-gaap_DerivativeLiabilitiesCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled after one year or the normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483466/210-20-50-3 + Details
Name: | us-gaap_DerivativeLiabilitiesNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 100 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-100 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CommodityContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_OtherContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |