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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of leases [Abstract]  
Schedule of Lease Assets
Product transportation
and storage
Field equipment
and power
Offshore vessels
and equipment
Office leases
and other
Total
At December 31, 2019$1,166 $317 $182 $124 $1,789 
Additions (1)
17 121 148 
Depreciation(124)(53)(51)(26)(254)
Derecognitions(20)(5)(10)— (35)
Foreign exchange adjustments and other(1)(1)— (1)(3)
At December 31, 2020
$1,038 $379 $128 $100 $1,645 
Additions
48 36  4 88 
Depreciation
(110)(57)(27)(22)(216)
Foreign exchange adjustments and other
(2)(4)(2)(1)(9)
At December 31, 2021$974 $354 $99 $81 $1,508 
(1) The acquisition of Painted Pony in 2020 included lease assets of $93 million (note 7).
LEASE ASSETS, BY SEGMENT
As at December 31, 2021 and 2020, the Company had the following lease assets by segment:
 
20212020
Exploration and Production
 
North America
$308 $345 
North Sea
1 
Offshore Africa
101 126 
Oil Sands Mining and Upgrading
1,027 1,080 
Head office
71 87 
 
$1,508 $1,645 
Schedule of Lease Liabilities Lease liabilities at December 31, 2021 and 2020, were as follows:
 
20212020
Lease liabilities
$1,584 $1,690 
Less: current portion
185 189 
 
$1,399 $1,501 
Schedule of Leases Impact on Net Earnings and Cash Flow
Other amounts included in net earnings and cash flows during 2021 and 2020 are provided below:
20212020
Expenses relating to short-term leases (1)
$450 $409 
Interest expense on lease liabilities
$62 $67 
Variable lease payments not included in the measurement of lease liabilities
$65 $85 
Total cash outflows for leases (2)
$1,089 $983 
(1)During 2021, the Company capitalized $303 million (2020 - $197 million) of short-term leases as additions to property, plant and equipment.
(2)Comprised of cash outflows relating to lease liabilities, short-term leases, and variable lease payments.