XML 67 R39.htm IDEA: XBRL DOCUMENT v3.22.1
Other Long-Term Assets (Tables)
12 Months Ended
Dec. 31, 2021
Subclassifications of assets, liabilities and equities [abstract]  
Disclosure of other long-term assets
 
2021

2020
North West Redwater Partnership
$ 

$555 
Prepaid cost of service toll
157 162 
Risk management (note 19)
140 

136 
Long-term inventory
126 121 
Other (1)
177 

190 
 
600 1,164 
Less: current portion
35 

82 
 
$565 $1,082 
(1)The acquisition of Painted Pony in 2020 included physical sales contracts (note 7).
Summary of assets, liabilities, partners' equity and equity (income) loss related to joint venture
The assets, liabilities, partners’ equity, product sales and equity loss related to NWRP at December 31, 2021 and 2020 were comprised as follows:
20212020
Current assets
$280 

$230 
Non-current assets
$10,806 

$11,098 
Current liabilities
$798 

$3,146 
Non-current liabilities
$11,412 

$8,488 
Partners’ equity (1)
$(1,124)

$(306)
Partners’ equity (1) at Company's 50% interest
$(562)$(153)
Revenue (2)
$1,168 $1,348 
Net loss (3)
$18 

$188 
(1)In 2021, NWRP paid partnership distributions at 100% interest of $800 million.
(2)Included in NWRP's revenue for 2021 is $294 million (2020 – $174 million) paid by the Company for its 25% share of the refining toll.
(3)Included in the net loss for 2021 is the impact of depreciation and amortization expense of $278 million (2020 – $214 million) and interest and other financing expense of $412 million (2020 – $420 million).