XML 67 R39.htm IDEA: XBRL DOCUMENT v3.23.1
Other Long-Term Assets (Tables)
12 Months Ended
Dec. 31, 2022
Subclassifications of assets, liabilities and equities [abstract]  
Disclosure of Other Long-term Assets
 
2022

2021
Prepaid cost of service toll
$199 

$157 
Long-term inventory
137 126 
Risk management (note 19)
9 

140 
Long-term contracts, prepayments and other (1)
269 177 
 
614 600 
Less: current portion
61

35 
 
$553 $565 
(1)Includes physical product sales contracts assumed in the acquisition of Painted Pony in the fourth quarter of 2020, accrued interest on the deferred PRT recovery, and the unamortized portion of the Company's share bonus program.
Summary of Assets, Liabilities, Partners' Equity and Equity Income (Loss) Related to Joint Venture
The assets, liabilities, partners’ equity, product sales and equity income (loss) related to NWRP at December 31, 2022 and 2021 were comprised as follows:
20222021
Current assets
$257 

$280 
Non-current assets
$10,729 

$10,806 
Current liabilities
$849 

$798 
Non-current liabilities
$11,239 

$11,412 
Partners’ equity (1)
$(1,102)

$(1,124)
Partners’ equity (1) at Company's 50% interest
$(551)$(562)
Revenue (2)
$1,267 $1,168 
Net income (loss) (3)
$22 

$(18)
(1)In 2021, NWRP paid partnership distributions at 100% interest of $800 million.
(2)Included in NWRP's revenue for 2022 is $317 million (2021 – $294 million) related to the Company's 25% share of the refining toll.
(3)Included in the net income (loss) for 2022 is the impact of depreciation and amortization expense of $245 million (2021 – $278 million) and interest and other financing expense of $422 million (2021 – $412 million).