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Other Long-Term Assets (Tables)
 12 Months Ended
Dec. 31, 2024
Subclassifications of assets, liabilities and equities [abstract]  
Disclosure of Other Long-term Assets
 2024

2023
Long-term prepayments, contracts and other (1)
$313 $279 
Prepaid cost of service tolls166 

179 
Long-term inventory204 141 
Risk management (note 19)
13 

13 
 696 612 
Less: current portion76 

71 
 $620 $541 
(1)Includes physical product sales contracts, accrued interest on PRT recoveries, and the unamortized cost of contributions to the Company's employee bonus program.
Summary of Assets, Liabilities, Partners' Equity and Equity (Loss) Income Related to Joint Venture
The assets, liabilities, partners’ equity, product sales, and equity income (loss) related to NWRP at December 31, 2024 and 2023 were comprised as follows:
20242023
Current assets$535 

$349 
Non-current assets$10,286 

$10,508 
Current liabilities$2,082 

$1,054 
Non-current liabilities$9,757 

$10,913 
Partners’ equity$(1,018)

$(1,110)
Partners’ equity at Company's 50% interest
$(509)$(555)
Revenue (1)
$1,490 $1,527 
Net income (loss) (2)
$92 

$(8)
(1)Included in NWRP's revenue for 2024 is $325 million (2023 – $335 million) related to the Company's 25% share of the refining toll.
(2)Included in the net income (loss) for 2024 is the impact of depreciation and amortization expense of $346 million (2023 – $387 million) and interest and other financing expense of $502 million (2023 – $500 million).