XML 89 R60.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Debt And Credit Facilities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
FINANCING (INCOME) EXPENSES |
Debt and credit facilities are comprised of: |
($ millions) |  | December 31 2018 |  | December 31 2017 |
Commercial paper(1) |  | 3 231 |  | 2 136 |
(1) | The commercial paper is supported by a revolving credit facility with a syndicate of lenders. The company is authorized to issue commercial paper to a maximum of $5.0 billion having a term not to exceed 365 days. The weighted average interest rate as at December 31, 2018 was 2.88% (December 31, 2017 – 1.56%).
Long-Term Debt
($ millions) |  | December 31 2018 |  | December 31 2017 |  |
Fixed-term debt(2)(3) |  |  |  |  |  |
| 7.75% Notes, due 2019 (US$140)(4) |  | 191 |  | 288 |  |
| 3.10% Series 5 Medium Term Notes, due 2021 |  | 749 |  | 749 |  |
| 9.25% Debentures, due 2021 (US$300) |  | 431 |  | 406 |  |
| 9.40% Notes, due 2021 (US$220)(4)(5) |  | 315 |  | 298 |  |
| 4.50% Notes, due 2022 (US$182)(4) |  | 234 |  | 212 |  |
| 3.60% Notes, due 2024 (US$750) |  | 1 020 |  | 936 |  |
| 3.00% Series 5 Medium Term Notes, due 2026 |  | 698 |  | 698 |  |
| 7.875% Debentures, due 2026 (US$275) |  | 393 |  | 365 |  |
| 8.20% Notes, due 2027 (US$59)(4) |  | 87 |  | 81 |  |
| 7.00% Debentures, due 2028 (US$250) |  | 346 |  | 319 |  |
| 7.15% Notes, due 2032 (US$500) |  | 681 |  | 626 |  |
| 5.35% Notes, due 2033 (US$300) |  | 379 |  | 344 |  |
| 5.95% Notes, due 2034 (US$500) |  | 680 |  | 625 |  |
| 5.95% Notes, due 2035 (US$600) |  | 786 |  | 718 |  |
| 5.39% Series 4 Medium Term Notes, due 2037 |  | 599 |  | 599 |  |
| 6.50% Notes, due 2038 (US$1 150) |  | 1 565 |  | 1 439 |  |
| 6.80% Notes, due 2038 (US$900) |  | 1 249 |  | 1 151 |  |
| 6.85% Notes, due 2039 (US$750) |  | 1 021 |  | 938 |  |
| 6.00% Notes, due 2042 (US$152)(4) |  | 158 |  | 140 |  |
| 4.34% Series 5 Medium Term Notes, due 2046 |  | 300 |  | 300 |  |
| 4.00% Notes, due 2047 (US$750)(6) |  | 1 018 |  | 936 |  |
Total unsecured long-term debt |  | 12 900 |  | 12 168 |  |
Finance leases(7) |  | 1 260 |  | 1 319 |  |
Deferred financing costs |  | (41 | ) | (44 | ) |
|  | 14 119 |  | 13 443 |  |
Current portion of long-term debt |  |  |  |  |  |
| Finance leases |  | (38 | ) | (71 | ) |
| Long-term debt |  | (191 | ) | — |  |
|  | (229 | ) | (71 | ) |
Total long-term debt |  | 13 890 |  | 13 372 |  |
(2) The value of debt includes the unamortized balance of premiums or discounts. (3) Certain securities are redeemable at the option of the company. (4) Debt acquired through the acquisition of Canadian Oil Sands Limited (COS). (5) Subsequent to the acquisition of COS, Moody's Investors Service downgraded COS long-term senior debt rating from Baa3 (negative outlook) to Ba3 (stable outlook). This triggered a change in the coupon rate of the note from 7.9% to 9.4%. (6) During the fourth quarter of 2017, the company issued US$750 million of senior unsecured notes maturing on November 15, 2047. The notes have a coupon of 4.00% and were priced at $99.498 per note for an effective yield of 4.029%. Interest is paid semi-annually. (7) Interest rates range from 2.9% to 16.5% and maturity dates range from 2027 to 2062.
Scheduled principal repayments for finance leases, short term debt and long term debt |
($ millions) |  | Repayment |
2019 |  | 3 459 |
2020 |  | 39 |
2021 |  | 1 501 |
2022 |  | 295 |
2023 |  | 53 |
Thereafter |  | 12 108 |
|  | 17 455 |
Summary of available and unutilized credit facilities |
($ millions) |  | 2018 |  |
Fully revolving and expires in 2021 |  | 4 000 |  |
Fully revolving and expires in 2020 |  | 2 729 |  |
Fully revolving and expires in 2019/2020 |  | 1 537 |  |
Can be terminated at any time at the option of the lenders |  | 132 |  |
Total credit facilities |  | 8 398 |  |
Credit facilities supporting outstanding commercial paper |  | (3 231 | ) |
Credit facilities supporting standby letters of credit(1) |  | (1 269 | ) |
Total unutilized credit facilities(2) |  | 3 898 |  |
(1) To reduce costs, the company supported certain credit facilities with $108 million cash collateral as at December 31, 2018 (December 31, 2017 – $733 million). (2) Available credit facilities for liquidity purposes at December 31, 2018 decreased to $3.608 billion, compared to $4.489 billion at December 31, 2017.

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of detailed information about borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2018-01-01 -Paragraph 7 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2018-03-01&anchor=para_7&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure showing summary of available and unutilized credit facilities. + References No definition available. + Details
Name: | su_ScheduleOfAvailableAndUnutilizedCreditFacilitiesTableTextBlock
Namespace Prefix: | su_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the principal repayments for finance leases, short term debt and long-term for each of the five years following the date of the latest balance sheet date presented. + References No definition available. + Details
Name: | su_ScheduleOfScheduledDebtRepaymentsTableTextBlock
Namespace Prefix: | su_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration