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INVENTORIES (Tables) | 12 Months Ended
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Dec. 31, 2020
INVENTORIES |
Schedule of Inventories table text block |
($ millions) |  | December 31 2020 |  | December 31 2019 |
Crude oil(1) |  | 1 429 |  | 1 689 |
Refined products |  | 1 322 |  | 1 290 |
Materials, supplies and merchandise |  | 866 |  | 782 |
|  | 3 617 |  | 3 761 |
(1) | Includes $154 million of inventories held for trading purposes (2019 – $210 million) which are measured at fair value based on Level 1 and Level 2 fair value inputs.

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- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. + References No definition available. + Details
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