XML 88 R62.htm IDEA: XBRL DOCUMENT
v3.22.0.1

SHARE BASED COMPENSATION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
SHARE BASED COMPENSATION |
Schedule of share-based compensation expense | Reflected in the Consolidated Statements of Comprehensive Income within Operating, Selling and General expense are the following share-based compensation amounts:
​ | ​ | ​ | ​ | ​ | ​
($ millions) |  | 2021 |  | 2020 |
Equity-settled plans | ​ | 21 |  | 32 | ​
Cash-settled plans |  | 301 |  | (28) | ​
Total share-based compensation expense |  | 322 |  | 4 | ​
Schedule of liability recognized for share-based compensation | Reflected in the Consolidated Balance Sheets within accounts payable and accrued liabilities and other long-term liabilities are the following fair value amounts for the company’s cash-settled plans:
​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31 |  | December 31 |
($ millions) |  | 2021 |  | 2020 |
Current liability |  | 153 |  | 117 | ​
Long-term liability (note 22) |  | 291 |  | 143 | ​
Total Liability |  | 444 |  | 260 | ​
Schedule of weighted average fair value of options granted during the period and the weighted average assumptions used in their determination | The weighted average fair value of options granted during the period and the weighted average assumptions used in their determination are as noted below:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | 2021 |  | ​ | 2020 |
Annual dividend per share (dollars) |  | ​ | 1.05 |  | ​ | 1.10 | ​
Risk-free interest rate |  | ​ | 0.49% | ​ | ​ | 1.35% | ​
Expected life |  | ​ | 5 years |  | ​ | 5 years | ​
Expected volatility |  | ​ | 40% |  | ​ | 24% | ​
Weighted average fair value per option (dollars) |  | ​ | 5.40 |  | ​ | 4.51 | ​
​
Summary of activity of stock option plans | The following table presents a summary of the activity related to Suncor’s stock option plans:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2021 | ​ | 2020 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Weighted |  | ​ |  | Weighted |
​ | ​ | ​ | ​ | Average | ​ | ​ | ​ | Average |
​ | ​ | Number | ​ | Exercise Price | ​ | Number | ​ | Exercise Price |
​ | ​ | (thousands) | ​ | ($) | ​ | (thousands) | ​ | ($) |
Outstanding, beginning of year |  | 38 373 | ​ | 39.65 |  | 33 882 | ​ | 39.70 | ​
Granted |  | 3 457 | ​ | 22.71 |  | 6 341 | ​ | 38.95 | ​
Exercised as options for common shares |  | (245) | ​ | 29.82 |  | (804) | ​ | 35.73 | ​
Forfeited/expired |  | (4 495) | ​ | 37.62 |  | (1 046) | ​ | 39.91 | ​
Outstanding, end of year |  | 37 090 |  | 38.39 |  | 38 373 |  | 39.65 | ​
Exercisable, end of year |  | 28 421 |  | 39.87 |  | 26 943 |  | 39.10 | ​
​
Schedule of exercise price ranges and weighted average remaining contractual lives | For the options outstanding at December 31, 2021, the exercise price ranges and weighted average remaining contractual lives are shown below:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Outstanding | ​ | Exercisable |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | Weighted | ​ | ​ | ​ | ​ |  | ​ |
​ | ​ | ​ | ​ | Average | ​ | Weighted | ​ | ​ | ​ | Weighted |
​ | ​ | ​ | ​ | Remaining | ​ | Average | ​ | ​ | ​ | Average |
​ | ​ | Number | ​ | Contractual Life | ​ | Exercise | ​ | Number | ​ | Exercise |
Exercise Prices ($) | ​ | (thousands) | ​ | (years) | ​ | Price ($) | ​ | (thousands) | ​ | Price ($) |
22.63-24.99 |  | 3 378 | ​ | 6 | ​ | 22.65 | ​ | 30 | ​ | 22.88 | ​
25.00-29.99 | ​ | 9 | ​ | 6 | ​ | 29.29 | ​ | — | ​ | — | ​
30.00-34.99 | ​ | 4 694 | ​ | 1 | ​ | 30.23 | ​ | 4 672 | ​ | 30.23 | ​
35.00-39.99 |  | 9 537 | ​ | 3 | ​ | 38.99 | ​ | 6 024 | ​ | 38.95 | ​
40.00-44.99 |  | 19 292 | ​ | 3 | ​ | 42.71 | ​ | 17 516 | ​ | 42.68 | ​
45.00-49.99 |  | 52 | ​ | 4 | ​ | 48.15 | ​ | 51 | ​ | 48.16 | ​
50.00-54.27 |  | 128 | ​ | 3 | ​ | 52.39 | ​ | 128 | ​ | 52.39 | ​
Total |  | 37 090 | ​ | 3 | ​ | 38.39 | ​ | 28 421 |  | 39.87 | ​
Summary of common shares available for granting future options | Common shares authorized for issuance by the Board of Directors that remain available for the granting of future options:
​ | ​ | ​ | ​ | ​ | ​
(thousands) |  | 2021 |  | 2020 |
​ |  | 25 037 |  | 8 999 | ​
​
Summary of share units and stock appreciation rights | The following table presents a summary of the activity related to Suncor’s share unit plans:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(thousands) |  | PSU |  | RSU |  | DSU |
Outstanding, December 31, 2019 |  | 2 193 |  | 13 602 |  | 1 287 | ​
Granted |  | 1 232 | ​ | 6 567 | ​ | 289 | ​
Redeemed for cash |  | (1 086) | ​ | (4 707) | ​ | (191) | ​
Forfeited/expired |  | (54) | ​ | (367) | ​ | - | ​
Outstanding, December 31, 2020 |  | 2 285 |  | 15 095 |  | 1 385 | ​
Granted |  | 1 285 | ​ | 11 954 | ​ | 164 | ​
Redeemed for cash |  | (751) | ​ | (4 609) | ​ | (167) | ​
Forfeited/expired |  | (53) | ​ | (1 003) | ​ | - | ​
Outstanding, December 31, 2021 |  | 2 766 |  | 21 437 |  | 1 382 | ​
​ The following table presents a summary of the activity related to Suncor’s SARs plan:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2021 | ​ | 2020 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Weighted |  | ​ |  | Weighted |
​ | ​ | ​ | ​ | Average | ​ | ​ | ​ | Average |
​ | ​ | Number | ​ | Exercise Price | ​ | Number | ​ | Exercise Price |
​ | ​ | (thousands) | ​ | ($) | ​ | (thousands) | ​ | ($) |
Outstanding, beginning of year |  | 509 |  | 39.25 |  | 385 |  | 39.83 | ​
Granted |  | 10 | ​ | 22.63 |  | 132 | ​ | 37.41 | ​
Exercised |  | — | ​ | — |  | (7) | ​ | 36.38 | ​
Forfeited/expired |  | (56) | ​ | 37.78 |  | (1) | ​ | 39.08 | ​
Outstanding, end of year |  | 463 |  | 39.06 |  | 509 |  | 39.25 | ​
Exercisable, end of year |  | 357 | ​ | 39.68 |  | 307 | ​ | 39.09 | ​

X
- Definition The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's share options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2021-01-01 -Paragraph 47 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2021-en-r&anchor=para_47_a&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the number and weighted average exercise prices of other equity instruments (ie other than share options). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 2 -IssueDate 2021-01-01 -Paragraph 45 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2021-en-r&anchor=para_45&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2021-01-01 -Paragraph 45 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2021-en-r&anchor=para_45_b&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the number and weighted average remaining contractual life of outstanding share options. [Refer: Weighted average [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2021-01-01 -Paragraph 45 -Subparagraph d -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2021-en-r&anchor=para_45_d&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The explanation that enables users of financial statements to understand the effect of share-based payment transactions on the entity's financial position. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2021-01-01 -Paragraph 50 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2021-en-r&anchor=para_50&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_ExplanationOfEffectOfSharebasedPaymentsOnFinancialPositions
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The explanation that enables users of financial statements to understand the effect of share-based payment transactions on the entity's profit (loss). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2021-01-01 -Paragraph 50 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2021-en-r&anchor=para_50&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_ExplanationOfEffectOfSharebasedPaymentsOnProfitOrLoss
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of common shares available for granting of future options. + References No definition available. + Details
Name: | su_DisclosureOfCommonSharesAvailableForGrantingOfFutureOptionsTableTextBlock
Namespace Prefix: | su_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration