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SEGMENTED INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2021
SEGMENTED INFORMATION |
Segmented Information | ​
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​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |
​ | ​ | ​ | ​ | ​ | ​ | Exploration | ​ | Refining and | ​ | Corporate and | ​ | ​ | ​ | ​ |
For the years ended December 31 | ​ | Oil Sands | ​ | and Production | ​ | Marketing | ​ | Eliminations | ​ | Total |
($ millions) |  | 2021 |  | 2020 |  | 2021 |  | 2020 |  | 2021 |  | 2020 |  | 2021 |  | 2020 |  | 2021 |  | 2020 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revenues and Other Income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ | ​
Gross revenues |  | 15 319 |  | 7 792 |  | 2 978 |  | 1 899 |  | 22 808 |  | 15 180 |  | 28 |  | 29 |  | 41 133 |  | 24 900 | ​
Intersegment revenues |  | 4 601 |  | 2 825 |  | - |  | - |  | 107 |  | 92 |  | (4 708) |  | (2 917) |  | - |  | - | ​
Less: Royalties |  | (1 523) |  | (95) |  | (478) |  | (143) |  | - |  | - |  | - |  | - |  | (2 001) |  | (238) | ​
Operating revenues, net of royalties |  | 18 397 |  | 10 522 |  | 2 500 |  | 1 756 |  | 22 915 |  | 15 272 |  | (4 680) |  | (2 888) |  | 39 132 |  | 24 662 | ​
Other income (loss) |  | 6 |  | 298 |  | 17 |  | 54 |  | (50) |  | 48 |  | (4) |  | (10) |  | (31) |  | 390 | ​
​ |  | 18 403 |  | 10 820 |  | 2 517 |  | 1 810 |  | 22 865 |  | 15 320 |  | (4 684) |  | (2 898) |  | 39 101 |  | 25 052 | ​
Expenses |  |  |  |  |  |  |  |  |  | ​ |  |  |  | ​ |  |  |  |  |  |  | ​
Purchases of crude oil and products |  | 1 444 |  | 844 |  | - |  | - |  | 16 807 |  | 11 243 |  | (4 460) |  | (2 975) |  | 13 791 |  | 9 112 | ​
Operating, selling and general(1) |  | 8 056 |  | 7 169 |  | 429 |  | 476 |  | 2 019 |  | 1 759 |  | 862 |  | 390 |  | 11 366 |  | 9 794 | ​
Transportation and distribution(1) |  | 1 126 |  | 1 223 |  | 112 |  | 100 |  | 282 |  | 271 |  | (41) |  | (43) |  | 1 479 |  | 1 551 | ​
Depreciation, depletion, amortization and impairment |  | 4 585 |  | 6 430 |  | 324 |  | 2 147 |  | 853 |  | 867 |  | 88 |  | 82 |  | 5 850 |  | 9 526 | ​
Exploration |  | 12 |  | 57 |  | 35 |  | 129 |  | - |  | - |  | - |  | - |  | 47 |  | 186 | ​
(Gain) loss on disposal of assets |  | (4) |  | (1) |  | (227) |  | - |  | (19) |  | (24) |  | (7) |  | 9 |  | (257) |  | (16) | ​
Financing expenses |  | 359 |  | 336 |  | 53 |  | 47 |  | 56 |  | 37 |  | 787 |  | 576 |  | 1 255 |  | 996 | ​
​ |  | 15 578 |  | 16 058 |  | 726 |  | 2 899 |  | 19 998 |  | 14 153 |  | (2 771) |  | (1 961) |  | 33 531 |  | 31 149 | ​
Earnings (Loss) before Income Taxes |  | 2 825 |  | (5 238) |  | 1 791 |  | (1 089) |  | 2 867 |  | 1 167 |  | (1 913) |  | (937) |  | 5 570 |  | (6 097) | ​
Income Tax Expense (Recovery) |  |  |  |  |  |  |  |  |  | ​ |  |  |  | ​ |  | ​ |  |  |  |  | ​
Current |  | 729 |  | (645) |  | 473 |  | 64 |  | 576 |  | 325 |  | (383) |  | (403) |  | 1 395 |  | (659) | ​
Deferred |  | (51) |  | (797) |  | 33 |  | (321) |  | 113 |  | (24) |  | (39) |  | 23 |  | 56 |  | (1 119) | ​
​ |  | 678 |  | (1 442) |  | 506 |  | (257) |  | 689 |  | 301 |  | (422) |  | (380) |  | 1 451 |  | (1 778) | ​
Net Earnings (Loss) |  | 2 147 |  | (3 796) |  | 1 285 |  | (832) |  | 2 178 |  | 866 |  | (1 491) |  | (557) |  | 4 119 |  | (4 319) | ​
Capital and Exploration Expenditures |  | 3 168 |  | 2 736 |  | 270 |  | 489 |  | 825 |  | 515 |  | 292 |  | 186 |  | 4 555 |  | 3 926 | ​
(1) | Prior period amounts of the Refining and Marketing segment have been reclassified to align with the current year presentation of transportation and distribution expense. For the year ended December 31, 2020, $133 million was reclassified from operating, selling and general expense to transportation and distribution expense. This reclassification had no effect on net earnings (loss).
Disaggregation of revenue from contracts with customers | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
For the years ended December 31 | ​ | 2021 | ​ | 2020
($ millions) | ​ | North America | ​ | International | ​ | Total | ​ | North America | ​ | International | ​ | Total
Oil Sands |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
SCO and diesel |  | 14 452 | ​ | - | ​ | 14 452 | ​ | 8 574 | ​ | - | ​ | 8 574
Bitumen |  | 5 468 | ​ | - | ​ | 5 468 | ​ | 2 043 | ​ | - | ​ | 2 043
​ | ​ | 19 920 | ​ | - | ​ | 19 920 | ​ | 10 617 | ​ | - | ​ | 10 617
Exploration and Production | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Crude oil and natural gas liquids | ​ | 1 709 | ​ | 1 257 | ​ | 2 966 | ​ | 1 089 | ​ | 806 | ​ | 1 895
Natural gas | ​ | - | ​ | 12 | ​ | 12 | ​ | - | ​ | 4 | ​ | 4
​ | ​ | 1 709 | ​ | 1 269 | ​ | 2 978 | ​ | 1 089 | ​ | 810 | ​ | 1 899
Refining and Marketing | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Gasoline | ​ | 9 983 | ​ | - | ​ | 9 983 | ​ | 6 585 | ​ | - | ​ | 6 585
Distillate | ​ | 9 832 | ​ | - | ​ | 9 832 | ​ | 6 525 | ​ | - | ​ | 6 525
Other | ​ | 3 100 | ​ | - | ​ | 3 100 | ​ | 2 162 | ​ | - | ​ | 2 162
​ | ​ | 22 915 | ​ | - | ​ | 22 915 | ​ | 15 272 | ​ | - | ​ | 15 272
Corporate and Eliminations | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | (4 680) | ​ | - | ​ | (4 680) | ​ | (2 888) | ​ | - | ​ | (2 888)
Total Gross Revenue from Contracts with Customers |  | 39 864 | ​ | 1 269 | ​ | 41 133 | ​ | 24 090 | ​ | 810 | ​ | 24 900
Geographical breakdown of operating revenue and non-current assets | Operating Revenues, net of Royalties
​ | ​ | ​ | ​ | ​ | ​
($ millions) |  | 2021 |  | 2020 |
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​
Canada |  | 32 286 |  | 20 588 | ​
United States |  | 5 818 |  | 3 312 | ​
Other foreign |  | 1 028 |  | 762 | ​
​ |  | 39 132 |  | 24 662 | ​
​ Non-Current Assets(1)
​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31 |  | December 31 |
($ millions) | ​ | 2021 | ​ | 2020 | ​
​ | ​ | ​ | ​ | ​ | ​
Canada |  | 68 900 |  | 71 040 | ​
United States |  | 2 020 |  | 1 856 | ​
Other foreign |  | 1 682 |  | 2 125 | ​
​ |  | 72 602 |  | 75 021 | ​
(1) | Excludes deferred income tax assets.

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