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v3.22.4

Segmented Information - Summary (Details) - CAD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021
Revenues and Other Income |  |
Less : Royalties | $ (4,571) | $ (2,001)
Operating revenues, net of royalties | 58,336 | 39,132
Other (loss) income | 131 | (31)
Revenues and Other Income | 58,467 | 39,101
Expenses |  |
Purchases of crude oil and products | 20,775 | 13,791
Operating, selling and general | 12,807 | 11,366
Transportation and distribution | 1,671 | 1,479
Depreciation, depletion, amortization and impairment | 8,786 | 5,850
Exploration | 56 | 47
(Gain) loss on disposal of assets | 45 | (257)
Financing expenses | 2,011 | 1,255
Expenses | 46,151 | 33,531
Earnings (Loss) before Income Taxes | 12,316 | 5,570
Income Tax Expense (Recovery) |  |
Current | 4,229 | 1,395
Deferred | (990) | 56
Total Income Tax Expense (Recovery) | 3,239 | 1,451
Net Earnings | 9,077 | 4,119
Capital and Exploration Expenditures | 4,987 | 4,555
Capital expenditures classified as assets held for sale | 133 |
Reclassification adjustment |  |
Revenues and Other Income |  |
Gross revenues | (150) |
Expenses |  |
Purchases of crude oil and products | (150) |
Operating segments |  |
Revenues and Other Income |  |
Gross revenues | 62,907 | 41,133
Oil Sands |  |
Revenues and Other Income |  |
Less : Royalties | (3,963) | (1,523)
Operating revenues, net of royalties | 26,468 | 18,397
Other (loss) income | (53) | 6
Revenues and Other Income | 26,415 | 18,403
Expenses |  |
Purchases of crude oil and products | 2,050 | 1,444
Operating, selling and general | 9,152 | 8,056
Transportation and distribution | 1,210 | 1,126
Depreciation, depletion, amortization and impairment | 7,927 | 4,585
Exploration | 37 | 12
(Gain) loss on disposal of assets | (7) | (4)
Financing expenses | 413 | 359
Expenses | 20,782 | 15,578
Earnings (Loss) before Income Taxes | 5,633 | 2,825
Income Tax Expense (Recovery) |  |
Capital and Exploration Expenditures | 3,540 | 3,168
Oil Sands | Operating segments |  |
Revenues and Other Income |  |
Gross revenues | 21,905 | 15,319
Oil Sands | Intersegment revenues |  |
Revenues and Other Income |  |
Gross revenues | 8,526 | 4,601
Exploration and Production |  |
Revenues and Other Income |  |
Less : Royalties | (608) | (478)
Operating revenues, net of royalties | 3,723 | 2,500
Other (loss) income | 164 | 17
Revenues and Other Income | 3,887 | 2,517
Expenses |  |
Operating, selling and general | 490 | 429
Transportation and distribution | 101 | 112
Depreciation, depletion, amortization and impairment | (105) | 324
Exploration | 19 | 35
(Gain) loss on disposal of assets | 66 | (227)
Financing expenses | 95 | 53
Expenses | 666 | 726
Earnings (Loss) before Income Taxes | 3,221 | 1,791
Income Tax Expense (Recovery) |  |
Capital and Exploration Expenditures | 443 | 270
Exploration and Production | Operating segments |  |
Revenues and Other Income |  |
Gross revenues | 4,331 | 2,978
Refining and Marketing |  |
Revenues and Other Income |  |
Operating revenues, net of royalties | 36,728 | 22,915
Other (loss) income | (60) | (50)
Revenues and Other Income | 36,668 | 22,865
Expenses |  |
Purchases of crude oil and products | 27,261 | 16,807
Operating, selling and general | 2,427 | 2,019
Transportation and distribution | 396 | 282
Depreciation, depletion, amortization and impairment | 844 | 853
(Gain) loss on disposal of assets | (11) | (19)
Financing expenses | 57 | 56
Expenses | 30,974 | 19,998
Earnings (Loss) before Income Taxes | 5,694 | 2,867
Income Tax Expense (Recovery) |  |
Capital and Exploration Expenditures | 816 | 825
Refining and Marketing | Operating segments |  |
Revenues and Other Income |  |
Gross revenues | 36,622 | 22,808
Refining and Marketing | Intersegment revenues |  |
Revenues and Other Income |  |
Gross revenues | 106 | 107
Corporate and Eliminations |  |
Revenues and Other Income |  |
Operating revenues, net of royalties | (8,583) | (4,680)
Other (loss) income | 80 | (4)
Revenues and Other Income | (8,503) | (4,684)
Expenses |  |
Purchases of crude oil and products | (8,536) | (4,460)
Operating, selling and general | 738 | 862
Transportation and distribution | (36) | (41)
Depreciation, depletion, amortization and impairment | 120 | 88
(Gain) loss on disposal of assets | (3) | (7)
Financing expenses | 1,446 | 787
Expenses | (6,271) | (2,771)
Earnings (Loss) before Income Taxes | (2,232) | (1,913)
Income Tax Expense (Recovery) |  |
Capital and Exploration Expenditures | 188 | 292
Corporate and Eliminations | Operating segments |  |
Revenues and Other Income |  |
Gross revenues | 49 | 28
Corporate and Eliminations | Intersegment revenues |  |
Revenues and Other Income |  |
Gross revenues | $ (8,632) | $ (4,708)

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