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Inventories (Tables) | 12 Months Ended
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Dec. 31, 2023
Inventories |
Schedule of inventories | ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31 |  | December 31 |
($ millions) | ​ | 2023 | ​ | 2022 |
Crude oil(1)(2) |  | 2 127 |  | 2 224 | ​
Refined products |  | 2 244 |  | 2 014 | ​
Materials, supplies and merchandise(1) |  | 994 |  | 834 | ​
Reclassified to assets held for sale (note 33) |  | - |  | (14) | ​
​ |  | 5 365 |  | 5 058 | ​
(1) | Prior period amounts have been reclassified to align with the current year presentation of Inventories. For the year ended December 31, 2022, $149 million was reclassified from crude oil to materials, supplies and equipment. This reclassification had no effect on the inventories presentation on the consolidated balance sheet.
(2) | Includes $113 million of inventories held for trading purposes (2022 – $131 million), which are measured at fair value less costs to sell 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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