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Financing costs and additional notes and loans payable information (Tables)

12 Months Ended

Dec. 31, 2014

Schedule Of Financing Costs

millions of dollars		2014				2013				2012
Debt-related interest			82				69				20
Capitalized interest			(82	)			(69	)			(20	)
Net interest expense			-				-				-
Other interest			4				11				(1	)
Total financing costs (a)			4				11				(1	)

(a) Cash interest payments in 2014 were $82 million (2013 – $69 million, 2012 – $20 million). The weighted average interest rate on short-term borrowings in 2014 was 1.1 percent (2013 – 1.1 percent).

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Schedule of financing cost

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