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Consolidated Statements of Cash Flows (unaudited) - CAD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Operating Activities        
Net Earnings (Loss) $ 551 $ (194) $ 995 $ (2,226)
Depreciation, Depletion and Amortization 1,153 1,092 3,234 2,615
Exploration Expense 1 25 12 32
Inventories 0 0 16 549
Deferred Income Tax Expense (Recovery) 191 (177) 281 (656)
Unrealized (Gain) Loss on Risk Management (27) (135) 226 7
Unrealized Foreign Exchange (Gain) Loss 111 (140) (220) 229
Re-measurement of Contingent Payment, Net of Cash Paid 79 (31) 515 (97)
(Gain) Loss on Divestiture of Assets (25) (1) (97) 0
Unwinding of Discount on Decommissioning Liabilities 49 14 143 43
Realized Inventory Write-Down 0 (14) (31) (568)
Realized Foreign Exchange (Gain) Loss on Non-Operating Items 139 (30) 137 (33)
(Income) Loss From Equity-Accounted Affiliates (13) 0 (40) 0
Distributions Received From Equity-Accounted Affiliates 26 0 115 0
Other 107 (2) 14 (111)
Settlement of Decommissioning Liabilities (38) (3) (67) (36)
Net Change in Non-Cash Working Capital (166) 328 (1,498) 275
Cash From (Used in) Operating Activities 2,138 732 3,735 23
Investing Activities        
Capital Expenditures – Exploration and Evaluation Assets (16) (1) (37) (42)
Capital Expenditures – Property, Plant and Equipment (631) (151) (1,691) (567)
Proceeds From Divestitures 83 1 188 2
Cash Acquired Through Business Combination 0 0 735 0
Net Cash Received on Assumption of Decommissioning Liabilities 75 0 75 0
Net Change in Investments and Other (2) 0 (33) (4)
Net Change in Non-Cash Working Capital 164 15 216 (52)
Cash From (Used in) Investing Activities (327) (136) (547) (663)
Net Cash Provided (Used) Before Financing Activities 1,811 596 3,188 (640)
Financing Activities        
Issuance (Repayment) of Short-Term Borrowings (19) (159) (108) 133
Issuance of Long-Term Debt 1,557 1,326 1,557 1,326
(Repayment) of Long-Term Debt (2,336) 0 (2,336) (112)
Net Issuance (Repayment) of Revolving Long-Term Debt 0 (1,444) (350) (220)
Principal Repayment of Leases (70) (45) (222) (149)
Proceeds From Exercise of Warrants 1 0 2 0
Cash From (Used in) Financing Activities (913) (322) (1,591) 901
Effect of Foreign Exchange on Cash and Cash Equivalents 57 (22) 35 (43)
Increase (Decrease) in Cash and Cash Equivalents 955 252 1,632 218
Cash and Cash Equivalents, Beginning of Period 1,055 152 378 186
Cash and Cash Equivalents, End of Period 2,010 404 2,010 404
Common shares        
Financing Activities        
Dividends paid (35) 0 (106) (77)
Preferred Shares        
Financing Activities        
Dividends paid $ (9) $ 0 $ (26) $ 0