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Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2020
Commitments And Contingencies [Abstract]  
Summary of Future Payments of Commitments These items exclude amounts recorded in the Consolidated Balance Sheets.

 

As at December 31, 2020

1 Year

 

 

2 Years

 

 

3 Years

 

 

4 Years

 

 

5 Years

 

 

Thereafter

 

 

Total

 

Transportation and Storage (1)

 

1,014

 

 

 

954

 

 

 

1,341

 

 

 

1,444

 

 

 

1,107

 

 

 

15,537

 

 

 

21,397

 

Real Estate (2)

 

34

 

 

 

36

 

 

 

38

 

 

 

41

 

 

 

44

 

 

 

604

 

 

 

797

 

Capital Commitments

 

1

 

 

 

2

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3

 

Other Long-Term Commitments

 

104

 

 

 

45

 

 

 

32

 

 

 

32

 

 

 

24

 

 

 

85

 

 

 

322

 

Total Payments (3)

 

1,153

 

 

 

1,037

 

 

 

1,411

 

 

 

1,517

 

 

 

1,175

 

 

 

16,226

 

 

 

22,519

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As at December 31, 2019

1 Year

 

 

2 Years

 

 

3 Years

 

 

4 Years

 

 

5 Years

 

 

Thereafter

 

 

Total

 

Transportation and Storage (1)

 

1,005

 

 

 

959

 

 

 

1,026

 

 

 

1,456

 

 

 

1,381

 

 

 

15,672

 

 

 

21,499

 

Real Estate (2)

 

35

 

 

 

36

 

 

 

38

 

 

 

39

 

 

 

42

 

 

 

662

 

 

 

852

 

Other Long-Term Commitments

 

104

 

 

 

44

 

 

 

36

 

 

 

34

 

 

 

28

 

 

 

108

 

 

 

354

 

Total Payments (3)

 

1,144

 

 

 

1,039

 

 

 

1,100

 

 

 

1,529

 

 

 

1,451

 

 

 

16,442

 

 

 

22,705

 

(1)

Includes transportation commitments of $14 billion (2019 – $13 billion) that are subject to regulatory approval or have been approved, but are not yet in service. Terms are up to 20 years subsequent to the date of commencement.

(2)

Relates to the non-lease components of lease liabilities consisting of operating costs and unreserved parking for office space. Excludes committed payments for which a provision has been provided.

(3)

Contracts undertaken on behalf of WRB are reflected at Cenovus’s 50 percent interest.