XML 51 R26.htm IDEA: XBRL DOCUMENT v3.22.2
Contingent Payment
6 Months Ended
Jun. 30, 2022
Disclosure of contingent liabilities in business combination [abstract]  
Contingent Payment
20. CONTINGENT PAYMENT
Total
As at December 31, 2021
236
Re-measurement (1)
251
Liabilities Settled or Payable(487)
As at June 30, 2022
(1)     Contingent payment was carried at fair value. Changes in fair value were recorded in net earnings (loss).
On May 17, 2022, the contingent payment obligations associated with the acquisition of a 50 percent interest in the FCCL Partnership (“FCCL”) from ConocoPhillips Company and certain of its subsidiaries ended. As at June 30, 2022, $177 million was payable and represents the final amount owing under this agreement (December 31, 2021 – $160 million). The final payment will be made in July 2022.