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Consolidated Statements of Cash Flows (unaudited) - CAD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating Activities        
Net Earnings (Loss) $ 2,432 $ 224 [1] $ 4,057 $ 444 [1]
Depreciation, Depletion and Amortization 1,132 1,036 2,162 2,081
Exploration Expense 0 1 0 11
Inventory Write-Down (Reversal) 0 0 0 16
Realization of Inventory Write-Downs 0 (16) 0 (31)
Deferred Income Tax Expense (Recovery) (61) 63 57 90
Unrealized (Gain) Loss on Risk Management (381) 401 (70) 253
Unrealized Foreign Exchange (Gain) Loss 260 (192) 121 (331)
Realized Foreign Exchange (Gain) Loss on Non-Operating Items 0 0 26 (2)
Re-measurement of Contingent Payment, Net of Cash Paid (279) 249 (203) 436
(Gain) Loss on Divestiture of Assets (62) (60) (304) (72)
Unwinding of Discount on Decommissioning Liabilities 45 46 89 94
(Income) Loss From Equity-Accounted Affiliates 2 (13) [1] (2) (27) [1]
Distributions Received From Equity-Accounted Affiliates 24 61 41 89
Other (14) 17 (293) (93)
Settlement of Decommissioning Liabilities (27) (18) (46) (29)
Net Change in Non-Cash Working Capital (92) (430) (1,291) (1,332)
Cash From (Used in) Operating Activities 2,979 1,369 4,344 1,597
Investing Activities        
Capital Expenditures (823) (534) (1,569) (1,081)
Proceeds From Divestitures 112 100 1,062 105
Payment on Divestiture of Assets (50) 0 (50) 0
Cash Acquired Through Business Combination 0 0 0 735
Net Change in Investments and Other (110) (31) (236) (31)
Net Change in Non-Cash Working Capital 80 41 339 52
Cash From (Used in) Investing Activities (791) (424) (454) (220)
Net Cash Provided (Used) Before Financing Activities 2,188 945 3,890 1,377
Financing Activities        
Net Issuance (Repayment) of Short-Term Borrowings (63) (196) (79) (89)
(Repayment) of Long-Term Debt (750) 0 (1,260) 0
Net Issuance (Repayment) of Revolving Long-Term Debt 0 (400) 0 (350)
Principal Repayment of Leases (75) (77) (150) (152)
Common Shares Issued Under Stock Option Plans 76 0 120 0
Purchase of Common Shares Under NCIB (1,018) 0 (1,484) 0
Proceeds From Exercise of Warrants 34 0 44 1
Other 0 0 (2) 0
Cash From (Used in) Financing Activities (2,011) (717) (3,104) (678)
Effect of Foreign Exchange on Cash and Cash Equivalents 117 (46) 34 (22)
Increase (Decrease) in Cash and Cash Equivalents 294 182 820 677
Cash and Cash Equivalents, Beginning of Period 3,399 873 2,873 378
Cash and Cash Equivalents, End of Period 3,693 1,055 3,693 1,055
Common shares        
Financing Activities        
Purchase of Common Shares Under NCIB     (1,500)  
Dividends paid (207) (36) (276) (71)
Preference shares        
Financing Activities        
Dividends paid $ (8) $ (8) $ (17) $ (17)
[1] See Note 3 for revisions to prior period results.