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Commitments and Contingencies (Tables) | 12 Months Ended
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Dec. 31, 2022
Commitments And Contingencies [Abstract] |
Minimum Future Payments, Commitments And Contingent Liabilities | Future payments for the Company’s commitments are below:
As at December 31, 2022 | 1 Year |  | 2 Years |  | 3 Years |  | 4 Years |  | 5 Years |  | Thereafter |  | Total
Transportation and Storage (1) | 1,747 |  | 2,011 |  | 1,542 |  | 1,416 |  | 1,360 |  | 13,005 |  | 21,081
Product Purchases | 1,626 |  | 1,509 |  | 922 |  | 922 |  | 922 |  | 3,457 |  | 9,358
Real Estate (2) | 48 |  | 50 |  | 50 |  | 50 |  | 54 |  | 604 |  | 856
Obligation to Fund Equity-Accounted Affiliate (3) | 92 |  | 105 |  | 96 |  | 96 |  | 91 |  | 143 |  | 623
Other Long-Term Commitments (4) | 381 |  | 90 |  | 75 |  | 74 |  | 65 |  | 395 |  | 1,080
Total Payments | 3,894 |  | 3,765 |  | 2,685 |  | 2,558 |  | 2,492 |  | 17,604 |  | 32,998
As at December 31, 2021 | 1 Year |  | 2 Years |  | 3 Years |  | 4 Years |  | 5 Years |  | Thereafter |  | Total
Transportation and Storage (1) | 1,677 |  | 1,958 |  | 1,853 |  | 1,488 |  | 1,350 |  | 13,244 |  | 21,570
Product Purchases (5) | 1,684 |  | 1,682 |  | 1,593 |  | 731 |  | 731 |  | 4,204 |  | 10,625
Real Estate (2) | 44 |  | 43 |  | 52 |  | 54 |  | 57 |  | 658 |  | 908
Obligation to Fund Equity-Accounted Affiliate (3) | 68 |  | 85 |  | 99 |  | 90 |  | 90 |  | 210 |  | 642
Other Long-Term Commitments (4) | 436 |  | 83 |  | 72 |  | 63 |  | 81 |  | 366 |  | 1,101
Total Payments | 3,909 |  | 3,851 |  | 3,669 |  | 2,426 |  | 2,309 |  | 18,682 |  | 34,846
(1) Includes transportation commitments of $9.1 billion (December 31, 2021 – $8.1 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 commencement of the contract. (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) Relates to funding obligations for HCML. (4) Includes Cenovus’s proportionate share of the commitments related to WRB, Toledo and the Offshore segment. (5) Previously included in transportation and storage.

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