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v3.24.3

Debt and Capital Structure - Summary of Net Debt to Adjusted EBITDA (Detail) - CAD ($) $ in Millions | 3 Months Ended | 9 Months Ended | 12 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | ---
Sep. 30, 2024 | Sep. 30, 2023 | Sep. 30, 2024 | Sep. 30, 2023 | Sep. 30, 2024 | Dec. 31, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | Dec. 31, 2022
Disclosure of objectives, policies and processes for managing capital [line items] |  |  |  |  |  |  |  |  |  |
Short-Term Borrowings |  | $ 101 |  | $ 101 |  | $ 101 | $ 179 |  |  |
Long-Term Debt |  | 180 |  | 180 |  | 180 | 0 |  |  |
Long-Term Debt |  | 7,019 |  | 7,019 |  | 7,019 | 7,108 |  |  |
Less: Cash and Cash Equivalents |  | (3,104) | $ (1,262) | (3,104) | $ (1,262) | (3,104) | (2,227) | $ (3,154) | $ (2,167) | $ (4,524)
Net Debt |  | 4,196 |  | 4,196 |  | $ 4,196 | $ 5,060 |  |  |
Net Earnings (Loss) |  | 820 | 1,864 | 2,996 | 3,366 |  |  |  |  |
Add (Deduct): |  |  |  |  |  |  |  |  |  |
Foreign Exchange (Gain) Loss, Net |  | (73) | 133 | 81 | 7 |  |  |  |  |
Gains (losses) on disposals of non-current assets | [1] | (17) | 0 | (121) | 22 |  |  |  |  |
Re-measurement of Contingent Payments |  | 0 | 67 | 30 | 83 |  |  |  |  |
Other (Income) Loss, Net |  | (28) | $ (22) | (158) | $ (42) |  |  |  |  |
Net Debt to Adjusted EBITDA (times) |  |  |  |  |  | 40.00% | 50.00% |  |  |
Rolling Twelve Month Basis |  |  |  |  |  |  |  |  |  |
Disclosure of objectives, policies and processes for managing capital [line items] |  |  |  |  |  |  |  |  |  |
Short-Term Borrowings |  | 101 |  | 101 |  | $ 101 | $ 179 |  |  |
Long-Term Debt |  | 180 |  | 180 |  | 180 | 0 |  |  |
Long-Term Debt |  | 7,019 |  | 7,019 |  | 7,019 | 7,108 |  |  |
Total Debt |  | 7,300 |  | 7,300 |  | 7,300 | 7,287 |  |  |
Less: Cash and Cash Equivalents |  | (3,104) |  | (3,104) |  | (3,104) | (2,227) |  |  |
Net Debt |  | $ 4,196 |  | $ 4,196 |  | 4,196 | 5,060 |  |  |
Net Earnings (Loss) |  |  |  |  |  | 3,739 | 4,109 |  |  |
Add (Deduct): |  |  |  |  |  |  |  |  |  |
Finance costs, net |  |  |  |  |  | 539 | 538 |  |  |
Income Tax Expense (Recovery) |  |  |  |  |  | 1,122 | 931 |  |  |
Depreciation, Depletion and Amortization |  |  |  |  |  | 4,916 | 4,644 |  |  |
Exploration and Evaluation Asset Write-downs |  |  |  |  |  | 69 | 29 |  |  |
(Income) Loss From Equity-Accounted Affiliates |  |  |  |  |  | (76) | (51) |  |  |
Unrealized (Gain) Loss on Risk Management |  |  |  |  |  | (5) | 52 |  |  |
Foreign Exchange (Gain) Loss, Net |  |  |  |  |  | 7 | (67) |  |  |
Gains (losses) on disposals of non-current assets |  |  |  |  |  | (123) | 20 |  |  |
Re-measurement of Contingent Payments |  |  |  |  |  | 6 | 59 |  |  |
Other (Income) Loss, Net |  |  |  |  |  | (179) | (63) |  |  |
Adjusted EBITDA |  |  |  |  |  | $ 10,015 | $ 10,201 |  |  |
[1] | Revised presentation as of January 1, 2024. See Note 3.

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