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Commitments and Contingencies (Tables) | 12 Months Ended
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Dec. 31, 2023
Commitments And Contingencies [Abstract] |
Minimum Future Payments, Commitments And Contingent Liabilities | Future payments for the Company’s commitments are below:
As at December 31, 2023 | 1 Year |  | 2 Years |  | 3 Years |  | 4 Years |  | 5 Years |  | Thereafter |  | Total
Transportation and Storage (1) (2) | 2,018 |  | 1,927 |  | 1,680 |  | 1,663 |  | 1,641 |  | 15,738 |  | 24,667
Product Purchases | 617 |  | — |  | — |  | — |  | — |  | — |  | 617
Real Estate | 57 |  | 57 |  | 59 |  | 63 |  | 58 |  | 604 |  | 898
Obligation to Fund HCML | 94 |  | 94 |  | 94 |  | 89 |  | 52 |  | 90 |  | 513
Other Long-Term Commitments (3) | 417 |  | 194 |  | 184 |  | 175 |  | 166 |  | 965 |  | 2,101
Total Commitments | 3,203 |  | 2,272 |  | 2,017 |  | 1,990 |  | 1,917 |  | 17,397 |  | 28,796
As at December 31, 2022 | 1 Year |  | 2 Years |  | 3 Years |  | 4 Years |  | 5 Years |  | Thereafter |  | Total
Transportation and Storage (1) (2) | 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 | 48 |  | 50 |  | 50 |  | 50 |  | 54 |  | 604 |  | 856
Obligation to Fund HCML | 92 |  | 105 |  | 96 |  | 96 |  | 91 |  | 143 |  | 623
Other Long-Term Commitments | 381 |  | 90 |  | 75 |  | 74 |  | 65 |  | 395 |  | 1,080
Total Commitments | 3,894 |  | 3,765 |  | 2,685 |  | 2,558 |  | 2,492 |  | 17,604 |  | 32,998
(1)Includes transportation commitments that are subject to regulatory approval or were approved, but are not yet in service of $13.0 billion (December 31, 2022 – $9.1 billion). Terms are up to 20 years on commencement. Estimated tolls are subject to change pending review by the Canada Energy Regulator. (2)As at December 31, 2023, includes $2.1 billion related to long-term transportation and storage commitments with HMLP (December 31, 2022 – $2.2 billion). (3)The Company acquired $538 million of commitments as part of the Toledo Acquisition on February 28, 2023.

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