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Other Liabilities (Tables) | 12 Months Ended
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Dec. 31, 2023
Miscellaneous non-current liabilities [abstract] |
Summary of Other Liabilities |
As at December 31, | 2023 |  | 2022
Renewable Volume Obligation, Net (1) | 397 |  | 101
Pension and Other Post-Employment Benefit Plan | 276 |  | 201
Provision for West White Rose Expansion Project (2) | 156 |  | 204
Provisions for Onerous and Unfavourable Contracts | 72 |  | 95
Employee Long-Term Incentives | 100 |  | 245
Drilling Provisions | 25 |  | 31
Deferred Revenue | — |  | 45
Other | 157 |  | 120
| 1,183 |  | 1,042
(1)The gross amounts of the RVO and RINs asset were $785 million and $388 million, respectively (December 31, 2022 – $1.1 billion and $1.0 billion, respectively). (2)Cenovus expects to draw down the provision by $73 million in the next 12 months.

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