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Inventories | 12 Months Ended
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Dec. 31, 2024
Classes of current inventories [abstract] |
Inventories |
14. INVENTORIES
As at December 31, | 2024 |  | 2023 |  |  |  |
Product |  |  |  |  |  |  |
Crude Oil | 2,297 |  | 2,084 |  |  |  |
Diluent | 401 |  | 379 |  |  |  |
Natural Gas and NGLs | 77 |  | 68 |  |  |  |
Refined Products | 1,176 |  | 1,073 |  |  |  |
Total Product | 3,951 |  | 3,604 |  |  |  |
Parts and Supplies | 545 |  | 426 |  |  |  |
| 4,496 |  | 4,030 |  |  |  |
For the year ended December 31, 2024, approximately $42.8 billion of produced and purchased inventory was recorded as an expense (2023 – approximately $39.1 billion). As at December 31, 2024, the Company had no inventory write-downs. As at December 31, 2023, the Company recorded non-cash inventory write-downs of $86 million and $3 million in refined products and crude oil inventory, respectively. The non-cash inventory write-downs were included in purchased product, transportation and blending expense.

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- Definition The entire disclosure for inventories. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 2 -IssueDate 2024-01-01 -Section Disclosure -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=2&code=ifrs-tx-2024-en-r&doctype=Standard&dita_xref=IAS02_g36-39_TI -URIDate 2024-03-27 + Details
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