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Consolidated Statements of Comprehensive Income (Loss) - CAD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023
Revenue [abstract] |  |  |
Revenues | [1] | $ 54,277 | $ 52,204
Expenses |  |  |
Purchased product, transportation and blending | [1] | 36,641 | 34,856
Operating |  | 6,841 | 6,352
(Gain) Loss on Risk Management |  | 58 | 61
Depreciation, Depletion, Amortization and Exploration Expense | [1] | 4,940 | 4,686
(Income) Loss From Equity-Accounted Affiliates |  | (66) | (51)
General and Administrative |  | 794 | 688
Finance Costs, Net | [1] | 514 | 538
Integration, Transaction and Other Costs |  | 166 | 85
Foreign Exchange (Gain) Loss, Net |  | 462 | (67)
(Gain) Loss on Divestiture of Assets | [1] | (119) | 20
Re-measurement of Contingent Payments |  | 30 | 59
Other (Income) Loss, Net |  | (55) | (63)
Earnings (Loss) Before Income Tax |  | 4,071 | 5,040
Income Tax Expense (Recovery) |  | 929 | 931
Net Earnings (Loss) |  | 3,142 | 4,109
Items That Will not be Reclassified to Profit or Loss: |  |  |
Actuarial Gain (Loss) Relating to Pension and Other Post-Employment Benefits |  | 14 | (44)
Change in the fair value of equity instruments at FVOCI | [2] | 71 | 56
Items That may be Reclassified to Profit or Loss: |  |  |
Foreign Currency Translation Adjustment |  | 1,020 | (274)
Total Other Comprehensive Income (Loss), Net of Tax |  | 1,105 | (262)
Comprehensive Income (Loss) |  | $ 4,247 | $ 3,847
Net Earnings (Loss) Per Common Share ($) |  |  |
Net Earnings (Loss) Per Share — Basic (in CAD per share) |  | $ 1.68 | $ 2.15
Net Earnings (Loss) Per Share — Diluted (in CAD per share) |  | $ 1.67 | $ 2.09
[1] | (1)Revised presentation as of January 1, 2024. See Note 4.
[2] | Fair value through other comprehensive income (loss) (“FVOCI”).

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