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Joint Arrangements (Tables) | 12 Months Ended
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Dec. 31, 2024
Subclassifications of assets, liabilities and equities [abstract] |
Disclosure of joint ventures | Summarized below is the financial information for HCML accounted for using the equity method. Results of Operations
For the years ended December 31, | 2024 |  | 2023
Revenue | 736 |  | 615
Expenses | 605 |  | 545
Net Earnings (Loss) | 131 |  | 70
Balance Sheet
As at December 31, | 2024 |  | 2023 |
Current Assets (1) | 441 |  | 334 |
Non-Current Assets | 1,594 |  | 1,751 |
Current Liabilities | 188 |  | 140 |
Non-Current Liabilities | 1,046 |  | 1,188 |
Net Assets | 801 |  | 757 |
(1)Includes cash and cash equivalents of $108 million (December 31, 2023 – $111 million). Summarized aggregate financial information is shown below:
For the years ended December 31, | 2024 |  | 2023
Cenovus's Share of Net Earnings (Loss) | (16) |  | (1)
Cenovus's Share of Other Comprehensive Income (Loss) | (2) |  | (2)
Cenovus's Share of Total Other Comprehensive Income (Loss) | (18) |  | (3)

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