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Accounts Receivable And Accrued Revenues
12 Months Ended
Dec. 31, 2017
Accounts Receivable And Accrued Revenues [Abstract]  
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

7.Accounts Receivable and Accrued Revenues





 

 

 

 

 

As at December 31

 

2017 

 

 

2016 



 

 

 

 

 

Trade Receivables and Accrued Revenues

 

 

 

 

 

   Oil, NGLs and natural gas

$

425 

 

$

394 

   Midstream and marketing

 

284 

 

 

161 

   Derivative financial instruments

 

3 

 

 

4 

   Corporate and other

 

9 

 

 

81 

Total Trade Receivables and Accrued Revenues

 

721 

 

 

640 

Prepaids

 

21 

 

 

18 

Deposits and Other

 

37 

 

 

11 



 

779 

 

 

669 

Allowance for Doubtful Accounts

 

(5)

 

 

(6)



$

774 

 

$

663 





Encana’s trade receivables balance primarily consists of oil, NGLs and natural gas sales receivables, marketing revenues and joint interest receivables. Trade receivables are non-interest bearing. In determining the recoverability of trade receivables, the Company considers the age of the outstanding receivable and the credit worthiness of the counterparties. The Company charges uncollectible trade receivables to the allowance for doubtful accounts when it is determined no longer collectible. See Note 22 for further information about credit risk.