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Consolidated Statements of Cash Flows (unaudited) - CAD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Operating Activities        
Net Earnings (Loss) $ 1,784 $ (418) $ 1,894 $ (1,072)
Depreciation, Depletion and Amortization 544 559 1,110 1,194
Exploration Expense 4 4 9 6
Deferred Income Taxes (877) 52 (836) 44
Unrealized (Gain) Loss on Risk Management (88) (122) 148 (261)
Unrealized Foreign Exchange (Gain) Loss (419) 213 (648) 495
Re-measurement of Contingent Payment (109) 377 154 494
(Gain) Loss on Discontinuance   38   (306)
(Gain) Loss on Divestiture of Assets (1) (1) 4 (1)
Unwinding of Discount on Decommissioning Liabilities 14 15 28 31
Onerous Contract Provisions, Net of Cash Paid (8) (1) (11) 55
Realized Foreign Exchange (Gain) Loss on Non-Operating Items 263 9 291 6
Other (25) 49 (13) 48
Net Change in Other Assets and Liabilities (13) (17) (34) (35)
Net Change in Non-Cash Working Capital 206 (224) (385) (288)
Cash From (Used in) Operating Activities 1,275 533 1,711 410
Investing Activities        
Capital Expenditures – Exploration and Evaluation Assets (9) (5) (20) (13)
Capital Expenditures – Property, Plant and Equipment (241) (289) (551) (810)
Proceeds From Divestitures (1) (39) (1) 414
Net Change in Investments and Other (7) 3 (9) 9
Net Change in Non-Cash Working Capital (51) (171) (42) (140)
Cash From (Used in) Investing Activities (309) (501) (623) (540)
Net Cash Provided (Used) Before Financing Activities 966 32 1,088 (130)
Financing Activities        
(Repayment) of Long-Term Debt (1,043)   (1,601)  
Net Issuance (Repayment) of Revolving Long-Term Debt 5 (14) 5 (13)
(Repayment) of Finance Lease Liabilities (36)   (69)  
Dividends Paid on Common Shares (62) (62) (123) (122)
Other   (1)   (1)
Cash From (Used in) Financing Activities (1,136) (77) (1,788) (136)
Foreign Exchange Gain (Loss) on Cash and Cash Equivalents Held in Foreign Currency (10) 16 (17) 32
Increase (Decrease) in Cash and Cash Equivalents (180) (29) (717) (234)
Cash and Cash Equivalents, Beginning of Period 244 405 781 610
Cash and Cash Equivalents, End of Period $ 64 $ 376 $ 64 $ 376