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Other Assets
12 Months Ended
Dec. 31, 2019
Other Noncurrent Assets [Abstract]  
Other Assets

20. OTHER ASSETS

As at

December 31, 2019

 

 

January 1, 2019 (1)

 

Intangible Assets

 

101

 

 

 

6

 

Equity Investments (Note 35)

 

52

 

 

 

38

 

Net Investment in Finance Leases

 

30

 

 

 

14

 

Long-Term Receivables

 

21

 

 

 

12

 

Prepaids

 

7

 

 

 

8

 

 

 

211

 

 

 

78

 

 

(1)

See Note 4.

 

In 2019, Cenovus entered into an agreement to assume a firm capacity shipper position in a pipeline transportation services agreement from a third party. The fee was recorded as an intangible asset at cost and will be amortized over the life of the contract of approximately 10 years.