XML 11 R2.htm IDEA: XBRL DOCUMENT v3.24.2
Condensed Consolidated Statement of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Product and service revenues $ 2,193 $ 2,352 $ 4,580 $ 4,944
Gains (losses) on risk management, net 77 147 23 89
Sublease revenues 18 18 37 35
Total Revenues 2,288 2,517 4,640 5,068
Operating Expenses        
Production, mineral and other taxes 89 76 172 160
Transportation and processing 413 452 832 907
Operating 237 175 480 381
Purchased product 333 692 773 1,393
Depreciation, depletion and amortization 580 419 1,146 783
Accretion of asset retirement obligation 4 4 9 9
Administrative 76 168 178 226
Total Operating Expenses 1,732 1,986 3,590 3,859
Operating Income (Loss) 556 531 1,050 1,209
Other (Income) Expenses        
Interest 105 80 203 151
Foreign exchange (gain) loss, net (10) 25 (38) 22
Other (gains) losses, net (5) (11) (9) (14)
Total Other (Income) Expenses 90 94 156 159
Net Earnings (Loss) Before Income Tax 466 437 894 1,050
Income tax expense (recovery) 126 101 216 227
Net Earnings (Loss) $ 340 $ 336 $ 678 $ 823
Net Earnings (Loss) per Share of Common Stock        
Basic $ 1.28 $ 1.35 $ 2.53 $ 3.33
Diluted $ 1.27 $ 1.34 $ 2.51 $ 3.28
Weighted Average Shares of Common Stock Outstanding (millions)        
Basic 266.2 249.4 267.9 246.9
Diluted 268.1 250.8 270.6 250.8