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PROPERTY, PLANT AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2019
PROPERTY PLANT AND EQUIPMENT  
Disclosure of changes in property, plant and equipment

                                                                                                                                                                                                                                    

($ millions)

 

Oil and Gas
Properties

 

Plant and
Equipment

 

Total

 

 


Cost

 

 

 

 

 

 

 

 


At December 31, 2017

 

36 209

 

78 639

 

114 848

 

 


 

Additions

 

1 221

 

3 958

 

5 179

 

 


 

Transfers from exploration and evaluation

 

31

 

 

31

 

 


 

Acquisitions (notes 32 to 34)

 

289

 

948

 

1 237

 

 


 

Changes in decommissioning and restoration

 

85

 

(22

)

63

 

 


 

Disposals and derecognition

 

(375

)

(4 785

)

(5 160

)

 


 

Foreign exchange adjustments

 

385

 

291

 

676

 

 


At December 31, 2018

 

37 845

 

79 029

 

116 874

 

 


 

Adoption of IFRS 16 (note 5)

 

 

1 792

 

1 792

 

 


 

Additions

 

1 245

 

4 351

 

5 596

 

 


 

Changes in decommissioning and restoration

 

1 846

 

49

 

1 895

 

 


 

Disposals and derecognition

 

(116

)

(439

)

(555

)

 


 

Foreign exchange adjustments

 

(224

)

(214

)

(438

)

 


At December 31, 2019

 

40 596

 

84 568

 

125 164

 

 


Accumulated provision

 

 

 

 

 

 

 

 


At December 31, 2017

 

(17 975

)

(23 380

)

(41 355

)

 


 

Depreciation, depletion, amortization and impairment

 

(1 739

)

(3 849

)

(5 588

)

 


 

Disposals and derecognition

 

255

 

4 545

 

4 800

 

 


 

Foreign exchange adjustments

 

(324

)

(162

)

(486

)

 


At December 31, 2018

 

(19 783

)

(22 846

)

(42 629

)

 


 

Depreciation, depletion, amortization and impairment

 

(2 871

)

(7 764

)

(10 635

)

 


 

Disposals and derecognition

 

116

 

349

 

465

 

 


 

Foreign exchange adjustments

 

149

 

126

 

275

 

 


At December 31, 2019

 

(22 389

)

(30 135

)

(52 524

)

 



Net property, plant and equipment


 


 


 


 


 


 


 


 


 

December 31, 2018

 

18 062

 

56 183

 

74 245

 

 


 

December 31, 2019

 

18 207

 

54 433

 

72 640

 

 


                                                                                                                                                                                    

 

                                                                                                                                                                                    

 

 

                   December 31, 2019

 

                   December 31, 2018

 

 

 


 


($ millions)

 

Cost

 

Accumulated
Provision

 

Net Book
Value

 

Cost

 

Accumulated
Provision

 

Net Book
Value

 


Oil Sands

 

85 246

 

(30 581

)

54 665

 

80 295

 

(22 654

)

57 641

 


Exploration and Production

 

22 876

 

(15 298

)

7 578

 

21 867

 

(14 075

)

7 792

 


Refining and Marketing

 

15 342

 

(5 768

)

9 574

 

13 627

 

(5 092

)

8 535

 


Corporate and Eliminations

 

1 700

 

(877

)

823

 

1 085

 

(808

)

277

 


 

 

125 164

 

(52 524

)

72 640

 

116 874

 

(42 629

)

74 245