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OTHER LONG TERM LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2019
OTHER LONG TERM LIABILITIES  
Schedule of other long-term liabilities

                                                                                                                                                                                                                                  

($ millions)

 

December 31
2019

 

December 31
2018

 


Pensions and other post-retirement benefits (note 22)

 

1 577

 

1 420

 


Share-based compensation plans (note 25)

 

289

 

259

 


Partnership liability(1)

 

446

 

470

 


Deferred revenue

 

40

 

46

 


Libya Exploration and Production Sharing Agreement (EPSA) signature bonus(2)

 

79

 

83

 


Other

 

68

 

68

 


 

 

2 499

 

2 346

 


 

 

 

 

(1)       

The company paid $62 million in 2019 (2018 – $62 million) in distributions to the partners, of which $55 million (2018 – $56 million) was allocated to interest expense and $7 million (2018 – $6 million) to the principal.

(2)       

As part of the 2009 acquisition of Petro-Canada, the company assumed the remaining US$500 million obligation for a signature bonus relating to Petro-Canada's ratification of six EPSAs in Libya. At December 31, 2019, the carrying amount of the Libya EPSAs' signature bonus was $81 million (December 31, 2018 – $85 million). The current portion is $2 million (December 31, 2018 – $2 million) and is recorded in Accounts Payable and Accrued Liabilities.