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OTHER INCOME
 12 Months Ended
Dec. 31, 2020
OTHER INCOME  
OTHER INCOME

7. Other Income

Other income consists of the following:

                                                                                                                                                                                    

($ millions)

 
2020

 
2019

 

 

Energy trading activities

 

 

 

 

 

 

 

Gains recognized in earnings

 
126

 
185

 

 

 

Losses on inventory valuation

 
(25

)
(7

)

 

Short-term commodity risk management

 
49

 
(30

)

 

Investment and interest income

 
94

 
89

 

 

Insurance proceeds(1)

 
96

 
431

 

 

Other

 
50

 
(23

)

 

 

 
390

 
645

 

 

 

 

 

(1)          

2020 includes insurance proceeds for MacKay River within the Oil Sands segment and 2019 includes insurance proceeds for Syncrude and Libyan assets within the Oil Sands segment and Exploration and Production segment, respectively.