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Other Income (Tables)
12 Months Ended
Dec. 31, 2022
Other Income  
Schedule of other income

($ millions)

    

2022

    

2021

  

 

 

Energy trading and risk management

(209)

(165)

Investment and interest income

100

64

Insurance proceeds(1)

 

179

 

69

Other(2)

 

61

 

1

 

131

 

(31)

(1)2022 includes $147 million of property damage insurance proceeds related to the company’s assets in Libya, within the Exploration and Production segment, and $32 million of insurance proceeds for the secondary extraction facilities at Oil Sands Base, within the Oil Sands segment. 2021 includes $31 million of insurance proceeds for the outages at Mackay River and $38 million for the secondary extraction facilities at Oil Sands Base, both within the Oil Sands segment.

(2)2022 includes a US$50 million contingent consideration gain related to the sale of the company’s 26.69% working interest in the Golden Eagle Area Development in the fourth quarter of 2021, within the Exploration and Production segment.