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Other Long Term Liabilities
12 Months Ended
Dec. 31, 2024
Other Long Term Liabilities  
Other Long Term Liabilities

22. Other Long-Term Liabilities

    

December 31

    

December 31

  

($ millions)

2024

2023

 

Pensions and other post-retirement benefits (note 23)

 

508

 

598

Share-based compensation plans (note 26)

 

334

 

339

Partnership liability (note 27)(1)

382

398

Deferred revenue

8

13

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

-

83

Emissions obligations

 

202

 

21

Unrealized losses on energy trading

 

25

 

10

Other

 

43

 

26

 

1 502

 

1 488

(1)The company paid $63 million in 2024 (2023 – $65 million) in distributions to the partners of the East Tank Farm Development, of which $47 million (2023 – $49 million) was allocated to interest expense and $16 million (2023 – $16 million) to the principal.
(2)At December 31, 2024, the carrying amount of the Libya EPSA’s signature bonus is classified as a current liability.