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Business Segments (Detail) - CAD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Revenues and other income      
Revenues [1] $ 12,249 $ 12,057  
Investment and other income (note 3) 34 64  
Total revenues and other income 12,283 12,121  
Expenses      
Exploration 1 1  
Purchases of crude oil and products [2] 7,706 7,478  
Production and manufacturing [3] 1,664 1,756  
Selling and general [3] 246 186  
Federal excise tax and fuel charge 591 529  
Depreciation and depletion 490 490  
Non-service pension and postretirement benefit 1 20  
Financing (note 5) [4] 12 16  
Total expenses 10,711 10,476  
Income (loss) before income taxes 1,572 1,645  
Income taxes 377 397  
Net income (loss) 1,195 1,248  
Cash flows from (used in) operating activities 1,076 (821)  
Capital and exploration expenditures 496 429  
Total assets as at March 31 42,513 42,115 $ 41,199
Corporate and other      
Revenues and other income      
Revenues 0 0  
Investment and other income (note 3) 17 42  
Total revenues and other income 17 42  
Expenses      
Exploration 0 0  
Purchases of crude oil and products 0 0  
Production and manufacturing 2 0  
Selling and general 60 4  
Federal excise tax and fuel charge 0 0  
Depreciation and depletion 9 7  
Non-service pension and postretirement benefit 1 20  
Financing (note 5) 11 16  
Total expenses 83 47  
Income (loss) before income taxes (66) (5)  
Income taxes (15) 0  
Net income (loss) (51) (5)  
Cash flows from (used in) operating activities 181 28  
Capital and exploration expenditures 48 30  
Total assets as at March 31 2,699 3,815  
Eliminations      
Revenues and other income      
Revenues (5,960) (5,536)  
Total revenues and other income (5,960) (5,536)  
Expenses      
Exploration 0 0  
Purchases of crude oil and products (5,958) (5,535)  
Production and manufacturing 0 0  
Selling and general (2) (1)  
Federal excise tax and fuel charge 0 0  
Depreciation and depletion 0 0  
Non-service pension and postretirement benefit 0 0  
Financing (note 5) 0 0  
Total expenses (5,960) (5,536)  
Income (loss) before income taxes 0 0  
Income taxes 0 0  
Net income (loss) 0 0  
Cash flows from (used in) operating activities 0 0  
Capital and exploration expenditures 0 0  
Total assets as at March 31 (490) (771)  
Upstream | Intersegment Eliminations      
Revenues and other income      
Revenues 4,122 3,622  
Upstream | Operating Segments      
Revenues and other income      
Revenues 42 76  
Investment and other income (note 3) 4 2  
Total revenues and other income 4,168 3,700  
Expenses      
Exploration 1 1  
Purchases of crude oil and products 1,813 1,543  
Production and manufacturing 1,188 1,287  
Selling and general 0 0  
Federal excise tax and fuel charge 0 0  
Depreciation and depletion 432 434  
Non-service pension and postretirement benefit 0 0  
Financing (note 5) 1 0  
Total expenses 3,435 3,265  
Income (loss) before income taxes 733 435  
Income taxes 175 105  
Net income (loss) 558 330  
Cash flows from (used in) operating activities 891 (398)  
Capital and exploration expenditures 290 321  
Total assets as at March 31 28,661 29,059  
Downstream | Intersegment Eliminations      
Revenues and other income      
Revenues 1,748 1,823  
Downstream | Operating Segments      
Revenues and other income      
Revenues 11,879 11,639  
Investment and other income (note 3) 12 20  
Total revenues and other income 13,639 13,482  
Expenses      
Exploration 0 0  
Purchases of crude oil and products 11,591 11,196  
Production and manufacturing 421 411  
Selling and general 162 157  
Federal excise tax and fuel charge 590 528  
Depreciation and depletion 45 45  
Non-service pension and postretirement benefit 0 0  
Financing (note 5) 0 0  
Total expenses 12,809 12,337  
Income (loss) before income taxes 830 1,145  
Income taxes 199 275  
Net income (loss) 631 870  
Cash flows from (used in) operating activities 7 (419)  
Capital and exploration expenditures 153 74  
Total assets as at March 31 11,126 9,535  
Chemical | Intersegment Eliminations      
Revenues and other income      
Revenues 90 91  
Chemical | Operating Segments      
Revenues and other income      
Revenues 328 342  
Investment and other income (note 3) 1 0  
Total revenues and other income 419 433  
Expenses      
Exploration 0 0  
Purchases of crude oil and products 260 274  
Production and manufacturing 53 58  
Selling and general 26 26  
Federal excise tax and fuel charge 1 1  
Depreciation and depletion 4 4  
Non-service pension and postretirement benefit 0 0  
Financing (note 5) 0 0  
Total expenses 344 363  
Income (loss) before income taxes 75 70  
Income taxes 18 17  
Net income (loss) 57 53  
Cash flows from (used in) operating activities (3) (32)  
Capital and exploration expenditures 5 4  
Total assets as at March 31 $ 517 $ 477  
[1]
(a) Amounts from related parties included in revenues.2,729 3,136 
[2]
(b) Amounts to related parties included in purchases of crude oil and products.985 1,078 
[3]
(c) Amounts to related parties included in production and manufacturing, and selling and general expenses.150 135 
[4]
(d) Amounts to related parties included in financing.44 39