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Consolidated balance sheet (U.S. GAAP, unaudited) - CAD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 1,176 $ 864
Accounts receivable - net [1] 5,204 4,482
Inventories of crude oil and products 2,106 1,944
Materials, supplies and prepaid expenses 1,043 1,008
Total current assets 9,529 8,298
Investments and long-term receivables [2] 1,082 1,062
Property, plant and equipment, 56,680 56,200
less accumulated depreciation and depletion (25,841) (25,365)
Property, plant and equipment, net 30,839 30,835
Goodwill 166 166
Other assets, including intangibles - net 897 838
Total assets 42,513 41,199
Current liabilities    
Notes and loans payable 121 121
Accounts payable and accrued liabilities (note 7) [1] 6,968 6,231
Income taxes payable 17 251
Total current liabilities 7,106 6,603
Long-term debt (note 6) [3] 4,006 4,011
Other long-term obligations (note 7) 3,860 3,851
Deferred income tax liabilities 4,429 4,512
Total liabilities 19,401 18,977
Shareholders’ equity    
Common shares at stated value (note 9) [4] 992 992
Earnings reinvested 22,781 21,907
Accumulated other comprehensive income (loss) (note 10) (661) (677)
Total shareholders’ equity 23,112 22,222
Total liabilities and shareholders’ equity $ 42,513 $ 41,199
[1]
(a) Accounts receivable - net included net amounts receivable from related parties.6961,048
[2]
(b) Investments and long-term receivables included amounts from related parties.271283
[3]
(c) Long-term debt included amounts to related parties.3,4473,447
[4]
(d) Number of common shares authorized (millions).1,1001,100
Number of common shares outstanding (millions).536536