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Consolidated balance sheet - CAD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash $ 233 [1] $ 1,718
Accounts receivable, less estimated doubtful accounts (note 5) [2] 1,866 2,699
Inventories of crude oil and products (note 13) 1,253 1,296
Materials, supplies and prepaid expenses 741 616
Total current assets 4,093 6,329
Investments and long-term receivables (note 5) [3] 882 891
Property, plant and equipment, 55,358 54,868
less accumulated depreciation and depletion (21,497) (20,665)
Property, plant and equipment, net 33,861 34,203
Goodwill (note 13) 166 186
Other assets, including intangibles, net 498 578
Total assets 39,500 42,187
Current liabilities    
Notes and loans payable [4] 228 229
Accounts payable and accrued liabilities (note 9) [2] 3,176 4,260
Income taxes payable 0 106
Total current liabilities 3,404 4,595
Long-term debt (note 8) [5] 4,965 4,961
Other long-term obligations (note 9) 3,753 3,637
Deferred income tax liabilities 4,462 4,718
Total liabilities 16,584 17,911
Shareholders' equity    
Common shares at stated value (note 11) [6] 1,357 1,375
Earnings reinvested 23,516 24,812
Accumulated other comprehensive income (loss) (note 12) (1,957) (1,911)
Total shareholders' equity 22,916 24,276
Total liabilities and shareholders' equity $ 39,500 $ 42,187
[1] Cash is composed of cash in bank and cash equivalents at cost. Cash equivalents are all highly liquid securities with maturity of three months or less when purchased.
[2] Accounts receivable, less estimated doubtful accounts included net amounts receivable from related parties of $317 million (2019 - $1,007 million).
[3] Investments and long-term receivables included amounts from related parties of $311 million (2019 - $296 million).
[4] Notes and loans payable included amounts to related parties of $111 million (2019 - $111 million).
[5] Long-term debt included amounts to related parties of $4,447 million (2019 - $4,447 million).
[6] Number of common shares authorized and outstanding were 1,100 million and 734 million, respectively (2019 - 1,100 million and 744 million, respectively).