Assets Held for Sale and Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2022

Asset Held for Sale and Discontinued Operations [Abstract]

Results of discontinued operations

Results of discontinued operations of the Fort Hills disposal group

(CAD$ in millions)	2022		2021
Revenue	$	1,597	$	715
Cost of sales	(1,291)		(848)
Gross profit (loss)	306		(133)
Asset impairment	(1,243)		—
Other operating income	6		—
Loss from discontinued operations	$	(931)	$	(133)
Net finance expense	(25)		(25)
Non-operating income	—		2
Loss from discontinued operations before taxes	(956)		(156)
Recovery of (provision for) income taxes	184		(99)
Loss from discontinued operations	$	(772)	$	(255)

Assets and liabilities of the Fort Hills disposal group and the Quintette disposal group held for sale as at December 31, 2022

(CAD$ in millions)	Fort Hills		Quintette		Total
Cash and cash equivalents	$	34	$	—	$	34
Inventories	53		—		53
Prepaid and other current assets	49		—		49
Financial and other assets	42		1		43
Property, plant and equipment	1,124		263		1,387
Total assets held for sale	$	1,302	$	264	$	1,566
Trade accounts payable and other liabilities	$	172	$	5	$	177
Current portion of lease liabilities	9		—		9
Current income taxes payable	46		—		46
Lease liabilities	200		—		200
Deferred income tax liabilities	18		50		68
Provisions and other liabilities	110		35		145
Total liabilities associated with assets held for sale	$	555	$	90	$	645