v3.26.3
Consolidated balance sheet (U.S. GAAP, unaudited) - CAD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 2,893 $ 1,142
Accounts receivable - net [1] 9,153 4,371
Inventories of crude oil and products 2,118 2,211
Materials, supplies and prepaid expenses 985 693
Total current assets 15,149 8,417
Investments and long-term receivables [2] 1,030 1,103
Property, plant and equipment 61,557 60,031
Less accumulated depreciation and depletion (30,557) (29,168)
Property, plant and equipment - net 31,000 30,863
Goodwill 166 166
Other assets, including intangibles - net 1,946 1,760
Total assets 49,291 42,309
Current liabilities    
Notes and loans payable 19 19
Accounts payable and accrued liabilities [1] 10,519 6,595
Income taxes payable 1,083 2
Total current liabilities 11,621 6,616
Long-term debt [3] 3,965 3,978
Other long-term obligations 5,133 4,959
Deferred income tax liabilities 4,105 4,502
Total liabilities 24,824 20,055
Shareholders’ equity    
Common shares at stated value [4] 874 895
Earnings reinvested 23,594 21,373
Accumulated other comprehensive income (loss) (1) (14)
Total shareholders’ equity 24,467 22,254
Total liabilities and shareholders’ equity $ 49,291 $ 42,309
[1]
Accounts receivable - net included net amounts receivable from related parties.$1,110 399
[2]
Investments and long-term receivables included amounts from related parties.232251
[3]
Long-term debt included amounts to related parties.3,4473,447
[4]
Number of common shares authorized (millions).1,1001,100
Number of common shares outstanding (millions).472484