Rendering
| Component: (Network and Table) |
|---|
| Network | 133 - Disclosure - Other long-term obligations (Tables) (http://www.imperialoil.ca/taxonomy/role/NotesToFinancialStatementsOtherLiabilitiesDisclosureTextBlockTables) |
| Table | Statement [Table] |
Slicers (applies to each fact value in each table cell)
| Reporting Entity [Axis] | 0000049938 (http://www.sec.gov/CIK) |
| Legal Entity [Axis] | Entity [Domain] |
| Statement [Line Items] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Other Long-Term Obligations |
|
|
|
|
|
|
|
|
|
| millions of
Canadian dollars |
|
2016 |
|
|
2015 |
|
|
|
|
|
Employee retirement benefits (a)
(note 4)
|
|
|
1,645 |
|
|
|
1,470 |
|
|
Asset retirement obligations and other environmental
liabilities (b)
|
|
|
1,544 |
|
|
|
1,628 |
|
|
Share-based incentive compensation liabilities (note 7)
|
|
|
139 |
|
|
|
134 |
|
|
Other obligations
|
|
|
328 |
|
|
|
365 |
|
|
|
|
|
Total other long-term obligations
|
|
|
3,656 |
|
|
|
3,597 |
|
|
|
|
| (a) |
Total recorded employee retirement
benefits obligations also included $58 million in current
liabilities (2015 – $59 million). |
| (b) |
Total asset retirement obligations
and other environmental liabilities also included $108 million
in current liabilities (2015 – $116 million). |
|
Schedule of Asset Retirement Obligations |
Asset retirement obligations incurred in the current period were
Level 3 fair value measurements. The following table
summarizes the activity in the liability for asset retirement
obligations:
|
|
|
|
|
|
|
|
|
| millions of Canadian dollars |
|
2016 |
|
|
2015 |
|
|
|
|
|
Balance as at January 1
|
|
|
1,571 |
|
|
|
1,292 |
|
|
Additions (Deductions)
|
|
|
(160) |
|
|
|
250 |
|
|
Reductions due to property sales
|
|
|
- |
|
|
|
(12) |
|
|
Accretion
|
|
|
97 |
|
|
|
84 |
|
|
Settlement
|
|
|
(36) |
|
|
|
(43) |
|
|
|
|
|
Balance as at December 31
|
|
|
1,472 |
|
|
|
1,571 |
|
|
|
|
|