Consolidated Balance Sheet (U.S. GAAP) (CAD) In Millions, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012
Current Assets
Cash	272	[1]	482	[1]
Accounts receivable, less estimated doubtful amounts	2,084		1,976
Inventories of crude oil and products (note 11)	1,030		827
Materials, supplies and prepaid expenses	342		280
Deferred income tax assets (note 3)	559		527
Total current assets	4,287		4,092
Long-term receivables, investments and other long-term assets	1,332		1,090
Property, plant and equipment, less accumulated depreciation and depletion (note 2)	31,320	[2]	23,922	[2]
Goodwill (note 2)	224		204
Other intangible assets, net	55		56
Total assets (note 2)	37,218	[3]	29,364	[3]
Current liabilities
Notes and loans payable (note 12)	1,843	[4]	472	[4]
Accounts payable and accrued liabilities (note 11)	4,518	[5]	4,249	[5]
Income taxes payable	727		1,184
Total current liabilities	7,088		5,905
Long-term debt (note 14)	4,444	[6]	1,175	[6]
Other long-term obligations (note 5)	3,091		3,983
Deferred income tax liabilities (note 3)	3,071		1,924
Total liabilities	17,694		12,987
Commitments and contingent liabilities (note 9)
Shareholders' equity
Common shares at stated value (note 10)	1,566	[7]	1,566	[7]
Earnings reinvested	19,679		17,266
Accumulated other comprehensive income	(1,721)		(2,455)
Total shareholders' equity	19,524		16,377
Total liabilities and shareholders' equity	37,218		29,364

[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] Includes property, plant and equipment under construction of $9,234 million (2012 - $13,846 million).

[3] The majority of the goodwill has been assigned to the Downstream segment. Goodwill of $20 million was recognized in 2013 in the Upstream segment as a result of the Celtic acquisition (note 18). There have been no goodwill impairment losses or write-offs due to sales in the past three years. Fair value used in quantitative goodwill impairment tests was Level 3 (unobservable inputs).

[4] Notes and loans payable includes amounts to related parties of $75 million (2012 - nil)

[5] Accounts payable and accrued liabilities include amounts payable to related parties of $170 million (2012 - amounts receivable of $9 million), (note 16).

[6] Long-term debt includes amounts to related parties of $4,316 million (2012 - $1,040 million).

[7] Number of common shares outstanding was 848 million (2012 - 848 million), (note 10).