MANAGEMENT OF RISKS ARISING FROM HOLDING FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2018

Disclosure of detailed information about financial instruments [abstract]

Disclosure of maturity analysis for financial liabilities

The following tables present the contractual maturities of the company’s financial liabilities at December 31, 2018 and 2017:

	Payments Due by Period
AS AT DEC. 31, 2018 (MILLIONS)	<1 Year		1 to 3 Years		4 to 5 Years		After 5 Years		Total
Principal repayments
Corporate borrowings	$	440	$	257	$	441	$	5,271	$	6,409
Non-recourse borrowings of managed entities	11,159		34,055		24,633		41,962		111,809
Subsidiary equity obligations	185		1,417		356		1,918		3,876
Interest expense1
Corporate borrowings	278		535		504		1,697		3,014
Non-recourse borrowings	5,126		8,124		5,820		7,324		26,394
Subsidiary equity obligations	151		307		218		209		885

1. Represents the aggregated interest expense expected to be paid over the term of the obligations. Variable interest rate payments have been calculated based on current rates.

	Payments Due by Period
AS AT DEC. 31, 2017 (MILLIONS)	<1 Year		1 to 3 Years		4 to 5 Years		After 5 Years		Total
Principal repayments
Corporate borrowings	$	—	$	478	$	278	$	4,903	$	5,659
Non-recourse borrowings of managed entities	10,756		17,695		16,764		27,515		72,730
Subsidiary equity obligations	76		53		1,001		2,531		3,661
Interest expense1
Corporate borrowings	259		494		462		1,433		2,648
Non-recourse borrowings	3,248		5,024		3,575		5,314		17,161
Subsidiary equity obligations	226		428		340		322		1,316

1. Represents the aggregated interest expense expected to be paid over the term of the obligations. Variable interest rate payments have been calculated based on current rates