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ACCOUNTS PAYABLE AND OTHER
 12 Months Ended
Dec. 31, 2021
Subclassifications of assets, liabilities and equities [abstract]  
ACCOUNTS PAYABLE AND OTHER ACCOUNTS PAYABLE AND OTHER
AS AT DEC. 31 (MILLIONS)20212020
Accounts payable$11,258 $9,543 
Provisions4,244 5,065 
Lease liabilities9,041 8,223 
Other liabilities28,003 27,851 
Total$52,546 $50,682 
The current and non-current balances of accounts payable, provisions and other liabilities are as follows:
AS AT DEC. 31 (MILLIONS)20212020
Current$29,136 $25,857 
Non-current23,410 24,825 
Total$52,546 $50,682 
Post-Employment Benefits
The company offers pension and other post-employment benefit plans to employees of certain of its subsidiaries. The company’s obligations under its defined benefit pension plans are determined periodically through the preparation of actuarial valuations. The benefit plans’ valuation change during the year was an increase of $545 million (2020 – a decrease of $298 million). The discount rate used was 3% (2020 – 2%) with an increase in the rate of compensation of 1% (2020 – 1%), and an investment rate of 4% (2020 – 3%).
AS AT DEC. 31 (MILLIONS)20212020
Plan assets$3,503 $3,335 
Less accrued benefit obligation:
Defined benefit pension plan(4,352)(4,613)
Other post-employment benefits(163)(185)
Net liability(1,012)(1,463)
Less: net actuarial (losses) gains and other(29)11 
Accrued benefit liability$(1,041)$(1,452)