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ACCOUNTS PAYABLE AND OTHER
12 Months Ended
Dec. 31, 2022
Subclassifications of assets, liabilities and equities [abstract]  
ACCOUNTS PAYABLE AND OTHER ACCOUNTS PAYABLE AND OTHER
AS AT DEC. 31 (MILLIONS)20222021
Accounts payable$12,743 $11,258 
Provisions3,591 4,244 
Lease liabilities8,506 9,041 
Other liabilities32,225 28,003 
Total$57,065 $52,546 
The current and non-current balances of accounts payable, provisions and other liabilities are as follows:
AS AT DEC. 31 (MILLIONS)20222021
Current$33,574 $29,136 
Non-current23,491 23,410 
Total$57,065 $52,546 
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 $308 million (2021 – $545 million). The discount rate used was 5% (2021 – 3%) with an increase in the rate of compensation of 1% (2021 – 1%), and an investment rate of 4% (2021 – 4%).
AS AT DEC. 31 (MILLIONS)20222021
Plan assets$2,560 $3,503 
Less accrued benefit obligation:
Defined benefit pension plan(3,141)(4,352)
Other post-employment benefits(128)(163)
Net liability(709)(1,012)
Less: net actuarial losses and other(11)(29)
Accrued benefit liability$(720)$(1,041)