ACCOUNTS RECEIVABLE AND OTHER (Tables)

12 Months Ended

Dec. 31, 2024

Subclassifications of assets, liabilities and equities [abstract]

Schedule of accounts receivable and other

AS AT DEC. 31 (MILLIONS)	Note	2024		2023
Accounts receivable	(a)	$	14,493	$	14,879
Prepaid expenses and other assets		13,649		11,363
Restricted cash	(b)	2,076		2,270
Total		$	30,218	$	28,512

Schedule of current and non-current accounts receivable

The current and non-current balances of accounts receivable and other are as follows:

AS AT DEC. 31 (MILLIONS)	2024		2023
Current	$	20,283	$	20,263
Non-current	9,935		8,249
Total	$	30,218	$	28,512

Disclosure of significant unobservable inputs used in fair value measurement of assets [text block]

The following table summarizes the key valuation metrics of the company’s investment properties:

	2024					2023
AS AT DEC. 31	Discount Rate		Terminal Capitalization Rate		Investment Horizon (years)	Discount Rate		Terminal Capitalization Rate		Investment Horizon (years)
Core	6.3	%	4.8	%	11	6.2	%	4.8	%	11
Transitional and development1	7.9	%	6.3	%	10	7.9	%	6.2	%	10
LP Investments1,2	9.1	%	6.2	%	14	8.6	%	5.8	%	13
Other investment properties3	7.9	%	n/a		n/a	7.4	%	n/a		n/a

1.The rates presented are for investment properties valued using the discounted cash flow method. These rates exclude multifamily, triple net lease, student housing, manufactured housing and other investment properties valued using the direct capitalization method.