INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2024

Intangible assets other than goodwill [abstract]

Schedule of detailed information about intangible assets

The following table presents a continuity of the company’s intangible assets:

	Cost				Accumulated Amortization and Impairment				Total
AS AT AND FOR THE YEARS ENDED DEC. 31 (MILLIONS)	2024		2023		2024		2023		2024		2023
Balance, beginning of year	$	46,592	$	44,409	$	(7,598)	$	(5,998)	$	38,994	$	38,411
Additions	614		899		—		—		614		899
Disposals1	(714)		(3,989)		306		1,243		(408)		(2,746)
Acquisitions through business combinations	1,632		4,096		—		—		1,632		4,096
Amortization and impairment	—		—		(2,520)		(2,653)		(2,520)		(2,653)
Foreign currency translation and other	(2,873)		1,177		633		(190)		(2,240)		987
Balance, end of year	$	45,251	$	46,592	$	(9,179)	$	(7,598)	$	36,072	$	38,994

1.Includes assets sold and amounts reclassified to held for sale.

Intangible assets are allocated to the following operating segments:

AS AT DEC. 31 (MILLIONS)	Note	2024		2023
Private Equity	(a)	$	18,907	$	21,217
Infrastructure	(b)	15,682		15,845
Real Estate (LP Investments) and Other1	(c)	1,483		1,932
		$	36,072	$	38,994

1.Real estate LP investments are included within our Asset Management segment as we include the discretionary capital that we invest directly into and alongside private funds managed by BAM and other investments within this segment.

a