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SUBSIDIARY EQUITY OBLIGATIONS (Tables)
12 Months Ended
Dec. 31, 2024
Disclosure of financial liabilities [abstract]  
Disclosure of detailed information about equity interests classified as liabilities [Table Text Block]
Subsidiary equity obligations consist of the following:
AS AT DEC. 31
(MILLIONS)
Note20242023
Subsidiary preferred shares and capital(a)$3,578 $2,257 
Subsidiary preferred equity units(b)1,042 1,625 
Limited-life funds and redeemable fund units(c)139 263 
Total$4,759 $4,145 
AS AT DEC. 31
(MILLIONS, EXCEPT SHARE INFORMATION)
Shares OutstandingCumulative Dividend RateLocal Currency20242023
Series 2
n/a6.50 %US$$ $587 
Series 3
24,000,000 6.75 %US$576 564 
New LP Preferred Units19,000,749 6.25 %US$466 474 
Total
$1,042 $1,625