EQUITY ACCOUNTED INVESTMENTS

6 Months Ended

Jun. 30, 2026

Investments in subsidiaries, joint ventures and associates reported in separate financial statements [abstract]

EQUITY ACCOUNTED INVESTMENTS

EQUITY ACCOUNTED INVESTMENTS

The following table presents the change in the balance of investments in associates and joint ventures:

AS AT AND FOR THE SIX MONTHS ENDED JUN. 30, 2026 (MILLIONS)
Balance, beginning of period	$	79,881
Additions, net of disposals1	8,652
Share of comprehensive income2	972
Distributions received	(1,753)
Foreign currency translation and other	(70)
Balance, end of period	$	87,682

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

2.Includes $2.1 billion of net income and $1.1 billion of other comprehensive loss.