Interest income and expense (Tables)

12 Months Ended

Oct. 31, 2023

Text Block [Abstract]

Summary of Consolidated Interest Income and Expense for Both Product and Accounting Categories

The table below provides the consolidated interest income and expense by accounting categories.

$ millions, for the year ended October 31		Interest income		Interest expense
2023	Measured at amortized cost (1)(2)	$	39,705	$	30,712
	Debt securities measured at FVOCI (1)		2,808		n/a
	Other (3)		2,506		1,482
	Total	$	45,019	$	32,194
2022	Measured at amortized cost (1)(2)	$	19,140	$	8,778
	Debt securities measured at FVOCI (1)		855		n/a
	Other (3)		2,184		760
	Total	$	22,179	$	9,538

(1) Interest income for financial instruments that are measured at amortized cost and debt securities that are measured at FVOCI is calculated using the effective interest rate method.

(2) Includes interest income on sublease-related assets and interest expense on lease liabilities under IFRS 16.

(3) Includes interest income and expense and dividend income for financial instruments that are mandatorily measured and designated at FVTPL and equity securities designated at FVOCI.

n/a Not applicable.