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Other liabilities (Tables)
12 Months Ended
Oct. 31, 2024
Text Block [Abstract]  
Summary of Other liabilities
 
 
 
 
 
 
 
 
 
$ millions, as at October 31
  
2024
 
  
2023
 
Accrued interest payable
  
$
4,982
 
  $ 4,530  
Defined benefit liability
(Note 1
7
)
  
 
460
 
    462  
Gold and silver certificates
  
 
158
 
    119  
Brokers’ client accounts
  
 
5,951
 
    5,907  
Derivative collateral payable
  
 
4,459
 
    3,381  
Negotiable instruments
  
 
1,079
 
    1,228  
Accrued employee compensation and benefits
  
 
3,899
 
    2,580  
Accounts payable and accrued expenses
  
 
3,202
 
    2,804  
Other
(1)(2)
  
 
5,965
 
    5,642  
    
$
  30,155
 
  $   26,653  
 
(1)
Includes the carrying value of our lease liabilities, which was $2,028 million as at October 31, 2024 (2023: $
2,018
million). The undiscounted cash flows related to the contractual maturity of our lease liabilities is $
346
million for the period less than 1 year,
$1,066
million between years 1-5, and $
1,058
million thereafter until expiry of the leases. During the year ended October 31, 2024, interest expense on lease liabilities was $
72
million (2023: $
67
million).
(
2
)
Certain prior year information has been restated to reflect the adoption of IFRS 17. See Note 1 to the consolidated financial statements for additional details.