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Consolidated statement of changes in equity - CAD ($)
$ in Millions
Total
Issue of preferred shares and limited recourse capital notes (LRCNs) [member]
Common shares [member]
Additional paid-in capital [member]
Retained earnings [member]
Retained earnings [member]
Issue of preferred shares and limited recourse capital notes (LRCNs) [member]
Retained earnings [member]
Common shares [member]
AOCI, net of tax [member]
AOCI, net of tax [member]
Net foreign currency translation adjustments [member]
AOCI, net of tax [member]
Net gains (losses) on cash flow hedges [member]
AOCI, net of tax [member]
Reserve of remeasurements of defined benefit plans [member]
AOCI, net of tax [member]
Reserve of change in fair value of financial liability attributable to change in credit risk of liability [member]
AOCI, net of tax [member]
Reserve of equity securities designated at fair value of other comprehensive income [member]
AOCI, net of tax [member]
Financial assets at fair value through OCI [member]
Non-controlling interests [member]
Balance at beginning of period (Previously stated [member]) at Oct. 31, 2023         $ 30,352                    
Balance at beginning of period at Oct. 31, 2023   $ 4,925 $ 16,082 $ 109         $ 2,162 $ (1,026) $ 592 $ 128 $ 14 $ (407) $ 232
Net income attributable to equity shareholders $ 1,716       1,716                    
Net income attributable to non-controlling interests 12                           12
Net change in debt securities measured at FVOCI                           150  
Net change in foreign currency translation adjustments                 (641)            
Net change in cash flow hedges 755                 755          
Net change in post-employment defined benefit plans (78)                   (78)        
Net change attributable to changes in credit risk (199)                     (199)      
Dividends and distributions           $ (67) $ (839)               (2)
Realized (gains) losses on equity securities designated at FVOCI reclassified to retained earnings         1               (1)    
Issue of equity     367                        
Compensation expense arising from equity-settled share-based awards       2                      
Exercise of stock options and settlement of other equity-settled share-based awards       (2)                      
Treasury shares     (2)                        
Other       (1) [1] (1)                   (7)
Balance at end of period at Jan. 31, 2024 54,326 4,925 16,447 108 31,162     $ 1,449 1,521 (271) 514 (71) 13 (257) 235
Balance at beginning of period (Previously stated [member]) at Oct. 31, 2024         33,471                    
Balance at beginning of period at Oct. 31, 2024 59,007 4,946 17,011 159         2,176 509 842 (88) 16 (307) 272
Net income attributable to equity shareholders 2,163       2,163                    
Net income attributable to non-controlling interests 8                           8
Net gains (losses) on equity securities designated at FVOCI                         3    
Net change in debt securities measured at FVOCI                           101  
Net change in foreign currency translation adjustments                 882            
Net change in cash flow hedges 291                 291          
Net change in post-employment defined benefit plans 19                   19        
Net change attributable to changes in credit risk (2)                     (2)      
Dividends and distributions           $ (88) $ (914)               (2)
Premium on purchase of common shares for cancellation         (257)                    
Issue of equity   693 77                        
Compensation expense arising from equity-settled share-based awards       2                      
Purchase of common shares for cancellation, Amount (63)   (63)                        
Exercise of stock options and settlement of other equity-settled share-based awards       (5)                      
Treasury shares   2 2                        
Redemption of preferred shares   (300)                          
Other       10 [1] (9)                   11
Balance at end of period at Jan. 31, 2025 $ 61,631 $ 5,341 $ 17,027 $ 166 $ 34,366     $ 4,442 $ 3,058 $ 800 $ 861 $ (90) $ 19 $ (206) $ 289
[1] Includes the portion of the estimated tax benefit related to employee stock options that is incremental to the amount recognized in the interim consolidated statement of income.