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Offsetting financial assets and liabilities (Tables)
 12 Months Ended
Oct. 31, 2025
Text Block [Abstract]  
Schedule of Financial Assets and Financial Liabilities
The following table identifies the amounts that have been offset on the consolidated balance sheet in accordance with the requirements of IAS 32 “Financial Instruments: Presentation”, and also those amounts that are subject to enforceable netting agreements but do not qualify for offsetting on the consolidated balance sheet either because we do not have a currently enforceable legal right to set-off the recognized amounts, or because we do not intend to settle on a net basis or to realize the asset and settle the liability simultaneously.
 
        Amounts subject to enforceable netting agreements              
     

 
Gross
amounts of
recognized
financial
instruments
  
 
 
 
 
    
Gross
amounts
offset on the
consolidated
balance sheet
  
 
 
 
 (1)
 
       Related amounts not set-off on
the consolidated balance sheet
 		    
 
Amounts not
subject to
enforceable
netting
agreements
  
 
 
 
 (4)
 
    
 
Net amounts
presented on
the consolidated
balance sheet
  
 
 
 
$ millions, as at October 31     Net
amounts		  
 		     Financial
instruments		  
 (2)
 		     Collateral
received		  
 (3)
 		     Net
amounts		  
 
2025
  
Financial assets
                
 
Derivatives
  
$
32,224
 
  
$
(46
)
  
$
32,178
 
  
$
(24,469
)
  
$
(6,474
)
  
$
1,235
 
  
$
6,174
 
  
$
38,352
 
 
Cash collateral on securities borrowed
  
 
21,697
 
  
 
–
 
  
 
21,697
 
  
 
–
 
  
 
(21,161
)
  
 
536
 
  
 
–
 
  
 
21,697
 
   
Securities purchased under resale agreements
  
 
108,220
 
  
 
(21,525
)
  
 
86,695
 
  
 
–
 
  
 
(86,584
)
  
 
111
 
  
 
–
 
  
 
86,695
 
   
Total
  
$
162,141
 
  
$
(21,571
)
  
$
140,570
 
  
$
(24,469
)
  
$
(114,219
)
  
$
1,882
 
  
$
6,174
 
  
$
146,744
 
 
Financial liabilities
                
 
Derivatives
  
$
35,634
 
  
$
(46
)
  
$
35,588
 
  
$
(24,469
)
  
$
(9,494
)
  
$
1,625
 
  
$
5,823
 
  
$
41,411
 
 
Cash collateral on securities lent
  
 
6,031
 
  
 
–
 
  
 
6,031
 
  
 
–
 
  
 
(5,989
)
  
 
42
 
  
 
–
 
  
 
6,031
 
   
Obligations related to securities sold under repurchase agreements
  
 
151,567
 
  
 
(21,525
)
  
 
130,042
 
  
 
–
 
  
 
(129,997
)
  
 
45
 
  
 
–
 
  
 
130,042
 
   
Total
  
$
193,232
 
  
$
 (21,571
)
  
$
171,661
 
  
$
(24,469
)
  
$
(145,480
)
  
$
  1,712
 
  
$
5,823
 
  
$
177,484
 
2024
  
Financial assets
                
 
Derivatives
   $ 29,965     $ (40 )    $ 29,925     $ (21,777 )    $ (4,394 )   $ 3,754     $ 6,510     $ 36,435  
 
Cash collateral on securities borrowed
     17,028       –       17,028       –       (14,432 )     2,596       –       17,028  
   
Securities purchased under resale agreements
     86,497       (2,776 )      83,721       –       (80,010 )     3,711       –       83,721  
   
Total
   $ 133,490     $ (2,816 )    $ 130,674     $ (21,777 )    $ (98,836 )   $ 10,061     $ 6,510     $ 137,184  
 
Financial liabilities
                
 
Derivatives
   $ 35,361     $ (40 )    $ 35,321     $ (21,777 )    $ (7,842 )   $ 5,702     $ 5,333     $ 40,654  
 
Cash collateral on securities lent
     7,997       –       7,997       –       (5,169 )     2,828       –       7,997  
   
Obligations related to securities sold under repurchase agreements
     112,929       (2,776 )      110,153       –       (109,368 )     785       –       110,153  
   
Total
   $  156,287     $  (2,816 )    $  153,471     $  (21,777 )    $  (122,379 )   $  9,315     $  5,333     $  158,804  
 
(1)
Comprises amounts related to financial instruments which qualify for offsetting. This amount excludes derivatives which are settled-to-market (STM) as STM derivatives are settled on a daily basis, resulting in derecognition, rather than offsetting, of the related amounts.
(2)
Comprises amounts subject to set-off under enforceable netting agreements, such as ISDA agreements, derivative exchange or clearing counterparty agreements, global master repurchase agreements, and global master securities lending agreements. Under such arrangements, all outstanding transactions governed by the relevant agreement can be offset if an event of default or other predetermined event occurs.
(3)
Collateral received and pledged amounts are reflected at fair value, but have been limited to the net balance sheet exposure so as not to include any over-collateralization.
(4)
Includes exchange-traded derivatives and derivatives which are STM.