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Employee compensation
12 Months Ended
Dec. 31, 2024
Analysis of income and expense [abstract]  
Employee compensation Employee compensation
Our employee compensation expense includes salaries and wages, employee future benefits, bonuses and termination costs, but excludes restructuring charges. Total compensation expense for the year ended December 31, 2024 was $984 million (2023 - $989 million).
Key management includes directors and officers, and their compensation expense and balance sheet date payables are as follows:
20242023
Expense
Salary and short-term employee benefits$$
Retirement benefits
Equity-based compensation1
10 19 
$19 $29 
1.Amounts do not necessarily represent the actual value which will ultimately be paid.
20242023
Payables and accrued liabilities
Compensation$— $— 
Equity-based compensation1
27 39 
$27 $39 
1.Amounts do not necessarily represent the actual value which will ultimately be paid.