XML 133 R115.htm IDEA: XBRL DOCUMENT v3.25.0.1
Income Taxes - Changes in net deferred income tax asset (liability) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Reconciliation of changes in the net deferred income tax asset (liability)    
Balance - January 1 $ (949.2) $ (730.7)
Amounts recorded in the consolidated statement of earnings (255.0) (173.3)
Amounts recorded in total equity (7.6) 15.0
Acquisitions of subsidiaries (207.0) (60.9)
Foreign exchange effect and other 29.8 0.7
Balance - December 31 (1,389.0) (949.2)
Operating and capital losses    
Reconciliation of changes in the net deferred income tax asset (liability)    
Balance - January 1 313.4 226.8
Amounts recorded in the consolidated statement of earnings (59.8) 57.2
Amounts recorded in total equity 5.8 15.0
Acquisitions of subsidiaries 10.7 (0.3)
Foreign exchange effect and other (16.0) 14.7
Balance - December 31 254.1 313.4
Investments    
Reconciliation of changes in the net deferred income tax asset (liability)    
Balance - January 1 (611.8) (193.0)
Amounts recorded in the consolidated statement of earnings (183.7) (411.8)
Amounts recorded in total equity 14.4 (5.8)
Acquisitions of subsidiaries 0.1 2.7
Foreign exchange effect and other 13.5 (3.9)
Balance - December 31 (767.5) (611.8)
Insurance and reinsurance held contracts    
Reconciliation of changes in the net deferred income tax asset (liability)    
Balance - January 1 (358.0) (382.8)
Amounts recorded in the consolidated statement of earnings (119.0) 41.1
Acquisitions of subsidiaries (0.3) (4.1)
Foreign exchange effect and other 0.5 (12.2)
Balance - December 31 (476.8) (358.0)
Intangible assets    
Reconciliation of changes in the net deferred income tax asset (liability)    
Balance - January 1 (308.3) (376.1)
Amounts recorded in the consolidated statement of earnings 36.3 116.6
Acquisitions of subsidiaries (186.1) (46.2)
Foreign exchange effect and other 15.3 (2.6)
Balance - December 31 (442.8) (308.3)
Tax credits    
Reconciliation of changes in the net deferred income tax asset (liability)    
Balance - January 1 33.6 75.4
Amounts recorded in the consolidated statement of earnings 25.5 (20.2)
Acquisitions of subsidiaries (0.3)  
Foreign exchange effect and other 0.2 (21.6)
Balance - December 31 59.0 33.6
Other    
Reconciliation of changes in the net deferred income tax asset (liability)    
Balance - January 1 (18.1) (81.0)
Amounts recorded in the consolidated statement of earnings 45.7 43.8
Amounts recorded in total equity (27.8) 5.8
Acquisitions of subsidiaries (31.1) (13.0)
Foreign exchange effect and other 16.3 26.3
Balance - December 31 $ (15.0) $ (18.1)