Interest Income and Expense

12 Months Ended

Oct. 31, 2021

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Interest Income and Expense

32 Interest Income and Expense

For the year ended October 31 ($ millions)	2021						2020						2019
	Interest income			Interest expense			Interest income			Interest expense			Interest income			Interest expense
Measured at amortized cost(1)	$	23,831		$	7,844		$	28,113		$	12,211		$	30,996		$	15,575
Measured at FVOCI(1)		716			–			1,060			–			1,440			–
		24,547			7,844			29,173			12,211			32,436			15,575
Other		439	(2)		181	(3)		539	(2)		181	(3)		348	(2)		32
Total	$	24,986		$	8,025		$	29,712		$	12,392		$	32,784		$	15,607

(1) The interest income/expense on financial assets/liabilities are calculated using the effective interest method.

(2) Includes dividend income on equity securities.

(3) The interest on lease liabilities was $105 (2020 – $117). Amounts for the years ended 2021 and 2020 were prepared in accordance with IFRS 16, prior periods amounts have not been restated.