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Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Oct. 31, 2021
Text Block [Abstract]  
Summary of Changes in Carrying Amount of Goodwill by Cash Generating Units
The changes in the carrying amounts of goodwill by cash-generating unit (CGU) are as follows:
 
($ millions)  
Canadian
Banking
    
Global
Wealth
Management
    
Global
Banking and
Markets
    
Latin
America
    
Caribbean
and
Central
America
    
Total
  
Balance as at October 31, 2019
   $ 5,093     $ –     $ 260     $ 3,272     $   1,006     $ 9,631  
Reclassification due to reorganization of operating segments
       (3,403 )      3,628       –       (225 )      –       –  
Acquisitions
     –       –       –       –       –       –  
Dispositions
(1)
     –       –       (21 )      (47 )      (67 )      (135 ) 
Foreign currency adjustments and other
     –       (14 )      1       (168 )      (36 )      (217 ) 
Balance as at October 31, 2020
     1,690       3,614       240       2,832       903       9,279  
Reclassification due to reorganization of operating segments
  
 
–
 
  
 
–
 
  
 
–
 
  
 
–
 
  
 
–
 
  
 
–
 
Acquisitions
  
 
–
 
  
 
–
 
  
 
–
 
  
 
–
 
  
 
–
 
  
 
–
 
Dispositions
(1)
  
 
–
 
  
 
–
 
  
 
–
 
  
 
–
 
  
 
–
 
  
 
–
 
Foreign currency adjustments and other
  
 
–
 
  
 
(34
) 
  
 
(9
) 
  
 
(315
) 
  
 
(73
) 
  
 
(431
) 
Balance as at October 31, 2021
  
$
  1,690
 
  
$
  3,580
 
  
$
  231
 
  
$
  2,517
 
  
$
  830
 
  
$
  8,848
 
 
(1)
Includes wind-downs.
Summary of Intangible Assets
Intangible assets
Intangible assets consist of assets with indefinite and finite useful lives. Indefinite life intangible assets consist substantially of fund management contracts. The fund management contracts are for the management of open-ended funds. Finite life intangible assets include assets such as computer software, customer relationships and core deposit intangibles.
 
   
Finite life
         
Indefinite life
         
($ millions)  
Computer
software
    
Other
intangibles
         
Fund management
contracts
(1)
    
Other
intangibles
    
Total
  
Cost
                  
 
                        
Balance as at October 31, 2019
   $ 4,525     $ 2,131    
 
   $ 4,415     $ 166     $ 11,237  
Acquisitions
     –       –    
 
     –       –       –  
Additions
     723       2    
 
     –       –       725  
Disposals
     (198 )      (59 )   
 
     –       –       (257 ) 
Foreign currency adjustments and other
     (59 )      (101 )   
 
     –       –       (160 ) 
Balance as at October 31, 2020
   $ 4,991     $ 1,973    
 
   $ 4,415     $ 166     $ 11,545  
Acquisitions
     2       –    
 
     –       –       2  
Additions
     861       –    
 
     –       –       861  
Disposals
     (7 )      –    
 
     –       –       (7 ) 
Foreign currency adjustments and other
     (149 )      (106 )   
 
     –       –       (255 ) 
Balance as at October 31, 2021
  
$
5,698
 
  
$
1,867
 
  
 
  
$
4,415
 
  
$
166
 
  
$
  12,146
 
Accumulated amortization
                  
 
                        
Balance as at October 31, 2019
   $ 2,169     $ 1,234    
 
   $ –     $ –     $ 3,403  
Amortization
     625       124    
 
     –       –       749  
Disposals (including wind-downs)
     (191 )      (55 )   
 
     –       –       (246 ) 
Foreign currency adjustments and other
     (22 )      (75 )   
 
     –       –       (97 ) 
Balance as at October 31, 2020
   $ 2,581     $ 1,228    
 
   $ –     $ –     $ 3,809  
Amortization
     639       103    
 
     –       –       742  
Disposals
     (5 )      –    
 
     –       –       (5 ) 
Foreign currency adjustments and other
     (98 )      (58 )   
 
     –       –       (156 ) 
Balance as at October 31, 2021
  
$
3,117
 
  
$
  1,273
 
  
 
  
$
–
 
  
$
–
 
  
$
4,390
 
Net book value
                  
 
                        
As at October 31, 2020
   $ 2,410
(2)
 		   $ 745    
 
   $ 4,415     $   166     $ 7,736  
As at October 31, 2021
  
$
  2,581
(2)
 
  
$
594
 
  
 
  
$
  4,415
 
  
$
166
 
  
$
7,756
 
 
(1)
Fund management contracts are attributable to HollisWealth Inc. (formerly DundeeWealth Inc.), MD Financial Management Inc., and Jarislowsky Fraser Limited.
(2)
Computer software comprises of purchased software of $380 (2020 – $507), internally generated software of $1,405 (2020 – $1,337), and in process software not subject to amortization of $797 (2020 – $566).