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Consolidated Statement of Changes in Equity - CAD ($)
$ in Millions
Total
Common shares [member]
Retained earnings [member]
[1]
Other reserves [member]
Total common equity [member]
Preferred shares and other equity instruments [member]
Total common and preferred equity [member]
Non-controlling interests [member]
Foreign currency translation [member]
Accumulated other comprehensive income (loss) [member]
Debt Instruments Fair Value Other Comprehensive Income [member]
Accumulated other comprehensive income (loss) [member]
Equity Instruments Fair Value Other Comprehensive Income [member]
Accumulated other comprehensive income (loss) [member]
Cash flow hedging reserve [member]
Accumulated other comprehensive income (loss) [member]
Other [member]
Accumulated other comprehensive income (loss) [member]
[2]
Beginning Balance at Oct. 31, 2020 $ 70,503 $ 18,239 $ 46,345 $ 360 $ 62,819 $ 5,308 $ 68,127 $ 2,376 $ (1,328) $ 330 $ (163) $ 639 $ (1,603)
Statement [Line Items]                          
Net income 4,854   4,554   4,554 120 4,674 180          
Other comprehensive income (loss) (1,911)       (1,854)   (1,854) (57) (2,412) (237) 287 (398) 906
Total comprehensive income 2,943   4,554   2,700 120 2,820 123 (2,412) (237) 287 (398) 906
Shares issued 121 138   (17) 121   121            
Shares repurchased/redeemed (759)         (759) (759)            
Dividends and distributions paid to equity holders (2,388)   (2,183)   (2,183) (120) (2,303) (85)          
Share-based payments [3] 5     5 5   5            
Other (3)   (3)   (3)   (3)            
Ending Balance at Apr. 30, 2021 70,422 18,377 48,713 348 63,459 4,549 68,008 2,414 (3,740) 93 124 241 (697)
Beginning Balance at Oct. 31, 2021 72,892 18,507 51,354 222 64,750 6,052 70,802 2,090 (4,709) (270) 291 (214) (431)
Statement [Line Items]                          
Net income 2,740                        
Other comprehensive income (loss) 1,070                        
Total comprehensive income 3,810                        
Ending Balance at Jan. 31, 2022 73,946                        
Beginning Balance at Oct. 31, 2021 72,892 18,507 51,354 222 64,750 6,052 70,802 2,090 (4,709) (270) 291 (214) (431)
Statement [Line Items]                          
Net income 5,487   5,203   5,203 118 5,321 166          
Other comprehensive income (loss) (399)       (438)   (438) 39 940 (654) 190 (2,540) 1,626
Total comprehensive income 5,088   5,203   4,765 118 4,883 205 940 (654) 190 (2,540) 1,626
Shares issued 677 694   (17) 677   677            
Shares repurchased/redeemed (2,836) (402) (1,934)   (2,336) (500) (2,836)            
Dividends and distributions paid to equity holders (2,596)   (2,402)   (2,402) (118) (2,520) (76)          
Share-based payments [3] 8     8 8   8            
Other (1,266)   (12) (354) [4] (629)   (629) (637) [4],[5] (174)   (39) (50)  
Ending Balance at Apr. 30, 2022 71,967 18,799 52,209 (141) 64,833 5,552 70,385 1,582 (3,943) (924) 442 (2,804) 1,195
Beginning Balance at Jan. 31, 2022 73,946                        
Statement [Line Items]                          
Net income 2,747                        
Other comprehensive income (loss) (1,469)                        
Total comprehensive income 1,278                        
Ending Balance at Apr. 30, 2022 $ 71,967 $ 18,799 $ 52,209 $ (141) $ 64,833 $ 5,552 $ 70,385 $ 1,582 $ (3,943) $ (924) $ 442 $ (2,804) $ 1,195
[1] Includes undistributed retained earnings of $62 (April 30, 2021 – $58) related to a foreign associated corporation, which is subject to local regulatory restriction.
[2] Includes Share from associates, Employee benefits and Own credit risk.
[3] Represents amounts on account of share-based payments (refer to Note 13).
[4] Includes changes to non-controlling interests arising from business combinations and related transactions (refer to Note 20).
[5] Includes interest income on financial assets measured at amortized cost and FVOCI, calculated using the effective interest method, of $6,915 for the three months ended April 30, 2022 (January 31, 2022 – $6,331; April 30, 2021 – $6,078) and for the six months ended April 30, 2022 – $13,246 (April 30, 2021 – $12,478).