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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, 2023 $ 78,571 $ 20,109 $ 55,673 $ (84) $ 68,767 $ 8,075 $ 76,842 $ 1,729 $ (1,755) $ (1,104) $ 14 $ (4,545) $ 459
Statement [Line Items]                          
Net income 2,199 [3]   2,066   2,066 108 2,174 25          
Other comprehensive income (loss) (110)       (67)   (67) (43) (1,270) 606 166 1,083 (652)
Total comprehensive income 2,089   2,066   1,999 108 2,107 (18) (1,270) 606 166 1,083 (652)
Shares/instruments issued 1,494 490     490 1,004 1,494            
Shares repurchased/redeemed (300)         (300) (300)            
Dividends and distributions paid to equity holders (1,410)   (1,287)   (1,287) (108) (1,395) (15)          
Share-based payments [4] 10     10 10   10            
Other (2)   (9) 7 (2)   (2)            
Ending Balance at Jan. 31, 2024 80,452 20,599 56,443 (67) 69,977 8,779 78,756 1,696 (3,025) (498) 180 (3,462) (193)
Beginning Balance at Oct. 31, 2024 84,076 22,054 57,751 (68) 73,590 8,779 82,369 1,707 (3,559) (491) 339 (2,197) (239)
Statement [Line Items]                          
Net income 993   1,025   1,025 122 1,147 (154)          
Other comprehensive income (loss) 1,447       1,358   1,358 89 1,078 24 15 337 (96)
Total comprehensive income 2,440   1,025   2,383 122 2,505 (65) 1,078 24 15 337 (96)
Shares/instruments issued 1,530 82   (5) 77 1,453 1,530            
Dividends and distributions paid to equity holders (1,458)   (1,320)   (1,320) (122) (1,442) (16)          
Share-based payments [4] 8     8 8   8            
Other (175)   (11) (164) (175)   (175)            
Ending Balance at Jan. 31, 2025 $ 86,421 $ 22,136 $ 57,445 $ (229) $ 74,563 $ 10,232 $ 84,795 $ 1,626 $ (2,481) $ (467) $ 354 $ (1,860) $ (335)
[1] Includes undistributed retained earnings of $77 (January 31, 2024 – $70) related to a foreign associated corporation, which is subject to local regulatory restriction.
[2] Includes Share from associates, Employee benefits, Own credit risk, and Insurance contracts.
[3] Effective Q1 2025, changes were made to the methodology used to allocate certain income, expenses and balance sheet items between business segments. Prior period results for each segment have been reclassified to conform with the current period’s methodology.
[4] Represents amounts on account of share-based payments (refer to Note 13).