v3.25.0.1
SHARE CAPITAL - Schedule of Preference Shares and Characteristics of Preference Shares (Details)
$ / shares in Units, $ in Millions
 3 Months Ended 12 Months Ended
Sep. 01, 2024
shares
Sep. 01, 2023
shares
Jun. 01, 2023
shares
Dec. 31, 2024
CAD ($)
$ / shares
shares
Sep. 30, 2024
$ / shares
Jun. 30, 2024
$ / shares
Mar. 31, 2024
$ / shares
Mar. 31, 2024
$ / shares
Dec. 31, 2023
CAD ($)
$ / shares
shares
Dec. 31, 2023
CAD ($)
$ / shares
shares
Dec. 31, 2024
CAD ($)
$ / shares
shares
Dec. 31, 2024
CAD ($)
$ / shares
$ / shares
shares
Dec. 31, 2023
CAD ($)
shares
Dec. 31, 2022
CAD ($)
shares
Dec. 31, 2024
$ / shares
Preferred Shares                              
Share Capital                              
Preferred stock, value, outstanding | $       $ 6,818         $ 6,818 $ 6,818 $ 6,818 $ 6,818 $ 6,818 $ 6,818  
Issuance costs | $                     $ (135)   $ (135) $ (135)  
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Preference shares conversion ratio       1             1 1      
Preference Shares, Series A                              
Share Capital                              
Dividend (in Canadian dollars per share)                     $ 1.37500        
Preference Shares, Series A | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       5,000,000         5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000  
Preferred stock, value, outstanding | $       $ 125         $ 125 $ 125 $ 125 $ 125 $ 125 $ 125  
Dividend rate (percent)                     5.50%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Dividend rate reset period (in years)                     5 years        
Preference Shares, Series B                              
Share Capital                              
Dividend (in Canadian dollars per share)                     $ 1.30052        
Preference Shares, Series B | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       20,000,000         20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000  
Preferred stock, value, outstanding | $       $ 500         $ 500 $ 500 $ 500 $ 500 $ 500 $ 500  
Dividend rate (percent)                     5.20%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Preference Shares, Series C | Preferred Shares | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       2.40%             2.40% 2.40%      
Preference Shares, Series D                              
Share Capital                              
Dividend (in Canadian dollars per share)                     $ 1.35300        
Preference Shares, Series D | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       18,000,000         18,000,000 18,000,000 18,000,000 18,000,000 18,000,000 18,000,000  
Preferred stock, value, outstanding | $       $ 450         $ 450 $ 450 $ 450 $ 450 $ 450 $ 450  
Dividend rate (percent)                     5.41%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Preference Shares, Series F                              
Share Capital                              
Dividend (in Canadian dollars per share)                     $ 1.38452        
Preference Shares, Series F | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       18,000,000         18,000,000 18,000,000 18,000,000 18,000,000 18,000,000 20,000,000  
Preferred stock, value, outstanding | $       $ 454         $ 454 $ 454 $ 454 $ 454 $ 454 $ 500  
Dividend rate (percent)                     5.54%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Conversion of stock, shares converted (shares) | shares     1,827,695                        
Preference Shares, Series G                              
Share Capital                              
Dividend (in Canadian dollars per share)       $ 0.37911 $ 0.43014           $ 1.51644        
Preference Shares, Series G | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       2,000,000         2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 0  
Preferred stock, value, outstanding | $       $ 46         $ 46 $ 46 $ 46 $ 46 $ 46 $ 0  
Dividend rate (percent)                     6.15%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Conversion of stock, shares issued (shares) | shares     1,827,695                        
Preference Shares, Series G | Preferred Shares | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       2.50%             2.50% 2.50%      
Preference Shares, Series H                              
Share Capital                              
Dividend (in Canadian dollars per share)                     $ 1.52800        
Preference Shares, Series H | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       12,000,000         12,000,000 12,000,000 12,000,000 12,000,000 12,000,000 14,000,000  
Preferred stock, value, outstanding | $       $ 291         $ 291 $ 291 $ 291 $ 291 $ 291 $ 350  
Dividend rate (percent)                     6.11%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Conversion of stock, shares converted (shares) | shares   2,350,602                          
Preference Shares, Series I                              
Share Capital                              
Dividend (in Canadian dollars per share)       $ 0.35507 0.40589           $ 1.42028        
Preference Shares, Series I | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       2,000,000         2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 0  
Preferred stock, value, outstanding | $       $ 59         $ 59 $ 59 $ 59 $ 59 $ 59 $ 0  
Dividend rate (percent)                     5.76%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Conversion of stock, shares issued (shares) | shares   2,350,602                          
Preference Shares, Series I | Preferred Shares | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       2.10%             2.10% 2.10%      
Preference Shares, Series L                              
Share Capital                              
Dividend (in Canadian dollars per share)                       $ 1.46448      
Preference Shares, Series L | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       16,000,000         16,000,000 16,000,000 16,000,000 16,000,000 16,000,000 16,000,000  
Preferred stock, value, outstanding | $       $ 411         $ 411 $ 411 $ 411 $ 411 $ 411 $ 411  
Dividend rate (percent)                     5.86%        
Per share base redemption value (in Canadian dollars per shares)                             $ 25
Preference Shares, Series N                              
Share Capital                              
Dividend (in Canadian dollars per share)                     $ 1.67400        
Preference Shares, Series N | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       18,000,000         18,000,000 18,000,000 18,000,000 18,000,000 18,000,000 18,000,000  
Preferred stock, value, outstanding | $       $ 450         $ 450 $ 450 $ 450 $ 450 $ 450 $ 450  
Dividend rate (percent)                     6.70%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Preference Shares, Series P                              
Share Capital                              
Dividend (in Canadian dollars per share)             $ 0.36988   $ 0.27369   $ 1.47952        
Preference Shares, Series P | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       16,000,000         16,000,000 16,000,000 16,000,000 16,000,000 16,000,000 16,000,000  
Preferred stock, value, outstanding | $       $ 400         $ 400 $ 400 $ 400 $ 400 $ 400 $ 400  
Dividend rate (percent)                     5.92%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Preference Shares, Series R                              
Share Capital                              
Dividend (in Canadian dollars per share)           $ 0.39463 0.25456       $ 1.57852        
Preference Shares, Series R | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       16,000,000         16,000,000 16,000,000 16,000,000 16,000,000 16,000,000 16,000,000  
Preferred stock, value, outstanding | $       $ 400         $ 400 $ 400 $ 400 $ 400 $ 400 $ 400  
Dividend rate (percent)                     6.31%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Preference Shares, Series 1                              
Share Capital                              
Dividend (in Canadian dollars per share)                       $ 1.67592      
Preference Shares, Series 1 | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       16,000,000         16,000,000 16,000,000 16,000,000 16,000,000 16,000,000 16,000,000  
Preferred stock, value, outstanding | $       $ 411         $ 411 $ 411 $ 411 $ 411 $ 411 $ 411  
Dividend rate (percent)                     6.70%        
Per share base redemption value (in Canadian dollars per shares)                             25
Preference Shares, Series 3                              
Share Capital                              
Dividend (in Canadian dollars per share)         0.33050 $ 0.23356         $ 1.32200        
Conversion of stock, shares converted (shares) | shares 1,502,775                            
Preference Shares, Series 3 | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       22,000,000         24,000,000 24,000,000 22,000,000 22,000,000 24,000,000 24,000,000  
Preferred stock, value, outstanding | $       $ 562         $ 600 $ 600 $ 562 $ 562 $ 600 $ 600  
Dividend rate (percent)                     5.29%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Preference Shares, Series 4                              
Share Capital                              
Dividend (in Canadian dollars per share)       $ 0.37110 0.42206           $ 1.48440        
Conversion of stock, shares issued (shares) | shares 1,502,775                            
Preference Shares, Series 4 | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       2,000,000         0 0 2,000,000 2,000,000 0 0  
Preferred stock, value, outstanding | $       $ 38         $ 0 $ 0 $ 38 $ 38 $ 0 $ 0  
Dividend rate (percent)                     6.02%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Preference Shares, Series 5                              
Share Capital                              
Dividend (in Canadian dollars per share)               $ 0.41769   $ 0.33596   $ 1.67076      
Preference Shares, Series 5 | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       8,000,000         8,000,000 8,000,000 8,000,000 8,000,000 8,000,000 8,000,000  
Preferred stock, value, outstanding | $       $ 206         $ 206 $ 206 $ 206 $ 206 $ 206 $ 206  
Dividend rate (percent)                     6.68%        
Per share base redemption value (in Canadian dollars per shares)                             $ 25
Preference Shares, Series 7                              
Share Capital                              
Dividend (in Canadian dollars per share)             $ 0.37425   $ 0.27806   $ 1.49700        
Preference Shares, Series 7 | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       10,000,000         10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000  
Preferred stock, value, outstanding | $       $ 250         $ 250 $ 250 $ 250 $ 250 $ 250 $ 250  
Dividend rate (percent)                     5.99%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Preference Shares, Series 9                              
Share Capital                              
Dividend (in Canadian dollars per share)       $ 0.35450 $ 0.25606           $ 1.41800        
Preference Shares, Series 9 | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       11,000,000         11,000,000 11,000,000 11,000,000 11,000,000 11,000,000 11,000,000  
Preferred stock, value, outstanding | $       $ 275         $ 275 $ 275 $ 275 $ 275 $ 275 $ 275  
Dividend rate (percent)                     5.67%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Preference Shares, Series 11                              
Share Capital                              
Dividend (in Canadian dollars per share)                     $ 0.98452        
Preference Shares, Series 11 | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       20,000,000         20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000  
Preferred stock, value, outstanding | $       $ 500         $ 500 $ 500 $ 500 $ 500 $ 500 $ 500  
Dividend rate (percent)                     3.94%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Preference Shares, Series 13                              
Share Capital                              
Dividend (in Canadian dollars per share)                     $ 0.76076        
Preference Shares, Series 13 | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       14,000,000         14,000,000 14,000,000 14,000,000 14,000,000 14,000,000 14,000,000  
Preferred stock, value, outstanding | $       $ 350         $ 350 $ 350 $ 350 $ 350 $ 350 $ 350  
Dividend rate (percent)                     3.04%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Preference Shares, Series 15                              
Share Capital                              
Dividend (in Canadian dollars per share)                     $ 0.74576        
Preference Shares, Series 15 | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       11,000,000         11,000,000 11,000,000 11,000,000 11,000,000 11,000,000 11,000,000  
Preferred stock, value, outstanding | $       $ 275         $ 275 $ 275 $ 275 $ 275 $ 275 $ 275  
Dividend rate (percent)                     2.98%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Preference Shares, Series 19                              
Share Capital                              
Dividend (in Canadian dollars per share)                     $ 1.55300        
Preference Shares, Series 19 | Preferred Shares                              
Share Capital                              
Preferred stock, shares outstanding (in shares) | shares       20,000,000         20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000  
Preferred stock, value, outstanding | $       $ 500         $ 500 $ 500 $ 500 $ 500 $ 500 $ 500  
Dividend rate (percent)                     6.21%        
Per share base redemption value (in Canadian dollars per shares)       $ 25             $ 25 $ 25      
Dividend rate reset period (in years)                     5 years        
Preference Shares, Series 19 | Preferred Shares | Minimum                              
Share Capital                              
Dividend rate (percent)                     4.90%        
Preference Shares, Series E | Preferred Shares | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       2.40%             2.40% 2.40%      
Preference Shares, Series O | Preferred Shares | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       2.70%             2.70% 2.70%      
Preference Shares, Series Q | Preferred Shares | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       2.50%             2.50% 2.50%      
Preference Shares, Series S | Preferred Shares | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       2.50%             2.50% 2.50%      
Preference Shares, Series 4 | Preferred Shares | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       2.40%             2.40% 2.40%      
Preference Shares, Series 8 | Preferred Shares | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       2.60%             2.60% 2.60%      
Preference Shares, Series 10 | Preferred Shares | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       2.70%             2.70% 2.70%      
Preference Shares, Series 12 | Preferred Shares | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       2.60%             2.60% 2.60%      
Preference Shares, Series 14 | Preferred Shares | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       2.70%             2.70% 2.70%      
Preference Shares, Series 16 | Preferred Shares | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       2.70%             2.70% 2.70%      
Preference Shares, Series 20 | Preferred Shares | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       3.20%             3.20% 3.20%      
Preference Shares, Series M | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       3.20%             3.20% 3.20%      
Preference Shares, Series 2 | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       3.10%             3.10% 3.10%      
Preference Shares, Series 6 | 3-Month Government Of Canada Treasury Bill                              
Share Capital                              
Dividend rate -spread on variable rate (percent)       2.80%             2.80% 2.80%