XML 120 R95.htm IDEA: XBRL DOCUMENT
v3.22.4

Financial Instrument Risk Management - Notional Amount of Derivative Financial Instruments (Details) - CAD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021
--- | --- | ---
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | $ 165,557 | $ 173,735
Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 69,768 | 65,966
Swap contracts |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 1,360 | 835
Over-the-counter interest rate contracts | Forward contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 7 | 100
Over-the-counter interest rate contracts | Interest rate swap contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 17,515 | 17,749
Over-the-counter interest rate contracts | Options purchased | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 4,845 | 5,849
Over-the-counter interest rate contracts | Options written | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 359 | 461
Over-the-counter foreign exchange contracts | Forward contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 17,243 | 13,921
Over-the-counter foreign exchange contracts | Foreign currency swap contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 21,542 | 19,873
Over-the-counter other contracts | Forward contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 313 | 317
Over-the-counter other contracts | Swap contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 441 | 446
Over-the-counter other contracts | Options purchased | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 338 | 279
Over-the-counter other contracts | Credit derivatives | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 1,360 | 835
Exchange-traded interest rate contracts | Futures contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 3,005 | 3,818
Exchange-traded equity contracts | Options purchased | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 267 | 213
Exchange-traded equity contracts | Options written | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 52 | 0
Exchange-traded equity contracts | Futures contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 2,481 | 2,105
Under 1 Year | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 27,849 | 21,123
Under 1 Year | Over-the-counter interest rate contracts | Forward contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 7 | 94
Under 1 Year | Over-the-counter interest rate contracts | Interest rate swap contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 1,193 | 1,273
Under 1 Year | Over-the-counter interest rate contracts | Options purchased | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 1,512 | 878
Under 1 Year | Over-the-counter interest rate contracts | Options written | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 135 | 0
Under 1 Year | Over-the-counter foreign exchange contracts | Forward contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 17,243 | 10,824
Under 1 Year | Over-the-counter foreign exchange contracts | Foreign currency swap contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 806 | 725
Under 1 Year | Over-the-counter other contracts | Forward contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 145 | 154
Under 1 Year | Over-the-counter other contracts | Swap contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 441 | 446
Under 1 Year | Over-the-counter other contracts | Options purchased | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 338 | 271
Under 1 Year | Over-the-counter other contracts | Credit derivatives | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 302 | 322
Under 1 Year | Exchange-traded interest rate contracts | Futures contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 3,005 | 3,818
Under 1 Year | Exchange-traded equity contracts | Options purchased | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 189 | 213
Under 1 Year | Exchange-traded equity contracts | Options written | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 52 | 0
Under 1 Year | Exchange-traded equity contracts | Futures contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 2,481 | 2,105
1 to 5 Years | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 10,295 | 13,633
1 to 5 Years | Over-the-counter interest rate contracts | Forward contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 6
1 to 5 Years | Over-the-counter interest rate contracts | Interest rate swap contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 4,089 | 3,434
1 to 5 Years | Over-the-counter interest rate contracts | Options purchased | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 2,080 | 3,297
1 to 5 Years | Over-the-counter interest rate contracts | Options written | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 224 | 461
1 to 5 Years | Over-the-counter foreign exchange contracts | Forward contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 3,097
1 to 5 Years | Over-the-counter foreign exchange contracts | Foreign currency swap contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 2,598 | 2,654
1 to 5 Years | Over-the-counter other contracts | Forward contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 168 | 163
1 to 5 Years | Over-the-counter other contracts | Swap contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 0
1 to 5 Years | Over-the-counter other contracts | Options purchased | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 8
1 to 5 Years | Over-the-counter other contracts | Credit derivatives | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 1,058 | 513
1 to 5 Years | Exchange-traded interest rate contracts | Futures contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 0
1 to 5 Years | Exchange-traded equity contracts | Options purchased | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 78 | 0
1 to 5 Years | Exchange-traded equity contracts | Options written | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 0
1 to 5 Years | Exchange-traded equity contracts | Futures contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 0
Over 5 Years | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 31,624 | 31,210
Over 5 Years | Over-the-counter interest rate contracts | Forward contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 0
Over 5 Years | Over-the-counter interest rate contracts | Interest rate swap contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 12,233 | 13,042
Over 5 Years | Over-the-counter interest rate contracts | Options purchased | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 1,253 | 1,674
Over 5 Years | Over-the-counter interest rate contracts | Options written | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 0
Over 5 Years | Over-the-counter foreign exchange contracts | Forward contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 0
Over 5 Years | Over-the-counter foreign exchange contracts | Foreign currency swap contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 18,138 | 16,494
Over 5 Years | Over-the-counter other contracts | Forward contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 0
Over 5 Years | Over-the-counter other contracts | Swap contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 0
Over 5 Years | Over-the-counter other contracts | Options purchased | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 0
Over 5 Years | Over-the-counter other contracts | Credit derivatives | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 0
Over 5 Years | Exchange-traded interest rate contracts | Futures contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 0
Over 5 Years | Exchange-traded equity contracts | Options purchased | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 0
Over 5 Years | Exchange-traded equity contracts | Options written | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | 0 | 0
Over 5 Years | Exchange-traded equity contracts | Futures contracts | Derivative assets |  |
Disclosure of detailed information about financial instruments [line items] |  |
Notional amount | $ 0 | $ 0

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfFinancialInstrumentsLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of assets that are: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or (d) a contract that will, or may be, settled in the entity’s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to receive a variable number of the entity’s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity’s own equity instruments. For this purpose the entity’s own equity instruments do not include puttable financial instruments classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity’s own equity instruments. [Refer: Financial instruments, class [member]; Financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2022-03-24 -Paragraph 35H -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2022-en-r&anchor=para_35H&doctype=Standard -URIDate 2022-03-24 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2022-03-24 -Paragraph 35M -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2022-en-r&anchor=para_35M&doctype=Standard -URIDate 2022-03-24 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Name IFRS -Number 7 -IssueDate 2022-03-24 -Paragraph 35N -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2022-en-r&anchor=para_35N&doctype=Standard -URIDate 2022-03-24 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2022-03-24 -Paragraph 35I -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2022-en-r&anchor=para_35I&doctype=Standard -URIDate 2022-03-24 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2022-03-24 -Paragraph 25 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2022-en-r&anchor=para_25&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_FinancialAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_DerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_SwapContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfFinancialAssetsAxis=slf_DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_ForwardContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_InterestRateSwapContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_OptionContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=slf_WrittenOptionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfFinancialAssetsAxis=slf_DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_CurrencySwapContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfFinancialAssetsAxis=slf_DerivativeInstrumentsOverTheCounterContractsOtherContractsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=slf_CreditDerivativeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfFinancialAssetsAxis=slf_DerivativeInstrumentsExchangeTradedContractsInterestRateContractsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_FuturesContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfFinancialAssetsAxis=slf_DerivativeInstrumentsExchangeTradedContractsEquityContractsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |