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INVENTORY | 12 Months Ended
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Dec. 31, 2022
Inventories [Abstract] |
Disclosure of inventories [text block] | INVENTORY The following table presents the components of inventory:
AS AT DEC. 31 (MILLIONS) | 2022 |  | 2021
Residential properties under development | $ | 1,558 |  |  | $ | 2,135 |
Land held for development | 1,895 |  |  | 1,802 |
Completed residential properties | 2,342 |  |  | 1,869 |
Industrial products | 2,911 |  |  | 3,113 |
Other 1 | 4,137 |  |  | 2,496 |
Total | $ | 12,843 |  |  | $ | 11,415 |
1.As at December 31, 2022, the significant components of other inventory are fuel inventory of $850 million and logistics buildings of $575 million. As at December 31, 2021, the significant components of other inventory were fuel inventory of $731 million and office developments of $213 million. The current and non-current balances of inventory are as follows:
AS AT DEC. 31 (MILLIONS) | 2022 |  | 2021
Current | $ | 9,108 |  |  | $ | 8,557 |
Non-current | 3,735 |  |  | 2,858 |
Total | $ | 12,843 |  |  | $ | 11,415 |
During the year ended December 31, 2022, the company recognized $44.1 billion of inventory relating to cost of goods sold (2021 – $35.7 billion) and a $110 million expense for impaired inventory (2021 – $96 million). The carrying amount of inventory pledged as collateral as at December 31, 2022 was $7.1 billion (2021 – $6.8 billion).

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