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SUBSIDIARY EQUITY OBLIGATIONS (Tables) | 12 Months Ended
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Dec. 31, 2023
Disclosure of financial liabilities [abstract] |
Disclosure of detailed information about equity interests classified as liabilities [Table Text Block] | Subsidiary equity obligations consist of the following:
AS AT DEC. 31 (MILLIONS) | Note |  | 2023 |  | 2022
Subsidiary preferred shares and capital | (a) |  | $ | 2,257 |  |  | $ | 1,469 |
Limited-life funds and redeemable fund units | (b) |  | 263 |  |  | 1,114 |
Subsidiary preferred equity units | (c) |  | 1,625 |  |  | 1,605 |
Total |  |  | $ | 4,145 |  |  | $ | 4,188 |
AS AT DEC. 31 (MILLIONS, EXCEPT SHARE INFORMATION) | Shares Outstanding |  | Cumulative Dividend Rate |  | Local Currency |  | 2023 |  | 2022
Series 2 | 24,000,000 |  |  | 6.50 | % |  | US$ |  | $ | 587 |  |  | $ | 575 |
Series 3 | 24,000,000 |  |  | 6.75 | % |  | US$ |  | 564 |  |  | 556 |
New LP Preferred Units | 19,273,654 |  |  | 6.25 | % |  | US$ |  | 474 |  |  | 474 |
Total |  | $ | 1,625 |  |  | $ | 1,605 |

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