XML 132 R94.htm IDEA: XBRL DOCUMENT v3.25.0.1
INCOME TAX EXPENSE - Reconciliation to Canadian Statutory Rate (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Disclosure of major components of tax expense (income) [Table]    
Applicable tax rate 26.50% 26.50%
Tax expense (income) at applicable tax rate $ 1,221 $ 746
Reconciliation to Canadian Statutory Rate    
Allowances and special tax deductions 211 184
Impact of foreign tax rates 18 (79)
Non-deductible expenses / (non-taxable income) 111 72
Taxable gains on sales of non-current assets 2 6
Net currency translation losses on current and deferred tax balances 52 289
Tax impact from pass-through entities and equity accounted investments 263 183
Current year tax results sheltered by previously unrecognized deferred tax assets (5) (22)
Recognition and derecognition of deferred tax assets (26) (142)
Settlements and adjustments in respect of prior years 116 23
Increase to income tax related contingent liabilities 1 54
Impact of tax rate changes 0 (2)
Withholding taxes 70 61
Mining taxes 290 224
Tax impact of amounts recognized within accumulated OCI 0 2
Income tax expense 1,520 861
Disclosure of major components of tax expense (income) [Line Items]    
Tax expense (income) at applicable tax rate 1,221 746
Tax Effect Of Allowances And Special Tax Deductions (211) (184)
Impact of foreign tax rates 18 (79)
Non-deductible expenses / (non-taxable income) 111 72
Goodwill impairment charges not tax deductible 145 0
Taxable gains on sales of non-current assets 2 6
Net currency translation losses on current and deferred tax balances 52 289
Tax Effect of Income (Loss) of Equity Method Investments (263) (183)
Current year tax results sheltered by previously unrecognized deferred tax assets (5) (22)
Recognition and derecognition of deferred tax assets (26) (142)
Settlements and adjustments in respect of prior years 116 23
Increase to income tax related contingent liabilities 1 54
Impact of tax rate changes 0 (2)
Withholding taxes 70 61
Mining taxes 290 224
Tax impact of amounts recognized within accumulated OCI 0 (2)
Other tax effects for reconciliation between accounting profit and tax expense (income) (1) 0
Income tax expense $ 1,520 $ 861