XML 179 R150.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Capital Instruments - Schedule of Carrying Value of Capital Instruments (Detail) | 12 Months Ended |  |  |
--- | --- | --- | --- | ---
Dec. 31, 2023 CAD ($) | Dec. 31, 2023 USD ($) | Dec. 31, 2023 SGD ($) | Dec. 31, 2022 CAD ($) | Jan. 01, 2022 CAD ($)
Carrying value of capital instruments [line items] |  |  |  |  |
Total | $ 6,667,000,000 |  |  | $ 6,122,000,000 | $ 6,980,000,000
JHFC subordinated notes [member] |  |  |  |  |
Carrying value of capital instruments [line items] |  |  |  |  |
Issuance date | Dec. 14, 2006 |  |  |  |
Maturity date | Dec. 15, 2036 |  |  |  |
Par value | $ 650 |  |  |  |
Total | $ 647,000,000 |  |  | 647,000,000 |
2.818% MFC Subordinated debentures [member] |  |  |  |  |
Carrying value of capital instruments [line items] |  |  |  |  |
Capital instruments interest rate | 2.818% | 2.818% | 2.818% |  |
Issuance date | May 12, 2020 |  |  |  |
Earliest par redemption date | May 13, 2030 |  |  |  |
Maturity date | May 13, 2035 |  |  |  |
Par value | $ 1,000 |  |  |  |
Total | $ 996,000,000 |  |  | 996,000,000 |
4.061% MFC subordinated notes [member] |  |  |  |  |
Carrying value of capital instruments [line items] |  |  |  |  |
Capital instruments interest rate | 4.061% | 4.061% | 4.061% |  |
Issuance date | Feb. 24, 2017 |  |  |  |
Earliest par redemption date | Feb. 24, 2027 |  |  |  |
Maturity date | Feb. 24, 2032 |  |  |  |
Par value |  | $ 750 |  |  |
Total | $ 987,000,000 |  |  | 1,013,000,000 |
2.237% MFC Subordinated debentures [member] |  |  |  |  |
Carrying value of capital instruments [line items] |  |  |  |  |
Capital instruments interest rate | 2.237% | 2.237% | 2.237% |  |
Issuance date | May 12, 2020 |  |  |  |
Earliest par redemption date | May 12, 2025 |  |  |  |
Maturity date | May 12, 2030 |  |  |  |
Par value | $ 1,000 |  |  |  |
Total | $ 999,000,000 |  |  | 998,000,000 |
7.375% JHUSA Surplus notes [Member] |  |  |  |  |
Carrying value of capital instruments [line items] |  |  |  |  |
Capital instruments interest rate | 7.375% | 7.375% | 7.375% |  |
Issuance date | Feb. 25, 1994 |  |  |  |
Maturity date | Feb. 15, 2024 |  |  |  |
Par value |  | $ 450 |  |  |
Total | $ 594,000,000 |  |  | 615,000,000 |
3.00% MFC subordinated notes [member] |  |  |  |  |
Carrying value of capital instruments [line items] |  |  |  |  |
Capital instruments interest rate | 3.00% | 3.00% | 3.00% |  |
Issuance date | Nov. 21, 2017 |  |  |  |
Earliest par redemption date | Nov. 21, 2024 |  |  |  |
Maturity date | Nov. 21, 2029 |  |  |  |
Par value |  |  | $ 500 |  |
Total | $ 499,000,000 |  |  | 504,000,000 |
3.049% MFC Subordinated debentures [member] |  |  |  |  |
Carrying value of capital instruments [line items] |  |  |  |  |
Capital instruments interest rate | 3.049% | 3.049% | 3.049% |  |
Issuance date | Aug. 18, 2017 |  |  |  |
Earliest par redemption date | Aug. 20, 2024 |  |  |  |
Maturity date | Aug. 20, 2029 |  |  |  |
Par value | $ 750 |  |  |  |
Total | $ 750,000,000 |  |  | 749,000,000 |
3.317% MFC Subordinated debentures [member] |  |  |  |  |
Carrying value of capital instruments [line items] |  |  |  |  |
Capital instruments interest rate | 3.317% | 3.317% | 3.317% |  |
Issuance date | May 09, 2018 |  |  |  |
Earliest par redemption date | May 09, 2023 |  |  |  |
Maturity date | May 09, 2028 |  |  |  |
Par value | $ 600 |  |  |  |
Total |  |  |  | $ 600,000,000 |
5.409% MFC Subordinated debentures [Member] |  |  |  |  |
Carrying value of capital instruments [line items] |  |  |  |  |
Capital instruments interest rate | 5.409% | 5.409% | 5.409% |  |
Issuance date | Mar. 10, 2023 |  |  |  |
Earliest par redemption date | Mar. 10, 2028 |  |  |  |
Maturity date | Mar. 10, 2033 |  |  |  |
Par value | $ 1,200,000,000 |  |  |  |
Total | $ 1,195,000,000 |  |  |  |

X
- Definition The interest rate on borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 7 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_7&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_BorrowingsInterestRate
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of instruments issued by the entity that represent indebtedness. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 55 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_55&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DebtSecurities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Capital instrument par value + References No definition available. + Details
Name: | mfc_CapitalInstrumentParValue
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Carrying value of capital instruments + References No definition available. + Details
Name: | mfc_CarryingValueOfCapitalInstrumentsLineItems
Namespace Prefix: | mfc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt instrument redemption date. + References No definition available. + Details
Name: | mfc_DebtInstrumentRedemptionDate
Namespace Prefix: | mfc_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt securities issuance date. + References No definition available. + Details
Name: | mfc_DebtSecuritiesIssuanceDate
Namespace Prefix: | mfc_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt securities maturity date. + References No definition available. + Details
Name: | mfc_DebtSecuritiesMaturityDate
Namespace Prefix: | mfc_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

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

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

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

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

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

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

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

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

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