XML 125 R96.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Goodwill and Intangible Assets - Summary of Impairment Testing of Goodwill (Detail) - CAD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022
Disclosure of reconciliation of changes in goodwill [Line items] |  |
Goodwill Beginning balance | $ 6,014 | $ 5,651
Goodwill Net additions/ (disposals) |  | 255
Effect of changes in foreign exchange rates | (95) | 108
Goodwill Ending balance | 5,919 | 6,014
Asia Insurance, excluding Japan [member] |  |
Disclosure of reconciliation of changes in goodwill [Line items] |  |
Goodwill Beginning balance | 162 | 152
Effect of changes in foreign exchange rates | (3) | 10
Goodwill Ending balance | 159 | 162
Japan insurance [member] |  |
Disclosure of reconciliation of changes in goodwill [Line items] |  |
Goodwill Beginning balance | 360 | 386
Effect of changes in foreign exchange rates | (32) | (26)
Goodwill Ending balance | 328 | 360
Canadian insurance [member] |  |
Disclosure of reconciliation of changes in goodwill [Line items] |  |
Goodwill Beginning balance | 1,960 | 1,955
Effect of changes in foreign exchange rates | (2) | 5
Goodwill Ending balance | 1,958 | 1,960
US insurance [member] |  |
Disclosure of reconciliation of changes in goodwill [Line items] |  |
Goodwill Beginning balance | 360 | 336
Effect of changes in foreign exchange rates | (10) | 24
Goodwill Ending balance | 350 | 360
Asia wealth and asset management [member] |  |
Disclosure of reconciliation of changes in goodwill [Line items] |  |
Goodwill Beginning balance | 450 | 183
Goodwill Net additions/ (disposals) |  | 255
Effect of changes in foreign exchange rates | (12) | 12
Goodwill Ending balance | 438 | 450
Canada wealth and asset management [member] |  |
Disclosure of reconciliation of changes in goodwill [Line items] |  |
Goodwill Beginning balance | 1,436 | 1,436
Effect of changes in foreign exchange rates | 0 |
Goodwill Ending balance | 1,436 | 1,436
US wealth and asset management [member] |  |
Disclosure of reconciliation of changes in goodwill [Line items] |  |
Goodwill Beginning balance | 1,286 | 1,203
Effect of changes in foreign exchange rates | (36) | 83
Goodwill Ending balance | $ 1,250 | $ 1,286

X
- Definition The amount of additional goodwill recognised, except goodwill included in a disposal group that, on acquisition, meets the criteria to be classified as held for sale in accordance with IFRS 5. [Refer: Goodwill; Disposal groups classified as held for sale [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 3 -IssueDate 2023-01-01 -Paragraph B67 -Subparagraph d -Clause ii -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=3&code=ifrs-tx-2023-en-r&anchor=para_B67_d_ii&doctype=Appendix&subtype=B -URIDate 2023-03-23 + Details
Name: | ifrs-full_AdditionalRecognitionGoodwill
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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_DisclosureOfReconciliationOfChangesInGoodwillLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of assets representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognised. [Refer: Business combinations [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 36 -IssueDate 2023-01-01 -Paragraph 134 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=36&code=ifrs-tx-2023-en-r&anchor=para_134_a&doctype=Standard -URIDate 2023-03-23 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 36 -IssueDate 2023-01-01 -Paragraph 135 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=36&code=ifrs-tx-2023-en-r&anchor=para_135_a&doctype=Standard -URIDate 2023-03-23 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 3 -IssueDate 2023-01-01 -Paragraph B67 -Subparagraph d -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=3&code=ifrs-tx-2023-en-r&anchor=para_B67_d&doctype=Appendix&subtype=B -URIDate 2023-03-23 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 54 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_54_c&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_Goodwill
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The increase (decrease) in goodwill resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Goodwill] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 3 -IssueDate 2023-01-01 -Paragraph B67 -Subparagraph d -Clause vi -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=3&code=ifrs-tx-2023-en-r&anchor=para_B67_d_vi&doctype=Appendix&subtype=B -URIDate 2023-03-23 + Details
Name: | ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=mfc_AsiaExcludingJapanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=mfc_JapanInsuranceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=mfc_CanadianInsuranceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=mfc_UsInsuranceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=mfc_AsiaWealthAndAssetManagementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=mfc_CanadaWealthAndAssetManagementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=mfc_USWealthAndAssetManagementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |