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v3.24.0.1

Consolidated Statements of Equity $ in Millions | CAD ($) | Common Shares CAD ($) | Preference shares CAD ($) | Common Shares CAD ($) | Common Shares Common Shares CAD ($) | Preferred Shares CAD ($) | Warrants CAD ($) | Paid in Surplus CAD ($) | Paid in Surplus Common Shares CAD ($) | Retained Earnings CAD ($) | Retained Earnings Common Shares CAD ($) | Retained Earnings Preference shares CAD ($) | AOCI CAD ($) | [1] | Non-Controlling Interest CAD ($)
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Beginning balance at Dec. 31, 2021 |  | $ 23,596 |  |  | $ 17,016 |  | $ 519 | $ 215 | $ 4,284 |  | $ 878 |  |  | $ 684 | $ 12
Net Earnings (Loss) |  | 6,450 |  |  |  |  |  |  |  |  | 6,450 |  |  |  |
Other Comprehensive Income (Loss), Net of Tax |  | 786 |  |  |  |  |  |  |  |  |  |  |  | 786 |
Comprehensive Income (Loss) |  | 7,236 |  |  |  |  |  |  |  |  | 6,450 |  |  | 786 |
Common shares issued under stock option plans (in shares) |  |  |  |  |  | 170 |  |  |  |  |  |  |  |  |
Common Shares Issued Under Stock Option Plans |  |  | $ (138) |  |  |  |  |  |  | $ 32 |  |  |  |  |
Purchase of Common Shares Under NCIBs | [2] |  | (2,530) |  |  | $ (959) |  |  |  | (1,571) |  |  |  |  |
Warrants Exercised |  | 62 |  |  | 93 |  |  | (31) |  |  |  |  |  |  |
Stock-Based Compensation Expense |  | 10 |  |  |  |  |  |  | 10 |  |  |  |  |  |
Dividends paid |  |  | (682) | $ (35) |  |  |  |  |  |  |  | $ (682) | $ (35) |  |
Variable Dividends on Common Shares |  |  | (219) |  |  |  |  |  |  |  |  | (219) |  |  |
Non-Controlling Interest |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1
Ending balance at Dec. 31, 2022 |  | 27,576 |  |  | 16,320 |  | 519 | 184 | 2,691 |  | 6,392 |  |  | 1,470 | 13
Net Earnings (Loss) |  | 4,109 |  |  |  |  |  |  |  |  | 4,109 |  |  |  |
Other Comprehensive Income (Loss), Net of Tax |  | (262) |  |  |  |  |  |  |  |  |  |  |  | (262) |
Comprehensive Income (Loss) |  | 3,847 |  |  |  |  |  |  |  |  | 4,109 |  |  | (262) |
Common shares issued under stock option plans (in shares) |  |  |  |  |  | 58 |  |  |  |  |  |  |  |  |
Common Shares Issued Under Stock Option Plans |  |  | (46) |  |  |  |  |  |  | 12 |  |  |  |  |
Purchase of Common Shares Under NCIBs | [2] |  | (1,061) |  |  | $ (373) |  |  |  | $ (688) |  |  |  |  |
Warrants Exercised |  | 18 |  |  | 26 |  |  | (8) |  |  |  |  |  |  |
Stock-Based Compensation Expense |  | 11 |  |  |  |  |  |  | 11 |  |  |  |  |  |
Dividends paid |  |  | (990) | $ (36) |  |  |  |  |  |  |  | $ (990) | $ (36) |  |
Variable Dividends on Common Shares |  |  | $ 0 |  |  |  |  |  |  |  |  |  |  |  |
Warrants Purchased and Cancelled |  | (713) |  |  |  |  |  | (151) |  |  | (562) |  |  |  |
Non-Controlling Interest |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1
Ending balance at Dec. 31, 2023 |  | $ 28,698 |  |  | $ 16,031 |  | $ 519 | $ 25 | $ 2,002 |  | $ 8,913 |  |  | $ 1,208 | $ 14
[1] | Accumulated other comprehensive income (loss) (“AOCI”).
[2] | Normal course issuer bid (“NCIB”).

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