v3.24.2.u1
other long-term assets
6 Months Ended
Jun. 30, 2024
other long-term assets  
other long-term assets

20

other long-term assets

    

    

June 30, 

    

December 31, 

As at (millions)

    

Note

    

2024

    

2023

Pension assets

 

15

$

321

$

316

Unbilled customer finance receivables

4(a)

570

637

Derivative assets

4(d)

121

179

Deferred income taxes

41

38

Costs incurred to obtain or fulfill contracts with customers

 

 

252

 

218

Real estate joint venture advances

21(a)

94

94

Investments in real estate joint ventures

21(a)

117

50

Investments in associates

21(b)

209

232

Portfolio investments 1

At fair value through net income

53

42

At fair value through other comprehensive income

558

502

Prepaid maintenance

 

 

43

 

46

Refundable security deposits and other

140

139

 

  

$

2,519

$

2,493

1Fair value measured at reporting date using significant other observable inputs (Level 2).

The costs incurred to obtain and fulfill contracts with customers are set out in the following table:

Costs incurred to

    

Obtain

    

    

contracts with

Fulfill contracts

(millions)

customers

 with customers

Total

Balance as at April 1, 2024

$

493

$

45

$

538

Additions

113

9

122

Amortization

 

(85)

 

(3)

 

(88)

Balance as at June 30, 2024

$

521

$

51

$

572

Balance as at January 1, 2024

$

476

$

39

$

515

Additions

 

211

 

17

 

228

Amortization

(166)

(5)

(171)

Balance as at June 30, 2024

$

521

$

51

$

572

Current 1

$

307

$

13

$

320

Non-current

214

38

252

$

521

$

51

$

572

1Presented in the Consolidated statements of financial position as Prepaid expenses.