INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2023

Intangible assets other than goodwill [abstract]

Schedule of detailed information about intangible assets

The following table presents a continuity of the company’s intangible assets:

	Cost				Accumulated Amortization and Impairment				Total
AS AT AND FOR THE YEARS ENDED DEC. 31 (MILLIONS)	2023		2022		2023		2022		2023		2022
Balance, beginning of year	$	44,409	$	34,810	$	(5,998)	$	(4,201)	$	38,411	$	30,609
Additions	899		746		—		—		899		746
Disposals1	(3,989)		(2,434)		1,243		259		(2,746)		(2,175)
Acquisitions through business combinations	4,096		12,011		—		2		4,096		12,013
Amortization	—		—		(2,653)		(2,138)		(2,653)		(2,138)
Foreign currency translation	1,177		(724)		(190)		80		987		(644)
Balance, end of year	$	46,592	$	44,409	$	(7,598)	$	(5,998)	$	38,994	$	38,411

1.Includes assets sold and amounts reclassified to held for sale.

Intangible assets are allocated to the following operating segments:

AS AT DEC. 31 (MILLIONS)	Note	2023		2022
Private Equity	(a)	$	21,217	$	23,649
Infrastructure	(b)	15,845		11,822
Real Estate (LP Investments) and Other1	(c)	1,837		2,640
Real Estate (Core and Transitional & Development)1		69		71
Renewable Power and Transition		26		229
		$	38,994	$	38,411

1.Real Estate core and transitional and development investments are included in our Real Estate segment. Real estate LP investments are included within our Asset Management segment as we include the discretionary capital that we invest directly into and alongside private funds managed by BAM and other investments within this segment.

a