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SUBSIDIARY EQUITY OBLIGATIONS (Tables)
12 Months Ended
Dec. 31, 2023
Disclosure of financial liabilities [abstract]  
Disclosure of detailed information about equity interests classified as liabilities [Table Text Block]
Subsidiary equity obligations consist of the following:
AS AT DEC. 31
(MILLIONS)
Note20232022
Subsidiary preferred shares and capital(a)$2,257 $1,469 
Limited-life funds and redeemable fund units(b)263 1,114 
Subsidiary preferred equity units(c)1,625 1,605 
Total$4,145 $4,188 
AS AT DEC. 31
(MILLIONS, EXCEPT SHARE INFORMATION)
Shares OutstandingCumulative Dividend RateLocal Currency20232022
Series 2
24,000,000 6.50 %US$$587 $575 
Series 3
24,000,000 6.75 %US$564 556 
New LP Preferred Units19,273,654 6.25 %US$474 474 
Total
$1,625 $1,605