Consolidated Statements of Changes in Equity - USD ($) $ in Millions |
Issued capital
Common shares
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[1] |
Issued capital
Preferred shares
|
Treasury shares at cost |
Share-based payments and other reserves |
Retained earnings |
Accumulated other comprehensive income (loss)
Canada
|
Accumulated other comprehensive income (loss)
Europe
|
Accumulated other comprehensive income (loss) |
Common shareholders' equity
Canada
|
Common shareholders' equity
Europe
|
Common shareholders' equity |
Equity attributable to shareholders of Fairfax
Canada
|
Equity attributable to shareholders of Fairfax
Europe
|
Equity attributable to shareholders of Fairfax |
Non-controlling interests |
Preferred shares |
Canada |
Europe |
Total |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Beginning balance at Dec. 31, 2023 | $ 5,995.9 | $ 1,335.5 | $ (906.7) | $ 612.7 | $ 16,875.3 | $ (962.2) | $ 21,615.0 | $ 22,950.5 | $ 4,750.4 | $ 27,700.9 | ||||||||||||
| Changes in equity | ||||||||||||||||||||||
| Net earnings for the year | 3,874.9 | 3,874.9 | 3,874.9 | 388.0 | $ 590.0 | 4,262.9 | ||||||||||||||||
| Other comprehensive income (loss), net of income taxes: | ||||||||||||||||||||||
| Net unrealized foreign currency translation gains (losses) on foreign subsidiaries | (574.9) | (574.9) | (574.9) | (77.6) | (652.5) | |||||||||||||||||
| Gains (losses) on hedge of net investment | $ 173.9 | $ 51.5 | $ 173.9 | $ 51.5 | $ 173.9 | $ 51.5 | 173.9 | $ 51.5 | ||||||||||||||
| Share of other comprehensive income (loss) of associates, excluding net losses on defined benefit plans | (127.7) | (127.7) | (127.7) | (7.6) | (135.3) | |||||||||||||||||
| Net unrealized foreign currency translation losses on associates reclassified to net earnings | 5.5 | 5.5 | 5.5 | 1.0 | 6.5 | |||||||||||||||||
| Net gains on defined benefit plans | 41.6 | 41.6 | 41.6 | 2.7 | 44.3 | |||||||||||||||||
| Share of net losses on defined benefit plans of associates | (1.3) | (1.3) | (1.3) | (0.3) | (1.6) | |||||||||||||||||
| Other | 11.8 | 11.8 | 11.8 | 3.0 | 14.8 | |||||||||||||||||
| Issuances for share-based payments | 108.3 | (106.6) | 1.7 | 1.7 | 1.7 | |||||||||||||||||
| Purchases and amortization for share-based payments | (240.4) | 164.9 | (75.5) | (75.5) | (75.5) | |||||||||||||||||
| Redemption and purchases for cancellation | (333.7) | (227.3) | (1,254.7) | (1,588.4) | (1,815.7) | (1,815.7) | ||||||||||||||||
| Common share dividends | (363.1) | (363.1) | (363.1) | (294.7) | (657.8) | |||||||||||||||||
| Preferred share dividends | (48.6) | (48.6) | (48.6) | $ (48.6) | (48.6) | |||||||||||||||||
| Net changes in capitalization | 61.9 | (106.3) | 2.4 | (42.0) | (42.0) | (513.5) | (555.5) | |||||||||||||||
| Other | 10.0 | (4.6) | 5.4 | 5.4 | 29.8 | 35.2 | ||||||||||||||||
| Ending balance at Dec. 31, 2024 | 5,662.2 | 1,108.2 | (1,038.8) | 732.9 | 18,987.5 | (1,384.0) | 22,959.8 | 24,068.0 | 4,281.2 | 28,349.2 | ||||||||||||
| Changes in equity | ||||||||||||||||||||||
| Net earnings for the year | 4,772.4 | 4,772.4 | 4,772.4 | 511.4 | 1,269.1 | 5,283.8 | ||||||||||||||||
| Other comprehensive income (loss), net of income taxes: | ||||||||||||||||||||||
| Net unrealized foreign currency translation gains (losses) on foreign subsidiaries | 347.2 | 347.2 | 347.2 | (68.3) | 278.9 | |||||||||||||||||
| Gains (losses) on hedge of net investment | $ (110.1) | $ (103.6) | $ (110.1) | $ (103.6) | $ (110.1) | $ (103.6) | $ (110.1) | $ (103.6) | ||||||||||||||
| Share of other comprehensive income (loss) of associates, excluding net losses on defined benefit plans | 221.3 | 221.3 | 221.3 | 19.3 | 240.6 | |||||||||||||||||
| Net unrealized foreign currency translation losses on foreign subsidiaries reclassified to net earnings | 18.9 | 18.9 | 18.9 | 18.9 | ||||||||||||||||||
| Net unrealized foreign currency translation losses on associates reclassified to net earnings | 2.1 | 2.1 | 2.1 | 2.1 | ||||||||||||||||||
| Net gains on defined benefit plans | 53.6 | 53.6 | 53.6 | 0.7 | 54.3 | |||||||||||||||||
| Share of net losses on defined benefit plans of associates | (0.7) | (0.7) | (0.7) | (0.7) | ||||||||||||||||||
| Other | (4.1) | (4.1) | (4.1) | (1.7) | (5.8) | |||||||||||||||||
| Issuances for share-based payments | 122.9 | (121.5) | 1.4 | 1.4 | 1.4 | |||||||||||||||||
| Purchases and amortization for share-based payments | (189.1) | 176.6 | (12.5) | (12.5) | (12.5) | |||||||||||||||||
| Redemption and purchases for cancellation | (249.3) | (876.5) | (1,375.9) | (1,625.2) | (2,501.7) | (2,501.7) | ||||||||||||||||
| Common share dividends | (343.6) | (343.6) | (343.6) | (181.8) | (525.4) | |||||||||||||||||
| Preferred share dividends | (24.5) | (24.5) | (24.5) | $ (24.5) | (24.5) | |||||||||||||||||
| Deconsolidation of subsidiaries | (51.2) | (51.2) | ||||||||||||||||||||
| Net changes in capitalization | (9.0) | 131.5 | 1.4 | 123.9 | 123.9 | (189.1) | (65.2) | |||||||||||||||
| Other | (46.7) | 53.0 | 6.3 | 6.3 | 39.3 | 45.6 | ||||||||||||||||
| Ending balance at Dec. 31, 2025 | $ 5,412.9 | $ 231.7 | $ (1,105.0) | $ 779.0 | $ 22,100.7 | $ (905.0) | $ 26,282.6 | $ 26,514.3 | $ 4,359.8 | $ 30,874.1 | ||||||||||||
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