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ACQUISITIONS OF CONSOLIDATED ENTITIES (Tables) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Disclosure of detailed information about business combination [line items]    
Cash and cash equivalents recognised as of acquisition date $ 119  
Accounts receivable and other 276  
Inventory 118  
Equity accounted investments 74  
Investment properties 988  
Identifiable intangible assets recognised as of acquisition date 560  
Goodwill 14,953 $ 14,714
Identifiable Assets Acquired Recognised As Of Acquisition Date 6,952  
Accounts payable and other (490)  
Non-recourse borrowings (2,620)  
Deferred income tax liabilities (125)  
Non-controlling interests (101)  
Liabilities Recognized as of Acquisition Date (3,336)  
Identifiable assets acquired (liabilities assumed) $ 3,616  
Disclosure of detailed information about business combinations
The following table summarizes the balance sheet impacts as a result of business combinations that occurred in the six months ended June 30, 2021. No material changes were made to provisional allocations.
AS AT JUN. 30, 2021 (MILLIONS)Private EquityReal EstateRenewable PowerInfrastructure and OtherTotal 
Cash and cash equivalents$17 $54 $$46 $119 
Accounts receivable and other86 77 97 16 276 
Inventory112 — — 118 
Equity accounted investments20 10 — 44 74 
Investment properties— 988 — — 988 
Property, plant and equipment68 1,720 2,351 185 4,324 
Intangible assets91 — 467 560 
Goodwill293 — 102 98 493 
Total assets687 2,851 2,558 856 6,952 
Less:
Accounts payable and other(204)(70)(155)(61)(490)
Non-recourse borrowings(103)(1,319)(975)(223)(2,620)
Deferred income tax liabilities(26)— — (99)(125)
Non-controlling interests1
(11)— — (90)(101)
(344)(1,389)(1,130)(473)(3,336)
Net assets acquired$343 $1,462 $1,428 $383 $3,616 
Consideration2
$343 $1,462 $1,428 $383 $3,616 
1.Includes non-controlling interests recognized on business combinations measured as the proportionate share of fair value of the identifiable assets and liabilities on the date of acquisition.
2.Total consideration, including amounts paid by non-controlling interests that participated in the acquisition as investors in Brookfield-sponsored private funds or as co-investors.
 
Gross carrying amount [member]    
Disclosure of detailed information about business combination [line items]    
Additions $ 493  
Real Estate    
Disclosure of detailed information about business combination [line items]    
Investment properties 988  
Total     
Disclosure of detailed information about business combination [line items]    
Identifiable Assets Acquired Recognised As Of Acquisition Date 7,000  
Consideration transferred, acquisition-date fair value 3,616  
Total  | Private Equity    
Disclosure of detailed information about business combination [line items]    
Cash and cash equivalents recognised as of acquisition date 17  
Accounts receivable and other 86  
Inventory 112  
Equity accounted investments 20  
Property, plant and equipment 68  
Identifiable intangible assets recognised as of acquisition date 91  
Goodwill 293  
Identifiable Assets Acquired Recognised As Of Acquisition Date 687  
Accounts payable and other (204)  
Non-recourse borrowings (103)  
Deferred income tax liabilities (26)  
Non-controlling interests (11)  
Liabilities Recognized as of Acquisition Date (344)  
Identifiable assets acquired (liabilities assumed) 343  
Consideration transferred, acquisition-date fair value 343  
Total  | Renewable Power    
Disclosure of detailed information about business combination [line items]    
Cash and cash equivalents recognised as of acquisition date 2  
Accounts receivable and other 97  
Inventory 6  
Equity accounted investments 0  
Property, plant and equipment 2,351  
Identifiable intangible assets recognised as of acquisition date 0  
Goodwill 102  
Identifiable Assets Acquired Recognised As Of Acquisition Date 2,558  
Accounts payable and other (155)  
Non-recourse borrowings (975)  
Deferred income tax liabilities 0  
Non-controlling interests 0  
Liabilities Recognized as of Acquisition Date (1,130)  
Identifiable assets acquired (liabilities assumed) 1,428  
Consideration transferred, acquisition-date fair value 1,428  
Total  | Real Estate    
Disclosure of detailed information about business combination [line items]    
Cash and cash equivalents recognised as of acquisition date 54  
Accounts receivable and other 77  
Inventory 0  
Equity accounted investments 10  
Property, plant and equipment 1,720  
Identifiable intangible assets recognised as of acquisition date 2  
Goodwill 0  
Identifiable Assets Acquired Recognised As Of Acquisition Date 2,851  
Accounts payable and other (70)  
Non-recourse borrowings (1,319)  
Deferred income tax liabilities 0  
Non-controlling interests 0  
Liabilities Recognized as of Acquisition Date (1,389)  
Identifiable assets acquired (liabilities assumed) 1,462  
Consideration transferred, acquisition-date fair value 1,462  
Total  | Infrastructure And Other [Member]    
Disclosure of detailed information about business combination [line items]    
Cash and cash equivalents recognised as of acquisition date 46  
Accounts receivable and other 16  
Inventory 0  
Equity accounted investments 44  
Property, plant and equipment 185  
Identifiable intangible assets recognised as of acquisition date 467  
Goodwill 98  
Identifiable Assets Acquired Recognised As Of Acquisition Date 856  
Accounts payable and other (61)  
Non-recourse borrowings (223)  
Deferred income tax liabilities (99)  
Non-controlling interests (90)  
Liabilities Recognized as of Acquisition Date (473)  
Identifiable assets acquired (liabilities assumed) 383  
Consideration transferred, acquisition-date fair value $ 383