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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Non-controlling interests
Common shares
Common Share Capital
Common shares
Contributed Surplus
Common shares
Retained Earnings
Common shares
Ownership Changes1 
Common shares
Revaluation Surplus
Common shares
Currency Translation
Common shares
Other Reserves2
Common shares
Common equity
Common shares
Non-controlling interests
Preferred shares
Preferred equity
Preferred shares
Non-controlling interests
Beginning balance (Previously stated) at Dec. 31, 2020 $ 122,642 $ 86,804 $ 7,368 $ 285 $ 15,178 $ 2,691 $ 7,530 $ (2,133) $ 774 $ 31,693   $ 4,145  
Changes in period:                          
Net income attributable to shareholders 3,966       3,966         3,966      
Non-controlling interests 8,422 8,422                      
Net income 12,388                        
Other comprehensive (loss) income             1,502 (318) 660 1,844      
Other comprehensive income   3,390                      
Other comprehensive income 5,234                        
Comprehensive income, attributable to owners of parent 5,810           1,502 (318) 660 5,810      
Comprehensive income, attributable to non-controlling interests 11,812 11,812                      
Comprehensive income 17,622                        
Shareholder distributions                          
Common equity (1,338)       (1,338)         (1,338)      
Preferred equity (148)       (148)         (148)      
Non-controlling interests (8,163) (8,163)                      
Other items                          
Issue of equity 5,281 2,468 3,170 (32) (325)         2,813   0  
Share-based compensation 46 0   67 (21)         46      
Ownership changes (1,201) (4,535)     393 3,552 (751) 164 (24) 3,334      
Total change in period 12,099 1,582 3,170 35 2,527 3,552 751 (154) 636 10,517   0  
Ending balance (Previously stated) at Dec. 31, 2021 134,741 88,386         8,281 (2,287) 1,410 42,210   4,145  
Ending balance at Dec. 31, 2021 134,741 88,386 10,538 320 17,705 6,243 8,281 (2,287) 1,410 42,210 $ 82,898 4,145 $ 5,488
Changes in period:                          
Net income attributable to shareholders 2,056       2,056         2,056      
Non-controlling interests 3,139 3,139                      
Net income 5,195                        
Other comprehensive (loss) income (263)           884 (542) (605) (263)      
Other comprehensive income 3,292 3,292                      
Other comprehensive income 3,029                        
Comprehensive income, attributable to owners of parent 1,793           884 (542) (605) 1,793      
Comprehensive income, attributable to non-controlling interests 6,431 6,431                      
Comprehensive income 8,224                        
Shareholder distributions                          
Common equity (879)       (879)         (879)      
Preferred equity (150)       (150)         (150)      
Non-controlling interests (11,102)                        
Other items                          
Issue of equity 10,221 10,786 363 (287) (641)         (565)   0  
Share-based compensation (42) 0   115 (157)         (42)      
Ownership changes [1] 878 3,637     72 (3,284) 357 3 93 (2,759)      
Total change in period 7,150 9,752 363 (172) 301 (3,284) 1,241 (539) (512) (2,602)   0  
Ending balance at Dec. 31, 2022 141,891 $ 98,138 $ 10,901 $ 148 $ 18,006 $ 2,959 $ 9,522 $ (2,826) $ 898 $ 39,608 $ 92,991 $ 4,145 $ 5,147
Other items                          
Non-cash distribution $ (2,400)                        
Proportion of ownership interest in subsidiary 25.00%                        
[1] Includes a non-cash distribution of $2.4 billion made on December 9, 2022 relating to the special distribution of a 25% interest in our asset management business.