HELD FOR SALE

6 Months Ended

Jun. 30, 2023

Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]

The following is a summary of the assets and liabilities classified as held for sale:


AS AT JUN. 30, 2023 (MILLIONS)	Real Estate		Private Equity and Other		Renewable Power and Transition		Total
Assets
Cash and cash equivalents	$	4	$	39	$	5	$	48
Accounts receivable and other	21		304		11		336
Equity accounted investments	9		(8)		—		1
Investment properties	1,238		—		—		1,238
Property, plant and equipment	128		348		30		506
Intangible assets	—		112		—		112
Goodwill	—		222		18		240
Other long-term assets	—		—		199		199
Deferred income tax assets	—		4		—		4
Assets classified as held for sale	$	1,400	$	1,021	$	263	$	2,684
Liabilities
Accounts payable and other	$	51	$	342	$	41	$	434
Non-recourse borrowings of managed entities	770		131		153		1,054


Deferred income tax liabilities	—		1		—		1

Liabilities associated with assets classified as held for sale	$	821	$	474	$	194	$	1,489

As at June 30, 2023, assets held for sale include:

•six office assets in Ireland, four malls in the U.S., four office assets in the U.S., one hospitality asset in the U.S, and one multifamily asset in Brazil in the Real Estate segment;

•North American retail gas station assets within our road fuels operations and a majority of assets within the automotive aftermarket parts remanufacturing operations within the Private Equity segment; and

•a 95 MW portfolio of wind assets and a 26MW solar asset in Uruguay within the Renewable Power and Transition segment.

For the six months ended June 30, 2023, we disposed of $3.2 billion and $907 million of assets and liabilities, respectively, mostly associated with a non-core division in our dealer software and technology services operations within the Private Equity segment, a 378MW operating hydroelectric portfolio in the U.S. within our Renewable Power and Transition segment, and an Indian toll roads operation within the Infrastructure segment.