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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
Preferred shares
Preferred equity
Beginning balance (Previously stated) at Dec. 31, 2022 $ 141,891 $ 98,138 $ 10,901 $ 148 $ 18,006 $ 2,959 $ 9,522 $ (2,826) $ 898 $ 39,608 $ 4,145
Changes in period:                      
Net income attributable to shareholders 201       201         201  
Non-controlling interests 1,735 1,735                  
Net income (loss) 1,936                    
Other comprehensive income (loss) 752           (10) 380 382 752  
Other comprehensive income (loss) 1,315 1,315                  
Other comprehensive income 2,067                    
Comprehensive income, attributable to owners of parent 953           (10) 380 382 953  
Comprehensive income, attributable to non-controlling interests 3,050 3,050                  
Comprehensive income 4,003                    
Shareholder distributions                      
Common equity (220)       (220)         (220)  
Preferred equity (82)       (82)         (82)  
Non-controlling interests (5,773) (5,773)                  
Other items                      
Issue of equity 14,871 15,214 (44) (5) (252)         (301) (42)
Share-based compensation 5 0   12 (7)         5  
Ownership changes 888 353     0 850 (595) (25) 305 535  
Total change in period (13,692) (12,844) 44 (7) 360 (850) 605 (355) (687) (890) 42
Ending balance at Jun. 30, 2023 155,583 110,982 10,857 155 17,646 3,809 8,917 (2,471) 1,585 40,498 4,103
Beginning balance (Previously stated) at Mar. 31, 2023 146,914 102,851 10,849 154 17,747 3,124 9,493 (2,717) 1,310 39,960  
Changes in period:                      
Net income attributable to shareholders 81       81         81  
Non-controlling interests 1,431 1,431                  
Net income (loss) 1,512                    
Other comprehensive income (loss) 557           (10) 253 314 557  
Other comprehensive income (loss) 1,471 1,471                  
Other comprehensive income 2,028                    
Comprehensive income, attributable to owners of parent 638           (10) 253 314 638  
Comprehensive income, attributable to non-controlling interests 2,902 2,902                  
Comprehensive income 3,540                    
Shareholder distributions                      
Common equity (110)       (110)         (110)  
Preferred equity (41)       (41)         (41)  
Non-controlling interests (2,777) (2,777)                  
Other items                      
Issue of equity 7,711 7,736 8 (5) (28)         (25) 0
Share-based compensation 3 0   6 (3)         3  
Ownership changes 343 270       685 (566) (7) (39) 73  
Total change in period (8,669) (8,131) (8) (1)   (685) (576) (246) (275) (538) 0
Ending balance at Jun. 30, 2023 155,583 110,982 10,857 155 17,646 3,809 8,917 (2,471) 1,585 40,498 4,103
Beginning balance (Previously stated) at Dec. 31, 2023 168,242 122,465         8,958 (2,477) 1,686 41,674 4,103
Beginning balance at Dec. 31, 2023 168,242 122,465 10,879 112 18,006 4,510       41,674 4,103
Changes in period:                      
Net income attributable to shareholders 145       145         145  
Non-controlling interests 89 89                  
Net income (loss) 234                    
Other comprehensive income (loss) (68)           (23) (471) 426 (68)  
Other comprehensive income (loss) (1,560) (1,560)                  
Other comprehensive income (1,628)                    
Comprehensive income, attributable to owners of parent 77           (23) (471) 426 77  
Comprehensive income, attributable to non-controlling interests (1,471) (1,471)                  
Comprehensive income (1,394)                    
Shareholder distributions                      
Common equity (248)       (248)         248  
Preferred equity (84)       (84)         84  
Non-controlling interests (3,757)                    
Other items                      
Issue of equity 4,444 5,159 (48) (20) (647)         (715) 0
Share-based compensation (24) 0   17 (41)         (24)  
Ownership changes 385 (167)     0 526 18 (2) 10 552  
Total change in period 678 236 48 3 875 (526) 5 473 (436) 442 0
Ending balance at Jun. 30, 2024 167,564 122,229 10,831 109 17,131 5,036 8,953 (2,950) 2,122 41,232 4,103
Beginning balance (Previously stated) at Mar. 31, 2024 169,030 124,450 10,833 111 17,508 4,356 8,978 (2,732) 1,423 40,477 4,103
Changes in period:                      
Net income attributable to shareholders 43       43         43  
Non-controlling interests (328) (328)                  
Net income (loss) (285)                    
Other comprehensive income (loss) 463           (19) (217) 699 463  
Other comprehensive income (loss) (969) (969)                  
Other comprehensive income (506)                    
Comprehensive income, attributable to owners of parent 506           (19) (217) 699 506  
Comprehensive income, attributable to non-controlling interests (1,297) (1,297)                  
Comprehensive income (791)                    
Shareholder distributions                      
Common equity (124)       (124)         (124)  
Preferred equity (42)       (42)         (42)  
Non-controlling interests (1,997) (1,997)                  
Other items                      
Issue of equity 1,275 1,519 (2) (11) (231)         (244) 0
Share-based compensation (14) 0   9 (23)         (14)  
Ownership changes 227 (446)     0 680 (6) (1) 0 673  
Total change in period 1,466 2,221 2 2 377 (680) 25 218 (699) (755) 0
Ending balance at Jun. 30, 2024 $ 167,564 $ 122,229 $ 10,831 $ 109 $ 17,131 $ 5,036 $ 8,953 $ (2,950) $ 2,122 $ 41,232 $ 4,103