ACQUISITIONS OF CONSOLIDATED ENTITIES (Tables)

6 Months Ended

Jun. 30, 2025

Disclosure of detailed information about business combination [abstract]

Disclosure of detailed information about business combinations

The following table summarizes the balance sheet impact as a result of business combinations that occurred in the six months ended June 30, 2025.

AS AT JUN. 30, 2025 (MILLIONS)	Private Equity		Renewable Power and Transition		Infrastructure		Real Estate and other		Total
Cash and cash equivalents	$	74	$	84	$	91	$	3	$	252
Accounts receivable and other	244		647		57		1		949
Other financial assets	—		112		34		2		148
Inventory	213		—		5		—		218
Equity accounted investments	—		929		—		—		929
Property, plant and equipment	209		502		124		118		953
Intangible assets	1,637		—		1,381		—		3,018
Goodwill	1,097		73		146		—		1,316
Deferred income tax assets	3		—		—		—		3
Total assets	3,477		2,347		1,838		124		7,786
Less:
Accounts payable and other	(244)		(277)		(235)		(3)		(759)
Non-recourse borrowings	—		(652)		(638)		—		(1,290)
Deferred income tax liabilities	(119)		—		(213)		—		(332)
Non-controlling interests1	—		—		(33)		(3)		(36)
	(363)		(929)		(1,119)		(6)		(2,417)
Net assets acquired1	$	3,114	$	1,418	$	719	$	118	$	5,369

1.Net assets acquired is typically equal to total consideration. Total consideration includes amounts paid by non-controlling interests that participated in the acquisition as investors in Brookfield-sponsored private funds or as co-investors.