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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Limited partners' equity
Foreign currency translation
Revaluation surplus
Actuarial gains (losses) on defined benefit plans
Cash flow hedges
Investments in equity securities
Total limited partners' equity
Preferred limited partners' equity
Preferred equity
Participating non-controlling interests - in operating subsidiaries
General partnership interest in a holding subsidiary held by Brookfield
Participating non-controlling interests - in a holding subsidiary - Redeemable/Exchangeable units held by Brookfield
Beginning balance at Dec. 31, 2016 $ 12,672 $ (257) $ (404) $ 4,124 $ (8) $ (31) $ 24 $ 3,448 $ 324 $ 576 $ 5,589 $ 55 $ 2,680
Net income (loss) 51 (32)           (32) 28 26 53 (1) (23)
Other comprehensive income (loss) 1,350   26 508 (1) 2 (9) 526   39 383 9 393
Preferred Units issued (Note 17) (187)                        
Preferred Units and LP Units issued 598 411           411 187        
Adjustments 0 (63)           (63)       1 62
Capital contributions (Note 16) (294)                   (294)    
Acquisition 525                   525    
Distributions or dividends declared (1,199) (328)           (328) (28) (26) (539) (35) (243)
Distribution reinvestment plan 10 10           10          
Other (19)     (16)       (16)   1 (7) 29 (26)
Change in year 1,610 (2) 26 492 (1) 2 (9) 508 187 40 709 3 163
Ending balance at Dec. 31, 2017 14,282 (259) (378) 4,616 (9) (29) 15 3,956 511 616 6,298 58 2,843
Net income (loss) 403 24           24 38 26 297 1 17
Other comprehensive income (loss) 3,264   (205) 1,131 3 5 (8) 926   (48) 1,707 13 666
Preferred Units issued (Note 17) (196)               (196)        
LP Units purchased for cancellation (51) (51)           (51)          
Capital contributions (Note 16) 307                   307    
Acquisition 21                   21    
Distributions or dividends declared (1,272) (355)           (355) (38) (26) (553) (45) (255)
Distribution reinvestment plan 8 8           8          
Other 48 (315) (69) 373   (10) (3) (24)     52 39 (19)
Change in year 2,924 (689) (274) 1,504 3 (5) (11) 528 196 (48) 1,831 8 409
Ending balance at Dec. 31, 2018 17,206 (948) (652) 6,120 (6) (34) 4 4,484 707 568 8,129 66 3,252
Net income (loss) 273 (34)           (34) 44 26 262   (25)
Other comprehensive income (loss) 1,725   (35) 538 (4) 1 19 519   28 795 7 376
Preferred Units issued (Note 17) (126)               (126)        
Capital contributions (Note 16) 430                   430    
Disposal (Note 4) (172)                   (172)    
Distributions or dividends declared (1,469) (370)           (370) (44) (26) (706) (55) (268)
Distribution reinvestment plan 6 6           6          
Other 6 227 (13) (234) 1 1 (11) (29)   1 4 50 (20)
Change in year 925 (171) (48) 304 (3) 2 8 92 126 29 613 2 63
Ending balance at Dec. 31, 2019 $ 18,131 $ (1,119) $ (700) $ 6,424 $ (9) $ (32) $ 12 $ 4,576 $ 833 $ 597 $ 8,742 $ 68 $ 3,315