SEGMENTED INFORMATION (Tables)

6 Months Ended

Jun. 30, 2023

Disclosure Of Entity's Operating Segments [Abstract]

Disclosure of operating segments

The following table provides each segment's results in the format that management organizes its segments to make operating decisions and assess performance and reconciles Brookfield Renewable's proportionate results to the consolidated statements of income (loss) on a line by line basis by aggregating the components comprising the earnings from Brookfield Renewable's investments in associates and reflecting the portion of each line item attributable to non-controlling interests for the three months ended June 30, 2023:

	Attributable to Unitholders																						Contribution from equity-accounted investments		Attributable  to non-  controlling  interests		As per IFRS financials(1)
	Hydroelectric						Wind								Utility-scale solar		Distributed energy & sustainable solutions		Corporate		Total
(MILLIONS)	North America		Brazil		Colombia		North America		Europe		Brazil		Asia
Revenues	$	274	$	58	$	66	$	73	$	35	$	9	$	13	$	110	$	81	$	—	$	719	$	(50)	$	536	$	1,205
Other income	4		2		4		35		5		1		1		15		9		22		98		(2)		(35)		61
Direct operating costs	(97)		(18)		(23)		(24)		(8)		(3)		(4)		(18)		(27)		(9)		(231)		26		(220)		(425)
Share of revenue, other income and direct operating costs from equity-accounted investments	—		—		—		—		—		—		—		—		—		—		—		26		—		26
	181		42		47		84		32		7		10		107		63		13		586		—		281
Management service costs	—		—		—		—		—		—		—		—		—		(55)		(55)		—		—		(55)
Interest expense	(64)		(4)		(21)		(15)		(4)		(2)		(3)		(28)		(9)		(32)		(182)		6		(226)		(402)
Current income taxes	(3)		(2)		(5)		(1)		(1)		—		—		(2)		—		—		(14)		2		(25)		(37)
Distributions attributable to
Preferred limited partners equity	—		—		—		—		—		—		—		—		—		(10)		(10)		—		—		(10)
Preferred equity	—		—		—		—		—		—		—		—		—		(6)		(6)		—		—		(6)
Perpetual subordinated notes	—		—		—		—		—		—		—		—		—		(7)		(7)		—		—		(7)
Share of interest and cash taxes from equity accounted investments	—		—		—		—		—		—		—		—		—		—		—		(8)		—		(8)
Share of Funds From Operations attributable to non-controlling interests	—		—		—		—		—		—		—		—		—		—		—		—		(30)		(30)
Funds From Operations	114		36		21		68		27		5		7		77		54		(97)		312		—		—
Depreciation																					(248)		11		(221)		(458)
Foreign exchange and financial instrument gain (loss)																					31		(3)		125		153
Deferred income tax expense																					31		1		(14)		18
Other																					(165)		(4)		247		78
Share of earnings from equity-accounted investments																					—		(5)		—		(5)
Net income attributable to non-controlling interests																					—		—		(137)		(137)
Net income (loss) attributable to Unitholders(2)																					$	(39)	$	—	$	—	$	(39)

(1)Share of earnings from equity-accounted investments of $13 million is comprised of amounts found on the share of revenue, other income and direct operating costs, share of interest and cash taxes and share of earnings lines. Net income attributable to participating non-controlling interests – in operating subsidiaries of $167 million is comprised of amounts found on share of Funds From Operations attributable to non-controlling interests and Net loss attributable to non-controlling interests.

(2)Net income (loss) attributable to Unitholders includes net income (loss) attributable to GP interest, Redeemable/Exchangeable partnership units, BEPC exchangeable shares and LP units. Total net income (loss) includes amounts attributable to Unitholders, non-controlling interests, preferred limited partners equity, preferred equity and perpetual subordinated notes.

The following table provides each segment's results in the format that management organizes its segments to make operating decisions and assess performance and reconciles Brookfield Renewable's proportionate results to the consolidated statements of income on a line by line basis by aggregating the components comprising the earnings from Brookfield Renewable's investments in associates and reflecting the portion of each line item attributable to non-controlling interests for the three months ended June 30, 2022:

	Attributable to Unitholders																						Contribution from equity-accounted investments		Attributable  to non-  controlling  interests		As per IFRS financials(1)
	Hydroelectric						Wind								Utility-scale solar		Distributed energy & sustainable solutions		Corporate		Total
(MILLIONS)	North America		Brazil		Colombia		North America		Europe		Brazil		Asia
Revenues	$	297	$	45	$	67	$	85	$	32	$	7	$	10	$	112	$	68	$	—	$	723	$	(47)	$	598	$	1,274
Other income	—		2		—		—		7		—		1		19		3		19		51		(1)		(36)		14
Direct operating costs	(93)		(13)		(22)		(31)		(6)		(1)		(2)		(27)		(24)		(8)		(227)		18		(157)		(366)
Share of revenue, other income and direct operating costs from equity-accounted investments	—		—		—		—		—		—		—		—		—		—		—		30		2		32
	204		34		45		54		33		6		9		104		47		11		547		—		407
Management service costs	—		—		—		—		—		—		—		—		—		(65)		(65)		—		—		(65)
Interest expense	(46)		(7)		(14)		(16)		(5)		(2)		(3)		(28)		(12)		(20)		(153)		4		(145)		(294)
Current income taxes	(3)		(3)		(5)		—		—		—		—		(2)		3		—		(10)		4		(25)		(31)
Distributions attributable to
Preferred limited partners equity	—		—		—		—		—		—		—		—		—		(12)		(12)		—		—		(12)
Preferred equity	—		—		—		—		—		—		—		—		—		(6)		(6)		—		—		(6)
Perpetual subordinated notes																			(7)		(7)		—		—		(7)
Share of interest and cash taxes from equity accounted investments	—		—		—		—		—		—		—		—		—		—		—		(8)		(2)		(10)
Share of Funds From Operations attributable to non-controlling interests	—		—		—		—		—		—		—		—		—		—		—		—		(235)		(235)
Funds From Operations	155		24		26		38		28		4		6		74		38		(99)		294		—		—
Depreciation																					(233)		10		(166)		(389)
Foreign exchange and financial instrument gain (loss)																					(12)		—		—		(12)
Deferred income tax expense																					(4)		(2)		(25)		(31)
Other																					(44)		(15)		52		(7)
Share of loss from equity-accounted investments																					—		7		—		7
Net income attributable to non-controlling interests																					—		—		139		139
Net income attributable to Unitholders(2)																					$	1	$	—	$	—	$	1

(1)Share of loss from equity-accounted investments of $29 million is comprised of amounts found on the share of revenue, other income and direct operating costs, share of interest and cash taxes and share of earnings lines. Net loss attributable to participating non-controlling interests – in operating subsidiaries of $96 million is comprised of amounts found on Share of Funds From Operations attributable to non-controlling interests and Net loss attributable to non-controlling interests.

(2)Net income (loss) attributable to Unitholders includes net income (loss) attributable to GP interest, Redeemable/Exchangeable partnership units, BEPC exchangeable shares and LP units. Total net income (loss) includes amounts attributable to Unitholders, non-controlling interests, preferred limited partners equity, preferred equity and perpetual subordinated notes.

The following table provides each segment's results in the format that management organizes its segments to make operating decisions and assess performance and reconciles Brookfield Renewable's proportionate results to the consolidated statements of income on a line by line basis by aggregating the components comprising the earnings from Brookfield Renewable's investments in associates and reflecting the portion of each line item attributable to non-controlling interests for the six months ended June 30, 2023:

	Attributable to Unitholders											Contribution from equity-accounted investments	Attributable  to non-  controlling  interests	As per IFRS financials(1)
	Hydroelectric			Wind				Utility-scale solar	Distributed generation, storage & other	Corporate	Total
(MILLIONS)	North America	Brazil	Colombia	North America	Europe	Brazil	Asia
Revenues	609	119	132	158	75	17	23	198	160	—	1,491	(129)	1,174	2,536
Other income	8	3	5	36	5	1	1	23	14	34	130	(7)	(36)	87
Direct operating costs	(206)	(35)	(42)	(49)	(16)	(5)	(5)	(45)	(55)	(18)	(476)	60	(410)	(826)
Share of revenue, other income and direct operating costs from equity-accounted investments	—	—	—	—	—	—	—	—	—	—	—	76	—	76
	411	87	95	145	64	13	19	176	119	16	1,145	—	728
Management service costs	—	—	—	—	—	—	—	—	—	(112)	(112)	—	—	(112)
Interest expense	(135)	(9)	(39)	(33)	(8)	(3)	(6)	(55)	(21)	(60)	(369)	16	(443)	(796)
Current income taxes	(4)	(4)	(12)	(1)	(3)	—	(1)	(4)	(1)	—	(30)	5	(55)	(80)
Distributions attributable to
Preferred limited partners equity	—	—	—	—	—	—	—	—	—	(20)	(20)	—	—	(20)
Preferred equity	—	—	—	—	—	—	—	—	—	(13)	(13)	—	—	(13)
Perpetual subordinated notes	—	—	—	—	—	—	—	—	—	(14)	(14)	—	—	(14)
Share of interest and cash taxes from equity accounted investments	—	—	—	—	—	—	—	—	—	—	—	(21)	—	(21)
Share of Funds From Operations attributable to non-controlling interests	—	—	—	—	—	—	—	—	—	—	—	—	(230)	(230)
Funds From Operations	272	74	44	111	53	10	12	117	97	(203)	587	—	—
Depreciation											(489)	24	(422)	(887)
Foreign exchange and financial instrument gain (loss)											69	15	211	295
Deferred income tax expense											34	4	(1)	37
Other											(272)	(34)	334	28
Share of loss from equity-accounted investments											—	(9)	—	(9)
Net loss attributable to non-controlling interests											—	—	(122)	(122)
Net loss attributable to Unitholders(2)											(71)	—	—	(71)

(1)Share of earnings from equity-accounted investments of $46 million is comprised of amounts found on the share of Adjusted EBITDA, share of interest and cash taxes and share of earnings lines. Net income attributable to participating non-controlling interests – in operating subsidiaries of $352 million is comprised of amounts found on Share of Funds From Operations attributable to non-controlling interests and Net Income attributable to non-controlling interests.

(2)Net income (loss) attributable to Unitholders includes net income (loss) attributable to GP interest, Redeemable/Exchangeable partnership units, BEPC exchangeable shares and LP units. Total net income (loss) includes amounts attributable to Unitholders, non-controlling interests, preferred limited partners equity, preferred equity and perpetual subordinated notes.

The following table provides each segment's results in the format that management organizes its segments to make operating decisions and assess performance and reconciles Brookfield Renewable's proportionate results to the consolidated statements of income on a line by line basis by aggregating the components comprising the earnings from Brookfield Renewable's investments in associates and reflecting the portion of each line item attributable to non-controlling interests for the six months ended June 30, 2022:

	Attributable to Unitholders											Contribution  from equity  accounted  investments	Attributable  to non-  controlling  interests	As per IFRS financials(1)
	Hydroelectric			Wind				Utility-scale solar	Distributed energy & sustainable solutions	Corporate	Total
(MILLIONS)	North America	Brazil	Colombia	North America	Europe	Brazil	Asia
Revenues	533	93	140	171	83	13	19	193	127	—	1,372	(96)	1,134	2,410
Other income	2	20	—	—	11	—	1	55	16	24	129	(13)	(31)	85
Direct operating costs	(190)	(26)	(42)	(57)	(15)	(3)	(4)	(54)	(48)	(16)	(455)	39	(300)	(716)
Share of revenue, other income and direct operating costs from equity-accounted investments											—	70	4	74
	345	87	98	114	79	10	16	194	95	8	1,046	—	807	—
Management service costs	—	—	—	—	—	—	—	—	—	(141)	(141)	—	—	(141)
Interest expense	(91)	(12)	(24)	(32)	(9)	(3)	(6)	(54)	(22)	(40)	(293)	10	(277)	(560)
Current income taxes	(5)	(6)	(13)	—	(1)	—	—	(2)	2	—	(25)	7	(55)	(73)
Distributions attributable to
Preferred limited partners equity	—	—	—	—	—	—	—	—	—	(23)	(23)	—	—	(23)
Preferred equity	—	—	—	—	—	—	—	—	—	(13)	(13)	—	—	(13)
Perpetual subordinated notes										(14)	(14)	—	—	(14)
Share of interest and cash taxes from equity-accounted investments	—	—	—	—	—	—	—	—	—	—	—	(17)	(4)	(21)
Share of Funds From Operations attributable to non-controlling interests	—	—	—	—	—	—	—	—	—	—	—	—	(471)	(471)
Funds From Operations	249	69	61	82	69	7	10	138	75	(223)	537	—	—
Depreciation											(479)	19	(330)	(790)
Foreign exchange and financial instrument gain (loss)											(36)	1	(14)	(49)
Deferred income tax expense											26	(2)	(29)	(5)
Other											(125)	(13)	84	(54)
Share of loss from equity-accounted investments											—	(5)	—	(5)
Net income attributable to non-controlling interests											—	—	289	289
Net loss attributable to Unitholders(2)											(77)	—	—	(77)

(1)Share of earnings from equity-accounted investments of $48 million is comprised of amounts found on the share of Adjusted EBITDA, share of interest and cash taxes and share of earnings lines. Net income attributable to participating non-controlling interests– in operating subsidiaries of $182 million is comprised of amounts found on Share of Funds From Operations attributable to non-controlling interests and Net Income attributable to non-controlling interests.

(2)Net income (loss) attributable to Unitholders includes net income (loss) attributable to GP interest, Redeemable/Exchangeable partnership units, BEPC exchangeable shares and LP units. Total net income (loss) includes amounts attributable to Unitholders, non-controlling interests, preferred limited partners equity, preferred equity and perpetual subordinated notes.

Summary of segmented basis about certain items in Brookfield Renewables statement of financial position

The following table provides information on each segment's statement of financial position in the format that management organizes its segments to make operating decisions and assess performance and reconciles Brookfield Renewable's proportionate results to the consolidated statements of financial position by aggregating the components comprising from Brookfield Renewable's investments in associates and reflecting the portion of each line item attributable to non-controlling interests:

	Attributable to Unitholders																						Contribution from equity-accounted investments		Attributable to non- controlling interests		As per IFRS financials
	Hydroelectric						Wind								Utility-scale solar		Distributed energy & sustainable solutions		Corporate		Total
(MILLIONS)	North America		Brazil		Colombia		North America		Europe		Brazil		Asia
As at June 30, 2023
Cash and cash equivalents	$	122	$	30	$	22	$	61	$	48	$	34	$	16	$	93	$	74	$	18	$	518	$	(56)	$	740	$	1,202
Property, plant and equipment	15,452		1,843		2,121		3,598		670		425		299		3,006		2,387		3		29,804		(1,287)		27,745		56,262
Total assets	16,698		2,012		2,362		3,964		841		484		397		3,612		3,063		289		33,722		(793)		32,972		65,901
Total borrowings	4,150		267		608		1,259		359		121		219		2,357		928		2,661		12,929		(557)		12,043		24,415
Other liabilities	5,009		118		748		1,111		210		31		43		622		688		307		8,887		(236)		4,323		12,974
As at December 31, 2022
Cash and cash equivalents	$	55	$	15	$	14	$	48	$	56	$	22	$	24	$	139	$	72	$	—	$	445	$	(43)	$	596	$	998
Property, plant and equipment	15,331		1,743		1,826		3,563		650		346		294		3,046		2,337		—		29,136		(1,165)		26,312		54,283
Total assets	16,971		1,880		2,036		3,969		816		381		399		3,520		2,794		581		33,347		(587)		31,351		64,111
Total borrowings	4,206		258		526		1,356		358		83		238		2,382		928		2,556		12,891		(373)		12,332		24,850
Other liabilities	5,250		99		634		1,344		244		15		71		492		507		271		8,927		(204)		4,252		12,975

Disclosure of geographical areas

The following table presents consolidated revenue split by reportable segment for the three and six months ended June 30:

	Three months ended June 30				Six months ended June 30
(MILLIONS)	2023		2022		2023		2022
Hydroelectric
North America	$	286	$	371	$	708	$	656
Brazil	66		46		133		93
Colombia	292		274		575		579
	644		691		1,416		1,328
Wind
North America	172		175		358		339
Europe	30		47		91		124
Brazil	31		21		54		38
Asia	56		44		105		82
	289		287		608		583
Utility-scale solar	174		207		338		349
Distributed energy & sustainable solutions	98		89		174		150
Total	$	1,205	$	1,274	$	2,536	$	2,410

The following table presents consolidated property, plant and equipment and equity-accounted investments split by geography region:

(MILLIONS)	June 30, 2023		December 31, 2022
United States	$	29,394	$	29,056
Colombia	9,460		8,264
Canada	7,636		7,560
Brazil	5,222		4,754
Europe	3,976		3,963
Asia	2,057		1,932
Other	161		146
	$	57,906	$	55,675