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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Consolidated Statement Of Comprehensive Income [line items]        
Net income $ 151 $ 122 $ 328 $ 155
Other comprehensive income (loss) that will not be reclassified to net income (loss)        
Revaluations of property, plant and equipment (2) 19 (44) 17
Actuarial gain (loss) on defined benefit plans (5) 15 (6) 20
Deferred tax recovery (expense) on above item 10 (8) 10 (12)
Unrealized gain (loss) on investments in equity securities 2 (4) 2 (9)
Equity-accounted investments (4) 4 6 4
Total items that will not be reclassified to net income 1 26 (32) 20
Other comprehensive income (loss) that may be reclassified to net income        
Foreign currency translation 599 (890) 871 (106)
Gain (loss) arising during the period on financial instruments designated as cash-flow hedges 50 27 178 (6)
Gain on foreign exchange swaps net investment hedge 0 97 (19) 52
Reclassification adjustments for amounts recognized in net income (loss) (23) 36 (72) 92
Deferred income taxes on above items (3) (30) (14) (46)
Equity-accounted investments (17) (26) (24) (4)
Total items that may be reclassified subsequently to net income (loss) 606 (786) 920 (18)
Other comprehensive income (loss) 607 (760) 888 2
Comprehensive income (loss) 758 (638) 1,216 157
Other comprehensive income (loss) that may be reclassified to net income        
Preferred limited partners' equity 10 12 20 23
Limited partners' equity 41 (123) 62 (3)
Comprehensive income (loss) 758 (638) 1,216 157
Participating non-controlling interests – in operating subsidiaries        
Consolidated Statement Of Comprehensive Income [line items]        
Net income 167 96 352 182
Other comprehensive income (loss) that may be reclassified to net income        
Other comprehensive income (loss) 433 (477) 602 (105)
Other comprehensive income (loss) that may be reclassified to net income        
Non-controlling interests 600 (381) 954 77
General partnership interest in a holding subsidiary held by Brookfield        
Consolidated Statement Of Comprehensive Income [line items]        
Net income 27 23 55 47
Other comprehensive income (loss) that may be reclassified to net income        
Other comprehensive income (loss) 1 (1) 2 1
Other comprehensive income (loss) that may be reclassified to net income        
Non-controlling interests 28 22 57 48
Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield        
Consolidated Statement Of Comprehensive Income [line items]        
Net income (20) (7) (38) (38)
Other comprehensive income (loss) that may be reclassified to net income        
Other comprehensive income (loss) 49 (80) 82 36
Other comprehensive income (loss) that may be reclassified to net income        
Non-controlling interests 29 (87) 44 (2)
BEPC exchangeable shares        
Other comprehensive income (loss) that may be reclassified to net income        
Non-controlling interests 26 (77) 39 (2)
Preferred equity        
Consolidated Statement Of Comprehensive Income [line items]        
Net income 6 6 13 13
Other comprehensive income (loss) that may be reclassified to net income        
Other comprehensive income (loss) 11 (17) 13 (11)
Other comprehensive income (loss) that may be reclassified to net income        
Non-controlling interests 17 (11) 26 2
Perpetual subordinated notes        
Consolidated Statement Of Comprehensive Income [line items]        
Net income 7 7 14 14
Other comprehensive income (loss) that may be reclassified to net income        
Non-controlling interests $ 7 $ 7 $ 14 $ 14