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Consolidated Statements of Changes in Equity - USD ($)
$ in Millions
Total
Limited partners
General partner
Capital
Preferred equity
Capital
Limited partners
Capital
General partner
Retained earnings
Limited partners
Retained earnings
General partner
Ownership changes
Limited partners
Ownership changes
General partner
Accumulated other compre-hensive (loss) income
Limited partners
Accumulated other compre-hensive (loss) income
General partner
Non-controlling interests
Redeemable/ exchangeable and special limited partnership units
Non-controlling interests
Limited partnership units of Brookfield Office Properties Exchange LP
Non-controlling interests
FV LTIP units of the Operating Partnership
Non-controlling interests
Class A shares of Brookfield Properties Retail Holding LLC
Class A
Non-controlling interests
Interests of others in operating subsidiaries and properties
Beginning balance at Dec. 31, 2018 $ 46,740 $ 12,353 $ 4 $ 0 $ 8,987 $ 4 $ 2,234 $ 2 $ 1,657 $ 0 $ (525) $ 0 $ 12,740 $ 96 $ 0 $ 3,091 $ 18,456
Net income (loss) 3,157 884         884           896 6 1 169 1,201
Other comprehensive income (loss) 323 74                 74   74 1   14 160
Total comprehensive income (loss) 3,480 958         884       74   970 7 1 183 1,361
Distributions (4,491) (573)         (573)           (580) (4) (1) (108) (3,225)
Preferred distributions (15) (15)         (15)                    
Issuances / repurchases of equity interests in operating subsidiaries (779) (468)   420 (439)   9   (38)       (21)   4 (107) (607)
Exchange of exchangeable units 0 10     8       2     2 (12)      
Conversion of Class A shares of Brookfield Properties Retail Holding LLC 0 1,065     701       364             (1,065)  
Change in relative interests of non-controlling interests 0 (56)             (25) 1 (31)   89   31 (64)  
Ending balance at Dec. 31, 2019 44,935 13,274 4 420 9,257 4 2,539 2 1,960 (1) (482) (1) 13,200 87 35 1,930 15,985
Net income (loss) (2,058) (1,098)         (1,098)           (1,119) (7) (4) (130) 300
Other comprehensive income (loss) 414 211                 211   215 1 1 25 (39)
Total comprehensive income (loss) (1,644) (887)         (1,098)       211   (904) (6) (3) (105) 261
Distributions (2,167) (583)         (583)           (587) (4) 2 (68) (923)
Preferred distributions (42) (20)         (20)           (20)     (2)  
Issuances / repurchases of equity interests in operating subsidiaries 441 (231)   279 (857)   (352)   1,012   (34)   198   5 (174) 364
Exchange of exchangeable units 0 3     2       1   0   1 (4)      
Conversion of Class A shares of Brookfield Properties Retail Holding LLC 0 337     160       177             (337)  
Change in relative interests of non-controlling interests 0 (184)             (140)   (44)   361   17 (194)  
Ending balance at Dec. 31, 2020 41,523 11,709 4 699 8,562 4 486 2 3,010 (1) (349) (1) 12,249 73 52 1,050 15,687
Net income (loss) 3,499 530         530           716 2 3 25 2,223
Other comprehensive income (loss) 1,004 116                 116   200   1 1 686
Total comprehensive income (loss) 4,503 646         530       116   916 2 4 26 2,909
Distributions (4,173) (358)         (358)           (504) (1) (2) (13) (3,295)
Preferred distributions (44) (19)         (19)           (24)     (1)  
Issuances / repurchases of equity interests in operating subsidiaries 3,688 23     2   17   4       1,630     (30) 2,065
Privatization of the Partnership (491) (3,454)     (2,872)   (199)   (483)   100   1,502 (71) 3 (811) 2,340
Exchange of exchangeable units (1) 2     2       1   (1)     (3)      
Conversion of Class A shares of Brookfield Properties Retail Holding LLC 0 241     167       74             (241)  
Change in relative interests of non-controlling interests 0 15             (8)   23   (33)   (2) 20  
Ending balance at Dec. 31, 2021 $ 45,005 $ 8,805 $ 4 $ 699 $ 5,861 $ 4 $ 457 $ 2 $ 2,598 $ (1) $ (111) $ (1) $ 15,736 $ 0 $ 55 $ 0 $ 19,706