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Condensed Consolidated Income Statements - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Profit or loss [abstract]        
Commercial property revenue $ 1,185 $ 1,284 $ 2,440 $ 2,569
Hospitality revenue 400 196 713 255
Investment and other revenue 158 180 644 286
Total revenue 1,743 1,660 3,797 3,110
Direct commercial property expense 452 492 922 998
Direct hospitality expense 277 170 565 291
Investment and other expense 32 23 271 31
Interest expense 623 710 1,223 1,322
General and administrative expense 234 243 466 456
Total expenses 1,618 1,638 3,447 3,098
Fair value gains, net 23 498 1,293 1,138
Share of net earnings from equity accounted investments 419 253 799 459
Income before income taxes 567 773 2,442 1,609
Income tax expense 47 87 230 192
Net income 520 686 2,212 1,417
Net income attributable to:        
Limited partners 144 148 395 274
General partner 0 0 0 0
Non-controlling interests attributable to:        
Redeemable/exchangeable and special limited partnership units 256 156 705 284
Limited partnership units of Brookfield Office Properties Exchange LP 0 1 0 2
FV LTIP units of the Operating Partnership 0 1 2 1
Class A shares of Brookfield Property Retail Holding LLC 0 13 0 24
Interests of others in operating subsidiaries and properties 120 367 1,110 832
Net income $ 520 $ 686 $ 2,212 $ 1,417