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Condensed Consolidated Statements of Changes in Equity - USD ($)
$ in Millions
Total
Total preferred equity
Limited partnership units
Limited partnership units
Capital
Limited partnership units
Retained earnings
Limited partnership units
Ownership Changes
Limited partnership units
Accumulated other comprehensive (loss) income
General partnership units
General partnership units
Capital
General partnership units
Retained earnings
General partnership units
Ownership Changes
General partnership units
Accumulated other comprehensive (loss) income
Redeemable/Exchangeable 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
BPYU Units
Non-controlling interests
Interests of others in operating subsidiaries and properties
Non-controlling interests
Beginning balance at Dec. 31, 2020 $ 41,523 $ 699 $ 11,709 $ 8,562 $ 486 $ 3,010 $ (349) $ 4 $ 4 $ 2 $ (1) $ (1) $ 12,249 $ 73 $ 52 $ 1,050 $ 15,687
Net income 1,417   274   274               284 2 1 24 832
Other comprehensive loss 45   69       69           71 0 0 6 (101)
Total comprehensive income 1,462   343   274   69           355 2 1 30 731
Distributions (1,862)   (145)   (145)               (152) (1) (1) (13) (1,550)
Preferred distributions (23)   (11)   (11)               (11)     (1)  
Issuance / repurchase of interests in operating subsidiaries 1,129   11 4 (7) 14             11   1 (17) 1,123
Exchange of exchangeable units (1)   2 2   1 (1)             (3)      
Conversion of Class A shares of Brookfield Property REIT Inc. 0   150 104   46                   (150)  
Change in relative interests of non-controlling interests 1   7     10 (3)           (5)   (3) 2  
Ending balance at Jun. 30, 2021 42,229 699 12,066 8,672 597 3,081 (284) 4 4 2 (1) (1) 12,447 71 50 901 15,991
Beginning balance at Dec. 31, 2021 45,005 699 8,805 5,861 457 2,598 (111) 4 4 2 (1) (1) 15,736 0 55 0 19,706
Net income 2,212   395   395               705 0 2   1,110
Other comprehensive loss (395)   (95)       (95)           (170)   (1)   (129)
Total comprehensive income 1,817   300   395   (95)           535 0 1   981
Distributions (2,920)   (209)   (209)               (374) 0 (1)   (2,336)
Preferred distributions (22)   (8)   (8)               (14)        
Issuance / repurchase of interests in operating subsidiaries (371)   (23)   (26) 3             (38)   8   (318)
Change in relative interests of non-controlling interests 0   6     6             7   (13)    
Ending balance at Jun. 30, 2022 $ 43,509 $ 699 $ 8,871 $ 5,861 $ 609 $ 2,607 $ (206) $ 4 $ 4 $ 2 $ (1) $ (1) $ 15,852 $ 0 $ 50 $ 0 $ 18,033