FINANCIAL ASSETS (Tables)

6 Months Ended

Jun. 30, 2019

Financial Instruments [Abstract]

Disclosure of financial assets

The following table provides the allocation of financial instruments and their associated financial instrument classifications as at December 31, 2018:

(US$ MILLIONS)
MEASUREMENT BASIS	Fair Value through Profit and Loss		Fair Value through Other Comprehensive Income		Amortized Cost		Total
Financial assets
Cash and cash equivalents	$	—	$	—	$	1,949	$	1,949
Accounts and other receivable, net (current and non-current) (1)	67		—		5,093		5,160
Other assets (current and non-current) (2)	—		—		563		563
Financial assets (current and non-current) (3)	413		376		580		1,369
Total	$	480	$	376	$	8,185	$	9,041
Financial liabilities
Accounts payable and other (4)	$	311	$	48	$	4,679	$	5,038
Borrowings (current and non-current)	—		—		10,866		10,866
Total	$	311	$	48	$	15,545	$	15,904

____________________________________

⁽¹⁾  Accounts receivable recognized at fair value relates to our mining business.

⁽²⁾  Excludes prepayments and other assets of $950 million.

⁽³⁾  Refer to Hedging Activities in Note 4(a) below.

⁽⁴⁾  Excludes provisions, decommissioning liabilities, deferred revenue, work in progress, post-employment benefits and various taxes and duties of $4,044 million.

The following table provides the details of financial instruments and their associated financial instrument classifications as at June 30, 2019:

(US$ MILLIONS)
MEASUREMENT BASIS	Fair Value through Profit and Loss		Fair Value through Other Comprehensive Income		Amortized Cost		Total
Financial assets
Cash and cash equivalents	$	—	$	—	$	2,940	$	2,940
Accounts and other receivable, net (current and non-current) (1)	62		—		5,826		5,888
Other assets (current and non-current) (2)	—		—		584		584
Financial assets (current and non-current) (3)	377		302		520		1,199
Total	$	439	$	302	$	9,870	$	10,611
Financial liabilities
Accounts payable and other (4)	$	384	$	130	$	10,418	$	10,932
Borrowings (current and non-current)	—		—		22,516		22,516
Total	$	384	$	130	$	32,934	$	33,448

____________________________________

⁽¹⁾  Accounts receivable recognized at fair value relates to our mining business.

⁽²⁾  Excludes prepayments and other assets of $1,184 million.

⁽³⁾  Refer to Hedging Activities in Note 4(a) below.

⁽⁴⁾  Excludes provisions, decommissioning liabilities, deferred revenue, work in progress, post-employment benefits and various taxes and duties of $3,498 million.

(US$ MILLIONS)	June 30, 2019		December 31, 2018
Current
Marketable securities	$	256	$	265
Restricted cash	170		376
Derivative contracts	108		223
Loans and notes receivable	31		22
Total current	$	565	$	886
Non-current
Marketable securities (1)	$	—	$	1
Restricted cash	198		32
Derivative contracts	27		20
Loans and notes receivable	122		150
Other financial assets (1)	287		280
Total non-current	$	634	$	483

____________________________________

⁽¹⁾  Other financial assets include secured debentures to homebuilding companies in our business services segment.

(US$ MILLIONS)	June 30, 2019		December 31, 2018
Current, net	$	5,004	$	4,307
Non-current, net
Accounts receivable	139		37
Retainer on customer contract	103		103
Billing rights	642		713
Total Non-current, net	$	884	$	853
Total	$	5,888	$	5,160