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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
[1]
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Limited partners
Limited partners
Cumulative Effect, Period of Adoption, Adjustment
[1]
Limited partners
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Redemption- exchange units
Redemption- exchange units
Cumulative Effect, Period of Adoption, Adjustment
[1]
Redemption- exchange units
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Special limited partner units
Special limited partner units
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Capital
Limited partners
Capital
Limited partners
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Retained earnings
Limited partners
Retained earnings
Limited partners
Cumulative Effect, Period of Adoption, Adjustment
[1]
Retained earnings
Limited partners
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Ownership changes
Limited partners
Ownership changes
Limited partners
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Accumulated other comprehensive income (loss)
Limited partners
Accumulated other comprehensive income (loss)
Limited partners
Cumulative Effect, Period of Adoption, Adjustment
[1]
Accumulated other comprehensive income (loss)
Limited partners
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Preferred securities
Preferred securities
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
BBUC exchangeable shares
BBUC exchangeable shares
Cumulative Effect, Period of Adoption, Adjustment
[1]
BBUC exchangeable shares
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Interest of others in operating subsidiaries
Interest of others in operating subsidiaries
Cumulative Effect, Period of Adoption, Adjustment
[1]
Interest of others in operating subsidiaries
Cumulative Effect, Period of Adoption, Adjusted Balance
[1]
Beginning balance at Dec. 31, 2021 $ 13,000 $ 17 $ 13,017 $ 2,252 $ 2 $ 2,254 $ 2,011 $ 2 $ 2,013   $ 0 $ 2,192 $ 2,192 $ 63 $ 1 $ 64 $ 150 $ 150 $ (153) $ 1 $ (152) $ 15 $ 15 $ 0 $ 1 $ 1 $ 8,722 $ 12 $ 8,734
Net income (loss) 270 [2]     55     51             55                   47     117    
Other comprehensive income (loss) (532)     (64)     (59)                       (64)         (73)     (336)    
Comprehensive income (loss) (262)     (9)     (8)     $ 0       55         (64)         (26)     (219)    
Contributions 865                                                   865    
Distributions [3] (1,474)     (9)     (9)             (9)                   (5)     (1,451)    
Ownership changes [4] 121     (2)     10             11     (17)   4         (1)     114    
Unit repurchases [3] (78)     (78)               (78)                                  
Issuance of BBUC exchangeable shares [5] 0     (739)     (680)                   (786)   47         1,419          
Acquisition of interest [6] 1,850                                                   1,850    
Ending balance at Jun. 30, 2022 [1] 14,039     1,417     1,326     0   2,114   121     (653)   (165)     15   1,388     9,893    
Beginning balance at Dec. 31, 2022 18,429     1,408     1,318     0   2,114   97     (660)   (143)     1,490   1,378     12,835    
Net income (loss) 244     9     8             9               44   9     174    
Other comprehensive income (loss) 293     22     21                       22         21     229    
Comprehensive income (loss) 537     31     29             9         22     44   30     403    
Contributions 1,002                                                   1,002    
Distributions [3] (1,290)     (10)     (8)             (10)               (44)   (9)     (1,219)    
Ownership changes 214 [4]     27 [4]     21 [4]             (11) [4]     38 [4]   0         25 [4]     141 [4]    
Ending balance at Jun. 30, 2023 $ 18,892     $ 1,456     $ 1,360     $ 0   $ 2,114   $ 85     $ (622)   $ (121)     $ 1,490   $ 1,424     $ 13,162    
[1] As adjusted to reflect the adoption of IFRS 17. See Note 2(b) for further details.
[2] As adjusted to reflect the adoption of IFRS 17. See Note 2(b) for further details.
[3] See Note 19 for additional information on distributions and Unit repurchases.
[4] Includes gains or losses on changes in ownership interests of consolidated subsidiaries.
[5] See Note 2 and Note 19 for additional information on BBUC exchangeable shares.
[6] See Note 3 for additional information