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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Statement of comprehensive income [abstract]        
Net income (loss) $ 65 $ 41 $ 268 $ 244
Items that may be reclassified subsequently to profit or loss:        
Fair value through other comprehensive income 40 (10) 31 56
Insurance finance reserve (10) (4) (5) 0
Foreign currency translation (258) 142 (612) 238
Net investment and cash flow hedges 211 79 386 (52)
Equity accounted investments (5) (1) (8) (1)
Taxes on the above items (25) (19) (44) (12)
Reclassification to profit or loss (82) (13) (139) (26)
Other comprehensive income that will be reclassified to profit or loss, net of tax (129) 174 (391) 203
Items that will not be reclassified subsequently to profit or loss:        
Revaluation of pension obligations (1) 0 (3) 0
Fair value through other comprehensive income 2 37 9 91
Taxes on the above items 2 1 0 (1)
Other components of other comprehensive income that will not be reclassified to profit or loss, net of tax 3 38 6 90
Total other comprehensive income (126) 212 (385) 293
Comprehensive income (loss) (61) 253 (117) 537
Attributable to:        
Limited partners (14) (1) (31) 31
Non-controlling interests attributable to:        
Redemption-exchange units (14) (2) (30) 29
Special limited partner 0 0 0 0
BBUC exchangeable shares (15) (2) (32) 30
Preferred securities 13 22 26 44
Interest of others in operating subsidiaries $ (31) $ 236 $ (50) $ 403