GOODWILL (Tables)

6 Months Ended

Jun. 30, 2024

Intangible Assets [Abstract]

Disclosure of reconciliation of changes in Goodwill

The following table presents the change in the balance of intangible assets for the six-month period ended June 30, 2024 and twelve-month period ended December 31, 2023:

(US$ MILLIONS)	June 30, 2024		December 31, 2023
Gross carrying amount
Balance at beginning of period	$	25,242	$	27,568
Additions	182		588
Acquisitions through business combinations	11		74
Dispositions	(12)		(3,485)
Foreign currency translation	(703)		497
Balance at end of period	$	24,720	$	25,242
Accumulated amortization and impairment
Balance at beginning of period	$	(4,396)	$	(3,615)
Amortization and impairment expense	(793)		(1,730)
Dispositions	8		1,038
Foreign currency translation	135		(89)
Balance at end of period	$	(5,046)	$	(4,396)
Net book value	$	19,674	$	20,846

The following table presents the change in the balance of goodwill for the six-month period ended June 30, 2024 and the twelve-month period ended December 31, 2023:

(US$ MILLIONS)	June 30, 2024		December 31, 2023
Balance at beginning of period	$	14,129	$	15,479
Acquisitions through business combinations (1)	46		189
Impairment	—		(605)
Dispositions	(5)		(1,091)
Foreign currency translation	(260)		157
Balance at end of period	$	13,910	$	14,129

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(1)See Note 3 for additional information.