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RELATED PARTY TRANSACTIONS (Tables)
6 Months Ended
Jun. 30, 2024
Related Party [Abstract]  
Disclosure of transactions between related parties
Inclusive of those described above, the following table summarizes the transactions the partnership has entered into with related parties for the three and six month periods ended June 30, 2024 and 2023:
Three Months Ended
June 30,
Six Months Ended
June 30,
(US$ MILLIONS)2024202320242023
Transactions during the period
Business services revenues (1)
$74 $15 $110 $73 
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(1) Within the business services segment, the partnership provides construction services and fuel products to affiliates of Brookfield.
Inclusive of those described above, the following table summarizes balances with related parties as at June 30, 2024 and December 31, 2023:
(US$ MILLIONS)June 30, 2024December 31, 2023
Balances at end of period
Accounts and other receivable, net$447 $182 
Accounts payable and other (1)
341 346 
Non-recourse borrowings in subsidiaries of the partnership150 146 
Interest of others in operating subsidiaries4 
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(1)Includes $258 million related to a tax receivable agreement payable to related parties by the partnership’s advanced energy storage operation (December 31, 2023: $245 million)