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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Limited partners
Redemption- exchange units
Special limited partner units
Capital
Limited partners
Retained earnings
Limited partners
Ownership changes
Limited partners
Accumulated other comprehensive income (loss)
Limited partners
[1]
Preferred securities
BBUC exchangeable shares
Interest of others in operating subsidiaries
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 and capital paid (1,290) [2] (10) [2] (8) [2]     (10) [2]     (44) (9) [2] (1,219) [2]
Ownership changes [3] 214 27 21     (11) 38     25 141
Ending balance at Jun. 30, 2023 18,892 1,456 1,360 0 2,114 85 (622) (121) 1,490 1,424 13,162
Beginning balance at Dec. 31, 2023 18,532 1,909 1,792 0 2,109 549 (619) (130) 740 1,875 12,216
Net income (loss) 268 10 9     10     26 9 214
Other comprehensive income (loss) (385) (41) (39)         (41)   (41) (264)
Comprehensive income (loss) (117) (31) (30)     10   (41) 26 (32) (50)
Contributions 124                   124
Distributions and capital paid [2] (335) (10) (8)     (10)     (26) (9) (282)
Ownership changes 0   (2)               2
Ending balance at Jun. 30, 2024 $ 18,204 $ 1,868 $ 1,752 $ 0 $ 2,109 $ 549 $ (619) $ (171) $ 740 $ 1,834 $ 12,010
[1] See Note 20 for additional information.
[2] See Note 19 for additional information on distributions.
[3] Includes gains or losses on changes in ownership interests of consolidated subsidiaries.