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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of comprehensive income [abstract]      
Net income (loss) $ 387 $ 895 $ 3,777
Items that may be reclassified subsequently to profit or loss:      
Fair value through other comprehensive income 45 128 159
Insurance finance reserve (19) (30) (38)
Foreign currency translation 860 (1,214) 329
Net investment and cash flow hedges (268) 484 (92)
Equity accounted investments 12 (13) 1
Taxes on the above items 30 (47) 20
Reclassification to profit or loss (68) (282) (212)
Other comprehensive income that will be reclassified to profit or loss, net of tax 592 (974) 167
Items that will not be reclassified subsequently to profit or loss:      
Revaluation of pension obligations 32 34 23
Fair value through other comprehensive income 222 17 112
Taxes on the above items (13) (9) (14)
Other comprehensive income that will not be reclassified to profit or loss, net of tax 241 42 121
Total other comprehensive income (loss) 833 (932) 288
Total comprehensive income (loss) 1,220 (37) 4,065
Attributable to:      
Limited partners 163 (133) 498
Non-controlling interests attributable to:      
Redemption-exchange units 105 (126) 466
Special limited partner 95 0 0
BBUC exchangeable shares 135 (132) 487
Preferred securities 52 52 83
Interest of others in operating subsidiaries $ 670 $ 302 $ 2,531