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RELATED PARTY TRANSACTIONS (Tables)
 12 Months Ended
Dec. 31, 2025
Related party transactions [abstract]  
Schedule of Disclosure of transactions between related parties
The following table summarizes revenues the partnership has earned from transactions with related parties for the years ended December 31, 2025, 2024 and 2023:
Year ended December 31,
(US$ MILLIONS)
Related Parties
2025
2024
2023
Revenues
Brookfield Corporation (1)
$
170 
$
236 
$
116 
Equity accounted investments of operating subsidiaries (2)
816 
786 
756 
Associates of operating subsidiaries (3)
285 
235 
219 
Other
53 
63 
51 
$
1,324 
$
1,320 
$
1,142 
____________________________________
(1)Includes revenues earned by the partnership’s construction services from an affiliate of Brookfield Corporation.
(2)Includes revenues earned by the partnership’s advanced energy storage operation from an associate.
(3)The partnership corrected its comparative period disclosure for 2024 and 2023 to include revenue earned by the partnership’s Australian asset manager and lender from an associate.
The following table summarizes balances with related parties as at December 31, 2025 and 2024:
(US$ MILLIONS)
Related Parties
2025
2024
Financial assets
Brookfield Corporation (1)
$
584 
$
— 
Associates of operating subsidiaries
63 
— 
$
647 
$
— 
Accounts and other receivable, net
Brookfield Corporation
$
445 
$
447 
Equity accounted investments of operating subsidiaries
89 
64
Associates of operating subsidiaries (2)
63 
32
Other
58 
10
$
655 
$
553 
Accounts payable and other
Brookfield Corporation (3)
$
330 
$
398 
Other
— 
31 
$
330 
$
429 
Non-recourse borrowings in subsidiaries of the partnership
Brookfield Wealth Solutions
$
84 
$
143 
Associates of operating subsidiaries (2)
348 
280 
$
432 
$
423 
Interest of others in operating subsidiaries
Brookfield Wealth Solutions
$
4 
$
4 
____________________________________
(1)Includes the fair value of units in a new evergreen private equity fund managed by Brookfield Asset Management.
(2)The partnership corrected its comparative period disclosure for 2024 to include balances between the partnership’s Australian asset manager and lender and an associate.
(3)Includes $170 million related to a tax receivable agreement due to an affiliate of Brookfield Corporation by the partnership’s advanced energy storage operation (2024: $268 million).