ACCOUNTS PAYABLE AND OTHER (Tables)

12 Months Ended

Dec. 31, 2021

Subclassifications of assets, liabilities and equities [abstract]

Disclosure of accounts payable and other

(US$ MILLIONS)	2021		2020
Current:
Accounts payable	$	1,360	$	1,403
Accrued and other liabilities (1)	410		409
Lease liabilities	68		66
Financial liabilities (2)	126		400
Work in progress (3)	1,397		1,539
Provisions and decommissioning liabilities (4)	355		335
Total current	$	3,716	$	4,152
Non-current:
Accounts payable	$	84	$	79
Accrued and other liabilities (1)	520		750
Lease liabilities	401		440
Financial liabilities (2)	1,787		2,043
Work in progress (3)	1		23
Provisions and decommissioning liabilities (4)	682		761
Total non-current	$	3,475	$	4,096

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(1)Includes post-employment benefits of $446 million ($14 million current and $432 million non-current) as at December 31, 2021 and $674 million ($16 million current and $658 million non-current) as at December 31, 2020. See Note 28 for additional information.

(2)Includes financial liabilities of $1,732 million ($66 million current and $1,666 million non-current) as at December 31, 2021 (2020: $1,847 million) related to the sale and leaseback of hospitals.

(3)See Note 15 for additional information.

(4)Decommissioning liabilities result primarily from the nuclear technology services operations of the company. The liability represents the estimated cost to reclaim and abandon the asset and takes into account the estimated timing of the cost to be incurred in future periods. The liability was determined using a risk rate of 1.9% (2020: 1.7%) and an inflation rate of 3.0% (2020: 3.0%).

Disclosure of other provisions

The following table presents the change in the provision balances for the company:

(US$ MILLIONS)	Decommissioning liability		Warranties and provisions for defects		Other		Total provisions
Balance at January 1, 2020	$	323	$	104	$	527	$	954
Additional provisions recognized	—		19		148		167
Reduction arising from payments/derecognition	(3)		(16)		(155)		(174)
Accretion expenses	8		—		—		8
Change in discount rate	91		—		—		91
Change in other estimates	5		12		—		17
Transfers to held for sale	—		—		(9)		(9)
Net foreign currency exchange differences	3		4		35		42
Balance at December 31, 2020	$	427	$	123	$	546	$	1,096
Additional provisions recognized	—		39		151		190
Reduction arising from payments/derecognition	(8)		(35)		(137)		(180)
Accretion expenses	9		—		—		9
Change in discount rate	(30)		—		(7)		(37)
Change in other estimates	(10)		(14)		18		(6)
Net foreign currency exchange differences	(3)		(4)		(28)		(35)
Balance at December 31, 2021	$	385	$	109	$	543	$	1,037