CONTRACTUAL COMMITMENTS (Tables)

12 Months Ended

Dec. 31, 2021

Contractual Commitments [Abstract]

Disclosure of maturity analysis for lease liabilities

As at December 31, 2021 and 2020, the undiscounted maturity analysis for the company’s lease obligations is as follows:

	2021
(US$ MILLIONS)	1 Year		2-5 Years		5+ Years		Total
Lease liabilities	$	71	$	192	$	540	$	803
Total lease liabilities	$	71	$	192	$	540	$	803

	2020
(US$ MILLIONS)	1 Year		2-5 Years		5+ Years		Total
Lease liabilities	$	78	$	209	$	428	$	715
Total lease liabilities	$	78	$	209	$	428	$	715

The following table presents the undiscounted contractual earnings receivable of the company’s leases by expected period of receipt for the year ended December 31, 2021 and 2020:

(US$ MILLIONS)	1 Year		2-5 Years		5+ Years		Total
Total - December 31, 2021	$	6	$	17	$	10	$	33
Total - December 31, 2020	$	5	$	15	$	12	$	32