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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating activities    
Net income $ 12,388 $ 707
Other income and gains (3,099) (785)
Share of undistributed equity accounted (earnings) loss (693) 1,347
Fair value changes (5,151) 1,423
Depreciation and amortization 6,437 5,791
Deferred income taxes 1,210 81
Investments in residential inventory (34) 51
Net change in non-cash working capital balances (3,184) (274)
Cash flows from (used in) operating activities 7,874 8,341
Financing activities    
Corporate borrowings arranged 1,350 2,216
Corporate borrowings repaid (526) (251)
Commercial paper and borrowings, net 912 0
Non-recourse borrowings arranged 80,376 37,594
Non-recourse borrowings repaid (61,923) (33,496)
Non-recourse credit facilities, net 6,222 (1,705)
Subsidiary equity obligations issued 450 231
Subsidiary equity obligations redeemed (1,314) (246)
Deposits From Related Party (806) 0
Deposit From Related Parties Repaid (1,155) 0
Capital provided from non-controlling interests 14,190 16,312
Capital repaid to non-controlling interests (11,722) (3,593)
Repayment of lease liabilities (1,411) (602)
Distributions to non-controlling interests (8,163) (6,493)
Distributions to shareholders (1,486) (867)
Cash flows from (used in) financing activities 16,261 8,698
Acquisitions    
Investment properties (11,286) (5,111)
Property, plant and equipment (6,881) (4,012)
Equity accounted investments (3,708) (3,733)
Financial assets and other (35,058) (25,536)
Acquisition of subsidiaries (14,559) (3,453)
Dispositions    
Investment properties 6,219 2,266
Property, plant and equipment 723 125
Equity accounted investments 1,711 215
Financial assets and other 35,622 22,557
Disposition of subsidiaries 5,952 3,415
Restricted cash and deposits 220 (606)
Cash flows from (used in) investing activities (21,045) (13,873)
Cash and cash equivalents    
Change in cash and cash equivalents 3,090 3,166
Net change in cash classified within assets held for sale (207) 23
Foreign exchange revaluation (122) (34)
Balance, beginning of year 9,933 6,778
Balance, end of year 12,694 9,933
Supplemental Cash Flow Information [Abstract]    
Incomes Taxes Paid Classified As Supplemental Cash Flow Disclosure 1,116 1,101
Interest Paid Classified As Supplemental Cash Flow Disclosure 7,001 6,583
Common shares    
Financing activities    
Common shares issued 23 17
Common shares repurchased $ (368) $ (419)