XML 79 R43.htm IDEA: XBRL DOCUMENT v3.24.1
HELD FOR SALE (Tables)
 12 Months Ended
Dec. 31, 2023
Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]  
Schedule of assets and liabilities classified as held-for-sale
The following is a summary of the assets and liabilities classified as held for sale as at December 31, 2023 and 2022:
AS AT DEC. 31
(MILLIONS)
Real Estate (Core and Transitional & Development)1
Real Estate (LP Investments) 1
Private Equity
2023 Total
2022 Total
Assets
Cash and cash equivalents$2 $9 $— $11 $46 
Accounts receivable and other48 31 — 79 154 
Equity accounted investments— 132 — 132 407 
Investment properties1,376 765 — 2,141 388 
Property, plant and equipment— 11 101 112 1,027 
Intangible assets— — 10 10 712 
Goodwill— — — — 32 
Other long-term assets— — — — 61 
Deferred income tax assets— — 4 4 3 
Assets classified as held for sale$1,426 $948 $115 $2,489 $2,830 
Liabilities
Accounts payable and other$57 $38 $17 $112 $304 
Non-recourse borrowings of managed entities— — 4 4 569 
Deferred income tax liabilities— — 2 2 3 
Liabilities associated with assets classified as held for sale$57 $38 $23 $118 $876 
1.Real Estate core and transitional and development investments are included in our Real Estate segment. Real estate LP investments are included within our Asset Management segment as we include the discretionary capital that we invest directly into and alongside private funds managed by BAM and other investments within this segment.
As at December 31, 2023, assets held for sale primarily relate to five office assets, four malls, two hotels, and one logistics asset, all in the U.S.