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EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]      
Net income for the year $ 797 $ 501 $ (112)
Dividends on Class A redeemable junior preferred shares (116) (68) [1] 0
Net income (loss) 681 433 (112)
Non-controlling interests $ 1 $ 2 $ 0
Earnings per share per class C share - basic (in dollars per share) $ 10.51 $ 13.75 $ (4.92)
Weighted average shares - Class C shares (in shares) 64,215,726 30,919,577 19,903,823
Brookfield Corporation      
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]      
Net income (loss) from continuing operations available to common shareholders $ 0 $ 0 $ (17)
Class A exchangeable, Class A-1 exchangeable and Class B shareholders      
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]      
Net income (loss) from continuing operations available to common shareholders 5 6 3
Class C shareholders      
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]      
Net income (loss) from continuing operations available to common shareholders $ 675 $ 425 $ (98)
[1] The Company distributed $0.14 in the form of a return of capital per each Class A exchangeable and Class B share in each quarter of 2022. In addition, the Company completed a special distribution of shares of Brookfield Asset Management Ltd. (the “Manager shares”) to the holders of the Company’s Class A exchangeable and Class B shares in the amount of $5.481 per share in the fourth quarter of 2022.