SUPPLEMENTAL CASH FLOW INFORMATION

12 Months Ended

Dec. 31, 2023

Cash Flow Statement [Abstract]

SUPPLEMENTAL CASH FLOW INFORMATION

SUPPLEMENTAL CASH FLOW INFORMATION

	Year ended December 31
(US$ MILLIONS)	2023		2022		2021
Net interest paid (received)	$	1,024	$	677	$	324
Net income taxes paid (received)	162		52		87

Amounts paid and received for interest were reflected as operating cash flows in the consolidated statements of cash flow.

Total cash outflows across the company’s lease contracts for the year ended December 31, 2023 were $160 million (2022: $146 million).

Details of “Changes in non-cash working capital, net” on the consolidated statements of cash flow are as follows:

	Year ended December 31
(US$ MILLIONS)	2023		2022		2021
Accounts receivable	$	(142)	$	208	$	(81)
Inventory	(86)		(67)		114
Prepayments and other	(204)		(12)		20
Accounts payable and other	102		(692)		(166)
Changes in non-cash working capital, net	$	(330)	$	(563)	$	(113)

The following table presents the change in the balance of non-recourse borrowings in subsidiaries of the company arising from financing activities as at December 31, 2023 and 2022:

(US$ MILLIONS)	2023		2022
Balance at beginning of year	$	12,913	$	5,246
Cash flows	(475)		7,629
Non-cash changes:
Acquisitions / (dispositions) of subsidiaries	(3,722)		99
Foreign currency translation	156		22
Other changes	(49)		(83)
Balance at end of year	$	8,823	$	12,913