v3.26.1
CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Consolidated Statment of Income (Loss) [line items]        
Revenues $ 1,710 $ 1,692 $ 3,224 $ 3,272
Other income 246 62 384 232
Direct operating costs [1] (783) (699) (1,562) (1,374)
Management service costs (77) (56) (150) (105)
Interest expense (658) (624) (1,297) (1,233)
Share of earnings (losses) from equity-accounted investments 45 (57) 66 (73)
Foreign exchange and financial instruments gain 4 255 224 504
Depreciation (558) (609) (1,106) (1,192)
Other (221) (61) (405) (322)
Income tax recovery        
Current 46 16 34 57
Deferred (41) 181 6 226
Income tax recovery 5 197 40 283
Net (loss) income (287) 100 (582) (8)
Net (loss) income attributable to:        
Preferred limited partners' equity 8 9 15 17
Limited partners' equity (112) (63) (234) (164)
Net (loss) income $ (287) $ 100 $ (582) $ (8)
Basic loss per LP Unit (in dollars per share) $ (0.37) $ (0.22) $ (0.77) $ (0.58)
Diluted loss per LP Unit (in dollars per share) $ (0.37) $ (0.22) $ (0.77) $ (0.58)
Non-controlling interests        
Consolidated Statment of Income (Loss) [line items]        
Revenues $ 913 $ 987 $ 1,735 $ 1,932
Other income (20) (3) (155) 12
Direct operating costs (438) (442) (884) (843)
Interest expense (403) (410) (789) (825)
Income tax recovery        
Current 78 22 70 78
Participating non-controlling interests – in operating subsidiaries        
Income tax recovery        
Net (loss) income (100) 186 (191) 250
Net (loss) income attributable to:        
Non-controlling interests (100) 186 (191) 250
Net (loss) income (100) 186 (191) 250
General partnership interest in a holding subsidiary held by Brookfield        
Income tax recovery        
Net (loss) income 40 35 81 70
Net (loss) income attributable to:        
Non-controlling interests 40 35 81 70
Net (loss) income 40 35 81 70
Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield        
Income tax recovery        
Net (loss) income (72) (44) (149) (112)
Net (loss) income attributable to:        
Non-controlling interests (72) (44) (149) (112)
Net (loss) income (72) (44) (149) (112)
BEPC exchangeable shares and class A.2 exchangeable shares        
Net (loss) income attributable to:        
Non-controlling interests (69) (40) (140) (103)
Preferred equity        
Income tax recovery        
Net (loss) income 8 7 16 14
Net (loss) income attributable to:        
Non-controlling interests 8 7 16 14
Net (loss) income 8 7 16 14
Perpetual subordinated notes        
Income tax recovery        
Net (loss) income 10 10 20 20
Net (loss) income attributable to:        
Non-controlling interests 10 10 20 20
Net (loss) income $ 10 $ 10 $ 20 $ 20
[1] Direct operating costs exclude depreciation expense disclosed below.