v3.26.1
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS - Schedule of Assets And Liabilities Measured And Disclosed At Fair Value (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Mar. 31, 2026
Dec. 31, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Assets measured at fair value:            
Cash and cash equivalents $ 1,971 $ 2,124 $ 2,093 $ 1,907 $ 1,955 $ 3,135
Restricted cash 410   368      
Property, plant and equipment 69,616   70,456      
Liabilities measured at fair value:            
Contingent consideration (83)   (96)      
Liabilities for which fair value is disclosed:            
Total 36,756   39,538      
Financial assets at amortised cost, category | Debt securities            
Liabilities for which fair value is disclosed:            
Financial assets, at amortized cost 375   341      
Corporate borrowings            
Liabilities for which fair value is disclosed:            
Liabilities for which fair value is disclosed (4,873)   (3,686)      
Non-recourse borrowing            
Liabilities for which fair value is disclosed:            
Non Recourse Borrowings (32,549)   (31,540)      
IFRS 9 PPAs            
Assets measured at fair value:            
Financial instrument assets 364   452      
Liabilities measured at fair value:            
Financial instrument liabilities (1,029)   (788)      
Energy derivative contracts            
Assets measured at fair value:            
Financial instrument assets 76   111      
Liabilities measured at fair value:            
Financial instrument liabilities (104)   (154)      
Interest rate swaps            
Assets measured at fair value:            
Financial instrument assets 225   267      
Liabilities measured at fair value:            
Financial instrument liabilities (75)   (131)      
Foreign exchange swaps            
Assets measured at fair value:            
Financial instrument assets 95   37      
Liabilities measured at fair value:            
Financial instrument liabilities (722)   (427)      
Tax equity            
Assets measured at fair value:            
Financial instrument assets 277   120      
Liabilities measured at fair value:            
Financial instrument liabilities (1,054)   (968)      
Investments in debt and equity securities            
Assets measured at fair value:            
Financial instrument assets 4,211   $ 3,424      
Level 1            
Assets measured at fair value:            
Cash and cash equivalents 1,971          
Restricted cash 410          
Property, plant and equipment 0          
Liabilities measured at fair value:            
Contingent consideration 0          
Liabilities for which fair value is disclosed:            
Total (3,007)          
Level 1 | Corporate borrowings            
Liabilities for which fair value is disclosed:            
Liabilities for which fair value is disclosed (3,719)          
Level 1 | Non-recourse borrowing            
Liabilities for which fair value is disclosed:            
Non Recourse Borrowings (1,669)          
Level 1 | IFRS 9 PPAs            
Assets measured at fair value:            
Financial instrument assets 0          
Liabilities measured at fair value:            
Financial instrument liabilities 0          
Level 1 | Energy derivative contracts            
Assets measured at fair value:            
Financial instrument assets 0          
Liabilities measured at fair value:            
Financial instrument liabilities 0          
Level 1 | Interest rate swaps            
Assets measured at fair value:            
Financial instrument assets 0          
Liabilities measured at fair value:            
Financial instrument liabilities 0          
Level 1 | Foreign exchange swaps            
Assets measured at fair value:            
Financial instrument assets 0          
Liabilities measured at fair value:            
Financial instrument liabilities 0          
Level 1 | Tax equity            
Assets measured at fair value:            
Financial instrument assets 0          
Liabilities measured at fair value:            
Financial instrument liabilities 0          
Level 1 | Investments in debt and equity securities            
Assets measured at fair value:            
Financial instrument assets 0          
Level 2            
Assets measured at fair value:            
Cash and cash equivalents 0          
Restricted cash 0          
Property, plant and equipment 0          
Liabilities measured at fair value:            
Contingent consideration 0          
Liabilities for which fair value is disclosed:            
Total (32,513)          
Level 2 | Corporate borrowings            
Liabilities for which fair value is disclosed:            
Liabilities for which fair value is disclosed (1,154)          
Level 2 | Non-recourse borrowing            
Liabilities for which fair value is disclosed:            
Non Recourse Borrowings (30,880)          
Level 2 | IFRS 9 PPAs            
Assets measured at fair value:            
Financial instrument assets 0          
Liabilities measured at fair value:            
Financial instrument liabilities (20)          
Level 2 | Energy derivative contracts            
Assets measured at fair value:            
Financial instrument assets 76          
Liabilities measured at fair value:            
Financial instrument liabilities (104)          
Level 2 | Interest rate swaps            
Assets measured at fair value:            
Financial instrument assets 225          
Liabilities measured at fair value:            
Financial instrument liabilities (75)          
Level 2 | Foreign exchange swaps            
Assets measured at fair value:            
Financial instrument assets 95          
Liabilities measured at fair value:            
Financial instrument liabilities (722)          
Level 2 | Tax equity            
Assets measured at fair value:            
Financial instrument assets 0          
Liabilities measured at fair value:            
Financial instrument liabilities 0          
Level 2 | Investments in debt and equity securities            
Assets measured at fair value:            
Financial instrument assets 46          
Level 3            
Assets measured at fair value:            
Cash and cash equivalents 0          
Restricted cash 0          
Property, plant and equipment 69,616          
Liabilities measured at fair value:            
Contingent consideration (83)          
Liabilities for which fair value is disclosed:            
Total 72,276          
Level 3 | Corporate borrowings            
Liabilities for which fair value is disclosed:            
Liabilities for which fair value is disclosed 0          
Level 3 | Non-recourse borrowing            
Liabilities for which fair value is disclosed:            
Non Recourse Borrowings 0          
Level 3 | IFRS 9 PPAs            
Assets measured at fair value:            
Financial instrument assets 364          
Liabilities measured at fair value:            
Financial instrument liabilities (1,009)          
Level 3 | Energy derivative contracts            
Assets measured at fair value:            
Financial instrument assets 0          
Liabilities measured at fair value:            
Financial instrument liabilities 0          
Level 3 | Interest rate swaps            
Assets measured at fair value:            
Financial instrument assets 0          
Liabilities measured at fair value:            
Financial instrument liabilities 0          
Level 3 | Foreign exchange swaps            
Assets measured at fair value:            
Financial instrument assets 0          
Liabilities measured at fair value:            
Financial instrument liabilities 0          
Level 3 | Tax equity            
Assets measured at fair value:            
Financial instrument assets 277          
Liabilities measured at fair value:            
Financial instrument liabilities (1,054)          
Level 3 | Investments in debt and equity securities            
Assets measured at fair value:            
Financial instrument assets $ 4,165