v3.26.1
RELATED PARTY TRANSACTIONS (Tables)
6 Months Ended
Jun. 30, 2026
Related Party [Abstract]  
Schedule of transactions between related parties
The following table summarizes revenues the Corporation has earned from transactions with related parties for the three and six months ended June 30, 2026 and 2025:
Three Months Ended
June 30,
Six Months Ended
June 30,
(US$ MILLIONS)Related Parties2026202520262025
Revenues
Brookfield Corporation (1)
$48 $33 $86 $77 
Joint ventures of operating subsidiaries (2)
238 187 410 379 
Associates of operating subsidiaries (3)
68 72 146 130 
Other12 17 23 20 
$366 $309 $665 $606 
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(1)Includes revenues earned by the Corporation’s construction services from an affiliate of Brookfield Corporation.
(2)Includes revenues earned by the Corporation’s advanced energy storage operation from an associate.
(3)The Corporation corrected its comparative period disclosure for the three and six months ended June 30, 2025, to include revenue earned by the Corporation’s Australian asset manager and lender from an associate.
The following table summarizes balances with related parties as at June 30, 2026 and December 31, 2025:
(US$ MILLIONS)Related PartiesJune 30, 2026December 31, 2025
Financial assets
Brookfield Corporation (1)
$490 $584 
Associates of operating subsidiaries117 63 
$607 $647 
Accounts and other receivable, net
Brookfield Corporation$442 $445 
Joint ventures of operating subsidiaries 67 89 
Associates of operating subsidiaries 39 63 
Other44 58 
$592 $655 
Accounts payable and other
Brookfield Corporation (2)
$294 $330 
Non-recourse borrowings in subsidiaries of the Corporation
Brookfield Wealth Solutions$79 84 
Associates of operating subsidiaries440 348 
$519 $432 
Interest of others in operating subsidiariesBrookfield Wealth Solutions$4 $
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(1)Includes the fair value of units in an evergreen private equity fund managed by Brookfield Asset Management.
(2)Includes $177 million related to a tax receivable agreement due to an affiliate of Brookfield Corporation by the Corporation’s advanced energy storage operation (December 31, 2025: $170 million).