v3.26.1
SEGMENT INFORMATION - Reconciliation of FFO (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating Segments [Abstract]        
FFO $ (85) $ (144) $ (216) $ (257)
Depreciation and amortization of real estate assets (84) (49) (139) (97)
Fair value gains (losses), net 56 47 123 (63)
Share of equity accounted earnings - non-FFO 193 72 331 169
Income tax expense (59) (30) (165) (19)
Non-controlling interests of others in operating subsidiaries and properties – non-FFO (84) (211) (172) (267)
Net (losses) attributable to unitholders (63) (315) (238) (534)
Non-controlling interests of others in operating subsidiaries and properties 125 269 255 359
Net income (loss) $ 62 $ (46) $ 17 $ (175)