v3.26.1
OTHER NON-CURRENT ASSETS
 6 Months Ended
Jun. 30, 2026
Subclassifications of assets, liabilities and equities [abstract]  
OTHER NON-CURRENT ASSETS OTHER NON-CURRENT ASSETS
The components of other non-current assets are as follows:
(US$ Millions)Jun. 30, 2026Dec. 31, 2025
Securities - FVTPL$2,795 $2,815 
Derivative assets51 68 
Securities - FVTOCI178 230 
Other marketable securities30 29 
Restricted cash150 182 
Inventory577 937 
Accounts receivable86 90 
Other107 161 
Total other non-current assets $3,974 $4,512 

Securities - FVTPL
Securities - FVTPL primarily consists of the partnership’s investment in the BSREP III fund, with a carrying value of the financial asset at June 30, 2026 of $855 million (December 31, 2025 - $949 million). See Note 29, Related Parties for further information on the partial sale of BSREP III. It also includes the partnership’s investment in a portfolio of U.S. retail brands with a carrying value of the financial asset at June 30, 2026 of $551 million (December 31, 2025 - $551 million).