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SHARE CAPITAL (Tables) | 6 Months Ended
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Jun. 30, 2025
Equity [Abstract] |
Schedule of Share Capital | As of June 30, 2025 and December 31, 2024, the share capital of the Company comprises the following:
AS OF US$ MILLIONS, EXCEPT FOR PAR VALUE AND SHARE AMOUNTS |  | June 30, 2025 |  | December 31, 2024
| Par Value |  | Authorized to Issue |  | Outstanding(1) |  | Carrying Amount |  | Par Value |  | Authorized to Issue |  | Outstanding(1) |  | Carrying Amount
Class A Senior Preferred Shares |  | $ | 25.00 |  |  | 100,000,000 |  | — |  |  | $ | — |  |  | $ | 25.00 |  |  | 100,000,000 |  | — |  |  | $ | — |
Class B Senior Preferred Shares |  | C$ | 25.00 |  |  | 100,000,000 |  | — |  |  | — |  |  | C$ | 25.00 |  |  | 100,000,000 |  | — |  |  | — |
Class A Junior Preferred Shares |  | 25.00 |  |  | 1,000,000,000 |  | — |  |  | — |  |  | 25.00 |  |  | 1,000,000,000 |  | — |  |  | — |
Class B Junior Preferred Shares |  | C$ | 25.00 |  |  | 1,000,000,000 |  | — |  |  | — |  |  | C$ | 25.00 |  |  | 1,000,000,000 |  | — |  |  | — |
Class A Exchangeable Shares |  | 32.92 |  |  | 1,000,000,000 |  | 41,413,496 |  |  | 1,434 |  |  | 33.10 |  |  | 1,000,000,000 |  | 41,436,516 |  |  | 1,441 |
Class A-1 Exchangeable Shares |  | 32.92 |  |  | 500,000,000 |  | — |  |  | — |  |  | 33.10 |  |  | 500,000,000 |  | — |  |  | — |
Class B Shares |  | 32.92 |  |  | 500,000 |  | 24,000 |  |  | 1 |  |  | 33.10 |  |  | 500,000 |  | 24,000 |  |  | 1 |
Class C Shares |  | 1.00 |  |  | 1,000,000,000 |  | 242,786,723 |  |  | 10,736 |  |  | 1.00 |  |  | 1,000,000,000 |  | 201,116,647 |  |  | 8,526 |
__________________________ (1)The number of issued shares is the same as the number of outstanding shares for all share types, except for Class A exchangeable shares. The number of issued Class A exchangeable shares was 43,491,520 as of June 30, 2025, including 2,078,024 shares held in treasury. The number of issued Class A exchangeable shares as of December 31, 2024 was 43,460,516, including 2,000,000 shares held in treasury.
Schedule of Movement of Shares Issued and Outstanding | The movement of shares outstanding is as follows:
|  |  |  | 2025 |  | 2024
AS OF AND FOR THE PERIODS ENDED JUN. 30 SHARE AMOUNTS |  |  |  | Class A Exchangeable Shares |  |  |  | Class B Shares |  | Class C Shares |  | Class A Redeemable Junior Preferred Shares |  | Class A Exchangeable Shares |  | Class A-1 Exchangeable Shares |  | Class B Shares |  | Class C Shares
Outstanding as of January 1 |  |  |  | 41,436,516 |  |  |  |  | 24,000 |  |  | 201,116,647 |  |  | 100,460,280 |  |  | 15,311,749 |  |  | 28,073,777 |  |  | 24,000 |  |  | 102,056,784 |
Acquisition of treasury shares, net |  |  |  | (64,656) |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Conversions |  |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | 1,523,169 |  |  | (1,523,169) |  |  | — |  |  | — |
Outstanding as of March 31 |  |  |  | 41,371,860 |  |  |  |  | 24,000 |  |  | 201,116,647 |  |  | 100,460,280 |  |  | 16,834,918 |  |  | 26,550,608 |  |  | 24,000 |  |  | 102,056,784 |
Issuances |  |  |  | 41,636 |  |  |  |  | — |  |  | 41,670,076 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 26,586,622 |
Conversions |  |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | 44,837 |  |  | (44,837) |  |  | — |  |  | — |
Outstanding as of June 30 |  |  |  | 41,413,496 |  |  |  |  | 24,000 |  |  | 242,786,723 |  |  | 100,460,280 |  |  | 16,879,755 |  |  | 26,505,771 |  |  | 24,000 |  |  | 128,643,406 |
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