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RELATED PARTY TRANSACTIONS (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Aug. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Mar. 28, 2023
Disclosure of transactions between related parties [line items]              
Directors' remuneration expense   $ 1 $ 1 $ 1 $ 1    
Purchase of financial assets   (209) (111) (387) (343)    
Australian Regulated Utility Operation              
Disclosure of transactions between related parties [line items]              
Proportion of ownership interest in associate 7.90%            
Proceeds from sales of interests in associates $ 435            
Gains (losses) recognised 30            
Reclassification adjustments on exchange differences on translation, net of tax $ 28            
Revolving credit facility with Brookfield              
Disclosure of transactions between related parties [line items]              
Credit facility, maximum borrowing capacity   1,000   1,000      
Subsidiary and corporate borrowings   $ 0 0 $ 0 0 $ 0  
Borrowings, adjustment to interest rate basis   1.90%   1.90%      
Brookfield              
Disclosure of transactions between related parties [line items]              
Amounts payable, related party transactions   $ 165   $ 165   300  
Deposit balance   0   0   0  
Interest expense, related party transactions   0 0 0 0    
Credit facility, maximum borrowing capacity   1,000   1,000      
Subsidiary of Common Parent (Brookfield)              
Disclosure of transactions between related parties [line items]              
Amounts payable, related party transactions   25   25   35  
Interest expense, related party transactions   8   16      
Subsidiary and corporate borrowings             $ 500
Corporate borrowings, related party transactions   140   140   110  
Borrowings, adjustment to interest rate basis             2.10%
Subsidiary of Common Parent (Brookfield) | Brookfield Office Properties Inc.              
Disclosure of transactions between related parties [line items]              
Right-of-use assets   12   $ 12   12  
Service Provider              
Disclosure of transactions between related parties [line items]              
Asset management fee as percent per quarter       0.3125%      
Asset management fee, percent       1.25%      
Revenue from sale of goods, related party transactions   89 106 $ 183 206    
Amounts payable, related party transactions   87   87   $ 97  
Revenue from sale of goods, related party transactions   2 7 5 9    
Related party expenses   $ 32 $ 34 $ 65 $ 69