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RELATED PARTIES - Assets/Liabilities (Details) - USD ($) | Dec. 31, 2022 | Dec. 31, 2021 | Jun. 30, 2021
--- | --- | --- | ---
Disclosure of transactions between related parties [line items] |  |  |
Preferred shares held by Brookfield Corporation | $ (2,490,000,000) | $ (1,015,000,000) |
Affiliated entities |  |  |
Disclosure of transactions between related parties [line items] |  |  |
Net (payables)/receivables within equity accounted investments | (110,000,000) | (378,000,000) |
Loans and notes receivable | 273,000,000 | 170,000,000 |
Receivables and other assets | 0 | 71,000,000 |
Deposit payable to Brookfield Asset Management | 0 | (680,000,000) |
Property-specific obligations | (2,429,000,000) | (250,000,000) |
Loans and notes payable and other liabilities | (721,000,000) | (259,000,000) |
Preferred shares held by Brookfield Corporation | (2,490,000,000) | (1,015,000,000) |
Brookfield Asset Management interest in Canholdco | $ (1,759,000,000) | $ (2,083,000,000) |
Deposit limit |  |  | $ 3,000,000,000

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- Definition The amount of non-derivative financial assets with fixed or determinable payments that are not quoted in an active market, other than: (a) those that the entity intends to sell immediately or in the near term, which shall be classified as held for trading, and those that the entity, upon initial recognition, designates as at fair value through profit or loss; (b) those that the entity, upon initial recognition, designates as available for sale; or (c) those for which the holder may not recover substantially all of its initial investment, other than because of credit deterioration, which shall be classified as available for sale. An interest acquired in a pool of assets that are not loans or receivables (for example, an interest in a mutual fund or a similar fund) is not a loan or receivable. [Refer: Derivative financial assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Note Expiry date 2023-01-01 -Name IFRS -Number 7 -IssueDate 2022-03-24 -Paragraph 8 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_8_c&doctype=Standard&book=b -URIDate 2022-03-24 + Details
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