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FAIR VALUE GAINS (LOSSES), NET (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Disclosure of Fair Value [Line Items]      
Gains (losses) on fair value adjustment, investment property $ (1,058) $ 1,962  
Incentive fees (45) (24) $ (16)
Financial instruments and other 1,123 583 82
Total fair value (losses) gains, net 20 2,521 (1,322)
Losses on change In fair value of and right-of-use investment properties 2 5 16
Commercial properties      
Disclosure of Fair Value [Line Items]      
Gains (losses) on fair value adjustment, investment property (1,122) 1,791 (1,607)
Commercial developments      
Disclosure of Fair Value [Line Items]      
Gains (losses) on fair value adjustment, investment property $ 64 $ 171 $ 219