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EQUITY ACCOUNTED INVESTMENTS - Schedule of Revenues and Expenses of Joint Ventures and Associates (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Investments      
Revenue $ 7,365 $ 7,100 $ 6,593
Expenses 6,934 6,652 6,360
Share of net earnings from equity accounted investments 826 1,020 (749)
Net income (loss) 996 3,499 (2,058)
Other comprehensive income 415 1,004 414
Other      
Investments      
Revenue 230 103 92
Expenses 244 174 186
Fair value gains (losses) 8 (8) (39)
Share of net earnings from equity accounted investments 4 (50) (90)
Net income (loss) (6) (72) (135)
Other comprehensive income 69 949 (939)
Distributions received 0 0 0
Associates      
Investments      
Revenue 230 103 92
Expenses 244 174 186
Fair value gains (losses) 8 (8) (39)
Share of net earnings from equity accounted investments 4 (50) (90)
Net income (loss) (6) (72) (135)
Other comprehensive income 69 949 (939)
Distributions received 0 0 0
Joint ventures where entity is venturer | Other      
Investments      
Share of net earnings from equity accounted investments 0 7 (2)
Joint ventures where entity is venturer | Associates      
Investments      
Share of net earnings from equity accounted investments 0 7 (2)
London Mixed-use District      
Investments      
Revenue 582 607 619
Expenses 477 453 377
Fair value gains (losses) (61) 60 (713)
Share of net earnings from equity accounted investments 66 128 (226)
Net income (loss) 133 256 (452)
Other comprehensive income 23 2 (4)
Distributions received 0 2 4
London Mixed-use District | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 89 42 19
Midtown New York Mixed-use Complex      
Investments      
Revenue 282 350 259
Expenses 227 225 179
Fair value gains (losses) 515 101 379
Share of net earnings from equity accounted investments 370 127 257
Net income (loss) 661 226 459
Other comprehensive income 120 72 (75)
Distributions received 34 48 221
Midtown New York Mixed-use Complex | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 91 0 0
U.S. Retail JV Pool A      
Investments      
Revenue 343 329 353
Expenses 107 220 230
Fair value gains (losses) (96) 92 (543)
Share of net earnings from equity accounted investments 70 100 (210)
Net income (loss) 140 201 (420)
Other comprehensive income 1 0 0
Distributions received 0 0 0
U.S. Retail JV Pool A | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
Honolulu Shopping Center      
Investments      
Revenue 261 241 269
Expenses 195 154 158
Fair value gains (losses) (405) 121 (279)
Share of net earnings from equity accounted investments (170) 104 (84)
Net income (loss) (339) 208 (168)
Other comprehensive income 30 0 0
Distributions received 0 3 9
Honolulu Shopping Center | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
U.S. Retail JV Pool B      
Investments      
Revenue 467 458 483
Expenses 348 347 356
Fair value gains (losses) (148) (46) (601)
Share of net earnings from equity accounted investments (12) 35 (240)
Net income (loss) (24) 69 (470)
Other comprehensive income 6 0 0
Distributions received 0 0 0
U.S. Retail JV Pool B | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 5 4 4
U.S. Retail JV Pool C      
Investments      
Revenue 152 138 145
Expenses 81 88 80
Fair value gains (losses) 77 (13) (222)
Share of net earnings from equity accounted investments 74 19 (78)
Net income (loss) 148 37 (157)
Other comprehensive income 0 0 0
Distributions received 11 2 6
U.S. Retail JV Pool C | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
Bryant Park Office Tower      
Investments      
Revenue 157 151 108
Expenses 88 86 95
Fair value gains (losses) 9 47 121
Share of net earnings from equity accounted investments 39 56 67
Net income (loss) 78 112 134
Other comprehensive income 0 0 0
Distributions received 20 27 123
Bryant Park Office Tower | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
Las Vegas Mall A      
Investments      
Revenue 106 98 103
Expenses 56 54 56
Fair value gains (losses) (321) 63 (46)
Share of net earnings from equity accounted investments (135) 53 0
Net income (loss) (271) 107 1
Other comprehensive income 0 0 0
Distributions received 8 8 8
Las Vegas Mall A | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
U.S. Retail JV Pool D      
Investments      
Revenue 88 80 71
Expenses 46 37 36
Fair value gains (losses) 47 121 (203)
Share of net earnings from equity accounted investments 43 78 (72)
Net income (loss) 89 164 (151)
Other comprehensive income 0 0 0
Distributions received 4 1 3
U.S. Retail JV Pool D | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 17
Las Vegas Mall B      
Investments      
Revenue 108 93 92
Expenses 69 75 84
Fair value gains (losses) 344 61 (18)
Share of net earnings from equity accounted investments 192 40 (5)
Net income (loss) 383 79 (10)
Other comprehensive income 0 0 0
Distributions received 1 0 0
Las Vegas Mall B | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
Other      
Investments      
Revenue 2,138 1,825 1,766
Expenses 1,683 1,576 1,299
Fair value gains (losses) 120 424 (480)
Share of net earnings from equity accounted investments 285 330 (68)
Net income (loss) 618 762 31
Other comprehensive income 289 301 (28)
Distributions received 185 81 244
Other | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 42 89 44
Joint ventures      
Investments      
Revenue 4,684 4,370 4,268
Expenses 3,377 3,315 2,950
Fair value gains (losses) 81 1,031 (2,605)
Share of net earnings from equity accounted investments 822 1,070 (659)
Net income (loss) 1,616 2,221 (1,203)
Other comprehensive income 469 375 (107)
Distributions received 263 172 618
Joint ventures | Associates      
Investments      
Revenue 4,914 4,473 4,360
Expenses 3,621 3,489 3,136
Fair value gains (losses) 89 1,023 (2,644)
Share of net earnings from equity accounted investments 826 1,020 (749)
Net income (loss) 1,610 2,149 (1,338)
Other comprehensive income 538 1,324 (1,046)
Distributions received 263 172 618
Joint ventures | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 227 135 84
Joint ventures | Joint ventures where entity is venturer | Associates      
Investments      
Share of net earnings from equity accounted investments $ 227 $ 142 $ 82