Brookfield Renewable Partners (BEP) 6-K 7 Aug 20 2020 Q2 Current report (foreign) Financial data

Document and Entity Information

Document and Entity Information	6 Months Ended
	Jun. 30, 2020
Document And Entity Infromation
Entity Registrant Name	BROOKFIELD RENEWABLE PARTNERS L.P.
Entity Central Index Key	0001533232
Document Type	6-K
Document Period End Date	Jun. 30, 2020
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2

CONSOLIDATED STATEMENTS OF FINA

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 229	$ 115
Restricted cash	222	154
Trade receivables and other current assets	604	718
Financial instrument assets	72	75
Due from related parties	113	60
Assets held for sale	170	352
Current assets	1,410	1,474
Financial instrument assets	289	165
Equity-accounted investments	1,779	1,889
Property, plant and equipment	28,527	30,714
Goodwill	716	821
Deferred income tax assets	125	116
Other long-term assets	479	512
Total Assets	33,325	35,691
Current liabilities
Accounts payable and accrued liabilities	524	590
Financial instrument liabilities	57	139
Payables due to related parties	166	127
Corporate borrowings	140	0
Non-recourse borrowings	1,190	685
Liabilities directly associated with assets held for sale	94	137
Current liabilities	2,171	1,678
Financial instrument liabilities	157	39
Corporate borrowings	1,984	2,100
Non-recourse borrowings	7,572	8,219
Deferred income tax liabilities	4,237	4,537
Other long-term liabilities	1,030	987
Equity
Non-controlling interests	11,258	12,722
Preferred limited partners' equity	1,028	833
Limited partners' equity	3,888	4,576
Total Equity	16,174	18,131
Total Liabilities and Equity	33,325	35,691
Participating non-controlling interests – in operating subsidiaries
Equity
Non-controlling interests	7,813	8,742
Total Equity	7,813	8,742
General partnership interest in a holding subsidiary held by Brookfield
Equity
Non-controlling interests	58	68
Total Equity	58	68
Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield
Equity
Non-controlling interests	2,816	3,315
Total Equity	2,816	3,315
Preferred equity
Equity
Total Equity	$ 571	$ 597

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Consolidated Statment of Income (Loss) [line items]
Revenues	$ 651	$ 787	$ 1,443	$ 1,612
Other income	23	17	33	25
Direct operating costs	(248)	(252)	(509)	(506)
Management service costs	(36)	(23)	(67)	(44)
Interest expense	(154)	(178)	(316)	(351)
Share of (loss) earnings from equity-accounted investments	(15)	0	(31)	32
Foreign exchange and unrealized financial instrument gain (loss)	(14)	(12)	6	(30)
Depreciation	(192)	(200)	(398)	(400)
Other	(17)	(1)	(25)	(3)
Income tax recovery (expense)
Current	3	(15)	(16)	(39)
Deferred	10	(14)	11	(34)
Income tax recovery (expense)	13	(29)	(5)	(73)
Net income	11	109	131	262
Net income attributable to:
Preferred limited partners' equity	14	11	26	21
Limited partners' equity	$ (25)	$ 9	$ (15)	$ 34
Basic and diluted earnings (loss) per LP Unit (in usd per share)	$ (0.14)	$ 0.05	$ (0.08)	$ 0.19
Participating non-controlling interests – in operating subsidiaries
Income tax recovery (expense)
Net income	$ 35	$ 74	$ 118	$ 168
Net income attributable to:
Non-controlling interests			118
General partnership interest in a holding subsidiary held by Brookfield
Income tax recovery (expense)
Net income		1		1
Net income attributable to:
Non-controlling interests	0	1	0	1
Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield
Income tax recovery (expense)
Net income	(19)	7	(11)	25
Net income attributable to:
Non-controlling interests	(19)	7	(11)	25
Preferred equity
Income tax recovery (expense)
Net income	6	7	13	13
Net income attributable to:
Non-controlling interests	$ 6	$ 7	$ 13	$ 13

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Consolidated Statement Of Comprehensive Income [line items]
Net income	$ 11	$ 109	$ 131	$ 262
Other comprehensive income (loss) that will not be reclassified to net income
Actuarial loss on defined benefit plans	(4)	(8)	(2)	(13)
Deferred income taxes on above items	1	4	1	4
Total items that will not be reclassified to net income	(3)	(4)	(1)	(9)
Other comprehensive (loss) income that may be reclassified to net income
Foreign currency translation	222	33	(1,564)	168
Gains (losses) arising during the period on financial instruments designated as cash-flow hedges	(16)	6	2	2
Unrealized (loss) gain on foreign exchange swaps net investment hedge	(6)	7	23	1
Unrealized gain (loss) on investments in equity securities	1	(3)	(8)	23
Reclassification adjustments for amounts recognized in net income	(12)	(4)	(31)	0
Deferred income taxes on above items	5	2	5	1
Equity-accounted investments	15	0	(8)	0
Total items that may be reclassified subsequently to net income	209	41	(1,581)	195
Other comprehensive income (loss)	206	37	(1,582)	186
Comprehensive income (loss)	217	146	(1,451)	448
Comprehensive income (loss) attributable to:
Preferred limited partners' equity	14	11	26	21
Limited partners' equity	(28)	24	(456)	79
Comprehensive income (loss)	217	146	(1,451)	448
Participating non-controlling interests – in operating subsidiaries
Consolidated Statement Of Comprehensive Income [line items]
Net income	35	74	118	168
Other comprehensive (loss) income that may be reclassified to net income
Other comprehensive income (loss)	192	2	(788)	85
Comprehensive income (loss) attributable to:
Non-controlling interests	227	76	(670)	253
General partnership interest in a holding subsidiary held by Brookfield
Consolidated Statement Of Comprehensive Income [line items]
Net income		1		1
Other comprehensive (loss) income that may be reclassified to net income
Other comprehensive income (loss)	(1)	(1)	(7)
Comprehensive income (loss) attributable to:
Non-controlling interests	(1)	0	(7)	1
Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield
Consolidated Statement Of Comprehensive Income [line items]
Net income	(19)	7	(11)	25
Other comprehensive (loss) income that may be reclassified to net income
Other comprehensive income (loss)	(2)	11	(320)	33
Comprehensive income (loss) attributable to:
Non-controlling interests	(21)	18	(331)	58
Preferred equity
Consolidated Statement Of Comprehensive Income [line items]
Net income	6	7	13	13
Other comprehensive (loss) income that may be reclassified to net income
Other comprehensive income (loss)	20	10	(26)	23
Comprehensive income (loss) attributable to:
Non-controlling interests	$ 26	$ 17	$ (13)	$ 36

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Millions	Total	Equity attributable to owners of parent [member]	Limited partners' equity	Foreign currency translation	Revaluation surplus	Actuarial losses on defined benefit plans	Cash flow hedges	Investments in equity securities	Preferred limited partners' equity	Preferred equity	Participating non-controlling interests – in operating subsidiaries	General partnership interest in a holding subsidiary held by Brookfield	Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield
Beginning balance, as at at Dec. 31, 2018	$ 17,206	$ 4,484	$ (948)	$ (652)	$ 6,120	$ (6)	$ (34)	$ 4	$ 707	$ 568	$ 8,129	$ 66	$ 3,252
Net income (loss)	262	34	34						21	13	168	1	25
Other comprehensive income (loss)	186	45		41	1	(4)	(4)	11		23	85		33
Preferred LP Units issued	126								126
LP Units purchased for cancellation	(1)	(1)	(1)
Capital contributions	298										298
Disposal	(53)										(53)
Distributions or dividends declared	(778)	(185)	(185)						(21)	(13)	(396)	(28)	(135)
Distribution reinvestment plan	3	3	3
Other	1	(11)	215	(14)	(203)	1		(10)			(5)	26	(9)
Change in period	44	(115)	66	27	(202)	(3)	(4)	1	126	23	97	(1)	(86)
Beginning balance, as at at Jun. 30, 2019	17,250	4,369	(882)	(625)	5,918	(9)	(38)	5	833	591	8,226	65	3,166
Beginning balance, as at at Dec. 31, 2018	17,206	4,484	(948)	(652)	6,120	(6)	(34)	4	707	568	8,129	66	3,252
Disposal											(172)
Other											4
Beginning balance, as at at Dec. 31, 2019	18,131	4,576	(1,119)	(700)	6,424	(9)	(32)	12	833	597	8,742	68	3,315
Beginning balance, as at at Mar. 31, 2019	17,598	4,442	(810)	(644)	5,921	(7)	(36)	18	833	580	8,456	66	3,221
Net income (loss)	109	9	9						11	7	74	1	7
Other comprehensive income (loss)	37	15		21	1	(2)	(2)	(3)		10	2	(1)	11
Capital contributions	10										10
Disposal	(53)										(53)
Distributions or dividends declared	(452)	(92)	(92)						(11)	(7)	(262)	(13)	(67)
Distribution reinvestment plan	1	1	1
Other	0	(6)	10	(2)	(4)			(10)		1	(1)	12	(6)
Change in period	(348)	(73)	(72)	19	(3)	(2)	(2)	(13)	0	11	(230)	(1)	(55)
Beginning balance, as at at Jun. 30, 2019	17,250	4,369	(882)	(625)	5,918	(9)	(38)	5	833	591	8,226	65	3,166
Beginning balance, as at at Dec. 31, 2019	18,131	4,576	(1,119)	(700)	6,424	(9)	(32)	12	833	597	8,742	68	3,315
Net income (loss)	131	(15)	(15)						26	13	118		(11)
Other comprehensive income (loss)	(1,582)	(441)		(428)			(12)	(1)		(26)	(788)	(7)	(320)
Preferred LP Units issued	195								195
Capital contributions	8										8
Distributions or dividends declared	(662)	(196)	(196)						(26)	(13)	(251)	(34)	(142)
Distribution reinvestment plan	3	3	3
Other	(50)	(39)	(13)	(2)	(12)		(1)	(11)			(16)	31	(26)
Change in period	(1,957)	(688)	(221)	(430)	(12)	0	(13)	(12)	195	(26)	(929)	(10)	(499)
Beginning balance, as at at Jun. 30, 2020	16,174	3,888	(1,340)	(1,130)	6,412	(9)	(45)	0	1,028	571	7,813	58	2,816
Beginning balance, as at at Mar. 31, 2020	16,357	4,035	(1,198)	(1,130)	6,413	(8)	(38)	(4)	1,028	551	7,760	60	2,923
Net income (loss)	11	(25)	(25)						14	6	35		(19)
Other comprehensive income (loss)	206	(3)				(1)	(6)	4		20	192	(1)	(2)
Distributions or dividends declared	(378)	(97)	(97)						(14)	(6)	(174)	(17)	(70)
Distribution reinvestment plan	2	2	2
Other	(24)	(24)	(22)		(1)		(1)					16	(16)
Change in period	(183)	(147)	(142)	0	(1)	(1)	(7)	4	0	20	53	(2)	(107)
Beginning balance, as at at Jun. 30, 2020	$ 16,174	$ 3,888	$ (1,340)	$ (1,130)	$ 6,412	$ (9)	$ (45)	$ 0	$ 1,028	$ 571	$ 7,813	$ 58	$ 2,816

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Operating activities
Net income	$ 11	$ 109	$ 131	$ 262
Adjustments for the following non-cash items:
Depreciation	192	200	398	400
Unrealized foreign exchange and financial instruments loss (gain)	14	11	(7)	31
Share of earnings from equity-accounted investments	15	0	31	(32)
Deferred income tax (recovery) expense	(10)	14	(11)	34
Other non-cash items	4	33	26	50
Dividends received from equity-accounted investments	14	14	42	28
Changes in due to or from related parties	8	(41)	7	(36)
Net change in working capital balances	13	28	(1)	2
Cash flows from (used in) operating activities	261	368	616	739
Financing activities
Proceeds from medium term notes	250	0	250	0
Commercial paper and corporate credit facilities, net	(198)	(26)	(159)	(721)
Proceeds from non-recourse borrowings	309	852	525	945
Repayment of non-recourse borrowings	(235)	(573)	(546)	(666)
Capital contributions from participating non-controlling interests – in operating subsidiaries	0	10	7	257
Issuance of preferred limited partners' units	0	0	195	126
Repurchase of LP Units	0	0	0	(1)
Distributions paid:
To participating non-controlling interests – in operating subsidiaries	(174)	(262)	(251)	(396)
To preferred shareholders	(6)	(7)	(13)	(13)
To preferred limited partners' unitholders	(12)	(11)	(23)	(20)
To unitholders of Brookfield Renewable or BRELP	(183)	(171)	(365)	(342)
Borrowings from related party	0	322	0	922
Repayments to related party	0	(355)	0	(600)
Cash flows from (used in) financing activities	(249)	(221)	(380)	(509)
Investing activities
Investment in equity-accounted investments	(3)	(4)	(15)	(4)
Acquisitions net of cash and cash equivalents in acquired entity	0	(26)	0	(26)
Investment in property, plant and equipment	(57)	(34)	(110)	(63)
Proceeds from disposal of assets	11	82	105	82
Purchases of financial assets	(183)	(93)	(227)	(93)
Proceeds from financial assets	115	14	161	19
Restricted cash and other	45	66	(15)	11
Cash flows from (used in) investing activities	(72)	5	(101)	(74)
Foreign exchange loss on cash	(1)	1	(13)	1
Cash and cash equivalents
(Decrease) Increase	(61)	153	122	157
Net change in cash classified within assets held for sale	(4)	(8)	(8)	(8)
Balance, beginning of period	294	177	115	173
Balance, end of period	229	322	229	322
Supplemental cash flow information:
Interest paid	167	176	317	319
Interest received	3	6	9	10
Income taxes paid	$ 13	$ 18	$ 34	$ 37

BASIS OF PREPARATION AND SIGNIF

BASIS OF PREPARATION AND SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2020
BASIS OF PREPARATION AND SIGNIFICANT ACCOUNTING POLICIES [ABSTRACT]
BASIS OF PREPARATION AND SIGNIFICANT ACCOUNTING POLICIES	BASIS OF PREPARATION AND SIGNIFICANT ACCOUNTING POLICIES (a) Statement of compliance The interim consolidated financial statements have been prepared in accordance with IAS 34, Interim Financial Reporting. Certain information and footnote disclosures normally included in the annual audited consolidated financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”), as issued by the International Accounting Standards Board (“IASB”), have been omitted or condensed. These interim consolidated financial statements should be read in conjunction with Brookfield Renewable’s December 31, 2019 audited consolidated financial statements. The interim consolidated statements have been prepared on a basis consistent with the accounting policies disclosed in the December 31, 2019 audited consolidated financial statements. The interim consolidated financial statements are unaudited and reflect adjustments (consisting of normal recurring adjustments) that are, in the opinion of management, necessary to provide a fair statement of results for the interim periods in accordance with IFRS. The results reported in these interim consolidated financial statements should not be regarded as necessarily indicative of results that may be expected for an entire year. The policies set out below are consistently applied to all periods presented, unless otherwise noted. These consolidated financial statements have been authorized for issuance by the Board of Directors of Brookfield Renewable’s general partner, BRPL, on August 7, 2020 . Certain comparative figures have been reclassified to conform to the current year’s presentation. References to $, C$, €, R$, COP, INR, and THB are to United States (“U.S.”) dollars, Canadian dollars, Euros, Brazilian reais, Colombian pesos, Indian Rupees, and Thai baht, respectively. All figures are presented in millions of U.S. dollars unless otherwise noted. (b) Basis of preparation The interim consolidated financial statements have been prepared on the basis of historical cost, except for the revaluation of property, plant and equipment and certain assets and liabilities which have been measured at fair value. Cost is recorded based on the fair value of the consideration given in exchange for assets. Consolidation These interim consolidated financial statements include the accounts of Brookfield Renewable and its subsidiaries, which are the entities over which Brookfield Renewable has control. An investor controls an investee when it is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Non-controlling interests in the equity of Brookfield Renewable’s subsidiaries are shown separately in equity in the interim consolidated statements of financial position. (c) Recently adopted accounting standards Several amendments and interpretations apply for the first time in 2020, but do not have an impact on the consolidated financial statements of Brookfield Renewable. Brookfield Renewable has not early adopted any other standards, interpretations or amendments that have been issued but are not yet effective.

DISPOSAL OF ASSETS

DISPOSAL OF ASSETS	6 Months Ended
	Jun. 30, 2020
Disclosure Of Disposal Of Assets [Abstract]
DISPOSAL OF ASSETS	DISPOSAL OF ASSETS In March 2020, Brookfield Renewable, along with its institutional partners, completed the sale of a 39 MW portfolio of solar assets in Thailand. The total consideration was THB 3,079 million ( $94 million ) and Brookfield Renewable’s interest in the portfolio was approximately 31% . This resulted in a loss on disposition of $12 million ( $4 million net to Brookfield Renewable) recognized in the consolidated statements of income under Other. Immediately prior to the classification of the portfolio as held for sale in 2018, Brookfield Renewable performed a revaluation of the property, plant & equipment, in line with its election to apply the revaluation method and recorded a fair value uplift of $42 million . As a result of the disposition, Brookfield Renewable's portion of the accumulated revaluation surplus of $13 million post-tax was reclassified from other comprehensive income directly to equity and noted as an Other item in the consolidated statements of changes in equity. Summarized financial information relating to the disposal of the Thailand portfolio is shown below: (MILLIONS) Proceeds $ 94 Carrying value of net assets held for sale Assets 114 Liabilities (8 ) 106 Loss on disposal $ (12 )

ASSETS HELD FOR SALE

ASSETS HELD FOR SALE	6 Months Ended
	Jun. 30, 2020
Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]
ASSETS HELD FOR SALE	ASSETS HELD FOR SALE As at June 30, 2020 , assets held for sale within Brookfield Renewable's operating segments include solar facilities in South Africa and Asia. The following is a summary of the major items of assets and liabilities classified as held for sale: (MILLIONS) June 30, 2020 December 31, 2019 Assets Cash and cash equivalents $ 6 $ 14 Restricted cash 17 22 Trade receivables and other current assets 8 13 Property, plant and equipment 139 303 Assets held for sale $ 170 $ 352 Liabilities Current liabilities $ 12 $ 18 Long-term debt 58 73 Other long-term liabilities 24 46 Liabilities directly associated with assets held for sale $ 94 $ 137

RISK MANAGEMENT AND FINANCIAL I

RISK MANAGEMENT AND FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 30, 2020
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS [Abstract]
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS	RISK MANAGEMENT AND FINANCIAL INSTRUMENTS RISK MANAGEMENT Brookfield Renewable`s activities expose it to a variety of financial risks, including market risk (i.e., commodity price risk, interest rate risk, and foreign currency risk), credit risk and liquidity risk. Brookfield Renewable uses financial instruments primarily to manage these risks. COVID-19 pandemic has impacted business across the globe and we are monitoring its impact on our business. While it is difficult to predict how significant the impact of COVID-19 will be, our business is highly resilient given we are an owner, operator and investor in one of the most critical sectors in the world and have a robust balance sheet with a strong investment grade rating. We generate revenues that are predominantly backed by long-term contracts with well diversified creditworthy counterparties. The majority of our assets can be operated from centralized control centers and our operators around the world have implemented contingency plans to ensure operations, maintenance and capital programs continue with little disruption. There have been no other material changes in exposure to the risks Brookfield Renewable is exposed to since the December 31, 2019 audited consolidated financial statements. Fair value disclosures Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair values determined using valuation models require the use of assumptions concerning the amount and timing of estimated future cash flows and discount rates. In determining those assumptions, management looks primarily to external readily observable market inputs such as interest rate yield curves, currency rates, commodity prices and, as applicable, credit spreads. A fair value measurement of a non-financial asset is the consideration that would be received in an orderly transaction between market participants, considering the highest and best use of the asset. Assets and liabilities measured at fair value are categorized into one of three hierarchy levels, described below. Each level is based on the transparency of the inputs used to measure the fair values of assets and liabilities. Level 1 – inputs are based on unadjusted quoted prices in active markets for identical assets and liabilities; Level 2 – inputs, other than quoted prices in Level 1, that are observable for the asset or liability, either directly or indirectly; and Level 3 – inputs for the asset or liability that are not based on observable market data . The following table presents Brookfield Renewable's assets and liabilities measured and disclosed at fair value classified by the fair value hierarchy: June 30, 2020 December 31, 2019 (MILLIONS) Level 1 Level 2 Level 3 Total Total Assets measured at fair value: Cash and cash equivalents $ 229 $ — $ — $ 229 $ 115 Restricted cash (1) 233 — — 233 173 Financial instrument assets (2) Energy derivative contracts — 60 14 74 76 Foreign exchange swaps — 10 — 10 4 Investments in debt and equity securities 8 187 82 277 160 Property, plant and equipment — — 28,527 28,527 30,714 Liabilities measured at fair value: Financial instrument liabilities (2) Energy derivative contracts — (9 ) — (9 ) (8 ) Interest rate swaps — (198 ) — (198 ) (131 ) Foreign exchange swaps — (7 ) — (7 ) (39 ) Contingent consideration (3) — — (22 ) (22 ) (11 ) Assets for which fair value is disclosed: Equity-accounted investments (4) 1,211 — — 1,211 1,010 Liabilities for which fair value is disclosed: Corporate borrowings (2,190 ) (140 ) — (2,330 ) (2,204 ) Non-recourse borrowing (393 ) (9,145 ) — (9,538 ) (9,573 ) Total $ (902 ) $ (9,242 ) $ 28,601 $ 18,457 $ 20,286 (1) Includes both the current amount and long-term amount included in Other long-term assets. (2) Includes both current and long-term amounts. (3) Amount relates to acquisitions with obligations lapsing in 2021 to 2024. (4) The fair value corresponds to Brookfield Renewable's investment in publicly-quoted common shares of TerraForm Power, Inc. There were no transfers between levels during the six months ended June 30, 2020 . Financial instruments disclosures The aggregate amount of Brookfield Renewable's net financial instrument positions are as follows: June 30, 2020 December 31, 2019 (MILLIONS) Assets Liabilities Net Assets (Liabilities) Net Assets (Liabilities) Energy derivative contracts $ 74 $ 9 $ 65 $ 68 Interest rate swaps — 198 (198 ) (131 ) Foreign exchange swaps 10 7 3 (35 ) Investments in debt and equity securities 277 — 277 160 Total 361 214 147 62 Less: current portion 72 57 15 (64 ) Long-term portion $ 289 $ 157 $ 132 $ 126 (a) Energy derivative contracts Brookfield Renewable has entered into energy derivative contracts primarily to stabilize or eliminate the price risk on the sale of certain future power generation. Certain energy contracts are recorded in Brookfield Renewable's interim consolidated financial statements at an amount equal to fair value, using quoted market prices or, in their absence, a valuation model using both internal and third-party evidence and forecasts. (b) Interest rate hedges Brookfield Renewable has entered into interest rate hedge contracts primarily to minimize exposure to interest rate fluctuations on its variable rate debt or to lock in interest rates on future debt refinancing. All interest rate hedge contracts are recorded in the interim consolidated financial statements at fair value. (c) Foreign exchange swaps Brookfield Renewable has entered into foreign exchange swaps to minimize its exposure to currency fluctuations impacting its investments and earnings in foreign operations, and to fix the exchange rate on certain anticipated transactions denominated in foreign currencies. (d) Investments in debt and equity securities Brookfield Renewable's investments in debt and equity securities consist of investments in publicly-quoted and non-publicly quoted securities which are recorded on the statement of financial position at fair value. The following table reflects the unrealized gains (losses) included in Foreign exchange and unrealized financial instrument loss in the interim consolidated statements of income for the three and six months ended June 30 : Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 Energy derivative contracts $ (22 ) $ 6 $ 2 $ 12 Interest rate swaps (17 ) (19 ) (39 ) (32 ) Foreign exchange swaps 25 (8 ) 79 (19 ) Foreign exchange gain (loss) — 9 (36 ) 9 $ (14 ) $ (12 ) $ 6 $ (30 ) The following table reflects the gains (losses) included in other comprehensive income in the interim consolidated statements of comprehensive loss for the three and six months ended June 30 : Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 Energy derivative contracts $ (7 ) $ 25 $ 33 $ 38 Interest rate swaps (9 ) (19 ) (31 ) (36 ) Foreign exchange swaps $ — $ — $ — $ — (16 ) 6 2 2 Foreign exchange swaps – net investment (6 ) 7 23 1 Investments in debt and equity securities 1 (3 ) (8 ) 23 $ (21 ) $ 10 $ 17 $ 26 The following table reflects the reclassification adjustments recognized in net income in the interim consolidated statements of comprehensive loss for the three and six months ended June 30 : Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 Energy derivative contracts $ (16 ) $ (8 ) $ (38 ) $ (7 ) Interest rate swaps 4 4 7 7 $ (12 ) $ (4 ) $ (31 ) $ —

SEGMENTED INFORMATION

SEGMENTED INFORMATION	6 Months Ended
	Jun. 30, 2020
Disclosure Of Entity's Operating Segments [Abstract]
SEGMENTED INFORMATION	SEGMENTED INFORMATION Brookfield Renewable’s Chief Executive Officer and Chief Financial Officer (collectively, the chief operating decision maker or “CODM”) review the results of the business, manage operations, and allocate resources based on the type of technology. Our operations are segmented by – 1) hydroelectric, 2) wind, 3) solar, 4) storage & other (cogeneration and biomass), and 5) corporate – with hydroelectric and wind further segmented by geography (i.e., North America, Colombia, Brazil, Europe and Asia). This best reflects the way in which the CODM reviews results, manages operations and allocates resources. The Colombia segment aggregates the financial results of its hydroelectric and cogeneration facilities. The Canada segment includes the financial results of our strategic investment in TransAlta Corporation ("TransAlta"). The corporate segment represents all activity performed above the individual segments for the business. Reporting to the CODM on the measures utilized to assess performance and allocate resources is provided on a proportionate basis. Information on a proportionate basis reflects Brookfield Renewable’s share from facilities which it accounts for using consolidation and the equity method whereby Brookfield Renewable either controls or exercises significant influence or joint control over the investment, respectively. Proportionate information provides a Unitholder (holders of the GP interest, Redeemable/Exchangeable partnership units, and LP Units) perspective that the CODM considers important when performing internal analyses and making strategic and operating decisions. The CODM also believes that providing proportionate information helps investors understand the impacts of decisions made by management and financial results allocable to Brookfield Renewable’s Unitholders. Proportionate financial information is not, and is not intended to be, presented in accordance with IFRS. Tables reconciling IFRS data with data presented on a proportionate consolidation basis have been disclosed. Segment revenues, other income, direct operating costs, interest expense, depreciation, current and deferred income taxes, and other are items that will differ from results presented in accordance with IFRS as these items include Brookfield Renewable’s proportionate share of earnings from equity-accounted investments attributable to each of the above-noted items, and exclude the proportionate share of earnings (loss) of consolidated investments not held by us apportioned to each of the above-noted items. Brookfield Renewable does not control those entities that have not been consolidated and as such, have been presented as equity-accounted investments in its consolidated financial statements. The presentation of the assets and liabilities and revenues and expenses does not represent Brookfield Renewable’s legal claim to such items, and the removal of financial statement amounts that are attributable to non-controlling interests does not extinguish Brookfield Renewable’s legal claims or exposures to such items. Brookfield Renewable reports its results in accordance with these segments and presents prior period segmented information in a consistent manner. In accordance with IFRS 8, Operating Segments, Brookfield Renewable discloses information about its reportable segments based upon the measures used by the CODM in assessing performance. Except as it relates to proportionate financial information discussed above, the accounting policies of the reportable segments are the same as those described in Note 1 – Basis of preparation and significant accounting policies . Brookfield Renewable analyzes the performance of its operating segments based on revenues, Adjusted EBITDA, and Funds From Operations. Adjusted EBITDA and Funds From Operations are not generally accepted accounting measures under IFRS and therefore may differ from definitions of Adjusted EBITDA and Funds From Operations used by other entities. Brookfield Renewable uses Adjusted EBITDA to assess the performance of its operations before the effects of interest expense, income taxes, depreciation, management service costs, non-controlling interests, unrealized gain or loss on financial instruments, non-cash gain or loss from equity-accounted investments, distributions to preferred shareholders and preferred limited partners and other typical non-recurring items. Brookfield Renewable uses Funds From Operations to assess the performance of its operations and is defined as Adjusted EBITDA less management service costs, interest and current income taxes, which is then adjusted for the cash portion of non-controlling interests and distributions to preferred shareholders and preferred limited partners. The following table provides each segment's results in the format that management organizes its segments to make operating decisions and assess performance and reconciles Brookfield Renewable's proportionate results to the consolidated statements of income on a line by line basis by aggregating the components comprising the earnings from Brookfield Renewable's investments in associates and reflecting the portion of each line item attributable to non-controlling interests for the three months ended June 30, 2020 : Attributable to Unitholders Contribution from equity-accounted investments Attributable to non- controlling interests As per IFRS financials (1) Hydroelectric Wind Solar Storage & Other Corporate Total (MILLIONS) North America Brazil Colombia North America Europe Brazil Asia Revenues 217 39 45 56 15 7 7 61 19 — 466 (104 ) 289 651 Other income 19 6 6 2 3 1 2 11 1 28 79 (7 ) (49 ) 23 Direct operating costs (63 ) (10 ) (26 ) (13 ) (5 ) (2 ) (3 ) (13 ) (8 ) (6 ) (149 ) 25 (124 ) (248 ) Share of Adjusted EBITDA from equity-accounted investments — — — — — — — — — — — 86 5 91 Adjusted EBITDA 173 35 25 45 13 6 6 59 12 22 396 — 121 Management service costs — — — — — — — — — (36 ) (36 ) — — (36 ) Interest expense (29 ) (4 ) (7 ) (15 ) (3 ) (1 ) (2 ) (20 ) (3 ) (20 ) (104 ) 30 (80 ) (154 ) Current income taxes 1 (2 ) 1 (1 ) — — — (2 ) (1 ) — (4 ) 3 4 3 Distributions attributable to Preferred limited partners equity — — — — — — — — — (14 ) (14 ) — — (14 ) Preferred equity — — — — — — — — — (6 ) (6 ) — — (6 ) Share of interest and cash taxes from equity accounted investments — — — — — — — — — — — (33 ) (5 ) (38 ) Share of Funds From Operations attributable to non-controlling interests — — — — — — — — — — — — (40 ) (40 ) Funds From Operations 145 29 19 29 10 5 4 37 8 (54 ) 232 — — Depreciation (59 ) (16 ) (5 ) (37 ) (10 ) (3 ) (2 ) (20 ) (5 ) (1 ) (158 ) 43 (77 ) (192 ) Foreign exchange and unrealized financial instrument loss (32 ) — (6 ) (3 ) (8 ) — — (7 ) (5 ) 10 (51 ) 15 22 (14 ) Deferred income tax expense (2 ) — (2 ) — — — 1 (1 ) — 4 — 2 8 10 Other (42 ) (4 ) 5 — (1 ) (2 ) (1 ) (15 ) 1 (8 ) (67 ) 10 40 (17 ) Share of earnings from equity-accounted investments — — — — — — — — — — — (70 ) 2 (68 ) Net loss attributable to non-controlling interests — — — — — — — — — — — — 5 5 Net income (loss) attributable to Unitholders (2) 10 9 11 (11 ) (9 ) — 2 (6 ) (1 ) (49 ) (44 ) — — (44 ) (1) Share of loss from equity-accounted investments of $15 million is comprised of amounts found on the share of Adjusted EBITDA, share of interest and cash taxes and share of earnings lines. Net income attributable to participating non-controlling interests – in operating subsidiaries of $35 million is comprised of amounts found on Share of Funds From Operations attributable to non-controlling interests and Net loss attributable to non-controlling interests. (2) Net income (loss) attributable to Unitholders includes net income (loss) attributable to GP interest, Redeemable/Exchangeable partnership units and LP Units. Total net income (loss) includes amounts attributable to Unitholders, non-controlling interests, preferred limited partners equity and preferred equity. The following table provides each segment's results in the format that management organizes its segments to make operating decisions and assess performance and reconciles Brookfield Renewable's proportionate results to the consolidated statements of income on a line by line basis by aggregating the components comprising the earnings from Brookfield Renewable's investments in associates and reflecting the portion of each line item attributable to non-controlling interests for the three months ended June 30, 2019 : Attributable to Unitholders Contribution from equity-accounted investments Attributable to non- controlling interests As per IFRS financials (1) Hydroelectric Wind Solar Storage & Other Corporate Total (MILLIONS) North America Brazil Colombia North America Europe Brazil Asia Revenues 275 58 56 58 22 9 3 51 21 — 553 (98 ) 332 787 Other income 8 2 — — 1 — — 1 — 2 14 (2 ) 5 17 Direct operating costs (72 ) (18 ) (21 ) (18 ) (8 ) (3 ) (1 ) (10 ) (11 ) (5 ) (167 ) 27 (112 ) (252 ) Share of Adjusted EBITDA from equity-accounted investments — — — — — — — — — — — 73 5 78 Adjusted EBITDA 211 42 35 40 15 6 2 42 10 (3 ) 400 — 230 Management service costs — — — — — — — — — (23 ) (23 ) — — (23 ) Interest expense (39 ) (6 ) (8 ) (16 ) (4 ) (2 ) (1 ) (15 ) (3 ) (25 ) (119 ) 26 (85 ) (178 ) Current income taxes (4 ) (3 ) (2 ) (1 ) — — — — — — (10 ) — (5 ) (15 ) Distributions attributable to Preferred limited partners equity — — — — — — — — — (11 ) (11 ) — — (11 ) Preferred equity — — — — — — — — — (7 ) (7 ) — — (7 ) Share of interest and cash taxes from equity accounted investments — — — — — — — — — — — (26 ) (5 ) (31 ) Share of Funds From Operations attributable to non-controlling interests — — — — — — — — — — — — (135 ) (135 ) Funds From Operations 168 33 25 23 11 4 1 27 7 (69 ) 230 — — Depreciation (56 ) (22 ) (5 ) (39 ) (13 ) (5 ) (1 ) (15 ) (6 ) (1 ) (163 ) 36 (73 ) (200 ) Foreign exchange and unrealized financial instrument loss 1 4 (1 ) (1 ) (8 ) — — 4 — (12 ) (13 ) 4 (3 ) (12 ) Deferred income tax expense (23 ) 1 (2 ) 1 1 — — — — 12 (10 ) (1 ) (3 ) (14 ) Other (11 ) — — (6 ) (2 ) 5 2 (12 ) — (3 ) (27 ) 8 18 (1 ) Share of earnings from equity-accounted investments — — — — — — — — — — — (47 ) — (47 ) Net loss attributable to non-controlling interests — — — — — — — — — — — — 61 61 Net income (loss) attributable to Unitholders (2) 79 16 17 (22 ) (11 ) 4 2 4 1 (73 ) 17 — — 17 (1) Share of earnings from equity-accounted investments of nil is comprised of amounts found on the share of Adjusted EBITDA, share of interest and cash taxes and share of earnings lines. Net income attributable to participating non-controlling interests – in operating subsidiaries of $74 million is comprised of amounts found on Share of Funds From Operations attributable to non-controlling interests and Net loss attributable to non-controlling interests. (2) Net income (loss) attributable to Unitholders includes net income (loss) attributable to GP interest, Redeemable/Exchangeable partnership units and LP Units. Total net income (loss) includes amounts attributable to Unitholders, non-controlling interests, preferred limited partners equity and preferred equity. The following table provides each segment's results in the format that management organizes its segments to make operating decisions and assess performance and reconciles Brookfield Renewable's proportionate results to the consolidated statements of income on a line by line basis by aggregating the components comprising the earnings from Brookfield Renewable's investments in associates and reflecting the portion of each line item attributable to non-controlling interests for the six months ended June 30, 2020 : Attributable to Unitholders Contribution from equity-accounted investments Attributable to non- controlling interests As per IFRS financials (1) Hydroelectric Wind Solar Storage & Other Corporate Total (MILLIONS) North America Brazil Colombia North America Europe Brazil Asia Revenues 482 100 105 116 37 11 13 110 37 — 1,011 (199 ) 631 1,443 Other income 21 9 8 4 3 1 2 12 1 30 91 (9 ) (49 ) 33 Direct operating costs (132 ) (27 ) (52 ) (27 ) (14 ) (3 ) (4 ) (27 ) (18 ) (11 ) (315 ) 53 (247 ) (509 ) Share of Adjusted EBITDA from equity-accounted investments — — — — — — — — — — — 155 13 168 Adjusted EBITDA 371 82 61 93 26 9 11 95 20 19 787 — 348 Management service costs — — — — — — — — — (67 ) (67 ) — — (67 ) Interest expense (68 ) (8 ) (14 ) (34 ) (5 ) (2 ) (4 ) (37 ) (5 ) (40 ) (217 ) 57 (156 ) (316 ) Current income taxes (2 ) (4 ) (3 ) (1 ) — (1 ) — (3 ) (1 ) — (15 ) 7 (8 ) (16 ) Distributions attributable to Preferred limited partners equity — — — — — — — — — (26 ) (26 ) — — (26 ) Preferred equity — — — — — — — — — (13 ) (13 ) — — (13 ) Share of interest and cash taxes from equity accounted investments — — — — — — — — — — — (64 ) (8 ) (72 ) Share of Funds From Operations attributable to non-controlling interests — — — — — — — — — — — — (176 ) (176 ) Funds From Operations 301 70 44 58 21 6 7 55 14 (127 ) 449 — — Depreciation (117 ) (36 ) (11 ) (79 ) (22 ) (7 ) (4 ) (42 ) (10 ) (2 ) (330 ) 91 (159 ) (398 ) Foreign exchange and unrealized financial instrument loss (14 ) 7 (1 ) (5 ) (11 ) — (1 ) (12 ) (4 ) (3 ) (44 ) 19 31 6 Deferred income tax expense (22 ) 1 (3 ) (2 ) 1 — 1 (2 ) — 20 (6 ) 7 10 11 Other (62 ) (8 ) 5 1 (1 ) (2 ) 1 (19 ) — (10 ) (95 ) 12 58 (25 ) Share of earnings from equity-accounted investments — — — — — — — — — — — (129 ) 2 (127 ) Net loss attributable to non-controlling interests — — — — — — — — — — — — 58 58 Net income (loss) attributable to Unitholders (2) 86 34 34 (27 ) (12 ) (3 ) 4 (20 ) — (122 ) (26 ) — — (26 ) (1) Share of loss from equity-accounted investments of $31 million is comprised of amounts found on the share of Adjusted EBITDA, share of interest and cash taxes and share of earnings lines. Net income attributable to participating non-controlling interests – in operating subsidiaries of $118 million is comprised of amounts found on Share of Funds From Operations attributable to non-controlling interests and Net Income attributable to non-controlling interests. (2) Net income (loss) attributable to Unitholders includes net income (loss) attributable to GP interest, Redeemable/Exchangeable partnership units and LP Units. Total net income (loss) includes amounts attributable to Unitholders, non-controlling interests, preferred limited partners equity and preferred equity. The following table provides each segment's results in the format that management organizes its segments to make operating decisions and assess performance and reconciles Brookfield Renewable's proportionate results to the consolidated statements of income on a line by line basis by aggregating the components comprising the earnings from Brookfield Renewable's investments in associates and reflecting the portion of each line item attributable to non-controlling interests for the six months ended June 30, 2019 : Attributable to Unitholders Contribution Attributable As per (1) Hydroelectric Wind Solar Storage & Other Corporate Total (MILLIONS) North Brazil Colombia North Europe Brazil Asia Revenues 539 123 118 121 50 16 5 89 45 — 1,106 (189 ) 695 1,612 Other income 9 3 — 2 1 — — 2 — 4 21 (6 ) 10 25 Direct operating costs (142 ) (35 ) (45 ) (35 ) (16 ) (5 ) (2 ) (17 ) (24 ) (11 ) (332 ) 56 (230 ) (506 ) Share of Adjusted EBITDA from equity-accounted investments — — — — — — — — — — — 139 12 151 Adjusted EBITDA 406 91 73 88 35 11 3 74 21 (7 ) 795 — 487 Management service costs — — — — — — — — — (44 ) (44 ) — — (44 ) Interest expense (80 ) (12 ) (16 ) (35 ) (7 ) (4 ) (1 ) (29 ) (7 ) (49 ) (240 ) 50 (161 ) (351 ) Current income taxes (6 ) (6 ) (6 ) (1 ) — (1 ) — — — — (20 ) 1 (20 ) (39 ) Distributions attributable to Preferred limited partners equity — — — — — — — — — (21 ) (21 ) — — (21 ) Preferred equity — — — — — — — — — (13 ) (13 ) — — (13 ) Share of interest and cash taxes from equity-accounted investments — — — — — — — — — — — (51 ) (9 ) (60 ) Share of Funds From Operations attributable to non-controlling interests — — — — — — — — — — — — (297 ) (297 ) Funds From Operations 320 73 51 52 28 6 2 45 14 (134 ) 457 — — Depreciation (111 ) (44 ) (10 ) (79 ) (23 ) (9 ) (2 ) (28 ) (12 ) (2 ) (320 ) 69 (149 ) (400 ) Foreign exchange and unrealized financial instrument loss 3 3 (1 ) (1 ) (9 ) (1 ) — 4 (1 ) (28 ) (31 ) 5 (4 ) (30 ) Deferred income tax expense (40 ) 2 (4 ) 17 6 — (1 ) 16 — 18 14 (36 ) (12 ) (34 ) Other (26 ) (1 ) 1 (7 ) (2 ) 5 2 (24 ) — (8 ) (60 ) 21 36 (3 ) Share of earnings from equity-accounted investments — — — — — — — — — — — (59 ) — (59 ) Net loss attributable to non-controlling interests — — — — — — — — — — — — 129 129 Net income (loss) attributable to Unitholders (2) 146 33 37 (18 ) — 1 1 13 1 (154 ) 60 — — 60 (1) Share of loss from equity-accounted investments of $32 million is comprised of amounts found on the share of Adjusted EBITDA, share of interest and cash taxes and share of earnings lines. Net income attributable to participating non-controlling interests - in operating subsidiaries of $168 million is comprised of amounts found on Share of Funds From Operations attributable to non-controlling interests and Net Income attributable to non-controlling interests. (2) Net income (loss) attributable to Unitholders includes net income (loss) attributable to GP interest, Redeemable/Exchangeable partnership units and LP Units. Total net income (loss) includes amounts attributable to Unitholders, non-controlling interests, preferred limited partners equity and preferred equity. The following table presents information on a segmented basis about certain items in Brookfield Renewable's statements of financial position: Attributable to Unitholders Contribution from equity-accounted investments Attributable As per Hydroelectric Wind Solar Storage & Other Corporate Total (MILLIONS) North Brazil Colombia North Europe Brazil Asia As at June 30, 2020 Cash and cash equivalents $ 23 $ 13 $ 26 $ 22 $ 12 $ 2 $ 5 $ 70 $ 12 $ 8 $ 193 $ (101 ) $ 137 $ 229 Property, plant and equipment 11,401 1,407 1,536 2,443 649 266 173 2,168 710 — 20,753 (4,289 ) 12,063 28,527 Total assets 12,166 1,545 1,774 2,579 733 282 218 2,376 751 255 22,679 (3,102 ) 13,748 33,325 Total borrowings 3,186 158 413 1,265 319 66 121 1,383 223 2,129 9,263 (2,306 ) 3,929 10,886 Other liabilities 2,893 102 434 556 112 8 23 345 40 446 4,959 (771 ) 2,077 6,265 For the six months ended June 30, 2020: Additions to property, plant and equipment 226 15 1 4 4 1 — 20 6 1 278 (14 ) 137 401 As at December 31, 2019 Cash and cash equivalents $ 10 $ 7 $ 10 $ 18 $ 21 $ 2 $ 5 $ 63 $ 6 $ 1 $ 143 $ (89 ) $ 61 $ 115 Property, plant and equipment 11,488 1,938 1,773 2,556 628 368 187 2,018 732 — 21,688 (4,147 ) 13,173 30,714 Total assets 12,218 2,126 2,027 2,705 692 391 233 2,266 780 103 23,541 (2,872 ) 15,022 35,691 Total borrowings 3,070 208 449 1,221 326 71 124 1,470 235 2,107 9,281 (2,157 ) 3,880 11,004 Other liabilities 2,877 148 499 597 100 10 28 335 31 248 4,873 (715 ) 2,398 6,556 For the six months ended June 30, 2019: Additions to property, plant and equipment 21 1 12 12 2 — — — 8 1 57 (13 ) 24 68 Geographical Information The following table presents consolidated revenue split by geographical region for the three and six months ended June 30 : Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 United States $ 231 $ 294 $ 530 $ 596 Colombia 189 231 436 488 Canada 97 97 187 181 Brazil 71 99 156 199 Europe 16 27 43 69 Asia 47 39 91 79 $ 651 $ 787 $ 1,443 $ 1,612 The following table presents consolidated property, plant and equipment and equity-accounted investments split by geographical region: (MILLIONS) June 30, 2020 December 31, 2019 United States $ 14,942 $ 14,952 Colombia 6,370 7,353 Canada 4,026 4,268 Brazil 2,659 3,631 Europe 1,455 1,539 Asia 854 860 $ 30,306 $ 32,603

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2020
Disclosure Of Income Taxes [Abstract]
INCOME TAXES	INCOME TAXES Brookfield Renewable's effective income tax rate was 3.7% for the six months ended June 30, 2020 ( 2019 : 21.8% ). The effective tax rate is different than the statutory rate primarily due to rate differentials and non-controlling interests' income not subject to tax.

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	6 Months Ended
	Jun. 30, 2020
Disclosure of detailed information about property, plant and equipment [abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT The following table presents a reconciliation of property, plant and equipment at fair value: (MILLIONS) Hydroelectric Wind Solar Storage & other (1) Total (2) As at December 31, 2019 $ 26,024 $ 4,258 $ 197 $ 235 $ 30,714 Additions (3) 316 12 72 1 401 Items recognized through OCI Foreign currency translation (1,777 ) (342 ) (5 ) (55 ) (2,179 ) Items recognized through net income Changes in fair value (4 ) (3 ) (4 ) — (11 ) Depreciation (254 ) (130 ) (7 ) (7 ) (398 ) As at June 30, 2020 (4) $ 24,305 $ 3,795 $ 253 $ 174 $ 28,527 (1) Includes biomass and cogeneration. (2) Includes intangible assets of $8 million ( 2019 : $10 million ) and assets under construction of $397 million ( 2019 : $334 million ). (3) Brookfield Renewable exercised the option to buy out the lease on its 192 MW hydroelectric facility in Louisiana and recognized an $247 million adjustment to its corresponding right-of-use asset. (4) Includes right-of-use assets not subject to revaluation of $63 million (2019: $71 million ) in our hydroelectric segment, $50 million (2019: $51 million ) in our wind segment, $1 million (2019: nil ) in our solar segment, and $3 million (2019: $3 million ) in our storage & other segment.

BORROWINGS

BORROWINGS	6 Months Ended
	Jun. 30, 2020
Disclosure of detailed information about borrowings [abstract]
BORROWINGS	BORROWINGS Corporate Borrowings The composition of corporate borrowings is presented in the following table: June 30, 2020 December 31, 2019 Weighted-average Weighted- average (MILLIONS EXCEPT AS NOTED) Interest Term Carrying value Estimated fair value Interest rate (%) Term (years) Carrying value Estimated fair value Credit facilities N/A 4 $ — $ — 2.9 5 $ 299 $ 299 Commercial paper 0.6 < 1 140 140 N/A N/A N/A N/A Medium Term Notes: Series 4 (C$150) 5.8 16 110 143 5.8 17 115 142 Series 8 (C$400) 4.8 2 295 310 4.8 2 308 324 Series 9 (C$400) 3.8 5 295 318 3.8 5 308 322 Series 10 (C$500) 3.6 7 368 402 3.6 7 384 400 Series 11 (C$475) 4.3 9 350 397 4.3 9 231 248 Series 12 (C$475) 3.4 10 350 372 3.4 10 231 232 Series 13 (C$300) 4.3 29 221 248 4.3 30 231 237 4.0 10 $ 1,989 $ 2,190 4.1 10 $ 1,808 $ 1,905 Total corporate borrowings 2,129 $ 2,330 2,107 $ 2,204 Add: Unamortized premiums (1) 6 — Less: Unamortized financing fees (1) (11 ) (7 ) Less: Current portion (140 ) — $ 1,984 $ 2,100 (1) Unamortized premiums and unamortized financing fees are amortized over the terms of the borrowing. Brookfield Renewable had $140 million commercial paper outstanding as at June 30, 2020 ( 2019 : nil ). The commercial paper program is supplemented by our $1.75 billion corporate credit facilities. Brookfield Renewable issues letters of credit from its corporate credit facilities for general corporate purposes which include, but are not limited to, security deposits, performance bonds and guarantees for reserve accounts. As at June 30, 2020 , there were no letters of credit issued that utilized the corporate credit facility (2019: nil ). Brookfield Renewable and its subsidiaries issue letters of credit from some of their credit facilities for general corporate and operating purposes which include, but are not limited to, security deposits, performance bonds and guarantees for debt service reserve accounts. See Note 17 – Commitments, contingencies and guarantees for letters of credit issued by subsidiaries. The following table summarizes the available portion of credit facilities: (MILLIONS) June 30, 2020 December 31, 2019 Authorized corporate credit facilities (1) $ 2,150 $ 2,150 Draws on corporate credit facilities (1) — (299 ) Authorized letter of credit facility 400 400 Issued letters of credit (258 ) (266 ) Available portion of corporate credit facilities $ 2,292 $ 1,985 (1) Amounts are guaranteed by Brookfield Renewable. Medium term notes Medium term notes are obligations of a finance subsidiary of Brookfield Renewable, Brookfield Renewable Partners ULC (“Finco”) (Note 19 – Subsidiary public issuers ). Finco may redeem some or all of the borrowings from time to time, pursuant to the terms of the indenture. The balance is payable upon maturity, and interest on corporate borrowings is paid semi-annually. The term notes payable by Finco are unconditionally guaranteed by Brookfield Renewable, Brookfield Renewable Energy L.P. (“BRELP”) and certain other subsidiaries. On April 3, 2020, Brookfield Renewable completed the issuance of C $175 million ( $124 million ) Series 11 medium term notes and C $175 million ( $124 million ) Series 12 medium term notes. The medium term notes were issued as a re-opening on identical terms, other than issue date and the price to the public, to the 4.25% Series 11 medium term notes and the 3.38% Series 12 medium term notes that were issued in September 2018 and 2019, respectively. Non-recourse borrowings Non-recourse borrowings are typically asset-specific, long-term, non-recourse borrowings denominated in the domestic currency of the subsidiary. Non-recourse borrowings in North America and Europe consist of both fixed and floating interest rate debt indexed to the London Interbank Offered Rate (“LIBOR”), the Euro Interbank Offered Rate ("EURIBOR") and the Canadian Dollar Offered Rate (“CDOR”). Brookfield Renewable uses interest rate swap agreements in North America and Europe to minimize its exposure to floating interest rates. Non-recourse borrowings in Brazil consist of floating interest rates of Taxa de Juros de Longo Prazo (“TJLP”), the Brazil National Bank for Economic Development’s long-term interest rate, or Interbank Deposit Certificate rate (“CDI”), plus a margin. Non-recourse borrowings in Colombia consist of both fixed and floating interest rates indexed to Indicador Bancario de Referencia rate (IBR), the Banco Central de Colombia short-term interest rate, and Colombian Consumer Price Index (IPC), Colombia inflation rate, plus a margin. Non-recourse borrowings in India consist of fixed interest rate debt. Non-recourse borrowings in China consist of floating interest rates of People's Bank of China ("PBOC"). The composition of non-recourse borrowings is presented in the following table: June 30, 2020 December 31, 2019 Weighted-average Weighted-average (MILLIONS EXCEPT AS NOTED) Interest Term Carrying Estimated Interest Term Carrying Estimated Non-recourse borrowings (1) Hydroelectric (2) 5.9 9 $ 6,569 $ 7,196 5.9 10 $ 6,616 $ 7,106 Wind 5.2 10 1,861 1,961 5.2 11 1,899 2,006 Solar 5.2 5 304 302 5.1 5 355 363 Storage & other 3.3 1 77 79 3.9 4 94 98 Total 5.7 9 $ 8,811 $ 9,538 5.7 10 $ 8,964 $ 9,573 Add: Unamortized premiums (3) 8 9 Less: Unamortized financing fees (3) (57 ) (69 ) Less: Current portion (1,190 ) (685 ) $ 7,572 $ 8,219 (1) Includes $117 million ( 2019 : $142 million ) borrowed under a subscription facility of a Brookfield sponsored private fund. (2) Includes a lease liability of $554 million associated with a hydroelectric facility included in property, plant and equipment, at fair value, which is subject to revaluation. During the quarter, Brookfield Renewable exercised the buy out option related to this lease liability. The transaction is expected to close in 2020. (3) Unamortized premiums and unamortized financing fees are amortized over the terms of the borrowing. In March 2020, Brookfield Renewable completed a refinancing of COP 200 billion ( $50 million ). The debt, drawn in two tranches, bears interest at the applicable base rate plus an average margin of 2.36% and matures in March 2027. In March 2020, Brookfield Renewable completed a refinancing totaling INR 1,460 million ( $20 million ) associated with a solar portfolio in India. A portion of the loan bears interest at the applicable base rate plus a margin of 1.45% and the remaining portion bears a fixed rate of 9.75% . The loans mature between 2032 to 2037. In May 2020, Brookfield Renewable completed a bridge financing totaling R $250 million ( $46 million ) associated with a solar development project in Brazil. The loan bears interest at a fixed rate of 5.3% and matures in 2021. In June 2020, Brookfield Renewable completed a financing totaling C $23 million ( $17 million ) associated with a hydroelectric facility in Canada. The loan bears interest at a fixed rate of 3.5% and matures in 2044.

NON-CONTROLLING INTERESTS

NON-CONTROLLING INTERESTS	6 Months Ended
	Jun. 30, 2020
Disclosure Of Detailed Information About Non-controlling Interests [Abstract]
NON-CONTROLLING INTERESTS	NON-CONTROLLING INTERESTS Brookfield Renewable`s non-controlling interests are comprised of the following: (MILLIONS) June 30, 2020 December 31, 2019 Participating non-controlling interests – in operating subsidiaries $ 7,813 $ 8,742 General partnership interest in a holding subsidiary held by Brookfield 58 68 Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield 2,816 3,315 Preferred equity 571 597 $ 11,258 $ 12,722 Participating non-controlling interests – in operating subsidiaries The net change in participating non-controlling interests – in operating subsidiaries is as follows: (MILLIONS) Brookfield Americas Infrastructure Fund Brookfield Infrastructure Fund II Brookfield Infrastructure Fund III Brookfield Infrastructure Fund IV Canadian Hydroelectric Portfolio The Catalyst Group Isagen institutional investors Isagen public non-controlling interests Other Total As at December 31, 2018 $ 900 $ 1,929 $ 2,469 $ — $ 276 $ 124 $ 2,212 $ 15 $ 204 $ 8,129 Net income (loss) — (13 ) 73 6 19 17 154 1 5 262 OCI 46 134 330 (3 ) 61 (41 ) 266 2 — 795 Capital contributions — — 2 159 268 — — (2 ) 3 430 Disposal — (87 ) — — — — — — (85 ) (172 ) Distributions (24 ) (120 ) (274 ) — (1 ) (11 ) (259 ) (1 ) (16 ) (706 ) Other — 8 (3 ) 1 (5 ) — 2 (2 ) 3 4 As at December 31, 2019 $ 922 $ 1,851 $ 2,597 $ 163 $ 618 $ 89 $ 2,375 $ 13 $ 114 $ 8,742 Net income (loss) (5 ) (6 ) 22 14 19 14 60 — — 118 OCI (38 ) (114 ) (283 ) 1 (26 ) — (312 ) (2 ) (14 ) (788 ) Capital contributions — 3 2 19 (18 ) — — — 2 8 Distributions (5 ) (25 ) (123 ) — — (9 ) (81 ) — (8 ) (251 ) Other 2 1 (14 ) (2 ) (1 ) (1 ) 2 (1 ) (2 ) (16 ) As at June 30, 2020 $ 876 $ 1,710 $ 2,201 $ 195 $ 592 $ 93 $ 2,044 $ 10 $ 92 $ 7,813 Interests held by third parties 75%-80% 43%-60% 23%-71% 75 % 50 % 25 % 53 % 0.3 % 20%-50% General partnership interest in a holding subsidiary held by Brookfield and Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield Brookfield, as the owner of the 1% general partnership interest in BRELP held by Brookfield (“GP interest”), is entitled to regular distributions plus an incentive distribution based on the amount by which quarterly distributions exceed specified target levels. To the extent that LP Unit distributions exceed $0.375 per LP Unit per quarter, the incentive is 15% of distributions above this threshold. To the extent that quarterly LP Unit distributions exceed $0.4225 per LP Unit, the incentive distribution is equal to 25% of distributions above this threshold. As at June 30, 2020 , general partnership units, and Redeemable/Exchangeable partnership units outstanding were 2,651,506 ( December 31, 2019 : 2,651,506 ) and 129,658,623 ( December 31, 2019 : 129,658,623 ), respectively. Distributions The composition of the distributions for the three and six months ended June 30 is presented in the following table: Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 General partnership interest in a holding subsidiary held by Brookfield $ 2 $ 1 $ 3 $ 3 Incentive distribution 15 12 31 25 17 13 34 28 Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield 70 67 142 135 $ 87 $ 80 $ 176 $ 163 Preferred equity Brookfield Renewable`s preferred equity consists of Class A Preference Shares of Brookfield Renewable Power Preferred Equity Inc. ("BRP Equity") as follows: (MILLIONS EXCEPT AS NOTED) Shares Cumulative Earliest Distributions declared for the six months ended June 30 Carrying value as at 2020 2019 June 30, 2020 December 31, 2019 Series 1 (C$136) 5.45 3.36 Apr 2020 $ 2 $ 2 $ 100 $ 105 Series 2 (C$113) (1) 4.51 2.85 Apr 2020 2 2 82 86 Series 3 (C$249) 9.96 4.40 Jul 2019 4 4 183 192 Series 5 (C$103) 4.11 5.00 Apr 2018 2 2 76 79 Series 6 (C$175) 7.00 5.00 Jul 2018 3 3 130 135 31.03 $ 13 $ 13 $ 571 $ 597 (1) Dividend rate represents annualized distribution based on the most recent quarterly floating rate. The Class A Preference Shares do not have a fixed maturity date and are not redeemable at the option of the holders. As at June 30, 2020 , none of the issued Class A Preference Shares have been redeemed by BRP Equity. Class A Preference Shares – Normal Course Issuer Bid In July 2020, the Toronto Stock Exchange accepted notice of BRP Equity's intention to renew the normal course issuer in connection with its outstanding Class A Preference Shares for another year to July 8, 2021, or earlier should the repurchases be completed prior to such date. Under this normal course issuer bid, it is permitted to repurchase up to 10% of the total public float for each respective series of the Class A Preference Shares. Unitholders may receive a copy of the notice, free of charge, by contacting Brookfield Renewable. No shares were repurchased during the six months ended June 30, 2020 .

PREFERRED LIMITED PARTNERS' EQU

PREFERRED LIMITED PARTNERS' EQUITY	6 Months Ended
	Jun. 30, 2020
Disclsoure of Preferred Limited Partners Equity [Abstract]
PREFERRED LIMITED PARTNERS' EQUITY	PREFERRED LIMITED PARTNERS' EQUITY Brookfield Renewable’s preferred limited partners’ equity comprises of Class A Preferred LP Units as follows: (MILLIONS, EXCEPT AS NOTED) Shares outstanding Cumulative distribution rate (%) Earliest permitted redemption date Distributions declared for the six months ended June 30 Carrying value as at 2020 2019 June 30, 2020 December 31, 2019 Series 5 (C$72) 2.89 5.59 Apr 2018 $ 1 $ 2 $ 49 $ 49 Series 7 (C$175) 7.00 5.50 Jan 2021 4 4 128 128 Series 9 (C$200) 8.00 5.75 Jul 2021 4 4 147 147 Series 11 (C$250) 10.00 5.00 Apr 2022 5 5 187 187 Series 13 (C$250) 10.00 5.00 Apr 2023 5 4 196 196 Series 15 (C$175) 7.00 5.75 Apr 2024 4 2 126 126 Series 17 ($200) 8.00 5.25 Mar 2025 3 — $ 195 $ — 52.89 $ 26 $ 21 $ 1,028 $ 833 On February 24, 2020, Brookfield Renewable issued 8,000,000 Class A Preferred Limited Partnership Units, Series 17 (the “Series 17 Preferred Units”) at a price of $25 per unit for gross proceeds of $200 million . Brookfield Renewable incurred $5 million in related transaction costs inclusive of fees paid to underwriters. The holders of the Series 17 Preferred Units are entitled to receive a cumulative quarterly fixed distribution yielding 5.25% . As at June 30, 2020, none of the Class A, Series 5 Preferred Limited Partnership Units have been redeemed. In July 2020, the Toronto Stock Exchange accepted notice of Brookfield Renewable's intention to renew the normal course issuer bid in connection with the outstanding Class A Preferred Limited Partnership Units for another year to July 8, 2021, or earlier should the repurchases be completed prior to such date. Under this normal course issuer bid, Brookfield Renewable is permitted to repurchase up to 10% of the total public float for each respective series of its Class A Preference Units. Unitholders may receive a copy of the notice, free of charge, by contacting Brookfield Renewable. No shares were repurchased during the six months ended June 30, 2020.

LIMITED PARTNERS' EQUITY

LIMITED PARTNERS' EQUITY	6 Months Ended
	Jun. 30, 2020
Disclosure of limited partners equity [Abstract]
LIMITED PARTNERS' EQUITY	LIMITED PARTNERS' EQUITY Limited partners’ equity As at June 30, 2020 , 179,047,436 LP Units were outstanding ( December 31, 2019 : 178,977,800 LP Units) including 45,832,944 LP Units ( December 31, 2019 : 56,068,944 LP Units) held by Brookfield. Brookfield owns all general partnership interests in Brookfield Renewable representing a 0.01% interest. During the second quarter of 2020, certain affiliates of Brookfield Asset Management completed a secondary offering of 10,236,000 LP Units at a price of $48.85 per LP Unit, for gross proceeds of $500 million . Brookfield Renewable did not sell LP Units in the offering and will not receive any of the proceeds from the offering of LP Units. During the three and six months ended June 30, 2020 , 30,458 and 69,636 LP Units ( 2019 : 54,749 and 105,248 LP Units) were issued under the distribution reinvestment plan at a total cost of $1 million and $3 million , respectively ( 2019 : $1 million and $3 million ). As at June 30, 2020 , Brookfield Asset Management’s direct and indirect interest of 175,491,567 LP Units and Redeemable/Exchangeable partnership units represents approximately 57% of Brookfield Renewable on a fully-exchanged basis and the remaining approximate 43% is held by public investors. On an unexchanged basis, Brookfield holds a 26% direct limited partnership interest in Brookfield Renewable, a 42% direct interest in BRELP through the ownership of Redeemable/Exchangeable partnership units and a direct 1% GP interest in BRELP as at June 30, 2020 . In December 2019, Brookfield Renewable commenced a normal course issuer bid in connection with its LP Units. Under this normal course issuer bid Brookfield Renewable is permitted to repurchase up to 8.9 million LP Units, representing approximately 5% of the issued and outstanding LP Units, for capital management purposes. The bid will expire on December 11, 2020, or earlier should Brookfield Renewable complete its repurchases prior to such date. There were no LP units repurchased during the three and six months ended June 30, 2020 . During the six months ended June 30, 2019 , there were 20,000 LP Units repurchased at a total cost of $1 million . Distributions The composition of the limited partners' equity distributions for the three and six months ended June 30 is presented in the following table: Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 Brookfield $ 29 $ 29 $ 60 $ 58 External LP Unitholders 68 63 136 127 $ 97 $ 92 $ 196 $ 185 In January 2020, Unitholder distributions were increased to $2.17 per LP Unit on an annualized basis, an increase of $0.11 per LP Unit, which took effect with the distribution payable in March 2020.

EQUITY-ACCOUNTED INVESTMENTS

EQUITY-ACCOUNTED INVESTMENTS	6 Months Ended
	Jun. 30, 2020
Disclosure Of Detailed Information About Equity-Accounted Investments [Abstract]
EQUITY-ACCOUNTED INVESTMENTS	EQUITY-ACCOUNTED INVESTMENTS The following are Brookfield Renewable’s equity-accounted investments for the six months ended June 30, 2020 : (MILLIONS) Opening balance $ 1,889 Acquisition 15 Share of net income (loss) (31 ) Share of other comprehensive income (8 ) Dividends received (42 ) Foreign exchange translation and other (44 ) Ending balance $ 1,779 The following table summarizes gross revenues and net income of equity-accounted investments in aggregate: Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 Revenue $ 371 $ 356 $ 755 $ 715 Net income (loss) (81 ) (9 ) (153 ) 101 Share of net income (loss) (1) (15 ) — (31 ) 32 (1) Brookfield Renewable's ownership interest in these entities ranges from 14% to 50% . The following table summarizes gross assets and liabilities of equity-accounted investments in aggregate at 100%: (MILLIONS) June 30, 2020 December 31, 2019 Current assets $ 1,118 $ 1,102 Property, plant and equipment 16,938 16,256 Other assets 537 571 Current liabilities 1,303 1,279 Non-recourse borrowings 7,905 7,365 Other liabilities 3,153 2,580

CASH AND CASH EQUIVALENTS

CASH AND CASH EQUIVALENTS	6 Months Ended
	Jun. 30, 2020
Disclosure Of Detailed Information About Cash And Cash Equivalents [Abstract]
CASH AND CASH EQUIVALENTS	CASH AND CASH EQUIVALENTS Brookfield Renewable’s cash and cash equivalents are as follows: (MILLIONS) June 30, 2020 December 31, 2019 Cash $ 216 $ 103 Short-term deposits 13 12 $ 229 $ 115

RESTRICTED CASH

RESTRICTED CASH	6 Months Ended
	Jun. 30, 2020
Disclosure Of Detailed Information About Restricted Cash [Abstract]
RESTRICTED CASH	RESTRICTED CASH Brookfield Renewable’s restricted cash is as follows: (MILLIONS) June 30, 2020 December 31, 2019 Operations $ 104 $ 87 Credit obligations 81 69 Development projects 48 17 Total 233 173 Less: non-current (11 ) (19 ) Current $ 222 $ 154

TRADE RECEIVABLES AND OTHER CUR

TRADE RECEIVABLES AND OTHER CURRENT ASSETS	6 Months Ended
	Jun. 30, 2020
Disclosure Trade Receivables and Other Current Assets [Abstract]
TRADE RECEIVABLES AND OTHER CURRENT ASSETS	TRADE RECEIVABLES AND OTHER CURRENT ASSETS Brookfield Renewable's trade receivables and other current assets are as follows: (MILLIONS) June 30, 2020 December 31, 2019 Trade receivables $ 333 $ 406 Prepaids and other 82 119 Other short-term receivables 139 142 Current portion of contract asset 50 51 $ 604 $ 718 Brookfield Renewable receives payment monthly for invoiced PPA revenues and has no significant aged receivables as of the reporting date. Receivables from contracts with customers are reflected in Trade receivables.

ACCOUNTS PAYABLE AND ACCRUED LI

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	6 Months Ended
	Jun. 30, 2020
Disclosure Accounts Payable and Accured Liabilities [Abstract]
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	ACCOUNTS PAYABLE AND ACCRUED LIABILITIES Brookfield Renewable's accounts payable and accrued liabilities are as follows: (MILLIONS) June 30, 2020 December 31, 2019 Operating accrued liabilities $ 207 $ 237 Accounts payable 76 111 Interest payable on borrowings 71 73 Deferred consideration 39 60 LP Unitholders distributions, preferred limited partnership unit distributions and preferred dividends payable (1) 39 33 Current portion of lease liabilities 15 15 Other 77 61 $ 524 $ 590 (1) Includes amounts payable only to external LP Unitholders. Amounts payable to Brookfield are included in due to related parties.

COMMITMENTS, CONTINGENCIES AND

COMMITMENTS, CONTINGENCIES AND GUARANTEES	6 Months Ended
	Jun. 30, 2020
Disclosure Commitments Contingencies and Guarantess [Abstract]
COMMITMENTS, CONTINGENCIES AND GUARANTEES	COMMITMENTS, CONTINGENCIES AND GUARANTEES Commitments In the course of its operations, Brookfield Renewable and its subsidiaries have entered into agreements for the use of water, land and dams. Payment under those agreements varies with the amount of power generated. The various agreements can be renewed and are extendable up to 2089 . Together with institutional partners, Brookfield Renewable is committed to invest C $400 million in TransAlta's convertible securities in October 2020. We also agreed, subject to certain terms and conditions, to maintain an ownership of TransAlta common shares to 9% up to a price ceiling. Brookfield Renewable, alongside institutional partners, entered into a commitment to invest approximately $37 million to acquire a 210 MW solar development portfolio in Brazil. The transaction is expected to close in the third quarter of 2020, subject to customary closing conditions, with Brookfield Renewable expected to hold a 25% interest. Subsequent to quarter end, Brookfield Renewable , alongside institutional partners, entered into a commitment to acquire a 1,200 MW solar development portfolio in Brazil for approximately $50 million , which are targeted for commercial operations in early 2023. The transaction is expected to close in the fourth quarter of 2020, subject to customary closing conditions, with Brookfield Renewable expected to hold a 25% interest. An integral part of Brookfield Renewable’s strategy is to participate with institutional investors in Brookfield-sponsored private equity funds that target acquisitions that suit Brookfield Renewable’s profile. In the normal course of business, Brookfield Renewable has made commitments to Brookfield-sponsored private equity funds to participate in these target acquisitions in the future, if and when identified. Contingencies Brookfield Renewable and its subsidiaries are subject to various legal proceedings, arbitrations and actions arising in the normal course of business. While the final outcome of such legal proceedings and actions cannot be predicted with certainty, it is the opinion of management that the resolution of such proceedings and actions will not have a material impact on Brookfield Renewable’s consolidated financial position or results of operations. Brookfield Renewable, on behalf of Brookfield Renewable’s subsidiaries, and the subsidiaries themselves have provided letters of credit, which include, but are not limited to, guarantees for debt service reserves, capital reserves, construction completion and performance. The activity on the issued letters of credit by Brookfield Renewable can be found in Note 8 – Borrowings. Brookfield Renewable, along with institutional investors, has provided letters of credit, which include, but are not limited to, guarantees for debt service reserves, capital reserves, construction completion and performance as it relates to interests in the Brookfield Americas Infrastructure Fund, the Brookfield Infrastructure Fund II, the Brookfield Infrastructure Fund III, and the Brookfield Infrastructure Fund IV. Brookfield Renewable’s subsidiaries have similarly provided letters of credit, which include, but are not limited to, guarantees for debt service reserves, capital reserves, construction completion and performance. Letters of credit issued by Brookfield Renewable along with institutional investors and its subsidiaries were as at the following dates: (MILLIONS) June 30, 2020 December 31, 2019 Brookfield Renewable along with institutional investors $ 48 $ 50 Brookfield Renewable's subsidiaries 248 286 $ 296 $ 336 Guarantees In the normal course of operations, Brookfield Renewable and its subsidiaries execute agreements that provide for indemnification and guarantees to third parties of transactions such as business dispositions, capital project purchases, business acquisitions, and sales and purchases of assets and services. Brookfield Renewable has also agreed to indemnify its directors and certain of its officers and employees. The nature of substantially all of the indemnification undertakings prevents Brookfield Renewable from making a reasonable estimate of the maximum potential amount that Brookfield Renewable could be required to pay third parties as the agreements do not always specify a maximum amount and the amounts are dependent upon the outcome of future contingent events, the nature and likelihood of which cannot be determined at this time. Historically, neither Brookfield Renewable nor its subsidiaries have made material payments under such indemnification agreements.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2020
Related party transactions [abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS Brookfield Renewable`s related party transactions are recorded at the exchange amount. Brookfield Renewable`s related party transactions are primarily with Brookfield Asset Management. Brookfield Asset Management has provided a $400 million committed unsecured revolving credit facility maturing in December 2020 and the interest rate applicable on the draws is LIBOR plus up to 1.8% . During the current period, there were no draws on the committed unsecured revolving credit facility provided by Brookfield Asset Management. Brookfield Asset Management may from time to time place funds on deposit with Brookfield Renewable which are repayable on demand including any interest accrued. There were no funds placed on deposit with Brookfield Renewable in six months ended June 30, 2020 (2019: $600 million , which was fully repaid within the period). There was no interest expense on the Brookfield Asset Management revolving credit facility or deposit for the three and six months ended June 30, 2020 (2019: nil and $3 million ). The following table reflects the related party agreements and transactions for the three and six months ended June 30 in the interim consolidated statements of income: Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 Revenues Power purchase and revenue agreements $ 84 $ 209 $ 180 $ 368 Wind levelization agreement — — — 1 $ 84 $ 209 $ 180 $ 369 Direct operating costs Energy purchases $ — $ (2 ) $ — $ (5 ) Energy marketing fee (2 ) (6 ) (2 ) (12 ) Insurance services (1) (6 ) (7 ) (12 ) (14 ) $ (8 ) $ (15 ) $ (14 ) $ (31 ) Interest expense Borrowings $ — $ — $ — $ (3 ) Contract balance accretion (4 ) (3 ) $ (8 ) $ (5 ) $ (4 ) $ (3 ) $ (8 ) $ (8 ) Management service costs $ (36 ) $ (23 ) $ (67 ) $ (44 ) (1) Insurance services are paid to a subsidiary of Brookfield Asset Management that brokers external insurance providers on behalf of Brookfield Renewable. The fees paid to the subsidiary of Brookfield Asset Management for the three and six months ended June 30, 2020 were less than $1 million (2019: less than $1 million ).

SUBSIDIARY PUBLIC ISSUERS

SUBSIDIARY PUBLIC ISSUERS	6 Months Ended
	Jun. 30, 2020
Disclosure of subsidiaries [abstract]
SUBSIDIARY PUBLIC ISSUERS	SUBSIDIARY PUBLIC ISSUERS The following tables provide consolidated summary financial information for Brookfield Renewable, BRP Equity, and Finco: (MILLIONS) Brookfield Renewable (1) BRP Equity Finco Holding Entities (1)(2) Other Subsidiaries (1)(3) Consolidating adjustments (4) Brookfield Renewable consolidated As at June 30, 2020 Current assets $ 36 $ 390 $ 2,016 $ 250 $ 3,313 $ (4,595 ) $ 1,410 Long-term assets 4,936 240 2 22,708 32,152 (28,123 ) 31,915 Current liabilities 45 6 26 4,232 2,455 (4,593 ) 2,171 Long-term liabilities — — 1,984 139 13,500 (643 ) 14,980 Participating non-controlling interests – in operating subsidiaries — — — — 7,813 — 7,813 Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield — — — 2,816 — — 2,816 Preferred equity — 571 — — — — 571 Preferred limited partners' equity 1,028 — — 1,039 — (1,039 ) 1,028 As at December 31, 2019 Current assets $ 32 $ 408 $ 1,832 $ 133 $ 3,230 $ (4,161 ) $ 1,474 Long-term assets 5,428 251 2 25,068 34,500 (31,032 ) 34,217 Current liabilities 40 7 24 3,918 1,852 (4,163 ) 1,678 Long-term liabilities — — 1,801 300 14,440 (659 ) 15,882 Participating non-controlling interests – in operating subsidiaries — — — — 8,742 — 8,742 Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield — — — 3,315 — — 3,315 Preferred equity — 597 — — — — 597 Preferred limited partners' equity 833 — — 844 — (844 ) 833 (1) Includes investments in subsidiaries under the equity method. (2) Includes BRELP, BRP Bermuda Holdings I Limited, Brookfield BRP Holdings (Canada) Inc., Brookfield BRP Europe Holdings Limited and Brookfield Renewable Investments Limited, together the "Holding Entities". (3) Includes subsidiaries of Brookfield Renewable, other than BRP Equity, Finco and the Holding Entities. (4) Includes elimination of intercompany transactions and balances necessary to present Brookfield Renewable on a consolidated basis. (MILLIONS) Brookfield Renewable (1) BRP Equity Finco Holding Entities (1)(2) Other Subsidiaries (1)(3) Consolidating adjustments (4) Brookfield Renewable consolidated Three months ended June 30, 2020 Revenues $ — $ — $ — $ — $ 651 $ — $ 651 Net income (loss) (11 ) — 1 28 358 (365 ) 11 Three months ended June 30, 2019 Revenues $ — $ — $ — $ 1 $ 786 $ — $ 787 Net income (loss) 21 — — 44 414 (370 ) 109 Six months ended June 30, 2020 Revenues $ — $ — $ — $ — $ 1,443 $ — $ 1,443 Net income (loss) 11 — 1 (35 ) 690 (536 ) 131 Six months ended June 30, 2019 Revenues $ — $ — $ — $ — $ 1,612 $ — $ 1,612 Net income (loss) 56 — 2 55 746 (597 ) 262 (1) Includes investments in subsidiaries under the equity method. (2) Includes the Holding Entities. (3) Includes subsidiaries of Brookfield Renewable, other than BRP Equity, Finco, and the Holding Entities. (4) Includes elimination of intercompany transactions and balances necessary to present Brookfield Renewable on a consolidated basis. See Note 8 – Borrowings for additional details regarding the medium-term borrowings issued by Finco. See Note 9 – Non-controlling interests for additional details regarding Class A Preference Shares issued by BRP Equity.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2020
Disclosure of events after reporting period [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On July 29, 2020, Brookfield Renewable contributed its renewable power assets in the United States, Brazil and Colombia (excluding a 10% interest in certain Brazilian and Colombian operations, which will continue to be held indirectly by Brookfield Renewable) to BEPC. On July 30, 2020, Brookfield Renewable completed a special distribution (the “special distribution”) whereby unitholders of record as of July 27, 2020 (the “Record Date”) received one class A exchangeable subordinate voting share (“BEPC exchangeable share") for every four units held. Immediately prior to the special distribution, Brookfield Renewable received BEPC exchangeable shares through a distribution by BRELP (the "BRELP" distribution) of the BEPC exchangeable shares to all of its unitholders. As a result of the BRELP Distribution, (i) Brookfield and its subsidiaries received approximately 33.1 million BEPC exchangeable shares and (ii) Brookfield Renewable received approximately 44.7 million class A shares, which it subsequently distributed to unitholders pursuant to the special distribution. Upon completion of the special distribution, (i) holders of units held approximately 42.8% of the issued and outstanding BEPC exchangeable shares (ii) Brookfield and its affiliates held approximately 57.2% of the issued and outstanding BEPC exchangeable shares, and (iii) a subsidiary of Brookfield Renewable owned all of the issued and outstanding class B multiple voting shares, or class B shares, which represent a 75.0% voting interest in BEPC, and all of the issued and outstanding class C non-voting shares, or class C shares, of BEPC, which entitle Brookfield Renewable to the residual value in BEPC after payment in full of the amount due to holders of BEPC exchangeable shares and class B shares. Brookfield Renewable directly and indirectly controlled BEPC prior to the special distribution and continues to control BEPC subsequent to the special distribution through its interests in the company. The BEPC exchangeable shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol “BEPC”. The thresholds used for the calculation of incentive distribution rights that Brookfield is entitled to as the owner of the 1% GP interest in BRELP will be reduced on the completion of the special distribution to give effect to the special distribution, to $0.300 and $0.338 , respectively. On July 31, 2020, shortly following the special distribution, Brookfield Renewable acquired all of the outstanding Class A common stock of TerraForm Power, other than the approximately 62% already owned by Brookfield Renewable and its affiliates, through a series of transactions (the "TerraForm Power acquisition"). Pursuant to the TerraForm Power acquisition, each holder of public shares of TerraForm Power was entitled to receive 0.47625 of a BEPC exchangeable share or, at the election of the holder, a LP Unit. As a result of the TerraForm Power acquisition, holders of public shares of TerraForm Power exchanged their shares for 37,035,241 exchangeable units of BEPC and 4,034,469 LP Units. After giving effect to the special distribution and the TERP acquisition, Brookfield and its affiliates, including Brookfield Renewable, through its ownership of BEPC exchangeable shares and class B shares, holds an approximate 84.7% voting interest in BEPC. Holders of BEPC exchangeable shares, excluding Brookfield and its affiliates and Brookfield Renewable, hold an approximate 15.3% aggregate voting interest in BEPC. Concurrently with the TerraForm Power acquisition, Brookfield Renewable entered into a voting agreement with Brookfield whereby Brookfield agreed to provide Brookfield Renewable with a number of voting rights, including the authority to direct the election of the Boards of Directors of the Brookfield entity that owns shares in TerraForm Power. As a result, Brookfield Renewable controls and consolidates TerraForm Power. Following the closing of the TerraForm Power acquisition, Brookfield Asset Management owns, directly and indirectly, 220,030,707 LP Units and Redeemable/Exchangeable partnership units and BEPC exchangeable shares, representing approximately 51.5% of Brookfield Renewable on a fully-exchanged basis and the remaining approximately 48.5% is held by public investors.

BASIS OF PREPARATION AND SIGN_2

BASIS OF PREPARATION AND SIGNIFICANT ACCOUNTING POLICIES (Policy)	6 Months Ended
	Jun. 30, 2020
BASIS OF PREPARATION AND SIGNIFICANT ACCOUNTING POLICIES [ABSTRACT]
Statement of compliance	Statement of compliance The interim consolidated financial statements have been prepared in accordance with IAS 34, Interim Financial Reporting. Certain information and footnote disclosures normally included in the annual audited consolidated financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”), as issued by the International Accounting Standards Board (“IASB”), have been omitted or condensed. These interim consolidated financial statements should be read in conjunction with Brookfield Renewable’s December 31, 2019 audited consolidated financial statements. The interim consolidated statements have been prepared on a basis consistent with the accounting policies disclosed in the December 31, 2019 audited consolidated financial statements. The interim consolidated financial statements are unaudited and reflect adjustments (consisting of normal recurring adjustments) that are, in the opinion of management, necessary to provide a fair statement of results for the interim periods in accordance with IFRS. The results reported in these interim consolidated financial statements should not be regarded as necessarily indicative of results that may be expected for an entire year. The policies set out below are consistently applied to all periods presented, unless otherwise noted. These consolidated financial statements have been authorized for issuance by the Board of Directors of Brookfield Renewable’s general partner, BRPL, on August 7, 2020 . Certain comparative figures have been reclassified to conform to the current year’s presentation. References to $, C$, €, R$, COP, INR, and THB are to United States (“U.S.”) dollars, Canadian dollars, Euros, Brazilian reais, Colombian pesos, Indian Rupees, and Thai baht, respectively. All figures are presented in millions of U.S. dollars unless otherwise noted.
Basis of preparation	Basis of preparation The interim consolidated financial statements have been prepared on the basis of historical cost, except for the revaluation of property, plant and equipment and certain assets and liabilities which have been measured at fair value. Cost is recorded based on the fair value of the consideration given in exchange for assets.
Consolidation	Consolidation These interim consolidated financial statements include the accounts of Brookfield Renewable and its subsidiaries, which are the entities over which Brookfield Renewable has control. An investor controls an investee when it is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Non-controlling interests in the equity of Brookfield Renewable’s subsidiaries are shown separately in equity in the interim consolidated statements of financial position.
Recently adopted accounting standards	Recently adopted accounting standards Several amendments and interpretations apply for the first time in 2020, but do not have an impact on the consolidated financial statements of Brookfield Renewable. Brookfield Renewable has not early adopted any other standards, interpretations or amendments that have been issued but are not yet effective.

DISPOSAL OF ASSETS (Tables)

DISPOSAL OF ASSETS (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure Of Disposal Of Assets [Abstract]
Summary of Disposals	Summarized financial information relating to the disposal of the Thailand portfolio is shown below: (MILLIONS) Proceeds $ 94 Carrying value of net assets held for sale Assets 114 Liabilities (8 ) 106 Loss on disposal $ (12 )

ASSETS HELD FOR SALE (Tables)

ASSETS HELD FOR SALE (Tables)	6 Months Ended
	Jun. 30, 2020
Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]
Major items of assets and liabilities reclassified as held for sale, table	The following is a summary of the major items of assets and liabilities classified as held for sale: (MILLIONS) June 30, 2020 December 31, 2019 Assets Cash and cash equivalents $ 6 $ 14 Restricted cash 17 22 Trade receivables and other current assets 8 13 Property, plant and equipment 139 303 Assets held for sale $ 170 $ 352 Liabilities Current liabilities $ 12 $ 18 Long-term debt 58 73 Other long-term liabilities 24 46 Liabilities directly associated with assets held for sale $ 94 $ 137

RISK MANAGEMENT AND FINANCIAL_2

RISK MANAGEMENT AND FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2020
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS [Abstract]
Assets and liabilities measured and disclosed at fair value	The following table presents Brookfield Renewable's assets and liabilities measured and disclosed at fair value classified by the fair value hierarchy: June 30, 2020 December 31, 2019 (MILLIONS) Level 1 Level 2 Level 3 Total Total Assets measured at fair value: Cash and cash equivalents $ 229 $ — $ — $ 229 $ 115 Restricted cash (1) 233 — — 233 173 Financial instrument assets (2) Energy derivative contracts — 60 14 74 76 Foreign exchange swaps — 10 — 10 4 Investments in debt and equity securities 8 187 82 277 160 Property, plant and equipment — — 28,527 28,527 30,714 Liabilities measured at fair value: Financial instrument liabilities (2) Energy derivative contracts — (9 ) — (9 ) (8 ) Interest rate swaps — (198 ) — (198 ) (131 ) Foreign exchange swaps — (7 ) — (7 ) (39 ) Contingent consideration (3) — — (22 ) (22 ) (11 ) Assets for which fair value is disclosed: Equity-accounted investments (4) 1,211 — — 1,211 1,010 Liabilities for which fair value is disclosed: Corporate borrowings (2,190 ) (140 ) — (2,330 ) (2,204 ) Non-recourse borrowing (393 ) (9,145 ) — (9,538 ) (9,573 ) Total $ (902 ) $ (9,242 ) $ 28,601 $ 18,457 $ 20,286 (1) Includes both the current amount and long-term amount included in Other long-term assets. (2) Includes both current and long-term amounts. (3) Amount relates to acquisitions with obligations lapsing in 2021 to 2024. (4) The fair value corresponds to Brookfield Renewable's investment in publicly-quoted common shares of TerraForm Power, Inc.
Disclosure of offsetting of financial assets and financial liabilities	The aggregate amount of Brookfield Renewable's net financial instrument positions are as follows: June 30, 2020 December 31, 2019 (MILLIONS) Assets Liabilities Net Assets (Liabilities) Net Assets (Liabilities) Energy derivative contracts $ 74 $ 9 $ 65 $ 68 Interest rate swaps — 198 (198 ) (131 ) Foreign exchange swaps 10 7 3 (35 ) Investments in debt and equity securities 277 — 277 160 Total 361 214 147 62 Less: current portion 72 57 15 (64 ) Long-term portion $ 289 $ 157 $ 132 $ 126
Unrealized gains (losses) included in foreign exchange and unrealized financial instrument loss	The following table reflects the unrealized gains (losses) included in Foreign exchange and unrealized financial instrument loss in the interim consolidated statements of income for the three and six months ended June 30 : Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 Energy derivative contracts $ (22 ) $ 6 $ 2 $ 12 Interest rate swaps (17 ) (19 ) (39 ) (32 ) Foreign exchange swaps 25 (8 ) 79 (19 ) Foreign exchange gain (loss) — 9 (36 ) 9 $ (14 ) $ (12 ) $ 6 $ (30 )
Unrealized gains (losses) included in other comprehensive income	The following table reflects the gains (losses) included in other comprehensive income in the interim consolidated statements of comprehensive loss for the three and six months ended June 30 : Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 Energy derivative contracts $ (7 ) $ 25 $ 33 $ 38 Interest rate swaps (9 ) (19 ) (31 ) (36 ) Foreign exchange swaps $ — $ — $ — $ — (16 ) 6 2 2 Foreign exchange swaps – net investment (6 ) 7 23 1 Investments in debt and equity securities 1 (3 ) (8 ) 23 $ (21 ) $ 10 $ 17 $ 26
Reclassification adjustments recognized in net income	The following table reflects the reclassification adjustments recognized in net income in the interim consolidated statements of comprehensive loss for the three and six months ended June 30 : Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 Energy derivative contracts $ (16 ) $ (8 ) $ (38 ) $ (7 ) Interest rate swaps 4 4 7 7 $ (12 ) $ (4 ) $ (31 ) $ —

SEGMENTED INFORMATION (Tables)

SEGMENTED INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure Of Entity's Operating Segments [Abstract]
Summary of operating segments	The following table provides each segment's results in the format that management organizes its segments to make operating decisions and assess performance and reconciles Brookfield Renewable's proportionate results to the consolidated statements of income on a line by line basis by aggregating the components comprising the earnings from Brookfield Renewable's investments in associates and reflecting the portion of each line item attributable to non-controlling interests for the three months ended June 30, 2020 : Attributable to Unitholders Contribution from equity-accounted investments Attributable to non- controlling interests As per IFRS financials (1) Hydroelectric Wind Solar Storage & Other Corporate Total (MILLIONS) North America Brazil Colombia North America Europe Brazil Asia Revenues 217 39 45 56 15 7 7 61 19 — 466 (104 ) 289 651 Other income 19 6 6 2 3 1 2 11 1 28 79 (7 ) (49 ) 23 Direct operating costs (63 ) (10 ) (26 ) (13 ) (5 ) (2 ) (3 ) (13 ) (8 ) (6 ) (149 ) 25 (124 ) (248 ) Share of Adjusted EBITDA from equity-accounted investments — — — — — — — — — — — 86 5 91 Adjusted EBITDA 173 35 25 45 13 6 6 59 12 22 396 — 121 Management service costs — — — — — — — — — (36 ) (36 ) — — (36 ) Interest expense (29 ) (4 ) (7 ) (15 ) (3 ) (1 ) (2 ) (20 ) (3 ) (20 ) (104 ) 30 (80 ) (154 ) Current income taxes 1 (2 ) 1 (1 ) — — — (2 ) (1 ) — (4 ) 3 4 3 Distributions attributable to Preferred limited partners equity — — — — — — — — — (14 ) (14 ) — — (14 ) Preferred equity — — — — — — — — — (6 ) (6 ) — — (6 ) Share of interest and cash taxes from equity accounted investments — — — — — — — — — — — (33 ) (5 ) (38 ) Share of Funds From Operations attributable to non-controlling interests — — — — — — — — — — — — (40 ) (40 ) Funds From Operations 145 29 19 29 10 5 4 37 8 (54 ) 232 — — Depreciation (59 ) (16 ) (5 ) (37 ) (10 ) (3 ) (2 ) (20 ) (5 ) (1 ) (158 ) 43 (77 ) (192 ) Foreign exchange and unrealized financial instrument loss (32 ) — (6 ) (3 ) (8 ) — — (7 ) (5 ) 10 (51 ) 15 22 (14 ) Deferred income tax expense (2 ) — (2 ) — — — 1 (1 ) — 4 — 2 8 10 Other (42 ) (4 ) 5 — (1 ) (2 ) (1 ) (15 ) 1 (8 ) (67 ) 10 40 (17 ) Share of earnings from equity-accounted investments — — — — — — — — — — — (70 ) 2 (68 ) Net loss attributable to non-controlling interests — — — — — — — — — — — — 5 5 Net income (loss) attributable to Unitholders (2) 10 9 11 (11 ) (9 ) — 2 (6 ) (1 ) (49 ) (44 ) — — (44 ) (1) Share of loss from equity-accounted investments of $15 million is comprised of amounts found on the share of Adjusted EBITDA, share of interest and cash taxes and share of earnings lines. Net income attributable to participating non-controlling interests – in operating subsidiaries of $35 million is comprised of amounts found on Share of Funds From Operations attributable to non-controlling interests and Net loss attributable to non-controlling interests. (2) Net income (loss) attributable to Unitholders includes net income (loss) attributable to GP interest, Redeemable/Exchangeable partnership units and LP Units. Total net income (loss) includes amounts attributable to Unitholders, non-controlling interests, preferred limited partners equity and preferred equity. The following table provides each segment's results in the format that management organizes its segments to make operating decisions and assess performance and reconciles Brookfield Renewable's proportionate results to the consolidated statements of income on a line by line basis by aggregating the components comprising the earnings from Brookfield Renewable's investments in associates and reflecting the portion of each line item attributable to non-controlling interests for the three months ended June 30, 2019 : Attributable to Unitholders Contribution from equity-accounted investments Attributable to non- controlling interests As per IFRS financials (1) Hydroelectric Wind Solar Storage & Other Corporate Total (MILLIONS) North America Brazil Colombia North America Europe Brazil Asia Revenues 275 58 56 58 22 9 3 51 21 — 553 (98 ) 332 787 Other income 8 2 — — 1 — — 1 — 2 14 (2 ) 5 17 Direct operating costs (72 ) (18 ) (21 ) (18 ) (8 ) (3 ) (1 ) (10 ) (11 ) (5 ) (167 ) 27 (112 ) (252 ) Share of Adjusted EBITDA from equity-accounted investments — — — — — — — — — — — 73 5 78 Adjusted EBITDA 211 42 35 40 15 6 2 42 10 (3 ) 400 — 230 Management service costs — — — — — — — — — (23 ) (23 ) — — (23 ) Interest expense (39 ) (6 ) (8 ) (16 ) (4 ) (2 ) (1 ) (15 ) (3 ) (25 ) (119 ) 26 (85 ) (178 ) Current income taxes (4 ) (3 ) (2 ) (1 ) — — — — — — (10 ) — (5 ) (15 ) Distributions attributable to Preferred limited partners equity — — — — — — — — — (11 ) (11 ) — — (11 ) Preferred equity — — — — — — — — — (7 ) (7 ) — — (7 ) Share of interest and cash taxes from equity accounted investments — — — — — — — — — — — (26 ) (5 ) (31 ) Share of Funds From Operations attributable to non-controlling interests — — — — — — — — — — — — (135 ) (135 ) Funds From Operations 168 33 25 23 11 4 1 27 7 (69 ) 230 — — Depreciation (56 ) (22 ) (5 ) (39 ) (13 ) (5 ) (1 ) (15 ) (6 ) (1 ) (163 ) 36 (73 ) (200 ) Foreign exchange and unrealized financial instrument loss 1 4 (1 ) (1 ) (8 ) — — 4 — (12 ) (13 ) 4 (3 ) (12 ) Deferred income tax expense (23 ) 1 (2 ) 1 1 — — — — 12 (10 ) (1 ) (3 ) (14 ) Other (11 ) — — (6 ) (2 ) 5 2 (12 ) — (3 ) (27 ) 8 18 (1 ) Share of earnings from equity-accounted investments — — — — — — — — — — — (47 ) — (47 ) Net loss attributable to non-controlling interests — — — — — — — — — — — — 61 61 Net income (loss) attributable to Unitholders (2) 79 16 17 (22 ) (11 ) 4 2 4 1 (73 ) 17 — — 17 (1) Share of earnings from equity-accounted investments of nil is comprised of amounts found on the share of Adjusted EBITDA, share of interest and cash taxes and share of earnings lines. Net income attributable to participating non-controlling interests – in operating subsidiaries of $74 million is comprised of amounts found on Share of Funds From Operations attributable to non-controlling interests and Net loss attributable to non-controlling interests. (2) Net income (loss) attributable to Unitholders includes net income (loss) attributable to GP interest, Redeemable/Exchangeable partnership units and LP Units. Total net income (loss) includes amounts attributable to Unitholders, non-controlling interests, preferred limited partners equity and preferred equity. The following table provides each segment's results in the format that management organizes its segments to make operating decisions and assess performance and reconciles Brookfield Renewable's proportionate results to the consolidated statements of income on a line by line basis by aggregating the components comprising the earnings from Brookfield Renewable's investments in associates and reflecting the portion of each line item attributable to non-controlling interests for the six months ended June 30, 2020 : Attributable to Unitholders Contribution from equity-accounted investments Attributable to non- controlling interests As per IFRS financials (1) Hydroelectric Wind Solar Storage & Other Corporate Total (MILLIONS) North America Brazil Colombia North America Europe Brazil Asia Revenues 482 100 105 116 37 11 13 110 37 — 1,011 (199 ) 631 1,443 Other income 21 9 8 4 3 1 2 12 1 30 91 (9 ) (49 ) 33 Direct operating costs (132 ) (27 ) (52 ) (27 ) (14 ) (3 ) (4 ) (27 ) (18 ) (11 ) (315 ) 53 (247 ) (509 ) Share of Adjusted EBITDA from equity-accounted investments — — — — — — — — — — — 155 13 168 Adjusted EBITDA 371 82 61 93 26 9 11 95 20 19 787 — 348 Management service costs — — — — — — — — — (67 ) (67 ) — — (67 ) Interest expense (68 ) (8 ) (14 ) (34 ) (5 ) (2 ) (4 ) (37 ) (5 ) (40 ) (217 ) 57 (156 ) (316 ) Current income taxes (2 ) (4 ) (3 ) (1 ) — (1 ) — (3 ) (1 ) — (15 ) 7 (8 ) (16 ) Distributions attributable to Preferred limited partners equity — — — — — — — — — (26 ) (26 ) — — (26 ) Preferred equity — — — — — — — — — (13 ) (13 ) — — (13 ) Share of interest and cash taxes from equity accounted investments — — — — — — — — — — — (64 ) (8 ) (72 ) Share of Funds From Operations attributable to non-controlling interests — — — — — — — — — — — — (176 ) (176 ) Funds From Operations 301 70 44 58 21 6 7 55 14 (127 ) 449 — — Depreciation (117 ) (36 ) (11 ) (79 ) (22 ) (7 ) (4 ) (42 ) (10 ) (2 ) (330 ) 91 (159 ) (398 ) Foreign exchange and unrealized financial instrument loss (14 ) 7 (1 ) (5 ) (11 ) — (1 ) (12 ) (4 ) (3 ) (44 ) 19 31 6 Deferred income tax expense (22 ) 1 (3 ) (2 ) 1 — 1 (2 ) — 20 (6 ) 7 10 11 Other (62 ) (8 ) 5 1 (1 ) (2 ) 1 (19 ) — (10 ) (95 ) 12 58 (25 ) Share of earnings from equity-accounted investments — — — — — — — — — — — (129 ) 2 (127 ) Net loss attributable to non-controlling interests — — — — — — — — — — — — 58 58 Net income (loss) attributable to Unitholders (2) 86 34 34 (27 ) (12 ) (3 ) 4 (20 ) — (122 ) (26 ) — — (26 ) (1) Share of loss from equity-accounted investments of $31 million is comprised of amounts found on the share of Adjusted EBITDA, share of interest and cash taxes and share of earnings lines. Net income attributable to participating non-controlling interests – in operating subsidiaries of $118 million is comprised of amounts found on Share of Funds From Operations attributable to non-controlling interests and Net Income attributable to non-controlling interests. (2) Net income (loss) attributable to Unitholders includes net income (loss) attributable to GP interest, Redeemable/Exchangeable partnership units and LP Units. Total net income (loss) includes amounts attributable to Unitholders, non-controlling interests, preferred limited partners equity and preferred equity. The following table provides each segment's results in the format that management organizes its segments to make operating decisions and assess performance and reconciles Brookfield Renewable's proportionate results to the consolidated statements of income on a line by line basis by aggregating the components comprising the earnings from Brookfield Renewable's investments in associates and reflecting the portion of each line item attributable to non-controlling interests for the six months ended June 30, 2019 : Attributable to Unitholders Contribution Attributable As per (1) Hydroelectric Wind Solar Storage & Other Corporate Total (MILLIONS) North Brazil Colombia North Europe Brazil Asia Revenues 539 123 118 121 50 16 5 89 45 — 1,106 (189 ) 695 1,612 Other income 9 3 — 2 1 — — 2 — 4 21 (6 ) 10 25 Direct operating costs (142 ) (35 ) (45 ) (35 ) (16 ) (5 ) (2 ) (17 ) (24 ) (11 ) (332 ) 56 (230 ) (506 ) Share of Adjusted EBITDA from equity-accounted investments — — — — — — — — — — — 139 12 151 Adjusted EBITDA 406 91 73 88 35 11 3 74 21 (7 ) 795 — 487 Management service costs — — — — — — — — — (44 ) (44 ) — — (44 ) Interest expense (80 ) (12 ) (16 ) (35 ) (7 ) (4 ) (1 ) (29 ) (7 ) (49 ) (240 ) 50 (161 ) (351 ) Current income taxes (6 ) (6 ) (6 ) (1 ) — (1 ) — — — — (20 ) 1 (20 ) (39 ) Distributions attributable to Preferred limited partners equity — — — — — — — — — (21 ) (21 ) — — (21 ) Preferred equity — — — — — — — — — (13 ) (13 ) — — (13 ) Share of interest and cash taxes from equity-accounted investments — — — — — — — — — — — (51 ) (9 ) (60 ) Share of Funds From Operations attributable to non-controlling interests — — — — — — — — — — — — (297 ) (297 ) Funds From Operations 320 73 51 52 28 6 2 45 14 (134 ) 457 — — Depreciation (111 ) (44 ) (10 ) (79 ) (23 ) (9 ) (2 ) (28 ) (12 ) (2 ) (320 ) 69 (149 ) (400 ) Foreign exchange and unrealized financial instrument loss 3 3 (1 ) (1 ) (9 ) (1 ) — 4 (1 ) (28 ) (31 ) 5 (4 ) (30 ) Deferred income tax expense (40 ) 2 (4 ) 17 6 — (1 ) 16 — 18 14 (36 ) (12 ) (34 ) Other (26 ) (1 ) 1 (7 ) (2 ) 5 2 (24 ) — (8 ) (60 ) 21 36 (3 ) Share of earnings from equity-accounted investments — — — — — — — — — — — (59 ) — (59 ) Net loss attributable to non-controlling interests — — — — — — — — — — — — 129 129 Net income (loss) attributable to Unitholders (2) 146 33 37 (18 ) — 1 1 13 1 (154 ) 60 — — 60 (1) Share of loss from equity-accounted investments of $32 million is comprised of amounts found on the share of Adjusted EBITDA, share of interest and cash taxes and share of earnings lines. Net income attributable to participating non-controlling interests - in operating subsidiaries of $168 million is comprised of amounts found on Share of Funds From Operations attributable to non-controlling interests and Net Income attributable to non-controlling interests. (2) Net income (loss) attributable to Unitholders includes net income (loss) attributable to GP interest, Redeemable/Exchangeable partnership units and LP Units. Total net income (loss) includes amounts attributable to Unitholders, non-controlling interests, preferred limited partners equity and preferred equity. The following table presents information on a segmented basis about certain items in Brookfield Renewable's statements of financial position: Attributable to Unitholders Contribution from equity-accounted investments Attributable As per Hydroelectric Wind Solar Storage & Other Corporate Total (MILLIONS) North Brazil Colombia North Europe Brazil Asia As at June 30, 2020 Cash and cash equivalents $ 23 $ 13 $ 26 $ 22 $ 12 $ 2 $ 5 $ 70 $ 12 $ 8 $ 193 $ (101 ) $ 137 $ 229 Property, plant and equipment 11,401 1,407 1,536 2,443 649 266 173 2,168 710 — 20,753 (4,289 ) 12,063 28,527 Total assets 12,166 1,545 1,774 2,579 733 282 218 2,376 751 255 22,679 (3,102 ) 13,748 33,325 Total borrowings 3,186 158 413 1,265 319 66 121 1,383 223 2,129 9,263 (2,306 ) 3,929 10,886 Other liabilities 2,893 102 434 556 112 8 23 345 40 446 4,959 (771 ) 2,077 6,265 For the six months ended June 30, 2020: Additions to property, plant and equipment 226 15 1 4 4 1 — 20 6 1 278 (14 ) 137 401 As at December 31, 2019 Cash and cash equivalents $ 10 $ 7 $ 10 $ 18 $ 21 $ 2 $ 5 $ 63 $ 6 $ 1 $ 143 $ (89 ) $ 61 $ 115 Property, plant and equipment 11,488 1,938 1,773 2,556 628 368 187 2,018 732 — 21,688 (4,147 ) 13,173 30,714 Total assets 12,218 2,126 2,027 2,705 692 391 233 2,266 780 103 23,541 (2,872 ) 15,022 35,691 Total borrowings 3,070 208 449 1,221 326 71 124 1,470 235 2,107 9,281 (2,157 ) 3,880 11,004 Other liabilities 2,877 148 499 597 100 10 28 335 31 248 4,873 (715 ) 2,398 6,556 For the six months ended June 30, 2019: Additions to property, plant and equipment 21 1 12 12 2 — — — 8 1 57 (13 ) 24 68
Disclosure of geographical areas	The following table presents consolidated revenue split by geographical region for the three and six months ended June 30 : Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 United States $ 231 $ 294 $ 530 $ 596 Colombia 189 231 436 488 Canada 97 97 187 181 Brazil 71 99 156 199 Europe 16 27 43 69 Asia 47 39 91 79 $ 651 $ 787 $ 1,443 $ 1,612 The following table presents consolidated property, plant and equipment and equity-accounted investments split by geographical region: (MILLIONS) June 30, 2020 December 31, 2019 United States $ 14,942 $ 14,952 Colombia 6,370 7,353 Canada 4,026 4,268 Brazil 2,659 3,631 Europe 1,455 1,539 Asia 854 860 $ 30,306 $ 32,603

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure of detailed information about property, plant and equipment [abstract]
Reconciliation of property, plant and equipment	The following table presents a reconciliation of property, plant and equipment at fair value: (MILLIONS) Hydroelectric Wind Solar Storage & other (1) Total (2) As at December 31, 2019 $ 26,024 $ 4,258 $ 197 $ 235 $ 30,714 Additions (3) 316 12 72 1 401 Items recognized through OCI Foreign currency translation (1,777 ) (342 ) (5 ) (55 ) (2,179 ) Items recognized through net income Changes in fair value (4 ) (3 ) (4 ) — (11 ) Depreciation (254 ) (130 ) (7 ) (7 ) (398 ) As at June 30, 2020 (4) $ 24,305 $ 3,795 $ 253 $ 174 $ 28,527 (1) Includes biomass and cogeneration. (2) Includes intangible assets of $8 million ( 2019 : $10 million ) and assets under construction of $397 million ( 2019 : $334 million ). (3) Brookfield Renewable exercised the option to buy out the lease on its 192 MW hydroelectric facility in Louisiana and recognized an $247 million adjustment to its corresponding right-of-use asset. (4) Includes right-of-use assets not subject to revaluation of $63 million (2019: $71 million ) in our hydroelectric segment, $50 million (2019: $51 million ) in our wind segment, $1 million (2019: nil ) in our solar segment, and $3 million (2019: $3 million ) in our storage & other segment.

BORROWINGS (Tables)

BORROWINGS (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure of detailed information about borrowings [abstract]
Summary of borrowings	The composition of corporate borrowings is presented in the following table: June 30, 2020 December 31, 2019 Weighted-average Weighted- average (MILLIONS EXCEPT AS NOTED) Interest Term Carrying value Estimated fair value Interest rate (%) Term (years) Carrying value Estimated fair value Credit facilities N/A 4 $ — $ — 2.9 5 $ 299 $ 299 Commercial paper 0.6 < 1 140 140 N/A N/A N/A N/A Medium Term Notes: Series 4 (C$150) 5.8 16 110 143 5.8 17 115 142 Series 8 (C$400) 4.8 2 295 310 4.8 2 308 324 Series 9 (C$400) 3.8 5 295 318 3.8 5 308 322 Series 10 (C$500) 3.6 7 368 402 3.6 7 384 400 Series 11 (C$475) 4.3 9 350 397 4.3 9 231 248 Series 12 (C$475) 3.4 10 350 372 3.4 10 231 232 Series 13 (C$300) 4.3 29 221 248 4.3 30 231 237 4.0 10 $ 1,989 $ 2,190 4.1 10 $ 1,808 $ 1,905 Total corporate borrowings 2,129 $ 2,330 2,107 $ 2,204 Add: Unamortized premiums (1) 6 — Less: Unamortized financing fees (1) (11 ) (7 ) Less: Current portion (140 ) — $ 1,984 $ 2,100 (1) Unamortized premiums and unamortized financing fees are amortized over the terms of the borrowing. The composition of non-recourse borrowings is presented in the following table: June 30, 2020 December 31, 2019 Weighted-average Weighted-average (MILLIONS EXCEPT AS NOTED) Interest Term Carrying Estimated Interest Term Carrying Estimated Non-recourse borrowings (1) Hydroelectric (2) 5.9 9 $ 6,569 $ 7,196 5.9 10 $ 6,616 $ 7,106 Wind 5.2 10 1,861 1,961 5.2 11 1,899 2,006 Solar 5.2 5 304 302 5.1 5 355 363 Storage & other 3.3 1 77 79 3.9 4 94 98 Total 5.7 9 $ 8,811 $ 9,538 5.7 10 $ 8,964 $ 9,573 Add: Unamortized premiums (3) 8 9 Less: Unamortized financing fees (3) (57 ) (69 ) Less: Current portion (1,190 ) (685 ) $ 7,572 $ 8,219 (1) Includes $117 million ( 2019 : $142 million ) borrowed under a subscription facility of a Brookfield sponsored private fund. (2) Includes a lease liability of $554 million associated with a hydroelectric facility included in property, plant and equipment, at fair value, which is subject to revaluation. During the quarter, Brookfield Renewable exercised the buy out option related to this lease liability. The transaction is expected to close in 2020. (3) Unamortized premiums and unamortized financing fees are amortized over the terms of the borrowing. The following table summarizes the available portion of credit facilities: (MILLIONS) June 30, 2020 December 31, 2019 Authorized corporate credit facilities (1) $ 2,150 $ 2,150 Draws on corporate credit facilities (1) — (299 ) Authorized letter of credit facility 400 400 Issued letters of credit (258 ) (266 ) Available portion of corporate credit facilities $ 2,292 $ 1,985 (1) Amounts are guaranteed by Brookfield Renewable.

NON-CONTROLLING INTERESTS (Tabl

NON-CONTROLLING INTERESTS (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure Of Detailed Information About Non-controlling Interests [Abstract]
Summary of non-controlling interests	Brookfield Renewable`s non-controlling interests are comprised of the following: (MILLIONS) June 30, 2020 December 31, 2019 Participating non-controlling interests – in operating subsidiaries $ 7,813 $ 8,742 General partnership interest in a holding subsidiary held by Brookfield 58 68 Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield 2,816 3,315 Preferred equity 571 597 $ 11,258 $ 12,722 The net change in participating non-controlling interests – in operating subsidiaries is as follows: (MILLIONS) Brookfield Americas Infrastructure Fund Brookfield Infrastructure Fund II Brookfield Infrastructure Fund III Brookfield Infrastructure Fund IV Canadian Hydroelectric Portfolio The Catalyst Group Isagen institutional investors Isagen public non-controlling interests Other Total As at December 31, 2018 $ 900 $ 1,929 $ 2,469 $ — $ 276 $ 124 $ 2,212 $ 15 $ 204 $ 8,129 Net income (loss) — (13 ) 73 6 19 17 154 1 5 262 OCI 46 134 330 (3 ) 61 (41 ) 266 2 — 795 Capital contributions — — 2 159 268 — — (2 ) 3 430 Disposal — (87 ) — — — — — — (85 ) (172 ) Distributions (24 ) (120 ) (274 ) — (1 ) (11 ) (259 ) (1 ) (16 ) (706 ) Other — 8 (3 ) 1 (5 ) — 2 (2 ) 3 4 As at December 31, 2019 $ 922 $ 1,851 $ 2,597 $ 163 $ 618 $ 89 $ 2,375 $ 13 $ 114 $ 8,742 Net income (loss) (5 ) (6 ) 22 14 19 14 60 — — 118 OCI (38 ) (114 ) (283 ) 1 (26 ) — (312 ) (2 ) (14 ) (788 ) Capital contributions — 3 2 19 (18 ) — — — 2 8 Distributions (5 ) (25 ) (123 ) — — (9 ) (81 ) — (8 ) (251 ) Other 2 1 (14 ) (2 ) (1 ) (1 ) 2 (1 ) (2 ) (16 ) As at June 30, 2020 $ 876 $ 1,710 $ 2,201 $ 195 $ 592 $ 93 $ 2,044 $ 10 $ 92 $ 7,813 Interests held by third parties 75%-80% 43%-60% 23%-71% 75 % 50 % 25 % 53 % 0.3 % 20%-50%
Summary of distributions	The composition of the distributions for the three and six months ended June 30 is presented in the following table: Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 General partnership interest in a holding subsidiary held by Brookfield $ 2 $ 1 $ 3 $ 3 Incentive distribution 15 12 31 25 17 13 34 28 Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield 70 67 142 135 $ 87 $ 80 $ 176 $ 163 The composition of the limited partners' equity distributions for the three and six months ended June 30 is presented in the following table: Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 Brookfield $ 29 $ 29 $ 60 $ 58 External LP Unitholders 68 63 136 127 $ 97 $ 92 $ 196 $ 185
Disclosure of preference shares	Brookfield Renewable`s preferred equity consists of Class A Preference Shares of Brookfield Renewable Power Preferred Equity Inc. ("BRP Equity") as follows: (MILLIONS EXCEPT AS NOTED) Shares Cumulative Earliest Distributions declared for the six months ended June 30 Carrying value as at 2020 2019 June 30, 2020 December 31, 2019 Series 1 (C$136) 5.45 3.36 Apr 2020 $ 2 $ 2 $ 100 $ 105 Series 2 (C$113) (1) 4.51 2.85 Apr 2020 2 2 82 86 Series 3 (C$249) 9.96 4.40 Jul 2019 4 4 183 192 Series 5 (C$103) 4.11 5.00 Apr 2018 2 2 76 79 Series 6 (C$175) 7.00 5.00 Jul 2018 3 3 130 135 31.03 $ 13 $ 13 $ 571 $ 597 (1) Dividend rate represents annualized distribution based on the most recent quarterly floating rate.

PREFERRED LIMITED PARTNERS' E_2

PREFERRED LIMITED PARTNERS' EQUITY (Tables)	6 Months Ended
	Jun. 30, 2020
Disclsoure of Preferred Limited Partners Equity [Abstract]
Summary of Preferred Limited Partners' Equity	Brookfield Renewable’s preferred limited partners’ equity comprises of Class A Preferred LP Units as follows: (MILLIONS, EXCEPT AS NOTED) Shares outstanding Cumulative distribution rate (%) Earliest permitted redemption date Distributions declared for the six months ended June 30 Carrying value as at 2020 2019 June 30, 2020 December 31, 2019 Series 5 (C$72) 2.89 5.59 Apr 2018 $ 1 $ 2 $ 49 $ 49 Series 7 (C$175) 7.00 5.50 Jan 2021 4 4 128 128 Series 9 (C$200) 8.00 5.75 Jul 2021 4 4 147 147 Series 11 (C$250) 10.00 5.00 Apr 2022 5 5 187 187 Series 13 (C$250) 10.00 5.00 Apr 2023 5 4 196 196 Series 15 (C$175) 7.00 5.75 Apr 2024 4 2 126 126 Series 17 ($200) 8.00 5.25 Mar 2025 3 — $ 195 $ — 52.89 $ 26 $ 21 $ 1,028 $ 833

LIMITED PARTNERS' EQUITY (Table

LIMITED PARTNERS' EQUITY (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure of limited partners equity [Abstract]
Summary of distributions	The composition of the distributions for the three and six months ended June 30 is presented in the following table: Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 General partnership interest in a holding subsidiary held by Brookfield $ 2 $ 1 $ 3 $ 3 Incentive distribution 15 12 31 25 17 13 34 28 Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield 70 67 142 135 $ 87 $ 80 $ 176 $ 163 The composition of the limited partners' equity distributions for the three and six months ended June 30 is presented in the following table: Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 Brookfield $ 29 $ 29 $ 60 $ 58 External LP Unitholders 68 63 136 127 $ 97 $ 92 $ 196 $ 185

EQUITY-ACCOUNTED INVESTMENTS (T

EQUITY-ACCOUNTED INVESTMENTS (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure Of Detailed Information About Equity-Accounted Investments [Abstract]
Summary of Equity-Accounted Investments	The following are Brookfield Renewable’s equity-accounted investments for the six months ended June 30, 2020 : (MILLIONS) Opening balance $ 1,889 Acquisition 15 Share of net income (loss) (31 ) Share of other comprehensive income (8 ) Dividends received (42 ) Foreign exchange translation and other (44 ) Ending balance $ 1,779 The following table summarizes gross revenues and net income of equity-accounted investments in aggregate: Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 Revenue $ 371 $ 356 $ 755 $ 715 Net income (loss) (81 ) (9 ) (153 ) 101 Share of net income (loss) (1) (15 ) — (31 ) 32 (1) Brookfield Renewable's ownership interest in these entities ranges from 14% to 50% . The following table summarizes gross assets and liabilities of equity-accounted investments in aggregate at 100%: (MILLIONS) June 30, 2020 December 31, 2019 Current assets $ 1,118 $ 1,102 Property, plant and equipment 16,938 16,256 Other assets 537 571 Current liabilities 1,303 1,279 Non-recourse borrowings 7,905 7,365 Other liabilities 3,153 2,580

CASH AND CASH EQUIVALENTS (Tabl

CASH AND CASH EQUIVALENTS (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure Of Detailed Information About Cash And Cash Equivalents [Abstract]
Summary of Cash and Cash Equivalents	Brookfield Renewable’s cash and cash equivalents are as follows: (MILLIONS) June 30, 2020 December 31, 2019 Cash $ 216 $ 103 Short-term deposits 13 12 $ 229 $ 115

RESTRICTED CASH (Tables)

RESTRICTED CASH (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure Of Detailed Information About Restricted Cash [Abstract]
Summary of Restricted Cash	Brookfield Renewable’s restricted cash is as follows: (MILLIONS) June 30, 2020 December 31, 2019 Operations $ 104 $ 87 Credit obligations 81 69 Development projects 48 17 Total 233 173 Less: non-current (11 ) (19 ) Current $ 222 $ 154

TRADE RECEIVABLES AND OTHER C_2

TRADE RECEIVABLES AND OTHER CURRENT ASSETS (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure Trade Receivables and Other Current Assets [Abstract]
Summary of Trade Receivables and Other Current Assets	Brookfield Renewable's trade receivables and other current assets are as follows: (MILLIONS) June 30, 2020 December 31, 2019 Trade receivables $ 333 $ 406 Prepaids and other 82 119 Other short-term receivables 139 142 Current portion of contract asset 50 51 $ 604 $ 718

ACCOUNTS PAYABLE AND ACCRUED _2

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure Accounts Payable and Accured Liabilities [Abstract]
Summary of Accounts Payable and Accrued Liabilities	Brookfield Renewable's accounts payable and accrued liabilities are as follows: (MILLIONS) June 30, 2020 December 31, 2019 Operating accrued liabilities $ 207 $ 237 Accounts payable 76 111 Interest payable on borrowings 71 73 Deferred consideration 39 60 LP Unitholders distributions, preferred limited partnership unit distributions and preferred dividends payable (1) 39 33 Current portion of lease liabilities 15 15 Other 77 61 $ 524 $ 590 (1) Includes amounts payable only to external LP Unitholders. Amounts payable to Brookfield are included in due to related parties.

COMMITMENTS, CONTINGENCIES AN_2

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure Commitments Contingencies and Guarantess [Abstract]
Letters of credit issued by Brookfield Renewable along with institutional investors and its subsidiaries were as follows:	Letters of credit issued by Brookfield Renewable along with institutional investors and its subsidiaries were as at the following dates: (MILLIONS) June 30, 2020 December 31, 2019 Brookfield Renewable along with institutional investors $ 48 $ 50 Brookfield Renewable's subsidiaries 248 286 $ 296 $ 336

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	6 Months Ended
	Jun. 30, 2020
Related party transactions [abstract]
Schedule of related party agreements and transactions	The following table reflects the related party agreements and transactions for the three and six months ended June 30 in the interim consolidated statements of income: Three months ended June 30 Six months ended June 30 (MILLIONS) 2020 2019 2020 2019 Revenues Power purchase and revenue agreements $ 84 $ 209 $ 180 $ 368 Wind levelization agreement — — — 1 $ 84 $ 209 $ 180 $ 369 Direct operating costs Energy purchases $ — $ (2 ) $ — $ (5 ) Energy marketing fee (2 ) (6 ) (2 ) (12 ) Insurance services (1) (6 ) (7 ) (12 ) (14 ) $ (8 ) $ (15 ) $ (14 ) $ (31 ) Interest expense Borrowings $ — $ — $ — $ (3 ) Contract balance accretion (4 ) (3 ) $ (8 ) $ (5 ) $ (4 ) $ (3 ) $ (8 ) $ (8 ) Management service costs $ (36 ) $ (23 ) $ (67 ) $ (44 ) (1) Insurance services are paid to a subsidiary of Brookfield Asset Management that brokers external insurance providers on behalf of Brookfield Renewable. The fees paid to the subsidiary of Brookfield Asset Management for the three and six months ended June 30, 2020 were less than $1 million (2019: less than $1 million ).

SUBSIDIARY PUBLIC ISSUERS (Tabl

SUBSIDIARY PUBLIC ISSUERS (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure of subsidiaries [abstract]
Consolidated Summarized Statement Of Financial Position	The following tables provide consolidated summary financial information for Brookfield Renewable, BRP Equity, and Finco: (MILLIONS) Brookfield Renewable (1) BRP Equity Finco Holding Entities (1)(2) Other Subsidiaries (1)(3) Consolidating adjustments (4) Brookfield Renewable consolidated As at June 30, 2020 Current assets $ 36 $ 390 $ 2,016 $ 250 $ 3,313 $ (4,595 ) $ 1,410 Long-term assets 4,936 240 2 22,708 32,152 (28,123 ) 31,915 Current liabilities 45 6 26 4,232 2,455 (4,593 ) 2,171 Long-term liabilities — — 1,984 139 13,500 (643 ) 14,980 Participating non-controlling interests – in operating subsidiaries — — — — 7,813 — 7,813 Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield — — — 2,816 — — 2,816 Preferred equity — 571 — — — — 571 Preferred limited partners' equity 1,028 — — 1,039 — (1,039 ) 1,028 As at December 31, 2019 Current assets $ 32 $ 408 $ 1,832 $ 133 $ 3,230 $ (4,161 ) $ 1,474 Long-term assets 5,428 251 2 25,068 34,500 (31,032 ) 34,217 Current liabilities 40 7 24 3,918 1,852 (4,163 ) 1,678 Long-term liabilities — — 1,801 300 14,440 (659 ) 15,882 Participating non-controlling interests – in operating subsidiaries — — — — 8,742 — 8,742 Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield — — — 3,315 — — 3,315 Preferred equity — 597 — — — — 597 Preferred limited partners' equity 833 — — 844 — (844 ) 833 (1) Includes investments in subsidiaries under the equity method. (2) Includes BRELP, BRP Bermuda Holdings I Limited, Brookfield BRP Holdings (Canada) Inc., Brookfield BRP Europe Holdings Limited and Brookfield Renewable Investments Limited, together the "Holding Entities". (3) Includes subsidiaries of Brookfield Renewable, other than BRP Equity, Finco and the Holding Entities. (4) Includes elimination of intercompany transactions and balances necessary to present Brookfield Renewable on a consolidated basis.
Consolidated Summarized Statement Of Operations	(MILLIONS) Brookfield Renewable (1) BRP Equity Finco Holding Entities (1)(2) Other Subsidiaries (1)(3) Consolidating adjustments (4) Brookfield Renewable consolidated Three months ended June 30, 2020 Revenues $ — $ — $ — $ — $ 651 $ — $ 651 Net income (loss) (11 ) — 1 28 358 (365 ) 11 Three months ended June 30, 2019 Revenues $ — $ — $ — $ 1 $ 786 $ — $ 787 Net income (loss) 21 — — 44 414 (370 ) 109 Six months ended June 30, 2020 Revenues $ — $ — $ — $ — $ 1,443 $ — $ 1,443 Net income (loss) 11 — 1 (35 ) 690 (536 ) 131 Six months ended June 30, 2019 Revenues $ — $ — $ — $ — $ 1,612 $ — $ 1,612 Net income (loss) 56 — 2 55 746 (597 ) 262 (1) Includes investments in subsidiaries under the equity method. (2) Includes the Holding Entities. (3) Includes subsidiaries of Brookfield Renewable, other than BRP Equity, Finco, and the Holding Entities. (4) Includes elimination of intercompany transactions and balances necessary to present Brookfield Renewable on a consolidated basis.

DISPOSAL OF ASSETS - Narrative

DISPOSAL OF ASSETS - Narrative (Details) ฿ in Millions, $ in Millions	1 Months Ended		6 Months Ended
	Mar. 31, 2020THB (฿)	Mar. 31, 2020USD ($)	Jun. 30, 2020USD ($)
Disclosure of detailed information about investment property [line items]
Fair value uplift, property, plant and equipment			$ (11)
39 MW Portfolio - Thailand
Disclosure of detailed information about investment property [line items]
Total consideration	฿ 3,079	$ 94
Proportion of ownership interest in joint venture	31.00%	31.00%
Losses on disposals of investments		$ 12
Proceeds from sales of investments accounted for using equity method		4
Fair value uplift, property, plant and equipment		42
Reversal of impairment loss recognised in other comprehensive income, property, plant and equipment		$ 13

DISPOSAL OF ASSETS - Summary of

DISPOSAL OF ASSETS - Summary of Disposal (Details) - 1 months ended Mar. 31, 2020 - 39 MW Portfolio - Thailand ฿ in Millions, $ in Millions	THB (฿)	USD ($)
Disclosure of detailed information about investment property [line items]
Proceeds	฿ 3,079	$ 94
Assets		114
Liabilities		(8)
Carrying value of net assets held for sale		106
Loss on disposal		$ (12)

ASSETS HELD FOR SALE - Summary

ASSETS HELD FOR SALE - Summary of Major Items of Assets and Liabilities Classified as Held for Sale (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Statement [Line Items]
Assets held for sale	$ 170	$ 352
Liabilities directly associated with assets held for sale	94	137
Cash and cash equivalents
Statement [Line Items]
Assets held for sale	6	14
Restricted cash
Statement [Line Items]
Assets held for sale	17	22
Trade receivables and other current assets
Statement [Line Items]
Assets held for sale	8	13
Property, plant and equipment
Statement [Line Items]
Assets held for sale	139	303
Current liabilities
Statement [Line Items]
Liabilities directly associated with assets held for sale	12	18
Long-term debt
Statement [Line Items]
Liabilities directly associated with assets held for sale	58	73
Other long-term liabilities
Statement [Line Items]
Liabilities directly associated with assets held for sale	$ 24	$ 46

RISK MANAGEMENT AND FINANCIAL_3

RISK MANAGEMENT AND FINANCIAL INSTRUMENTS - Assets and Liabilities Measured and Disclosed at Fair Value (Details) - USD ($) $ in Millions	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Disclosure of financial assets and liabilities [line items]
Cash and cash equivalents	$ 229	$ 294	$ 115	$ 322	$ 177	$ 173
Restricted cash	233		173
Investments in equity securities	277		160
Property, plant and equipment	28,527		30,714
Contingent consideration	(22)		(11)
Equity-accounted investments	1,211		1,010
Total	18,457		20,286
Corporate borrowings
Disclosure of financial assets and liabilities [line items]
Liabilities for which fair value is disclosed	(2,330)		(2,204)
Non-recourse borrowing
Disclosure of financial assets and liabilities [line items]
Liabilities for which fair value is disclosed	(9,538)		(9,573)
Energy derivative contracts
Disclosure of financial assets and liabilities [line items]
Financial instrument assets	74		76
Financial instrument liabilities	(9)		(8)
Interest rate swaps
Disclosure of financial assets and liabilities [line items]
Financial instrument liabilities	(198)		(131)
Foreign exchange swaps
Disclosure of financial assets and liabilities [line items]
Financial instrument assets	10		4
Financial instrument liabilities	(7)		$ (39)
Level 1
Disclosure of financial assets and liabilities [line items]
Cash and cash equivalents	229
Restricted cash	233
Investments in equity securities	8
Property, plant and equipment	0
Contingent consideration	0
Equity-accounted investments	1,211
Total	(902)
Level 1 | Corporate borrowings
Disclosure of financial assets and liabilities [line items]
Liabilities for which fair value is disclosed	(2,190)
Level 1 | Non-recourse borrowing
Disclosure of financial assets and liabilities [line items]
Liabilities for which fair value is disclosed	(393)
Level 1 | Energy derivative contracts
Disclosure of financial assets and liabilities [line items]
Financial instrument assets	0
Financial instrument liabilities	0
Level 1 | Interest rate swaps
Disclosure of financial assets and liabilities [line items]
Financial instrument liabilities	0
Level 1 | Foreign exchange swaps
Disclosure of financial assets and liabilities [line items]
Financial instrument assets	0
Financial instrument liabilities	0
Level 2
Disclosure of financial assets and liabilities [line items]
Cash and cash equivalents	0
Restricted cash	0
Investments in equity securities	187
Property, plant and equipment	0
Contingent consideration	0
Equity-accounted investments	0
Total	(9,242)
Level 2 | Corporate borrowings
Disclosure of financial assets and liabilities [line items]
Liabilities for which fair value is disclosed	(140)
Level 2 | Non-recourse borrowing
Disclosure of financial assets and liabilities [line items]
Liabilities for which fair value is disclosed	(9,145)
Level 2 | Energy derivative contracts
Disclosure of financial assets and liabilities [line items]
Financial instrument assets	60
Financial instrument liabilities	(9)
Level 2 | Interest rate swaps
Disclosure of financial assets and liabilities [line items]
Financial instrument liabilities	(198)
Level 2 | Foreign exchange swaps
Disclosure of financial assets and liabilities [line items]
Financial instrument assets	10
Financial instrument liabilities	(7)
Level 3
Disclosure of financial assets and liabilities [line items]
Cash and cash equivalents	0
Restricted cash	0
Investments in equity securities	82
Property, plant and equipment	28,527
Contingent consideration	(22)
Equity-accounted investments	0
Total	28,601
Level 3 | Corporate borrowings
Disclosure of financial assets and liabilities [line items]
Liabilities for which fair value is disclosed	0
Level 3 | Non-recourse borrowing
Disclosure of financial assets and liabilities [line items]
Liabilities for which fair value is disclosed	0
Level 3 | Energy derivative contracts
Disclosure of financial assets and liabilities [line items]
Financial instrument assets	14
Financial instrument liabilities	0
Level 3 | Interest rate swaps
Disclosure of financial assets and liabilities [line items]
Financial instrument liabilities	0
Level 3 | Foreign exchange swaps
Disclosure of financial assets and liabilities [line items]
Financial instrument assets	0
Financial instrument liabilities	$ 0

RISK MANAGEMENT AND FINANCIAL_4

RISK MANAGEMENT AND FINANCIAL INSTRUMENTS - Aggregate Amount of Net Financial Instrument Positions (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Assets
Disclosure of derivative assets liabilities net position [Line Items]
Total	$ 361
Less: current portion	72
Long-term portion	289
Liabilities
Disclosure of derivative assets liabilities net position [Line Items]
Total	214
Less: current portion	57
Long-term portion	157
Net Assets (Liabilities)
Disclosure of derivative assets liabilities net position [Line Items]
Total	147	$ 62
Less: current portion	15	(64)
Long-term portion	132	126
Energy derivative contracts | Assets
Disclosure of derivative assets liabilities net position [Line Items]
Total	74
Energy derivative contracts | Liabilities
Disclosure of derivative assets liabilities net position [Line Items]
Total	9
Energy derivative contracts | Net Assets (Liabilities)
Disclosure of derivative assets liabilities net position [Line Items]
Total	65	68
Interest rate swaps | Assets
Disclosure of derivative assets liabilities net position [Line Items]
Total	0
Interest rate swaps | Liabilities
Disclosure of derivative assets liabilities net position [Line Items]
Total	198
Interest rate swaps | Net Assets (Liabilities)
Disclosure of derivative assets liabilities net position [Line Items]
Total	(198)	(131)
Foreign exchange swaps | Assets
Disclosure of derivative assets liabilities net position [Line Items]
Total	10
Foreign exchange swaps | Liabilities
Disclosure of derivative assets liabilities net position [Line Items]
Total	7
Foreign exchange swaps | Net Assets (Liabilities)
Disclosure of derivative assets liabilities net position [Line Items]
Total	3	(35)
Investments in debt and equity securities | Assets
Disclosure of derivative assets liabilities net position [Line Items]
Total	277
Investments in debt and equity securities | Net Assets (Liabilities)
Disclosure of derivative assets liabilities net position [Line Items]
Total	$ 277	$ 160

RISK MANAGEMENT AND FINANCIAL_5

RISK MANAGEMENT AND FINANCIAL INSTRUMENTS - Unrealized Gains (Losses) Included in OCI (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Investment In Equity and Debt Securities [Line Items]
Unrealized gains (losses) included in Foreign exchange and unrealized financial instrument gain (loss), Net	$ (14)	$ (12)	$ 6	$ (30)
Unrealized gains (losses) hedging instruments included in other comprehensive income	(16)	6	2	2
Unrealized gains (losses) included in other comprehensive income	(21)	10	17	26
Reclassification adjustments recognized in net income	(12)	(4)	(31)	0
Energy derivative contracts
Investment In Equity and Debt Securities [Line Items]
Unrealized gains (losses) included in Foreign exchange and unrealized financial instrument gain (loss), Net	(22)	6	2	12
Unrealized gains (losses) hedging instruments included in other comprehensive income	(7)	25	33	38
Reclassification adjustments recognized in net income	(16)	(8)	(38)	(7)
Interest rate swaps
Investment In Equity and Debt Securities [Line Items]
Unrealized gains (losses) included in Foreign exchange and unrealized financial instrument gain (loss), Net	(17)	(19)	(39)	(32)
Unrealized gains (losses) hedging instruments included in other comprehensive income	(9)	(19)	(31)	(36)
Reclassification adjustments recognized in net income	4	4	7	7
Foreign exchange swaps
Investment In Equity and Debt Securities [Line Items]
Unrealized gains (losses) included in Foreign exchange and unrealized financial instrument gain (loss), Net	25	(8)	79	(19)
Unrealized gains (losses) hedging instruments included in other comprehensive income	0	0	0	0
Foreign exchange gain (loss)
Investment In Equity and Debt Securities [Line Items]
Unrealized gains (losses) included in Foreign exchange and unrealized financial instrument gain (loss), Net	0	9	(36)	9
Foreign exchange swaps – net investment
Investment In Equity and Debt Securities [Line Items]
Unrealized gains (losses) included in other comprehensive income	(6)	7	23	1
Investments in debt and equity securities
Investment In Equity and Debt Securities [Line Items]
Unrealized gains (losses) included in other comprehensive income	$ 1	$ (3)	$ (8)	$ 23

SEGMENTED INFORMATION - Summary

SEGMENTED INFORMATION - Summary of Operating Results by Segment (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of operating segments [line items]
Revenues	$ 651	$ 787	$ 1,443	$ 1,612
Other income	23	17	33	25
Direct operating costs	(248)	(252)	(509)	(506)
Share of Adjusted EBITDA from equity-accounted investments	(15)	0	(31)	32
Management service costs	(36)	(23)	(67)	(44)
Interest expense	(154)	(178)	(316)	(351)
Current income taxes	3	(15)	(16)	(39)
Depreciation	(192)	(200)	(398)	(400)
Foreign exchange and unrealized financial instrument gain (loss)	(14)	(12)	6	(30)
Deferred income tax (recovery) expense	(10)	14	(11)	34
Other	(17)	(1)	(25)	(3)
Share of (loss) earnings from equity-accounted investments	(15)	0	(31)	32
Participating non-controlling interests – in operating subsidiaries
Disclosure of operating segments [line items]
Non-controlling interests			118		$ 262
Brazil
Disclosure of operating segments [line items]
Revenues	71	99	156	199
Colombia
Disclosure of operating segments [line items]
Revenues	189	231	436	488
Europe
Disclosure of operating segments [line items]
Revenues	16	27	43	69
Attributable to Unitholders
Disclosure of operating segments [line items]
Revenues	466	553	1,011	1,106
Other income	79	14	91	21
Direct operating costs	(149)	(167)	(315)	(332)
Share of Adjusted EBITDA from equity-accounted investments	0	0	0	0
Adjusted EBITDA	396	400	787	795
Management service costs	(36)	(23)	(67)	(44)
Interest expense	(104)	(119)	(217)	(240)
Current income taxes	(4)	(10)	(15)	(20)
Preferred limited partners equity	(14)	(11)	(26)	(21)
Preferred equity	(6)	(7)	(13)	(13)
Share of interest and cash taxes from equity accounted investments	0	0	0	0
Share of Funds From Operations attributable to non-controlling interests	0	0	0	0
Funds From Operations	232	230	449	457
Depreciation	(158)	(163)	(330)	(320)
Foreign exchange and unrealized financial instrument gain (loss)	(51)	(13)	(44)	(31)
Deferred income tax (recovery) expense	0	(10)	(6)	14
Other	(67)	(27)	(95)	(60)
Share of earnings from equity-accounted investments	0	0	0	0
Non-controlling interests	0	0	0	0
Net income (loss) attributable to Unitholders	(44)	17	(26)	60
Attributable to Unitholders | Hydroelectric | North America
Disclosure of operating segments [line items]
Revenues	217	275	482	539
Other income	19	8	21	9
Direct operating costs	(63)	(72)	(132)	(142)
Share of Adjusted EBITDA from equity-accounted investments	0	0	0	0
Adjusted EBITDA	173	211	371	406
Management service costs	0	0	0	0
Interest expense	(29)	(39)	(68)	(80)
Current income taxes	1	(4)	(2)	(6)
Preferred limited partners equity	0	0	0	0
Preferred equity	0	0	0	0
Share of interest and cash taxes from equity accounted investments	0	0	0	0
Share of Funds From Operations attributable to non-controlling interests	0	0	0	0
Funds From Operations	145	168	301	320
Depreciation	(59)	(56)	(117)	(111)
Foreign exchange and unrealized financial instrument gain (loss)	(32)	1	(14)	3
Deferred income tax (recovery) expense	(2)	(23)	(22)	(40)
Other	(42)	(11)	(62)	(26)
Share of earnings from equity-accounted investments	0	0	0	0
Non-controlling interests	0	0	0	0
Net income (loss) attributable to Unitholders	10	79	86	146
Attributable to Unitholders | Hydroelectric | Brazil
Disclosure of operating segments [line items]
Revenues	39	58	100	123
Other income	6	2	9	3
Direct operating costs	(10)	(18)	(27)	(35)
Share of Adjusted EBITDA from equity-accounted investments	0	0	0	0
Adjusted EBITDA	35	42	82	91
Management service costs	0	0	0	0
Interest expense	(4)	(6)	(8)	(12)
Current income taxes	(2)	(3)	(4)	(6)
Preferred limited partners equity	0	0	0	0
Preferred equity	0	0	0	0
Share of interest and cash taxes from equity accounted investments	0	0	0	0
Share of Funds From Operations attributable to non-controlling interests	0	0	0	0
Funds From Operations	29	33	70	73
Depreciation	(16)	(22)	(36)	(44)
Foreign exchange and unrealized financial instrument gain (loss)	0	4	7	3
Deferred income tax (recovery) expense	0	1	1	2
Other	(4)	0	(8)	(1)
Share of earnings from equity-accounted investments	0	0	0	0
Non-controlling interests	0	0	0	0
Net income (loss) attributable to Unitholders	9	16	34	33
Attributable to Unitholders | Hydroelectric | Colombia
Disclosure of operating segments [line items]
Revenues	45	56	105	118
Other income	6	0	8	0
Direct operating costs	(26)	(21)	(52)	(45)
Share of Adjusted EBITDA from equity-accounted investments	0	0	0	0
Adjusted EBITDA	25	35	61	73
Management service costs	0	0	0	0
Interest expense	(7)	(8)	(14)	(16)
Current income taxes	1	(2)	(3)	(6)
Preferred limited partners equity	0	0	0	0
Preferred equity	0	0	0	0
Share of interest and cash taxes from equity accounted investments	0	0	0	0
Share of Funds From Operations attributable to non-controlling interests	0	0	0	0
Funds From Operations	19	25	44	51
Depreciation	(5)	(5)	(11)	(10)
Foreign exchange and unrealized financial instrument gain (loss)	(6)	(1)	(1)	(1)
Deferred income tax (recovery) expense	(2)	(2)	(3)	(4)
Other	5	0	5	1
Share of earnings from equity-accounted investments	0	0	0	0
Non-controlling interests	0	0	0	0
Net income (loss) attributable to Unitholders	11	17	34	37
Attributable to Unitholders | Wind | North America
Disclosure of operating segments [line items]
Revenues	56	58	116	121
Other income	2	0	4	2
Direct operating costs	(13)	(18)	(27)	(35)
Share of Adjusted EBITDA from equity-accounted investments	0	0	0	0
Adjusted EBITDA	45	40	93	88
Management service costs	0	0	0	0
Interest expense	(15)	(16)	(34)	(35)
Current income taxes	(1)	(1)	(1)	(1)
Preferred limited partners equity	0	0	0	0
Preferred equity	0	0	0	0
Share of interest and cash taxes from equity accounted investments	0	0	0	0
Share of Funds From Operations attributable to non-controlling interests	0	0	0	0
Funds From Operations	29	23	58	52
Depreciation	(37)	(39)	(79)	(79)
Foreign exchange and unrealized financial instrument gain (loss)	(3)	(1)	(5)	(1)
Deferred income tax (recovery) expense	0	1	(2)	17
Other	0	(6)	1	(7)
Share of earnings from equity-accounted investments	0	0	0	0
Non-controlling interests	0	0	0	0
Net income (loss) attributable to Unitholders	(11)	(22)	(27)	(18)
Attributable to Unitholders | Wind | Brazil
Disclosure of operating segments [line items]
Revenues	7	9	11	16
Other income	1	0	1	0
Direct operating costs	(2)	(3)	(3)	(5)
Share of Adjusted EBITDA from equity-accounted investments	0	0	0	0
Adjusted EBITDA	6	6	9	11
Management service costs	0	0	0	0
Interest expense	(1)	(2)	(2)	(4)
Current income taxes	0	0	(1)	(1)
Preferred limited partners equity	0	0	0	0
Preferred equity	0	0	0	0
Share of interest and cash taxes from equity accounted investments	0	0	0	0
Share of Funds From Operations attributable to non-controlling interests	0	0	0	0
Funds From Operations	5	4	6	6
Depreciation	(3)	(5)	(7)	(9)
Foreign exchange and unrealized financial instrument gain (loss)	0	0	0	(1)
Deferred income tax (recovery) expense	0	0	0	0
Other	(2)	5	(2)	5
Share of earnings from equity-accounted investments	0	0	0	0
Non-controlling interests	0	0	0	0
Net income (loss) attributable to Unitholders	0	4	(3)	1
Attributable to Unitholders | Wind | Europe
Disclosure of operating segments [line items]
Revenues	15	22	37	50
Other income	3	1	3	1
Direct operating costs	(5)	(8)	(14)	(16)
Share of Adjusted EBITDA from equity-accounted investments	0	0	0	0
Adjusted EBITDA	13	15	26	35
Management service costs	0	0	0	0
Interest expense	(3)	(4)	(5)	(7)
Current income taxes	0	0	0	0
Preferred limited partners equity	0	0	0	0
Preferred equity	0	0	0	0
Share of interest and cash taxes from equity accounted investments	0	0	0	0
Share of Funds From Operations attributable to non-controlling interests	0	0	0	0
Funds From Operations	10	11	21	28
Depreciation	(10)	(13)	(22)	(23)
Foreign exchange and unrealized financial instrument gain (loss)	(8)	(8)	(11)	(9)
Deferred income tax (recovery) expense	0	1	1	6
Other	(1)	(2)	(1)	(2)
Share of earnings from equity-accounted investments	0	0	0	0
Non-controlling interests	0	0	0	0
Net income (loss) attributable to Unitholders	(9)	(11)	(12)	0
Attributable to Unitholders | Wind | Asia
Disclosure of operating segments [line items]
Revenues	7	3	13	5
Other income	2	0	2	0
Direct operating costs	(3)	(1)	(4)	(2)
Share of Adjusted EBITDA from equity-accounted investments	0	0	0	0
Adjusted EBITDA	6	2	11	3
Management service costs	0	0	0	0
Interest expense	(2)	(1)	(4)	(1)
Current income taxes	0	0	0	0
Preferred limited partners equity	0	0	0	0
Preferred equity	0	0	0	0
Share of interest and cash taxes from equity accounted investments	0	0	0	0
Share of Funds From Operations attributable to non-controlling interests	0	0	0	0
Funds From Operations	4	1	7	2
Depreciation	(2)	(1)	(4)	(2)
Foreign exchange and unrealized financial instrument gain (loss)	0	0	(1)	0
Deferred income tax (recovery) expense	1	0	1	(1)
Other	(1)	2	1	2
Share of earnings from equity-accounted investments	0	0	0	0
Non-controlling interests	0	0	0	0
Net income (loss) attributable to Unitholders	2	2	4	1
Attributable to Unitholders | Solar
Disclosure of operating segments [line items]
Revenues	61	51	110	89
Other income	11	1	12	2
Direct operating costs	(13)	(10)	(27)	(17)
Share of Adjusted EBITDA from equity-accounted investments	0	0	0	0
Adjusted EBITDA	59	42	95	74
Management service costs	0	0	0	0
Interest expense	(20)	(15)	(37)	(29)
Current income taxes	(2)	0	(3)	0
Preferred limited partners equity	0	0	0	0
Preferred equity	0	0	0	0
Share of interest and cash taxes from equity accounted investments	0	0	0	0
Share of Funds From Operations attributable to non-controlling interests	0	0	0	0
Funds From Operations	37	27	55	45
Depreciation	(20)	(15)	(42)	(28)
Foreign exchange and unrealized financial instrument gain (loss)	(7)	4	(12)	4
Deferred income tax (recovery) expense	(1)	0	(2)	16
Other	(15)	(12)	(19)	(24)
Share of earnings from equity-accounted investments	0	0	0	0
Non-controlling interests	0	0	0	0
Net income (loss) attributable to Unitholders	(6)	4	(20)	13
Attributable to Unitholders | Storage & Other
Disclosure of operating segments [line items]
Revenues	19	21	37	45
Other income	1	0	1	0
Direct operating costs	(8)	(11)	(18)	(24)
Share of Adjusted EBITDA from equity-accounted investments	0	0	0	0
Adjusted EBITDA	12	10	20	21
Management service costs	0	0	0	0
Interest expense	(3)	(3)	(5)	(7)
Current income taxes	(1)	0	(1)	0
Preferred limited partners equity	0	0	0	0
Preferred equity	0	0	0	0
Share of interest and cash taxes from equity accounted investments	0	0	0	0
Share of Funds From Operations attributable to non-controlling interests	0	0	0	0
Funds From Operations	8	7	14	14
Depreciation	(5)	(6)	(10)	(12)
Foreign exchange and unrealized financial instrument gain (loss)	(5)	0	(4)	(1)
Deferred income tax (recovery) expense	0	0	0	0
Other	1	0	0	0
Share of earnings from equity-accounted investments	0	0	0	0
Non-controlling interests	0	0	0	0
Net income (loss) attributable to Unitholders	(1)	1	0	1
Attributable to Unitholders | Corporate
Disclosure of operating segments [line items]
Revenues	0	0	0	0
Other income	28	2	30	4
Direct operating costs	(6)	(5)	(11)	(11)
Share of Adjusted EBITDA from equity-accounted investments	0	0	0	0
Adjusted EBITDA	22	(3)	19	(7)
Management service costs	(36)	(23)	(67)	(44)
Interest expense	(20)	(25)	(40)	(49)
Current income taxes	0	0	0	0
Preferred limited partners equity	(14)	(11)	(26)	(21)
Preferred equity	(6)	(7)	(13)	(13)
Share of interest and cash taxes from equity accounted investments	0	0	0	0
Share of Funds From Operations attributable to non-controlling interests	0	0	0	0
Funds From Operations	(54)	(69)	(127)	(134)
Depreciation	(1)	(1)	(2)	(2)
Foreign exchange and unrealized financial instrument gain (loss)	10	(12)	(3)	(28)
Deferred income tax (recovery) expense	4	12	20	18
Other	(8)	(3)	(10)	(8)
Share of earnings from equity-accounted investments	0	0	0	0
Non-controlling interests	0	0	0	0
Net income (loss) attributable to Unitholders	(49)	(73)	(122)	(154)
Contribution from equity-accounted investments
Disclosure of operating segments [line items]
Revenues	(104)	(98)	(199)	(189)
Other income	(7)	(2)	(9)	(6)
Direct operating costs	25	27	53	56
Share of Adjusted EBITDA from equity-accounted investments	86	73	155	139
Adjusted EBITDA	0	0	0	0
Management service costs	0	0	0	0
Interest expense	30	26	57	50
Current income taxes	3	0	7	1
Preferred limited partners equity	0	0	0	0
Preferred equity	0	0	0	0
Share of interest and cash taxes from equity accounted investments	(33)	(26)	(64)	(51)
Share of Funds From Operations attributable to non-controlling interests	0	0	0	0
Funds From Operations	0	0	0	0
Depreciation	43	36	91	69
Foreign exchange and unrealized financial instrument gain (loss)	15	4	19	5
Deferred income tax (recovery) expense	2	(1)	7	(36)
Other	10	8	12	21
Share of earnings from equity-accounted investments	(70)	(47)	(129)	(59)
Non-controlling interests	0	0	0	0
Net income (loss) attributable to Unitholders	0	0	0	0
Attributable to non- controlling interests
Disclosure of operating segments [line items]
Revenues	289	332	631	695
Other income	(49)	5	(49)	10
Direct operating costs	(124)	(112)	(247)	(230)
Share of Adjusted EBITDA from equity-accounted investments	5	5	13	12
Adjusted EBITDA	121	230	348	487
Management service costs	0	0	0	0
Interest expense	(80)	(85)	(156)	(161)
Current income taxes	4	(5)	(8)	(20)
Preferred limited partners equity	0	0	0	0
Preferred equity	0	0	0	0
Share of interest and cash taxes from equity accounted investments	(5)	(5)	(8)	(9)
Share of Funds From Operations attributable to non-controlling interests	(40)	(135)	(176)	(297)
Funds From Operations	0	0	0	0
Depreciation	(77)	(73)	(159)	(149)
Foreign exchange and unrealized financial instrument gain (loss)	22	(3)	31	(4)
Deferred income tax (recovery) expense	8	(3)	10	(12)
Other	40	18	58	36
Share of earnings from equity-accounted investments	2	0	2	0
Non-controlling interests	5	61	58	129
Net income (loss) attributable to Unitholders	0	0	0	0
As per IFRS financials
Disclosure of operating segments [line items]
Revenues	651	787	1,443	1,612
Other income	23	17	33	25
Direct operating costs	(248)	(252)	(509)	(506)
Share of Adjusted EBITDA from equity-accounted investments	91	78	168	151
Adjusted EBITDA
Management service costs	(36)	(23)	(67)	(44)
Interest expense	(154)	(178)	(316)	(351)
Current income taxes	3	(15)	(16)	(39)
Preferred limited partners equity	(14)	(11)	(26)	(21)
Preferred equity	(6)	(7)	(13)	(13)
Share of interest and cash taxes from equity accounted investments	(38)	(31)	(72)	(60)
Share of Funds From Operations attributable to non-controlling interests	(40)	(135)	(176)	(297)
Depreciation	(192)	(200)	(398)	(400)
Foreign exchange and unrealized financial instrument gain (loss)	(14)	(12)	6	(30)
Deferred income tax (recovery) expense	10	(14)	11	(34)
Other	(17)	(1)	(25)	(3)
Share of earnings from equity-accounted investments	(68)	(47)	(127)	(59)
Non-controlling interests	5	61	58	129
Net income (loss) attributable to Unitholders	(44)	17	(26)	60
Share of (loss) earnings from equity-accounted investments	(15)	0	(31)	32
As per IFRS financials | Participating non-controlling interests – in operating subsidiaries
Disclosure of operating segments [line items]
Non-controlling interests	$ 35	$ 74	$ 118	$ 168

SEGMENTED INFORMATION - Summa_2

SEGMENTED INFORMATION - Summary of Segments by Balance Sheet Disclosures (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of operating segments [line items]
Cash and cash equivalents	$ 229		$ 115
Property, plant and equipment	28,527		30,714
Total assets	33,325		35,691
Total borrowings	10,886		11,004
Other liabilities	6,265		6,556
Additions to property, plant and equipment	401	$ 68
Attributable to Unitholders
Disclosure of operating segments [line items]
Cash and cash equivalents	193		143
Property, plant and equipment	20,753		21,688
Total assets	22,679		23,541
Total borrowings	9,263		9,281
Other liabilities	4,959		4,873
Additions to property, plant and equipment	278	57
Contribution from equity-accounted investments
Disclosure of operating segments [line items]
Cash and cash equivalents	(101)		(89)
Property, plant and equipment	(4,289)		(4,147)
Total assets	(3,102)		(2,872)
Total borrowings	(2,306)		(2,157)
Other liabilities	(771)		(715)
Additions to property, plant and equipment	(14)	(13)
Attributable to non- controlling interests
Disclosure of operating segments [line items]
Cash and cash equivalents	137		61
Property, plant and equipment	12,063		13,173
Total assets	13,748		15,022
Total borrowings	3,929		3,880
Other liabilities	2,077		2,398
Additions to property, plant and equipment	137	24
Hydroelectric
Disclosure of operating segments [line items]
Property, plant and equipment	24,305		26,024
Additions to property, plant and equipment	316
Hydroelectric | North America | Attributable to Unitholders
Disclosure of operating segments [line items]
Cash and cash equivalents	23		10
Property, plant and equipment	11,401		11,488
Total assets	12,166		12,218
Total borrowings	3,186		3,070
Other liabilities	2,893		2,877
Additions to property, plant and equipment	226	21
Hydroelectric | Brazil | Attributable to Unitholders
Disclosure of operating segments [line items]
Cash and cash equivalents	13		7
Property, plant and equipment	1,407		1,938
Total assets	1,545		2,126
Total borrowings	158		208
Other liabilities	102		148
Additions to property, plant and equipment	15	1
Hydroelectric | Colombia | Attributable to Unitholders
Disclosure of operating segments [line items]
Cash and cash equivalents	26		10
Property, plant and equipment	1,536		1,773
Total assets	1,774		2,027
Total borrowings	413		449
Other liabilities	434		499
Additions to property, plant and equipment	1	12
Wind
Disclosure of operating segments [line items]
Property, plant and equipment	3,795		4,258
Additions to property, plant and equipment	12
Wind | North America | Attributable to Unitholders
Disclosure of operating segments [line items]
Cash and cash equivalents	22		18
Property, plant and equipment	2,443		2,556
Total assets	2,579		2,705
Total borrowings	1,265		1,221
Other liabilities	556		597
Additions to property, plant and equipment	4	12
Wind | Brazil | Attributable to Unitholders
Disclosure of operating segments [line items]
Cash and cash equivalents	2		2
Property, plant and equipment	266		368
Total assets	282		391
Total borrowings	66		71
Other liabilities	8		10
Additions to property, plant and equipment	1	0
Wind | Europe | Attributable to Unitholders
Disclosure of operating segments [line items]
Cash and cash equivalents	12		21
Property, plant and equipment	649		628
Total assets	733		692
Total borrowings	319		326
Other liabilities	112		100
Additions to property, plant and equipment	4	2
Wind | Asia | Attributable to Unitholders
Disclosure of operating segments [line items]
Cash and cash equivalents	5		5
Property, plant and equipment	173		187
Total assets	218		233
Total borrowings	121		124
Other liabilities	23		28
Additions to property, plant and equipment	0	0
Solar | Attributable to Unitholders
Disclosure of operating segments [line items]
Cash and cash equivalents	70		63
Property, plant and equipment	2,168		2,018
Total assets	2,376		2,266
Total borrowings	1,383		1,470
Other liabilities	345		335
Additions to property, plant and equipment	20	0
Storage & Other
Disclosure of operating segments [line items]
Property, plant and equipment	174		235
Additions to property, plant and equipment	1
Storage & Other | Attributable to Unitholders
Disclosure of operating segments [line items]
Cash and cash equivalents	12		6
Property, plant and equipment	710		732
Total assets	751		780
Total borrowings	223		235
Other liabilities	40		31
Additions to property, plant and equipment	6	8
Corporate | Attributable to Unitholders
Disclosure of operating segments [line items]
Cash and cash equivalents	8		1
Property, plant and equipment	0		0
Total assets	255		103
Total borrowings	2,129		2,107
Other liabilities	446		$ 248
Additions to property, plant and equipment	$ 1	$ 1

SEGMENTED INFORMATION - Summa_3

SEGMENTED INFORMATION - Summary of Geographical Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of operating segments [line items]
Revenues	$ 651	$ 787	$ 1,443	$ 1,612
Consolidated property, plant and equipment and equity-accounted investments	30,306		30,306		$ 32,603
United States
Disclosure of operating segments [line items]
Revenues	231	294	530	596
Consolidated property, plant and equipment and equity-accounted investments	14,942		14,942		14,952
Colombia
Disclosure of operating segments [line items]
Revenues	189	231	436	488
Consolidated property, plant and equipment and equity-accounted investments	6,370		6,370		7,353
Canada
Disclosure of operating segments [line items]
Revenues	97	97	187	181
Consolidated property, plant and equipment and equity-accounted investments	4,026		4,026		4,268
Brazil
Disclosure of operating segments [line items]
Revenues	71	99	156	199
Consolidated property, plant and equipment and equity-accounted investments	2,659		2,659		3,631
Europe
Disclosure of operating segments [line items]
Revenues	16	27	43	69
Consolidated property, plant and equipment and equity-accounted investments	1,455		1,455		1,539
Asia
Disclosure of operating segments [line items]
Revenues	47	$ 39	91	$ 79
Consolidated property, plant and equipment and equity-accounted investments	$ 854		$ 854		$ 860

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Disclosure Of Income Taxes [Abstract]
Effective income tax rate	3.70%	21.80%

PROPERTY, PLANT AND EQUIPMENT -

PROPERTY, PLANT AND EQUIPMENT - Summary of Property, Plant and Equipment (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	$ 30,714
Additions to property, plant and equipment	401	$ 68
Items recognized through OCI
Foreign currency translation	(2,179)
Items recognized through net income
Changes in fair value	(11)
Depreciation	(398)
Ending balance	28,527		$ 30,714
Other intangible assets	8		10
Construction in progress	397		334
Hydroelectric
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	26,024
Additions to property, plant and equipment	316
Items recognized through OCI
Foreign currency translation	(1,777)
Items recognized through net income
Changes in fair value	(4)
Depreciation	(254)
Ending balance	24,305		26,024
Right-of-use asset not subject to revaluation, disposal	63		71
Wind
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	4,258
Additions to property, plant and equipment	12
Items recognized through OCI
Foreign currency translation	(342)
Items recognized through net income
Changes in fair value	(3)
Depreciation	(130)
Ending balance	3,795		4,258
Right-of-use asset not subject to revaluation, disposal	50		51
Solar
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	197
Additions to property, plant and equipment	72
Items recognized through OCI
Foreign currency translation	(5)
Items recognized through net income
Changes in fair value	(4)
Depreciation	(7)
Ending balance	253		197
Right-of-use asset not subject to revaluation, disposal	1		0
Storage & Other
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	235
Additions to property, plant and equipment	1
Items recognized through OCI
Foreign currency translation	(55)
Items recognized through net income
Changes in fair value	0
Depreciation	(7)
Ending balance	174		235
Right-of-use asset not subject to revaluation, disposal	3		$ 3
LOUISIANA | Hydroelectric
Disclosure of detailed information about property, plant and equipment [line items]
Additions to property, plant and equipment	$ 247

BORROWINGS - Summary of Composi

BORROWINGS - Summary of Composition of Borrowings (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2020USD ($)year	Dec. 31, 2018year	Jun. 30, 2020CAD ($)	Dec. 31, 2019USD ($)
Disclosure of detailed information about borrowings [line items]
Carrying value	$ 10,886,000,000			$ 11,004,000,000
Add: Unamortized premiums	6,000,000			0
Less: Current portion	(140,000,000)			$ 0
Credit facilities
Disclosure of detailed information about borrowings [line items]
Face amount	$ 1,750,000,000
Interest rate (%)				2.90%
Term (years) (Commercial paper less than) | year	4	5
Estimated fair value	$ 0			$ 299,000,000
Carrying value	$ 0			299,000,000
Commercial paper
Disclosure of detailed information about borrowings [line items]
Interest rate (%)	0.60%		0.60%
Term (years) (Commercial paper less than) | year	1
Estimated fair value	$ 140,000,000
Carrying value	140,000,000			0
Corporate borrowings
Disclosure of detailed information about borrowings [line items]
Estimated fair value	2,330,000,000			2,204,000,000
Carrying value	2,129,000,000			2,107,000,000
Less: Unamortized financing fees	(11,000,000)			(7,000,000)
Less: Current portion	(140,000,000)			0
Borrowings	$ 1,984,000,000			$ 2,100,000,000
Corporate borrowings | Series 4 (C$150)
Disclosure of detailed information about borrowings [line items]
Face amount			$ 150,000,000
Interest rate (%)	5.80%		5.80%	5.80%
Term (years) (Commercial paper less than) | year	16	17
Estimated fair value	$ 143,000,000			$ 142,000,000
Carrying value	$ 110,000,000			$ 115,000,000
Corporate borrowings | Series 8 (C$400)
Disclosure of detailed information about borrowings [line items]
Face amount			$ 400,000,000
Interest rate (%)	4.80%		4.80%	4.80%
Term (years) (Commercial paper less than) | year	2	2
Estimated fair value	$ 310,000,000			$ 324,000,000
Carrying value	$ 295,000,000			$ 308,000,000
Corporate borrowings | Series 9 (C$400)
Disclosure of detailed information about borrowings [line items]
Face amount			$ 400,000,000
Interest rate (%)	3.80%		3.80%	3.80%
Term (years) (Commercial paper less than) | year	5	5
Estimated fair value	$ 318,000,000			$ 322,000,000
Carrying value	$ 295,000,000			$ 308,000,000
Corporate borrowings | Series 10 (C$500)
Disclosure of detailed information about borrowings [line items]
Face amount			$ 500,000,000
Interest rate (%)	3.60%		3.60%	3.60%
Term (years) (Commercial paper less than) | year	7	7
Estimated fair value	$ 402,000,000			$ 400,000,000
Carrying value	$ 368,000,000			$ 384,000,000
Corporate borrowings | Series 11 (C$475)
Disclosure of detailed information about borrowings [line items]
Face amount			$ 475,000,000
Interest rate (%)	4.30%		4.30%	4.30%
Term (years) (Commercial paper less than) | year	9	9
Estimated fair value	$ 397,000,000			$ 248,000,000
Carrying value	$ 350,000,000			$ 231,000,000
Corporate borrowings | Series 12 (C$475)
Disclosure of detailed information about borrowings [line items]
Face amount			$ 475,000,000
Interest rate (%)	3.40%		3.40%	3.40%
Term (years) (Commercial paper less than) | year	10	10
Estimated fair value	$ 372,000,000			$ 232,000,000
Carrying value	$ 350,000,000			$ 231,000,000
Corporate borrowings | Series 13 (C$300)
Disclosure of detailed information about borrowings [line items]
Face amount			$ 300,000,000
Interest rate (%)	4.30%		4.30%	4.30%
Term (years) (Commercial paper less than) | year	29	30
Estimated fair value	$ 248,000,000			$ 237,000,000
Carrying value	$ 221,000,000			$ 231,000,000
Medium Term Notes
Disclosure of detailed information about borrowings [line items]
Interest rate (%)	4.00%		4.00%	4.10%
Term (years) (Commercial paper less than) | year	10	10
Estimated fair value	$ 2,190,000,000			$ 1,905,000,000
Carrying value	$ 1,989,000,000			$ 1,808,000,000

BORROWINGS - Narrative (Details

BORROWINGS - Narrative (Details)	Jun. 30, 2020USD ($)	Jun. 30, 2020CAD ($)	May 31, 2020USD ($)	May 31, 2020BRL (R$)	Apr. 03, 2020USD ($)	Apr. 03, 2020CAD ($)	Mar. 31, 2020USD ($)tranche	Mar. 31, 2020COP ($)tranche	Mar. 31, 2020INR (₨)tranche	Dec. 31, 2019USD ($)
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 10,886,000,000									$ 11,004,000,000
March 2020 Refinancing Maturing March 2027
Disclosure of detailed information about borrowings [line items]
Principal value							$ 50,000,000	$ 200,000,000,000
Interest rate (%)							2.36%	2.36%	2.36%
Number of tranches | tranche							2	2	2
Solar Portfolio, India, Maturing 2032 To 2037
Disclosure of detailed information about borrowings [line items]
Principal value							$ 20,000,000		₨ 1,460,000,000
Interest rate (%)							9.75%	9.75%	9.75%
Borrowings, adjustment to interest rate basis							1.45%	1.45%	1.45%
Solar Development Project, Brazil, Maturing 2021
Disclosure of detailed information about borrowings [line items]
Principal value			$ 46,000,000	R$ 250000000
Interest rate (%)			5.30%	5.30%
Hydroelectric Facility, Canada, Maturing 2044
Disclosure of detailed information about borrowings [line items]
Principal value	17,000,000	$ 23,000,000
Interest rate (%)			3.50%	3.50%
Commercial paper
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 140,000,000									0
Interest rate (%)	0.60%	0.60%
Credit facilities
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 0									$ 299,000,000
Principal value	1,750,000,000
Interest rate (%)										2.90%
Letters of Credit
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 0									$ 0
Medium Term Notes | Series 11 (C$475)
Disclosure of detailed information about borrowings [line items]
Principal value					$ 124,000,000	$ 175,000,000
Interest rate (%)					4.25%	4.25%
Medium Term Notes | Series 12 (C$475)
Disclosure of detailed information about borrowings [line items]
Principal value					$ 124,000,000	$ 175,000,000
Interest rate (%)					3.38%	3.38%

BORROWINGS - Summary of Availab

BORROWINGS - Summary of Available Credit Facilities (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Disclosure of credit facilities line item
Available portion of corporate credit facilities		$ 1,985
Authorized corporate credit facilities
Disclosure of credit facilities line item
Available portion of corporate credit facilities	$ 2,150	2,150
Draws on corporate credit facilities
Disclosure of credit facilities line item
Available portion of corporate credit facilities	0	299
Authorized letter of credit facility
Disclosure of credit facilities line item
Available portion of corporate credit facilities	400	400
Issued letters of credit
Disclosure of credit facilities line item
Available portion of corporate credit facilities	258	$ 266
Available portion of corporate credit facilities
Disclosure of credit facilities line item
Available portion of corporate credit facilities	$ 2,292

BORROWINGS - Composition of Non

BORROWINGS - Composition of Non-recourse Borrowings (Details) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2020USD ($)year	Dec. 31, 2018year	Dec. 31, 2019USD ($)
Disclosure of detailed information about borrowings [line items]
Add: Unamortized premium	$ 6		$ 0
Less: Current portion	(140)		0
Non-recourse borrowings	$ 7,572		$ 8,219
Non-recourse borrowing
Disclosure of detailed information about borrowings [line items]
Interest rate (%)	5.70%		5.70%
Term (years) | year	9	10
Principal value	$ 8,811		$ 8,964
Add: Unamortized premium	8		9
Less: Unamortized financing fees	(57)		(69)
Less: Current portion	(1,190)		(685)
Non-recourse borrowings	7,572		8,219
Estimated fair value	$ 9,538		$ 9,573
Non-recourse borrowing | Hydroelectric
Disclosure of detailed information about borrowings [line items]
Interest rate (%)	5.90%		5.90%
Term (years) | year	9	10
Principal value	$ 6,569		$ 6,616
Estimated fair value	$ 7,196		$ 7,106
Non-recourse borrowing | Wind
Disclosure of detailed information about borrowings [line items]
Interest rate (%)	5.20%		5.20%
Term (years) | year	10	11
Principal value	$ 1,861		$ 1,899
Estimated fair value	$ 1,961		$ 2,006
Non-recourse borrowing | Solar
Disclosure of detailed information about borrowings [line items]
Interest rate (%)	5.20%		5.10%
Term (years) | year	5	5
Principal value	$ 304		$ 355
Estimated fair value	$ 302		$ 363
Non-recourse borrowing | Storage and other
Disclosure of detailed information about borrowings [line items]
Interest rate (%)	3.30%		3.90%
Term (years) | year	1	4
Principal value	$ 77		$ 94
Estimated fair value	79		98
Subscription Facility | Non-recourse borrowing
Disclosure of detailed information about borrowings [line items]
Principal value	117		$ 142
Lease liabilities | Hydroelectric
Disclosure of detailed information about borrowings [line items]
Estimated fair value	$ 554

NON-CONTROLLING INTERESTS - Sum

NON-CONTROLLING INTERESTS - Summary of Non-controlling Interests (Details) - USD ($) $ in Millions	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Disclosure of Non Controlling Interest [Line Items]
Non-controlling interests	$ 11,258		$ 12,722
Preferred equity	16,174	$ 16,357	18,131	$ 17,250	$ 17,598	$ 17,206
Participating non-controlling interests – in operating subsidiaries
Disclosure of Non Controlling Interest [Line Items]
Non-controlling interests	7,813		8,742			8,129
Preferred equity	7,813	7,760	8,742	8,226	8,456	8,129
General partnership interest in a holding subsidiary held by Brookfield
Disclosure of Non Controlling Interest [Line Items]
Non-controlling interests	58		68
Preferred equity	58	60	68	65	66	66
Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield
Disclosure of Non Controlling Interest [Line Items]
Non-controlling interests	2,816		3,315
Preferred equity	2,816	2,923	3,315	3,166	3,221	3,252
Preferred equity
Disclosure of Non Controlling Interest [Line Items]
Preferred equity	$ 571	$ 551	$ 597	$ 591	$ 580	$ 568

NON-CONTROLLING INTERESTS - Rol

NON-CONTROLLING INTERESTS - Rollforward of Participating Non-controlling Interests (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of subsidiaries [line items]
Beginning Balance			$ 12,722
Capital contributions	$ 0	$ 10	7	$ 257
Disposal		(53)		(53)
Other	(24)	0	(50)	1
Ending Balance	11,258		11,258		$ 12,722
Participating non-controlling interests – in operating subsidiaries
Disclosure of subsidiaries [line items]
Beginning Balance			8,742	8,129	8,129
Net income (loss)			118		262
OCI			(788)		795
Capital contributions			8		430
Disposal		(53)		(53)	(172)
Distributions			(251)		(706)
Other		$ (1)	(16)	(5)	4
Ending Balance	7,813		7,813		8,742
Participating non-controlling interests – in operating subsidiaries | Brookfield Americas Infrastructure Fund
Disclosure of subsidiaries [line items]
Beginning Balance			922	900	900
Net income (loss)			(5)		0
OCI			(38)		46
Capital contributions			0		0
Disposal					0
Distributions			(5)		(24)
Other			2		0
Ending Balance	876		$ 876		922
Participating non-controlling interests – in operating subsidiaries | Brookfield Americas Infrastructure Fund | Bottom of range
Disclosure of subsidiaries [line items]
Interests held by third parties			75.00%
Participating non-controlling interests – in operating subsidiaries | Brookfield Americas Infrastructure Fund | Top of range
Disclosure of subsidiaries [line items]
Interests held by third parties			80.00%
Participating non-controlling interests – in operating subsidiaries | Brookfield Infrastructure Fund II
Disclosure of subsidiaries [line items]
Beginning Balance			$ 1,851	1,929	1,929
Net income (loss)			(6)		(13)
OCI			(114)		134
Capital contributions			3		0
Disposal					(87)
Distributions			(25)		(120)
Other			1		8
Ending Balance	1,710		$ 1,710		1,851
Participating non-controlling interests – in operating subsidiaries | Brookfield Infrastructure Fund II | Bottom of range
Disclosure of subsidiaries [line items]
Interests held by third parties			43.00%
Participating non-controlling interests – in operating subsidiaries | Brookfield Infrastructure Fund II | Top of range
Disclosure of subsidiaries [line items]
Interests held by third parties			60.00%
Participating non-controlling interests – in operating subsidiaries | Brookfield Infrastructure Fund III
Disclosure of subsidiaries [line items]
Beginning Balance			$ 2,597	2,469	2,469
Net income (loss)			22		73
OCI			(283)		330
Capital contributions			2		2
Disposal					0
Distributions			(123)		(274)
Other			(14)		(3)
Ending Balance	2,201		$ 2,201		2,597
Participating non-controlling interests – in operating subsidiaries | Brookfield Infrastructure Fund III | Bottom of range
Disclosure of subsidiaries [line items]
Interests held by third parties			23.00%
Participating non-controlling interests – in operating subsidiaries | Brookfield Infrastructure Fund III | Top of range
Disclosure of subsidiaries [line items]
Interests held by third parties			71.00%
Participating non-controlling interests – in operating subsidiaries | Brookfield Infrastructure Fund IV
Disclosure of subsidiaries [line items]
Beginning Balance			$ 163	0	0
Net income (loss)			14		6
OCI			1		(3)
Capital contributions			19		159
Disposal					0
Distributions			0		0
Other			(2)		1
Ending Balance	195		$ 195		163
Interests held by third parties			75.00%
Participating non-controlling interests – in operating subsidiaries | Canadian Hydroelectric Portfolio
Disclosure of subsidiaries [line items]
Beginning Balance			$ 618	276	276
Net income (loss)			19		19
OCI			(26)		61
Capital contributions			(18)		268
Disposal					0
Distributions			0		(1)
Other			(1)		(5)
Ending Balance	592		$ 592		618
Interests held by third parties			50.00%
Participating non-controlling interests – in operating subsidiaries | The Catalyst Group
Disclosure of subsidiaries [line items]
Beginning Balance			$ 89	124	124
Net income (loss)			14		17
OCI			0		(41)
Capital contributions			0		0
Disposal					0
Distributions			(9)		(11)
Other			(1)		0
Ending Balance	93		$ 93		89
Interests held by third parties			25.00%
Participating non-controlling interests – in operating subsidiaries | Isagen institutional investors
Disclosure of subsidiaries [line items]
Beginning Balance			$ 2,375	2,212	2,212
Net income (loss)			60		154
OCI			(312)		266
Capital contributions			0		0
Disposal					0
Distributions			(81)		(259)
Other			2		2
Ending Balance	2,044		$ 2,044		2,375
Interests held by third parties			53.00%
Participating non-controlling interests – in operating subsidiaries | Isagen public non-controlling interests
Disclosure of subsidiaries [line items]
Beginning Balance			$ 13	15	15
Net income (loss)			0		1
OCI			(2)		2
Capital contributions			0		(2)
Disposal					0
Distributions			0		(1)
Other			(1)		(2)
Ending Balance	10		$ 10		13
Interests held by third parties			0.30%
Participating non-controlling interests – in operating subsidiaries | Other
Disclosure of subsidiaries [line items]
Beginning Balance			$ 114	$ 204	204
Net income (loss)			0		5
OCI			(14)		0
Capital contributions			2		3
Disposal					(85)
Distributions			(8)		(16)
Other			(2)		3
Ending Balance	$ 92		$ 92		$ 114
Participating non-controlling interests – in operating subsidiaries | Other | Bottom of range
Disclosure of subsidiaries [line items]
Interests held by third parties			20.00%
Participating non-controlling interests – in operating subsidiaries | Other | Top of range
Disclosure of subsidiaries [line items]
Interests held by third parties			50.00%

NON-CONTROLLING INTERESTS - Nar

NON-CONTROLLING INTERESTS - Narrative (Details) - $ / shares	1 Months Ended	6 Months Ended
	Jan. 31, 2020	Jun. 30, 2020	Dec. 31, 2019
LP Units
Disclosure of Non Controlling Interest [Line Items]
Dividends recognised as distributions to owners per share	$ 2.17
General partnership interest in a holding subsidiary held by Brookfield | BRELP
Disclosure of Non Controlling Interest [Line Items]
Ownership percentage		1.00%
Non-controlling interests | BRELP
Disclosure of Non Controlling Interest [Line Items]
Dividends recognised as distributions to owners per share		$ 0.4225
Incentive Distribution, Percent		25.00%
Non-controlling interests | LP Units | BRELP
Disclosure of Non Controlling Interest [Line Items]
Dividends recognised as distributions to owners per share		$ 0.375
Incentive Distribution, Percent		15.00%
Non-controlling interests | GP interests
Disclosure of Non Controlling Interest [Line Items]
Common units outstanding		2,651,506	2,651,506
Non-controlling interests | Redeemable/Exchangeable partnership units
Disclosure of Non Controlling Interest [Line Items]
Common units outstanding		129,658,623	129,658,623
Class A Preference Shares
Disclosure of Non Controlling Interest [Line Items]
Class A Preference shares repurchased (in shares)		0

NON-CONTROLLING INTERESTS - Com

NON-CONTROLLING INTERESTS - Components of Distributions (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Disclosure of dividends [line items]
Dividends declared for the year ended	$ 87	$ 80	$ 176	$ 163
General partnership interest in a holding subsidiary held by Brookfield
Disclosure of dividends [line items]
Dividends declared for the year ended	2	1	3	3
Incentive Distribution
Disclosure of dividends [line items]
Dividends declared for the year ended	15	12	31	25
Non-participating Noncontrolling Interests
Disclosure of dividends [line items]
Dividends declared for the year ended	17	13	34	28
Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield
Disclosure of dividends [line items]
Dividends declared for the year ended	$ 70	$ 67	$ 142	$ 135

NON-CONTROLLING INTERESTS - S_2

NON-CONTROLLING INTERESTS - Summary of Preferred Equity (Details) - USD ($) shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of preference shares [Line Items]
Distributions or dividends declared	$ (378)	$ (452)	$ (662)	$ (778)
Non-controlling interests	11,258		$ 11,258		$ 12,722
Series 1 (C$136)
Disclosure of preference shares [Line Items]
Increase (decrease) in number of shares outstanding			5,450
Cumulative dividend rate (%)			3.36%
Earliest permitted redemption date			Apr 2020
Distributions or dividends declared			$ 2	2
Non-controlling interests	100		$ 100		105
Series 2 (C$113)
Disclosure of preference shares [Line Items]
Increase (decrease) in number of shares outstanding			4,510
Cumulative dividend rate (%)			2.85%
Earliest permitted redemption date			Apr 2020
Distributions or dividends declared			$ 2	2
Non-controlling interests	82		$ 82		86
Series 3 (C$249)
Disclosure of preference shares [Line Items]
Increase (decrease) in number of shares outstanding			9,960
Cumulative dividend rate (%)			4.40%
Earliest permitted redemption date			Jul 2019
Distributions or dividends declared			$ 4	4
Non-controlling interests	183		$ 183		192
Series 5 (C$103)
Disclosure of preference shares [Line Items]
Increase (decrease) in number of shares outstanding			4,110
Cumulative dividend rate (%)			5.00%
Earliest permitted redemption date			Apr 2018
Distributions or dividends declared			$ 2	2
Non-controlling interests	76		$ 76		79
Series 6 (C$175)
Disclosure of preference shares [Line Items]
Increase (decrease) in number of shares outstanding			7,000
Cumulative dividend rate (%)			5.00%
Earliest permitted redemption date			Jul 2018
Distributions or dividends declared			$ 3	3
Non-controlling interests	130		$ 130		135
Class A Preference Shares
Disclosure of preference shares [Line Items]
Increase (decrease) in number of shares outstanding			31,030
Distributions or dividends declared			$ 13	$ 13
Non-controlling interests	$ 571		$ 571		$ 597

PREFERRED LIMITED PARTNERS' E_3

PREFERRED LIMITED PARTNERS' EQUITY - Summary of Preferred Limited Partners' Equity (Details) $ in Millions, $ in Millions	Feb. 24, 2020CAD ($)	Jun. 30, 2020USD ($)shares	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)shares	Jun. 30, 2020CAD ($)	Jun. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Disclosure of classes of share capital [line items]
Number of shares outstanding (in shares) | shares		175,491,567		175,491,567
Dividends recognised as distributions to owners		$ 87	$ 80	$ 176		$ 163
Preferred limited partners' equity		$ 1,028		$ 1,028			$ 833
Series 5 (C$72)
Disclosure of classes of share capital [line items]
Proceeds from issuing shares					$ 72
Number of shares outstanding (in shares) | shares		2,890,000		2,890,000
Cumulative dividend rate (%)				5.59%	5.59%
Earliest permitted redemption date				Apr 2018	Apr 2018
Dividends recognised as distributions to owners				$ 1		2
Preferred limited partners' equity		$ 49		$ 49			49
Series 7 (C$175)
Disclosure of classes of share capital [line items]
Proceeds from issuing shares					$ 175
Number of shares outstanding (in shares) | shares		7,000,000		7,000,000
Cumulative dividend rate (%)				5.50%	5.50%
Earliest permitted redemption date				Jan 2021	Jan 2021
Dividends recognised as distributions to owners				$ 4		4
Preferred limited partners' equity		$ 128		$ 128			128
Series 9 (C$200)
Disclosure of classes of share capital [line items]
Proceeds from issuing shares					$ 200
Number of shares outstanding (in shares) | shares		8,000,000		8,000,000
Cumulative dividend rate (%)				5.75%	5.75%
Earliest permitted redemption date				Jul 2021	Jul 2021
Dividends recognised as distributions to owners				$ 4		4
Preferred limited partners' equity		$ 147		$ 147			147
Series 11 (C$250)
Disclosure of classes of share capital [line items]
Proceeds from issuing shares					$ 250
Number of shares outstanding (in shares) | shares		10,000,000		10,000,000
Cumulative dividend rate (%)				5.00%	5.00%
Earliest permitted redemption date				Apr 2022	Apr 2022
Dividends recognised as distributions to owners				$ 5		5
Preferred limited partners' equity		$ 187		$ 187			187
Series 13 (C$250)
Disclosure of classes of share capital [line items]
Proceeds from issuing shares					$ 250
Number of shares outstanding (in shares) | shares		10,000,000		10,000,000
Cumulative dividend rate (%)				5.00%	5.00%
Earliest permitted redemption date				Apr 2023	Apr 2023
Dividends recognised as distributions to owners				$ 5		4
Preferred limited partners' equity		$ 196		$ 196			196
Series 15 (C$175)
Disclosure of classes of share capital [line items]
Proceeds from issuing shares					$ 175
Number of shares outstanding (in shares) | shares		7,000,000		7,000,000
Cumulative dividend rate (%)				5.75%	5.75%
Earliest permitted redemption date				Apr 2024	Apr 2024
Dividends recognised as distributions to owners				$ 4		2
Preferred limited partners' equity		$ 126		$ 126			126
Series 17 ($200)
Disclosure of classes of share capital [line items]
Proceeds from issuing shares	$ 200				$ 200
Number of shares outstanding (in shares) | shares		8,000,000		8,000,000
Cumulative dividend rate (%)	5.25%			5.25%	5.25%
Earliest permitted redemption date				Mar 2025	Mar 2025
Dividends recognised as distributions to owners				$ 3		0
Preferred limited partners' equity		$ 195		$ 195			0
Preferred limited partners' equity
Disclosure of classes of share capital [line items]
Number of shares outstanding (in shares) | shares		52,890,000		52,890,000
Dividends recognised as distributions to owners				$ 26		$ 21
Preferred limited partners' equity		$ 1,028		$ 1,028			$ 833

PREFERRED LIMITED PARTNERS' E_4

PREFERRED LIMITED PARTNERS' EQUITY - Narrative (Details) $ / shares in Units, $ in Millions	Feb. 24, 2020CAD ($)$ / sharesshares	Jul. 31, 2020	Jun. 30, 2020$ / shares	Jun. 30, 2020CAD ($)shares
Disclosure of preferred limited partners [Line Items]
Issuance price per share (USD per share) | $ / shares			$ 48.85
Percent of public float allowable for repurchase		10.00%
Series 17 ($200)
Disclosure of preferred limited partners [Line Items]
Number of shares issued (in shares) | shares	8,000,000
Issuance price per share (USD per share) | $ / shares	$ 25
Proceeds from issuing shares | $	$ 200			$ 200
Share issue related cost | $	$ 5
Cumulative dividend rate (%)	5.25%			5.25%
Class A Preference Shares
Disclosure of preferred limited partners [Line Items]
Class A Preference shares repurchased (in shares) | shares				0

LIMITED PARTNERS' EQUITY - Narr

LIMITED PARTNERS' EQUITY - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	Jan. 31, 2020	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of limited partners equity [Line Items]
Number of shares outstanding (in shares)		175,491,567		175,491,567
Number of units issued (in shares)		10,236,000
Issuance price per share (USD per share)		$ 48.85
Proceeds from issuing other equity instruments		$ 500
Cost of LP Units repurchase					$ (1)
Brookfield Asset Management
Disclosure of limited partners equity [Line Items]
Ownership percentage		57.00%		57.00%
Brookfield Asset Management | Ownership interest in BEP
Disclosure of limited partners equity [Line Items]
Ownership percentage		26.00%		26.00%
Brookfield Asset Management | Ownership interest in BRELP
Disclosure of limited partners equity [Line Items]
Ownership percentage		42.00%		42.00%
Public shareholders
Disclosure of limited partners equity [Line Items]
Ownership percentage		43.00%		43.00%
LP Units
Disclosure of limited partners equity [Line Items]
Number of shares outstanding (in shares)		179,047,436		179,047,436		178,977,800
Maximum units for normal course issuer bid						8,900,000
Percentage of units for normal course issuer bid						5.00%
Increase (decrease) in number of shares outstanding		0		0
Number of units repurchased (in units)					20,000
Cost of LP Units repurchase					$ 1
Dividends recognised as distributions to owners per share	$ 2.17
Incremental increase in distributions	$ 0.11
LP Units | Distribution reinvestment plan
Disclosure of limited partners equity [Line Items]
Units issued under distribution reinvestment plan (in units)		30,458	54,749	69,636	105,248
Share issue related cost		$ 1	$ 1	$ 3	$ 3
LP Units | Brookfield Asset Management
Disclosure of limited partners equity [Line Items]
Number of shares outstanding (in shares)		45,832,944		45,832,944		56,068,944
GP interests | Brookfield Asset Management | Ownership interest in BEP
Disclosure of limited partners equity [Line Items]
Ownership percentage		0.01%		0.01%		0.01%
GP interests | Brookfield Asset Management | Ownership interest in BRELP
Disclosure of limited partners equity [Line Items]
Ownership percentage		1.00%		1.00%

LIMITED PARTNERS' EQUITY - Comp

LIMITED PARTNERS' EQUITY - Composition of Distributions (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Disclosure of classes of share capital [line items]
Dividends recognised as distributions to owners	$ 87	$ 80	$ 176	$ 163
LP Units
Disclosure of classes of share capital [line items]
Dividends recognised as distributions to owners	97	92	196	185
Brookfield Asset Management | LP Units
Disclosure of classes of share capital [line items]
Dividends recognised as distributions to owners	29	29	60	58
Public shareholders | LP Units
Disclosure of classes of share capital [line items]
Dividends recognised as distributions to owners	$ 68	$ 63	$ 136	$ 127

EQUITY-ACCOUNTED INVESTMENTS -

EQUITY-ACCOUNTED INVESTMENTS - Summary of Equity-Accounted Investments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of joint ventures [line items]
Balance, beginning of year			$ 1,889
Acquisition			15
Share of net income (loss)			(31)
Share of other comprehensive income			(8)
Dividends received			(42)
Foreign exchange translation and other			(44)
Balance, end of year	$ 1,779		1,779
Revenue	371	$ 356	755	$ 715
Net income (loss)	(81)	(9)	(153)	101
Share of net income (loss)	(15)	$ 0	(31)	$ 32
Current assets	1,118		1,118		$ 1,102
Property, plant and equipment	16,938		16,938		16,256
Other assets	537		537		571
Current liabilities	1,303		1,303		1,279
Non-recourse borrowings	7,905		7,905		7,365
Other liabilities	$ 3,153		$ 3,153		$ 2,580
Bottom of range
Disclosure of joint ventures [line items]
Ownership interest			14.00%
Top of range
Disclosure of joint ventures [line items]
Ownership interest			50.00%

GOODWILL (Details)

GOODWILL (Details) $ in Millions	Jun. 30, 2020USD ($)
Changes in goodwill [abstract]
Beginning of year	$ 821
End of year	$ 716

CASH AND CASH EQUIVALENTS (Deta

CASH AND CASH EQUIVALENTS (Details) - USD ($) $ in Millions	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Disclosure Of Detailed Information About Cash And Cash Equivalents [Abstract]
Cash	$ 216		$ 103
Short-term deposits	13		12
Cash and cash equivalents, net	$ 229	$ 294	$ 115	$ 322	$ 177	$ 173

RESTRICTED CASH (Details)

RESTRICTED CASH (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Disclosure Of Detailed Information About Restricted Cash [Abstract]
Operations	$ 104	$ 87
Credit obligations	81	69
Development projects	48	17
Total	233	173
Less: non-current	(11)	(19)
Current	$ 222	$ 154

TRADE RECEIVABLES AND OTHER C_3

TRADE RECEIVABLES AND OTHER CURRENT ASSETS - Summary of Trade Receivables and Other Current Assets (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Disclosure Trade Receivables and Other Current Assets [Abstract]
Trade receivables	$ 333	$ 406
Prepaids and other	82	119
Other short-term receivables	139	142
Current portion of contract asset	50	51
Trade receivables and other current assets, net	$ 604	$ 718

ACCOUNTS PAYABLE AND ACCRUED _3

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES - Summary of Accounts Payable and Accrued Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Disclosure Accounts Payable and Accured Liabilities [Abstract]
Operating accrued liabilities	$ 207	$ 237
Accounts payable	76	111
Interest payable on borrowings	71	73
Deferred consideration	39	60
LP Unitholders, distributions, preferred limited partnership unit distributions and preferred dividends payable	39	33
Current portion of lease liabilities	15	15
Other	77	61
Total accounts payable and accrued liabilities	$ 524	$ 590

COMMITMENTS, CONTINGENCIES AN_3

COMMITMENTS, CONTINGENCIES AND GUARANTEES - Narrative (Details) $ in Millions, $ in Millions	3 Months Ended				6 Months Ended
	Dec. 31, 2020USD ($)	Sep. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Oct. 31, 2020CAD ($)
Disclosure of contingent liabilities [line items]
Agreements renewable and extended period maximum					2089
Investment in equity-accounted investments			$ 3	$ 4	$ 15	$ 4
TransAlta
Disclosure of contingent liabilities [line items]
Increase in ownership percentage			9.00%		9.00%
Tranche 2 | TransAlta
Disclosure of contingent liabilities [line items]
Capital commitments							$ 400
210 MW Solar Development Portfolio, Brazil
Disclosure of contingent liabilities [line items]
Investment in equity-accounted investments		$ 37
Ownership interest		25.00%
1,200 MW Solar Development Portfolio, Brazil
Disclosure of contingent liabilities [line items]
Investment in equity-accounted investments	$ 50
Ownership interest	25.00%

COMMITMENTS, CONTINGENCIES AN_4

COMMITMENTS, CONTINGENCIES AND GUARANTEES - Summary of Letters of Credit Issued (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Disclosure of contingent liabilities [line items]
Issued letters of credit	$ 296	$ 336
Brookfield Renewable along with institutional investors
Disclosure of contingent liabilities [line items]
Issued letters of credit	48	50
Brookfield Renewable's subsidiaries
Disclosure of contingent liabilities [line items]
Issued letters of credit	$ 248	$ 286

RELATED PARTY TRANSACTIONS - Na

RELATED PARTY TRANSACTIONS - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Disclosure of detailed information about borrowings [line items]
Current borrowings and current portion of non-current borrowings					$ 1,985,000,000
Letter Of Credit Facility
Disclosure of detailed information about borrowings [line items]
Current borrowings and current portion of non-current borrowings	$ 400,000,000		$ 400,000,000		$ 400,000,000
Brookfield Asset Management
Disclosure of detailed information about borrowings [line items]
Deposit	0	$ 600,000,000	0	$ 600,000,000
Interest expense	0	$ 0	0	$ 3,000,000
Brookfield Asset Management | Letter Of Credit Facility
Disclosure of detailed information about borrowings [line items]
Current borrowings and current portion of non-current borrowings	$ 400,000,000		400,000,000
Brookfield Asset Management | Unsecured Revolving Credit Facility
Disclosure of detailed information about borrowings [line items]
Proceeds from non-current borrowings			$ 0
LIBOR | Brookfield Asset Management | Letter Of Credit Facility
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis	1.80%		1.80%

RELATED PARTY TRANSACTIONS - In

RELATED PARTY TRANSACTIONS - Income Statement (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Interest costs [abstract]
Management service costs	$ (36,000,000)	$ (23,000,000)	$ (67,000,000)	$ (44,000,000)
Brookfield Asset Management
Revenues
Power purchase and revenue agreements	84,000,000	209,000,000	180,000,000	368,000,000
Wind levelization agreement	0	0	0	1,000,000
Total related party revenues	84,000,000	209,000,000	180,000,000	369,000,000
Direct operating costs
Energy purchases	0	(2,000,000)	0	(5,000,000)
Energy marketing fee	(2,000,000)	(6,000,000)	(2,000,000)	(12,000,000)
Insurance services	(6,000,000)	(7,000,000)	(12,000,000)	(14,000,000)
Total related party direct operating costs	(8,000,000)	(15,000,000)	(14,000,000)	(31,000,000)
Interest costs [abstract]
Borrowings	0	0	0	(3,000,000)
Contract balance accretion	(4,000,000)	(3,000,000)	(8,000,000)	(5,000,000)
Total interest expense	(4,000,000)	(3,000,000)	(8,000,000)	(8,000,000)
Management service costs	(36,000,000)	(23,000,000)	(67,000,000)	(44,000,000)
Insurance services (less than)	6,000,000	7,000,000	$ 12,000,000	$ 14,000,000
Brookfield Asset Management Subsidiaries
Direct operating costs
Insurance services	1,000,000	1,000,000
Interest costs [abstract]
Insurance services (less than)	$ (1,000,000)	$ (1,000,000)

SUBSIDIARY PUBLIC ISSUERS - Bal

SUBSIDIARY PUBLIC ISSUERS - Balance Sheet (Details) - USD ($) $ in Millions	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Disclosure of subsidiaries [line items]
Current assets	$ 1,410		$ 1,474
Long-term assets	31,915		34,217
Current liabilities	2,171		1,678
Long-term liabilities	14,980		15,882
Preferred equity	16,174	$ 16,357	18,131	$ 17,250	$ 17,598	$ 17,206
Participating non-controlling interests – in operating subsidiaries
Disclosure of subsidiaries [line items]
Preferred equity	7,813	7,760	8,742	8,226	8,456	8,129
Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield
Disclosure of subsidiaries [line items]
Preferred equity	2,816	2,923	3,315	3,166	3,221	3,252
Preferred equity
Disclosure of subsidiaries [line items]
Preferred equity	571	$ 551	597	$ 591	$ 580	$ 568
Preferred limited partners' equity
Disclosure of subsidiaries [line items]
Preferred equity	1,028		833
Brookfield Renewable
Disclosure of subsidiaries [line items]
Current assets	36		32
Long-term assets	4,936		5,428
Current liabilities	45		40
Long-term liabilities	0		0
Brookfield Renewable | Preferred limited partners' equity
Disclosure of subsidiaries [line items]
Preferred equity	1,028		833
BRP Equity
Disclosure of subsidiaries [line items]
Current assets	390		408
Long-term assets	240		251
Current liabilities	6		7
Long-term liabilities	0		0
BRP Equity | Preferred equity
Disclosure of subsidiaries [line items]
Preferred equity	571		597
BRP Equity | Preferred limited partners' equity
Disclosure of subsidiaries [line items]
Preferred equity	0		0
Finco
Disclosure of subsidiaries [line items]
Current assets	2,016		1,832
Long-term assets	2		2
Current liabilities	26		24
Long-term liabilities	1,984		1,801
Finco | Preferred limited partners' equity
Disclosure of subsidiaries [line items]
Preferred equity	0		0
Holding Entities
Disclosure of subsidiaries [line items]
Current assets	250		133
Long-term assets	22,708		25,068
Current liabilities	4,232		3,918
Long-term liabilities	139		300
Holding Entities | Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield
Disclosure of subsidiaries [line items]
Preferred equity	2,816		3,315
Holding Entities | Preferred limited partners' equity
Disclosure of subsidiaries [line items]
Preferred equity	1,039		844
Other Subsidiaries
Disclosure of subsidiaries [line items]
Current assets	3,313		3,230
Long-term assets	32,152		34,500
Current liabilities	2,455		1,852
Long-term liabilities	13,500		14,440
Other Subsidiaries | Participating non-controlling interests – in operating subsidiaries
Disclosure of subsidiaries [line items]
Preferred equity	7,813		8,742
Other Subsidiaries | Preferred limited partners' equity
Disclosure of subsidiaries [line items]
Preferred equity	0		0
Consolidating adjustments
Disclosure of subsidiaries [line items]
Current assets	(4,595)		(4,161)
Long-term assets	(28,123)		(31,032)
Current liabilities	(4,593)		(4,163)
Long-term liabilities	(643)		(659)
Consolidating adjustments | Preferred limited partners' equity
Disclosure of subsidiaries [line items]
Preferred equity	$ (1,039)		$ (844)

SUBSIDIARY PUBLIC ISSUERS - Inc

SUBSIDIARY PUBLIC ISSUERS - Income Statement (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Disclosure of subsidiaries [line items]
Revenues	$ 651	$ 787	$ 1,443	$ 1,612
Net income (loss)	11	109	131	262
Brookfield Renewable
Disclosure of subsidiaries [line items]
Revenues	0	0	0	0
Net income (loss)	(11)	21	11	56
BRP Equity
Disclosure of subsidiaries [line items]
Revenues	0	0	0	0
Net income (loss)	0	0	0	0
Finco
Disclosure of subsidiaries [line items]
Revenues	0	0	0	0
Net income (loss)	1	0	1	2
Holding Entities
Disclosure of subsidiaries [line items]
Revenues	0	1	0	0
Net income (loss)	28	44	(35)	55
Other Subsidiaries
Disclosure of subsidiaries [line items]
Revenues	651	786	1,443	1,612
Net income (loss)	358	414	690	746
Consolidating adjustments
Disclosure of subsidiaries [line items]
Revenues	0	0	0	0
Net income (loss)	$ (365)	$ (370)	$ (536)	$ (597)

SUBSEQUENT EVENTS - Narrative (

SUBSEQUENT EVENTS - Narrative (Details) - $ / shares	Jul. 30, 2020	Jul. 31, 2020	Jul. 29, 2020
Disclosure of non-adjusting events after reporting period [line items]
Number of shares received per unit held (in shares)	0.25
Certain Brazilian and Columbian Operations
Disclosure of non-adjusting events after reporting period [line items]
Percent of interest retained			10.00%
TerraForm Power
Disclosure of non-adjusting events after reporting period [line items]
Ownership percentage	62.00%
Business combination, share conversion rate (USD per share)		0.47625
TerraForm Power | BEPC Exchangeable Units
Disclosure of non-adjusting events after reporting period [line items]
Business combination, shares exchanged (in shares)		37,035,241
TerraForm Power | LP Units
Disclosure of non-adjusting events after reporting period [line items]
Business combination, shares exchanged (in shares)		4,034,469
Minimum
Disclosure of non-adjusting events after reporting period [line items]
Incentive distribution rights calculation threshold	$ 0.300
Maximum
Disclosure of non-adjusting events after reporting period [line items]
Incentive distribution rights calculation threshold	$ 0.338
General partnership interest in a holding subsidiary held by Brookfield | BRELP
Disclosure of non-adjusting events after reporting period [line items]
Ownership percentage	1.00%
Brookfield and Subsidiaries
Disclosure of non-adjusting events after reporting period [line items]
Number of shares received (in shares)	33,100,000
Brookfield Renewable
Disclosure of non-adjusting events after reporting period [line items]
Number of shares received (in shares)	44,700,000
Holders of Units
Disclosure of non-adjusting events after reporting period [line items]
Ownership percentage	42.80%
Brookfield and Affiliates
Disclosure of non-adjusting events after reporting period [line items]
Ownership percentage	57.20%
Brookfield and Affiliates | TerraForm Power | BEPC Exchangeable Units
Disclosure of non-adjusting events after reporting period [line items]
Ownership percentage	84.70%
Brookfield Renewable Subsidiary
Disclosure of non-adjusting events after reporting period [line items]
Proportion of voting rights held in subsidiary	75.00%
Holders of LP Units, Excluding Brookfield and Affiliates and Brookfield Renewable | TerraForm Power | BEPC Exchangeable Units
Disclosure of non-adjusting events after reporting period [line items]
Ownership percentage	15.30%
Brookfield Asset Management | TerraForm Power
Disclosure of non-adjusting events after reporting period [line items]
Ownership percentage	51.50%
Brookfield Asset Management | TerraForm Power | Limited Partner Units, Redeemable/Exchangeable Partnership Units, BEPC Exchangeable Shares
Disclosure of non-adjusting events after reporting period [line items]
Number of shares in entity held by entity or by its subsidiaries or associates		220,030,707
Public Investors | TerraForm Power
Disclosure of non-adjusting events after reporting period [line items]
Ownership percentage	48.50%