BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2017

Disclosure of detailed information about borrowings

The current and non-current balances of non-recourse borrowings are as follows:



US$ MILLIONS	Dec. 31, 2017		Dec. 31, 2016
Current	$	364	$	279
Non-current	7,699		7,045
Total	$	8,063	$	7,324



	Maturity	Annual Rate	Currency	2017		2016
Corporate revolving credit facility	June 30, 2022	LIBOR plus 1.2%	US$	789		—
Medium Term Notes⁽¹⁾:
Current:
Public - Canadian	October 10, 2017	3.5%	C$	—		295
Public - Canadian	October 30, 2018	3.0%	C$	99		93
Non-Current:
Public - Canadian	October 30, 2020	3.5%	C$	298		279
Public - Canadian	March 11, 2022	3.5%	C$	358		335
Public - Canadian	February 22, 2024	3.3%	C$	239		—
Public - Canadian	February 22, 2024	3.3%	C$	318		—
Total				$	2,101	$	1,002


(1)	See Note 19, Subsidiary Public Issuers for further details.

Principal repayments on non-recourse borrowings due over the next five years and thereafter are as follows:



US$ MILLIONS	Utilities			Transport			Energy			Total
2018	—			143			229			372
2019	87			261			222			570
2020	304			210			69			583
2021	461			230			4			695
2022	440			323			4			767
Thereafter	2,358			2,095			647			5,100
Total Principal repayments	3,650			3,262			1,175			8,087
Deferred financing costs and other	(1		)	(5		)	(18		)	(24		)
Total - Dec. 31, 2017	$	3,649		$	3,257		$	1,157		$	8,063
Total - Dec. 31, 2016	$	3,207		$	3,163		$	954		$	7,324

The weighted average interest rate of non-recourse borrowings are as follows:



US$ MILLIONS	Utilities		Transport		Energy		Total
Dec. 31, 2017	4	%	5	%	5	%	5	%
Dec. 31, 2016	4	%	5	%	5	%	5	%

Principal repayments on non-recourse borrowings in their local currency are as follows:



US$ MILLIONS, except as noted	Dec. 31, 2017		Local Currency		Dec. 31, 2016		Local Currency
Australian dollars	$	1,013	AUD	1,297	$	922	AUD	1,281
British pounds	1,735		GBP	1,283	1,390		GBP	1,125
U.S. dollars	3,087		USD	3,087	3,039		USD	3,039
Chilean Unidad de Fomento⁽¹⁾	960		UF	22	901		UF	23
Canadian dollars	397		CAD	499	263		CAD	354
Colombian pesos	184		COP	549,384	133		COP	403,030
Peruvian soles	458		PEN	1,483	439		PEN	1,473
Indian rupees	186		INR	11,847	196		INR	13,324
New Zealand dollars	43		NZD	61	41		NZD	59


(1)	Chilean Unidad de Fomento is an inflation adjusted unit of account indexed to the Chilean Peso.

Disclosure of reconciliation of liabilities arising from financing activities

Details of the “Changes in liabilities from financing activities”, including both changes arising from cash flows and non-cash changes are as follows:



US$ MILLIONS	2016		Cash Flows		Acquisition		Foreign Exchange Movement		Fair Value Changes		2017
Corporate borrowings	$	1,002	$	1,020	$	—	$	79	$	—	$	2,101
Non-recourse borrowings	7,324		360		—		379		—		8,063