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INVESTMENT PROPERTIES (Tables)
12 Months Ended
Dec. 31, 2019
Investment property [abstract]  
Disclosure of detailed information about investment property
The following table summarizes the valuation techniques and significant inputs for Brookfield Infrastructure’s investment property. Our partnership has classified all assets below under level 3 of the fair value hierarchy:
Segment
 
Valuation technique
 
Significant unobservable inputs
 
Range of inputs
Transport
 
Direct Income Capitalization
 
Capitalization Rate
 
6% to 14%
Data Infrastructure
 
Direct Income Capitalization
 
Capitalization Rate
 
6% to 8%
The following table presents the carrying amount for Brookfield Infrastructure’s investment properties:
US$ MILLIONS
2019
 
2018
Balance at beginning of the year
$
190

 
$
192

Acquisitions through business combinations(1)
211

 

Additions, net of disposals
2

 

Non-cash additions
5

 

Fair value adjustments

 
13

Foreign currency translation
8

 
(15
)
Balance at end of the year
$
416

 
$
190

 
(1)
See Note 7 Acquisition of Businesses for additional information.