BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure of detailed information about borrowings

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



US$ MILLIONS	2019		2018
Current	$	1,381	$	985
Non-current	17,163		12,128
Total	$	18,544	$	13,113



	Maturity	Annual Rate	Currency	2019		2018
Corporate revolving credit facility	June 28, 2024	LIBOR plus 1.2%	US$	820		510
Medium Term Notes⁽¹⁾:
Non-Current:
Public - Canadian	October 30, 2020	3.5%	C$	—		275
Public - Canadian	March 11, 2022	3.5%	C$	346		330
Public - Canadian	February 22, 2024	3.3%	C$	231		220
Public - Canadian	February 22, 2024	3.3%	C$	308		293
Public - Canadian	September 11, 2028	4.2%	C$	384		365
Public - Canadian	October 9, 2029	3.4%	C$	386		—
Total				$	2,475	$	1,993


(1)	See Note 21 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			Data Infrastructure			Total
2020	$	463	$	362		$	498		$	82		$	1,405
2021	418		355			240			6			1,019
2022	330		489			750			111			1,680
2023	1,936		361			618			12			2,927
2024	830		560			1,107			6			2,503
Thereafter	1,749		4,475			2,193			725			9,142
Total principal repayments	5,726		6,602			5,406			942			18,676
Deferred financing costs and other	5		(58		)	(60		)	(19		)	(132		)
Total - Dec. 31, 2019	$	5,731	$	6,544		$	5,346		$	923		$	18,544
Total - Dec. 31, 2018	$	5,397	$	3,444		$	3,155		$	1,117		$	13,113

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



US$ MILLIONS	Utilities		Transport		Energy		Data Infrastructure		Total
Dec. 31, 2019	4	%	6	%	5	%	6	%	5	%
Dec. 31, 2018	4	%	6	%	6	%	6	%	5	%

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



US$ MILLIONS, except as noted	Dec. 31, 2019		Local Currency		Dec. 31, 2018		Local Currency
U.S. dollars	$	7,801	USD	7,801	$	5,317	USD	$	5,317
Canadian dollars	2,473		CAD	3,212	1,388		CAD	1,893
British pounds	2,411		GBP	1,819	1,847		GBP	1,447
Brazilian real	1,489		BRL	6,002	1,342		BRL	5,200
Indian rupees	1,427		INR	101,929	565		INR	39,236
Chilean Unidad de Fomento⁽¹⁾	1,099		UF	29	837		UF	21
Australian dollars	1,010		AUD	1,439	925		AUD	1,312
Peruvian soles	452		PEN	1,497	441		PEN	1,486
Colombian pesos	342		COP	1,124,325	411		COP	1,337,497
New Zealand dollars	40		NZD	59	40		NZD	60


(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	2018		Cash Flows		Acquisitions		Foreign Exchange Movement and Other			2019
Corporate borrowings	$	1,993	$	398	$	—	$	84		$	2,475
Non-recourse borrowings	13,113		3,573		1,972		(114		)	18,544