XML 189 R73.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CAPITAL MANAGEMENT (Tables)
 12 Months Ended
Dec. 31, 2019
Disclosure of Capital Management [Abstract]  
Schedule of invested capital
We define Invested Capital as partnership capital removing the impact of the following items: non-controlling interest - in operating subsidiaries, retained earnings or deficit, accumulated other comprehensive income and ownership changes.
US$ MILLIONS
2019
 
2018
Partnership Capital
$
22,177

 
$
14,668

Remove impact of the following items since inception:
 
 
 
Non-controlling interest - in operating subsidiaries
(14,113
)
 
(7,303
)
Deficit
2,048

 
1,228

Accumulated other comprehensive income
(705
)
 
(328
)
Ownership changes
(398
)
 
(109
)
Invested Capital
$
9,009

 
$
8,156

The following table presents the change in Invested Capital during year ended December 31, 2019:
US$ MILLIONS
2019
 
2018
Opening balance
$
8,156

 
$
7,599

Issuance of preferred units, net of repurchases
72

 
341

Issuances of limited partnership units and redeemable partnership units, net of repurchases
781

 
(16
)
Issuance of Exchange LP Units
—

 
232

Ending balance
$
9,009

 
$
8,156

Weighted Average Invested Capital
$
8,563

 
$
7,858