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PROPERTY, PLANT AND EQUIPMENT (Tables)
6 Months Ended
Jun. 30, 2020
Property, plant and equipment [abstract]  
Disclosure of detailed information about property, plant and equipment
US$ MILLIONS
Utilities
Assets
 
Transport
Assets
 
Energy
Assets
 
Data Infrastructure
Assets
 
Total
Assets
Gross Carrying Amount:
 
 
 
 
 
 
 
 
 
Balance at January 1, 2019
$
4,020

 
$
2,485

 
$
4,681

 
$
444

 
$
11,630

Change in accounting policies
21

 
356

 
197

 
633

 
1,207

Additions, net of disposals
467

 
122

 
419

 
8

 
1,016

Non-cash (disposals) additions
(2
)
 
49

 
(270
)
 
(51
)
 
(274
)
Acquisitions through business combinations(1)

 
5,283

 
3,332

 
95

 
8,710

Assets reclassified as held for sale
(458
)
 

 

 

 
(458
)
Net foreign currency exchange differences
135

 
4

 
72

 
2

 
213

Balance at December 31, 2019
$
4,183

 
$
8,299

 
$
8,431

 
$
1,131

 
$
22,044

Additions, net of disposals
173

 
185

 
221

 
14

 
593

Non-cash additions (disposals)
2

 
(82
)
 
(29
)
 
(10
)
 
(119
)
Net foreign currency exchange differences
(291
)
 
(132
)
 
(307
)
 
(14
)
 
(744
)
Balance at June 30, 2020
$
4,067

 
$
8,270

 
$
8,316

 
$
1,121

 
$
21,774

 
 
 
 
 
 
 
 
 
 
Accumulated depreciation:
 
 
 
 
 
 
 
 
 
Balance at January 1, 2019
$
(613
)
 
$
(744
)
 
$
(492
)
 
$

 
$
(1,849
)
Depreciation expense
(171
)
 
(178
)
 
(328
)
 
(87
)
 
(764
)
Disposals (additions)
7

 
2

 
(4
)
 

 
5

Assets reclassified as held for sale
194

 

 

 

 
194

Non-cash disposals (additions)
3

 
(27
)
 
50

 

 
26

Net foreign currency exchange differences
(14
)
 
(3
)
 
(11
)
 
(1
)
 
(29
)
Balance at December 31, 2019
$
(594
)
 
$
(950
)
 
$
(785
)
 
$
(88
)
 
$
(2,417
)
Depreciation expense
(74
)
 
(215
)
 
(204
)
 
(50
)
 
(543
)
Disposals
1

 
4

 
1

 

 
6

Non-cash disposals

 
100

 
2

 
6

 
108

Net foreign currency exchange differences
40

 
34

 
20

 
1

 
95

Balance at June 30, 2020
$
(627
)
 
$
(1,027
)
 
$
(966
)
 
$
(131
)
 
$
(2,751
)
 
 
 
 
 
 
 
 
 
 
Accumulated fair value adjustments:
 
 
 
 
 
 
 
 
 
Balance at January 1, 2019
$
1,401

 
$
810

 
$
822

 
$

 
$
3,033

Assets reclassified as held for sale
(416
)
 

 

 

 
(416
)
Fair value adjustments
347

 
45

 
327

 

 
719

Net foreign currency exchange differences
38

 
2

 
22

 

 
62

Non-cash disposals

 

 
(12
)
 

 
(12
)
Balance at December 31, 2019
$
1,370

 
$
857

 
$
1,159

 
$

 
$
3,386

Net foreign currency exchange differences
(88
)
 
(20
)
 
(22
)
 

 
(130
)
Balance at June 30, 2020
$
1,282

 
$
837

 
$
1,137

 
$

 
$
3,256

 
 
 
 
 
 
 
 
 
 
Net book value:
 
 
 
 
 
 
 
 
 
December 31, 2019
4,959

 
8,206

 
8,805

 
1,043

 
23,013

June 30, 2020(2)
$
4,722

 
$
8,080

 
$
8,487

 
$
990

 
$
22,279

1.
Refer to Note 5 Acquisition of Businesses for further details.
2.
Includes right-of-use assets of $15 million in our utilities segment, $1,271 million in our transport segment, $254 million in our energy segment and $526 million in our data infrastructure segment. Current lease liabilities of $216 million have been included in accounts payable and other and non-current lease liabilities of $1,519 million have been included in other liabilities in the Consolidated Statement of Financial Position.