XML 46 R31.htm IDEA: XBRL DOCUMENT v3.20.2
INTANGIBLE ASSETS (Tables)
 6 Months Ended
Jun. 30, 2020
Intangible Assets [Abstract]  
Disclosure of detailed information about intangible assets
 
As of
US$ MILLIONS
June 30, 2020
 
December 31, 2019
Cost
$
14,012

 
$
15,695

Accumulated amortization
(1,354
)
 
(1,309
)
Total
$
12,658

 
$
14,386

Intangible assets are allocated to the following cash generating units, or group of cash generating units:
 
As of
US$ MILLIONS
June 30, 2020
 
December 31, 2019
Brazilian regulated gas transmission operation
$
2,805

 
$
3,885

North American rail operations
1,999

 
1,992

Australian regulated terminal
1,729

 
1,758

North American residential energy infrastructure operation
1,696

 
1,806

Peruvian toll roads
1,088

 
1,159

Chilean toll roads
729

 
814

Indian toll roads(1)
705

 
769

U.K. telecom towers operation
440

 
472

U.K. port operation
265

 
283

Brazilian electricity transmission operation
252

 
401

Other(2)
950

 
1,047

Total
$
12,658

 
$
14,386

1.
Indian toll roads include $628 million of intangible assets at our investment in Simhapuri Expressway Ltd and Rayalseema Expressway Private Limited and $77 million at BIF India Holdings Pte Ltd.
2.
Other intangibles are comprised of customer contracts at our Australian port operation, our contracted order book at our U.K. regulated distribution operation, and pipeline authorization agreements at our cross-country gas pipeline business in India.
Disclosure of reconciliation of changes in intangible assets and goodwill
The following table presents the accumulated amortization for Brookfield Infrastructure’s intangible assets:
US$ MILLIONS
For the six-month period ended June 30, 2020
 
For the 12 month period ended December 31, 2019
Accumulated amortization at beginning of the period
$
(1,309
)
 
$
(880
)
Disposals
1

 
12

Amortization
(232
)
 
(450
)
Foreign currency translation
186

 
9

Ending Balance
$
(1,354
)
 
$
(1,309
)

The following table presents the change in the cost balance of intangible assets:
US$ MILLIONS
For the six-month period ended June 30, 2020
 
For the 12 month period ended December 31, 2019
Cost at beginning of the period
$
15,695

 
$
12,515

Additions through business combinations
—

 
3,248

Additions, net of disposals
42

 
109

Held for sale
—

 
(1
)
Non-cash additions
—

 
15

Foreign currency translation
(1,725
)
 
(191
)
Ending Balance
$
14,012

 
$
15,695