XML 67 R47.htm IDEA: XBRL DOCUMENT
v3.20.4

SEGMENT INFORMATION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Operating Segments [Abstract] |
Summary of financial information by segment |
FOR THE YEAR ENDED DECEMBER 31, 2020 US$ MILLIONS |  | Total attributable to Brookfield Infrastructure |  |  |  |  |  |
| Contribution from investments in associates |  | Attributable to non- controlling interest |  | As per IFRS financials(1)
| Utilities |  | Transport |  | Midstream |  | Data |  | Corporate |  | Total |
Revenues(2) |  | $ | 1,434 |  |  | $ | 1,573 |  |  | $ | 572 |  |  | $ | 519 |  |  | $ | — |  |  | $ | 4,098 |  |  | $ | (1,379) |  |  | $ | 6,166 |  |  | $ | 8,885 |
Costs attributed to revenues |  | (580) |  |  | (767) |  |  | (193) |  |  | (253) |  |  | — |  |  | (1,793) |  |  | 600 |  |  | (3,650) |  |  | (4,843) |
General and administrative costs |  | — |  |  | — |  |  | — |  |  | — |  |  | (312) |  |  | (312) |  |  | — |  |  | — |  |  | (312) |
Adjusted EBITDA |  | 854 |  |  | 806 |  |  | 379 |  |  | 266 |  |  | (312) |  |  | 1,993 |  |  | (779) |  |  | 2,516 |  |  |
Other (expense) income |  | (43) |  |  | (2) |  |  | 3 |  |  | (1) |  |  | 127 |  |  | 84 |  |  | 17 |  |  | (188) |  |  | (87) |
Interest expense |  | (152) |  |  | (214) |  |  | (93) |  |  | (69) |  |  | (95) |  |  | (623) |  |  | 177 |  |  | (733) |  |  | (1,179) |
FFO |  | 659 |  |  | 590 |  |  | 289 |  |  | 196 |  |  | (280) |  |  | 1,454 |  |  | (585) |  |  | 1,595 |  |  |
Depreciation and amortization |  | (268) |  |  | (419) |  |  | (153) |  |  | (194) |  |  | — |  |  | (1,034) |  |  | 471 |  |  | (1,142) |  |  | (1,705) |
Deferred taxes |  | (80) |  |  | 30 |  |  | (10) |  |  | 74 |  |  | (11) |  |  | 3 |  |  | (65) |  |  | 8 |  |  | (54) |
Mark-to-market on hedging items and other |  | (91) |  |  | (116) |  |  | (31) |  |  | (44) |  |  | 253 |  |  | (29) |  |  | 48 |  |  | 49 |  |  | 68 |
Share of earnings from associates |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 131 |  |  | — |  |  | 131 |
Net income attributable to non-controlling interest |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (510) |  |  | (510) |
Net income (loss) attributable to partnership(3) |  | $ | 220 |  |  | $ | 85 |  |  | $ | 95 |  |  | $ | 32 |  |  | $ | (38) |  |  | $ | 394 |  |  | $ | — |  |  | $ | — |  |  | $ | 394 |
FOR THE YEAR ENDED DECEMBER 31, 2019 US$ MILLIONS |  | Total attributable to Brookfield Infrastructure |  |  |  |  |  |
| Contribution from investments in associates |  | Attributable to non- controlling interest |  | As per IFRS financials(1)
| Utilities |  | Transport |  | Midstream |  | Data |  | Corporate |  | Total |
Revenues(2) |  | $ | 1,432 |  |  | $ | 1,614 |  |  | $ | 491 |  |  | $ | 336 |  |  | $ | — |  |  | $ | 3,873 |  |  | $ | (1,424) |  |  | $ | 4,148 |  |  | $ | 6,597 |
Costs attributed to revenues |  | (582) |  |  | (781) |  |  | (171) |  |  | (161) |  |  | — |  |  | (1,695) |  |  | 649 |  |  | (2,349) |  |  | (3,395) |
General and administrative costs |  | — |  |  | — |  |  | — |  |  | — |  |  | (279) |  |  | (279) |  |  | — |  |  | — |  |  | (279) |
Adjusted EBITDA |  | 850 |  |  | 833 |  |  | 320 |  |  | 175 |  |  | (279) |  |  | 1,899 |  |  | (775) |  |  | 1,799 |  |  |
Other (expense) income |  | (31) |  |  | (3) |  |  | 10 |  |  | 3 |  |  | 91 |  |  | 70 |  |  | 11 |  |  | (109) |  |  | (28) |
Interest expense |  | (147) |  |  | (227) |  |  | (86) |  |  | (42) |  |  | (83) |  |  | (585) |  |  | 173 |  |  | (492) |  |  | (904) |
FFO |  | 672 |  |  | 603 |  |  | 244 |  |  | 136 |  |  | (271) |  |  | 1,384 |  |  | (591) |  |  | 1,198 |  |  |
Depreciation and amortization |  | (264) |  |  | (370) |  |  | (131) |  |  | (129) |  |  | (1) |  |  | (895) |  |  | 399 |  |  | (718) |  |  | (1,214) |
Deferred taxes |  | (41) |  |  | 25 |  |  | (55) |  |  | 10 |  |  | (16) |  |  | (77) |  |  | 52 |  |  | (3) |  |  | (28) |
Mark-to-market on hedging items and other |  | (64) |  |  | (168) |  |  | 132 |  |  | (30) |  |  | (49) |  |  | (179) |  |  | (84) |  |  | (60) |  |  | (323) |
Share of earnings from associates |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 224 |  |  | — |  |  | 224 |
Net income attributable to non-controlling interest |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (417) |  |  | (417) |
Net income (loss) attributable to partnership(3) |  | $ | 303 |  |  | $ | 90 |  |  | $ | 190 |  |  | $ | (13) |  |  | $ | (337) |  |  | $ | 233 |  |  | $ | — |  |  | $ | — |  |  | $ | 233 |
FOR THE YEAR ENDED DECEMBER 31, 2018 US$ MILLIONS |  | Total attributable to Brookfield Infrastructure |  |  |  |  |  |
| Contribution from investments in associates |  | Attributable to non- controlling interest |  | As per IFRS financials(1)
| Utilities |  | Transport |  | Midstream |  | Data |  | Corporate |  | Total |
Revenues(2) |  | $ | 1,070 |  |  | $ | 1,831 |  |  | $ | 434 |  |  | $ | 170 |  |  | $ | — |  |  | $ | 3,505 |  |  | $ | (1,524) |  |  | $ | 2,671 |  |  | $ | 4,652 |
Costs attributed to revenues |  | (371) |  |  | (1,044) |  |  | (177) |  |  | (77) |  |  | — |  |  | (1,669) |  |  | 833 |  |  | (1,372) |  |  | (2,208) |
General and administrative costs |  | — |  |  | — |  |  | — |  |  | — |  |  | (223) |  |  | (223) |  |  | — |  |  | — |  |  | (223) |
Adjusted EBITDA |  | 699 |  |  | 787 |  |  | 257 |  |  | 93 |  |  | (223) |  |  | 1,613 |  |  | (691) |  |  | 1,299 |  |  |
Other (expense) income |  | (25) |  |  | 2 |  |  | 17 |  |  | (4) |  |  | 72 |  |  | 62 |  |  | 11 |  |  | (107) |  |  | (34) |
Interest expense |  | (103) |  |  | (203) |  |  | (68) |  |  | (12) |  |  | (58) |  |  | (444) |  |  | 134 |  |  | (245) |  |  | (555) |
FFO |  | 571 |  |  | 586 |  |  | 206 |  |  | 77 |  |  | (209) |  |  | 1,231 |  |  | (546) |  |  | 947 |  |  |
Depreciation and amortization |  | (211) |  |  | (361) |  |  | (114) |  |  | (72) |  |  | — |  |  | (758) |  |  | 370 |  |  | (413) |  |  | (801) |
Deferred taxes |  | (34) |  |  | 38 |  |  | (9) |  |  | 7 |  |  | 10 |  |  | 12 |  |  | (44) |  |  | (14) |  |  | (46) |
Mark-to-market on hedging items and other |  | (99) |  |  | (215) |  |  | (49) |  |  | (6) |  |  | 85 |  |  | (284) |  |  | 233 |  |  | (124) |  |  | (175) |
Gain on sale of associate, net of tax |  | — |  |  | — |  |  | — |  |  | — |  |  | 209 |  |  | 209 |  |  | — |  |  | — |  |  | 209 |
Share of losses from associates |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (13) |  |  | — |  |  | (13) |
Net income attributable to non-controlling interest |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (396) |  |  | (396) |
Net income attributable to partnership(3) |  | $ | 227 |  |  | $ | 48 |  |  | $ | 34 |  |  | $ | 6 |  |  | $ | 95 |  |  | $ | 410 |  |  | $ | — |  |  | $ | — |  |  | $ | 410 |
(1)The above table provides each segment’s results in the format that management organizes its reporting segments to make operating decisions and assess performance. Each segment is presented on a proportionate basis, taking into account Brookfield Infrastructure’s ownership in operations accounted for using the consolidation and equity methods under IFRS. The above table reconciles Brookfield Infrastructure’s proportionate results to our partnership’s Consolidated Statements of Operating Results on a line by line basis by aggregating the components comprising the earnings from our partnership’s investments in associates and reflecting the portion of each line item attributable to non-controlling interests. (2)Revenues on a consolidated basis were $4,083 million (2019: $4,265 million, 2018: $2,811 million) from our utilities segment, $3,449 million (2019: $1,617 million, 2018: $1,629 million) from our transport segment, $643 million (2019: $399 million, 2018: $212 million) from our midstream segment and $710 million (2019: $316 million, 2018: $nil) from our data segment. (3)Includes net income (loss) attributable to limited partners, non-controlling interests—Redeemable Partnership Units held by Brookfield, non-controlling interests—Exchange LP Units, non-controlling interests - BIPC exchangeable shares, general partner and limited partners. The following is an analysis of Brookfield Infrastructure’s assets by reportable operating segment:
|  | Total Attributable to Brookfield Infrastructure |  |  |  |  |  |  |  |
|  | Contribution from investments in associates |  | Attributable to non- controlling interest |  | Working capital adjustment and other |  | As per IFRS financials(1)
AS AT DECEMBER 31, 2020 US$ MILLIONS |  | Utilities |  | Transport |  | Midstream |  | Data |  | Corporate |  | Brookfield Infrastructure |
Total assets |  | $ | 6,814 |  |  | $ | 9,155 |  |  | $ | 3,829 |  |  | $ | 3,338 |  |  | $ | (2,062) |  |  | $ | 21,074 |  |  | $ | (4,895) |  |  | $ | 37,851 |  |  | $ | 7,301 |  |  | $ | 61,331 |
|  | Total Attributable to Brookfield Infrastructure |  |  |  |  |  |  |  |
|  | Contribution from investments in associates |  | Attributable to non- controlling interest |  | Working capital adjustment and other |  | As per IFRS financials(1)
AS AT DECEMBER 31, 2019 US$ MILLIONS |  | Utilities |  | Transport |  | Midstream |  | Data |  | Corporate |  | Brookfield Infrastructure |
Total assets |  | $ | 6,679 |  |  | $ | 7,962 |  |  | $ | 3,689 |  |  | $ | 2,204 |  |  | $ | (1,284) |  |  | $ | 19,250 |  |  | $ | (2,884) |  |  | $ | 32,621 |  |  | $ | 7,321 |  |  | $ | 56,308 |
(1)The above table provides each segment’s assets in the format that management organizes its reporting segments to make operating decisions and assess performance. Each segment is presented on a proportionate basis, taking into account Brookfield Infrastructure’s ownership in operations using consolidation and the equity method whereby our partnership either controls or exercises significant influence over the investment respectively. The above table reconciles Brookfield Infrastructure’s proportionate assets to total assets presented on our partnership’s Consolidated Statements of Financial Position by removing net liabilities contained within investments in associates and joint ventures and reflecting the assets attributable to non-controlling interests, and adjusting for working capital assets which are netted against working capital liabilities.
Summary of financial information by geographic regions | The following table disaggregates revenues by geographical region.
US$ MILLIONS |  | 2020 |  | 2019 |  | 2018
United States |  | $ | 2,279 |  |  | $ | 921 |  |  | $ | 293 |
Canada |  | 1,461 |  |  | 976 |  |  | 379 |
United Kingdom |  | 1,305 |  |  | 688 |  |  | 653 |
Brazil |  | 981 |  |  | 1,142 |  |  | 1,112 |
Australia |  | 916 |  |  | 1,031 |  |  | 1,104 |
Colombia |  | 799 |  |  | 1,054 |  |  | 693 |
India |  | 740 |  |  | 399 |  |  | 60 |
Chile |  | 117 |  |  | 163 |  |  | 168 |
Peru |  | 81 |  |  | 107 |  |  | 92 |
Other |  | 206 |  |  | 116 |  |  | 98 |
|  | $ | 8,885 |  |  | $ | 6,597 |  |  | $ | 4,652 |
Non-current assets
US$ MILLIONS |  | 2020 |  | 2019
United States |  | $ | 13,372 |  |  | $ | 13,671 |
India |  | 10,986 |  |  | 3,150 |
Canada |  | 10,057 |  |  | 9,243 |
United Kingdom |  | 8,940 |  |  | 7,196 |
Brazil |  | 5,404 |  |  | 7,103 |
Australia |  | 4,042 |  |  | 5,488 |
Colombia |  | 1,256 |  |  | 1,166 |
Peru |  | 1,247 |  |  | 1,337 |
Europe |  | 1,022 |  |  | 764 |
Chile |  | 841 |  |  | 821 |
Other |  | 453 |  |  | 528 |
|  | $ | 57,620 |  |  | $ | 50,467 |

X
- Definition Operating Segments [Abstract] + References No definition available. + Details
Name: | bip_OperatingSegmentsAbstract
Namespace Prefix: | bip_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of geographical information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2020-01-01 -Paragraph 33 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2020-en-r&anchor=para_33&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfGeographicalAreasExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of operating segments. [Refer: Operating segments [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2020-01-01 -Paragraph 23 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2020-en-r&anchor=para_23&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfOperatingSegmentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration