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CONSOLIDATED STATEMENTS OF OPERATING RESULTS - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020
Profit or loss [abstract] |  |  |  |
Revenues | $ 2,663 | $ 1,946 | $ 5,346 | $ 4,142
Direct operating costs | (1,433) | (1,063) | (2,779) | (2,302)
General and administrative expenses | (96) | (72) | (191) | (133)
Depreciation and amortization expense | (492) | (375) | (961) | (775)
Profit (loss) from operating activities | 642 | 436 | 1,415 | 932
Interest expense | (362) | (247) | (717) | (529)
Share of profit (loss) of associates and joint ventures accounted for using equity method | 10 | 11 | 77 | 59
Mark-to-market on hedging items | (15) | (75) | 20 | 123
Other income | 1,317 | 28 | 1,344 | 234
Income before income tax | 1,592 | 97 | 2,139 | 351
Income tax (expense) recovery |  |  |  |
Current | (74) | (55) | (168) | (113)
Deferred | (212) | (8) | (252) | (56)
Net income | 1,306 | 34 | 1,719 | 182
Marketable securities | 45 | 38 | 165 | 46
Attributable to: |  |  |  |
Limited partners | 192 | (67) | 281 | (15)
General partner | 51 | 45 | 101 | 91
Non-controlling interest attributable to: |  |  |  |
Redeemable Partnership Units held by Brookfield | 79 | (29) | 116 | (8)
Noncontrolling Interest In Net Income (Loss) Limited Partnerships, Class A shares of Brookfield Infrastructure | 29 | (10) | 43 | (10)
Non-controlling Interest In Net Income (Loss), Exchange LP Units | 1 | 0 | 1 | 0
Interest of others in operating subsidiaries | $ 954 | $ 95 | $ 1,177 | $ 124
Basic and diluted (loss) earnings per unit attributable to: |  |  |  |
Limited partners | $ 0.61 | $ (0.25) | $ 0.88 | $ (0.12)

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- Definition The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss)] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2020-01-01 -Paragraph 23 -Subparagraph g -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2020-en-r&anchor=para_23_g&doctype=Standard -URIDate 2020-01-01 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2020-01-01 -Paragraph 28 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2020-en-r&anchor=para_28_e&doctype=Standard -URIDate 2020-01-01 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Note Effective on first application of IFRS 9 -Name IFRS -Number 4 -IssueDate 2020-01-01 -Paragraph 39M -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=4&code=ifrs-tx-2020-en-b&anchor=para_39M_b&doctype=Standard -URIDate 2020-01-01 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2020-01-01 -Paragraph 82 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2020-en-r&anchor=para_82_c&doctype=Standard -URIDate 2020-01-01 + Details
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