XML 42 R27.htm IDEA: XBRL DOCUMENT
v3.21.2

SEGMENT INFORMATION (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2021
Operating Segments [Abstract] |
Summary of financial information by segment |
|  | Total attributable to Brookfield Infrastructure |  |  |  |  |  |
FOR THE THREE-MONTH PERIOD ENDED JUNE 30, 2021 US$ MILLIONS |  | Utilities |  | Transport |  | Midstream |  | Data |  | Corporate |  | Total |  | Contribution from investments in associates |  | Attributable to non-controlling interest |  | As per IFRS financials(1)
Revenues |  | $ | 428 |  |  | $ | 506 |  |  | $ | 130 |  |  | $ | 151 |  |  | $ | — |  |  | $ | 1,215 |  |  | $ | (474) |  |  | $ | 1,922 |  |  | $ | 2,663 |
Costs attributed to revenues |  | (177) |  |  | (267) |  |  | (48) |  |  | (67) |  |  | — |  |  | (559) |  |  | 235 |  |  | (1,109) |  |  | (1,433) |
General and administrative expenses |  | — |  |  | — |  |  | — |  |  | — |  |  | (96) |  |  | (96) |  |  | — |  |  | — |  |  | (96) |
Adjusted EBITDA |  | 251 |  |  | 239 |  |  | 82 |  |  | 84 |  |  | (96) |  |  | 560 |  |  | (239) |  |  | 813 |  |  |
Other (expense) income |  | (18) |  |  | — |  |  | — |  |  | — |  |  | 30 |  |  | 12 |  |  | 1 |  |  | (47) |  |  | (34) |
Interest expense |  | (43) |  |  | (66) |  |  | (22) |  |  | (24) |  |  | (23) |  |  | (178) |  |  | 64 |  |  | (248) |  |  | (362) |
FFO |  | 190 |  |  | 173 |  |  | 60 |  |  | 60 |  |  | (89) |  |  | 394 |  |  | (174) |  |  | 518 |  |  |
Depreciation and amortization expense |  | (62) |  |  | (118) |  |  | (36) |  |  | (57) |  |  | — |  |  | (273) |  |  | 124 |  |  | (343) |  |  | (492) |
Deferred taxes |  | (94) |  |  | (9) |  |  | 5 |  |  | (4) |  |  | (6) |  |  | (108) |  |  | (14) |  |  | (90) |  |  | (212) |
Mark-to-market on hedging items and other |  | 121 |  |  | (40) |  |  | (28) |  |  | (3) |  |  | 289 |  |  | 339 |  |  | 54 |  |  | 869 |  |  | 1,262 |
Share of earnings from associates |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10 |  |  | — |  |  | 10 |
Net income attributable to non-controlling interest |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (954) |  |  | (954) |
Net income (loss) attributable to partnership(2) |  | $ | 155 |  |  | $ | 6 |  |  | $ | 1 |  |  | $ | (4) |  |  | $ | 194 |  |  | $ | 352 |  |  | $ | — |  |  | $ | — |  |  | $ | 352 |
|  | Total attributable to Brookfield Infrastructure |  |  |  |  |  |
FOR THE THREE-MONTH PERIOD ENDED JUNE 30, 2020 US$ MILLIONS |  | Utilities |  | Transport |  | Midstream |  | Data |  | Corporate |  | Total |  | Contribution from investments in associates |  | Attributable to non-controlling interest |  | As per IFRS financials(1)
Revenues |  | $ | 329 |  |  | $ | 340 |  |  | $ | 130 |  |  | $ | 104 |  |  | $ | — |  |  | $ | 903 |  |  | $ | (298) |  |  | $ | 1,341 |  |  | $ | 1,946 |
Costs attributed to revenues |  | (126) |  |  | (166) |  |  | (48) |  |  | (51) |  |  | — |  |  | (391) |  |  | 130 |  |  | (802) |  |  | (1,063) |
General and administrative expenses |  | — |  |  | — |  |  | — |  |  | — |  |  | (72) |  |  | (72) |  |  | — |  |  | — |  |  | (72) |
Adjusted EBITDA |  | 203 |  |  | 174 |  |  | 82 |  |  | 53 |  |  | (72) |  |  | 440 |  |  | (168) |  |  | 539 |  |  |
Other (expense) income |  | (8) |  |  | 7 |  |  | — |  |  | 2 |  |  | 40 |  |  | 41 |  |  | (7) |  |  | (38) |  |  | (4) |
Interest expense |  | (38) |  |  | (54) |  |  | (22) |  |  | (12) |  |  | (22) |  |  | (148) |  |  | 46 |  |  | (145) |  |  | (247) |
FFO |  | 157 |  |  | 127 |  |  | 60 |  |  | 43 |  |  | (54) |  |  | 333 |  |  | (129) |  |  | 356 |  |  |
Depreciation and amortization expense |  | (63) |  |  | (79) |  |  | (39) |  |  | (41) |  |  | — |  |  | (222) |  |  | 92 |  |  | (245) |  |  | (375) |
Deferred taxes |  | (13) |  |  | 3 |  |  | (1) |  |  | 19 |  |  | (4) |  |  | 4 |  |  | (12) |  |  | — |  |  | (8) |
Mark-to-market on hedging items and other |  | (24) |  |  | (37) |  |  | (8) |  |  | (5) |  |  | (102) |  |  | (176) |  |  | 38 |  |  | (16) |  |  | (154) |
Share of earnings from associates |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 11 |  |  | — |  |  | 11 |
Net income attributable to non-controlling interest |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (95) |  |  | (95) |
Net income (loss) attributable to partnership(2) |  | $ | 57 |  |  | $ | 14 |  |  | $ | 12 |  |  | $ | 16 |  |  | $ | (160) |  |  | $ | (61) |  |  | $ | — |  |  | $ | — |  |  | $ | (61) |
|  | Total attributable to Brookfield Infrastructure |  |  |  |  |  |
FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2021 US$ MILLIONS |  | Utilities |  | Transport |  | Midstream |  | Data |  | Corporate |  | Total |  | Contribution from investments in associates |  | Attributable to non-controlling interest |  | As per IFRS financials(1)
Revenues |  | $ | 818 |  |  | $ | 1,001 |  |  | $ | 364 |  |  | $ | 319 |  |  | $ | — |  |  | $ | 2,502 |  |  | $ | (964) |  |  | $ | 3,808 |  |  | $ | 5,346 |
Costs attributed to revenues |  | (344) |  |  | (529) |  |  | (97) |  |  | (153) |  |  | — |  |  | (1,123) |  |  | 470 |  |  | (2,126) |  |  | (2,779) |
General and administrative expenses |  | — |  |  | — |  |  | — |  |  | — |  |  | (191) |  |  | (191) |  |  | — |  |  | — |  |  | (191) |
Adjusted EBITDA |  | 474 |  |  | 472 |  |  | 267 |  |  | 166 |  |  | (191) |  |  | 1,188 |  |  | (494) |  |  | 1,682 |  |  |
Other (expense) income |  | (34) |  |  | (4) |  |  | (15) |  |  | 5 |  |  | 49 |  |  | 1 |  |  | 1 |  |  | (99) |  |  | (97) |
Interest expense |  | (84) |  |  | (133) |  |  | (46) |  |  | (51) |  |  | (50) |  |  | (364) |  |  | 134 |  |  | (487) |  |  | (717) |
FFO |  | 356 |  |  | 335 |  |  | 206 |  |  | 120 |  |  | (192) |  |  | 825 |  |  | (359) |  |  | 1,096 |  |  |
Depreciation and amortization expense |  | (129) |  |  | (234) |  |  | (78) |  |  | (112) |  |  | — |  |  | (553) |  |  | 252 |  |  | (660) |  |  | (961) |
Deferred taxes |  | (106) |  |  | (7) |  |  | (5) |  |  | — |  |  | (18) |  |  | (136) |  |  | (15) |  |  | (101) |  |  | (252) |
Mark-to-market on hedging items and other |  | 122 |  |  | (53) |  |  | (28) |  |  | (10) |  |  | 375 |  |  | 406 |  |  | 45 |  |  | 842 |  |  | 1,293 |
Share of earnings from associates |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 77 |  |  | — |  |  | 77 |
Net income attributable to non-controlling interest |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (1,177) |  |  | (1,177) |
Net income (loss) attributable to partnership(2) |  | $ | 243 |  |  | $ | 41 |  |  | $ | 95 |  |  | $ | (2) |  |  | $ | 165 |  |  | $ | 542 |  |  | $ | — |  |  | $ | — |  |  | $ | 542 |
|  | Total attributable to Brookfield Infrastructure |  |  |  |  |  |
FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2020 US$ MILLIONS |  | Utilities |  | Transport |  | Midstream |  | Data |  | Corporate |  | Total |  | Contribution from investments in associates |  | Attributable to non-controlling interest |  | As per IFRS financials(1)
Revenues |  | $ | 684 |  |  | $ | 716 |  |  | $ | 278 |  |  | $ | 213 |  |  | $ | — |  |  | $ | 1,891 |  |  | $ | (627) |  |  | $ | 2,878 |  |  | $ | 4,142 |
Costs attributed to revenues |  | (267) |  |  | (347) |  |  | (96) |  |  | (104) |  |  | — |  |  | (814) |  |  | 267 |  |  | (1,755) |  |  | (2,302) |
General and administrative expenses |  | — |  |  | — |  |  | — |  |  | — |  |  | (133) |  |  | (133) |  |  | — |  |  | — |  |  | (133) |
Adjusted EBITDA |  | 417 |  |  | 369 |  |  | 182 |  |  | 109 |  |  | (133) |  |  | 944 |  |  | (360) |  |  | 1,123 |  |  |
Other (expense) income |  | (18) |  |  | 4 |  |  | 1 |  |  | — |  |  | 59 |  |  | 46 |  |  | (3) |  |  | (65) |  |  | (22) |
Interest expense |  | (77) |  |  | (107) |  |  | (46) |  |  | (24) |  |  | (45) |  |  | (299) |  |  | 88 |  |  | (318) |  |  | (529) |
FFO |  | 322 |  |  | 266 |  |  | 137 |  |  | 85 |  |  | (119) |  |  | 691 |  |  | (275) |  |  | 740 |  |  |
Depreciation and amortization expense |  | (130) |  |  | (173) |  |  | (77) |  |  | (89) |  |  | — |  |  | (469) |  |  | 203 |  |  | (509) |  |  | (775) |
Deferred taxes |  | (52) |  |  | 10 |  |  | (5) |  |  | 19 |  |  | (7) |  |  | (35) |  |  | (2) |  |  | (19) |  |  | (56) |
Mark-to-market on hedging items and other |  | (44) |  |  | (108) |  |  | (18) |  |  | (23) |  |  | 64 |  |  | (129) |  |  | 15 |  |  | (88) |  |  | (202) |
Share of earnings from associates |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 59 |  |  | — |  |  | 59 |
Net income attributable to non-controlling interest |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (124) |  |  | (124) |
Net income (loss) attributable to partnership(2) |  | $ | 96 |  |  | $ | (5) |  |  | $ | 37 |  |  | $ | (8) |  |  | $ | (62) |  |  | $ | 58 |  |  | $ | — |  |  | $ | — |  |  | $ | 58 |
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 joint ventures and reflecting the portion of each line item attributable to non-controlling interests. 2.Includes net income (loss) attributable to limited partners, the general partner, non-controlling interests—Redeemable Partnership Units held by Brookfield, non-controlling interests—Exchange LP Units and non-controlling interests - BIPC exchangeable shares. The following is an analysis of Brookfield Infrastructure’s assets by reportable operating segment.
|  | Total Attributable to Brookfield Infrastructure |  |  |  |  |  |  |  |
AS OF JUNE 30, 2021 US$ MILLIONS |  | Utilities |  | Transport |  | Midstream |  | Data |  | Corporate |  | Total |  | Contribution from investments in associates |  | Attributable to non- controlling interest |  | Working capital adjustment and other |  | As per IFRS financials(1)
Total assets |  | $ | 6,414 |  |  | $ | 9,188 |  |  | $ | 3,245 |  |  | $ | 3,355 |  |  | $ | (1,829) |  |  | $ | 20,373 |  |  | $ | (4,832) |  |  | $ | 36,993 |  |  | $ | 7,744 |  |  | $ | 60,278 |
|  | Total Attributable to Brookfield Infrastructure |  |  |  |  |  |  |  |
AS OF DECEMBER 31, 2020 US$ MILLIONS |  | Utilities |  | Transport |  | Midstream |  | Data |  | Corporate |  | Total |  | Contribution from investments in associates |  | Attributable to non- controlling interest |  | Working capital adjustment and other |  | As per IFRS financials(1)
Total assets |  | $ | 6,814 |  |  | $ | 9,155 |  |  | $ | 3,829 |  |  | $ | 3,338 |  |  | $ | (2,062) |  |  | $ | 21,074 |  |  | $ | (4,895) |  |  | $ | 37,851 |  |  | $ | 7,301 |  |  | $ | 61,331 |
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. The following table represents the carrying value of our partnership’s investments in associates and joint ventures:
| As of
US$ MILLIONS | June 30, 2021 |  | December 31, 2020
Utilities | $ | 249 |  |  | $ | 253 |
Transport | 2,754 |  |  | 2,759 |
Midstream | 1,022 |  |  | 1,372 |
Data | 1,087 |  |  | 1,133 |
Corporate | 15 |  |  | 11 |
Ending Balance | $ | 5,127 |  |  | $ | 5,528 |

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 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