XML 68 R39.htm IDEA: XBRL DOCUMENT
v3.20.4

FINANCIAL LIABILTIES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Financial Instruments [Abstract] |
Disclosure of financial liabilities |
|  |  |  | As of
US$ MILLIONS |  |  |  | Dec. 31, 2020 |  | Dec. 31, 2019
Current: |  |  |  |  |  |
Inflation swaps |  |  |  | $ | 23 |  |  | $ | 6 |
Total current financial liabilities |  |  |  | $ | 23 |  |  | $ | 6 |
Non-current: |  |  |  |  |  |
Inflation swaps |  |  |  | $ | 46 |  |  | $ | 71 |
Deferred consideration |  | (a) |  | 962 |  |  | 931 |
Total non-current financial liabilities |  |  |  | $ | 1,008 |  |  | $ | 1,002 |
The following table provides a continuity schedule of outstanding exchangeable shares and class B shares along with our corresponding liability and remeasurement gains and losses.
| Exchangeable shares outstanding (Shares) |  | Class B shares outstanding (Shares) |  | BIP unit price (US$) |  | Exchangeable and class B shares (US$ Millions)
Balance at January 1, 2020 | — |  |  | — |  |  | $ | — |  |  | $ | — |
Share issuance | 46,349,323 |  |  | 1 |  |  | 38.09 |  |  | 1,765 |
Share exchanges(1) | (1,388,874) |  |  | — |  |  | 39.60 |  |  | (55) |
Remeasurement of liability | — |  |  | — |  |  | — |  |  | 511 |
Balance at December 31, 2020 | 44,960,449 |  |  | 1 |  |  | $ | 49.40 |  |  | $ | 2,221 |
(1)The unit price reflected here represents the weighted average price of the units exchanged during the period and is calculated based on the NYSE closing price per unit on the date of exchange.

X
- Definition Disclosure of financial liabilities [Table Text Block] + References No definition available. + Details
Name: | bipc_DisclosureoffinancialliabilitiesTableTextBlock
Namespace Prefix: | bipc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Financial Instruments [Abstract] + References No definition available. + Details
Name: | bipc_FinancialInstrumentsAbstract
Namespace Prefix: | bipc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration