XML 70 R50.htm IDEA: XBRL DOCUMENT v3.22.0.1
SEGMENT INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2021
Operating Segments [Abstract]  
Disclosure of Operating Segments
FOR THE YEAR ENDED
DECEMBER 31, 2021
US$ MILLIONS		Total attributable to Brookfield Infrastructure   
Contribution
from
investments
in associates		Attributable
to non-
controlling
interest
As per
IFRS
financials(1)
UtilitiesTransportMidstreamDataCorporateTotal
Revenues(2)
$1,623 $2,062 $1,101 $625 $— $5,411 $(1,976)$8,102 $11,537 
Costs attributed to revenues(3)
(681)(1,094)(489)(290)— (2,554)964 (4,621)(6,211)
General and administrative costs
— — — — (406)(406)— — (406)
Other (expense) income
(64)(8)(4)7 106 37 9 (256)(210)
Interest expense(173)(259)(116)(104)(103)(755)258 (971)(1,468)
FFO705 701 492 238 (403)1,733 
Depreciation and amortization(1,144)480 (1,372)(2,036)
Deferred taxes(168)(10)(62)(240)
Mark-to-market on hedging
items and other
672 187 806 1,665 
Share of earnings from
associates
— 88 — 88 
Net income attributable to
non-controlling interest
— — (1,626)(1,626)
Net income attributable to
partnership(4)
$1,093 $— $— $1,093 
FOR THE YEAR ENDED
DECEMBER 31, 2020
US$ MILLIONS		Total attributable to Brookfield Infrastructure
Contribution
from
investments
in associates		Attributable
to non-
controlling
interest
As per
IFRS
financials(1)
UtilitiesTransportMidstreamDataCorporateTotal
Revenues(2)
$1,434 $1,573 $572 $519 $— $4,098 $(1,379)$6,166 $8,885 
Costs attributed to revenues(3)
(580)(767)(193)(253)— (1,793)600 (3,650)(4,843)
General and administrative costs
— — — — (312)(312)— — (312)
Other (expense) income(43)(2)3 (1)127 84 17 (188)(87)
Interest expense(152)(214)(93)(69)(95)(623)177 (733)(1,179)
FFO659 590 289 196 (280)1,454 
Depreciation and amortization
(1,034)471 (1,142)(1,705)
Deferred taxes3 (65)8 (54)
Mark-to-market on hedging
items and other
(29)48 49 68 
Share of earnings from
associates
— 131 — 131 
Net income attributable to
non-controlling interest
— — (510)(510)
Net income attributable
to partnership(4)
$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)
UtilitiesTransportMidstreamDataCorporateTotal
Revenues(2)
$1,432 $1,614 $491 $336 $— $3,873 $(1,424)$4,148 $6,597 
Costs attributed to revenues(3)
(582)(781)(171)(161)— (1,695)649 (2,349)(3,395)
General and administrative costs— — — — (279)(279)— — (279)
Other (expense) income(31)(3)10 3 91 70 11 (109)(28)
Interest expense(147)(227)(86)(42)(83)(585)173 (492)(904)
FFO672 603 244 136 (271)1,384 
Depreciation and amortization(895)399 (718)(1,214)
Deferred taxes(77)52 (3)(28)
Mark-to-market on hedging
items and other
(179)(84)(60)(323)
Share of losses from associates— 224 — 224 
Net income attributable to
non-controlling interest
— — (417)(417)
Net income attributable
to partnership(4)
$233 $— $— $233 
(1)The above table reconciles Brookfield Infrastructure’s share of 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 $4,622 million (2020: $4,083 million, 2019: $4,265 million) from our utilities segment, $3,497 million (2020: $3,449 million, 2019: $1,617 million) from our transport segment, $1,829 million (2020: $643 million, 2019: $399 million) from our midstream segment and $1,589 million (2020: $710 million, 2019: $316 million) from our data segment.
(3)Costs attributed to revenues exclude depreciation and amortization expense. Refer to Note 23, Direct Operating Costs, for further details.
(4)Includes net income attributable to limited partners, the general partner, non-controlling interests - Redeemable Partnership Units held by Brookfield, non-controlling interests - Exchangeable units and non-controlling interests - BIPC exchangeable shares.
The following is an analysis of Brookfield Infrastructure’s assets by reportable operating segment:
Total Attributable to Brookfield Infrastructure    
Contribution
from
investments
in associates		Attributable
to non-
controlling
interest		Working
capital
adjustment
and other
As per IFRS financials(1)
AS AT
DECEMBER 31, 2021 US$ MILLIONS		UtilitiesTransportMidstreamDataCorporateBrookfield
Infrastructure
Total assets$6,184 $8,601 $10,378 $3,405 $(1,471)$27,097 $(4,825)$42,415 $9,274 $73,961 
 Total Attributable to Brookfield Infrastructure    
Contribution
from
investments
in associates		Attributable
to non-
controlling
interest		Working
capital
adjustment
and other
As per
IFRS
financials(1)
AS AT
DECEMBER 31, 2020 US$ MILLIONS		UtilitiesTransportMidstreamDataCorporateBrookfield
Infrastructure
Total assets$6,814 $9,155 $3,829 $3,338 $(2,062)$21,074 $(4,895)$37,851 $7,301 $61,331 
(1)The above table provides each segment’s assets in the format that management organizes its reporting segments to make operating decisions and assess performance. Each segment is presented based on our partnership’s share of total assets, taking into account Brookfield Infrastructure’s ownership in operations using consolidation and the equity method whereby our partnership either controls or exercises significant influence over the investment respectively. The above table reconciles Brookfield Infrastructure’s share of total assets to total assets presented on our partnership’s Consolidated Statements of Financial Position by removing net liabilities contained within investments in associates and joint ventures and reflecting the assets attributable to non-controlling interests, and adjusting for working capital assets which are netted against working capital liabilities.
Revenue and Assets by Geographical Region
Substantially all of our partnership’s revenues are recognized over time as services are rendered. The following table disaggregates revenues by geographical region.
US$ MILLIONS202120202019
United States$2,644 $2,279 $921 
Canada2,423 1,461 976 
India1,717 740 399 
United Kingdom1,511 1,305 688 
Brazil1,164 981 1,142 
Colombia862 799 1,054 
Australia617 916 1,031 
Chile138 117 163 
Peru96 81 107 
Other365 206 116 
$11,537 $8,885 $6,597 
US$ MILLIONS20212020
Canada(1)
$23,324 $10,057 
United States12,382 13,372 
India10,836 10,986 
United Kingdom8,831 8,940 
Brazil5,840 5,404 
Australia3,688 4,042 
Europe1,467 1,022 
Peru1,132 1,247 
Colombia1,061 1,256 
Chile8 841 
Other496 453 
$69,065 $57,620 
(1)    Includes the impact from the acquisition of our Canadian diversified midstream operation. Refer to Note 6, Acquisition of Businesses, for details.