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SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2022
Operating Segments [Abstract]  
Summary of financial information by segment
Total attributable to Brookfield Infrastructure
FOR THE THREE-MONTH PERIOD ENDED
JUNE 30, 2022
US$ MILLIONS		UtilitiesTransportMidstreamDataCorporateTotalContribution
from
investments
in associates		Attributable to non-controlling
interest
As per IFRS
financials(1)
Revenues$485 $617 $411 $145 $— $1,658 $(617)$2,640 $3,681 
Costs attributed to revenues(2)
(199)(347)(193)(62)— (801)313 (1,672)(2,160)
General and administrative expenses— — — — (108)(108)— — (108)
Other (expense) income (23)(1)(4)2 37 11 7 (146)(128)
Interest expense(75)(70)(44)(25)(33)(247)82 (304)(469)
FFO188 199 170 60 (104)513 
Depreciation and amortization expense(334)131 (349)(552)
Deferred taxes(40)(20)86 26 
Mark-to-market on hedging items and other37 138 (6)169 
Share of losses from associates— (34)— (34)
Net income attributable to non-controlling interest— — (249)(249)
Net income attributable to partnership(3)
$176 $— $— $176 
Total attributable to Brookfield Infrastructure
FOR THE THREE-MONTH PERIOD ENDED
JUNE 30, 2021
US$ MILLIONS		UtilitiesTransportMidstreamDataCorporateTotalContribution
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(2)
(177)(267)(48)(67)— (559)235 (1,109)(1,433)
General and administrative expenses— — — — (96)(96)— — (96)
Other (expense) income(18)— — — 30 12 1 (47)(34)
Interest expense(43)(66)(22)(24)(23)(178)64 (248)(362)
FFO190 173 60 60 (89)394 
Depreciation and amortization expense(273)124 (343)(492)
Deferred taxes(108)(14)(90)(212)
Mark-to-market on hedging items and other339 54 869 1,262 
Share of earnings from associates— 10 — 10 
Net income attributable to non-controlling interest— — (954)(954)
Net income attributable to partnership(3)
$352 $— $— $352 

Total attributable to Brookfield Infrastructure
FOR THE SIX-MONTH PERIOD ENDED
JUNE 30, 2022
US$ MILLIONS		UtilitiesTransportMidstreamDataCorporateTotalContribution
from
investments
in associates		Attributable to non-controlling
interest
As per IFRS
financials(1)
Revenues$924 $1,195 $834 $297 $— $3,250 $(1,188)$5,030 $7,092 
Costs attributed to revenues(2)
(384)(670)(382)(131)— (1,567)598 (3,153)(4,122)
General and administrative expenses— — — — (229)(229)— — (229)
Other (expense) income (51)(5)(1)5 69 17 15 (226)(194)
Interest expense(134)(136)(85)(53)(57)(465)154 (567)(878)
FFO355 384 366 118 (217)1,006 
Depreciation and amortization expense(656)254 (694)(1,096)
Deferred taxes(52)(23)83 8 
Mark-to-market on hedging items and other(52)170 — 118 
Share of earnings from associates— 20 — 20 
Net income attributable to non-controlling interest— — (473)(473)
Net income attributable to partnership(3)
$246 $— $— $246 
Total attributable to Brookfield Infrastructure
FOR THE SIX-MONTH PERIOD ENDED
JUNE 30, 2021
US$ MILLIONS		UtilitiesTransportMidstreamDataCorporateTotalContribution
from
investments
in associates		Attributable to non-controlling
interest
As per IFRS
financials(1)
Revenues$818 $1,001 $364 $300 $— $2,483 $(964)$3,827 $5,346 
Costs attributed to revenues(2)
(344)(529)(97)(134)— (1,104)470 (2,145)(2,779)
General and administrative expenses— — — — (191)(191)— — (191)
Other (expense) income (34)(4)(15)5 49 1 1 (99)(97)
Interest expense(84)(133)(46)(51)(50)(364)134 (487)(717)
FFO356 335 206 120 (192)825 
Depreciation and amortization expense(553)252 (660)(961)
Deferred taxes(136)(15)(101)(252)
Mark-to-market on hedging items and other406 45 842 1,293 
Share of earnings from associates— 77 — 77 
Net income attributable to non-controlling interest— — (1,177)(1,177)
Net income attributable to partnership(3)
$542 $— $— $542 
1.The above tables reconcile Brookfield Infrastructure’s share of results to our partnership’s unaudited interim condensed and consolidated statements of operating results on a line by line basis by aggregating the components comprising the earnings from our partnership’s investments in associates and reflecting the portion of each line item attributable to non-controlling interests.
2.Costs attributed to revenues exclude depreciation and amortization expense. Refer to Note 15, Direct Operating Costs, for further details.
3.Includes net income attributable to limited partners, the general partner, non-controlling interests - Redeemable Partnership Units held by Brookfield, non-controlling interests - Exchange LP Units, non-controlling interests - BIPC Exchangeable LP units and non-controlling interests - BIPC exchangeable shares.
The following is an analysis of Brookfield Infrastructure’s assets by reportable operating segment:
Total Attributable to Brookfield Infrastructure
AS OF JUNE 30, 2022
US$ MILLIONS		UtilitiesTransportMidstreamDataCorporateTotalContribution
from
investments
in associates		Attributable
to non-
controlling
interest		Working
capital
adjustment
and other
As per
IFRS
financials(1)
Total assets$7,640 $8,451 $10,310 $3,331 $(1,231)$28,501 $(5,529)$42,466 $8,461 $73,899 

Total Attributable to Brookfield Infrastructure
AS OF DECEMBER 31, 2021 US$ MILLIONSUtilitiesTransportMidstreamDataCorporateTotalContribution
from
investments
in associates		Attributable
to non-
controlling
interest		Working
capital
adjustment
and other
As per
IFRS
financials(1)
Total assets$6,184 $8,601 $10,378 $3,405 $(1,471)$27,097 $(4,825)$42,415 $9,274 $73,961 
1.The above table provides each segment’s assets in the format that management organizes its reporting segments to make operating decisions and assess performance. Each segment is presented based on our partnership’s share of total assets, taking into account Brookfield Infrastructure’s ownership in operations using consolidation and the equity method whereby our partnership either controls or exercises significant influence over the investment, respectively. The above table reconciles Brookfield Infrastructure’s share of total assets to total assets presented on our partnership’s Consolidated Statements of Financial Position by removing net liabilities contained within investments in associates and joint ventures and reflecting the assets attributable to non-controlling interests, and adjusting for working capital assets which are netted against working capital liabilities.
The following table represents the carrying value of our partnership’s investments in associates and joint ventures:
As of
US$ MILLIONSJune 30, 2022December 31, 2021
Utilities$870 $230 
Transport2,132 2,317 
Midstream1,052 1,052 
Data1,025 1,087 
Corporate 104 39 
Ending Balance$5,183 $4,725