XML 23 R4.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED STATEMENTS OF OPERATING RESULTS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Entity Information [Line Items]      
Revenues $ 14,427 $ 11,537 $ 8,885
Direct operating costs (10,510) (8,247) (6,548)
General and administrative expenses (433) (406) (312)
Profit (loss) from operating activities 3,484 2,884 2,025
Interest expense (1,855) (1,468) (1,179)
Share of earnings from investments in associates and joint ventures 12 88 131
Mark-to-market on hedging items 202 80 (16)
Other income 92 1,749 234
Income before income tax 1,935 3,333 1,195
Income tax expense      
Current (474) (374) (237)
Deferred (86) (240) (54)
Net income 1,375 2,719 904
Attributable to:      
Limited partners 101 556 141
General partner 240 210 183
Non-controlling interest attributable to:      
Redeemable Partnership Units held by Brookfield 42 229 55
BIPC exchangeable shares 24 95 14
Exchangeable units [1] 0 3 1
Interest of others in operating subsidiaries $ 968 $ 1,626 $ 510
Basic and diluted income per unit attributable to      
Limited partners, basic (in dollars per unit) [2] $ 0.14 $ 1.16 $ 0.23
Limited partners, diluted (in dollars per unit) [2] $ 0.14 $ 1.16 $ 0.23
[1] Includes non-controlling interest attributable to Exchange LP Units and BIPC Exchangeable LP Units. Refer to Note 1, Organization and Description of the Business, for further details.
[2] Basic and diluted income per limited partner unit have been retroactively adjusted to reflect the impact of the special distribution and the unit split. Refer to Note 1, Organization and Description of the Business, for further details.