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SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2022
Operating Segments [Abstract]  
Disclosure of Operating Segments
FOR THE YEAR ENDED
DECEMBER 31, 2022
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)
$1,872 $2,431 $1,661 $607 $ $6,571 $(2,470)$10,326 $14,427 
Costs attributed to revenues(3)
(771)(1,349)(724)(262) (3,106)1,241 (6,487)(8,352)
General and administrative costs
    (433)(433)  (433)
Other (expense) income
(86)(6)(3)7 134 46 29 (313)(238)
Interest expense(276)(282)(191)(113)(129)(991)314 (1,178)(1,855)
FFO739 794 743 239 (428)2,087 
Depreciation and amortization(1,282)507 (1,383)(2,158)
Deferred taxes(113)(15)42 (86)
Mark-to-market on hedging
items and other
(285)382 (39)58 
Share of earnings from
associates
 12  12 
Net income attributable to
non-controlling interest
  (968)(968)
Net income attributable to
partnership(4)
$407 $ $ $407 
FOR THE YEAR ENDED
DECEMBER 31, 2021
US$ 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 $990 $606 $— $5,281 $(1,976)$8,232 $11,537 
Costs attributed to revenues(3)
(681)(1,094)(378)(271)— (2,424)964 (4,751)(6,211)
General and administrative costs
— — — — (406)(406)— — (406)
Other (expense) income(64)(8)(4)106 37 (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)(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 taxes(65)(54)
Mark-to-market on hedging
items and other
(29)48 49 68 
Share of losses from associates— 131 — 131 
Net income attributable to
non-controlling interest
— — (510)(510)
Net income attributable
to partnership(4)
$394 $— $— $394 
(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 $5,238 million (2021: $4,622 million, 2020: $4,083 million) from our utilities segment, $3,533 million (2021: $3,497 million, 2020: $3,449 million) from our transport segment, $3,957 million (2021: $1,829 million, 2020: $643 million) from our midstream segment and $1,699 million (2021: $1,589 million, 2020: $710 million) from our data segment.
(3)Costs attributed to revenues exclude depreciation and amortization expense. Refer to Note 24, Direct Operating Costs, for further details.
(4)Includes net income attributable to limited partners, the general partner, non-controlling interests - Redeemable Partnership Units held by Brookfield, non-controlling interests - Exchangeable units and non-controlling interests - BIPC exchangeable shares.
The following is an analysis of Brookfield Infrastructure’s assets by reportable operating segment:
Total Attributable to Brookfield Infrastructure    
Contribution
from
investments
in associates
Attributable
to non-
controlling
interest
Working
capital
adjustment
and other
As per IFRS financials(1)
AS AT
DECEMBER 31, 2022 US$ MILLIONS
UtilitiesTransportMidstreamDataCorporateBrookfield
Infrastructure
Total assets$7,337 $8,333 $9,747 $4,002 $(1,208)$28,211 $(5,434)$41,327 $8,865 $72,969 
 Total Attributable to Brookfield Infrastructure    
Contribution
from
investments
in associates
Attributable
to non-
controlling
interest
Working
capital
adjustment
and other
As per
IFRS
financials(1)
AS AT
DECEMBER 31, 2021 US$ MILLIONS
UtilitiesTransportMidstreamDataCorporateBrookfield
Infrastructure
Total assets$6,184 $8,601 $10,378 $3,405 $(1,471)$27,097 $(4,825)$42,415 $9,274 $73,961 
(1)The above table provides each segment’s assets in the format that management organizes its reporting segments to make operating decisions and assess performance. Each segment is presented based on our partnership’s share of total assets, taking into account Brookfield Infrastructure’s ownership in operations using consolidation and the equity method whereby our partnership either controls or exercises significant influence over the investment, respectively. The above table reconciles Brookfield Infrastructure’s share of total assets to total assets presented on our partnership’s Consolidated Statements of Financial Position by removing net liabilities contained within investments in associates and joint ventures and reflecting the assets attributable to non-controlling interests, and adjusting for working capital assets which are netted against working capital liabilities.
Revenue and Assets by Geographical Region
Substantially all of our partnership’s revenues are recognized over time as services are rendered. The following table disaggregates revenues by geographical region.
US$ MILLIONS202220212020
Canada$4,438 $2,423 $1,461 
United States2,840 2,644 2,279 
India1,878 1,717 740 
United Kingdom1,604 1,511 1,305 
Brazil1,538 1,164 981 
Colombia900 862 799 
Australia666 617 916 
New Zealand112 121 85 
Peru111 96 81 
Chile 138 117 
Other340 244 121 
$14,427 $11,537 $8,885 
US$ MILLIONS20222021
Canada$22,711 $23,324 
United States13,384 12,382 
India9,269 10,836 
United Kingdom8,092 8,831 
Brazil4,476 5,840 
Australia4,290 3,688 
Europe1,351 1,467 
Peru1,202 1,132 
Colombia989 1,061 
New Zealand338 287 
Other181 217 
$66,283 $69,065