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CONSOLIDATED STATEMENTS OF PARTNERSHIP CAPITAL - USD ($)
$ in Millions
Total
Non-controlling interest— BIPC exchangeable shares
Non-controlling Interest - Exchange LP Units, equity
 Non-controlling interest— in operating subsidiaries
Non-controlling interest – Perpetual subordinated notes
Preferred Unitholders Capital
Limited Partners
Limited Partners
Partners' capital
Limited Partners
(Deficit)
Limited Partners
Ownership Changes
Limited Partners
Accumulated Other Comprehensive Income
General Partner
General Partner
Accumulated Other Comprehensive Income
Non-controlling Interest - Redeemable Partnership Units
Non-controlling Interest - Redeemable Partnership Units
Partners' capital
Non-controlling Interest - Redeemable Partnership Units
Accumulated Other Comprehensive Income
Balance as at Dec. 31, 2019 $ 22,177.0 $ 0.0 $ 18.0 $ 14,113.0   $ 935.0 $ 5,048.0 $ 5,495.0 $ (1,430.0) $ 510.0 $ 473.0 [1] $ 24.0   $ 2,039.0 $ 2,328.0  
Increase (Decrease) in Partners' Capital [Roll Forward]                                
Net income 904.0 14.0 1.0 510.0     141.0   141.0     183.0   55.0    
Other comprehensive (loss) income (62.0) 87.0   (130.0)     (11.0)       (11.0) [1] (1.0)   (7.0)    
Comprehensive income 842.0 101.0 1.0 380.0     130.0   141.0   (11.0) [1] 182.0   48.0    
Issue of equity 9.0 [2]         195.0 9.0 [2] 9.0 [2]             0.0  
Repurchased and cancelled               (0.1)                
Partnership distributions [3] (1,083.0) (66.0) (4.0)       (588.0)   (588.0)     (185.0)   (240.0)    
Partnership preferred distributions (51.0) [3] (3.0) [3]       (51.0) (35.0) [3]   (35.0) [3]         (13.0) [3]    
Acquisition of subsidiaries [4] 1,880.0     1,880.0                        
Disposition of subsidiaries [5] (1,078.0)     (1,078.0)                        
Capital provided by non-controlling interest 63.0     63.0                        
Subsidiary distributions to non-controlling interest (1,278.0)     (1,278.0)                        
Acquisition of non-controlling interest [4] (107.0)     (107.0)                        
Preferred unit issuance [2] 195.0         195.0                    
Issuance of BIPC exchangeable shares [2],[6] 0.0 626.0         (441.0)   (398.0) (61.0) 18.0 [1] (2.0)   (183.0)    
Other items [1],[4] 104.0 (20.0) (3.0) (19.0)     110.0 22.0 25.0 91.0 (28.0)     36.0    
Balance as at Dec. 31, 2020 21,673.0 638.0 12.0 [7] 13,954.0   1,130.0 4,233.0 5,526.0 (2,285.0) 540.0 452.0 [8] 19.0 $ 3.0 1,687.0 2,328.0 $ 209.0
Increase (Decrease) in Partners' Capital [Roll Forward]                                
Net income 2,719.0 95.0 3.0 [7] 1,626.0     556.0   556.0     210.0   229.0    
Other comprehensive (loss) income 260.0 30.0 1.0 [7] 33.0     138.0       138.0 [8]   0.0 58.0   58.0
Comprehensive income 2,979.0 125.0 4.0 [7] 1,659.0     694.0   556.0   138.0 [8] 210.0   287.0    
Issue of equity 2,974.0 [9] 1,770.0 [9] 259.0 [7],[9]     194.0 545.0 [9] 545.0 [9]           400.0 [9] 400.0  
Partnership distributions [10] (1,190.0) (115.0) (7.0) [7]       (608.0)   (608.0)     (209.0)   (251.0)    
Partnership preferred distributions (67.0) [10] (8.0) [10]       (67.0) (41.0) [10]   (41.0) [10]         (18.0) [10]    
Acquisition of subsidiaries [11] 2,707.0     2,707.0                        
Disposition of subsidiaries [12] (1,340.0)     (1,340.0)                        
Subsidiary distributions to non-controlling interest (955.0)     (955.0)                        
Acquisition of non-controlling interest [11] (939.0)     (939.0)                        
Preferred units redeemed [9] (206.0) (2.0)       (186.0) (13.0)   (13.0)         (5.0)    
Preferred unit issuance [9] 194.0         194.0                    
Issuance of BIPC exchangeable shares                     (1.0)          
Other items [8],[9],[11] 561.0 (1,039.0) (183.0) [7] 572.0     892.0 3.0 266.0 890.0 (267.0) 11.0   308.0    
Balance as at Dec. 31, 2021 26,391.0 1,369.0 85.0 [13] 15,658.0   1,138.0 5,702.0 6,074.0 (2,125.0) 1,430.0 323.0 [14] 31.0 2.0 2,408.0 2,728.0 137.0
Increase (Decrease) in Partners' Capital [Roll Forward]                                
Net income 1,375.0 24.0   968.0     101.0   101.0     240.0   42.0    
Other comprehensive (loss) income 148.0 60.0 2.0 [13] (258.0)     237.0       237.0 [14]   0.0 107.0   107.0
Comprehensive income 1,523.0 84.0 2.0 [13] 710.0     338.0   101.0   237.0 [14] 240.0   149.0    
Issue of equity 13.0 [15]         0.0 13.0 [15] 13.0 [15]             0.0  
Partnership distributions (1,352.0) (160.0) (11.0) [13]       (660.0)   (660.0)     (244.0)   (277.0)    
Partnership preferred distributions (66.0) [16] (9.0) [16]       (50.0) (38.0) [16]   (38.0) [16]         (19.0) [16]    
Disposition of subsidiaries [17] (494.0)     (494.0)                        
Subsidiary distributions to non-controlling interest (751.0)     (751.0)                        
Preferred units redeemed [15] (243.0)         (220.0) (14.0)   (14.0)         (9.0)    
Issuance of perpetual subordinated notes [15] 293.0       $ 293.0                      
Other items [14],[15] 240.0 5.0 (4.0) [13] 197.0     31.0 5.0 79.0 26.0 (79.0)     11.0    
Balance as at Dec. 31, 2022 $ 25,554.0 $ 1,289.0 $ 72.0 [13] $ 15,320.0 $ 293.0 $ 918.0 $ 5,372.0 $ 6,092.0 $ (2,657.0) $ 1,456.0 $ 481.0 [14] $ 27.0 $ 2.0 $ 2,263.0 $ 2,728.0 $ 210.0
[1] Refer to Note 29, Accumulated Other Comprehensive Income (Loss).
[2] Refer to Note 28, Partnership Capital.
[3] Refer to Note 30, Distributions.
[4] Refer to Note 7, Acquisition of Businesses
[5] Refer to Note 5, Disposition of Businesses.
[6] Refer to Note 1, Organization and Description of the Business.
[7] 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.
[8] Refer to Note 29, Accumulated Other Comprehensive Income (Loss).
[9] Refer to Note 28, Partnership Capital.
[10] Refer to Note 30, Distributions.
[11] Refer to Note 7, Acquisition of Businesses
[12] Refer to Note 5, Disposition of Businesses.
[13] 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.
[14] Refer to Note 29, Accumulated Other Comprehensive Income (Loss).
[15] Refer to Note 28, Partnership Capital.
[16] Refer to Note 30, Distributions.
[17] Refer to Note 5, Disposition of Businesses.