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SUBSIDIARY PUBLIC ISSUERS (Tables)
12 Months Ended
Dec. 31, 2022
Subsidiary Public Issuer [Abstract]  
Condensed Financial Information The following tables set forth consolidated summary financial information for our partnership, the Fincos, BIPIC and BIPC Holdings:
For the year ended December 31, 2022
US$ MILLIONS
Our partnership(2)
The FincosBIPICBIPC Holdings
Subsidiaries of our
partnership other
than the Fincos, BIPIC, and BIPC Holdings(3)
Consolidating
adjustments(4)
Our partnership
consolidated
Revenues$ $ $ $ $ $14,427 $14,427 
Net income (loss) attributable to partnership(1)
101    407 (101)407 
For the year ended December 31, 2021      
Revenues$— $— $— $— $— $11,537 $11,537 
Net income (loss) attributable to partnership(1)
556 — — 208 885 (556)1,093 
For the year ended December 31, 2020      
Revenues$— $— $— $— $— $8,885 $8,885 
Net income (loss) attributable to partnership(1)
141 — — 389 (141)394 
As at December 31, 2022      
Current assets$ $ $ $ $ $6,686 $6,686 
Non-current assets6,583  1,005 3,105 9,603 45,987 66,283 
Current liabilities  182   8,195 8,377 
Non-current liabilities 3,106  191  35,741 39,038 
Non-controlling interests
Redeemable Partnership Units held by Brookfield     2,263 2,263 
BIPC exchangeable shares     1,289 1,289 
Exchangeable units(5)
     72 72 
Perpetual subordinated notes     293 293 
In operating subsidiaries     15,320 15,320 
Preferred unitholders     918 918 
As at December 31, 2021      
Current assets$— $— $— $— $— $4,896 $4,896 
Non-current assets6,840 — 1,045 2,373 9,835 48,972 69,065 
Current liabilities— — 232 — — 8,429 8,661 
Non-current liabilities— 2,288 — — — 36,621 38,909 
Non-controlling interests
Redeemable Partnership Units held by Brookfield— — — — — 2,408 2,408 
BIPC exchangeable shares— — — — — 1,369 1,369 
Exchangeable units(5)
— — — — — 85 85 
In operating subsidiaries— — — — — 15,658 15,658 
Preferred unitholders— — — — — 1,138 1,138 
(1)Includes net income (loss) 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.
(2)Includes investments in all subsidiaries of our partnership under the equity method.
(3)Includes investments in all other subsidiaries of the Holding LP, Brookfield Infrastructure Holdings (Canada) Inc., Brookfield Infrastructure US Holdings I Corporation and BIP Bermuda Holdings I Limited under the equity method.
(4)Includes elimination of intercompany transactions and balances necessary to present our partnership on a consolidated basis.
(5)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.