NON-WHOLLY OWNED SUBSIDIARIES (Tables)

12 Months Ended

Dec. 31, 2022

Interests In Other Entities [Abstract]

Summarized accounts for non-wholly owned subsidiaries

The following tables present summarized accounts for non-wholly owned subsidiaries on the Consolidated Statement of Financial Position:


	As of December 31, 2022
US$ MILLIONS	Current Assets		Non-Current Assets		Current Liabilities		Non-Current Liabilities		Non-Controlling Interest in Operating Subsidiaries		Partnership Capital(1)
Utilities
U.K. regulated distribution operation	$	264	$	4,821	$	690	$	2,864	$	298	$	1,233
Brazilian regulated gas transmission operation	737		3,362		486		3,034		460		119
Colombian natural gas distribution operation	209		989		155		535		442		66

North American residential infrastructure business(2)	405		5,096		483		3,222		1,322		474
Indian gas transmission operation	146		1,718		308		949		590		17
U.K. residential infrastructure business(2)	26		111		20		5		95		17
European residential infrastructure business(2)	43		190		17		71		128		17
Transport
North American rail operation	675		9,630		544		4,856		4,422		483
U.K. port operation	106		1,112		67		833		129		189
Australian port operation	237		531		112		284		265		107
Peruvian toll roads	127		1,202		10		616		584		119
Indian toll roads(3)	717		—		478		—		164		75
Midstream
Canadian diversified midstream operation(2)	577		14,306		2,370		7,342		2,496		2,675
North American gas storage operation	539		1,515		564		452		633		405
Western Canadian natural gas gathering and processing operation	177		3,633		97		1,802		1,365		546
Data
North American data center operation	70		1,528		151		783		476		188
Australian data center operation	15		512		14		160		252		101
U.K. telecom towers operation	46		940		243		407		254		82
Indian telecom towers operation(2)	294		7,557		547		5,988		914		402
U.S. fiber business	7		9		4		—		9		3
Corporate
Holding LP and other	1,126		88		761		3,483		22		(3,052)
Total	$	6,543	$	58,850	$	8,121	$	37,686	$	15,320	$	4,266


	As of December 31, 2021
US$ MILLIONS	Current Assets		Non-Current Assets		Current Liabilities		Non-Current Liabilities		Non-Controlling Interest in Operating Subsidiaries		Partnership Capital(1)
Utilities
U.K. regulated distribution operation	$	249	$	4,961	$	316	$	3,285	$	314	$	1,295

Brazilian regulated gas transmission operation	668		3,115		1,278		2,028		389		88
Colombian natural gas distribution operation	219		1,061		162		522		512		84
Brazilian electricity transmission operation(2),(4)	104		1,457		30		902		436		193
North American residential infrastructure business	269		4,583		466		2,660		1,215		511


Indian gas transmission operation	154		2,015		287		1,191		644		47
U.K. residential infrastructure business	5		151		34		5		99		18
European residential infrastructure business	24		213		10		78		132		17
Transport
North American rail operation	564		9,561		564		4,930		4,173		458
U.K. port operation	55		1,154		40		779		159		231
Australian port operation	262		581		223		180		316		124

Peruvian toll roads	98		1,132		17		561		541		111
Indian toll roads(3)	70		732		166		364		189		83
Midstream
Canadian diversified midstream operation(2)	441		15,034		2,875		7,283		2,413		2,904
North American gas storage operation	258		1,479		227		662		525		323
Western Canadian natural gas gathering and processing operation	130		3,932		96		1,974		1,422		570
Data
North American data center operation	51		1,401		86		929		312		125
Australian data center operation	28		402		23		119		206		82
U.K. telecom towers operation	40		880		190		495		177		58
Indian telecom tower operation(2)	306		8,081		407		6,034		1,443		503
Corporate
Holding LP and other	746		101		889		2,470		41		(2,553)
Total	$	4,741	$	62,026	$	8,386	$	37,451	$	15,658	$	5,272

(1)Attributable to all equity holders other than non-controlling interests in operating subsidiaries.

(2)Refer to Note 7, Acquisition of Businesses, for further details.

(3)Indian toll roads include our investments in BIF India Holdings Pte Ltd, Simhapuri Expressway Limited and Rayalseema Expressway Private Limited. The assets and liabilities have been classified as held for sale as at December 31, 2022. Refer to Note 6. Assets and Liabilities Classified as Held for Sale, for further details.

(4)Refer to Note 5 , Disposition of Businesses, for further details.

The following tables present summarized accounts for non-wholly owned subsidiaries on the Consolidated Statement of Operating Results:


	Year ended December 31, 2022
			Attributable to non-controlling interest				Attributable to unitholders
US$ MILLIONS	Revenue		Net Income (loss)		Other Comprehensive Income (loss)		Net Income (loss)		Other Comprehensive Income (loss)
Utilities
U.K. regulated distribution operation	$	572	$	19	$	(20)	$	75	$	(78)
Brazilian regulated gas transmission operation	1,314		506		(2)		225		(1)
Colombian natural gas distribution operation	901		47		(23)		10		(4)
Brazilian electricity transmission operation(2)	224		67		29		21		22


North American residential infrastructure business	1,695		89		23		36		9
Indian gas transmission operation	337		51		(56)		14		(15)
U.K. residential infrastructure business(1)	84		(4)		(11)		(1)		(2)
European residential infrastructure business(1)	106		(15)		(7)		(2)		(1)
Transport
North American rail operation	2,253		196		202		23		21
U.K. port operation	272		6		(15)		8		(21)
Australian port operation	458		(27)		(21)		(10)		(8)

Peruvian toll roads	111		15		28		3		6
Indian toll roads(3)	143		1		(22)		4		(11)
Midstream
North American gas storage operation	246		64		43		45		38
Canadian diversified midstream operation(1)	3,150		115		(163)		160		(239)
Western Canadian natural gas gathering and processing operation	561		32		(37)		13		(15)
Data
North American data center operation	221		(75)		28		(30)		11
Australian data center operation	22		3		(9)		2		(4)
U.K. telecom towers operation	57		(5)		(18)		(2)		(5)
Indian telecom tower operation	1,398		(7)		(201)		2		(41)

U.S. fiber business	—		(4)		—		(1)		—
Corporate
Holding LP and other	6		(106)		—		(244)		300
Total	$	14,131	$	968	$	(252)	$	351	$	(38)


	Year ended December 31, 2021
			Attributable to non-controlling interest				Attributable to unitholders
US$ MILLIONS	Revenue		Net Income (loss)		Other Comprehensive Income (loss)		Net Income (loss)		Other Comprehensive Income (loss)
Utilities
U.K. regulated distribution operation	569		34		6		138		26


Brazilian regulated gas transmission operation	1,074		361		(87)		150		(31)
Colombian natural gas distribution operation	862		34		(101)		8		(24)
Brazilian electricity transmission operation(2)	90		22		(6)		10		(2)
Canadian district energy operation	72		9		35		3		8
U.S. district energy operation	74		2		—		—		—
North American residential infrastructure business	1,444		75		43		32		18
Indian gas transmission operation	342		35		(17)		13		(5)
U.K. residential infrastructure operation(1)	2		—		—		—		—
European residential infrastructure business(1)	89		(6)		(8)		(1)		(1)
Transport
North American rail operation	2,157		208		131		24		13
U.K. port operation	274		17		6		24		9
Australian port operation	412		(16)		(18)		(6)		(6)
Chilean toll roads	138		(40)		53		(8)		13

Peruvian toll roads	96		6		(57)		1		(11)
Indian toll roads	117		(25)		(6)		(9)		(3)
Midstream
North American gas storage operation	371		95		36		65		22
Canadian diversified midstream operation(1)	906		59		38		65		30
Western Canadian natural gas gathering and processing operation	551		62		52		25		21
Data
North American data center operation	249		(33)		13		(13)		5
Australian data center operation	23		3		(8)		1		(3)
U.K. telecom towers operation	59		(19)		(1)		(6)		—
Indian telecom tower operation	1,257		1		(80)		—		(16)
Corporate
Holding LP and other	5		742		—		450		194
Total	$	11,233	$	1,626	$	24	$	966	$	257


	Year ended December 31, 2020
			Attributable to non-controlling interest				Attributable to unitholders
US$ MILLIONS	Revenue		Net Income (loss)		Other Comprehensive Income (loss)		Net Income (loss)		Other Comprehensive Income (loss)
Utilities
U.K. regulated distribution operation	488		11		42		46		167
Colombian regulated distribution operation	6		2		156		—		(6)
Brazilian regulated gas transmission operation	942		309		(399)		116		(152)
Colombian natural gas distribution operation	793		39		34		7		13
Brazilian electricity transmission operation(2)	40		9		(25)		4		(11)
Canadian district energy operation	127		5		115		2		39
U.S. district energy operation	137		(14)		58		(9)		38
North American residential infrastructure business	1,274		70		(32)		29		(14)
Indian gas transmission operation	268		(61)		(23)		(19)		(7)
Transport
Australian export terminal(4)	297		163		35		54		16
North American rail operation	1,974		86		(153)		11		(16)
U.K. port operation	235		22		16		31		22
Australian port operation	381		(29)		40		(10)		14
Chilean toll roads	116		(21)		(21)		(6)		2

Peruvian toll roads	81		7		(54)		1		(11)
Indian toll roads(3)	111		(24)		(4)		(8)		(2)
Midstream
North American gas storage operation	143		(10)		10		(7)		6
Western Canadian natural gas gathering and processing operation	501		29		(1)		12		(1)
Data
North American data center operation	273		(32)		(10)		(13)		(4)
Australian data center operation	24		4		12		1		5
U.K. telecom towers operation	51		(3)		5		(1)		2
Indian telecom tower operation	360		5		69		3		14
Corporate
Holding LP and other	9		(57)		—		(7)		250
Total	$	8,631	$	510	$	(130)	$	237	$	364

(1)Refer to Note 7, Acquisition of Businesses, for further details.

(2)Refer to Note 5, Disposition of Businesses, for further details.

(3)Indian toll roads include our investments in BIF India Holdings Pte Ltd, Simhapuri Expressway Limited and Rayalseema Expressway Private Limited.

(4)On December 7, 2020, our partnership completed the partial sale of an effective 22% interest in our Australian export terminal. Upon partial disposition, the operation ceased to meet the definition of a non-wholly owned subsidiary. The balance in the tables above reflect the period up until the date of partial disposition. Refer to Note 13, Investment in Associates and Joint Ventures, for further details.

The following tables present summarized accounts for non-wholly owned subsidiaries on the Consolidated Statement of Cash Flows:


	Cash Flow Activities
	Year ended December 31, 2022						Year ended December 31, 2021
US$ MILLIONS	Operating		Investing		Financing		Operating		Investing		Financing
Utilities
U.K. regulated distribution operation	$	293	$	(432)	$	101	$	273	$	344	$	(582)

Brazilian regulated gas transmission operation	783		(80)		(824)		768		(32)		(473)
Colombian natural gas distribution operation	154		(32)		(99)		91		(38)		(41)
Brazilian electricity transmission operation(2)	90		(58)		(120)		29		70		(24)

Canadian district energy operation(1)	—		—		—		30		(38)		7
U.S. district energy operation(1)	—		—		—		13		(34)		25
North American residential infrastructure business(5)	(116)		(352)		480		(79)		(107)		189
Indian gas transmission operation	132		5		(123)		187		(51)		(120)
U.K. residential infrastructure business(2)	(11)		(5)		16		—		1		—
European residential infrastructure business(2)	(14)		(30)		55		(6)		15		—
Transport

North American rail operation	515		(250)		(210)		511		(98)		(424)
U.K. port operation	31		(61)		42		66		(53)		(24)
Australian port operation	26		(44)		(3)		11		(21)		(18)
Chilean toll roads(1)	—		—		—		46		(172)		85
Peruvian toll roads	42		(19)		—		30		(27)		—
Indian toll roads(3)	51		(15)		(26)		(2)		3		5
Midstream
North American gas storage operation	61		(37)		(26)		196		(35)		(179)
Canadian diversified midstream operation(2)	568		(713)		144		198		(246)		108
Western Canadian natural gas gathering and processing operation	197		(68)		(153)		235		(91)		(135)
Data
North American data center operation	(5)		(300)		318		38		(25)		(15)
Australian data center operation	5		(131)		114		16		(105)		104
U.K. telecom towers operation	61		(170)		120		16		(15)		2
Indian telecom towers operation(2)	315		(243)		(28)		189		(416)		261

U.S. fiber business	(5)		(9)		17		—		—		—
Corporate
Holding LP and other	(174)		(291)		362		(171)		22		322
Total	$	2,999	$	(3,335)	$	157	$	2,685	$	(1,149)	$	(927)


	Cash Flow Activities
	Year ended December 31, 2020
US$ MILLIONS	Operating		Investing		Financing
Utilities
U.K. regulated distribution operation	$	241	$	(372)	$	133
Colombian regulated distribution operation(1)	2		—		(2)
Brazilian regulated gas transmission operation	634		(34)		(588)
Colombian natural gas distribution operation	89		(35)		(55)
Brazilian electricity transmission operation	13		—		(14)
Canadian district energy operation(1)	42		(97)		55
U.S. district energy operation(1)	51		(50)		—
North American residential infrastructure business	(42)		(5)		45
Indian gas transmission operation	136		(14)		(117)
Transport
Australian export terminal(4)	68		(27)		(57)
North American rail operation	616		(24)		(606)
U.K. port operation	42		(25)		(11)
Australian port operation	28		(32)		26
Chilean toll roads(1)	49		(1)		(34)
Peruvian toll roads	18		(22)		—
Indian toll roads(3)	11		(18)		19
Midstream
North American gas storage operation	68		12		(53)
Western Canadian natural gas gathering and processing operation	156		(299)		114
Data
North American data center operation	77		(16)		(63)
Australian data center operation	7		(3)		(3)
U.K. telecom towers operation	27		(20)		(9)
Indian telecom tower operation	245		(3,451)		3,331
Corporate
Holding LP and other	(182)		(4)		89
Total	$	2,396	$	(4,537)	$	2,200

(1)Refer to Note 5, Disposition of Businesses, for further details.

(2)Refer to Note 7, Acquisition of Businesses, for further details.

(3)Indian toll roads include our investments in BIF India Holdings Pte Ltd, Simhapuri Expressway Limited and Rayalseema Expressway Private Limited.

(4)On December 7, 2020, our partnership completed the partial sale of an effective 22% interest in our Australian export terminal. Upon partial disposition, the operation ceased to meet the definition of a non-wholly owned subsidiary. The balance in the tables above reflect the period up until the date of partial disposition. Refer to Note 5, Disposition of Businesses, and Note 13, Investment in Associates and Joint Ventures, for further details.

(5)Our partnership’s cash from operating activities include reduction to cash related to the impact of finance lease receivables signed at our North American residential energy infrastructure operation. The operation presents an outflow for the cost of inventory within the operating cash flows, and given the business has been securitized since 2019, the corresponding cash outflows are offset by increases in non-recourse borrowings under financing activities on the Consolidated Statements of Cash Flows.