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DISTRIBUTIONS DISTRIBUTIONS (Details) - USD ($) $ / shares in Units, $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Dividends recognised as distributions to owners | $ 361 | [1] | $ 338 | [2] | $ 722 | [3] | $ 676 | [4]
Total Distributions | 377 |  | 354 |  | 753 |  | 711 |
Preferred unitholders capital |  |  |  |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Dividends recognised as distributions to owners | $ 12 |  | $ 12 |  | $ 23 |  | $ 27 |
Dividends recognised as distributions to owners per share (in dollars per share) | $ 270,000 |  | $ 0.27 |  | $ 530,000 |  | $ 0.53 |
Perpetual subordinated notes |  |  |  |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Dividends recognised as distributions to owners | $ 4 |  | $ 4 |  | $ 8 |  | $ 8 |
Dividends recognised as distributions to owners per share (in dollars per share) | $ 320,000 |  | $ 0.32 |  | $ 640,000 |  | $ 0.64 |
Limited partners’ capital |  |  |  |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Dividends recognised as distributions to owners | $ 175 | [1] | $ 165 | [2] | $ 350 | [3] | $ 330 | [4]
Dividends recognised as distributions to owners per share (in dollars per share) | $ 380,000 |  | $ 0.36 |  | $ 770,000 |  | $ 0.72 |
General Partner |  |  |  |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Dividends recognised as distributions to owners | $ 67 |  | $ 61 |  | $ 134 |  | $ 122 |
Dividends recognised as incentive distributions to owners | 66 |  | 60 |  | 132 |  | 120 |
Redeemable Partnership Units held by Brookfield |  |  |  |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Dividends recognised as distributions to owners | $ 75 | [1] | $ 69 | [2] | $ 149 | [3] | $ 138 | [4]
Dividends recognised as distributions to owners per share (in dollars per share) | $ 380,000 |  | $ 0.36 |  | $ 770,000 |  | $ 0.72 |
Non-controlling interest – BIPC exchangeable shares |  |  |  |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Dividends recognised as distributions to owners | $ 42 | [1] | $ 40 | [2] | $ 84 | [3] | $ 80 | [4]
Dividends recognised as distributions to owners per share (in dollars per share) | $ 380,000 |  | $ 0.36 |  | $ 770,000 |  | $ 0.72 |
Non-controlling Interest - Exchange LP Units, equity |  |  |  |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Dividends recognised as distributions to owners | $ 2 | [1],[5] | $ 3 | [2],[6] | $ 5 | [3] | $ 6 | [4]
Dividends recognised as distributions to owners per share (in dollars per share) | $ 380,000 |  | $ 0.36 |  | $ 770,000 |  | $ 0.72 |
[1] | Refer to Note 16, Distributions.
[2] | Refer to Note 16, Distributions.
[3] | Refer to Note 16, Distributions.
[4] | Refer to Note 16, Distributions.
[5] | Includes non-controlling interest attributable to Exchange LP units and BIPC exchangeable LP units.
[6] | Includes non-controlling interest attributable to Exchange LP units and BIPC exchangeable LP units.

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