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INTANGIBLE ASSETS
 6 Months Ended
Jun. 30, 2023
Intangible Assets [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
As of
US$ MILLIONSJune 30, 2023December 31, 2022
Cost$17,846 $13,718 
Accumulated amortization(2,370)(1,896)
Total$15,476 $11,822 
Intangible assets are allocated to the following cash generating units, or group of cash generating units:
As of
US$ MILLIONSJune 30, 2023December 31, 2022
Brazilian regulated gas transmission operation$3,015 $2,816 
North American residential decarbonization infrastructure operation(1)
3,394 1,674 
Canadian diversified midstream operation2,135 2,186 
North American rail operations1,757 1,762 
European residential decarbonization infrastructure business(1)
1,207 — 
Peruvian toll roads1,086 1,031 
Indian telecom tower operation676 682 
U.K. telecom towers operation565 537 
Brazilian electricity transmission operation(1)
502 — 
U.K. port operation271 258 
Other(2)
868 876 
Total$15,476 $11,822 
1.Refer to Note 5, Acquisition of Businesses, for further details.
2.Other intangibles are primarily comprised of customer contracts at our Australian port operation, Western Canadian natural gas gathering and processing operation, U.S. data center operation, Colombian natural gas transmission operation, natural gas operation in India and contracted order book at our U.K. regulated distribution operation.
The following table presents the change in the cost balance of intangible assets:
US$ MILLIONSFor the six-month period ended June 30, 2023For the 12-month period ended December 31, 2022
Cost at beginning of the period$13,718 $15,785 
Additions through business combinations(1)
3,398 302 
Additions, net of disposals105 149 
Assets held by subsidiaries disposed during the period(2)
— (1,454)
Adjustments to purchase price allocation(1)
(4)— 
Assets reclassified as held for sale— (793)
Non-cash (dispositions) additions(3)
(5)47 
Foreign currency translation634 (318)
Ending Balance$17,846 $13,718 
1.Refer to Note 5, Acquisition of Businesses, for further details.
2.Refer to Note 4, Disposition of Businesses, for further details.
3.Non-cash additions for the 12-month period ended December 31, 2022 primarily relate to revisions to the purchase price allocation at our residential infrastructure operation in Germany.
The following table presents the accumulated amortization for Brookfield Infrastructure’s intangible assets:
US$ MILLIONSFor the six-month period ended June 30, 2023For the 12-month period ended December 31, 2022
Accumulated amortization at beginning of the period$(1,896)$(1,571)
Assets held by subsidiaries disposed during the period(1)
— 5 
Non-cash additions, net of disposals7 — 
Held for sale— 211 
Amortization(384)(561)
Foreign currency translation(97)20 
Ending Balance$(2,370)$(1,896)
1.Refer to Note 4, Disposition of Businesses, for further details.