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UNAUDITED INTERIM CONDENSED AND CONSOLIDATED STATEMENTS OF OPERATING RESULTS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Profit or loss [abstract]        
Revenues $ 4,256 $ 3,681 $ 8,474 $ 7,092
Direct operating costs (3,280) (2,712) (6,509) (5,218)
General and administrative expenses (109) (108) (212) (229)
Profit (loss) from operating activities 867 861 1,753 1,645
Interest expense (567) (469) (1,135) (878)
Share of earnings (loss) from investments in associates and joint ventures 273 (34) 376 20
Mark-to-market gains (losses) 87 165 (7) 133
Other income 295 56 200 91
Income before income tax 955 579 1,187 1,011
Income tax (expense) recovery        
Current (144) (180) (276) (300)
Deferred (38) 26 5 8
Net income 773 425 916 719
Attributable to:        
Limited partners 186 70 161 76
General partner 67 60 132 120
Non-controlling interest attributable to:        
Redeemable Partnership Units held by Brookfield 77 29 66 32
BIPC exchangeable shares 45 17 39 18
Exchangeable units [1] 3 0 3 0
Interest of others in operating subsidiaries $ 395 $ 249 $ 515 $ 473
Basic and diluted income per limited partner unit:        
Basic earnings (loss) per share (in dollars per share) $ 0.38 $ 0.13 $ 0.31 $ 0.12
Diluted earnings (loss) per share (in dollars per share) $ 0.38 $ 0.13 $ 0.31 $ 0.12
[1] Includes non-controlling interest attributable to Exchange LP units and BIPC exchangeable LP units.