PARTNERSHIP CAPITAL (Tables)

6 Months Ended

Jun. 30, 2023

(a) Special General and Limited Partnership Capital


	Special General Partner Units
MILLIONS, EXCEPT UNIT INFORMATION	As of and for the six-month period ended June 30, 2023			As of and for the 12-month period ended December 31, 2022
	Carrying Value		Units	Carrying Value		Units
Opening balance	$	19	2,400,631	$	19	2,400,631
Ending balance	$	19	2,400,631	$	19	2,400,631


	Limited Partnership Units
MILLIONS, EXCEPT UNIT INFORMATION	As of and for the six-month period ended June 30, 2023			As of and for the 12-month period ended December 31, 2022
	Carrying Value		Units	Carrying Value		Units
Opening balance	$	6,092	458,380,315	$	6,074	457,901,280
Unit issuance	8		262,603	13		338,953
Conversions	2		104,522	5		140,082
Ending balance	$	6,102	458,747,440	$	6,092	$	458,380,315

(b) Non-controlling interest – Redeemable Partnership Units held by Brookfield



MILLIONS, EXCEPT UNIT INFORMATION	As of and for the six-month period ended June 30, 2023			As of and for the 12-month period ended December 31, 2022
	Carrying Value		Units	Carrying Value		Units
Opening balance	$	2,728	193,587,223	$	2,728	193,587,223
Unit issuance	—		—	—		—
Ending balance	$	2,728	193,587,223	$	2,728	193,587,223



MILLIONS, EXCEPT UNIT INFORMATION	As of and for the six-month period ended June 30, 2023			As of and for the 12-month period ended December 31, 2022
	Carrying Value		Shares	Carrying Value		Shares
Opening balance	$	1,757	110,567,671	$	1,755	110,157,540



Conversions	1		116,159	2		410,131
Ending balance	$	1,758	110,683,830	$	1,757	$	110,567,671

Non-controlling interest – Exchangeable Units


MILLIONS, EXCEPT UNIT INFORMATION	As of and for the six-month period ended June 30, 2023			As of and for the 12-month period ended December 31, 2022
	Carrying Value		Units	Carrying Value		Units
Opening balance	$	401	6,464,819	$	408	7,015,032


Conversions	(3)		(220,681)	(7)		(550,213)
Ending balance(1)	$	398	6,244,138	$	401	$	6,464,819

1.Includes non-controlling interest attributable to Exchange LP unitholders and BIPC exchangeable LP unitholders.

(e) Non-controlling interest - Perpetual Subordinated Notes


	Perpetual Subordinated Notes
MILLIONS, EXCEPT UNIT INFORMATION	As of and for the six-month period ended June 30, 2023		As of and for the 12-month period ended December 31, 2022
Opening balance	$	293	$	—
Issued for cash	—		293
Ending balance	$	293	$	293

Preferred Unitholders’ Capital


MILLIONS, EXCEPT UNIT INFORMATION	As of and for the six-month period ended June 30, 2023			As of and for the 12-month period ended December 31, 2022
	Carrying Value		Units	Carrying Value		Units
Opening balance	$	918	43,901,312	$	1,138	55,881,062

Repurchased and cancelled	—		—	(220)		(11,979,750)
Ending balance	$	918	43,901,312	$	918	43,901,312