
US$ MILLIONS	Revaluation surplus		Foreign currency translation		Net investment hedges		Cash flow hedges		Marketable securities		Unrealized actuarial losses		Equity accounted investments		Accumulated other comprehensive income (loss)
Balance at January 1, 2023	$	774	$	(1,741)	$	115	$	87	$	125	$	3	$	1,118	$	481
Other comprehensive (loss) income	(1)		153		(5)		(2)		—		—		(90)		55

Other items(1)	—		—		—		—		—		—		(18)		(18)
Balance at June 30, 2023	$	773	$	(1,588)	$	110	$	85	$	125	$	3	$	1,010	$	518


US$ MILLIONS	Revaluation surplus		Foreign currency translation		Net investment hedges		Cash flow hedges		Marketable securities		Unrealized actuarial (losses) gains		Equity accounted investments		Accumulated other comprehensive income (loss)
Balance at January 1, 2022	$	673	$	(1,463)	$	27	$	56	$	125	$	(10)	$	915	$	323
Other comprehensive income (loss)	13		(195)		37		49		—		4		86		(6)

Other items(2)	—		—		—		—		—		—		(86)		(86)
Balance at June 30, 2022	$	686	$	(1,658)	$	64	$	105	$	125	$	(6)	$	915	$	231


US$ MILLIONS	Revaluation surplus		Foreign currency translation		Net investment hedges		Cash flow hedges		Marketable securities		Unrealized actuarial losses		Equity accounted investments		Accumulated other comprehensive income
Balance at January 1, 2023	$	4	$	(9)	$	—	$	—	$	1	$	—	$	6	$	2
Other comprehensive income (loss)	—		2		—		—		—		—		(1)		1


Balance at June 30, 2023	$	4	$	(7)	$	—	$	—	$	1	$	—	$	5	$	3


US$ MILLIONS	Revaluation surplus		Foreign currency translation		Net investment hedges		Cash flow hedges		Marketable securities		Unrealized actuarial losses		Equity accounted investments		Accumulated other comprehensive income
Balance at January 1, 2022	$	4	$	(8)	$	—	$	—	$	1	$	—	$	5	$	2
Other comprehensive (loss) income	—		(1)		—		—		—		—		1		—

Balance at June 30, 2022	$	4	$	(9)	$	—	$	—	$	1	$	—	$	6	$	2


US$ MILLIONS	Revaluation surplus		Foreign currency translation		Net investment hedges		Cash flow hedges		Marketable securities		Unrealized actuarial losses		Equity accounted investments		Accumulated other comprehensive income (loss)
Balance at January 1, 2023	$	326	$	(726)	$	49	$	36	$	53	$	(1)	$	473	$	210
Other comprehensive income (loss)	—		64		(3)		(1)		—		—		(37)		23

Other items(1)	—		—		—		—		—		—		(8)		(8)
Balance at June 30, 2023	$	326	$	(662)	$	46	$	35	$	53	$	(1)	$	428	$	225


US$ MILLIONS	Revaluation surplus		Foreign currency translation		Net investment hedges		Cash flow hedges		Marketable securities		Unrealized actuarial losses		Equity accounted investments		Accumulated other comprehensive income (loss)
Balance at January 1, 2022	$	283	$	(616)	$	12	$	24	$	53	$	(6)	$	387	$	137
Other comprehensive income (loss)	6		(80)		15		20		—		—		38		(1)

Other items(2)	—		—		—		—		—		—		(36)		(36)
Balance at June 30, 2022	$	289	$	(696)	$	27	$	44	$	53	$	(6)	$	389	$	100


US$ MILLIONS	Revaluation surplus		Foreign currency translation & other		Net investment hedges		Cash flow hedges		Marketable securities		Unrealized actuarial losses		Equity accounted investments		Accumulated other comprehensive income (loss)
Balance at January 1, 2023	$	186	$	(415)	$	28	$	20	$	30	$	1	$	268	$	118
Other comprehensive income (loss)	—		37		(1)		(1)		—		—		(22)		13

Other items(1)	—		—		—		—		—		—		(4)		(4)
Balance at June 30, 2023	$	186	$	(378)	$	27	$	19	$	30	$	1	$	242	$	127


US$ MILLIONS	Revaluation surplus		Foreign currency translation & other		Net investment hedges		Cash flow hedges		Marketable securities		Unrealized actuarial losses		Equity accounted investments		Accumulated other comprehensive income (loss)
Balance at January 1, 2022	$	161	$	(351)	$	7	$	13	$	30	$	(2)	$	219	$	77
Other comprehensive income (loss)	4		(46)		9		12		—		—		21		—

Other items(2)	—		—		—		—		—		—		(20)		(20)
Balance at June 30, 2022	$	165	$	(397)	$	16	$	25	$	30	$	(2)	$	220	$	57


US$ MILLIONS	Revaluation surplus		Foreign currency translation		Net investment hedges		Cash flow hedges		Marketable securities		Unrealized actuarial losses		Equity accounted investments		Accumulated other comprehensive income
Balance at January 1, 2023	$	11	$	(28)	$	2	$	1	$	1	$	—	$	19	$	6
Other comprehensive income (loss)	—		2		—		—		—		—		(1)		1


Balance at June 30, 2023	$	11	$	(26)	$	2	$	1	$	1	$	—	$	18	$	7


US$ MILLIONS	Revaluation surplus		Foreign currency translation		Net investment hedges		Cash flow hedges		Marketable securities		Unrealized actuarial losses		Equity accounted investments		Accumulated other comprehensive income
Balance at January 1, 2022	$	10	$	(24)	$	1	$	1	$	1	$	—	$	15	$	4


Other comprehensive (loss) income	—		(2)		—		—		—		—		2		—
Balance at June 30, 2022	$	10	$	(26)	$	1	$	1	$	1	$	—	$	17	$	4

1.In relation to our current quarter dispositions, a total of approximately $30 million of accumulated other comprehensive income (net of tax) of revaluation surplus gains were reclassified from accumulated other comprehensive income directly to retained earnings and recorded within Other items on the Consolidated Statement of Partnership Capital. Refer to Note 9, Investments in Associates and Joint Ventures, for further details.

2.In relation to the disposition of a 49% interest in its North American container terminal operation on June 13, 2022, $142 million of accumulated other comprehensive income (net of tax) of revaluation surplus gains were reclassified from accumulated other comprehensive income directly to retained earnings and recorded within Other items on the Consolidated Statements of Partnership Capital. Refer to Note 9, Investments in Associates and Joint Ventures, for further details.

3.Includes non-controlling interest attributable to Exchange LP units and BIPC exchangeable LP units.