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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Statement of comprehensive income [abstract]      
Net income $ 1,448 $ 1,375 $ 2,719
Items that will not be reclassified subsequently to profit or loss:      
Revaluation surplus 791 406 252
Marketable securities 0 0 153
Unrealized actuarial (losses) gains (8) 160 170
Taxes on the above items (168) (152) (197)
Share of income from investments in associates and joint ventures 159 89 96
Other comprehensive income that will not be reclassified to profit or loss, net of tax 774 503 474
Items that may be reclassified subsequently to profit or loss:      
Foreign currency translation 795 (1,365) (513)
Cash flow hedge (466) 547 293
Net investment hedge (34) 229 2
Taxes on the above items 61 (162) (63)
Share of (losses) income from investments in associates and joint ventures (251) 396 67
Other comprehensive income that will be reclassified to profit or loss, net of tax 105 (355) (214)
Total other comprehensive income 879 148 260
Comprehensive income 2,327 1,523 2,979
Attributable to:      
Limited partners 321 338 694
General partner 267 240 210
Non-controlling interest attributable to:      
Redeemable Partnership Units held by Brookfield 132 149 287
BIPC exchangeable shares 83 84 125
Exchangeable units [1] 5 2 4
Interest of others in operating subsidiaries $ 1,519 $ 710 $ 1,659
[1] Includes non-controlling interest attributable to Exchange LP Units and BIPC Exchangeable LP Units. Refer to Note 1, Organization and Description of the Business, for further details.