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INTANGIBLE ASSETS
 6 Months Ended
Jun. 30, 2024
Intangible Assets [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
As of
US$ MILLIONSJune 30, 2024December 31, 2023
Cost$17,114 $18,622 
Accumulated amortization(2,927)(2,777)
Total$14,187 $15,845 
Intangible assets are allocated to the following cash generating units, or group of cash generating units:
As of
US$ MILLIONSJune 30, 2024December 31, 2023
North American residential decarbonization infrastructure operation(1)
$3,161 3,267 
Brazilian regulated gas transmission operation2,547 2,970 
Canadian diversified midstream operation1,896 2,050 
North American rail operations1,702 1,732 
European residential decarbonization infrastructure business(1)
1,215 1,198 
Global intermodal logistics operation(1)
693 704 
Indian telecom tower operation640 652 
U.K. wireless infrastructure operation559 563 
Brazilian electricity transmission operation(1)
444 505 
North American retail colocation data center operation(1)
405 132 
U.K. port operation270 272 
Other(2)
655 1,800 
Total$14,187 $15,845 
1.Refer to Note 6, Acquisition of Businesses, for further details.
2.Other intangibles are primarily comprised of customer contracts at our Canadian natural gas gathering and processing operation, Colombian natural gas transmission operation, natural gas operation in India and contracted order book at our U.K. regulated distribution operation.
The following table presents the change in the cost balance of intangible assets:
US$ MILLIONSFor the six-month period
ended June 30, 2024		For the 12-month period ended December 31, 2023
Cost at beginning of the period$18,622 $13,718 
Additions through business combinations(1)
288 4,020 
Additions, net of disposals105 284 
Assets held by subsidiaries disposed during the period(2)
(19)— 
Non-cash disposals(3)
(1,112)(7)
Foreign currency translation(770)607 
Ending Balance$17,114 $18,622 
1.Refer to Note 6, Acquisition of Businesses, for further details.
2.Refer to Note 5, Disposition of Businesses, for further details.
3.Non-cash disposals for the six-month period ended June 30, 2024 principally relates to the deconsolidation of our Peruvian toll road operations. Refer to Note 19, Related Party Transactions, for further details.
The following table presents the accumulated amortization for Brookfield Infrastructure’s intangible assets:
US$ MILLIONSFor the six-month period
ended June 30, 2024		For the 12-month period ended December 31, 2023
Accumulated amortization at beginning of the period$(2,777)$(1,896)
Non-cash additions, net of disposals93 (2)
Amortization(409)(770)
Disposals(1)
14 — 
Foreign currency translation152 (109)
Ending Balance$(2,927)$(2,777)
1.Refer to Note 5, Disposition of Businesses, for further details.