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UNAUDITED INTERIM CONDENSED AND CONSOLIDATED STATEMENTS OF OPERATING RESULTS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Profit or loss [abstract]        
Revenues $ 5,138 $ 4,256 $ 10,325 $ 8,474
Direct operating costs (3,875) (3,280) (7,788) (6,509)
General and administrative expenses (92) (109) (189) (212)
Profit (loss) from operating activities 1,171 867 2,348 1,753
Interest expense (826) (567) (1,620) (1,135)
Share of earnings from investments in associates and joint ventures 95 273 136 376
Mark-to-market (losses) gains (42) 87 (38) (7)
Other (expenses) income (133) 295 265 200
Income before income tax 265 955 1,091 1,187
Income tax (expense) recovery        
Current (132) (144) (294) (276)
Deferred 51 (38) 201 5
Net (loss) income 184 773 998 916
Attributable to:        
Limited partners (38) 186 18 161
General partner 73 67 147 132
Non-controlling interest attributable to:        
Redeemable Partnership Units held by Brookfield (16) 77 7 66
BIPC exchangeable shares (11) 45 5 39
Exchangeable units [1] 0 3 1 3
Interest of others in operating subsidiaries $ 176 $ 395 $ 820 $ 515
Basic and diluted (loss) income per limited partner unit:        
Basic earnings (loss) per share (in dollars per share) $ (0.10) $ 0.38 $ 0 $ 0.31
Diluted earnings (loss) per share (in dollars per share) $ (0.10) $ 0.38 $ 0 $ 0.31
[1] Includes non-controlling interest attributable to Exchange LP units and BIPC exchangeable LP units.