XML 20 R5.htm IDEA: XBRL DOCUMENT v3.24.2.u1
UNAUDITED INTERIM CONDENSED AND CONSOLIDATED STATEMENTS OF PARTNERSHIP CAPITAL - USD ($)
$ in Millions
Total
Non-controlling interest – in operating subsidiaries
Limited partners’ capital
Limited partners’ capital
Limited partners’ capital
Limited partners’ capital
(Deficit)
Limited partners’ capital
Ownership changes
Limited partners’ capital
Accumulated other comprehensive income
General partner
General partner
Accumulated other comprehensive income
Redeemable Partnership Units held by Brookfield
Redeemable Partnership Units held by Brookfield
Limited partners’ capital
Redeemable Partnership Units held by Brookfield
Accumulated other comprehensive income
Non-controlling interest – BIPC exchangeable shares
Non-controlling interest – BIPC exchangeable shares
Limited partners’ capital
Non-controlling interest – BIPC exchangeable shares
Accumulated other comprehensive income
Non-controlling Interest - Exchange LP Units, equity
Non-controlling Interest - Exchange LP Units, equity
Limited partners’ capital
Non-controlling Interest - Exchange LP Units, equity
Accumulated other comprehensive income
Non-controlling interest – in operating subsidiaries
Non-controlling interest – Perpetual subordinated notes
Preferred unitholders capital
Ownership changes
Perpetual subordinated notes                                       $ 293    
Balance as at Dec. 31, 2022 $ 25,554   $ 5,372 $ 6,092 $ (2,657) $ 1,456 $ 481 [1] $ 27 $ 2 $ 2,263 $ 2,728 $ 210 $ 1,289 $ 1,757 $ 118 $ 72 [2] $ 401 $ 6 $ 15,320   $ 918  
Perpetual subordinated notes at Dec. 31, 2022                                       293    
Net (loss) income 916   161   161     132   66     39     3 [2]     515      
Other comprehensive loss 524   55       55 [1] 1 1 23   23 13   13 1 [2]   1 431      
Comprehensive income (loss) 1,440   216   161   55 [1] 133   89     52     4 [2]     946      
Unit issuance 8   8 8                                    
Partnership distributions [3] (722)   (350)   (350)     (134)   (149)     (84)     (5) [2]            
Partnership preferred distributions [3] (31)   (19)   (19)         (8)     (4)                  
Acquisition of subsidiary [4] 3,789 $ 3,789                                        
Disposition of subsidiaries [5] (372) (372)                                        
Subsidiary distributions to non-controlling interest (1,043)                                   (1,043)      
Other items 0 [6]   2 [6] 2 [6] 18 [6]   (18) [6]         (8) 1 [6]   (4) 3 [2],[6]            
Balance as at Jun. 30, 2023 28,623   5,229 6,102 (2,847) 1,456 518 [1],[7] 26 3 2,195   225 1,254   127 68 [8]   7 18,640   918  
Balance as at Dec. 31, 2022 25,554   5,372 6,092 (2,657) 1,456 481 [1] 27 2 2,263 2,728 210 1,289 1,757 118 72 [2] 401 6 15,320   918  
Perpetual subordinated notes at Dec. 31, 2022                                       293    
Unit issuance       12                                    
Balance as at Dec. 31, 2023 34,016   5,321 6,196 (3,246) 1,695 676 [9] 28 4 2,190 2,628 277 1,533 2,512 195 72 [10] 393 9 23,661   918  
Perpetual subordinated notes                                       293    
Balance as at Mar. 31, 2023 28,312   5,112 6,099 (2,866) 1,456 423 [7] 25   2,149     1,225     68 [8]     18,522   918  
Perpetual subordinated notes at Mar. 31, 2023                                       293    
Net (loss) income 773   186   186     67   77     45     3     395      
Other comprehensive loss 544   113       113 [7] 1   48     27     1 [8]     354      
Comprehensive income (loss) 1,317   299   186   113 [7] 68   125     72     4 [8]     749      
Unit issuance [11] 2   2 2                                    
Partnership distributions [12] (361)   (175)   (175)     (67)   (75)     (42)     (2) [8]            
Partnership preferred distributions [12] (16)   (10)   (10)         (4)     (2)                  
Acquisition of subsidiary [13] 158 158                                        
Disposition of subsidiaries [14] (372) $ (372)                                        
Subsidiary distributions to non-controlling interest (417)                                   (417)      
Other items [11] 0   1 1 18   (18) [7]           1     2            
Balance as at Jun. 30, 2023 28,623   5,229 6,102 (2,847) 1,456 518 [1],[7] 26 3 2,195   225 1,254   127 68 [8]   7 18,640   918  
Perpetual subordinated notes                                       293    
Perpetual subordinated notes 293                                     293    
Balance as at Dec. 31, 2023 34,016   5,321 6,196 (3,246) 1,695 676 [9] 28 4 2,190 2,628 277 1,533 2,512 195 72 [10] 393 9 23,661   918  
Perpetual subordinated notes at Dec. 31, 2023 293                                     293    
Net (loss) income 998   18   18     147   7     5     1 [10]     820      
Other comprehensive loss (239)   (58)       (58) [9] 0 0 (24)   (24) (17)   (17)     0 (140)      
Comprehensive income (loss) 759   (40)   18   (58) [9] 147   (17)     (12)     1 [10]     680      
Unit issuance [15] 6   6 6                                    
Partnership distributions [16] (788)   (374)   (374)     (148)   (156)     (106)     (4) [10]            
Partnership preferred distributions [16] (34)   (20)   (20)         (8)     (6)                  
Capital provided by non-controlling interest (2,105)                                   (2,105)      
Subsidiary distributions to non-controlling interest (1,139)                                   (1,139)      
Other items [15],[17] (606)   5 2           2     2     3 [10]     612     $ 3
Balance as at Jun. 30, 2024 30,109   4,898 6,204 (3,622) 1,698 618 [18] 27 4 2,011 2,628 253 1,411 2,513 178 66 [19] 390 9 20,485   918  
Perpetual subordinated notes 293                                          
Balance as at Mar. 31, 2024 32,623   5,162 6,200 (3,387) 1,697 652 [18] 28   2,122     1,488     69 [19]     22,543   918  
Perpetual subordinated notes at Mar. 31, 2024 293                                          
Net (loss) income 184   (38)   (38)     73   (16)     (11)     0 [19]     176      
Other comprehensive loss (99)   (34)       (34) [18]     (14)     (10)           (41)      
Comprehensive income (loss) 85   (72)   (38)   (34) [18] 73   (30)     (21)     0 [19]     135      
Unit issuance [20] 3   3 3                                    
Partnership distributions [21] (394)   (187)   (187)     (74)   (78)     (53)     (2) [19]            
Partnership preferred distributions [21] (17)   (10)   (10)         (4)     (3)                  
Capital provided to non-controlling interest (732)                                   (732)      
Subsidiary distributions to non-controlling interest (849)                                   (849)      
Other items [20],[22] (610)   2 1   1       1           (1) [19]     (612)      
Balance as at Jun. 30, 2024 30,109   $ 4,898 $ 6,204 $ (3,622) $ 1,698 $ 618 [18] $ 27 $ 4 $ 2,011 $ 2,628 $ 253 $ 1,411 $ 2,513 $ 178 $ 66 [19] $ 390 $ 9 $ 20,485   $ 918  
Perpetual subordinated notes $ 293                                     $ 293    
[1] Refer to Note 18, Accumulated Other Comprehensive Income (Loss).
[2] Includes non-controlling interest attributable to Exchange LP units and BIPC exchangeable LP units.
[3] Refer to Note 17, Distributions.
[4] Refer to Note 6, Acquisition of Businesses.
[5] Refer to Note 5, Disposition of Businesses.
[6] Refer to Note 16, Partnership Capital.
[7] Refer to Note 18, Accumulated Other Comprehensive Income (Loss)
[8] Includes non-controlling interest attributable to Exchange LP units and BIPC exchangeable LP units.
[9] Refer to Note 18, Accumulated Other Comprehensive Income (Loss).
[10] Includes non-controlling interest attributable to Exchange LP units and BIPC exchangeable LP units.
[11] Refer to Note 16, Partnership Capital.
[12] Refer to Note 17, Distributions.
[13] Refer to Note 6, Acquisition of Businesses.
[14] Refer to Note 5, Disposition of Businesses.
[15] Refer to Note 16, Partnership Capital.
[16] Refer to Note 17, Distributions.
[17] Principally comprised of the deconsolidation of our non-controlling interest in our Peruvian toll road operation. Refer to Note 19, Related Party Transactions.
[18] Refer to Note 18, Accumulated Other Comprehensive Income (Loss).
[19] Includes non-controlling interest attributable to Exchange LP units and BIPC exchangeable LP units.
[20] Refer to Note 16, Partnership Capital.
[21] Refer to Note 17, Distributions.
[22] Principally comprised of the deconsolidation of our non-controlling interest in our Peruvian toll road operation. Refer to Note 19, Related Party Transactions.