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ACCOUNTS PAYABLE AND OTHER
 12 Months Ended
Dec. 31, 2024
Subclassifications of assets, liabilities and equities [abstract]  
ACCOUNTS PAYABLE AND OTHER ACCOUNTS PAYABLE AND OTHER
US$ MILLIONSNote20242023
Current:   
Accounts payable $2,154 $2,253 
Accrued liabilities 1,808 1,726 
Deferred revenue(i)581 490 
Lease liabilities610 429 
Provisions(1)
 233 159 
Loans and notes payable109 96 
Other liabilities263 249 
Total current $5,758 $5,402 
Non-current:   
Lease liabilities$4,508 $3,197 
Deferred revenue(i)425 462 
Accrued liabilities213 192 
Provisions(1)
 573 458 
Pension liabilities 26 36 
Loans and notes payable33 37 
Other liabilities 431 371 
Total non-current $6,209 $4,753 
(1)Provisions primarily relate to decommissioning and site restoration liabilities at our Canadian natural gas gathering and processing operation and our Indian telecom tower operation.

Brookfield Infrastructure’s exposure to currency and liquidity risk related to trade and other payables is disclosed in Note 36, Financial Risk Management.

(i)Deferred revenue
Deferred revenue relates primarily to cash contributions from third parties for future natural gas and electricity connections at our U.K. regulated distribution operation, advance customer payments for container leases at our global intermodal logistics operation, to build or upgrade existing network capabilities at our Australian rail operation, for future servicing of customer contracts and protection plans at our North American and European residential decarbonization infrastructure operation, for future servicing of our customers contracts at our U.S. colocation data center operation and to build or upgrade existing networks at our U.K. wireless infrastructure operation. The deferred revenue is recorded on receipt of cash payments and recognized as revenue as services are rendered over the life of the connections arrangements, container lease agreements, contracted track access, contract plans or networks.