XML 31 R7.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF PARTNERSHIP CAPITAL - USD ($)
$ in Millions
Total
(Deficit)
Non-controlling interest— BIPC exchangeable shares and class A.2 exchangeable shares
Non-controlling Interest - Exchange LP Units, equity
Non-controlling interest— in operating subsidiaries
Non-controlling interest – Perpetual subordinated notes
Preferred Unitholders Capital
Limited Partner
Limited Partner
Partners' capital
Limited Partner
(Deficit)
Limited Partner
Ownership Changes
Limited Partner
Accumulated Other Comprehensive Income
General Partner
General Partner
Accumulated Other Comprehensive Income
Non-controlling Interest - Redeemable Partnership Units
Non-controlling Interest - Redeemable Partnership Units
Partners' capital
Non-controlling Interest - Redeemable Partnership Units
Accumulated Other Comprehensive Income
Beginning balance at Dec. 31, 2021 $ 26,391   $ 1,369 $ 85 [1] $ 15,658 $ 0 [2] $ 1,138 $ 5,702 $ 6,074 $ (2,125) $ 1,430 $ 323 [3] $ 31   $ 2,408 $ 2,728  
Increase (Decrease) in Partners' Capital [Roll Forward]                                  
Net income 1,375   24   968     101   101     240   42    
Other comprehensive income (loss) 148   60 2 [1] (258)     237       237 [3]     107    
Comprehensive income 1,523   84 2 [1] 710     338   101   237 [3] 240   149    
Unit of issuance [2] 13             13 13                
Partnership distributions [4] (1,352)   (160) (11) [1]       (660)   (660)     (244)   (277)    
Partnership preferred distributions (66) [4]   (9) [4]       (50) (38) [4]   (38) [4]         (19) [4]    
Disposition of subsidiaries [5] (494)       (494)                        
Subsidiary distributions to non-controlling interest (751)       (751)                        
Preferred units redeemed [2] (243)           (220) (14)   (14)         (9)    
Preferred unit issuance [2] 293         293                      
Other items [2],[3] 240   5 (4) [1] 197     31 5 79 26 (79)     11    
Ending balance at Dec. 31, 2022 25,554   1,289 72 [1],[6] 15,320 293 [2] 918 5,372 6,092 (2,657) 1,456 481 [3] 27 $ 2 2,263 2,728 $ 210
Increase (Decrease) in Partners' Capital [Roll Forward]                                  
Net income 1,448   21 2 [6] 1,016     102   102     265   42    
Other comprehensive income (loss) 879   62 3 [6] 503     219       219 [7] 2 2 90   90
Comprehensive income 2,327   83 5 [6] 1,519     321   102   219 [7] 267   132    
Unit of issuance 763 [8],[9]   751 [8],[9]         12 [8],[9] 12 [8],[9]         0     (14)
Unit repurchases [8] (25) $ (13)           (25) (12)                
Partnership distributions [10] (1,453)   (176) (9) [6]       (701)   (701)     (269)   (298)    
Partnership preferred distributions (63) [10]   (9) [10]       (47) (38) [10]   (38) [10]         (16) [10]    
Acquisition of subsidiaries [9] 9,522       9,522                        
Disposition of subsidiaries [11] (372)       (372)                        
Subsidiary distributions to non-controlling interest (2,247)       (2,247)                        
Other items [7],[8] 10   (405) 4 [6] (81)     380 104 61 239 (24) 3   109    
Ending balance at Dec. 31, 2023 34,016   1,533 72 [6],[12] 23,661 [13] 293 918 5,321 6,196 (3,246) 1,695 676 [14] 28 4 2,190 2,628 277
Increase (Decrease) in Partners' Capital [Roll Forward]                                  
Net income 1,683   16 1 [12] 1,292 [13]     57   57     294   23    
Other comprehensive income (loss) 261   28 1 [12] 87 [13]     102       102 [14] 1 1 42   42
Comprehensive income 1,944   44 2 [12] 1,379 [13]     159   57   102 [14] 295   65    
Unit of issuance [15] 11             11 11                
Partnership distributions [16] (1,576)   (212) (8) [12]       (748)   (748)     (296)   (312)    
Partnership preferred distributions (68) [16]   (12) [16]       (52) (40) [16]   (40) [16]         (16) [16]    
Acquisition of subsidiaries [17] 493       493 [13]                        
Capital provided to non-controlling interest (2,425)       (2,425) [13]                        
Subsidiary distributions to non-controlling interest (1,924)       (1,924) [13]                        
Other items [14],[15],[18] (618)   2 (4) [12] (616) [13]     1 3 (5) 3       (1)    
Ending balance at Dec. 31, 2024 $ 29,853   $ 1,355 $ 62 [12] $ 20,568 [13] $ 293 $ 918 $ 4,704 $ 6,210 $ (3,982) $ 1,698 $ 778 [14] $ 27 $ 5 $ 1,926 $ 2,628 $ 319
[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.
[2] Refer to Note 28, Partnership Capital.
[3] Refer to Note 29, Accumulated Other Comprehensive Income (Loss).
[4] Refer to Note 30, Distributions.
[5] Refer to Note 7, Acquisition of Businesses
[6] 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.
[7] Refer to Note 29, Accumulated Other Comprehensive Income (Loss).
[8] Refer to Note 28, Partnership Capital.
[9] Refer to Note 7, Acquisition of Businesses
[10] Refer to Note 30, Distributions.
[11] Refer to Note 5, Disposition of Businesses.
[12] 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.
[13] $1.7 billion of capital contributed by non-controlling shareholders in our Indian telecom tower operation has been excluded from partnership capital, interest of others in operating subsidiaries, and classified as a liability.
[14] Refer to Note 29, Accumulated Other Comprehensive Income (Loss).
[15] Refer to Note 28, Partnership Capital.
[16] Refer to Note 30, Distributions.
[17] Refer to Note 7, Acquisition of Businesses.
[18] Principally comprised of the deconsolidation of our non-controlling interest in our Peruvian toll road operation. Refer to Note 34, Related Party Transactions.