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DISTRIBUTIONS DISTRIBUTIONS (Details) - USD ($) $ / shares in Units, $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2026 | Jun. 30, 2025 | Jun. 30, 2026 | Jun. 30, 2025
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Partnership distributions | $ 447 | [1] | $ 420 | [2] | $ 894 | [3] | $ 841 | [4]
Preferred unitholders | 14 | [1] | 16 | [2] | 28 | [3] | 32 | [4]
Total Distributions | $ 461 |  | $ 436 |  | $ 922 |  | $ 873 |
Preferred unitholders (usd per share) | $ 310,000 |  | $ 0.29 |  | $ 620,000 |  | $ 0.57 |
BIPC exchangeable shares and class A.2 exchangeable shares |  |  |  |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Partnership distributions | $ 62 |  | $ 57 |  | $ 123 |  | $ 114 |
Dividends recognised as distributions to owners per share (in dollars per share) | $ 460,000 |  | $ 0.43 |  | $ 910,000 |  | $ 0.86 |
Exchangeable units |  |  |  |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Partnership distributions | $ 3 |  | $ 2 |  | $ 5 |  | $ 4 |
Dividends recognised as distributions to owners per share (in dollars per share) | $ 460,000 |  | $ 0.43 |  | $ 910,000 |  | $ 0.86 |
Preferred unitholders capital |  |  |  |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Preferred unitholders | $ 10 |  | $ 12 |  | $ 20 |  | $ 24 |
Perpetual subordinated notes |  |  |  |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Partnership distributions | $ 4 |  | $ 4 |  | $ 8 |  | $ 8 |
Dividends recognised as distributions to owners per share (in dollars per share) | $ 320,000 |  | $ 0.32 |  | $ 640,000 |  | $ 0.64 |
Limited Partners |  |  |  |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Partnership distributions | $ 208 |  | $ 198 |  | $ 417 |  | $ 397 |
Dividends recognised as distributions to owners per share (in dollars per share) | $ 460,000 |  | $ 0.43 |  | $ 910,000 |  | $ 0.86 |
General partner |  |  |  |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Partnership distributions | $ 88 | [1] | $ 81 | [2] | $ 176 | [3] | $ 162 | [4]
Redeemable Partnership Units held by Brookfield |  |  |  |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Partnership distributions | $ 86 |  | $ 82 |  | $ 173 |  | $ 164 |
Dividends recognised as distributions to owners per share (in dollars per share) | $ 460,000 |  | $ 0.43 |  | $ 910,000 |  | $ 0.86 |
General partner |  |  |  |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |  |  |  |
Dividends recognised as incentive distributions to owners | $ 87 |  | $ 80 |  | $ 174 |  | $ 160 |
[1] | Refer to Note 17, Distributions.
[2] | Refer to Note 17, Distributions.
[3] | Refer to Note 17, Distributions.
[4] | Refer to Note 17, Distributions. 4.Refer to Note 6, Acquisition of Businesses.

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