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INTANGIBLE ASSETS
6 Months Ended
Jun. 30, 2026
Intangible Assets [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
As of
US$ MILLIONSJune 30, 2026December 31, 2025
Cost$19,363 $19,935 
Accumulated amortization(4,671)(4,170)
Total$14,692 $15,765 
Intangible assets are allocated to the following cash generating units, or group of cash generating units:
As of
US$ MILLIONSJune 30, 2026December 31, 2025
North American residential infrastructure operation$2,852 $2,985 
Brazilian regulated gas transmission operation2,661 2,510 
Canadian diversified midstream operation1,485 1,624 
North American rail operations1,320 1,381 
Brazilian electricity transmission operation1,273 1,152 
European residential infrastructure business1,250 1,295 
Indian telecom tower operation1,023 1,103 
U.S. bulk fiber network717 1,516 
Global intermodal logistics operation560 570 
U.K. wireless infrastructure operation560 585 
North American retail colocation data center operation411 454 
Other(1)
580 590 
Total$14,692 $15,765 

1.Other intangibles are primarily comprised of customer contracts at our Canadian natural gas gathering and processing operation, Colombian natural gas distribution operation, natural gas operation in India and contracted order book at our U.K. regulated distribution operation.
The following table presents the change in the cost balance of intangible assets:
US$ MILLIONSFor the six-month period
ended June 30, 2026
For the 12-month period ended December 31, 2025
Cost at beginning of the period$19,935 $17,739 
Additions through business combinations 2,941 
Additions, net of disposals132 287 
Assets reclassified as held for sale (1,738)
Assets held by subsidiaries disposed during the period(912)(310)
Non-cash additions153 50 
Foreign currency translation55 966 
Ending Balance$19,363 $19,935 
The following table presents the accumulated amortization for Brookfield Infrastructure’s intangible assets:
US$ MILLIONSFor the six-month period
ended June 30, 2026
For the 12-month period ended December 31, 2025
Accumulated amortization at beginning of the period$(4,170)$(3,218)
Assets held by subsidiaries disposed during the period26 19 
Non-cash additions, net of disposals7 45 
Amortization(497)(910)
Disposals 24 
Impairment loss(36)— 
Held for sale 130 
Foreign currency translation(1)(260)
Ending Balance$(4,671)$(4,170)