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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Activities      
Net income (loss) $ 27 $ (232) $ 570
Adjusted for the following items:      
Depreciation and amortization expense 236 283 308
Mark-to-market on hedging items and other (77) 110 35
Remeasurement of exchangeable and class B shares 447 511 0
Deferred income tax expense 171 102 97
Changes in non-cash working capital, net 35 (44) 73
Cash from operating activities 839 730 1,083
Investing Activities      
Disposal of subsidiaries, net of cash disposed 817 0 0
Purchase of long-lived assets (417) (416) (455)
Disposal of long-lived assets 2 17 14
Settlement of foreign exchange and other hedging items (76) 0 0
Cash from (used by) investing activities 326 (399) (441)
Financing Activities      
Exchangeable shares issued, net of costs 128 0 0
Distributions to Brookfield Infrastructure Partners L.P. [1] 0 (33) (250)
Distributions to non-controlling interests (425) (436) (525)
Acquisition of partial interest from non-controlling interest (283) 0 0
Proceeds from non-recourse borrowings 377 551 316
Repayment of non-recourse borrowings (211) (380) (55)
Repayment from Brookfield Infrastructure 15 0 0
Repayment to Brookfield Infrastructure (469) (19) 0
Cash used by financing activities (868) (317) (514)
Cash and cash equivalents      
Change during the year 297 14 128
Impact of foreign exchange on cash (20) (26) (23)
Balance, beginning of year 192 204 99
Balance, end of year $ 469 $ 192 $ 204
[1] Represents distributions paid to the partnership prior to March 30, 2020. Please refer to Note 3(b), Basis of Presentation and Significant Accounting Policies, for further details. Subsequent to March 30, 2020, dividends paid on our exchangeable shares are presented as interest expense on the Consolidated Statements of Operating Results.