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INVESTMENT IN ASSOCIATES - Balance Sheet Impact of Investments (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Disclosure of Associates and Joint Ventures [Line Items] |  |  |  |
Current Assets |  | $ 2,804 | $ 1,567 |
Non-Current Assets |  | 21,105 | 8,611 |
Total assets |  | 23,909 | 10,178 |
Current Liabilities |  | 6,359 | 4,633 |
Total liabilities |  | 19,841 | 10,539 |
Net income | [1] | 606 | $ 1,619 | $ 27
Australian Regulated Utility |  |  |  |
Disclosure of Associates and Joint Ventures [Line Items] |  |  |  |
Ownership and voting Interest |  |  | 8.00% |
Current Assets |  |  | $ 211 |
Non-Current Assets |  |  | 13,330 |
Total assets |  |  | 13,541 |
Current Liabilities |  |  | 302 |
Non-Current Liabilities |  |  | 7,716 |
Total liabilities |  |  | 8,018 |
Total Net Assets |  |  | 5,523 |
Net income |  | 99 | 57 |
Australian Regulated Utility | Other Ownership Interests |  |  |  |
Disclosure of Associates and Joint Ventures [Line Items] |  |  |  |
Total Net Assets |  |  | 5,095 |
Australian Regulated Utility | Brookfield Infrastructure Partners LP |  |  |  |
Disclosure of Associates and Joint Ventures [Line Items] |  |  |  |
Total Net Assets |  |  | 428 |
Net income |  | (20) | 4 |
Associates And Joint Ventures |  |  |  |
Disclosure of Associates and Joint Ventures [Line Items] |  |  |  |
Current Assets |  |  | 211 |
Non-Current Assets |  |  | 13,330 |
Total assets |  |  | 13,541 |
Current Liabilities |  |  | 302 |
Non-Current Liabilities |  |  | 7,716 |
Total liabilities |  |  | 8,018 |
Total Net Assets |  |  | 5,523 |
Net income |  | 99 | 57 |
Associates And Joint Ventures | Other Ownership Interests |  |  |  |
Disclosure of Associates and Joint Ventures [Line Items] |  |  |  |
Total Net Assets |  |  | 5,095 |
Associates And Joint Ventures | Brookfield Infrastructure Partners LP |  |  |  |
Disclosure of Associates and Joint Ventures [Line Items] |  |  |  |
Total Net Assets |  |  | 428 |
Net income |  | $ (20) | $ 4 |
[1] | Earnings per share have not been presented in the financial statements, as the underlying shares do not constitute “ordinary shares” under IAS 33, Earnings per share. See Note 3(b), Material Accounting Policy Information, for further details.

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