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FINANCIAL RISK MANAGEMENT - Capital Structure (Details) - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
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Financial Instruments [Abstract] |  |  |  |
Non-recourse borrowings | $ 12,028 | $ 4,577 |  |
Cash and cash equivalents | (539) | (445) |  |
Net debt | 11,489 | 4,132 |  |
Exchangeable and class B shares | 4,153 | 3,426 |  |
Loans payable to Brookfield Infrastructure | 26 | 26 |  |
Total equity | 4,068 | (361) | $ (1,424) | $ (572)
Total capital and net debt | $ 19,736 | $ 7,223 |  |
Net debt to capitalization ratio | 58.00% | 57.00% |  |

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