XML 46 R25.htm IDEA: XBRL DOCUMENT
v3.24.1

EQUITY | 12 Months Ended
--- | ---
Dec. 31, 2023
Equity [abstract] |
EQUITY | EQUITY Our company’s equity is comprised of the following shares:
| Class C Shares
| Shares outstanding (Shares) |  | Share capital (US$ Millions)
Balance at January 1, 2022 | 2,103,677 |  |  | $ | 53 |
Share issuance | — |  |  | — |
Balance at December 31, 2022 | 2,103,677 |  |  | $ | 53 |
Share issuance | 9,013,983 |  |  | 339 |
Balance at December 31, 2023 | 11,117,660 |  |  | $ | 392 |
In conjunction with the special distribution, our company issued approximately 69.5 million exchangeable shares, 2 class B shares and 2.1 million class C shares. Due to the exchange feature of the exchangeable shares and the cash redemption feature of the class B and class C shares, the exchangeable shares, the class B shares, and the class C shares are classified as financial liabilities. However, class C shares, the most subordinated of all common shares, meet certain qualifying criteria and are presented as equity instruments given the narrow scope presentation exceptions existing in IAS 32. Refer to Note 13, Financial Liabilities, for further details related to exchangeable and class B shares. In September 2023, our company issued 9 million class C shares to the partnership at $37.64 per share for a total value of $339 million.

X
- Definition The disclosure of issued capital. [Refer: Issued capital] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfIssuedCapitalExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_EquityAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration