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ACCOUNTS PAYABLE AND OTHER (Tables)
12 Months Ended
Dec. 31, 2023
Subclassifications of assets, liabilities and equities [abstract]  
Disclosure of accounts payable and other
As of
US$ MILLIONSDec. 31, 2023Dec. 31, 2022
Current:  
Accounts payable$85 $44 
Accrued & other liabilities759 562 
Deferred revenue(1)
255 175 
Total current$1,099 $781 
Non-current:  
Deferred revenue(1)
$264 $77 
Provisions & other liabilities61 42 
Total non-current$325 $119 
(1)Deferred revenue relates primarily to cash contributions from third parties to build future natural gas and electricity connections at our company’s U.K. regulated distribution operation and advance customer payments for container leases at our global intermodal logistics operation. The deferred revenue is recorded on receipt of cash payments and recognized as revenue as services are rendered over the life of the connections arrangement. Of the deferred revenue outstanding at December 31, 2023, 49% is estimated to be realized during 2024, 28% during 2025, 8% during 2026, and 15% will be realized in more than 3 years.