INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2021

Intangible Assets [Abstract]

Disclosure of detailed information about intangible assets

Intangible assets by class	Useful life (in years)
Trademarks	Indefinite
Other	4 to 7

The following table presents the components of the partnership’s intangible assets as of December 31, 2021 and December 31, 2020:

(US$ Millions)	Dec. 31, 2021		Dec. 31, 2020
Cost	$	1,012	$	1,016
Accumulated amortization	(48)		(34)
Balance, end of year	$	964	$	982

The following table presents a roll forward of the partnership’s intangible assets December 31, 2021 and December 31, 2020:

(US$ Millions)	Dec. 31, 2021		Dec. 31, 2020
Balance, beginning of year	$	982	$	1,162
Acquisitions	6		6
Amortization	(14)		(12)
Impairment losses	—		(18)
Foreign currency translation	(10)		30
Impact of deconsolidation due to loss of control and other(1)	—		(186)
Balance, end of year	$	964	$	982

(1)The prior year includes the impact of deconsolidation of Atlantis. See Note 8, Property, Plant And Equipment.