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CONTRACTS IN PROGRESS
12 Months Ended
Dec. 31, 2017
Construction Contracts [Abstract]  
CONTRACTS IN PROGRESS
CONTRACTS IN PROGRESS
A summary of the partnership's contracts in progress are below:
(US$ MILLIONS)
 
2017
 
2016
 
2015
Contract costs incurred to date
 
$
12,129

 
$
9,761

 
$
7,372

Profit recognized to date (less recognized losses)
 
558

 
498

 
470

 
 
12,687

 
10,259

 
7,842

Less: progress billings
 
(12,919
)
 
(10,189
)
 
(7,883
)
Contract work in progress (liability)
 
$
(232
)
 
$
70

 
$
(41
)
Comprising:
 
 
 
 
 
 
Amounts due from customers — work in progress (current)
 
$
195

 
$
309

 
$
204

Amounts due to customers — creditors (current / non-current)
 
(427
)
 
(239
)
 
(245
)
Net work in progress
 
$
(232
)
 
$
70

 
$
(41
)