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GOODWILL (Tables)
 12 Months Ended
Dec. 31, 2019
Intangible Assets [Abstract]  
Disclosure of reconciliation of changes in goodwill
(US$ MILLIONS)
Water and sewage concession agreements
 
Customer relationships
 
Computer software, patents trademarks and proprietary technology (3)
 
Loyalty program
 
Brand (3)
 
Other
 
Value of insurance contracts acquired
 
Total assets
Gross carrying amount:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at January 1, 2018
$
2,153

 
$
730

 
$
172

 
$
163

 
$
—

 
$
142

 
$
—

 
$
3,360

Additions
104

 
2

 
19

 
—

 
—

 
28

 
—

 
153

Acquisitions through business combinations (1)
(31
)
 
489

 
2,025

 
—

 
414

 
14

 
—

 
2,911

Dispositions
(1
)
 
—

 
(7
)
 
—

 
—

 
—

 
—

 
(8
)
Foreign currency translation
(313
)
 
(49
)
 
(26
)
 
(13
)
 
(3
)
 
(11
)
 
—

 
(415
)
Balances at December 31, 2018
$
1,912

 
$
1,172

 
$
2,183

 
$
150

 
$
411

 
$
173

 
$
—

 
$
6,001

Additions
158

 
7

 
20

 
—

 
1

 
45

 
—

 
231

Acquisitions through business combinations (1)
—

 
4,960

 
1,367

 
—

 
—

 
265

 
224

 
6,816

Dispositions
—

 
—

 
(32
)
 
—

 
—

 
—

 
—

 
(32
)
Assets reclassified as held for sale (2)
(27
)
 
(365
)
 
(34
)
 
—

 
—

 
(10
)
 
—

 
(436
)
Foreign currency translation
(75
)
 
(14
)
 
7

 
8

 
(3
)
 
(2
)
 
3

 
(76
)
Balance at December 31, 2019
$
1,968

 
$
5,760

 
$
3,511

 
$
158

 
$
409

 
$
471

 
$
227

 
$
12,504

Accumulated amortization and impairment
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at January 1, 2018
$
(57
)
 
$
(141
)
 
$
(46
)
 
$
(5
)
 
$
—

 
$
(17
)
 
$
—

 
$
(266
)
Amortization expense
(69
)
 
(80
)
 
(75
)
 
(11
)
 
(10
)
 
(4
)
 
—

 
(249
)
Dispositions
1

 
—

 
2

 
—

 
1

 
—

 
—

 
4

Foreign currency translation
6

 
18

 
8

 
1

 
—

 
—

 
—

 
33

Balance at December 31, 2018
$
(119
)
 
$
(203
)
 
$
(111
)
 
$
(15
)
 
$
(9
)
 
$
(21
)
 
$
—

 
$
(478
)
Amortization expense
(62
)
 
(288
)
 
(196
)
 
(10
)
 
(3
)
 
(22
)
 
(1
)
 
(582
)
Dispositions
(1
)
 
—

 
23

 
—

 
—

 
—

 
—

 
22

Assets reclassified as held for sale (2)
6

 
78

 
10

 
—

 
—

 
3

 
—

 
97

Foreign currency translation
5

 
(1
)
 
(8
)
 
(1
)
 
—

 
1

 
—

 
(4
)
Balance at December 31, 2019
$
(171
)
 
$
(414
)
 
$
(282
)
 
$
(26
)
 
$
(12
)
 
$
(39
)
 
$
(1
)
 
$
(945
)
Net book value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2018
$
1,793

 
$
969

 
$
2,072

 
$
135

 
$
402

 
$
152

 
$
—

 
$
5,523

December 31, 2019
$
1,797

 
$
5,346

 
$
3,229

 
$
132

 
$
397

 
$
432

 
$
226

 
$
11,559

____________________________________
(1) 
See Note 3 for additional information.
(2) 
Includes assets that were reclassified as held for sale and subsequently disposed. See Note 8 and Note 9 for additional information.
(3) 
Includes indefinite life intangible assets with a carrying value of $799 million (2018: $297 million) in our infrastructure services and industrials segments.
(US$ MILLIONS)
 
2019
 
2018
Balance at beginning of year
 
$
2,411

 
$
1,554

Acquisitions through business combinations (1)
 
3,444

 
957

Impairment losses
 
(418
)
 
—

Dispositions
 
(21
)
 
—

Assets reclassified as held for sale (2)
 
(212
)
 
—

Foreign currency translation
 
14

 
(100
)
Balance at end of year
 
$
5,218

 
$
2,411

____________________________________
(1) 
See Note 3 for additional information.
(2) 
Includes assets that were reclassified as held for sale and subsequently disposed. See Note 8 and Note 9 for additional information.
Disclosure of goodwill allocated by segments
Goodwill is allocated to the following segments as at December 31, 2019 and 2018:
(US$ MILLIONS)
 
2019
 
2018
Business services
 
2,514

 
1,306

Infrastructure services
 
470

 
760

Industrials
 
2,234

 
345

Total
 
$
5,218

 
$
2,411