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BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2019
Financial Instruments [Abstract]  
Disclosure of detailed information about borrowings
(US$ MILLIONS)
 
Business services
 
Infrastructure services
 
Industrials
 
Total borrowings
2020
 
$
268

 
$
513

 
$
386

 
$
1,167

2021
 
113

 
346

 
409

 
868

2022
 
522

 
608

 
297

 
1,427

2023
 
135

 
720

 
264

 
1,119

2024
 
1,364

 
484

 
1,099

 
2,947

Thereafter
 
264

 
3,293

 
11,807

 
15,364

Total - Principal repayments
 
$
2,666

 
$
5,964

 
$
14,262

 
$
22,892

Total - Deferred financing costs and other
 
$
(45
)
 
$
(104
)
 
$
(344
)
 
$
(493
)
Total - December 31, 2019
 
$
2,621

 
$
5,860

 
$
13,918

 
$
22,399

Total - December 31, 2018
 
$
1,228

 
$
5,748

 
$
3,890

 
$
10,866

The weighted average interests rates and terms of borrowings are as follows:

 
Weighted average rate
 
Weighted average term
 
Consolidated
 
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
Business services
 
5.8
%
 
5.1
%
 
4.3
 
2.5
 
$
2,621

 
$
1,228

Infrastructure services
 
5.2
%
 
6.2
%
 
5.2
 
6.1
 
5,860

 
5,748

Industrials
 
5.7
%
 
7.3
%
 
6.3
 
6.7
 
13,918

 
$
3,890

Total
 
5.5
%
 
6.5
%
 
5.7
 
5.9
 
$
22,399

 
$
10,866


Borrowings by currency are as follows:
(US$ MILLIONS, except as noted)
 
December 31,
2019
 
Local currency
 
December 31,
2018
 
Local currency
Australian dollars
 
$
1,264

 
1,801

 
$
5

 
7

British pounds
 
10

 
8

 
33

 
26

U.S. dollars
 
15,436

 
15,436

 
8,605

 
8,605

Canadian dollars
 
772

 
1,003

 
786

 
1,073

Euro
 
3,578

 
3,546

 
264

 
231

Brazilian reais
 
1,330

 
5,362

 
1,135

 
4,399

Other
 
9

 
7

 
38

 
175

Total
 
$
22,399

 
 
 
$
10,866