BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2021

Borrowings [abstract]

Disclosure of detailed information about borrowings

Principal repayments on total borrowings due over the next five years and thereafter are as follows:

(US$ MILLIONS)	Business services		Infrastructure services		Industrials		Corporate and other		Total borrowings
2022	$	1,067	$	848	$	189	$	—	$	2,104
2023	344		804		728		—		1,876
2024	1,212		769		542		—		2,523
2025	139		3,187		901		—		4,227
2026	94		288		7,410		1,619		9,411
Thereafter	1,051		3,426		5,017		—		9,494
Total - Principal repayments	$	3,907	$	9,322	$	14,787	$	1,619	$	29,635
Total - Deferred financing costs and other	$	(35)	$	(223)	$	(301)	$	—	$	(559)
Total - December 31, 2021	$	3,872	$	9,099	$	14,486	$	1,619	$	29,076
Total - December 31, 2020	$	3,389	$	5,904	$	13,873	$	610	$	23,776

The weighted average interest rates and terms of non-recourse subsidiary borrowings are as follows:

	Weighted average rate				Weighted average term (years)		Consolidated
(US$ MILLIONS, except as noted)	2021		2020		2021	2020	2021		2020
Business services	5.7	%	5.9	%	5.5	3.7	$	3,872	$	3,389
Infrastructure services	4.2	%	4.0	%	4.7	4.3	9,099		5,904
Industrials	5.3	%	5.3	%	5.2	5.7	14,486		13,873
Total	4.9	%	5.0	%	5.0	5.0	$	27,457	$	23,166

    Non-recourse borrowings in subsidiaries of the partnership by currency are as follows:

(US$ MILLIONS, except as noted)	December 31, 2021		Local currency	December 31, 2020		Local currency
U.S. dollars	$	15,037	15,037	$	15,305	15,305
Euros	7,569		6,672	3,466		2,820
Brazilian reais	1,638		9,138	1,475		7,667
Australian dollars	985		1,357	994		1,292
Indian rupees	760		56,728	967		70,614
Canadian dollars	1,443		1,824	923		1,175
Other	25		195	36		144
Total	$	27,457		$	23,166