INVESTMENTS IN ASSOCIATES (Tables)

12 Months Ended

Dec. 31, 2024

Interests In Other Entities [Abstract]

The following table represents the change in balance of investments in associates:


	For the year ended
US$ MILLIONS	Dec. 31, 2024		Dec. 31, 2023
Balance at the beginning of the period	$	—	$	428
Acquisitions	—		—
Share of (losses) earnings for the year	—		(20)
Foreign currency translation & other	—		25
Share of other comprehensive (loss) income	—		(27)
Distributions	—		(3)
Disposition of interest	—		(403)
Ending Balance	$	—	$	—

Disclosure of associates

The following tables present the gross amounts of revenue, net income, other comprehensive income from our company’s investments in associates for the year ended December 31, 2023:


	Year ended December 31, 2023
	Total								Net income attributable to the Partnership(1)
US$ MILLIONS	Revenue		Net Income		OCI		Total Comprehensive Income
Australian regulated utility	$	1,008	$	99	$	(375)	$	(276)	$	(20)
Total	$	1,008	$	99	$	(375)	$	(276)	$	(20)

(1)Our company’s share of net income for the year ended December 31, 2023 includes $28 million of accumulated currency translation losses which were reclassified from accumulated other comprehensive income to the consolidated statement of operating results on disposition of our company’s interest in AusNet.

The following tables present the cash flow activities of our company’s investments in associates for the year ended December 31, 2023:


	Year ended December 31, 2023
	Total								Attributable to
US$ MILLIONS	Operating		Investing		Financing		Total Cash Flows		Other Ownership Interests		Brookfield Infrastructure Partners LP
Australian regulated utility	$	380	$	(395)	$	1	$	(14)	$	(13)	$	(1)
Total	$	380	$	(395)	$	1	$	(14)	$	(13)	$	(1)