v3.26.1
CONSOLIDATED STATEMENTS OF OPERATING RESULTS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Profit or loss [abstract]      
Revenues $ 3,668 $ 3,666 $ 2,503
Direct operating costs (1,334) (1,378) (778)
General and administrative expenses (80) (75) (67)
Profit (loss) from operating activities 2,254 2,213 1,658
Interest expense (1,155) (1,065) (697)
Share of earnings (losses) from investments in associates 25 0 (20)
Remeasurement of shares classified as financial liability (441) (477) 34
Mark-to-market and foreign currency revaluation 61 (116) 23
Other income (expense) 341 (118) (24)
Income before income tax 1,085 437 974
Income tax (expense) recovery      
Current (379) (356) (348)
Deferred (6) (9) (20)
Net income 700 72 606
Attributable to:      
Brookfield Infrastructure Partners L.P. [1] (241) (608) 111
Non-controlling interests $ 941 $ 680 $ 495
[1] Net income following the Arrangement is attributable to the partnership as a result of the partnership holding all of the class B shares issued by our company. Net income prior to the Arrangement is attributable to the partnership as a result of the partnership holding all of the class C shares issued by BIHC. Please refer to Note 3(b), Material Accounting Policy Information, for further details.