The following tables present summarized accounts for non-wholly owned subsidiaries on the Consolidated Statements of Financial Position:


	As of December 31, 2025
US$ MILLIONS	Current Assets		Non-Current Assets		Current Liabilities		Non-Current Liabilities		Non-Controlling Interest		Equity in Net Assets Attributable to the partnership
Brazilian regulated gas transmission operation	$	652	$	3,157	$	707	$	3,950	$	(489)	$	(359)
U.K. regulated distribution operation	322		7,046		610		4,503		443		1,812
Global intermodal logistics operation	394		10,876		1,072		5,899		3,350		949
Total	$	1,368	$	21,079	$	2,389	$	14,352	$	3,304	$	2,402


	As of December 31, 2024
US$ MILLIONS	Current Assets		Non-Current Assets		Current Liabilities		Non-Current Liabilities		Non-Controlling Interest in Affiliates		Equity in Net Assets Attributable to the partnership
Brazilian regulated gas transmission operation(1)	$	871	$	2,936	$	745	$	3,779	$	(402)	$	(315)
U.K. regulated distribution operation	265		5,882		561		3,725		365		1,496
Global intermodal logistics operation	2,346		10,005		1,565		6,213		3,512		1,061
Total	$	3,482	$	18,823	$	2,871	$	13,717	$	3,475	$	2,242

(1)During the year ended December 31, 2024, our Brazilian regulated distribution operation completed a dividend recapitalization of $1.7 billion.

The following tables present summarized accounts for non-wholly owned subsidiaries on the Consolidated Statements of Operating Results:


	Year ended December 31, 2025
			Attributable to non-controlling interest				Attributable to the partnership
US$ MILLIONS	Revenue		Net Income		Other Comprehensive Income (loss)		Net Income		Other Comprehensive Income (loss)
Brazilian regulated gas transmission operation	$	1,430	$	289	$	(48)	$	120	$	(28)
U.K. regulated distribution operation	864		29		59		116		236
Global intermodal logistics operation	1,374		623		(36)		207		(13)
Total	$	3,668	$	941	$	(25)	$	443	$	195


	Year ended December 31, 2024
			Attributable to non-controlling interest				Attributable to the partnership
US$ MILLIONS	Revenue		Net Income		Other Comprehensive Income (loss)		Net Income		Other Comprehensive Income (loss)
Brazilian regulated gas transmission operation	$	1,357	$	318	$	102	$	135	$	59
U.K. regulated distribution operation	741		20		11		78		45
Global intermodal logistics operation	1,568		342		9		108		4
Total	$	3,666	$	680	$	122	$	321	$	108


	Year ended December 31, 2023
			Attributable to non-controlling interest				Attributable to the partnership
US$ MILLIONS	Revenue		Net Income		Other Comprehensive Loss		Net Income		Other Comprehensive Loss
Brazilian regulated gas transmission operation	$	1,483	$	455	$	44	$	202	$	19
U.K. regulated distribution operation	635		19		38		78		154
Global intermodal logistics operation	385		56		(33)		22		(13)
Total	$	2,503	$	530	$	49	$	302	$	160

The following tables present summarized accounts for non-wholly owned subsidiaries on the Consolidated Statements of Cash Flows:


	Cash Flow Activities
	Year ended December 31, 2025						Year ended December 31, 2024
US$ MILLIONS	Operating		Investing		Financing		Operating		Investing		Financing
Brazilian regulated gas transmission operation	$	510	$	(26)	$	(764)	$	585	$	(178)	$	(158)
U.K. regulated distribution operation	341		(632)		294		282		(439)		113
Global intermodal logistics operation	1,004		33		(1,055)		1,133		(600)		(532)
Total	$	1,855	$	(625)	$	(1,525)	$	2,000	$	(1,217)	$	(577)


	Cash Flow Activities
	Year ended December 31, 2023
US$ MILLIONS	Operating		Investing		Financing
Brazilian regulated gas transmission operation	$	739	$	(36)	$	(742)
U.K. regulated distribution operation	226		(487)		309
Global intermodal logistics operation	327		(3,048)		2,828
Total	$	1,292	$	(3,571)	$	2,395