v3.26.1
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2026
Operating Segments [Abstract]  
Summary of financial information by segment
Total attributable to Brookfield Infrastructure
FOR THE THREE-MONTH PERIOD ENDED
JUNE 30, 2026
US$ MILLIONS		UtilitiesTransportMidstreamDataCorporateTotalContribution
from
investments
in associates		Attributable to non-controlling
interest
As per IFRS
financials(1)
Revenues$742 $652 $477 $346 $— $2,217 $(574)$4,839 $6,482 
Costs attributed to revenues(2)
(405)(230)(208)(118)— (961)196 (3,032)(3,797)
General and administrative expenses— — — — (114)(114)— — (114)
Other (expense) income (27)(8)(3)4 35 1 2 (68)(65)
Interest expense(114)(103)(83)(78)(63)(441)99 (731)(1,073)
FFO196 311 183 154 (142)702 
Depreciation and amortization expense(464)136 (767)(1,095)
Deferred taxes(25)(3)(7)(35)
Mark-to-market and other(169)122 200 153 
Share of earnings from associates— 22 11 33 
Net income attributable to non-controlling interest— — (445)(445)
Net income attributable to partnership(3)
$44 $— $— $44 
Total attributable to Brookfield Infrastructure
FOR THE THREE-MONTH PERIOD ENDED
JUNE 30, 2025
US$ MILLIONS		UtilitiesTransportMidstreamDataCorporateTotalContribution
from
investments
in associates		Attributable to non-controlling
interest
As per IFRS
financials(1)
Revenues$676 $618 $385 $266 $— $1,945 $(478)$3,962 $5,429 
Costs attributed to revenues(2)
(358)(210)(146)(85)— (799)132 (2,387)(3,054)
General and administrative expenses— — — — (108)(108)— — (108)
Other (expense) income(28)(11)(4)6 51 14 7 (130)(109)
Interest expense(103)(93)(78)(74)(66)(414)91 (586)(909)
FFO187 304 157 113 (123)638 
Depreciation and amortization expense(421)114 (634)(941)
Deferred taxes29 (19)34 44 
Mark-to-market and other(177)177 (88)(88)
Share of (losses) earnings from associates— (24)12 (12)
Net income attributable to non-controlling interest— — (183)(183)
Net income attributable to partnership(3)
$69 $— $— $69 
Total attributable to Brookfield Infrastructure
FOR THE SIX-MONTH PERIOD ENDED
JUNE 30, 2026
US$ MILLIONS		UtilitiesTransportMidstreamDataCorporateTotalContribution
from
investments
in associates		Attributable to non-controlling
interest
As per IFRS
financials(1)
Revenues$1,484 $1,281 $972 $697 $— $4,434 $(1,079)$9,428 $12,783 
Costs attributed to revenues(2)
(812)(473)(421)(240)— (1,946)396 (5,777)(7,327)
General and administrative expenses— — — — (223)(223)— — (223)
Other (expense) income (50)(11)(10)11 90 30 (3)(150)(123)
Interest expense(225)(203)(168)(165)(123)(884)192 (1,428)(2,120)
FFO397 594 373 303 (256)1,411 
Depreciation and amortization expense(920)250 (1,500)(2,170)
Deferred taxes(6)(13)35 16 
Mark-to-market and other(502)253 58 (191)
Share of losses from associates— 4 (12)(8)
Net income attributable to non-controlling interest— — (654)(654)
Net loss attributable to partnership(3)
$(17)$— $— $(17)
Total attributable to Brookfield Infrastructure
FOR THE SIX-MONTH PERIOD ENDED
JUNE 30, 2025
US$ MILLIONS		UtilitiesTransportMidstreamDataCorporateTotalContribution
from
investments
in associates		Attributable to non-controlling
interest
As per IFRS
financials(1)
Revenues$1,360 $1,199 $810 $512 $— $3,881 $(946)$7,886 $10,821 
Costs attributed to revenues(2)
(718)(396)(307)(165)— (1,586)257 (4,729)(6,058)
General and administrative expenses— — — — (205)(205)— — (205)
Other (expense) income(62)(17)(12)12 108 29 17 (228)(182)
Interest expense(201)(194)(165)(144)(131)(835)190 (1,163)(1,808)
FFO379 592 326 215 (228)1,284 
Depreciation and amortization expense(846)234 (1,289)(1,901)
Deferred taxes33 (22)71 82 
Mark-to-market and other(277)171 24 (82)
Share of earnings from associates— 99 12 111 
Net income attributable to non-controlling interest— — (584)(584)
Net income attributable to partnership(3)
$194 $— $— $194 
1.The above tables reconcile Brookfield Infrastructure’s share of results to our partnership’s unaudited interim condensed and consolidated statements of operating results on a line by line basis by aggregating the components comprising the earnings from our partnership’s investments in associates and reflecting the portion of each line item attributable to non-controlling interests.
2.Costs attributed to revenues exclude depreciation and amortization expense. Refer to Note 15, Direct Operating Costs, for further details.
3.Includes net income attributable to limited partners, the general partner, non-controlling interests - Redeemable Partnership Units held by Brookfield, non-controlling interests - Exchange LP Units, non-controlling interests - BIPC exchangeable LP units and non-controlling interests - BIPC exchangeable shares and class A.2 exchangeable shares.
The following is an analysis of Brookfield Infrastructure’s assets by reportable operating segment:
Total Attributable to Brookfield Infrastructure
AS OF JUNE 30, 2026
US$ MILLIONS		UtilitiesTransportMidstreamDataCorporateTotalContribution
from
investments
in associates		Attributable
to non-
controlling
interest		Working
capital
adjustment
and other
As per
IFRS
financials(1)
Total assets$9,651 $11,596 $9,714 $13,282 $(2,635)$41,608 $(10,471)$80,078 $10,733 $121,948 

Total Attributable to Brookfield Infrastructure
AS OF DECEMBER 31, 2025 US$ MILLIONSUtilitiesTransportMidstreamDataCorporateTotalContribution
from
investments
in associates		Attributable
to non-
controlling
interest		Working
capital
adjustment
and other
As per
IFRS
financials(1)
Total assets$9,900 $11,582 $10,275 $13,622 $(3,174)$42,205 $(10,104)$84,434 $11,615 $128,150 
1.The above table provides each segment’s assets in the format that management organizes its reporting segments to make operating decisions and assess performance. Each segment is presented based on our partnership’s share of total assets, taking into account Brookfield Infrastructure’s ownership in operations using consolidation and the equity method whereby our partnership either controls or exercises significant influence over the investment, respectively. The above table reconciles Brookfield Infrastructure’s share of total assets to total assets presented on our partnership’s Consolidated Statements of Financial Position by removing net liabilities contained within investments in associates and joint ventures and reflecting the assets attributable to non-controlling interests, and adjusting for working capital assets which are netted against working capital liabilities.
The following table represents the carrying value of our partnership’s investments in associates and joint ventures:
As of
US$ MILLIONSJune 30, 2026December 31, 2025
Utilities$286 $295 
Transport3,307 3,349 
Midstream212 219 
Data3,114 2,505 
Corporate 41 9 
Ending Balance$6,960 $6,377