v3.26.1
PARTNERSHIP CAPITAL (Tables)
 6 Months Ended
Jun. 30, 2026
Equity [abstract]  
Disclosure of classes of share capital Special General and Limited Partnership Capital
Special General Partner Units
US$ MILLIONS, EXCEPT UNIT INFORMATIONAs of and for the six-month period ended June 30, 2026As of and for the 12-month period ended December 31, 2025
Carrying ValueUnitsCarrying ValueUnits
Opening balance$19 2,400,631 $19 2,400,631 
Ending balance$19 2,400,631 $19 2,400,631 
Limited Partnership Units
US$ MILLIONS, EXCEPT UNIT INFORMATIONAs of and for the six-month period ended June 30, 2026As of and for the 12-month period ended December 31, 2025
Carrying ValueUnitsCarrying ValueUnits
Opening balance$6,199 460,488,788 $6,210 461,855,350 
Unit issuance6 164,207 11 330,047 
Units repurchased and cancelled(40)(2,982,920)(25)(1,877,183)
Conversions— 38,379 3 180,574 
Ending balance$6,165 457,708,454 $6,199 460,488,788 
Non-controlling interest – Redeemable Partnership Units held by Brookfield
US$ MILLIONS, EXCEPT UNIT INFORMATIONAs of and for the six-month period ended June 30, 2026As of and for the 12-month period ended December 31, 2025
Carrying ValueUnitsCarrying ValueUnits
Opening balance$2,628 190,299,956 $2,628 190,299,956 
Ending balance$2,628 190,299,956 $2,628 190,299,956 
Non-controlling interest – BIPC exchangeable shares and class A.2 exchangeable shares
US$ MILLIONS, EXCEPT UNIT INFORMATIONAs of and for the six-month period ended June 30, 2026As of and for the 12-month period ended December 31, 2025
Carrying Value
Shares(1)
Carrying ValueShares
Opening balance$2,554 132,994,956 $2,514 132,051,909 
Share issuance139 2,982,920 38 833,272 
Conversions1 40,299 2 109,775 
Ending balance$2,694 136,018,175 $2,554 132,994,956 
1.Includes 123,005,386 (December 31, 2025: 119,982,167) BIPC exchangeable shares and 13,012,789 (December 31, 2025: 13,012,789) class A.2 exchangeable shares.
Non-controlling interest – Exchangeable Units
US$ MILLIONS, EXCEPT UNIT INFORMATIONAs of and for the six-month period ended June 30, 2026As of and for the 12-month period ended December 31, 2025
Carrying ValueUnitsCarrying ValueUnits
Opening balance$384 5,447,803 $388 5,738,152 
Conversions(1)(78,678)(4)(290,349)
Ending balance(1)
$383 5,369,125 $384 5,447,803 
1.Includes non-controlling interest attributable to Exchange LP unitholders and BIPC exchangeable LP unitholders.
(e) Non-controlling interest - Perpetual Subordinated Notes
Perpetual Subordinated Notes
US$ MILLIONS, EXCEPT UNIT INFORMATIONAs of and for the six-month period ended June 30, 2026As of and for the 12-month period ended December 31, 2025
Opening balance$293 $293 
Ending balance$293 $293 
Preferred Unitholders’ Capital
US$ MILLIONS, EXCEPT UNIT INFORMATIONAs of and for the six-month period ended June 30, 2026As of and for the 12-month period ended December 31, 2025
Carrying ValueUnitsCarrying ValueUnits
Opening balance$729 33,922,785 $918 43,901,312 
Repurchased and cancelled— — (189)(9,978,527)
Ending balance$729 33,922,785 $729 33,922,785