Brookfield Infrastructure Partners L.P. (BIP)

BIP Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	337	449	57	102	101	556
Depreciation & Amortization	4,139	4,024	3,644	2,739	2,158	2,036
Loss (Gain) on Equity Investments	487	485	-156	323	563	69
Other Operating Activities	1,506	1,421	1,334	1,552	1,213	635
Change in Accounts Receivable	-	-	-	-	-445	-190
Change in Accounts Payable	-131	-131	-213	-167	-342	-323
Change in Other Net Operating Assets	-342	-277	-13	-471	-117	-11
Operating Cash Flow	5,996	5,971	4,653	4,078	3,131	2,772
Operating Cash Flow Growth	28.12%	28.33%	14.10%	30.25%	12.95%	9.56%
Capital Expenditures	-7,267	-6,024	-4,975	-2,487	-2,775	-2,067
Sale of Property, Plant & Equipment	330	321	609	162	41	85
Cash Acquisitions	-10,032	-10,032	-2,523	-10,747	-479	-2,923
Divestitures	3,407	2,761	77	602	198	3,284
Investment in Securities	334	534	-	200	-528	429
Other Investing Activities	-323	-221	-89	-720	178	19
Investing Cash Flow	-13,551	-12,661	-6,901	-12,990	-3,365	-1,173
Short-Term Debt Issued	-	-	-	525	33	431
Long-Term Debt Issued	-	19,374	27,612	20,536	13,105	22,682
Total Debt Issued	19,885	19,374	27,612	21,061	13,138	23,113
Short-Term Debt Repaid	-	-115	-139	-	-	-
Long-Term Debt Repaid	-	-11,568	-19,317	-15,690	-9,754	-21,830
Total Debt Repaid	-11,055	-11,683	-19,456	-15,690	-9,754	-21,830
Net Debt Issued (Repaid)	8,830	7,691	8,156	5,371	3,384	1,283
Issuance of Common Stock	27	-	11	-	13	1,073
Repurchase of Common Stock	-9	-9	-	-13	-	-
Preferred Dividends Paid	-45	-46	-52	-47	-38	-41
Common Dividends Paid	-803	-793	-748	-701	-660	-608
Dividends Paid	-848	-839	-800	-748	-698	-649
Other Financing Activities	760	1,156	-4,755	4,809	-2,409	-2,703
Financing Cash Flow	8,579	7,818	2,612	9,419	56	-995
Foreign Exchange Rate Adjustments	-23	47	-150	71	88	-65
Miscellaneous Cash Flow Adjustments	-6	-45	-	-	-37	-
Net Cash Flow	995	1,130	214	578	-127	539
Free Cash Flow	-1,271	-53	-322	1,591	356	705
Free Cash Flow Growth	-	-	-	346.91%	-49.50%	-33.37%
Free Cash Flow Margin	-5.29%	-0.23%	-1.53%	8.87%	2.47%	6.11%
Free Cash Flow Per Share	-2.77	-0.12	-0.70	3.46	0.78	1.58
Cash Interest Paid	3,561	3,561	3,289	2,132	1,638	1,074
Cash Income Tax Paid	664	664	597	524	364	262
Levered Free Cash Flow	-1,557	-830.75	-755.13	498.88	-1,207	1,768
Unlevered Free Cash Flow	952.75	1,587	1,362	2,062	-47.5	2,686
Change in Working Capital	-473	-408	-226	-638	-904	-524

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q