- Brookfield Infrastructure Partners LP Limited Partnership Units (BIP)
- Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC)
In 2015 debt was $7.2B ($15.2B five years ago). Cash received from operations at BIP has grown from $632M in 2015 ($1.3B five years ago) to more than $3.1B in the past 12 months. Compared with most companies this level of debt would be considered very high, but remember BIP is a holding company not an operating company. It holds significant assets (other companies) that could be sold. It had about $1.8B in interest charges last year. It generally reports positive free cash flow after all expenses, but admittedly the past few years has seen negative cash flow as investments increased.