Noncontrolling Interests (Notes)

12 Months Ended

Dec. 31, 2015

Noncontrolling Interest [Line Items]

Noncontrolling Interests [Text Block]

Noncontrolling Interests

Included in noncontrolling interests on the Consolidated Balance Sheets are preferred securities of subsidiaries of $58 million as of December 31, 2015 and 2014, consisting of $56 million of 8.061% cumulative preferred securities of Northern Electric plc., a subsidiary of Northern Powergrid, which are redeemable in the event of the revocation of Northern Electric plc.'s electricity distribution license by the Secretary of State, and $2 million of nonredeemable preferred stock at PacifiCorp.

In 2013, PacifiCorp redeemed and canceled all outstanding shares of its redeemable preferred stock at stated redemption prices, which in aggregate totaled $40 million, plus accrued and unpaid dividends, and MidAmerican Energy redeemed and canceled all outstanding shares of each series of its preferred securities at the stated redemption prices, which in aggregate totaled $28 million including accrued dividends.

MidAmerican Funding, LLC and Subsidiaries [Domain]

Noncontrolling Interest [Line Items]

Other, Net [Text Block]

Other Income and (Expense) - Other, Net

Other, net, as shown on the Consolidated Statements of Operations, includes the following other income (expense) items for the years ended December 31 (in millions):

	2015		2014		2013
Corporate-owned life insurance income	$	4	$	8	$	15
Gains on sales of assets and other investments	13		—		1
Leverage leases	1		5		2
Other, net	1		5		4
Total	$	19	$	18	$	22

MidAmerican Funding recognized a $13 million pre-tax gain on the sale of an investment in a generating facility lease in 2015.

Noncontrolling Interests [Text Block]

Noncontrolling Interests

Refer to Note 16 of MidAmerican Energy's Notes to Financial Statements for a discussion of MidAmerican Energy's preferred securities, which were MidAmerican Funding's noncontrolling interest at the time of their redemption.