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Condensed Financial Statements (Notes)
 12 Months Ended
Dec. 31, 2015
Condensed Financial Statements, Captions [Line Items]  
Condensed Financial Statements [Text Block]
Schedule I
Berkshire Hathaway Energy Company
Parent Company Only
Condensed Balance Sheets
As of December 31,
(Amounts in millions)
 
2015
 
2014
ASSETS
Current assets:
 
 
 
Cash and cash equivalents
$
23

 
$
3

Accounts receivable
16

 
22

Income tax receivable
167

 
152

Other current assets
2

 
1

Total current assets
208

 
178

 
 
 
 
Investments in subsidiaries
32,505

 
31,968

Other investments
1,389

 
1,038

Goodwill
1,221

 
1,221

Other assets
1,340

 
1,176

 
 
 
 
Total assets
$
36,663

 
$
35,581

 
 
 
 
LIABILITIES AND EQUITY
Current liabilities:
 
 
 
Accounts payable and other current liabilities
$
306

 
$
308

Short-term debt
253

 
395

Total current liabilities
559

 
703

 
 
 
 
BHE senior debt
7,814

 
7,810

BHE junior subordinated debentures
2,944

 
3,794

Notes payable - affiliate
1,985

 
1,981

Other long-term liabilities
946

 
839

Total liabilities
14,248

 
15,127

 
 
 
 
Equity:
 
 
 
BHE shareholders' equity:
 
 
 
Common stock - 115 shares authorized, no par value, 77 shares issued and outstanding
—

 
—

Additional paid-in capital
6,403

 
6,423

Retained earnings
16,906

 
14,513

Accumulated other comprehensive loss, net
(908
)
 
(494
)
Total BHE shareholders' equity
22,401

 
20,442

Noncontrolling interest
14

 
12

Total equity
22,415

 
20,454

 
 
 
 
Total liabilities and equity
$
36,663

 
$
35,581


The accompanying notes are an integral part of this financial statement schedule.
Schedule I
Berkshire Hathaway Energy Company    
Parent Company Only (continued)
Condensed Statements of Operations
For the years ended December 31,
(Amounts in millions)

 
2015
 
2014
 
2013
 
 
 
 
 
 
Operating costs and expenses:
 
 
 
 
 
General and administration
$
58

 
$
51

 
$
64

Depreciation and amortization
3

 
3

 
1

Total operating costs and expenses
61

 
54

 
65

 
 
 
 
 
 
Operating loss
(61
)
 
(54
)
 
(65
)
 
 
 
 
 
 
Other income (expense):
 
 
 
 
 
Interest expense
(556
)
 
(476
)
 
(347
)
Other, net
14

 
4

 
25

Total other income (expense)
(542
)
 
(472
)
 
(322
)
 
 
 
 
 
 
Loss before income tax benefit and equity income
(603
)
 
(526
)
 
(387
)
Income tax benefit
(330
)
 
(221
)
 
(345
)
Equity income
2,646

 
2,402

 
1,679

Net income
2,373

 
2,097

 
1,637

Net income attributable to noncontrolling interest
3

 
2

 
1

Net income attributable to BHE shareholders
$
2,370

 
$
2,095

 
$
1,636


The accompanying notes are an integral part of this financial statement schedule.
Schedule I
Berkshire Hathaway Energy Company    
Parent Company Only (continued)
Condensed Statements of Comprehensive Income
For the years ended December 31,
(Amounts in millions)

 
2015
 
2014
 
2013
 
 
 
 
 
 
Net income
$
2,373

 
$
2,097

 
$
1,637

Other comprehensive (loss) income, net of tax
(414
)
 
(397
)
 
366

Comprehensive income
1,959

 
1,700

 
2,003

Comprehensive income attributable to noncontrolling interests
3

 
2

 
1

Comprehensive income attributable to BHE shareholders
$
1,956

 
$
1,698

 
$
2,002


The accompanying notes are an integral part of this financial statement schedule.
Schedule I
Berkshire Hathaway Energy Company
Parent Company Only (continued)
Condensed Statements of Cash Flows
For the years ended December 31,
(Amounts in millions)

 
2015
 
2014
 
2013
 
 
 
 
 
 
Cash flows from operating activities
$
2,528

 
$
1,937

 
$
2,295

 
 
 
 
 
 
Cash flows from investing activities:
 
 
 
 
 
Investments in subsidiaries
(1,506
)
 
(4,937
)
 
(6,522
)
Purchases of investments
(36
)
 
(56
)
 
(106
)
Proceeds from sale of investments
47

 
35

 
89

Notes receivable from affiliate, net
19

 
(55
)
 
(37
)
Other, net
(7
)
 
(7
)
 
(16
)
Net cash flows from investing activities
(1,483
)
 
(5,020
)
 
(6,592
)
 
 
 
 
 
 
Cash flows from financing activities:
 
 
 
 
 
Proceeds from BHE senior debt
—

 
1,478

 
1,981

Proceeds from BHE junior subordinated debentures
—

 
1,500

 
2,594

Proceeds from issuance of BHE common stock
—

 
—

 
1,000

Repayments of BHE senior debt
—

 
(250
)
 
—

Repayments of BHE subordinated debt
(850
)
 
(300
)
 
—

Common stock purchases
(36
)
 
—

 
—

Net (repayments of) proceeds from short-term debt
(142
)
 
395

 
(825
)
Notes payable to affiliate, net
4

 
(30
)
 
(173
)
Other, net
(1
)
 
1

 
(1
)
Net cash flows from financing activities
(1,025
)
 
2,794

 
4,576

 
 
 
 
 
 
Net change in cash and cash equivalents
20

 
(289
)
 
279

Cash and cash equivalents at beginning of year
3

 
292

 
13

Cash and cash equivalents at end of year
$
23

 
$
3

 
$
292


The accompanying notes are an integral part of this financial statement schedule.
Schedule I
BERKSHIRE HATHAWAY ENERGY COMPANY
NOTES TO CONDENSED FINANCIAL STATEMENTS

Basis of Presentation - The condensed financial information of BHE investments in subsidiaries are presented under the equity method of accounting. Under this method, the assets and liabilities of subsidiaries are not consolidated. The investments in subsidiaries are recorded in the Condensed Balance Sheets. The income from operations of subsidiaries is reported on a net basis as equity income in the Condensed Statements of Operations.

Other investments - BHE's investment in BYD Company Limited ("BYD") common stock is accounted for as an available-for-sale security with changes in fair value recognized in AOCI. As of December 31, 2015 and 2014, the fair value of BHE's investment in BYD common stock was $1.2 billion and $881 million, respectively, which resulted in a unrealized gain of $1.0 billion and $649 million as of December 31, 2015 and 2014, respectively.

Dividends and distributions from subsidiaries - Cash dividends paid to BHE by its subsidiaries for the years ended December 31, 2015, 2014 and 2013 were $3.0 billion, $2.3 billion and $2.5 billion, respectively. In January and February 2016, BHE received cash dividends from its subsidiaries totaling $187 million.

Guarantees and commitments - BHE has issued guarantees up to a maximum of $92 million in support of various obligations of consolidated subsidiaries and commitments to provide equity contributions in support of renewable tax equity investments totaling $478 million.

See the notes to the consolidated BHE financial statements in Part II, Item 8 for other disclosures regarding long-term obligations (Notes 8, 9 and 10) and shareholders' equity (Note 17).
MidAmerican Funding LLC [Member]  
Condensed Financial Statements, Captions [Line Items]  
Condensed Financial Statements [Text Block]
MIDAMERICAN FUNDING, LLC
PARENT COMPANY ONLY
NOTES TO CONDENSED FINANCIAL STATEMENTS

Incorporated by reference are MidAmerican Funding, LLC and Subsidiaries Consolidated Statements of Changes in Equity for the three years ended December 31, 2015 in Part II, Item 8.

Basis of Presentation - The condensed financial information of MidAmerican Funding, LLC's ("MidAmerican Funding's") investments in subsidiaries is presented under the equity method of accounting. Under this method, the assets and liabilities of subsidiaries are not consolidated. The investments in and advances to subsidiaries are recorded on the Condensed Balance Sheets. The income from operations of the subsidiaries is reported on a net basis as equity in undistributed earnings of subsidiary companies on the Condensed Statements of Operations.

Payable to Affiliate - MHC, Inc. ("MHC") settles all obligations of MidAmerican Funding including primarily interest costs on, and repayments of, MidAmerican Funding's long-term debt. Net amounts paid by MHC on behalf of MidAmerican Funding totaled $13 million, $13 million and $13 million for the years 2015, 2014 and 2013, respectively.

See the notes to the consolidated MidAmerican Funding financial statements in Part II, Item 8 for other disclosures.