XML 52 R8.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2017
Mar. 31, 2017
Sep. 30, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:                  
Net income           $ 2,591 $ 2,910 $ 2,570  
Net income (loss) attributable to parent           2,568 2,870 2,542  
Adjustments to reconcile net income to net cash flows from operating activities:                  
Gain (Loss) on Investments           538 (14) (10)  
Other Nonrecurring (Income) Expense           56 455 62  
Depreciation and amortization           2,984 2,646 2,591  
Deferred income taxes and amortization of investment tax credits           8 19 1,090  
Allowance for equity funds           (104) (76) (158)  
Equity (income) loss, net of distributions           (43) 151 (123)  
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions           45 260 (67)  
Changes in regulatory assets and liabilities           196 31 (34)  
Other, net           67 12 (132)  
Increase (Decrease) in Accounts Receivable and Other Operating Assets           (72) 74 110  
Changes in other operating assets and liabilities, net of effects from acquisitions:                  
Derivative collateral, net           27 (22) 32  
Pension and other postretirement benefit plans           (54) (91) (79)  
Accrued property, income and other taxes           199 (28) 377  
Accounts payable and other liabilities           145 50 (28)  
Net cash flows from operating activities           6,770 6,078 6,104  
Cash flows from investing activities:                  
Capital expenditures           (6,241) (4,571) (5,090)  
Acquisitions, net of cash acquired           (106) (1,113) (66)  
Purchases of marketable securities           (329) (190) (141)  
Proceeds from sales of marketable securities           287 202 191  
Equity method investments           (683) (395) (596)  
Other, net           83 (12) (34)  
Net cash flows from investing activities           (6,989) (6,079) (5,736)  
Cash flows from financing activities:                  
Proceeds from BHE senior debt           3,166 0 0  
Repayments of BHE senior debt and junior subordinated debentures           (1,045) (2,323) (2,000)  
Payments for Repurchase of Common Stock           (107) (19) 0  
Proceeds from subsidiary debt           2,352 1,763 2,327  
Repayments of subsidiary debt           (2,422) (1,000) (1,831)  
Net proceeds from (repayments of) short-term debt           (1,946) 2,361 879  
Payment for Debt Extinguishment or Debt Prepayment Cost           0 (435) 0  
Business acquisition, acquisition of remaining noncontrolling interest           (131) 0 0  
Other, net           (41) (73) (65)  
Net cash flows from financing activities           (174) 274 (690)  
Effect of exchange rate changes           (7) 7 (7)  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect           (400) 280 (329)  
Cash and cash equivalents and restricted cash and cash equivalents at end of period   $ 1,283   $ 1,003 $ 1,003 1,283 1,003 1,332  
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 883   $ 1,283     883 1,283 1,003 $ 1,332
Parent Company [Member]                  
Cash flows from operating activities:                  
Net income           2,571 2,873 2,545  
Net income (loss) attributable to parent           2,568 2,870 2,542  
Adjustments to reconcile net income to net cash flows from operating activities:                  
Depreciation and amortization           4 4 4  
Equity (income) loss, net of distributions           (3,058) (3,441) (2,805)  
Changes in other operating assets and liabilities, net of effects from acquisitions:                  
Net cash flows from operating activities           1,885 2,450 2,760  
Cash flows from investing activities:                  
Investments in subsidiaries           1,791 1,566 1,080  
Purchases of marketable securities           (44) (71) (24)  
Proceeds from sales of marketable securities           45 68 20  
Repayment of (Issuance of) Notes Receivable with Related Parties, Net           (72) (305) (307)  
Other, net           (22) (8) (5)  
Net cash flows from investing activities           (1,884) (1,882) (1,396)  
Cash flows from financing activities:                  
Proceeds from BHE senior debt           3,166 0 0  
Payments for Repurchase of Common Stock           (107) (19) 0  
Net proceeds from (repayments of) short-term debt           (2,348) 2,498 581  
Payment for Debt Extinguishment or Debt Prepayment Cost           0 (406) 0  
Notes payable to affiliate, net           0 0 69  
Other, net           (4) (5) (4)  
Net cash flows from financing activities           (338) (255) (1,354)  
Net change in cash and cash equivalents and restricted cash and cash equivalents           (337) 313 10  
MidAmerican Energy Company [Member]                  
Cash flows from operating activities:                  
Net income (loss) attributable to parent (13) 106 (19) 105   682 605 542  
Adjustments to reconcile net income to net cash flows from operating activities:                  
Utilities Operating Expense, Depreciation and Amortization           609 500 479  
Amortization of Utility Plant to Other Operating Expense           34 34 37  
Deferred income taxes and amortization of investment tax credits           33 332 361  
Allowance for equity funds           (53) (41) (19)  
Other, net           13 (15) (62)  
Increase (Decrease) in Accounts Receivable and Other Operating Assets           25 60 60  
Changes in other operating assets and liabilities, net of effects from acquisitions:                  
Derivative collateral, net           (1) 2 5  
Increase (Decrease) in Inventories           41 19 (27)  
Pension and other postretirement benefit plans           (13) (11) (6)  
Accrued property, income and other taxes           218 (41) 107  
Accounts payable and other liabilities           (30) 72 46  
Net cash flows from operating activities           1,508 1,396 1,403  
Cash flows from investing activities:                  
Capital expenditures           (2,332) (1,773) (1,636)  
Purchases of marketable securities           (263) (143) (138)  
Proceeds from sales of marketable securities           223 137 158  
Proceeds from Sales of Business, Affiliate and Productive Assets           17 2 0  
Increase (Decrease) in Restricted Cash and Investments           (15) (1) 0  
Other, net           30 0 11  
Net cash flows from investing activities           (2,310) (1,776) (1,605)  
Cash flows from financing activities:                  
Proceeds from Issuance of Long-term Debt           687 990 62  
Net proceeds from (repayments of) short-term debt           240 (99) 99  
Repayments of Long-term Debt           (350) (255) (38)  
Other, net           (1) 0 0  
Net cash flows from financing activities           576 636 123  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect           (226) 256 (79)  
Cash and cash equivalents and restricted cash and cash equivalents at end of period   282   26 26 282 26 105  
Cash and cash equivalents and restricted cash and cash equivalents at end of period 56   282     56 282 26 105
PacifiCorp [Member]                  
Cash flows from operating activities:                  
Net income (loss) attributable to parent           738 768 763 695
Adjustments to reconcile net income to net cash flows from operating activities:                  
Utilities Operating Expense, Depreciation and Amortization           979 796 770  
Deferred income taxes and amortization of investment tax credits           (199) 70 139  
Allowance for equity funds           (35) (20) (27)  
Changes in regulatory assets and liabilities           87 18 122  
Other, net           5 9 4  
Increase (Decrease) in Accounts Receivable and Other Operating Assets           (31) (75) (6)  
Changes in other operating assets and liabilities, net of effects from acquisitions:                  
Derivative collateral, net           15 (6) 6  
Increase (Decrease) in Inventories           16 10 (21)  
Increase (Decrease) in Prepaid Expense           31 (8) (5)  
Accrued property, income and other taxes           60 (48) 0  
Accounts payable and other liabilities           83 (62) (163)  
Net cash flows from operating activities           1,811 1,602 1,594  
Cash flows from investing activities:                  
Capital expenditures           (1,257) (769) (903)  
Other, net           5 12 8  
Net cash flows from investing activities           (1,252) (757) (895)  
Cash flows from financing activities:                  
Proceeds from Issuance of Long-term Debt           593 0 0  
Net proceeds from (repayments of) short-term debt           (50) (190) 250  
Repayments of long-term debt and capital lease obligations (PacifiCorp)           (588) (58) (68)  
Common stock dividends           (450) (600) (875)  
Other, net           (1) (1) (1)  
Net cash flows from financing activities           (496) (849) (694)  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect           63 (4) 5  
Cash and cash equivalents and restricted cash and cash equivalents at end of period   29   33 33 29 33 28  
Cash and cash equivalents and restricted cash and cash equivalents at end of period 92   29     92 29 33 28
MidAmerican Funding, LLC and Subsidiaries [Domain]                  
Cash flows from operating activities:                  
Net income (loss) attributable to parent (16) 103 (42) 102 383 669 574 532  
Adjustments to reconcile net income to net cash flows from operating activities:                  
Other Nonrecurring (Income) Expense           0 29 0  
Utilities Operating Expense, Depreciation and Amortization           609 500 479  
Amortization of Utility Plant to Other Operating Expense           34 34 37  
Deferred income taxes and amortization of investment tax credits           32 334 362  
Allowance for equity funds           (53) (41) (19)  
Other, net           16 (14) (63)  
Increase (Decrease) in Accounts Receivable and Other Operating Assets           19 62 60  
Changes in other operating assets and liabilities, net of effects from acquisitions:                  
Derivative collateral, net           (1) 2 5  
Increase (Decrease) in Inventories           41 19 (27)  
Pension and other postretirement benefit plans           (13) (11) (6)  
Accrued property, income and other taxes           230 (54) 107  
Accounts payable and other liabilities           (29) 70 46  
Net cash flows from operating activities           1,516 1,380 1,393  
Cash flows from investing activities:                  
Capital expenditures           (2,332) (1,773) (1,636)  
Purchases of marketable securities           (263) (143) (138)  
Proceeds from sales of marketable securities           223 137 158  
Proceeds from Sales of Business, Affiliate and Productive Assets           17 2 2  
Increase (Decrease) in Restricted Cash and Investments           (15) (1) 0  
Other, net           30 (3) 10  
Net cash flows from investing activities           (2,310) (1,779) (1,604)  
Cash flows from financing activities:                  
Proceeds from Issuance of Long-term Debt           687 990 62  
Net proceeds from (repayments of) short-term debt           240 (99) 99  
Payment for Debt Extinguishment or Debt Prepayment Cost           0 (29) 0  
Repayments of Long-term Debt           (350) (341) (38)  
Increase (Decrease) in Notes Payable, Related Parties, Current           (8) 133 9  
Other, net           0 0 1  
Net cash flows from financing activities           569 654 133  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect           (225) 255 (78)  
Cash and cash equivalents and restricted cash and cash equivalents at end of period   282   27 27 282 27 105  
Cash and cash equivalents and restricted cash and cash equivalents at end of period 57   282     57 282 27 105
Nevada Power Company [Member]                  
Cash flows from operating activities:                  
Net income (loss) attributable to parent (2) 0 (8) 10   226 255 279  
Adjustments to reconcile net income to net cash flows from operating activities:                  
Other Nonrecurring (Income) Expense           0 (1) 1  
Utilities Operating Expense, Depreciation and Amortization           337 308 303  
Deferred income taxes and amortization of investment tax credits           (13) 94 78  
Allowance for equity funds           (3) (1) (2)  
Changes in regulatory assets and liabilities           83 50 131  
Deferred Energy Change           (11) (16) (21)  
Amortization Income (Expense) of Deferred Energy           16 16 (107)  
Other, net           14 (3) 0  
Increase (Decrease) in Accounts Receivable and Other Operating Assets           (5) (6) (26)  
Changes in other operating assets and liabilities, net of effects from acquisitions:                  
Increase (Decrease) in Inventories           (1) 6 7  
Accrued property, income and other taxes           (35) (26) 63  
Accounts payable and other liabilities           1 (23) 13  
Net cash flows from operating activities           619 665 771  
Cash flows from investing activities:                  
Capital expenditures           (298) (270) (335)  
Payments for Previous Acquisition           0 (77) 0  
Proceeds from Sale of Other Property, Plant, and Equipment           1 4 0  
Net cash flows from investing activities           (297) (343) (335)  
Cash flows from financing activities:                  
Proceeds from Issuance of Long-term Debt           573 91 0  
Repayments of Long-term Debt           (840) (89) (224)  
Common stock dividends           0 (548) (469)  
Net cash flows from financing activities           (267) (546) (693)  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect           55 (224) (257)  
Cash and cash equivalents and restricted cash and cash equivalents at end of period   66   290 290 66 290 547  
Cash and cash equivalents and restricted cash and cash equivalents at end of period 121   66     121 66 290 547
Sierra Pacific Power Company [Member]                  
Cash flows from operating activities:                  
Net income (loss) attributable to parent           92 109 84  
Adjustments to reconcile net income to net cash flows from operating activities:                  
Other Nonrecurring (Income) Expense           0 0 5  
Utilities Operating Expense, Depreciation and Amortization           119 114 118  
Deferred income taxes and amortization of investment tax credits           7 55 49  
Allowance for equity funds           (4) (4) 1  
Changes in regulatory assets and liabilities           42 17 (17)  
Deferred Energy Change           9 (20) 53  
Amortization Income (Expense) of Deferred Energy           (10) (47) (54)  
Other, net           0 (4) 0  
Increase (Decrease) in Accounts Receivable and Other Operating Assets           (3) (4) (7)  
Changes in other operating assets and liabilities, net of effects from acquisitions:                  
Increase (Decrease) in Inventories           (4) (3) (6)  
Accrued property, income and other taxes           3 1 (3)  
Accounts payable and other liabilities           18 (41) 6  
Net cash flows from operating activities           275 181 243  
Cash flows from investing activities:                  
Capital expenditures           (205) (186) (194)  
Net cash flows from investing activities           (205) (186) (194)  
Cash flows from financing activities:                  
Proceeds from Issuance of Long-term Debt           0 0 1,089  
Repayments of Long-term Debt           (2) (2) (1,138)  
Common stock dividends           0 (45) (51)  
Net cash flows from financing activities           (2) (47) (100)  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect           68 (52) (51)  
Cash and cash equivalents and restricted cash and cash equivalents at end of period   $ 8   $ 60 $ 60 8 60 111  
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 76   $ 8     $ 76 $ 8 $ 60 $ 111