Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment

The Company's reportable segments with foreign operations include Northern Powergrid, whose business is principally in the United Kingdom, BHE Transmission, whose business includes operations in Canada, and BHE Renewables, whose business includes operations in the Philippines. Intersegment eliminations and adjustments, including the allocation of goodwill, have been made. Information related to the Company's reportable segments is shown below (in millions):



	Three-Month Periods
	Ended March 31,
	2019		2018
Operating revenue:
PacifiCorp	$	1,259	$	1,184
MidAmerican Funding	842		747
NV Energy	614		617
Northern Powergrid	263		278
BHE Pipeline Group	371		376
BHE Transmission	168		180
BHE Renewables	167		154
HomeServices	785		761
BHE and Other⁽¹⁾	141		143
Total operating revenue	$	4,610	$	4,440



	Three-Month Periods
	Ended March 31,
	2019			2018
Depreciation and amortization:
PacifiCorp	$	205		$	202
MidAmerican Funding	177			158
NV Energy	120			113
Northern Powergrid	63			63
BHE Pipeline Group	28			42
BHE Transmission	58			62
BHE Renewables	70			64
HomeServices	13			12
BHE and Other⁽¹⁾	(1		)	—
Total depreciation and amortization	$	733		$	716



Operating income:
PacifiCorp	$	284		$	247
MidAmerican Funding	116			79
NV Energy	84			89
Northern Powergrid	129			147
BHE Pipeline Group	243			226
BHE Transmission	76			81
BHE Renewables	18			28
HomeServices	(21		)	(8		)
BHE and Other⁽¹⁾	(10		)	(18		)
Total operating income	919			871
Interest expense	(477		)	(466		)
Capitalized interest	16			12
Allowance for equity funds	32			21
Interest and dividend income	30			26
Losses on marketable securities, net	(68		)	(209		)
Other, net	35			30
Total income before income tax expense and equity income	$	487		$	285



Interest expense:
PacifiCorp	$	96	$	96
MidAmerican Funding	75		63
NV Energy	62		58
Northern Powergrid	34		37
BHE Pipeline Group	12		10
BHE Transmission	39		43
BHE Renewables	44		52
HomeServices	7		4
BHE and Other⁽¹⁾	108		103
Total interest expense	$	477	$	466



	Three-Month Periods
	Ended March 31,
	2019		2018
Operating revenue by country:
United States	$	4,177	$	3,978
United Kingdom	263		277
Canada	168		180
Philippines and other	2		5
Total operating revenue by country	$	4,610	$	4,440



Income before income tax expense and equity income by country:
United States	$	336	$	118
United Kingdom	103		112
Canada	40		41
Philippines and other	8		14
Total income before income tax expense and equity income by country	$	487	$	285



	As of
	March 31,		December 31,
	2019		2018
Assets:
PacifiCorp	$	24,211	$	23,478
MidAmerican Funding	20,845		20,029
NV Energy	14,105		14,119
Northern Powergrid	7,626		7,427
BHE Pipeline Group	5,579		5,511
BHE Transmission	8,567		8,424
BHE Renewables	8,654		8,666
HomeServices	3,427		2,797
BHE and Other⁽¹⁾	1,531		1,738
Total assets	$	94,545	$	92,189


(1)	The differences between the reportable segment amounts and the consolidated amounts, described as BHE and Other, relate principally to other entities, corporate functions and intersegment eliminations.

Schedule of Goodwill

e following table shows the change in the carrying amount of goodwill by reportable segment for the three-month period ended March 31, 2019 (in millions):



									BHE Pipeline Group
	PacifiCorp		MidAmerican Funding		NV Energy		Northern Powergrid				BHE Transmission		BHE Renewables		HomeServices
	PacifiCorp		MidAmerican Funding		NV Energy		Northern Powergrid				BHE Transmission		BHE Renewables		HomeServices		Total

December 31, 2018	$	1,129	$	2,102	$	2,369	$	952	$	73	$	1,448	$	95	$	1,427	$	9,595
Acquisitions	—		—		—		—		—		—		—		23		23
Foreign currency translation	—		—		—		14		—		31		—		—		45
March 31, 2019	$	1,129	$	2,102	$	2,369	$	966	$	73	$	1,479	$	95	$	1,450	$	9,663

MidAmerican Energy Company [Member]

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment

The following tables provide information on a reportable segment basis (in millions):



	Three-Month Periods
	Ended March 31,
	2019			2018
Operating revenue:
Regulated electric	$	542		$	469
Regulated natural gas	295			275
Other	5			2
Total operating revenue	$	842		$	746

Operating income:
Regulated electric	$	66		$	36
Regulated natural gas	48			43
Other	1			—
Total operating income	115			79
Interest expense	(69		)	(58		)
Allowance for borrowed funds	6			4
Allowance for equity funds	15			10
Other, net	20			9
Income before income tax benefit	$	87		$	44



	As of
	March 31, 2019		December 31, 2018
Assets:
Regulated electric	$	17,373	$	16,511
Regulated natural gas	1,357		1,406
Other	2		3
Total assets	$	18,732	$	17,920

MidAmerican Funding, LLC and Subsidiaries [Domain]

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment

The following tables provide information on a reportable segment basis (in millions):



	Three-Month Periods
	Ended March 31,
	2019			2018
Operating revenue:
Regulated electric	$	542		$	469
Regulated natural gas	295			275
Other	5			3
Total operating revenue	$	842		$	747

Operating income:
Regulated electric	$	66		$	36
Regulated natural gas	48			43
Other	2			—
Total operating income	116			79
Interest expense	(75		)	(63		)
Allowance for borrowed funds	6			4
Allowance for equity funds	15			10
Other, net	21			10
Income before income tax benefit	$	83		$	40



	As of
	March 31, 2019		December 31, 2018
Assets⁽¹⁾:
Regulated electric	$	18,564	$	17,702
Regulated natural gas	1,436		1,485
Other	17		15
Total assets	$	20,017	$	19,202



(1)	Assets by reportable segment reflect the assignment of goodwill to applicable reporting units.

Sierra Pacific Power Company [Member]

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment

The following tables provide information on a reportable segment basis (in millions):



	Three-Month Periods
	Ended March 31,
	2019			2018
Operating revenue:
Regulated electric	$	182		$	181
Regulated natural gas	37			41
Total operating revenue	$	219		$	222

Operating income:
Regulated electric	$	29		$	37
Regulated natural gas	8			10
Total operating income	37			47
Interest expense	(12		)	(10		)
Allowance for equity funds	1			1
Other, net	2			2
Income before income tax expense	$	28		$	40



	As of
	March 31,		December 31,
	2019		2018
Assets:
Regulated electric	$	3,227	$	3,177
Regulated natural gas	316		314
Regulated common assets⁽¹⁾	74		78
Total assets	$	3,617	$	3,569


(1)	Consists principally of cash and cash equivalents not included in either the regulated electric or regulated natural gas segments.