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Condensed Financial Statements (Notes)
 12 Months Ended
Dec. 31, 2020
Condensed Financial Statements, Captions [Line Items]  
Condensed Financial Statements [Text Block] Schedule I
As of December 31,
20202019
ASSETS
Current assets:
Cash and cash equivalents$623 $13 
Accounts receivable - affiliate96 87 
Notes receivable - affiliate177 181 
Income tax receivable19 3 
Other current assets1,301 8 
Total current assets2,216 292 
Investments in subsidiaries48,654 40,204 
Other investments6,103 1,300 
Goodwill1,221 1,221 
Other assets488 695 
Total assets$58,682 $43,712 
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable and other current liabilities$341 $194 
Notes payable - affiliate200 240 
Short-term debt— 1,590 
Current portion of BHE senior debt450 350 
Total current liabilities991 2,374 
BHE senior debt12,997 8,231 
BHE junior subordinated debentures100 100 
Notes payable - affiliate116 2 
Other long-term liabilities1,468 530 
Total liabilities15,672 11,237 
Equity:
BHE shareholders' equity:
Preferred stock - 100 shares authorized, $0.01 par value, 4 shares issued and outstanding
3,750 — 
Common stock - 115 shares authorized, no par value, 76 and 77 shares issued and outstanding
— — 
Additional paid-in capital6,377 6,389 
Long-term income tax receivable(658)(530)
Retained earnings35,093 28,296 
Accumulated other comprehensive loss, net(1,552)(1,706)
Total BHE shareholders' equity43,010 32,449 
Noncontrolling interest— 26 
Total equity43,010 32,475 
Total liabilities and equity$58,682 $43,712 

The accompanying notes are an integral part of this financial statement schedule.
Schedule I
BERKSHIRE HATHAWAY ENERGY COMPANY
PARENT COMPANY ONLY
CONDENSED STATEMENTS OF OPERATIONS
(Amounts in millions)
Years Ended December 31,
202020192018
Operating expenses:
General and administration$57 $49 $21 
Depreciation and amortization4 5 4 
Total operating expenses61 54 25 
Operating loss(61)(54)(25)
Other income (expense):
Interest expense(527)(452)(438)
Other, net4,789 (271)(537)
Total other income (expense)4,262 (723)(975)
Income (loss) before income tax expense (benefit) and equity income4,201 (777)(1,000)
Income tax expense (benefit)1,089 (312)(513)
Equity income3,832 3,419 3,058 
Net income6,944 2,954 2,571 
Net income attributable to noncontrolling interest1 3 3 
Net income attributable to BHE shareholders$6,943 $2,951 $2,568 
Preferred dividends26 — — 
Earnings on common shares$6,917 $2,951 $2,568 

The accompanying notes are an integral part of this financial statement schedule.
Schedule I
BERKSHIRE HATHAWAY ENERGY COMPANY
PARENT COMPANY ONLY
CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
(Amounts in millions)
Years Ended December 31,
202020192018
Net income$6,944 $2,954 $2,571 
Other comprehensive income (loss), net of tax153 239 (462)
Comprehensive income7,097 3,193 2,109 
Comprehensive income attributable to noncontrolling interests1 3 3 
Comprehensive income attributable to BHE shareholders$7,096 $3,190 $2,106 

The accompanying notes are an integral part of this financial statement schedule.
Schedule I
BERKSHIRE HATHAWAY ENERGY COMPANY
PARENT COMPANY ONLY
CONDENSED STATEMENTS OF CASH FLOWS
(In millions)
Years Ended December 31,
202020192018
Cash flows from operating activities$1,639 $1,780 $1,885 
Cash flows from investing activities:
Investments in subsidiaries
(6,422)(1,972)(1,791)
Purchases of investments(1,345)(42)(44)
Proceeds from sale of investments22 42 45 
Notes receivable from affiliate, net(121)(112)(72)
Other, net(20)(5)(22)
Net cash flows from investing activities(7,886)(2,089)(1,884)
Cash flows from financing activities:
Proceeds from BHE senior debt5,212 — 3,166 
Repayments of BHE senior debt(350)— (1,045)
Proceeds from issuance of preferred stock3,750 — — 
Common stock purchases(126)(293)(107)
Net (repayments of) proceeds from short-term debt(1,590)607 (2,348)
Other, net(39)(1)(4)
Net cash flows from financing activities6,857 313 (338)
Net change in cash and cash equivalents610 4 (337)
Cash and cash equivalents at beginning of year13 9 346 
Cash and cash equivalents at end of year$623 $13 $9 

The accompanying notes are an integral part of this financial statement schedule.
Schedule I
BERKSHIRE HATHAWAY ENERGY COMPANY
PARENT COMPANY ONLY
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 a marketable security with changes in fair value recognized in net income. As of December 31, 2020 and 2019, the fair value of BHE's investment in BYD common stock was $5,897 million and $1,122 million.

Dividends and distributions from subsidiaries - Cash dividends paid to BHE by its subsidiaries for the years ended December 31, 2020, 2019 and 2018 were $2.0 billion, $2.0 billion and $2.3 billion, respectively. In January and February 2021, BHE received cash dividends from its subsidiaries totaling $131 million.

Guarantees and commitments - BHE has issued guarantees and letters of credit in respect of subsidiary and equity method investments aggregating $1.3 billion and commitments, subject to satisfaction of certain specified conditions, to provide equity contributions in support of renewable tax equity investments totaling $563 million.

See the notes to the consolidated BHE financial statements in Part II, Item 8 for other disclosures regarding long-term obligations (Notes 9, 10 and 11) and shareholders' equity (Note 18).
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, 2020 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. The Condensed Statements of Comprehensive Income have been omitted as net income equals comprehensive income for the years ended December 31, 2020, 2019 and 2018.

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 and income taxes. MHC paid $12 million and $12 million in 2020 and 2019, respectively, and received $2 million in 2018 on behalf of MidAmerican Funding. In 2019, MHC transferred to MidAmerican Funding $440 million of its receivable from MidAmerican Funding in the form of a dividend.

Distribution to Parent - In 2019, MidAmerican Funding recorded a noncash dividend of $8 million for the transfer to BHE of corporate aircraft owned by MHC.

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