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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating revenue:      
Total operating revenue $ 20,952 $ 19,844 $ 19,787
Energy:      
Cost of fuel and energy 4,187 4,586 4,769
Operations and maintenance 3,545 3,318 3,440
Depreciation and amortization 3,410 2,965 2,933
Total operating expenses 16,661 15,694 15,715
Taxes, Miscellaneous 634 574 573
Real estate 4,885 4,251 4,000
Operating income 4,291 4,150 4,072
Other income (expense):      
Interest expense (2,021) (1,912) (1,838)
Capitalized interest and allowance for borrowed funds 80 77 61
Allowance for equity funds 165 173 104
Other Interest and Dividend Income 71 117 113
Gain (Loss) on Investments 4,797 (288) (538)
Other, net 88 97 (9)
Total other income (expense) 3,180 (1,736) (2,107)
Income before income tax expense (benefit) and equity (loss) income 7,471 2,414 1,965
Income tax expense (benefit) 308 (598) (583)
Equity income (loss) (149) (44) 43
Net income 7,014 2,968 2,591
Net income attributable to noncontrolling interests 71 18 23
Net income (loss) attributable to parent 6,943 2,950 2,568
Dividends, Preferred Stock 26 0 0
Undistributed Earnings (Loss) Available to Common Shareholders, Diluted 6,917 2,950 2,568
Electricity and natural gas [Member]      
Operating revenue:      
Total operating revenue 15,556 15,371 15,573
Residential real estate brokerage and mortgage businesses [Member]      
Operating revenue:      
Total operating revenue 5,396 4,473 4,214
PacifiCorp [Member]      
Operating revenue:      
Total operating revenue 5,341 5,068 5,026
Energy:      
Cost of fuel and energy 1,790 1,795 1,757
Operations and maintenance 1,209 1,048 1,038
Depreciation and amortization 1,209 954 979
Property and other taxes 209 199 201
Total operating costs and expenses 4,417 3,996 3,975
Operating income 924 1,072 1,051
Other income (expense):      
Interest expense (426) (401) (384)
Capitalized interest and allowance for borrowed funds 48 36 18
Allowance for equity funds 98 72 35
Interest and dividend income 10 21 15
Other, net 10 32 8
Total other income (expense) (260) (240) (308)
Income before income tax expense (benefit) and equity (loss) income 664 832 743
Income tax expense (benefit) (75) 61 5
Net income (loss) attributable to parent 739 771 738
MidAmerican Energy Company [Member]      
Operating revenue:      
Total operating revenue 2,720 2,925 3,049
Energy:      
Operations and maintenance 754 800 811
Depreciation and amortization 716 639 609
Property and other taxes 135 126 125
Total operating expenses 2,272 2,377 2,498
Operating income 448 548 551
Other income (expense):      
Interest expense (304) (281) (227)
Capitalized interest and allowance for borrowed funds 15 27 20
Allowance for equity funds 45 78 53
Other, net 52 50 30
Total other income (expense) (192) (126) (124)
Income before income tax expense (benefit) and equity (loss) income 256 422 427
Income tax expense (benefit) (570) (371) (255)
Net income (loss) attributable to parent 826 793 682
MidAmerican Energy Company [Member] | Electricity, US Regulated [Member]      
Operating revenue:      
Total operating revenue 2,139 2,237 2,283
Energy:      
Cost of fuel and energy 339 399 487
MidAmerican Energy Company [Member] | Regulated natural gas and other [Member]      
Operating revenue:      
Total operating revenue 581 688 766
Energy:      
Cost of fuel and energy 328 413 466
MidAmerican Funding, LLC and Subsidiaries [Member]      
Operating revenue:      
Total operating revenue 2,728 2,927 3,053
Energy:      
Operations and maintenance 755 801 813
Depreciation and amortization 716 639 609
Property and other taxes 135 127 125
Total operating expenses 2,274 2,378 2,503
Operating income 454 549 550
Other income (expense):      
Interest expense (322) (302) (247)
Capitalized interest and allowance for borrowed funds 15 27 20
Allowance for equity funds 45 78 53
Other, net 52 52 31
Total other income (expense) (210) (145) (143)
Income before income tax expense (benefit) and equity (loss) income 244 404 407
Income tax expense (benefit) (574) (377) (262)
Net income (loss) attributable to parent 818 781 669
MidAmerican Funding, LLC and Subsidiaries [Member] | Electricity, US Regulated [Member]      
Operating revenue:      
Total operating revenue 2,139 2,237 2,283
Energy:      
Cost of fuel and energy 339 399 487
MidAmerican Funding, LLC and Subsidiaries [Member] | Regulated natural gas and other [Member]      
Operating revenue:      
Total operating revenue 589 690 770
Energy:      
Cost of fuel and energy 329 412 469
Nevada Power Company [Member]      
Operating revenue:      
Total operating revenue 1,998 2,148 2,184
Energy:      
Cost of fuel and energy 816 943 917
Operations and maintenance 299 324 443
Depreciation and amortization 361 357 337
Property and other taxes 47 45 41
Total operating expenses 1,523 1,669 1,738
Operating income 475 479 446
Other income (expense):      
Interest expense (162) (171) (170)
Capitalized interest and allowance for borrowed funds 3 3 2
Allowance for equity funds 7 5 3
Other, net 19 21 17
Total other income (expense) (133) (142) (148)
Income before income tax expense (benefit) and equity (loss) income 342 337 298
Income tax expense (benefit) 47 73 72
Net income (loss) attributable to parent 295 264 226
Sierra Pacific Power Company [Member]      
Operating revenue:      
Total operating revenue 854 889 855
Energy:      
Operations and maintenance 162 172 190
Depreciation and amortization 141 125 119
Property and other taxes 23 22 23
Total operating expenses 689 718 703
Operating income 165 171 152
Other income (expense):      
Interest expense (56) (48) (44)
Capitalized interest and allowance for borrowed funds 2 1 1
Allowance for equity funds 4 3 4
Other, net 11 4 9
Total other income (expense) (39) (40) (30)
Income before income tax expense (benefit) and equity (loss) income 126 131 122
Income tax expense (benefit) 15 28 30
Net income (loss) attributable to parent 111 103 92
Sierra Pacific Power Company [Member] | Electricity, US Regulated [Member]      
Operating revenue:      
Total operating revenue 738 770 752
Energy:      
Cost of fuel and energy 301 337 322
Sierra Pacific Power Company [Member] | Natural Gas, US Regulated [Member]      
Operating revenue:      
Total operating revenue 116 119 103
Energy:      
Cost of fuel and energy 62 62 49
Eastern Energy Gas Holdings, LLC [Member]      
Operating revenue:      
Total operating revenue 2,090 2,169 1,996
Cost of fuel and energy 24 9 (6)
Energy:      
Operations and maintenance 1,142 748 774
Depreciation and amortization 366 367 333
Property and other taxes 140 141 108
Total operating expenses 1,672 1,265 1,209
Operating income 418 904 787
Other income (expense):      
Interest expense (333) (311) (174)
Allowance for equity funds 13 18 15
Interest and dividend income 67 105 26
Other, net 42 43 48
Total other income (expense) (211) (145) (85)
Income before income tax expense (benefit) and equity (loss) income 207 759 702
Income tax expense (benefit) (24) 101 124
Equity income (loss) 42 43 54
Net income from continuing operations 273 701 632
Net income from discontinued operations [1] 0 141 24
Net income 273 842 656
Net income attributable to noncontrolling interests 164 121 175
Net income (loss) attributable to parent $ 109 $ 721 $ 481
[1] Includes income tax expense of $33 million and less than $1 million for the years ended December 31, 2019 and 2018, respectively.