Income Taxes (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of Effective Income Tax Rate Reconciliation [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to the effective income tax rate applicable to income before income tax benefit is as follows:

	Three-Month Periods
	Ended March 31,
	2022		2021
Federal statutory income tax rate	21	%	21	%
Income tax credits	72		136
State income tax, net of federal income tax impacts	(3)		21
Income tax effect of foreign income	3		6
Effects of ratemaking	8		10
Equity income	3		15
Noncontrolling interest	5		9
Other, net	(1)		(1)
Effective income tax rate	108	%	217	%

PAC

Schedule of Effective Income Tax Rate Reconciliation [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to the effective income tax rate applicable to income before income tax (benefit) expense is as follows:

	Three-Month Periods
	Ended March 31,
	2022		2021
Federal statutory income tax rate	21	%	21	%
State income tax, net of federal income tax benefit	3		3
Federal income tax credits	(20)		(20)
Effects of ratemaking(1)	(11)		(13)
Valuation allowance	6		—
Other	3		2
Effective income tax rate	2	%	(7)	%

(1)Effects of ratemaking is primarily attributable to activity associated with excess deferred income taxes.

MEC

Schedule of Effective Income Tax Rate Reconciliation [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to MidAmerican Energy's effective income tax rate applicable to income before income tax benefit is as follows:

	Three-Month Periods
	Ended March 31,
	2022		2021
Federal statutory income tax rate	21	%	21	%
Income tax credits	(534)		2,400
State income tax, net of federal income tax impacts	(21)		(29)
Effects of ratemaking	(8)		(186)
Other, net	—		(6)
Effective income tax rate	(542)	%	2,200	%

MidAmerican Funding, LLC

Schedule of Effective Income Tax Rate Reconciliation [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to MidAmerican Funding's effective income tax rate applicable to income before income tax benefit is as follows:

	Three-Month Periods
	Ended March 31,
	2022		2021
Federal statutory income tax rate	21	%	21	%
Income tax credits	(618)		1,400
State income tax, net of federal income tax impacts	(24)		(8)
Effects of ratemaking	(9)		(108)
Other, net	—		(5)
Effective income tax rate	(630)	%	1,300	%

SPPC

Schedule of Effective Income Tax Rate Reconciliation [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to the effective income tax rate applicable to income before income tax expense is as follows:

	Three-Month Periods
	Ended March 31,
	2022		2021
Federal statutory income tax rate	21	%	21	%
Effects of ratemaking	(7)		(10)
Other	1		2
Effective income tax rate	15	%	13	%

EEGH

Schedule of Effective Income Tax Rate Reconciliation [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to the effective income tax rate applicable to income before income tax expense is as follows:

	Three-Month Periods
	Ended March 31,
	2022		2021
Federal statutory income tax rate	21	%	21	%
State income tax, net of federal income tax benefit	5		3
Equity interest	2		2
Effects of ratemaking	(4)		(1)
Noncontrolling interest	(11)		(11)
Other, net	1		(1)
Effective income tax rate	14	%	13	%