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Consolidated Statements of Operations (Unaudited) - MidAmerican Funding LLC - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating revenue:        
Total operating revenue $ 7,500 $ 6,968 $ 20,142 $ 19,113
Operating expenses:        
Cost of sales 1,959 1,385 4,944 4,064
Total operating expenses 5,677 5,134 15,876 14,738
Operating income 1,823 1,834 4,266 4,375
Other income (expense):        
Interest expense (555) (531) (1,637) (1,593)
Allowance for equity funds 43 34 123 90
Other, net 5 8 (16) 64
Total other income (expense) (3,718) (159) (3,382) (186)
(Loss) income before income tax benefit and equity loss (1,895) 1,675 884 4,189
Income tax benefit (1,213) (355) (1,571) (563)
Net (loss) income attributable to parent (842) 1,922 1,926 4,207
MidAmerican Funding, LLC        
Operating revenue:        
Total operating revenue 1,148 966 3,050 2,726
Operating expenses:        
Operations and maintenance 210 200 602 577
Depreciation and amortization 338 218 865 634
Property and other taxes 38 34 114 107
Total operating expenses 918 679 2,630 2,288
Operating income 230 287 420 438
Other income (expense):        
Interest expense (84) (81) (249) (237)
Allowance for borrowed funds 3 4 12 8
Allowance for equity funds 12 11 41 25
Other, net 2 8 (12) 34
Total other income (expense) (67) (58) (208) (170)
(Loss) income before income tax benefit and equity loss 163 229 212 268
Income tax benefit (137) (144) (533) (460)
Net (loss) income attributable to parent 300 373 745 728
Regulated electric | MidAmerican Funding, LLC        
Operating revenue:        
Total operating revenue 1,009 854 2,342 1,985
Operating expenses:        
Cost of sales 235 163 534 417
Regulated natural gas and other | MidAmerican Funding, LLC        
Operating revenue:        
Total operating revenue 139 112 708 741
Operating expenses:        
Cost of sales $ 97 $ 64 $ 515 $ 553