Income Taxes (Tables)

6 Months Ended

Jun. 30, 2023

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 (loss) before income tax expense (benefit) is as follows:

	Three-Month Periods				Six-Month Periods
	Ended June 30,				Ended June 30,
	2023		2022		2023		2022
Federal statutory income tax rate	21	%	21	%	21	%	21	%
Income tax credits	(34)		(13)		(35)		(28)
State income tax, net of federal income tax impacts	—		(1)		(2)		—
Income tax effect of foreign income	(3)		—		2		(1)
Effects of ratemaking	(3)		(1)		(3)		(2)
Equity income	(2)		(1)		(1)		(1)
Noncontrolling interest	(3)		(1)		(3)		(2)
Other, net	—		1		—		—
Effective income tax rate	(24)	%	5	%	(21)	%	(13)	%

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 (loss) before income tax expense (benefit) is as follows:

	Three-Month Periods				Six-Month Periods
	Ended June 30,				Ended June 30,
	2023		2022		2023		2022
Federal statutory income tax rate	21	%	21	%	21	%	21	%
State income tax, net of federal income tax benefit	2		4		4		3
Federal income tax credits	(34)		(25)		36		(21)
Effects of ratemaking(1)	(26)		(13)		22		(11)
Valuation allowance	—		—		7		4
Other	(2)		2		1		1
Effective income tax rate	(39)	%	(11)	%	91	%	(3)	%

(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 expense (benefit) is as follows:

	Three-Month Periods				Six-Month Periods
	Ended June 30,				Ended June 30,
	2023		2022		2023		2022
Federal statutory income tax rate	21	%	21	%	21	%	21	%
Income tax credits	(251)		(973)		(347)		(682)
State income tax, net of federal income tax impacts	(6)		(26)		(10)		(23)
Effects of ratemaking	(4)		(11)		(6)		(9)
Other, net	(2)		—		(1)		2
Effective income tax rate	(242)	%	(989)	%	(343)	%	(691)	%

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 expense (benefit) is as follows:

	Three-Month Periods				Six-Month Periods
	Ended June 30,				Ended June 30,
	2023		2022		2023		2022
Federal statutory income tax rate	21	%	21	%	21	%	21	%
Income tax credits	(266)		(1,150)		(335)		(793)
State income tax, net of federal income tax impacts	(8)		(38)		(10)		(29)
Effects of ratemaking	(5)		(12)		(5)		(10)
Other, net	—		4		(1)		3
Effective income tax rate	(258)	%	(1,175)	%	(330)	%	(808)	%

NPC

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 (benefit) is as follows:

	Three-Month Periods				Six-Month Periods
	Ended June 30,				Ended June 30,
	2023		2022		2023		2022
Federal statutory income tax rate	21	%	21	%	21	%	21	%
Effects of ratemaking	(11)		(10)		(10)		(10)
Other	—		1		(1)		1
Effective income tax rate	10	%	12	%	10	%	12	%

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 (benefit) is as follows:

	Three-Month Periods				Six-Month Periods
	Ended June 30,				Ended June 30,
	2023		2022		2023		2022
Federal statutory income tax rate	21	%	21	%	21	%	21	%
Effects of ratemaking	(9)		(8)		(9)		(7)
Other	1		—		1		1
Effective income tax rate	13	%	13	%	13	%	15	%

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 (benefit) is as follows:

	Three-Month Periods				Six-Month Periods
	Ended June 30,				Ended June 30,
	2023		2022		2023		2022
Federal statutory income tax rate	21	%	21	%	21	%	21	%
State income tax, net of federal income tax benefit	2		3		2		4
Equity interest	1		1		1		1
Effects of ratemaking	—		—		—		(2)
Noncontrolling interest	(11)		(10)		(10)		(10)
Other, net	(1)		—		—		—
Effective income tax rate	12	%	15	%	14	%	14	%

EGTS

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 (benefit) is as follows:

	Three-Month Periods				Six-Month Periods
	Ended June 30,				Ended June 30,
	2023		2022		2023		2022
Federal statutory income tax rate	21	%	21	%	21	%	21	%
State income tax, net of federal income tax benefit	5		7		5		6
Allowance for funds used during construction-equity	(1)		—		—		—
Other, net	—		—		(1)		—
Effective income tax rate	25	%	28	%	25	%	27	%