XML 104 R57.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Revenue from Contracts with Customers
 3 Months Ended
Mar. 31, 2024
Disaggregation of Revenue [Line Items]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
Energy Products and Services

The following table summarizes the Company's energy products and services revenue from contracts with customers ("Customer Revenue") by regulated and nonregulated, with further disaggregation of regulated by line of business, including a reconciliation to the Company's reportable segment information included in Note 12 (in millions):
For the Three-Month Period Ended March 31, 2024
PacifiCorpMidAmerican FundingNV EnergyNorthern PowergridBHE Pipeline GroupBHE TransmissionBHE Renewables
BHE and
Other(1)
Total
Customer Revenue:
Regulated:
Retail electric$1,447 $485 $782 $— $— $— $— $— $2,714 
Retail gas— 254 85 — — — — — 339 
Wholesale29 72 18 — — — — (1)118 
Transmission and
   distribution		41 15 20 266 — 167 — — 509 
Interstate pipeline— — — — 869 — — (45)824 
Other26 — — — 1 — — — 27 
Total Regulated1,543 826 905 266 870 167 — (46)4,531 
Nonregulated— 2 1 23 257 31 296 — 610 
Total Customer Revenue1,543 828 906 289 1,127 198 296 (46)5,141 
Other revenue5 15 2 31 1 — 51 (1)104 
Total$1,548 $843 $908 $320 $1,128 $198 $347 $(47)$5,245 
For the Three-Month Period Ended March 31, 2023
PacifiCorpMidAmerican FundingNV EnergyNorthern PowergridBHE Pipeline GroupBHE TransmissionBHE Renewables
BHE and
Other(1)
Total
Customer Revenue:
Regulated:
Retail electric$1,349 $491 $848 $— $— $— $— $— $2,688 
Retail gas— 296 96 — — — — — 392 
Wholesale61 100 31 — — — — (1)191 
Transmission and
   distribution		38 14 18 281 — 165 — — 516 
Interstate pipeline— — — — 878 — — (56)822 
Other32 — — — 2 — — — 34 
Total Regulated1,480 901 993 281 880 165 — (57)4,643 
Nonregulated— 3 1 45 266 40 305 — 660 
Total Customer Revenue1,480 904 994 326 1,146 205 305 (57)5,303 
Other revenue4 16 5 28 27 — 88 — 168 
Total$1,484 $920 $999 $354 $1,173 $205 $393 $(57)$5,471 

(1)The BHE and Other reportable segment represents amounts related principally to other corporate entities, corporate functions and intersegment eliminations.
Real Estate Services

The following table summarizes the Company's real estate services Customer Revenue by line of business (in millions):
HomeServices
Three-Month Periods
Ended March 31,
20242023
Customer Revenue:
Brokerage$794 $799 
Franchise12 12 
Total Customer Revenue806 811 
Mortgage and other revenue60 64 
Total$866 $875 

Remaining Performance Obligations

The following table summarizes the Company's revenue it expects to recognize in future periods related to significant unsatisfied remaining performance obligations for fixed contracts with expected durations in excess of one year as of March 31, 2024, by reportable segment (in millions):
Performance obligations expected to be satisfied:
Less than 12 monthsMore than 12 monthsTotal
BHE Pipeline Group$2,961 $19,752 $22,713 
PAC  
Disaggregation of Revenue [Line Items]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
The following table summarizes PacifiCorp's revenue from contracts with customers ("Customer Revenue") by line of business, with further disaggregation of retail by customer class (in millions):
Three-Month Periods
Ended March 31,
20242023
Customer Revenue:
Retail:
Residential$610 $585 
Commercial472 430 
Industrial319 290 
Other retail46 44 
Total retail1,447 1,349 
Wholesale
29 61 
Transmission41 38 
Other Customer Revenue26 32 
Total Customer Revenue1,543 1,480 
Other revenue5 4 
Total operating revenue$1,548 $1,484 
MEC  
Disaggregation of Revenue [Line Items]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
The following table summarizes MidAmerican Energy's revenue from contracts with customers ("Customer Revenue") by line of business, with further disaggregation of retail by customer class, including a reconciliation to MidAmerican Energy's reportable segment information included in Note 12 (in millions):
For the Three-Month Period Ended March 31, 2024
ElectricNatural GasOtherTotal
Customer Revenue:
Retail:
Residential$160 $167 $— $327 
Commercial72 64 — 136 
Industrial218 6 — 224 
Natural gas transportation services— 14 — 14 
Other retail35 3 — 38 
Total retail485 254 — 739 
Wholesale51 21 — 72 
Multi-value transmission projects15 — — 15 
Other Customer Revenue— — 2 2 
Total Customer Revenue551 275 2 828 
Other revenue14 1 — 15 
Total operating revenue$565 $276 $2 $843 

For the Three-Month Period Ended March 31, 2023
ElectricNatural GasOtherTotal
Customer Revenue:
Retail:
Residential$167 $199 $— $366 
Commercial75 78 — 153 
Industrial214 7 — 221 
Natural gas transportation services— 13 — 13 
Other retail35 (1)— 34 
Total retail491 296 — 787 
Wholesale71 29 — 100 
Multi-value transmission projects14 — — 14 
Other Customer Revenue— — 3 3 
Total Customer Revenue576 325 3 904 
Other revenue15 1 — 16 
Total operating revenue$591 $326 $3 $920 
MidAmerican Funding, LLC  
Disaggregation of Revenue [Line Items]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
Refer to Note 10 of MidAmerican Energy's Notes to Financial Statements.
NPC  
Disaggregation of Revenue [Line Items]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
The following table summarizes Nevada Power's revenue from contracts with customers ("Customer Revenue") by line of business, with further disaggregation of retail by customer class (in millions):
Three-Month Periods
Ended March 31,
20242023
Customer Revenue:
Retail:
Residential$271 $293 
Commercial133 136 
Industrial134 138 
Other1 6 
Total fully bundled539 573 
Distribution only service4 3 
Total retail543 576 
Wholesale, transmission and other17 18 
Total Customer Revenue560 594 
Other revenue1 5 
Total operating revenue$561 $599 
SPPC  
Disaggregation of Revenue [Line Items]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
The following table summarizes Sierra Pacific's revenue from contracts with customers ("Customer Revenue") by line of business, with further disaggregation of retail by customer class, including a reconciliation to Sierra Pacific's reportable segment information included in Note 12 (in millions):
Three-Month Periods
Ended March 31,
20242023
ElectricNatural GasTotalElectricNatural GasTotal
Customer Revenue:
Retail:
Residential$100 $53 $153 $115 $60 $175 
Commercial82 24 106 91 27 118 
Industrial55 8 63 63 9 72 
Other1 1 2 2 — 2 
Total fully bundled238 86 324 271 96 367 
Distribution only service1 — 1 1 — 1 
Total retail239 86 325 272 96 368 
Wholesale, transmission and other21 — 21 32 — 32 
Total Customer Revenue260 86 346 304 96 400 
Total operating revenue$260 $86 $346 $304 $96 $400 
EEGH  
Disaggregation of Revenue [Line Items]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
The following table summarizes Eastern Energy Gas' revenue from contracts with customers ("Customer Revenue") by regulated and nonregulated, with further disaggregation of regulated by line of business (in millions):

Three-Month Periods
Ended March 31,
20242023
Customer Revenue:
Regulated:
Gas transmission and storage$329 $332 
Other1 2 
Total regulated330 334 
Nonregulated203 217 
Total Customer Revenue533 551 
Other revenue(1)
— 2 
Total operating revenue$533 $553 

(1)Other revenue consists primarily of revenue recognized in accordance with Accounting Standards Codification 815, "Derivative and Hedging" which includes unrealized gains and losses for derivatives not designated as hedges related to natural gas sales contracts and the royalties from the conveyance of mineral rights accounted for under ASC 932 "Extractive Activities – Oil and Gas".

Eastern Energy Gas has recognized contract liabilities of $38 million and $40 million as of March 31, 2024 and December 31, 2023, respectively, due to the relationship between Eastern Energy Gas' performance and the customer's payment. Eastern Energy Gas recognizes revenue as it fulfills its obligations to provide services to its customers. During the three-month periods ended March 31, 2024 and 2023, Eastern Energy Gas recognized revenue of $11 million and $22 million, respectively, from the beginning contract liability balances.
Remaining Performance Obligations

The following table summarizes Eastern Energy Gas' revenue it expects to recognize in future periods related to significant unsatisfied remaining performance obligations for fixed contracts with expected durations in excess of one year as of March 31, 2024 (in millions):
Performance obligations expected to be satisfied
Less than 12 monthsMore than 12 monthsTotal
Eastern Energy Gas$1,651 $14,473 $16,124 
EGTS  
Disaggregation of Revenue [Line Items]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
The following table summarizes EGTS' revenue from contracts with customers ("Customer Revenue") by regulated and other, with further disaggregation of regulated by line of business (in millions):

Three-Month Periods
Ended March 31,
20242023
Customer Revenue:
Regulated:
Gas transmission$188 $191 
Gas storage70 67 
Other— 2 
Total regulated258 260 
Management service and other revenues12 17 
Total Customer Revenue270 277 
Other revenue(1)
— 1 
Total operating revenue$270 $278 

(1)Other revenue consists primarily of revenue recognized in accordance with Accounting Standards Codification 815, "Derivative and Hedging" which includes unrealized gains and losses for derivatives not designated as hedges related to natural gas sales contracts and the royalties from the conveyance of mineral rights accounted for under ASC 932 "Extractive Activities – Oil and Gas".
Remaining Performance Obligations

The following table summarizes EGTS' revenue it expects to recognize in future periods related to significant unsatisfied remaining performance obligations for fixed contracts with expected durations in excess of one year as of March 31, 2024 (in millions):
Performance obligations expected to be satisfied
Less than 12 monthsMore than 12 monthsTotal
EGTS$772 $3,314 $4,086