XML 55 R8.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Balance Sheets (Unaudited) - MidAmerican Funding LLC - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 3,744 $ 1,565
Inventories 1,605 1,509
Other current assets 1,295 1,355
Total current assets 12,232 10,198
Property, plant and equipment, net 99,871 99,248
Goodwill 11,508 11,547
Regulatory assets 4,204 4,167
Investments and restricted cash and cash equivalents and investments 9,305 9,510
Other assets 3,115 3,170
Total assets 140,235 137,840
Current liabilities:    
Accounts payable 2,602 3,175
Accrued interest 752 625
Accrued property, income and other taxes 756 828
Short-term debt 1,528 4,148
Current portion of long-term debt 3,133 2,740
Other current liabilities 1,942 1,551
Total current liabilities 11,094 13,421
Regulatory liabilities 6,709 6,644
Deferred income taxes 12,343 12,437
Other long-term liabilities 5,935 6,166
Total liabilities 89,976 88,100
Commitments and contingencies
Equity:    
Additional paid-in capital 5,573 5,573
Retained earnings 45,417 44,765
Total shareholder's equity 48,959 48,434
Total liabilities and equity 140,235 137,840
MidAmerican Funding, LLC    
Current assets:    
Cash and cash equivalents 660 637
Trade receivables, net 275 272
Income tax receivable 84 1
Inventories 358 364
Prepaid expenses 135 113
Other current assets 49 40
Total current assets 1,561 1,427
Property, plant and equipment, net 22,086 21,971
Goodwill 1,270 1,270
Regulatory assets 621 600
Investments and restricted cash and cash equivalents and investments 1,086 1,032
Other assets 186 209
Total assets 26,810 26,509
Current liabilities:    
Accounts payable 387 543
Accrued interest 101 112
Accrued property, income and other taxes 144 197
Note payable to affiliate 8 0
Short-term debt 15 0
Current portion of long-term debt 552 539
Other current liabilities 110 102
Total current liabilities 1,317 1,493
Long-term debt 9,047 8,467
Regulatory liabilities 1,153 1,079
Deferred income taxes 3,503 3,492
Asset retirement obligations 775 768
Other long-term liabilities 572 577
Total liabilities 16,367 15,876
Commitments and contingencies
Equity:    
Additional paid-in capital 1,679 1,679
Retained earnings 8,764 8,954
Total shareholder's equity 10,443 10,633
Total liabilities and equity $ 26,810 $ 26,509