EXHIBIT 12.1

MIDAMERICAN ENERGY HOLDINGS COMPANY

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

(In Millions, Except Ratios)

	2013			2012			2011			2010			2009
Earnings Available for Fixed Charges:
Net income	$	1,676		$	1,495		$	1,352		$	1,310		$	1,188
Add (Deduct):
Income tax expense		130			148			294			198			282
Equity loss (income)		35			(68	)		(53	)		(43	)		(55	)
Add:
Fixed charges		1,268			1,222			1,240			1,263			1,317
Distributions from equity investees		16			22			32			33			27
Deduct:
Capitalized interest		(48	)		(19	)		(3	)		(3	)		(3	)
Preferred stock dividend requirements of consolidated subsidiaries		(7	)		(9	)		(10	)		(9	)		(10	)
		1,394			1,296			1,500			1,439			1,558
Total earnings available for fixed charges	$	3,070		$	2,791		$	2,852		$	2,749		$	2,746
Fixed Charges:
Interest expense	$	1,222		$	1,176		$	1,196		$	1,225		$	1,275
Estimated interest portion of rental payments		39			37			34			29			32
Preferred stock dividend requirements of consolidated subsidiaries		7			9			10			9			10
Total fixed charges	$	1,268		$	1,222		$	1,240		$	1,263		$	1,317
Ratio of earnings to fixed charges		2.4x			2.3x			2.3x			2.2x			2.1x