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Property, Plant and Equipment, Net
3 Months Ended
Mar. 31, 2016
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following (in millions):
 
 
 
As of
 
Depreciable
 
March 31,
 
December 31,
 
Life
 
2016
 
2015
Regulated assets:
 
 
 
 
 
Utility generation, transmission and distribution systems
5-80 years
 
$
69,880

 
$
69,248

Interstate natural gas pipeline assets
3-80 years
 
6,798

 
6,755

 
 
 
76,678

 
76,003

Accumulated depreciation and amortization
 
 
(23,084
)
 
(22,682
)
Regulated assets, net
 
 
53,594

 
53,321

 
 
 
 

 
 

Nonregulated assets:
 
 
 

 
 

Independent power plants
5-30 years
 
4,781

 
4,751

Other assets
3-30 years
 
884

 
875

 
 
 
5,665

 
5,626

Accumulated depreciation and amortization
 
 
(864
)
 
(805
)
Nonregulated assets, net
 
 
4,801

 
4,821

 
 
 
 

 
 

Net operating assets
 
 
58,395

 
58,142

Construction work-in-progress
 
 
2,757

 
2,627

Property, plant and equipment, net
 
 
$
61,152

 
$
60,769



Construction work-in-progress includes $2.3 billion as of March 31, 2016 and December 31, 2015, related to the construction of regulated assets.
MidAmerican Funding, LLC and Subsidiaries [Domain]  
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment, Net
(4)
Property, Plant and Equipment, Net

Refer to Note 4 of MidAmerican Energy's Notes to Financial Statements. In addition to MidAmerican Energy's property, plant and equipment, net, MidAmerican Funding had nonregulated property gross of $22 million as of March 31, 2016 and December 31, 2015, and related accumulated depreciation and amortization of $8 million as of March 31, 2016 and December 31, 2015, which consisted primarily of a corporate aircraft owned by MHC.
MidAmerican Energy Company [Member]  
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment, Net
(4)
Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following (in millions):
 
 
 
As of
 
 
 
March 31,
 
December 31,
 
Depreciable Life
 
2016
 
2015
Utility plant in service, net:
 
 
 
 
 
Generation
20-70 years
 
$
10,499

 
$
10,404

Transmission
52-70 years
 
1,304

 
1,305

Electric distribution
20-70 years
 
3,086

 
3,059

Gas distribution
28-70 years
 
1,519

 
1,507

Utility plant in service
 
 
16,408

 
16,275

Accumulated depreciation and amortization
 
 
(5,312
)
 
(5,229
)
Utility plant in service, net
 
 
11,096

 
11,046

Nonregulated property, net:
 
 
 
 
 
Nonregulated property gross
5-45 years
 
7

 
15

Accumulated depreciation and amortization
 
 
(1
)
 
(5
)
Nonregulated property, net
 
 
6

 
10

 
 
 
11,102

 
11,056

Construction work in progress
 
 
657

 
667

Property, plant and equipment, net
 
 
$
11,759

 
$
11,723

PacifiCorp [Member]  
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following (in millions):

 
 
 
As of
 
 
 
March 31,
 
December 31,
 
Depreciable Life
 
2016
 
2015
 
 
 
 
 
 
Property, plant and equipment in-service
5-75 years
 
$
26,822

 
$
26,757

Accumulated depreciation and amortization
 
 
(8,485
)
 
(8,360
)
Net property, plant and equipment in-service
 
 
18,337

 
18,397

Construction work-in-progress
 
 
699

 
629

Total property, plant and equipment, net
 
 
$
19,036

 
$
19,026

Nevada Power Company [Member]  
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following (in millions):
 
 
 
As of
 
Depreciable Life
 
March 31,
 
December 31,
 
 
2016
 
2015
Utility plant:
 
 
 
 
 
Generation
25 - 80 years
 
$
4,228

 
$
4,212

Distribution
20 - 65 years
 
3,148

 
3,118

Transmission
45 - 65 years
 
1,796

 
1,788

General and intangible plant
5 - 65 years
 
721

 
694

Utility plant
 
 
9,893

 
9,812

Accumulated depreciation and amortization
 
 
(3,034
)
 
(2,971
)
Utility plant, net
 
 
6,859

 
6,841

Other non-regulated, net of accumulated depreciation and amortization
5 - 65 years
 
2

 
2

Plant, net
 
 
6,861

 
6,843

Construction work-in-progress
 
 
135

 
153

Property, plant and equipment, net
 
 
$
6,996

 
$
6,996

Sierra Pacific Power Company [Member]  
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following (in millions):
 
 
 
As of
 
Depreciable Life
 
March 31,
 
December 31,
 
 
2016
 
2015
Utility plant:
 
 
 
 
 
Electric generation
40 - 125 years
 
$
1,128

 
$
1,134

Electric distribution
20 - 70 years
 
1,393

 
1,382

Electric transmission
50 - 70 years
 
748

 
739

Electric general and intangible plant
5 - 65 years
 
156

 
139

Natural gas distribution
40 - 70 years
 
375

 
374

Natural gas general and intangible plant
8 - 10 years
 
15

 
13

Common general
5 - 65 years
 
264

 
265

Utility plant
 
 
4,079

 
4,046

Accumulated depreciation and amortization
 
 
(1,382
)
 
(1,368
)
Utility plant, net
 
 
2,697

 
2,678

Construction work-in-progress
 
 
73

 
88

Property, plant and equipment, net
 
 
$
2,770

 
$
2,766