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Consolidated Balance Sheets - MidAmerican Funding LLC - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,096 $ 1,290
Inventories 1,122 1,168
Other current assets 1,628 2,458
Total current assets 8,248 9,447
Property, plant and equipment, net 89,816 86,128
Goodwill 11,650 11,506
Regulatory assets 3,419 3,157
Investments and restricted cash and cash equivalents and investments 15,788 14,320
Other assets 3,144 2,758
Total assets 132,065 127,316
Current liabilities:    
Accounts payable 2,136 1,867
Accrued interest 537 555
Accrued property, income and other taxes 606 582
Other current liabilities 1,837 1,626
Total current liabilities 8,762 9,138
Regulatory liabilities 6,960 7,221
Deferred income taxes 12,938 11,775
Asset retirement obligations 1,210 1,157
Other long-term liabilities 4,319 4,178
Total liabilities 81,476 80,339
Commitments and contingencies
Equity:    
Additional paid-in capital 6,374 6,377
Retained earnings 40,754 35,093
Total shareholder's equity 46,694 43,010
Total liabilities and shareholder's equity 132,065 127,316
MidAmerican Funding, LLC    
Current assets:    
Cash and cash equivalents 233 39
Trade receivables, net 526 234
Income taxes receivable 80 0
Inventories 234 278
Other current assets 123 74
Total current assets 1,196 625
Property, plant and equipment, net 20,302 19,279
Goodwill 1,270 1,270
Regulatory assets 473 392
Investments and restricted cash and cash equivalents and investments 1,028 913
Other assets 262 232
Total assets 24,531 22,711
Current liabilities:    
Accounts payable 531 408
Accrued interest 89 83
Accrued property, income and other taxes 158 161
Note payable to affiliate 189 177
Other current liabilities 146 183
Total current liabilities 1,113 1,012
Long-term debt 7,961 7,450
Regulatory liabilities 1,080 1,111
Deferred income taxes 3,387 3,052
Asset retirement obligations 714 709
Other long-term liabilities 475 458
Total liabilities 14,730 13,792
Commitments and contingencies
Equity:    
Additional paid-in capital 1,679 1,679
Retained earnings 8,122 7,240
Total shareholder's equity 9,801 8,919
Total liabilities and shareholder's equity $ 24,531 $ 22,711