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Related Party Transactions

12 Months Ended

Dec. 31, 2022

PacifiCorp has an intercompany administrative services agreement and a mutual assistance agreement with BHE and its subsidiaries. Amounts charged to PacifiCorp by BHE and its subsidiaries under these agreements totaled $123 million, $70 million and $14 million during the years ended December 31, 2022, 2021 and 2020, respectively. Amounts charged to PacifiCorp in 2022 and 2021 were primarily reflected in construction work in progress on the Consolidated Balance Sheets as of December 31, 2022 and 2021. Payables associated with the charges were $16 million and $9 million as of December 31, 2022 and 2021, respectively. Amounts charged by PacifiCorp to BHE and its subsidiaries under these agreements totaled $23 million, $8 million and $5 million during the years ended December 31, 2022, 2021 and 2020, respectively. Such amounts primarily relate to information technology projects and other costs managed at a consolidated level and allocated or passed through to affiliates.

PacifiCorp also engages in various transactions with several subsidiaries of BHE in the ordinary course of business. Services provided by these subsidiaries in the ordinary course of business and charged to PacifiCorp primarily relate to wholesale electricity purchases and transmission of electricity, transportation of natural gas and employee relocation services. These expenses totaled $8 million, $6 million and $6 million during the years ended December 31, 2022, 2021 and 2020, respectively.

PacifiCorp has long-term transportation contracts with BNSF Railway Company, an indirect wholly owned subsidiary of Berkshire Hathaway, PacifiCorp's ultimate parent company. Transportation costs under these contracts were $21 million, $19 million and $29 million during the years ended December 31, 2022, 2021 and 2020, respectively.

PacifiCorp has a long-term master materials supply contract with Marmon Utility, LLC, an indirect wholly owned subsidiary of a holding company in which Berkshire Hathaway holds a majority interest. Materials and supplies purchased under this contract were $8 million, $2 million and $3 million during the years ended December 31, 2022, 2021 and 2020, respectively.

PacifiCorp is party to a tax-sharing agreement and is part of the Berkshire Hathaway consolidated U.S. federal income tax return. Federal and state income taxes receivable from BHE were $84 million and $48 million as of December 31, 2022 and 2021, respectively. For the years ended December 31, 2022 and 2021, cash refunded from BHE for federal and state income taxes totaled $185 million and $120 million, respectively. For the year ended December 31, 2020, cash paid to BHE for federal and state income taxes totaled $107 million.

PacifiCorp transacts with its equity investees, Bridger Coal and Trapper Mining Inc. Services provided by equity investees to PacifiCorp primarily relate to coal purchases. During the years ended December 31, 2022, 2021 and 2020, coal purchases from PacifiCorp's equity investees totaled $119 million, $148 million and $145 million, respectively. Payables to PacifiCorp's equity investees were $10 million and $7 million as of December 31, 2022 and 2021, respectively.

MEC

Related Party Transactions

The companies identified as affiliates of MidAmerican Energy are Berkshire Hathaway and its subsidiaries, including BHE and its subsidiaries. The basis for the following transactions is provided for in service agreements between MidAmerican Energy and the affiliates.

MidAmerican Energy is reimbursed for charges incurred on behalf of its affiliates. The majority of these reimbursed expenses are for general costs, such as insurance and building rent, and for employee wages, benefits and costs related to corporate functions such as information technology, human resources, treasury, legal and accounting. The amount of such reimbursements was $78 million, $66 million and $47 million for 2022, 2021 and 2020, respectively.

MidAmerican Energy reimbursed BHE in the amount of $79 million, $72 million and $15 million in 2022, 2021 and 2020, respectively, for its share of corporate expenses and other costs. Amounts charged to MidAmerican Energy in 2022 and 2021 were primarily reflected in construction work-in-progress on the Balance Sheets as of December 31, 2022 and 2021.

MidAmerican Energy purchases, in the normal course of business at either tariffed or market prices, natural gas transportation and storage capacity services from Northern Natural Gas Company, a wholly owned subsidiary of BHE, and coal transportation services from BNSF Railway Company, an indirect wholly owned subsidiary of Berkshire Hathaway. These purchases totaled $141 million, $132 million and $129 million in 2022, 2021 and 2020, respectively. Additionally, in 2020, MidAmerican Energy paid $7 million to BHE Renewables, LLC, a wholly owned subsidiary of BHE, for the purchase of wind turbine components.

MidAmerican Energy had accounts receivable from affiliates of $9 million and $10 million as of December 31, 2022 and 2021, respectively, that are included in other current assets on the Balance Sheets. MidAmerican Energy also had accounts payable to affiliates of $22 million and $17 million as of December 31, 2022 and 2021, respectively, that are included in accounts payable on the Balance Sheets.

MidAmerican Energy is party to a tax-sharing agreement and is part of the Berkshire Hathaway consolidated U.S. federal income tax return. For current federal and state income taxes, MidAmerican Energy had a receivable from BHE of $42 million and $79 million as of December 31, 2022 and 2021, respectively. MidAmerican Energy received net cash payments for federal and state income taxes from BHE totaling $840 million, $746 million and $709 million for the years ended December 31, 2022, 2021 and 2020, respectively.

MidAmerican Energy recognizes the full amount of the funded status for its pension and postretirement plans, and amounts attributable to MidAmerican Energy's affiliates that have not previously been recognized through income are recognized as an intercompany balance with such affiliates. MidAmerican Energy adjusts these balances when changes to the funded status of the respective plans are recognized and does not intend to settle the balances currently. Amounts receivable from affiliates attributable to the funded status of employee benefit plans totaled $79 million and $124 million as of December 31, 2022 and 2021, respectively, and are included in other assets on the Balance Sheets. Similar amounts payable to affiliates totaled $40 million and $63 million as of December 31, 2022 and 2021, respectively, and are included in other long-term liabilities on the Balance Sheets. See Note 10 for further information pertaining to pension and postretirement accounting.

MidAmerican Funding, LLC

Related Party Transactions

The companies identified as affiliates of MidAmerican Funding are Berkshire Hathaway and its subsidiaries, including BHE and its subsidiaries. The basis for the following transactions is provided for in-service agreements between MidAmerican Funding and the affiliates.

MidAmerican Funding is reimbursed for charges incurred on behalf of its affiliates. The majority of these reimbursed expenses are for allocated general costs, such as insurance and building rent, and for employee wages, benefits and costs for corporate functions, such as information technology, human resources, treasury, legal and accounting. The amount of such reimbursements was $77 million, $65 million and $46 million for 2022, 2021 and 2020, respectively.

MidAmerican Funding reimbursed BHE in the amount of $79 million, $72 million and $15 million in 2022, 2021 and 2020, respectively, for its share of corporate expenses and other costs. Amounts charged to MidAmerican Funding in 2022 and 2021 were primarily reflected in construction work-in-progress on the Consolidated Balance Sheets as of December 31, 2022 and 2021.

MidAmerican Energy purchases, in the normal course of business at either tariffed or market prices. natural gas transportation and storage capacity services from Northern Natural Gas Company, a wholly owned subsidiary of BHE and coal transportation services from BNSF Railway Company, a wholly-owned subsidiary of Berkshire Hathaway. These purchases totaled $141 million, $132 million and $129 million in 2022, 2021 and 2020, respectively. Additionally, in 2020, MidAmerican Energy paid $7 million to BHE Renewables, LLC, a wholly owned subsidiary of BHE, for the purchase of wind turbine components.

MHC has a $300 million revolving credit arrangement carrying interest at SOFR, plus a spread to borrow from BHE. Outstanding balances are unsecured and due on demand. The outstanding balance was $— million as of December 31, 2022, and $189 million at an interest rate of 0.353% as of December 31, 2021, and is reflected as note payable to affiliate on the Consolidated Balance Sheet. During 2022, MHC received $275 million in the form of a dividend from MidAmerican Energy that was used to pay off the note payable to BHE.

BHE has a $100 million revolving credit arrangement, carrying interest at SOFR, plus a spread to borrow from MHC. Outstanding balances are unsecured and due on demand. There were no borrowings outstanding throughout 2022 and 2021.

MidAmerican Funding had accounts receivable from affiliates of $10 million and $11 million as of December 31, 2022 and 2021, respectively, that are included in other current assets on the Consolidated Balance Sheets. MidAmerican Funding also had accounts payable to affiliates of $22 million and $17 million as of December 31, 2022 and 2021, respectively, that are included in accounts payable on the Consolidated Balance Sheets.

MidAmerican Funding is party to a tax-sharing agreement and is part of the Berkshire Hathaway consolidated U.S. federal income tax return. For current federal and state income taxes, MidAmerican Funding had a receivable from BHE of $43 million and $80 million as of December 31, 2022 and 2021, respectively. MidAmerican Funding received net cash payments for federal and state income taxes from BHE totaling $845 million, $751 million and $715 million for the years ended December 31, 2022, 2021 and 2020, respectively.

MidAmerican Funding recognizes the full amount of the funded status for its pension and postretirement plans, and amounts attributable to MidAmerican Funding's affiliates that have not previously been recognized through income are recognized as an intercompany balance with such affiliates. MidAmerican Funding adjusts these balances when changes to the funded status of the respective plans are recognized and does not intend to settle the balances currently. Amounts receivable from affiliates attributable to the funded status of employee benefit plans totaled $79 million and $124 million as of December 31, 2022 and 2021, respectively, and are included in other assets on the Consolidated Balance Sheets. Similar amounts payable to affiliates totaled $40 million and $63 million as of December 31, 2022 and 2021, respectively, and are included in other long-term liabilities on the Consolidated Balance Sheets. See Note 10 for further information pertaining to pension and postretirement accounting.

The indenture pertaining to MidAmerican Funding's long-term debt restricts MidAmerican Funding from paying a distribution on its equity securities, unless after making such distribution either its debt to total capital ratio does not exceed 0.67:1.0 and its interest coverage ratio is not less than 2.2:1.0 or its senior secured long-term debt rating is at least BBB or its equivalent. MidAmerican Funding may seek a release from this restriction upon delivery to the indenture trustee of written confirmation from the ratings agencies that without this restriction MidAmerican Funding's senior secured long-term debt would be rated at least BBB+.

NPC

Related Party Transactions

Nevada Power has an intercompany administrative services agreement with BHE and its subsidiaries. Amounts charged to Nevada Power under this agreement, either directly or through NV Energy, totaled $46 million, $30 million and $6 million for the years ended December 31, 2022, 2021 and 2020, respectively. Amounts charged to Nevada Power in 2022 and 2021 primarily relate to information technology projects billed at a consolidated level and passed through to affiliates.

Kern River Gas Transmission Company, an indirect subsidiary of BHE, provided natural gas transportation and other services to Nevada Power of $49 million, $52 million, $52 million for the years ended December 31, 2022, 2021 and 2020, respectively. As of December 31, 2022 and 2021, Nevada Power's Consolidated Balance Sheets included amounts due to Kern River Gas Transmission Company of $3 million and $4 million, respectively.

Nevada Power provided electricity and other services to PacifiCorp, an indirect subsidiary of BHE, of $4 million, $3 million and $3 million for the years ended December 31, 2022, 2021 and 2020, respectively. There were no receivables associated with these services as of December 31, 2022 and 2021. PacifiCorp provided electricity and the sale of renewable energy credits to Nevada Power of $— million, $— million and $1 million for the years ended December 31, 2022, 2021, and 2020, respectively. There were no payables associated with these transactions as of December 31, 2022 and 2021.

Nevada Power provided electricity to Sierra Pacific of $362 million, $179 million and $106 million for the years ended December 31, 2022, 2021 and 2020, respectively. Receivables associated with these transactions were $41 million and $13 million as of December 31, 2022 and 2021, respectively. Nevada Power purchased electricity from Sierra Pacific of $86 million, $43 million and $34 million for the years ended December 31, 2022, 2021 and 2020, respectively. Payables associated with these transactions were $5 million and $— million as of December 31, 2022 and 2021, respectively.

Nevada Power incurs intercompany administrative and shared facility costs with NV Energy and Sierra Pacific. These transactions are governed by an intercompany service agreement and are priced at cost. Nevada Power provided services to NV Energy of $3 million, $1 million and $— million for each of the years ending December 31, 2022, 2021 and 2020, respectively. NV Energy provided services to Nevada Power of $9 million for the years ending December 31, 2022, 2021 and 2020. Nevada Power provided services to Sierra Pacific of $25 million, $25 million and $26 million for the years ended December 31, 2022, 2021 and 2020, respectively. Sierra Pacific provided services to Nevada Power of $16 million, $15 million and $15 million for the years ended December 31, 2022, 2021 and 2020, respectively. As of December 31, 2022 and 2021, Nevada Power's Consolidated Balance Sheets included amounts due to NV Energy of $51 million and $33 million, respectively. There were no receivables due from NV Energy as of December 31, 2022 and 2021. In November 2022, Nevada Power entered into a $100 million unsecured note with NV Energy receivable upon demand and $100 million was outstanding as of December 31, 2022. As of December 31, 2022 and 2021, Nevada Power's Consolidated Balance Sheets included receivables due from Sierra Pacific of $33 million and $2 million, respectively. There were no payables due to Sierra Pacific as of December 31, 2022 and 2021.

Nevada Power is party to a tax-sharing agreement with NV Energy and NV Energy is part of the Berkshire Hathaway consolidated U.S. federal income tax return. As of December 31, 2022 and 2021 federal income taxes receivable from NV Energy were $12 million and $27 million, respectively. Nevada Power received cash refunds of $29 million for federal income taxes for the year ended December 31, 2022 and made cash payments of $63 million and $50 million for federal income taxes for the years ended December 31, 2021 and 2020, respectively.

Certain disbursements for accounts payable and payroll are made by NV Energy on behalf of Nevada Power and reimbursed automatically when settled by the bank. These amounts are recorded as accounts payable at the time of disbursement.

SPPC

Related Party Transactions

Sierra Pacific has an intercompany administrative services agreement with BHE and its subsidiaries. Amounts charged to Sierra Pacific under this agreement, either directly or through NV Energy, totaled $23 million, $14 million and $4 million for the years ended December 31, 2022, 2021 and 2020. Amounts charged to Sierra Pacific in 2022 and 2021 primarily relate to information technology projects billed at a consolidated level and passed through to affiliates.

Sierra Pacific provided electricity to Nevada Power of $86 million, $43 million and $34 million for the years ended December 31, 2022, 2021 and 2020, respectively. Receivables associated with these transactions were $5 million and $— million as of December 31, 2022 and 2021, respectively. Sierra Pacific purchased electricity from Nevada Power of $362 million, $179 million and $106 million for the years ended December 31, 2022, 2021 and 2020, respectively. Payables associated with these transactions were $41 million and $13 million as of December 31, 2022 and 2021, respectively.

Sierra Pacific incurs intercompany administrative and shared facility costs with NV Energy and Nevada Power. These transactions are governed by an intercompany service agreement and are priced at cost. NV Energy provided services to Sierra Pacific of $5 million for the years ending December 31, 2022, 2021 and 2020, respectively. Sierra Pacific provided services to Nevada Power of $16 million, $15 million, and $15 million for the years ended December 31, 2022, 2021 and 2020, respectively. Nevada Power provided services to Sierra Pacific of $25 million, $25 million, and $26 million for the years ended December 31, 2022, 2021 and 2020, respectively. Sierra Pacific provided services to NV Energy of $1 million, $— million, and $— million for the years ended December 31, 2022, 2021 and 2020, respectively. As of December 31, 2022 and 2021, Sierra Pacific's Consolidated Balance Sheets included amounts due to NV Energy of $47 million and $19 million, respectively. There were no receivables due from NV Energy as of December 31, 2022 and 2021. In November 2022, Sierra Pacific entered into a $100 million unsecured note with NV Energy payable upon demand and $70 million was outstanding as of December 31, 2022. As of December 31, 2022 and 2021, Sierra Pacific's Consolidated Balance Sheets included payables due to Nevada Power of $33 million and $2 million, respectively. There were no receivables due from Nevada Power as of December 31, 2022 and 2021.

Sierra Pacific is party to a tax-sharing agreement with NV Energy and NV Energy is part of the Berkshire Hathaway consolidated U.S. federal income tax return. As of December 31, 2022 and 2021 federal income taxes receivable from NV Energy were $11 million and $— million, respectively. Sierra Pacific received cash refunds of $1 million and $3 million for federal income taxes for the years ended December 31, 2022 and 2021, respectively, and made cash payments of $2 million for federal income taxes for the year ended December 31, 2020.

Certain disbursements for accounts payable and payroll are made by NV Energy on behalf of Sierra Pacific and reimbursed automatically when settled by the bank. These amounts are recorded as accounts payable at the time of disbursement.

EEGH

Related Party Transactions

Transactions Prior to the GT&S Transaction

Prior to the GT&S Transaction, Eastern Energy Gas engaged in related party transactions primarily with other DEI subsidiaries (affiliates). Eastern Energy Gas' receivable and payable balances with affiliates were settled based on contractual terms or on a monthly basis, depending on the nature of the underlying transactions. Through October 31, 2020, Eastern Energy Gas was included in DEI's consolidated federal income tax return and, where applicable, combined state income tax returns. All affiliate payables or receivables were settled with DEI prior to the closing date of the GT&S Transaction.

Eastern Energy Gas transacted with affiliates for certain quantities of natural gas and other commodities at market prices in the ordinary course of business. Additionally, Eastern Energy Gas provided transmission and storage services to affiliates. Eastern Energy Gas also entered into certain other contracts with affiliates, and related parties, including construction services, which were presented separately from contracts involving commodities or services. Eastern Energy Gas participated in certain DEI benefit plans as described in Note 10.

DES, Carolina Gas Services, DEQPS and other affiliates provided accounting, legal, finance and certain administrative and technical services to Eastern Energy Gas. Eastern Energy Gas provided certain services to related parties, including technical services.

The financial statements for the year ended December 31, 2020 include costs for certain general, administrative and corporate expenses assigned by DES, Carolina Gas Services and DEQPS to Eastern Energy Gas on the basis of direct and allocated methods in accordance with Eastern Energy Gas' services agreements with DES, Carolina Gas Services and DEQPS. Where costs incurred cannot be determined by specific identification, the costs were allocated based on the proportional level of effort devoted by DES, Carolina Gas Services and DEQPS resources that is attributable to the entity, determined by reference to number of employees, salaries and wages and other similar measures for the relevant DES service. Management believes the assumptions and methodologies underlying the allocation of general corporate overhead expenses are reasonable.

Subsequent to the GT&S Transaction, and with the exception of Cove Point, Eastern Energy Gas' transactions with other DEI subsidiaries are no longer related party transactions.

Presented below are Eastern Energy Gas' significant transactions with DES, Carolina Gas Services, DEQPS and other affiliated and related parties for the year ended December 31 (in millions):


	2020

Sales of natural gas and transmission and storage services	$	207
Purchases of natural gas and transmission and storage services	10
Services provided by related parties(1)	129
Services provided to related parties(2)	83

(1)Includes capitalized expenditures of $14 million.

(2)Includes amounts attributable to Atlantic Coast Pipeline, a related party VIE prior to the GT&S Transaction. See below for more information.

EGTS provided services to Atlantic Coast Pipeline, which totaled $46 million for the year ended December 31, 2020, included in operating revenue in the Consolidated Statement of Operations.

Interest income related to the affiliated notes receivable under the DEI money pool was $3 million for the year ended December 31, 2020.

Eastern Energy Gas' affiliated notes receivable from DEI totaled $1.8 billion as of December 31, 2019. In August 2020, DEI repaid the remaining principal balance outstanding. Interest income on the promissory notes was $32 million for the year ended December 31, 2020.

As of December 31, 2019, Eastern Energy Gas' affiliated notes receivable from the East Ohio Gas Company totaled $1.7 billion. In June 2020, the East Ohio Gas Company repaid the remaining principal balance outstanding. Interest income on these promissory notes was $33 million for the year ended December 31, 2020.

Interest charges related to Eastern Energy Gas' total borrowings under an intercompany revolving credit agreement with DEI were $3 million for the year ended December 31, 2020.

Interest charges related to CPMLP Holdings Company LLC's total borrowings from DES were $3 million for the year ended December 31, 2020.

For the year ended December 31, 2020, Eastern Energy Gas distributed $4.3 billion to DEI.

Transactions Subsequent to the GT&S Transaction

Eastern Energy Gas is party to a tax-sharing agreement and is part of the Berkshire Hathaway consolidated U.S. federal income tax return. For current federal and state income taxes, Eastern Energy Gas had a receivable from BHE of $16 million and $8 million as of December 31, 2022 and 2021, respectively. Eastern Energy Gas received net cash receipts for federal and state income taxes from BHE totaling $47 million and $76 million for the years ended December 31, 2021 and 2020, respectively.

Other assets included amounts due from an affiliate of $3 million as of December 31, 2021.

As of December 31, 2022 and 2021, Eastern Energy Gas had $1 million and $5 million, respectively, of natural gas imbalances payable to affiliates, presented in other current liabilities on the Consolidated Balance Sheets.

Presented below are Eastern Energy Gas' significant transactions with affiliated and related parties for the years ended December 31 (in millions):


	2022		2021		2020

Sales of natural gas and transmission and storage services	$	27	$	32	$	4
Purchases of natural gas and transmission and storage services	4		5		—
Services provided by related parties(1)	83		51		4
Services provided to related parties	38		32		7

(1)Includes capitalized expenditures.

Eastern Energy Gas participates in certain MidAmerican Energy benefit plans as described in Note 10. As of December 31, 2022 and 2021, Eastern Energy Gas' amount due to MidAmerican Energy associated with these plans and reflected in other long-term liabilities on the Consolidated Balance Sheets was $51 million and $95 million, respectively.

Borrowings with BHE GT&S

Eastern Energy Gas has a $400 million intercompany revolving credit agreement from its parent, BHE GT&S, expiring in November 2023. The credit facility, which is for general corporate purposes and provides for the issuance of letters of credit, has a variable interest rate based on the Secured Overnight Financing Rate ("SOFR") plus a fixed spread. There were no amounts outstanding under the credit agreement as of both December 31, 2022 and 2021.

BHE GT&S has an intercompany revolving credit agreement from Eastern Energy Gas expiring in November 2023. In March 2021, BHE GT&S increased its credit facility limit from $200 million to $400 million and to $650 million in November 2022. The credit agreement has a variable interest rate based on SOFR plus a fixed spread. As of December 31, 2022 and 2021, $536 million and $7 million, respectively, was outstanding under the credit agreement. Interest income related to this borrowing totaled $7 million for the year ended December 31, 2022.

EGTS

Related Party Transactions

Transactions Prior to the GT&S Transaction

Prior to the GT&S Transaction, EGTS engaged in related party transactions primarily with other DEI subsidiaries (affiliates). EGTS' receivable and payable balances with affiliates were settled based on contractual terms or on a monthly basis, depending on the nature of the underlying transactions. Through October 31, 2020, EGTS was included in DEI's consolidated federal income tax return and, where applicable, combined state income tax returns. All affiliate payables or receivables were settled with DEI prior to the closing date of the GT&S Transaction.

EGTS transacted with affiliates for certain quantities of natural gas and other commodities at market prices in the ordinary course of business. Additionally, EGTS provided transmission and storage services to affiliates. EGTS also entered into certain other contracts with affiliates, and related parties, including construction services, which were presented separately from contracts involving commodities or services. EGTS participated in certain DEI benefit plans as described in Note 11.

DES and other affiliates provided accounting, legal, finance and certain administrative and technical services to EGTS. EGTS provided certain services to related parties, including technical services.

The financial statements for the year ended 2020 includes costs for certain general, administrative and corporate expenses assigned by DES to EGTS on the basis of direct and allocated methods in accordance with EGTS' services agreements with DES. Where costs incurred cannot be determined by specific identification, the costs were allocated based on the proportional level of effort devoted by DES resources that is attributable to the entity, determined by reference to number of employees, salaries and wages and other similar measures for the relevant DES service. Management believes the assumptions and methodologies underlying the allocation of general corporate overhead expenses are reasonable.

Subsequent to the GT&S Transaction EGTS' transactions with other DEI subsidiaries are no longer related party transactions.

Presented below are EGTS' significant transactions with DES and other affiliated and related parties for the year ended December 31 (in millions):


	2020

Sales of natural gas and transmission and storage services	$	71
Purchases of natural gas and transmission and storage services	7
Services provided by related parties(1)	67
Services provided to related parties(2)	86

(1)Includes capitalized expenditures of $14 million.

(2)Includes amounts attributable to Atlantic Coast Pipeline, a related party VIE prior to the GT&S Transaction. See below for more information.

EGTS provided services to Atlantic Coast Pipeline, which totaled $46 million for the year ended December 31, 2020, included in operating revenue in the Consolidated Statement of Operations.

Transactions Subsequent to the GT&S Transaction

EGTS is party to a tax-sharing agreement and is part of the Berkshire Hathaway Inc. consolidated U.S. federal income tax return. For current federal and state income taxes, EGTS had a receivable from BHE of $21 million and $11 million as of December 31, 2022 and 2021, respectively. EGTS received net cash receipts for federal and state income taxes from BHE totaling $10 million for the year ended December 31, 2021, and paid net cash payments for federal and state income taxes to BHE totaling $7 million for the year ended December 31, 2020.

Trade receivables, net as of both December 31, 2022 and 2021 included $2 million of accrued unbilled revenue. This revenue is based on estimated amounts of services provided but not yet billed to an affiliate.

As of December 31, 2022 and 2021, EGTS had $10 million and $8 million, respectively, of natural gas imbalances payable to affiliates, presented in other current liabilities on the Consolidated Balance Sheets.

EGTS participates in certain MidAmerican Energy benefit plans as described in Note 11. As of December 31, 2022 and 2021, EGTS' amount due to MidAmerican Energy associated with these plans and reflected in other long-term liabilities on the Consolidated Balance Sheets was $47 million and $85 million, respectively.

Presented below are EGTS' significant transactions with related parties for the years ended December 31 (in millions):


	2022		2021		2020

Sales of natural gas and transmission and storage services	$	26	$	28	$	4
Purchases of natural gas and transmission and storage services	4		5		—
Services provided by related parties	46		26		2
Services provided to related parties	62		57		10

Borrowings With Eastern Energy Gas

EGTS has a $400 million intercompany revolving credit agreement from its parent, Eastern Energy Gas, expiring in November 2023. The credit agreement, which is for general corporate purposes, has a variable interest rate based on the Secured Overnight Financing Rate ("SOFR") plus a fixed spread. Net outstanding borrowings totaled $36 million with a weighted-average interest rate of 1.43% as of December 31, 2022 and $68 million with a weighted-average interest rate of 0.51% as of December 31, 2021. Interest expense related to these borrowings totaled $1 million for the year ended December 31, 2020.

In March 2021, Eastern Energy Gas entered into a $400 million intercompany revolving credit agreement from EGTS that currently expires in March 2024. The credit agreement, which is for general corporate purposes, has a variable interest rate based on SOFR plus a fixed spread. Net outstanding borrowings totaled $2,071 as of December 31, 2021. Interest income related to this borrowing totaled $2,071 for the year ended December 31, 2021.

EGTS had also borrowed from Eastern Energy Gas pursuant to a series of long-term notes with fixed interest rates ranging from 3.6% to 5.0%, due 2024 to 2047. EGTS incurred interest charges related to these borrowings of $44 million and $88 million for the years ended December 31, 2021 and 2020, respectively. Refer to Note 9 for more information.