Regulatory Matters Regulatory Matters (Tables)

12 Months Ended

Dec. 31, 2013

Regulatory Assets and Liabilities [Abstract]

Regulatory assets represent costs that are expected to be recovered in future rates. PacifiCorp's regulatory assets reflected on the Consolidated Balance Sheets consist of the following as of December 31 (in millions):



	Weighted
	Average
	Remaining
	Life	2013		2012

Deferred income taxes⁽¹⁾	33 years	$	461	$	456
Employee benefit plans⁽²⁾	9 years	390		776
Unamortized contract values	8 years	146		166
Deferred net power costs	2 years	139		135
Unrealized loss on derivative contracts	4 years	55		121
Other	Various	193		181
Total regulatory assets		$	1,384	$	1,835

Reflected as:
Current assets		$	94	$	62
Noncurrent assets		1,290		1,773
Total regulatory assets		$	1,384	$	1,835


(1)	Amounts primarily represent income tax benefits and expense related to certain property-related basis differences and other various items that PacifiCorp is required to pass on to its customers.


(2)	Represents amounts not yet recognized as a component of net periodic benefit cost that are expected to be included in rates when recognized.

Regulatory Liabilities [Table Text Block]

Regulatory liabilities represent income to be recognized or amounts to be returned to customers in future periods. PacifiCorp's regulatory liabilities reflected on the Consolidated Balance Sheets consist of the following as of December 31 (in millions):



	Weighted
	Average
	Remaining
	Life	2013		2012

Cost of removal⁽¹⁾	33 years	$	843	$	810
Deferred income taxes	Various	21		21
Other	Various	70		82
Total regulatory liabilities		$	934	$	913

Reflected as:
Current liabilities		$	55	$	62
Noncurrent liabilities		879		851
Total regulatory liabilities		$	934	$	913


(1)	Amounts represent estimated costs, as accrued through depreciation rates and exclusive of ARO liabilities, of removing property, plant and equipment in accordance with accepted regulatory practices. Amounts are deducted from rate base or otherwise accrue a carrying cost.