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Long-term Debt and Capital Lease Obligations Long-term Debt and Capital Lease Obligations (Tables)
12 Months Ended
Dec. 31, 2013
Long-term Debt and Capital Lease Obligations [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]
PacifiCorp's long-term debt and capital lease obligations were as follows as of December 31 (in millions):

 
2013
 
2012
 
 
 
 
 
Average
 
 
 
Average
 
Principal
 
Carrying
 
Interest
 
Carrying
 
Interest
 
Amount
 
Value
 
Rate
 
Value
 
Rate
 
 
 
 
 
 
 
 
 
 
First mortgage bonds:
 
 
 
 
 
 
 
 
 
5.0% to 8.7%, due through 2018
$
721

 
$
721

 
5.5
%
 
$
941

 
5.6
%
3.0% to 8.5%, due 2019 to 2023
1,824

 
1,821

 
4.5

 
1,522

 
4.8

6.7% due 2026
100

 
100

 
6.7

 
100

 
6.7

7.7% due 2031
300

 
299

 
7.7

 
299

 
7.7

5.3% to 6.4%, due 2034 to 2038
2,350

 
2,346

 
6.0

 
2,346

 
6.0

4.1% to 6.0%, due 2039 to 2042
950

 
944

 
5.4

 
943

 
5.4

Tax-exempt bond obligations:
 
 
 
 
 
 
 
 
 
Variable rates, due 2013(1)(2)

 

 

 
41

 
0.14

Variable rates, due 2014 to 2025(2)
325

 
325

 
0.17

 
325

 
0.15

Variable rates, due 2016 to 2024(1)(2)
221

 
221

 
0.06

 
221

 
0.15

Variable rates, due 2014 to 2025(1)(3)
51

 
51

 
0.22

 
68

 
4.02

Total long-term debt
6,842

 
6,828

 
 
 
6,806

 
 
Capital lease obligations:
 
 
 
 
 
 
 
 
 
8.75% to 14.61%, due through 2036
49

 
49

 
11.47

 
55

 
11.30

Total long-term debt and capital lease
 
 
 
 
 
 
 
 
 
obligations
$
6,891

 
$
6,877

 
 
 
$
6,861

 
 
Reflected as:
 
 
 
 
2013
 
2012
 
 
 
 
Current portion of long-term debt and capital lease obligations
$
238

 
$
267

Long-term debt and capital lease obligations
6,639

 
6,594

Total long-term debt and capital lease obligations
$
6,877

 
$
6,861


(1)
Secured by pledged first mortgage bonds registered to and held by the tax-exempt bond trustee generally with the same interest rates, maturity dates and redemption provisions as the tax-exempt bond obligations.
(2)
Supported by $559 million and $601 million of fully available letters of credit issued under committed bank arrangements as of December 31, 2013 and 2012, respectively.
(3)
Interest rates were fixed at 3.90% to 4.13% as of December 31, 2012 and were scheduled to reset to variable or fixed in June 2013. In June 2013, $17 million of these tax-exempt bond obligations were redeemed and retired prior to their scheduled 2014 maturity date. The interest rates for the remaining $51 million were reset to variable interest rates.
Schedule of Maturities of Long-term Debt [Table Text Block]
As of December 31, 2013, the annual maturities of long-term debt and capital lease obligations, excluding unamortized discounts and including interest on capital lease obligations, for 2014 and thereafter are as follows (in millions):

 
Long-term
 
Capital Lease
 
 
 
Debt
 
Obligations
 
Total
 
 
 
 
 
 
2014
$
236

 
$
8

 
$
244

2015
122

 
7

 
129

2016
57

 
7

 
64

2017
52

 
11

 
63

2018
586

 
7

 
593

Thereafter
5,789

 
61

 
5,850

Total
6,842

 
101

 
6,943

Unamortized discount
(14
)
 

 
(14
)
Amounts representing interest

 
(52
)
 
(52
)
Total
$
6,828

 
$
49

 
$
6,877