XML 89 R52.htm IDEA: XBRL DOCUMENT v3.4.0.3
Income Taxes (Tables)
3 Months Ended
Mar. 31, 2016
Schedule of Effective Income Tax Rate Reconciliation [Line Items]  
Schedule of Effective Income Tax Rate Reconciliation
A reconciliation of the federal statutory income tax rate to the effective income tax rate applicable to income before income tax expense is as follows:
 
Three-Month Periods
 
Ended March 31,
 
2016
 
2015
 
 
 
 
Federal statutory income tax rate
35
 %
 
35
 %
Income tax credits
(14
)
 
(11
)
State income tax, net of federal income tax benefit
(4
)
 
2

Income tax effect of foreign income
(5
)
 
(4
)
Equity income
2

 
2

Other, net

 
(2
)
Effective income tax rate
14
 %
 
22
 %
MidAmerican Energy Company [Member]  
Schedule of Effective Income Tax Rate Reconciliation [Line Items]  
Schedule of Effective Income Tax Rate Reconciliation
A reconciliation of the federal statutory income tax rate to MidAmerican Energy's effective income tax rate applicable to income before income tax benefit from continuing operations is as follows:
 
Three-Month Periods
 
Ended March 31,
 
2016
 
2015
 
 
 
 
Federal statutory income tax rate
35
 %
 
35
 %
Income tax credits
(57
)
 
(63
)
State income tax, net of federal income tax benefit
5

 
4

Effects of ratemaking
(12
)
 
(11
)
Other, net

 
(1
)
Effective income tax rate
(29
)%
 
(36
)%
MidAmerican Funding, LLC and Subsidiaries [Domain]  
Schedule of Effective Income Tax Rate Reconciliation [Line Items]  
Schedule of Effective Income Tax Rate Reconciliation
A reconciliation of the federal statutory income tax rate to MidAmerican Funding's effective income tax rate applicable to income before income tax benefit from continuing operations is as follows:
 
Three-Month Periods
 
Ended March 31,
 
2016
 
2015
 
 
 
 
Federal statutory income tax rate
35
 %
 
35
 %
Income tax credits
(62
)
 
(55
)
State income tax, net of federal income tax benefit
5

 
3

Effects of ratemaking
(14
)
 
(10
)
Other, net
1

 
(1
)
Effective income tax rate
(35
)%
 
(28
)%