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BHE Debt (Tables)
12 Months Ended
Dec. 31, 2016
MEHC Debt [Abstract]  
BHE Debt [Table Text Block]
Junior Subordinated Debentures

BHE junior subordinated debentures consists of the following as of December 31 (in millions):
 
Par Value
 
2016
 
2015
 
 
 
 
 
 
Junior subordinated debentures, due 2043
$

 
$

 
$
1,444

Junior subordinated debentures, due 2044
944

 
944

 
1,500

Total BHE junior subordinated debentures - noncurrent
$
944

 
$
944

 
$
2,944

Senior Debt

BHE senior debt represents unsecured senior obligations of BHE that are redeemable in whole or in part at any time generally with make-whole premiums. BHE senior debt consists of the following, including unamortized premiums, discounts and debt issuance costs, as of December 31 (in millions):
 
Par Value
 
2016
 
2015
 
 
 
 
 
 
1.10% Senior Notes, due 2017
$
400

 
$
400

 
$
399

5.75% Senior Notes, due 2018
650

 
649

 
648

2.00% Senior Notes, due 2018
350

 
349

 
348

2.40% Senior Notes, due 2020
350

 
349

 
348

3.75% Senior Notes, due 2023
500

 
497

 
497

3.50% Senior Notes, due 2025
400

 
397

 
397

8.48% Senior Notes, due 2028
475

 
477

 
477

6.125% Senior Bonds, due 2036
1,700

 
1,690

 
1,690

5.95% Senior Bonds, due 2037
550

 
547

 
547

6.50% Senior Bonds, due 2037
1,000

 
987

 
987

5.15% Senior Notes, due 2043
750

 
739

 
739

4.50% Senior Notes, due 2045
750

 
737

 
737

Total BHE Senior Debt
$
7,875

 
$
7,818

 
$
7,814

 
 
 
 
 
 
Reflected as:
 
 
 
 
 
Current liabilities
 
 
$
400

 
$

Noncurrent liabilities
 
 
7,418

 
7,814

Total BHE Senior Debt
 
 
$
7,818

 
$
7,814

Long-term debt of subsidiaries consists of the following, including fair value adjustments and unamortized premiums, discounts and debt issuance costs, as of December 31 (in millions):
 
Par Value
 
2016
 
2015
 
 
 
 
 
 
PacifiCorp
$
7,120

 
$
7,079

 
$
7,159

MidAmerican Funding
4,657

 
4,592

 
4,560

NV Energy
4,569

 
4,582

 
4,860

Northern Powergrid
2,351

 
2,379

 
2,772

BHE Pipeline Group
995

 
990

 
1,040

BHE Transmission
4,068

 
4,058

 
3,467

BHE Renewables
3,716

 
3,674

 
3,356

Total subsidiary debt
$
27,476

 
$
27,354

 
$
27,214

 
 
 
 
 
 
Reflected as:
 
 
 
 
 
Current liabilities
 
 
$
606

 
$
1,148

Noncurrent liabilities
 
 
26,748

 
26,066

Total subsidiary debt
 
 
$
27,354

 
$
27,214

MidAmerican Energy's long-term debt consists of the following, including amounts maturing within one year and unamortized premiums, discounts and debt issuance costs, as of December 31 (dollars in millions):
 
Par Value
 
2016
 
2015
 
 
 
 
 
 
First mortgage bonds:
 
 
 
 
 
2.40%, due 2019
$
500

 
$
499

 
$
499

3.70%, due 2023
250

 
248

 
248

3.50%, due 2024
500

 
501

 
502

4.80%, due 2043
350

 
345

 
345

4.40%, due 2044
400

 
394

 
394

4.25%, due 2046
450

 
445

 
444

Notes:
 
 
 
 
 
5.95% Series, due 2017
250

 
250

 
250

5.3% Series, due 2018
350

 
350

 
349

6.75% Series, due 2031
400

 
396

 
395

5.75% Series, due 2035
300

 
298

 
298

5.8% Series, due 2036
350

 
347

 
347

Transmission upgrade obligation, 4.45% and 3.42% due through 2035 and 2036, respectively
10

 
7

 
4

Variable-rate tax-exempt bond obligation series: (weighted average interest rate- 2016-0.76%, 2015-0.03%):
 
 
 
 
 
Due 2016

 

 
33

Due 2017

 

 
4

Due 2023, issued in 1993
7

 
7

 
7

Due 2023, issued in 2008
57

 
57

 
57

Due 2024
35

 
35

 
35

Due 2025
13

 
13

 
13

Due 2036
33

 
33

 

Due 2038
45

 
45

 
45

Due 2046
30

 
29

 

Capital lease obligations - 4.16%, due through 2020
2

 
2

 
2

Total
$
4,332

 
$
4,301

 
$
4,271