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Property, Plant and Equipment, Net
3 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following (in millions):
 
 
 
As of
 
Depreciable
 
March 31,
 
December 31,
 
Life
 
2019
 
2018
Regulated assets:
 
 
 
 
 
Utility generation, transmission and distribution systems
5-80 years
 
$
77,659

 
$
76,707

Interstate natural gas pipeline assets
3-80 years
 
7,547

 
7,524

 
 
 
85,206

 
84,231

Accumulated depreciation and amortization
 
 
(26,253
)
 
(25,894
)
Regulated assets, net
 
 
58,953

 
58,337

 
 
 
 

 
 

Nonregulated assets:
 
 
 

 
 

Independent power plants
5-30 years
 
6,844

 
6,826

Other assets
3-30 years
 
1,474

 
1,424

 
 
 
8,318

 
8,250

Accumulated depreciation and amortization
 
 
(1,711
)
 
(1,610
)
Nonregulated assets, net
 
 
6,607

 
6,640

 
 
 
 

 
 

Net operating assets
 
 
65,560

 
64,977

Construction work-in-progress
 
 
3,388

 
3,110

Property, plant and equipment, net
 
 
$
68,948

 
$
68,087



Construction work-in-progress includes $3.2 billion as of March 31, 2019 and $2.9 billion as of December 31, 2018, related to the construction of regulated assets.
MidAmerican Funding, LLC and Subsidiaries [Domain]  
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net

Refer to Note 3 of MidAmerican Energy's Notes to Financial Statements. In addition to MidAmerican Energy's property, plant and equipment, net, MidAmerican Funding had as of March 31, 2019 and December 31, 2018, nonregulated property gross of $24 million and related accumulated depreciation and amortization of $12 million, which consisted primarily of a corporate aircraft owned by MHC.
MidAmerican Energy Company [Member]  
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following (in millions):
 
 
 
As of
 
 
 
March 31,
 
December 31,
 
Depreciable Life
 
2019
 
2018
Utility plant in service, net:
 
 
 
 
 
Generation
20-70 years
 
$
14,092

 
$
13,727

Transmission
52-75 years
 
1,946

 
1,934

Electric distribution
20-75 years
 
3,732

 
3,672

Natural gas distribution
29-75 years
 
1,734

 
1,724

Utility plant in service
 
 
21,504

 
21,057

Accumulated depreciation and amortization
 
 
(6,076
)
 
(5,941
)
Utility plant in service, net
 
 
15,428

 
15,116

Nonregulated property, net:
 
 
 
 
 
Nonregulated property gross
20-50 years
 
7

 
7

Accumulated depreciation and amortization
 
 
(1
)
 
(1
)
Nonregulated property, net
 
 
6

 
6

 
 
 
15,434

 
15,122

Construction work-in-progress
 
 
1,111

 
1,035

Property, plant and equipment, net
 
 
$
16,545

 
$
16,157

PacifiCorp [Member]  
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following (in millions):
 
 
 
As of
 
 
 
March 31,
 
December 31,
 
Depreciable Life
 
2019
 
2018
Utility Plant:
 
 
 
 
 
Utility plant in-service
5-75 years
 
$
28,455

 
$
28,399

Accumulated depreciation and amortization
 
 
(10,105
)
 
(10,034
)
Utility plant in-service, net
 
 
18,350

 
18,365

Other non-regulated, net of accumulated depreciation and amortization
47 years
 
10

 
10

Plant, net
 
 
18,360

 
18,375

Construction work-in-progress
 
 
1,338

 
1,195

Property, plant and equipment, net
 
 
$
19,698

 
$
19,570

Nevada Power Company [Member]  
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following (in millions):
 
 
 
As of
 
Depreciable Life
 
March 31,
 
December 31,
 
 
2019
 
2018
Utility plant:
 
 
 
 
 
Generation
30 - 55 years
 
$
3,725

 
$
3,720

Distribution
20 - 65 years
 
3,436

 
3,411

Transmission
45 - 70 years
 
1,441

 
1,439

General and intangible plant
5 - 65 years
 
710

 
716

Utility plant
 
 
9,312

 
9,286

Accumulated depreciation and amortization
 
 
(2,995
)
 
(2,966
)
Utility plant, net
 
 
6,317

 
6,320

Other non-regulated, net of accumulated depreciation and amortization
45 years
 
1

 
1

Plant, net
 
 
6,318

 
6,321

Construction work-in-progress
 
 
125

 
97

Property, plant and equipment, net
 
 
$
6,443

 
$
6,418

Sierra Pacific Power Company [Member]  
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following (in millions):
 
 
 
As of
 
Depreciable Life
 
March 31,
 
December 31,
 
 
2019
 
2018
Utility plant:
 
 
 
 
 
Electric generation
25 - 60 years
 
$
1,132

 
$
1,132

Electric distribution
20 - 100 years
 
1,588

 
1,568

Electric transmission
50 - 100 years
 
818

 
812

Electric general and intangible plant
5 - 70 years
 
174

 
185

Natural gas distribution
35 - 70 years
 
405

 
403

Natural gas general and intangible plant
5 - 70 years
 
14

 
14

Common general
5 - 70 years
 
318

 
321

Utility plant
 
 
4,449

 
4,435

Accumulated depreciation and amortization
 
 
(1,585
)
 
(1,583
)
Utility plant, net
 
 
2,864

 
2,852

Other non-regulated, net of accumulated depreciation and amortization
70 years
 
5

 
5

Plant, net
 
 
2,869

 
2,857

Construction work-in-progress
 
 
96

 
90

Property, plant and equipment, net
 
 
$
2,965

 
$
2,947