Leases Leases (Tables)

6 Months Ended

Jun. 30, 2019

Lessee, Lease, Description [Line Items]

Operating and Finance Lease, Balance Sheet Summary [Table Text Block]

The following table summarizes the Company's leases recorded on the Consolidated Balance Sheet (in millions):

	As of
	June 30,
	2019
Right-of-use assets:
Operating leases	$	553
Finance leases	509
Total right-of-use assets	$	1,062
Lease liabilities:
Operating leases	$	597
Finance leases	523
Total lease liabilities	$	1,120

Lease, Cost [Table Text Block]

The following table summarizes the Company's lease costs (in millions):

	Three-Month Period		Six-Month Period
	Ended June 30,		Ending June 30,
	2019		2019
Variable	$	153	$	296
Operating	41		82
Finance:
Amortization	4		8
Interest	10		21
Short-term	1		3
Total lease costs	$	209	$	410
Weighted-average remaining lease term (years):
Operating leases			8.0
Finance leases			29.1
Weighted-average discount rate:
Operating leases			5.2		%
Finance leases			8.7		%

Operating and Finance Lease, Supplemental Cash Flow [Table Text Block]

The following table summarizes the Company's supplemental cash flow information relating to leases (in millions):

	Six-Month Period
	Ended June 30,
	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(70	)
Operating cash flows from finance leases	(22		)
Financing cash flows from finance leases	(9		)
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	$	49
Finance leases	6

Operating and Finance Lease, Liability, Maturity [Table Text Block]

The Company has the following remaining lease commitments as of (in millions):

	June 30, 2019									December 31, 2018(1)
	Operating			Finance			Total			Operating		Capital		Total
2019	$	77		$	39		$	116		$	147	$	69	$	216
2020	139			69			208			128		68		196
2021	117			75			192			110		73		183
2022	93			68			161			87		67		154
2023	66			57			123			61		56		117
Thereafter	236			776			1,012			159		772		931
Total undiscounted lease payments	728			1,084			1,812			$	692	$	1,105	$	1,797
Less - amounts representing interest	(131		)	(561		)	(692		)
Lease liabilities	$	597		$	523		$	1,120

(1)     Amounts included for comparability and accounted for in accordance with ASC 840, "Leases".

PacifiCorp [Member]

Lessee, Lease, Description [Line Items]

Operating and Finance Lease, Balance Sheet Summary [Table Text Block]

The following table summarizes PacifiCorp's leases recorded on the Consolidated Balance Sheet (in millions):

	As of
	June 30,
	2019
Right-of-use assets:
Operating leases	$	14
Finance leases	20
Total right-of-use assets	$	34
Lease liabilities:
Operating leases	$	14
Finance leases	20
Total lease liabilities	$	34

Lease, Cost [Table Text Block]

The following table summarizes PacifiCorp's lease costs (in millions):

	Three-Month Period		Six-Month Period
	Ended June 30,		Ended June 30,
	2019		2019
Variable	$	16	$	26
Operating	1		1
Finance:
Amortization	—		1
Interest	1		1
Short-term	1		1
Total lease costs	$	19	$	30
Weighted-average remaining lease term (years):
Operating leases			13.6
Finance leases			9.5
Weighted-average discount rate:
Operating leases			3.7		%
Finance leases			10.6		%

Operating and Finance Lease, Liability, Maturity [Table Text Block]

PacifiCorp has the following remaining lease commitments as of (in millions):

	June 30, 2019									December 31, 2018(1)
	Operating			Finance			Total			Operating		Capital		Total
2019	$	2		$	2		$	4		$	3	$	4	$	7
2020	2			3			5			3		4		7
2021	2			7			9			3		7		10
2022	2			3			5			2		3		5
2023	2			2			4			2		2		4
Thereafter	8			16			24			7		16		23
Total undiscounted lease payments	18			33			51			$	20	$	36	$	56
Less - amounts representing interest	(4		)	(13		)	(17		)
Lease liabilities	$	14		$	20		$	34

(1)     Amounts included for comparability and accounted for in accordance with ASC 840, "Leases".

Nevada Power Company [Member]

Lessee, Lease, Description [Line Items]

Operating and Finance Lease, Balance Sheet Summary [Table Text Block]

The following table summarizes Nevada Power's leases recorded on the Consolidated Balance Sheet (in millions):

	As of
	June 30,
	2019
Right-of-use assets:
Operating leases	$	14
Finance leases	449
Total right-of-use assets	$	463
Lease liabilities:
Operating leases	$	18
Finance leases	462
Total lease liabilities	$	480

Lease, Cost [Table Text Block]

The following table summarizes Nevada Power's lease costs (in millions):

	Three-Month Period		Six-Month Period
	Ended June 30,		Ended June 30,
	2019		2019
Variable	$	112	$	220
Operating	—		1
Finance:
Amortization	3		6
Interest	10		20
Total lease costs	$	125	$	247
Weighted-average remaining lease term (years):
Operating leases			7.7
Finance leases			30.8
Weighted-average discount rate:
Operating leases			4.4		%
Finance leases			8.6		%

Operating and Finance Lease, Supplemental Cash Flow [Table Text Block]

The following table summarizes Nevada Power's supplemental cash flow information relating to leases (in millions):

	Six-Month Period
	Ended June 30,
	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(1	)
Operating cash flows from finance leases	(20		)
Financing cash flows from finance leases	(7		)
Right-of-use assets obtained in exchange for lease liabilities:
Finance leases	$	4

Operating and Finance Lease, Liability, Maturity [Table Text Block]

Nevada Power has the following remaining lease commitments as of (in millions):

	June 30, 2019									December 31, 2018(1)
	Operating			Finance			Total			Operating		Capital		Total
2019	$	1		$	34		$	35		$	3	$	59	$	62
2020	3			59			62			3		59		62
2021	3			63			66			3		61		64
2022	2			61			63			3		60		63
2023	2			50			52			2		50		52
Thereafter	10			712			722			10		709		719
Total undiscounted lease payments	21			979			1,000			$	24	$	998	$	1,022
Less - amounts representing interest	(3		)	(517		)	(520		)
Lease liabilities	$	18		$	462		$	480

(1)     Amounts included for comparability and accounted for in accordance with ASC Topic 840, "Leases".

Sierra Pacific Power Company [Member]

Lessee, Lease, Description [Line Items]

Operating and Finance Lease, Balance Sheet Summary [Table Text Block]

The following table summarizes Sierra Pacific's leases recorded on the Balance Sheet (in millions):

	As of
	June 30,
	2019
Right-of-use assets:
Operating leases	$	19
Finance leases	39
Total right-of-use assets	$	58
Lease liabilities:
Operating leases	$	19
Finance leases	40
Total lease liabilities	$	59

Lease, Cost [Table Text Block]

The following table summarizes Sierra Pacific's lease costs (in millions):

	Three-Month Period		Six-Month Period
	Ended June 30,		Ended June 30,
	2019		2019
Variable	$	15	$	30
Operating	1		1
Finance:
Amortization	—		1
Interest	—		1
Total lease costs	$	16	$	33
Weighted-average remaining lease term (years):
Operating leases			26.0
Finance leases			23.0
Weighted-average discount rate:
Operating leases			4.9		%
Finance leases			7.0		%

Operating and Finance Lease, Supplemental Cash Flow [Table Text Block]

The following table summarizes Sierra Pacific's supplemental cash flow information relating to leases (in millions):

	Six-Month Period
	Ended June 30,
	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(1	)
Operating cash flows from finance leases	(1		)
Financing cash flows from finance leases	(1		)
Right-of-use assets obtained in exchange for lease liabilities:
Finance leases	$	2

Operating and Finance Lease, Liability, Maturity [Table Text Block]

Sierra Pacific has the following remaining lease commitments as of (in millions):

	June 30, 2019									December 31, 2018(1)
	Operating			Finance			Total			Operating		Capital		Total
2019	$	2		$	3		$	5		$	2	$	6	$	8
2020	2			5			7			2		4		6
2021	2			5			7			2		5		7
2022	1			5			6			1		4		5
2023	1			5			6			1		4		5
Thereafter	27			48			75			28		47		75
Total undiscounted lease payments	35			71			106			$	36	$	70	$	106
Less - amounts representing interest	(16		)	(31		)	(47		)
Lease liabilities	$	19		$	40		$	59

(1)     Amounts included for comparability and accounted for in accordance with ASC Topic 840, "Leases".