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Consolidated Statements of Operations (Unaudited) - MidAmerican Funding LLC - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating revenue:        
Total operating revenue $ 6,064 $ 4,612 $ 12,145 $ 9,139
Operating expenses:        
Cost of sales 1,110 888 2,679 1,926
Total operating expenses 4,856 3,676 9,604 7,284
Operating income 1,208 936 2,541 1,855
Other income (expense):        
Interest expense (532) (503) (1,062) (986)
Allowance for equity funds 30 38 56 72
Other, net 48 52 56 25
Total other income (expense) 1,552 209 (27) (203)
Income (loss) before income tax expense (benefit) and equity income (loss) 2,760 1,145 2,514 1,652
Income tax expense (benefit) 327 (7) (208) (191)
Net income (loss) attributable to parent 2,281 1,116 2,285 1,786
MidAmerican Funding, LLC        
Operating revenue:        
Total operating revenue 693 616 1,760 1,302
Operating expenses:        
Operations and maintenance 184 183 377 348
Depreciation and amortization 209 175 416 351
Property and other taxes 37 35 73 69
Total operating expenses 590 506 1,609 1,090
Operating income 103 110 151 212
Other income (expense):        
Interest expense (78) (78) (156) (159)
Allowance for borrowed funds 2 4 4 7
Allowance for equity funds 8 9 14 17
Other, net 16 21 26 15
Total other income (expense) (52) (44) (112) (120)
Income (loss) before income tax expense (benefit) and equity income (loss) 51 66 39 92
Income tax expense (benefit) (160) (142) (316) (266)
Net income (loss) attributable to parent 211 208 355 358
Regulated electric | MidAmerican Funding, LLC        
Operating revenue:        
Total operating revenue 586 518 1,131 989
Operating expenses:        
Cost of sales 103 71 254 151
Regulated natural gas and other | MidAmerican Funding, LLC        
Operating revenue:        
Total operating revenue 107 98 629 313
Operating expenses:        
Cost of sales $ 57 $ 42 $ 489 $ 171