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Consolidated Statements of Operations (Unaudited) - MidAmerican Funding LLC - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Operating revenue:        
Total operating revenue $ 6,968 $ 6,193 $ 19,113 $ 15,332
Operating expenses:        
Cost of sales 1,385 1,169 4,064 3,095
Total operating expenses 5,134 4,646 14,738 11,930
Operating income 1,834 1,547 4,375 3,402
Other income (expense):        
Interest expense (531) (504) (1,593) (1,490)
Allowance for equity funds 34 50 90 122
Other, net 8 36 64 61
Total other income (expense) (159) 1,420 (186) 1,217
Income (loss) before income tax expense (benefit) and equity income (loss) 1,675 2,967 4,189 4,619
Income tax (benefit) expense (355) 80 (563) (111)
Net income (loss) attributable to parent 1,922 2,842 4,207 4,628
MidAmerican Funding, LLC        
Operating revenue:        
Total operating revenue 966 812 2,726 2,114
Operating expenses:        
Operations and maintenance 200 212 577 560
Depreciation and amortization 218 180 634 531
Property and other taxes 34 33 107 102
Total operating expenses 679 580 2,288 1,670
Operating income 287 232 438 444
Other income (expense):        
Interest expense (81) (79) (237) (238)
Allowance for borrowed funds 4 5 8 12
Allowance for equity funds 11 16 25 33
Other, net 8 15 34 30
Total other income (expense) (58) (43) (170) (163)
Income (loss) before income tax expense (benefit) and equity income (loss) 229 189 268 281
Income tax (benefit) expense (144) (148) (460) (414)
Net income (loss) attributable to parent 373 337 728 695
Regulated electric | MidAmerican Funding, LLC        
Operating revenue:        
Total operating revenue 854 728 1,985 1,717
Operating expenses:        
Cost of sales 163 115 417 266
Regulated natural gas and other | MidAmerican Funding, LLC        
Operating revenue:        
Total operating revenue 112 84 741 397
Operating expenses:        
Cost of sales $ 64 $ 40 $ 553 $ 211