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Segment Information (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting Information [Line Items]  
Schedule of Segment Reporting Information Information related to the Company's reportable segments is shown below (in millions):
Years Ended December 31,
202120202019
Operating revenue:
PacifiCorp$5,296 $5,341 $5,068 
MidAmerican Funding3,547 2,728 2,927 
NV Energy3,107 2,854 3,037 
Northern Powergrid1,188 1,022 1,013 
BHE Pipeline Group3,544 1,578 1,131 
BHE Transmission731 659 707 
BHE Renewables981 936 932 
HomeServices6,215 5,396 4,473 
BHE and Other(1)
541 438 556 
Total operating revenue$25,150 $20,952 $19,844 
   
Depreciation and amortization:   
PacifiCorp$1,088 $1,209 $954 
MidAmerican Funding914 716 638 
NV Energy549 502 482 
Northern Powergrid305 266 254 
BHE Pipeline Group492 231 115 
BHE Transmission238 201 240 
BHE Renewables241 284 282 
HomeServices52 45 47 
BHE and Other(1)
(1)
Total depreciation and amortization$3,881 $3,455 $3,011 
   
Years Ended December 31,
202120202019
Operating income:
PacifiCorp$1,133 $924 $1,072 
MidAmerican Funding416 454 549 
NV Energy621 649 655 
Northern Powergrid543 421 472 
BHE Pipeline Group1,516 779 572 
BHE Transmission339 316 323 
BHE Renewables329 291 336 
HomeServices505 511 222 
BHE and Other(1)
(75)(54)(51)
Total operating income5,327 4,291 4,150 
Interest expense(2,118)(2,021)(1,912)
Capitalized interest64 80 77 
Allowance for equity funds126 165 173 
Interest and dividend income89 71 117 
Gains (losses) on marketable securities, net1,823 4,797 (288)
Other, net(17)88 97 
Total income before income tax (benefit) expense and equity loss$5,294 $7,471 $2,414 
Interest expense:
PacifiCorp$430 $426 $401 
MidAmerican Funding319 322 302 
NV Energy206 227 229 
Northern Powergrid130 130 139 
BHE Pipeline Group143 74 52 
BHE Transmission155 148 157 
BHE Renewables158 166 174 
HomeServices11 25 
BHE and Other(1)
573 517 433 
Total interest expense$2,118 $2,021 $1,912 
Income tax (benefit) expense:
PacifiCorp$(78)$(75)$61 
MidAmerican Funding(680)(574)(377)
NV Energy56 61 98 
Northern Powergrid192 96 59 
BHE Pipeline Group269 162 138 
BHE Transmission10 13 11 
BHE Renewables(2)
(753)(602)(325)
HomeServices138 138 51 
BHE and Other(1)
(286)1,089 (314)
Total income tax (benefit) expense$(1,132)$308 $(598)
Years Ended December 31,
202120202019
Earnings on common shares:
PacifiCorp$889 $741 $773 
MidAmerican Funding883 818 781 
NV Energy439 410 365 
Northern Powergrid247 201 256 
BHE Pipeline Group807 528 422 
BHE Transmission247 231 229 
BHE Renewables(2)
451 521 431 
HomeServices387 375 160 
BHE and Other(1)
1,319 3,092 (467)
Total earnings on common shares$5,669 $6,917 $2,950 
Capital expenditures:
PacifiCorp$1,513 $2,540 $2,175 
MidAmerican Funding1,912 1,836 2,810 
NV Energy749 675 657 
Northern Powergrid742 682 602 
BHE Pipeline Group1,128 659 687 
BHE Transmission279 372 247 
BHE Renewables225 95 122 
HomeServices42 36 54 
BHE and Other21 (130)10 
Total capital expenditures$6,611 $6,765 $7,364 
As of December 31,
202120202019
Property, plant and equipment, net:
PacifiCorp$22,914 $22,430 $20,973 
MidAmerican Funding20,302 19,279 18,377 
NV Energy10,231 9,865 9,613 
Northern Powergrid7,572 7,230 6,606 
BHE Pipeline Group15,692 15,097 5,482 
BHE Transmission6,590 6,445 6,157 
BHE Renewables6,103 5,645 5,976 
HomeServices169 159 161 
BHE and Other243 (22)(40)
Total property, plant and equipment, net$89,816 $86,128 $73,305 
Total assets:
PacifiCorp$27,615 $26,862 $24,861 
MidAmerican Funding25,352 23,530 22,664 
NV Energy15,239 14,501 14,128 
Northern Powergrid9,326 8,782 8,385 
BHE Pipeline Group20,434 19,541 6,100 
BHE Transmission9,476 9,208 8,776 
BHE Renewables11,829 12,004 9,961 
HomeServices4,574 4,955 3,846 
BHE and Other8,220 7,933 1,330 
Total assets$132,065 $127,316 $100,051 
Years Ended December 31,
202120202019
Operating revenue by country:
United States$23,215 $19,254 $18,108 
United Kingdom1,188 1,022 1,011 
Canada719 653 706 
Other28 23 19 
Total operating revenue by country$25,150 $20,952 $19,844 
Income before income tax (benefit) expense and equity loss by country:
United States$4,650 $6,954 $1,866 
United Kingdom454 338 326 
Canada181 173 178 
Other44 
Total income before income tax (benefit) expense and equity loss by country:$5,294 $7,471 $2,414 
As of December 31,
202120202019
Property, plant and equipment, net by country:
United States$75,774 $72,583 $60,634 
United Kingdom7,487 7,134 6,504 
Canada6,547 6,401 6,157 
Other10 10 
Total property, plant and equipment, net by country$89,816 $86,128 $73,305 

(1)The differences between the reportable segment amounts and the consolidated amounts, described as BHE and Other, relate to other corporate entities, including MidAmerican Energy Services, LLC, corporate functions and intersegment eliminations.

(2)Income tax (benefit) expense includes the tax attributes of disregarded entities that are not required to pay income taxes and the earnings of which are taxable directly to BHE.
Schedule of Goodwill
The following table shows the change in the carrying amount of goodwill by reportable segment for the years ended December 31, 2021 and 2020 (in millions):
BHE
MidAmericanNVNorthernPipelineBHEBHE
PacifiCorpFundingEnergyPowergridGroupTransmissionRenewablesHomeServicesTotal
December 31, 2019$1,129 $2,102 $2,369 $978 $73 $1,520 $95 $1,456 $9,722 
Acquisitions— — — — 1,730 — — 1,731 
Foreign currency translation
— — — 22 — 31 — — 53 
December 31, 20201,129 2,102 2,369 1,000 1,803 1,551 95 1,457 11,506 
Acquisitions— — — — 11 — — 129 140 
Foreign currency translation
— — — (8)— 12 — — 
December 31, 2021$1,129 $2,102 $2,369 $992 $1,814 $1,563 $95 $1,586 $11,650 
MEC  
Segment Reporting Information [Line Items]  
Schedule of Segment Reporting Information
The following tables provide information on a reportable segment basis (in millions):
Years Ended December 31,
202120202019
Operating revenue:
Regulated electric$2,529 $2,139 $2,237 
Regulated natural gas1,003 573 660 
Other15 28 
Total operating revenue$3,547 $2,720 $2,925 
Depreciation and amortization:
Regulated electric$861 $667 $593 
Regulated natural gas53 49 46 
Total depreciation and amortization$914 $716 $639 
Operating income:
Regulated electric$358 $384 $473 
Regulated natural gas58 64 71 
Other— — 
Total operating income$416 $448 $548 
Interest expense:
Regulated electric$279 $281 $259 
Regulated natural gas23 23 22 
Total interest expense$302 $304 $281 
Years Ended December 31,
202120202019
Income tax (benefit) expense:
Regulated electric$(677)$(584)$(384)
Regulated natural gas14 12 
Other(1)— 
Total income tax (benefit) expense$(675)$(570)$(371)
Net income:
Regulated electric$844 $780 $739 
Regulated natural gas50 45 52 
Other— 
Net income$894 $826 $793 
Capital expenditures:
Regulated electric$1,806 $1,704 $2,684 
Regulated natural gas106 132 126 
Total capital expenditures$1,912 $1,836 $2,810 
As of December 31,
202120202019
Total assets:
Regulated electric$21,385 $19,892 $19,093 
Regulated natural gas1,871 1,544 1,468 
Other
Total assets$23,257 $21,437 $20,564 
MidAmerican Funding, LLC  
Segment Reporting Information [Line Items]  
Schedule of Segment Reporting Information
The following tables provide information on a reportable segment basis (in millions):
Years Ended December 31,
202120202019
Operating revenue:
Regulated electric$2,529 $2,139 $2,237 
Regulated natural gas1,003 573 660 
Other15 16 30 
Total operating revenue$3,547 $2,728 $2,927 
Depreciation and amortization:
Regulated electric$861 $667 $593 
Regulated natural gas53 49 46 
Total depreciation and amortization$914 $716 $639 
Operating income:
Regulated electric$358 $384 $473 
Regulated natural gas58 64 71 
Other— 
Total operating income$416 $454 $549 
Interest expense:
Regulated electric$279 $281 $259 
Regulated natural gas23 23 22 
Other17 18 21 
Total interest expense$319 $322 $302 
Income tax (benefit) expense:
Regulated electric$(677)$(584)$(384)
Regulated natural gas14 12 
Other(6)(4)(5)
Total income tax (benefit) expense$(680)$(574)$(377)
Net income:
Regulated electric$844 $780 $739 
Regulated natural gas50 45 52 
Other(11)(7)(10)
Net income$883 $818 $781 
Years Ended December 31,
202120202019
Capital expenditures:
Regulated electric$1,806 $1,704 $2,684 
Regulated natural gas106 132 126 
Total capital expenditures$1,912 $1,836 $2,810 
As of December 31,
202120202019
Total assets:
Regulated electric$22,576 $21,083 $20,284 
Regulated natural gas1,950 1,623 1,547 
Other
Total assets$24,531 $22,711 $21,840 
Schedule of Goodwill
Goodwill by reportable segment as of December 31, 2021 and 2020, was as follows (in millions):
Regulated electric$1,191 
Regulated natural gas79 
Total$1,270 
SPPC  
Segment Reporting Information [Line Items]  
Schedule of Segment Reporting Information
The following tables provide information on a reportable segment basis (in millions):
Years Ended December 31,
202120202019
Operating revenue:
Regulated electric$848 $738 $770 
Regulated natural gas117 116 119 
Total operating revenue$965 $854 $889 
Operating income:
Regulated electric$148 $147 $150 
Regulated natural gas19 18 21 
Total operating income167 165 171 
Interest expense(54)(56)(48)
Allowance for borrowed funds
Allowance for equity funds
Interest and dividend income
Other, net11 
Income before income tax expense$142 $126 $131 

As of December 31,
202120202019
Assets
Regulated electric$3,829 $3,540 $3,319 
Regulated natural gas365 342 308 
Regulated common assets(1)
29 37 44 
Total assets$4,223 $3,919 $3,671 

(1)    Consists principally of cash and cash equivalents not included in either the regulated electric or regulated natural gas segments.