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Consolidated Balance Sheets (Unaudited) - MidAmerican Funding LLC - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,081 $ 1,096
Income tax receivable 25 344
Inventories 1,163 1,122
Other current assets 1,294 1,284
Total current assets 9,360 8,248
Property, plant and equipment, net 90,795 89,816
Goodwill 11,559 11,650
Regulatory assets 3,481 3,419
Investments and restricted cash, cash equivalents and investments 16,728 15,788
Other assets 3,372 3,144
Total assets 135,295 132,065
Current liabilities:    
Accounts payable 2,290 2,136
Accrued interest 557 537
Accrued property, income and other taxes 789 606
Current portion of long-term debt 2,069 1,265
Other current liabilities 1,802 1,837
Total current liabilities 9,912 8,762
Regulatory liabilities 7,028 6,960
Deferred income taxes 13,394 12,938
Other long-term liabilities 4,722 4,319
Total liabilities 84,104 81,476
Commitments and contingencies
Equity:    
Additional paid-in capital 6,298 6,374
Retained earnings 42,688 40,754
Total shareholder's equity, parent 47,304 46,694
Total liabilities and equity 135,295 132,065
MidAmerican Funding, LLC    
Current assets:    
Cash and cash equivalents 497 233
Trade receivables, net 525 526
Income tax receivable 20 80
Inventories 226 234
Other current assets 187 123
Total current assets 1,455 1,196
Property, plant and equipment, net 20,505 20,302
Goodwill 1,270 1,270
Regulatory assets 509 473
Investments and restricted cash, cash equivalents and investments 895 1,028
Other assets 277 262
Total assets 24,911 24,531
Current liabilities:    
Accounts payable 415 531
Accrued interest 89 89
Accrued property, income and other taxes 206 158
Notes payable 197 189
Current portion of long-term debt 64 0
Other current liabilities 181 146
Total current liabilities 1,152 1,113
Long-term debt 7,901 7,961
Regulatory liabilities 1,026 1,080
Deferred income taxes 3,411 3,387
Asset retirement obligations 698 714
Other long-term liabilities 477 475
Total liabilities 14,665 14,730
Commitments and contingencies
Equity:    
Additional paid-in capital 1,679 1,679
Retained earnings 8,567 8,122
Total shareholder's equity, parent 10,246 9,801
Total liabilities and equity $ 24,911 $ 24,531