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Consolidated Statements of Operations (Unaudited) - MidAmerican Funding LLC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenue:    
Total operating revenue $ 6,111 $ 6,346
Operating expenses:    
Cost of sales 1,670 1,955
Total operating expenses 5,216 5,679
Operating income 895 667
Other income (expense):    
Interest expense (691) (586)
Allowance for equity funds 83 49
Other, net 31 40
Total other income (expense) (538) 312
Income before income tax expense (benefit) and equity income (loss) 357 979
Income tax expense (benefit) (371) (162)
Net income attributable to parent 653 989
MidAmerican Funding, LLC    
Operating revenue:    
Total operating revenue 843 920
Operating expenses:    
Operations and maintenance 218 205
Depreciation and amortization 227 234
Property and other taxes 42 42
Total operating expenses 767 832
Operating income 76 88
Other income (expense):    
Interest expense (108) (84)
Allowance for borrowed funds 6 4
Allowance for equity funds 16 11
Other, net 25 28
Total other income (expense) (61) (41)
Income before income tax expense (benefit) and equity income (loss) 15 47
Income tax expense (benefit) (220) (202)
Net income attributable to parent 235 249
Regulated electric | MidAmerican Funding, LLC    
Operating revenue:    
Total operating revenue 565 591
Operating expenses:    
Cost of sales 103 115
Regulated natural gas and other | MidAmerican Funding, LLC    
Operating revenue:    
Total operating revenue 278 329
Operating expenses:    
Cost of sales $ 177 $ 236