Income Taxes (Tables)

3 Months Ended

Mar. 31, 2024

Schedule of Effective Income Tax Rate Reconciliation [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to the effective income tax rate applicable to income before income tax expense (benefit) is as follows:

	Three-Month Periods
	Ended March 31,
	2024		2023
Federal statutory income tax rate	21	%	21	%
Income tax credits	(108)		(35)
State income tax, net of federal income tax impacts	—		(4)
Income tax effect of foreign income	(6)		7
Effects of ratemaking	(7)		(3)
Equity earnings	(2)		(1)
Noncontrolling interest	(2)		(2)
Effective income tax rate	(104)	%	(17)	%

PAC

Schedule of Effective Income Tax Rate Reconciliation [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to the effective income tax rate applicable to income (loss) before income tax expense (benefit) is as follows:

	Three-Month Periods
	Ended March 31,
	2024		2023
Federal statutory income tax rate	21	%	21	%
State income tax, net of federal income tax impacts	3		4
Income tax credits	(22)		13
Effects of ratemaking(1)	(11)		6
Valuation allowance	—		5
Other	1		(1)
Effective income tax rate	(8)	%	48	%

(1)Effects of ratemaking is primarily attributable to activity associated with excess deferred income taxes.

MEC

Schedule of Effective Income Tax Rate Reconciliation [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to MidAmerican Energy's effective income tax rate applicable to income before income tax expense (benefit) is as follows:

	Three-Month Periods
	Ended March 31,
	2024		2023
Federal statutory income tax rate	21	%	21	%
Income tax credits	(1,158)		(518)
State income tax, net of federal income tax impacts	(11)		(18)
Effects of ratemaking	—		(8)
Other, net	(5)		2
Effective income tax rate	(1,153)	%	(521)	%

MidAmerican Funding, LLC

Schedule of Effective Income Tax Rate Reconciliation [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to MidAmerican Funding's effective income tax rate applicable to income before income tax expense (benefit) is as follows:

	Three-Month Periods
	Ended March 31,
	2024		2023
Federal statutory income tax rate	21	%	21	%
Income tax credits	(1,467)		(430)
State income tax, net of federal income tax impacts	(20)		(13)
Effects of ratemaking	—		(6)
Other, net	(1)		(2)
Effective income tax rate	(1,467)	%	(430)	%

NPC

Schedule of Effective Income Tax Rate Reconciliation [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to the effective income tax rate applicable to income before income tax expense (benefit) is as follows:

	Three-Month Periods
	Ended March 31,
	2024		2023
Federal statutory income tax rate	21	%	21	%
Effects of ratemaking	(1)		(9)
Income tax credits	(8)		(2)
Other	5		10
Effective income tax rate	17	%	20	%

SPPC

Schedule of Effective Income Tax Rate Reconciliation [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to the effective income tax rate applicable to income before income tax expense (benefit) is as follows:

	Three-Month Periods
	Ended March 31,
	2024		2023
Federal statutory income tax rate	21	%	21	%
Effects of ratemaking	(13)		(9)
Other	1		1
Effective income tax rate	9	%	13	%

EEGH

Schedule of Effective Income Tax Rate Reconciliation [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to the effective income tax rate applicable to income before income tax expense (benefit) is as follows:

	Three-Month Periods
	Ended March 31,
	2024		2023
Federal statutory income tax rate	21	%	21	%
State income tax, net of federal income tax impacts	4		2
Equity earnings	4		3
Noncontrolling interest	(3)		(10)
Effective income tax rate	26	%	16	%

EGTS

Schedule of Effective Income Tax Rate Reconciliation [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to the effective income tax rate applicable to income before income tax expense (benefit) is as follows:

	Three-Month Periods
	Ended March 31,
	2024		2023
Federal statutory income tax rate	21	%	21	%
State income tax, net of federal income tax impacts	5		4
Effective income tax rate	26	%	25	%