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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,290 $ 1,040
Restricted cash and cash equivalents 140 212
Trade receivables, net 2,107 1,910
Inventories 1,168 873
Loans Receivable Held-for-sale, Net, Not Part of Disposal Group 2,001 1,039
Regulatory Assets, Current 283 115
Other current assets 2,741 839
Total current assets 9,447 5,913
Property, plant and equipment, net 86,128 73,305
Goodwill 11,506 9,722
Finance lease right of use assets, net 501 504
Regulatory Assets, Noncurrent 3,157 2,766
Investments, including equity method and restricted cash and investments, noncurrent 14,320 6,255
Other assets 2,758 2,090
Total assets 127,316 100,051
Current liabilities:    
Accounts payable 1,867 1,839
Accrued interest 555 493
Accrued property, income and other taxes 582 537
Accrued employee expenses 383 285
Short-term debt [1] 2,286 3,214
Current portion of long-term debt 1,839 2,539
Regulatory Liability, Current 254 211
Asset Retirement Obligation, Current 184 167
Other current liabilities 1,626 1,350
Total current liabilities 9,138 10,257
Regulatory Liability, Noncurrent 7,221 7,100
Deferred income taxes 11,775 9,653
Asset Retirement Obligations, Noncurrent 1,157 1,105
Other long-term liabilities 4,178 3,649
Total liabilities 80,339 67,473
Commitments and contingencies
Shareholders' equity:    
Preferred Stock, Shares Authorized 100,000,000  
Preferred Stock, Par or Stated Value Per Share $ 0.01  
Preferred Stock, Shares Issued 4,000,000  
Preferred Stock, Shares Outstanding 4,000,000  
Preferred Stock, Value, Issued $ 3,750 $ 0
Common Stock, Shares Authorized 115,000,000 115,000,000
Common Stock, Shares, Issued 76,000,000 77,000,000
Common Stock, Shares, Outstanding 76,000,000 77,000,000
Common Stock, stated value per share $ 0 $ 0
Common stock $ 0 $ 0
Additional paid-in capital 6,377 6,389
Retained earnings 35,093 28,296
Accumulated other comprehensive loss, net (1,552) (1,706)
Total shareholder's equity 43,010 32,449
Total liabilities and shareholder's equity 127,316 100,051
PacifiCorp [Member]    
Current assets:    
Cash and cash equivalents 13 30
Restricted cash and cash equivalents 4 4
Receivables, Net, Current 703 644
Other receivables 48 70
Inventories 482 394
Regulatory Assets, Current 116 63
Prepayments 79 61
Other current assets 82 28
Total current assets 1,523 1,290
Property, plant and equipment, net 22,430 20,973
Finance lease right of use assets, net 17 19
Regulatory Assets, Noncurrent 1,279 1,060
Other assets 470 374
Total assets 25,702 23,697
Current liabilities:    
Accounts payable 772 679
Accrued interest 127 116
Accrued property, income and other taxes 80 96
Accrued employee expenses 84 75
Short-term debt 93 130
Current portion of long-term debt 420 38
Regulatory Liability, Current 115 56
Asset Retirement Obligation, Current 13 19
Other current liabilities 174 170
Total current liabilities 1,865 1,360
Long-term Debt, Excluding Current Maturities 8,192 7,620
Regulatory Liability, Noncurrent 2,727 2,913
Deferred income taxes 2,627 2,563
Asset Retirement Obligations, Noncurrent 257 238
Other long-term liabilities 1,118 804
Total liabilities 16,529 15,260
Commitments and contingencies
Shareholders' equity:    
Preferred Stock, Value, Issued $ 2 $ 2
Common Stock, Shares Authorized 750,000,000 750,000,000
Common Stock, Shares, Issued 357,000,000 357,000,000
Common Stock, Shares, Outstanding 357,000,000 357,000,000
Common Stock, stated value per share $ 0 $ 0
Common stock $ 0 $ 0
Additional paid-in capital 4,479 4,479
Retained earnings 4,711 3,972
Accumulated other comprehensive loss, net (19) (16)
Total shareholder's equity 9,173 8,437
Total liabilities and shareholder's equity 25,702 23,697
PacifiCorp [Member] | Common Stock [Member]    
Shareholders' equity:    
Total shareholder's equity 0 0
MidAmerican Energy Company [Member]    
Current assets:    
Cash and cash equivalents 38 287
Restricted cash and cash equivalents 7 43
Trade receivables, net 234 291
Inventories 278 226
Other current assets 73 90
Total current assets 623 894
Property, plant and equipment, net 19,279 18,375
Regulatory Assets, Noncurrent 392 289
Investments, including equity method and restricted cash and investments, noncurrent 911 818
Other assets 232 188
Total assets 21,437 20,564
Current liabilities:    
Accounts payable 408 519
Accrued interest 78 78
Accrued property, income and other taxes 161 225
Asset Retirement Obligation, Current 109 135
Other current liabilities 183 219
Total current liabilities 830 1,041
Long-term Debt, Excluding Current Maturities 7,210 7,208
Regulatory Liability, Noncurrent 1,111 1,406
Deferred income taxes 3,054 2,626
Asset Retirement Obligations, Noncurrent 709 704
Other long-term liabilities 458 339
Total liabilities 13,372 13,324
Commitments and contingencies
Shareholders' equity:    
Common stock 0 0
Additional paid-in capital 561 561
Retained earnings 7,504 6,679
Total shareholder's equity 8,065 7,240
Total liabilities and shareholder's equity $ 21,437 $ 20,564
MidAmerican Energy Company [Member] | Common Stock [Member]    
Shareholders' equity:    
Common Stock, Shares Authorized 350,000,000 350,000,000
Common Stock, Shares, Issued 71,000,000 71,000,000
Common Stock, Shares, Outstanding 71,000,000 71,000,000
Common Stock, stated value per share $ 0 $ 0
Total shareholder's equity $ 0 $ 0
MidAmerican Funding, LLC and Subsidiaries [Member]    
Current assets:    
Cash and cash equivalents 39 288
Restricted cash and cash equivalents 7 43
Trade receivables, net 234 291
Inventories 278 226
Other current assets 74 91
Total current assets 625 896
Property, plant and equipment, net 19,279 18,377
Goodwill 1,270 1,270
Regulatory Assets, Noncurrent 392 289
Investments, including equity method and restricted cash and investments, noncurrent 913 820
Other assets 232 188
Total assets 22,711 21,840
Current liabilities:    
Accounts payable 408 520
Accrued interest 83 84
Accrued property, income and other taxes 161 226
Other current liabilities 183 219
Total current liabilities 1,012 1,220
Long-term Debt, Excluding Current Maturities 7,450 7,448
Regulatory Liability, Noncurrent 1,111 1,406
Deferred income taxes 3,052 2,621
Asset Retirement Obligations, Noncurrent 709 704
Other long-term liabilities 458 340
Total liabilities 13,792 13,739
Commitments and contingencies
Shareholders' equity:    
Additional paid-in capital 1,679 1,679
Retained earnings 7,240 6,422
Total shareholder's equity 8,919 8,101
Total liabilities and shareholder's equity 22,711 21,840
Nevada Power Company [Member]    
Current assets:    
Cash and cash equivalents 25 15
Restricted cash and cash equivalents 11 10
Trade receivables, net 234 215
Inventories 69 62
Derivative Asset, Current 26 0
Regulatory Assets, Current 48 1
Prepayments 38 42
Other current assets 26 29
Total current assets 466 364
Property, plant and equipment, net 6,701 6,538
Property, plant and equipment, net 6,701 6,538
Finance lease right of use assets, net 351 441
Regulatory Assets, Noncurrent 746 800
Other assets 72 59
Total assets 8,336 8,202
Current liabilities:    
Accounts payable 181 194
Accrued interest 32 30
Accrued property, income and other taxes 25 25
Current portion of long-term debt 0 575
Current portion of finance lease obligations 27 24
Regulatory Liability, Current 50 93
Contract with Customer, Refund Liability 47 62
Asset Retirement Obligation, Current 25 14
Other current liabilities 22 20
Total current liabilities 409 1,037
Long-term Debt, Excluding Current Maturities 2,496 1,776
Finance lease obligations 334 430
Regulatory Liability, Noncurrent 1,163 1,163
Deferred income taxes 738 714
Asset Retirement Obligations, Noncurrent 47 60
Other long-term liabilities 257 285
Total liabilities 5,397 5,405
Commitments and contingencies
Shareholders' equity:    
Common Stock, Shares Authorized 1,000 1,000
Common Stock, Shares, Issued 1,000 1,000
Common Stock, Shares, Outstanding 1,000 1,000
Common Stock, stated value per share $ 1.00 $ 1.00
Common stock $ 0 $ 0
Additional paid-in capital 2,308 2,308
Retained earnings 634 493
Accumulated other comprehensive loss, net (3) (4)
Total shareholder's equity 2,939 2,797
Total liabilities and shareholder's equity $ 8,336 $ 8,202
Nevada Power Company [Member] | Common Stock [Member]    
Shareholders' equity:    
Common Stock, Shares, Outstanding 1,000 1,000
Total shareholder's equity $ 0 $ 0
Sierra Pacific Power Company [Member]    
Current assets:    
Cash and cash equivalents 19 27
Restricted cash and cash equivalents 7 5
Trade receivables, net 97 109
Income taxes receivable 7 14
Inventories 77 57
Regulatory Assets, Current 67 12
Other current assets 38 20
Total current assets 305 239
Property, plant and equipment, net 3,164 3,075
Property, plant and equipment, net 3,164 3,075
Finance lease right of use assets, net 126 43
Regulatory Assets, Noncurrent 267 283
Other assets 183 74
Total assets 3,919 3,671
Current liabilities:    
Accounts payable 108 103
Accrued interest 14 14
Accrued property, income and other taxes 14 12
Short-term debt 45 0
Regulatory Liability, Current 34 49
Contract with Customer, Refund Liability 15 21
Other current liabilities 25 21
Total current liabilities 255 220
Long-term Debt, Excluding Current Maturities 1,164 1,135
Finance lease obligations 121 40
Regulatory Liability, Noncurrent 463 489
Deferred income taxes 374 347
Other long-term liabilities 131 120
Total liabilities 2,508 2,351
Commitments and contingencies
Shareholders' equity:    
Common Stock, Shares Authorized 20,000,000 20,000,000
Common Stock, Shares, Issued 1,000 1,000
Common Stock, Shares, Outstanding 1,000 1,000
Common Stock, stated value per share $ 3.75 $ 3.75
Common stock $ 0 $ 0
Additional paid-in capital 1,111 1,111
Retained earnings 301 210
Accumulated other comprehensive loss, net (1) (1)
Total shareholder's equity 1,411 1,320
Total liabilities and shareholder's equity $ 3,919 $ 3,671
Sierra Pacific Power Company [Member] | Common Stock [Member]    
Shareholders' equity:    
Common Stock, Shares, Outstanding 1,000 1,000
Total shareholder's equity $ 0 $ 0
Eastern Energy Gas Holdings, LLC [Member]    
Current assets:    
Cash and cash equivalents 35 27
Restricted cash and cash equivalents 13 12
Trade receivables, net 177 173
Receivables from affiliates 139 362
Other receivables 51 26
Inventories 119 122
Regulatory Assets, Current 8 8
Prepayments 60 73
Other current assets 62 63
Total current assets 656 858
Property, plant and equipment, net 10,144 11,727
Property, plant and equipment, net 10,144 11,727
Goodwill 1,286 1,471
Finance lease right of use assets, net 8 6
Regulatory Assets, Noncurrent 74 40
Investments, including equity method and restricted cash and investments, noncurrent 244 312
Affiliated notes receivable 0 3,437
Other assets 291 979
Total assets 12,621 18,784
Current liabilities:    
Accounts payable 71 59
Accounts payable to affiliates 39 82
Accrued interest 19 26
Accrued property, income and other taxes 29 81
Accrued employee expenses 23 21
Notes Payable Due To Affiliate, Current 9 260
Short-term debt 0 62
Current portion of long-term debt 500 699
Regulatory Liability, Current 40 41
Asset Retirement Obligation, Current 36 14
Other current liabilities 124 162
Total current liabilities 814 1,452
Long-term Debt, Excluding Current Maturities 3,925 4,821
Regulatory Liability, Noncurrent 669 800
Deferred income taxes 0 1,288
Asset Retirement Obligations, Noncurrent 35 75
Other long-term liabilities 218 194
Total liabilities 5,626 8,555
Commitments and contingencies
Shareholders' equity:    
Accumulated other comprehensive loss, net (53) (187)
Total members' equity 2,904 8,844
Noncontrolling interests 4,091 1,385
Total equity 6,995 10,229
Members' Capital 2,957 9,031
Total liabilities and shareholder's equity 12,621 18,784
Parent Company [Member]    
Current assets:    
Cash and cash equivalents 623 13
Income taxes receivable 19 3
Other current assets 1,301 8
Total current assets 2,216 292
Goodwill 1,221 1,221
Other assets 488 695
Total assets 58,682 43,712
Current liabilities:    
Short-term debt 0 1,590
Total current liabilities 991 2,374
Other long-term liabilities 1,468 530
Total liabilities 15,672 11,237
Shareholders' equity:    
Preferred Stock, Value, Issued $ 3,750 $ 0
Common Stock, Shares, Issued 76,000,000 77,000,000
Common Stock, Shares, Outstanding 76,000,000 77,000,000
Common stock $ 0 $ 0
Additional paid-in capital 6,377 6,389
Retained earnings 35,093 28,296
Accumulated other comprehensive loss, net (1,552) (1,706)
Total shareholder's equity 43,010 32,449
Total liabilities and shareholder's equity 58,682 43,712
Deferred Income Tax Charge [Member] | MidAmerican Energy Company [Member]    
Current liabilities:    
Regulatory Liability, Noncurrent [2] $ 263 $ 478
[1] The table does not include unused credit facilities and letters of credit for investments that are accounted for under the equity method.
[2] Amounts primarily represent income tax liabilities primarily related to the federal tax rate change from 35% to 21% that are probable to be passed on to customers, offset by income tax benefits related to state accelerated tax depreciation and certain property-related basis differences that were previously passed on to customers and will be included in regulated rates when the temporary differences reverse.