BHE Debt (Tables)

12 Months Ended

Dec. 31, 2020

BHE Debt [Abstract]

BHE Debt [Table Text Block]

Senior Debt

BHE senior debt represents unsecured senior obligations of BHE that are redeemable in whole or in part at any time generally with make-whole premiums. BHE senior debt consists of the following, including fair value adjustments and unamortized premiums, discounts and debt issuance costs, as of December 31 (in millions):

	Par Value		2020		2019
2.40% Senior Notes, due 2020	—		—		349
2.375% Senior Notes, due 2021	450		448		448
2.80% Senior Notes, due 2023	400		398		398
3.75% Senior Notes, due 2023	500		498		498
3.50% Senior Notes, due 2025	400		398		398
4.05% Senior Notes, due 2025	1,250		1,246		—
3.25% Senior Notes, due 2028	600		594		594
8.48% Senior Notes, due 2028	256		257		259
3.70% Senior Notes, due 2030	1,100		1,096		—
1.65% Senior Notes, due 2031	500		497		—
6.125% Senior Bonds, due 2036	1,670		1,661		1,661
5.95% Senior Bonds, due 2037	550		548		548
6.50% Senior Bonds, due 2037	225		223		223
5.15% Senior Notes, due 2043	750		740		740
4.50% Senior Notes, due 2045	750		738		738
3.80% Senior Notes, due 2048	750		738		737
4.45% Senior Notes, due 2049	1,000		990		990
4.25% Senior Notes, due 2050	900		889		—
2.85% Senior Notes, due 2051	1,500		1,488		—
Total BHE Senior Debt	$	13,551	$	13,447	$	8,581
Reflected as:
Current liabilities			$	450	$	350
Noncurrent liabilities			12,997		8,231
Total BHE Senior Debt			$	13,447	$	8,581

Junior Subordinated Debentures

BHE junior subordinated debentures consists of the following as of December 31 (in millions):

	Par Value		2020		2019
Junior subordinated debentures, due 2057	100		100		100
Total BHE junior subordinated debentures - noncurrent	$	100	$	100	$	100

Long-term debt of subsidiaries consists of the following, including fair value adjustments and unamortized premiums, discounts and debt issuance costs, as of December 31 (in millions):

	Par Value		2020		2019
PacifiCorp	$	8,667	$	8,612	$	7,658
MidAmerican Funding	7,515		7,431		7,427
NV Energy	3,701		3,673		3,821
Northern Powergrid	3,285		3,259		3,221
BHE Pipeline Group	5,705		6,165		1,247
BHE Transmission	3,897		3,877		3,879
BHE Renewables	3,152		3,116		3,206
HomeServices	186		186		213
Total subsidiary debt	$	36,108	$	36,319	$	30,672
Reflected as:
Current liabilities			$	1,389	$	2,189
Noncurrent liabilities			34,930		28,483
Total subsidiary debt			$	36,319	$	30,672

MidAmerican Energy's long-term debt consists of the following, including amounts maturing within one year and unamortized premiums, discounts and debt issuance costs, as of December 31 (dollars in millions):

	Par Value		2020		2019
First mortgage bonds:
3.70%, due 2023	$	250	$	249	$	249
3.50%, due 2024	500		501		501
3.10%, due 2027	375		373		373
3.65%, due 2029	850		862		864
4.80%, due 2043	350		346		346
4.40%, due 2044	400		395		395
4.25%, due 2046	450		445		445
3.95%, due 2047	475		470		470
3.65%, due 2048	700		689		688
4.25%, due 2049	900		873		872
3.15%, due 2050	600		592		591
Notes:
6.75% Series, due 2031	400		397		396
5.75% Series, due 2035	300		298		298
5.80% Series, due 2036	350		348		348
Transmission upgrade obligation, 4.45% and 3.42% due through 2035 and 2036, respectively	6		4		4
Variable-rate tax-exempt bond obligation series: (weighted average interest rate- 2020-0.14%, 2019-1.66%):
Due 2023, issued in 1993	7		7		7
Due 2023, issued in 2008	57		57		57
Due 2024	35		35		35
Due 2025	13		13		13
Due 2036	33		33		33
Due 2038	45		45		45
Due 2046	30		29		29
Due 2047	150		149		149
Total	$	7,276	$	7,210	$	7,208