Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment

The Company's reportable segments with foreign operations include Northern Powergrid, whose business is principally in the United Kingdom, BHE Transmission, whose business includes operations in Canada, and BHE Renewables, whose business includes operations in the Philippines. Intersegment eliminations and adjustments, including the allocation of goodwill, have been made. Information related to the Company's reportable segments is shown below (in millions):



	Three-Month Periods				Six-Month Periods
	Ended June 30,				Ended June 30,
	2019		2018		2019		2018
Operating revenue:
PacifiCorp	$	1,167	$	1,193	$	2,426	$	2,377
MidAmerican Funding	660		718		1,502		1,465
NV Energy	721		750		1,335		1,367
Northern Powergrid	243		246		506		524
BHE Pipeline Group	212		236		583		612
BHE Transmission	175		177		343		357
BHE Renewables	249		246		416		400
HomeServices	1,327		1,273		2,112		2,034
BHE and Other⁽¹⁾	140		154		281		297
Total operating revenue	$	4,894	$	4,993	$	9,504	$	9,433



Depreciation and amortization:
PacifiCorp	$	209		$	197		$	414		$	399
MidAmerican Funding	179			208			356			366
NV Energy	120			114			240			227
Northern Powergrid	63			64			126			127
BHE Pipeline Group	29			30			57			72
BHE Transmission	60			61			118			123
BHE Renewables	69			66			139			130
HomeServices	11			11			24			23
BHE and Other⁽¹⁾	(1		)	(1		)	(2		)	(1		)
Total depreciation and amortization	$	739		$	750		$	1,472		$	1,466



	Three-Month Periods						Six-Month Periods
	Ended June 30,						Ended June 30,
	2019			2018			2019			2018
Operating income:
PacifiCorp	$	268		$	284		$	552		$	531
MidAmerican Funding	94			87			210			166
NV Energy	150			144			234			233
Northern Powergrid	110			111			239			258
BHE Pipeline Group	68			57			311			283
BHE Transmission	77			81			153			162
BHE Renewables	97			104			115			132
HomeServices	117			108			96			100
BHE and Other⁽¹⁾	(22		)	(4		)	(32		)	(22		)
Total operating income	959			972			1,878			1,843
Interest expense	(476		)	(461		)	(953		)	(927		)
Capitalized interest	17			15			33			27
Allowance for equity funds	38			24			70			45
Interest and dividend income	36			32			66			58
Gains (losses) on marketable securities, net	6			(387		)	(62		)	(596		)
Other, net	30			1			65			31
Total income before income tax expense and equity income	$	610		$	196		$	1,097		$	481



Interest expense:
PacifiCorp	$	102	$	96	$	198	$	192
MidAmerican Funding	74		61		149		124
NV Energy	56		59		118		117
Northern Powergrid	35		36		69		73
BHE Pipeline Group	12		10		24		20
BHE Transmission	39		42		78		85
BHE Renewables	44		49		88		101
HomeServices	7		6		14		10
BHE and Other⁽¹⁾	107		102		215		205
Total interest expense	$	476	$	461	$	953	$	927



Operating revenue by country:
United States	$	4,476	$	4,570	$	8,653	$	8,548
United Kingdom	242		245		505		522
Canada	175		177		343		357
Philippines and other	1		1		3		6
Total operating revenue by country	$	4,894	$	4,993	$	9,504	$	9,433



Income before income tax benefit and equity income (loss) by country:
United States	$	482	$	93	$	818	$	211
United Kingdom	76		49		179		161
Canada	39		41		79		82
Philippines and other	13		13		21		27
Total income before income tax benefit and equity income (loss) by country	$	610	$	196	$	1,097	$	481



	As of
	June 30,		December 31,
	2019		2018
Assets:
PacifiCorp	$	24,528	$	23,478
MidAmerican Funding	21,140		20,029
NV Energy	14,189		14,119
Northern Powergrid	7,587		7,427
BHE Pipeline Group	5,627		5,511
BHE Transmission	8,720		8,424
BHE Renewables	8,942		8,666
HomeServices	4,056		2,797
BHE and Other⁽¹⁾	1,353		1,738
Total assets	$	96,142	$	92,189


(1)	The differences between the reportable segment amounts and the consolidated amounts, described as BHE and Other, relate principally to other entities, corporate functions and intersegment eliminations.

Schedule of Goodwill

e following table shows the change in the carrying amount of goodwill by reportable segment for the six-month period ended June 30, 2019 (in millions):



										BHE Pipeline Group
	PacifiCorp		MidAmerican Funding		NV Energy		Northern Powergrid					BHE Transmission		BHE Renewables		HomeServices
	PacifiCorp		MidAmerican Funding		NV Energy		Northern Powergrid					BHE Transmission		BHE Renewables		HomeServices		Total

December 31, 2018	$	1,129	$	2,102	$	2,369	$	952		$	73	$	1,448	$	95	$	1,427	$	9,595
Acquisitions	—		—		—		—			—		—		—		23		23
Foreign currency translation	—		—		—		(3		)	—		60		—		—		57
June 30, 2019	$	1,129	$	2,102	$	2,369	$	949		$	73	$	1,508	$	95	$	1,450	$	9,675

MidAmerican Energy Company [Member]

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment

The following tables provide information on a reportable segment basis (in millions):



	Three-Month Periods						Six-Month Periods
	Ended June 30,						Ended June 30,
	2019			2018			2019			2018
Operating revenue:
Regulated electric	$	538		$	589		$	1,080		$	1,058
Regulated natural gas	111			127			406			402
Other	10			1			15			3
Total operating revenue	$	659		$	717		$	1,501		$	1,463

Operating income:
Regulated electric	$	87		$	78		$	153		$	114
Regulated natural gas	5			8			53			51
Other	2			1			3			1
Total operating income	94			87			209			166
Interest expense	(70		)	(56		)	(139		)	(114		)
Allowance for borrowed funds	7			4			13			8
Allowance for equity funds	17			13			32			23
Other, net	10			12			30			21
Income before income tax benefit	$	58		$	60		$	145		$	104



	As of
	June 30, 2019		December 31, 2018
Assets:
Regulated electric	$	17,735	$	16,511
Regulated natural gas	1,289		1,406
Other	3		3
Total assets	$	19,027	$	17,920

MidAmerican Funding, LLC and Subsidiaries [Domain]

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment

The following tables provide information on a reportable segment basis (in millions):



	Three-Month Periods						Six-Month Periods
	Ended June 30,						Ended June 30,
	2019			2018			2019			2018
Operating revenue:
Regulated electric	$	538		$	589		$	1,080		$	1,058
Regulated natural gas	111			127			406			402
Other	11			2			16			5
Total operating revenue	$	660		$	718		$	1,502		$	1,465

Operating income:
Regulated electric	$	87		$	78		$	153		$	114
Regulated natural gas	5			8			53			51
Other	2			1			4			1
Total operating income	94			87			210			166
Interest expense	(74		)	(61		)	(149		)	(124		)
Allowance for borrowed funds	7			4			13			8
Allowance for equity funds	17			13			32			23
Other, net	10			13			31			23
Income before income tax benefit	$	54		$	56		$	137		$	96



	As of
	June 30, 2019		December 31, 2018
Assets⁽¹⁾:
Regulated electric	$	18,926	$	17,702
Regulated natural gas	1,368		1,485
Other	19		15
Total assets	$	20,313	$	19,202



(1)	Assets by reportable segment reflect the assignment of goodwill to applicable reporting units.

Sierra Pacific Power Company [Member]

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment



	As of
	June 30,		December 31,
	2019		2018
Assets:
Regulated electric	$	3,237	$	3,177
Regulated natural gas	316		314
Regulated common assets⁽¹⁾	41		78
Total assets	$	3,594	$	3,569


(1)	Consists principally of cash and cash equivalents not included in either the regulated electric or regulated natural gas segments.