Leases Leases (Tables)

9 Months Ended

Sep. 30, 2019

Lessee, Lease, Description [Line Items]

Operating and Finance Lease, Balance Sheet Summary [Table Text Block]

The following table summarizes the Company's leases recorded on the Consolidated Balance Sheet (in millions):

	As of
	September 30,
	2019
Right-of-use assets:
Operating leases	$	526
Finance leases	503
Total right-of-use assets	$	1,029
Lease liabilities:
Operating leases	$	574
Finance leases	517
Total lease liabilities	$	1,091

Lease, Cost [Table Text Block]

The following table summarizes the Company's lease costs (in millions):

	Three-Month Period		Nine-Month Period
	Ended September 30,		Ended September 30,
	2019		2019
Variable	$	156	$	453
Operating	43		127
Finance:
Amortization	4		12
Interest	10		31
Short-term	2		6
Total lease costs	$	215	$	629
Weighted-average remaining lease term (years):
Operating leases			7.8
Finance leases			29.3
Weighted-average discount rate:
Operating leases			5.2		%
Finance leases			8.6		%

Operating and Finance Lease, Supplemental Cash Flow [Table Text Block]

The following table summarizes the Company's supplemental cash flow information relating to leases (in millions):

	Nine-Month Period
	Ended September 30,
	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(106	)
Operating cash flows from finance leases	(32		)
Financing cash flows from finance leases	(14		)
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	$	49
Finance leases	12

Operating and Finance Lease, Liability, Maturity [Table Text Block]

The Company has the following remaining lease commitments as of (in millions):

	September 30, 2019									December 31, 2018(1)
	Operating			Finance			Total			Operating		Capital		Total
2019	$	38		$	16		$	54		$	147	$	69	$	216
2020	139			70			209			128		68		196
2021	118			76			194			110		73		183
2022	96			69			165			87		67		154
2023	68			58			126			61		56		117
Thereafter	241			779			1,020			159		772		931
Total undiscounted lease payments	700			1,068			1,768			$	692	$	1,105	$	1,797
Less - amounts representing interest	(126		)	(551		)	(677		)
Lease liabilities	$	574		$	517		$	1,091

(1)     Amounts included for comparability and accounted for in accordance with ASC 840, "Leases".

PacifiCorp [Member]

Lessee, Lease, Description [Line Items]

Operating and Finance Lease, Balance Sheet Summary [Table Text Block]

The following table summarizes PacifiCorp's leases recorded on the Consolidated Balance Sheet (in millions):

	As of
	September 30,
	2019
Right-of-use assets:
Operating leases	$	13
Finance leases	19
Total right-of-use assets	$	32
Lease liabilities:
Operating leases	$	13
Finance leases	19
Total lease liabilities	$	32

Lease, Cost [Table Text Block]

The following table summarizes PacifiCorp's lease costs (in millions):

	Three-Month Period		Nine-Month Period
	Ended September 30,		Ended September 30,
	2019		2019
Variable	$	10	$	36
Operating	1		2
Finance:
Amortization	—		1
Interest	1		2
Short-term	—		1
Total lease costs	$	12	$	42
Weighted-average remaining lease term (years):
Operating leases			13.6
Finance leases			9.3
Weighted-average discount rate:
Operating leases			3.7		%
Finance leases			10.6		%

Operating and Finance Lease, Liability, Maturity [Table Text Block]

PacifiCorp has the following remaining lease commitments as of (in millions):

	September 30, 2019									December 31, 2018(1)
	Operating			Finance			Total			Operating		Capital		Total
2019	$	1		$	1		$	2		$	3	$	4	$	7
2020	3			3			6			3		4		7
2021	2			7			9			3		7		10
2022	2			3			5			2		3		5
2023	2			2			4			2		2		4
Thereafter	7			16			23			7		16		23
Total undiscounted lease payments	17			32			49			$	20	$	36	$	56
Less - amounts representing interest	(4		)	(13		)	(17		)
Lease liabilities	$	13		$	19		$	32

(1)     Amounts included for comparability and accounted for in accordance with ASC 840, "Leases".

Nevada Power Company [Member]

Lessee, Lease, Description [Line Items]

Operating and Finance Lease, Balance Sheet Summary [Table Text Block]

The following table summarizes Nevada Power's leases recorded on the Consolidated Balance Sheet (in millions):

	As of
	September 30,
	2019
Right-of-use assets:
Operating leases	$	14
Finance leases	442
Total right-of-use assets	$	456
Lease liabilities:
Operating leases	$	17
Finance leases	454
Total lease liabilities	$	471

Lease, Cost [Table Text Block]

The following table summarizes Nevada Power's lease costs (in millions):

	Three-Month Period		Nine-Month Period
	Ended September 30,		Ended September 30,
	2019		2019
Variable	$	113	$	333
Operating	1		2
Finance:
Amortization	3		9
Interest	8		28
Total lease costs	$	125	$	372
Weighted-average remaining lease term (years):
Operating leases			7.7
Finance leases			30.9
Weighted-average discount rate:
Operating leases			4.5		%
Finance leases			8.7		%

Operating and Finance Lease, Supplemental Cash Flow [Table Text Block]

The following table summarizes Nevada Power's supplemental cash flow information relating to leases (in millions):

	Nine-Month Period
	Ended September 30,
	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(2	)
Operating cash flows from finance leases	(29		)
Financing cash flows from finance leases	(11		)
Right-of-use assets obtained in exchange for lease liabilities:
Finance leases	$	8

Operating and Finance Lease, Liability, Maturity [Table Text Block]

Nevada Power has the following remaining lease commitments as of (in millions):

	September 30, 2019									December 31, 2018(1)
	Operating			Finance			Total			Operating		Capital		Total
2019	$	1		$	13		$	14		$	3	$	59	$	62
2020	3			59			62			3		59		62
2021	3			63			66			3		61		64
2022	2			61			63			3		60		63
2023	2			51			53			2		50		52
Thereafter	9			715			724			10		709		719
Total undiscounted lease payments	20			962			982			$	24	$	998	$	1,022
Less - amounts representing interest	(3		)	(508		)	(511		)
Lease liabilities	$	17		$	454		$	471

(1)     Amounts included for comparability and accounted for in accordance with ASC Topic 840, "Leases".

Sierra Pacific Power Company [Member]

Lessee, Lease, Description [Line Items]

Operating and Finance Lease, Balance Sheet Summary [Table Text Block]

The following table summarizes Sierra Pacific's leases recorded on the Balance Sheet (in millions):

	As of
	September 30,
	2019
Right-of-use assets:
Operating leases	$	18
Finance leases	41
Total right-of-use assets	$	59
Lease liabilities:
Operating leases	$	18
Finance leases	42
Total lease liabilities	$	60

Lease, Cost [Table Text Block]

The following table summarizes Sierra Pacific's lease costs (in millions):

	Three-Month Period		Nine-Month Period
	Ended September 30,		Ended September 30,
	2019		2019
Variable	$	21	$	51
Operating	—		1
Finance:
Amortization	—		1
Interest	1		2
Total lease costs	$	22	$	55
Weighted-average remaining lease term (years):
Operating leases			26.0
Finance leases			22.1
Weighted-average discount rate:
Operating leases			5.0		%
Finance leases			7.2		%

Operating and Finance Lease, Supplemental Cash Flow [Table Text Block]

The following table summarizes Sierra Pacific's supplemental cash flow information relating to leases (in millions):

	Nine-Month Period
	Ended September 30,
	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(2	)
Operating cash flows from finance leases	(2		)
Financing cash flows from finance leases	(2		)
Right-of-use assets obtained in exchange for lease liabilities:
Finance leases	$	5

Operating and Finance Lease, Liability, Maturity [Table Text Block]

Sierra Pacific has the following remaining lease commitments as of (in millions):

	September 30, 2019									December 31, 2018(1)
	Operating			Finance			Total			Operating		Capital		Total
2019	$	—		$	2		$	2		$	2	$	6	$	8
2020	2			6			8			2		4		6
2021	2			6			8			2		5		7
2022	1			5			6			1		4		5
2023	1			5			6			1		4		5
Thereafter	27			48			75			28		47		75
Total undiscounted lease payments	33			72			105			$	36	$	70	$	106
Less - amounts representing interest	(15		)	(30		)	(45		)
Lease liabilities	$	18		$	42		$	60

(1)     Amounts included for comparability and accounted for in accordance with ASC Topic 840, "Leases".