Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information

Information related to the Company's reportable segments is shown below for the year ended December 31 (in millions):

	2024
	PacifiCorp		MidAmerican Funding		NV Energy		Northern Powergrid		BHE Pipeline Group		BHE Transmission		BHE Renewables		HomeServices		BHE and Other(1)		Total
Operating revenue	$	6,600	$	3,251	$	4,140	$	1,627	$	3,810	$	801	$	1,475	$	4,354	$	(138)	$	25,920
Cost of sales	2,752		797		2,290		148		198		23		544		3,145		(136)		9,761
Operations and maintenance	1,968		879		560		240		1,094		163		483		1,309		84		6,780
Depreciation and amortization	1,152		1,001		554		346		580		233		270		46		2		4,184
Interest expense	756		434		291		138		178		151		135		9		624		2,716
Interest and dividend income	193		40		36		8		63		3		16		24		60		443
Income tax expense (benefit)	(240)		(843)		67		128		365		18		(925)		(28)		(124)		(1,582)
Equity income (loss)	—		—		3		1		83		89		(503)		9		—		(318)
Other segment items	121		(32)		27		(89)		(309)		(42)		(34)		(13)		485		114
Earnings on common shares	$	526	$	991	$	444	$	547	$	1,232	$	263	$	447	$	(107)	$	(43)	$	4,300
Capital expenditures	$	3,102	$	1,704	$	1,777	$	657	$	1,050	$	253	$	455	$	8	$	7	$	9,013
Property, plant and equipment, net	$	29,120	$	22,766	$	13,840	$	8,165	$	17,373	$	5,812	$	6,377	$	151	$	165	$	103,769
Total assets	$	36,134	$	28,203	$	18,708	$	9,803	$	22,114	$	9,098	$	11,963	$	3,382	$	735	$	140,140

	2023
	PacifiCorp		MidAmerican Funding		NV Energy		Northern Powergrid		BHE Pipeline Group		BHE Transmission		BHE Renewables		HomeServices		BHE and Other(1)		Total
Operating revenue	$	5,936	$	3,393	$	4,523	$	1,303	$	3,774	$	799	$	1,710	$	4,322	$	(158)	$	25,602
Cost of sales	2,246		952		2,807		179		256		25		748		3,120		(156)		10,177
Operations and maintenance	3,148		851		511		199		1,052		139		472		1,138		84		7,594
Depreciation and amortization	1,126		908		615		455		542		256		266		50		2		4,220
Interest expense	546		362		259		119		150		150		160		13		656		2,415
Interest and dividend income	100		23		95		2		56		3		13		16		104		412
Income tax expense (benefit)	(553)		(695)		41		122		300		19		(876)		5		(62)		(1,699)
Equity income (loss)	—		—		3		(1)		75		75		(448)		8		—		(288)
Other segment items	9		(58)		6		(65)		(526)		(42)		13		(7)		637		(33)
Earnings on common shares	$	(468)	$	980	$	394	$	165	$	1,079	$	246	$	518	$	13	$	59	$	2,986
Capital expenditures	$	3,226	$	1,833	$	1,797	$	557	$	1,294	$	206	$	177	$	41	$	17	$	9,148
Property, plant and equipment, net	$	27,051	$	21,971	$	12,480	$	8,007	$	16,904	$	6,273	$	6,169	$	187	$	206	$	99,248
Total assets	$	33,757	$	27,331	$	17,788	$	9,596	$	21,723	$	9,624	$	11,045	$	3,407	$	3,569	$	137,840

	2022
	PacifiCorp		MidAmerican Funding		NV Energy		Northern Powergrid		BHE Pipeline Group		BHE Transmission		BHE Renewables		HomeServices		BHE and Other(1)		Total
Operating revenue	$	5,679	$	4,025	$	3,824	$	1,365	$	3,844	$	732	$	1,737	$	5,268	$	(137)	$	26,337
Cost of sales	1,979		1,442		2,093		203		455		8		713		3,784		(136)		10,541
Operations and maintenance	1,227		828		483		190		935		110		405		1,268		39		5,485
Depreciation and amortization	1,120		1,168		566		361		508		239		265		56		3		4,286
Interest expense	431		333		221		133		148		153		179		7		611		2,216
Interest and dividend income	46		7		65		3		10		1		8		2		12		154
Income tax expense (benefit)	(61)		(776)		56		75		276		14		(879)		47		(668)		(1,916)
Equity income (loss)	—		—		3		—		109		76		(382)		9		—		(185)
Other segment items	(108)		(90)		(46)		(21)		(601)		(38)		(37)		(17)		(2,061)		(3,019)
Earnings on common shares	$	921	$	947	$	427	$	385	$	1,040	$	247	$	643	$	100	$	(2,035)	$	2,675
Capital expenditures	$	2,166	$	1,869	$	1,113	$	768	$	1,157	$	200	$	140	$	48	$	44	$	7,505
Property, plant and equipment, net	$	24,430	$	21,092	$	10,993	$	7,445	$	16,216	$	6,209	$	6,236	$	188	$	234	$	93,043
Total assets	$	30,559	$	26,077	$	16,676	$	9,005	$	21,005	$	9,334	$	11,797	$	3,436	$	5,951	$	133,840

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

(2)Income tax (benefit) expense includes the tax attributes of disregarded entities that are not required to pay income taxes and the earnings of which are taxable directly to BHE.

The following table summarizes the other segment items category by the Company's reportable segments:

	PacifiCorp	MidAmerican Funding	NV Energy	Northern Powergrid	BHE Pipeline Group	BHE Transmission	BHE Renewables	HomeServices
Property and other taxes	x	x	x	x	x	x	x	x
Capitalized interest	x	x	x	x	x	x	x
Allowance for equity funds	x	x	x		x	x
Gains (losses) on marketable securities, net	x	x	x		x	x	x	x
Other income (expense), net	x	x	x	x	x	x	x	x
Net income attributable to noncontrolling interests	x			x	x	x	x	x

The following table summarizes the Company's revenue and property, plant and equipment, net by geographic region for the years ended December 31 (in millions):

	2024		2023		2022
Operating revenue by country:
U.S.	$	23,574	$	23,593	$	24,263
United Kingdom	1,577		1,277		1,345
Canada	719		706		709
Australia	44		20		20
Other	6		6		—
Total operating revenue by country	$	25,920	$	25,602	$	26,337

Property, plant and equipment, net by country:
U.S.	$	89,958	$	85,128	$	79,578
United Kingdom	7,890		7,710		6,959
Canada	5,705		6,178		6,091
Australia	216		232		415
Total property, plant and equipment, net by country	$	103,769	$	99,248	$	93,043

Schedule of Goodwill

The following table shows the changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2024 and 2023 (in millions):

									BHE
			MidAmerican		NV		Northern		Pipeline		BHE		BHE
	PacifiCorp		Funding		Energy		Powergrid		Group		Transmission		Renewables		HomeServices		Total
December 31, 2022	$	1,129	$	2,102	$	2,369	$	917	$	1,814	$	1,461	$	95	$	1,602	$	11,489
Acquisitions	—		—		—		—		—		—		—		1		1
Foreign currency translation	—		—		—		33		—		31		—		—		64
Other	—		—		—		—		—		—		—		(7)		(7)
December 31, 2023	1,129		2,102		2,369		950		1,814		1,492		95		1,596		11,547
Foreign currency translation	—		—		—		(10)		—		(119)		—		—		(129)
Other	—		—		—		—		—		—		—		(5)		(5)
December 31, 2024	$	1,129	$	2,102	$	2,369	$	940	$	1,814	$	1,373	$	95	$	1,591	$	11,413

MEC

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information

The following tables provide information on a reportable segment basis for the year ended December 31 (in millions):

	2024
	Electric		Natural Gas		Other(1)		Total
Operating revenue	$	2,584	$	658	$	9	$	3,251
Cost of sales	430		367		—		797
Operations and maintenance	757		121		1		879
Depreciation and amortization	935		66		—		1,001
Property and other taxes	152		14		—		166
Operating income	310		90		8		408
Interest expense	(387)		(30)		—		(417)
Interest and dividend income	37		3		—		40
Income tax expense (benefit)	(841)		(1)		3		(839)
Other segment items(2)	129		7		(3)		133
Net income	$	930	$	71	$	2	$	1,003
Capital expenditures	$	1,580	$	114	$	10	$	1,704
Total assets	$	24,159	$	1,956	$	1	$	26,116

	2023
	Electric		Natural Gas		Other(1)		Total
Operating revenue	$	2,673	$	713	$	7	$	3,393
Cost of sales	501		451		—		952
Operations and maintenance	711		138		2		851
Depreciation and amortization	846		62		—		908
Property and other taxes	144		17		—		161
Operating income	471		45		5		521
Interest expense	(320)		(26)		—		(346)
Interest and dividend income	22		2		—		24
Income tax expense (benefit)	(676)		(14)		(3)		(693)
Other segment items(2)	80		15		(5)		90
Net income	$	929	$	50	$	3	$	982
Capital expenditures	$	1,683	$	149	$	1	$	1,833
Total assets	$	23,334	$	1,900	$	1	$	25,235

	2022
	Electric		Natural Gas		Other(1)		Total
Operating revenue	$	2,988	$	1,030	$	7	$	4,025
Cost of sales	679		762		1		1,442
Operations and maintenance	692		135		1		828
Depreciation and amortization	1,112		56		—		1,168
Property and other taxes	133		16		—		149
Operating income	372		61		5		438
Interest expense	(290)		(23)		—		(313)
Interest and dividend income	6		1		—		7
Income tax expense (benefit)	(779)		9		—		(770)
Other segment items(2)	64		—		(5)		59
Net income	$	931	$	30	$	—	$	961
Capital expenditures	$	1,742	$	127	$	—	$	1,869
Total assets	$	22,092	$	1,885	$	1	$	23,978

(1)The differences between the reportable segment amounts and the consolidated amounts, described as Other, relate to nonregulated activities of the Company.

(2)Other segment items include allowance for borrowed and equity funds, gains (losses) on marketable securities and other income (expense).

MidAmerican Funding, LLC

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information

The following tables provide information on a reportable segment basis for the year ended December 31 (in millions):

	2024
	Electric		Natural Gas		Other(1)		Total
Operating revenue	$	2,584	$	658	$	9	$	3,251
Cost of sales	430		367		—		797
Operations and maintenance	757		121		1		879
Depreciation and amortization	935		66		—		1,001
Property and other taxes	152		14		—		166
Operating income	310		90		8		408
Interest expense	(387)		(30)		(17)		(434)
Interest and dividend income	37		3		—		40
Income tax expense (benefit)	(841)		(1)		(1)		(843)
Other segment items(2)	129		7		(2)		134
Net income	$	930	$	71	$	(10)	$	991
Capital expenditures	$	1,580	$	114	$	10	$	1,704
Total assets	$	25,350	$	2,035	$	5	$	27,390
Goodwill	$	1,191	$	79	$	—	$	1,270

	2023
	Electric		Natural Gas		Other(1)		Total
Operating revenue	$	2,673	$	713	$	7	$	3,393
Cost of sales	501		451		—		952
Operations and maintenance	711		138		2		851
Depreciation and amortization	846		62		—		908
Property and other taxes	144		17		—		161
Operating income	471		45		5		521
Interest expense	(320)		(26)		(16)		(362)
Interest and dividend income	22		2		—		24
Income tax expense (benefit)	(676)		(14)		(5)		(695)
Other segment items(2)	80		15		7		102
Net income	$	929	$	50	$	1	$	980
Capital expenditures	$	1,683	$	149	$	1	$	1,833
Total assets	$	24,525	$	1,979	$	5	$	26,509
Goodwill	$	1,191	$	79	$	—	$	1,270

	2022
	Electric		Natural Gas		Other(1)		Total
Operating revenue	$	2,988	$	1,030	$	7	$	4,025
Cost of sales	679		762		1		1,442
Operations and maintenance	692		135		1		828
Depreciation and amortization	1,112		56		—		1,168
Property and other taxes	133		16		—		149
Operating income	372		61		5		438
Interest expense	(290)		(23)		(20)		(333)
Interest and dividend income	6		1		—		7
Income tax expense (benefit)	(779)		9		(6)		(776)
Other segment items(2)	64		—		(5)		59
Net income	$	931	$	30	$	(14)	$	947
Capital expenditures	$	1,742	$	127	$	—	$	1,869
Total assets	$	23,283	$	1,963	$	8	$	25,254
Goodwill	$	1,191	$	79	$	—	$	1,270

(1)The differences between the reportable segment amounts and the consolidated amounts, described as Other, consists of the nonregulated subsidiaries of MidAmerican Funding not engaged in the energy business.

(2)Other segment items include allowance for borrowed and equity funds, gains (losses) on marketable securities and other income (expense).

SPPC

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information

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

	2024
	Regulated Electric		Regulated Natural Gas		Total
Operating revenue	$	1,080	$	182	$	1,262
Cost of sales	561		121		682
Operations and maintenance	213		32		245
Depreciation and amortization	162		19		181
Interest expense	79		7		86
Interest and dividend income	12		—		12
Income tax expense (benefit)	12		(2)		10
Other segment items (1)	17		(2)		15
Net income	$	82	$	3	$	85
Capital expenditures	$	643	$	31	$	674

	2023
	Regulated Electric		Regulated Natural Gas		Total
Operating revenue	$	1,194	$	237	$	1,431
Cost of sales	689		176		865
Operations and maintenance	182		22		204
Depreciation and amortization	168		17		185
Interest expense	62		4		66
Interest and dividend income	20		2		22
Income tax expense (benefit)	14		2		16
Other segment items (1)	(1)		1		—
Net Income	$	98	$	19	$	117
Capital expenditures	$	350	$	38	$	388

	2022
	Regulated Electric		Regulated Natural Gas		Total
Operating revenue	$	1,025	$	168	$	1,193
Cost of sales	555		111		666
Operations and maintenance	170		19		189
Depreciation and amortization	132		17		149
Interest expense	55		3		58
Interest and dividend income	16		2		18
Income tax expense (benefit)	15		4		19
Other segment items (1)	(12)		—		(12)
Net Income	$	102	$	16	$	118
Capital expenditures	$	304	$	47	$	351

	As of December 31,
	2024		2023		2022
Assets
Regulated electric	$	4,767	$	4,251	$	4,224
Regulated natural gas	518		454		441
Regulated common assets(2)	42		67		67
Total assets	$	5,327	$	4,772	$	4,732

(1)    Consists principally of property and other taxes, allowance for borrowed and equity funds and other income (expense).

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