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Consolidated Statements of Operations - MidAmerican Funding LLC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating revenue:      
Total operating revenue $ 25,920 $ 25,602 $ 26,337
Operating expenses:      
Cost of fuel and energy 6,616 7,057 6,757
Total operating expenses 21,574 22,822 21,096
Operating income 4,346 2,780 5,241
Other income (expense):      
Interest expense (2,716) (2,415) (2,216)
Allowance for equity funds 352 267 167
Other, net 86 116 (7)
Total other income (expense) (1,173) (819) (3,828)
Income before income tax expense (benefit) and equity income (loss) 3,173 1,961 1,413
Income tax expense (benefit) (1,582) (1,699) (1,916)
Net income attributable to parent 4,300 3,020 2,721
MidAmerican Funding, LLC      
Operating revenue:      
Total operating revenue 3,251 3,393 4,025
Operating expenses:      
Cost of fuel and energy 797 952 1,442
Operations and maintenance 879 851 828
Depreciation and amortization 1,001 908 1,168
Property and other taxes 166 161 149
Total operating expenses 2,843 2,872 3,587
Operating income 408 521 438
Other income (expense):      
Interest expense (434) (362) (333)
Allowance for borrowed funds 25 19 15
Allowance for equity funds 65 59 51
Other, net 84 48 0
Total other income (expense) (260) (236) (267)
Income before income tax expense (benefit) and equity income (loss) 148 285 171
Income tax expense (benefit) (843) (695) (776)
Net income attributable to parent 991 980 947
Regulated electric | MidAmerican Funding, LLC      
Operating revenue:      
Total operating revenue 2,584 2,673 2,988
Operating expenses:      
Cost of fuel and energy 430 501 679
Regulated natural gas and other | MidAmerican Funding, LLC      
Operating revenue:      
Total operating revenue 667 720 1,037
Operating expenses:      
Cost of fuel and energy $ 367 $ 451 $ 763