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Consolidated Balance Sheets - MidAmerican Funding LLC - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,392 $ 1,565
Inventories 1,962 1,509
Other current assets 1,314 1,355
Total current assets 9,099 10,198
Property, plant and equipment, net 103,769 99,248
Goodwill 11,413 11,547
Regulatory assets 4,213 4,167
Investments and restricted cash and cash equivalents and investments 8,635 9,510
Other assets 3,011 3,170
Total assets 140,140 137,840
Current liabilities:    
Accounts payable 2,928 3,175
Accrued interest 728 625
Accrued property, income and other taxes 1,043 828
Subsidiary debt, current 2,646 2,740
Other current liabilities 2,109 1,551
Total current liabilities 10,941 13,421
Subsidiary debt 41,154 36,231
Regulatory liabilities 6,754 6,644
Deferred income taxes 12,628 12,437
Other long-term liabilities 5,917 6,166
Total liabilities 88,851 88,100
Commitments and contingencies
Equity:    
Additional paid-in capital 5,558 5,573
Retained earnings 46,311 44,765
Total shareholder's equity 50,009 48,434
Total liabilities and shareholder's equity 140,140 137,840
MidAmerican Funding, LLC    
Current assets:    
Cash and cash equivalents 552 637
Trade receivables, net 230 272
Income taxes receivable 2 1
Inventories 369 364
Prepayments 117 113
Other current assets 62 40
Total current assets 1,332 1,427
Property, plant and equipment, net 22,766 21,971
Goodwill 1,270 1,270
Regulatory assets 622 600
Investments and restricted cash and cash equivalents and investments 1,149 1,032
Other assets 251 209
Total assets 27,390 26,509
Current liabilities:    
Accounts payable 375 543
Accrued interest 122 112
Accrued property, income and other taxes 192 197
Notes payable to affiliates 13 0
Subsidiary debt, current 17 539
Other current liabilities 92 102
Total current liabilities 811 1,493
Subsidiary debt 9,047 8,467
Regulatory liabilities 1,264 1,079
Deferred income taxes 3,624 3,492
Asset retirement obligations 823 768
Other long-term liabilities 622 577
Total liabilities 16,191 15,876
Commitments and contingencies
Equity:    
Additional paid-in capital 1,679 1,679
Retained earnings 9,520 8,954
Total shareholder's equity 11,199 10,633
Total liabilities and shareholder's equity $ 27,390 $ 26,509