v3.26.1
Consolidated Balance Sheets (Unaudited) - SPPC - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 4,203 $ 1,695
Income taxes receivable 1,048 291
Inventories 2,086 2,105
Regulatory assets 573 892
Other current assets 1,195 1,024
Total current assets 14,612 9,637
Regulatory assets 3,898 3,929
Other assets 3,189 3,264
Total assets 152,029 148,327
Current liabilities:    
Accounts payable 2,923 3,389
Accrued employee expenses 409 345
Current portion of long-term debt 1,257 1,455
Other current liabilities 1,893 1,930
Total current liabilities 9,515 11,392
Subsidiary junior subordinated debt 3,266 1,584
Regulatory liabilities 6,585 6,772
Deferred income taxes 13,119 12,999
Other long-term liabilities 5,873 5,624
Total liabilities 95,737 93,018
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 5,563 5,558
Retained earnings 51,465 50,351
Accumulated other comprehensive loss, net (1,976) (1,844)
Total BHE shareholder's equity 55,052 54,065
Total liabilities and equity 152,029 148,327
SPPC    
Current assets:    
Cash and cash equivalents 501 5
Trade receivables, net 92 108
Income taxes receivable 153 0
Other receivables, net 281 196
Inventories 152 151
Regulatory assets 54 56
Prepaid expenses 84 20
Other current assets 6 19
Total current assets 1,323 555
Property, plant and equipment, net 6,339 6,056
Regulatory assets 228 218
Other assets 233 216
Total assets 8,123 7,045
Current liabilities:    
Accrued employee expenses 24 85
Current portion of long-term debt 410 410
Regulatory liabilities 86 72
Other current liabilities 150 85
Total current liabilities 1,310 1,379
Long-term debt 1,117 1,116
Subsidiary junior subordinated debt 1,039 446
Regulatory liabilities 440 391
Deferred income taxes 356 390
Other long-term liabilities 552 342
Total liabilities 4,814 4,064
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 2,861 2,561
Retained earnings 449 421
Accumulated other comprehensive loss, net (1) (1)
Total BHE shareholder's equity 3,309 2,981
Total liabilities and equity 8,123 7,045
SPPC | Nonrelated party    
Current liabilities:    
Accounts payable 531 519
SPPC | Related party    
Current liabilities:    
Accounts payable $ 109 $ 208