v3.26.1
Consolidated Statements of Operations (Unaudited) - MidAmerican Funding LLC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating revenue:    
Revenues $ 6,672 $ 6,366
Operating expenses:    
Cost of sales 1,670 1,531
Total operating expenses 5,214 4,983
Operating income 1,458 1,383
Other income (expense):    
Interest expense (746) (686)
Allowance for equity funds 80 66
Other, net (8) (15)
Total other income (expense) (580) (430)
Income before income tax expense (benefit) and equity income (loss) 878 953
Income tax expense (benefit) (430) (399)
Net income (loss) attributable to parent 1,114 1,187
MidAmerican Funding, LLC    
Operating revenue:    
Revenues 1,140 1,014
Operating expenses:    
Cost of sales 484 369
Operations and maintenance 220 227
Depreciation and amortization 277 307
Property and other taxes 48 44
Total operating expenses 1,029 947
Operating income 111 67
Other income (expense):    
Interest expense (109) (105)
Allowance for borrowed funds 6 7
Allowance for equity funds 17 18
Other, net 2 5
Total other income (expense) (84) (75)
Income before income tax expense (benefit) and equity income (loss) 27 (8)
Income tax expense (benefit) (218) (236)
Net income (loss) attributable to parent 245 228
Regulated electric | MidAmerican Funding, LLC    
Operating revenue:    
Revenues 747 667
Operating expenses:    
Cost of sales 194 124
Regulated natural gas and other | MidAmerican Funding, LLC    
Operating revenue:    
Revenues 393 347
Operating expenses:    
Cost of sales $ 290 $ 245