v3.26.1
Investments and Restricted Cash and Cash Equivalents and Investments (Tables)
 3 Months Ended
Mar. 31, 2026
Restricted Cash and Cash Equivalent Item [Line Items]  
Investments and Restricted Cash
Investments and restricted cash and cash equivalents and investments consists of the following (in millions):
As of
 March 31,December 31,
20262025
Investments: 
U.S. Treasury Bills$43 $42 
Company-owned life insurance
553  572 
Other342  386 
Total investments938  1,000 
Equity method investments:
BHE Renewables tax equity investments3,751 3,945 
Electric Transmission Texas, LLC856 835 
Iroquois Gas Transmission System, L.P.604 584 
Other321 336 
Total equity method investments5,532 5,700 
Restricted cash and cash equivalents and investments:   
Quad Cities Station nuclear decommissioning trust funds959 979 
Other restricted cash and cash equivalents166  183 
Total restricted cash and cash equivalents and investments1,125  1,162 
   
Total investments and restricted cash and cash equivalents and investments$7,595 $7,862 
Reflected as:
Other current assets$231 $254 
Noncurrent assets7,364 7,608 
Total investments and restricted cash and cash equivalents and investments$7,595  $7,862 
Unrealized Gain (Loss) on Investments
(Losses) gains on marketable securities, net recognized during the period consists of the following (in millions):
Three-Month Periods
Ended March 31,
20262025
Unrealized losses recognized on marketable securities held at the reporting date
$(8)$(8)
Net gains recognized on marketable securities sold during the period
3 111 
(Losses) gains on marketable securities, net$(5)$103 
Schedule of Cash and Cash Equivalents A reconciliation of cash and cash equivalents and restricted cash and cash equivalents as presented on the Consolidated Statements of Cash Flows is outlined below and disaggregated by the line items in which they appear on the Consolidated Balance Sheets (in millions):
As of
March 31,December 31,
20262025
Cash and cash equivalents$4,203 $1,695 
Investments and restricted cash and cash equivalents149 168 
Investments and restricted cash and cash equivalents and investments17 15 
Total cash and cash equivalents and restricted cash and cash equivalents$4,369 $1,878 
EEGH  
Restricted Cash and Cash Equivalent Item [Line Items]  
Investments and Restricted Cash
Investments and restricted cash and cash equivalents consists of the following (in millions):
As of
March 31,December 31,
20262025
Investments:
Investment funds$5 $8 
Equity method investments:
Iroquois267 247 
Restricted cash and cash equivalents:
Customer deposits32 33 
Total investments and restricted cash and cash equivalents$304 $288 
Reflected as:
Other current assets$32 $33 
Noncurrent assets272 255 
Total investments and restricted cash and cash equivalents$304 $288 
Schedule of Cash and Cash Equivalents A reconciliation of cash and cash equivalents and restricted cash and cash equivalents as presented on the Consolidated Statements of Cash Flows is outlined below and disaggregated by the line items in which they appear on the Consolidated Balance Sheets (in millions):
As of
March 31,December 31,
20262025
Cash and cash equivalents$86 $80 
Restricted cash and cash equivalents included in other current assets
32 33 
Total cash and cash equivalents and restricted cash and cash equivalents$118 $113 
EGTS  
Restricted Cash and Cash Equivalent Item [Line Items]  
Investments and Restricted Cash
Investments and restricted cash and cash equivalents consists of the following (in millions):
As of
March 31,December 31,
20262025
Investments:
Investment funds$5 $8 
Restricted cash and cash equivalents:
Customer deposits28 29 
Total investments and restricted cash and cash equivalents$33 $37 
Reflected as:
Current assets$28 $29 
Other assets5 8 
Total investments and restricted cash and cash equivalents$33 $37 
Schedule of Cash and Cash Equivalents A reconciliation of cash and cash equivalents and restricted cash and cash equivalents as presented on the Consolidated Statements of Cash Flows is outlined below and disaggregated by the line items in which they appear on the Consolidated Balance Sheets (in millions):
As of
March 31,December 31,
20262025
Cash and cash equivalents$27 $10 
Restricted cash and cash equivalents28 29 
Total cash and cash equivalents and restricted cash and cash equivalents$55 $39