v3.26.1
Consolidated Balance Sheets (Unaudited) - SPPC - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 4,072 $ 1,695
Inventories 2,183 2,105
Regulatory assets 429 892
Prepayments 723 546
Other current assets 381 769
Total current assets 13,910 9,637
Regulatory assets 3,956 3,929
Other assets 4,414 3,264
Total assets 154,029 148,327
Current liabilities:    
Accounts payable 3,029 3,389
Accrued employee expenses 455 345
Current portion of long-term debt 628 1,455
Other current liabilities 2,078 1,930
Total current liabilities 9,654 11,392
Subsidiary junior subordinated debt 3,266 1,584
Regulatory liabilities 6,646 6,772
Deferred income taxes 13,114 12,999
Other long-term liabilities 7,312 5,624
Total liabilities 96,908 93,018
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 5,563 5,558
Retained earnings 52,355 50,351
Accumulated other comprehensive loss, net (2,035) (1,844)
Total BHE shareholder's equity 55,883 54,065
Total liabilities and equity 154,029 148,327
SPPC    
Current assets:    
Cash and cash equivalents 124 5
Trade receivables, net 118 108
Income taxes receivable 121 0
Other receivables, net 98 196
Inventories 156 151
Regulatory assets 54 56
Prepayments 64 20
Other current assets 10 19
Total current assets 745 555
Property, plant and equipment, net 6,788 6,056
Regulatory assets 217 218
Other assets 224 216
Total assets 7,974 7,045
Current liabilities:    
Accrued employee expenses 18 85
Current portion of long-term debt 0 410
Regulatory liabilities 92 72
Customer deposits 64 45
Other current liabilities 94 40
Total current liabilities 793 1,379
Long-term debt 1,117 1,116
Subsidiary junior subordinated debt 1,039 446
Regulatory liabilities 433 391
Deferred income taxes 359 390
Other long-term liabilities 698 342
Total liabilities 4,439 4,064
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 3,051 2,561
Retained earnings 485 421
Accumulated other comprehensive loss, net (1) (1)
Total BHE shareholder's equity 3,535 2,981
Total liabilities and equity 7,974 7,045
SPPC | Nonrelated party    
Current liabilities:    
Accounts payable 456 519
SPPC | Related party    
Current liabilities:    
Accounts payable $ 69 $ 208