v3.26.1
Consolidated Balance Sheets (Unaudited) - PAC - 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
Assets held for sale 2,008 0
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 interest 877 797
Accrued property, income and other taxes 812 745
Accrued employee expenses 455 345
Short-term debt 1,374 1,997
Current portion of long-term debt 628 1,455
Wildfires liabilities 155 734
Liabilities held for sale 246 0
Other current liabilities 2,078 1,930
Total current liabilities 9,654 11,392
Senior debt 11,463 11,461
Junior subordinated debt 3,266 1,584
Regulatory liabilities 6,646 6,772
Deferred income taxes 13,114 12,999
Wildfires liabilities 417 427
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
PAC    
Current assets:    
Cash and cash equivalents 2,068 73
Trade receivables, net 872 1,032
Other receivables, net 159 212
Inventories 964 920
Regulatory assets 345 669
Prepayments 208 148
Assets held for sale 1,919 0
Other current assets 302 138
Total current assets 6,837 3,192
Property, plant and equipment, net 30,337 31,113
Regulatory assets 1,878 1,891
Other assets 2,221 994
Total assets 41,273 37,190
Current liabilities:    
Accounts payable 1,346 1,378
Accrued interest 328 260
Accrued property, income and other taxes 143 96
Accrued employee expenses 138 105
Short-term debt 0 1,000
Current portion of long-term debt 0 100
Regulatory liabilities 70 80
Wildfires liabilities 155 734
Liabilities held for sale 246 0
Other current liabilities 523 529
Total current liabilities 2,949 4,282
Senior debt 16,078 13,193
Junior subordinated debt 1,930 841
Regulatory liabilities 2,440 2,577
Deferred income taxes 3,425 3,274
Finance lease obligations 1,650 393
Wildfires liabilities 417 427
Other long-term liabilities 971 1,056
Total liabilities 29,860 26,043
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 4,479 4,479
Retained earnings 6,944 6,678
Accumulated other comprehensive loss, net (10) (10)
Total BHE shareholder's equity 11,413 11,147
Total liabilities and equity $ 41,273 $ 37,190