Comprehensive Income

12 Months Ended

Dec. 31, 2011

Comprehensive Income [Abstract]

Comprehensive Income

Comprehensive Income

The components of NEE's comprehensive income and accumulated other comprehensive income (loss) are as follows:

			Accumulated Other Comprehensive Income (Loss)
	Net Income		Net Unrealized Gains (Losses) On Cash Flow Hedges				Other			Total			Comprehensive Income
	(millions)
Balances, December 31, 2008			$	5			$	(18	)	$	(13	)
Net income of NEE	$	1,615											$	1,615
Net unrealized gains (losses) on cash flow hedges:
Effective portion of net unrealized gains (net of $90 tax expense)			137				—			137			137
Reclassification from AOCI to net income (net of $50 tax benefit)(a)			(75		)		—			(75		)	(75		)
Net unrealized gains (losses) on available for sale securities:
Net unrealized gains on securities still held (net of $77 tax expense)			—				119			119			119
Reclassification from AOCI to net income (net of $17 tax benefit)			—				(27		)	(27		)	(27		)
Adjustments between AOCI and retained earnings			—				(5		)	(5		)	—
Defined benefit pension and other benefits plans (net of $14 tax expense)			—				22			22			22
Net unrealized gains on foreign currency translation (net of $5 tax expense)			—				11			11			11
Balances, December 31, 2009			67				102			169			$	1,802
Net income of NEE	$	1,957											$	1,957
Net unrealized gains (losses) on cash flow hedges:
Effective portion of net unrealized losses (net of $3 tax benefit)			(5		)		—			(5		)	(5		)
Reclassification from AOCI to net income (net of $35 tax benefit)			(38		)		—			(38		)	(38		)
Net unrealized gains (losses) on available for sale securities:
Net unrealized gains on securities still held (net of $41 tax expense)			—				60			60			60
Reclassification from AOCI to net income (net of $16 tax benefit)			—				(21		)	(21		)	(21		)
Defined benefit pension and other benefits plans (net of $1 tax expense)			—				2			2			2
Net unrealized losses on foreign currency translation			—				(1		)	(1		)	(1		)
Balances, December 31, 2010			24				142			166			$	1,954
Net income of NEE	$	1,923											$	1,923
Net unrealized gains (losses) on cash flow hedges:
Effective portion of net unrealized losses (net of $135 tax benefit)			(265		)		—			(265		)	(265		)
Reclassification from AOCI to net income (net of $18 tax expense)			37				—			37			37
Net unrealized gains (losses) on available for sale securities:
Net unrealized gain on securities still held (net of $13 tax expense)			—				19			19			19
Reclassification from AOCI to net income (net of $34 tax benefit)			—				(49		)	(49		)	(49		)
Defined benefit pension and other benefits plans (net of $32 tax benefit)			—				(45		)	(45		)	(45		)
Net unrealized losses on foreign currency translation (net of $3 tax benefit)			—				(5		)	(5		)	(5		)
Other comprehensive loss related to equity method investee (net of $8 tax benefit)			—				(12		)	(12		)	(12		)
Balances, December 31, 2011			$	(204	)	(b)	$	50		$	(154	)	$	1,603

__________________________________

(a) Includes amounts reclassified into earnings due to discontinuance of cash flow hedges of approximately $3 million (net of $2 million tax benefit) for which the hedged transactions are no longer probable of occurring.

(b) Approximately $13 million of losses, related to derivative instruments, is expected to be reclassified into earnings within the next 12 months as either the principal and/or interest payments are made or electricity is sold.  Such amount assumes no change in power prices, interest rates or scheduled principal payments.