CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Dec. 31, 2011		Dec. 31, 2010
PROPERTY, PLANT AND EQUIPMENT
Electric utility plant in service and other property	$ 50,768		$ 48,841
Nuclear fuel	1,795		1,539
Construction work in progress	4,989		3,841
Less accumulated depreciation and amortization	(15,062)		(15,146)
Total property, plant and equipment - net ($3,063 and $2,398 related to VIEs, respectively)	42,490		39,075
CURRENT ASSETS
Cash and cash equivalents	377		302
Customer receivables, net of allowances	1,372		1,509
Other receivables	430		1,073
Materials, supplies and fossil fuel inventory	1,074		857
Regulatory assets:
Deferred clause and franchise expenses	112		368
Derivatives	502		236
Other	84		82
Derivatives	611		506
Other	310		325
Total current assets	4,872		5,258
OTHER ASSETS
Special use funds	3,867		3,742
Other investments	907		971
Prepaid benefit costs	1,021		1,259
Regulatory assets:
Securitized storm-recovery costs ($317 and $356 related to a VIE, respectively)	517		581
Other	621		329
Derivatives	973		589
Other	1,920		1,190
Total other assets	9,826		8,661
TOTAL ASSETS	57,188		52,994
CAPITALIZATION
Common stock	4		4
Additional paid-in capital	5,217		5,418
Retained earnings	9,876		8,873
Accumulated other comprehensive (loss) income	(154)		166
Total common shareholders' equity	14,943		14,461
Long-term debt	20,810		18,013
Total capitalization	35,753		32,474
CURRENT LIABILITIES
Commercial Paper	1,349		889
Current maturities of long-term debt	808		1,920
Accounts payable	1,191		1,124
Customer deposits	547		634
Accrued interest and taxes	464		462
Derivatives	1,090	[1]	536	[1]
Accrued construction-related expenditures	518		371
Other	752		968
Total current liabilities	6,719		6,904
OTHER LIABILITIES AND DEFERRED CREDITS
Asset retirement obligations	1,611		1,639
Accumulated deferred income taxes	5,681		5,109
Regulatory liabilities:
Accrued asset removal costs	2,197		2,244
Asset retirement obligation regulatory expense difference	1,640		1,592
Other	419		423
Derivatives	541	[2]	243	[2]
Deferral related to differential membership interests - VIEs	1,203		949
Other	1,424		1,417
Total other liabilities and deferred credits	14,716		13,616
TOTAL CAPITALIZATION AND LIABILITIES	57,188		52,994
Florida Power and Light Company [Member]
ELECTRIC UTILITY PLANT
Plant in service	31,564		29,519
Nuclear fuel	1,005		729
Construction work in progress	2,601		2,175
Less accumulated depreciation and amortization	(10,916)		(10,871)
Electric utility plant - net	24,254		21,552
CURRENT ASSETS
Cash and cash equivalents	36		20
Customer receivables, net of allowances	682		710
Other receivables	312		395
Materials, supplies and fossil fuel inventory	759		505
Regulatory assets:
Deferred clause and franchise expenses	112		368
Derivatives	502		236
Other	80		76
Other	166		145
Total current assets	2,649		2,455
OTHER ASSETS
Special use funds	2,737		2,637
Prepaid benefit costs	1,088		1,035
Regulatory assets:
Securitized storm-recovery costs ($317 and $356 related to a VIE, respectively)	517		581
Other	395		293
Other	176		145
Total other assets	4,913		4,691
TOTAL ASSETS	31,816		28,698
CAPITALIZATION
Common stock	1,373		1,373
Additional paid-in capital	5,464		5,054
Retained earnings	4,013		3,364
Total common shareholders' equity	10,850		9,791
Long-term debt	7,483		6,682
Total capitalization	18,333		16,473
CURRENT LIABILITIES
Commercial Paper	330		101
Current maturities of long-term debt	50		45
Accounts payable	678		554
Customer deposits	541		628
Accrued interest and taxes	221		311
Derivatives	512		245
Accrued construction-related expenditures	261		183
Other	373		441
Total current liabilities	2,966		2,508
OTHER LIABILITIES AND DEFERRED CREDITS
Asset retirement obligations	1,144		1,083
Accumulated deferred income taxes	4,593		3,835
Regulatory liabilities:
Accrued asset removal costs	2,197		2,244
Asset retirement obligation regulatory expense difference	1,640		1,592
Other	416		377
Other	527		586
Total other liabilities and deferred credits	10,517		9,717
TOTAL CAPITALIZATION AND LIABILITIES	$ 31,816		$ 28,698

[1] At December 31, 2011 and 2010, NEE's balances reflect the netting of approximately $112 million and $23 million (none at FPL), respectively, in margin cash collateral provided to counterparties.

[2] At December 31, 2011 and 2010, NEE's balances reflect the netting of approximately $79 million and $72 million (none at FPL) in margin cash collateral provided to counterparties.