Segment Information (Tables)

12 Months Ended

Dec. 31, 2011

Segment Information [Abstract]

Segment Information

NEE's segment information is as follows:

	2011										2010										2009
	FPL		NEER(a)			Corp. and Other			Total		FPL		NEER(a)			Corp. and Other			Total		FPL		NEER(a)			Corp. and Other		Total
											(millions)
Operating revenues	$	10,613	$	4,502		$	226		$	15,341	$	10,485	$	4,636		$	196		$	15,317	$	11,491	$	3,997		$	155	$	15,643
Operating expenses(b)	$	8,537	$	3,233		$	193		$	11,963	$	8,636	$	3,286		$	152		$	12,074	$	9,910	$	3,024		$	115	$	13,049
Interest expense	$	387	$	530		$	118		$	1,035	$	361	$	515		$	103		$	979	$	318	$	460		$	71	$	849
Interest income	$	3	$	23		$	53		$	79	$	—	$	21		$	70		$	91	$	1	$	23		$	54	$	78
Depreciation and amortization	$	798	$	736		$	33		$	1,567	$	1,008	$	759		$	21		$	1,788	$	1,097	$	651		$	17	$	1,765
Equity in earnings of equity method investees	$	—	$	55		$	—		$	55	$	—	$	58		$	—		$	58	$	—	$	52		$	—	$	52
Income tax expense (benefit)(c)(d)	$	654	$	(24	)	$	(101	)	$	529	$	580	$	(11	)	$	(37	)	$	532	$	473	$	(158	)	$	12	$	327
Net income (loss)(b)(e)	$	1,068	$	774		$	81		$	1,923	$	945	$	980		$	32		$	1,957	$	831	$	759		$	25	$	1,615
Capital expenditures, independent power and other investments and nuclear fuel purchases	$	3,502	$	2,774		$	352		$	6,628	$	2,706	$	3,072		$	68		$	5,846	$	2,717	$	3,235		$	54	$	6,006
Property, plant and equipment	$	35,170	$	21,482		$	900		$	57,552	$	32,423	$	21,304		$	494		$	54,221	$	30,982	$	18,844		$	343	$	50,169
Accumulated depreciation and amortization	$	10,916	$	3,914		$	232		$	15,062	$	10,871	$	4,073		$	202		$	15,146	$	10,578	$	3,341		$	172	$	14,091
Total assets	$	31,816	$	23,459		$	1,913		$	57,188	$	28,698	$	22,389		$	1,907		$	52,994	$	26,812	$	20,136		$	1,510	$	48,458
Investment in equity method investees	$	—	$	193		$	9		$	202	$	—	$	217		$	10		$	227	$	—	$	173		$	10	$	183

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(a) Interest expense allocated from NEECH to NEER is based on a deemed capital structure of 70% debt.  For this purpose, the deferred credit associated with differential membership interests sold by NEER subsidiaries is included with debt.  Residual non-utility interest expense is included in Corporate and Other.

(b) In 2011, NEER includes impairment charges of approximately $51 million ($31 million after-tax).  See Note 4 - Nonrecurring Fair Value Measurements.

(c) NEER includes PTCs that were recognized based on its tax sharing agreement with NEE. See Note 1 - Income Taxes.

(d) In 2011, Corporate and Other includes state deferred income tax benefits of approximately $64 million, net of federal income taxes, related to state tax law changes and an income tax benefit of $41 million related to the dissolution of a subsidiary.

(e) In 2011, NEER and Corporate and Other include an after-tax loss on sale of natural gas-fired generating assets of $92 million and $6 million, respectively.  See Note 4 - Nonrecurring Fair Value Measurements.