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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
OPERATING REVENUE $ 3,371 $ 3,134
OPERATING EXPENSES    
Fuel, purchased power and interchange 1,182 1,404
Other operations and maintenance 775 693
Depreciation and amortization 320 331
Taxes other than income taxes and other 251 278
Total operating expenses 2,528 2,706
OPERATING INCOME 843 428
OTHER INCOME (DEDUCTIONS)    
Interest expense (265) (254)
Equity in earnings (losses) of equity method investees (3) 10
Allowance for equity funds used during construction 13 12
Interest income 20 21
Gains on disposal of assets - net 11 17
Other - net (1) 2
Total other deductions - net (225) (192)
INCOME BEFORE INCOME TAXES 618 236
INCOME TAXES 157 (32)
NET INCOME 461 268
Earnings per share of common stock:    
Basic (in dollars per share) $ 1.12 $ 0.64
Assuming dilution (in dollars per share) $ 1.11 $ 0.64
Dividends per share of common stock (in dollars per share) $ 0.60 $ 0.55
Weighted-average number of common shares outstanding:    
Basic (in shares) 412.3 415.8
Assuming dilution (in shares) 414.7 418.4
FLORIDA POWER & LIGHT COMPANY
   
OPERATING REVENUE 2,224 2,246
OPERATING EXPENSES    
Fuel, purchased power and interchange 935 1,071
Other operations and maintenance 436 374
Depreciation and amortization 118 142
Taxes other than income taxes and other 254 253
Total operating expenses 1,743 1,840
OPERATING INCOME 481 406
OTHER INCOME (DEDUCTIONS)    
Interest expense (104) (91)
Allowance for equity funds used during construction 10 11
Total other deductions - net (94) (80)
INCOME BEFORE INCOME TAXES 387 326
INCOME TAXES 148 121
NET INCOME $ 239 $ 205