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Segment Information (Tables)
6 Months Ended
Jun. 30, 2012
Segment Reporting [Abstract]  
Segment information
 
Three Months Ended June 30,
 
2012
 
2011
 
FPL
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
FPL
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
Operating revenues
$
2,580

 
$
1,030

 
$
57

 
$
3,667

 
$
2,801

 
$
1,105

 
$
55

 
$
3,961

Operating expenses
$
1,918

 
$
676

 
$
51

 
$
2,645

 
$
2,230

 
$
776

(b) 
$
48

 
$
3,054

Net income
$
353

 
$
251

(c) 
$
3


$
607

 
$
301

 
$
239

(c) 
$
40

(d) 
$
580


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30,
 
2012
 
2011
 
FPL
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
FPL
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
Operating revenues
$
4,804

 
$
2,120

 
$
114

 
$
7,038

 
$
5,047

 
$
1,938

 
$
109

 
$
7,094

Operating expenses
$
3,661

 
$
1,415

 
$
96

 
$
5,172

 
$
4,069

 
$
1,600

(b) 
$
90

 
$
5,759

Net income
$
592

 
$
472

(c) 
$
4

 
$
1,068

 
$
506

 
$
304

(c) 
$
38

(d) 
$
848


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2012
 
December 31, 2011
 
FPL
 
NEER
 
Corporate
and Other
 
NEE
Consoli-
dated
 
FPL
 
NEER
 
Corporate
and Other
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
Total assets
$
33,655

 
$
24,754

 
$
1,981

 
$
60,390

 
$
31,816

 
$
23,459

 
$
1,913

 
$
57,188

————————————
(a)
Interest expense allocated from NEECH 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)
Includes impairment charges of approximately $51 million.  See Note 3 - Nonrecurring Fair Value Measurements.
(c)
2011 includes after-tax impairment charges of approximately $31 million.  See Note 3 - Nonrecurring Fair Value Measurements.  Also, see Note 5 for a discussion of NEER's tax benefits related to PTCs for both 2012 and 2011.
(d)
Includes state deferred income tax benefits, net of federal income taxes, of approximately $64 million, primarily related to state tax law changes.  See Note 5.