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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
PROPERTY, PLANT AND EQUIPMENT    
Electric utility plant in service and other property $ 52,479 $ 50,768
Nuclear fuel 1,952 1,795
Construction work in progress 6,517 4,989
Less accumulated depreciation and amortization (15,453) (15,062)
Total property, plant and equipment - net 45,495 42,490
CURRENT ASSETS    
Cash and cash equivalents 295 377
Customer receivables, net of allowances 1,466 1,372
Other receivables 542 430
Materials, supplies and fossil fuel inventory 1,082 1,074
Regulatory assets:    
Deferred clause and franchise expenses 91 112
Derivatives 316 502
Other 86 84
Derivatives 632 611
Other 344 310
Total current assets 4,854 4,872
OTHER ASSETS    
Special use funds 4,071 3,867
Other investments 957 907
Prepaid benefit costs 1,060 1,021
Regulatory assets:    
Securitized storm-recovery costs 483 517
Other 522 621
Derivatives 1,158 [1] 973 [1]
Other 1,790 1,920
Total other assets 10,041 9,826
TOTAL ASSETS 60,390 57,188
CAPITALIZATION    
Common stock 4 4
Additional paid-in capital 5,530 5,217
Retained earnings 10,444 9,876
Accumulated other comprehensive income (loss) (190) (154)
Total common shareholders' equity 15,788 14,943
Long-term debt 21,580 20,810
Total capitalization 37,368 35,753
CURRENT LIABILITIES    
Commercial paper 1,327 1,349
Short-term Debt 188 0
Current maturities of long-term debt 1,755 808
Accounts payable 1,134 1,191
Customer deposits 517 547
Accrued interest and taxes 625 464
Derivatives 882 [2] 1,090 [2]
Accrued construction-related expenditures 497 518
Other 718 752
Total current liabilities 7,643 6,719
OTHER LIABILITIES AND DEFERRED CREDITS    
Asset retirement obligations 1,659 1,611
Accumulated deferred income taxes 5,987 5,681
Regulatory liabilities:    
Accrued asset removal costs 2,030 2,197
Asset retirement obligation regulatory expense difference 1,736 1,640
Other 423 419
Derivatives 633 [3] 541 [3]
Deferral related to differential membership interests - VIEs 1,471 1,203
Other 1,440 1,424
Total other liabilities and deferred credits 15,379 14,716
COMMITMENTS AND CONTINGENCIES      
TOTAL CAPITALIZATION AND LIABILITIES 60,390 57,188
FPL [Member]
   
ELECTRIC UTILITY PLANT    
Plant in service 32,519 31,564
Nuclear fuel 1,122 1,005
Construction work in progress 3,237 2,601
Less accumulated depreciation and amortization (10,854) (10,916)
Electric utility plant - net 26,024 24,254
CURRENT ASSETS    
Cash and cash equivalents 26 36
Customer receivables, net of allowances 809 682
Other receivables 378 312
Materials, supplies and fossil fuel inventory 761 759
Regulatory assets:    
Deferred clause and franchise expenses 91 112
Derivatives 316 502
Other 83 80
Other 170 166
Total current assets 2,634 2,649
OTHER ASSETS    
Special use funds 2,867 2,737
Prepaid benefit costs 1,112 1,088
Regulatory assets:    
Securitized storm-recovery costs 483 517
Other 337 395
Derivatives 14 [1],[4] 2 [1],[4]
Other 198 176
Total other assets 4,997 4,913
TOTAL ASSETS 33,655 31,816
CAPITALIZATION    
Common stock 1,373 1,373
Additional paid-in capital 5,704 5,464
Retained earnings 4,605 4,013
Total common shareholders' equity 11,682 10,850
Long-term debt 7,656 7,483
Total capitalization 19,338 18,333
CURRENT LIABILITIES    
Commercial paper 538 330
Current maturities of long-term debt 451 50
Accounts payable 628 678
Customer deposits 512 541
Accrued interest and taxes 393 221
Derivatives 327 [2] 512 [2]
Accrued construction-related expenditures 240 261
Other 334 373
Total current liabilities 3,423 2,966
OTHER LIABILITIES AND DEFERRED CREDITS    
Asset retirement obligations 1,175 1,144
Accumulated deferred income taxes 5,010 4,593
Regulatory liabilities:    
Accrued asset removal costs 2,030 2,197
Asset retirement obligation regulatory expense difference 1,736 1,640
Other 423 416
Derivatives 0 [3],[5] 1 [3],[5]
Other 520 527
Total other liabilities and deferred credits 10,894 10,517
COMMITMENTS AND CONTINGENCIES      
TOTAL CAPITALIZATION AND LIABILITIES $ 33,655 $ 31,816
[1] At June 30, 2012 and December 31, 2011, NEE's balances reflect the netting of approximately $181 million and $109 million (none at FPL), respectively, in margin cash collateral received from counterparties.
[2] At June 30, 2012 and December 31, 2011, NEE's balances reflect the netting of approximately $82 million and $112 million (none at FPL), respectively, in margin cash collateral provided to counterparties.
[3] At June 30, 2012 and December 31, 2011, NEE's balances reflect the netting of approximately $29 million and $79 million (none at FPL), respectively, in margin cash collateral provided to counterparties.
[4] Included in noncurrent other assets on FPL's condensed consolidated balance sheets.
[5] Included in noncurrent other liabilities on FPL's condensed consolidated balance sheets.