XML 60 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
Common Shareholders' Equity
3 Months Ended
Mar. 31, 2013
Equity [Abstract]  
Common Shareholders' Equity
8.  Common Shareholders' Equity

Earnings Per Share - The reconciliation of NEE's basic and diluted earnings per share of common stock from continuing operations is as follows:
 
Three Months Ended March 31,
 
 
2013
 
2012
 
 
(millions, except per share amounts)
Numerator - income from continuing operations
$
84

 
$
461

 
Denominator:
 

 
 

 
Weighted-average number of common shares outstanding - basic
421.0

 
412.3

 
Performance share awards, options, equity units and restricted stock(a)
2.7

 
2.4

 
Weighted-average number of common shares outstanding - assuming dilution
423.7

 
414.7

 
Earnings per share of common stock from continuing operations:
 

 
 

 
Basic
$
0.20

 
$
1.12

 
Assuming dilution
$
0.20

 
$
1.11

 
————————————
(a)
Performance share awards are included in diluted weighted-average number of common shares outstanding based upon what would be issued if the end of the reporting period was the end of the term of the award.  Performance share awards, options, equity units and restricted stock are included in diluted weighted-average number of common shares outstanding by applying the treasury stock method.

Common shares issuable pursuant to stock options, performance shares and restricted stock awards which were not included in the denominator above due to their antidilutive effect were approximately 0.4 million and 0.6 million for the three months ended March 31, 2013 and 2012, respectively.

Accumulated Other Comprehensive Income (Loss) - The components of AOCI, net of tax, are as follows:

 
Accumulated Other Comprehensive Income (Loss)
 
Net Unrealized Gains (Losses) on Cash Flow Hedges
 
Net Unrealized Gains (Losses) on Available for Sale Securities
 
Defined Benefit Pension and Other Benefits Plans
 
Net Unrealized Gains (Losses) on Foreign Currency Translation
 
Other Comprehensive Income (Loss) Related to Equity Method Investee
 
Total
 
(millions)
Balances, December 31, 2012
$
(266
)
 
$
96

 
$
(74
)
 
$
12

 
$
(23
)
 
$
(255
)
Other comprehensive income (loss) before reclassifications
65

 
40

 
6

 
(9
)
 
1

 
103

Amounts reclassified from AOCI
21

(a) 
(6
)
(b) 
1

 

 

 
16

Net other comprehensive income (loss)
86

 
34

 
7

 
(9
)
 
1

 
119

Balances, March 31, 2013
$
(180
)
 
$
130

 
$
(67
)
 
$
3

 
$
(22
)
 
$
(136
)
————————————
(a)
Reclassified to interest expense in NEE's condensed consolidated statements of income.
(b)
Reclassified to other - net in NEE's condensed consolidated statements of income.