Segment Information (Tables)

6 Months Ended

Jun. 30, 2013



	Three Months Ended June 30,
	2013										2012
	FPL		NEER^(a)			Corporate and Other			NEE Consoli- dated		FPL		NEER^(a)			Corporate and Other		NEE Consoli- dated
									(millions)
Operating revenues	$	2,696	$	1,046		$	91		$	3,833	$	2,580	$	1,030		$	57	$	3,667
Operating expenses	$	1,972	$	806		$	74		$	2,852	$	1,918	$	698	^(b)	$	51	$	2,667
Net income (loss)	$	391	$	229	^(c)	$	(10	)	$	610	$	353	$	251	^(c)	$	3	$	607



	Six Months Ended June 30,
	2013									2012
	FPL		NEER^(a)			Corporate and Other		NEE Consoli- dated		FPL		NEER^(a)			Corporate and Other		NEE Consoli- dated
								(millions)
Operating revenues	$	4,885	$	2,062		$	165	$	7,112	$	4,804	$	2,120		$	114	$	7,038
Operating expenses	$	3,618	$	1,955	^(d)	$	124	$	5,697	$	3,661	$	1,477	^(b)	$	97	$	5,235
Income from continuing operations	$	679	$	14	^(c)	$	2	$	695	$	592	$	472	^(c)	$	4	$	1,068
Net gain from discontinued operations, net of income taxes^(e)	$	—	$	175		$	13	$	188	$	—	$	—		$	—	$	—
Net income	$	679	$	189	^(c)	$	15	$	883	$	592	$	472	^(c)	$	4	$	1,068



	June 30, 2013								December 31, 2012
	FPL		NEER		Corporate and Other		NEE Consoli- dated		FPL		NEER			Corporate and Other		NEE Consoli- dated
							(millions)
Total assets	$	35,990	$	27,091	$	2,136	$	65,217	$	34,853	$	27,139	^(f)	$	2,447	$	64,439

————————————


(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)	Amount is restated to conform to current year's presentation.


(c)	Includes NEER's tax benefits related to PTCs and for the six months ended June 30, 2013 also includes after-tax charges of $342 million associated with the impairment of the Spain solar projects. See Note 3 - Nonrecurring Fair Value Measurements and Note 5.


(d)	Includes an impairment charge on NEER's Spain solar projects of $300 million. See Note 3 - Nonrecurring Fair Value Measurements.


(e)	See Note 6.


(f)	Includes assets held for sale of approximately $335 million.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details