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Common Shareholders' Equity
 9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Common Shareholders' Equity
Common Shareholders' Equity

Earnings Per Share - The reconciliation of NEE's basic and diluted earnings per share attributable to NEE from continuing operations is as follows:

 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2014
 
2013
 
2014
 
2013
 
(millions, except per share amounts)
Numerator - income from continuing operations attributable to NEE(a)
$
660

 
$
698

 
$
1,581

 
$
1,350

Denominator:
 

 
 

 
 
Weighted-average number of common shares outstanding - basic
434.5

 
423.8

 
434.0

 
422.2

Equity units, performance share awards, options, forward sale agreement and restricted stock(b)
6.0

 
3.0

 
5.6

 
2.6

Weighted-average number of common shares outstanding - assuming dilution
440.5

 
426.8

 
439.6

 
424.8

Earnings per share attributable to NEE from continuing operations:
 
 
 
 
 
Basic
$
1.52

 
$
1.65

 
$
3.64

 
$
3.19

Assuming dilution
$
1.50

 
$
1.64

 
$
3.60

 
$
3.18

————————————
(a)
Calculated as income from continuing operations less net income attributable to noncontrolling interests from NEE's condensed consolidated statements of income.
(b)
Calculated using the treasury stock method.  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.

Common shares issuable pursuant to equity units, stock options and performance shares awards and restricted stock which were not included in the denominator above due to their antidilutive effect were approximately 5.4 million and 6.0 million for the three months ended September 30, 2014 and 2013, respectively, and 1.9 million and 0.9 million for the nine months ended September 30, 2014 and 2013, 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)
Three Months Ended September 30, 2014
 
Balances, June 30, 2014
$
(135
)

$
220


$
28


$
(33
)

$
(21
)

$
59

Other comprehensive income (loss) before reclassifications
(33
)

(12
)

—


(6
)

—


(51
)
Amounts reclassified from AOCI
45

(a) 
(6
)
(b) 
—


—


—


39

Net other comprehensive income (loss)
12


(18
)

—


(6
)

—


(12
)
Balances, September 30, 2014
$
(123
)

$
202


$
28


$
(39
)

$
(21
)

$
47

————————————
(a)
Reclassified to interest expense and other - net in NEE's condensed consolidated statements of income.  See Note 3 - Income Statement Impact of Derivative Instruments.
(b)
Reclassified to gains on disposal of assets - net in NEE's condensed consolidated statements of income.


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)
Three Months Ended September 30, 2013

Balances, June 30, 2013
$
(126
)

$
128


$
(67
)

$
(20
)

$
(17
)

$
(102
)
Other comprehensive income (loss) before reclassifications
(18
)

30


—


6


—


18

Amounts reclassified from AOCI
9

(a) 
(7
)
(b) 
—


—


—


2

Net other comprehensive income (loss)
(9
)

23


—


6


—


20

Balances, September 30, 2013
$
(135
)

$
151


$
(67
)

$
(14
)

$
(17
)

$
(82
)
————————————
(a)
Reclassified to interest expense and other - net in NEE's condensed consolidated statements of income.  See Note 3 - Income Statement Impact of Derivative Instruments.
(b)
Reclassified to gains on disposal of assets - net in NEE's condensed consolidated statements of income.

 
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)
Nine Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
Balances, December 31, 2013
$
(115
)
 
$
197

 
$
23

 
$
(33
)
 
$
(16
)
 
$
56

Other comprehensive income (loss) before reclassifications
(64
)
 
40

 
4

 
(6
)
 
(5
)
 
(31
)
Amounts reclassified from AOCI
56

(a) 
(35
)
(b) 
1

 
—

 
—

 
22

Net other comprehensive income (loss)
(8
)
 
5

 
5

 
(6
)
 
(5
)
 
(9
)
Balances, September 30, 2014
$
(123
)
 
$
202

 
$
28

 
$
(39
)
 
$
(21
)
 
$
47

————————————
(a)
Reclassified to interest expense and other - net in NEE's condensed consolidated statements of income.  See Note 3 - Income Statement Impact of Derivative Instruments.
(b)
Reclassified to gains on disposal of assets - net in NEE's condensed consolidated statements of income.

 
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)
Nine Months Ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
Balances, December 31, 2012
$
(266
)
 
$
96

 
$
(74
)
 
$
12

 
$
(23
)
 
$
(255
)
Other comprehensive income (loss) before reclassifications
83

 
72

 
6

 
(26
)
 
6

 
141

Amounts reclassified from AOCI
48

(a) 
(17
)
(b) 
1

 
—

 
—

 
32

Net other comprehensive income (loss)
131

 
55

 
7

 
(26
)
 
6

 
173

Balances, September 30, 2013
$
(135
)
 
$
151

 
$
(67
)
 
$
(14
)
 
$
(17
)
 
$
(82
)

————————————
(a)
Reclassified to interest expense and other - net in NEE's condensed consolidated statements of income.  See Note 3 - Income Statement Impact of Derivative Instruments.
(b)
Reclassified to gains on disposal of assets - net in NEE's condensed consolidated statements of income.