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Debt (Tables)
9 Months Ended
Sep. 30, 2014
Debt Disclosure [Abstract]  
Long-term debt issuances and borrowings
Significant long-term debt issuances and borrowings by subsidiaries of NEE during the nine months ended September 30, 2014 were as follows:

Date Issued
 
Company
 
Debt Issuances/Borrowings
 
Interest
Rate
 
Principal
Amount
 
Maturity
Date
 
 
 
 
 
 
 
 
(millions)
 
 
January - September 2014
 
NEER subsidiary
 
Canadian revolving credit agreements
 
Variable

(a) 
$
674

 
Various
January 2014
 
NEER subsidiary
 
Senior secured limited-recourse term loan
 
Variable

(a) 
$
44

 
2019
March 2014
 
NEECH
 
Debentures
 
2.700
%
(b) 
$
350

 
2019
May 2014
 
FPL
 
First mortgage bonds
 
3.25
%
 
$
500

 
2024
June 2014
 
NEECH
 
Debentures
 
2.40
%
(b) 
$
350

 
2019
June 2014
 
NEER subsidiary
 
Senior secured limited-recourse notes
 
5.60
%
 
$
280

 
2038
June 2014
 
NEER subsidiary
 
Canadian senior secured limited-recourse term loan
 
Variable

(a)(b) 
$
157

 
2032
June 2014
 
NEECH
 
Japanese yen denominated term loan
 
Variable

(a)(b)(c) 
$
540

 
2017
July 2014
 
NEER subsidiary
 
Senior secured limited-recourse term loan
 
Variable

(a)(b) 
$
46

 
2032
July 2014
 
Lone Star Transmission, LLC
 
Senior secured notes
 
2.45% - 4.42%

 
$
360

 
2021 - 2044
July 2014
 
NEECH subsidiary(d)
 
Senior secured limited-recourse term loan
 
Variable

(a)(b) 
$
400

 
2019
September 2014
 
FPL
 
First mortgage bonds
 
4.05
%
 
$
500

 
2044
————————————
(a)
Variable rate is based on an underlying index plus a margin.
(b)
Interest rate swap agreements have been entered into with respect to these issuances.  See Note 3.
(c)
Cross currency basis swap agreements were entered into with respect to both interest and principal payments on this loan.
(d)
Subsidiary conducts the fiber-optic telecommunications business primarily in Florida.