XML 35 R43.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fair Value Measurements (Fair Value of Instruments Recorded at Carrying Amount) (Details) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Held To Maturity Notes Receivable Maturity Date High 2029  
Special Use Funds Storm Fund Assets $ 75  
Special use funds: nuclear decommissioning fund assets 4,955  
Available for sale debt securities amortized cost 1,923 1,954
Available For Sale Securities Equity Securities Amortized Cost 1,499 1,384
Special Use Funds Nuclear Decommissioning Funds Weighted Average Maturity 7 years  
Special Use Funds Storm Fund Weighted Average Maturity 3 years  
Estimated Fair Value [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Special Use Funds Recorded at Carrying Amount Fair Value Disclosure 386 [1] 311 [1]
Other Investments Notes Receivable Fair Value Disclosure 682 [2] 627 [2]
Long Term Debt Including Current Maturities Fair Value Disclosure 30,080 [3] 28,612 [3]
Estimated Fair Value [Member] | Fair Value, Inputs, Level 2 [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long Term Debt Including Current Maturities Fair Value Disclosure 19,515 17,921
Carrying Amount [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Special Use Funds Recorded at Carrying Amount Fair Value Disclosure 386 [1] 311 [1]
Other Investments Notes Receivable Fair Value Disclosure 520 531
Long Term Debt Including Current Maturities Fair Value Disclosure 28,231 27,728
FPL [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Special use funds: nuclear decommissioning fund assets 3,359  
Available for sale debt securities amortized cost 1,528 1,595
Available For Sale Securities Equity Securities Amortized Cost 787 694
Special Use Funds Nuclear Decommissioning Funds Weighted Average Maturity 7 years  
FPL [Member] | Estimated Fair Value [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Special Use Funds Recorded at Carrying Amount Fair Value Disclosure 247 [1] 200 [1]
Long Term Debt Including Current Maturities Fair Value Disclosure 10,763 [3] 9,451 [3]
FPL [Member] | Carrying Amount [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Special Use Funds Recorded at Carrying Amount Fair Value Disclosure 247 [1] 200 [1]
Long Term Debt Including Current Maturities Fair Value Disclosure $ 9,471 $ 8,829
[1] Primarily represents investments accounted for under the equity method and loans not measured at fair value on a recurring basis.
[2] Primarily classified as held to maturity. Fair values are primarily estimated using a discounted cash flow valuation technique based on certain observable yield curves and indices considering the credit profile of the borrower (Level 3). Notes receivable bear interest primarily at fixed rates and mature by 2029. Notes receivable are considered impaired and placed in non-accrual status when it becomes probable that all amounts due cannot be collected in accordance with the contractual terms of the agreement. The assessment to place notes receivable in non-accrual status considers various credit indicators, such as credit ratings and market-related information. As of September 30, 2014 and December 31, 2013, NEE had no notes receivable reported in non-accrual status.
[3] As of September 30, 2014 and December 31, 2013, for NEE, $19,515 million and $17,921 million, respectively, is estimated using quoted market prices for the same or similar issues (Level 2); the balance is estimated using a discounted cash flow valuation technique, considering the current credit spread of the debtor (Level 3). For FPL, estimated using quoted market prices for the same or similar issues (Level 2).