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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
OPERATING REVENUES $ 4,954 $ 4,654 $ 13,417 $ 12,357
OPERATING EXPENSES        
Fuel, purchased power and interchange 1,472 1,566 4,151 4,337
Other operations and maintenance 819 772 2,353 2,296
Merger-related 7 0 20 0
Depreciation and amortization 798 782 2,082 1,859
Taxes other than income taxes and other 377 371 1,054 1,012
Total operating expenses 3,473 3,491 9,660 9,504
OPERATING INCOME 1,481 1,163 3,757 2,853
OTHER INCOME (DEDUCTIONS)        
Interest expense (311) (316) (912) (940)
Benefits associated with differential membership interests - net 40 23 151 146
Equity in earnings of equity method investees 51 38 87 60
Allowance for equity funds used during construction 20 7 48 28
Interest income 22 18 65 60
Gains on disposal of assets - net 15 12 42 89
Gain associated with Maine fossil 0 0 0 21
Other Than Temporary Impairment Losses On Securities Held In Nuclear Decommissioning Funds (24) (4) (32) (8)
Other - net 8 2 27 (1)
Total other deductions - net (179) (220) (524) (545)
INCOME BEFORE INCOME TAXES 1,302 943 3,233 2,308
INCOME TAXES 421 279 981 723
Net Income (Loss) 881 664 2,252 1,585
LESS NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS (2) (4) (7) (4)
Net Income (Loss) Attributable to Parent $ 879 $ 660 $ 2,245 $ 1,581
Earnings per share of common stock:        
Basic $ 1.94 $ 1.52 $ 5.02 $ 3.64
Assuming dilution 1.93 1.50 4.97 3.60
Dividends per share of common stock $ 0.770 $ 0.725 $ 2.31 $ 2.175
Weighted-average number of common shares outstanding:        
Basic 454.1 434.5 447.3 434.0
Assuming dilution 456.0 440.5 451.3 439.6
FPL [Member]        
OPERATING REVENUES $ 3,274 $ 3,315 $ 8,812 $ 8,739
OPERATING EXPENSES        
Fuel, purchased power and interchange 1,195 1,255 3,298 3,367
Other operations and maintenance 410 414 1,147 1,186
Depreciation and amortization 485 489 1,154 1,046
Taxes other than income taxes and other 329 323 910 892
Total operating expenses 2,419 2,481 6,509 6,491
OPERATING INCOME 855 834 2,303 2,248
OTHER INCOME (DEDUCTIONS)        
Interest expense (110) (112) (337) (325)
Allowance for equity funds used during construction 20 7 46 27
Other - net (2) 0 (1) 1
Total other deductions - net (92) (105) (292) (297)
INCOME BEFORE INCOME TAXES 763 729 2,011 1,951
INCOME TAXES 274 267 728 720
Net Income (Loss) Attributable to Parent [1] $ 489 $ 462 $ 1,283 $ 1,231
[1] (a)FPL's comprehensive income is the same as reported net income.