Debt (Tables)

9 Months Ended

Sep. 30, 2015

Debt Disclosure [Abstract]

Long-term debt issuances and borrowings

Long-term debt issuances and borrowings by subsidiaries of NEE during the nine months ended September 30, 2015 were as follows:

Date Issued	Company	Debt Issuances/Borrowings	Interest Rate			Principal Amount		Maturity Date
						(millions)
February - September 2015	NEER subsidiary	Canadian revolving credit agreements	Variable		(a)	$	408	Various
January - February 2015	NEP subsidiary	Senior secured revolving credit facility	Variable		(a)	$	122	2019
February - September 2015	NEER subsidiary	Limited-recourse construction and term loan facility	Variable		(a)(b)	$	204	2035
February 2015	NEER subsidiary	Cash grant bridge loan facility	Variable		(a)	$	29	2017
April 2015	NEER subsidiary	Canadian senior secured limited-recourse term loan	Variable		(a)	$	324	2033
April 2015	NEER subsidiary	Canadian senior secured limited-recourse term loan	Variable		(a)	$	228	2033
April 2015	NEECH	Term loans	Variable		(a)	$	450	2016
May - September 2015	NEER subsidiary	Limited-recourse construction and term loan facility	Variable		(a)(b)	$	361	2035
June 2015	FPL	Industrial development revenue bonds	Variable		(c)	$	85	2045
June 2015	NEP subsidiary	Limited-recourse term loan	4.52	%		$	31	2033
July 2015	NEECH	Term loan	Variable		(a)	$	100	2018
July 2015	NEP subsidiary	Senior secured limited-recourse term loan	(d)			$	81	2026
August 2015	NEECH	Debentures	2.80	%		$	300	2020
September 2015	NEECH	Debentures related to NEE's equity units	2.36	%		$	700	2020
September 2015	NEER subsidiary	Senior secured limited-recourse term loan	Variable		(a)(b)	$	40	2033

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(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 2.

(c) These tax exempt bonds permit individual bond holders to tender the bonds for purchase at any time prior to maturity. In the event the bonds are tendered for purchase, they would be remarketed by a designated remarketing agent in accordance with the related indenture. If the remarketing is unsuccessful, FPL would be required to purchase the bonds. As of September 30, 2015, all bonds tendered for purchase have been successfully remarketed. In the event the bonds are tendered by individual bond holders and not remarketed prior to maturity, FPL's bank revolving line of credit facilities are available to support the purchase of the bonds.

(d) Approximately $54 million of the borrowings bear interest at a variable rate based on an underlying index plus a margin and the remaining amount of borrowings bear interest at a fixed rate of 4.38%.