Summarized Financial Information of Capital Holdings (Tables)

3 Months Ended

Mar. 31, 2016

Summarized Financial Information [Abstract]

Condensed Consolidating Statements of Income



	Three Months Ended March 31,
	2016												2015
	NEE (Guarantor)			NEECH			Other^(a)			NEE Consoli- dated			NEE (Guarantor)			NEECH			Other^(a)			NEE Consoli- dated
										(millions)
Operating revenues	$	—		$	1,535		$	2,300		$	3,835		$	—		$	1,567		$	2,537		$	4,104
Operating expenses	(4		)	(1,005		)	(1,592		)	(2,601		)	(4		)	(1,095		)	(1,876		)	(2,975		)
Interest expense	—			(397		)	(112		)	(509		)	(1		)	(205		)	(115		)	(321		)
Equity in earnings of subsidiaries	638			—			(638		)	—			645			—			(645		)	—
Other income - net	—			147			24			171			—			117			11			128
Income (loss) before income taxes	634			280			(18		)	896			640			384			(88		)	936
Income tax expense (benefit)	(2		)	30			231			259			(10		)	93			203			286
Net income (loss)	636			250			(249		)	637			650			291			(291		)	650
Less net income attributable to noncontrolling interests	—			1			—			1			—			—			—			—
Net income (loss) attributable to NEE	$	636		$	249		$	(249	)	$	636		$	650		$	291		$	(291	)	$	650

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(a) Represents primarily FPL and consolidating adjustments.

Condensed Consolidating Statements of Comprehensive Income



	Three Months Ended March 31,
	2016									2015
	NEE (Guarantor)		NEECH		Other^(a)			NEE Consoli- dated		NEE (Guarantor)		NEECH		Other^(a)			NEE Consoli- dated
								(millions)
Comprehensive income (loss) attributable to NEE	$	690	$	310	$	(310	)	$	690	$	617	$	274	$	(274	)	$	617

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(a)	Represents primarily FPL and consolidating adjustments.

Condensed Consolidating Statements of Cash Flows



	Three Months Ended March 31,
	2016												2015
	NEE (Guaran- tor)			NEECH			Other^(a)			NEE Consoli- dated			NEE (Guaran- tor)			NEECH			Other^(a)			NEE Consoli- dated
										(millions)
NET CASH PROVIDED BY OPERATING ACTIVITIES	$	728		$	613		$	204		$	1,545		$	907		$	225		$	49		$	1,181
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures, independent power and other investments and nuclear fuel purchases	—			(2,683		)	(1,196		)	(3,879		)	—			(801		)	(765		)	(1,566		)
Capital contributions from NEE	(321		)	—			321			—			(551		)	—			551			—
Proceeds from the sale of a noncontrolling interest in subsidiaries	—			292			—			292			—			—			—			—
Other - net	—			(98		)	4			(94		)	—			2			—			2
Net cash used in investing activities	(321		)	(2,489		)	(871		)	(3,681		)	(551		)	(799		)	(214		)	(1,564		)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of long-term debt	—			1,250			—			1,250			—			194			—			194
Retirements of long-term debt	—			(333		)	(34		)	(367		)	—			(139		)	(31		)	(170		)
Proceeds from notes payable	—			—			500			500			—			625			—			625
Net change in commercial paper	—			692			494			1,186			—			700			(722		)	(22		)
Issuances of common stock	17			—			—			17			16			—			—			16
Dividends on common stock	(401		)	—			—			(401		)	(341		)	—			—			(341		)
Contributions from (dividends to) NEE	—			312			(312		)	—			—			(902		)	902			—
Other - net	(21		)	2			27			8			(31		)	(25		)	29			(27		)
Net cash provided by (used in) financing activities	(405		)	1,923			675			2,193			(356		)	453			178			275
Net increase (decrease) in cash and cash equivalents	2			47			8			57			—			(121		)	13			(108		)
Cash and cash equivalents at beginning of period	—			546			25			571			—			562			15			577
Cash and cash equivalents at end of period	$	2		$	593		$	33		$	628		$	—		$	441		$	28		$	469

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(a)	Represents primarily FPL and consolidating adjustments.

Condensed Consolidating Balance Sheets



	March 31, 2016												December 31, 2015
	NEE (Guaran- tor)			NEECH			Other^(a)			NEE Consoli- dated			NEE (Guaran- tor)			NEECH			Other^(a)			NEE Consoli- dated
										(millions)
PROPERTY, PLANT AND EQUIPMENT
Electric plant in service and other property	$	27		$	36,130		$	46,163		$	82,320		$	27		$	34,921		$	45,382		$	80,330
Accumulated depreciation and amortization	(16		)	(7,383		)	(12,027		)	(19,426		)	(16		)	(7,067		)	(11,861		)	(18,944		)
Total property, plant and equipment - net	11			28,747			34,136			62,894			11			27,854			33,521			61,386
CURRENT ASSETS
Cash and cash equivalents	2			593			33			628			—			546			25			571
Receivables	64			1,575			628			2,267			90			1,510			665			2,265
Other	4			2,731			1,466			4,201			4			2,443			1,512			3,959
Total current assets	70			4,899			2,127			7,096			94			4,499			2,202			6,795
OTHER ASSETS
Investment in subsidiaries	22,691			—			(22,691		)	—			22,544			—			(22,544		)	—
Other	908			8,033			5,706			14,647			823			7,790			5,685			14,298
Total other assets	23,599			8,033			(16,985		)	14,647			23,367			7,790			(16,859		)	14,298
TOTAL ASSETS	$	23,680		$	41,679		$	19,278		$	84,637		$	23,472		$	40,143		$	18,864		$	82,479
CAPITALIZATION
Common shareholders' equity	$	22,912		$	7,639		$	(7,639	)	$	22,912		$	22,574		$	6,990		$	(6,990	)	$	22,574
Noncontrolling interests	—			718			—			718			—			538			—			538
Long-term debt	—			17,867			9,924			27,791			—			16,725			9,956			26,681
Total capitalization	22,912			26,224			2,285			51,421			22,574			24,253			2,966			49,793
CURRENT LIABILITIES
Debt due within one year	—			3,401			1,216			4,617			—			2,786			220			3,006
Accounts payable	—			651			488			1,139			4			1,919			606			2,529
Other	196			3,188			1,447			4,831			252			3,003			1,317			4,572
Total current liabilities	196			7,240			3,151			10,587			256			7,708			2,143			10,107
OTHER LIABILITIES AND DEFERRED CREDITS
Asset retirement obligations	—			665			1,844			2,509			—			647			1,822			2,469
Deferred income taxes	91			2,385			7,506			9,982			157			2,396			7,274			9,827
Other	481			5,165			4,492			10,138			485			5,139			4,659			10,283
Total other liabilities and deferred credits	572			8,215			13,842			22,629			642			8,182			13,755			22,579
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES	$	23,680		$	41,679		$	19,278		$	84,637		$	23,472		$	40,143		$	18,864		$	82,479

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(a)	Represents primarily FPL and consolidating adjustments.