XML 46 R29.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Segment information
NEE's segment information is as follows:
 
Three Months Ended June 30,
 
2016
 
2015
 
FPL
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
FPL
 
NEER(a)(b)
 
Corporate
and Other(b)
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
Operating revenues
$
2,750

 
$
970

 
$
97

 
$
3,817

 
$
2,996

 
$
1,267

 
$
95

 
$
4,358

Operating expenses
$
1,922

 
$
654

 
$
72

 
$
2,648

 
$
2,216

 
$
917

 
$
79

 
$
3,212

Net income (loss) attributable to NEE
$
448

 
$
234

(c) 
$
(142
)
(d) 
$
540

 
$
435

 
$
276

(c) 
$
5

 
$
716



 
Six Months Ended June 30,
 
2016
 
2015
 
FPL
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
FPL
 
NEER(a)(b)
 
Corporate
and Other
(b)
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
Operating revenues
$
5,054

 
$
2,411

 
$
186

 
$
7,651

 
$
5,538

 
$
2,729

 
$
196

 
$
8,463

Operating expenses
$
3,512

 
$
1,600

 
$
136

 
$
5,248

 
$
4,091

 
$
1,946


$
150

 
$
6,187

Net income (loss) attributable to NEE
$
841

 
$
458

(c) 
$
(106
)
(d) 
$
1,193

 
$
794

 
$
556

(c) 
$
16

 
$
1,366

———————————————
(a)
Interest expense allocated from NEECH is based on a deemed capital structure of 70% debt. For this purpose, the deferred credit associated with differential membership interests sold by NEER subsidiaries is included with debt. Residual NEECH corporate interest expense is included in Corporate and Other.
(b)
Amounts were adjusted to reflect the fourth quarter 2015 segment change related to natural gas pipeline projects.
(c)
See Note 4 for a discussion of NEER's tax benefits related to PTCs.
(d)
Reflects the adoption in the second quarter of 2016 of an accounting standards update. See Note 6 - Stock-Based Compensation.

 
June 30, 2016
 
December 31, 2015
 
FPL
 
NEER
 
Corporate
and Other
 
NEE
Consoli-
dated
 
FPL
 
NEER
 
Corporate
and Other
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
Total assets
$
43,870

 
$
39,052

 
$
2,498

 
$
85,420

 
$
42,523

 
$
37,647

 
$
2,309

 
$
82,479