XML 23 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
PROPERTY, PLANT AND EQUIPMENT    
Electric plant in service and other property $ 76,559 $ 72,606
Nuclear fuel 2,154 2,067
Construction work in progress 7,150 5,657
Accumulated depreciation and amortization (20,246) (18,944)
Total property, plant and equipment - net ($12,331 and $7,966 related to VIEs, respectively) 65,617 61,386
CURRENT ASSETS    
Cash and cash equivalents 681 571
Customer receivables, net of allowances 1,921 1,784
Other receivables 938 481
Materials, supplies and fossil fuel inventory 1,309 1,259
Regulatory assets:    
Derivatives 0 218
Other 301 285
Derivatives 612 712
Assets held for sale 526 1,009
Other 459 476
Total current assets 6,747 6,795
OTHER ASSETS    
Special use funds 5,450 5,138
Other investments ($483 related to a VIE at September 30, 2016) 2,380 1,786
Prepaid benefit costs 1,225 1,155
Regulatory assets:    
Purchased power agreement termination 658 726
Other ($84 and $128 related to a VIE, respectively) 1,114 1,052
Derivatives 1,394 1,202
Other 3,279 3,239
Total other assets 15,500 14,298
TOTAL ASSETS 87,864 82,479
CAPITALIZATION    
Common stock 5 5
Additional paid-in capital 9,039 8,596
Retained earnings 14,899 14,140
Accumulated other comprehensive loss (36) (167)
Total common shareholders' equity 23,907 22,574
Noncontrolling interests 962 538
Total equity 24,869 23,112
Long-term debt 28,195 26,681
Total capitalization 53,064 49,793
CURRENT LIABILITIES    
Commercial paper 628 374
Notes payable 490 412
Current maturities of long-term debt 2,364 2,220
Accounts payable 2,800 2,529
Customer deposits 469 473
Accrued interest and taxes 861 449
Derivatives 377 882
Accrued construction-related expenditures 781 921
Liabilities associated with assets held for sale 456 992
Other 1,230 855
Total current liabilities 10,456 10,107
OTHER LIABILITIES AND DEFERRED CREDITS    
Asset retirement obligations 2,637 2,469
Deferred income taxes 10,582 9,827
Regulatory liabilities:    
Accrued asset removal costs 1,940 1,930
Asset retirement obligation regulatory expense difference 2,290 2,182
Other 507 494
Derivatives 999 530
Deferral related to differential membership interests - VIEs 3,274 3,142
Other 2,115 2,005
Total other liabilities and deferred credits 24,344 22,579
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES 87,864 82,479
FPL [Member]    
ELECTRIC UTILITY PLANT AND OTHER PROPERTY    
Plant in service and other property 43,700 41,227
Nuclear fuel 1,333 1,306
Construction work in progress 2,817 2,850
Accumulated depreciation and amortization (12,406) (11,862)
Total electric utility plant and other property - net 35,444 33,521
CURRENT ASSETS    
Cash and cash equivalents 46 23
Customer receivables, net of allowances 1,013 849
Other receivables 112 123
Materials, supplies and fossil fuel inventory 868 826
Regulatory assets:    
Derivatives 0 218
Other 300 284
Other 146 184
Total current assets 2,485 2,507
OTHER ASSETS    
Special use funds 3,706 3,504
Prepaid benefit costs 1,286 1,243
Regulatory assets:    
Purchased power agreement termination 658 726
Other ($84 and $128 related to a VIE, respectively) 854 787
Other 184 235
Total other assets 6,688 6,495
TOTAL ASSETS 44,617 42,523
CAPITALIZATION    
Common stock 1,373 1,373
Additional paid-in capital 7,732 7,733
Retained earnings 6,503 6,447
Total equity 15,608 15,553
Long-term debt 9,846 9,956
Total capitalization 25,454 25,509
CURRENT LIABILITIES    
Commercial paper 464 56
Notes payable 450 100
Current maturities of long-term debt 67 64
Accounts payable 759 664
Customer deposits 464 469
Accrued interest and taxes 785 279
Derivatives 5 222
Accrued construction-related expenditures 245 240
Other 462 355
Total current liabilities 3,701 2,449
OTHER LIABILITIES AND DEFERRED CREDITS    
Asset retirement obligations 1,890 1,822
Deferred income taxes 8,349 7,730
Regulatory liabilities:    
Accrued asset removal costs 1,928 1,921
Asset retirement obligation regulatory expense difference 2,290 2,182
Other 508 492
Other 497 418
Total other liabilities and deferred credits 15,462 14,565
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES $ 44,617 $ 42,523