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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
OPERATING REVENUES $ 4,404 $ 3,817 $ 8,377 $ 7,651
OPERATING EXPENSES (INCOME)        
Fuel, purchased power and interchange 1,018 960 1,917 1,888
Other operations and maintenance 836 843 1,631 1,642
Merger 4 2 15 6
Depreciation and amortization 886 742 1,505 1,279
Gains on disposal of a business/assets - net (1) (254) (1,101) (254)
Taxes other than income taxes and other - net 376 355 720 687
Total operating expenses - net 3,119 2,648 4,687 5,248
OPERATING INCOME 1,285 1,169 3,690 2,403
OTHER INCOME (DEDUCTIONS)        
Interest expense (430) (602) (790) (1,111)
Benefits associated with differential membership interests - net 119 77 244 161
Equity in earnings of equity method investees 66 44 97 76
Allowance for equity funds used during construction 25 17 47 42
Interest income 19 20 39 39
Gains on disposal of investments and other property - net 3 12 48 27
Other - net 6 26 (16) 22
Total other deductions - net (192) (406) (331) (744)
INCOME BEFORE INCOME TAXES 1,093 763 3,359 1,659
INCOME TAXES 289 219 964 461
Net Income (Loss) 804 544 2,395 1,198
LESS NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 11 4 19 5
Net income (loss) attributable to NEE $ 793 $ 540 $ 2,376 $ 1,193
Earnings per share of common stock:        
Basic (in dollars per share) $ 1.69 $ 1.17 $ 5.08 $ 2.59
Assuming dilution (in dollars per share) 1.68 1.16 5.05 2.57
Dividends per share of common stock (in dollars per share) $ 0.9825 $ 0.87 $ 1.965 $ 1.74
Weighted-average number of common shares outstanding:        
Basic (in shares) 467.9 461.3 467.7 460.9
Assuming dilution (in shares) 471.7 464.6 471.0 464.0
FPL [Member]        
OPERATING REVENUES $ 3,091 $ 2,750 $ 5,618 $ 5,054
OPERATING EXPENSES (INCOME)        
Fuel, purchased power and interchange 893 811 1,661 1,511
Other operations and maintenance 404 410 775 800
Depreciation and amortization 537 400 810 620
Taxes other than income taxes and other - net 316 301 620 581
Total operating expenses - net 2,150 1,922 3,866 3,512
OPERATING INCOME 941 828 1,752 1,542
OTHER INCOME (DEDUCTIONS)        
Interest expense (121) (117) (240) (229)
Allowance for equity funds used during construction 19 14 34 38
Other - net 0 3 1 3
Total other deductions - net (102) (100) (205) (188)
INCOME BEFORE INCOME TAXES 839 728 1,547 1,354
INCOME TAXES 313 280 576 513
Net income (loss) attributable to NEE [1] $ 526 $ 448 $ 971 $ 841
[1] FPL's comprehensive income is the same as reported net income.