XML 43 R25.htm IDEA: XBRL DOCUMENT v3.7.0.1
Equity (Tables)
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Reconciliation of basic and diluted earnings per share of common stock
Earnings Per Share - The reconciliation of NEE's basic and diluted earnings per share attributable to NEE is as follows:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
 
(millions, except per share amounts)
Numerator - net income attributable to NEE
$
793

 
$
540

 
$
2,376

 
$
1,193

Denominator:
 

 
 

 
 
Weighted-average number of common shares outstanding - basic
467.9

 
461.3

 
467.7

 
460.9

Equity units, stock options, performance share awards, forward sale agreements and restricted stock(a)
3.8

 
3.3

 
3.3

 
3.1

Weighted-average number of common shares outstanding - assuming dilution
471.7

 
464.6

 
471.0

 
464.0

Earnings per share attributable to NEE:
 
 
 
 
 
Basic
$
1.69

 
$
1.17

 
$
5.08

 
$
2.59

Assuming dilution
$
1.68

 
$
1.16

 
$
5.05

 
$
2.57

———————————————
(a)
Calculated using the treasury stock method. Performance share awards are included in diluted weighted-average number of common shares outstanding based upon what would be issued if the end of the reporting period was the end of the term of the award.
Schedule of Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) - The components of AOCI, net of tax, are as follows:

Accumulated Other Comprehensive Income (Loss)

Net Unrealized Gains (Losses) on Cash Flow Hedges
 
Net Unrealized Gains (Losses) on Available for Sale Securities
 
Defined Benefit Pension and Other Benefits Plans
 
Net Unrealized Gains (Losses) on Foreign Currency Translation
 
Other Comprehensive Loss Related to Equity Method Investee
 
Total

(millions)
Three Months Ended June 30, 2017
 
Balances, March 31, 2017
$
(101
)

$
243


$
(86
)

$
(75
)

$
(21
)

$
(40
)
Other comprehensive income (loss) before reclassifications


26


10


5


(1
)

40

Amounts reclassified from AOCI
5

(a) 
(1
)
(b) 






4

Net other comprehensive income (loss)
5


25


10


5


(1
)

44

Less other comprehensive income attributable to noncontrolling interests

 

 

 
1

 

 
1

Balances, June 30, 2017
$
(96
)

$
268


$
(76
)

$
(71
)

$
(22
)

$
3

———————————————
(a)
Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 2 - Income Statement Impact of Derivative Instruments.
(b)
Reclassified to gains on disposal of investments and other property - net in NEE's condensed consolidated statements of income.

Accumulated Other Comprehensive Income (Loss)

Net Unrealized Gains (Losses) on Cash Flow Hedges
 
Net Unrealized Gains (Losses) on Available for Sale Securities
 
Defined Benefit Pension and Other Benefits Plans
 
Net Unrealized Gains (Losses) on Foreign Currency Translation
 
Other Comprehensive Loss Related to Equity Method Investee
 
Total
 
(millions)
Three Months Ended June 30, 2016

Balances, March 31, 2016
$
(146
)
 
$
181

 
$
(69
)
 
$
(52
)
 
$
(27
)

$
(113
)
Other comprehensive income (loss) before reclassifications

 
17

 

 
8

 
(1
)

24

Amounts reclassified from AOCI
13

(a) 
(5
)
(b) 

 

 


8

Net other comprehensive income (loss)
13

 
12

 

 
8

 
(1
)

32

Less other comprehensive income attributable to noncontrolling interests
1

 

 

 

 

 
1

Balances, June 30, 2016
$
(134
)
 
$
193

 
$
(69
)
 
$
(44
)
 
$
(28
)

$
(82
)

———————————————
(a)
Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 2 - Income Statement Impact of Derivative Instruments.
(b)
Reclassified to gains on disposal of investments and other property - net in NEE's condensed consolidated statements of income.

Accumulated Other Comprehensive Income (Loss)

Net Unrealized Gains (Losses) on Cash Flow Hedges
 
Net Unrealized Gains (Losses) on Available for Sale Securities
 
Defined Benefit Pension and Other Benefits Plans
 
Net Unrealized Gains (Losses) on Foreign Currency Translation
 
Other Comprehensive Loss Related to Equity Method Investee
 
Total

(millions)
Six Months Ended June 30, 2017
 
Balances, December 31, 2016
$
(100
)
 
$
225

 
$
(83
)
 
$
(90
)
 
$
(22
)
 
$
(70
)
Other comprehensive income before reclassifications

 
60

 
7

 
21

 

 
88

Amounts reclassified from AOCI
14

(a) 
(17
)
(b) 

 

 

 
(3
)
Net other comprehensive income
14

 
43

 
7

 
21

 

 
85

Less other comprehensive income attributable to noncontrolling interests
10

 

 

 
2

 

 
12

Balances, June 30, 2017
$
(96
)
 
$
268

 
$
(76
)
 
$
(71
)
 
$
(22
)
 
$
3

———————————————
(a)
Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 2 - Income Statement Impact of Derivative Instruments.
(b)
Reclassified to gains on disposal of investments and other property - net in NEE's condensed consolidated statements of income.


Accumulated Other Comprehensive Income (Loss)

Net Unrealized Gains (Losses) on Cash Flow Hedges
 
Net Unrealized Gains (Losses) on Available for Sale Securities
 
Defined Benefit Pension and Other Benefits Plans
 
Net Unrealized Gains (Losses) on Foreign Currency Translation
 
Other Comprehensive Loss Related to Equity Method Investee
 
Total
 
(millions)
Six Months Ended June 30, 2016

Balances, December 31, 2015
$
(170
)
 
$
174

 
$
(62
)
 
$
(85
)
 
$
(24
)
 
$
(167
)
Other comprehensive income (loss) before reclassifications

 
25

 
(7
)
 
28

 
(4
)
 
42

Amounts reclassified from AOCI
36

(a) 
(6
)
(b) 

 

 

 
30

Net other comprehensive income (loss)
36

 
19

 
(7
)
 
28

 
(4
)
 
72

Less other comprehensive loss attributable to noncontrolling interests

 

 

 
(13
)
 

 
(13
)
Balances, June 30, 2016
$
(134
)
 
$
193

 
$
(69
)
 
$
(44
)
 
$
(28
)
 
$
(82
)
———————————————
(a)
Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 2 - Income Statement Impact of Derivative Instruments.
(b)
Reclassified to gains on disposal of investments and other property - net in NEE's condensed consolidated statements of income.