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Income Taxes (Tables)
 6 Months Ended
Jun. 30, 2019
Income Tax Disclosure [Abstract]  
Reconciliation Between the Effective Income Tax Rates and the Applicable Statutory Rate

A reconciliation between the effective income tax rates and the applicable statutory rate is as follows:
 
NEE
 
FPL
 
NEE
 
FPL
 
Three Months Ended June 30,
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018(a)
 
2019
 
2018
 
2019
 
2018(a)
 
2019
 
2018
Statutory federal income tax rate
21.0
 %
 
21.0
 %
 
21.0
 %
 
21.0
 %
 
21.0
 %
 
21.0
 %
 
21.0
 %
 
21.0
 %
Increases (reductions) resulting from:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
State income taxes - net of federal income tax benefit
2.0

 
6.5

 
1.6

 
4.3

 
3.0

 
4.7

 
3.0

 
4.3

Taxes attributable to noncontrolling interests(b)
1.6

 
2.2

 
—

 
—

 
1.8

 
2.4

 
—

 
—

PTCs and ITCs - NEER
(5.2
)
 
(5.9
)
 
—

 
—

 
(6.3
)
 
(1.9
)
 
—

 
—

Amortization of deferred regulatory credit(c)
(9.2
)
 
(3.2
)
 
(15.6
)
 
(3.7
)
 
(7.7
)
 
(1.0
)
 
(9.6
)
 
(4.2
)
Other - net
(0.4
)
 
4.2

 
0.1

 
0.3

 
(1.6
)
 
(0.6
)
 
(0.2
)
 
(0.5
)
Effective income tax rate
9.8
 %
 
24.8
 %
 
7.1
 %
 
21.9
 %
 
10.2
 %
 
24.6
 %
 
14.2
 %
 
20.6
 %
———————————————
(a)
Amounts have been retrospectively adjusted for an accounting standards update related to leases.
(b)
The six months ended June 30, 2018 reflects an income tax charge of approximately $125 million related to an adjustment to differential membership interests primarily as a result of the change in federal income tax rates effective January 1, 2018.
(c)
The three and six months ended June 30, 2019 reflect an adjustment of approximately $83 million recorded by FPL to reduce income tax expense for the cumulative amortization of excess deferred income taxes from January 1, 2018 as a result of the FPSC's order in connection with its review of impacts associated with tax reform (see Note 11 - Rate Regulation). One of the provisions of the order requires FPL to amortize approximately $870 million of its excess deferred income taxes over a period not to exceed ten years.