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Equity (Tables)
9 Months Ended
Sep. 30, 2021
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 September 30,Nine Months Ended September 30,
2021202020212020
(millions, except per share amounts)
Numerator:
    Net income attributable to NEE – basic
$447 $1,229 $2,369 $2,924 
Adjustment for the impact of dilutive securities at NEP(a)
 (1) — 
Net income attributable to NEE – assuming dilution
$447 $1,228 $2,369 $2,924 
Denominator:
Weighted-average number of common shares outstanding – basic
1,962.7 1,959.4 1,962.2 1,958.4 
Equity units, stock options, performance share awards and restricted stock(b)
10.2 9.5 9.1 9.3 
Weighted-average number of common shares outstanding – assuming dilution
1,972.9 1,968.9 1,971.3 1,967.7 
Earnings per share attributable to NEE:
Basic$0.23 $0.63 $1.21 $1.49 
Assuming dilution$0.23 $0.62 $1.20 $1.49 
———————————————
(a)The three months ended September 30, 2020 adjustment is related to the NEP Series A convertible preferred units.
(b)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 HedgesNet Unrealized Gains (Losses) on Available for Sale SecuritiesDefined Benefit Pension and Other Benefits PlansNet Unrealized Gains (Losses) on Foreign Currency TranslationOther Comprehensive Income (Loss) Related to Equity Method InvesteesTotal
(millions)
Three Months Ended September 30, 2021
Balances, June 30, 2021$12 $11 $(73)$(39)$4 $(85)
Other comprehensive income (loss) before reclassifications (2) (13)1 (14)
Amounts reclassified from AOCI (1)
(a)
1 
(b)
   
Net other comprehensive income (loss) (3)1 (13)1 (14)
Less other comprehensive income attributable to noncontrolling interests   5  5 
Balances, September 30, 2021$12 $8 $(72)$(47)$5 $(94)
Attributable to noncontrolling interests$ $ $ $(8)$ $(8)
Attributable to NEE$12 $8 $(72)$(39)$5 $(86)


Accumulated Other Comprehensive Income (Loss)
Net Unrealized Gains (Losses) on Cash Flow HedgesNet Unrealized Gains (Losses) on Available for Sale SecuritiesDefined Benefit Pension and Other Benefits PlansNet Unrealized Gains (Losses) on Foreign Currency TranslationOther Comprehensive Income (Loss) Related to Equity Method InvesteesTotal
(millions)
Nine months ended September 30, 2021
Balances, December 31, 2020$8 $20 $(75)$(49)$4 $(92)
Other comprehensive income (loss) before reclassifications (9) 2 1 (6)
Amounts reclassified from AOCI4 
(c)
(3)
(a)
3 
(b)
  4 
Net other comprehensive income (loss)4 (12)3 2 1 (2)
Balances, September 30, 2021$12 $8 $(72)$(47)$5 $(94)
Attributable to noncontrolling interests$ $ $ $(8)$ $(8)
Attributable to NEE$12 $8 $(72)$(39)$5 $(86)
———————————————
(a)Reclassified to gains on disposal of investments and other property – net in NEE's condensed consolidated statements of income.
(b)Reclassified to other net periodic benefit income in NEE's condensed consolidated statements of income.
(c)Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 2 – Income Statement Impact of Derivative Instruments.
Accumulated Other Comprehensive Income (Loss)
Net Unrealized Gains (Losses) on Cash Flow HedgesNet Unrealized Gains (Losses) on Available for Sale SecuritiesDefined Benefit Pension and Other Benefits PlansNet Unrealized Gains (Losses) on Foreign Currency TranslationOther Comprehensive Income (Loss) Related to Equity Method InvesteesTotal
(millions)
Three Months Ended September 30, 2020
Balances, June 30, 2020$$16 $(113)$(73)$$(166)
Other comprehensive income (loss) before reclassifications— — — 11 
Amounts reclassified from AOCI
(a)
(1)
(b)
(c)
— — 
Net other comprehensive income (loss)— 13 
Balances, September 30, 2020$$18 $(112)$(65)$$(153)
Attributable to noncontrolling interests$— $— $— $(1)$— $(1)
Attributable to NEE$$18 $(112)$(64)$$(152)


Accumulated Other Comprehensive Income (Loss)
Net Unrealized Gains (Losses) on Cash Flow HedgesNet Unrealized Gains (Losses) on Available for Sale SecuritiesDefined Benefit Pension and Other Benefits PlansNet Unrealized Gains (Losses) on Foreign Currency TranslationOther Comprehensive Income (Loss) Related to Equity Method InvesteesTotal
(millions)
Nine Months Ended September 30, 2020
Balances, December 30, 2019$(27)$11 $(114)$(42)$$(169)
Other comprehensive income (loss) before reclassifications— — (10)— (1)
Amounts reclassified from AOCI
(a)
(2)
(b)
(c)
— — 
Net other comprehensive income (loss)(10)— 
Impact of disposal of a business23 
(d)
— (13)
(d)
10 
Balances, September 30, 2020$$18 $(112)$(65)$$(153)
Attributable to noncontrolling interests$— $— $— $(1)$— $(1)
Attributable to NEE$$18 $(112)$(64)$$(152)
———————————————
(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.
(c)Reclassified to other net periodic benefit income in NEE's condensed consolidated statements of income.
(d)Reclassified to gains (losses) on disposal of businesses/assets – net and interest expense in NEE's condensed consolidated statements of income. See Note 2 – Income Statement Impact of Derivative Instruments and Note 11 – Disposal of Businesses/Assets and Sale of Noncontrolling Ownership Interests.