Segment Information

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Segment Information

Segment Information

The tables below present information for NEE's two reportable segments, FPL, a rate-regulated utility business, and NEER, which is comprised of competitive energy and rate-regulated transmission businesses. Corporate and Other represents other business activities, includes eliminating entries, and may include the net effect of rounding. Effective January 1, 2022, FPL became regulated as one ratemaking entity with new unified rates and tariffs, and became one reportable segment at NEE. As a result, the previous segments known as the FPL segment and Gulf Power are no longer separate reportable segments. Prior year period amounts for FPL and Corporate and Other were retrospectively adjusted to reflect this segment change.

NEE's segment information is as follows:

	Three Months Ended March 31,
	2022									2021
	FPL		NEER(a)			Corporate and Other		NEE Consoli- dated		FPL		NEER(a)			Corporate and Other		NEE Consoli- dated
								(millions)
Operating revenues	$	3,712	$	(800)		$	(22)	$	2,890	$	2,970	$	781		$	(25)	$	3,726
Operating expenses – net	$	2,469	$	1,168		$	51	$	3,688	$	1,856	$	1,172		$	43	$	3,071
Gains (losses) on disposal of businesses/assets – net	$	—	$	25		$	(2)	$	23	$	—	$	18		$	(4)	$	14
Net loss attributable to noncontrolling interests	$	—	$	242		$	—	$	242	$	—	$	168		$	—	$	168
Net income (loss) attributable to NEE	$	875	$	(1,499)	(b)	$	173	$	(451)	$	777	$	491	(b)	$	398	$	1,666

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(a)Interest expense allocated from NEECH to NextEra Energy Resources' subsidiaries is based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resources' subsidiaries. Residual NEECH corporate interest expense is included in Corporate and Other.

(b)See Note 4 for a discussion of NEER's tax benefits related to PTCs.

	March 31, 2022								December 31, 2021
	FPL		NEER		Corporate and Other		NEE Consoli- dated		FPL		NEER		Corporate and Other		NEE Consoli- dated
							(millions)
Total assets	$	79,090	$	64,033	$	1,822	$	144,945	$	78,067	$	62,113	$	732	$	140,912