Debt

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Debt

Debt

Significant long-term debt issuances and borrowings during the six months ended June 30, 2022 were as follows:

	Principal Amount			Interest Rate						Maturity Date
	(millions)
FPL:
First mortgage bonds	$	1,500		2.45				%		2032
Senior unsecured notes	$	1,444		Variable					(a)	2024 – 2072
NEECH:
Debentures	$	5,375		2.94	%	–	5.00	%		2024	–	2062
Debentures	$	400		Variable					(a)	2024
Revolving credit facilities	$	850	(b)	Variable					(a)	2023

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(a)Variable rate is based on an underlying index plus or minus a specified margin.

(b)The borrowings occurred and were repaid during June 2022.

Subsidiaries of NEE, including FPL, had credit facilities with total capacity at June 30, 2022 of approximately $20.9 billion ($6.0 billion for FPL) which provide for the funding of loans and/or issuance of letters of credit. At June 30, 2022, letters of credit outstanding under these credit facilities totaled approximately $4.6 billion ($3.0 million for FPL). There were no borrowings outstanding under these credit facilities at June 30, 2022.