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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,275 $ 1,601
Customer receivables, net of allowances 3,275 4,349
Other receivables 657 744
Materials, supplies and fuel inventory 1,915 1,934
Regulatory assets 2,428 2,165
Derivatives 1,682 1,590
Other 1,317 1,107
Total current assets 13,549 13,490
Other assets:    
Property, plant and equipment – net 114,929 111,059
Special use funds 7,862 7,496
Investment in equity method investees 7,004 6,582
Prepaid benefit costs 1,881 1,832
Regulatory assets 6,058 5,992
Derivatives 1,910 1,935
Goodwill 5,184 4,854
Other 6,980 5,695
Total other assets 151,808 145,445
TOTAL ASSETS 165,357 158,935
Current liabilities:    
Commercial paper 2,843 1,709
Other short-term debt 1,868 1,368
Current portion of long-term debt 6,923 6,633
Accounts payable 6,499 8,312
Customer deposits 583 560
Accrued interest and taxes 951 719
Derivatives 1,512 2,102
Accrued construction-related expenditures 1,456 1,760
Regulatory liabilities 359 350
Other 2,383 3,182
Total current liabilities 25,377 26,695
Other liabilities and deferred credits:    
Long-term debt 59,007 55,256
Asset retirement obligations 3,285 3,245
Deferred income taxes 9,468 9,072
Regulatory liabilities 9,775 9,626
Derivatives 2,488 2,909
Other 2,978 2,696
Total other liabilities and deferred credits 87,001 82,804
Carrying amount of liabilities, consolidated variable interest entity 112,378 109,499
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NONCONTROLLING INTERESTS – VIE 856 1,110
EQUITY    
Common stock 20 20
Additional paid-in capital 15,214 12,720
Retained earnings 27,862 26,707
Accumulated other comprehensive loss (200) (218)
Total common shareholders' equity 42,896 39,229
Noncontrolling interests 9,227 9,097
TOTAL EQUITY 52,123 48,326
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY 165,357 158,935
Florida Power & Light Company    
Current assets:    
Cash and cash equivalents 99 25
Customer receivables, net of allowances 1,617 1,739
Other receivables 303 332
Materials, supplies and fuel inventory 1,170 1,159
Regulatory assets 2,419 2,155
Derivatives 21 19
Other 154 143
Total current assets 5,762 5,553
Other assets:    
Electric utility plant and other property – net 65,646 64,693
Special use funds 5,471 5,221
Prepaid benefit costs 1,763 1,732
Regulatory assets 5,548 5,484
Derivatives 11 10
Goodwill 2,989 2,989
Other 846 887
Total other assets 82,263 81,006
TOTAL ASSETS 88,025 86,559
Current liabilities:    
Commercial paper 0 1,709
Other short-term debt 200 200
Current portion of long-term debt 2,531 1,547
Accounts payable 916 1,377
Customer deposits 565 543
Accrued interest and taxes 604 362
Derivatives 22 12
Accrued construction-related expenditures 501 559
Regulatory liabilities 358 349
Other 707 1,197
Total current liabilities 6,382 7,843
Other liabilities and deferred credits:    
Long-term debt 20,926 19,455
Asset retirement obligations 2,116 2,108
Deferred income taxes 8,675 8,376
Regulatory liabilities 9,604 9,458
Derivatives 20 1
Other 422 399
Total other liabilities and deferred credits 41,743 39,796
Carrying amount of liabilities, consolidated variable interest entity 48,125 47,639
COMMITMENTS AND CONTINGENCIES
EQUITY    
Common stock 1,373 1,373
Additional paid-in capital 23,471 23,561
Retained earnings 15,056 13,986
TOTAL EQUITY 39,900 38,920
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY $ 88,025 $ 86,559