Employee Retirement Benefits

9 Months Ended

Sep. 30, 2023

Retirement Benefits [Abstract]

Employee Retirement Benefits

Employee Retirement Benefits

NEE sponsors a qualified noncontributory defined benefit pension plan for substantially all employees of NEE and its subsidiaries and sponsors a contributory postretirement plan for other benefits for retirees of NEE and its subsidiaries meeting certain eligibility requirements.

The components of net periodic cost (income) for the plans are as follows:

	Pension Benefits				Postretirement Benefits				Pension Benefits				Postretirement Benefits
	Three Months Ended September 30,				Three Months Ended September 30,				Nine Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022		2023		2022		2023		2022
	(millions)
Service cost	$	16	$	21	$	—	$	—	$	48	$	64	$	1	$	1
Interest cost	33		19		3		2		99		58		7		4
Expected return on plan assets	(98)		(90)		—		—		(294)		(271)		—		—
Amortization of actuarial loss	—		—		—		1		—		—		—		2
Amortization of prior service benefit	—		—		—		(1)		—		(1)		—		(3)
Special termination benefits(a)	—		—		—		—		—		52		—		—
Net periodic cost (income) at NEE	$	(49)	$	(50)	$	3	$	2	$	(147)	$	(98)	$	8	$	4
Net periodic cost (income) allocated to FPL	$	(32)	$	(33)	$	2	$	1	$	(96)	$	(60)	$	6	$	3