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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,642 $ 2,690
Customer receivables, net of allowances 3,119 3,609
Other receivables 1,004 944
Materials, supplies and fuel inventory 2,131 2,106
Regulatory assets 1,032 1,460
Derivatives 1,461 1,730
Contract assets 1,072 1,487
Other 1,219 1,335
Total current assets 12,680 15,361
Other assets:    
Property, plant and equipment – net 129,193 125,776
Special use funds 9,173 8,698
Investment in equity method investees 6,533 6,156
Prepaid benefit costs 2,135 2,112
Regulatory assets 5,361 4,801
Derivatives 1,666 1,790
Goodwill 5,085 5,091
Other 8,124 7,704
Total other assets 167,270 162,128
TOTAL ASSETS 179,950 177,489
Current liabilities:    
Commercial paper 4,342 4,650
Other short-term debt 3,508 255
Current portion of long-term debt 6,219 6,901
Accounts payable 4,285 8,504
Customer deposits 663 638
Accrued interest and taxes 1,160 970
Derivatives 720 845
Accrued construction-related expenditures 1,462 1,861
Regulatory liabilities 302 340
Other 2,142 2,999
Total current liabilities 24,803 27,963
Other liabilities and deferred credits:    
Long-term debt 65,868 61,405
Asset retirement obligations 3,463 3,403
Deferred income taxes 10,641 10,142
Regulatory liabilities 10,290 10,049
Derivatives 2,409 2,741
Other 3,087 2,762
Total other liabilities and deferred credits 95,758 90,502
TOTAL LIABILITIES 120,561 118,465
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NONCONTROLLING INTERESTS – VIE 453 1,256
EQUITY    
Common stock 21 21
Additional paid-in capital 17,342 17,365
Retained earnings 31,445 30,235
Accumulated other comprehensive loss (167) (153)
Total common shareholders' equity 48,641 47,468
Noncontrolling interests 10,295 10,300
TOTAL EQUITY 58,936 57,768
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY 179,950 177,489
Florida Power & Light Company    
Current assets:    
Cash and cash equivalents 22 57
Customer receivables, net of allowances 1,517 1,706
Other receivables 328 319
Materials, supplies and fuel inventory 1,335 1,339
Regulatory assets 1,000 1,431
Derivatives 2 13
Other 135 144
Total current assets 4,337 4,996
Other assets:    
Electric utility plant and other property – net 72,031 70,608
Special use funds 6,370 6,050
Prepaid benefit costs 1,861 1,853
Regulatory assets 4,913 4,343
Derivatives 12 14
Goodwill 2,965 2,965
Other 640 654
Total other assets 88,780 86,473
TOTAL ASSETS 93,117 91,469
Current liabilities:    
Commercial paper 350 2,374
Other short-term debt 200 255
Current portion of long-term debt 666 1,665
Accounts payable 781 977
Customer deposits 632 610
Accrued interest and taxes 914 661
Derivatives 16 9
Accrued construction-related expenditures 444 486
Regulatory liabilities 297 335
Other 562 713
Total current liabilities 4,846 8,076
Other liabilities and deferred credits:    
Long-term debt 23,393 23,609
Asset retirement obligations 2,164 2,143
Deferred income taxes 8,796 8,542
Regulatory liabilities 10,136 9,893
Derivatives 7 6
Other 376 371
Total other liabilities and deferred credits 44,865 44,558
TOTAL LIABILITIES 49,711 52,634
COMMITMENTS AND CONTINGENCIES
EQUITY    
Common stock 1,373 1,373
Additional paid-in capital 26,868 23,470
Retained earnings 15,165 13,992
TOTAL EQUITY 43,406 38,835
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY $ 93,117 $ 91,469