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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES  
Net income (loss)$ 1,256$ 1,694
Adjustments to reconcile net income to net cash provided by (used in) operating activities:  
Depreciation and amortization1,2361,330
Nuclear fuel amortization210214
Loss on assets held for sale1480
Impairment charges510
Unrealized (gains) losses on marked to market energy contracts182(499)
Deferred income taxes274336
Cost recovery clauses and franchise fees71(679)
Changes in prepaid option premiums and derivative settlements2310
Equity in earnings of equity method investees(57)(56)
Distributions of earnings from equity method investees6732
Allowance for equity funds used during construction(28)(25)
Gains on disposal of assets - net(79)(61)
Other than temporary impairment losses on securities held in nuclear decommissioning funds3416
Changes in operating assets and liabilities:  
Customer receivables(228)(157)
Other receivables56(133)
Materials, supplies and fossil fuel inventory(269)(17)
Other current assets(27)(50)
Other assets(83)114
Accounts payable30102
Margin cash collateral(28)136
Income taxes106117
Interest and other taxes259233
Other current liabilities(83)(5)
Other liabilities(130)(21)
Other - net126138
Net cash provided by operating activities3,1172,769
CASH FLOWS FROM INVESTING ACTIVITIES  
Capital expenditures of FPL(2,128)(2,044)
Independent power and other investments of NextEra Energy Resources(1,654)(1,837)
Cash grants under the American Recovery and Reinvestment Act of 2009503556
Funds received from a spent fuel settlement044
Nuclear fuel purchases(331)(157)
Other capital expenditures(204)(51)
Sale of independent power investments016
Loan proceeds restricted for construction(596)0
Proceeds from sale or maturity of securities in special use funds3,5675,350
Purchases of securities in special use funds(3,638)(5,435)
Proceeds from sale or maturity of other securities399580
Purchases of other securities(431)(578)
Other - net910
Net cash used in investing activities(4,422)(3,556)
CASH FLOWS FROM FINANCING ACTIVITIES  
Issuances of long-term debt2,9173,018
Retirements of long-term debt(1,688)(571)
Proceeds from sale of differential membership interests210261
Net change in short-term debt946(935)
Issuances of common stock - net39184
Dividends(689)(616)
Other - net(92)(1)
Net cash provided by (used in) financing activities1,6431,340
Net increase (decrease) in cash and cash equivalents338553
Cash and cash equivalents at beginning of period302238
Cash and cash equivalents at end of period640791
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES  
Accrued property additions851610
FLORIDA POWER & LIGHT COMPANY
  
CASH FLOWS FROM OPERATING ACTIVITIES  
Net income (loss)852764
Adjustments to reconcile net income to net cash provided by (used in) operating activities:  
Depreciation and amortization653754
Nuclear fuel amortization111102
Deferred income taxes439242
Cost recovery clauses and franchise fees71(679)
Allowance for equity funds used during construction(26)(25)
Changes in operating assets and liabilities:  
Customer receivables(286)(83)
Other receivables14(70)
Materials, supplies and fossil fuel inventory(219)(13)
Other current assets(33)(35)
Other assets(48)19
Accounts payable69130
Income taxes(67)162
Interest and other taxes228232
Other current liabilities130
Other liabilities(36)9
Other - net2573
Net cash provided by operating activities1,7481,612
CASH FLOWS FROM INVESTING ACTIVITIES  
Capital expenditures of FPL(2,128)(2,044)
Cash grants under the American Recovery and Reinvestment Act of 2009202131
Funds received from a spent fuel settlement032
Nuclear fuel purchases(223)(62)
Proceeds from sale or maturity of securities in special use funds2,4834,088
Purchases of securities in special use funds(2,534)(4,151)
Other - net3231
Net cash used in investing activities(2,168)(1,975)
CASH FLOWS FROM FINANCING ACTIVITIES  
Issuances of long-term debt248523
Retirements of long-term debt(45)(42)
Net change in short-term debt307(578)
Capital contribution from NextEra Energy310660
Dividends(400)(250)
Other - net104
Net cash provided by (used in) financing activities430317
Net increase (decrease) in cash and cash equivalents10(46)
Cash and cash equivalents at beginning of period2083
Cash and cash equivalents at end of period3037
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES  
Accrued property additions$ 420$ 237