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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
PROPERTY, PLANT AND EQUIPMENT    
Electric utility plant in service and other property $ 54,262 $ 50,768
Nuclear fuel 1,994 1,795
Construction work in progress 7,174 4,989
Less accumulated depreciation and amortization (15,737) (15,062)
Total property, plant and equipment - net 47,693 42,490
CURRENT ASSETS    
Cash and cash equivalents 246 377
Customer receivables, net of allowances 1,633 1,372
Other receivables 489 430
Materials, supplies and fossil fuel inventory 1,055 1,074
Regulatory assets:    
Deferred clause and franchise expenses 54 112
Derivatives 59 502
Other 87 84
Derivatives 482 611
Other 332 310
Total current assets 4,437 4,872
OTHER ASSETS    
Special use funds 4,223 3,867
Other investments 971 907
Prepaid benefit costs 1,093 1,021
Regulatory assets:    
Securitized storm-recovery costs 462 517
Other 524 621
Derivatives 944 [1] 973 [1]
Other 1,702 1,920
Total other assets 9,919 9,826
TOTAL ASSETS 62,049 57,188
CAPITALIZATION    
Common stock 4 4
Additional paid-in capital 5,494 5,217
Retained earnings 10,607 9,876
Accumulated other comprehensive income (loss) (219) (154)
Total common shareholders' equity 15,886 14,943
Long-term debt 22,714 20,810
Total capitalization 38,600 35,753
CURRENT LIABILITIES    
Commercial paper 1,053 1,349
Short-term debt 521 0
Current maturities of long-term debt 2,062 808
Accounts payable 1,194 1,191
Customer deposits 513 547
Accrued interest and taxes 703 464
Derivatives 486 [2] 1,090 [2]
Accrued construction-related expenditures 512 518
Other 831 752
Total current liabilities 7,875 6,719
OTHER LIABILITIES AND DEFERRED CREDITS    
Asset retirement obligations 1,685 1,611
Accumulated deferred income taxes 6,166 5,681
Regulatory liabilities:    
Accrued asset removal costs 2,017 2,197
Asset retirement obligation regulatory expense difference 1,814 1,640
Other 361 419
Derivatives 530 [3] 541 [3]
Deferral related to differential membership interests - VIEs 1,498 1,203
Other 1,503 1,424
Total other liabilities and deferred credits 15,574 14,716
COMMITMENTS AND CONTINGENCIES      
TOTAL CAPITALIZATION AND LIABILITIES 62,049 57,188
FPL [Member]
   
ELECTRIC UTILITY PLANT    
Plant in service and other property 33,981 31,564
Nuclear fuel 1,148 1,005
Construction work in progress 2,492 2,601
Less accumulated depreciation and amortization (10,915) (10,916)
Electric utility plant - net 26,706 24,254
CURRENT ASSETS    
Cash and cash equivalents 20 36
Customer receivables, net of allowances 986 682
Other receivables 239 312
Materials, supplies and fossil fuel inventory 736 759
Regulatory assets:    
Deferred clause and franchise expenses 54 112
Derivatives 59 502
Other 83 80
Other 132 166
Total current assets 2,309 2,649
OTHER ASSETS    
Special use funds 2,967 2,737
Prepaid benefit costs 1,124 1,088
Regulatory assets:    
Securitized storm-recovery costs 462 517
Other 336 395
Derivatives 32 [1],[4] 2 [1],[4]
Other 216 176
Total other assets 5,105 4,913
TOTAL ASSETS 34,120 31,816
CAPITALIZATION    
Common stock 1,373 1,373
Additional paid-in capital 5,703 5,464
Retained earnings 4,998 4,013
Total common shareholders' equity 12,074 10,850
Long-term debt 7,632 7,483
Total capitalization 19,706 18,333
CURRENT LIABILITIES    
Commercial paper 472 330
Current maturities of long-term debt 452 50
Accounts payable 672 678
Customer deposits 508 541
Accrued interest and taxes 486 221
Derivatives 67 [2] 512 [2]
Accrued construction-related expenditures 210 261
Other 384 373
Total current liabilities 3,251 2,966
OTHER LIABILITIES AND DEFERRED CREDITS    
Asset retirement obligations 1,190 1,144
Accumulated deferred income taxes 5,248 4,593
Regulatory liabilities:    
Accrued asset removal costs 2,017 2,197
Asset retirement obligation regulatory expense difference 1,814 1,640
Other 361 416
Derivatives 0 [3],[5] 1 [3],[5]
Other 533 527
Total other liabilities and deferred credits 11,163 10,517
COMMITMENTS AND CONTINGENCIES      
TOTAL CAPITALIZATION AND LIABILITIES $ 34,120 $ 31,816
[1] At September 30, 2012 and December 31, 2011, NEE's balances reflect the netting of approximately $154 million and $109 million (none at FPL), respectively, in margin cash collateral received from counterparties.
[2] At September 30, 2012 and December 31, 2011, NEE's balances reflect the netting of approximately $74 million and $112 million (none at FPL), respectively, in margin cash collateral provided to counterparties.
[3] At December 31, 2011, NEE's balance reflects the netting of approximately $79 million (none at FPL) in margin cash collateral provided to counterparties.
[4] Included in noncurrent other assets on FPL's condensed consolidated balance sheets.
[5] Included in noncurrent other liabilities on FPL's condensed consolidated balance sheets.