Summarized Financial Information of NEECH (Details) (USD $) In Millions, unless otherwise specified
|
3 Months Ended |
12 Months Ended |
|
Dec. 31, 2012
|
Sep. 30, 2012
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Jun. 30, 2012
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Mar. 31, 2012
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Dec. 31, 2011
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Sep. 30, 2011
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Jun. 30, 2011
|
Mar. 31, 2011
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Dec. 31, 2012
|
Dec. 31, 2011
|
Dec. 31, 2010
|
Dec. 31, 2008
|
Condensed Financial Statements, Captions [Line Items] |
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Equity Method Investment, Ownership Percentage |
100.00% |
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100.00% |
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Consolidated Statements of Income [Abstract] |
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Operating revenues |
$ 3,375 |
[1],[2] |
$ 3,843 |
[1],[2] |
$ 3,667 |
[1],[2] |
$ 3,371 |
[1],[2] |
$ 3,864 |
[1],[2] |
$ 4,382 |
[1],[2] |
$ 3,961 |
[1],[2] |
$ 3,134 |
[1],[2] |
$ 14,256 |
|
$ 15,341 |
|
$ 15,317 |
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Operating expenses |
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(10,980) |
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(12,080) |
[3] |
(12,090) |
[3] |
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Interest expense |
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(1,038) |
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(1,035) |
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(979) |
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Equity in earnings of subsidiaries |
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0 |
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0 |
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0 |
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Other income (deductions) - net |
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365 |
|
226 |
[3] |
241 |
[3] |
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Income (loss) before income taxes |
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2,603 |
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2,452 |
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2,489 |
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Income tax expense (benefit) |
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692 |
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529 |
|
532 |
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NET INCOME |
429 |
[1],[2] |
415 |
[1],[2] |
607 |
[1],[2] |
461 |
[1],[2] |
667 |
[1],[2] |
407 |
[1],[2] |
580 |
[1],[2] |
268 |
[1],[2] |
1,911 |
|
1,923 |
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1,957 |
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Comprehensive Income (Loss), Net of Tax, Attributable to Parent |
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1,810 |
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1,603 |
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1,954 |
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PROPERTY, PLANT AND EQUIPMENT |
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Electric utility plant in service and other property |
64,917 |
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57,552 |
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64,917 |
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57,552 |
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Less accumulated depreciation and amortization |
(15,504) |
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(15,062) |
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(15,504) |
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(15,062) |
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Total property, plant and equipment - net |
49,413 |
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42,490 |
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49,413 |
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42,490 |
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CURRENT ASSETS |
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Cash and cash equivalents |
329 |
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|
377 |
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329 |
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377 |
|
302 |
|
238 |
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Receivables |
2,056 |
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1,802 |
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2,056 |
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1,802 |
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Other |
2,852 |
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2,693 |
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2,852 |
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2,693 |
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Total current assets |
5,237 |
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4,872 |
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5,237 |
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4,872 |
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OTHER ASSETS |
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Investment in subsidiaries |
0 |
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0 |
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0 |
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0 |
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Other |
9,789 |
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9,826 |
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9,789 |
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9,826 |
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Total other assets |
9,789 |
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9,826 |
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9,789 |
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9,826 |
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TOTAL ASSETS |
64,439 |
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57,188 |
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64,439 |
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57,188 |
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CAPITALIZATION |
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Common shareholders' equity |
16,068 |
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14,943 |
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16,068 |
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14,943 |
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Long-term debt |
23,177 |
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20,810 |
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23,177 |
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20,810 |
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Total capitalization |
39,245 |
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35,753 |
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39,245 |
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35,753 |
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CURRENT LIABILITIES |
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Debt due within one year |
4,182 |
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2,157 |
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4,182 |
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2,157 |
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Accounts payable |
1,281 |
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1,191 |
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1,281 |
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1,191 |
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Other |
3,416 |
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3,371 |
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3,416 |
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3,371 |
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Total current liabilities |
8,879 |
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6,719 |
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8,879 |
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6,719 |
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OTHER LIABILITIES AND DEFERRED CREDITS |
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Asset retirement obligations |
1,715 |
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1,611 |
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1,715 |
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1,611 |
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1,639 |
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Accumulated deferred income taxes |
6,703 |
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5,681 |
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6,703 |
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5,681 |
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Other |
7,897 |
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7,424 |
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7,897 |
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7,424 |
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Total other liabilities and deferred credits |
16,315 |
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14,716 |
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16,315 |
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14,716 |
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TOTAL CAPITALIZATION AND LIABILITIES |
64,439 |
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57,188 |
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64,439 |
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57,188 |
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Condensed Consolidating Statements of Cash Flows [Abstract] |
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Net cash provided by operating activities |
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3,992 |
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4,074 |
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3,834 |
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CASH FLOWS FROM INVESTING ACTIVITIES |
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Capital expenditures, independent power and other investments and nuclear fuel purchases |
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(9,461) |
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(6,628) |
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(5,846) |
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Capital contribution to FPL |
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0 |
|
0 |
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0 |
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Cash grants under the Recovery Act |
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|
196 |
|
624 |
|
588 |
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Sale of natural gas-fired generating assets |
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0 |
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1,204 |
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0 |
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Change in loan proceeds restricted for construction |
|
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|
314 |
|
(565) |
|
0 |
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Other - net |
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|
23 |
|
86 |
|
(26) |
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Net cash used in investing activities |
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(8,928) |
|
(5,279) |
|
(5,284) |
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CASH FLOWS FROM FINANCING ACTIVITES |
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Issuances of long-term debt |
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6,630 |
|
3,940 |
|
3,724 |
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Retirements of long-term debt |
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(1,612) |
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(2,121) |
|
(769) |
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Proceeds from sale of differential membership interests |
|
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|
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|
808 |
|
466 |
|
261 |
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Net change in short-term debt |
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|
61 |
|
460 |
|
(1,130) |
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Dividends on common stock |
|
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(1,004) |
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(920) |
|
(823) |
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Other - net |
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|
5 |
|
(545) |
|
251 |
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Net cash provided by (used in) financing activities |
|
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|
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|
4,888 |
|
1,280 |
|
1,514 |
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Net increase (decrease) in cash and cash equivalents |
|
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|
(48) |
|
75 |
|
64 |
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|
Cash and cash equivalents at beginning of year |
|
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|
|
|
|
377 |
|
|
|
|
|
|
|
302 |
|
377 |
|
302 |
|
238 |
|
238 |
|
Cash and cash equivalents at end of year |
329 |
|
|
|
|
|
|
|
377 |
|
|
|
|
|
|
|
329 |
|
377 |
|
302 |
|
238 |
|
NextEra Energy (Guarantor) [Member]
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|
Consolidated Statements of Income [Abstract] |
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Operating revenues |
|
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|
|
|
|
|
|
|
|
|
|
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|
0 |
|
0 |
|
0 |
|
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|
Operating expenses |
|
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|
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|
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|
(21) |
|
(15) |
|
(4) |
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Interest expense |
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|
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|
(11) |
|
(14) |
|
(15) |
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Equity in earnings of subsidiaries |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,925 |
|
1,878 |
|
1,931 |
|
|
|
Other income (deductions) - net |
|
|
|
|
|
|
|
|
|
|
|
|
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|
7 |
|
1 |
|
16 |
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|
Income (loss) before income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,900 |
|
1,850 |
|
1,928 |
|
|
|
Income tax expense (benefit) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(11) |
|
(73) |
|
(29) |
|
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|
NET INCOME |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,911 |
|
1,923 |
|
1,957 |
|
|
|
Comprehensive Income (Loss), Net of Tax, Attributable to Parent |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,810 |
|
1,603 |
|
1,954 |
|
|
|
PROPERTY, PLANT AND EQUIPMENT |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electric utility plant in service and other property |
31 |
|
|
|
|
|
|
|
31 |
|
|
|
|
|
|
|
31 |
|
31 |
|
|
|
|
|
Less accumulated depreciation and amortization |
(7) |
|
|
|
|
|
|
|
(3) |
|
|
|
|
|
|
|
(7) |
|
(3) |
|
|
|
|
|
Total property, plant and equipment - net |
24 |
|
|
|
|
|
|
|
28 |
|
|
|
|
|
|
|
24 |
|
28 |
|
|
|
|
|
CURRENT ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
2 |
|
|
|
|
|
|
|
1 |
|
|
|
|
|
|
|
2 |
|
1 |
|
0 |
|
0 |
|
Receivables |
398 |
|
|
|
|
|
|
|
84 |
|
|
|
|
|
|
|
398 |
|
84 |
|
|
|
|
|
Other |
432 |
|
|
|
|
|
|
|
5 |
|
|
|
|
|
|
|
432 |
|
5 |
|
|
|
|
|
Total current assets |
832 |
|
|
|
|
|
|
|
90 |
|
|
|
|
|
|
|
832 |
|
90 |
|
|
|
|
|
OTHER ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment in subsidiaries |
16,064 |
|
|
|
|
|
|
|
14,879 |
|
|
|
|
|
|
|
16,064 |
|
14,879 |
|
|
|
|
|
Other |
647 |
|
|
|
|
|
|
|
513 |
|
|
|
|
|
|
|
647 |
|
513 |
|
|
|
|
|
Total other assets |
16,711 |
|
|
|
|
|
|
|
15,392 |
|
|
|
|
|
|
|
16,711 |
|
15,392 |
|
|
|
|
|
TOTAL ASSETS |
17,567 |
|
|
|
|
|
|
|
15,510 |
|
|
|
|
|
|
|
17,567 |
|
15,510 |
|
|
|
|
|
CAPITALIZATION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common shareholders' equity |
16,068 |
|
|
|
|
|
|
|
14,943 |
|
|
|
|
|
|
|
16,068 |
|
14,943 |
|
|
|
|
|
Long-term debt |
0 |
|
|
|
|
|
|
|
0 |
|
|
|
|
|
|
|
0 |
|
0 |
|
|
|
|
|
Total capitalization |
16,068 |
|
|
|
|
|
|
|
14,943 |
|
|
|
|
|
|
|
16,068 |
|
14,943 |
|
|
|
|
|
CURRENT LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt due within one year |
0 |
|
|
|
|
|
|
|
0 |
|
|
|
|
|
|
|
0 |
|
0 |
|
|
|
|
|
Accounts payable |
1 |
|
|
|
|
|
|
|
0 |
|
|
|
|
|
|
|
1 |
|
0 |
|
|
|
|
|
Other |
440 |
|
|
|
|
|
|
|
250 |
|
|
|
|
|
|
|
440 |
|
250 |
|
|
|
|
|
Total current liabilities |
441 |
|
|
|
|
|
|
|
250 |
|
|
|
|
|
|
|
441 |
|
250 |
|
|
|
|
|
OTHER LIABILITIES AND DEFERRED CREDITS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asset retirement obligations |
0 |
|
|
|
|
|
|
|
0 |
|
|
|
|
|
|
|
0 |
|
0 |
|
|
|
|
|
Accumulated deferred income taxes |
497 |
|
|
|
|
|
|
|
68 |
|
|
|
|
|
|
|
497 |
|
68 |
|
|
|
|
|
Other |
561 |
|
|
|
|
|
|
|
249 |
|
|
|
|
|
|
|
561 |
|
249 |
|
|
|
|
|
Total other liabilities and deferred credits |
1,058 |
|
|
|
|
|
|
|
317 |
|
|
|
|
|
|
|
1,058 |
|
317 |
|
|
|
|
|
TOTAL CAPITALIZATION AND LIABILITIES |
17,567 |
|
|
|
|
|
|
|
15,510 |
|
|
|
|
|
|
|
17,567 |
|
15,510 |
|
|
|
|
|
Condensed Consolidating Statements of Cash Flows [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net cash provided by operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,166 |
|
1,681 |
|
1,178 |
|
|
|
CASH FLOWS FROM INVESTING ACTIVITIES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital expenditures, independent power and other investments and nuclear fuel purchases |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
|
(16) |
|
0 |
|
|
|
Capital contribution to FPL |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(440) |
|
(410) |
|
(660) |
|
|
|
Cash grants under the Recovery Act |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
|
0 |
|
0 |
|
|
|
Sale of natural gas-fired generating assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
|
0 |
|
0 |
|
|
|
Change in loan proceeds restricted for construction |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
|
0 |
|
0 |
|
|
|
Other - net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 |
|
16 |
|
0 |
|
|
|
Net cash used in investing activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(439) |
|
(410) |
|
(660) |
|
|
|
CASH FLOWS FROM FINANCING ACTIVITES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Issuances of long-term debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
|
0 |
|
0 |
|
|
|
Retirements of long-term debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
|
0 |
|
0 |
|
|
|
Proceeds from sale of differential membership interests |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
|
0 |
|
0 |
|
|
|
Net change in short-term debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
|
0 |
|
0 |
|
|
|
Dividends on common stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,004) |
|
(920) |
|
(823) |
|
|
|
Other - net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
278 |
|
(350) |
|
305 |
|
|
|
Net cash provided by (used in) financing activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(726) |
|
(1,270) |
|
(518) |
|
|
|
Net increase (decrease) in cash and cash equivalents |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 |
|
1 |
|
0 |
|
|
|
Cash and cash equivalents at beginning of year |
|
|
|
|
|
|
1 |
|
|
|
|
|
|
|
0 |
|
1 |
|
0 |
|
|
|
0 |
|
Cash and cash equivalents at end of year |
2 |
|
|
|
|
|
|
|
1 |
|
|
|
|
|
|
|
2 |
|
1 |
|
0 |
|
0 |
|
Capital Holdings Consolidated [Member]
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated Statements of Income [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,154 |
|
4,740 |
|
4,843 |
|
|
|
Operating expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,214) |
|
(3,540) |
[3] |
(3,462) |
[3] |
|
|
Interest expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(619) |
|
(645) |
|
(618) |
|
|
|
Equity in earnings of subsidiaries |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
|
0 |
|
0 |
|
|
|
Other income (deductions) - net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
313 |
|
202 |
[3] |
204 |
[3] |
|
|
Income (loss) before income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
634 |
|
757 |
|
967 |
|
|
|
Income tax expense (benefit) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(50) |
|
(53) |
|
(19) |
|
|
|
NET INCOME |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
684 |
|
810 |
|
986 |
|
|
|
Comprehensive Income (Loss), Net of Tax, Attributable to Parent |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
611 |
|
535 |
|
981 |
|
|
|
PROPERTY, PLANT AND EQUIPMENT |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electric utility plant in service and other property |
26,638 |
|
|
|
|
|
|
|
22,351 |
|
|
|
|
|
|
|
26,638 |
|
22,351 |
|
|
|
|
|
Less accumulated depreciation and amortization |
(4,800) |
|
|
|
|
|
|
|
(4,143) |
|
|
|
|
|
|
|
(4,800) |
|
(4,143) |
|
|
|
|
|
Total property, plant and equipment - net |
21,838 |
|
|
|
|
|
|
|
18,208 |
|
|
|
|
|
|
|
21,838 |
|
18,208 |
|
|
|
|
|
CURRENT ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
287 |
|
|
|
|
|
|
|
339 |
|
|
|
|
|
|
|
287 |
|
339 |
|
282 |
|
156 |
|
Receivables |
1,208 |
|
|
|
|
|
|
|
1,026 |
|
|
|
|
|
|
|
1,208 |
|
1,026 |
|
|
|
|
|
Other |
1,421 |
|
|
|
|
|
|
|
1,075 |
|
|
|
|
|
|
|
1,421 |
|
1,075 |
|
|
|
|
|
Total current assets |
2,916 |
|
|
|
|
|
|
|
2,440 |
|
|
|
|
|
|
|
2,916 |
|
2,440 |
|
|
|
|
|
OTHER ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment in subsidiaries |
0 |
|
|
|
|
|
|
|
0 |
|
|
|
|
|
|
|
0 |
|
0 |
|
|
|
|
|
Other |
4,749 |
|
|
|
|
|
|
|
4,849 |
|
|
|
|
|
|
|
4,749 |
|
4,849 |
|
|
|
|
|
Total other assets |
4,749 |
|
|
|
|
|
|
|
4,849 |
|
|
|
|
|
|
|
4,749 |
|
4,849 |
|
|
|
|
|
TOTAL ASSETS |
29,503 |
|
|
|
|
|
|
|
25,497 |
|
|
|
|
|
|
|
29,503 |
|
25,497 |
|
|
|
|
|
CAPITALIZATION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common shareholders' equity |
3,533 |
|
|
|
|
|
|
|
4,030 |
|
|
|
|
|
|
|
3,533 |
|
4,030 |
|
|
|
|
|
Long-term debt |
14,848 |
|
|
|
|
|
|
|
13,327 |
|
|
|
|
|
|
|
14,848 |
|
13,327 |
|
|
|
|
|
Total capitalization |
18,381 |
|
|
|
|
|
|
|
17,357 |
|
|
|
|
|
|
|
18,381 |
|
17,357 |
|
|
|
|
|
CURRENT LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt due within one year |
3,624 |
|
|
|
|
|
|
|
1,778 |
|
|
|
|
|
|
|
3,624 |
|
1,778 |
|
|
|
|
|
Accounts payable |
667 |
|
|
|
|
|
|
|
512 |
|
|
|
|
|
|
|
667 |
|
512 |
|
|
|
|
|
Other |
2,317 |
|
|
|
|
|
|
|
1,520 |
|
|
|
|
|
|
|
2,317 |
|
1,520 |
|
|
|
|
|
Total current liabilities |
6,608 |
|
|
|
|
|
|
|
3,810 |
|
|
|
|
|
|
|
6,608 |
|
3,810 |
|
|
|
|
|
OTHER LIABILITIES AND DEFERRED CREDITS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asset retirement obligations |
508 |
|
|
|
|
|
|
|
466 |
|
|
|
|
|
|
|
508 |
|
466 |
|
|
|
|
|
Accumulated deferred income taxes |
891 |
|
|
|
|
|
|
|
1,376 |
|
|
|
|
|
|
|
891 |
|
1,376 |
|
|
|
|
|
Other |
3,115 |
|
|
|
|
|
|
|
2,488 |
|
|
|
|
|
|
|
3,115 |
|
2,488 |
|
|
|
|
|
Total other liabilities and deferred credits |
4,514 |
|
|
|
|
|
|
|
4,330 |
|
|
|
|
|
|
|
4,514 |
|
4,330 |
|
|
|
|
|
TOTAL CAPITALIZATION AND LIABILITIES |
29,503 |
|
|
|
|
|
|
|
25,497 |
|
|
|
|
|
|
|
29,503 |
|
25,497 |
|
|
|
|
|
Condensed Consolidating Statements of Cash Flows [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net cash provided by operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,091 |
|
1,446 |
|
1,940 |
|
|
|
CASH FLOWS FROM INVESTING ACTIVITIES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital expenditures, independent power and other investments and nuclear fuel purchases |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(5,176) |
|
(3,109) |
|
(3,140) |
|
|
|
Capital contribution to FPL |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
|
0 |
|
0 |
|
|
|
Cash grants under the Recovery Act |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
196 |
|
406 |
|
428 |
|
|
|
Sale of natural gas-fired generating assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,204 |
|
0 |
|
|
|
Change in loan proceeds restricted for construction |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
314 |
|
(565) |
|
0 |
|
|
|
Other - net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20 |
|
60 |
|
5 |
|
|
|
Net cash used in investing activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(4,646) |
|
(2,004) |
|
(2,707) |
|
|
|
CASH FLOWS FROM FINANCING ACTIVITES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Issuances of long-term debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,334 |
|
3,100 |
|
2,800 |
|
|
|
Retirements of long-term debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,562) |
|
(2,076) |
|
(727) |
|
|
|
Proceeds from sale of differential membership interests |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
808 |
|
466 |
|
261 |
|
|
|
Net change in short-term debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
286 |
|
231 |
|
(414) |
|
|
|
Dividends on common stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
|
0 |
|
0 |
|
|
|
Other - net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,363) |
|
(1,106) |
|
(1,027) |
|
|
|
Net cash provided by (used in) financing activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,503 |
|
615 |
|
893 |
|
|
|
Net increase (decrease) in cash and cash equivalents |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(52) |
|
57 |
|
126 |
|
|
|
Cash and cash equivalents at beginning of year |
|
|
|
|
|
|
339 |
|
|
|
|
|
|
|
282 |
|
339 |
|
282 |
|
|
|
156 |
|
Cash and cash equivalents at end of year |
287 |
|
|
|
|
|
|
|
339 |
|
|
|
|
|
|
|
287 |
|
339 |
|
282 |
|
156 |
|
Other [Member]
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated Statements of Income [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10,102 |
[4] |
10,601 |
[4] |
10,474 |
[4] |
|
|
Operating expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(7,745) |
[4] |
(8,525) |
[4] |
(8,624) |
[4] |
|
|
Interest expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(408) |
[4] |
(376) |
[4] |
(346) |
[4] |
|
|
Equity in earnings of subsidiaries |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,925) |
[4] |
(1,878) |
[4] |
(1,931) |
[4] |
|
|
Other income (deductions) - net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
45 |
[4] |
23 |
[4] |
21 |
[4] |
|
|
Income (loss) before income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
69 |
[4] |
(155) |
[4] |
(406) |
[4] |
|
|
Income tax expense (benefit) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
753 |
[4] |
655 |
[4] |
580 |
[4] |
|
|
NET INCOME |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(684) |
[4] |
(810) |
[4] |
(986) |
[4] |
|
|
Comprehensive Income (Loss), Net of Tax, Attributable to Parent |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(611) |
[4] |
(535) |
[4] |
(981) |
[4] |
|
|
PROPERTY, PLANT AND EQUIPMENT |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electric utility plant in service and other property |
38,248 |
[4] |
|
|
|
|
|
|
35,170 |
[4] |
|
|
|
|
|
|
38,248 |
[4] |
35,170 |
[4] |
|
|
|
|
Less accumulated depreciation and amortization |
(10,697) |
[4] |
|
|
|
|
|
|
(10,916) |
[4] |
|
|
|
|
|
|
(10,697) |
[4] |
(10,916) |
[4] |
|
|
|
|
Total property, plant and equipment - net |
27,551 |
[4] |
|
|
|
|
|
|
24,254 |
[4] |
|
|
|
|
|
|
27,551 |
[4] |
24,254 |
[4] |
|
|
|
|
CURRENT ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
40 |
[4] |
|
|
|
|
|
|
37 |
[4] |
|
|
|
|
|
|
40 |
[4] |
37 |
[4] |
20 |
[4] |
82 |
[4] |
Receivables |
450 |
[4] |
|
|
|
|
|
|
692 |
[4] |
|
|
|
|
|
|
450 |
[4] |
692 |
[4] |
|
|
|
|
Other |
999 |
[4] |
|
|
|
|
|
|
1,613 |
[4] |
|
|
|
|
|
|
999 |
[4] |
1,613 |
[4] |
|
|
|
|
Total current assets |
1,489 |
[4] |
|
|
|
|
|
|
2,342 |
[4] |
|
|
|
|
|
|
1,489 |
[4] |
2,342 |
[4] |
|
|
|
|
OTHER ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment in subsidiaries |
(16,064) |
[4] |
|
|
|
|
|
|
(14,879) |
[4] |
|
|
|
|
|
|
(16,064) |
[4] |
(14,879) |
[4] |
|
|
|
|
Other |
4,393 |
[4] |
|
|
|
|
|
|
4,464 |
[4] |
|
|
|
|
|
|
4,393 |
[4] |
4,464 |
[4] |
|
|
|
|
Total other assets |
(11,671) |
[4] |
|
|
|
|
|
|
(10,415) |
[4] |
|
|
|
|
|
|
(11,671) |
[4] |
(10,415) |
[4] |
|
|
|
|
TOTAL ASSETS |
17,369 |
[4] |
|
|
|
|
|
|
16,181 |
[4] |
|
|
|
|
|
|
17,369 |
[4] |
16,181 |
[4] |
|
|
|
|
CAPITALIZATION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common shareholders' equity |
(3,533) |
[4] |
|
|
|
|
|
|
(4,030) |
[4] |
|
|
|
|
|
|
(3,533) |
[4] |
(4,030) |
[4] |
|
|
|
|
Long-term debt |
8,329 |
[4] |
|
|
|
|
|
|
7,483 |
[4] |
|
|
|
|
|
|
8,329 |
[4] |
7,483 |
[4] |
|
|
|
|
Total capitalization |
4,796 |
[4] |
|
|
|
|
|
|
3,453 |
[4] |
|
|
|
|
|
|
4,796 |
[4] |
3,453 |
[4] |
|
|
|
|
CURRENT LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt due within one year |
558 |
[4] |
|
|
|
|
|
|
379 |
[4] |
|
|
|
|
|
|
558 |
[4] |
379 |
[4] |
|
|
|
|
Accounts payable |
613 |
[4] |
|
|
|
|
|
|
679 |
[4] |
|
|
|
|
|
|
613 |
[4] |
679 |
[4] |
|
|
|
|
Other |
659 |
[4] |
|
|
|
|
|
|
1,601 |
[4] |
|
|
|
|
|
|
659 |
[4] |
1,601 |
[4] |
|
|
|
|
Total current liabilities |
1,830 |
[4] |
|
|
|
|
|
|
2,659 |
[4] |
|
|
|
|
|
|
1,830 |
[4] |
2,659 |
[4] |
|
|
|
|
OTHER LIABILITIES AND DEFERRED CREDITS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asset retirement obligations |
1,207 |
[4] |
|
|
|
|
|
|
1,145 |
[4] |
|
|
|
|
|
|
1,207 |
[4] |
1,145 |
[4] |
|
|
|
|
Accumulated deferred income taxes |
5,315 |
[4] |
|
|
|
|
|
|
4,237 |
[4] |
|
|
|
|
|
|
5,315 |
[4] |
4,237 |
[4] |
|
|
|
|
Other |
4,221 |
[4] |
|
|
|
|
|
|
4,687 |
[4] |
|
|
|
|
|
|
4,221 |
[4] |
4,687 |
[4] |
|
|
|
|
Total other liabilities and deferred credits |
10,743 |
[4] |
|
|
|
|
|
|
10,069 |
[4] |
|
|
|
|
|
|
10,743 |
[4] |
10,069 |
[4] |
|
|
|
|
TOTAL CAPITALIZATION AND LIABILITIES |
17,369 |
[4] |
|
|
|
|
|
|
16,181 |
[4] |
|
|
|
|
|
|
17,369 |
[4] |
16,181 |
[4] |
|
|
|
|
Condensed Consolidating Statements of Cash Flows [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net cash provided by operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,735 |
[4] |
947 |
[4] |
716 |
[4] |
|
|
CASH FLOWS FROM INVESTING ACTIVITIES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital expenditures, independent power and other investments and nuclear fuel purchases |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(4,285) |
[4] |
(3,503) |
[4] |
(2,706) |
[4] |
|
|
Capital contribution to FPL |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
440 |
[4] |
410 |
[4] |
660 |
[4] |
|
|
Cash grants under the Recovery Act |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
[4] |
218 |
[4] |
160 |
[4] |
|
|
Sale of natural gas-fired generating assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
[4] |
0 |
[4] |
0 |
[4] |
|
|
Change in loan proceeds restricted for construction |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
[4] |
0 |
[4] |
0 |
[4] |
|
|
Other - net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2 |
[4] |
10 |
[4] |
(31) |
[4] |
|
|
Net cash used in investing activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,843) |
[4] |
(2,865) |
[4] |
(1,917) |
[4] |
|
|
CASH FLOWS FROM FINANCING ACTIVITES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Issuances of long-term debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,296 |
[4] |
840 |
[4] |
924 |
[4] |
|
|
Retirements of long-term debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(50) |
[4] |
(45) |
[4] |
(42) |
[4] |
|
|
Proceeds from sale of differential membership interests |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
[4] |
0 |
[4] |
0 |
[4] |
|
|
Net change in short-term debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(225) |
[4] |
229 |
[4] |
(716) |
[4] |
|
|
Dividends on common stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
[4] |
0 |
[4] |
0 |
[4] |
|
|
Other - net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,090 |
[4] |
911 |
[4] |
973 |
[4] |
|
|
Net cash provided by (used in) financing activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,111 |
[4] |
1,935 |
[4] |
1,139 |
[4] |
|
|
Net increase (decrease) in cash and cash equivalents |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 |
[4] |
17 |
[4] |
(62) |
[4] |
|
|
Cash and cash equivalents at beginning of year |
|
|
|
|
|
|
37 |
[4] |
|
|
|
|
|
|
20 |
[4] |
37 |
[4] |
20 |
[4] |
|
|
82 |
[4] |
Cash and cash equivalents at end of year |
$ 40 |
[4] |
|
|
|
|
|
|
$ 37 |
[4] |
|
|
|
|
|
|
$ 40 |
[4] |
$ 37 |
[4] |
$ 20 |
[4] |
$ 82 |
[4] |
|
|