XML 26 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
Common Shareholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Reconciliation of basic and diluted earnings per share of common stock
Earnings Per Share - The reconciliation of NEE's basic and diluted earnings per share of common stock from continuing operations is as follows:

 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2014
 
2013
 
2014
 
2013
 
(millions, except per share amounts)
Numerator - income from continuing operations
$
492

 
$
610

 
$
921

 
$
652

Denominator:
 

 
 

 
 
Weighted-average number of common shares outstanding - basic
434.1

 
421.8

 
433.8

 
421.4

Equity units, performance share awards, options, forward sale agreement and restricted stock(a)
6.0

 
3.0

 
5.5

 
2.9

Weighted-average number of common shares outstanding - assuming dilution
440.1

 
424.8

 
439.3

 
424.3

Earnings per share of common stock from continuing operations:
 

 
 

 
 
Basic
$
1.13

 
$
1.45

 
$
2.12

 
$
1.54

Assuming dilution
$
1.12

 
$
1.44

 
$
2.10

 
$
1.54

————————————
(a)
Calculated using the treasury stock method.  Performance share awards are included in diluted weighted-average number of common shares outstanding based upon what would be issued if the end of the reporting period was the end of the term of the award.
Schedule of Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) - The components of AOCI, net of tax, are as follows:


Accumulated Other Comprehensive Income (Loss)

Net Unrealized Gains (Losses) on Cash Flow Hedges

Net Unrealized Gains (Losses) on Available for Sale Securities

Defined Benefit Pension and Other Benefits Plans

Net Unrealized Gains (Losses) on Foreign Currency Translation

Other Comprehensive Income (Loss) Related to Equity Method Investee

Total
 
(millions)
Three Months Ended June 30, 2014
 
Balances, March 31, 2014
$
(124
)

$
185


$
28


$
(50
)

$
(18
)

$
21

Other comprehensive income (loss) before reclassifications
(7
)

40


—


17


(3
)

47

Amounts reclassified from AOCI
(4
)
(a) 
(5
)
(b) 
—


—


—


(9
)
Net other comprehensive income (loss)
(11
)

35


—


17


(3
)

38

Balances, June 30, 2014
$
(135
)

$
220


$
28


$
(33
)

$
(21
)

$
59

————————————
(a)
Reclassified to interest expense and other - net in NEE's condensed consolidated statements of income.  See Note 3 - Income Statement Impact of Derivative Instruments.
(b)
Reclassified to gains on disposal of assets - net in NEE's condensed consolidated statements of income.


Accumulated Other Comprehensive Income (Loss)

Net Unrealized Gains (Losses) on Cash Flow Hedges

Net Unrealized Gains (Losses) on Available for Sale Securities

Defined Benefit Pension and Other Benefits Plans

Net Unrealized Gains (Losses) on Foreign Currency Translation

Other Comprehensive Income (Loss) Related to Equity Method Investee

Total
 
(millions)
Three Months Ended June 30, 2013

Balances, March 31, 2013
$
(180
)

$
130


$
(67
)

$
3


$
(22
)

$
(136
)
Other comprehensive income (loss) before reclassifications
36


2


—


(23
)

5


20

Amounts reclassified from AOCI
18

(a) 
(4
)
(b) 
—


—


—


14

Net other comprehensive income (loss)
54


(2
)

—


(23
)

5


34

Balances, June 30, 2013
$
(126
)

$
128


$
(67
)

$
(20
)

$
(17
)

$
(102
)
————————————
(a)
Reclassified to interest expense and other - net in NEE's condensed consolidated statements of income.  See Note 3 - Income Statement Impact of Derivative Instruments.
(b)
Reclassified to gains on disposal of assets - net in NEE's condensed consolidated statements of income.

 
Accumulated Other Comprehensive Income (Loss)
 
Net Unrealized Gains (Losses) on Cash Flow Hedges
 
Net Unrealized Gains (Losses) on Available for Sale Securities
 
Defined Benefit Pension and Other Benefits Plans
 
Net Unrealized Gains (Losses) on Foreign Currency Translation
 
Other Comprehensive Income (Loss) Related to Equity Method Investee
 
Total
 
(millions)
Six Months Ended June 30, 2014
 
 
 
 
 
 
 
 
 
 
 
Balances, December 31, 2013
$
(115
)
 
$
197

 
$
23

 
$
(33
)
 
$
(16
)
 
$
56

Other comprehensive income (loss) before reclassifications
(25
)
 
53

 
4

 
—

 
(5
)
 
27

Amounts reclassified from AOCI
5

(a) 
(30
)
(b) 
1

 
—

 
—

 
(24
)
Net other comprehensive income (loss)
(20
)
 
23

 
5

 
—

 
(5
)
 
3

Balances, June 30, 2014
$
(135
)
 
$
220

 
$
28

 
$
(33
)
 
$
(21
)
 
$
59

————————————
(a)
Reclassified to interest expense and other - net in NEE's condensed consolidated statements of income.  See Note 3 - Income Statement Impact of Derivative Instruments.
(b)
Reclassified to gains on disposal of assets - net in NEE's condensed consolidated statements of income.

 
Accumulated Other Comprehensive Income (Loss)
 
Net Unrealized Gains (Losses) on Cash Flow Hedges
 
Net Unrealized Gains (Losses) on Available for Sale Securities
 
Defined Benefit Pension and Other Benefits Plans
 
Net Unrealized Gains (Losses) on Foreign Currency Translation
 
Other Comprehensive Income (Loss) Related to Equity Method Investee
 
Total
 
(millions)
Six Months Ended June 30, 2013
 
 
 
 
 
 
 
 
 
 
 
Balances, December 31, 2012
$
(266
)
 
$
96

 
$
(74
)
 
$
12

 
$
(23
)
 
$
(255
)
Other comprehensive income (loss) before reclassifications
101

 
42

 
6

 
(32
)
 
6

 
123

Amounts reclassified from AOCI
39

(a) 
(10
)
(b) 
1

 
—

 
—

 
30

Net other comprehensive income (loss)
140

 
32

 
7

 
(32
)
 
6

 
153

Balances, June 30, 2013
$
(126
)
 
$
128

 
$
(67
)
 
$
(20
)
 
$
(17
)
 
$
(102
)

————————————
(a)
Reclassified to interest expense and other - net in NEE's condensed consolidated statements of income.  See Note 3 - Income Statement Impact of Derivative Instruments.
(b)
Reclassified to gains on disposal of assets - net in NEE's condensed consolidated statements of income.