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Equity (Tables)
6 Months Ended
Jun. 30, 2018
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 attributable to NEE is as follows:
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2018
 
2017
 
2018
 
2017
 
(millions, except per share amounts)
Numerator:
 
 
 
 
 
 
 
    Net income attributable to NEE - basic
$
795

 
$
793

 
$
5,223

 
$
2,376

Adjustment for the impact of dilutive securities at NEP
(15
)
 

 
(24
)
 

    Net income attributable to NEE - assuming dilution
$
780

 
$
793

 
$
5,199

 
$
2,376

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding - basic
471.1

 
467.9

 
470.9

 
467.7

Equity units, stock options, performance share awards, forward sale agreements and restricted stock(a)
4.1

 
3.8

 
3.8

 
3.3

Weighted-average number of common shares outstanding - assuming dilution
475.2

 
471.7

 
474.7

 
471.0

Earnings per share attributable to NEE:
 
 
 
 
 
 
 
Basic
$
1.69

 
$
1.69

 
$
11.09

 
$
5.08

Assuming dilution
$
1.64

 
$
1.68

 
$
10.95

 
$
5.05

———————————————
(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 Investees
 
Total

(millions)
Three Months Ended June 30, 2018
 
Balances, March 31, 2018
$
(74
)
 
$
(2
)
 
$
(50
)
 
$
(52
)
 
$

 
$
(178
)
Other comprehensive income (loss) before reclassifications

 
(3
)
 
(1
)
 

 
2

 
(2
)
Amounts reclassified from AOCI
7

(a) 

(b) 

 

 

 
7

Net other comprehensive income (loss)
7

 
(3
)

(1
)



2


5

Balances, June 30, 2018
$
(67
)
 
$
(5
)
 
$
(51
)
 
$
(52
)
 
$
2

 
$
(173
)
 
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 Investees
 
Total
 
(millions)
Three Months Ended June 30, 2017
 
Balances, March 31, 2017
$
(101
)
 
$
243

 
$
(86
)
 
$
(75
)
 
$
(21
)
 
$
(40
)
Other comprehensive income (loss) before reclassifications

 
26

 
10

 
5

 
(1
)
 
40

Amounts reclassified from AOCI
5

(a) 
(1
)
(b) 

 

 

 
4

Net other comprehensive income (loss)
5


25


10


5


(1
)

44

Other comprehensive income attributable to noncontrolling interests

 

 

 
(1
)
 

 
(1
)
Balances, June 30, 2017
$
(96
)
 
$
268

 
$
(76
)
 
$
(71
)
 
$
(22
)
 
$
3



 
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 Investees
 
Total
 
(millions)
Six Months Ended June 30, 2018
 
Balances, December 31, 2017
$
(77
)
 
$
316

 
$
(39
)
 
$
(69
)
 
$
(20
)
 
$
111

Other comprehensive income (loss) before reclassifications

 
(9
)
 
(3
)
 
(20
)
 
4

 
(28
)
Amounts reclassified from AOCI
14

(a) 

(b) 

 

 

 
14

Net other comprehensive income (loss)
14


(9
)

(3
)

(20
)

4

 
(14
)
Impact of NEP deconsolidation(c)
3

 

 

 
37

 
18

 
58

Adoption of accounting standards updates(d)
(7
)
 
(312
)
 
(9
)
 

 

 
(328
)
Balances, June 30, 2018
$
(67
)
 
$
(5
)
 
$
(51
)
 
$
(52
)
 
$
2

 
$
(173
)

 
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 Investees
 
Total
 
(millions)
Six Months Ended June 30, 2017
 
Balances, December 31, 2016
$
(100
)
 
$
225

 
$
(83
)
 
$
(90
)
 
$
(22
)
 
$
(70
)
Other comprehensive income before reclassifications

 
60

 
7

 
21

 

 
88

Amounts reclassified from AOCI
14

(a) 
(17
)
(b) 

 

 

 
(3
)
Net other comprehensive income
14


43


7


21




85

Other comprehensive income attributable to noncontrolling interests
(10
)
 

 

 
(2
)
 

 
(12
)
Balances, June 30, 2017
$
(96
)
 
$
268

 
$
(76
)
 
$
(71
)
 
$
(22
)
 
$
3

———————————————
(a)
Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 4 - Income Statement Impact of Derivative Instruments.
(b)
Reclassified to gains on disposal of investments and other property - net in NEE's condensed consolidated statements of income.
(c)
Reclassified and included in gain on NEP deconsolidation. See Note 2.
(d)
Reclassified to retained earnings. See Notes 5 - Financial Instruments Accounting Standards Update and 6.