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Segment Information (Tables)
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Segment information
NEE's segment information is as follows:
 
Three Months Ended September 30,
 
 
2018
 
2017
 
 
FPL
 
NEER(a)(b)
 
Corporate
and Other
 
NEE
Consoli-
dated(b)
 
FPL
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
 
Operating revenues
$
3,399

 
$
1,020

 
$
(1
)
 
$
4,418

 
$
3,477

 
$
1,333

 
$
(2
)
 
$
4,808

 
Operating expenses - net
$
2,482

 
$
924

 
$
42

 
$
3,448

 
$
2,455

 
$
964

 
$
38

(d) 
$
3,457

(d) 
Net income (loss) attributable to NEE
$
654

 
$
214

(c) 
$
139

 
$
1,007

 
$
566

 
$
292

(c) 
$
(11
)
 
$
847

 

 
Nine Months Ended September 30,
 
 
2018
 
2017
 
 
FPL
 
NEER(a)(b)
 
Corporate
and Other
 
NEE
Consoli-
dated
(b)
 
FPL
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
 
Operating revenues
$
8,927

 
$
3,429

 
$
(5
)
 
$
12,351

 
$
9,095

 
$
4,052

 
$
38

 
$
13,185

 
Operating expenses (income) - net
$
6,381

 
$
2,663

 
$
128

 
$
9,172

 
$
6,322

 
$
2,852


$
(978
)
(d) 
$
8,196

(d) 
Net income attributable to NEE
$
1,764

 
$
4,414

(c) 
$
51

 
$
6,229

 
$
1,537

 
$
1,069

(c) 
$
617

 
$
3,223

 
———————————————
(a)
Interest expense allocated from NEECH is based on a deemed capital structure of 70% debt. For this purpose, differential membership interests sold by NEER subsidiaries are included with debt. Residual NEECH corporate interest expense is included in Corporate and Other.
(b)
NEP was deconsolidated from NEER in January 2018. See Note 2.
(c)
See Note 6 for a discussion of NEER's tax benefits related to PTCs.
(d)
Prior period amounts have been retrospectively adjusted as discussed in Note 3 - Amendments to Presentation of Retirement Benefits.
 
September 30, 2018
 
December 31, 2017
 
FPL
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated(a)
 
FPL
 
NEER
 
Corporate
and Other
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
Total assets
$
52,978

 
$
43,681

 
$
1,944

 
$
98,603

 
$
50,244

 
$
45,549

 
$
2,034

 
$
97,827


———————————————
(a)
NEP was deconsolidated from NEER in January 2018. See Note 2.