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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 1,436 $ 1,745
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,829 1,952
Nuclear fuel and other amortization 125 172
Unrealized losses (gains) on marked to market derivative contracts – net 730 (16)
Foreign currency transaction losses (gains) (22) 12
Deferred income taxes (133) 102
Cost recovery clauses and franchise fees (171) (103)
Equity in losses (earnings) of equity method investees 236 (10)
Distributions of earnings from equity method investees 209 233
Gains on disposal of businesses, assets and investments – net (316) (411)
Other - net 207 (111)
Changes in operating assets and liabilities:    
Current assets (206) (123)
Noncurrent assets (153) (157)
Current liabilities 26 (20)
Noncurrent liabilities (5) 16
Net cash provided by operating activities 3,792 3,281
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures of FPL (3,098) (2,302)
Acquisition and capital expenditures of Gulf Power (508) (4,704)
Independent power and other investments of NEER (2,532) (2,560)
Nuclear fuel purchases (131) (169)
Other capital expenditures, acquisitions and other investments (9) (165)
Sale of independent power and other investments of NEER 151 1,034
Proceeds from sale or maturity of securities in special use funds 2,107 2,059
Purchases of securities in special use funds (2,215) (2,105)
Other - net 50 21
Net cash used in investing activities (6,185) (8,891)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuances of long-term debt, including premiums and discounts 8,470 7,549
Retirements of long-term debt (2,332) (1,876)
Net change in commercial paper (2,415) 1,632
Proceeds from other short-term debt 2,158 0
Repayments of other short-term debt (1,850) (4,600)
Payments from related parties under a cash sweep and credit support agreement – net 46 671
Issuances of common stock/equity units - net (51)  
Issuances of common stock/equity units - net   26
Dividends (1,371) (1,197)
Other - net 68 (153)
Net cash provided by (used in) financing activities 2,723 2,052
Effects of currency translation on cash, cash equivalents and restricted cash (2) 8
Net increase (decrease) in cash, cash equivalents and restricted cash 328 (3,550)
Cash, cash equivalents and restricted cash at beginning of period 1,108 5,253
Cash, cash equivalents and restricted cash at end of period 1,436 1,703
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Accrued property additions 3,881 1,514
Increase in property, plant and equipment related to an acquisition 353 0
Decrease in joint venture investments related to an acquisition 145 0
FPL [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income [1] 1,391 1,251
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 952 1,152
Nuclear fuel and other amortization 80 85
Deferred income taxes 311 70
Cost recovery clauses and franchise fees (135) (72)
Other - net 39 25
Changes in operating assets and liabilities:    
Current assets (202) (259)
Noncurrent assets (59) (37)
Current liabilities 158 249
Noncurrent liabilities (38) (8)
Net cash provided by operating activities 2,497 2,456
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures of FPL (3,098) (2,302)
Nuclear fuel purchases (111) (93)
Proceeds from sale or maturity of securities in special use funds 1,409 1,276
Purchases of securities in special use funds (1,448) (1,333)
Other - net (25) 5
Net cash used in investing activities (3,273) (2,447)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuances of long-term debt, including premiums and discounts 1,557 1,698
Retirements of long-term debt (1,291) (49)
Net change in commercial paper (1,393) (481)
Capital contributions from NEE 1,900 250
Dividends 0 (1,400)
Other - net (24) (21)
Net cash provided by (used in) financing activities 749 (3)
Net increase (decrease) in cash, cash equivalents and restricted cash (27) 6
Cash, cash equivalents and restricted cash at beginning of period 195 254
Cash, cash equivalents and restricted cash at end of period 168 260
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Accrued property additions $ 595 $ 461
[1]
FPL's comprehensive income is the same as reported net income.