XML 20 R5.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,861 $ 639
Customer receivables, net of allowances 4,461 3,378
Other receivables 670 730
Materials, supplies and fuel inventory 1,642 1,561
Regulatory assets 1,165 1,125
Derivatives 1,757 689
Other 1,776 1,166
Total current assets 14,332 9,288
Other assets:    
Property, plant and equipment – net 105,393 99,348
Special use funds 7,525 8,922
Investment in equity method investees 6,064 6,159
Prepaid benefit costs 2,291 2,243
Regulatory assets 4,841 4,578
Derivatives 1,844 1,135
Goodwill 4,843 4,844
Other 4,637 4,395
Total other assets 137,438 131,624
TOTAL ASSETS 151,770 140,912
Current liabilities:    
Commercial paper 1,011 1,382
Other short-term debt 1,940 700
Current portion of long-term debt 7,250 1,785
Accounts payable 7,592 6,935
Customer deposits 497 485
Accrued interest and taxes 935 525
Derivatives 3,380 1,263
Accrued construction-related expenditures 1,674 1,378
Regulatory liabilities 467 289
Other 2,075 2,695
Total current liabilities 26,821 17,437
Other liabilities and deferred credits:    
Long-term debt 53,382 50,960
Asset retirement obligations 3,159 3,082
Deferred income taxes 8,196 8,310
Regulatory liabilities 10,187 11,273
Derivatives 2,924 1,713
Other 2,494 2,468
Total other liabilities and deferred credits 80,342 77,806
TOTAL LIABILITIES 107,163 95,243
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NONCONTROLLING INTERESTS – VIEs 53 245
EQUITY    
Common stock 20 20
Additional paid-in capital 11,309 11,271
Retained earnings 25,169 25,911
Accumulated other comprehensive income (loss) (59) 0
Total common shareholders' equity 36,439 37,202
Noncontrolling interests 8,115 8,222
TOTAL EQUITY 44,554 45,424
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY 151,770 140,912
Florida Power & Light Company    
Current assets:    
Cash and cash equivalents 67 55
Customer receivables, net of allowances 1,830 1,297
Other receivables 388 350
Materials, supplies and fuel inventory 1,034 963
Regulatory assets 1,151 1,111
Other 290 142
Total current assets 4,760 3,918
Other assets:    
Electric utility plant and other property – net 60,786 58,227
Special use funds 5,261 6,158
Prepaid benefit costs 1,683 1,657
Regulatory assets 4,595 4,343
Goodwill 2,989 2,989
Other 684 775
Total other assets 75,998 74,149
TOTAL ASSETS 80,758 78,067
Current liabilities:    
Commercial paper 0 1,382
Other short-term debt 200 200
Current portion of long-term debt 1,886 536
Accounts payable 1,498 1,318
Customer deposits 490 478
Accrued interest and taxes 723 322
Accrued construction-related expenditures 501 601
Regulatory liabilities 456 278
Other 561 643
Total current liabilities 6,315 5,758
Other liabilities and deferred credits:    
Long-term debt 19,449 17,974
Asset retirement obligations 2,089 2,049
Deferred income taxes 7,550 7,137
Regulatory liabilities 9,961 11,053
Other 436 502
Total other liabilities and deferred credits 39,485 38,715
TOTAL LIABILITIES 45,800 44,473
COMMITMENTS AND CONTINGENCIES
EQUITY    
Common stock 1,373 1,373
Additional paid-in capital 21,436 19,936
Retained earnings 12,149 12,285
TOTAL EQUITY 34,958 33,594
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY $ 80,758 $ 78,067