| Segment information |
NEE's segment information is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | 2017 | | 2016 | | FPL | | NEER(a) | | Corporate and Other | | NEE Consoli- dated | | FPL | | NEER(a) | | Corporate and Other | | NEE Consoli- dated | | | | | | | | (millions) | | | | | | | Operating revenues | $ | 3,091 |
| | $ | 1,295 |
| | $ | 18 |
| | $ | 4,404 |
| | $ | 2,750 |
| | $ | 970 |
| | $ | 97 |
| | $ | 3,817 |
| Operating expenses - net | $ | 2,150 |
| | $ | 957 |
| | $ | 12 |
| | $ | 3,119 |
| | $ | 1,922 |
| | $ | 654 |
| | $ | 72 |
| | $ | 2,648 |
| Net income (loss) attributable to NEE | $ | 526 |
| | $ | 301 |
| (b) | $ | (34 | ) | | $ | 793 |
| | $ | 448 |
| | $ | 234 |
| (b) | $ | (142 | ) | | $ | 540 |
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, | | 2017 | | 2016 | | FPL | | NEER(a) | | Corporate and Other | | NEE Consoli- dated | | FPL | | NEER(a) | | Corporate and Other | | NEE Consoli- dated | | | | | | | | (millions) | | | | | | | Operating revenues | $ | 5,618 |
| | $ | 2,719 |
| | $ | 40 |
| | $ | 8,377 |
| | $ | 5,054 |
| | $ | 2,411 |
| | $ | 186 |
| | $ | 7,651 |
| Operating expenses (income) - net | $ | 3,866 |
| | $ | 1,888 |
| | $ | (1,067 | ) | | $ | 4,687 |
| | $ | 3,512 |
| | $ | 1,600 |
|
| $ | 136 |
| | $ | 5,248 |
| Net income (loss) attributable to NEE | $ | 971 |
| | $ | 777 |
| (b) | $ | 628 |
| | $ | 2,376 |
| | $ | 841 |
| | $ | 458 |
| (b) | $ | (106 | ) | | $ | 1,193 |
|
——————————————— | | (a) | Interest expense allocated from NEECH is based on a deemed capital structure of 70% debt. For this purpose, the deferred credit associated with differential membership interests sold by NEER subsidiaries is included with debt. Residual NEECH corporate interest expense is included in Corporate and Other. |
| | (b) | See Note 4 for a discussion of NEER's tax benefits related to PTCs. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2017 | | December 31, 2016 | | FPL | | NEER | | Corporate and Other | | NEE Consoli- dated | | FPL | | NEER | | Corporate and Other | | NEE Consoli- dated | | | | | | | | (millions) | | | | | | | Total assets | $ | 47,800 |
| | $ | 43,944 |
| | $ | 1,146 |
| | $ | 92,890 |
| | $ | 45,501 |
| | $ | 41,743 |
| | $ | 2,749 |
| | $ | 89,993 |
|
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