XML 58 R23.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Segment Information | 12 Months Ended
--- | ---
Dec. 31, 2017
Segment Reporting [Abstract] |
Segment Information | Segment Information NEE's reportable segments are FPL, a rate-regulated electric utility, and NEER, a competitive energy business. Corporate and Other represents other business activities and includes eliminating entries. NEE's operating revenues derived from the sale of electricity represented approximately 93%, 90% and 92% of NEE's operating revenues for the years ended December 31, 2017, 2016 and 2015, respectively. Approximately 2% of operating revenues were from foreign sources for each of the years ended December 31, 2017, 2016 and 2015. At each of December 31, 2017 and 2016, approximately 3% of long-lived assets were located in foreign countries. NEE's segment information is as follows:
| 2017 |  | 2016 |  | 2015
| FPL |  | NEER(a) |  | Corp. and Other |  | NEE Consoli- dated |  | FPL |  | NEER(a) |  | Corp. and Other |  | NEE Consoli- dated |  | FPL |  | NEER(a) |  | Corp. and Other |  | NEE Consoli- dated
|  |  |  |  |  |  |  |  | (millions) |  |  |  |  |  |  |  |
Operating revenues | $ | 11,972 |  |  | $ | 5,186 |  |  | $ | 37 |  |  | $ | 17,195 |  |  | $ | 10,895 |  |  | $ | 4,893 |  |  | $ | 367 |  |  | $ | 16,155 |  |  | $ | 11,651 |  |  | $ | 5,444 |  |  | $ | 391 |  |  | $ | 17,486 |
Operating expenses - net | $ | 8,581 |  |  | $ | 4,318 |  |  | $ | (1,030 | ) |  | $ | 11,869 |  |  | $ | 7,737 |  |  | $ | 3,419 |  |  | $ | 391 |  |  | $ | 11,547 |  |  | $ | 8,674 |  |  | $ | 3,865 |  |  | $ | 315 |  |  | $ | 12,854 |
Interest expense | $ | 482 |  |  | $ | 801 |  |  | $ | 275 |  |  | $ | 1,558 |  |  | $ | 456 |  |  | $ | 732 |  |  | $ | (95 | ) |  | $ | 1,093 |  |  | $ | 445 |  |  | $ | 625 |  |  | $ | 141 |  |  | $ | 1,211 |
Interest income | $ | 2 |  |  | $ | 72 |  |  | $ | 7 |  |  | $ | 81 |  |  | $ | 2 |  |  | $ | 34 |  |  | $ | 46 |  |  | $ | 82 |  |  | $ | 7 |  |  | $ | 28 |  |  | $ | 51 |  |  | $ | 86 |
Depreciation and amortization | $ | 933 |  |  | $ | 1,398 |  |  | $ | 26 |  |  | $ | 2,357 |  |  | $ | 1,651 |  |  | $ | 1,366 |  |  | $ | 60 |  |  | $ | 3,077 |  |  | $ | 1,576 |  |  | $ | 1,183 |  |  | $ | 72 |  |  | $ | 2,831 |
Equity in earnings of equity method investees | $ | — |  |  | $ | 136 |  |  | $ | 5 |  |  | $ | 141 |  |  | $ | — |  |  | $ | 119 |  |  | $ | 29 |  |  | $ | 148 |  |  | $ | — |  |  | $ | 103 |  |  | $ | 4 |  |  | $ | 107 |
Income tax expense (benefit)(b) | $ | 1,106 |  |  | $ | (2,025 | ) |  | $ | 266 |  |  | $ | (653 | ) |  | $ | 1,051 |  |  | $ | 242 |  |  | $ | 90 |  |  | $ | 1,383 |  |  | $ | 957 |  |  | $ | 289 |  |  | $ | (18 | ) |  | $ | 1,228 |
Net income | $ | 1,880 |  |  | $ | 2,905 |  |  | $ | 535 |  |  | $ | 5,320 |  |  | $ | 1,727 |  |  | $ | 1,218 |  |  | $ | 60 |  |  | $ | 3,005 |  |  | $ | 1,648 |  |  | $ | 1,102 |  |  | $ | 12 |  |  | $ | 2,762 |
Net income attributable to NEE | $ | 1,880 |  |  | $ | 2,963 |  |  | $ | 535 |  |  | $ | 5,378 |  |  | $ | 1,727 |  |  | $ | 1,125 |  |  | $ | 60 |  |  | $ | 2,912 |  |  | $ | 1,648 |  |  | $ | 1,092 |  |  | $ | 12 |  |  | $ | 2,752 |
Capital expenditures, independent power and other investments and nuclear fuel purchases | $ | 5,291 |  |  | $ | 5,375 |  |  | $ | 74 |  |  | $ | 10,740 |  |  | $ | 3,934 |  |  | $ | 5,521 |  |  | $ | 181 |  |  | $ | 9,636 |  |  | $ | 3,633 |  |  | $ | 4,661 |  |  | $ | 83 |  |  | $ | 8,377 |
Property, plant and equipment | $ | 51,982 |  |  | $ | 40,767 |  |  | $ | 1,034 |  |  | $ | 93,783 |  |  | $ | 48,313 |  |  | $ | 37,644 |  |  | $ | 1,056 |  |  | $ | 87,013 |  |  | $ | 45,383 |  |  | $ | 33,340 |  |  | $ | 1,607 |  |  | $ | 80,330 |
Accumulated depreciation and amortization | $ | 12,802 |  |  | $ | 8,452 |  |  | $ | 113 |  |  | $ | 21,367 |  |  | $ | 12,304 |  |  | $ | 7,655 |  |  | $ | 142 |  |  | $ | 20,101 |  |  | $ | 11,862 |  |  | $ | 6,640 |  |  | $ | 442 |  |  | $ | 18,944 |
Total assets | $ | 50,244 |  |  | $ | 45,549 |  |  | $ | 2,034 |  |  | $ | 97,827 |  |  | $ | 45,501 |  |  | $ | 41,743 |  |  | $ | 2,749 |  |  | $ | 89,993 |  |  | $ | 42,523 |  |  | $ | 37,647 |  |  | $ | 2,309 |  |  | $ | 82,479 |
Investment in equity method investees | $ | — |  |  | $ | 2,153 |  |  | $ | 168 |  |  | $ | 2,321 |  |  | $ | — |  |  | $ | 1,661 |  |  | $ | 106 |  |  | $ | 1,767 |  |  | $ | — |  |  | $ | 983 |  |  | $ | 80 |  |  | $ | 1,063 |
_________________________
(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) | NEER includes PTCs that were recognized based on its tax sharing agreement with NEE. See Note 1 - Income Taxes.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration