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Segment Information | 9 Months Ended
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Sep. 30, 2020
Segment Reporting [Abstract] |
Segment Information | Segment Information The table below presents information for NEE's reportable segments, FPL, a rate-regulated utility business, and NEER, which is comprised of competitive energy and rate-regulated transmission businesses, as well as for Gulf Power, a rate-regulated utility business acquired in January 2019 (see Note 7 - Gulf Power). Corporate and Other represents other business activities and includes eliminating entries. During the fourth quarter of 2019, NEET, which was previously reported in Corporate and Other, was moved to the NEER segment. Prior year amounts for NEER and Corporate and Other were adjusted to reflect this segment change.
| Three Months Ended September 30,
| 2020 |  | 2019
| FPL |  | Gulf Power |  | NEER(a) |  | Corporate and Other |  | NEE Consoli- dated |  | FPL |  | Gulf Power |  | NEER(a) |  | Corporate and Other |  | NEE Consoli- dated
|  |  |  |  |  |  |  |  | (millions) |  |  |  |  |  |  |  |
Operating revenues | $ | 3,455 |  |  | $ | 404 |  |  | $ | 953 |  |  | $ | (27 | ) |  | $ | 4,785 |  |  | $ | 3,491 |  |  | $ | 440 |  |  | $ | 1,675 |  |  | $ | (34 | ) |  | $ | 5,572 |
Operating expenses - net | $ | 2,395 |  |  | $ | 289 |  |  | $ | 1,026 |  |  | $ | 67 |  |  | $ | 3,777 |  |  | $ | 2,518 |  |  | $ | 332 |  |  | $ | 1,117 |  |  | $ | 12 |  |  | $ | 3,979 |
Net income (loss) attributable to NEE | $ | 757 |  |  | $ | 91 |  |  | $ | 376 |  | (b) | $ | 5 |  |  | $ | 1,229 |  |  | $ | 683 |  |  | $ | 76 |  |  | $ | 381 |  | (b) | $ | (261 | ) |  | $ | 879 |
| Nine Months Ended September 30,
| 2020 |  | 2019
| FPL |  | Gulf Power |  | NEER(a) |  | Corporate and Other |  | NEE Consoli- dated |  | FPL |  | Gulf Power |  | NEER(a) |  | Corporate and Other |  | NEE Consoli- dated
|  |  |  |  |  |  |  |  | (millions) |  |  |  |  |  |  |  |
Operating revenues | $ | 8,820 |  |  | $ | 1,065 |  |  | $ | 3,802 |  |  | $ | (85 | ) |  | $ | 13,602 |  |  | $ | 9,267 |  |  | $ | 1,134 |  |  | $ | 4,301 |  |  | $ | (86 | ) |  | $ | 14,616 |
Operating expenses - net | $ | 5,779 |  |  | $ | 817 |  |  | $ | 2,706 |  |  | $ | 124 |  |  | $ | 9,426 |  |  | $ | 6,582 |  |  | $ | 901 |  |  | $ | 2,579 |  |  | $ | 78 |  |  | $ | 10,140 |
Net income (loss) attributable to NEE | $ | 2,148 |  |  | $ | 185 |  |  | $ | 1,175 |  | (b) | $ | (584 | ) |  | $ | 2,924 |  |  | $ | 1,934 |  |  | $ | 158 |  |  | $ | 1,374 |  | (b) | $ | (672 | ) |  | $ | 2,794 |
———————————————
(a) | Interest expense allocated from NEECH is based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resources' subsidiaries. Residual NEECH corporate interest expense is included in Corporate and Other.
(b) | See Note 6 for a discussion of NEER's tax benefits related to PTCs.
| September 30, 2020 |  | December 31, 2019
| FPL |  | Gulf Power |  | NEER |  | Corporate and Other |  | NEE Consoli- dated |  | FPL |  | Gulf Power |  | NEER |  | Corporate and Other |  | NEE Consoli- dated
|  |  |  |  |  |  |  |  | (millions) |  |  |  |  |  |  |  |
Total assets | $ | 60,503 |  |  | $ | 6,679 |  |  | $ | 54,961 |  |  | $ | 4,239 |  |  | $ | 126,382 |  |  | $ | 57,188 |  |  | $ | 5,855 |  |  | $ | 51,516 |  |  | $ | 3,132 |  |  | $ | 117,691 |

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- 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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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