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Equity (Tables) | 3 Months Ended
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Mar. 31, 2021
Equity [Abstract] |
Reconciliation of basic and diluted earnings per share of common stock | Earnings Per Share - The reconciliation of NEE's basic and diluted earnings per share attributable to NEE is as follows:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2021 |  | 2020
|  |  |  |  | (millions, except per share amounts)
Numerator - net income attributable to NEE(a) |  |  |  |  | $ | 1,666 |  |  | $ | 421 |
Denominator: |  |  |  |  |  |  |
Weighted-average number of common shares outstanding - basic |  |  |  |  | 1,961.6 |  |  | 1,957.0 |
Equity units, stock options, performance share awards and restricted stock(b) |  |  |  |  | 11.4 |  |  | 10.0 |
Weighted-average number of common shares outstanding - assuming dilution |  |  |  |  | 1,973.0 |  |  | 1,967.0 |
Earnings per share attributable to NEE: |  |  |  |  |  |  |
Basic |  |  |  |  | $ | 0.85 |  |  | $ | 0.21 |
Assuming dilution |  |  |  |  | $ | 0.84 |  |  | $ | 0.21 |
——————————————— (a)The NEP Series A convertible preferred units and the NEP senior unsecured convertible notes issued in 2017 were both antidilutive for the three months ended March 31, 2020. The NEP senior unsecured convertible notes issued in 2020 were not materially dilutive for the three months ended March 31, 2021. (b)Calculated using the treasury stock method. Performance share awards are included in diluted weighted-average number of common shares outstanding based upon what would be issued if the end of the reporting period was the end of the term of the award.
Schedule of Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss) - The components of AOCI, net of tax, are as follows:
| Accumulated Other Comprehensive Income (Loss)
| Net Unrealized Gains (Losses) on Cash Flow Hedges |  | Net Unrealized Gains (Losses) on Available for Sale Securities |  | Defined Benefit Pension and Other Benefits Plans |  | Net Unrealized Gains (Losses) on Foreign Currency Translation |  | Other Comprehensive Income (Loss) Related to Equity Method Investees |  | Total
| (millions)
Three Months Ended March 31, 2021 |
Balances, December 31, 2020 | $ | 8 |  |  | $ | 20 |  |  | $ | (75) |  |  | $ | (49) |  |  | $ | 4 |  |  | $ | (92) |
Other comprehensive income (loss) before reclassifications | — |  |  | (8) |  |  | — |  |  | 6 |  |  | — |  |  | (2) |
Amounts reclassified from AOCI | 2 |  | (a) | (3) |  | (b) | 1 |  | (c) | — |  |  | — |  |  | — |
Net other comprehensive income (loss) | 2 |  |  | (11) |  |  | 1 |  |  | 6 |  |  | — |  |  | (2) |
Less other comprehensive income (loss) attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | (2) |  |  | — |  |  | (2) |
Balances, March 31, 2021 | $ | 10 |  |  | $ | 9 |  |  | $ | (74) |  |  | $ | (45) |  |  | $ | 4 |  |  | $ | (96) |
Attributable to noncontrolling interests | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |  |  | $ | — |  |  | $ | 2 |
Attributable to NEE | $ | 10 |  |  | $ | 9 |  |  | $ | (74) |  |  | $ | (47) |  |  | $ | 4 |  |  | $ | (98) |
——————————————— (a)Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 2 - Income Statement Impact of Derivative Instruments. (b)Reclassified to gains on disposal of investments and other property - net in NEE's condensed consolidated statements of income. (c)Reclassified to other net periodic benefit income in NEE's condensed consolidated statements of income.
| Accumulated Other Comprehensive Income (Loss)
| Net Unrealized Gains (Losses) on Cash Flow Hedges |  | Net Unrealized Gains (Losses) on Available for Sale Securities |  | Defined Benefit Pension and Other Benefits Plans |  | Net Unrealized Gains (Losses) on Foreign Currency Translation |  | Other Comprehensive Income (Loss) Related to Equity Method Investees |  | Total
| (millions)
Three Months Ended March 31, 2020 |
Balances, December 31, 2019 | $ | (27) |  |  | $ | 11 |  |  | $ | (114) |  |  | $ | (42) |  |  | $ | 3 |  |  | $ | (169) |
Other comprehensive income (loss) before reclassifications | — |  |  | (8) |  |  | — |  |  | (35) |  |  | — |  |  | (43) |
Amounts reclassified from AOCI | 2 |  | (a) | (1) |  | (b) | 3 |  | (c) | — |  |  | — |  |  | 4 |
Net other comprehensive income (loss) | 2 |  |  | (9) |  |  | 3 |  |  | (35) |  |  | — |  |  | (39) |
Impact of disposal of a business | 23 |  | (d) | — |  |  | — |  |  | (13) |  | (d) | — |  |  | 10 |
Balances, March 31, 2020 | $ | (2) |  |  | $ | 2 |  |  | $ | (111) |  |  | $ | (90) |  |  | $ | 3 |  |  | $ | (198) |
Attributable to noncontrolling interests | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (6) |  |  | $ | — |  |  | $ | (6) |
Attributable to NEE | $ | (2) |  |  | $ | 2 |  |  | $ | (111) |  |  | $ | (84) |  |  | $ | 3 |  |  | $ | (192) |
——————————————— (a)Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 2 - Income Statement Impact of Derivative Instruments. (b)Reclassified to gains on disposal of investments and other property - net in NEE's condensed consolidated statements of income. (c)Reclassified to other net periodic benefit income in NEE's condensed consolidated statements of income. (d)Reclassified to gains on disposal of businesses/assets - net and interest expense in NEE's condensed consolidated statements of income. See Note 2 - Income Statement Impact of Derivative Instruments. See Note 11 - Disposal of a Business.

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