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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 2,827 $ 2,369 $ 3,388
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 3,924 4,052 4,216
Nuclear fuel and other amortization 290 263 262
Unrealized losses (gains) on marked to market derivative contracts – net 2,005 533 (108)
Foreign currency transaction losses (gains) (94) 45 17
Deferred income taxes 436 (78) 258
Cost recovery clauses and franchise fees (599) (121) 155
Equity in losses (earnings) of equity method investees (666) 1,351 (66)
Distributions of earnings from equity method investees 526 456 438
Gains on disposal of businesses, assets and investments – net (146) (403) (461)
Recoverable storm-related costs (138) (69) (180)
Other – net (326) 189 (141)
Changes in operating assets and liabilities:      
Current assets (1,267) (364) 123
Noncurrent assets (324) (234) (93)
Current liabilities 1,053 (6) 116
Noncurrent liabilities 52 0 231
Net cash provided by operating activities 7,553 7,983 8,155
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures of FPL Segment (6,626) (6,477) (5,560)
Acquisition and capital expenditures of Gulf Power (782) (1,012) (5,165)
Independent power and other investments of NEER (8,247) (6,851) (6,385)
Nuclear fuel purchases (275) (245) (315)
Other capital expenditures (147) (25) (37)
Sale of independent power and other investments of NEER 2,761 1,012 1,316
Proceeds from sale or maturity of securities in special use funds and other investments 4,995 3,916 4,008
Purchases of securities in special use funds and other investments (5,310) (4,100) (4,160)
Other – net 40 83 121
Net cash used in investing activities (13,591) (13,699) (16,177)
CASH FLOWS FROM FINANCING ACTIVITIES      
Issuances of long-term debt, including premiums and discounts 16,683 12,404 13,905
Retirements of long-term debt (9,594) (6,103) (5,492)
Proceeds from differential membership investors 2,779 3,522 1,604
Net change in commercial paper (169) (965) (234)
Proceeds from other short-term debt 0 2,158 200
Repayments of other short-term debt (257) (2,100) (4,765)
Payments from (to) related parties under a cash sweep and credit support agreement – net 47 (2) (54)
Issuances of common stock/equity units – net 14   1,494
Payments of Stock Issuance Costs   (92)  
Proceeds from sale of noncontrolling interests 65 501 99
Dividends on common stock (3,024) (2,743) (2,408)
Other – net (737) (406) (476)
Net cash provided by financing activities 5,807 6,174 3,873
Effects of currency translation on cash, cash equivalents and restricted cash 1 (20) 4
Net increase (decrease) in cash, cash equivalents and restricted cash (230) 438 (4,145)
Cash, cash equivalents and restricted cash at beginning of year 1,546 1,108 5,253
Cash, cash equivalents and restricted cash at end of year 1,316 1,546 1,108
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Cash paid for interest (net of amount capitalized) 1,323 1,432 1,799
Cash paid (received) for income taxes – net (69) 235 184
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES      
Accrued property additions 4,995 4,445 3,573
Increase in property, plant and equipment related to an acquisition 0 68 0
Decrease in joint venture investments related to an acquisition 0 145 0
FPL [Member]      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) [1] 3,206 2,890 [2] 2,519 [2]
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 2,266 2,526 [3] 2,771 [3]
Nuclear fuel and other amortization 174 167 [3] 178 [3]
Deferred income taxes 752 629 [3] 45 [3]
Cost recovery clauses and franchise fees (599) (121) [3] 155 [3]
Recoverable storm-related costs (138) (69) [3] (180) [3]
Other – net (157) 35 [3] (5) [3]
Changes in operating assets and liabilities:      
Current assets (49) (164) [3] (42) [3]
Noncurrent assets (114) (77) [3] 22 [3]
Current liabilities 20 31 [3] 50 [3]
Noncurrent liabilities (3) (31) [3] (12) [3]
Net cash provided by operating activities 5,358 5,816 [3] 5,501 [3]
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (7,411) (7,476) [3] (6,290) [3]
Nuclear fuel purchases (159) (203) [3] (195) [3]
Proceeds from sale or maturity of securities in special use funds and other investments 3,308 2,488 [3] 2,729 [3]
Purchases of securities in special use funds and other investments (3,394) (2,567) [3] (2,854) [3]
Other – net 15 65 [3] 10 [3]
Net cash used in investing activities (7,641) (7,693) [3] (6,600) [3]
CASH FLOWS FROM FINANCING ACTIVITIES      
Issuances of long-term debt, including premiums and discounts 2,588 3,003 [3] 2,998 [3]
Retirements of long-term debt (1,304) (1,603) [3] (200) [3]
Net change in commercial paper (169) (123) [3] 418 [3]
Proceeds from other short-term debt 0 0 [3] 200 [3]
Capital contributions from NEE 1,700 2,750 [3] 359 [3]
Dividends on common stock (540) (2,210) [3] (2,620) [3]
Other – net (44) (44) [3] (46) [3]
Net cash provided by financing activities 2,231 1,773 [3] 1,109 [3]
Net increase (decrease) in cash, cash equivalents and restricted cash (52) (104) [3] 10 [3]
Cash, cash equivalents and restricted cash at beginning of year [3] 160 264 254
Cash, cash equivalents and restricted cash at end of year 108 160 [3] 264 [3]
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Cash paid for interest (net of amount capitalized) 586 620 [3] 614 [3]
Cash paid (received) for income taxes – net (1) 105 [3] 584 [3]
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES      
Accrued property additions 1,107 698 [3] 914 [3]
NEE's noncash contribution of a consolidated subsidiary – net $ 0 $ 0 [3] $ 4,436 [3]
[1] FPL's comprehensive income is the same as reported net income.
[2] Amounts have been retrospectively adjusted to reflect the merger of FPL and Gulf Power Company, see Note 6 – Merger of FPL and Gulf Power Company.
[3] Amounts have been retrospectively adjusted to reflect the merger of FPL and Gulf Power Company, see Note 6 – Merger of FPL and Gulf Power Company.