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v3.22.2.2

Income Taxes (Tables) | 9 Months Ended
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Sep. 30, 2022
Income Tax Disclosure [Abstract] |
Reconciliation Between the Effective Income Tax Rates and the Applicable Statutory Rate | A reconciliation between the effective income tax rates and the applicable statutory rate is as follows:
| NEE |  | FPL |  | NEE |  | FPL |  |  |  |
| Three Months Ended September 30, |  | Three Months Ended September 30, |  | Nine Months Ended September 30, |  | Nine Months Ended September 30, |  |  |  |
| 2022 |  | 2021 |  | 2022 |  | 2021 |  | 2022 |  | 2021 |  | 2022 |  | 2021 |  |  |  |  |  |  |  |
Statutory federal income tax rate | 21.0 | % |  | 21.0 | % |  | 21.0 | % |  | 21.0 | % |  | 21.0 | % |  | 21.0 | % |  | 21.0 | % |  | 21.0 | % |  |  |  |  |  |  |  |
Increases (reductions) resulting from: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
State income taxes – net of federal income tax benefit | 1.7 |  |  | 5.4 |  |  | 4.5 |  |  | 2.9 |  |  | 1.3 |  |  | 1.0 |  |  | 4.4 |  |  | 3.7 |  |  |  |  |  |  |  |  |
Taxes attributable to noncontrolling interests | 2.6 |  |  | 15.6 |  |  | — |  |  | — |  |  | 6.8 |  |  | 6.9 |  |  | — |  |  | — |  |  |  |  |  |  |  |  |
PTCs and ITCs | (4.7) |  |  | (38.9) |  |  | (1.9) |  |  | (0.7) |  |  | (9.4) |  |  | (16.4) |  |  | (1.1) |  |  | (0.7) |  |  |  |  |  |  |  |  |
Amortization of deferred regulatory credit | (2.9) |  |  | (14.1) |  |  | (4.1) |  |  | (3.5) |  |  | (6.7) |  |  | (6.2) |  |  | (4.0) |  |  | (3.5) |  |  |  |  |  |  |  |  |
Other – net | (0.5) |  |  | 1.3 |  |  | 0.1 |  |  | 0.2 |  |  | (1.5) |  |  | (2.0) |  |  | 0.1 |  |  | — |  |  |  |  |  |  |  |  |
Effective income tax rate | 17.2 | % |  | (9.7) | % |  | 19.6 | % |  | 19.9 | % |  | 11.5 | % |  | 4.3 | % |  | 20.4 | % |  | 20.5 | % |  |  |  |  |  |  |  |

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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
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