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Debt (Tables) | 12 Months Ended
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Dec. 31, 2022
Debt Disclosure [Abstract] |
Debt Issuances and Borrowings by Subsidiaries | Long-term debt consists of the following:
| December 31,
| 2022 |  | 2021
| Maturity Date |  | Balance |  | Weighted- Average Interest Rate |  | Balance |  | Weighted- Average Interest Rate
|  |  | (millions) |  |  |  | (millions) |  |
FPL: |  |  |  |  |  |  |  |  |
First mortgage bonds – fixed | 2023-2051 |  | $ | 15,790 |  |  | 4.03 | % |  | $ | 14,290 |  |  | 4.20 | %
Pollution control, solid waste disposal and industrial development revenue bonds – primarily variable(a) | 2023-2052 |  | 1,366 |  |  | 3.20 | % |  | 1,407 |  |  | 0.15 | %
Senior unsecured notes – primarily variable(b)(c) | 2023-2072 |  | 4,042 |  |  | 3.99 | % |  | 2,697 |  |  | 1.37 | %
Other long-term debt – primarily variable(c) | 2046 |  | 7 |  |  | 7.90 | % |  | 307 |  |  | 0.82 | %
Unamortized debt issuance costs and discount |  |  | (203) |  |  |  |  | (191) |  |  |
Total long-term debt of FPL |  |  | 21,002 |  |  |  |  | 18,510 |  |  |
Less current portion of long-term debt |  |  | 1,547 |  |  |  |  | 536 |  |  |
Long-term debt of FPL, excluding current portion |  |  | 19,455 |  |  |  |  | 17,974 |  |  |
NEER: |  |  |  |  |  |  |  |  |
NextEra Energy Resources: |  |  |  |  |  |  |  |  |
Senior secured limited-recourse long-term debt – variable(c)(d) | 2024-2037 |  | 3,582 |  |  | 6.24 | % |  | 3,100 |  |  | 1.74 | %
Senior secured limited-recourse long-term loans – fixed | 2028-2052 |  | 2,452 |  |  | 3.43 | % |  | 2,475 |  |  | 3.30 | %
Other long-term debt – primarily variable(c)(d) | 2026-2048 |  | 777 |  |  | 6.33 | % |  | 785 |  |  | 2.50 | %
NEET – long-term debt – primarily fixed(d) | 2023-2052 |  | 2,348 |  |  | 5.10 | % |  | 1,151 |  |  | 2.69 | %
Unamortized debt issuance costs and premium |  |  | (108) |  |  |  |  | (92) |  |  |
Total long-term debt of NEER |  |  | 9,051 |  |  |  |  | 7,419 |  |  |
Less current portion of long-term debt |  |  | 694 |  |  |  |  | 664 |  |  |
Long-term debt of NEER, excluding current portion |  |  | 8,357 |  |  |  |  | 6,755 |  |  |
NEECH: |  |  |  |  |  |  |  |  |
Debentures – fixed | 2023-2062 |  | 17,865 |  |  | 2.99 | % |  | 10,990 |  |  | 2.21 | %
Debentures – variable(c) | 2023-2024 |  | 2,200 |  |  | 4.14 | % |  | 3,850 |  |  | 0.56 | %
Debentures, related to NEE's equity units – fixed | 2025-2027 |  | 6,500 |  |  | 2.28 | % |  | 6,000 |  |  | 1.46 | %
Junior subordinated debentures – primarily fixed(d) | 2057-2082 |  | 3,723 |  |  | 5.23 | % |  | 3,723 |  |  | 4.54 | %
Japanese yen denominated long-term debt – primarily variable(c)(d)(e) | 2023-2030 |  | 506 |  |  | 0.73 | % |  | 582 |  |  | 1.49 | %
Australian dollar denominated long-term debt – fixed(e) | 2026 |  | 338 |  |  | 2.20 | % |  | 360 |  |  | 2.20 | %
Other long-term debt – fixed | 2023 |  | 164 |  |  | 0.92 | % |  | 186 |  |  | 0.92 | %
Other long-term debt – variable(c) | 2024 |  | 675 |  |  | 5.02 | % |  | 1,245 |  |  | 0.64 | %
Unamortized debt issuance costs, premium |  |  | (135) |  |  |  |  | (120) |  |  |
Total long-term debt of NEECH |  |  | 31,836 |  |  |  |  | 26,816 |  |  |
Less current portion of long-term debt |  |  | 4,392 |  |  |  |  | 585 |  |  |
Long-term debt of NEECH, excluding current portion |  |  | 27,444 |  |  |  |  | 26,231 |  |  |
Total long-term debt |  |  | $ | 55,256 |  |  |  |  | $ | 50,960 |  |  |
______________________ (a)Includes variable rate tax exempt bonds that permit individual bondholders to tender the bonds for purchase at any time prior to maturity. In the event these variable rate tax exempt bonds are tendered for purchase, they would be remarketed by a designated remarketing agent in accordance with the related indenture. If the remarketing is unsuccessful, FPL would be required to purchase these variable rate tax exempt bonds. At December 31, 2022, these variable rate tax exempt bonds totaled approximately $1,334 million. All variable rate tax exempt bonds tendered for purchase have been successfully remarketed. FPL's syndicated revolving credit facilities are available to support the purchase of the variable rate tax exempt bonds. Variable interest rate is established at various intervals by the remarketing agent. (b)At December 31, 2022, includes approximately $1,327 million of floating rate notes that permit individual noteholders to require repayment at specified dates prior to maturity. FPL’s syndicated revolving credit facilities are available to support the purchase of the floating rate notes. (c)Variable rate is based on an underlying index plus a specified margin. (d)Interest rate contracts, primarily swaps, have been entered into with respect to certain of these debt issuances. See Note 3. (e)Foreign currency contracts have been entered into with respect to these debt issuances. See Note 3.

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