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Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Segment Reporting [Abstract] |
Segment Information | NEE's segment information is as follows:
| 2022
| FPL |  | NEER(a) |  | Corp. and Other |  | NEE Consolidated
| (millions)
Operating revenues | $ | 17,282 |  |  | $ | 3,720 |  |  | $ | (46) |  |  | $ | 20,956 |
Operating expenses – net | $ | 11,992 |  | (b) | $ | 5,140 |  |  | $ | 265 |  |  | $ | 17,397 |
Gains (losses) on disposal of businesses/assets – net | $ | 4 |  |  | $ | 536 |  |  | $ | (18) |  |  | $ | 522 |
Interest expense | $ | 768 |  |  | $ | 128 |  |  | $ | (311) |  |  | $ | 585 |
Depreciation and amortization | $ | 2,695 |  |  | $ | 1,722 |  |  | $ | 86 |  |  | $ | 4,503 |
Equity in earnings of equity method investees | $ | — |  |  | $ | 202 |  |  | $ | 1 |  |  | $ | 203 |
Income tax expense (benefit) | $ | 947 |  | (c) | $ | (391) |  | (c) | $ | 30 |  |  | $ | 586 |
Net income (loss) | $ | 3,701 |  |  | $ | (616) |  |  | $ | 161 |  |  | $ | 3,246 |
Net loss attributable to noncontrolling interests | $ | — |  |  | $ | 901 |  |  | $ | — |  |  | $ | 901 |
Net income attributable to NEE | $ | 3,701 |  |  | $ | 285 |  |  | $ | 161 |  |  | $ | 4,147 |
Capital expenditures, independent power and other investments and nuclear fuel purchases | $ | 9,185 |  |  | $ | 9,645 |  |  | $ | 453 |  |  | $ | 19,283 |
Property, plant and equipment – net | $ | 64,693 |  |  | $ | 45,840 |  |  | $ | 526 |  |  | $ | 111,059 |
Total assets | $ | 86,559 |  |  | $ | 70,713 |  |  | $ | 1,663 |  |  | $ | 158,935 |
Investment in equity method investees | $ | — |  |  | $ | 6,572 |  |  | $ | 10 |  |  | $ | 6,582 |
_________________________ (a)Interest expense allocated from NEECH to NextEra Energy Resources' subsidiaries 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)FPL's income statement line for total operating expenses – net includes gains (losses) on disposal of businesses/assets – net. (c)Includes PTCs that were recognized based on its tax sharing agreement with NEE. See Note 1 – Income Taxes.
| 2021
| FPL |  | NEER(a) |  | Corp. and Other |  | NEE Consolidated
| (millions)
Operating revenues | $ | 14,102 |  |  | $ | 3,053 |  |  | $ | (86) |  |  | $ | 17,069 |
Operating expenses – net | $ | 9,587 |  | (b) | $ | 4,434 |  |  | $ | 212 |  |  | $ | 14,233 |
Gains (losses) on disposal of businesses/assets – net | $ | 1 |  |  | $ | 78 |  |  | $ | (2) |  |  | $ | 77 |
Interest expense | $ | 615 |  |  | $ | 367 |  |  | $ | 288 |  |  | $ | 1,270 |
Depreciation and amortization | $ | 2,266 |  |  | $ | 1,576 |  |  | $ | 82 |  |  | $ | 3,924 |
Equity in earnings of equity method investees | $ | — |  |  | $ | 666 |  |  | $ | — |  |  | $ | 666 |
Income tax expense (benefit) | $ | 838 |  |  | $ | (395) |  | (c) | $ | (95) |  |  | $ | 348 |
Net income (loss) | $ | 3,206 |  |  | $ | (147) |  |  | $ | (232) |  |  | $ | 2,827 |
Net loss attributable to noncontrolling interests | $ | — |  |  | $ | 746 |  |  | $ | — |  |  | $ | 746 |
Net income (loss) attributable to NEE | $ | 3,206 |  |  | $ | 599 |  |  | $ | (232) |  |  | $ | 3,573 |
Capital expenditures, independent power and other investments and nuclear fuel purchases | $ | 7,570 |  |  | $ | 8,363 |  |  | $ | 144 |  |  | $ | 16,077 |
Property, plant and equipment – net | $ | 58,227 |  |  | $ | 40,900 |  |  | $ | 221 |  |  | $ | 99,348 |
Total assets | $ | 78,067 |  |  | $ | 62,113 |  |  | $ | 732 |  |  | $ | 140,912 |
Investment in equity method investees | $ | — |  |  | $ | 6,150 |  |  | $ | 9 |  |  | $ | 6,159 |
_________________________ (a)Interest expense allocated from NEECH to NextEra Energy Resources' subsidiaries 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)FPL's income statement line for total operating expenses – net includes gains (losses) on disposal of businesses/assets – net. (c)Includes PTCs that were recognized based on its tax sharing agreement with NEE. See Note 1 – Income Taxes.
| 2020
| FPL |  | NEER(a) |  | Corp. and Other |  | NEE Consolidated
| (millions)
Operating revenues | $ | 13,060 |  |  | $ | 5,046 |  |  | $ | (109) |  |  | $ | 17,997 |
Operating expenses – net | $ | 8,940 |  |  | $ | 4,125 |  |  | $ | 169 |  |  | $ | 13,234 |
Gains (losses) on disposal of businesses/assets – net | $ | — |  |  | $ | 363 |  |  | $ | (10) |  |  | $ | 353 |
Interest expense | $ | 641 |  |  | $ | 659 |  |  | $ | 650 |  |  | $ | 1,950 |
Depreciation and amortization | $ | 2,526 |  |  | $ | 1,460 |  |  | $ | 66 |  |  | $ | 4,052 |
Equity in losses of equity method investees | $ | — |  |  | $ | (1,351) |  |  | $ | — |  |  | $ | (1,351) |
Income tax expense (benefit) | $ | 678 |  |  | $ | (416) |  | (b) | $ | (218) |  |  | $ | 44 |
Net income (loss) | $ | 2,890 |  |  | $ | (19) |  |  | $ | (502) |  |  | $ | 2,369 |
Net loss attributable to noncontrolling interests | $ | — |  |  | $ | 550 |  |  | $ | — |  |  | $ | 550 |
Net income (loss) attributable to NEE | $ | 2,890 |  |  | $ | 531 |  |  | $ | (502) |  |  | $ | 2,919 |
Capital expenditures, independent power and other investments and nuclear fuel purchases | $ | 7,679 |  |  | $ | 6,893 |  |  | $ | 38 |  |  | $ | 14,610 |
Property, plant and equipment – net | $ | 53,879 |  |  | $ | 37,842 |  |  | $ | 82 |  |  | $ | 91,803 |
Total assets | $ | 71,001 |  |  | $ | 55,633 |  |  | $ | 1,050 |  |  | $ | 127,684 |
Investment in equity method investees | $ | — |  |  | $ | 5,713 |  |  | $ | 15 |  |  | $ | 5,728 |
_________________________ (a)Interest expense allocated from NEECH to NextEra Energy Resources' subsidiaries 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)Includes PTCs that were recognized based on its tax sharing agreement with NEE. See Note 1 – Income Taxes.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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