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Debt | 3 Months Ended
--- | ---
Mar. 31, 2023
Debt Disclosure [Abstract] |
Debt | Debt Significant long-term debt issuances and borrowings during the three months ended March 31, 2023 were as follows:
| Principal Amount |  | Interest Rate |  | Maturity Date |
| (millions) |  |  |  |  |
FPL: |  |  |  |  |  |  |  |  |  |
First mortgage bonds | $ | 2,500 |  |  | 5.05 | % | – | 5.30 | % |  | 2028 | – | 2053 |
NEECH: |  |  |  |  |  |  |  |  |  |
Debentures | $ | 4,000 |  |  | 4.90 | % | – | 5.25 | % |  | 2028 | – | 2053 |
In March 2023, NEECH completed a remarketing of $2.5 billion aggregate principal amount of its Series K Debentures due March 1, 2025 that were issued in February 2020 as components of equity units issued concurrently by NEE (February 2020 equity units). The debentures are fully and unconditionally guaranteed by NEE. In connection with the remarketing of the debentures, the interest rate on the debentures was reset to 6.051% per year, and interest is payable on March 1 and September 1 of each year, commencing September 1, 2023. In connection with the settlement of the contracts to purchase NEE common stock that were issued as components of the February 2020 equity units, on March 1, 2023, NEE issued 33,380,000 shares of common stock in exchange for $2.5 billion.

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI https://asc.fasb.org/topic&trid=2208564 + Details
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