XML 38 R19.htm IDEA: XBRL DOCUMENT
v3.23.1

Equity | 3 Months Ended
--- | ---
Mar. 31, 2023
Equity [Abstract] |
Equity | Equity Earnings (Loss) Per Share – The reconciliation of NEE's basic and diluted earnings (loss) per share attributable to NEE is as follows:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2023 |  | 2022
|  |  |  |  | (millions, except per share amounts)
Numerator – net income (loss) attributable to NEE |  |  |  |  | $ | 2,086 |  |  | $ | (451) |
Denominator: |  |  |  |  |  |  |
Weighted-average number of common shares outstanding – basic |  |  |  |  | 1,999.9 |  |  | 1,964.7 |
Equity units, stock options, performance share awards and restricted stock(a) |  |  |  |  | 5.2 |  |  | 8.9 |
Weighted-average number of common shares outstanding – assuming dilution |  |  |  |  | 2,005.1 |  |  | 1,973.6 |
Earnings (loss) per share attributable to NEE: |  |  |  |  |  |  |
Basic |  |  |  |  | $ | 1.04 |  |  | $ | (0.23) |
Assuming dilution |  |  |  |  | $ | 1.04 |  |  | $ | (0.23) |
——————————————— (a)Calculated using the treasury stock method. Performance share awards are included in diluted weighted-average number of common shares outstanding based upon what would be issued if the end of the reporting period was the end of the term of the award. Common shares issuable pursuant to equity units, stock options and/or performance share awards, as well as restricted stock which were not included in the denominator above due to their antidilutive effect were approximately 51.1 million and 58.5 million for the three months ended March 31, 2023 and 2022, respectively. Accumulated Other Comprehensive Income (Loss) – The components of AOCI, net of tax, are as follows:
| Accumulated Other Comprehensive Income (Loss) |
| Net Unrealized Gains (Losses) on Cash Flow Hedges |  | Net Unrealized Gains (Losses) on Available for Sale Securities |  | Defined Benefit Pension and Other Benefits Plans |  | Net Unrealized Gains (Losses) on Foreign Currency Translation |  | Other Comprehensive Income Related to Equity Method Investees |  | Total |
| (millions) |
Three months ended March 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |
Balances, December 31, 2022 | $ | 20 |  |  | $ | (69) |  |  | $ | (101) |  |  | $ | (74) |  |  | $ | 6 |  |  | $ | (218) |  |
Other comprehensive income before reclassifications | — |  |  | 9 |  |  | — |  |  | 3 |  |  | — |  |  | 12 |  |
Amounts reclassified from AOCI | 1 |  | (a) | 5 |  | (b) | 1 |  |  | — |  |  | — |  |  | 7 |  |
Net other comprehensive income | 1 |  |  | 14 |  |  | 1 |  |  | 3 |  |  | — |  |  | 19 |  |
Less other comprehensive income attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | (1) |  |  | — |  |  | (1) |  |
Balances, March 31, 2023 | $ | 21 |  |  | $ | (55) |  |  | $ | (100) |  |  | $ | (72) |  |  | $ | 6 |  |  | $ | (200) |  |
Attributable to noncontrolling interests | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (13) |  |  | $ | — |  |  | $ | (13) |  |
——————————————— (a)Reclassified to interest expense in NEE's condensed consolidated statements of income (loss). See Note 2 – Income Statement Impact of Derivative Instruments. (b)Reclassified to gains (losses) on disposal of investments and other property – net in NEE's condensed consolidated statements of income.
| Accumulated Other Comprehensive Income (Loss)
| Net Unrealized Gains (Losses) on Cash Flow Hedges |  | Net Unrealized Gains (Losses) on Available for Sale Securities |  | Defined Benefit Pension and Other Benefits Plans |  | Net Unrealized Gains (Losses) on Foreign Currency Translation |  | Other Comprehensive Income Related to Equity Method Investees |  | Total
| (millions)
Three Months Ended March 31, 2022 |
Balances, December 31, 2021 | $ | 14 |  |  | $ | 5 |  |  | $ | 25 |  |  | $ | (49) |  |  | $ | 5 |  |  | $ | — |
Other comprehensive income (loss) before reclassifications | — |  |  | (30) |  |  | — |  |  | 12 |  |  | — |  |  | (18) |
Amounts reclassified from AOCI | 4 |  | (a) | — |  |  | — |  |  | — |  |  | — |  |  | 4 |
Net other comprehensive income (loss) | 4 |  |  | (30) |  |  | — |  |  | 12 |  |  | — |  |  | (14) |
Less other comprehensive income attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | (6) |  |  | — |  |  | (6) |
Balances, March 31, 2022 | $ | 18 |  |  | $ | (25) |  |  | $ | 25 |  |  | $ | (43) |  |  | $ | 5 |  |  | $ | (20) |
Attributable to noncontrolling interests | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 12 |  |  | $ | — |  |  | $ | 12 |
——————————————— (a)Reclassified to interest expense in NEE's condensed consolidated statements of income (loss). See Note 2 – Income Statement Impact

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI https://asc.fasb.org/topic&trid=2208762 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (g) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 16 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496180-112644 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (i) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 40 -Section 50 -Paragraph 6 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126731327&loc=SL126733271-114008 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration