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Debt | 6 Months Ended
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Jun. 30, 2023
Debt Disclosure [Abstract] |
Debt | Debt Significant long-term debt issuances and borrowings during the six months ended June 30, 2023 were as follows:
| Principal Amount |  | Interest Rate |  | Maturity Date |
| (millions) |  |  |  |  |
FPL: |  |  |  |  |  |  |  |  |  |
First mortgage bonds | $ | 4,500 |  |  | 4.40 | % | – | 5.30 | % |  | 2028 | – | 2053 |
Senior unsecured notes | $ | 500 |  |  | 4.45 | % |  | 2026 |
Senior unsecured notes | $ | 486 |  |  | Variable | (a) | 2073
NEECH: |  |  |  |  |  |  |  |  |  |
Debentures | $ | 4,000 |  |  | 4.90 | % | – | 5.25 | % |  | 2028 | – | 2053 |
NEER: |  |  |  |  |  |  |  |  |  |
NEET - long term debt | $ | 317 |  |  | 4.86 | % |  | 2053
——————————————— (a) Variable rate is based on an underlying index minus a specified margin. 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 -Topic 470 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//470/tableOfContent + Details
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