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Property, Plant and Equipment (Tables) | 12 Months Ended
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Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment | Property, plant and equipment consists of the following at December 31:
|  | NEE |  | FPL
|  | 2024 |  | 2023 |  | 2024 |  | 2023
|  | (millions)
Electric plant in service and other property |  | $ | 151,677 |  |  | $ | 139,049 |  |  | $ | 87,596 |  |  | $ | 79,801 |
Nuclear fuel |  | 1,676 |  |  | 1,564 |  |  | 1,140 |  |  | 1,125 |
Construction work in progress |  | 21,658 |  |  | 18,652 |  |  | 7,214 |  |  | 8,311 |
Property, plant and equipment, gross |  | 175,011 |  |  | 159,265 |  |  | 95,950 |  |  | 89,237 |
Accumulated depreciation and amortization |  | (36,159) |  |  | (33,489) |  |  | (19,784) |  |  | (18,629) |
Property, plant and equipment – net |  | $ | 138,852 |  |  | $ | 125,776 |  |  | $ | 76,166 |  |  | $ | 70,608 |
Proportionate Ownership Interest In Jointly-Owned Facilities | NEE's and FPL's proportionate ownership interest in jointly-owned facilities is as follows:
| December 31, 2024
| Approximate Ownership Interest |  | Gross Investment(a) |  | Accumulated Depreciation(a) |  | Construction Work in Progress
|  |  | (millions)
FPL: |  |  |  |  |  |  |
St. Lucie Unit No. 2 | 85 | % |  | $ | 2,348 |  |  | $ | 1,004 |  |  | $ | 165 |
Scherer Unit No. 3 | 25 | % |  | $ | 413 |  |  | $ | 194 |  |  | $ | 1 |
NEER: |  |  |  |  |  |  |
Seabrook | 88 | % |  | $ | 1,434 |  |  | $ | 556 |  |  | $ | 111 |
Wyman Station Unit No. 4 | 91 | % |  | $ | 36 |  |  | $ | 15 |  |  | $ | — |
Stanton | 65 | % |  | $ | 143 |  |  | $ | 37 |  |  | $ | 2 |
Transmission substation assets located in Seabrook, New Hampshire | 88 | % |  | $ | 168 |  |  | $ | 27 |  |  | $ | 1 |
______________________ (a)Excludes nuclear fuel.

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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- Definition Tabular disclosure of proportionate interests in jointly owned utility plants. Includes the amount of plants in service, the accumulated provision for depreciation (if available), the amount of plants under construction, and the proportionate share. The amounts presented may be further subdivided to show amounts applicable to plant subcategories (for example, production, transmission, distribution). Includes statements that the amounts represent the utility's share in each joint plant and that it must provide its own financing. Information concerning two or more generating plants on the same site may be combined. States that the utility's share of direct expenses of the joint plants is included in the corresponding operating expenses on its income statement (for example, fuel, maintenance of plant, other operating expense). If the share of direct expenses is charged to purchased power, then disclose the amount so charged and the proportionate amounts charged to specific operating expenses on the records maintained for the joint plants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 980 -SubTopic 360 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 10.C) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479070/980-360-S99-1 + Details
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