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Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

Net income attributable to NEE and significant expenses for NEE's reportable segments and the FPL reportable segment are shown below.

			December 31, 2024
			FPL						NEER						Total
			(millions)
Operating revenues			$	17,019					$	7,542					$	24,561
Corporate and Other															192
Total consolidated revenues															$	24,753
Less:
Fuel, purchased power and interchange			4,188						914
Other operations and maintenance			1,609						2,776
Depreciation and amortization			2,827						2,577
Taxes other than income taxes and other – net			1,904						371
Interest expense			1,178						1,114			(a)
Income tax expense (benefit)(b)			970						(655)
Other segment items(c)			200						1,854
Net income attributable to NEE for reportable segments			4,543						2,299						6,842
Reconciliation of segment profit/(loss)
Corporate and Other															104
Net income attributable to NEE			$	4,543					$	2,299					$	6,946

_________________________

(a)Interest expense allocated from NEECH to NextEra Energy Resources 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 amounts that were recognized based on the tax sharing agreement with NEE. See Note 1 – Income Taxes.

(c)Other segment items for each reportable segment include:

FPL – Gains on disposal of businesses/assets – net, allowance for equity funds used during construction and other – net

NEER – Gains on disposal of businesses/assets – net, equity in losses of equity method investees, allowance for equity funds used during construction, gains on disposal of investments and other property – net, change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net, other – net and net loss attributable to noncontrolling interests

			December 31, 2023
			FPL						NEER						Total
			(millions)
Operating revenues			$	18,365					$	9,672					$	28,037
Corporate and Other															77
Total consolidated revenues															$	28,114
Less:
Fuel, purchased power and interchange			4,761						795
Other operations and maintenance			1,666						2,601
Depreciation and amortization			3,789						2,009
Taxes other than income taxes and other – net			1,959						301
Interest expense			1,114						1,129			(a)
Income tax expense (benefit)(b)			1,123						177
Other segment items(c)			599						898
Net income attributable to NEE for reportable segments			4,552						3,558						8,110
Reconciliation of segment profit/(loss)
Corporate and Other															(800)
Net income attributable to NEE			$	4,552					$	3,558					$	7,310

_________________________

(a)Interest expense allocated from NEECH to NextEra Energy Resources 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 amounts that were recognized based on the tax sharing agreement with NEE. See Note 1 – Income Taxes.

(c)Other segment items for each reportable segment include:

FPL – Gains on disposal of businesses/assets – net, allowance for equity funds used during construction and other – net

NEER – Losses on disposal of businesses/assets – net, equity in losses of equity method investees, allowance for equity funds used during construction, gains on disposal of investments and other property – net, change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net, other – net and net loss attributable to noncontrolling interests

			December 31, 2022
			FPL						NEER						Total
			(millions)
Operating revenues			$	17,282					$	3,720					$	21,002
Corporate and Other															(46)
Total consolidated revenues															20,956
Less:
Fuel, purchased power and interchange			5,688						836
Other operations and maintenance			1,857						2,259
Depreciation and amortization			2,695						1,722
Taxes other than income taxes and other – net			1,752						323
Interest expense			768						128			(a)
Income tax expense (benefit)(b)			947						(391)
Other segment items(c)			126						1,442
Net income attributable to NEE for reportable segments			3,701						285						3,986
Reconciliation of segment profit/(loss)
Corporate and Other															161
Net income attributable to NEE			$	3,701					$	285					$	4,147

_________________________

(a)Interest expense allocated from NEECH to NextEra Energy Resources 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 amounts that were recognized based on the tax sharing agreement with NEE. See Note 1 – Income Taxes.

(c)Other segment items for each reportable segment include:

FPL – Gains on disposal of businesses/assets – net, allowance for equity funds used during construction and other – net

NEER – Gains on disposal of businesses/assets – net, equity in earnings of equity method investees, allowance for equity funds used during construction, gains on disposal of investments and other property – net, change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net, other – net and net loss attributable to noncontrolling interests

Segment Information

NEE's and FPL's additional segment information is as follows:

			2024
			FPL						NEER						Total Reportable Segments						Corp. and Other						Total Consolidated
			(millions)
Gains (losses) on disposal of businesses/assets – net			$	1					$	361					$	362					$	(10)					$	352
Equity in earnings (losses) of equity method investees			$	—					$	(267)					$	(267)					$	21					$	(246)
Net loss attributable to noncontrolling interests			$	—					$	1,248					$	1,248					$	—					$	1,248
Capital expenditures, independent power and other investments and nuclear fuel purchases			$	8,214					$	16,392					$	24,606					$	123					$	24,729
Property, plant and equipment – net			$	76,166					$	62,526					$	138,692					$	160					$	138,852
Total assets			$	98,141					$	89,398					$	187,539					$	2,605					$	190,144
Investment in equity method investees			$	—					$	6,118					$	6,118					$	—					$	6,118

			2023
			FPL						NEER						Total Reportable Segments						Corp. and Other						Total Consolidated
			(millions)
Gains (losses) on disposal of businesses/assets – net			$	407					$	(3)					$	404					$	1					$	405
Equity in earnings (losses) of equity method investees			$	—					$	(649)					$	(649)					$	1					$	(648)
Net loss attributable to noncontrolling interests			$	—					$	1,028					$	1,028					$	—					$	1,028
Capital expenditures, independent power and other investments and nuclear fuel purchases			$	9,400					$	15,652					$	25,052					$	61					$	25,113
Property, plant and equipment – net			$	70,608					$	55,034					$	125,642					$	134					$	125,776
Total assets			$	91,469					$	83,145					$	174,614					$	2,875					$	177,489
Investment in equity method investees			$	—					$	6,145					$	6,145					$	11					$	6,156

			2022
			FPL						NEER						Total Reportable Segments						Corp. and Other						Total Consolidated
			(millions)
Gains (losses) on disposal of businesses/assets – net			$	4					$	536					$	540					$	(18)					$	522
Equity in earnings of equity method investees			$	—					$	202					$	202					$	1					$	203
Net loss attributable to noncontrolling interests			$	—					$	901					$	901					$	—					$	901
Capital expenditures, independent power and other investments and nuclear fuel purchases			$	9,185					$	9,645					$	18,830					$	453					$	19,283
Property, plant and equipment – net			$	64,693					$	45,840					$	110,533					$	526					$	111,059
Total assets			$	86,559					$	70,713					$	157,272					$	1,663					$	158,935
Investment in equity method investees			$	—					$	6,572					$	6,572					$	10					$	6,582

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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-Name Accounting Standards Codification
-Topic 280
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-Publisher FASB
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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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

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-Name Accounting Standards Codification
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