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v3.25.2

Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2025
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.
| Three Months Ended June 30, 2025 |  | Three Months Ended June 30, 2024
| FPL |  | NEER |  | Total |  | FPL |  | NEER |  | Total
| (millions)
Operating revenues | $ | 4,708 |  |  | $ | 1,914 |  |  | $ | 6,622 |  |  | $ | 4,389 |  |  | $ | 1,645 |  |  | $ | 6,034 |
Corporate and Other |  |  |  |  | 78 |  |  |  |  |  | 35
Total consolidated revenues |  |  |  |  | $ | 6,700 |  |  |  |  |  |  | $ | 6,069 |
Less: |  |  |  |  |  |  |  |  |  |  |
Fuel, purchased power and interchange | 946 |  | 238 |  |  |  | 1,081 |  | 223 |  |
Other operations and maintenance | 442 |  | 656 |  |  |  | 393 |  | 657 |  |
Depreciation and amortization | 1,080 |  | 677 |  |  |  | 694 |  | 703 |  |
Taxes other than income taxes and other – net | 523 |  | 106 |  |  |  | 481 |  | 85 |  |
Interest expense | 326 |  | 413 | (a) |  |  | 290 |  | 298 | (a) |
Income tax expense (benefit)(b) | 164 |  | (352) |  |  |  | 257 |  | (263) |  |
Other segment items(c) | 48 |  | 807 |  |  |  | 39 |  | 610 |  |
Net income attributable to NEE for reportable segments | 1,275 |  | 983 |  | $ | 2,258 |  |  | 1,232 |  | 552 |  | $ | 1,784 |
Reconciliation of segment profit/(loss) |  |  |  |  |  |  |  |  |  |  |
Corporate and Other |  |  |  |  | (230) |  |  |  |  |  | (162)
Net income attributable to NEE | $ | 1,275 |  |  | $ | 983 |  |  | $ | 2,028 |  |  | $ | 1,232 |  |  | $ | 552 |  |  | $ | 1,622 |
_________________________ (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 4. (c)Other segment items for each reportable segment include: FPL – Allowance for equity funds used during construction and other – net NEER – Gains on disposal of businesses/assets – net, equity in earnings (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
| Six Months Ended June 30, 2025 |  | Six Months Ended June 30, 2024
| FPL |  | NEER |  | Total |  | FPL |  | NEER |  | Total
| (millions)
Operating revenues | $ | 8,705 |  |  | $ | 4,076 |  |  | $ | 12,781 |  |  | $ | 8,224 |  |  | $ | 3,509 |  |  | $ | 11,733 |
Corporate and Other |  |  |  |  | 166 |  |  |  |  |  | 68
Total consolidated revenues |  |  |  |  | $ | 12,947 |  |  |  |  |  |  | $ | 11,801 |
Less: |  |  |  |  |  |  |  |  |  |  |
Fuel, purchased power and interchange | 1,881 |  | 467 |  |  |  | 2,115 |  | 419 |  |
Other operations and maintenance | 822 |  | 1,315 |  |  |  | 754 |  | 1,349 |  |
Depreciation and amortization | 1,488 |  | 1,349 |  |  |  | 997 |  | 1,282 |  |
Taxes other than income taxes and other – net | 999 |  | 223 |  |  |  | 943 |  | 175 |  |
Interest expense | 644 |  | 961 | (a) |  |  | 569 |  | 470 | (a) |
Income tax expense (benefit)(b) | 379 |  | (868) |  |  |  | 536 |  | (361) |  |
Other segment items(c) | 99 |  | 526 |  |  |  | 94 |  | 1,343 |  |
Net income attributable to NEE for reportable segments | 2,591 |  | 1,155 |  | $ | 3,746 |  |  | 2,404 |  | 1,518 |  | $ | 3,922 |
Reconciliation of segment profit/(loss) |  |  |  |  |  |  |  |  |  |  |
Corporate and Other |  |  |  |  | (884) |  |  |  |  |  | (32)
Net income attributable to NEE | $ | 2,591 |  |  | $ | 1,155 |  |  | $ | 2,862 |  |  | $ | 2,404 |  |  | $ | 1,518 |  |  | $ | 3,890 |
_________________________ (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 4. (c)Other segment items for each reportable segment include: FPL – Allowance for equity funds used during construction and other – net NEER – Gains on disposal of businesses/assets – net, equity in earnings (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
Segment information | NEE's and FPL's additional segment information is as follows:
| FPL |  | NEER |  | Total Reportable Segments |  | Corporate and Other |  | Total Consolidated
| (millions)
Three Months Ended June 30, 2025 |  |  |  |  |  |  |  |  |
Equity in earnings of equity method investees | $ | — |  |  | $ | 177 |  |  | $ | 177 |  |  | $ | — |  |  | $ | 177 |
Net loss attributable to noncontrolling interests | $ | — |  |  | $ | 389 |  |  | $ | 389 |  |  | $ | — |  |  | $ | 389 |
Six Months Ended June 30, 2025 |  |  |  |  |  |  |  |  |
Equity in losses of equity method investees | $ | — |  |  | $ | (469) |  |  | $ | (469) |  |  | $ | — |  |  | $ | (469) |
Net loss attributable to noncontrolling interests | $ | — |  |  | $ | 758 |  |  | $ | 758 |  |  | $ | — |  |  | $ | 758 |
Capital expenditures, independent power and other investments and nuclear fuel purchases | $ | 4,383 |  |  | $ | 9,237 |  |  | $ | 13,620 |  |  | $ | 6 |  |  | $ | 13,626 |
June 30, 2025 |  |  |  |  |  |  |  |  |
Property, plant and equipment – net | $ | 78,885 |  |  | $ | 66,694 |  |  | $ | 145,579 |  |  | $ | 163 |  |  | $ | 145,742 |
Total assets | $ | 101,805 |  |  | $ | 94,272 |  |  | $ | 196,077 |  |  | $ | 2,753 |  |  | $ | 198,830 |
Investment in equity method investees | $ | — |  |  | $ | 5,401 |  |  | $ | 5,401 |  |  | $ | — |  |  | $ | 5,401 |
| FPL |  | NEER |  | Total Reportable Segments |  | Corporate and Other |  | Total Consolidated
| (millions)
Three Months Ended June 30, 2024 |  |  |  |  |  |  |  |  |
Equity in earnings of equity method investees | $ | — |  |  | $ | 158 |  |  | $ | 158 |  |  | $ | 1 |  |  | $ | 159 |
Net loss attributable to noncontrolling interests | $ | — |  |  | $ | 326 |  |  | $ | 326 |  |  | $ | — |  |  | $ | 326 |
Six Months Ended June 30, 2024 |  |  |  |  |  |  |  |  |
Equity in earnings of equity method investees | $ | — |  |  | $ | 341 |  |  | $ | 341 |  |  | $ | 21 |  |  | $ | 362 |
Net loss attributable to noncontrolling interests | $ | — |  |  | $ | 657 |  |  | $ | 657 |  |  | $ | — |  |  | $ | 657 |
Capital expenditures, independent power and other investments and nuclear fuel purchases | $ | 4,408 |  |  | $ | 10,120 |  |  | $ | 14,528 |  |  | $ | 106 |  |  | $ | 14,634 |
December 31, 2024 |  |  |  |  |  |  |  |  |
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 |

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- 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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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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 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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