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Condensed Consolidated Statements of Income (Loss) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
 [1]
Sep. 30, 2019
Sep. 30, 2018
 [1]
OPERATING REVENUES        
Renewable energy sales $ 201 $ 124 $ 494 $ 449
Texas pipelines service revenues 52 54 155 166
Total operating revenues [2] 253 178 649 615
OPERATING EXPENSES        
Operations and maintenance [3] 90 65 247 190
Depreciation and amortization 68 49 192 152 [4]
Gain on disposal of Canadian Holdings 0 0 0 (153) [4]
Taxes other than income taxes and other 7 5 20 15
Total operating expenses - net 165 119 459 204
OPERATING INCOME 88 59 190 411
OTHER INCOME (DEDUCTIONS)        
Interest expense (372) 31 (735) (93)
Equity in earnings of equity method investees 21 23 29 39
Equity in earnings (losses) of non-economic ownership interests 1 11 (10) 25 [4]
Other - net 1 1 3 14
Total other income (deductions) - net (349) 66 (713) (15)
INCOME (LOSS) BEFORE INCOME TAXES (261) 125 (523) 396
INCOME TAX EXPENSE (BENEFIT) (18) 15 (35) 13
NET INCOME (LOSS) (243) 110 [5] (488) 383 [4]
Net income attributable to preferred distributions (2) (6) [6] (14) (18) [6]
Less net income (loss) attributable to noncontrolling interest 173 (71) 380 (176)
NET INCOME (LOSS) ATTRIBUTABLE TO NEXTERA ENERGY PARTNERS, LP $ (72) $ 33 $ (122) $ 189
Weighted average number of common units outstanding - basic (in shares) 59.9 54.9 57.4 54.5
Weighted average number of common units outstanding - assuming dilution (in shares) 75.8 74.6 75.8 74.2
Earnings (loss) per common unit attributable to NextEra Energy Partners, LP - basic (in dollars per share) $ (1.21) $ 0.60 $ (2.12) $ 3.47
Earnings (loss) per common unit attributable to NextEra Energy Partners, LP - assuming dilution (in dollars per share) $ (1.21) $ 0.58 $ (2.12) $ 3.25
[1]
Prior-period financial information has been retrospectively adjusted to include the adoption of an accounting standards update related to leases.
[2]
Includes related party revenues of $2 million and less than $1 million for the three months ended September 30, 2019 and 2018, respectively, and $5 million and $3 million for the nine months ended September 30, 2019 and 2018, respectively.
[3]
Includes O&M expenses related to renewable energy projects of $50 million and $31 million for the three months ended September 30, 2019 and 2018, respectively, and $135 million and $92 million for the nine months ended September 30, 2019 and 2018, respectively. Includes O&M expenses related to the Texas pipelines of $12 million and $11 million for the three months ended September 30, 2019 and 2018, respectively, and $33 million and $33 million for the nine months ended September 30, 2019 and 2018, respectively. Total O&M expenses presented include related party amounts of $28 million and $18 million for the three months ended September 30, 2019 and 2018, respectively, and $76 million and $66 million for the nine months ended September 30, 2019 and 2018, respectively.
[4]
Prior-period financial information has been retrospectively adjusted to include the adoption of an accounting standards update related to leases.
[5]
Prior-period financial information has been retrospectively adjusted to include the adoption of an accounting standards update related to leases.
[6]
Prior-period financial information has been retrospectively adjusted to include the adoption of an accounting standards update related to leases.