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v3.23.3

Summary of Significant Accounting and Reporting Policies - Noncontrolling Interests (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward] |  |  |  |  |  |
Balances, beginning of period |  |  |  | $ 11,346 |  |
Sale of Class B noncontrolling interest – net |  |  |  | 1 |  | $ 407
Acquisition of subsidiary with differential membership interests |  |  |  | 72 |  |
Related party note receivable |  |  |  |  |  | 1
Net income (loss) attributable to noncontrolling interests | $ (79) |  | $ (153) | 18 |  | (660)
Distributions, primarily to related parties | (127) |  | (115) | (326) |  | (282)
Changes in non-economic ownership interests |  |  |  | 11 |  | 1
Differential membership investment contributions, net of distributions |  |  | 242 |  |  | 242
Payments to Class B noncontrolling interest investors | (33) |  | (41) | (122) |  | (144)
Exercise of Class B noncontrolling interest buyout right | (201) |  |  | (590) |  |
Other | 1 |  |  | 5 |  | 2
Balances, end of period | 10,877 |  |  | 10,877 |  |
Class B Noncontrolling Ownership Interests |  |  |  |  |  |
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward] |  |  |  |  |  |
Balances, beginning of period | 4,722 |  | 4,225 | 5,031 |  | 3,783
Sale of Class B noncontrolling interest – net |  |  |  |  |  | 408
Net income (loss) attributable to noncontrolling interests | 84 |  | 76 | 255 |  | 214
Payments to Class B noncontrolling interest investors | (33) |  | (41) | (122) |  | (144)
Exercise of Class B noncontrolling interest buyout right | (201) |  |  | (590) |  |
Other | 2 |  |  | 0 |  | (1)
Balances, end of period | 4,574 |  | 4,260 | 4,574 |  | 4,260
Differential Membership Interests |  |  |  |  |  |
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward] |  |  |  |  |  |
Balances, beginning of period | 4,300 |  | 3,069 | 4,359 |  | 3,150
Acquisition of subsidiaries with differential membership interests |  |  | 147 | 165 |  | 147
Net income (loss) attributable to noncontrolling interests | (148) |  | (115) | (506) |  | (431)
Distributions, primarily to related parties | (1) |  |  |  |  |
Differential membership investment contributions, net of distributions | 85 |  | 82 | 126 |  | 106
Sale of differential membership interest |  |  |  | 92 |  |
Reclassification of redeemable noncontrolling interests | 105 |  |  | 105 |  |
Other | (1) |  | 0 | (1) |  | 0
Reclassification of redeemable noncontrolling interests |  |  | 93 |  |  | 304
Balances, end of period | 4,340 |  | 3,276 | 4,340 |  | 3,276
NEE's Indirect Noncontrolling Ownership Interests |  |  |  |  |  |
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward] |  |  |  |  |  |
Balances, beginning of period | 840 | [1] | 403 | 891 | [1] | (38)
Acquisition of subsidiaries with differential membership interests |  |  | 0 | 0 | [1] | 0
Acquisition of subsidiary with differential membership interests |  |  | 95 | 72 | [1] | 95
Related party note receivable |  |  |  |  |  | 1
Net income (loss) attributable to noncontrolling interests | 114 | [1] | 154 | 157 | [1] | 756
Other comprehensive income (loss) |  |  |  |  |  | 1
Distributions, primarily to related parties | (109) | [1] | (91) | (291) | [1] | (251)
Other | 2 | [1] | (1) | 18 | [1] | (4)
Balances, end of period | 847 | [1] | 560 | 847 | [1] | 560
Other Noncontrolling Ownership Interests |  |  |  |  |  |
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward] |  |  |  |  |  |
Balances, beginning of period | 1,108 |  | 1,042 | 1,065 |  | 966
Net income (loss) attributable to noncontrolling interests | 29 |  | 36 | 72 |  | 112
Distributions, primarily to related parties | (17) |  | (24) | (35) |  | (31)
Changes in non-economic ownership interests |  |  |  | 11 |  | 1
Other | (4) |  | 1 | 3 |  | 7
Balances, end of period | 1,116 |  | 1,055 | 1,116 |  | 1,055
Noncontrolling Interests |  |  |  |  |  |
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward] |  |  |  |  |  |
Balances, beginning of period | 10,970 |  | 8,739 | 11,346 |  | 7,861
Sale of Class B noncontrolling interest – net |  |  |  |  |  | 408
Acquisition of subsidiaries with differential membership interests |  |  | 147 | 165 |  | 147
Acquisition of subsidiary with differential membership interests |  |  | 95 | 72 |  | 95
Related party note receivable |  |  |  |  |  | 1
Net income (loss) attributable to noncontrolling interests | 79 |  | 151 | (22) |  | 651
Other comprehensive income (loss) |  |  |  |  |  | 1
Distributions, primarily to related parties | (127) |  | (115) | (326) |  | (282)
Changes in non-economic ownership interests |  |  |  | 11 |  | 1
Differential membership investment contributions, net of distributions | 85 |  | 82 | 126 |  | 106
Payments to Class B noncontrolling interest investors | (33) |  | (41) | (122) |  | (144)
Sale of differential membership interest |  |  |  | 92 |  |
Reclassification of redeemable noncontrolling interests | 105 |  |  | 105 |  |
Exercise of Class B noncontrolling interest buyout right | (201) |  |  | (590) |  |
Other | (1) |  | 0 | 20 |  | 2
Reclassification of redeemable noncontrolling interests |  |  | 93 |  |  | 304
Balances, end of period | $ 10,877 |  | $ 9,151 | $ 10,877 |  | $ 9,151
[1] | Primarily reflects NEE Equity's noncontrolling interest in NEP OpCo and NEER's noncontrolling interests in Silver State, Sunlight Renewables Holdings and Emerald Breeze.

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