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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
OPERATING REVENUES        
Renewable energy sales $ 308 $ 236 $ 847 $ 762
Texas pipelines service revenues 59 66 171 183
Total operating revenues(a) [1] 367 302 1,018 945
OPERATING EXPENSES        
Operations and maintenance(b) [2] 128 153 412 417
Depreciation and amortization 145 107 412 315
Taxes other than income taxes and other 21 1 54 32
Total operating expenses – net 294 261 878 764
GAINS ON DISPOSAL OF BUSINESSES/ASSETS – NET 0 8 0 35
OPERATING INCOME 73 49 140 216
OTHER INCOME (DEDUCTIONS)        
Interest expense 17 155 (207) 853
Equity in earnings of equity method investees 58 52 131 154
Equity in earnings of non-economic ownership interests 13 20 16 56
Other – net 2 1 6 2
Total other income (deductions) – net 90 228 (54) 1,065
INCOME BEFORE INCOME TAXES 163 277 86 1,281
INCOME TAXES 31 45 16 178
NET INCOME [3] 132 232 70 1,103
NET LOSS (INCOME) ATTRIBUTABLE TO NONCONTROLLING INTERESTS (79) (153) 18 (660)
NET INCOME ATTRIBUTABLE TO NEXTERA ENERGY PARTNERS, LP $ 53 $ 79 $ 88 $ 443
Earnings per common unit attributable to NextEra Energy Partners, LP - basic (in dollars per share) $ 0.57 $ 0.93 $ 0.96 $ 5.25
Earnings per common unit attributable to NextEra Energy Partners, LP - assuming dilution (in dollars per share) $ 0.57 $ 0.93 $ 0.96 $ 5.25
[1] Includes related party revenues of $9 million and $9 million for the three months ended September 30, 2023 and 2022, respectively, and $10 million and $21 million for the nine months ended September 30, 2023 and 2022, respectively.
[2] Includes O&M expenses related to renewable energy projects of $114 million and $91 million for the three months ended September 30, 2023 and 2022, respectively, and $326 million and $247 million for the nine months ended September 30, 2023 and 2022, respectively. Includes O&M expenses related to the Texas pipelines of $7 million and $14 million for the three months ended September 30, 2023 and 2022, respectively, and $22 million and $34 million for the nine months ended September 30, 2023 and 2022, respectively. Total O&M expenses presented include related party amounts of $18 million and $70 million for the three months ended September 30, 2023 and 2022, respectively, and $114 million and $195 million for the nine months ended September 30, 2023 and 2022, respectively.
[3] For the three and nine months ended September 30, 2023, NEP recognized less than $1 million and $1 million, respectively, of other comprehensive income related to equity method investees, which was primarily attributable to noncontrolling interests. For the three and nine months ended September 30, 2022, NEP recognized less than $1 million and $1 million, respectively, of other comprehensive income related to equity method investees, which was primarily attributable to noncontrolling interests.