NextEra Energy Partners (NEP) 10-Q 23 Apr 20 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	3 Months Ended
	Mar. 31, 2020shares
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2020
Document Transition Report	false
Entity File Number	1-36518
Entity Registrant Name	NEXTERA ENERGY PARTNERS, LP
Entity Tax Identification Number	30-0818558
Entity Address, Address Line One	700 Universe Boulevard
Entity Address, City or Town	Juno Beach
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33408
City Area Code	561
Local Phone Number	694-4000
Entity Incorporation, State or Country Code	DE
Title of 12(b) Security	Common units
Trading Symbol	NEP
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	65,529,364
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Entity Central Index Key	0001603145
Current Fiscal Year End Date	--12-31

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Loss) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
OPERATING REVENUES
Renewable energy sales	$ 157	$ 123
Texas pipelines service revenues	55	54
Total operating revenues(a)	212	177
OPERATING EXPENSES
Operations and maintenance(b)	92	76
Depreciation and amortization	66	61
Taxes other than income taxes and other	5	6
Total operating expenses - net	163	143
OPERATING INCOME	49	34
OTHER INCOME (DEDUCTIONS)
Interest expense	(839)	(155)
Equity in earnings of equity method investees	18	0
Equity in losses of non-economic ownership interests	(23)	(7)
Total other deductions - net	(844)	(162)
LOSS BEFORE INCOME TAXES	(795)	(128)
INCOME TAX BENEFIT	(75)	(7)
NET LOSS	(720)	(121)
Net income attributable to preferred distributions	(2)	(6)
Net loss attributable to noncontrolling interests	500	105
NET LOSS ATTRIBUTABLE TO NEXTERA ENERGY PARTNERS, LP	$ (222)	$ (22)
Earnings (loss) per common unit attributable to NextEra Energy Partners, LP - basic (in dollars per share)	$ (3.39)	$ (0.38)
Earnings (loss) per common unit attributable to NextEra Energy Partners, LP - assuming dilution (in dollars per share)	$ (3.39)	$ (0.38)
Revenue from related parties	$ 4	$ 1
Operations and maintenance related to renewable energy projects	50	38
Operations and maintenance related to Texas pipelines	11	13
Operations and maintenance related party	$ 32	$ 24

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Income (Loss) (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Statement [Abstract]
Related party revenues	$ 4	$ 1
Operations and maintenance related to renewable energy projects	50	38
Operations and maintenance related to Texas pipelines	11	13
Operations and maintenance related party	$ 32	$ 24

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement of Comprehensive Income [Abstract]
NET LOSS	$ (720,000)	$ (121,000)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX
Reclassification from AOCI to net income (net of $0 and $0 tax benefit, respectively)	0	(6,000)
Other comprehensive income related to equity method investees (net of $0 and $0 tax expense, respectively)	0	1,000
Total other comprehensive loss, net of tax	0	(5,000)
COMPREHENSIVE LOSS	(720,000)	(126,000)
Net income attributable to preferred distributions	(2,000)	(6,000)
Less comprehensive income (loss) attributable to noncontrolling interest	500,000	108,000
COMPREHENSIVE LOSS ATTRIBUTABLE TO NEXTERA ENERGY PARTNERS, LP	$ (222,000)	$ (24,000)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement of Comprehensive Income [Abstract]
Reclassification from AOCI to net income, tax	$ 0	$ 0
Other comprehensive income (loss) related to equity method investee, tax (benefit) expense	$ 0	$ 0

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 115	$ 128
Accounts receivable	90	79
Other receivables	160	173
Due from related parties	68	17
Other current assets	39	36
Total current assets	472	433
Non-current assets:
Property, plant and equipment - net	6,972	6,970
Goodwill	609	609
Investments in equity method investees	1,640	1,653
Deferred income taxes	244	172
Other non-current assets	132	137
Total non-current assets	11,849	11,823
TOTAL ASSETS	12,321	12,256
Current liabilities:
Accounts payable and accrued expenses	144	122
Due to related parties	62	58
Current portion of long-term debt	13	12
Accrued interest	24	40
Accrued property taxes	11	21
Other current liabilities	50	48
Total current liabilities	304	301
Non-current liabilities:
Long-term debt	4,179	4,132
Asset retirement obligation	141	139
Derivatives	1,199	417
Non-current due to related party	34	34
Other non-current liabilities	185	167
Total non-current liabilities	5,738	4,889
TOTAL LIABILITIES	6,042	5,190
COMMITMENTS AND CONTINGENCIES
EQUITY
Preferred units (4.7 and 4.7 units issued and outstanding, respectively)	183	183
Common units (65.5 and 65.5 units issued and outstanding, respectively)	1,750	2,008
Accumulated other comprehensive loss	(8)	(8)
Noncontrolling interests	4,354	4,883
TOTAL EQUITY	6,279	7,066
TOTAL LIABILITIES AND EQUITY	12,321	12,256
Customer Relationships [Member]
Non-current assets:
Intangible assets	623	627
Intangible assets – PPAs - net
Non-current assets:
Intangible assets	$ 1,629	$ 1,655

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - shares shares in Millions	Mar. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Preferred units issued (in shares)	4.7	4.7
Preferred units outstanding (in shares)	4.7	4.7
Common units issued (in shares)	65.5	65.5
Common units outstanding (in shares)	65.5	65.5

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (720,000)	$ (121,000)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	66,000	61,000
Intangible amortization - PPAs	26,000	9,000
Change in value of derivative contracts	795,000	115,000
Deferred income taxes	(75,000)	(7,000)
Equity in earnings of equity method investees, net of distributions received	7,000	5,000
Equity in losses of non-economic ownership interests	23,000	7,000
Other - net	5,000	2,000
Changes in operating assets and liabilities:
Other current assets	4,000	(13,000)
Other non-current assets	0	(3,000)
Other current liabilities	(31,000)	(36,000)
Other non-current liabilities	(1,000)	0
Net cash provided by operating activities	99,000	19,000
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures and other investments	(52,000)	(3,000)
Payments from (to) related parties under CSCS agreement - net	(48,000)	24,000
Distributions from equity method investee	8,000	0
Other	4,000	0
Net cash provided by (used in) investing activities	(88,000)	21,000
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common units - net	2,000	3,000
Issuances of long-term debt	57,000	0
Retirements of long-term debt	(11,000)	(24,000)
Debt issuance costs	(1,000)	0
Partner contributions	3,000	1,000
Partner distributions	(97,000)	(74,000)
Preferred unit distributions	(2,000)	(6,000)
Proceeds from differential membership investors	46,000	32,000
Payments to differential membership investors	(6,000)	(8,000)
Payments to Class B noncontrolling interests investors	(10,000)	(5,000)
Change in amounts due to related parties	(1,000)	19,000
Net cash used in financing activities	(20,000)	(62,000)
NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	(9,000)	(22,000)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - BEGINNING OF PERIOD	132,000	166,000
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - END OF PERIOD	123,000	144,000
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Partner noncash distributions	0	3,000
Accrued property additions	31,000	0
Accrued preferred distributions	$ 2,000	$ 6,000

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Changes in Equity - USD ($) shares in Millions, $ in Millions		Total	Preferred Units [Member]	Preferred Partner [Member]	Units [Member]	Limited Partners [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Non-controlling Interests [Member]	Common Stock [Member]
Beginning balance, units at Dec. 31, 2018			14		56.1
Beginning balance at Dec. 31, 2018		$ 5,538		$ 548		$ 1,804	$ (6)	$ 3,192
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common units (in units)					0.1
Issuance of common units - net		1				1
Net income (loss)		(121)		6		(22)		(105)
Other comprehensive income (loss)		(5)					(2)	(3)
Related party contributions		1						1
Related party distributions		(51)						(51)
Other differential membership interests activity		24						24
Changes in non-economic ownership interests		(6)						(6)
Payments to Class B noncontrolling interests investors		(5)						(5)
Distributions to unitholders	[1]	(32)		(6)		(26)
Other		1						1
Ending balance, units at Mar. 31, 2019			14		56.2
Ending balance at Mar. 31, 2019		5,345		548		1,757	(8)	3,048
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Distributions per common unit (usd per share)									$ 0.4650
Accrued preferred distributions		$ 6
Beginning balance, units at Dec. 31, 2019		65.5	4.7		65.5
Beginning balance at Dec. 31, 2019		$ 7,066		183		2,008	(8)	4,883
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		(720)		2		(222)		(500)
Other comprehensive income (loss)		0
Related party contributions		3						3
Related party distributions		(62)						(62)
Other differential membership interests activity		40						40
Payments to Class B noncontrolling interests investors		(10)						(10)
Distributions to unitholders	[2]	(37)		(2)		(35)
Other		$ (1)				(1)		0
Ending balance, units at Mar. 31, 2020		65.5	4.7		65.5
Ending balance at Mar. 31, 2020		$ 6,279		$ 183		$ 1,750	$ (8)	$ 4,354
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Distributions per common unit (usd per share)									$ 0.5350
Accrued preferred distributions		$ 2
[1]	Distributions per common unit of $0.4650 were paid during the three months ended March 31, 2019.
[2]	Distributions per common unit of $0.5350 were paid during the three months ended March 31, 2020. At March 31, 2020, $2 million of preferred unit distributions were accrued and are payable in May 2020.

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2020
Business Combinations [Abstract]
Acquisitions	Acquisitions In June 2019, an indirect subsidiary of NEP completed the acquisition from NEER (June 2019 acquisition) of the following: • 100% of the membership interests in Ashtabula Wind II, LLC, a project company that owns a 120 MW wind generation facility located in North Dakota; • 100% of the membership interests in Garden Wind, LLC, a project company that owns a 150 MW wind generation facility (Story County II) located in Iowa; • 100% of the membership interests in White Oak Energy Holdings, LLC, which owns 100% of the membership interests of White Oak Energy LLC, which owns a 150 MW wind generation facility located in Illinois; • 100% of the Class C membership interests in Rosmar Holdings, LLC (Rosmar), which represent a 49.99% noncontrolling ownership interest in two solar generation facilities, Marshall and Roswell, with a total combined generating capacity of approximately 132 MW located in Minnesota and New Mexico, respectively; and • 49.99% of the membership interests, representing a controlling ownership interest, in Silver State South Solar, LLC (Silver State), which indirectly owns a 250 MW solar generation facility located in Nevada. NEER retained ownership interests in Rosmar and Silver State and remains the managing member of Rosmar. Thus, NEP's interest in Rosmar is reflected within investments in equity method investees on the condensed consolidated balance sheets. NEER's remaining interest in Silver State is reflected within noncontrolling interests on the condensed consolidated balance sheets (see Note 10 - Noncontrolling Interests). In November 2019, Meade Pipeline Investment, LLC (the Meade purchaser), an indirect subsidiary of NEP, acquired all of the ownership interests in Meade Pipeline Co LLC (Meade) which owns an approximately 39.2% aggregate ownership interest in the Central Penn Line (CPL), a 185-mile natural gas pipeline that operates in Pennsylvania and a 40% ownership interest in an expansion project (the expansion) of the gas pipeline. NEP's indirect ownership interest in Meade, including Meade's ownership interests in the CPL and the expansion, is reflected as investments in equity method investees.

Revenue

Revenue	3 Months Ended
	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Revenue	Revenue Revenue is recognized when control of the promised goods or services is transferred to customers at an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. NEP's operating revenues are generated primarily from various non-affiliated parties under PPAs and natural gas transportation agreements. NEP's operating revenues from contracts with customers are partly offset by the amortization of intangible assets - PPAs. Revenue is recognized as energy and any related renewable energy attributes are delivered, based on rates stipulated in the respective PPAs, or natural gas transportation services are performed. NEP believes that the obligation to deliver energy and provide the natural gas transportation services is satisfied over time as the customer simultaneously receives and consumes benefits provided by NEP. In addition, NEP believes that the obligation to deliver renewable energy attributes is satisfied at multiple points in time, with the control of the renewable energy attribute being transferred at the same time the related energy is delivered. Included in NEP’s operating revenues for the three months ended March 31, 2020 is $151 million and $54 million, and for the three months ended March 31, 2019 is $125 million and $52 million, of revenue from contracts with customers for renewable energy sales and natural gas transportation services, respectively. NEP's accounts receivable are primarily associated with revenues earned from contracts with customers. Receivables represent unconditional rights to consideration and reflect the differences in timing of revenue recognition and cash collections. For substantially all of NEP's receivables, regardless of the type of revenue transaction from which the receivable originated, customer and counterparty credit risk is managed in the same manner and the terms and conditions of payment are similar. NEP recognizes revenues as energy and any related renewable energy attributes are delivered or natural gas transportation services are performed, consistent with the amounts billed to customers based on rates stipulated in the respective PPAs. NEP considers the amount billed to represent the value of energy delivered or services provided to the customer. NEP’s customers typically receive bills monthly with payment due within 30 days. The contracts with customers related to pipeline service revenues contain a fixed price related to firm natural gas transportation capacity with maturity dates ranging from 2020 to 2035. At March 31, 2020, NEP expects to record approximately $2.0 billion of revenues over the remaining terms of the related contracts as the capacity is provided. Revenues yet to be earned under contracts with customers to deliver energy and any related energy attributes, which have maturity dates ranging from 2030 to

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income taxes are calculated for NEP as a single taxpaying corporation for U.S. federal and state income taxes (based on its election to be taxed as a corporation). NEP recognizes in income its applicable ownership share of U.S. income taxes due to the disregarded tax status of substantially all of the U.S. projects under NEP OpCo. Net income or loss attributable to noncontrolling interests includes minimal U.S. taxes. The effective tax rate for the three months ended March 31, 2020 and 2019 was approximately 9% and 5%, respectively, and was primarily affected by taxes attributable to noncontrolling interests of approximately $105 million and $21 million, respectively.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The fair value of assets and liabilities are determined using either unadjusted quoted prices in active markets (Level 1) or pricing inputs that are observable (Level 2) whenever that information is available and using unobservable inputs (Level 3) to estimate fair value only when relevant observable inputs are not available. NEP uses several different valuation techniques to measure the fair value of assets and liabilities relying primarily on the market approach of using prices and other market information for identical and/or comparable assets and liabilities for those assets and liabilities that are measured at fair value on a recurring basis. Certain financial instruments may be valued using multiple inputs including discount rates, counterparty credit ratings and credit enhancements. NEP’s assessment of the significance of any particular input to the fair value measurement requires judgment and may affect the placement of those assets and liabilities within the fair value hierarchy levels. Non-performance risk, including the consideration of a credit valuation adjustment, is also considered in the determination of fair value for all assets and liabilities measured at fair value. Transfers between fair value hierarchy levels occur at the beginning of the period in which the transfer occurred. Cash Equivalents and Restricted Cash Equivalents - The fair value of money market funds that are included in cash and cash equivalents, other current assets and other non-current assets on the condensed consolidated balance sheets is estimated using a market approach based on current observable market prices. Interest Rate Contracts - NEP estimates the fair value of its derivatives using an income approach based on a discounted cash flows valuation technique utilizing the net amount of estimated future cash inflows and outflows related to the agreements. The primary inputs used in the fair value measurements include the contractual terms of the derivative agreements, current interest rates and credit profiles. The significant inputs for the resulting fair value measurement are market-observable inputs and the measurements are reported as Level 2 in the fair value hierarchy. NEP’s financial assets and liabilities and other fair value measurements made on a recurring basis by fair value hierarchy level are as follows: March 31, 2020 December 31, 2019 Level 1 Level 2 Total Level 1 Level 2 Total (millions) Assets: Cash equivalents $ 11 $ — $ 11 $ 16 $ — $ 16 Restricted cash equivalents 5 — 5 — — — Interest rate contracts — 54 54 — 9 9 Total assets $ 16 $ 54 $ 70 $ 16 $ 9 $ 25 Liabilities: Interest rate contracts $ — $ 1,268 $ 1,268 $ — $ 427 $ 427 Total liabilities $ — $ 1,268 $ 1,268 $ — $ 427 $ 427 Financial Instruments Recorded at Other than Fair Value - The carrying amounts and estimated fair values of other financial instruments recorded at other than fair value are as follows: March 31, 2020 December 31, 2019 Carrying Fair Carrying Fair (millions) Long-term debt, including current maturities (a) $ 4,192 $ 4,122 $ 4,144 $ 4,235 ____________________ (a) At March 31, 2020 and December 31, 2019, approximately $4,098 million and $4,211 million, respectively, of the fair value is estimated using a market approach based on quoted market prices for the same or similar issues (Level 2); the balance is estimated using an income approach utilizing a discounted cash flow valuation technique, considering the current credit profile of the debtor (Level 3).

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activity	3 Months Ended
	Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activity	Derivative Instruments and Hedging Activity NEP uses derivative instruments (primarily interest rate swaps) to manage the interest rate cash flow risk associated with outstanding and expected future debt issuances and borrowings. NEP records all derivative instruments that are required to be marked to market as either assets or liabilities on its condensed consolidated balance sheets and measures them at fair value each reporting period. NEP does not utilize hedge accounting for its derivative instruments. All changes in the derivatives' fair value are recognized in interest expense in the condensed consolidated statements of income (loss). At March 31, 2020 and December 31, 2019, the net notional amounts of the interest rate contracts were approximately $7,071 million and $6,859 million, respectively. During the three months ended March 31, 2019, NEP reclassified approximately $6 million from AOCI to interest expense primarily because the related future transactions being hedged were no longer going to occur. At March 31, 2020, NEP's AOCI does not include any amounts related to cash flow hedges. Cash flows from the interest rate contracts are reported in cash flows from operating activities in the condensed consolidated statements of cash flows. Fair Value of Derivative Instruments - The tables below present NEP's gross derivative positions, based on the total fair value of each derivative instrument, at March 31, 2020 and December 31, 2019, as required by disclosure rules, as well as the location of the net derivative positions, based on the expected timing of future payments, on the condensed consolidated balance sheets. March 31, 2020 Gross Basis Net Basis Assets Liabilities Assets Liabilities (millions) Interest rate contracts $ 54 $ 1,268 $ — $ 1,214 Net fair value by balance sheet line item: Other current assets $ — Other non-current assets — Other current liabilities $ 15 Derivatives 1,199 Total derivatives $ — $ 1,214 December 31, 2019 Gross Basis Net Basis Assets Liabilities Assets Liabilities (millions) Interest rate contracts $ 9 $ 427 $ — $ 418 Net fair value by balance sheet line item: Other current assets $ — Other non-current assets — Other current liabilities $ 1 Derivatives 417 Total derivatives $ — $ 418 Financial Statement Impact of Derivative Instruments - Gains (losses) related to NEP's interest rate contracts are recorded in the condensed consolidated financial statements as follows: Three Months Ended March 31, 2020 2019 (millions) Interest rate contracts: Gains reclassified from AOCI to interest expense $ — $ 6 Losses recognized in interest expense $ (795) $ (118) Credit-Risk-Related Contingent Features - Certain of NEP's derivative instruments contain credit-related cross-default and material adverse change triggers, none of which contain requirements to maintain certain credit ratings or financial ratios. At March 31, 2020 and December 31, 2019, the aggregate fair value of NEP's derivative instruments with contingent risk features that were in a liability position was approximately $1,147 million and $420 million, respectively.

Variable Interest Entities

Variable Interest Entities	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	Variable Interest Entities NEP has identified NEP OpCo, a limited partnership with a general partner and limited partners, as a VIE. NEP has consolidated the results of NEP OpCo and its subsidiaries because of its controlling interest in the general partner of NEP OpCo. At March 31, 2020, NEP owned an approximately 39.2% limited partner interest in NEP OpCo and NEE Equity owned a noncontrolling 60.8% limited partner interest in NEP OpCo (NEE's noncontrolling interest). The assets and liabilities of NEP OpCo as well as the operations of NEP OpCo represent substantially all of NEP's assets and liabilities and its operations. In addition, at March 31, 2020, NEP OpCo consolidated 12 VIEs related to certain subsidiaries that have sold differential membership interests in entities which own and operate 20 wind electric generation facilities. These entities are considered VIEs because the holders of the differential membership interests do not have substantive rights over the significant activities of these entities. The assets, primarily property, plant and equipment - net, and liabilities, primarily asset retirement obligation and non-current due to related party, of the VIEs, totaled approximately $4,768 million and $112 million, respectively, at March 31, 2020 and $4,814 million and $122 million, respectively, at December 31, 2019. At March 31, 2020, NEP OpCo also consolidated four VIEs related to the sales of noncontrolling Class B interests in certain NEP subsidiaries. See Note 10 - Noncontrolling Interests. These entities are considered VIEs because the holders of the noncontrolling Class B interests do not have substantive rights over the significant activities of the entities. The assets, primarily property, plant and equipment - net and intangible assets - PPAs, and the liabilities, primarily long-term debt, other long-term liabilities and asset retirement obligation, of these VIEs totaled approximately $7,876 million and $1,584 million, respectively, at March 31, 2020 and $7,900 million and $1,448 million, respectively, at December 31, 2019. These VIEs include three other VIEs related to Rosmar, Silver State and Meade. See Note 1. In addition, certain of these VIEs contain entities which have sold differential membership interests and approximately $2,106 million and $2,122 million of assets and $51 million and $53 million of liabilities are also included in the disclosure of the VIEs related to differential membership interests at March 31, 2020 and December 31, 2019, respectively. NEP has an indirect equity method investment in three NEER solar projects with a total generating capacity of 277 MW. Through a series of transactions, a subsidiary of NEP issued 1,000,000 NEP OpCo Class B Units, Series 1 and 1,000,000 NEP OpCo Class B Units, Series 2, to NEER for approximately 50% of the ownership interests in the three solar projects (non-economic ownership interests). NEER, as holder of the NEP OpCo Class B Units, will retain 100% of the economic rights in the projects to which the respective Class B Units relate, including the right to all distributions paid by the project subsidiaries that own the

Capitalization

Capitalization	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Capitalization	Capitalization Debt - Significant long-term debt issuances and borrowings by subsidiaries of NEP during the three months ended March 31, 2020 were as follows: Date Issued/Borrowed Debt Issuances/Borrowings Interest Principal Maturity (millions) February 2020 NEP OpCo senior secured revolving credit facility Variable (a) $ 50 (b) 2025 January 2020 - March 2020 Senior secured limited-recourse debt Variable (a) $ 7 (c) 2026 ———————————— (a) Variable rate is based on an underlying index plus a margin. (b) At March 31, 2020, $550 million of borrowings were outstanding and approximately $122 million of letters of credit were issued under the NEP OpCo credit facility. (c) At March 31, 2020, approximately $829 million of borrowings were outstanding under the existing credit agreement of the Meade purchaser and Pipeline Investment Holdings, LLC. In February 2020, NEP OpCo and its direct subsidiary (loan parties) entered into an amendment of their existing revolving credit facility. The amendments to the revolving credit facility include, among other things, an extension of the maturity from February 2024 to February 2025. NEP OpCo and its subsidiaries' secured long-term debt agreements are secured by liens on certain assets and contain provisions which, under certain conditions, could restrict the payment of distributions or related party fee payments. At March 31, 2020, NEP and its subsidiaries were in compliance with all financial debt covenants under their financings except as discussed in Note 11 - PG&E Bankruptcy. Equity - On April 21, 2020, the board of directors of NEP authorized a distribution of $0.555 per common unit payable on May 15, 2020 to its common unitholders of record on May 7, 2020. Loss Per Unit - Diluted loss per unit is based on the weighted-average number of common units and potential common units outstanding during the period, including the dilutive effect of the convertible notes and preferred units. The dilutive effect of the convertible notes and preferred units is computed using the if-converted method. The reconciliation of NEP's basic and diluted loss per unit for the three months ended March 31, 2020 and 2019 is as follows: Three Months Ended March 31, 2020 2019 (millions, except per unit amounts) Numerator: Net loss attributable to NEP – basic $ (222) $ (22) Adjustments for convertible notes and preferred units (a) — — Net loss attributable to NEP used to compute diluted loss per unit $ (222) $ (22) Denominator: Weighted-average number of common units outstanding – basic 65.5 56.1 Effect of dilutive convertible notes and preferred units (a) — — Weighted-average number of common units outstanding and assumed conversions 65.5 56.1 Loss per unit attributable to NEP: Basic $ (3.39) $ (0.38) Assuming dilution $ (3.39) $ (0.38)

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Accumulated Other Comprehensive (Income) Loss	Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss) Net Unrealized Other Comprehensive Total (millions) Balances, December 31, 2019 $ — $ (22) $ (22) Net other comprehensive income (loss) — — — Balances, March 31, 2020 $ — $ (22) $ (22) AOCI attributable to noncontrolling interest $ — $ (14) $ (14) AOCI attributable to NEP $ — $ (8) $ (8) Accumulated Other Comprehensive Income (Loss) Net Unrealized Other Comprehensive Income (Loss) Related to Equity Method Investee Total (millions) Balances, December 31, 2018 $ 6 $ (24) $ (18) Amounts reclassified from AOCI to interest expense (6) — (6) Other comprehensive income related to equity method investee — 1 1 Net other comprehensive income (loss) (6) 1 (5) Balances, March 31, 2019 $ — $ (23) $ (23) AOCI attributable to noncontrolling interest $ — $ (15) $ (15) AOCI attributable to NEP $ — $ (8) $ (8)

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2020
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Each project entered into O&M agreements and ASAs with subsidiaries of NEER whereby the projects pay a certain annual fee plus actual costs incurred in connection with certain O&M and administrative services performed under these agreements. These services are reflected as operations and maintenance in the condensed consolidated statements of income (loss). Additionally, a NEP subsidiary pays an affiliate for transmission services which are reflected as operations and maintenance in the condensed consolidated statements of income (loss). Certain projects have also entered into various types of agreements including those related to shared facilities and transmission lines, transmission line easements, technical support and construction coordination with subsidiaries of NEER whereby certain fees or cost reimbursements are paid to, or received by, certain subsidiaries of NEER. Management Services Agreement - Under the MSA, an indirect wholly owned subsidiary of NEE provides operational, management and administrative services to NEP, including managing NEP’s day-to-day affairs and providing individuals to act as NEP’s executive officers and directors, in addition to those services that are provided under the existing O&M agreements and ASAs described above between NEER subsidiaries and NEP subsidiaries. NEP OpCo pays NEE an annual management fee equal to the greater of 1% of the sum of NEP OpCo’s net income plus interest expense, income tax expense and depreciation and amortization expense less certain non-cash, non-recurring items for the most recently ended fiscal year and $4 million (as adjusted for inflation beginning in 2016), which is paid in quarterly installments with an additional payment each January to the extent 1% of the sum of NEP OpCo’s net income plus interest expense, income tax expense and depreciation and amortization expense less certain non-cash, non-recurring items for the preceding fiscal year exceeds $4 million (as adjusted for inflation beginning in 2016). NEP OpCo also makes certain payments to NEE based on the achievement by NEP OpCo of certain target quarterly distribution levels to its unitholders. NEP’s O&M expenses for the three months ended March 31, 2020 and 2019 include approximately $26 million and $22 million, respectively, related to the MSA. Cash Sweep and Credit Support Agreement - NEP OpCo is a party to the CSCS agreement with NEER under which NEER and certain of its affiliates provide credit support in the form of letters of credit and guarantees to satisfy NEP’s subsidiaries’ contractual obligations. NEP OpCo pays NEER an annual credit support fee based on the level and cost of the credit support provided, payable in quarterly installments. NEP’s O&M expenses for the three months ended March 31, 2020 and 2019 include approximately $1 million and $1 million, respectively, related to the CSCS agreement. NEER and certain of its affiliates may withdraw funds (Project Sweeps) received by NEP OpCo under the CSCS agreement, or its subsidiaries in connection with certain long-term debt agreements, and hold those funds in accounts belonging to NEER or its affiliates to the extent the funds are not required to pay project costs or otherwise required to be maintained by NEP's subsidiaries. NEER and its affiliates may keep the funds until the financing agreements permit distributions to be made, or, in the case of NEP OpCo, until such funds are required to make distributions or to pay expenses or other operating costs or NEP OpCo otherwise demands the return of such funds. If NEER or its affiliates fail to return withdrawn funds when required by NEP's subsidiaries’ financing agreements, the lenders will be entitled to draw on any credit support provided by NEER or its affiliates in the amount of such withdrawn funds. If NEER or one of its affiliates realizes any earnings on the withdrawn funds prior to the return of such funds, it will be permitted to retain those earnings. At March 31, 2020 and December 31, 2019, the cash sweep amounts held in accounts belonging to NEER or its affiliates were approximately $60 million and $12 million, respectively, and are included in due from related parties on the condensed consolidated balance sheets. Guarantees and Letters of Credit Entered into by Related Parties - Certain PPAs include requirements of the project entities to meet certain performance obligations. NEECH or NEER has provided letters of credit or guarantees for certain of these performance obligations and payment of any obligations from the transactions contemplated by the PPAs . In addition, certain financing agreements require cash and cash equivalents to be reserved for various purposes . In accordance with the terms of these financing agreements, guarantees from NEECH have been substituted in place of these cash and cash equivalents reserve requirements. Also, under certain financing agreements, indemnifications have been provided by NEECH. In addition, certain interconnection agreements and site certificates require letters of credit or a surety bond to secure certain payment or restoration obligations related to those agreements. NEECH also guarantees the Project Sweep amounts held in accounts belonging to NEER, as described above. At March 31, 2020, NEECH or NEER guaranteed or provided indemnifications, letters of credit or surety bonds totaling approximately $645 million related to these obligations. Agreements related to the sale of differential membership interests require NEER to guarantee payments due by the VIEs and the indemnifications to the VIEs' respective investors. At March 31, 2020, NEER guaranteed a total of approximately $11 million related to these obligations. Due to Related Party - Non-current amounts due to related party on the condensed consolidated balance sheets primarily represent amounts owed by certain of NEP's wind projects to NEER to refund NEER for certain transmission costs paid on behalf of the wind projects. Amounts will be paid to NEER as the wind projects receive payments from third parties for related notes receivable recorded in other non-current assets on the condensed consolidated balance sheets. Transportation and Fuel Management Agreements - A subsidiary of NEP assigned to a subsidiary of NEER certain gas commodity agreements in exchange for entering into transportation agreements and a fuel management agreement whereby the benefits of the gas commodity agreements (net of transportation paid to the NEP subsidiary) are passed back to the NEP

Summary of Significant Accounti

Summary of Significant Accounting and Reporting Policies	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting and Reporting Policies	. Summary of Significant Accounting and Reporting Policies Restricted Cash - A t March 31, 2020 and December 31, 2019 , NEP had approximately $8 million and $3 million, respectively, of restricted cash included in other current assets on NEP's condensed consolidated balance sheets. Restricted cash at March 31, 2020 is primarily held by certain subsidiaries pursuant to restrictions contained in a subsidiary's debt agreement and, at both March 31, 2020 and December 31, 2019, collateral deposits from a counterparty. Restricted cash reported as current assets are recorded as such based on the anticipated use of these funds. Noncontrolling Interests - At March 31, 2020, the Class B noncontrolling ownership interests (the Class B noncontrolling ownership interests in NEP Renewables sold in 2018 and NEP Renewables II, NEP Pipelines and STX Midstream sold in 2019), the differential membership interests, NEE's approximately 60.8% noncontrolling limited partner interest in NEP OpCo and NEER's approximately 50% noncontrolling ownership interest in Silver State, as well as a non-affiliated party's 10% interest in one of the Texas pipelines and the non-economic ownership interests are reflected as noncontrolling interests on the condensed consolidated balance sheets. The impact of the net income (loss) attributable to the differential membership interests and the Class B noncontrolling ownership interests are allocated to NEE's noncontrolling ownership interest and the net income attributable to NEP based on their respective ownership percentage of NEP OpCo. Details of the activity in noncontrolling interests are below: Class B Noncontrolling Ownership Interests Differential Membership Interests NEER's Noncontrolling Ownership Interests in NEP OpCo and Silver State Other Noncontrolling Ownership Interests Total Noncontrolling Three months ended March 31, 2020 (millions) Balances, December 31, 2019 $ 2,628 $ 1,798 $ 389 $ 68 $ 4,883 Net income (loss) attributable to NCI 52 (71) (459) (22) (500) Related party contributions — — — 3 3 Related party distributions — — (60) (2) (62) Differential membership investment contributions, net of distributions — 40 — — 40 Payments to Class B noncontrolling interest investors (10) — — — (10) Balances, March 31, 2020 $ 2,670 $ 1,767 $ (130) $ 47 $ 4,354 Class B Noncontrolling Ownership Interests Differential Membership Interests NEER's Noncontrolling Ownership Interests in NEP OpCo and Silver State Other Noncontrolling Ownership Interests Total Noncontrolling Three months ended March 31, 2019 (millions) Balances, December 31, 2018 $ 751 $ 2,019 $ 342 $ 80 $ 3,192 Net income (loss) attributable to NCI 12 (60) (50) (7) (105) Other comprehensive loss — — (3) — (3) Related party contributions — — 1 — 1 Related party distributions — — (50) (1) (51) Changes in non-economic ownership interests — — — (6) (6) Differential membership investment contributions, net of distributions — 24 — — 24 Payments to Class B noncontrolling interest investors (5) — — — (5) Other — — 1 — 1 Balances, March 31, 2019 $ 758 $ 1,983 $ 241 $ 66 $ 3,048 Reference Rate Reform - In March 2020, the Financial Accounting Standards Board (FASB) issued an accounting standards update which provides certain options to apply GAAP guidance on contract modifications and hedge accounting as companies

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Development, Engineering and Construction Commitments - At March 31, 2020, indirect subsidiaries of NEP had several engineering, procurement and construction contracts and a funding commitment related to the repowering of certain wind facilities and expansion projects at certain pipelines. Those contracts have varying payment terms and some include performance obligations that allow the NEP subsidiaries to receive liquidated damages if the contractor does not perform. As of March 31, 2020, the NEP subsidiaries had purchased approximately $101 million related to these projects, of which $36 million was purchased from NEER. Such costs primarily have been capitalized in property, plant and equipment - net on the condensed consolidated balance sheets. As of March 31, 2020, the NEP subsidiaries have remaining commitments under these contracts of approximately $253 million. PG&E Bankruptcy - During the three months ended March 31, 2020, approximately $3 million of net income attributable to NEP relates to PPAs that the Genesis, Desert Sunlight and Shafter solar projects have with PG&E. On January 29, 2019, PG&E filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code. While PG&E or other stakeholders in the bankruptcy proceeding could seek to reject some or all of the PPAs, PG&E's proposed plan of reorganization specifies that PG&E would assume all of the PPAs. The bankruptcy court approved PG&E's Disclosure Statement and Exit Financing Plan and the Governor of California has filed a letter in support of PG&E’s plan, assuming certain changes will be made regarding PG&E’s governance, safety operations and the California Public Utilities Commission’s oversight. PG&E’s Chapter 11 filing, or related events, caused events of default under the financings for the Genesis and Shafter projects which, among other things, blocked the distribution of cash generated by those projects. During 2019, an indirect subsidiary of NEP repaid or redeemed all of the debt outstanding under the Genesis financings. At March 31, 2020, the debt outstanding under the Shafter financing totaled approximately $25 million, substantially all of which was classified as long-term debt as a result of a default waiver obtained in April 2019 that extends to April 2021. Based on the estimated future cash flows related to the Genesis, Shafter and Desert Sunlight solar projects, no impairment adjustment was recorded at March 31, 2020. NEP will continue to monitor its investments in these projects. At March 31, 2020, cumulative cash distributions of approximately $51 million from the Shafter and Desert Sunlight solar projects were not distributed as a result of the events of default under the financings that arose due to PG&E’s bankruptcy filing. Coronavirus Pandemic - NEP is closely monitoring the global outbreak of the novel coronavirus (COVID-19) and is taking steps intended to mitigate the potential risks to NEP posed by COVID-19. NEP has implemented its pandemic plan, which includes various processes and procedures intended to limit the impact of COVID-19 on its business. These processes and procedures include the pandemic plan implemented by NEER related to services NEER provides to NEP. To date, there has been no material impact on NEP's operations, financial performance, or liquidity as a result of COVID-19; however, the ultimate severity or duration of the outbreak or its effects on the global, national or local economy, the capital and credit markets, the services NEER provides to NEP, or NEP's customers and suppliers is uncertain. NEP cannot predict whether COVID-19 will have a material impact on its business, financial condition, liquidity, results of operations and ability to make cash distributions to its unitholders.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Schedule of financial assets and liabilities and other fair value measurements on a recurring basis	NEP’s financial assets and liabilities and other fair value measurements made on a recurring basis by fair value hierarchy level are as follows: March 31, 2020 December 31, 2019 Level 1 Level 2 Total Level 1 Level 2 Total (millions) Assets: Cash equivalents $ 11 $ — $ 11 $ 16 $ — $ 16 Restricted cash equivalents 5 — 5 — — — Interest rate contracts — 54 54 — 9 9 Total assets $ 16 $ 54 $ 70 $ 16 $ 9 $ 25 Liabilities: Interest rate contracts $ — $ 1,268 $ 1,268 $ — $ 427 $ 427 Total liabilities $ — $ 1,268 $ 1,268 $ — $ 427 $ 427
Schedule of other financial instrument, carrying amounts and estimated fair values	instruments recorded at other than fair value are as follows: March 31, 2020 December 31, 2019 Carrying Fair Carrying Fair (millions) Long-term debt, including current maturities (a) $ 4,192 $ 4,122 $ 4,144 $ 4,235 ____________________ (a) At March 31, 2020 and December 31, 2019, approximately $4,098 million and $4,211 million, respectively, of the fair value is estimated using a market approach based on quoted market prices for the same or similar issues (Level 2); the balance is estimated using an income approach utilizing a discounted cash flow valuation technique, considering the current credit profile of the debtor (Level 3).

Derivative Instruments and He_2

Derivative Instruments and Hedging Activity (Tables)	3 Months Ended
	Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of the fair values included in balance sheets	The tables below present NEP's gross derivative positions, based on the total fair value of each derivative instrument, at March 31, 2020 and December 31, 2019, as required by disclosure rules, as well as the location of the net derivative positions, based on the expected timing of future payments, on the condensed consolidated balance sheets. March 31, 2020 Gross Basis Net Basis Assets Liabilities Assets Liabilities (millions) Interest rate contracts $ 54 $ 1,268 $ — $ 1,214 Net fair value by balance sheet line item: Other current assets $ — Other non-current assets — Other current liabilities $ 15 Derivatives 1,199 Total derivatives $ — $ 1,214 December 31, 2019 Gross Basis Net Basis Assets Liabilities Assets Liabilities (millions) Interest rate contracts $ 9 $ 427 $ — $ 418 Net fair value by balance sheet line item: Other current assets $ — Other non-current assets — Other current liabilities $ 1 Derivatives 417 Total derivatives $ — $ 418
Schedule of gains (losses) related to interest rate contracts	Gains (losses) related to NEP's interest rate contracts are recorded in the condensed consolidated financial statements as follows: Three Months Ended March 31, 2020 2019 (millions) Interest rate contracts: Gains reclassified from AOCI to interest expense $ — $ 6 Losses recognized in interest expense $ (795) $ (118)

Capitalization (Tables)

Capitalization (Tables)	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Schedule of Debt	Significant long-term debt issuances and borrowings by subsidiaries of NEP during the three months ended March 31, 2020 were as follows: Date Issued/Borrowed Debt Issuances/Borrowings Interest Principal Maturity (millions) February 2020 NEP OpCo senior secured revolving credit facility Variable (a) $ 50 (b) 2025 January 2020 - March 2020 Senior secured limited-recourse debt Variable (a) $ 7 (c) 2026 ———————————— (a) Variable rate is based on an underlying index plus a margin. (b) At March 31, 2020, $550 million of borrowings were outstanding and approximately $122 million of letters of credit were issued under the NEP OpCo credit facility. (c) At March 31, 2020, approximately $829 million of borrowings were outstanding under the existing credit agreement of the Meade purchaser and Pipeline Investment Holdings, LLC.
Schedule of Earnings Per Share, Basic and Diluted	The reconciliation of NEP's basic and diluted loss per unit for the three months ended March 31, 2020 and 2019 is as follows: Three Months Ended March 31, 2020 2019 (millions, except per unit amounts) Numerator: Net loss attributable to NEP – basic $ (222) $ (22) Adjustments for convertible notes and preferred units (a) — — Net loss attributable to NEP used to compute diluted loss per unit $ (222) $ (22) Denominator: Weighted-average number of common units outstanding – basic 65.5 56.1 Effect of dilutive convertible notes and preferred units (a) — — Weighted-average number of common units outstanding and assumed conversions 65.5 56.1 Loss per unit attributable to NEP: Basic $ (3.39) $ (0.38) Assuming dilution $ (3.39) $ (0.38) ———————————— (a) Due to the net losses incurred during the three months ended March 31, 2020 and 2019, the weighted-average number of common units issuable pursuant to the convertible notes and preferred units totaling approximately 10.3 million and 19.7 million, respectively, were not included in the calculation of diluted loss per unit due to their antidilutive effect.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Schedule of accumulated other comprehensive income (loss)	Accumulated Other Comprehensive Income (Loss) Net Unrealized Other Comprehensive Total (millions) Balances, December 31, 2019 $ — $ (22) $ (22) Net other comprehensive income (loss) — — — Balances, March 31, 2020 $ — $ (22) $ (22) AOCI attributable to noncontrolling interest $ — $ (14) $ (14) AOCI attributable to NEP $ — $ (8) $ (8) Accumulated Other Comprehensive Income (Loss) Net Unrealized Other Comprehensive Income (Loss) Related to Equity Method Investee Total (millions) Balances, December 31, 2018 $ 6 $ (24) $ (18) Amounts reclassified from AOCI to interest expense (6) — (6) Other comprehensive income related to equity method investee — 1 1 Net other comprehensive income (loss) (6) 1 (5) Balances, March 31, 2019 $ — $ (23) $ (23) AOCI attributable to noncontrolling interest $ — $ (15) $ (15) AOCI attributable to NEP $ — $ (8) $ (8)

Summary of Significant Accoun_2

Summary of Significant Accounting and Reporting Policies (Tables)	3 Months Ended
	Mar. 31, 2020
Non-controlling Interests [Member]
Noncontrolling Interest [Line Items]
Schedule of Noncontrolling Interest	Details of the activity in noncontrolling interests are below: Class B Noncontrolling Ownership Interests Differential Membership Interests NEER's Noncontrolling Ownership Interests in NEP OpCo and Silver State Other Noncontrolling Ownership Interests Total Noncontrolling Three months ended March 31, 2020 (millions) Balances, December 31, 2019 $ 2,628 $ 1,798 $ 389 $ 68 $ 4,883 Net income (loss) attributable to NCI 52 (71) (459) (22) (500) Related party contributions — — — 3 3 Related party distributions — — (60) (2) (62) Differential membership investment contributions, net of distributions — 40 — — 40 Payments to Class B noncontrolling interest investors (10) — — — (10) Balances, March 31, 2020 $ 2,670 $ 1,767 $ (130) $ 47 $ 4,354 Class B Noncontrolling Ownership Interests Differential Membership Interests NEER's Noncontrolling Ownership Interests in NEP OpCo and Silver State Other Noncontrolling Ownership Interests Total Noncontrolling Three months ended March 31, 2019 (millions) Balances, December 31, 2018 $ 751 $ 2,019 $ 342 $ 80 $ 3,192 Net income (loss) attributable to NCI 12 (60) (50) (7) (105) Other comprehensive loss — — (3) — (3) Related party contributions — — 1 — 1 Related party distributions — — (50) (1) (51) Changes in non-economic ownership interests — — — (6) (6) Differential membership investment contributions, net of distributions — 24 — — 24 Payments to Class B noncontrolling interest investors (5) — — — (5) Other — — 1 — 1 Balances, March 31, 2019 $ 758 $ 1,983 $ 241 $ 66 $ 3,048

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details)	1 Months Ended
	Nov. 30, 2019mi	Jun. 11, 2019solar_generation_facilityMW
Ashtabula Wind II, LLC [Member]
Business Acquisition [Line Items]
Membership interests acquired		100.00%
Generation facility capacity (mw)		120
Garden Wind, LLC [Member]
Business Acquisition [Line Items]
Membership interests acquired		100.00%
Generation facility capacity (mw)		150
White Oak Energy Holdings, LLC [Member]
Business Acquisition [Line Items]
Membership interests acquired		100.00%
White Oak Energy LLC [Member]
Business Acquisition [Line Items]
Membership interests acquired		100.00%
Generation facility capacity (mw)		150
Rosmar Holdings, LLC [Member]
Business Acquisition [Line Items]
Membership interests acquired		100.00%
Generation facility capacity (mw)		132
Rosmar Holdings, LLC [Member] | Marshall And Roswell [Member]
Business Acquisition [Line Items]
Noncontrolling ownership interest		49.99%
Number of solar generation facilities | solar_generation_facility		2
Silver State South Solar, LLC [Member]
Business Acquisition [Line Items]
Membership interests acquired		49.99%
Generation facility capacity (mw)		250
Meade Pipeline Co LLC [Member] | Central Penn Line [Member]
Business Acquisition [Line Items]
Length Of Natural Gas Pipeline | mi	185
Meade Pipeline Co LLC [Member] | Central Penn Line [Member] | Meade Pipeline Investment, LLC [Member]
Business Acquisition [Line Items]
Noncontrolling ownership interest	39.20%
Meade Pipeline Co LLC [Member] | Central Penn Line [Member] | Central Penn Line [Member]
Business Acquisition [Line Items]
Noncontrolling ownership interest	40.00%

Revenue (Details)

Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Renewable Energy Sales [Member]
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	$ 151	$ 125
Revenues over the remaining terms of the related contacts	209
Natural Gas Transportation Services [Member]
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	54	$ 52
Revenues over the remaining terms of the related contacts	$ 2,000

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Tax Disclosure [Abstract]
Effective tax rate (as a percent)	9.00%	5.00%
Taxes attributable to the noncontrolling interests	$ 105	$ 21

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured on a Recurring Basis (Details) - Recurring Basis [Member] - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Assets:
Cash equivalents	$ 11	$ 16
Restricted cash equivalents	5	0
Interest rate contracts	54	9
Total assets	70	25
Liabilities:
Interest rate contracts	1,268	427
Total liabilities	1,268	427
Level 1 [Member]
Assets:
Cash equivalents	11	16
Restricted cash equivalents	5	0
Interest rate contracts	0	0
Total assets	16	16
Liabilities:
Interest rate contracts	0	0
Total liabilities	0	0
Level 2 [Member]
Assets:
Cash equivalents	0	0
Restricted cash equivalents	0	0
Interest rate contracts	54	9
Total assets	54	9
Liabilities:
Interest rate contracts	1,268	427
Total liabilities	$ 1,268	$ 427

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Value and Fair Value of Other Financial Instruments (Details) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, including current maturities	$ 4,192	$ 4,144
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, including current maturities	4,122	4,235
Level 2 [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, including current maturities	$ 4,098	$ 4,211

Derivative Instruments and He_3

Derivative Instruments and Hedging Activity - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2020	Dec. 31, 2019
Derivative [Line Items]
Derivative Instruments with Contingent Features Liabilities, at Fair Value		$ 1,147	$ 420
Interest Rate Swap [Member]
Derivative [Line Items]
Notional amount		$ 7,071	$ 6,859
Interest Rate Contract [Member]
Derivative [Line Items]
Gains reclassified from AOCI to interest expense	$ 6

Derivative Instruments and He_4

Derivative Instruments and Hedging Activity - Fair Value of Derivative Instruments Included in Balance Sheets (Details) - Cash Flow Hedges [Member] - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Derivatives, Fair Value [Line Items]
Assets	$ 0	$ 0
Liabilities	1,214	418
Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Assets	0	0
Other Noncurrent Assets [Member]
Derivatives, Fair Value [Line Items]
Assets	0	0
Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Liabilities	15	1
Derivatives [Member]
Derivatives, Fair Value [Line Items]
Liabilities	1,199	417
Interest Rate Contract [Member]
Derivatives, Fair Value [Line Items]
Assets	0	0
Liabilities	1,214	418
Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
Derivatives, Fair Value [Line Items]
Assets	54	9
Liabilities	$ 1,268	$ 427

Derivative Instruments and He_5

Derivative Instruments and Hedging Activity - Gains (Losses) Related to Cash Flow Hedges (Details) - Interest Rate Contract [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Gains reclassified from AOCI to interest expense		$ 6
Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains reclassified from AOCI to interest expense	$ 0	6
Interest Expense [Member] | Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Losses recognized in interest expense	$ (795)	$ (118)

Variable Interest Entities (Det

Variable Interest Entities (Details) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)equity_investmentelectric_generation_facilityvariable_interest_entityMWshares	Dec. 31, 2019USD ($)
Variable Interest Entity [Line Items]
Assets	$ 12,321	$ 12,256
Liabilities	$ 6,042	5,190
Subsidiaries [Member]
Variable Interest Entity [Line Items]
Number of investments | equity_investment	3
Generation facility capacity (mw) | MW	277
Economic rights percentage	100.00%
NEP OpCo [Member]
Variable Interest Entity [Line Items]
Ownership interests percentage	50.00%
Noncurrent assets	$ 10	11
Noncurrent liabilities	$ 29	7
Differential Membership Interests [Member]
Variable Interest Entity [Line Items]
Number of entities consolidated | variable_interest_entity	12
Number of investments | electric_generation_facility	20
Differential Membership Interests [Member] | Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Assets	$ 4,768	4,814
Liabilities	$ 112	122
Class B Units, Series 1 [Member] | NextEra Energy Partners, LP [Member] | NEP OpCo [Member]
Variable Interest Entity [Line Items]
Number of units issued (in units) | shares	1,000,000
Class B Units, Series 2 [Member] | NextEra Energy Partners, LP [Member] | NEP OpCo [Member]
Variable Interest Entity [Line Items]
Number of units issued (in units) | shares	1,000,000
NEP Subsidiaries [Member] | Noncontrolling Class B interests [Member] | Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Number of entities consolidated | variable_interest_entity	4
Assets	$ 7,876	7,900
Liabilities	$ 1,584	1,448
Rosmar, Silver State and Meade [Member] | Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Number of entities consolidated | variable_interest_entity	3
Other Acquisitions [Member] | Differential Membership And Noncontrolling Class B Interests [Member] | Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Assets	$ 2,106	2,122
Liabilities	$ 51	$ 53
NEP OpCo [Member]
Variable Interest Entity [Line Items]
Limited partner interest percentage	39.20%
Noncontrolling limited partner interest percentage	60.80%

Capitalization - Schedule of De

Capitalization - Schedule of Debt (Details)	Mar. 31, 2020USD ($)
Line of Credit [Member] | Revolving Credit Facility Due 2024 [Member]
Debt Instrument [Line Items]
Long-term Debt	$ 550,000,000
NEP OpCo [Member] | Line of Credit [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
NEP OpCo senior secured revolving credit facility	50,000,000
NEP OpCo [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Senior secured limited-recourse debt	7,000,000
Long-term Debt	829,000,000
NEP OpCo [Member] | Letter of Credit [Member] | Revolving Credit Facility Due 2024 [Member]
Debt Instrument [Line Items]
Total amount of letters of credit	$ 122,000,000

Capitalization - Narrative (Det

Capitalization - Narrative (Details)	Apr. 21, 2020$ / shares
Subsequent Event [Member]
Class of Stock [Line Items]
Distribution made to limited partner, distributions declared, per unit (in dollars per share)	$ 0.555

Capitalization - Schedule of Ea

Capitalization - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Numerator:
Net loss attributable to NEP – basic	$ (222)	$ (22)
Adjustments for convertible notes and preferred units(a)	0	0
Net loss attributable to NEP used to compute diluted loss per unit	$ (222)	$ (22)
Denominator:
Weighted average number of common units outstanding - basic (in shares)	65.5	56.1
Convertible notes and preferred units (in shares)	0	0
Weighted-average number of common units outstanding – assuming dilution (in shares)	65.5	56.1
Loss per unit attributable to NEP:
Basic (in shares)	$ (3.39)	$ (0.38)
Assuming dilution (in shares)	$ (3.39)	$ (0.38)
Antidilutive shares (in shares)	10.3	19.7

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	$ 7,066,000	$ 5,538,000
Amounts reclassified from AOCI to interest expense		(6,000)
Other comprehensive income (loss)		1,000
Total other comprehensive loss, net of tax	0	(5,000)
Ending balance	6,279,000	5,345,000
Noncontrolling interests	4,354,000		$ 4,883,000
Total
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(22,000)	(18,000)
Ending balance	(22,000)	(23,000)
Net Unrealized Gains (Losses) on Cash Flow Hedges [Member]
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	0	6,000
Amounts reclassified from AOCI to interest expense		(6,000)
Other comprehensive income (loss)		0
Total other comprehensive loss, net of tax	0	(6,000)
Ending balance	0	0
Noncontrolling interests	0	0
AOCI attributable to NEP	0	0
Other Comprehensive Income (Loss) Related to Equity Method Investee [Member]
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(22,000)	(24,000)
Amounts reclassified from AOCI to interest expense		0
Other comprehensive income (loss)		1,000
Total other comprehensive loss, net of tax	0	1,000
Ending balance	(22,000)	(23,000)
Noncontrolling interests	(14,000)	(15,000)
AOCI attributable to NEP	(8,000)	(8,000)
Total Attributable to Noncontrolling Interest [Member]
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Noncontrolling interests	(14,000)	(15,000)
Total Attributable to Parent [Member]
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
AOCI attributable to NEP	$ (8,000)	$ (8,000)

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Related Party Transaction [Line Items]
Due from related parties	$ 68		$ 17
Revenue from related parties	4	$ 1
Transportation and Fuel Management Agreement [Member]
Related Party Transaction [Line Items]
Revenue from related parties	4	1
NextEra Energy, Inc. [Member] | Management Services Agreement [Member]
Related Party Transaction [Line Items]
Expenses from transactions with related party	(26)	(22)
NEER [Member] | Cash Sweep and Credit Support Agreement [Member]
Related Party Transaction [Line Items]
Interest expense	(1)	$ (1)
Due from related parties	$ 60		$ 12
NEP OpCo [Member] | NextEra Energy, Inc. [Member] | Management Services Agreement [Member]
Related Party Transaction [Line Items]
Management fee, percent of EBITDA	1.00%
Annual management fee	$ 4
Related Party Transaction, Additional Management Fee, Threshold, Prior Year EBITDA	4
NEER [Member] | Guarantees [Member]
Related Party Transaction [Line Items]
Related party obligations	11
NextEra Energy Capital Holdings [Member] | Guarantees and Letters of Credit [Member]
Related Party Transaction [Line Items]
Total amount of letters of credit	$ 645

Summary of Significant Accoun_3

Summary of Significant Accounting and Reporting Policies - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)pipeline	Dec. 31, 2019USD ($)
Property, Plant and Equipment [Line Items]
Restricted cash, current | $	$ 8	$ 3
Non Affiliated Party [Member]
Property, Plant and Equipment [Line Items]
Number Of Pipelines | pipeline	1
NEP OpCo [Member]
Property, Plant and Equipment [Line Items]
Noncontrolling ownership interest	60.80%
NEP OpCo [Member] | Non Affiliated Party [Member]
Property, Plant and Equipment [Line Items]
Noncontrolling ownership interest	10.00%
Silver State [Member]
Property, Plant and Equipment [Line Items]
Noncontrolling ownership interest	50.00%

Summary of Significant Accoun_4

Summary of Significant Accounting and Reporting Policies - Noncontrolling Interests (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Balances, beginning of period	$ 4,883,000
Net income (loss) attributable to NCI	(500,000)	$ (105,000)
Related party contributions	3,000	1,000
Related party distributions	(62,000)	(51,000)
Changes in non-economic ownership interests		(6,000)
Payments to Class B noncontrolling interests investors	(10,000)	(5,000)
Other	(1,000)	1,000
Balances, end of period	4,354,000
Noncontrolling Ownership Interests In NEP OpCo Subsidiary [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Balances, beginning of period	2,628,000	751,000
Net income (loss) attributable to NCI	52,000	12,000
Payments to Class B noncontrolling interests investors	(10,000)	(5,000)
Balances, end of period	2,670,000	758,000
Differential Membership Interests [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Balances, beginning of period	1,798,000	2,019,000
Net income (loss) attributable to NCI	(71,000)	(60,000)
Differential membership interests contributions, net of distributions	40,000	24,000
Balances, end of period	1,767,000	1,983,000
Noncontrolling Ownership Interests in NEP OpCo, Texas Pipeline and Silver State [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Balances, beginning of period	389,000	342,000
Net income (loss) attributable to NCI	(459,000)	(50,000)
Other comprehensive income (loss)		(3,000)
Related party contributions		1,000
Related party distributions	(60,000)	(50,000)
Other		1,000
Balances, end of period	(130,000)	241,000
Other Noncontrolling Interest [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Balances, beginning of period	68,000	80,000
Net income (loss) attributable to NCI	(22,000)	(7,000)
Other comprehensive income (loss)		0
Related party contributions	3,000
Related party distributions	(2,000)	(1,000)
Changes in non-economic ownership interests		(6,000)
Balances, end of period	47,000	66,000
Non-controlling Interests [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Balances, beginning of period	4,883,000	3,192,000
Net income (loss) attributable to NCI	(500,000)	(105,000)
Other comprehensive income (loss)		(3,000)
Related party contributions	3,000	1,000
Related party distributions	(62,000)	(51,000)
Changes in non-economic ownership interests		(6,000)
Differential membership interests contributions, net of distributions	40,000	24,000
Payments to Class B noncontrolling interests investors	(10,000)	(5,000)
Other		1,000
Balances, end of period	$ 4,354,000	$ 3,048,000

Commitments and Contingencies (

Commitments and Contingencies (Details)	3 Months Ended
	Mar. 31, 2020USD ($)
Loss Contingencies [Line Items]
Payments to acquire projects	$ 101,000,000
Remaining commitments	253,000,000
Net income attributable to NEP from PPAs	3,000,000
Debt defaulted	25,000,000
Impairment adjustment	0
Cash distributions not made	51,000,000
NEER [Member]
Loss Contingencies [Line Items]
Payments to acquire projects	$ 36,000,000