Florida Power & Light 10-Q 2014 Q3 Quarterly report

Exhibit 12(a)

NEXTERA ENERGY, INC. AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND

RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS^(a) 

	Nine Months Ended   September 30, 2014
	(millions of dollars)
Earnings, as defined:
Income from continuing operations	$	1,585
Income taxes	723
Fixed charges included in the determination of income from continuing operations, as below	992
Amortization of capitalized interest	29
Distributed income of equity method investees	26
Less:  Equity in earnings of equity method investees	60
Total earnings, as defined	$	3,295
Fixed charges, as defined:
Interest expense	$	940
Rental interest factor	41
Allowance for borrowed funds used during construction	11
Fixed charges included in the determination of income from continuing operations	992
Capitalized interest	88
Total fixed charges, as defined	$	1,080
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends(a)	3.05

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(a) NextEra Energy, Inc. has no preference equity securities outstanding; therefore, the ratio of earnings to fixed charges is the same as the ratio of earnings to combined fixed charges and preferred stock dividends.