Florida Power & Light 10-Q 23 Apr 20 2020 Q1 Quarterly report Financial data

Document Entity Information

Document Entity Information	3 Months Ended
	Mar. 31, 2020shares
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2020
Document Transition Report	false
Entity File Number	1-8841
Entity Tax Identification Number	59-2449419
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	FL
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	489,450,050
Entity Registrant Name	NEXTERA ENERGY INC
Entity Central Index Key	0000753308
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Amendment Flag	false
Common Stock [Member]
Entity Information [Line Items]
Title of 12(b) Security	Common Stock, $0.01 Par Value
Trading Symbol	NEE
Security Exchange Name	NYSE
Corporate Units [Member]
Entity Information [Line Items]
Title of 12(b) Security	4.872% Corporate Units
Trading Symbol	NEE.PRO
Security Exchange Name	NYSE
Corporate Units 5.279% [Member]
Entity Information [Line Items]
Title of 12(b) Security	5.279% Corporate Units
Trading Symbol	NEE.PRP
Security Exchange Name	NYSE
FPL [Member]
Entity Information [Line Items]
Entity File Number	2-27612
Entity Tax Identification Number	59-0247775
Entity Incorporation, State or Country Code	FL
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	1,000
Entity Registrant Name	FLORIDA POWER & LIGHT CO
Entity Central Index Key	0000037634
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
OPERATING REVENUES		$ 4,613	$ 4,075
OPERATING EXPENSES (INCOME)
Fuel, purchased power and interchange		821	967
Other operations and maintenance		830	815
Depreciation and amortization		848	772
Gains on disposal of businesses/assets - net		(273)	(26)
Taxes other than income taxes and other - net		406	412
Total operating expenses - net		2,632	2,940
OPERATING INCOME		1,981	1,135
OTHER INCOME (DEDUCTIONS)
Interest expense		(1,311)	(714)
Equity in earnings (losses) of equity method investees		(390)	16
Allowance for equity funds used during construction		22	26
Interest income		13	12
Gains on disposal of investments and other property - net		24	23
Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds - net		(328)	117
Other net periodic benefit income		52	51
Other - net		10	14
Total other income (deductions) - net		(1,908)	(455)
INCOME BEFORE INCOME TAXES		73	680
INCOME TAX EXPENSE (BENEFIT)		(235)	74
Net Income (Loss)		308	606
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS		113	74
Net Income (Loss) Attributable to Parent		$ 421	$ 680
Earnings per share of common stock:
Basic (in dollars per share)		$ 0.86	$ 1.42
Assuming dilution (in dollars per share)		$ 0.86	$ 1.41
FPL [Member]
OPERATING REVENUES		$ 2,540	$ 2,618
OPERATING EXPENSES (INCOME)
Fuel, purchased power and interchange		586	729
Other operations and maintenance		317	340
Depreciation and amortization		402	375
Taxes other than income taxes and other - net		320	317
Total operating expenses - net		1,625	1,761
OPERATING INCOME		915	857
OTHER INCOME (DEDUCTIONS)
Interest expense		(152)	(139)
Allowance for equity funds used during construction		16	24
Other - net		0	2
Total other income (deductions) - net		(136)	(113)
INCOME BEFORE INCOME TAXES		779	744
INCOME TAX EXPENSE (BENEFIT)		137	156
Net Income (Loss)	[1]	$ 642	$ 588
[1]	FPL's comprehensive income is the same as reported net income.

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
NET INCOME	$ 308	$ 606
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX
Reclassification of unrealized losses on cash flow hedges from accumulated other comprehensive income (loss) to net income	2	10
Net unrealized gains (losses) on available for sale securities:
Net unrealized gains (losses) on securities still held	(8)	8
Reclassification from accumulated other comprehensive income (loss) to net income	(1)	2
Net unrealized gain (loss) and unrecognized prior service benefit (cost)	0	(52)
Reclassification from accumulated other comprehensive income (loss) to net income	3	(1)
Net unrealized gains (losses) on foreign currency translation	(35)	10
Other comprehensive income (loss) related to equity method investees	0	(1)
Total other comprehensive loss, net of tax	(39)	(24)
IMPACT OF DISPOSAL OF A BUSINESS (NET OF $19 TAX BENEFIT)	10	0
COMPREHENSIVE INCOME	279	582
COMPREHENSIVE LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS	119	74
COMPREHENSIVE INCOME ATTRIBUTABLE TO NEE	$ 398	$ 656

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Tax expense (benefit) on cash flow hedges reclassified from AOCI to net income	$ (1)	$ 3
Tax expense (benefit) of unrealized gains/losses on available for sale securities still held	(4)	3
Tax expense (benefit) on available for sale securities reclassified from AOCI to net income	1	1
Tax expense (benefit) of defined benefit pension and other benefits plans	0	(16)
Tax expense (benefit) of defined benefit pension and other benefits plans reclassified from AOCI to net income	1	(1)
Tax expense (benefit) of other comprehensive income (loss) related to equity method investees	0	(1)
Tax benefit of disposal of a business	$ 19	$ 0

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
PROPERTY, PLANT AND EQUIPMENT
Electric plant in service and other property	$ 97,717	$ 96,093
Nuclear fuel	1,839	1,755
Construction work in progress	10,201	9,330
Accumulated depreciation and amortization	(25,884)	(25,168)
Total property, plant and equipment - net	83,873	82,010
CURRENT ASSETS
Cash and cash equivalents	3,335	600
Customer receivables, net of allowances	2,068	2,282
Other receivables	553	525
Materials, supplies and fossil fuel inventory	1,371	1,328
Regulatory assets	349	335
Derivatives	994	762
Other	1,055	1,576
Total current assets	9,725	7,408
OTHER ASSETS
Special use funds	6,113	6,954
Investment in equity method investees	6,862	7,453
Prepaid benefit costs	1,471	1,437
Regulatory assets	3,246	3,287
Derivatives	1,936	1,624
Goodwill	4,201	4,204
Other	3,210	3,314
Total other assets	27,039	28,273
TOTAL ASSETS	120,637	117,691
CAPITALIZATION
Common stock	5	5
Additional paid-in capital	11,668	11,970
Retained earnings	24,922	25,199
Accumulated other comprehensive loss	(192)	(169)
Total common shareholders' equity	36,403	37,005
Noncontrolling interests	4,472	4,355
Total equity	40,875	41,360
Redeemable noncontrolling interests	238	487
Long-term debt	41,116	37,543
Total capitalization	82,229	79,390
CURRENT LIABILITIES
Commercial paper	1,576	2,516
Other short-term debt	2,025	400
Current portion of long-term debt	2,489	2,124
Accounts payable	3,350	3,631
Customer deposits	502	499
Accrued interest and taxes	711	558
Derivatives	448	344
Accrued construction-related expenditures	887	1,152
Regulatory liabilities	312	320
Other	1,422	2,309
Total current liabilities	13,722	13,853
OTHER LIABILITIES AND DEFERRED CREDITS
Asset retirement obligations	3,479	3,457
Deferred income taxes	8,082	8,361
Regulatory liabilities	9,282	9,936
Derivatives	1,856	863
Other	1,987	1,831
Total other liabilities and deferred credits	24,686	24,448
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES	120,637	117,691
FPL [Member]
ELECTRIC UTILITY PLANT AND OTHER PROPERTY
Plant in service and other property	55,481	54,523
Nuclear fuel	1,221	1,153
Construction work in progress	3,326	3,351
Accumulated depreciation and amortization	(14,232)	(13,953)
Total electric utility plant and other property - net	45,796	45,074
CURRENT ASSETS
Cash and cash equivalents	1,001	77
Customer receivables, net of allowances	963	1,024
Other receivables	359	333
Materials, supplies and fossil fuel inventory	754	722
Regulatory assets	237	227
Other	180	136
Total current assets	3,494	2,519
OTHER ASSETS
Special use funds	4,236	4,771
Prepaid benefit costs	1,496	1,477
Regulatory assets	2,506	2,549
Goodwill	300	300
Other	489	498
Total other assets	9,027	9,595
TOTAL ASSETS	58,317	57,188
CAPITALIZATION
Common stock	1,373	1,373
Additional paid-in capital	12,051	10,851
Retained earnings	9,816	9,174
Total equity	23,240	21,398
Long-term debt	15,401	14,131
Total capitalization	38,641	35,529
CURRENT LIABILITIES
Commercial paper	210	1,482
Current portion of long-term debt	21	30
Accounts payable	722	768
Customer deposits	461	459
Accrued interest and taxes	415	266
Accrued construction-related expenditures	288	426
Regulatory liabilities	283	284
Other	422	510
Total current liabilities	2,822	4,225
OTHER LIABILITIES AND DEFERRED CREDITS
Asset retirement obligations	2,293	2,268
Deferred income taxes	5,534	5,415
Regulatory liabilities	8,622	9,296
Other	405	455
Total other liabilities and deferred credits	16,854	17,434
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES	$ 58,317	$ 57,188

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Total property, plant and equipment - net	$ 83,873	$ 82,010
Customer receivables, allowances	19	19
Long-term debt	41,116	37,543
Current portion of long-term debt	$ 2,489	$ 2,124
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	800,000,000	800,000,000
Common stock, shares, outstanding (in shares)	489,000,000	489,000,000
Related to VIEs [Member]
Total property, plant and equipment - net	$ 11,916	$ 11,893
Noncontrolling interest in variable interest entity	4,467	4,350
Long-term debt	490	498
Current portion of long-term debt	27	27
FPL [Member]
Customer receivables, allowances	5	3
Long-term debt	15,401	14,131
Current portion of long-term debt	$ 21	$ 30
Common stock, no par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	1,000	1,000
Common stock, shares, outstanding (in shares)	1,000	1,000
Common stock, shares, issued (in shares)	1,000	1,000

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income		$ 308	$ 606
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization		848	772
Nuclear fuel and other amortization		74	90
Unrealized losses on marked to market derivative contracts – net		563	386
Foreign currency transaction gains		(39)	(5)
Deferred income taxes		(180)	220
Cost recovery clauses and franchise fees		(10)	(41)
Equity in earnings of equity method investees		390	(16)
Distributions of earnings from equity method investees		100	84
Gains on disposal of businesses, assets and investments – net		(297)	(49)
Other - net		311	(112)
Changes in operating assets and liabilities:
Current assets		142	283
Noncurrent assets		(56)	(123)
Current liabilities		(245)	(514)
Noncurrent liabilities		(15)	16
Net cash provided by operating activities		1,894	1,597
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures of FPL		(1,394)	(1,104)
Acquisition and capital expenditures of Gulf Power		(340)	(4,551)
Independent power and other investments of NEER		(1,492)	(1,162)
Nuclear fuel purchases		(57)	(97)
Other capital expenditures, acquisitions and other investments		(1)	(115)
Proceeds from sale or maturity of securities in special use funds		1,081	966
Purchases of securities in special use funds		(1,084)	(1,019)
Other - net		152	137
Net cash used in investing activities		(3,135)	(6,945)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of long-term debt		4,354	2,768
Retirements of long-term debt		(312)	(166)
Net change in commercial paper		(940)	(448)
Proceeds from other short-term debt		1,625	0
Repayments of other short-term debt		0	(50)
Payments from (to) related parties under a cash sweep and credit support agreement – net		48	(24)
Issuances of common stock/equity units - net		(57)
Issuances of common stock/equity units - net			20
Dividends		(685)	(598)
Other - net		(72)	(75)
Net cash provided by (used in) financing activities		3,961	1,427
Effects of currency translation on cash, cash equivalents and restricted cash		6	9
Net increase (decrease) in cash, cash equivalents and restricted cash		2,726	(3,912)
Cash, cash equivalents and restricted cash at beginning of period		1,108	5,253
Cash, cash equivalents and restricted cash at end of period		3,834	1,341
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES
Accrued property additions		3,194	1,874
Increase in property, plant and equipment related to an acquisition		353	0
Decrease in joint venture investments related to an acquisition		145	0
FPL [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	[1]	642	588
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization		402	375
Nuclear fuel and other amortization		42	45
Deferred income taxes		212	203
Cost recovery clauses and franchise fees		0	(27)
Other - net		(16)	10
Changes in operating assets and liabilities:
Current assets		36	(35)
Noncurrent assets		(23)	(19)
Current liabilities		(53)	31
Noncurrent liabilities		(31)	(35)
Net cash provided by operating activities		1,211	1,136
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures of FPL		(1,394)	(1,104)
Nuclear fuel purchases		(42)	(36)
Proceeds from sale or maturity of securities in special use funds		657	562
Purchases of securities in special use funds		(666)	(596)
Other - net		(13)	1
Net cash used in investing activities		(1,458)	(1,173)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of long-term debt		1,558	643
Retirements of long-term debt		(284)	(39)
Net change in commercial paper		(1,271)	(860)
Capital contributions from NEE		1,200	250
Other - net		(18)	(12)
Net cash provided by (used in) financing activities		1,185	(18)
Net increase (decrease) in cash, cash equivalents and restricted cash		938	(55)
Cash, cash equivalents and restricted cash at beginning of period		195	254
Cash, cash equivalents and restricted cash at end of period		1,133	199
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES
Accrued property additions		$ 552	$ 585
[1]	FPL's comprehensive income is the same as reported net income.

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Millions		Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings [Member]	Total Common Shareholders' Equity Parent [Member]	Noncontrolling Interest [Member]	FPL [Member]		FPL [Member]Common Stock [Member]	FPL [Member]Additional Paid-in Capital [Member]	FPL [Member]Retained Earnings [Member]
Beginning Balance (in shares) at Dec. 31, 2018			478,000,000
Beginning Balance at Dec. 31, 2018		$ 37,413	$ 5	$ 10,490	$ (188)	$ 23,837	$ 34,144	$ 3,269	$ 21,014		$ 1,373	$ 10,601	$ 9,040
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (loss)		606				680	680	(74)	588	[1]			588
Share-based payment activity (in shares)			1,000,000
Share-based payment activity				30			30
Dividends on common stock	[2]					(598)	(598)
Other comprehensive income (loss)		(24)			(24)		(24)
Impact of disposal of a business		0
Other differential membership interests activity								389
Capital contributions from NEE									250			250
Other				(5)	(1)	0	(6)	30				1	0
Ending Balance (in shares) at Mar. 31, 2019			479,000,000
Ending Balance at Mar. 31, 2019		$ 37,840	$ 5	10,515	(213)	23,919	34,226	3,614	$ 21,853		1,373	10,852	9,628
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends per share of common stock (in dollars per share)		$ 1.25
Beginning Balance (in shares) at Dec. 31, 2019		489,000,000	489,000,000						1,000
Beginning Balance at Dec. 31, 2019		$ 41,360	$ 5	11,970	(169)	25,199	37,005	4,355	$ 21,398		1,373	10,851	9,174
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (loss)		308				421	421	(112)	642	[1]			642
Premium on equity units				(253)			(253)
Share-based payment activity (in shares)			0
Share-based payment activity				4			4
Dividends on common stock	[3]					(685)	(685)
Other comprehensive income (loss)		(39)			(33)		(33)	(6)
Stock Issued During Period, Value, New Issues				(51)			(51)
Impact of disposal of a business		$ 10			10		10	0
Other differential membership interests activity				(2)			(2)	219
Capital contributions from NEE									$ 1,200			1,200
Other				0	0	(2)	(2)	16
Ending Balance (in shares) at Mar. 31, 2020		489,000,000	489,000,000						1,000
Ending Balance at Mar. 31, 2020		$ 40,875	$ 5	$ 11,668	$ (192)	$ 24,922	$ 36,403	$ 4,472	$ 23,240		$ 1,373	$ 12,051	$ 9,816
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends per share of common stock (in dollars per share)		$ 1.40
[1]	FPL's comprehensive income is the same as reported net income.
[2]	Dividends per share were $1.25 for the three months ended March 31, 2019 .
[3]	Dividends per share were $1.40 for the three months ended March 31, 2020 .

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue from Contracts with Customers FPL and NEER generate substantially all of NEE’s operating revenues, which primarily include revenues from contracts with customers, as well as derivative and lease transactions at NEER. For the vast majority of contracts with customers, NEE believes that the obligation to deliver energy, capacity or transmission is satisfied over time as the customer simultaneously receives and consumes benefits as NEE performs. NEE’s revenue from contracts with customers was approximately $3.9 billion ( $2.5 billion at FPL) and $3.8 billion ( $2.6 billion at FPL) for the three months ended March 31, 2020 and 2019 , respectively. NEE's and FPL's receivables are primarily associated with revenues earned from contracts with customers, as well as derivative and lease transactions at NEER, and consist of both billed and unbilled amounts, which are recorded in customer receivables and other receivables on NEE's and FPL's condensed consolidated balance sheets. Receivables represent unconditional rights to consideration and reflect the differences in timing of revenue recognition and cash collections. For substantially all of NEE's and FPL'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. FPL - FPL’s revenues are derived primarily from tariff-based sales that result from providing electricity to retail customers in Florida with no defined contractual term. Electricity sales to retail customers account for approximately 90% of FPL’s operating revenues, the majority of which are to residential customers. FPL’s retail customers receive a bill monthly based on the amount of monthly kWh usage with payment due monthly. For these types of sales, FPL recognizes revenue as electricity is delivered and billed to customers, as well as an estimate for electricity delivered and not yet billed. The billed and unbilled amounts represent the value of electricity delivered to the customer. At March 31, 2020 and December 31, 2019 , FPL's unbilled revenues amounted to approximately $434 million and $389 million , respectively, and are included in customer receivables on NEE's and FPL's condensed consolidated balance sheets. NEER - NEER’s revenue from contracts with customers is derived primarily from the sale of energy commodities, electric capacity and electric transmission. For these types of sales, NEER recognizes revenue as energy commodities are delivered and as electric capacity and electric transmission are made available, consistent with the amounts billed to customers based on rates stipulated in the respective contracts as well as an accrual for amounts earned but not yet billed. The amounts billed and accrued represent the value of energy or transmission delivered and/or the capacity of energy or transmission available to the customer. Revenues yet to be earned under these contracts, which have maturity dates ranging from 2020 to 2053 , will vary based on the volume of energy or transmission delivered and/or available. NEER’s customers typically receive bills monthly with payment due within 30 days. Certain contracts with customers contain a fixed price which primarily relate to electric capacity sales associated with ISO annual auctions through 2024 and certain power purchase agreements with maturity dates through 2034. At March 31, 2020 , NEER expects to record approximately $965 million of revenues related to the fixed price components of such contracts over the remaining terms of the related contracts as the capacity is provided.

NEP NEP

NEP NEP	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NEP	NEP NextEra Energy Resources provides management, administrative and transportation and fuel management services to NEP and its subsidiaries under various agreements (service agreements). NextEra Energy Resources is also party to a cash sweep and credit support (CSCS) agreement with a subsidiary of NEP. At March 31, 2020 and December 31, 2019 , the cash sweep amounts (due to NEP and its subsidiaries) held in accounts belonging to NextEra Energy Resources or its subsidiaries were approximately $60 million and $12 million , respectively, and are included in accounts payable. Fee income totaling approximately $28 million and $24 million for the three months ended March 31, 2020 and 2019 , respectively, related to the CSCS agreement and the service agreements and is included in operating revenues in NEE's condensed consolidated statements of income. Amounts due from NEP of approximately $71 million and $53 million are included in other receivables and $32 million and $33 million are included in noncurrent other assets at March 31, 2020 and December 31, 2019 , respectively. Under the CSCS agreement, NEECH or NextEra Energy Resources guaranteed or provided indemnifications, letters of credit or surety bonds totaling approximately $656 million at March 31, 2020 primarily related to obligations on behalf of NEP's subsidiaries with maturity dates ranging from 2020 to 2059 and included certain project performance obligations, obligations under financing and interconnection agreements and obligations related to the sale of differential membership interests. Payment guarantees and related contracts with respect to unconsolidated entities for which NEE or one of its subsidiaries are the guarantor are recorded on NEE’s condensed consolidated balance sheets at fair value. At March 31, 2020 , approximately $31 million related to the fair value of the credit support provided under the CSCS agreement is recorded as noncurrent other liabilities on NEE's condensed consolidated balance sheet. Summarized financial information of NEP is as follows: Three Months Ended March 31, 2020 2019 (millions) Operating revenues $ 212 $ 177 Operating income $ 49 $ 34 Net loss $ (720 ) $ (121 ) Net loss attributable to NEP $ (222 ) $ (22 )

Employee Retirement Benefits

Employee Retirement Benefits	3 Months Ended
	Mar. 31, 2020
Retirement Benefits [Abstract]
Employee Retirement Benefits	Employee Retirement Benefits NEE sponsors a qualified noncontributory defined benefit pension plan for substantially all employees of NEE and its subsidiaries and sponsors a contributory postretirement plan for other benefits for retirees of NEE and its subsidiaries meeting certain eligibility requirements. The components of net periodic income for the plans are as follows: Pension Benefits Postretirement Benefits Three Months Ended March 31, Three Months Ended March 31, 2020 2019 2020 2019 (millions) Service cost $ 21 $ 20 $ — $ — Interest cost 23 29 2 3 Expected return on plan assets (80 ) (79 ) — — Amortization of prior service benefit — — (4 ) (4 ) Amortization of actuarial loss 4 — 1 — Special termination benefits (a) 2 — — — Net periodic income at NEE $ (30 ) $ (30 ) $ (1 ) $ (1 ) Net periodic income allocated to FPL $ (19 ) $ (18 ) $ (1 ) $ (1 ) _________________________ (a) Reflects enhanced early retirement benefits.

Derivative Instruments

Derivative Instruments	3 Months Ended
	Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments NEE and FPL use derivative instruments (primarily swaps, options, futures and forwards) to manage the physical and financial risks inherent in the purchase and sale of fuel and electricity, as well as interest rate and foreign currency exchange rate risk associated primarily with outstanding and expected future debt issuances and borrowings, and to optimize the value of NEER's power generation and gas infrastructure assets. NEE and FPL do not utilize hedge accounting for their cash flow and fair value hedges. With respect to commodities related to NEE's competitive energy business, NEER employs risk management procedures to conduct its activities related to optimizing the value of its power generation and gas infrastructure assets, providing full energy and capacity requirements services primarily to distribution utilities, and engaging in power and gas marketing and trading activities to take advantage of expected future favorable price movements and changes in the expected volatility of prices in the energy markets. These risk management activities involve the use of derivative instruments executed within prescribed limits to manage the risk associated with fluctuating commodity prices. Transactions in derivative instruments are executed on recognized exchanges or via the OTC markets, depending on the most favorable credit terms and market execution factors. For NEER's power generation and gas infrastructure assets, derivative instruments are used to hedge all or a portion of the expected output of these assets. These hedges are designed to reduce the effect of adverse changes in the wholesale forward commodity markets associated with NEER's power generation and gas infrastructure assets. With regard to full energy and capacity requirements services, NEER is required to vary the quantity of energy and related services based on the load demands of the customers served. For this type of transaction, derivative instruments are used to hedge the anticipated electricity quantities required to serve these customers and reduce the effect of unfavorable changes in the forward energy markets. Additionally, NEER takes positions in energy markets based on differences between actual forward market levels and management's view of fundamental market conditions, including supply/demand imbalances, changes in traditional flows of energy, changes in short- and long-term weather patterns and anticipated regulatory and legislative outcomes. NEER uses derivative instruments to realize value from these market dislocations, subject to strict risk management limits around market, operational and credit exposure. Derivative instruments, when required to be marked to market, are recorded on NEE's and FPL's condensed consolidated balance sheets as either an asset or liability measured at fair value. At FPL, substantially all changes in the derivatives' fair value are deferred as a regulatory asset or liability until the contracts are settled, and, upon settlement, any gains or losses are passed through the fuel clause. For NEE's non-rate regulated operations, predominantly NEER, essentially all changes in the derivatives' fair value for power purchases and sales, fuel sales and trading activities are recognized on a net basis in operating revenues and the equity method investees' related activity is recognized in equity in earnings of equity method investees in NEE's condensed consolidated statements of income. Settlement gains and losses are included within the line items in the condensed consolidated statements of income to which they relate. Transactions for which physical delivery is deemed not to have occurred are presented on a net basis in the condensed consolidated statements of income. For commodity derivatives, NEE believes that, where offsetting positions exist at the same location for the same time, the transactions are considered to have been netted and therefore physical delivery has been deemed not to have occurred for financial reporting purposes. Settlements related to derivative instruments are primarily recognized in net cash provided by operating activities in NEE's and FPL's condensed consolidated statements of cash flows. For interest rate and foreign currency derivative instruments, all changes in the derivatives' fair value, as well as the transaction gain or loss on foreign denominated debt, are recognized in interest expense and the equity method investees' related activity is recognized in equity in earnings of equity method investees in NEE's condensed consolidated statements of income. In addition, for the three months ended March 31, 2020 and March 31, 2019 , NEE reclassified from AOCI approximately $23 million ( $3 million after tax) to gains on disposal of businesses/assets - net (see Note 11 - Disposal of a Business) and $6 million ( $5 million after tax) to interest expense, respectively, because it became probable that related future transactions being hedged would not occur. At March 31, 2020 , NEE's AOCI included amounts related to discontinued interest rate cash flow hedges with expiration dates through March 2035 and foreign currency cash flow hedges with expiration dates through September 2030 . Approximately $8 million of net losses included in AOCI at March 31, 2020 are expected to be reclassified into earnings within the next 12 months as the principal and/or interest payments are made. Such amounts assume no change in scheduled principal payments. Fair Value of Derivative Instruments - The tables below present NEE's and FPL's gross derivative positions at March 31, 2020 and December 31, 2019 , as required by disclosure rules. However, the majority of the underlying contracts are subject to master netting agreements and generally would not be contractually settled on a gross basis. Therefore, the tables below also present the derivative positions on a net basis, which reflect the offsetting of positions of certain transactions within the portfolio, the contractual ability to settle contracts under master netting arrangements and the netting of margin cash collateral (see Note 5 - Recurring Fair Value Measurements for netting information), as well as the location of the net derivative position on the condensed consolidated balance sheets. March 31, 2020 Gross Basis Net Basis Assets Liabilities Assets Liabilities (millions) NEE: Commodity contracts $ 6,367 $ 4,103 $ 2,900 $ 710 Interest rate contracts 39 1,517 9 1,487 Foreign currency contracts 21 107 21 107 Total fair values $ 6,427 $ 5,727 $ 2,930 $ 2,304 FPL: Commodity contracts $ 5 $ 17 $ 3 $ 15 Net fair value by NEE balance sheet line item: Current derivative assets (a) $ 994 Noncurrent derivative assets (b) 1,936 Current derivative liabilities (c) $ 448 Noncurrent derivative liabilities 1,856 Total derivatives $ 2,930 $ 2,304 Net fair value by FPL balance sheet line item: Current other assets $ 3 Current other liabilities $ 15 Total derivatives $ 3 $ 15 ——————————————— (a) Reflects the netting of approximately $27 million in margin cash collateral received from counterparties. (b) Reflects the netting of approximately $160 million in margin cash collateral received from counterparties. (c) Reflects the netting of approximately $113 million in margin cash collateral paid to counterparties. December 31, 2019 Gross Basis Net Basis Assets Liabilities Assets Liabilities (millions) NEE: Commodity contracts $ 5,050 $ 3,201 $ 2,350 $ 576 Interest rate contracts 26 742 9 725 Foreign currency contracts 26 38 27 39 Total fair values $ 5,102 $ 3,981 $ 2,386 $ 1,340 FPL: Commodity contracts $ 4 $ 14 $ 3 $ 13 Net fair value by NEE balance sheet line item: Current derivative assets (a) $ 762 Noncurrent derivative assets (b) 1,624 Current derivative liabilities (c) $ 344 Current other liabilities (d) 133 Noncurrent derivative liabilities 863 Total derivatives $ 2,386 $ 1,340 Net fair value by FPL balance sheet line item: Current other assets $ 3 Current other liabilities $ 12 Noncurrent other liabilities 1 Total derivatives $ 3 $ 13 ——————————————— (a) Reflects the netting of approximately $2 million in margin cash collateral received from counterparties. (b) Reflects the netting of approximately $139 million in margin cash collateral received from counterparties. (c) Reflects the netting of approximately $66 million in margin cash collateral paid to counterparties. (d) See Note 11 - Disposal of a Business. At March 31, 2020 and December 31, 2019 , NEE had approximately $37 million and $10 million (none at FPL), respectively, in margin cash collateral received from counterparties that was not offset against derivative assets in the above presentation. These amounts are included in current other liabilities on NEE's condensed consolidated balance sheets. Additionally, at March 31, 2020 and December 31, 2019 , NEE had approximately $330 million and $360 million (none at FPL), respectively, in margin cash collateral paid to counterparties that was not offset against derivative assets or liabilities in the above presentation. These amounts are included in current other assets on NEE's condensed consolidated balance sheets. Income Statement Impact of Derivative Instruments - Gains (losses) related to NEE's derivatives are recorded in NEE's condensed consolidated statements of income as follows: Three Months Ended March 31, 2020 2019 (millions) Commodity contracts (a) - operating revenues $ 625 $ (4 ) Foreign currency contracts - interest expense (79 ) (19 ) Interest rate contracts - interest expense (905 ) (326 ) Losses reclassified from AOCI: Interest rate contracts (b) (25 ) (12 ) Foreign currency contracts - interest expense (1 ) (1 ) Total $ (385 ) $ (362 ) ——————————————— (a) For the three months ended March 31, 2020 and 2019, FPL recorded losses of approximately $3 million and gains of $2 million , respectively, related to commodity contracts as regulatory assets and regulatory liabilities, respectively, on its condensed consolidated balance sheets. (b) For the three months ended March 31, 2020 , approximately $23 million was reclassified to gains on disposal of businesses/assets - net (see Note 11 - Disposal of a Business); remaining balances were reclassified to interest expense on NEE's condensed consolidated statements of income. Notional Volumes of Derivative Instruments - The following table represents net notional volumes associated with derivative instruments that are required to be reported at fair value in NEE's and FPL's condensed consolidated financial statements. The table includes significant volumes of transactions that have minimal exposure to commodity price changes because they are variably priced agreements. These volumes are only an indication of the commodity exposure that is managed through the use of derivatives. They do not represent net physical asset positions or non-derivative positions and their hedges, nor do they represent NEE’s and FPL’s net economic exposure, but only the net notional derivative positions that fully or partially hedge the related asset positions. NEE and FPL had derivative commodity contracts for the following net notional volumes: March 31, 2020 December 31, 2019 Commodity Type NEE FPL NEE FPL (millions) Power (76 ) MWh 1 MWh (81 ) MWh 1 MWh Natural gas (158 ) MMBtu 283 MMBtu (1,723 ) MMBtu 161 MMBtu Oil (10 ) barrels — (13 ) barrels — At March 31, 2020 and December 31, 2019 , NEE had interest rate contracts with a net notional amount of approximately $8.3 billion and $8.9 billion , respectively, and foreign currency contracts with a net notional amount of approximately $1.0 billion and $1.0 billion , respectively. Credit - Risk - Related Contingent Features - Certain derivative instruments contain credit-risk-related contingent features including, among other things, the requirement to maintain an investment grade credit rating from specified credit rating agencies and certain financial ratios, as well as credit-related cross-default and material adverse change triggers. At March 31, 2020 and December 31, 2019 , the aggregate fair value of NEE's derivative instruments with credit-risk-related contingent features that were in a liability position was approximately $2.7 billion ( $12 million for FPL) and $1.7 billion ( $12 million for FPL), respectively. If the credit-risk-related contingent features underlying these derivative agreements were triggered, certain subsidiaries of NEE, including FPL, could be required to post collateral or settle contracts according to contractual terms which generally allow netting of contracts in offsetting positions. Certain derivative contracts contain multiple types of credit-related triggers. To the extent these contracts contain a credit ratings downgrade trigger, the maximum exposure is included in the following credit ratings collateral posting requirements. If FPL's and NEECH's credit ratings were downgraded to BBB/Baa2 (a three level downgrade for FPL and a one level downgrade for NEECH from the current lowest applicable rating), applicable NEE subsidiaries would be required to post collateral such that the total posted collateral would be approximately $150 million ( none at FPL ) at March 31, 2020 and $215 million ( none at FPL) at December 31, 2019 . If FPL's and NEECH's credit ratings were downgraded to below investment grade, applicable NEE subsidiaries would be required to post additional collateral such that the total posted collateral would be approximately $1.1 billion ( $30 million at FPL) at March 31, 2020 and $1.2 billion ( $35 million at FPL) at December 31, 2019 . Some derivative contracts do not contain credit ratings downgrade triggers, but do contain provisions that require certain financial measures be maintained and/or have credit-related cross-default triggers. In the event these provisions were triggered, applicable NEE subsidiaries could be required to post additional collateral of up to approximately $1.4 billion ( $60 million at FPL) at March 31, 2020 and $590 million ( $75 million at FPL) at December 31, 2019 . Collateral related to derivatives may be posted in the form of cash or credit support in the normal course of business. At March 31, 2020 and December 31, 2019 , applicable NEE subsidiaries have posted approximately $2 million ( none at FPL) and $2 million ( none at FPL), respectively, in cash and $62 million ( none at FPL) and $88 million ( none at FPL), respectively, in the form of letters of credit, each of which could be applied toward the collateral requirements described above. FPL and NEECH have capacity under their credit facilities generally in excess of the collateral requirements described above that would be available to support, among other things, derivative activities. Under the terms of the credit facilities, maintenance of a specific credit rating is not a condition to drawing on these credit facilities, although there are other conditions to drawing on these credit facilities. Additionally, some contracts contain certain adequate assurance provisions whereby a counterparty may demand additional collateral based on subjective events and/or conditions. Due to the subjective nature of these provisions, NEE and FPL are unable to determine an exact value for these items and they are not included in any of the quantitative disclosures above.

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. NEE and FPL use 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. NEE's and FPL's assessment of the significance of any particular input to the fair value measurement requires judgment and may affect placement 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. Cash Equivalents and Restricted Cash Equivalents - NEE and FPL hold investments in money market funds. The fair value of these funds is estimated using a market approach based on current observable market prices. Special Use Funds and Other Investments - NEE and FPL hold primarily debt and equity securities directly, as well as indirectly through commingled funds. Substantially all directly held equity securities are valued at their quoted market prices. For directly held debt securities, multiple prices and price types are obtained from pricing vendors whenever possible, which enables cross-provider validations. A primary price source is identified based on asset type, class or issue of each security. Commingled funds, which are similar to mutual funds, are maintained by banks or investment companies and hold certain investments in accordance with a stated set of objectives. The fair value of commingled funds is primarily derived from the quoted prices in active markets of the underlying securities. Because the fund shares are offered to a limited group of investors, they are not considered to be traded in an active market. Derivative Instruments - NEE and FPL measure the fair value of commodity contracts using a combination of market and income approaches utilizing prices observed on commodities exchanges and in the OTC markets, or through the use of industry-standard valuation techniques, such as option modeling or discounted cash flows techniques, incorporating both observable and unobservable valuation inputs. The resulting measurements are the best estimate of fair value as represented by the transfer of the asset or liability through an orderly transaction in the marketplace at the measurement date. Most exchange-traded derivative assets and liabilities are valued directly using unadjusted quoted prices. For exchange-traded derivative assets and liabilities where the principal market is deemed to be inactive based on average daily volumes and open interest, the measurement is established using settlement prices from the exchanges, and therefore considered to be valued using other observable inputs. NEE, through its subsidiaries, including FPL, also enters into OTC commodity contract derivatives. The majority of these contracts are transacted at liquid trading points, and the prices for these contracts are verified using quoted prices in active markets from exchanges, brokers or pricing services for similar contracts. NEE, through NEER, also enters into full requirements contracts, which, in most cases, meet the definition of derivatives and are measured at fair value. These contracts typically have one or more inputs that are not observable and are significant to the valuation of the contract. In addition, certain exchange and non-exchange traded derivative options at NEE have one or more significant inputs that are not observable, and are valued using industry-standard option models. In all cases where NEE and FPL use significant unobservable inputs for the valuation of a commodity contract, consideration is given to the assumptions that market participants would use in valuing the asset or liability. The primary input to the valuation models for commodity contracts is the forward commodity curve for the respective instruments. Other inputs include, but are not limited to, assumptions about market liquidity, volatility, correlation and contract duration as more fully described below in Significant Unobservable Inputs Used in Recurring Fair Value Measurements. In instances where the reference markets are deemed to be inactive or do not have transactions for a similar contract, the derivative assets and liabilities may be valued using significant other observable inputs and potentially significant unobservable inputs. In such instances, the valuation for these contracts is established using techniques including extrapolation from or interpolation between actively traded contracts, or estimated basis adjustments from liquid trading points. NEE and FPL regularly evaluate and validate the inputs used to determine fair value by a number of methods, consisting of various market price verification procedures, including the use of pricing services and multiple broker quotes to support the market price of the various commodities. In all cases where there are assumptions and models used to generate inputs for valuing derivative assets and liabilities, the review and verification of the assumptions, models and changes to the models are undertaken by individuals that are independent of those responsible for estimating fair value. NEE uses interest rate contracts and foreign currency contracts to mitigate and adjust interest rate and foreign currency exchange exposure related primarily to certain outstanding and expected future debt issuances and borrowings when deemed appropriate based on market conditions or when required by financing agreements. NEE estimates the fair value of these 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. Recurring Fair Value Measurements - NEE's and FPL'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 Level 1 Level 2 Level 3 Netting (a) Total (millions) Assets: Cash equivalents and restricted cash equivalents: (b) NEE - equity securities $ 3,115 $ — $ — $ 3,115 FPL - equity securities $ 1,127 $ — $ — $ 1,127 Special use funds: (c) NEE: Equity securities $ 1,505 $ 1,661 (d) $ — $ 3,166 U.S. Government and municipal bonds $ 503 $ 168 $ — $ 671 Corporate debt securities $ 1 $ 732 $ — $ 733 Mortgage-backed securities $ — $ 505 $ — $ 505 Other debt securities $ — $ 107 $ — $ 107 FPL: Equity securities $ 484 $ 1,505 (d) $ — $ 1,989 U.S. Government and municipal bonds $ 396 $ 112 $ — $ 508 Corporate debt securities $ — $ 529 $ — $ 529 Mortgage-backed securities $ — $ 375 $ — $ 375 Other debt securities $ — $ 99 $ — $ 99 Other investments: (e) NEE: Equity securities $ 30 $ 11 $ — $ 41 Debt securities $ 65 $ 79 $ — $ 144 Derivatives: NEE: Commodity contracts $ 1,628 $ 2,714 $ 2,025 $ (3,467 ) $ 2,900 (f) Interest rate contracts $ — $ 39 $ — $ (30 ) $ 9 (f) Foreign currency contracts $ — $ 21 $ — $ — $ 21 (f) FPL - commodity contracts $ — $ 3 $ 2 $ (2 ) $ 3 (f) Liabilities: Derivatives: NEE: Commodity contracts $ 1,838 $ 1,780 $ 485 $ (3,393 ) $ 710 (f) Interest rate contracts $ — $ 1,496 $ 21 $ (30 ) $ 1,487 (f) Foreign currency contracts $ — $ 107 $ — $ — $ 107 (f) FPL - commodity contracts $ — $ 6 $ 11 $ (2 ) $ 15 (f) ——————————————— (a) Includes the effect of the contractual ability to settle contracts under master netting arrangements and the netting of margin cash collateral payments and receipts. NEE and FPL also have contract settlement receivable and payable balances that are subject to master netting arrangements but are not offset within the condensed consolidated balance sheets and are recorded in customer receivables - net and accounts payable, respectively. (b) Includes restricted cash equivalents of approximately $79 million ( $77 million for FPL) in current other assets and $55 million ( $55 million for FPL) in noncurrent other assets on the condensed consolidated balance sheets. (c) Excludes investments accounted for under the equity method and loans not measured at fair value on a recurring basis. See Fair Value of Financial Instruments Recorded at Other than Fair Value below. (d) Primarily invested in commingled funds whose underlying securities would be Level 1 if those securities were held directly by NEE or FPL. (e) Included in noncurrent other assets on NEE's condensed consolidated balance sheet. (f) See Note 4 - Fair Value of Derivative Instruments for a reconciliation of net derivatives to NEE's and FPL's condensed consolidated balance sheets. December 31, 2019 Level 1 Level 2 Level 3 Netting (a) Total (millions) Assets: Cash equivalents and restricted cash equivalents: (b) NEE - equity securities $ 363 $ — $ — $ 363 FPL - equity securities $ 156 $ — $ — $ 156 Special use funds: (c) NEE: Equity securities $ 1,875 $ 2,088 (d) $ — $ 3,963 U.S. Government and municipal bonds $ 567 $ 150 $ — $ 717 Corporate debt securities $ — $ 748 $ — $ 748 Mortgage-backed securities $ — $ 517 $ — $ 517 Other debt securities $ — $ 117 $ — $ 117 FPL: Equity securities $ 596 $ 1,895 (d) $ — $ 2,491 U.S. Government and municipal bonds $ 429 $ 106 $ — $ 535 Corporate debt securities $ — $ 533 $ — $ 533 Mortgage-backed securities $ — $ 395 $ — $ 395 Other debt securities $ — $ 111 $ — $ 111 Other investments: (e) NEE: Equity securities $ 34 $ 12 $ — $ 46 Debt securities $ 82 $ 69 $ — $ 151 Derivatives: NEE: Commodity contracts $ 1,229 $ 2,082 $ 1,739 $ (2,700 ) $ 2,350 (f) Interest rate contracts $ — $ 24 $ 2 $ (17 ) $ 9 (f) Foreign currency contracts $ — $ 26 $ — $ 1 $ 27 (f) FPL - commodity contracts $ — $ 3 $ 1 $ (1 ) $ 3 (f) Liabilities: Derivatives: NEE: Commodity contracts $ 1,365 $ 1,446 $ 390 $ (2,625 ) $ 576 (f) Interest rate contracts $ — $ 598 $ 144 $ (17 ) $ 725 (f) Foreign currency contracts $ — $ 38 $ — $ 1 $ 39 (f) FPL - commodity contracts $ — $ 5 $ 9 $ (1 ) $ 13 (f) ——————————————— (a) Includes the effect of the contractual ability to settle contracts under master netting arrangements and the netting of margin cash collateral payments and receipts. NEE and FPL also have contract settlement receivable and payable balances that are subject to master netting arrangements but are not offset within the condensed consolidated balance sheets and are recorded in customer receivables - net and accounts payable, respectively. (b) Includes restricted cash equivalents of approximately $60 million ( $54 million for FPL) in current other assets and $64 million ($ 64 million for FPL) in noncurrent other assets on the condensed consolidated balance sheets. (c) Excludes investments accounted for under the equity method and loans not measured at fair value on a recurring basis. See Fair Value of Financial Instruments Recorded at Other than Fair Value below. (d) Primarily invested in commingled funds whose underlying securities would be Level 1 if those securities were held directly by NEE or FPL. (e) Included in noncurrent other assets on NEE's condensed consolidated balance sheet. (f) See Note 4 - Fair Value of Derivative Instruments for a reconciliation of net derivatives to NEE's and FPL's condensed consolidated balance sheets. Significant Unobservable Inputs Used in Recurring Fair Value Measurements - The valuation of certain commodity contracts requires the use of significant unobservable inputs. All forward price, implied volatility, implied correlation and interest rate inputs used in the valuation of such contracts are directly based on third-party market data, such as broker quotes and exchange settlements, when that data is available. If third-party market data is not available, then industry standard methodologies are used to develop inputs that maximize the use of relevant observable inputs and minimize the use of unobservable inputs. Observable inputs, including some forward prices, implied volatilities and interest rates used for determining fair value are updated daily to reflect the best available market information. Unobservable inputs which are related to observable inputs, such as illiquid portions of forward price or volatility curves, are updated daily as well, using industry standard techniques such as interpolation and extrapolation, combining observable forward inputs supplemented by historical market and other relevant data. Other unobservable inputs, such as implied correlations, block-to-hourly price shaping, customer migration rates from full requirements contracts and some implied volatility curves, are modeled using proprietary models based on historical data and industry standard techniques. The significant unobservable inputs used in the valuation of NEE's commodity contracts categorized as Level 3 of the fair value hierarchy at March 31, 2020 are as follows: Fair Value at Valuation Significant Weighted- Transaction Type March 31, 2020 Technique(s) Unobservable Inputs Range average (a) Assets Liabilities (millions) Forward contracts - power $ 864 $ 111 Discounted cash flow Forward price (per MWh) $2 — $194 $26 Forward contracts - gas 271 22 Discounted cash flow Forward price (per MMBtu) $1 — $6 $2 Forward contracts - congestion 21 4 Discounted cash flow Forward price (per MWh) $(13) — $32 $— Options - power 33 10 Option models Implied correlations 31% — 84% 50% Implied volatilities 13% — 295% 45% Options - primarily gas 238 248 Option models Implied correlations 31% — 100% 53% Implied volatilities 14% — 278% 36% Full requirements and unit contingent contracts 574 69 Discounted cash flow Forward price (per MWh) $6 — $748 $46 Customer migration rate (b) —% — 13% —% Forward contracts - other 24 21 Total $ 2,025 $ 485 ——————————————— (a) Unobservable inputs were weighted by volume. (b) Applies only to full requirements contracts. The sensitivity of NEE's fair value measurements to increases (decreases) in the significant unobservable inputs is as follows: Significant Unobservable Input Position Impact on Fair Value Measurement Forward price Purchase power/gas Increase (decrease) Sell power/gas Decrease (increase) Implied correlations Purchase option Decrease (increase) Sell option Increase (decrease) Implied volatilities Purchase option Increase (decrease) Sell option Decrease (increase) Customer migration rate Sell power (a) Decrease (increase) ——————————————— (a) Assumes the contract is in a gain position. The reconciliation of changes in the fair value of derivatives that are based on significant unobservable inputs is as follows: Three Months Ended March 31, 2020 2019 NEE FPL NEE FPL (millions) Fair value of net derivatives based on significant unobservable inputs at December 31 of prior period $ 1,207 $ (8 ) $ 647 $ (36 ) Realized and unrealized gains (losses): Included in earnings (a) 387 — 180 — Included in other comprehensive income (loss) (b) — — 3 — Included in regulatory assets and liabilities (2 ) (2 ) (2 ) (2 ) Purchases 81 — 24 — Sales (c) 114 — — — Settlements (206 ) 1 (39 ) 20 Issuances (32 ) — (14 ) — Transfers out (d) (30 ) — 45 2 Fair value of net derivatives based on significant unobservable inputs at March 31 $ 1,519 $ (9 ) $ 844 $ (16 ) Gains (losses) included in earnings attributable to the change in unrealized gains (losses) relating to derivatives held at the reporting date (e) $ 308 $ — $ 116 $ — ——————————————— (a) For the three months ended March 31, 2020 and 2019 , realized and unrealized gains of approximately $405 million and $194 million , respectively, are included in the condensed consolidated statements of income in operating revenues and the balance is included in interest expense. (b) Included in net unrealized gains (losses) on foreign currency translation in the condensed consolidated statements of comprehensive income. (c) See Note 11 - Disposal of a Business. (d) Transfers from Level 3 to Level 2 were a result of increased observability of market data. (e) For the three months ended March 31, 2020 and 2019 , unrealized gains of approximately $319 million and $130 million , respectively, are included in the condensed consolidated statements of income in operating revenues and the balance is included in interest expense. Fair Value of Financial Instruments Recorded at Other than Fair Value - The carrying amounts of commercial paper and other short-term debt approximate their fair values. 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 Amount Estimated Fair Value Carrying Amount Estimated Fair Value (millions) NEE: Special use funds (a) $ 931 $ 930 $ 892 $ 891 Other investments (b) $ 23 $ 23 $ 30 $ 30 Long-term debt, including current portion (c) $ 43,605 $ 45,791 (d) $ 39,667 $ 42,928 (d) FPL: Special use funds (a) $ 736 $ 735 $ 706 $ 705 Long-term debt, including current portion $ 15,422 $ 17,721 (d) $ 14,161 $ 16,448 (d) ——————————————— (a) Primarily represents investments accounted for under the equity method and loans not measured at fair value on a recurring basis (Level 2). (b) Included in noncurrent other assets on NEE's condensed consolidated balance sheets. (c) Excludes debt totaling approximately $463 million classified as held for sale, which is included in current other liabilities on NEE's condensed consolidated balance sheet at December 31, 2019, for which the carrying amount approximated fair value. See Note 11 - Disposal of a Business. (d) At March 31, 2020 and December 31, 2019 , substantially all is Level 2 for NEE and all is Level 2 for FPL. Special Use Funds - The special use funds noted above and those carried at fair value (see Recurring Fair Value Measurements above) consist of NEE's nuclear decommissioning fund assets of approximately $6,037 million and $6,880 million at March 31, 2020 and December 31, 2019 , respectively, ( $4,160 million and $4,697 million , respectively, for FPL) and FPL's storm fund assets of $76 million and $74 million at March 31, 2020 and December 31, 2019 , respectively. The investments held in the special use funds consist of equity and available for sale debt securities which are primarily carried at estimated fair value. The amortized cost of debt securities is approximately $2,009 million and $2,030 million at March 31, 2020 and December 31, 2019 , respectively, ( $1,508 million and $1,523 million , respectively, for FPL). Effective January 1, 2020, NEE and FPL adopted an accounting standards update that provides a modified version of the other than temporary impairment model for debt securities. The new available for sale debt security impairment model no longer allows consideration of the length of time during which the fair value has been less than its amortized cost basis when determining whether a credit loss exists. Credit losses are required to be presented as an allowance rather than as a write-down on securities not intended to be sold or required to be sold. NEE and FPL adopted this model prospectively. See Note 11 - Measurement of Credit Losses on Financial Instruments. For FPL's special use funds, changes in fair value of debt and equity securities, including any estimated credit losses of debt securities, result in a corresponding adjustment to the related regulatory asset or liability accounts, consistent with regulatory treatment. For NEE's non-rate regulated operations, changes in fair value of debt securities result in a corresponding adjustment to OCI, except for estimated credit losses and unrealized losses on debt securities intended or required to be sold prior to recovery of the amortized cost basis, which are recognized in other - net in NEE's condensed consolidated statements of income. Changes in fair value of equity securities are recorded in change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds - net in NEE’s condensed consolidated statements of income. The unrealized gains (losses) recognized during the three months ended March 31, 2020 and 2019 on equity securities held at March 31, 2020 and 2019 were $(808) million and $367 million , respectively ( $(502) million and $234 million for the three months ended March 31, 2020 and 2019 for FPL). Debt securities included in the nuclear decommissioning funds have a weighted-average maturity at March 31, 2020 of approximately eight years at NEE and nine years at FPL. FPL's storm fund primarily consists of debt securities with a weighted-average maturity at March 31, 2020 of approximately one year . The cost of securities sold is determined using the specific identification method. Realized gains and losses and proceeds from the sale or maturity of available for sale debt securities are as follows: NEE FPL Three Months Ended March 31, Three Months Ended March 31, 2020 2019 2020 2019 (millions) Realized gains $ 30 $ 9 $ 25 $ 5 Realized losses $ 17 $ 9 $ 15 $ 4 Proceeds from sale or maturity of securities $ 738 $ 687 $ 607 $ 543 The unrealized gains and unrealized losses on available for sale debt securities and the fair value of available for sale debt securities in an unrealized loss position are as follows: NEE FPL March 31, 2020 December 31, 2019 March 31, 2020 December 31, 2019 (millions) Unrealized gains $ 89 $ 75 $ 70 $ 58 Unrealized losses (a) $ 82 $ 7 $ 66 $ 7 Fair value $ 603 $ 314 $ 448 $ 240 ——————————————— (a) Unrealized losses on available for sale debt securities in an unrealized loss position for greater than twelve months at March 31, 2020 and December 31, 2019 were not material to NEE or FPL. Regulations issued by the FERC and the NRC provide general risk management guidelines to protect nuclear decommissioning funds and to allow such funds to earn a reasonable return. The FERC regulations prohibit, among other investments, investments in any securities of NEE or its subsidiaries, affiliates or associates, excluding investments tied to market indices or mutual funds. Similar restrictions applicable to the decommissioning funds for NEER's nuclear plants are included in the NRC operating licenses for those facilities or in NRC regulations applicable to NRC licensees not in cost-of-service environments. With respect to the decommissioning fund for Seabrook, decommissioning fund contributions and withdrawals are also regulated by the New Hampshire Nuclear Decommissioning Financing Committee pursuant to New Hampshire law. The nuclear decommissioning reserve funds are managed by investment managers who must comply with the guidelines of NEE and FPL and the rules of the applicable regulatory authorities. The funds' assets are invested giving consideration to taxes, liquidity, risk, diversification and other prudent investment objectives.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes NEE's effective income tax rate for the three months ended March 31, 2020 and 2019 was approximately (321.9)% and 10.9% , respectively. NEE's effective income tax rate for the three months ended March 31, 2020 is based on the composition of pre-tax income and primarily reflects the impact of unfavorable changes in the fair value of interest rate derivative instruments and equity securities held in NEER's nuclear decommissioning funds, and the gain on the sale of the Spain solar projects that was not taxable for federal and state income tax purposes (see Note 11 - Disposal of a Business). A reconciliation between the effective income tax rates and the applicable statutory rate is as follows: NEE FPL Three Months Ended March 31, Three Months Ended March 31, 2020 2019 2020 2019 Statutory federal income tax rate 21.0 % 21.0 % 21.0 % 21.0 % Increases (reductions) resulting from: State income taxes - net of federal income tax benefit (61.0 ) 4.7 4.3 4.4 Taxes attributable to noncontrolling interests 32.7 2.3 — — PTCs and ITCs - NEER (86.5 ) (8.3 ) — — Amortization of deferred regulatory credit (55.5 ) (4.8 ) (5.0 ) (3.8 ) Foreign operations (76.9 ) 0.3 — — Other - net (95.7 ) (4.3 ) (2.7 ) (0.7 ) Effective income tax rate (321.9 )% 10.9 % 17.6 % 20.9 % NEE recognizes PTCs as wind energy is generated and sold based on a per kWh rate prescribed in applicable federal and state statutes, which may differ significantly from amounts computed, on a quarterly basis, using an overall effective income tax rate anticipated for the full year. NEE uses this method of recognizing PTCs for specific reasons, including that PTCs are an integral part of the financial viability of most wind projects and a fundamental component of such wind projects' results of operations. PTCs, as well as ITCs, can significantly affect NEE's effective income tax rate depending on the amount of pretax income. The amount of PTCs recognized can be significantly affected by wind generation and by the roll off of PTCs after ten years of production.

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2020
Business Combinations [Abstract]
Acquisitions	Acquisitions Gulf Power - On January 1, 2019, NEE acquired the outstanding common shares of Gulf Power, a rate-regulated electric utility under the jurisdiction of the FPSC. Gulf Power serves approximately 470,000 customers in eight counties throughout northwest Florida, has approximately 9,500 miles of transmission and distribution lines and owns approximately 2,300 MW of net generating capacity. The purchase price included approximately $4.44 billion in cash consideration and the assumption of approximately $1.3 billion of Gulf Power debt. The cash purchase price was funded through $4.5 billion of borrowings by NEECH in December 2018 under certain short-term bi-lateral term loan agreements; the proceeds of which borrowings were restricted and included in noncurrent other assets on NEE's condensed consolidated balance sheet at December 31, 2018. Such borrowings were repaid in April 2019. Under the acquisition method, the purchase price was allocated to the assets acquired and liabilities assumed on January 1, 2019 based on their fair value. The approval by the FPSC of Gulf Power's rates, which is intended to allow Gulf Power to collect from retail customers total revenues equal to Gulf Power's costs of providing service, including a reasonable rate of return on invested capital, is considered a fundamental input in measuring the fair value of Gulf Power's assets and liabilities and, as such, NEE concluded that the carrying values of all assets and liabilities recoverable through rates are representative of their fair values. As a result, NEE acquired assets of approximately $5.2 billion , primarily relating to property, plant and equipment of $4.0 billion and regulatory assets of $494 million , and assumed liabilities of approximately $3.4 billion , including $1.3 billion of long-term debt, $635 million of regulatory liabilities and $562 million of deferred income taxes. The excess of the purchase price over the fair value of assets acquired and liabilities assumed resulted in approximately $2.7 billion of goodwill which has been recognized on NEE's condensed consolidated balance sheet at March 31, 2020 . Goodwill associated with the Gulf Power acquisition is reflected within Corporate and Other and, for impairment testing, is included in the Gulf Power reporting unit. The goodwill arising from the transaction represents expected benefits from continued expansion of NEE's regulated businesses and the indefinite life of Gulf Power's service territory franchise. Trans Bay Cable, LLC - On July 16, 2019, a wholly owned subsidiary of NEET acquired the membership interests of Trans Bay Cable, LLC (Trans Bay), which owns and operates a 53 -mile, high-voltage direct current underwater transmission cable system in California extending from Pittsburg to San Francisco, with utility rates set by the FERC and revenues paid by the California Independent System Operator. The purchase price included approximately $670 million in cash consideration and the assumption of debt of approximately $422 million . Under the acquisition method, the purchase price was allocated to the assets acquired and liabilities assumed based on their fair value. The approval by the FERC of Trans Bay’s rates, which is intended to allow Trans Bay to collect total revenues equal to Trans Bay's costs for the development, financing, construction, operation and maintenance of Trans Bay, including a reasonable rate of return on invested capital, is considered a fundamental input in measuring the fair value of Trans Bay's assets and liabilities and, as such, NEE concluded that the carrying values of all assets and liabilities recoverable through rates are representative of their fair values. As a result, NEE acquired assets of approximately $703 million , primarily relating to property, plant and equipment, and assumed liabilities of approximately $643 million , primarily relating to long-term debt. The excess of the purchase price over the fair value of assets acquired and liabilities assumed resulted in approximately $610 million of goodwill which has been recognized on NEE's condensed consolidated balance sheet at March 31, 2020 , of which approximately $572 million

Variable Interest Entities (VIE

Variable Interest Entities (VIEs)	3 Months Ended
	Mar. 31, 2020
Variable Interest Entities [Abstract]
Variable Interest Entities (VIEs)	Variable Interest Entities (VIEs) NEER - At March 31, 2020 , NEE consolidates 32 VIEs within the NEER segment. Subsidiaries within the NEER segment are considered the primary beneficiary of these VIEs since they control the most significant activities of these VIEs, including operations and maintenance, and they have the obligation to absorb expected losses of these VIEs. NextEra Energy Resources consolidates two VIEs, which own and operate natural gas/oil electric generation facilities with the capability of producing 1,450 MW. These entities sell their electric output to third parties under power sales contracts with expiration dates in 2021 and 2031 . The power sales contracts provide the offtaker the ability to dispatch the facilities and require the offtaker to absorb the cost of fuel. The assets and liabilities of these VIEs were approximately $204 million and $23 million , respectively, at March 31, 2020 and $216 million and $25 million , respectively, at December 31, 2019 . At March 31, 2020 and December 31, 2019 , the assets of these VIEs consisted primarily of property, plant and equipment. Three indirect subsidiaries of NextEra Energy Resources have an approximately 50 % ownership interest in five entities which own and operate solar photovoltaic (PV) facilities with the capability of producing a total of approximately 409.3 MW. Each of the three subsidiaries is considered a VIE since the non-managing members have no substantive rights over the managing members, and is consolidated by NextEra Energy Resources. These five entities sell their electric output to third parties under power sales contracts with expiration dates ranging from 2035 through 2042 . The five entities have third-party debt which is secured by liens against the assets of the entities. The debt holders have no recourse to the general credit of NextEra Energy Resources for the repayment of debt. The assets and liabilities of these VIEs were approximately $778 million and $635 million , respectively, at March 31, 2020 and $776 million and $598 million , respectively, at December 31, 2019 . At March 31, 2020 and December 31, 2019 , the assets and liabilities of these VIEs consisted primarily of property, plant and equipment and long-term debt. NEE consolidates a NEET VIE that is constructing an approximately 280-mile electricity transmission line. A NEET subsidiary is the primary beneficiary and controls the most significant activities during the construction period, including controlling the construction budget. NEET is entitled to receive 50% of the profits and losses of the entity. The assets and liabilities of the VIE totaled approximately $235 million and $56 million , respectively, at March 31, 2020 , and $173 million and $29 million , respectively, at December 31, 2019 . At March 31, 2020 and December 31, 2019 , the assets of this VIE consisted primarily of property, plant and equipment. The other 26 NextEra Energy Resources VIEs that are consolidated relate to certain subsidiaries which have sold differential membership interests in entities which own and operate wind electric generation and solar PV facilities with the capability of producing a total of approximately 7,081 MW and 473 MW, respectively. These entities sell their electric output either under power sales contracts to third parties with expiration dates ranging from 2029 through 2053 or in the spot market. These entities are considered VIEs because the holders of differential membership interests do not have substantive rights over the significant activities of these entities. Certain of these entities have third-party debt which is secured by liens against the generation facilities and the other assets of these entities or by pledges of NextEra Energy Resources' ownership interest in these entities. The debt holders have no recourse to the general credit of NEER for the repayment of debt. The assets and liabilities of these VIEs totaled approximately $11.2 billion and $0.6 billion , respectively, at March 31, 2020 , and $11.3 billion and $0.8 billion , respectively, at December 31, 2019 . At March 31, 2020 and December 31, 2019 , the assets and liabilities of these VIEs consisted primarily of property, plant and equipment and long-term debt. Other - At March 31, 2020 and December 31, 2019 , several NEE subsidiaries had investments totaling approximately $2,835 million ( $2,330 million at FPL) and $3,247 million ( $2,717 million at FPL), respectively, which are included in special use funds and noncurrent other assets on NEE's condensed consolidated balance sheets and in special use funds on FPL's condensed consolidated balance sheets. These investments represented primarily commingled funds and mortgage-backed securities. NEE subsidiaries, including FPL, are not the primary beneficiaries and therefore do not consolidate any of these entities because they do not control any of the ongoing activities of these entities, were not involved in the initial design of these entities and do not have a controlling financial interest in these entities. Certain subsidiaries of NEE have noncontrolling interests in entities accounted for under the equity method, including NEE's noncontrolling interest in NEP OpCo. These entities are limited partnerships or similar entity structures in which the limited partners or non-managing members do not have substantive rights over the significant activities of these entities, and therefore are considered VIEs. NEE is not the primary beneficiary because it does not have a controlling financial interest in these entities, and therefore does not consolidate any of these entities. NEE’s investment in these entities totaled approximately $3,731 million and $4,254 million at March 31, 2020 and December 31, 2019 , respectively. At March 31, 2020 , subsidiaries of NEE had commitments to invest additional amounts in five of the entities. Such commitments are included in the NEER amounts in the table in Note 12 - Contracts.

Equity

Equity	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Equity	Equity Earnings Per Share - The reconciliation of NEE's basic and diluted earnings per share attributable to NEE is as follows: Three Months Ended March 31, 2020 2019 (millions, except per share amounts) Numerator - net income attributable to NEE (a) $ 421 $ 680 Denominator: Weighted-average number of common shares outstanding - basic 489.3 478.3 Equity units, stock options, performance share awards and restricted stock (b) 2.4 3.5 Weighted-average number of common shares outstanding - assuming dilution 491.7 481.8 Earnings per share attributable to NEE: Basic $ 0.86 $ 1.42 Assuming dilution $ 0.86 $ 1.41 ——————————————— (a) The NEP Series A convertible preferred units and the NEP senior unsecured convertible notes were both antidilutive for the three months ended March 31, 2020 and 2019 . (b) Calculated using the treasury stock method. Performance share awards are included in diluted weighted-average number of common shares outstanding based upon what would be issued if the end of the reporting period was the end of the term of the award. Common shares issuable pursuant to stock options, performance share awards and/or equity units, as well as restricted stock which were not included in the denominator above due to their antidilutive effect were approximately 6.2 million and 0.5 million for the three months ended March 31, 2020 and 2019 , respectively. Accumulated Other Comprehensive Income (Loss) - The components of AOCI, net of tax, are as follows: Accumulated Other Comprehensive Income (Loss) Net Unrealized Gains (Losses) on Cash Flow Hedges Net Unrealized Gains (Losses) on Available for Sale Securities Defined Benefit Pension and Other Benefits Plans Net Unrealized Gains (Losses) on Foreign Currency Translation Other Comprehensive Income (Loss) Related to Equity Method Investees Total (millions) Three Months Ended March 31, 2020 Balances, December 31, 2019 $ (27 ) $ 11 $ (114 ) $ (42 ) $ 3 $ (169 ) Other comprehensive loss before reclassifications — (8 ) — (35 ) — (43 ) Amounts reclassified from AOCI 2 (a) (1 ) (b) 3 (c) — — 4 Net other comprehensive income (loss) 2 (9 ) 3 (35 ) — (39 ) Impact of disposal of a business 23 (d) — — (13 ) (d) — 10 Balances, March 31, 2020 $ (2 ) $ 2 $ (111 ) $ (90 ) $ 3 $ (198 ) Attributable to noncontrolling interests $ — $ — $ — $ (6 ) $ — $ (6 ) Attributable to NEE $ (2 ) $ 2 $ (111 ) $ (84 ) $ 3 $ (192 ) Accumulated Other Comprehensive Income (Loss) Net Unrealized Gains (Losses) on Cash Flow Hedges Net Unrealized Gains (Losses) on Available for Sale Securities Defined Benefit Pension and Other Benefits Plans Net Unrealized Gains (Losses) on Foreign Currency Translation Other Comprehensive Income (Loss) Related to Equity Method Investees Total (millions) Three Months Ended March 31, 2019 Balances, December 31, 2018 $ (55 ) $ (7 ) $ (65 ) $ (63 ) $ 2 $ (188 ) Other comprehensive income (loss) before reclassifications — 8 (52 ) 10 (1 ) (35 ) Amounts reclassified from AOCI 10 (a) 2 (b) (1 ) (c) — — 11 Net other comprehensive income (loss) 10 10 (53 ) 10 (1 ) (24 ) Acquisition of Gulf Power (1 ) — — — — (1 ) Balances, March 31, 2019 $ (46 ) $ 3 $ (118 ) $ (53 ) $ 1 $ (213 ) ——————————————— (a) Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 4 - Income Statement Impact of Derivative Instruments. (b) Reclassified to gains on disposal of investments and other property - net in NEE's condensed consolidated statements of income. (c) Reclassified to other net periodic benefit income in NEE's condensed consolidated statements of income. (d) Reclassified to gains on disposal of businesses/assets - net and interest expense in NEE's condensed consolidated statements of income. See Note 4 - Income Statement Impact of Derivative Instruments. See Note 11 - Disposal of a Business.

Debt

Debt	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Debt	Debt Significant long-term debt issuances and borrowings during the three months ended March 31, 2020 were as follows: Principal Amount Interest Rate Maturity Date (millions) FPL: First mortgage bonds $ 1,100 2.85 % 2025 Senior unsecured notes $ 175 Variable (a) 2070 NEECH: Debentures, related to NEE's equity units $ 2,500 1.84 % 2025 ——————————————— (a) Variable rate is based on an underlying index less a specified margin. Permit individual noteholders to require repayment at specified dates prior to maturity. In February 2020, NEE sold $2.5 billion of equity units (initially consisting of Corporate Units). Each equity unit has a stated amount of $50 and consists of a contract to purchase NEE common stock (stock purchase contract) and, initially, a 5% undivided beneficial ownership interest in a Series K Debenture due March 1, 2025, issued in the principal amount of $1,000 by NEECH. Each stock purchase contract requires the holder to purchase by no later than March 1, 2023 (the final settlement date) for a price of $50 in cash, a number of shares of NEE common stock (subject to antidilution adjustments) based on a price per share range of $282.04 to $352.55 . If purchased on the final settlement date, as of March 31, 2020 , the number of shares issued would (subject to antidilution adjustments) range from 0.1773 shares if the applicable market value of a share of common stock is less than or equal to $282.04 to 0.1418 shares if the applicable market value of a share is equal to or greater than $352.55 , with applicable market value to be determined using the average closing prices of NEE common stock over a 20 -day trading period ending February 24, 2023. Total annual distributions on the equity units are at the rate of 5.279% , consisting of interest on the debentures ( 1.84% per year) and payments under the stock purchase contracts ( 3.439% per year). The interest rate on the debentures is expected to be reset on or after August 25, 2022. A holder of an equity unit may satisfy its purchase obligation with proceeds raised from remarketing the NEECH debentures that are part of its equity unit. The undivided beneficial ownership interest in the NEECH debenture that is a component of each Corporate Unit is pledged to NEE to secure the holder's obligation to purchase NEE common stock under the related stock purchase contract. If a successful remarketing does not occur on or before the third business day prior to the final settlement date, and a holder has not notified NEE of its intention to settle the stock purchase contract with cash, the debentures that are components of the Corporate Units will be used to satisfy in full the holders' obligations to purchase NEE common stock under the related stock purchase contracts on the final settlement date. The debentures are fully and unconditionally guaranteed by NEE. In April 2020, NEECH sold $1.25 billion principal amount of its 2.75%

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 - At March 31, 2020 and December 31, 2019 , NEE had approximately $499 million ( $132 million for FPL) and $508 million ( $118 million for FPL), respectively, of restricted cash, of which approximately $392 million ( $77 million for FPL) and $411 million ( $54 million for FPL), respectively, is included in current other assets and the remaining balance is included in noncurrent other assets on NEE's and FPL's condensed consolidated balance sheets. Restricted cash is primarily related to debt service payments, bond proceeds held for construction at FPL and margin cash collateral requirements. In addition, where offsetting positions exist, restricted cash related to margin cash collateral of $160 million is netted against derivative assets and $113 million is netted against derivative liabilities at March 31, 2020 and $139 million is netted against derivative assets and $66 million is netted against derivative liabilities at December 31, 2019 . See Note 4. Disposal of a Business - On February 11, 2020, a subsidiary of NextEra Energy Resources completed the sale of its ownership interest in two solar generation facilities located in Spain with a total generating capacity of 99.8 MW for net cash proceeds of approximately €117 million (approximately $128 million ), subject to working capital and other adjustments. In connection with the sale, a gain of approximately $260 million (pretax and after tax) was recorded in NEE's condensed consolidated statements of income for the three months ended March 31, 2020 . The carrying amounts of the major classes of assets related to the facilities that were classified as held for sale, which are included in current other assets on NEE's condensed consolidated balance sheets, were approximately $440 million at December 31, 2019 and primarily represent property, plant and equipment. Liabilities associated with assets held for sale, which are included in current other liabilities on NEE's condensed consolidated balance sheets, were approximately $647 million at December 31, 2019 and primarily represent long-term debt and interest rate derivatives. Measurement of Credit Losses on Financial Instruments - Effective January 1, 2020, NEE and FPL adopted an accounting standards update that provides for a new methodology, the current expected credit loss (CECL) model, to account for credit losses for certain financial assets measured at amortized cost. On January 1, 2020, NEE recorded a reduction to retained earnings of approximately $11 million representing the cumulative effect of adopting the new standards update, which primarily related to the impact of applying the CECL model to NEER's receivables. The impact of adopting the new standards update was not material to FPL. See also Note 5 - Special Use Funds. Allowance for Doubtful Accounts - FPL maintains an accumulated provision for uncollectible customer accounts receivable that is estimated primarily using a percentage, derived from historical revenue and write-off trends, of the previous four months of revenue. NEER regularly reviews collectibility of its receivables and establishes a provision for losses estimated as a percentage of accounts receivable based on the historical bad debt write-off trends for its retail electricity provider operations. When necessary, NEER uses the specific identification method for all other receivables. Current events and reasonable and supportable forecasts are considered when reviewing all receivables for collectibility. 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 transition from the London Inter-Bank Offered Rate (LIBOR) and other interbank offered rates to alternative reference rates that are yet to be determined or finalized. NEE’s and FPL’s contracts that reference LIBOR or other interbank offered rates mainly relate to debt and derivative instruments. The standards update was effective upon issuance but can be applied prospectively through December 31, 2022. NEE and FPL are currently evaluating whether to apply the options provided by the standards update with regard to their contracts that reference LIBOR or other interbank offered rates as an interest rate benchmark.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Commitments and Contingencies Commitments - NEE and its subsidiaries have made commitments in connection with a portion of their projected capital expenditures. Capital expenditures at FPL and Gulf Power include, among other things, the cost for construction of additional facilities and equipment to meet customer demand, as well as capital improvements to and maintenance of existing facilities. At NEER, capital expenditures include, among other things, the cost, including capitalized interest, for construction and development of wind and solar projects, the procurement of nuclear fuel and the cost to maintain existing rate-regulated transmission facilities, as well as equity contributions to joint ventures for the development and construction of natural gas pipeline assets and a rate-regulated transmission facility. At March 31, 2020 , estimated capital expenditures for the remainder of 2020 through 2024 for which applicable internal approvals (and also, if required, regulatory approvals such as FPSC approvals for FPL and Gulf Power) have been received were as follows: Remainder of 2020 2021 2022 2023 2024 Total (millions) FPL: Generation: (a) New (b) $ 980 $ 885 $ 550 $ 490 $ 710 $ 3,615 Existing 750 950 1,075 1,155 885 4,815 Transmission and distribution (c) 2,450 4,040 4,110 4,450 4,450 19,500 Nuclear fuel 135 220 165 120 145 785 General and other 560 500 440 415 420 2,335 Total $ 4,875 $ 6,595 $ 6,340 $ 6,630 $ 6,610 $ 31,050 Gulf Power $ 620 $ 810 $ 645 $ 650 $ 680 $ 3,405 NEER: Wind (d) $ 2,580 $ 180 $ 10 $ 10 $ 10 $ 2,790 Solar (e) 855 485 — 5 — 1,345 Battery storage 85 455 — — — 540 Nuclear, including nuclear fuel 95 210 165 120 180 770 Natural gas pipelines (f) 525 280 25 — — 830 Rate-regulated transmission 235 140 30 10 15 430 Other 550 55 65 50 60 780 Total $ 4,925 $ 1,805 $ 295 $ 195 $ 265 $ 7,485 ——————————————— (a) Includes AFUDC of approximately $25 million , $70 million , $40 million , $20 million and $30 million for the remainder of 2020 through 2024, respectively. (b) Includes land, generation structures, transmission interconnection and integration and licensing. (c) Includes AFUDC of approximately $30 million , $55 million , $55 million , $40 million and $35 million for the remainder of 2020 through 2024, respectively. (d) Consists of capital expenditures for new wind projects, repowering of existing wind projects and related transmission totaling approximately 4,215 MW. (e) Includes capital expenditures for new solar projects and related transmission totaling approximately 1,580 MW. (f) Construction of two natural gas pipelines are subject to certain conditions, including applicable regulatory approvals. In addition, completion of another natural gas pipeline is subject to final permitting. The above estimates are subject to continuing review and adjustment and actual capital expenditures may vary significantly from these estimates. Contracts - In addition to the commitments made in connection with the estimated capital expenditures included in the table in Commitments above, FPL has firm commitments under long-term contracts primarily for the transportation of natural gas and coal with expiration dates through 2042 . At March 31, 2020 , NEER has entered into contracts with expiration dates ranging from late April 2020 through 2033 primarily for the purchase of wind turbines, wind towers and solar modules and related construction and development activities, as well as for the supply of uranium, and the conversion, enrichment and fabrication of nuclear fuel, and has made commitments for the construction of natural gas pipelines and a rate-regulated transmission facility. Approximately $4.0 billion of related commitments are included in the estimated capital expenditures table in Commitments above. In addition, NEER has contracts primarily for the transportation and storage of natural gas with expiration dates ranging from late April 2020 through 2040 . The required capacity and/or minimum payments under contracts, including those discussed above, at March 31, 2020 were estimated as follows: Remainder of 2020 2021 2022 2023 2024 Thereafter (millions) FPL (a) $ 800 $ 1,010 $ 990 $ 975 $ 970 $ 11,350 NEER (b)(c)(d) $ 3,170 $ 585 $ 260 $ 180 $ 185 $ 1,395 ——————————————— (a) Includes approximately $305 million , $415 million , $415 million , $410 million , $410 million and $6,765 million for the remainder of 2020 through 2024 and thereafter, respectively, of firm commitments related to the natural gas transportation agreements with Sabal Trail and Florida Southeast Connection. The charges associated with these agreements are recoverable through the fuel clause and totaled approximately $79 million and $79 million for the three months ended March 31, 2020 and 2019 , respectively, of which $27 million and $28 million , respectively, were eliminated in consolidation at NEE. (b) Includes approximately $70 million , $70 million , $70 million , $70 million and $1,110 million for 2021 through 2024 and thereafter, respectively, of firm commitments related to a natural gas transportation agreement with a joint venture, in which NEER has a 31% equity investment, that is constructing a natural gas pipeline. These firm commitments are subject to the completion of construction of the pipeline, which is expected in 2020. (c) Includes approximately $110 million of commitments to invest in technology investments through 2029. (d) Includes approximately $230 million , $20 million , $20 million , $20 million , $10 million and $15 million for the remainder of 2020 through 2024 and thereafter, respectively, of joint obligations of NEECH and NEER. Insurance - Liability for accidents at nuclear power plants is governed by the Price-Anderson Act, which limits the liability of nuclear reactor owners to the amount of insurance available from both private sources and an industry retrospective payment plan. In accordance with this Act, NEE maintains $450 million of private liability insurance per site, which is the maximum obtainable, and participates in a secondary financial protection system, which provides up to $13.5 billion of liability insurance coverage per incident at any nuclear reactor in the U.S. Under the secondary financial protection system, NEE is subject to retrospective assessments of up to $1.1 billion ( $550 million for FPL), plus any applicable taxes, per incident at any nuclear reactor in the U.S., payable at a rate not to exceed $164 million ( $82 million for FPL) per incident per year. NEE and FPL are contractually entitled to recover a proportionate share of such assessments from the owners of minority interests in Seabrook, Duane Arnold and St. Lucie Unit No. 2, which approximates $16 million , $41 million and $20 million , plus any applicable taxes, per incident, respectively. NEE participates in a nuclear insurance mutual company that provides $2.75 billion of limited insurance coverage per occurrence per site for property damage, decontamination and premature decommissioning risks at its nuclear plants and a sublimit of $1.5 billion for non-nuclear perils, except for Duane Arnold which has a sublimit of $500 million . NEE participates in co-insurance of 10% of the first $400 million of losses per site per occurrence. The proceeds from such insurance, however, must first be used for reactor stabilization and site decontamination before they can be used for plant repair. NEE also participates in an insurance program that provides limited coverage for replacement power costs if a nuclear plant is out of service for an extended period of time because of an accident. In the event of an accident at one of NEE's or another participating insured's nuclear plants, NEE could be assessed up to $173 million ( $106 million for FPL), plus any applicable taxes, in retrospective premiums in a policy year. NEE and FPL are contractually entitled to recover a proportionate share of such assessments from the owners of minority interests in Seabrook, Duane Arnold and St. Lucie Unit No. 2, which approximates $2 million , $4 million and $4 million , plus any applicable taxes, respectively. Due to the high cost and limited coverage available from third-party insurers, NEE does not have property insurance coverage for a substantial portion of either its transmission and distribution property or natural gas pipeline assets. If either FPL's or Gulf Power's future storm restoration costs exceed their respective storm reserve, FPL and Gulf Power may recover their storm restoration costs, subject to prudence review by the FPSC, through surcharges approved by the FPSC or through securitization provisions pursuant to Florida law. In the event of a loss, the amount of insurance available might not be adequate to cover property damage and other expenses incurred. Uninsured losses and other expenses, to the extent not recovered from customers in the case of FPL or Gulf Power, would be borne by NEE and either FPL or Gulf Power, and could have a material adverse effect on NEE's and FPL's financial condition, results of operations and liquidity. Coronavirus Pandemic - NEE and FPL are closely monitoring the global outbreak of the novel coronavirus (COVID-19) and are taking steps intended to mitigate the potential risks to NEE and FPL posed by COVID-19. NEE, including FPL, has implemented its pandemic plan, which includes putting in place various processes and procedures to limit the impact on its business, as well as the spread of the virus in its workforce. NEE and its subsidiaries, including FPL, have been able to access the capital markets. To date, there has been no material impact on NEE’s or FPL’s workforce, operations, financial performance, liquidity or on their supply chain 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, or NEE’s and FPL’s workforce, customers and suppliers are uncertain. NEE and FPL cannot predict whether COVID-19 will have a material impact on their businesses, financial condition, liquidity or results of operations.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Segment Information	Segment Information The table below presents information for NEE's reportable segments, FPL, a rate-regulated utility business, and NEER, which is comprised of competitive energy and rate-regulated transmission businesses, as well as for Gulf Power, a rate-regulated utility business acquired in January 2019 (see Note 7 - Gulf Power). Corporate and Other represents other business activities and includes eliminating entries. During the fourth quarter of 2019, NEET, which was previously reported in Corporate and Other, was moved to the NEER segment. Prior year amounts for NEER and Corporate and Other were adjusted to reflect this segment change. Three Months Ended March 31, 2020 2019 FPL Gulf Power NEER (a) Corporate and Other NEE FPL Gulf Power NEER (a) Corporate NEE Consoli- dated (millions) Operating revenues $ 2,540 $ 328 $ 1,773 $ (28 ) $ 4,613 $ 2,618 $ 328 $ 1,161 $ (32 ) $ 4,075 Operating expenses - net $ 1,625 $ 270 $ 706 $ 31 $ 2,632 $ 1,761 $ 271 $ 865 $ 43 $ 2,940 Net income (loss) attributable to NEE $ 642 $ 40 $ 318 (b) $ (579 ) $ 421 $ 588 $ 37 $ 321 (b) $ (266 ) $ 680 ——————————————— (a) Interest expense allocated from NEECH is based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resources' subsidiaries. Residual NEECH corporate interest expense is included in Corporate and Other. (b) See Note 6 for a discussion of NEER's tax benefits related to PTCs. March 31, 2020 December 31, 2019 FPL Gulf Power NEER Corporate and Other NEE Consoli- dated FPL Gulf Power NEER Corporate and Other NEE Consoli- dated (millions) Total assets $ 58,317 $ 6,240 $ 51,455 $ 4,625 $ 120,637 $ 57,188 $ 5,855 $ 51,516 $ 3,132 $ 117,691

Summary of Significant Accoun_2

Summary of Significant Accounting and Reporting Policies (Policies)	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Derivative Instruments	NEE and FPL use derivative instruments (primarily swaps, options, futures and forwards) to manage the physical and financial risks inherent in the purchase and sale of fuel and electricity, as well as interest rate and foreign currency exchange rate risk associated primarily with outstanding and expected future debt issuances and borrowings, and to optimize the value of NEER's power generation and gas infrastructure assets. NEE and FPL do not utilize hedge accounting for their cash flow and fair value hedges. With respect to commodities related to NEE's competitive energy business, NEER employs risk management procedures to conduct its activities related to optimizing the value of its power generation and gas infrastructure assets, providing full energy and capacity requirements services primarily to distribution utilities, and engaging in power and gas marketing and trading activities to take advantage of expected future favorable price movements and changes in the expected volatility of prices in the energy markets. These risk management activities involve the use of derivative instruments executed within prescribed limits to manage the risk associated with fluctuating commodity prices. Transactions in derivative instruments are executed on recognized exchanges or via the OTC markets, depending on the most favorable credit terms and market execution factors. For NEER's power generation and gas infrastructure assets, derivative instruments are used to hedge all or a portion of the expected output of these assets. These hedges are designed to reduce the effect of adverse changes in the wholesale forward commodity markets associated with NEER's power generation and gas infrastructure assets. With regard to full energy and capacity requirements services, NEER is required to vary the quantity of energy and related services based on the load demands of the customers served. For this type of transaction, derivative instruments are used to hedge the anticipated electricity quantities required to serve these customers and reduce the effect of unfavorable changes in the forward energy markets. Additionally, NEER takes positions in energy markets based on differences between actual forward market levels and management's view of fundamental market conditions, including supply/demand imbalances, changes in traditional flows of energy, changes in short- and long-term weather patterns and anticipated regulatory and legislative outcomes. NEER uses derivative instruments to realize value from these market dislocations, subject to strict risk management limits around market, operational and credit exposure. Derivative instruments, when required to be marked to market, are recorded on NEE's and FPL's condensed consolidated balance sheets as either an asset or liability measured at fair value. At FPL, substantially all changes in the derivatives' fair value are deferred as a regulatory asset or liability until the contracts are settled, and, upon settlement, any gains or losses are passed through the fuel clause. For NEE's non-rate regulated operations, predominantly NEER, essentially all changes in the derivatives' fair value for power purchases and sales, fuel sales and trading activities are recognized on a net basis in operating revenues and the equity method investees' related activity is recognized in equity in earnings of equity method investees in NEE's condensed consolidated statements of income. Settlement gains and losses are included within the line items in the condensed consolidated statements of income to which they relate. Transactions for which physical delivery is deemed not to have occurred are presented on a net basis in the condensed consolidated statements of income. For commodity derivatives, NEE believes that, where offsetting positions exist at the same location for the same time, the transactions are considered to have been netted and therefore physical delivery has been deemed not to have occurred for financial reporting purposes. Settlements related to derivative instruments are primarily recognized in net cash provided by operating activities in NEE's and FPL's condensed consolidated statements of cash flows.
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. NEE and FPL use 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. NEE's and FPL's assessment of the significance of any particular input to the fair value measurement requires judgment and may affect placement 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. Cash Equivalents and Restricted Cash Equivalents - NEE and FPL hold investments in money market funds. The fair value of these funds is estimated using a market approach based on current observable market prices. Special Use Funds and Other Investments - NEE and FPL hold primarily debt and equity securities directly, as well as indirectly through commingled funds. Substantially all directly held equity securities are valued at their quoted market prices. For directly held debt securities, multiple prices and price types are obtained from pricing vendors whenever possible, which enables cross-provider validations. A primary price source is identified based on asset type, class or issue of each security. Commingled funds, which are similar to mutual funds, are maintained by banks or investment companies and hold certain investments in accordance with a stated set of objectives. The fair value of commingled funds is primarily derived from the quoted prices in active markets of the underlying securities. Because the fund shares are offered to a limited group of investors, they are not considered to be traded in an active market. Derivative Instruments - NEE and FPL measure the fair value of commodity contracts using a combination of market and income approaches utilizing prices observed on commodities exchanges and in the OTC markets, or through the use of industry-standard valuation techniques, such as option modeling or discounted cash flows techniques, incorporating both observable and unobservable valuation inputs. The resulting measurements are the best estimate of fair value as represented by the transfer of the asset or liability through an orderly transaction in the marketplace at the measurement date. Most exchange-traded derivative assets and liabilities are valued directly using unadjusted quoted prices. For exchange-traded derivative assets and liabilities where the principal market is deemed to be inactive based on average daily volumes and open interest, the measurement is established using settlement prices from the exchanges, and therefore considered to be valued using other observable inputs. NEE, through its subsidiaries, including FPL, also enters into OTC commodity contract derivatives. The majority of these contracts are transacted at liquid trading points, and the prices for these contracts are verified using quoted prices in active markets from exchanges, brokers or pricing services for similar contracts. NEE, through NEER, also enters into full requirements contracts, which, in most cases, meet the definition of derivatives and are measured at fair value. These contracts typically have one or more inputs that are not observable and are significant to the valuation of the contract. In addition, certain exchange and non-exchange traded derivative options at NEE have one or more significant inputs that are not observable, and are valued using industry-standard option models. In all cases where NEE and FPL use significant unobservable inputs for the valuation of a commodity contract, consideration is given to the assumptions that market participants would use in valuing the asset or liability. The primary input to the valuation models for commodity contracts is the forward commodity curve for the respective instruments. Other inputs include, but are not limited to, assumptions about market liquidity, volatility, correlation and contract duration as more fully described below in Significant Unobservable Inputs Used in Recurring Fair Value Measurements. In instances where the reference markets are deemed to be inactive or do not have transactions for a similar contract, the derivative assets and liabilities may be valued using significant other observable inputs and potentially significant unobservable inputs. In such instances, the valuation for these contracts is established using techniques including extrapolation from or interpolation between actively traded contracts, or estimated basis adjustments from liquid trading points. NEE and FPL regularly evaluate and validate the inputs used to determine fair value by a number of methods, consisting of various market price verification procedures, including the use of pricing services and multiple broker quotes to support the market price of the various commodities. In all cases where there are assumptions and models used to generate inputs for valuing derivative assets and liabilities, the review and verification of the assumptions, models and changes to the models are undertaken by individuals that are independent of those responsible for estimating fair value. NEE uses interest rate contracts and foreign currency contracts to mitigate and adjust interest rate and foreign currency exchange exposure related primarily to certain outstanding and expected future debt issuances and borrowings when deemed appropriate based on market conditions or when required by financing agreements. NEE estimates the fair value of these 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.

NEP (Tables)

NEP (Tables)	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summarized Financial Information	Summarized financial information of NEP is as follows: Three Months Ended March 31, 2020 2019 (millions) Operating revenues $ 212 $ 177 Operating income $ 49 $ 34 Net loss $ (720 ) $ (121 ) Net loss attributable to NEP $ (222 ) $ (22 )

Employee Retirement Benefits (T

Employee Retirement Benefits (Tables)	3 Months Ended
	Mar. 31, 2020
Retirement Benefits [Abstract]
Net periodic benefit (income) cost	The components of net periodic income for the plans are as follows: Pension Benefits Postretirement Benefits Three Months Ended March 31, Three Months Ended March 31, 2020 2019 2020 2019 (millions) Service cost $ 21 $ 20 $ — $ — Interest cost 23 29 2 3 Expected return on plan assets (80 ) (79 ) — — Amortization of prior service benefit — — (4 ) (4 ) Amortization of actuarial loss 4 — 1 — Special termination benefits (a) 2 — — — Net periodic income at NEE $ (30 ) $ (30 ) $ (1 ) $ (1 ) Net periodic income allocated to FPL $ (19 ) $ (18 ) $ (1 ) $ (1 )

Derivative Instruments (Tables)

Derivative Instruments (Tables)	3 Months Ended
	Mar. 31, 2020
Derivative [Line Items]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The tables below present NEE's and FPL's gross derivative positions at March 31, 2020 and December 31, 2019 , as required by disclosure rules. However, the majority of the underlying contracts are subject to master netting agreements and generally would not be contractually settled on a gross basis. Therefore, the tables below also present the derivative positions on a net basis, which reflect the offsetting of positions of certain transactions within the portfolio, the contractual ability to settle contracts under master netting arrangements and the netting of margin cash collateral (see Note 5 - Recurring Fair Value Measurements for netting information), as well as the location of the net derivative position on the condensed consolidated balance sheets. March 31, 2020 Gross Basis Net Basis Assets Liabilities Assets Liabilities (millions) NEE: Commodity contracts $ 6,367 $ 4,103 $ 2,900 $ 710 Interest rate contracts 39 1,517 9 1,487 Foreign currency contracts 21 107 21 107 Total fair values $ 6,427 $ 5,727 $ 2,930 $ 2,304 FPL: Commodity contracts $ 5 $ 17 $ 3 $ 15 Net fair value by NEE balance sheet line item: Current derivative assets (a) $ 994 Noncurrent derivative assets (b) 1,936 Current derivative liabilities (c) $ 448 Noncurrent derivative liabilities 1,856 Total derivatives $ 2,930 $ 2,304 Net fair value by FPL balance sheet line item: Current other assets $ 3 Current other liabilities $ 15 Total derivatives $ 3 $ 15 ——————————————— (a) Reflects the netting of approximately $27 million in margin cash collateral received from counterparties. (b) Reflects the netting of approximately $160 million in margin cash collateral received from counterparties. (c) Reflects the netting of approximately $113 million in margin cash collateral paid to counterparties. December 31, 2019 Gross Basis Net Basis Assets Liabilities Assets Liabilities (millions) NEE: Commodity contracts $ 5,050 $ 3,201 $ 2,350 $ 576 Interest rate contracts 26 742 9 725 Foreign currency contracts 26 38 27 39 Total fair values $ 5,102 $ 3,981 $ 2,386 $ 1,340 FPL: Commodity contracts $ 4 $ 14 $ 3 $ 13 Net fair value by NEE balance sheet line item: Current derivative assets (a) $ 762 Noncurrent derivative assets (b) 1,624 Current derivative liabilities (c) $ 344 Current other liabilities (d) 133 Noncurrent derivative liabilities 863 Total derivatives $ 2,386 $ 1,340 Net fair value by FPL balance sheet line item: Current other assets $ 3 Current other liabilities $ 12 Noncurrent other liabilities 1 Total derivatives $ 3 $ 13 ——————————————— (a) Reflects the netting of approximately $2 million in margin cash collateral received from counterparties. (b) Reflects the netting of approximately $139 million in margin cash collateral received from counterparties. (c) Reflects the netting of approximately $66 million in margin cash collateral paid to counterparties. (d) See Note 11 - Disposal of a Business.
Net Notional Volumes	NEE and FPL had derivative commodity contracts for the following net notional volumes: March 31, 2020 December 31, 2019 Commodity Type NEE FPL NEE FPL (millions) Power (76 ) MWh 1 MWh (81 ) MWh 1 MWh Natural gas (158 ) MMBtu 283 MMBtu (1,723 ) MMBtu 161 MMBtu Oil (10 ) barrels — (13 ) barrels —
Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	Gains (losses) related to NEE's derivatives are recorded in NEE's condensed consolidated statements of income as follows: Three Months Ended March 31, 2020 2019 (millions) Commodity contracts (a) - operating revenues $ 625 $ (4 ) Foreign currency contracts - interest expense (79 ) (19 ) Interest rate contracts - interest expense (905 ) (326 ) Losses reclassified from AOCI: Interest rate contracts (b) (25 ) (12 ) Foreign currency contracts - interest expense (1 ) (1 ) Total $ (385 ) $ (362 ) ——————————————— (a) For the three months ended March 31, 2020 and 2019, FPL recorded losses of approximately $3 million and gains of $2 million , respectively, related to commodity contracts as regulatory assets and regulatory liabilities, respectively, on its condensed consolidated balance sheets. (b) For the three months ended March 31, 2020 , approximately $23 million was reclassified to gains on disposal of businesses/assets - net (see Note 11 - Disposal of a Business); remaining balances were reclassified to interest expense on NEE's condensed consolidated statements of income.

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Financial assets and liabilities and other fair value measurements	NEE's and FPL'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 Level 1 Level 2 Level 3 Netting (a) Total (millions) Assets: Cash equivalents and restricted cash equivalents: (b) NEE - equity securities $ 3,115 $ — $ — $ 3,115 FPL - equity securities $ 1,127 $ — $ — $ 1,127 Special use funds: (c) NEE: Equity securities $ 1,505 $ 1,661 (d) $ — $ 3,166 U.S. Government and municipal bonds $ 503 $ 168 $ — $ 671 Corporate debt securities $ 1 $ 732 $ — $ 733 Mortgage-backed securities $ — $ 505 $ — $ 505 Other debt securities $ — $ 107 $ — $ 107 FPL: Equity securities $ 484 $ 1,505 (d) $ — $ 1,989 U.S. Government and municipal bonds $ 396 $ 112 $ — $ 508 Corporate debt securities $ — $ 529 $ — $ 529 Mortgage-backed securities $ — $ 375 $ — $ 375 Other debt securities $ — $ 99 $ — $ 99 Other investments: (e) NEE: Equity securities $ 30 $ 11 $ — $ 41 Debt securities $ 65 $ 79 $ — $ 144 Derivatives: NEE: Commodity contracts $ 1,628 $ 2,714 $ 2,025 $ (3,467 ) $ 2,900 (f) Interest rate contracts $ — $ 39 $ — $ (30 ) $ 9 (f) Foreign currency contracts $ — $ 21 $ — $ — $ 21 (f) FPL - commodity contracts $ — $ 3 $ 2 $ (2 ) $ 3 (f) Liabilities: Derivatives: NEE: Commodity contracts $ 1,838 $ 1,780 $ 485 $ (3,393 ) $ 710 (f) Interest rate contracts $ — $ 1,496 $ 21 $ (30 ) $ 1,487 (f) Foreign currency contracts $ — $ 107 $ — $ — $ 107 (f) FPL - commodity contracts $ — $ 6 $ 11 $ (2 ) $ 15 (f) ——————————————— (a) Includes the effect of the contractual ability to settle contracts under master netting arrangements and the netting of margin cash collateral payments and receipts. NEE and FPL also have contract settlement receivable and payable balances that are subject to master netting arrangements but are not offset within the condensed consolidated balance sheets and are recorded in customer receivables - net and accounts payable, respectively. (b) Includes restricted cash equivalents of approximately $79 million ( $77 million for FPL) in current other assets and $55 million ( $55 million for FPL) in noncurrent other assets on the condensed consolidated balance sheets. (c) Excludes investments accounted for under the equity method and loans not measured at fair value on a recurring basis. See Fair Value of Financial Instruments Recorded at Other than Fair Value below. (d) Primarily invested in commingled funds whose underlying securities would be Level 1 if those securities were held directly by NEE or FPL. (e) Included in noncurrent other assets on NEE's condensed consolidated balance sheet. (f) See Note 4 - Fair Value of Derivative Instruments for a reconciliation of net derivatives to NEE's and FPL's condensed consolidated balance sheets. December 31, 2019 Level 1 Level 2 Level 3 Netting (a) Total (millions) Assets: Cash equivalents and restricted cash equivalents: (b) NEE - equity securities $ 363 $ — $ — $ 363 FPL - equity securities $ 156 $ — $ — $ 156 Special use funds: (c) NEE: Equity securities $ 1,875 $ 2,088 (d) $ — $ 3,963 U.S. Government and municipal bonds $ 567 $ 150 $ — $ 717 Corporate debt securities $ — $ 748 $ — $ 748 Mortgage-backed securities $ — $ 517 $ — $ 517 Other debt securities $ — $ 117 $ — $ 117 FPL: Equity securities $ 596 $ 1,895 (d) $ — $ 2,491 U.S. Government and municipal bonds $ 429 $ 106 $ — $ 535 Corporate debt securities $ — $ 533 $ — $ 533 Mortgage-backed securities $ — $ 395 $ — $ 395 Other debt securities $ — $ 111 $ — $ 111 Other investments: (e) NEE: Equity securities $ 34 $ 12 $ — $ 46 Debt securities $ 82 $ 69 $ — $ 151 Derivatives: NEE: Commodity contracts $ 1,229 $ 2,082 $ 1,739 $ (2,700 ) $ 2,350 (f) Interest rate contracts $ — $ 24 $ 2 $ (17 ) $ 9 (f) Foreign currency contracts $ — $ 26 $ — $ 1 $ 27 (f) FPL - commodity contracts $ — $ 3 $ 1 $ (1 ) $ 3 (f) Liabilities: Derivatives: NEE: Commodity contracts $ 1,365 $ 1,446 $ 390 $ (2,625 ) $ 576 (f) Interest rate contracts $ — $ 598 $ 144 $ (17 ) $ 725 (f) Foreign currency contracts $ — $ 38 $ — $ 1 $ 39 (f) FPL - commodity contracts $ — $ 5 $ 9 $ (1 ) $ 13 (f) ——————————————— (a) Includes the effect of the contractual ability to settle contracts under master netting arrangements and the netting of margin cash collateral payments and receipts. NEE and FPL also have contract settlement receivable and payable balances that are subject to master netting arrangements but are not offset within the condensed consolidated balance sheets and are recorded in customer receivables - net and accounts payable, respectively. (b) Includes restricted cash equivalents of approximately $60 million ( $54 million for FPL) in current other assets and $64 million ($ 64 million for FPL) in noncurrent other assets on the condensed consolidated balance sheets. (c) Excludes investments accounted for under the equity method and loans not measured at fair value on a recurring basis. See Fair Value of Financial Instruments Recorded at Other than Fair Value below. (d) Primarily invested in commingled funds whose underlying securities would be Level 1 if those securities were held directly by NEE or FPL. (e) Included in noncurrent other assets on NEE's condensed consolidated balance sheet. (f) See Note 4 - Fair Value of Derivative Instruments for a reconciliation of net derivatives to NEE's and FPL's condensed consolidated balance sheets.
Significant unobservable inputs used in valuation of contracts categorized as Level 3	The significant unobservable inputs used in the valuation of NEE's commodity contracts categorized as Level 3 of the fair value hierarchy at March 31, 2020 are as follows: Fair Value at Valuation Significant Weighted- Transaction Type March 31, 2020 Technique(s) Unobservable Inputs Range average (a) Assets Liabilities (millions) Forward contracts - power $ 864 $ 111 Discounted cash flow Forward price (per MWh) $2 — $194 $26 Forward contracts - gas 271 22 Discounted cash flow Forward price (per MMBtu) $1 — $6 $2 Forward contracts - congestion 21 4 Discounted cash flow Forward price (per MWh) $(13) — $32 $— Options - power 33 10 Option models Implied correlations 31% — 84% 50% Implied volatilities 13% — 295% 45% Options - primarily gas 238 248 Option models Implied correlations 31% — 100% 53% Implied volatilities 14% — 278% 36% Full requirements and unit contingent contracts 574 69 Discounted cash flow Forward price (per MWh) $6 — $748 $46 Customer migration rate (b) —% — 13% —% Forward contracts - other 24 21 Total $ 2,025 $ 485 ——————————————— (a)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation	(b) Applies only to full requirements contracts.
Reconciliation of changes in the fair value measured based on significant unobservable inputs	The reconciliation of changes in the fair value of derivatives that are based on significant unobservable inputs is as follows: Three Months Ended March 31, 2020 2019 NEE FPL NEE FPL (millions) Fair value of net derivatives based on significant unobservable inputs at December 31 of prior period $ 1,207 $ (8 ) $ 647 $ (36 ) Realized and unrealized gains (losses): Included in earnings (a) 387 — 180 — Included in other comprehensive income (loss) (b) — — 3 — Included in regulatory assets and liabilities (2 ) (2 ) (2 ) (2 ) Purchases 81 — 24 — Sales (c) 114 — — — Settlements (206 ) 1 (39 ) 20 Issuances (32 ) — (14 ) — Transfers out (d) (30 ) — 45 2 Fair value of net derivatives based on significant unobservable inputs at March 31 $ 1,519 $ (9 ) $ 844 $ (16 ) Gains (losses) included in earnings attributable to the change in unrealized gains (losses) relating to derivatives held at the reporting date (e) $ 308 $ — $ 116 $ — ——————————————— (a) For the three months ended March 31, 2020 and 2019 , realized and unrealized gains of approximately $405 million and $194 million , respectively, are included in the condensed consolidated statements of income in operating revenues and the balance is included in interest expense. (b) Included in net unrealized gains (losses) on foreign currency translation in the condensed consolidated statements of comprehensive income. (c) See Note 11 - Disposal of a Business. (d) Transfers from Level 3 to Level 2 were a result of increased observability of market data. (e) For the three months ended March 31, 2020 and 2019 , unrealized gains of approximately $319 million and $130 million , respectively, are included in the condensed consolidated statements of income in operating revenues and the balance is included in interest expense.
Fair Value, by Balance Sheet Grouping	The carrying amounts of commercial paper and other short-term debt approximate their fair values. 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 Amount Estimated Fair Value Carrying Amount Estimated Fair Value (millions) NEE: Special use funds (a) $ 931 $ 930 $ 892 $ 891 Other investments (b) $ 23 $ 23 $ 30 $ 30 Long-term debt, including current portion (c) $ 43,605 $ 45,791 (d) $ 39,667 $ 42,928 (d) FPL: Special use funds (a) $ 736 $ 735 $ 706 $ 705 Long-term debt, including current portion $ 15,422 $ 17,721 (d) $ 14,161 $ 16,448 (d) ——————————————— (a) Primarily represents investments accounted for under the equity method and loans not measured at fair value on a recurring basis (Level 2). (b) Included in noncurrent other assets on NEE's condensed consolidated balance sheets. (c) Excludes debt totaling approximately $463 million classified as held for sale, which is included in current other liabilities on NEE's condensed consolidated balance sheet at December 31, 2019, for which the carrying amount approximated fair value. See Note 11 - Disposal of a Business. (d) At March 31, 2020 and December 31, 2019 , substantially all is Level 2 for NEE and all is Level 2 for FPL.
Gains and Losses on Available-for-sale Debt Securities	Realized gains and losses and proceeds from the sale or maturity of available for sale debt securities are as follows: NEE FPL Three Months Ended March 31, Three Months Ended March 31, 2020 2019 2020 2019 (millions) Realized gains $ 30 $ 9 $ 25 $ 5 Realized losses $ 17 $ 9 $ 15 $ 4 Proceeds from sale or maturity of securities $ 738 $ 687 $ 607 $ 543 The unrealized gains and unrealized losses on available for sale debt securities and the fair value of available for sale debt securities in an unrealized loss position are as follows: NEE FPL March 31, 2020 December 31, 2019 March 31, 2020 December 31, 2019 (millions) Unrealized gains $ 89 $ 75 $ 70 $ 58 Unrealized losses (a) $ 82 $ 7 $ 66 $ 7 Fair value $ 603 $ 314 $ 448 $ 240 ——————————————— (a) Unrealized losses on available for sale debt securities in an unrealized loss position for greater than twelve months at March 31, 2020 and December 31, 2019 were not material to NEE or FPL.

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Reconciliation Between the Effective Income Tax Rates and the Applicable Statutory Rate	A reconciliation between the effective income tax rates and the applicable statutory rate is as follows: NEE FPL Three Months Ended March 31, Three Months Ended March 31, 2020 2019 2020 2019 Statutory federal income tax rate 21.0 % 21.0 % 21.0 % 21.0 % Increases (reductions) resulting from: State income taxes - net of federal income tax benefit (61.0 ) 4.7 4.3 4.4 Taxes attributable to noncontrolling interests 32.7 2.3 — — PTCs and ITCs - NEER (86.5 ) (8.3 ) — — Amortization of deferred regulatory credit (55.5 ) (4.8 ) (5.0 ) (3.8 ) Foreign operations (76.9 ) 0.3 — — Other - net (95.7 ) (4.3 ) (2.7 ) (0.7 ) Effective income tax rate (321.9 )% 10.9 % 17.6 % 20.9 %

Equity (Tables)

Equity (Tables)	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Reconciliation of basic and diluted earnings per share of common stock	Earnings Per Share - The reconciliation of NEE's basic and diluted earnings per share attributable to NEE is as follows: Three Months Ended March 31, 2020 2019 (millions, except per share amounts) Numerator - net income attributable to NEE (a) $ 421 $ 680 Denominator: Weighted-average number of common shares outstanding - basic 489.3 478.3 Equity units, stock options, performance share awards and restricted stock (b) 2.4 3.5 Weighted-average number of common shares outstanding - assuming dilution 491.7 481.8 Earnings per share attributable to NEE: Basic $ 0.86 $ 1.42 Assuming dilution $ 0.86 $ 1.41 ——————————————— (a) The NEP Series A convertible preferred units and the NEP senior unsecured convertible notes were both antidilutive for the three months ended March 31, 2020 and 2019 . (b) Calculated using the treasury stock method. Performance share awards are included in diluted weighted-average number of common shares outstanding based upon what would be issued if the end of the reporting period was the end of the term of the award.
Schedule of Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) - The components of AOCI, net of tax, are as follows: Accumulated Other Comprehensive Income (Loss) Net Unrealized Gains (Losses) on Cash Flow Hedges Net Unrealized Gains (Losses) on Available for Sale Securities Defined Benefit Pension and Other Benefits Plans Net Unrealized Gains (Losses) on Foreign Currency Translation Other Comprehensive Income (Loss) Related to Equity Method Investees Total (millions) Three Months Ended March 31, 2020 Balances, December 31, 2019 $ (27 ) $ 11 $ (114 ) $ (42 ) $ 3 $ (169 ) Other comprehensive loss before reclassifications — (8 ) — (35 ) — (43 ) Amounts reclassified from AOCI 2 (a) (1 ) (b) 3 (c) — — 4 Net other comprehensive income (loss) 2 (9 ) 3 (35 ) — (39 ) Impact of disposal of a business 23 (d) — — (13 ) (d) — 10 Balances, March 31, 2020 $ (2 ) $ 2 $ (111 ) $ (90 ) $ 3 $ (198 ) Attributable to noncontrolling interests $ — $ — $ — $ (6 ) $ — $ (6 ) Attributable to NEE $ (2 ) $ 2 $ (111 ) $ (84 ) $ 3 $ (192 ) Accumulated Other Comprehensive Income (Loss) Net Unrealized Gains (Losses) on Cash Flow Hedges Net Unrealized Gains (Losses) on Available for Sale Securities Defined Benefit Pension and Other Benefits Plans Net Unrealized Gains (Losses) on Foreign Currency Translation Other Comprehensive Income (Loss) Related to Equity Method Investees Total (millions) Three Months Ended March 31, 2019 Balances, December 31, 2018 $ (55 ) $ (7 ) $ (65 ) $ (63 ) $ 2 $ (188 ) Other comprehensive income (loss) before reclassifications — 8 (52 ) 10 (1 ) (35 ) Amounts reclassified from AOCI 10 (a) 2 (b) (1 ) (c) — — 11 Net other comprehensive income (loss) 10 10 (53 ) 10 (1 ) (24 ) Acquisition of Gulf Power (1 ) — — — — (1 ) Balances, March 31, 2019 $ (46 ) $ 3 $ (118 ) $ (53 ) $ 1 $ (213 ) ——————————————— (a) Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 4 - Income Statement Impact of Derivative Instruments. (b) Reclassified to gains on disposal of investments and other property - net in NEE's condensed consolidated statements of income. (c) Reclassified to other net periodic benefit income in NEE's condensed consolidated statements of income. (d) Reclassified to gains on disposal of businesses/assets - net and interest expense in NEE's condensed consolidated statements of income. See Note 4 - Income Statement Impact of Derivative Instruments. See Note 11 - Disposal of a Business.

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Long-term debt issuances and borrowings	Significant long-term debt issuances and borrowings during the three months ended March 31, 2020 were as follows: Principal Amount Interest Rate Maturity Date (millions) FPL: First mortgage bonds $ 1,100 2.85 % 2025 Senior unsecured notes $ 175 Variable (a) 2070 NEECH: Debentures, related to NEE's equity units $ 2,500 1.84 % 2025 ——————————————— (a)

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies [Abstract]
Schedule of Planned Capital Expenditures	At March 31, 2020 , estimated capital expenditures for the remainder of 2020 through 2024 for which applicable internal approvals (and also, if required, regulatory approvals such as FPSC approvals for FPL and Gulf Power) have been received were as follows: Remainder of 2020 2021 2022 2023 2024 Total (millions) FPL: Generation: (a) New (b) $ 980 $ 885 $ 550 $ 490 $ 710 $ 3,615 Existing 750 950 1,075 1,155 885 4,815 Transmission and distribution (c) 2,450 4,040 4,110 4,450 4,450 19,500 Nuclear fuel 135 220 165 120 145 785 General and other 560 500 440 415 420 2,335 Total $ 4,875 $ 6,595 $ 6,340 $ 6,630 $ 6,610 $ 31,050 Gulf Power $ 620 $ 810 $ 645 $ 650 $ 680 $ 3,405 NEER: Wind (d) $ 2,580 $ 180 $ 10 $ 10 $ 10 $ 2,790 Solar (e) 855 485 — 5 — 1,345 Battery storage 85 455 — — — 540 Nuclear, including nuclear fuel 95 210 165 120 180 770 Natural gas pipelines (f) 525 280 25 — — 830 Rate-regulated transmission 235 140 30 10 15 430 Other 550 55 65 50 60 780 Total $ 4,925 $ 1,805 $ 295 $ 195 $ 265 $ 7,485 ——————————————— (a) Includes AFUDC of approximately $25 million , $70 million , $40 million , $20 million and $30 million for the remainder of 2020 through 2024, respectively. (b) Includes land, generation structures, transmission interconnection and integration and licensing. (c) Includes AFUDC of approximately $30 million , $55 million , $55 million , $40 million and $35 million for the remainder of 2020 through 2024, respectively. (d) Consists of capital expenditures for new wind projects, repowering of existing wind projects and related transmission totaling approximately 4,215 MW. (e) Includes capital expenditures for new solar projects and related transmission totaling approximately 1,580 MW. (f) Construction of two natural gas pipelines are subject to certain conditions, including applicable regulatory approvals. In addition, completion of another natural gas pipeline is subject to final permitting.
Required capacity and/or minimum payments under contracts	The required capacity and/or minimum payments under contracts, including those discussed above, at March 31, 2020 were estimated as follows: Remainder of 2020 2021 2022 2023 2024 Thereafter (millions) FPL (a) $ 800 $ 1,010 $ 990 $ 975 $ 970 $ 11,350 NEER (b)(c)(d) $ 3,170 $ 585 $ 260 $ 180 $ 185 $ 1,395 ——————————————— (a) Includes approximately $305 million , $415 million , $415 million , $410 million , $410 million and $6,765 million for the remainder of 2020 through 2024 and thereafter, respectively, of firm commitments related to the natural gas transportation agreements with Sabal Trail and Florida Southeast Connection. The charges associated with these agreements are recoverable through the fuel clause and totaled approximately $79 million and $79 million for the three months ended March 31, 2020 and 2019 , respectively, of which $27 million and $28 million , respectively, were eliminated in consolidation at NEE. (b) Includes approximately $70 million , $70 million , $70 million , $70 million and $1,110 million for 2021 through 2024 and thereafter, respectively, of firm commitments related to a natural gas transportation agreement with a joint venture, in which NEER has a 31% equity investment, that is constructing a natural gas pipeline. These firm commitments are subject to the completion of construction of the pipeline, which is expected in 2020. (c) Includes approximately $110 million of commitments to invest in technology investments through 2029. (d) Includes approximately $230 million , $20 million , $20 million , $20 million , $10 million and $15 million for the remainder of 2020 through 2024 and thereafter, respectively, of joint obligations of NEECH and NEER.

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Segment information	Three Months Ended March 31, 2020 2019 FPL Gulf Power NEER (a) Corporate and Other NEE FPL Gulf Power NEER (a) Corporate NEE Consoli- dated (millions) Operating revenues $ 2,540 $ 328 $ 1,773 $ (28 ) $ 4,613 $ 2,618 $ 328 $ 1,161 $ (32 ) $ 4,075 Operating expenses - net $ 1,625 $ 270 $ 706 $ 31 $ 2,632 $ 1,761 $ 271 $ 865 $ 43 $ 2,940 Net income (loss) attributable to NEE $ 642 $ 40 $ 318 (b) $ (579 ) $ 421 $ 588 $ 37 $ 321 (b) $ (266 ) $ 680 ——————————————— (a) Interest expense allocated from NEECH is based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resources' subsidiaries. Residual NEECH corporate interest expense is included in Corporate and Other. (b) See Note 6 for a discussion of NEER's tax benefits related to PTCs. March 31, 2020 December 31, 2019 FPL Gulf Power NEER Corporate and Other NEE Consoli- dated FPL Gulf Power NEER Corporate and Other NEE Consoli- dated (millions) Total assets $ 58,317 $ 6,240 $ 51,455 $ 4,625 $ 120,637 $ 57,188 $ 5,855 $ 51,516 $ 3,132 $ 117,691

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	$ 3,900	$ 3,800
FPL [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	2,500	$ 2,600
Unbilled revenues			$ 389
FPL [Member]
Disaggregation of Revenue [Line Items]
Unbilled revenues	434
NextEra Energy Resources [Member]
Disaggregation of Revenue [Line Items]
Revenue, remaining performance obligation	$ 965
Revenue Benchmark [Member] | FPL [Member]
Disaggregation of Revenue [Line Items]
Concentration risk, percentage	90.00%

NEP (Details)

NEP (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Schedule of Investments [Line Items]
Investment in equity method investees	$ 6,862		$ 7,453
Guarantor obligations, current carrying value	656
Debt instrument, fair value disclosure	31
Cash Sweep And Credit Support Agreement [Member] | NEER [Member]
Schedule of Investments [Line Items]
Fee income	28	$ 24
Due from related parties, current	71		53
Due from related parties, noncurrent	32		33
Cash Sweep And Credit Support Agreement [Member] | NEER [Member] | NextEra Energy Partners [Member]
Schedule of Investments [Line Items]
Due to related parties	$ 60		$ 12

NEP (Summarized Financial Infor

NEP (Summarized Financial Information) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Schedule of Investments [Line Items]
Operating revenues	$ 4,613	$ 4,075
Operating Income	1,981	1,135
Net Income	308	606
Net income (loss) attributable to NEE	421	680
NextEra Energy Partners [Member]
Schedule of Investments [Line Items]
Operating revenues	212	177
Operating Income	49	34
Net Income	(720)	(121)
Net income (loss) attributable to NEE	$ (222)	$ (22)

Employee Retirement Benefits (D

Employee Retirement Benefits (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Pension Benefits [Member]
Net periodic benefit (income) cost [Abstract]
Service cost	$ 21	$ 20
Interest cost	23	29
Expected return on plan assets	(80)	(79)
Amortization of prior service benefit	0	0
Amortization of actuarial loss	4	0
Special termination benefits	2	0
Net periodic benefit (income) cost	(30)	(30)
Postretirement Benefits [Member]
Net periodic benefit (income) cost [Abstract]
Service cost	0	0
Interest cost	2	3
Expected return on plan assets	0	0
Amortization of prior service benefit	(4)	(4)
Amortization of actuarial loss	1	0
Special termination benefits	0	0
Net periodic benefit (income) cost	(1)	(1)
FPL [Member] | Pension Benefits [Member]
Net periodic benefit (income) cost [Abstract]
Net periodic benefit (income) cost	(19)	(18)
FPL [Member] | Postretirement Benefits [Member]
Net periodic benefit (income) cost [Abstract]
Net periodic benefit (income) cost	$ (1)	$ (1)

Derivative Instruments (Details

Derivative Instruments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Derivative [Line Items]
Reclassification from AOCI, before Tax	$ 23	$ 6
Reclassification from AOCI, Net of Tax	3	$ 5
Total loss to be reclassified during next 12 months	8
Margin cash collateral received from counterparties that was not offset against derivative assets	37		$ 10
Margin cash collateral provided to counterparties that was not offset against derivative assets or liabilities	$ 330		$ 360

Derivative Instruments (Balance

Derivative Instruments (Balance Sheet Disclosure) (Details) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Derivatives, Fair Value [Line Items]
Derivative assets	$ 2,930	$ 2,386
Derivative Asset, Current	994	762
Derivative Asset, Noncurrent	1,936	1,624
Derivative liability	2,304	1,340
Derivative Liability, Current	448	344
Derivative Liability, Noncurrent	1,856	863
Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Liabilities Associated with Assets Held-for-Sale		133
Current derivative assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Offset Against Collateral	27	2
Non Current Derivative Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Offset Against Collateral	160	139
Noncurrent derivative liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Collateral, Right to Reclaim Cash, Offset	113	66
Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative asset, fair value, gross asset	6,427	5,102
Derivative liability, fair value, gross liability	5,727	3,981
Derivative assets	2,930	2,386
Derivative liability	2,304	1,340
Commodity Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative asset, fair value, gross asset	6,367	5,050
Derivative liability, fair value, gross liability	4,103	3,201
Derivative assets	2,900	2,350
Derivative liability	710	576
Interest Rate Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative asset, fair value, gross asset	39	26
Derivative liability, fair value, gross liability	1,517	742
Derivative assets	9	9
Derivative liability	1,487	725
Foreign Exchange Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative asset, fair value, gross asset	21	26
Derivative liability, fair value, gross liability	107	38
Derivative assets	21	27
Derivative liability	107	39
FPL [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	3	3
Derivative liability	15	13
FPL [Member] | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Current	3	3
FPL [Member] | Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Current	15	12
FPL [Member] | Other Noncurrent Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative liability		1
FPL [Member] | Commodity Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative asset, fair value, gross asset	5	4
Derivative liability, fair value, gross liability	17	14
Derivative assets	3	3
Derivative liability	$ 15	$ 13

Derivative Instruments (Income

Derivative Instruments (Income Statement Disclosure) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Gains on disposal of businesses/assets	$ (273)	$ (26)
Not Designated as Hedging Instrument [Member]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(385)	(362)
Not Designated as Hedging Instrument [Member] | Commodity Contract [Member] | Gains (losses) included in operating revenues [Member]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	625	(4)
Not Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member] | Gain Loss Included In Interest Expense Member
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(79)	(19)
Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] | Gain Loss Included In Interest Expense Member
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(905)	(326)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Not Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member] | Gain Loss Included In Interest Expense Member
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Interest Expense	(1)	(1)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] | Gain Loss Included In Interest Expense Member
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Interest Expense	(25)	(12)
Gains on disposal of businesses/assets	(23)
FPL [Member]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Gains (losses) on commodity contracts, recorded as regulatory assets and or liabilities on the balance sheet due to regulatory treatment	$ (3)	$ 2

Derivative Instruments (Net Not

Derivative Instruments (Net Notional Volumes and Additional Disclosures) (Details) bbl in Millions, MWh in Millions, MMBTU in Millions, $ in Billions	3 Months Ended	12 Months Ended
	Mar. 31, 2020USD ($)MWhMMBTUbbl	Dec. 31, 2019USD ($)MWhMMBTUbbl
Interest Rate Swap [Member]
Derivative [Line Items]
Notional amount | $	$ 8.3	$ 8.9
Currency Swap [Member]
Derivative [Line Items]
Notional amount | $	$ 1	$ 1
Short [Member] | Commodity contract - Power [Member]
Derivative [Line Items]
Non-monetary net notional amount (in MWh) | MWh	76	81
Short [Member] | Commodity contract - Natural gas [Member]
Derivative [Line Items]
Non-monetary net notional amount (in MMBtu) | MMBTU	158	1,723
Short [Member] | Commodity contract - Oil [Member]
Derivative [Line Items]
Non-monetary net notional amount (in barrels) | bbl	(10)	(13)
FPL [Member] | Short [Member] | Commodity contract - Oil [Member]
Derivative [Line Items]
Non-monetary net notional amount (in barrels) | bbl	0	0
FPL [Member] | Long [Member] | Commodity contract - Power [Member]
Derivative [Line Items]
Non-monetary net notional amount (in MWh) | MWh	1	1
FPL [Member] | Long [Member] | Commodity contract - Natural gas [Member]
Derivative [Line Items]
Non-monetary net notional amount (in MMBtu) | MMBTU	283	161

Derivative Instruments (Credit-

Derivative Instruments (Credit-Risk-Related Contingent Features) (Details) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Derivative [Line Items]
Fair value of derivative instruments with credit-risk-related contingent features that were in a liability position	$ 2,700	$ 1,700
Total required posted collateral should FPL's and Capital Holdings' credit ratings fall to BBB/Baa2	150	215
Total required posted collateral should FPL's and Capital Holdings' credit ratings fall below investment grade	1,100	1,200
Additional collateral requirements if non-ratings based contract provisions are triggered	1,400	590
Collateral already posted, aggregate fair value	2	2
Letters of credit posted through the normal course of business that could be applied toward the collateral requirements related to derivative instruments with credit-risk-related contingent features	62	88
FPL [Member]
Derivative [Line Items]
Fair value of derivative instruments with credit-risk-related contingent features that were in a liability position	12	12
Total required posted collateral should FPL's and Capital Holdings' credit ratings fall to BBB/Baa2	0	0
Total required posted collateral should FPL's and Capital Holdings' credit ratings fall below investment grade	30	35
Additional collateral requirements if non-ratings based contract provisions are triggered	60	75
Collateral already posted, aggregate fair value	0	0
Letters of credit posted through the normal course of business that could be applied toward the collateral requirements related to derivative instruments with credit-risk-related contingent features	$ 0	$ 0

Fair Value Measurements (Assets

Fair Value Measurements (Assets and Liabilities Measured on a Recurring Basis) (Details) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring [Line Items]
Restricted cash	$ 499	$ 508
Derivatives:
Derivative assets	2,930	2,386
Derivatives:
Derivative liability	2,304	1,340
Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	3,115	363
Special use funds:
Equity securities	3,166	3,963
U.S. Government and municipal bonds	671	717
Corporate debt securities	733	748
Mortgage-backed securities	505	517
Other debt securities	107	117
Other investments:
Equity Securities	41	46
Debt securities	144	151
Fair value measurements made on a recurring basis [Member] | Commodity Contract [Member]
Derivatives:
Derivative asset, netting	(3,467)	(2,700)
Derivative assets	2,900	2,350
Derivatives:
Derivative liability, netting	(3,393)	(2,625)
Derivative liability	710	576
Fair value measurements made on a recurring basis [Member] | Interest Rate Contract [Member]
Derivatives:
Derivative asset, netting	(30)	(17)
Derivative assets	9	9
Derivatives:
Derivative liability, netting	(30)	(17)
Derivative liability	1,487	725
Fair value measurements made on a recurring basis [Member] | Foreign Currency Swap [Member]
Derivatives:
Derivative asset, netting	0	1
Derivative assets	21	27
Derivatives:
Derivative liability, netting	0	1
Derivative liability	107	39
Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] | Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	3,115	363
Special use funds:
Equity securities	1,505	1,875
U.S. Government and municipal bonds	503	567
Corporate debt securities	1	0
Mortgage-backed securities	0	0
Other debt securities	0	0
Other investments:
Equity Securities	30	34
Debt securities	65	82
Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] | Fair value measurements made on a recurring basis [Member] | Commodity Contract [Member]
Derivatives:
Derivative Asset, Gross Asset	1,628	1,229
Derivatives:
Derivative Liability, Gross Liability	1,838	1,365
Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] | Fair value measurements made on a recurring basis [Member] | Interest Rate Contract [Member]
Derivatives:
Derivative Asset, Gross Asset	0	0
Derivatives:
Derivative Liability, Gross Liability	0	0
Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] | Fair value measurements made on a recurring basis [Member] | Foreign Currency Swap [Member]
Derivatives:
Derivative Asset, Gross Asset	0	0
Derivatives:
Derivative Liability, Gross Liability	0	0
Significant Other Observable Inputs (Level 2) [Member] | Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	0	0
Special use funds:
Equity securities	1,661	2,088
U.S. Government and municipal bonds	168	150
Corporate debt securities	732	748
Mortgage-backed securities	505	517
Other debt securities	107	117
Other investments:
Equity Securities	11	12
Debt securities	79	69
Significant Other Observable Inputs (Level 2) [Member] | Fair value measurements made on a recurring basis [Member] | Commodity Contract [Member]
Derivatives:
Derivative Asset, Gross Asset	2,714	2,082
Derivatives:
Derivative Liability, Gross Liability	1,780	1,446
Significant Other Observable Inputs (Level 2) [Member] | Fair value measurements made on a recurring basis [Member] | Interest Rate Contract [Member]
Derivatives:
Derivative Asset, Gross Asset	39	24
Derivatives:
Derivative Liability, Gross Liability	1,496	598
Significant Other Observable Inputs (Level 2) [Member] | Fair value measurements made on a recurring basis [Member] | Foreign Currency Swap [Member]
Derivatives:
Derivative Asset, Gross Asset	21	26
Derivatives:
Derivative Liability, Gross Liability	107	38
Significant Unobservable Inputs (Level 3) [Member] | Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	0	0
Special use funds:
Equity securities	0	0
U.S. Government and municipal bonds	0	0
Corporate debt securities	0	0
Mortgage-backed securities	0	0
Other debt securities	0	0
Other investments:
Equity Securities	0	0
Debt securities	0	0
Significant Unobservable Inputs (Level 3) [Member] | Fair value measurements made on a recurring basis [Member] | Commodity Contract [Member]
Derivatives:
Derivative Asset, Gross Asset	2,025	1,739
Derivatives:
Derivative Liability, Gross Liability	485	390
Significant Unobservable Inputs (Level 3) [Member] | Fair value measurements made on a recurring basis [Member] | Interest Rate Contract [Member]
Derivatives:
Derivative Asset, Gross Asset	0	2
Derivatives:
Derivative Liability, Gross Liability	21	144
Significant Unobservable Inputs (Level 3) [Member] | Fair value measurements made on a recurring basis [Member] | Foreign Currency Swap [Member]
Derivatives:
Derivative Asset, Gross Asset	0	0
Derivatives:
Derivative Liability, Gross Liability	0	0
Other Current Assets [Member] | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] | Fair value measurements made on a recurring basis [Member]
Fair Value, Assets and Liabilities Measured on Recurring [Line Items]
Restricted cash	79	60
Other Noncurrent Assets [Member] | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] | Fair value measurements made on a recurring basis [Member]
Fair Value, Assets and Liabilities Measured on Recurring [Line Items]
Restricted cash	55	64
FPL [Member]
Fair Value, Assets and Liabilities Measured on Recurring [Line Items]
Restricted cash	132	118
Derivatives:
Derivative assets	3	3
Derivatives:
Derivative liability	15	13
FPL [Member] | Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	1,127	156
Special use funds:
Equity securities	1,989	2,491
U.S. Government and municipal bonds	508	535
Corporate debt securities	529	533
Mortgage-backed securities	375	395
Other debt securities	99	111
FPL [Member] | Fair value measurements made on a recurring basis [Member] | Commodity Contract [Member]
Derivatives:
Derivative asset, netting	(2)	(1)
Derivative assets	3	3
Derivatives:
Derivative liability, netting	(2)	(1)
Derivative liability	15	13
FPL [Member] | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] | Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	1,127	156
Special use funds:
Equity securities	484	596
U.S. Government and municipal bonds	396	429
Corporate debt securities	0	0
Mortgage-backed securities	0	0
Other debt securities	0	0
FPL [Member] | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] | Fair value measurements made on a recurring basis [Member] | Commodity Contract [Member]
Derivatives:
Derivative Asset, Gross Asset	0	0
Derivatives:
Derivative Liability, Gross Liability	0	0
FPL [Member] | Significant Other Observable Inputs (Level 2) [Member] | Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	0	0
Special use funds:
Equity securities	1,505	1,895
U.S. Government and municipal bonds	112	106
Corporate debt securities	529	533
Mortgage-backed securities	375	395
Other debt securities	99	111
FPL [Member] | Significant Other Observable Inputs (Level 2) [Member] | Fair value measurements made on a recurring basis [Member] | Commodity Contract [Member]
Derivatives:
Derivative Asset, Gross Asset	3	3
Derivatives:
Derivative Liability, Gross Liability	6	5
FPL [Member] | Significant Unobservable Inputs (Level 3) [Member] | Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	0	0
Special use funds:
Equity securities	0	0
U.S. Government and municipal bonds	0	0
Corporate debt securities	0	0
Mortgage-backed securities	0	0
Other debt securities	0	0
FPL [Member] | Significant Unobservable Inputs (Level 3) [Member] | Fair value measurements made on a recurring basis [Member] | Commodity Contract [Member]
Derivatives:
Derivative Asset, Gross Asset	2	1
Derivatives:
Derivative Liability, Gross Liability	11	9
FPL [Member] | Other Current Assets [Member] | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] | Fair value measurements made on a recurring basis [Member]
Fair Value, Assets and Liabilities Measured on Recurring [Line Items]
Restricted cash	77	54
FPL [Member] | Other Noncurrent Assets [Member] | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] | Fair value measurements made on a recurring basis [Member]
Fair Value, Assets and Liabilities Measured on Recurring [Line Items]
Restricted cash	$ 55	$ 64

Fair Value Measurements (Signif

Fair Value Measurements (Significant Unobservable Inputs Used in Valuation of Contracts) (Details) - Fair Value, Inputs, Level 3 [Member]	3 Months Ended
	Mar. 31, 2020USD ($)
Derivative Financial Instruments, Liabilities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, Fair Value Disclosure	$ 485,000,000
Derivative Financial Instruments, Assets [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets, Fair Value Disclosure	2,025,000,000
Forward Contracts - Power [Member] | Derivative Financial Instruments, Liabilities [Member] | Forward Contracts - Power [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, Fair Value Disclosure	111,000,000
Forward Contracts - Power [Member] | Derivative Financial Instruments, Assets [Member] | Forward Contracts - Power [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets, Fair Value Disclosure	864,000,000
Forward contracts - Gas [Member] | Derivative Financial Instruments, Liabilities [Member] | Forward contracts - Gas [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, Fair Value Disclosure	22,000,000
Forward contracts - Gas [Member] | Derivative Financial Instruments, Assets [Member] | Forward contracts - Gas [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets, Fair Value Disclosure	271,000,000
Forward contracts - Congestion [Member] | Derivative Financial Instruments, Liabilities [Member] | Forward contracts - Congestion [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, Fair Value Disclosure	4,000,000
Forward contracts - Congestion [Member] | Derivative Financial Instruments, Assets [Member] | Forward contracts - Congestion [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets, Fair Value Disclosure	21,000,000
Option Contracts, Power [Member] | Derivative Financial Instruments, Liabilities [Member] | Option Contracts, Power [Member] | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, Fair Value Disclosure	10,000,000
Option Contracts, Power [Member] | Derivative Financial Instruments, Assets [Member] | Option Contracts, Power [Member] | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets, Fair Value Disclosure	33,000,000
Option Contracts, Gas [Member] | Derivative Financial Instruments, Liabilities [Member] | Option Contracts, Primarily Gas [Member] | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, Fair Value Disclosure	248,000,000
Option Contracts, Gas [Member] | Derivative Financial Instruments, Assets [Member] | Option Contracts, Primarily Gas [Member] | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets, Fair Value Disclosure	238,000,000
Full Requirements and Unit Contingent Contracts [Member] | Derivative Financial Instruments, Liabilities [Member] | Full Requirements and Unit Contingent Contracts [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, Fair Value Disclosure	69,000,000
Full Requirements and Unit Contingent Contracts [Member] | Derivative Financial Instruments, Assets [Member] | Full Requirements and Unit Contingent Contracts [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets, Fair Value Disclosure	574,000,000
Forward contracts - Other [Member] [Member] | Derivative Financial Instruments, Liabilities [Member] | Forward contracts - Other [Member] [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, Fair Value Disclosure	21,000,000
Forward contracts - Other [Member] [Member] | Derivative Financial Instruments, Assets [Member] | Forward contracts - Other [Member] [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets, Fair Value Disclosure	24,000,000
Forward Price [Member] | Forward Contracts - Power [Member] | Forward Contracts - Power [Member] | Discounted Cash Flow Member] | Minimum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	2
Forward Price [Member] | Forward Contracts - Power [Member] | Forward Contracts - Power [Member] | Discounted Cash Flow Member] | Maximum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	194
Forward Price [Member] | Forward Contracts - Power [Member] | Forward Contracts - Power [Member] | Discounted Cash Flow Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	26
Forward Price [Member] | Forward contracts - Gas [Member] | Forward contracts - Gas [Member] | Discounted Cash Flow Member] | Minimum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	1
Forward Price [Member] | Forward contracts - Gas [Member] | Forward contracts - Gas [Member] | Discounted Cash Flow Member] | Maximum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	6
Forward Price [Member] | Forward contracts - Gas [Member] | Forward contracts - Gas [Member] | Discounted Cash Flow Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	2
Forward Price [Member] | Forward contracts - Congestion [Member] | Forward contracts - Congestion [Member] | Discounted Cash Flow Member] | Minimum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	(13)
Forward Price [Member] | Forward contracts - Congestion [Member] | Forward contracts - Congestion [Member] | Discounted Cash Flow Member] | Maximum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	32
Forward Price [Member] | Forward contracts - Congestion [Member] | Forward contracts - Congestion [Member] | Discounted Cash Flow Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	0
Forward Price [Member] | Full Requirements and Unit Contingent Contracts [Member] | Full Requirements and Unit Contingent Contracts [Member] | Discounted Cash Flow Member] | Minimum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	6
Forward Price [Member] | Full Requirements and Unit Contingent Contracts [Member] | Full Requirements and Unit Contingent Contracts [Member] | Discounted Cash Flow Member] | Maximum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	748
Forward Price [Member] | Full Requirements and Unit Contingent Contracts [Member] | Full Requirements and Unit Contingent Contracts [Member] | Discounted Cash Flow Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	$ 46
Implied Correlations [Member] | Option Contracts, Power [Member] | Option Contracts, Power [Member] | Option Models [Member] | Minimum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	31.00%
Implied Correlations [Member] | Option Contracts, Power [Member] | Option Contracts, Power [Member] | Option Models [Member] | Maximum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	84.00%
Implied Correlations [Member] | Option Contracts, Power [Member] | Option Contracts, Power [Member] | Option Models [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	50.00%
Implied Correlations [Member] | Option Contracts, Gas [Member] | Option Contracts, Primarily Gas [Member] | Option Models [Member] | Minimum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	31.00%
Implied Correlations [Member] | Option Contracts, Gas [Member] | Option Contracts, Primarily Gas [Member] | Option Models [Member] | Maximum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	100.00%
Implied Correlations [Member] | Option Contracts, Gas [Member] | Option Contracts, Primarily Gas [Member] | Option Models [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	53.00%
Implied Volatilities [Member] | Option Contracts, Power [Member] | Option Contracts, Power [Member] | Option Models [Member] | Minimum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	13.00%
Implied Volatilities [Member] | Option Contracts, Power [Member] | Option Contracts, Power [Member] | Option Models [Member] | Maximum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	295.00%
Implied Volatilities [Member] | Option Contracts, Power [Member] | Option Contracts, Power [Member] | Option Models [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	45.00%
Implied Volatilities [Member] | Option Contracts, Gas [Member] | Option Contracts, Primarily Gas [Member] | Option Models [Member] | Minimum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	14.00%
Implied Volatilities [Member] | Option Contracts, Gas [Member] | Option Contracts, Primarily Gas [Member] | Option Models [Member] | Maximum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	278.00%
Implied Volatilities [Member] | Option Contracts, Gas [Member] | Option Contracts, Primarily Gas [Member] | Option Models [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	36.00%
Customer Migration Rate [Member] | Full Requirements and Unit Contingent Contracts [Member] | Full Requirements and Unit Contingent Contracts [Member] | Discounted Cash Flow Member] | Minimum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	0.00%
Customer Migration Rate [Member] | Full Requirements and Unit Contingent Contracts [Member] | Full Requirements and Unit Contingent Contracts [Member] | Discounted Cash Flow Member] | Maximum [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	13.00%
Customer Migration Rate [Member] | Full Requirements and Unit Contingent Contracts [Member] | Full Requirements and Unit Contingent Contracts [Member] | Discounted Cash Flow Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	0.00%

Fair Value Measurements (Reconc

Fair Value Measurements (Reconciliation of Changes in the Fair Value) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Realized and unrealized gains (losses): [Abstract]
Fair value based on significant unobservable inputs, ending balance	$ 1,519	$ 844
FPL [Member]
Realized and unrealized gains (losses): [Abstract]
Fair value based on significant unobservable inputs, ending balance	(9)	(16)
Derivative Financial Instruments, Net [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair value based on significant unobservable inputs, beginning balance	1,207	647
Realized and unrealized gains (losses): [Abstract]
Included in earnings	387	180
Included in other comprehensive income	0	3
Included in regulatory assets and liabilities	(2)	(2)
Purchases	81	24
Sales	114	0
Settlements	(206)	(39)
Issuances	(32)	(14)
Transfers out	(30)	45
Gains (losses) included in earnings attributable to the change in unrealized gains (losses) relating to derivatives held at the reporting date	308	116
Realized and unrealized gains (losses) reflected in operating revenues	405	194
Unrealized gains (losses) reflected in operating revenues related to derivatives still held at the reporting date	319	130
Derivative Financial Instruments, Net [Member] | FPL [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair value based on significant unobservable inputs, beginning balance	(8)	(36)
Realized and unrealized gains (losses): [Abstract]
Included in earnings	0	0
Included in other comprehensive income	0	0
Included in regulatory assets and liabilities	(2)	(2)
Purchases	0	0
Sales	0	0
Settlements	1	20
Issuances	0	0
Transfers out	0	2
Gains (losses) included in earnings attributable to the change in unrealized gains (losses) relating to derivatives held at the reporting date	$ 0	$ 0

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value of Instruments Recorded at Other Than Fair Value and Special Use Funds) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special use funds: nuclear decommissioning fund assets	$ 6,037		$ 6,880
Special Use Funds Storm Fund Assets	76		74
Available for sale debt securities amortized cost	$ 2,009		2,030
Special Use Funds Nuclear Decommissioning Funds Weighted Average Maturity	8 years
Fair Value Assumptions, Expected Term	1 year
Carrying Amount [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special Use Funds Fair Value Disclosure	$ 931		892
Other Investments Financial Instruments Primarily Notes Receivable Fair Value Disclosure	23		30
Long Term Debt Including Current Maturities Fair Value And Carrying Value	43,605		39,667
Estimated Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special Use Funds Fair Value Disclosure	930		891
Other Investments Financial Instruments Primarily Notes Receivable Fair Value Disclosure	23		30
Long Term Debt Including Current Maturities Fair Value And Carrying Value	45,791		42,928
FPL [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special use funds: nuclear decommissioning fund assets	4,160		4,697
Special Use Funds Storm Fund Assets	76		74
Available for sale debt securities amortized cost	$ 1,508		1,523
Special Use Funds Nuclear Decommissioning Funds Weighted Average Maturity	9 years
Fair Value Assumptions, Expected Term	1 year
FPL [Member] | Carrying Amount [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special Use Funds Fair Value Disclosure	$ 736		706
Long Term Debt Including Current Maturities Fair Value And Carrying Value	15,422		14,161
FPL [Member] | Estimated Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special Use Funds Fair Value Disclosure	735		705
Long Term Debt Including Current Maturities Fair Value And Carrying Value	17,721		16,448
Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
marketable securities, unrealized gain (loss) recognized during the period on securities still held	(808)	$ 367
Equity Securities [Member] | FPL [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
marketable securities, unrealized gain (loss) recognized during the period on securities still held	$ (502)	$ 234
Other Current Liabilities [Member] | Carrying Amount [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long Term Debt Including Current Maturities Fair Value And Carrying Value			$ 463

Fair Value Measurements (Gains

Fair Value Measurements (Gains and Losses on Available-for-sale Debt Securities) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Debt Securities [Member]
Marketable Securities, Available-for-sale [Line Items]
Realized Gains	$ 30	$ 9
Realized Losses	17	9
Proceeds from sale or maturity of securities	738	687
Available for sale securities: Special Use Funds - Debt Securities [Member]
Marketable Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	89		$ 75
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	82		7
Fair value of available for sale securities in an unrealized loss position	603		314
FPL [Member] | Debt Securities [Member]
Marketable Securities, Available-for-sale [Line Items]
Realized Gains	25	5
Realized Losses	15	4
Proceeds from sale or maturity of securities	607	$ 543
FPL [Member] | Available for sale securities: Special Use Funds - Debt Securities [Member]
Marketable Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	70		58
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	66		7
Fair value of available for sale securities in an unrealized loss position	$ 448		$ 240

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details)	3 Months Ended
	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Production tax credit (PTC), roll off period	10 years

Income Taxes - Reconciliation B

Income Taxes - Reconciliation Between the Effective Income Tax Rates and the Applicable Statutory Rate (Details)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Effective Income Tax Rate Reconciliation [Line Items]
Statutory federal income tax rate	21.00%	21.00%
Increases (reductions) resulting from:
State income taxes - net of federal income tax benefit	(61.00%)	4.70%
Taxes attributable to noncontrolling interests	32.70%	2.30%
PTCs and ITCs - NEER	(86.50%)	(8.30%)
Amortization of deferred regulatory credit	(55.50%)	(4.80%)
Foreign operations	(76.90%)	0.30%
Other - net	(95.70%)	(4.30%)
Effective income tax rate	(321.90%)	10.90%
FPL [Member]
Effective Income Tax Rate Reconciliation [Line Items]
Statutory federal income tax rate	21.00%	21.00%
Increases (reductions) resulting from:
State income taxes - net of federal income tax benefit	4.30%	4.40%
Taxes attributable to noncontrolling interests	0.00%	0.00%
PTCs and ITCs - NEER	0.00%	0.00%
Amortization of deferred regulatory credit	(5.00%)	(3.80%)
Foreign operations	0.00%	0.00%
Other - net	(2.70%)	(0.70%)
Effective income tax rate	17.60%	20.90%

Acquisitions (Details)

Acquisitions (Details) $ in Millions	Jul. 16, 2019USD ($)mi	Jan. 01, 2019USD ($)countycustomermiMW	Dec. 31, 2018USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Business Acquisition [Line Items]
Goodwill				$ 4,201	$ 4,204
NextEra Energy Capital Holdings, Inc. (Consolidated) [Member] | Term Loan Agreements [Member]
Business Acquisition [Line Items]
Borrowings			$ 4,500
Trans Bay Cable, LLC [Member]
Business Acquisition [Line Items]
Number of miles of power lines | mi	53
Gulf Power [Member]
Business Acquisition [Line Items]
Cash purchase price		$ 4,440
Business combination, recognized identifiable assets acquired and liabilities assumed, noncurrent liabilities, long-term debt		1,300
Assets assumed		5,200
Property, plant and equipment		4,000
Regulatory assets		494
Assumed liabilities		3,400
Regulatory liabilities		635
Deferred income taxes		562
Goodwill		$ 2,700
Gulf Power [Member] | Gulf Power [Member]
Business Acquisition [Line Items]
Number of customers acquired (more than) | customer		470,000
Number of counties in which entity operates | county		8
Number of miles of power lines | mi		9,500
Electric generating facility capacity (in megawatts) | MW		2,300
Trans Bay Cable, LLC [Member]
Business Acquisition [Line Items]
Assets assumed	$ 703
Assumed liabilities	643
Goodwill	610
Goodwill, Expected Tax Deductible Amount				$ 572
Trans Bay Cable, LLC [Member] | NextEra Energy Transmission, LLC Subsidiary [Member]
Business Acquisition [Line Items]
Cash purchase price	670
Business combination, recognized identifiable assets acquired and liabilities assumed, noncurrent liabilities, long-term debt	$ 422

Variable Interest Entities (V_2

Variable Interest Entities (VIEs) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)variable_interest_entityentityMW	Dec. 31, 2019USD ($)
Variable Interest Entity [Line Items]
Carrying amount of assets, consolidated variable interest entity	$ 120,637	$ 117,691
Investment in equity method investees	6,862	7,453
Other variable interest entities [Member]
Variable Interest Entity [Line Items]
Investments in special purpose entities	2,835	3,247
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Carrying amount of assets, consolidated variable interest entity	235	173
Carrying amount of liabilities, consolidated variable interest entity	$ 56	29
Percentage of profits and losses	50.00%
FPL [Member]
Variable Interest Entity [Line Items]
Carrying amount of assets, consolidated variable interest entity	$ 58,317	57,188
FPL [Member] | Other variable interest entities [Member]
Variable Interest Entity [Line Items]
Investments in special purpose entities	$ 2,330	2,717
NextEra Energy Resources [Member]
Variable Interest Entity [Line Items]
Total number of consolidated variable interest entities | variable_interest_entity	32
NextEra Energy Resources [Member] | Variable Interest Entities Gas And Oil Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Total number of consolidated variable interest entities | variable_interest_entity	2
Carrying amount of assets, consolidated variable interest entity	$ 204	216
Carrying amount of liabilities, consolidated variable interest entity	$ 23	25
Natural gas and or oil electric generating facility capacity (in megawatts) | MW	1,450
NextEra Energy Resources [Member] | Variable Interest Entities Wind and Solar Primary Beneficiary [Member] [Member]
Variable Interest Entity [Line Items]
Total number of consolidated variable interest entities | variable_interest_entity	26
Carrying amount of assets, consolidated variable interest entity	$ 11,200	11,300
Carrying amount of liabilities, consolidated variable interest entity	$ 600	800
Solar generating facility capability (in MW) | MW	473
Wind electric generating facility capability (in megawatts) | MW	7,081
Indirect Subsidiary of NextEra Energy Resources [Member] | Photovoltaic Solar Facility [Member]
Variable Interest Entity [Line Items]
Total number of consolidated variable interest entities | variable_interest_entity	3
Carrying amount of assets, consolidated variable interest entity	$ 778	776
Carrying amount of liabilities, consolidated variable interest entity	$ 635	598
Ownership percentage	50.00%
Number of entities with ownership interest contributed | variable_interest_entity	5
Solar generating facility capability (in MW) | MW	409.3
Other Investments [Member] | Subsidiaries of NEE [Member]
Variable Interest Entity [Line Items]
Investment in equity method investees	$ 3,731	$ 4,254
Number of entities committed to invest in | entity	5

Equity (Earnings Per Share) (De

Equity (Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Reconciliation of basic and diluted earnings per share of common stock [Abstract]
Net income (loss) attributable to NEE	$ 421	$ 680
Numerator - net income attributable to NEE(a)	$ 421	$ 680
Denominator:
Weighted-average number of common shares outstanding - basic	489.3	478.3
Equity units, stock options, performance share awards and restricted stock	2.4	3.5
Weighted-average number of common shares outstanding - assuming dilution	491.7	481.8
Earnings per share attributable to NEE:
Basic (in dollars per share)	$ 0.86	$ 1.42
Assuming dilution (in dollars per share)	$ 0.86	$ 1.41
Antidilutive securities (in shares)	6.2	0.5

Equity (Accumulated Other Compr

Equity (Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ (169)	$ (188)
Other comprehensive income (loss) before reclassifications	(43)	(35)
Amounts reclassified from AOCI	4	11
Total other comprehensive loss, net of tax	(39)	(24)
Impact of disposal of a business	10
Attributable to noncontrolling interests	(6)
Acquisition of Gulf Power		(1)
Balances, March 31, 2020	(198)
Ending balance	(192)	(213)
Net Unrealized Gains (Losses) on Cash Flow Hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(27)	(55)
Other comprehensive income (loss) before reclassifications	0	0
Amounts reclassified from AOCI	2	10
Total other comprehensive loss, net of tax	2	10
Impact of disposal of a business	23
Attributable to noncontrolling interests	0
Acquisition of Gulf Power		(1)
Balances, March 31, 2020	(2)
Ending balance	(2)	(46)
Net Unrealized Gains (Losses) on Available for Sale Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	11	(7)
Other comprehensive income (loss) before reclassifications	(8)	8
Amounts reclassified from AOCI	(1)	2
Total other comprehensive loss, net of tax	(9)	10
Impact of disposal of a business	0
Attributable to noncontrolling interests	0
Acquisition of Gulf Power		0
Balances, March 31, 2020	2
Ending balance	2	3
Defined Benefit Pension and Other Benefits Plans
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(114)	(65)
Other comprehensive income (loss) before reclassifications	0	(52)
Amounts reclassified from AOCI	3	(1)
Total other comprehensive loss, net of tax	3	(53)
Impact of disposal of a business	0
Attributable to noncontrolling interests	0
Acquisition of Gulf Power		0
Balances, March 31, 2020	(111)
Ending balance	(111)	(118)
Net Unrealized Gains (Losses) on Foreign Currency Translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(42)	(63)
Other comprehensive income (loss) before reclassifications	(35)	10
Amounts reclassified from AOCI	0	0
Total other comprehensive loss, net of tax	(35)	10
Impact of disposal of a business	(13)
Attributable to noncontrolling interests	(6)
Acquisition of Gulf Power		0
Balances, March 31, 2020	(90)
Ending balance	(84)	(53)
Other Comprehensive Income (Loss) Related to Equity Method Investees
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	3	2
Other comprehensive income (loss) before reclassifications	0	(1)
Amounts reclassified from AOCI	0	0
Total other comprehensive loss, net of tax	0	(1)
Impact of disposal of a business	0
Attributable to noncontrolling interests	0
Acquisition of Gulf Power		0
Balances, March 31, 2020	3
Ending balance	$ 3	$ 1

Debt - Long-term Debt Issuances

Debt - Long-term Debt Issuances and Borrowings (Details)	3 Months Ended
	Mar. 31, 2020USD ($)
FPL [Member] | First mortgage bonds [Member]
Debt Instrument [Line Items]
Principal Amount	$ 1,100,000,000
Interest Rate (as a percent)	2.85%
FPL [Member] | Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Principal Amount	$ 175,000,000
Interest Rate Terms	Variable
NextEra Energy Capital Holdings, Inc. [Member] | Debentures Related To Nextera Energys Equity Units [Member]
Debt Instrument [Line Items]
Principal Amount	$ 2,500,000,000
Interest Rate (as a percent)	1.84%

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($)	1 Months Ended
	Feb. 29, 2020	Apr. 23, 2020	Mar. 31, 2020
Subsequent Event [Member]
Debt Instrument [Line Items]
Interest rate (as a percent)		2.75%
NEE Equity Units 2020 [Member]
Debt Instrument [Line Items]
Amount of equity units sold			$ 2,500,000,000
Stated amount of each equity unit (in dollars per share)			$ 50
Undivided beneficial ownership interest per debenture (in hundredths)			5.00%
Principal amount of each debenture			$ 1,000
Number of shares (subject to antidilution adjustments) if purchased on final settlement date at less than or equal to low range threshold (in shares)			0.1773
Number of shares (subject to antidilution adjustments) if purchased on the final settlement date at equal to or greater than high range threshold (in shares)			0.1418
Trading period (in days) over which the market value is determined by reference to the average closing prices of the common stock	20 days
Rate of total annual distributions on equity units (in hundredths)			5.279%
Rate of payments on stock purchase contracts (in hundredths)			3.439%
Minimum [Member] | NEE Equity Units 2020 [Member]
Debt Instrument [Line Items]
Price per share of stock purchase contract (in dollars per share)			$ 282.04
Maximum [Member] | NEE Equity Units 2020 [Member]
Debt Instrument [Line Items]
Price per share of stock purchase contract (in dollars per share)			$ 352.55
NextEra Energy Capital Holdings, Inc. [Member] | Debentures Related To Nextera Energys Equity Units [Member]
Debt Instrument [Line Items]
Interest rate (as a percent)			1.84%
Principal amount			$ 2,500,000,000
NextEra Energy Capital Holdings, Inc. [Member] | Debentures, Series due May 1, 2025 [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Principal amount		$ 1,250,000,000

Summary of Significant Accoun_3

Summary of Significant Accounting and Reporting Policies (Details) € in Millions, $ in Millions	Feb. 11, 2020USD ($)solar_generation_facilityMW	Mar. 31, 2020USD ($)	Mar. 31, 2019USD ($)	Feb. 11, 2020EUR (€)	Jan. 01, 2020USD ($)	Dec. 31, 2019USD ($)
Subsidiary, Sale of Stock [Line Items]
Restricted Cash and Cash Equivalents		$ 499				$ 508
Restricted cash related to margin cash collateral that is netted against derivative instruments		160				139
restricted cash related to margin cash collateral that is netted against derivative liabilities		113				66
Gain in connection with sale		273	$ 26
Retained earnings		24,922				25,199
FPL [Member]
Subsidiary, Sale of Stock [Line Items]
Restricted Cash and Cash Equivalents		132				118
Retained earnings		9,816				9,174
Measurement of Credit Losses on Financial Instruments [Member]
Subsidiary, Sale of Stock [Line Items]
Retained earnings					$ 11
Other Current Assets [Member]
Subsidiary, Sale of Stock [Line Items]
Restricted cash and cash equivalents, current		392				411
Other Current Assets [Member] | FPL [Member]
Subsidiary, Sale of Stock [Line Items]
Restricted cash and cash equivalents, current		77				54
Two solar generation facilities located in Spain [Member] | Disposed of by Sale [Member]
Subsidiary, Sale of Stock [Line Items]
Gain in connection with sale		$ 260
Disposal Group, Including Discontinued Operation, Other Assets, Current						440
Disposal Group, Including Discontinued Operation, Other Liabilities, Current						$ 647
Two solar generation facilities located in Spain [Member] | Disposed of by Sale [Member] | NextEra Energy Resources [Member]
Subsidiary, Sale of Stock [Line Items]
Number of generation facilities purchased | solar_generation_facility	2
Generating capacity (MW) | MW	99.8
Purchase price	$ 128			€ 117

Commitments and Contingencies_2

Commitments and Contingencies (Planned Capital Expenditures) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)MW
FPL [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2020	$ 4,875
2021	6,595
2022	6,340
2023	6,630
2024	6,610
Total	31,050
Gulf Power [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2020	620
2021	810
2022	645
2023	650
2024	680
Total	3,405
NextEra Energy Resources [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2020	4,925
2021	1,805
2022	295
2023	195
2024	265
Total	7,485
New Generation Expenditures [Member] | FPL [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2020	980
2021	885
2022	550
2023	490
2024	710
Total	3,615
Existing Generation Expenditures [Member] | FPL [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2020	750
2021	950
2022	1,075
2023	1,155
2024	885
Total	4,815
Transmission And Distribution Expenditures [Member] | FPL [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2020	2,450
2021	4,040
2022	4,110
2023	4,450
2024	4,450
Total	19,500
Allowance for funds used during construction (AFUDC) - remainder of 2020	30
Allowance for funds used during construction (AFUDC) - 2021	55
Allowance for funds used during construction (AFUDC) - 2022	55
Allowance for funds used during construction (AFUDC) - 2023	40
Allowance for funds used during construction (AFUDC) - 2024	35
Nuclear Fuel Expenditures [Member] | FPL [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2020	135
2021	220
2022	165
2023	120
2024	145
Total	785
General And Other Expenditures [Member] | FPL [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2020	560
2021	500
2022	440
2023	415
2024	420
Total	2,335
Wind Expenditures [Member] | NextEra Energy Resources [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2020	2,580
2021	180
2022	10
2023	10
2024	10
Total	$ 2,790
Planned new generation over 5 year period (in megawatts) | MW	4,215
Solar Expenditures [Member] | NextEra Energy Resources [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2020	$ 855
2021	485
2022	0
2023	5
2024	0
Total	$ 1,345
Planned new generation over 5 year period (in megawatts) | MW	1,580
Battery Storage Expenditures [Member] | NextEra Energy Resources [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2020	$ 85
2021	455
2022	0
2023	0
2024	0
Total	540
Nuclear Expenditures [Member] | NextEra Energy Resources [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2020	95
2021	210
2022	165
2023	120
2024	180
Total	770
Pipelines [Member] | NextEra Energy Resources [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2020	525
2021	280
2022	25
2023	0
2024	0
Total	830
Rate-Regulated Transmission [Member] | NextEra Energy Resources [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2020	235
2021	140
2022	30
2023	10
2024	15
Total	430
Other Expenditures [Member] | NextEra Energy Resources [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2020	550
2021	55
2022	65
2023	50
2024	60
Total	780
Generation Expenditures [Member] | FPL [Member]
Planned Capital Expenditures [Line Items]
Allowance for funds used during construction (AFUDC) - remainder of 2020	25
Allowance for funds used during construction (AFUDC) - 2021	70
Allowance for funds used during construction (AFUDC) - 2022	40
Allowance for funds used during construction (AFUDC) - 2023	20
Allowance for funds used during construction (AFUDC) - 2024	$ 30

Commitments and Contingencies_3

Commitments and Contingencies (Long-term Purchase Commitment) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
FPL [Member]
Required capacity and/or minimum payments [Abstract]
Remainder of 2020	$ 800
2021	1,010
2022	990
2023	975
2024	970
Thereafter	11,350
Related Party Transaction, Amounts of Transaction	79	$ 79
FPL [Member] | Sabal Trail and Florida Southeast Connection [Member] | Natural Gas, Including Transportation And Storage, Contract Minimum Payments [Member]
Required capacity and/or minimum payments [Abstract]
Remainder of 2020	305
2021	415
2022	415
2023	410
2024	410
Thereafter	6,765
NextEra Energy Resources [Member]
Required capacity and/or minimum payments [Abstract]
Remainder of 2020	3,170
2021	585
2022	260
2023	180
2024	185
Thereafter	1,395
Commitment to invest	110
Joint Obligations Remainder Current Year	230
Joint Obligations Second Year	20
Joint Obligations Third Year	20
Joint Obligations Fourth Year	20
Joint Obligations Fifth Year	10
Joint Obligations After Fifth Year	15
NextEra Energy Resources [Member] | Contract Group 1 [Member]
Long-term Purchase Commitment [Line Items]
Commitment amount included in capital expenditures	4,000
NextEra Energy Resources [Member] | Mountain Valley Pipeline [Member]
Required capacity and/or minimum payments [Abstract]
2021	70
2022	70
2023	70
2024	70
Thereafter	$ 1,110
Equity method investment, ownership percentage	31.00%
Consolidation, Eliminations [Member] | FPL [Member]
Required capacity and/or minimum payments [Abstract]
Related Party Transaction, Amounts of Transaction	$ 27	$ 28

Commitments and Contingencies_4

Commitments and Contingencies (Insurance) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)
Insurance [Abstract]
Maximum obtainable amount of private liability insurance available under Price-Anderson Act	$ 450
Amount of secondary financial protection liability insurance coverage per incident	13,500
Potential retrospective assessments under secondary financial protection system	1,100
Potential retrospective assessments under secondary financial protection system payable per incident per year	164
Amount of coverage per occurrence per site for property damage, decontamination and premature decommissioning risks	2,750
Amount of sublimit for nonnuclear perils per occurrence per site under nuclear insurance mutual companies for property damage decontamination and premature decommissioning risks	$ 1,500
Coinsurance, percent	10.00%
Coinsurance, limit of coverage per loss per site occurrence	$ 400
Potential amount of retrospective assessment per occurrence per site for property damage, decontamination and premature decommissioning risks	173
FPL [Member]
Insurance [Abstract]
Potential retrospective assessments under secondary financial protection system	550
Potential retrospective assessments under secondary financial protection system payable per incident per year	82
Potential amount of retrospective assessment per occurrence per site for property damage, decontamination and premature decommissioning risks	106
Duane Arnold Energy Center Insurance [Member]
Insurance [Abstract]
Amount of sublimit for nonnuclear perils per occurrence per site under nuclear insurance mutual companies for property damage decontamination and premature decommissioning risks	500
Seabrook Station Insurance [Member]
Insurance [Abstract]
Potential retrospective assessment recoverable from minority interest for nuclear liability secondary financial protection	16
Potential retrospective assessment recoverable from minority interest for property damage, decontamination and premature decommissioning risks	2
Duane Arnold Energy Center Insurance [Member]
Insurance [Abstract]
Potential retrospective assessment recoverable from minority interest for nuclear liability secondary financial protection	41
Potential retrospective assessment recoverable from minority interest for property damage, decontamination and premature decommissioning risks	4
St Lucie Unit No 2 Insurance [Member]
Insurance [Abstract]
Potential retrospective assessment recoverable from minority interest for nuclear liability secondary financial protection	20
Potential retrospective assessment recoverable from minority interest for property damage, decontamination and premature decommissioning risks	$ 4

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Segment Reporting Information [Line Items]
Operating revenues	$ 4,613	$ 4,075
Operating expenses - net	2,632	2,940
Net income (loss) attributable to NEE	421	680
Net Income	$ 308	606
Deemed capital structure of NextEra Energy Resources	70.00%
Total assets	$ 120,637		$ 117,691
Operating Segments [Member] | FPL [Member]
Segment Reporting Information [Line Items]
Operating revenues	2,540	2,618
Operating expenses - net	1,625	1,761
Net income (loss) attributable to NEE		588
Net Income	642
Total assets	58,317		57,188
Operating Segments [Member] | Gulf Power [Member]
Segment Reporting Information [Line Items]
Operating revenues	328	328
Operating expenses - net	270	271
Net Income	40	37
Total assets	6,240		5,855
Operating Segments [Member] | NextEra Energy Resources [Member]
Segment Reporting Information [Line Items]
Operating revenues	1,773	1,161
Operating expenses - net	706	865
Net income (loss) attributable to NEE	318	321
Total assets	51,455		51,516
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Operating revenues	(28)	(32)
Operating expenses - net	31	43
Net income (loss) attributable to NEE	(579)	$ (266)
Total assets	$ 4,625		$ 3,132

Uncategorized Items - nee10q1q2

Label	Element	Value	[1]
AOCI Attributable to Parent [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 0
Parent [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	(11,000,000)
Noncontrolling Interest [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	0
Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	(11,000,000)
Additional Paid-in Capital [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 0
[1]	See Note 11 - Measurement of Credit Losses on Financial Instruments.