Florida Power & Light 10-Q 6 Nov 23 2023 Q3 Quarterly report Financial data

Document Entity Information

Document Entity Information	9 Months Ended
	Sep. 30, 2023 shares
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity File Number	1-8841
Entity Registrant Name	NEXTERA ENERGY, INC.
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	2,051,707,741
Entity Central Index Key	0000753308
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
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 6.926%
Entity Information [Line Items]
Title of 12(b) Security	6.926% Corporate Units
Trading Symbol	NEE.PRR
Security Exchange Name	NYSE
Florida Power & Light Company
Entity Information [Line Items]
Entity File Number	2-27612
Entity Registrant Name	FLORIDA POWER & LIGHT COMPANY
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 Central Index Key	0000037634
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
OPERATING REVENUES		$ 7,172	$ 6,719	$ 21,236	$ 14,792
OPERATING EXPENSES
Fuel, purchased power and interchange		1,554	1,933	4,280	4,888
Other operations and maintenance		1,196	1,225	3,391	3,161
Depreciation and amortization		1,957	1,289	4,272	3,332
Taxes other than income taxes and other – net		636	581	1,727	1,572
Total operating expenses – net		5,343	5,028	13,670	12,953
GAINS ON DISPOSAL OF BUSINESSES/ASSETS – NET		7	171	11	196
OPERATING INCOME		1,836	1,862	7,577	2,035
OTHER INCOME (DEDUCTIONS)
Interest expense		(26)	(259)	(1,344)	100
Equity in earnings (losses) of equity method investees		(954)	196	(721)	180
Allowance for equity funds used during construction		43	20	105	88
Gains on disposal of investments and other property – net		29	51	126	83
Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net		(98)	(141)	(10)	(569)
Other net periodic benefit income		62	70	184	159
Other – net		81	83	288	160
Total other income (deductions) – net		(863)	20	(1,372)	201
INCOME BEFORE INCOME TAXES		973	1,882	6,205	2,236
INCOME TAX EXPENSE (BENEFIT)		(46)	323	838	257
NET INCOME		1,019	1,559	5,367	1,979
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS		200	137	733	646
Net income (loss) attributable to NEE		$ 1,219	$ 1,696	$ 6,100	$ 2,625
Earnings (loss) per share of common stock:
Basic (in dollars per share)		$ 0.60	$ 0.86	$ 3.02	$ 1.33
Assuming dilution (in dollars per share)		$ 0.60	$ 0.86	$ 3.02	$ 1.33
Florida Power & Light Company
OPERATING REVENUES		$ 5,475	$ 5,075	$ 14,169	$ 13,211
OPERATING EXPENSES
Fuel, purchased power and interchange		1,339	1,733	3,764	4,364
Other operations and maintenance		456	511	1,262	1,349
Depreciation and amortization		1,424	829	2,743	2,006
Taxes other than income taxes and other – net		551	495	1,498	1,340
Total operating expenses – net		3,770	3,568	9,267	9,059
OPERATING INCOME		1,705	1,507	4,902	4,152
OTHER INCOME (DEDUCTIONS)
Interest expense		(286)	(200)	(807)	(554)
Allowance for equity funds used during construction		40	19	100	82
Other – net		10	9	36	10
Total other income (deductions) – net		(236)	(172)	(671)	(462)
INCOME BEFORE INCOME TAXES		1,469	1,335	4,231	3,690
INCOME TAX EXPENSE (BENEFIT)		286	261	825	751
NET INCOME	[1]	$ 1,183	$ 1,074	$ 3,406	$ 2,939
[1]FPL's comprehensive income is the same as reported net income.

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
NET INCOME	$ 1,019	$ 1,559	$ 5,367	$ 1,979
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX
Reclassification of unrealized losses on cash flow hedges from accumulated other comprehensive income (loss) to net income	0	0	1	5
Net unrealized gains (losses) on available for sale securities:
Net unrealized losses on securities still held	(19)	(31)	(20)	(91)
Reclassification from accumulated other comprehensive income (loss) to net income	2	1	9	3
Reclassification from accumulated other comprehensive income (loss) to net income	0	0	1	0
Net unrealized gains (losses) on foreign currency translation	(15)	(49)	(2)	(58)
Other comprehensive income related to equity method investees	0	1	0	1
Total other comprehensive loss, net of tax	(32)	(78)	(11)	(140)
COMPREHENSIVE INCOME	987	1,481	5,356	1,839
COMPREHENSIVE LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS	205	160	734	672
COMPREHENSIVE INCOME ATTRIBUTABLE TO NEE	$ 1,192	$ 1,641	$ 6,090	$ 2,511

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Tax expense (benefit) of unrealized gains/losses on cash flow hedges from AOCI	$ 0	$ 0	$ (1)	$ (2)
Tax expense (benefit) of unrealized gains/losses on available for sale securities still held	(6)	(8)	(7)	(31)
Tax expense (benefit) of other comprehensive income (loss), reclassification adjustment from AOCI for sale of securities	(1)	(1)	(3)	(1)
Tax expense (benefit) of defined benefit pension and other benefits plans reclassified from AOCI to net income	0	0	0	0
Tax expense (benefit) of other comprehensive income (loss) related to equity method investees	$ 0	$ 0	$ 0	$ 0

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 1,568	$ 1,601
Customer receivables, net of allowances	4,034	4,349
Other receivables	927	744
Materials, supplies and fuel inventory	2,074	1,934
Regulatory assets	1,540	2,165
Derivatives	1,659	1,590
Other	2,442	1,107
Total current assets	14,244	13,490
Other assets:
Property, plant and equipment – net	120,883	111,059
Special use funds	8,021	7,496
Investment in equity method investees	5,991	6,582
Prepaid benefit costs	1,974	1,832
Regulatory assets	5,182	5,992
Derivatives	2,078	1,935
Goodwill	5,043	4,854
Other	8,258	5,695
Total other assets	157,430	145,445
TOTAL ASSETS	171,674	158,935
Current liabilities:
Commercial paper	3,985	1,709
Other short-term debt	2,175	1,368
Current portion of long-term debt	7,979	6,633
Accounts payable	6,662	8,312
Customer deposits	615	560
Accrued interest and taxes	1,662	719
Derivatives	788	2,102
Accrued construction-related expenditures	1,971	1,760
Regulatory liabilities	416	350
Other	2,243	3,182
Total current liabilities	28,496	26,695
Other liabilities and deferred credits:
Long-term debt	59,183	55,256
Asset retirement obligations	3,371	3,245
Deferred income taxes	9,747	9,072
Regulatory liabilities	9,616	9,626
Derivatives	1,876	2,909
Other	2,817	2,696
Total other liabilities and deferred credits	86,610	82,804
TOTAL LIABILITIES	115,106	109,499
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NONCONTROLLING INTERESTS – VIE	318	1,110
EQUITY
Common stock	21	20
Additional paid-in capital	17,317	12,720
Retained earnings	29,984	26,707
Accumulated other comprehensive loss	(227)	(218)
Total common shareholders' equity	47,095	39,229
Noncontrolling interests	9,155	9,097
TOTAL EQUITY	56,250	48,326
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	171,674	158,935
Florida Power & Light Company
Current assets:
Cash and cash equivalents	105	25
Customer receivables, net of allowances	2,314	1,739
Other receivables	290	332
Materials, supplies and fuel inventory	1,281	1,159
Regulatory assets	1,516	2,155
Derivatives	9	19
Other	741	143
Total current assets	6,247	5,553
Other assets:
Electric utility plant and other property – net	68,854	64,693
Special use funds	5,596	5,221
Prepaid benefit costs	1,821	1,732
Regulatory assets	4,673	5,484
Derivatives	8	10
Goodwill	2,965	2,989
Other	913	887
Total other assets	84,822	81,006
TOTAL ASSETS	91,069	86,559
Current liabilities:
Commercial paper	2,169	1,709
Other short-term debt	200	200
Current portion of long-term debt	1,645	1,547
Accounts payable	1,057	1,377
Customer deposits	586	543
Accrued interest and taxes	1,452	362
Derivatives	9	12
Accrued construction-related expenditures	506	559
Regulatory liabilities	413	349
Other	624	1,197
Total current liabilities	8,652	7,843
Other liabilities and deferred credits:
Long-term debt	23,244	19,455
Asset retirement obligations	2,147	2,108
Deferred income taxes	8,541	8,376
Regulatory liabilities	9,452	9,458
Derivatives	9	1
Other	364	399
Total other liabilities and deferred credits	43,748	39,796
TOTAL LIABILITIES	52,400	47,639
COMMITMENTS AND CONTINGENCIES
EQUITY
Common stock	1,373	1,373
Additional paid-in capital	23,470	23,561
Retained earnings	13,826	13,986
TOTAL EQUITY	38,669	38,920
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	$ 91,069	$ 86,559

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Customer receivables, allowances	$ 49	$ 54
Property, plant and equipment – net	120,883	111,059
Current portion of long-term debt	7,979	6,633
Accounts payable	6,662	8,312
Long-term debt	$ 59,183	$ 55,256
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	3,200,000,000	3,200,000,000
Common stock, shares, outstanding (in shares)	2,052,000,000	1,987,000,000
Florida Power & Light Company
Customer receivables, allowances	$ 12	$ 7
Current portion of long-term debt	1,645	1,547
Accounts payable	1,057	1,377
Long-term debt	$ 23,244	$ 19,455
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
Variable Interest Entity, Primary Beneficiary [Member]
Property, plant and equipment – net	$ 23,198	$ 22,927
Current portion of long-term debt	63	61
Accounts payable	559	1,250
Long-term debt	1,049	1,108
Noncontrolling interest in variable interest entity	$ 9,039	$ 9,092

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (loss)		$ 5,367	$ 1,979
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization		4,272	3,332
Nuclear fuel and other amortization		198	211
Unrealized losses (gains) on marked to market derivative contracts – net		(2,494)	1,924
Unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds – net		10	569
Foreign currency transaction losses (gains)		71	(162)
Deferred income taxes		466	208
Cost recovery clauses and franchise fees		1,020	(1,295)
Equity in losses (earnings) of equity method investees		721	(180)
Distributions of earnings from equity method investees		520	408
Gains on disposal of businesses, assets and investments – net		(137)	(279)
Recoverable storm-related costs		(366)	(26)
Other – net		30	(29)
Changes in operating assets and liabilities:
Current assets		(206)	(1,238)
Noncurrent assets		(330)	(66)
Current liabilities		(757)	1,809
Noncurrent liabilities		38	102
Net cash provided by operating activities		8,423	7,267
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures of FPL		(7,279)	(6,021)
Independent power and other investments of NEER		(11,456)	(7,252)
Nuclear fuel purchases		(126)	(105)
Other capital expenditures		(49)	(451)
Sale of independent power and other investments of NEER		1,353	575
Proceeds from sale or maturity of securities in special use funds		3,539	2,896
Purchases of securities in special use funds		(4,759)	(3,496)
Other – net		0	5
Net cash used in investing activities		(18,777)	(13,849)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of long-term debt, including premiums and discounts		9,978	11,616
Retirements of long-term debt		(5,084)	(2,137)
Proceeds from differential membership investors		337	443
Net change in commercial paper		2,276	(457)
Proceeds from other short-term debt		1,925	1,725
Repayments of other short-term debt		(638)	(525)
Payments from (to) related parties under a cash sweep and credit support agreement – net		(206)	8
Issuances of common stock/equity units – net		4,505	1,458
Dividends on common stock		(2,823)	(2,507)
Other – net		(567)	(386)
Net cash provided by financing activities		9,703	9,238
Effects of currency translation on cash, cash equivalents and restricted cash		(12)	(5)
Net increase (decrease) in cash, cash equivalents and restricted cash		(663)	2,651
Cash, cash equivalents and restricted cash at beginning of period		3,441	1,316
Cash, cash equivalents and restricted cash at end of period		2,778	3,967
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid for interest (net of amount capitalized)		1,797	828
Cash paid (received) for income taxes – net		323	(36)
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES
Accrued property additions		6,148	6,079
Decrease in property, plant and equipment – net and contract liabilities (2023 activity, see Note 11)		251	639
Retained Earnings [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (loss)		6,100	2,625
Florida Power & Light Company
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (loss)	[1]	3,406	2,939
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization		2,743	2,006
Nuclear fuel and other amortization		116	135
Deferred income taxes		(83)	771
Cost recovery clauses and franchise fees		1,020	(1,295)
Recoverable storm-related costs		(366)	(26)
Other – net		1	9
Changes in operating assets and liabilities:
Current assets		(648)	(934)
Noncurrent assets		(142)	(48)
Current liabilities		891	899
Noncurrent liabilities		17	94
Net cash provided by operating activities		6,955	4,550
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures		(7,279)	(6,021)
Nuclear fuel purchases		(79)	(67)
Proceeds from sale or maturity of securities in special use funds		2,651	1,738
Purchases of securities in special use funds		(2,908)	(1,833)
Other – net		(30)	(7)
Net cash used in investing activities		(7,645)	(6,190)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of long-term debt, including premiums and discounts		5,478	2,942
Retirements of long-term debt		(1,548)	(441)
Net change in commercial paper		460	(1,382)
Capital contributions from NEE		0	3,700
Dividends on common stock		(3,565)	(2,000)
Other – net		(70)	(36)
Net cash provided by financing activities		755	2,783
Net increase (decrease) in cash, cash equivalents and restricted cash		65	1,143
Cash, cash equivalents and restricted cash at beginning of period		58	108
Cash, cash equivalents and restricted cash at end of period		123	1,251
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid for interest (net of amount capitalized)		640	476
Cash paid (received) for income taxes – net		590	145
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES
Accrued property additions		785	946
Florida Power & Light Company | Retained Earnings [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (loss)		3,406	2,939
CASH FLOWS FROM FINANCING ACTIVITIES
Dividends on common stock		$ 3,565	$ 2,000
[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]	Florida Power & Light Company		Florida Power & Light Company Common Stock [Member]	Florida Power & Light Company Additional Paid-in Capital [Member]	Florida Power & Light Company Retained Earnings [Member]
Beginning balance (in shares) at Dec. 31, 2021			1,963,000,000
Beginning balance at Dec. 31, 2021		$ 45,424	$ 20	$ 11,271	$ 0	$ 25,911		$ 37,202		$ 8,222	$ 33,594		$ 1,373	$ 19,936	$ 12,285
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (loss)		1,979				2,625		2,625		(653)	2,939	[1]			2,939
Premium on equity units				(127)				(127)
Capital contributions from NEE											3,700			3,700
Dividends to NEE		2,507									2,000				(2,000)
Share-based payment activity (in shares)			2,000,000
Share-based payment activity				122				122
Dividends on common stock	[2]					(2,507)		(2,507)
Other comprehensive income (loss)		(140)			(114)			(114)		(26)
Stock Issued During Period, Shares, New Issues			22,000,000
Issuances of common stock/equity units - net				1,446				1,446
Disposal of subsidiaries with noncontrolling interests	[3]									(147)
Other differential membership interests activity				(15)				(15)		542
Other				(3)		0		(3)		179				0	(1)
Ending balance (in shares) at Sep. 30, 2022			1,987,000,000
Ending balance at Sep. 30, 2022		46,746	$ 20	12,694	(114)	26,029		38,629		8,117	38,232		1,373	23,636	13,223
Beginning balance at Dec. 31, 2021		245
Increase (Decrease) in Temporary Equity [Roll Forward]
Net income (loss)		7
Other differential membership interests activity		(251)
Other		(1)
Ending balance at Sep. 30, 2022		0
Beginning balance (in shares) at Jun. 30, 2022			1,965,000,000
Beginning balance at Jun. 30, 2022		44,554	$ 20	11,309	(59)	25,169		36,439		8,115	34,958		1,373	21,436	12,149
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (loss)		1,559				1,696		1,696		(138)	1,074	[1]			1,074
Premium on equity units				(127)				(127)
Capital contributions from NEE														2,200
Share-based payment activity (in shares)			0
Share-based payment activity				80				80
Dividends on common stock	[4]					(836)		(836)
Other comprehensive income (loss)		(78)			(55)			(55)		(23)
Stock Issued During Period, Shares, New Issues			22,000,000
Issuances of common stock/equity units - net				1,446				1,446
Disposal of subsidiaries with noncontrolling interests	[5]									(147)
Other differential membership interests activity				(13)				(13)		252
Other (in shares)			0
Other				(1)	0	0		(1)		58
Ending balance (in shares) at Sep. 30, 2022			1,987,000,000
Ending balance at Sep. 30, 2022		46,746	$ 20	12,694	(114)	26,029		38,629		8,117	$ 38,232		1,373	23,636	13,223
Beginning balance at Jun. 30, 2022		53
Increase (Decrease) in Temporary Equity [Roll Forward]
Net income (loss)		1
Other differential membership interests activity		(54)
Ending balance at Sep. 30, 2022		$ 0
Beginning balance (in shares) at Dec. 31, 2022		1,987,000,000	1,987,000,000								1,000
Beginning balance at Dec. 31, 2022		$ 48,326	$ 20	12,720	(218)	26,707		39,229		9,097	$ 38,920		1,373	23,561	13,986
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (loss)		5,367				6,100		6,100		(752)	3,406	[1]			3,406
Capital contributions from NEE											0
Dividends to NEE		2,823									$ 3,565				(3,565)
Distribution of a subsidiary to NEE														(90)
Share-based payment activity (in shares)			4,000,000
Share-based payment activity				91				91
Dividends on common stock	[6]					(2,823)		(2,823)
Other comprehensive income (loss)		$ (11)			(10)			(10)		(1)
Stock Issued During Period, Shares, New Issues			61,000,000
Issuances of common stock/equity units - net			$ 1	4,513				4,514
Disposal of subsidiaries with noncontrolling interests	[7]									(165)
Other differential membership interests activity				(6)				(6)		1,086
Other				(1)	1	0		0		(110)				(1)	(1)
Ending balance (in shares) at Sep. 30, 2023		2,052,000,000	2,052,000,000								1,000
Ending balance at Sep. 30, 2023		$ 56,250	$ 21	17,317	(227)	29,984		47,095		9,155	$ 38,669		1,373	23,470	13,826
Beginning balance at Dec. 31, 2022		1,110
Increase (Decrease) in Temporary Equity [Roll Forward]
Net income (loss)		19
Other differential membership interests activity		(811)
Other		0
Ending balance at Sep. 30, 2023		318
Beginning balance (in shares) at Jun. 30, 2023			2,024,000,000
Beginning balance at Jun. 30, 2023		53,564	$ 20	15,262	(200)	29,711		44,793		8,771	38,987		1,373	23,471	14,143
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (loss)		1,019				1,219		1,219		(194)	$ 1,183	[1]			1,183
Share-based payment activity (in shares)			1,000,000
Share-based payment activity				56				56
Dividends on common stock						(946)	[8]	(946)	[8]						(1,500)
Other comprehensive income (loss)		$ (32)			(27)			(27)		(5)
Stock Issued During Period, Shares, New Issues			27,000,000
Issuances of common stock/equity units - net			$ 1	2,000				2,001
Other differential membership interests activity				(1)				(1)		606
Other				0		0		0		(23)				(1)	0
Ending balance (in shares) at Sep. 30, 2023		2,052,000,000	2,052,000,000								1,000
Ending balance at Sep. 30, 2023		$ 56,250	$ 21	$ 17,317	$ (227)	$ 29,984		$ 47,095		$ 9,155	$ 38,669		$ 1,373	$ 23,470	$ 13,826
Beginning balance at Jun. 30, 2023		812
Increase (Decrease) in Temporary Equity [Roll Forward]
Net income (loss)		(6)
Other differential membership interests activity		(488)
Ending balance at Sep. 30, 2023		$ 318
[1]FPL's comprehensive income is the same as reported net income.[2]Dividends per share were $0.425 for each of the quarterly periods in 2022.[3] See Note 11 – Disposal of Businesses/Assets. See Note 11 – Disposal of Businesses/Assets. See Note 11 – Disposal of Businesses/Assets.

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022
Statement of Stockholders' Equity [Abstract]
Dividends per share of common stock (in dollars per share)	$ 0.4675	$ 0.4675	$ 0.4675	$ 0.425	$ 0.425	$ 0.425

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2023
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 (see Note 2) 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 $7.2 billion ($5.5 billion at FPL) and $6.4 billion ($5.1 billion at FPL) for the three months ended September 30, 2023 and 2022, respectively, and $19.2 billion ($14.1 billion at FPL) and $17.4 billion ($13.2 billion at FPL) for the nine months ended September 30, 2023 and 2022, 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 September 30, 2023 and December 31, 2022, FPL's unbilled revenues amounted to approximately $773 million and $661 million, respectively, and are included in customer receivables on NEE's and FPL's condensed consolidated balance sheets. Certain contracts with customers contain a fixed price which primarily relate to certain power purchase agreements with maturity dates through 2041. As of September 30, 2023, FPL expects to record approximately $365 million of revenues related to the fixed capacity price components of such contracts over the remaining terms of the related contracts as the capacity is provided. These contracts also contain a variable price component for energy usage which FPL recognizes as revenue as the energy is delivered based on rates stipulated in the respective contracts. 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 2023 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 through 2036, certain power purchase agreements with maturity dates through 2034, and capacity sales associated with natural gas transportation through

Derivative Instruments

Derivative Instruments	9 Months Ended
	Sep. 30, 2023
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 fuel 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 (losses) 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 substantially all 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 (losses) of equity method investees in NEE's condensed consolidated statements of income. At September 30, 2023, NEE's AOCI included immaterial 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. Fair Value Measurements of Derivative Instruments – 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. 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. The tables below present NEE's and FPL's gross derivative positions at September 30, 2023 and December 31, 2022, 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, as well as the location of the net derivative position on the condensed consolidated balance sheets. September 30, 2023 Level 1 Level 2 Level 3 Netting (a) Total (millions) Assets: NEE: Commodity contracts $ 2,511 $ 4,609 $ 1,765 $ (6,162) $ 2,723 Interest rate contracts $ — $ 1,031 $ — $ — 1,031 Foreign currency contracts $ — $ — $ — $ (17) (17) Total derivative assets $ 3,737 FPL – commodity contracts $ — $ 2 $ 21 $ (6) $ 17 Liabilities: NEE: Commodity contracts $ 4,052 $ 4,613 $ 1,074 $ (7,135) $ 2,604 Interest rate contracts $ — $ 15 $ — $ — 15 Foreign currency contracts $ — $ 62 $ — $ (17) 45 Total derivative liabilities $ 2,664 FPL – commodity contracts $ — $ 10 $ 14 $ (6) $ 18 Net fair value by NEE balance sheet line item: Current derivative assets (b) $ 1,659 Noncurrent derivative assets (c) 2,078 Total derivative assets $ 3,737 Current derivative liabilities (d) $ 788 Noncurrent derivative liabilities (e) 1,876 Total derivative liabilities $ 2,664 Net fair value by FPL balance sheet line item: Current other assets $ 9 Noncurrent other assets 8 Total derivative assets $ 17 Current other liabilities $ 9 Noncurrent other liabilities 9 Total derivative liabilities $ 18 ——————————————— (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 the 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) Reflects the netting of approximately $29 million in margin cash collateral received from counterparties. (c) Reflects the netting of approximately $55 million in margin cash collateral received from counterparties. (d) Reflects the netting of approximately $586 million in margin cash collateral paid to counterparties. (e) Reflects the netting of approximately $471 million in margin cash collateral paid to counterparties. December 31, 2022 Level 1 Level 2 Level 3 Netting (a) Total (millions) Assets: NEE: Commodity contracts $ 5,372 $ 7,559 $ 2,094 $ (12,030) $ 2,995 Interest rate contracts $ — $ 583 $ — $ (49) 534 Foreign currency contracts $ — $ — $ — $ (4) (4) Total derivative assets $ 3,525 FPL – commodity contracts $ — $ 11 $ 25 $ (7) $ 29 Liabilities: NEE: Commodity contracts $ 7,185 $ 7,620 $ 2,948 $ (13,010) $ 4,743 Interest rate contracts $ — $ 191 $ — $ (49) 142 Foreign currency contracts $ — $ 130 $ — $ (4) 126 Total derivative liabilities $ 5,011 FPL – commodity contracts $ — $ 4 $ 16 $ (7) $ 13 Net fair value by NEE balance sheet line item: Current derivative assets (b) $ 1,590 Noncurrent derivative assets (c) 1,935 Total derivative assets $ 3,525 Current derivative liabilities (d) $ 2,102 Noncurrent derivative liabilities (e) 2,909 Total derivative liabilities $ 5,011 Net fair value by FPL balance sheet line item: Current other assets $ 19 Noncurrent other assets 10 Total derivative assets $ 29 Current other liabilities $ 12 Noncurrent other liabilities 1 Total derivative liabilities $ 13 ——————————————— (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 the 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) Reflects the netting of approximately $299 million in margin cash collateral received from counterparties. (c) Reflects the netting of approximately $262 million in margin cash collateral received from counterparties. (d) Reflects the netting of approximately $328 million in margin cash collateral paid to counterparties. (e) Reflects the netting of approximately $1,213 million in margin cash collateral paid to counterparties. At September 30, 2023 and December 31, 2022, NEE had approximately $25 million (none at FPL) and $106 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 September 30, 2023 and December 31, 2022, NEE had approximately $132 million (none at FPL) and $268 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. 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 September 30, 2023 are as follows: Fair Value at Valuation Significant Weighted- Transaction Type September 30, 2023 Technique(s) Unobservable Inputs Range average (a) Assets Liabilities (millions) Forward contracts – power $ 543 $ 482 Discounted cash flow Forward price (per MWh) $(6) — $166 $49 Forward contracts – gas 343 50 Discounted cash flow Forward price (per MMBtu) $1 — $15 $4 Forward contracts – congestion 70 34 Discounted cash flow Forward price (per MWh) $(20) — $30 $1 Options – power 44 9 Option models Implied correlations 49% — 63% 58% Implied volatilities 52% — 190% 110% Options – primarily gas 129 126 Option models Implied correlations 49% — 63% 58% Implied volatilities 18% — 140% 51% Full requirements and unit contingent contracts 481 280 Discounted cash flow Forward price (per MWh) $(2) — $427 $69 Customer migration rate (b) —% — 65% 6% Forward contracts – other 155 93 Total $ 1,765 $ 1,074 ——————————————— (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 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 September 30, 2023 2022 NEE FPL NEE FPL (millions) Fair value of net derivatives based on significant unobservable inputs at June 30 $ 755 $ 13 $ (1,594) $ 83 Realized and unrealized gains (losses): Included in operating revenues 87 — (695) — Included in regulatory assets and liabilities (2) (2) 92 92 Purchases 27 — 90 — Settlements (320) (6) 482 (154) Issuances (18) — (57) — Transfers in (a) (61) — — — Transfers out (a) 223 2 6 — Fair value of net derivatives based on significant unobservable inputs at September 30 $ 691 $ 7 $ (1,676) $ 21 Gains (losses) included in operating revenues attributable to the change in unrealized gains (losses) relating to derivatives held at the reporting date $ 85 $ — $ (446) $ — ——————————————— (a) Transfers into Level 3 were a result of decreased observability of market data. Transfers from Level 3 to Level 2 were a result of increased observability of market data. Nine Months Ended September 30, 2023 2022 NEE FPL NEE FPL (millions) Fair value of net derivatives based on significant unobservable inputs at December 31 of prior period $ (854) $ 9 $ 170 $ 8 Realized and unrealized gains (losses): Included in operating revenues 2,114 — (3,215) — Included in regulatory assets and liabilities 5 5 161 161 Purchases 356 — 469 — Settlements (1,045) (9) 1,043 (148) Issuances (119) — (289) — Transfers in (a) (46) — — — Transfers out (a) 280 2 (15) — Fair value of net derivatives based on significant unobservable inputs at September 30 $ 691 $ 7 $ (1,676) $ 21 Gains (losses) included in operating revenues attributable to the change in unrealized gains (losses) relating to derivatives held at the reporting date $ 994 $ — $ (2,081) $ — ——————————————— (a) Transfers into Level 3 were a result of decreased observability of market data. Transfers from Level 3 to Level 2 were a result of increased observability of market data. 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 September 30, Nine Months Ended September 30, 2023 2022 2023 2022 (millions) Commodity contracts (a) – operating revenues (including $362 unrealized losses, $10 unrealized losses, $1,794 unrealized gains and $2,942 unrealized losses, respectively) $ (318) $ (122) $ 1,595 $ (3,488) Foreign currency contracts – interest expense (including $5 unrealized losses, $32 unrealized losses, $66 unrealized gains and $113 unrealized losses, respectively) (6) (36) (73) (121) Interest rate contracts – interest expense (including $658 unrealized gains, $16 unrealized gains, $634 unrealized gains and $1,131 unrealized gains, respectively) 766 236 915 1,321 Losses reclassified from AOCI to interest expense: Interest rate contracts — — — (5) Foreign currency contracts (1) (1) (2) (2) Total $ 441 $ 77 $ 2,435 $ (2,295) ——————————————— (a) For the three and nine months ended September 30, 2023, FPL recorded approximately $2 million of gains and $7 million of losses, respectively, related to commodity contracts as regulatory liabilities and regulatory assets on its condensed consolidated balance sheets. For the three and nine months ended September 30, 2022, FPL recorded gains of approximately $131 million and $110 million, respectively, related to commodity contracts as regulatory liabilities on its condensed consolidated balance sheets. 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 the related 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: September 30, 2023 December 31, 2022 Commodity Type NEE FPL NEE FPL (millions) Power (127) MWh — (104) MWh — Natural gas (1,297) MMBtu 793 MMBtu (1,307) MMBtu 258 MMBtu Oil (43) barrels — (38) barrels — At September 30, 2023 and December 31, 2022, NEE had interest rate contracts with a notional amount of approximately $20.0 billion and $19.7 billion, respectively, and foreign currency contracts with a notional amount of approximately $0.5 billion and $1.0 billion, respectively. In October 2023, NEECH entered into forward starting interest rate swap agreements with a notional amount of $4.7 billion to manage interest rate risk associated with forecasted debt issuances. 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 September 30, 2023 and December 31, 2022, the aggregate fair value of NEE's derivative instruments with credit-risk-related contingent features that were in a liability position was approximately $4.2 billion ($15 million for FPL) and $7.4 billion ($15 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 $365 million (none at FPL) at September 30, 2023 and $1,625 million (none at FPL) at December 31, 2022. 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 $2.3 billion ($25 million at FPL) at September 30, 2023 and $5.2 billion ($20 million at FPL) at December 31, 2022. 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 $810 million ($90 million at FPL) at September 30, 2023 and $1.1 billion ($185 million at FPL) at December 31, 2022. Collateral related to derivatives may be posted in the form of cash or credit support in the normal course of business. At September 30, 2023 and December 31, 2022, applicable NEE subsidiaries have posted approximately $19 million (none at FPL) and $59 million (none at FPL), respectively, in cash, and $327 million (none at FPL) and $1,192 million (none at FPL), respectively, in the form of letters of credit and surety bonds, 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.

Non-Derivative Fair Value Measu

Non-Derivative Fair Value Measurements	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Non-Derivative Fair Value Measurements Non-derivative fair value measurements consist of NEE’s and FPL’s cash equivalents and restricted cash equivalents, special use funds and other investments. The fair value of these financial assets is determined by using the valuation techniques and inputs as described in Note 2 – Fair Value Measurements of Derivative Instruments as well as below. 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. Fair Value Measurement Alternative – NEE holds investments in equity securities without readily determinable fair values, which are initially recorded at cost, of approximately $514 million and $485 million at September 30, 2023 and December 31, 2022, respectively, and are included in noncurrent other assets on NEE's condensed consolidated balance sheets. Adjustments to carrying values are recorded as a result of observable price changes in transactions for identical or similar investments of the same issuer. Recurring Non-Derivative Fair Value Measurements – NEE's and FPL's financial assets and other fair value measurements made on a recurring basis by fair value hierarchy level are as follows: September 30, 2023 Level 1 Level 2 Level 3 Total (millions) Assets: Cash equivalents and restricted cash equivalents: (a) NEE – equity securities $ 677 $ — $ — $ 677 FPL – equity securities $ 36 $ — $ — $ 36 Special use funds: (b) NEE: Equity securities $ 2,237 $ 2,520 (c) $ — $ 4,757 U.S. Government and municipal bonds $ 699 $ 43 $ — $ 742 Corporate debt securities $ — $ 554 $ — $ 554 Asset-backed securities $ — $ 775 $ — $ 775 Other debt securities $ — $ 12 $ — $ 12 FPL: Equity securities $ 903 $ 2,280 (c) $ — $ 3,183 U.S. Government and municipal bonds $ 572 $ 15 $ — $ 587 Corporate debt securities $ — $ 389 $ — $ 389 Asset-backed securities $ — $ 582 $ — $ 582 Other debt securities $ — $ 5 $ — $ 5 Other investments: (d) NEE: Equity securities $ 49 $ — $ — $ 49 U.S. Government and municipal bonds $ 291 $ 265 $ — $ 556 Corporate debt securities $ — $ 358 $ 114 $ 472 Other debt securities $ — $ 190 $ 15 $ 205 FPL: Equity securities $ 9 — $ — $ 9 Debt securities $ — $ 262 $ — $ 262 ——————————————— (a) Includes restricted cash equivalents of approximately $20 million ($11 million for FPL) in current other assets on the condensed consolidated balance sheets. (b) 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. (c) Primarily invested in commingled funds whose underlying securities would be Level 1 if those securities were held directly by NEE or FPL. (d) Included in noncurrent other assets on NEE's and FPL's condensed consolidated balance sheets. December 31, 2022 Level 1 Level 2 Level 3 Total (millions) Assets: Cash equivalents and restricted cash equivalents: (a) NEE – equity securities $ 961 $ — $ — $ 961 FPL – equity securities $ 36 $ — $ — $ 36 Special use funds: (b) NEE: Equity securities $ 2,062 $ 2,375 (c) $ — $ 4,437 U.S. Government and municipal bonds $ 641 $ 63 $ — $ 704 Corporate debt securities $ 6 $ 716 $ — $ 722 Asset-backed securities $ — $ 615 $ — $ 615 Other debt securities $ 1 $ 19 $ — $ 20 FPL: Equity securities $ 743 $ 2,162 (c) $ — $ 2,905 U.S. Government and municipal bonds $ 505 $ 29 $ — $ 534 Corporate debt securities $ 6 $ 547 $ — $ 553 Asset-backed securities $ — $ 473 $ — $ 473 Other debt securities $ 1 $ 11 $ — $ 12 Other investments: (d) NEE: Equity securities $ 30 $ 1 $ — $ 31 U.S. Government and municipal bonds $ 117 $ 118 $ — $ 235 Corporate debt securities $ — $ 125 $ 108 $ 233 Other debt securities $ — $ 57 $ 10 $ 67 FPL: Equity securities $ 9 $ — $ — $ 9 Debt securities $ — $ 114 $ — $ 114 ——————————————— (a) Includes restricted cash equivalents of approximately $69 million ($33 million for FPL) in current other assets on the condensed consolidated balance sheets. (b) 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. (c) Primarily invested in commingled funds whose underlying securities would be Level 1 if those securities were held directly by NEE or FPL. (d) Included in noncurrent other assets on NEE's and FPL's condensed consolidated balance sheets. Contingent Consideration – On March 31, 2021, a wholly owned subsidiary of NEET acquired GridLiance Holdco, LP and GridLiance GP, LLC (GridLiance). The acquisition agreements are subject to earn-out provisions for additional payments by NEER related to the completion of capital expenditures for certain future development projects. NEECH guarantees the contingent consideration obligations under the GridLiance acquisition agreement. Significant inputs and assumptions used in the fair value measurement of the contingent consideration, some of which are Level 3 and require judgment, include the projected timing and amount of future cash flows, estimated probability of completing future development projects as well as discount rates. The contingent consideration liabilities were valued at approximately $264 million as of the acquisition date. Approximately $123 million and $203 million of contingent consideration liabilities are included in noncurrent other liabilities on NEE's condensed consolidated balance sheets at September 30, 2023 and December 31, 2022, respectively. The decrease in contingent consideration liabilities is primarily due to a revised assessment of the likelihood of future payments expected under the purchase and sale agreement governing the acquisition of GridLiance. 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: September 30, 2023 December 31, 2022 Carrying Estimated Carrying Estimated (millions) NEE: Special use funds (a) $ 1,181 $ 1,181 $ 998 $ 999 Other receivables, net of allowances (b) $ 696 $ 696 $ 246 $ 246 Long-term debt, including current portion $ 67,162 $ 60,952 (c) $ 61,889 $ 57,892 (c) FPL: Special use funds (a) $ 850 $ 850 $ 744 $ 744 Long-term debt, including current portion $ 24,889 $ 22,275 (c) $ 21,002 $ 19,364 (c) ——————————————— (a) Primarily represents investments accounted for under the equity method and loans not measured at fair value on a recurring basis (Level 2). (b) Approximately $475 million and $25 million is included in current other assets and $221 million and $221 million is included in noncurrent other assets on NEE's condensed consolidated balance sheets at September 30, 2023 and December 31, 2022, respectively (primarily Level 3). (c) At September 30, 2023 and December 31, 2022, substantially all is Level 2 for NEE and FPL. Special Use Funds and Other Investments Carried at Fair Value – The special use funds noted above and those carried at fair value (see Recurring Non-Derivative Fair Value Measurements above) consist of NEE's nuclear decommissioning fund assets of approximately $8,020 million ($5,595 million for FPL) and $7,495 million ($5,220 million for FPL) at September 30, 2023 and December 31, 2022, respectively, and FPL's storm fund assets of $1 million and $1 million at September 30, 2023 and December 31, 2022, respectively. The investments held in the special use funds and other investments 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 $3,562 million ($1,969 million for FPL) and $2,858 million ($1,873 million for FPL) at September 30, 2023 and December 31, 2022, respectively. Debt securities included in the nuclear decommissioning funds have a weighted-average maturity at September 30, 2023 of approximately nine years at both NEE and FPL. Other investments primarily consist of debt securities with a weighted-average maturity at September 30, 2023 of approximately six years. The cost of securities sold is determined using the specific identification method. 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 primarily 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. Unrealized gains (losses) recognized on equity securities held at September 30, 2023 and 2022 are as follows: NEE FPL Three Months Ended September 30, Nine Months Ended September 30, Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 2023 2022 2023 2022 (millions) Unrealized gains (losses) $ (180) $ (222) $ 396 $ (1,317) $ (114) $ (135) $ 279 $ (857) 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 September 30, Nine Months Ended September 30, Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 2023 2022 2023 2022 (millions) Realized gains $ 12 $ 8 $ 31 $ 26 $ 11 $ 6 $ 27 $ 20 Realized losses $ 64 $ 41 $ 140 $ 100 $ 60 $ 36 $ 122 $ 79 Proceeds from sale or maturity of securities $ 781 $ 681 $ 1,801 $ 1,901 $ 688 $ 324 $ 1,428 $ 1,001 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 September 30, 2023 December 31, 2022 September 30, 2023 December 31, 2022 (millions) Unrealized gains $ 5 $ 4 $ 4 $ 3 Unrealized losses (a) $ 260 $ 285 $ 152 $ 193 Fair value $ 2,797 $ 2,315 $ 1,480 $ 1,466 ——————————————— (a) Unrealized losses on available for sale debt securities in an unrealized loss position for greater than twelve months at September 30, 2023 and December 31, 2022 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. Nonrecurring Fair Value Measurements – NEE tests its equity method investments for impairment whenever events or changes in circumstances indicate that the fair value of the investment is less than the carrying value. Indicators of impairment may include, among other things, an observable market price below NEE’s carrying value. Investments that are other than temporarily impaired are written down to their estimated fair value on the reporting date and an impairment loss is recognized. NextEra Energy Resources owns a noncontrolling interest in NEP, primarily through its limited partner interest in NEP OpCo, and accounts for this ownership interest as an equity method investment. During the preparation of NEE’s September 30, 2023 financial statements, it was determined that NextEra Energy Resources’ investment in NEP was OTTI as a result of a significant decline in trading price of NEP's common units during the final three trading days of the third quarter of 2023 following the announcement of a decrease in NEP’s distribution growth rate expectations. The impairment reflected NEE’s fair value analysis using the market approach and the observable trading price of NEP’s common units at September 30, 2023 of $29.70. When making the OTTI determination, NEE considered, among other things, the extent to which the publicly traded unit price was less than cost. Based on the fair value analysis, the equity method investment with a carrying amount of approximately $4.2 billion was written down to its estimated fair value of approximately $3.0 billion, which is the carrying amount as of September 30, 2023, resulting in an impairment charge of $1.2 billion ($0.9 billion after tax), which is recorded in equity in earnings (losses) of equity method investees in NEE’s condensed consolidated statements of income for the three and nine months ended September 30, 2023. During the first quarter of 2022, NextEra Energy Resources recorded an impairment charge of approximately $0.8 billion ($0.6 billion after tax) related to an investment in Mountain Valley Pipeline, LLC (Mountain Valley Pipeline), which is reflected in equity in earnings (losses) of equity method investees in NEE’s condensed consolidated statements of income for the nine months ended September 30, 2022. The impairment reflected NextEra Energy Resources’ fair value analysis based on the market approach and considered legal and regulatory challenges to the completion of construction and the resulting economic outlook for the pipeline. This impairment charge resulted in the complete write off of NextEra Energy Resources’ equity method investment carrying amount as of March 31, 2022 of approximately $0.6 billion, as well as the recording of a liability of approximately $0.2 billion which reflects NextEra Energy Resources’ share of estimated future dismantlement costs.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes NEE's effective income tax rate for the three months ended September 30, 2023 and 2022 was approximately (4.7)% and 17.2%, respectively, and for the nine months ended September 30, 2023 and 2022 was approximately 13.5% and 11.5%, respectively. NEE's effective income tax rate is based on the composition of pretax income or loss, and, for the three months ended September 30, 2023, primarily reflects the impact on pre-tax income (income before income taxes) of the impairment charge related to the investment in NEP (see Note 3 – Nonrecurring Fair Value Measurements). The nine months ended September 30, 2022, primarily reflects the impact on pre-tax income (income before income taxes) of favorable changes in the fair value of interest rate derivative instruments, unfavorable changes in the fair value of commodity derivatives and equity securities held in NEER's nuclear decommissioning funds, as well as the first quarter of 2022 impairment charge related to the investment in Mountain Valley Pipeline (see Note 3 – Nonrecurring Fair Value Measurements). A reconciliation between the effective income tax rates and the applicable statutory rate is as follows: NEE FPL NEE FPL Three Months Ended September 30, Three Months Ended September 30, Nine Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 2023 2022 2023 2022 Statutory federal income tax rate 21.0 % 21.0 % 21.0 % 21.0 % 21.0 % 21.0 % 21.0 % 21.0 % Increases (reductions) resulting from: State income taxes – net of federal income tax benefit (4.5) 1.7 4.4 4.5 1.5 1.3 4.3 4.4 Taxes attributable to noncontrolling interests 6.8 2.6 — — 3.0 6.8 — — PTCs and ITCs (21.1) (4.7) (2.3) (1.9) (8.7) (9.4) (2.0) (1.1) Amortization of deferred regulatory credit (5.0) (2.9) (3.3) (4.1) (2.4) (6.7) (3.5) (4.0) Other – net (1.9) (0.5) (0.3) 0.1 (0.9) (1.5) (0.3) 0.1 Effective income tax rate (4.7) % 17.2 % 19.5 % 19.6 % 13.5 % 11.5 % 19.5 % 20.4 % NEE recognizes PTCs as wind and solar 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 expected value of most wind and some solar projects and a fundamental component of such wind and solar 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 or loss. The amount of PTCs recognized can be significantly affected by wind and solar generation and by the roll off of PTCs after ten years of production absent a retrofitting of the wind and solar projects.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2023
Business Combinations [Abstract]
Acquisitions	Acquisitions RNG Acquisition – On March 21, 2023, a wholly owned subsidiary of NextEra Energy Resources acquired a portfolio of renewable energy projects from the owners of Energy Power Partners Fund I, L.P. and North American Sustainable Energy Fund, L.P., as well as the related service provider (RNG acquisition). The portfolio primarily consists of 31 biogas projects, one of which is an operating renewable natural gas facility and the others of which are primarily operating landfill gas-to-electric facilities. The purchase price included approximately $1.1 billion in cash consideration and the assumption of approximately $34 million of debt, excluding post-closing adjustments. Under the acquisition method, the purchase price was allocated to the assets acquired and liabilities assumed based on their fair value. NEE acquired identifiable assets of approximately $1.3 billion, primarily relating to property, plant and equipment and intangible assets associated with biogas rights agreements and above-market purchased power agreements, and assumed

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Related Party Transactions	Related Party Transactions NextEra Energy Resources provides operational, management and administrative services as well as transportation and fuel management services to NEP and its subsidiaries under various agreements (service agreements). NextEra Energy Resources is also party to a CSCS agreement with a subsidiary of NEP. At September 30, 2023 and December 31, 2022, the cash sweep amounts (due to NEP and its subsidiaries) held in accounts belonging to NextEra Energy Resources or its subsidiaries were approximately $92 million and $298 million, respectively, and are included in accounts payable. Fee income related to the CSCS agreement and the service agreements totaled approximately $5 million and $45 million for the three months ended September 30, 2023 and 2022, respectively, and $55 million and $129 million for the nine months ended September 30, 2023 and 2022, respectively, and is included in operating revenues in NEE's condensed consolidated statements of income. Amounts due from NEP of approximately $63 million and $94 million are included in other receivables and $114 million and $101 million are included in noncurrent other assets at September 30, 2023 and December 31, 2022, respectively. See also Note 11 – Disposal of Businesses/Assets for amounts due to NEP for reimbursement of construction-related costs. NEECH or NextEra Energy Resources guaranteed or provided indemnifications, letters of credit or surety bonds totaling approximately $2.7 billion at September 30, 2023 primarily related to obligations on behalf of NEP's subsidiaries with maturity dates ranging from 2023 to 2059, including certain project performance obligations, obligations under financing and interconnection agreements and obligations, primarily incurred and future construction payables, associated with the December 2022 sale of projects to NEP (see Note 11 – Disposal of Businesses/Assets). 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 September 30, 2023, approximately $60 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. During 2023 and 2022, certain services, primarily engineering, construction, transportation, storage and maintenance services, were provided to subsidiaries of NEE by related parties that NEE accounts for under the equity method of accounting. Charges for these services amounted to approximately $134 million and $136 million for the three months ended September 30, 2023 and 2022, respectively, and $520 million and $424 million for the nine months ended September 30, 2023 and 2022, respectively. See also Note 11 – Disposal of Businesses/Assets for sales to NEP.

Variable Interest Entities (VIE

Variable Interest Entities (VIEs)	9 Months Ended
	Sep. 30, 2023
Variable Interest Entities [Abstract]
Variable Interest Entities (VIEs)	Variable Interest Entities (VIEs) NEER – At September 30, 2023, NEE consolidates a number of 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. Eight indirect subsidiaries of NextEra Energy Resources have an ownership interest ranging from approximately 50% to 67% in entities which own and operate solar generation facilities with the generating capacity of approximately 765 MW. Each of the 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 entities sell their electric output to third parties under power sales contracts with expiration dates ranging from 2035 through 2052. These 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 $1,875 million and $1,095 million, respectively, at September 30, 2023. There were nine of these consolidated VIEs at December 31, 2022 and the assets and liabilities of those VIEs at such date totaled approximately $2,084 million and $1,174 million, respectively. At September 30, 2023 and December 31, 2022, the assets and liabilities of these VIEs consisted primarily of property, plant and equipment and long-term debt. NEE consolidates a NEET VIE which owns and operates an approximately 280-mile electric transmission line that went into service during the first quarter of 2022. A NEET subsidiary is the primary beneficiary and controls the most significant activities of the VIE. NEET is entitled to receive 48% of the profits and losses of the entity. The assets and liabilities of the VIE totaled approximately $722 million and $27 million, respectively, at September 30, 2023, and $744 million and $18 million, respectively, at December 31, 2022. At September 30, 2023 and December 31, 2022, the assets of this VIE consisted primarily of property, plant and equipment. NextEra Energy Resources consolidates a VIE which has a 10% direct ownership interest in wind and solar generation facilities which have the capability of producing approximately 400 MW and 599 MW, respectively. These entities sell their electric output under power sales contracts to third parties with expiration dates ranging from 2025 through 2040. These entities are also considered a VIE because the holders of differential membership interests in these entities do not have substantive rights over the significant activities of these entities. The assets and liabilities of the VIE were approximately $1,480 million and $90 million, respectively, at September 30, 2023, and $1,488 million and $86 million, respectively, at December 31, 2022. At September 30, 2023 and December 31, 2022, the assets of this VIE consisted primarily of property, plant and equipment. NextEra Energy Resources consolidates 31 VIEs that primarily relate to certain subsidiaries which have sold differential membership interests in entities which own and operate wind generation, solar generation and battery storage facilities with the generating/storage capacity of approximately 11,588 MW, 1,401 MW and 1,062 MW, respectively, and own solar generation facilities that, upon completion of construction, which is anticipated in 2023, are expected to have generating capacity of approximately 1,067 MW. These entities sell, or will sell, their electric output either under power sales contracts to third parties with expiration dates ranging from 2024 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. NextEra Energy Resources has financing obligations with respect to these entities, including 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 $20,421 million and $1,592 million, respectively, at September 30, 2023, and $19,690 million and $2,318 million, respectively, at December 31, 2022. At September 30, 2023 and December 31, 2022, the assets and liabilities of these VIEs consisted primarily of property, plant and equipment and accounts payable. At September 30, 2023, subsidiaries of NEE had guarantees related to certain obligations of three of these consolidated VIEs. Other – At September 30, 2023 and December 31, 2022, several NEE subsidiaries had investments totaling approximately $4,671 million ($3,661 million at FPL) and $4,016 million ($3,331 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 asset-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 $5,201 million and $5,214 million at September 30, 2023 and December 31, 2022, respectively. At September 30, 2023, subsidiaries of NEE had guarantees related to certain obligations of one of these entities, as well as commitments to invest an additional approximately $190 million in several of these entities. See further discussion of such guarantees and commitments in Note 12 – Commitments and – Contracts, respectively.

Employee Retirement Benefits

Employee Retirement Benefits	9 Months Ended
	Sep. 30, 2023
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 cost (income) for the plans are as follows: Pension Benefits Postretirement Benefits Pension Benefits Postretirement Benefits Three Months Ended September 30, Three Months Ended September 30, Nine Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 2023 2022 2023 2022 (millions) Service cost $ 16 $ 21 $ — $ — $ 48 $ 64 $ 1 $ 1 Interest cost 33 19 3 2 99 58 7 4 Expected return on plan assets (98) (90) — — (294) (271) — — Amortization of actuarial loss — — — 1 — — — 2 Amortization of prior service benefit — — — (1) — (1) — (3) Special termination benefits (a) — — — — — 52 — — Net periodic cost (income) at NEE $ (49) $ (50) $ 3 $ 2 $ (147) $ (98) $ 8 $ 4 Net periodic cost (income) allocated to FPL $ (32) $ (33) $ 2 $ 1 $ (96) $ (60) $ 6 $ 3

Debt

Debt	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Debt	Debt Significant long-term debt issuances and borrowings during the nine months ended September 30, 2023 were as follows: Principal Amount Interest Rate Maturity Date (millions) FPL: First mortgage bonds $ 4,500 4.40 % – 5.30 % 2028 – 2053 Senior unsecured notes $ 500 4.45 % 2026 Senior unsecured notes $ 486 Variable (a) 2073 NEECH: Debentures $ 4,000 4.90 % – 5.25 % 2028 – 2053 NEER: NEET – long term debt $ 317 4.86 % 2053 ——————————————— (a) Variable rate is based on an underlying index minus a specified margin. In March 2023, NEECH completed a remarketing of $2.5 billion aggregate principal amount of its Series K Debentures due March 1, 2025 that were issued in February 2020 as components of equity units issued concurrently by NEE (February 2020 equity units). The debentures are fully and unconditionally guaranteed by NEE. In connection with the remarketing of the debentures, the interest rate on the debentures was reset to 6.051% per year, and interest is payable on March 1 and September 1 of each year, commencing September 1, 2023. In connection with the settlement of the contracts to purchase NEE common stock that were issued as components of the February 2020 equity units, on March 1, 2023, NEE issued 33,380,000 shares of common stock in exchange for $2.5 billion. In August 2023, NEECH completed a remarketing of $2.0 billion aggregate principal amount of its Series L Debentures due September 1, 2025 that were issued in September 2020 as components of equity units issued concurrently by NEE (September 2020 equity units). The debentures are fully and unconditionally guaranteed by NEE. In connection with the remarketing of the debentures, the interest rate on the debentures was reset to 5.749% per year, and interest is payable on March 1 and September 1 of each year, commencing September 1, 2023. In connection with the settlement of the contracts to purchase NEE common stock that were issued as components of the September 2020 equity units, on September 1, 2023, NEE issued 27,344,000 shares of common stock in exchange for $2.0 billion.

Equity

Equity	9 Months Ended
	Sep. 30, 2023
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 September 30, Nine Months Ended September 30, 2023 2022 2023 2022 (millions, except per share amounts) Numerator – net income attributable to NEE $ 1,219 $ 1,696 $ 6,100 $ 2,625 Denominator: Weighted-average number of common shares outstanding – basic 2,031.3 1,972.5 2,017.8 1,967.5 Equity units, stock options, performance share awards and restricted stock (a) 4.9 6.4 5.2 6.1 Weighted-average number of common shares outstanding – assuming dilution 2,036.2 1,978.9 2,023.0 1,973.6 Earnings per share attributable to NEE: Basic $ 0.60 $ 0.86 $ 3.02 $ 1.33 Assuming dilution $ 0.60 $ 0.86 $ 3.02 $ 1.33 ——————————————— (a) 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 equity units, stock options and/or performance share awards, as well as restricted stock, which were not included in the denominator above due to their antidilutive effect were approximately 25.9 million and 8.6 million for the three months ended September 30, 2023 and 2022, respectively, and 43.0 million and 42.6 million for the nine months ended September 30, 2023 and 2022, 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 Related to Equity Method Investees Total (millions) Three Months Ended September 30, 2023 Balances, June 30, 2023 $ 21 $ (63) $ (100) $ (64) $ 6 $ (200) Other comprehensive income (loss) before reclassifications — (19) — (15) — (34) Amounts reclassified from AOCI — 2 (a) — — — 2 Net other comprehensive income (loss) — (17) — (15) — (32) Less other comprehensive loss attributable to noncontrolling interests — — — 5 — 5 Balances, September 30, 2023 $ 21 $ (80) $ (100) $ (74) $ 6 $ (227) Attributable to noncontrolling interests $ — $ — $ — $ (15) $ — $ (15) (17) ——————————————— (a) Reclassified to gains on disposal of investments and other property – net in NEE's condensed consolidated statements of income. 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 Related to Equity Method Investees Total (millions) Nine Months Ended September 30, 2023 Balances, December 31, 2022 $ 20 $ (69) $ (101) $ (74) $ 6 $ (218) Other comprehensive income (loss) before reclassifications — (20) — (2) — (22) Amounts reclassified from AOCI 1 (a) 9 (b) 1 — — 11 Net other comprehensive income 1 (11) 1 (2) — (11) Less other comprehensive loss attributable to noncontrolling interests — — — 2 — 2 Balances, September 30, 2023 $ 21 $ (80) $ (100) $ (74) $ 6 $ (227) Attributable to noncontrolling interests $ — $ — $ — $ (15) $ — $ (15) ——————————————— (a) Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 2 – 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. 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 Related to Equity Method Investees Total (millions) Three Months Ended September 30, 2022 Balances, June 30, 2022 $ 19 $ (53) $ 25 $ (55) $ 5 $ (59) Other comprehensive income (loss) before reclassifications — (31) — (49) 1 (79) Amounts reclassified from AOCI — 1 (a) — — — 1 Net other comprehensive income (loss) — (30) — (49) 1 (78) Less other comprehensive loss attributable to noncontrolling interests — — — 23 — 23 Balances, September 30, 2022 $ 19 $ (83) $ 25 $ (81) $ 6 $ (114) Attributable to noncontrolling interests $ — $ — $ — $ (21) $ — $ (21) ——————————————— (a) Reclassified to gains on disposal of investments and other property – net in NEE's condensed consolidated statements of income. 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 Related to Equity Method Investees Total (millions) Nine Months Ended September 30, 2022 Balances, December 31, 2021 $ 14 $ 5 $ 25 $ (49) $ 5 $ — Other comprehensive income (loss) before reclassifications — (91) — (58) 1 (148) Amounts reclassified from AOCI 5 (a) 3 (b) — — — 8 Net other comprehensive income (loss) 5 (88) — (58) 1 (140) Less other comprehensive loss attributable to noncontrolling interests — — — 26 — 26 Balances, September 30, 2022 $ 19 $ (83) $ 25 $ (81) $ 6 $ (114) Attributable to noncontrolling interests $ — $ — $ — $ (21) $ — $ (21) ———————————————

Summary of Significant Accounti

Summary of Significant Accounting and Reporting Policies	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting and Reporting Policies	Summary of Significant Accounting and Reporting Policies Rate Regulation – On September 28, 2023, the Florida Supreme Court ruled on the appeal of the FPSC’s final order regarding FPL’s 2021 rate agreement by Floridians Against Increased Rates, Inc. and, as a group, Florida Rising, Inc., Environmental Confederation of Southwest Florida, Inc. and League of United Latin American Citizens of Florida. The ruling remands the FPSC's order back to the FPSC. While management is unable to predict with certainty the eventual outcome, FPL believes the FPSC will maintain its determination in its revised order that the 2021 rate agreement is in the public interest and should remain intact. In March 2023, the FPSC approved FPL’s January 2023 request to recover its 2022 fuel under-recovery of approximately $2.1 billion over 21 months effective April 2023 and its request for a $1.0 billion mid-course correction to reduce the 2023 levelized fuel charges to customers over 9 months effective April 2023. Due to further declines in the natural gas forward curve, the FPSC approved FPL’s March 2023 request for a second mid-course correction to reduce its 2023 levelized fuel charges by an additional $379 million over 8 months effective May 2023 and FPL's May 2023 request for a third mid-course correction to reduce its 2023 levelized fuel charges by an additional $256 million over 6 months effective July 2023. Storm Cost Recovery – In March 2023, the FPSC approved FPL's request to begin recovering eligible storm costs, which are currently estimated at approximately $1.3 billion, primarily related to the surcharge for Hurricanes Ian and Nicole. The amount will be collected through an interim surcharge that will apply for a 12-month period that began April 2023 and will be subject to refund based on an FPSC prudence review. Restricted Cash – At September 30, 2023 and December 31, 2022, NEE had approximately $1,210 million ($18 million for FPL) and $1,840 million ($33 million for FPL), respectively, of restricted cash, which is included in current other assets on NEE's and FPL's condensed consolidated balance sheets. Restricted cash is primarily related to debt service payments and margin cash collateral requirements at NEER and bond proceeds held for construction at FPL. In addition, where offsetting positions exist, restricted cash related to margin cash collateral of $1,056 million is netted against derivative liabilities at September 30, 2023 and $7 million is netted against derivative assets and $1,541 million is netted against derivative liabilities at December 31, 2022. See Note 2. Disposal of Businesses/Assets – On September 26, 2023, FPL entered into an agreement to sell its ownership interests in its Florida City Gas business (FCG) for a cash purchase price of approximately $923 million, subject to working capital and other adjustments. The transaction is expected to be completed over the next several months, pending the satisfaction of customary closing conditions. FPL anticipates recording a gain of approximately $0.4 billion ($0.3 billion after tax) when the transaction closes. The carrying amounts of the major classes of assets related to FCG classified as held for sale, which are included in current other assets on NEE’s and FPL’s condensed consolidated balance sheets, were approximately $616 million at September 30, 2023 and primarily represent property, plant and equipment. Liabilities associated with assets classified as held for sale, which are included in current other liabilities on NEE’s and FPL’s condensed consolidated balance sheets, were approximately $113 million at September 30, 2023 and primarily represent regulatory liabilities and finance lease liabilities. In June 2023, subsidiaries of NextEra Energy Resources completed the sale to a NEP subsidiary of their 100% ownership interests in five wind generation facilities and three solar generation facilities located in geographically diverse locations throughout the U.S. with a total generating capacity of 688 MW for cash proceeds of approximately $566 million, plus working capital of $32 million. In December 2022, subsidiaries of NextEra Energy Resources sold (i) a 49% controlling ownership interest in three wind generation facilities and one solar plus battery facility located in geographically diverse locations throughout the U.S. with a total generating capacity of 1,437 MW and 65 MW of battery storage capacity, two of which facilities were under construction with expected in service dates in 2023, and (ii) their 100% ownership interest in three wind generation facilities located in the Midwest region of the U.S. with a total generating capacity of 347 MW to a NEP subsidiary for cash proceeds of approximately $805 million, plus working capital and other adjustments of $8 million (subject to post-closing adjustments). NEER continued to consolidate one of the projects under construction for accounting purposes through March 2023 and the second project under construction through July 2023. A NextEra Energy Resources affiliate will continue to operate the facilities included in the sale. In connection with the two facilities under construction, approximately $251 million of cash received was recorded as contract liabilities, which is included in current other liabilities on NEE's condensed consolidated balance sheet at December 31, 2022. In 2023, the two facilities achieved commercial operations and approximately $251 million of contract liabilities were reversed and the sale of those facilities was recognized for accounting purposes. In addition, NextEra Energy Resources is responsible to pay for all construction costs related to the portfolio. At September 30, 2023 and December 31, 2022, approximately $196 million and $810 million, respectively, are included in accounts payable on NEE's condensed consolidated balance sheets and represent amounts owed by NextEra Energy Resources to NEP to reimburse NEP for construction costs. In September 2022, subsidiaries of NextEra Energy Resources sold to a NEP subsidiary a 67% controlling ownership interest in a battery storage facility in California with storage capacity of 230 MW, for cash proceeds of approximately $191 million, plus working capital and other adjustments of $2 million. A NextEra Energy Resources affiliate will continue to operate the facility included in the sale. In connection with the sale, a gain of approximately $87 million ($66 million after tax) was recorded in NEE's condensed consolidated statements of income for the three and nine months ended September 30, 2022 and is included in gains on disposal of businesses/assets – net. Property Plant and Equipment – Property, plant and equipment consists of the following: NEE FPL September 30, 2023 December 31, 2022 September 30, 2023 December 31, 2022 (millions) Electric plant in service and other property $ 133,184 $ 124,963 $ 78,282 $ 74,353 Nuclear fuel 1,497 1,684 1,069 1,190 Construction work in progress 18,899 15,675 7,801 7,026 Property, plant and equipment, gross 153,580 142,322 87,152 82,569 Accumulated depreciation and amortization (32,697) (31,263) (18,298) (17,876) Property, plant and equipment – net $ 120,883 $ 111,059 $ 68,854 $ 64,693 During the three months ended September 30, 2023 and 2022, FPL recorded AFUDC of approximately $49 million and $25 million, respectively, including AFUDC – equity of approximately $40 million and $19 million, respectively. During the nine months ended September 30, 2023 and 2022, FPL recorded AFUDC of approximately $123 million and $106 million, respectively, including AFUDC – equity of approximately $100 million and $82 million, respectively. During the three months ended September 30, 2023 and 2022, NEER capitalized interest on construction projects of approximately $88 million and $46 million, respectively. During the nine months ended September 30, 2023 and 2022, NEER capitalized interest on construction projects of approximately $220 million and $119 million, respectively. Structured Payables – Under NEE's structured payables program, subsidiaries of NEE issue negotiable drafts, backed by NEECH guarantees, to settle invoices with suppliers with payment terms that extend the original invoice due date (typically 30 days) to less than one year and include a service fee. At their discretion, the suppliers may assign the negotiable drafts and the rights under the NEECH guarantees to financial institutions. NEE and its subsidiaries are not party to any contractual agreements between their suppliers and the applicable financial institutions. At September 30, 2023 and December 31, 2022, NEE's outstanding obligations under its structured payables program were approximately $4.2 billion and $3.7 billion, respectively, substantially all of which is included in accounts payable on NEE's condensed consolidated balance sheets. Income Taxes – For taxable years beginning after 2022, renewable energy tax credits generated during the taxable year can be transferred to an unrelated transferee for cash. Any tax credits transferred will be accounted for under Accounting Standards Codification 740 – Income Taxes . Proceeds resulting from the sales of PTCs and ITCs on NEE’s tax return will be reported in

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2023
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 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 development, construction and maintenance of its competitive energy businesses. Also see Note 3 – Contingent Consideration. At September 30, 2023, estimated capital expenditures, on an accrual basis, for the remainder of 2023 through 2027 were as follows: Remainder of 2023 2024 2025 2026 2027 Total (millions) FPL: Generation: (a) New (b) $ 645 $ 2,390 $ 2,750 $ 3,665 $ 3,195 $ 12,645 Existing 390 1,350 1,025 1,330 1,465 5,560 Transmission and distribution (c) 790 3,410 3,415 3,160 3,415 14,190 Nuclear fuel 115 145 200 295 300 1,055 General and other 255 510 590 465 585 2,405 Total $ 2,195 $ 7,805 $ 7,980 $ 8,915 $ 8,960 $ 35,855 NEER: (d) Wind (e) $ 1,355 $ 2,135 $ 535 $ 85 $ 95 $ 4,205 Solar (f) 1,225 2,225 1,210 10 5 4,675 Other clean energy (g) 605 730 390 70 70 1,865 Nuclear, including nuclear fuel 85 265 245 210 295 1,100 Rate-regulated transmission (h) 230 700 1,180 835 20 2,965 Other (i) 500 625 205 220 245 1,795 Total $ 4,000 $ 6,680 $ 3,765 $ 1,430 $ 730 $ 16,605 ——————————————— (a) Includes AFUDC of approximately $40 million, $110 million, $75 million, $120 million and $115 million for the remainder of 2023 through 2027, respectively. (b) Includes land, generation structures, transmission interconnection and integration and licensing. (c) Includes AFUDC of approximately $15 million, $50 million, $50 million, $30 million and $30 million for the remainder of 2023 through 2027, respectively. (d) Represents capital expenditures for which applicable internal approvals and also, if required, regulatory approvals have been received. (e) Consists of capital expenditures for new wind projects and repowering of existing wind projects totaling approximately 3,730 MW, and related transmission. (f) Includes capital expenditures for new solar projects (including solar plus battery storage projects) totaling approximately 6,565 MW and related transmission. (g) Includes capital expenditures primarily for battery storage projects and renewable fuels projects. (h) Includes AFUDC of approximately $5 million, $30 million, $90 million, $125 million and $5 million for the remainder of 2023 through 2027, respectively. (i) Includes equity contributions in 2023 and 2024 for the construction of Mountain Valley Pipeline. The above estimates are subject to continuing review and adjustment and actual capital expenditures may vary significantly from these estimates. In addition to guarantees noted in Note 6 with regards to NEP, NEECH has guaranteed or provided indemnifications or letters of credit related to third parties, including certain obligations of investments in joint ventures accounted for under the equity method, totaling approximately $482 million at September 30, 2023. These obligations primarily related to guaranteeing the residual value of certain financing leases. Payment guarantees and related contracts with respect to unconsolidated entities for which NEE or one of its subsidiaries are the guarantor are recorded at fair value and are included in noncurrent other liabilities on NEE’s condensed consolidated balance sheets. Management believes that the exposure associated with these guarantees is not material. 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 with expiration dates through 2042. At September 30, 2023, NEER has entered into contracts with expiration dates 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. Approximately $5.3 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 through 2044. The required capacity and/or minimum payments under contracts, including those discussed above, at September 30, 2023 were estimated as follows: Remainder of 2023 2024 2025 2026 2027 Thereafter (millions) FPL (a) $ 275 $ 1,070 $ 1,075 $ 1,075 $ 970 $ 8,565 NEER (b)(c)(d) $ 2,505 $ 3,260 $ 285 $ 165 $ 150 $ 1,690 ——————————————— (a) Includes approximately $105 million, $410 million, $405 million, $400 million, $400 million and $5,560 million for the remainder of 2023 through 2027 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. For the three and nine months ended September 30, 2023, the charges associated with these agreements totaled approximately $104 million and $314 million, respectively, of which $25 million and $74 million, respectively, were eliminated in consolidation at NEE. For the three and nine months ended September 30, 2022, the charges associated with these agreements totaled approximately $104 million and $314 million, respectively, of which $26 million and $77 million, respectively, were eliminated in consolidation at NEE. (b) Includes equity contributions in 2023 and 2024 and a 20-year natural gas transportation agreement (approximately $70 million per year) with Mountain Valley Pipeline, a joint venture in which NEER has a 32.2% equity investment, that is constructing a natural gas pipeline. The transportation agreement commitments are subject to the completion of construction. (c) Includes approximately $235 million of commitments to invest in technology and other investments through 2031. See Note 7 – Other. (d) Includes approximately $565 million, $1,385 million, $5 million, $5 million, $0 million and $0 million for the remainder of 2023 through 2027 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, except at Duane Arnold which obtained an exemption from the NRC and maintains a $100 million private liability insurance limit. Each site, except Duane Arnold, participates in a secondary financial protection system, which provides up to $16.1 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 $1,161 million ($664 million for FPL), plus any applicable taxes, per incident at any nuclear reactor in the U.S., payable at a rate not to exceed $173 million ($99 million for FPL) per incident per year. NextEra Energy Resources and FPL are contractually entitled to recover a proportionate share of such assessments from the owners of minority interests in Seabrook and St. Lucie Unit No. 2, which approximates $20 million and $25 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 limit of $50 million for property damage, decontamination risks and non-nuclear perils. NEE participates in co-insurance of 10% of the first $400 million of losses per site per occurrence, except at Duane Arnold. 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 $163 million ($104 million for FPL), plus any applicable taxes, in retrospective premiums in a policy year. NextEra Energy Resources 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, $2 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 FPL's storm restoration costs exceed the storm reserve, such storm restoration costs may be recovered, 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, would be borne by NEE and FPL and could have a material adverse effect on NEE's and FPL's financial condition, results of operations and liquidity. Legal Proceedings – FPL is the defendant in a purported class action lawsuit filed in February 2018 that seeks from FPL unspecified damages for alleged breach of contract and gross negligence based on service interruptions that occurred as a result of Hurricane Irma in 2017. There is currently no trial date set. The Miami-Dade County Circuit Court certified the case as a class action and FPL's appeal of that decision was denied by Florida's Third District Court of Appeal (3 rd DCA) in March 2023. The certified class encompasses all persons and business owners who reside in and are otherwise citizens of the state of Florida that contracted with FPL for electrical services, were charged storm charges, experienced a power outage after Hurricane Irma and suffered consequential damages because of FPL’s alleged breach of contract or gross negligence. FPL filed a motion on March 31, 2023, for rehearing with the 3 rd DCA claiming that the opinion upholding the class certification contains several errors that should be reheard by the full 3 rd DCA. The motion is pending. Additionally, in July 2023, FPL filed a motion to dismiss the lawsuit on the basis that, among other things, it believes the FPSC has exclusive jurisdiction over any issues arising from a utility's preparation for and response to emergencies or disasters. FPL is vigorously defending against the claims in this proceeding. NEE, along with certain current and former executives, are the named defendants in a purported shareholder securities class action lawsuit filed in the U.S. District Court for the Southern District of Florida in June 2023 that seeks from the defendants unspecified damages allegedly resulting from alleged lack of disclosures and misstatements regarding NEE's legal and reputational risk related to campaign finance allegations and other political activities. The alleged class of plaintiffs are all persons or entities who purchased or otherwise acquired NEE securities between December 2, 2021 and February 1, 2023. NEE is vigorously defending against the claims in this proceeding. NEE, along with certain current and former executives and directors are the named defendants in purported shareholder derivative action lawsuits filed in the 15th Judicial Circuit in Palm Beach County, Florida in July 2023 and in the U.S. District Court for the Southern District of Florida in October 2023 that seek from the defendants unspecified damages allegedly resulting from, among other things, breaches of fiduciary duties and, in the latter case, violations of the federal securities laws, all purporting to relate to alleged campaign finance law violations and associated matters. NEE is vigorously defending against the claims in these proceedings. NEE also has received demand letters and books and records requests from counsel representing other purported shareholders and containing similar allegations. These demands seek, among other things, a Board of Directors investigation of, and/or documentation regarding, these allegations. NEE and one of the shareholders demanding an investigation have agreed to a specified stay of all material activities related to the demand. In September 2023, a participant in the NEE Employee Retirement Savings Plan (Plan), purportedly on behalf of the Plan and all persons who were participants in or beneficiaries of the Plan, at any time between September 25, 2016 and September 25, 2023 (Plan participants), filed a putative ERISA class action lawsuit in the U.S. District Court for the Southern District of Florida against NEE. The complaint alleges that NEE violated its fiduciary duties under the Plan by permitting a third-party administrative recordkeeper to charge allegedly excessive fees for the services provided and allegedly by allowing a large volume of plan assets to be invested in NEE common stock. The plaintiff seeks declaratory, equitable and monetary relief on behalf of the Plan and Plan participants. NEE is vigorously defending against the claims in this proceeding.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Segment Information	Segment InformationThe tables below present information for NEE's two reportable segments, FPL, a rate-regulated utility business, and NEER, which is comprised of competitive energy and rate-regulated transmission businesses. Corporate and Other represents other business activities, includes eliminating entries, and may include the net effect of rounding. NEE's segment information is as follows: Three Months Ended September 30, 2023 2022 FPL NEER (a) Corporate and Other NEE FPL NEER (a) Corporate NEE (millions) Operating revenues $ 5,475 $ 1,669 $ 28 $ 7,172 $ 5,075 $ 1,652 $ (8) $ 6,719 Operating expenses – net $ 3,770 $ 1,470 $ 103 $ 5,343 $ 3,568 $ 1,341 $ 119 $ 5,028 Gains (losses) on disposal of businesses/assets – net $ — $ 8 $ (1) $ 7 $ — $ 173 $ (2) $ 171 Net loss attributable to noncontrolling interests $ — $ 200 $ — $ 200 $ — $ 137 $ — $ 137 Net income (loss) attributable to NEE $ 1,183 $ (230) (b) $ 266 $ 1,219 $ 1,074 $ 655 (b) $ (33) $ 1,696 Nine Months Ended September 30, 2023 2022 FPL NEER (a) Corporate NEE FPL NEER (a) Corporate NEE (millions) Operating revenues $ 14,169 $ 7,016 $ 51 $ 21,236 $ 13,211 $ 1,627 $ (46) $ 14,792 Operating expenses – net $ 9,268 (c) $ 4,112 $ 290 $ 13,670 $ 9,060 (c) $ 3,712 $ 181 $ 12,953 Gains (losses) on disposal of businesses/assets – net $ 1 $ 6 $ 4 $ 11 $ 1 $ 208 $ (13) $ 196 Net loss attributable to noncontrolling interests $ — $ 733 $ — $ 733 $ — $ 646 $ — $ 646 Net income (loss) attributable to NEE $ 3,406 $ 2,672 (b) $ 22 $ 6,100 $ 2,939 $ (711) (b) $ 397 $ 2,625 ——————————————— (a) Interest expense allocated from NEECH to NextEra Energy Resources' subsidiaries 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 4 for a discussion of tax benefits related to PTCs. (c) FPL's income statement line for total operating expenses – net includes gains (losses) on disposal of businesses/assets – net. September 30, 2023 December 31, 2022 FPL NEER Corporate NEE FPL NEER Corporate NEE (millions) Total assets $ 91,069 $ 78,701 $ 1,904 $ 171,674 $ 86,559 $ 70,713 $ 1,663 $ 158,935

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net income attributable to NEE - basic	$ 1,219	$ 1,696	$ 6,100	$ 2,625

Insider Trading Arrangements

Insider Trading Arrangements	Sep. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Summary of Significant Accoun_2

Summary of Significant Accounting and Reporting Policies (Policies)	9 Months Ended
	Sep. 30, 2023
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 fuel 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 (losses) 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 substantially all recognized in net cash provided by operating activities in NEE's and FPL's condensed consolidated statements of cash flows.
Fair Value Measurements	Fair Value Measurements of Derivative Instruments – 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. 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. 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. Fair Value Measurement Alternative – NEE holds investments in equity securities without readily determinable fair values, which are initially recorded at cost, of approximately $514 million and $485 million at September 30, 2023 and December 31, 2022, respectively, and are included in noncurrent other assets on NEE's condensed consolidated balance sheets. Adjustments to carrying values are recorded as a result of observable price changes in transactions for identical or similar investments of the same issuer.
Rate Regulation, Policy	Rate Regulation – On September 28, 2023, the Florida Supreme Court ruled on the appeal of the FPSC’s final order regarding FPL’s 2021 rate agreement by Floridians Against Increased Rates, Inc. and, as a group, Florida Rising, Inc., Environmental Confederation of Southwest Florida, Inc. and League of United Latin American Citizens of Florida. The ruling remands the FPSC's order back to the FPSC. While management is unable to predict with certainty the eventual outcome, FPL believes the FPSC will maintain its determination in its revised order that the 2021 rate agreement is in the public interest and should remain intact.
Storm	Storm Cost Recovery – In March 2023, the FPSC approved FPL's request to begin recovering eligible storm costs, which are currently estimated at approximately $1.3 billion, primarily related to the surcharge for Hurricanes Ian and Nicole. The amount will be collected through an interim surcharge that will apply for a 12-month period that began April 2023 and will be subject to refund based on an FPSC prudence review.
Restricted Cash	Restricted Cash – At September 30, 2023 and December 31, 2022, NEE had approximately $1,210 million ($18 million for FPL) and $1,840 million ($33 million for FPL), respectively, of restricted cash, which is included in current other assets on NEE's and FPL's condensed consolidated balance sheets. Restricted cash is primarily related to debt service payments and margin cash collateral requirements at NEER and bond proceeds held for construction at FPL. In addition, where offsetting positions exist, restricted cash related to margin cash collateral of $1,056 million is netted against derivative liabilities at September 30, 2023 and $7 million is netted against derivative assets and $1,541 million is netted against derivative liabilities at December 31, 2022. See Note 2.
Disposal of Businesses/Assets and Sale of Noncontrolling Ownership Interests	Disposal of Businesses/Assets – On September 26, 2023, FPL entered into an agreement to sell its ownership interests in its Florida City Gas business (FCG) for a cash purchase price of approximately $923 million, subject to working capital and other adjustments. The transaction is expected to be completed over the next several months, pending the satisfaction of customary closing conditions. FPL anticipates recording a gain of approximately $0.4 billion ($0.3 billion after tax) when the transaction closes. The carrying amounts of the major classes of assets related to FCG classified as held for sale, which are included in current other assets on NEE’s and FPL’s condensed consolidated balance sheets, were approximately $616 million at September 30, 2023 and primarily represent property, plant and equipment. Liabilities associated with assets classified as held for sale, which are included in current other liabilities on NEE’s and FPL’s condensed consolidated balance sheets, were approximately $113 million at September 30, 2023 and primarily represent regulatory liabilities and finance lease liabilities. In June 2023, subsidiaries of NextEra Energy Resources completed the sale to a NEP subsidiary of their 100% ownership interests in five wind generation facilities and three solar generation facilities located in geographically diverse locations throughout the U.S. with a total generating capacity of 688 MW for cash proceeds of approximately $566 million, plus working capital of $32 million. In December 2022, subsidiaries of NextEra Energy Resources sold (i) a 49% controlling ownership interest in three wind generation facilities and one solar plus battery facility located in geographically diverse locations throughout the U.S. with a total generating capacity of 1,437 MW and 65 MW of battery storage capacity, two of which facilities were under construction with expected in service dates in 2023, and (ii) their 100% ownership interest in three wind generation facilities located in the Midwest region of the U.S. with a total generating capacity of 347 MW to a NEP subsidiary for cash proceeds of approximately $805 million, plus working capital and other adjustments of $8 million (subject to post-closing adjustments). NEER continued to consolidate one of the projects under construction for accounting purposes through March 2023 and the second project under construction through July 2023. A NextEra Energy Resources affiliate will continue to operate the facilities included in the sale. In connection with the two facilities under construction, approximately $251 million of cash received was recorded as contract liabilities, which is included in current other liabilities on NEE's condensed consolidated balance sheet at December 31, 2022. In 2023, the two facilities achieved commercial operations and approximately $251 million of contract liabilities were reversed and the sale of those facilities was recognized for accounting purposes. In addition, NextEra Energy Resources is responsible to pay for all construction costs related to the portfolio. At September 30, 2023 and December 31, 2022, approximately $196 million and $810 million, respectively, are included in accounts payable on NEE's condensed consolidated balance sheets and represent amounts owed by NextEra Energy Resources to NEP to reimburse NEP for construction costs. In September 2022, subsidiaries of NextEra Energy Resources sold to a NEP subsidiary a 67% controlling ownership interest in a battery storage facility in California with storage capacity of 230 MW, for cash proceeds of approximately $191 million, plus working capital and other adjustments of $2 million. A NextEra Energy Resources affiliate will continue to operate the facility included in the sale. In connection with the sale, a gain of approximately $87 million ($66 million after tax) was recorded in NEE's condensed consolidated statements of income for the three and nine months ended September 30, 2022 and is included in gains on disposal of businesses/assets – net.
Structured Payables	Structured Payables – Under NEE's structured payables program, subsidiaries of NEE issue negotiable drafts, backed by NEECH guarantees, to settle invoices with suppliers with payment terms that extend the original invoice due date (typically 30 days) to less than one year and include a service fee. At their discretion, the suppliers may assign the negotiable drafts and the rights under the NEECH guarantees to financial institutions. NEE and its subsidiaries are not party to any contractual agreements between their suppliers and the applicable financial institutions. At September 30, 2023 and December 31, 2022, NEE's outstanding obligations under its structured payables program were approximately $4.2 billion and $3.7 billion, respectively, substantially all of which is included in accounts payable on NEE's condensed consolidated balance sheets.
Income Tax, Policy	Income Taxes – For taxable years beginning after 2022, renewable energy tax credits generated during the taxable year can be transferred to an unrelated transferee for cash. Any tax credits transferred will be accounted for under Accounting Standards Codification 740 – Income Taxes . Proceeds resulting from the sales of PTCs and ITCs on NEE’s tax return will be reported in

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2023
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 September 30, 2023 and December 31, 2022, 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, as well as the location of the net derivative position on the condensed consolidated balance sheets. September 30, 2023 Level 1 Level 2 Level 3 Netting (a) Total (millions) Assets: NEE: Commodity contracts $ 2,511 $ 4,609 $ 1,765 $ (6,162) $ 2,723 Interest rate contracts $ — $ 1,031 $ — $ — 1,031 Foreign currency contracts $ — $ — $ — $ (17) (17) Total derivative assets $ 3,737 FPL – commodity contracts $ — $ 2 $ 21 $ (6) $ 17 Liabilities: NEE: Commodity contracts $ 4,052 $ 4,613 $ 1,074 $ (7,135) $ 2,604 Interest rate contracts $ — $ 15 $ — $ — 15 Foreign currency contracts $ — $ 62 $ — $ (17) 45 Total derivative liabilities $ 2,664 FPL – commodity contracts $ — $ 10 $ 14 $ (6) $ 18 Net fair value by NEE balance sheet line item: Current derivative assets (b) $ 1,659 Noncurrent derivative assets (c) 2,078 Total derivative assets $ 3,737 Current derivative liabilities (d) $ 788 Noncurrent derivative liabilities (e) 1,876 Total derivative liabilities $ 2,664 Net fair value by FPL balance sheet line item: Current other assets $ 9 Noncurrent other assets 8 Total derivative assets $ 17 Current other liabilities $ 9 Noncurrent other liabilities 9 Total derivative liabilities $ 18 ——————————————— (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 the 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) Reflects the netting of approximately $29 million in margin cash collateral received from counterparties. (c) Reflects the netting of approximately $55 million in margin cash collateral received from counterparties. (d) Reflects the netting of approximately $586 million in margin cash collateral paid to counterparties. (e) Reflects the netting of approximately $471 million in margin cash collateral paid to counterparties. December 31, 2022 Level 1 Level 2 Level 3 Netting (a) Total (millions) Assets: NEE: Commodity contracts $ 5,372 $ 7,559 $ 2,094 $ (12,030) $ 2,995 Interest rate contracts $ — $ 583 $ — $ (49) 534 Foreign currency contracts $ — $ — $ — $ (4) (4) Total derivative assets $ 3,525 FPL – commodity contracts $ — $ 11 $ 25 $ (7) $ 29 Liabilities: NEE: Commodity contracts $ 7,185 $ 7,620 $ 2,948 $ (13,010) $ 4,743 Interest rate contracts $ — $ 191 $ — $ (49) 142 Foreign currency contracts $ — $ 130 $ — $ (4) 126 Total derivative liabilities $ 5,011 FPL – commodity contracts $ — $ 4 $ 16 $ (7) $ 13 Net fair value by NEE balance sheet line item: Current derivative assets (b) $ 1,590 Noncurrent derivative assets (c) 1,935 Total derivative assets $ 3,525 Current derivative liabilities (d) $ 2,102 Noncurrent derivative liabilities (e) 2,909 Total derivative liabilities $ 5,011 Net fair value by FPL balance sheet line item: Current other assets $ 19 Noncurrent other assets 10 Total derivative assets $ 29 Current other liabilities $ 12 Noncurrent other liabilities 1 Total derivative liabilities $ 13 ——————————————— (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 the 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) Reflects the netting of approximately $299 million in margin cash collateral received from counterparties. (c) Reflects the netting of approximately $262 million in margin cash collateral received from counterparties. (d) Reflects the netting of approximately $328 million in margin cash collateral paid to counterparties. (e) Reflects the netting of approximately $1,213 million in margin cash collateral paid to counterparties.
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 September 30, 2023 are as follows: Fair Value at Valuation Significant Weighted- Transaction Type September 30, 2023 Technique(s) Unobservable Inputs Range average (a) Assets Liabilities (millions) Forward contracts – power $ 543 $ 482 Discounted cash flow Forward price (per MWh) $(6) — $166 $49 Forward contracts – gas 343 50 Discounted cash flow Forward price (per MMBtu) $1 — $15 $4 Forward contracts – congestion 70 34 Discounted cash flow Forward price (per MWh) $(20) — $30 $1 Options – power 44 9 Option models Implied correlations 49% — 63% 58% Implied volatilities 52% — 190% 110% Options – primarily gas 129 126 Option models Implied correlations 49% — 63% 58% Implied volatilities 18% — 140% 51% Full requirements and unit contingent contracts 481 280 Discounted cash flow Forward price (per MWh) $(2) — $427 $69 Customer migration rate (b) —% — 65% 6% Forward contracts – other 155 93 Total $ 1,765 $ 1,074 ——————————————— (a) Unobservable inputs were weighted by volume. (b) Applies only to full requirements contracts.
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation	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 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.
Reconciliation of changes in the fair value of derivatives 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 September 30, 2023 2022 NEE FPL NEE FPL (millions) Fair value of net derivatives based on significant unobservable inputs at June 30 $ 755 $ 13 $ (1,594) $ 83 Realized and unrealized gains (losses): Included in operating revenues 87 — (695) — Included in regulatory assets and liabilities (2) (2) 92 92 Purchases 27 — 90 — Settlements (320) (6) 482 (154) Issuances (18) — (57) — Transfers in (a) (61) — — — Transfers out (a) 223 2 6 — Fair value of net derivatives based on significant unobservable inputs at September 30 $ 691 $ 7 $ (1,676) $ 21 Gains (losses) included in operating revenues attributable to the change in unrealized gains (losses) relating to derivatives held at the reporting date $ 85 $ — $ (446) $ — ——————————————— (a) Transfers into Level 3 were a result of decreased observability of market data. Transfers from Level 3 to Level 2 were a result of increased observability of market data. Nine Months Ended September 30, 2023 2022 NEE FPL NEE FPL (millions) Fair value of net derivatives based on significant unobservable inputs at December 31 of prior period $ (854) $ 9 $ 170 $ 8 Realized and unrealized gains (losses): Included in operating revenues 2,114 — (3,215) — Included in regulatory assets and liabilities 5 5 161 161 Purchases 356 — 469 — Settlements (1,045) (9) 1,043 (148) Issuances (119) — (289) — Transfers in (a) (46) — — — Transfers out (a) 280 2 (15) — Fair value of net derivatives based on significant unobservable inputs at September 30 $ 691 $ 7 $ (1,676) $ 21 Gains (losses) included in operating revenues attributable to the change in unrealized gains (losses) relating to derivatives held at the reporting date $ 994 $ — $ (2,081) $ — ———————————————
Net notional volumes	NEE and FPL had derivative commodity contracts for the following net notional volumes: September 30, 2023 December 31, 2022 Commodity Type NEE FPL NEE FPL (millions) Power (127) MWh — (104) MWh — Natural gas (1,297) MMBtu 793 MMBtu (1,307) MMBtu 258 MMBtu Oil (43) barrels — (38) barrels —
Not Designated as Hedging Instrument
Derivative [Line Items]
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 September 30, Nine Months Ended September 30, 2023 2022 2023 2022 (millions) Commodity contracts (a) – operating revenues (including $362 unrealized losses, $10 unrealized losses, $1,794 unrealized gains and $2,942 unrealized losses, respectively) $ (318) $ (122) $ 1,595 $ (3,488) Foreign currency contracts – interest expense (including $5 unrealized losses, $32 unrealized losses, $66 unrealized gains and $113 unrealized losses, respectively) (6) (36) (73) (121) Interest rate contracts – interest expense (including $658 unrealized gains, $16 unrealized gains, $634 unrealized gains and $1,131 unrealized gains, respectively) 766 236 915 1,321 Losses reclassified from AOCI to interest expense: Interest rate contracts — — — (5) Foreign currency contracts (1) (1) (2) (2) Total $ 441 $ 77 $ 2,435 $ (2,295) ——————————————— (a) For the three and nine months ended September 30, 2023, FPL recorded approximately $2 million of gains and $7 million of losses, respectively, related to commodity contracts as regulatory liabilities and regulatory assets on its condensed consolidated balance sheets. For the three and nine months ended September 30, 2022, FPL recorded gains of approximately $131 million and $110 million, respectively, related to commodity contracts as regulatory liabilities on its condensed consolidated balance sheets.

Non-Derivative Fair Value Mea_2

Non-Derivative Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Financial assets and liabilities and other fair value measurements	NEE's and FPL's financial assets and other fair value measurements made on a recurring basis by fair value hierarchy level are as follows: September 30, 2023 Level 1 Level 2 Level 3 Total (millions) Assets: Cash equivalents and restricted cash equivalents: (a) NEE – equity securities $ 677 $ — $ — $ 677 FPL – equity securities $ 36 $ — $ — $ 36 Special use funds: (b) NEE: Equity securities $ 2,237 $ 2,520 (c) $ — $ 4,757 U.S. Government and municipal bonds $ 699 $ 43 $ — $ 742 Corporate debt securities $ — $ 554 $ — $ 554 Asset-backed securities $ — $ 775 $ — $ 775 Other debt securities $ — $ 12 $ — $ 12 FPL: Equity securities $ 903 $ 2,280 (c) $ — $ 3,183 U.S. Government and municipal bonds $ 572 $ 15 $ — $ 587 Corporate debt securities $ — $ 389 $ — $ 389 Asset-backed securities $ — $ 582 $ — $ 582 Other debt securities $ — $ 5 $ — $ 5 Other investments: (d) NEE: Equity securities $ 49 $ — $ — $ 49 U.S. Government and municipal bonds $ 291 $ 265 $ — $ 556 Corporate debt securities $ — $ 358 $ 114 $ 472 Other debt securities $ — $ 190 $ 15 $ 205 FPL: Equity securities $ 9 — $ — $ 9 Debt securities $ — $ 262 $ — $ 262 ——————————————— (a) Includes restricted cash equivalents of approximately $20 million ($11 million for FPL) in current other assets on the condensed consolidated balance sheets. (b) 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. (c) Primarily invested in commingled funds whose underlying securities would be Level 1 if those securities were held directly by NEE or FPL. (d) Included in noncurrent other assets on NEE's and FPL's condensed consolidated balance sheets. December 31, 2022 Level 1 Level 2 Level 3 Total (millions) Assets: Cash equivalents and restricted cash equivalents: (a) NEE – equity securities $ 961 $ — $ — $ 961 FPL – equity securities $ 36 $ — $ — $ 36 Special use funds: (b) NEE: Equity securities $ 2,062 $ 2,375 (c) $ — $ 4,437 U.S. Government and municipal bonds $ 641 $ 63 $ — $ 704 Corporate debt securities $ 6 $ 716 $ — $ 722 Asset-backed securities $ — $ 615 $ — $ 615 Other debt securities $ 1 $ 19 $ — $ 20 FPL: Equity securities $ 743 $ 2,162 (c) $ — $ 2,905 U.S. Government and municipal bonds $ 505 $ 29 $ — $ 534 Corporate debt securities $ 6 $ 547 $ — $ 553 Asset-backed securities $ — $ 473 $ — $ 473 Other debt securities $ 1 $ 11 $ — $ 12 Other investments: (d) NEE: Equity securities $ 30 $ 1 $ — $ 31 U.S. Government and municipal bonds $ 117 $ 118 $ — $ 235 Corporate debt securities $ — $ 125 $ 108 $ 233 Other debt securities $ — $ 57 $ 10 $ 67 FPL: Equity securities $ 9 $ — $ — $ 9 Debt securities $ — $ 114 $ — $ 114 ——————————————— (a) Includes restricted cash equivalents of approximately $69 million ($33 million for FPL) in current other assets on the condensed consolidated balance sheets. (b) 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. (c) Primarily invested in commingled funds whose underlying securities would be Level 1 if those securities were held directly by NEE or FPL. (d) Included in noncurrent other assets on 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 September 30, 2023 are as follows: Fair Value at Valuation Significant Weighted- Transaction Type September 30, 2023 Technique(s) Unobservable Inputs Range average (a) Assets Liabilities (millions) Forward contracts – power $ 543 $ 482 Discounted cash flow Forward price (per MWh) $(6) — $166 $49 Forward contracts – gas 343 50 Discounted cash flow Forward price (per MMBtu) $1 — $15 $4 Forward contracts – congestion 70 34 Discounted cash flow Forward price (per MWh) $(20) — $30 $1 Options – power 44 9 Option models Implied correlations 49% — 63% 58% Implied volatilities 52% — 190% 110% Options – primarily gas 129 126 Option models Implied correlations 49% — 63% 58% Implied volatilities 18% — 140% 51% Full requirements and unit contingent contracts 481 280 Discounted cash flow Forward price (per MWh) $(2) — $427 $69 Customer migration rate (b) —% — 65% 6% Forward contracts – other 155 93 Total $ 1,765 $ 1,074 ——————————————— (a) Unobservable inputs were weighted by volume. (b) Applies only to full requirements contracts.
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: September 30, 2023 December 31, 2022 Carrying Estimated Carrying Estimated (millions) NEE: Special use funds (a) $ 1,181 $ 1,181 $ 998 $ 999 Other receivables, net of allowances (b) $ 696 $ 696 $ 246 $ 246 Long-term debt, including current portion $ 67,162 $ 60,952 (c) $ 61,889 $ 57,892 (c) FPL: Special use funds (a) $ 850 $ 850 $ 744 $ 744 Long-term debt, including current portion $ 24,889 $ 22,275 (c) $ 21,002 $ 19,364 (c) ——————————————— (a) Primarily represents investments accounted for under the equity method and loans not measured at fair value on a recurring basis (Level 2). (b) Approximately $475 million and $25 million is included in current other assets and $221 million and $221 million is included in noncurrent other assets on NEE's condensed consolidated balance sheets at September 30, 2023 and December 31, 2022, respectively (primarily Level 3). (c) At September 30, 2023 and December 31, 2022, substantially all is Level 2 for NEE and FPL.
Unrealized Gains (Losses) Recognized On Equity Securities Still Held at The Reporting Date	Unrealized gains (losses) recognized on equity securities held at September 30, 2023 and 2022 are as follows: NEE FPL Three Months Ended September 30, Nine Months Ended September 30, Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 2023 2022 2023 2022 (millions) Unrealized gains (losses) $ (180) $ (222) $ 396 $ (1,317) $ (114) $ (135) $ 279 $ (857)
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 September 30, Nine Months Ended September 30, Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 2023 2022 2023 2022 (millions) Realized gains $ 12 $ 8 $ 31 $ 26 $ 11 $ 6 $ 27 $ 20 Realized losses $ 64 $ 41 $ 140 $ 100 $ 60 $ 36 $ 122 $ 79 Proceeds from sale or maturity of securities $ 781 $ 681 $ 1,801 $ 1,901 $ 688 $ 324 $ 1,428 $ 1,001 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 September 30, 2023 December 31, 2022 September 30, 2023 December 31, 2022 (millions) Unrealized gains $ 5 $ 4 $ 4 $ 3 Unrealized losses (a) $ 260 $ 285 $ 152 $ 193 Fair value $ 2,797 $ 2,315 $ 1,480 $ 1,466 ——————————————— (a) Unrealized losses on available for sale debt securities in an unrealized loss position for greater than twelve months at September 30, 2023 and December 31, 2022 were not material to NEE or FPL.

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2023
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 NEE FPL Three Months Ended September 30, Three Months Ended September 30, Nine Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 2023 2022 2023 2022 Statutory federal income tax rate 21.0 % 21.0 % 21.0 % 21.0 % 21.0 % 21.0 % 21.0 % 21.0 % Increases (reductions) resulting from: State income taxes – net of federal income tax benefit (4.5) 1.7 4.4 4.5 1.5 1.3 4.3 4.4 Taxes attributable to noncontrolling interests 6.8 2.6 — — 3.0 6.8 — — PTCs and ITCs (21.1) (4.7) (2.3) (1.9) (8.7) (9.4) (2.0) (1.1) Amortization of deferred regulatory credit (5.0) (2.9) (3.3) (4.1) (2.4) (6.7) (3.5) (4.0) Other – net (1.9) (0.5) (0.3) 0.1 (0.9) (1.5) (0.3) 0.1 Effective income tax rate (4.7) % 17.2 % 19.5 % 19.6 % 13.5 % 11.5 % 19.5 % 20.4 %

Employee Retirement Benefits (T

Employee Retirement Benefits (Tables)	9 Months Ended
	Sep. 30, 2023
Retirement Benefits [Abstract]
Net periodic benefit (income) cost	The components of net periodic cost (income) for the plans are as follows: Pension Benefits Postretirement Benefits Pension Benefits Postretirement Benefits Three Months Ended September 30, Three Months Ended September 30, Nine Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 2023 2022 2023 2022 (millions) Service cost $ 16 $ 21 $ — $ — $ 48 $ 64 $ 1 $ 1 Interest cost 33 19 3 2 99 58 7 4 Expected return on plan assets (98) (90) — — (294) (271) — — Amortization of actuarial loss — — — 1 — — — 2 Amortization of prior service benefit — — — (1) — (1) — (3) Special termination benefits (a) — — — — — 52 — — Net periodic cost (income) at NEE $ (49) $ (50) $ 3 $ 2 $ (147) $ (98) $ 8 $ 4 Net periodic cost (income) allocated to FPL $ (32) $ (33) $ 2 $ 1 $ (96) $ (60) $ 6 $ 3

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Long-term debt issuances and borrowings	Significant long-term debt issuances and borrowings during the nine months ended September 30, 2023 were as follows: Principal Amount Interest Rate Maturity Date (millions) FPL: First mortgage bonds $ 4,500 4.40 % – 5.30 % 2028 – 2053 Senior unsecured notes $ 500 4.45 % 2026 Senior unsecured notes $ 486 Variable (a) 2073 NEECH: Debentures $ 4,000 4.90 % – 5.25 % 2028 – 2053 NEER: NEET – long term debt $ 317 4.86 % 2053 ——————————————— (a) Variable rate is based on an underlying index minus a specified margin.

Equity (Tables)

Equity (Tables)	9 Months Ended
	Sep. 30, 2023
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 September 30, Nine Months Ended September 30, 2023 2022 2023 2022 (millions, except per share amounts) Numerator – net income attributable to NEE $ 1,219 $ 1,696 $ 6,100 $ 2,625 Denominator: Weighted-average number of common shares outstanding – basic 2,031.3 1,972.5 2,017.8 1,967.5 Equity units, stock options, performance share awards and restricted stock (a) 4.9 6.4 5.2 6.1 Weighted-average number of common shares outstanding – assuming dilution 2,036.2 1,978.9 2,023.0 1,973.6 Earnings per share attributable to NEE: Basic $ 0.60 $ 0.86 $ 3.02 $ 1.33 Assuming dilution $ 0.60 $ 0.86 $ 3.02 $ 1.33 ——————————————— (a) 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 Related to Equity Method Investees Total (millions) Three Months Ended September 30, 2023 Balances, June 30, 2023 $ 21 $ (63) $ (100) $ (64) $ 6 $ (200) Other comprehensive income (loss) before reclassifications — (19) — (15) — (34) Amounts reclassified from AOCI — 2 (a) — — — 2 Net other comprehensive income (loss) — (17) — (15) — (32) Less other comprehensive loss attributable to noncontrolling interests — — — 5 — 5 Balances, September 30, 2023 $ 21 $ (80) $ (100) $ (74) $ 6 $ (227) Attributable to noncontrolling interests $ — $ — $ — $ (15) $ — $ (15) (17) ——————————————— (a) Reclassified to gains on disposal of investments and other property – net in NEE's condensed consolidated statements of income. 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 Related to Equity Method Investees Total (millions) Nine Months Ended September 30, 2023 Balances, December 31, 2022 $ 20 $ (69) $ (101) $ (74) $ 6 $ (218) Other comprehensive income (loss) before reclassifications — (20) — (2) — (22) Amounts reclassified from AOCI 1 (a) 9 (b) 1 — — 11 Net other comprehensive income 1 (11) 1 (2) — (11) Less other comprehensive loss attributable to noncontrolling interests — — — 2 — 2 Balances, September 30, 2023 $ 21 $ (80) $ (100) $ (74) $ 6 $ (227) Attributable to noncontrolling interests $ — $ — $ — $ (15) $ — $ (15) ——————————————— (a) Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 2 – 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. 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 Related to Equity Method Investees Total (millions) Three Months Ended September 30, 2022 Balances, June 30, 2022 $ 19 $ (53) $ 25 $ (55) $ 5 $ (59) Other comprehensive income (loss) before reclassifications — (31) — (49) 1 (79) Amounts reclassified from AOCI — 1 (a) — — — 1 Net other comprehensive income (loss) — (30) — (49) 1 (78) Less other comprehensive loss attributable to noncontrolling interests — — — 23 — 23 Balances, September 30, 2022 $ 19 $ (83) $ 25 $ (81) $ 6 $ (114) Attributable to noncontrolling interests $ — $ — $ — $ (21) $ — $ (21) ——————————————— (a) Reclassified to gains on disposal of investments and other property – net in NEE's condensed consolidated statements of income. 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 Related to Equity Method Investees Total (millions) Nine Months Ended September 30, 2022 Balances, December 31, 2021 $ 14 $ 5 $ 25 $ (49) $ 5 $ — Other comprehensive income (loss) before reclassifications — (91) — (58) 1 (148) Amounts reclassified from AOCI 5 (a) 3 (b) — — — 8 Net other comprehensive income (loss) 5 (88) — (58) 1 (140) Less other comprehensive loss attributable to noncontrolling interests — — — 26 — 26 Balances, September 30, 2022 $ 19 $ (83) $ 25 $ (81) $ 6 $ (114) Attributable to noncontrolling interests $ — $ — $ — $ (21) $ — $ (21) ——————————————— (a) Reclassified to interest expense in NEE's condensed consolidated statements of income. See Note 2 – 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.

Summary of Significant Accoun_3

Summary of Significant Accounting and Reporting Policies (Tables)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Property, Plant and Equipment	Property Plant and Equipment – Property, plant and equipment consists of the following: NEE FPL September 30, 2023 December 31, 2022 September 30, 2023 December 31, 2022 (millions) Electric plant in service and other property $ 133,184 $ 124,963 $ 78,282 $ 74,353 Nuclear fuel 1,497 1,684 1,069 1,190 Construction work in progress 18,899 15,675 7,801 7,026 Property, plant and equipment, gross 153,580 142,322 87,152 82,569 Accumulated depreciation and amortization (32,697) (31,263) (18,298) (17,876) Property, plant and equipment – net $ 120,883 $ 111,059 $ 68,854 $ 64,693

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies [Abstract]
Schedule of Planned Capital Expenditures	At September 30, 2023, estimated capital expenditures, on an accrual basis, for the remainder of 2023 through 2027 were as follows: Remainder of 2023 2024 2025 2026 2027 Total (millions) FPL: Generation: (a) New (b) $ 645 $ 2,390 $ 2,750 $ 3,665 $ 3,195 $ 12,645 Existing 390 1,350 1,025 1,330 1,465 5,560 Transmission and distribution (c) 790 3,410 3,415 3,160 3,415 14,190 Nuclear fuel 115 145 200 295 300 1,055 General and other 255 510 590 465 585 2,405 Total $ 2,195 $ 7,805 $ 7,980 $ 8,915 $ 8,960 $ 35,855 NEER: (d) Wind (e) $ 1,355 $ 2,135 $ 535 $ 85 $ 95 $ 4,205 Solar (f) 1,225 2,225 1,210 10 5 4,675 Other clean energy (g) 605 730 390 70 70 1,865 Nuclear, including nuclear fuel 85 265 245 210 295 1,100 Rate-regulated transmission (h) 230 700 1,180 835 20 2,965 Other (i) 500 625 205 220 245 1,795 Total $ 4,000 $ 6,680 $ 3,765 $ 1,430 $ 730 $ 16,605 ——————————————— (a) Includes AFUDC of approximately $40 million, $110 million, $75 million, $120 million and $115 million for the remainder of 2023 through 2027, respectively. (b) Includes land, generation structures, transmission interconnection and integration and licensing. (c) Includes AFUDC of approximately $15 million, $50 million, $50 million, $30 million and $30 million for the remainder of 2023 through 2027, respectively. (d) Represents capital expenditures for which applicable internal approvals and also, if required, regulatory approvals have been received. (e) Consists of capital expenditures for new wind projects and repowering of existing wind projects totaling approximately 3,730 MW, and related transmission. (f) Includes capital expenditures for new solar projects (including solar plus battery storage projects) totaling approximately 6,565 MW and related transmission. (g) Includes capital expenditures primarily for battery storage projects and renewable fuels projects. (h) Includes AFUDC of approximately $5 million, $30 million, $90 million, $125 million and $5 million for the remainder of 2023 through 2027, respectively. (i) Includes equity contributions in
Required capacity and/or minimum payments under contracts	The required capacity and/or minimum payments under contracts, including those discussed above, at September 30, 2023 were estimated as follows: Remainder of 2023 2024 2025 2026 2027 Thereafter (millions) FPL (a) $ 275 $ 1,070 $ 1,075 $ 1,075 $ 970 $ 8,565 NEER (b)(c)(d) $ 2,505 $ 3,260 $ 285 $ 165 $ 150 $ 1,690 ——————————————— (a) Includes approximately $105 million, $410 million, $405 million, $400 million, $400 million and $5,560 million for the remainder of 2023 through 2027 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. For the three and nine months ended September 30, 2023, the charges associated with these agreements totaled approximately $104 million and $314 million, respectively, of which $25 million and $74 million, respectively, were eliminated in consolidation at NEE. For the three and nine months ended September 30, 2022, the charges associated with these agreements totaled approximately $104 million and $314 million, respectively, of which $26 million and $77 million, respectively, were eliminated in consolidation at NEE. (b) Includes equity contributions in 2023 and 2024 and a 20-year natural gas transportation agreement (approximately $70 million per year) with Mountain Valley Pipeline, a joint venture in which NEER has a 32.2% equity investment, that is constructing a natural gas pipeline. The transportation agreement commitments are subject to the completion of construction. (c) Includes approximately $235 million of commitments to invest in technology and other investments through 2031. See Note 7 – Other. (d) Includes approximately $565 million, $1,385 million, $5 million, $5 million, $0 million and $0 million for the remainder of 2023 through 2027 and thereafter, respectively, of joint obligations of NEECH and NEER.

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Segment information	NEE's segment information is as follows: Three Months Ended September 30, 2023 2022 FPL NEER (a) Corporate and Other NEE FPL NEER (a) Corporate NEE (millions) Operating revenues $ 5,475 $ 1,669 $ 28 $ 7,172 $ 5,075 $ 1,652 $ (8) $ 6,719 Operating expenses – net $ 3,770 $ 1,470 $ 103 $ 5,343 $ 3,568 $ 1,341 $ 119 $ 5,028 Gains (losses) on disposal of businesses/assets – net $ — $ 8 $ (1) $ 7 $ — $ 173 $ (2) $ 171 Net loss attributable to noncontrolling interests $ — $ 200 $ — $ 200 $ — $ 137 $ — $ 137 Net income (loss) attributable to NEE $ 1,183 $ (230) (b) $ 266 $ 1,219 $ 1,074 $ 655 (b) $ (33) $ 1,696 Nine Months Ended September 30, 2023 2022 FPL NEER (a) Corporate NEE FPL NEER (a) Corporate NEE (millions) Operating revenues $ 14,169 $ 7,016 $ 51 $ 21,236 $ 13,211 $ 1,627 $ (46) $ 14,792 Operating expenses – net $ 9,268 (c) $ 4,112 $ 290 $ 13,670 $ 9,060 (c) $ 3,712 $ 181 $ 12,953 Gains (losses) on disposal of businesses/assets – net $ 1 $ 6 $ 4 $ 11 $ 1 $ 208 $ (13) $ 196 Net loss attributable to noncontrolling interests $ — $ 733 $ — $ 733 $ — $ 646 $ — $ 646 Net income (loss) attributable to NEE $ 3,406 $ 2,672 (b) $ 22 $ 6,100 $ 2,939 $ (711) (b) $ 397 $ 2,625 ——————————————— (a) Interest expense allocated from NEECH to NextEra Energy Resources' subsidiaries 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 4 for a discussion of tax benefits related to PTCs. (c) FPL's income statement line for total operating expenses – net includes gains (losses) on disposal of businesses/assets – net. September 30, 2023 December 31, 2022 FPL NEER Corporate NEE FPL NEER Corporate NEE (millions) Total assets $ 91,069 $ 78,701 $ 1,904 $ 171,674 $ 86,559 $ 70,713 $ 1,663 $ 158,935

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	$ 7,200	$ 6,400	$ 19,200	$ 17,400
Florida Power & Light Company
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	5,500	$ 5,100	14,100	$ 13,200
Unbilled revenues	773		773		$ 661
Revenue, remaining performance obligation	365		365
NEER Segment
Disaggregation of Revenue [Line Items]
Revenue, remaining performance obligation	$ 1,200		$ 1,200
Revenue Benchmark [Member] | Florida Power & Light Company | Customer Concentration Risk | Retail Customers
Disaggregation of Revenue [Line Items]
Concentration risk, percentage			90%

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Derivative [Line Items]
Margin cash collateral received from counterparties that was not offset against derivative assets	$ 25,000,000	$ 106,000,000
Margin cash collateral provided to counterparties that was not offset against derivative assets or liabilities	132,000,000	268,000,000
Florida Power & Light Company
Derivative [Line Items]
Margin cash collateral received from counterparties that was not offset against derivative assets	0	0
Margin cash collateral provided to counterparties that was not offset against derivative assets or liabilities	$ 0	$ 0

Derivative Instruments (Balance

Derivative Instruments (Balance Sheet Disclosure) (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Derivatives, Fair Value [Line Items]
Derivative assets	$ 3,737	$ 3,525
Derivative Asset, Current	1,659	1,590
Derivative Asset, Noncurrent	$ 2,078	$ 1,935
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration]	Other assets, current	Other assets, current
Derivative Asset, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other	Other
Derivative liability	$ 2,664	$ 5,011
Derivative Liability, Current	788	2,102
Derivative Liability, Noncurrent	$ 1,876	$ 2,909
Derivative Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Current	Other Liabilities, Current
Derivative Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Noncurrent	Other Liabilities, Noncurrent
Current Derivative Assets
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Offset Against Collateral	$ 29	$ 299
Non Current Derivative Assets
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Offset Against Collateral	55	262
Current derivative liabilities
Derivatives, Fair Value [Line Items]
Derivative Liability, Collateral, Right to Reclaim Cash, Offset	586	328
Non Current derivative liabilities
Derivatives, Fair Value [Line Items]
Derivative Liability, Collateral, Right to Reclaim Cash, Offset	471	1,213
Commodity contracts | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	2,723	2,995
Derivative liability	2,604	4,743
Derivative asset, netting	(6,162)	(12,030)
Derivative liability, netting	(7,135)	(13,010)
Commodity contracts | Level 1 | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Gross Asset	2,511	5,372
Derivative Liability, Gross Liability	4,052	7,185
Commodity contracts | Level 2 | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Gross Asset	4,609	7,559
Derivative Liability, Gross Liability	4,613	7,620
Commodity contracts | Level 3 | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Gross Asset	1,765	2,094
Derivative Liability, Gross Liability	1,074	2,948
Interest rate contracts | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	1,031	534
Derivative liability	15	142
Derivative asset, netting	0	(49)
Derivative liability, netting	0	(49)
Interest rate contracts | Level 1 | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Gross Asset	0	0
Derivative Liability, Gross Liability	0	0
Interest rate contracts | Level 2 | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Gross Asset	1,031	583
Derivative Liability, Gross Liability	15	191
Interest rate contracts | Level 3 | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Gross Asset	0	0
Derivative Liability, Gross Liability	0	0
Foreign currency contracts | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	(17)	(4)
Derivative liability	45	126
Derivative asset, netting	(17)	(4)
Derivative liability, netting	(17)	(4)
Foreign currency contracts | Level 1 | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Gross Asset	0	0
Derivative Liability, Gross Liability	0	0
Foreign currency contracts | Level 2 | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Gross Asset	0	0
Derivative Liability, Gross Liability	62	130
Foreign currency contracts | Level 3 | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Gross Asset	0	0
Derivative Liability, Gross Liability	0	0
Florida Power & Light Company
Derivatives, Fair Value [Line Items]
Derivative assets	17	29
Derivative Asset, Current	9	19
Derivative Asset, Noncurrent	8	10
Derivative liability	18	13
Derivative Liability, Current	9	12
Derivative Liability, Noncurrent	9	1
Florida Power & Light Company | Commodity contracts | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	17	29
Derivative liability	18	13
Derivative asset, netting	(6)	(7)
Derivative liability, netting	(6)	(7)
Florida Power & Light Company | Commodity contracts | Level 1 | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Gross Asset	0	0
Derivative Liability, Gross Liability	0	0
Florida Power & Light Company | Commodity contracts | Level 2 | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement, Net Of Adjustments	2
Derivative Asset, Gross Asset		11
Derivative Liability, Gross Liability	10	4
Florida Power & Light Company | Commodity contracts | Level 3 | Fair value measurements made on a recurring basis [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Gross Asset	21	25
Derivative Liability, Gross Liability	$ 14	$ 16

Derivative Instruments (Signifi

Derivative Instruments (Significant Unobservable Inputs) (Details) - Level 3	9 Months Ended
	Sep. 30, 2023 USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets, Fair Value Disclosure	$ 1,765,000,000
Financial and Nonfinancial Liabilities, Fair Value Disclosure	1,074,000,000
Forward Contracts - Power [Member] | Forward Contracts - Power [Member] | Forward Price [Member] | Maximum | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	166
Forward Contracts - Power [Member] | Forward Contracts - Power [Member] | Forward Price [Member] | Minimum | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	(6)
Forward Contracts - Power [Member] | Forward Contracts - Power [Member] | Forward Price [Member] | Weighted Average [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	49
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	543,000,000
Forward contracts - Gas [Member] | Forward contracts - Gas [Member] | Forward Price [Member] | Maximum | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	15
Forward contracts - Gas [Member] | Forward contracts - Gas [Member] | Forward Price [Member] | Minimum | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	1
Forward contracts - Gas [Member] | Forward contracts - Gas [Member] | Forward Price [Member] | Weighted Average [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	4
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	343,000,000
Forward contracts - Congestion [Member] | Forward contracts - Congestion [Member] | Forward Price [Member] | Maximum | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	30
Forward contracts - Congestion [Member] | Forward contracts - Congestion [Member] | Forward Price [Member] | Minimum | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	(20)
Forward contracts - Congestion [Member] | Forward contracts - Congestion [Member] | Forward Price [Member] | Weighted Average [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	1
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	$ 70,000,000
Option Contracts, Power [Member] | Option Contracts, Power [Member] | Implied Correlations [Member] | Maximum | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	63%
Option Contracts, Power [Member] | Option Contracts, Power [Member] | Implied Correlations [Member] | Minimum | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	49%
Option Contracts, Power [Member] | Option Contracts, Power [Member] | Implied Correlations [Member] | Weighted Average [Member] | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	58%
Option Contracts, Power [Member] | Option Contracts, Power [Member] | Implied Volatilities [Member] | Maximum | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	190%
Option Contracts, Power [Member] | Option Contracts, Power [Member] | Implied Volatilities [Member] | Minimum | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	52%
Option Contracts, Power [Member] | Option Contracts, Power [Member] | Implied Volatilities [Member] | Weighted Average [Member] | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	110%
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	$ 44,000,000
Option Contracts, Primarily Gas [Member] | Option Contracts, Gas [Member] | Implied Correlations [Member] | Maximum | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	63%
Option Contracts, Primarily Gas [Member] | Option Contracts, Gas [Member] | Implied Correlations [Member] | Minimum | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	49%
Option Contracts, Primarily Gas [Member] | Option Contracts, Gas [Member] | Implied Correlations [Member] | Weighted Average [Member] | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	58%
Option Contracts, Primarily Gas [Member] | Option Contracts, Gas [Member] | Implied Volatilities [Member] | Maximum | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	140%
Option Contracts, Primarily Gas [Member] | Option Contracts, Gas [Member] | Implied Volatilities [Member] | Minimum | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	18%
Option Contracts, Primarily Gas [Member] | Option Contracts, Gas [Member] | Implied Volatilities [Member] | Weighted Average [Member] | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	51%
Option Contracts, Primarily Gas [Member] | Derivative Financial Instruments, Assets [Member] | Option Contracts, Gas [Member] | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets, Fair Value Disclosure	$ 129,000,000
Full Requirements and Unit Contingent Contracts [Member] | Full Requirements and Unit Contingent Contracts [Member] | Forward Price [Member] | Maximum | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	427
Full Requirements and Unit Contingent Contracts [Member] | Full Requirements and Unit Contingent Contracts [Member] | Forward Price [Member] | Minimum | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	(2)
Full Requirements and Unit Contingent Contracts [Member] | Full Requirements and Unit Contingent Contracts [Member] | Forward Price [Member] | Weighted Average [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Forward price (in dollars per energy unit)	$ 69
Full Requirements and Unit Contingent Contracts [Member] | Full Requirements and Unit Contingent Contracts [Member] | Customer Migration Rate [Member] | Maximum | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	65%
Full Requirements and Unit Contingent Contracts [Member] | Full Requirements and Unit Contingent Contracts [Member] | Customer Migration Rate [Member] | Minimum | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	0%
Full Requirements and Unit Contingent Contracts [Member] | Full Requirements and Unit Contingent Contracts [Member] | Customer Migration Rate [Member] | Weighted Average [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Inputs, Expected Rates	6%
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	$ 481,000,000
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	155,000,000
Derivative Financial Instruments, Liabilities [Member] | Forward Contracts - Power [Member] | Forward Contracts - Power [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	482,000,000
Derivative Financial Instruments, Liabilities [Member] | Forward contracts - Gas [Member] | Forward contracts - Gas [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	50,000,000
Derivative Financial Instruments, Liabilities [Member] | Forward contracts - Congestion [Member] | Forward contracts - Congestion [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	34,000,000
Derivative Financial Instruments, Liabilities [Member] | Option Contracts, Power [Member] | Option Contracts, Power [Member] | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	9,000,000
Derivative Financial Instruments, Liabilities [Member] | Option Contracts, Primarily Gas [Member] | Option Contracts, Gas [Member] | Option Models [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	126,000,000
Derivative Financial Instruments, Liabilities [Member] | Full Requirements and Unit Contingent Contracts [Member] | Full Requirements and Unit Contingent Contracts [Member] | Discounted Cash Flow Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	280,000,000
Derivative Financial Instruments, Liabilities [Member] | Forward contracts - Other [Member] [Member] | Forward contracts - Other [Member] [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ 93,000,000

Derivative Instruments (Reconci

Derivative Instruments (Reconciliation of Changes in the Fair Value) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Realized and unrealized gains (losses): [Abstract]
Fair value based on significant unobservable inputs, ending balance	$ 691	$ (1,676)	$ 691	$ (1,676)
Derivative Financial Instruments, Net [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value based on significant unobservable inputs, beginning balance	755	(1,594)	(854)	170
Realized and unrealized gains (losses): [Abstract]
Included in operating revenues	87	(695)	2,114	(3,215)
Included in regulatory assets and liabilities	(2)	92	5	161
Purchases	27	90	356	469
Settlements	(320)	482	(1,045)	1,043
Issuances	(18)	(57)	(119)	(289)
Transfers out	223	6	280	(15)
Gains (losses) included in operating revenues attributable to the change in unrealized gains (losses) relating to derivatives held at the reporting date	85	(446)	994	(2,081)
Transfers in	(61)	0	(46)	0
Florida Power & Light Company
Realized and unrealized gains (losses): [Abstract]
Fair value based on significant unobservable inputs, ending balance	7	21	7	21
Florida Power & Light Company | Derivative Financial Instruments, Net [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value based on significant unobservable inputs, beginning balance	13	83	9	8
Realized and unrealized gains (losses): [Abstract]
Included in operating revenues	0	0	0	0
Included in regulatory assets and liabilities	(2)	92	5	161
Purchases	0	0	0	0
Settlements	(6)	(154)	(9)	(148)
Issuances	0	0	0	0
Transfers out	2	0	2	0
Gains (losses) included in operating revenues attributable to the change in unrealized gains (losses) relating to derivatives held at the reporting date	0	0	0	0
Transfers in	0	$ 0	0	$ 0
Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ 1,074		$ 1,074

Derivative Instruments (Income

Derivative Instruments (Income Statement Disclosure) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Florida Power & Light Company
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	$ 2	$ 131	$ (7)	$ 110
Not Designated as Hedging Instrument
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	441	77	2,435	(2,295)
Not Designated as Hedging Instrument | Commodity contracts | Gains (losses) included in operating revenues [Member]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Unrealized Gain (Loss) on Derivatives	(362)	(10)	1,794	(2,942)
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(318)	(122)	1,595	(3,488)
Not Designated as Hedging Instrument | Foreign Exchange Contract | Gains (Losses) Included In Interest Expense Member
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Unrealized Gain (Loss) on Derivatives	(5)	(32)	66	(113)
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(6)	(36)	(73)	(121)
Not Designated as Hedging Instrument | Interest rate contracts | Gains (Losses) Included In Interest Expense Member
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Unrealized Gain (Loss) on Derivatives	658	16	634	1,131
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	766	236	915	1,321
Reclassification out of Accumulated Other Comprehensive Income | Not Designated as Hedging Instrument | Foreign Exchange Contract | Gains (Losses) Included In Interest Expense Member
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Interest Expense	(1)	(1)	(2)	(2)
Reclassification out of Accumulated Other Comprehensive Income | Not Designated as Hedging Instrument | Interest rate contracts | Gains (Losses) Included In Interest Expense Member
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Interest Expense	$ 0	$ 0	$ 0	$ (5)

Derivative Instruments (Net Not

Derivative Instruments (Net Notional Volumes and Additional Disclosures) (Details) bbl in Millions, MWh in Millions, MMBTU in Millions, $ in Billions	9 Months Ended	12 Months Ended
	Sep. 30, 2023 USD ($) MWh MMBTU bbl	Dec. 31, 2022 USD ($) MWh MMBTU bbl	Oct. 31, 2023 USD ($)
Interest Rate Swap [Member]
Derivative [Line Items]
Notional amount	$ 20	$ 19.7
Interest Rate Swap [Member] | Subsequent Event
Derivative [Line Items]
Notional amount			$ 4.7
Foreign currency contracts
Derivative [Line Items]
Notional amount	$ 0.5	$ 1
Short [Member] | Commodity contract - Power [Member]
Derivative [Line Items]
Non-monetary net notional amount (in MWh) | MWh	(127)	(104)
Short [Member] | Commodity contract - Natural gas [Member]
Derivative [Line Items]
Non-monetary net notional amount (in MMBtu) | MMBTU	1,297	1,307
Short [Member] | Commodity contract - Oil [Member]
Derivative [Line Items]
Non-monetary net notional amount (in barrels) | bbl	(43)	(38)
Florida Power & Light Company | Short [Member] | Commodity contract - Power [Member]
Derivative [Line Items]
Non-monetary net notional amount (in MWh) | MWh	0	0
Florida Power & Light Company | Short [Member] | Commodity contract - Oil [Member]
Derivative [Line Items]
Non-monetary net notional amount (in barrels) | bbl	0	0
Florida Power & Light Company | Long [Member] | Commodity contract - Natural gas [Member]
Derivative [Line Items]
Non-monetary net notional amount (in MMBtu) | MMBTU	793	258

Derivative Instruments (Credit-

Derivative Instruments (Credit-Risk-Related Contingent Features) (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Derivative [Line Items]
Fair value of derivative instruments with credit-risk-related contingent features that were in a liability position	$ 4,200,000,000	$ 7,400,000,000
Total required posted collateral should FPL's and Capital Holdings' credit ratings fall to BBB/Baa2	365,000,000	1,625,000,000
Total required posted collateral should FPL's and Capital Holdings' credit ratings fall below investment grade	2,300,000,000	5,200,000,000
Additional collateral requirements if non-ratings based contract provisions are triggered	810,000,000	1,100,000,000
Collateral already posted, aggregate fair value	19,000,000	59,000,000
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	327,000,000	1,192,000,000
Florida Power & Light Company
Derivative [Line Items]
Fair value of derivative instruments with credit-risk-related contingent features that were in a liability position	15,000,000	15,000,000
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	25,000,000	20,000,000
Additional collateral requirements if non-ratings based contract provisions are triggered	90,000,000	185,000,000
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

Non-Derivative Fair Value Mea_3

Non-Derivative Fair Value Measurements (Assets and Liabilities Measured on a Recurring Basis) (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2021
Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	$ 677	$ 961
Special use funds:
Equity securities	4,757	4,437
U.S. Government and municipal bonds	742	704
Corporate debt securities	554	722
Asset-backed securities	775	615
Other debt securities	12	20
Other investments:
Equity Securities	49	31
U.S. Government and Municipal Bonds	556	235
Corporate Debt Securities	472	233
Other Debt Securities	205	67
Level 1 | Fair value measurements made on a recurring basis [Member]
Fair Value, Assets and Liabilities Measured on Recurring [Line Items]
Restricted cash	20	69
Cash equivalents:
Equity securities	677	961
Special use funds:
Equity securities	2,237	2,062
U.S. Government and municipal bonds	699	641
Corporate debt securities	0	6
Asset-backed securities	0	0
Other debt securities	0	1
Other investments:
Equity Securities	49	30
U.S. Government and Municipal Bonds	291	117
Corporate Debt Securities	0	0
Other Debt Securities	0	0
Level 2 | Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	0	0
Special use funds:
Equity securities	2,520	2,375
U.S. Government and municipal bonds	43	63
Corporate debt securities	554	716
Asset-backed securities	775	615
Other debt securities	12	19
Other investments:
Equity Securities	0	1
U.S. Government and Municipal Bonds	265	118
Corporate Debt Securities	358	125
Other Debt Securities	190	57
Level 3 | 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
Asset-backed securities	0	0
Other debt securities	0	0
Other investments:
Equity Securities	0	0
U.S. Government and Municipal Bonds	0	0
Corporate Debt Securities	114	108
Other Debt Securities	15	10
Florida Power & Light Company | Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	36	36
Special use funds:
Equity securities	3,183	2,905
U.S. Government and municipal bonds	587	534
Corporate debt securities	389	553
Asset-backed securities	582	473
Other debt securities	5	12
Other investments:
Equity Securities	9	9
Other Debt Securities	262	114
Florida Power & Light Company | Level 1 | Fair value measurements made on a recurring basis [Member]
Fair Value, Assets and Liabilities Measured on Recurring [Line Items]
Restricted cash	11	33
Cash equivalents:
Equity securities	36	36
Special use funds:
Equity securities	903	743
U.S. Government and municipal bonds	572	505
Corporate debt securities	0	6
Asset-backed securities	0	0
Other debt securities	0	1
Other investments:
Equity Securities	9	9
Other Debt Securities	0	0
Florida Power & Light Company | Level 2 | Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	0	0
Special use funds:
Equity securities	2,280	2,162
U.S. Government and municipal bonds	15	29
Corporate debt securities	389	547
Asset-backed securities	582	473
Other debt securities	5	11
Other investments:
Equity Securities	0	0
Other Debt Securities	262	114
Florida Power & Light Company | Level 3 | 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
Asset-backed securities	0	0
Other debt securities	0	0
Other investments:
Equity Securities	0	0
Other Debt Securities	0	0
NextEra Energy Transmission, LLC Subsidiary [Member]
Other investments:
Contingent consideration liabilities	$ 123	$ 203
NextEra Energy Transmission, LLC Subsidiary [Member] | GridLiance [Member]
Other investments:
Contingent consideration liabilities			$ 264

Non-Derivative Fair Value Mea_4

Non-Derivative Fair Value Measurements (Fair Value of Instruments Recorded at Other Than Fair Value and Special Use Funds) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special use funds: nuclear decommissioning fund assets	$ 8,020	$ 7,495
Special Use Funds Storm Fund Assets	1	1
Available for sale debt securities amortized cost	$ 3,562	2,858
Special Use Funds Nuclear Decommissioning Funds Weighted Average Maturity	9 years
Other investments weighted average maturity	6 years
Other assets, current	$ 2,442	1,107
Other	8,258	5,695
Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special Use Funds Fair Value Disclosure	1,181	998
Other Investments Financial Instruments Primarily Notes Receivable Fair Value Disclosure	696	246
Long Term Debt Including Current Maturities Fair Value And Carrying Value	67,162	61,889
Other assets, current	475	25
Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special Use Funds Fair Value Disclosure	1,181	999
Other Investments Financial Instruments Primarily Notes Receivable Fair Value Disclosure	696	246
Long Term Debt Including Current Maturities Fair Value And Carrying Value	60,952	57,892
Other	221	221
Florida Power & Light Company
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special use funds: nuclear decommissioning fund assets	5,595	5,220
Special Use Funds Storm Fund Assets	1	1
Available for sale debt securities amortized cost	$ 1,969	1,873
Special Use Funds Nuclear Decommissioning Funds Weighted Average Maturity	9 years
Other assets, current	$ 741	143
Other	913	887
Florida Power & Light Company | Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special Use Funds Fair Value Disclosure	850	744
Long Term Debt Including Current Maturities Fair Value And Carrying Value	24,889	21,002
Florida Power & Light Company | Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special Use Funds Fair Value Disclosure	850	744
Long Term Debt Including Current Maturities Fair Value And Carrying Value	$ 22,275	$ 19,364

Non-Derivative Fair Value Mea_5

Non-Derivative Fair Value Measurements (Unrealized Gains (Losses) Recognized On Equity Securities Still Held at The Reporting Date) (Details) - Equity Securities [Member] - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized gains (losses)	$ (180)	$ (222)	$ 396	$ (1,317)
Florida Power & Light Company
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized gains (losses)	$ (114)	$ (135)	$ 279	$ (857)

Non-Derivative Fair Value Mea_6

Non-Derivative Fair Value Measurements (Gains and Losses on Available-for-sale Debt Securities) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Debt Securities [Member]
Marketable Securities, Available-for-sale [Line Items]
Realized Gains	$ 12	$ 8	$ 31	$ 26
Realized Losses	64	41	140	100
Proceeds from sale or maturity of securities	781	681	1,801	1,901
Available for sale securities: Special Use Funds - Debt Securities [Member]
Marketable Securities, Available-for-sale [Line Items]
Unrealized gains	5		5		$ 4
Unrealized losses	260		260		285
Fair value	2,797		2,797		2,315
Florida Power & Light Company | Debt Securities [Member]
Marketable Securities, Available-for-sale [Line Items]
Realized Gains	11	6	27	20
Realized Losses	60	36	122	79
Proceeds from sale or maturity of securities	688	$ 324	1,428	$ 1,001
Florida Power & Light Company | Available for sale securities: Special Use Funds - Debt Securities [Member]
Marketable Securities, Available-for-sale [Line Items]
Unrealized gains	4		4		3
Unrealized losses	152		152		193
Fair value	$ 1,480		$ 1,480		$ 1,466

Non-Derivative Fair Value Mea_7

Non-Derivative Fair Value Measurements - Nonrecurring Fair Value Measurements (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment in equity method investees	$ 5,991		$ 6,582
Equity method investment, impairment	1,200
Equity method investment, impairment, net of tax	$ 900
NextEra Energy Resources
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading price (per share)	$ 29.70
Investment in equity method investees	$ 4,200
Equity method investments, fair value	$ 3,000
Mountain Valley Pipeline | NextEra Energy Resources
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment charge		$ 800
Impairment charge, net of tax		600
Equity method investments, write off		600
Equity method investments, liability		$ 200

Non-Derivative Fair Value Mea_8

Non-Derivative Fair Value Measurements (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Trading securities, cost	$ 514	$ 485

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Effective income tax rate	(4.70%)	17.20%	13.50%	11.50%
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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Effective Income Tax Rate Reconciliation [Line Items]
Statutory federal income tax rate	21%	21%	21%	21%
Increases (reductions) resulting from:
State income taxes – net of federal income tax benefit	(4.50%)	1.70%	1.50%	1.30%
Taxes attributable to noncontrolling interests	6.80%	2.60%	3%	6.80%
PTCs and ITCs	(21.10%)	(4.70%)	(8.70%)	(9.40%)
Amortization of deferred regulatory credit	(5.00%)	(2.90%)	(2.40%)	(6.70%)
Other – net	(1.90%)	(0.50%)	(0.90%)	(1.50%)
Effective income tax rate	(4.70%)	17.20%	13.50%	11.50%
Florida Power & Light Company
Effective Income Tax Rate Reconciliation [Line Items]
Statutory federal income tax rate	21%	21%	21%	21%
Increases (reductions) resulting from:
State income taxes – net of federal income tax benefit	4.40%	4.50%	4.30%	4.40%
Taxes attributable to noncontrolling interests	0%	0%	0%	0%
PTCs and ITCs	(2.30%)	(1.90%)	(2.00%)	(1.10%)
Amortization of deferred regulatory credit	(3.30%)	(4.10%)	(3.50%)	(4.00%)
Other – net	(0.30%)	0.10%	(0.30%)	0.10%
Effective income tax rate	19.50%	19.60%	19.50%	20.40%

Acquisitions (Details)

Acquisitions (Details) $ in Millions	Mar. 21, 2023 USD ($) numberOfProjects	Sep. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Business Acquisition [Line Items]
Goodwill		$ 5,043	$ 4,854
RNG Acquisition | NextEra Energy Resources
Business Acquisition [Line Items]
Assets assumed	$ 1,300
Assumed liabilities	300
Noncontrolling interests	100
Goodwill	200
Consideration transferred	1,100
Debt assumed	34
Goodwill, Expected Tax Deductible Amount	$ 200
Number of RNG projects | numberOfProjects	31
Number of RNG projects, renewable gas facility | numberOfProjects	1

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Schedule of Investments [Line Items]
Other	$ 8,258		$ 8,258		$ 5,695
Guarantor obligations, current carrying value	482		482
NextEra Energy Partners
Schedule of Investments [Line Items]
Guarantor obligations, current carrying value	2,700		2,700
Debt instrument, fair value disclosure	60		60
NEER [Member]
Schedule of Investments [Line Items]
Related party services	134	$ 136	520	$ 424
Cash Sweep And Credit Support Agreement [Member] | NEER [Member]
Schedule of Investments [Line Items]
Fee income	5	$ 45	55	$ 129
Other Receivables	63		63		94
Other	114		114		101
Cash Sweep And Credit Support Agreement [Member] | NEER [Member] | NextEra Energy Partners
Schedule of Investments [Line Items]
Accounts Payable, Other	$ 92		$ 92		$ 298

Variable Interest Entities (V_2

Variable Interest Entities (VIEs) (Details) $ in Millions	3 Months Ended	9 Months Ended
	Dec. 31, 2023 MW	Sep. 30, 2023 USD ($) variable_interest_entity mi MW	Dec. 31, 2022 USD ($) variable_interest_entity
Variable Interest Entity [Line Items]
Carrying amount of assets, consolidated variable interest entity		$ 171,674	$ 158,935
TOTAL LIABILITIES		115,106	109,499
Investment in equity method investees		5,991	6,582
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Carrying amount of assets, consolidated variable interest entity		722	744
TOTAL LIABILITIES		$ 27	18
Electricity Transmission Line (in miles) | mi		280
Percentage of profits and losses		48%
Other variable interest entities [Member]
Variable Interest Entity [Line Items]
Investments in special purpose entities		$ 4,671	$ 4,016
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		8	9
Carrying amount of assets, consolidated variable interest entity		$ 1,875	$ 2,084
TOTAL LIABILITIES		$ 1,095	1,174
Solar generating facility capability (in megawatts) | MW		765
Indirect Subsidiary of NextEra Energy Resources [Member] | Photovoltaic Solar Facility [Member] | Minimum
Variable Interest Entity [Line Items]
Ownership percentage		50%
Indirect Subsidiary of NextEra Energy Resources [Member] | Photovoltaic Solar Facility [Member] | Maximum
Variable Interest Entity [Line Items]
Ownership percentage		67%
NextEra Energy Resources
Variable Interest Entity [Line Items]
Investment in equity method investees		$ 4,200
NextEra Energy Resources | Variable Interest Entities Wind and Solar PV Facilities [Member[
Variable Interest Entity [Line Items]
Carrying amount of assets, consolidated variable interest entity		1,480	1,488
TOTAL LIABILITIES		$ 90	86
Ownership percentage		10%
Wind electric generating facility capability (in megawatts) | MW		400
Solar generating facility capability (in megawatts) | MW		599
NextEra Energy Resources | 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		31
Carrying amount of assets, consolidated variable interest entity		$ 20,421	19,690
TOTAL LIABILITIES		$ 1,592	2,318
Wind electric generating facility capability (in megawatts) | MW		11,588
Solar generating facility capability (in megawatts) | MW		1,401
Solar Plus Storage Facility Capacity | MW		1,062
Number of variable interest entities with guarantees to obligations | variable_interest_entity		3
NextEra Energy Resources | Variable Interest Entities Wind and Solar Primary Beneficiary [Member] [Member] | Forecast
Variable Interest Entity [Line Items]
Solar generating facility capability (in megawatts) | MW	1,067
Florida Power & Light Company
Variable Interest Entity [Line Items]
Carrying amount of assets, consolidated variable interest entity		$ 91,069	86,559
TOTAL LIABILITIES		52,400	47,639
Florida Power & Light Company | Other variable interest entities [Member]
Variable Interest Entity [Line Items]
Investments in special purpose entities		3,661	3,331
Other Investments [Member] | Subsidiaries of NEE [Member]
Variable Interest Entity [Line Items]
Investment in equity method investees		5,201	$ 5,214
Commitments To Increase (Decrease) In Equity Method Investments		$ 190

Employee Retirement Benefits (D

Employee Retirement Benefits (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Pension Benefits [Member]
Net periodic benefit (income) cost [Abstract]
Service cost	$ 16	$ 21	$ 48	$ 64
Interest cost	33	19	99	58
Expected return on plan assets	(98)	(90)	(294)	(271)
Amortization of actuarial loss	0	0	0	0
Amortization of prior service benefit	0	0	0	(1)
Special termination benefits	0	0	0	52
Net periodic cost (income) cost	(49)	(50)	(147)	(98)
Postretirement Benefits [Member]
Net periodic benefit (income) cost [Abstract]
Service cost	0	0	1	1
Interest cost	3	2	7	4
Expected return on plan assets	0	0	0	0
Amortization of actuarial loss	0	1	0	2
Amortization of prior service benefit	0	(1)	0	(3)
Special termination benefits	0	0	0	0
Net periodic cost (income) cost	3	2	8	4
Florida Power & Light Company | Pension Benefits [Member]
Net periodic benefit (income) cost [Abstract]
Net periodic cost (income) cost	(32)	(33)	(96)	(60)
Florida Power & Light Company | Postretirement Benefits [Member]
Net periodic benefit (income) cost [Abstract]
Net periodic cost (income) cost	$ 2	$ 1	$ 6	$ 3

Debt - Long-term Debt Issuances

Debt - Long-term Debt Issuances and Borrowings (Details)	9 Months Ended
	Sep. 30, 2023 USD ($)
Florida Power & Light Company | First mortgage bonds
Debt Instrument [Line Items]
Principal amount	$ 4,500,000,000
Florida Power & Light Company | First mortgage bonds | Minimum
Debt Instrument [Line Items]
Interest Rate (as a percent)	4.40%
Florida Power & Light Company | First mortgage bonds | Maximum
Debt Instrument [Line Items]
Interest Rate (as a percent)	5.30%
Florida Power & Light Company | Senior Unsecured Notes Maturing 2026
Debt Instrument [Line Items]
Principal amount	$ 500,000,000
Interest Rate (as a percent)	4.45%
Florida Power & Light Company | Senior Unsecured Notes Maturing 2073
Debt Instrument [Line Items]
Principal amount	$ 486,000,000
Interest Rate Terms	Variable
NextEra Energy Capital Holdings, Inc. | Debentures
Debt Instrument [Line Items]
Principal amount	$ 4,000,000,000
NextEra Energy Capital Holdings, Inc. | Debentures | Minimum
Debt Instrument [Line Items]
Interest Rate (as a percent)	4.90%
NextEra Energy Capital Holdings, Inc. | Debentures | Maximum
Debt Instrument [Line Items]
Interest Rate (as a percent)	5.25%
NextEra Energy Transmission, LLC Subsidiary [Member] | Long-Term Debt | NEER Segment
Debt Instrument [Line Items]
Principal amount	$ 317,000,000
Interest Rate (as a percent)	4.86%

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($) $ in Billions	1 Months Ended
	Sep. 30, 2023	Mar. 31, 2023	Aug. 31, 2023
NEE Equity Units February 2020 [Member]
Debt Instrument [Line Items]
Sale of stock, shares issued in transaction (in shares)		33,380,000
Sale of stock, consideration received		$ 2.5
NEE Equity Units September 2020
Debt Instrument [Line Items]
Sale of stock, shares issued in transaction (in shares)	27,344,000
Sale of stock, consideration received	$ 2
Series K Debentures due 2025 | Debentures | NextEra Energy Capital Holdings, Inc.
Debt Instrument [Line Items]
Principal amount		$ 2.5
Interest Rate (as a percent)		6.051%
Series L Debenture due 2025 | Debentures | NextEra Energy Capital Holdings, Inc.
Debt Instrument [Line Items]
Principal amount			$ 2
Interest Rate (as a percent)			5.749%

Equity (Earnings Per Share) (De

Equity (Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Reconciliation of basic and diluted earnings per share of common stock [Abstract]
Net income attributable to NEE - basic	$ 1,219	$ 1,696	$ 6,100	$ 2,625
Denominator:
Weighted-average number of common shares outstanding – basic	2,031.3	1,972.5	2,017.8	1,967.5
Equity units, stock options, performance share awards and restricted stock	4.9	6.4	5.2	6.1
Weighted-average number of common shares outstanding – assuming dilution	2,036.2	1,978.9	2,023	1,973.6
Earnings per share attributable to NEE:
Basic (in dollars per share)	$ 0.60	$ 0.86	$ 3.02	$ 1.33
Assuming dilution (in dollars per share)	$ 0.60	$ 0.86	$ 3.02	$ 1.33

Equity (Narrative) (Details)

Equity (Narrative) (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Equity [Abstract]
Antidilutive securities (in shares)	25.9	8.6	43	42.6

Equity (Accumulated Other Compr

Equity (Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ 53,564	$ 44,554	$ 48,326	$ 45,424
Net other comprehensive income (loss)	(32)	(78)	(11)	(140)
Ending balance	56,250	46,746	56,250	46,746
Net Unrealized Gains (Losses) on Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	21	19	20	14
Other comprehensive income (loss) before reclassifications	0	0	0	0
Amounts reclassified from AOCI	0	0	1	5
Net other comprehensive income (loss)	0	0	1	5
Less other comprehensive (income) loss attributable to noncontrolling interests	0	0	0	0
Ending balance	21	19	21	19
Net Unrealized Gains (Losses) on Available for Sale Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(63)	(53)	(69)	5
Other comprehensive income (loss) before reclassifications	(19)	(31)	(20)	(91)
Amounts reclassified from AOCI	2	1	9	3
Net other comprehensive income (loss)	(17)	(30)	(11)	(88)
Less other comprehensive (income) loss attributable to noncontrolling interests	0	0	0	0
Ending balance	(80)	(83)	(80)	(83)
Defined Benefit Pension and Other Benefits Plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(100)	25	(101)	25
Other comprehensive income (loss) before reclassifications	0	0	0	0
Amounts reclassified from AOCI	0	0	1	0
Net other comprehensive income (loss)	0	0	1	0
Less other comprehensive (income) loss attributable to noncontrolling interests	0	0	0	0
Ending balance	(100)	25	(100)	25
Net Unrealized Gains (Losses) on Foreign Currency Translation
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(64)	(55)	(74)	(49)
Other comprehensive income (loss) before reclassifications	(15)	(49)	(2)	(58)
Amounts reclassified from AOCI	0	0	0	0
Net other comprehensive income (loss)	(15)	(49)	(2)	(58)
Less other comprehensive (income) loss attributable to noncontrolling interests	5	23	2	26
Ending balance	(74)	(81)	(74)	(81)
Other Comprehensive Income Related to Equity Method Investees
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	6	5	6	5
Other comprehensive income (loss) before reclassifications	0	1	0	1
Amounts reclassified from AOCI	0	0	0	0
Net other comprehensive income (loss)	0	1	0	1
Less other comprehensive (income) loss attributable to noncontrolling interests	0	0	0	0
Ending balance	6	6	6	6
Total
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(200)	(59)	(218)	0
Other comprehensive income (loss) before reclassifications	(34)	(79)	(22)	(148)
Amounts reclassified from AOCI	2	1	11	8
Net other comprehensive income (loss)	(32)	(78)	(11)	(140)
Less other comprehensive (income) loss attributable to noncontrolling interests	5	23	2	26
Ending balance	(227)	(114)	(227)	(114)
Net unrealized gains (losses) on cash flow hedges. noncontrolling interest
Accumulated Other Comprehensive Income (Loss) [Line Items]
Ending balance	0	0	0	0
Net unrealized gains (losses) on available for sale securities, noncontrolling interest
Accumulated Other Comprehensive Income (Loss) [Line Items]
Ending balance	0	0	0	0
Defined benefit pension and other benefits plans, noncontrolling interest
Accumulated Other Comprehensive Income (Loss) [Line Items]
Ending balance	0	0	0	0
Net unrealized gains (losses) on foreign currency translation, noncontrolling interest
Accumulated Other Comprehensive Income (Loss) [Line Items]
Ending balance	(15)	(21)	(15)	(21)
Other comprehensive income (loss) related to equity method investees, noncontrolling interest
Accumulated Other Comprehensive Income (Loss) [Line Items]
Ending balance	0	0	0	0
Total, noncontrolling interest
Accumulated Other Comprehensive Income (Loss) [Line Items]
Ending balance	$ (15)	$ (21)	$ (15)	$ (21)

Summary of Significant Accoun_4

Summary of Significant Accounting and Reporting Policies - Additional Information (Details) $ in Millions		1 Months Ended					2 Months Ended	3 Months Ended		6 Months Ended	9 Months Ended
	Sep. 26, 2023 USD ($)	Oct. 31, 2023 USD ($)	Jul. 31, 2023 USD ($)	May 31, 2023 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($) facility MW	Oct. 31, 2023 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) facility MW	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($) MW	Apr. 30, 2023
Accounting Policies [Line Items]
Restricted cash and cash equivalents, current						$ 1,840		$ 1,210			$ 1,210
restricted cash related to margin cash collateral that is netted against derivative liabilities						1,541		1,056			1,056
Restricted cash related to margin cash collateral that is netted against derivative instruments						7
Gain in connection with sale								7	$ 171		11	$ 196
Customer deposits						560		615			615
Accrued construction-related expenditures						1,760		1,971			1,971
Supplier finance program, obligation						3,700		4,200			4,200
Florida Power & Light Company | Forecast
Accounting Policies [Line Items]
Tax credits sold							$ 337
Florida Power & Light Company
Accounting Policies [Line Items]
Increase (Decrease) in under Energy Recovery					$ 2,100
Natural Gas Mid-Course Correction, Value			$ 256	$ 379	$ 1,000
Restricted cash and cash equivalents, current						33		18			18
Customer deposits						543		586			586
Accrued construction-related expenditures						$ 559		506			506
Energy Recovery, Period					21 months
Fuel Mid-Course Correction, Period			6 months	8 months	9 months
Florida Power & Light Company | Storm Restoration Costs
Accounting Policies [Line Items]
Unrecovered Storm Costs to be Recovered through an Interim Storm Restoration Charge					$ 1,300
Regulatory Asset, Amortization Period													12 months
Disposed of by Sale [Member] | Florida Power & Light Company
Accounting Policies [Line Items]
Purchase price	$ 923
Disposed assets								616			616
Disposed liabilities								113			113
Disposed of by Sale [Member] | Florida Power & Light Company | Forecast
Accounting Policies [Line Items]
Gain in connection with sale		$ 400
Gain in connection with sale, after tax		$ 300
Five wind generation facilities and three solar facilities located in multiple regions | Disposed of by Sale [Member] | Subsidiaries of NextEra Energy Resources | United States, Geographically Dispersed
Accounting Policies [Line Items]
Number of wind generation facilities | facility										5
Number of solar generation facilities | facility										3
Generating capacity (MW) | MW										688
Purchase price										$ 566
Disposal Group, Including Discontinued Operation, Working Capital										$ 32
Five wind generation facilities and three solar facilities located in multiple regions | Disposed of by Sale [Member] | Subsidiaries of NextEra Energy Resources | NEP | United States, Geographically Dispersed
Accounting Policies [Line Items]
Ownership percentage sold										100%
Three wind facilities and one solar plus battery facility | Disposed of by Sale [Member] | Subsidiaries of NextEra Energy Resources | United States, Geographically Dispersed
Accounting Policies [Line Items]
Number of facilities under construction | facility						2
Three wind facilities and one solar plus battery facility | Disposed of by Sale [Member] | Subsidiaries of NextEra Energy Resources | NEP | United States, Geographically Dispersed
Accounting Policies [Line Items]
Ownership percentage sold						49%
Number of wind generation facilities | facility						3
Number of Solar Plus Battery Facilities | facility						1
Solar Plus Storage Facility Capacity | MW						65
Generating capacity (MW) | MW						1,437
Three wind facilities | Disposed of by Sale [Member] | Subsidiaries of NextEra Energy Resources | NEP | United States, Midwest Region
Accounting Policies [Line Items]
Ownership percentage sold						100%
Number of wind generation facilities						3
Generating capacity (MW) | MW						347
Three wind generation facilities and one solar plus battery facility and three wind facilities | Disposed of by Sale [Member] | NextEra Energy Resources
Accounting Policies [Line Items]
Purchase price						$ 805
Disposal Group, Including Discontinued Operation, Working Capital						8
Three wind generation facilities and one solar plus battery facility and three wind facilities | Disposed of by Sale [Member] | Current other liabilities | Subsidiaries of NextEra Energy Resources
Accounting Policies [Line Items]
Contract with Customer, Liability, Revenue Recognized											251
Three wind generation facilities and one solar plus battery facility and three wind facilities | Disposed of by Sale [Member] | Current other liabilities | Subsidiaries of NextEra Energy Resources | NEP and Differential Membership
Accounting Policies [Line Items]
Customer deposits						251
Three wind generation facilities and one solar plus battery facility and three wind facilities | Disposed of by Sale [Member] | Accounts Payable
Accounting Policies [Line Items]
Accrued construction-related expenditures						$ 810		$ 196			$ 196
Battery Storage Facility | Disposed of by Sale [Member] | NextEra Energy Resources | California
Accounting Policies [Line Items]
Gain in connection with sale									87			$ 87
Solar Plus Storage Facility Capacity | MW												230
Purchase price									191			$ 191
Disposal Group, Including Discontinued Operation, Working Capital									2			2
Gain (after tax) in connection with sale									$ 66			$ 66
Battery Storage Facility | Disposed of by Sale [Member] | NextEra Energy Resources | NEP | California
Accounting Policies [Line Items]
Ownership percentage sold									67%			67%

Summary of Significant Accoun_5

Summary of Significant Accounting and Reporting Policies - Property, Plant and Equiptment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Electric plant in service and other property	$ 133,184		$ 133,184		$ 124,963
Nuclear fuel	1,497		1,497		1,684
Construction work in progress	18,899		18,899		15,675
Property, plant and equipment, gross	153,580		153,580		142,322
Accumulated depreciation and amortization	(32,697)		(32,697)		(31,263)
Property, plant and equipment – net	120,883		120,883		111,059
Allowance for Funds Used During Construction, Equity	43	$ 20	105	$ 88
Florida Power & Light Company
Property, Plant and Equipment [Line Items]
Electric plant in service and other property	78,282		78,282		74,353
Nuclear fuel	1,069		1,069		1,190
Construction work in progress	7,801		7,801		7,026
Property, plant and equipment, gross	87,152		87,152		82,569
Accumulated depreciation and amortization	(18,298)		(18,298)		(17,876)
Electric utility plant and other property – net	68,854		68,854		$ 64,693
Allowance for Funds Used During Construction	49	25	123	106
Allowance for Funds Used During Construction, Equity	40	19	100	82
NextEra Energy Resources
Property, Plant and Equipment [Line Items]
Project Development Costs	$ 88	$ 46	$ 220	$ 119

Commitments and Contingencies_2

Commitments and Contingencies (Planned Capital Expenditures) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2023 USD ($) MW
Planned Capital Expenditures [Line Items]
Guarantor obligations, current carrying value	$ 482
Florida Power & Light Company
Planned Capital Expenditures [Line Items]
Remainder of 2023	2,195
2024	7,805
2025	7,980
2026	8,915
2027	8,960
Total	35,855
NEER Segment
Planned Capital Expenditures [Line Items]
Remainder of 2023	4,000
2024	6,680
2025	3,765
2026	1,430
2027	730
Total	16,605
New Generation Expenditures [Member] | Florida Power & Light Company
Planned Capital Expenditures [Line Items]
Remainder of 2023	645
2024	2,390
2025	2,750
2026	3,665
2027	3,195
Total	12,645
Allowance for funds used during construction (AFUDC) - remainder of 2023	40
Allowance for funds used during construction (AFUDC) - 2024	110
Allowance for funds used during construction (AFUDC) - 2025	75
Allowance for funds used during construction (AFUDC) - 2026	120
Allowance for funds used during construction (AFUDC) - 2027	115
Existing Generation Expenditures [Member] | Florida Power & Light Company
Planned Capital Expenditures [Line Items]
Remainder of 2023	390
2024	1,350
2025	1,025
2026	1,330
2027	1,465
Total	5,560
Transmission And Distribution Expenditures [Member] | Florida Power & Light Company
Planned Capital Expenditures [Line Items]
Remainder of 2023	790
2024	3,410
2025	3,415
2026	3,160
2027	3,415
Total	14,190
Allowance for funds used during construction (AFUDC) - remainder of 2023	15
Allowance for funds used during construction (AFUDC) - 2024	50
Allowance for funds used during construction (AFUDC) - 2025	50
Allowance for funds used during construction (AFUDC) - 2026	30
Allowance for funds used during construction (AFUDC) - 2027	30
Nuclear Fuel Expenditures [Member] | Florida Power & Light Company
Planned Capital Expenditures [Line Items]
Remainder of 2023	115
2024	145
2025	200
2026	295
2027	300
Total	1,055
General And Other Expenditures [Member] | Florida Power & Light Company
Planned Capital Expenditures [Line Items]
Remainder of 2023	255
2024	510
2025	590
2026	465
2027	585
Total	2,405
Wind Expenditures [Member] | NEER Segment
Planned Capital Expenditures [Line Items]
Remainder of 2023	1,355
2024	2,135
2025	535
2026	85
2027	95
Total	$ 4,205
Planned new generation over 5 year period (in megawatts) | MW	3,730
Solar Expenditures [Member] | NEER Segment
Planned Capital Expenditures [Line Items]
Remainder of 2023	$ 1,225
2024	2,225
2025	1,210
2026	10
2027	5
Total	$ 4,675
Planned new generation over 5 year period (in megawatts) | MW	6,565
Other Clean Energy | NEER Segment
Planned Capital Expenditures [Line Items]
Remainder of 2023	$ 605
2024	730
2025	390
2026	70
2027	70
Total	1,865
Nuclear Expenditures [Member] | NEER Segment
Planned Capital Expenditures [Line Items]
Remainder of 2023	85
2024	265
2025	245
2026	210
2027	295
Total	1,100
Rate-Regulated Transmission [Member] | NEER Segment
Planned Capital Expenditures [Line Items]
Remainder of 2023	230
2024	700
2025	1,180
2026	835
2027	20
Total	2,965
Allowance for funds used during construction (AFUDC) - remainder of 2023	5
Allowance for funds used during construction (AFUDC) - 2024	30
Allowance for funds used during construction (AFUDC) - 2025	90
Allowance for funds used during construction (AFUDC) - 2026	125
Allowance for funds used during construction (AFUDC) - 2027	5
Other Expenditures [Member] | NEER Segment
Planned Capital Expenditures [Line Items]
Remainder of 2023	500
2024	625
2025	205
2026	220
2027	245
Total	$ 1,795

Commitments and Contingencies_3

Commitments and Contingencies (Long-term Purchase Commitment) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
NEER Segment
Required capacity and/or minimum payments [Abstract]
Remainder of 2023	$ 2,505		$ 2,505
2024	3,260		3,260
2025	285		285
2026	165		165
2027	150		150
Thereafter	1,690		1,690
Commitment to invest	235		235
Joint Obligations Remainder Current Year	565		565
Joint Obligations Second Year	1,385		1,385
Joint Obligations Third Year	5		5
Joint Obligations Fourth Year	5		5
Joint Obligations Fifth Year	0		0
Joint Obligations After Fifth Year	0		0
Contract Group 1 [Member] | NEER Segment
Long-term Purchase Commitment [Line Items]
Commitment amount included in capital expenditures	5,300		5,300
Mountain Valley Pipeline | NEER Segment
Required capacity and/or minimum payments [Abstract]
Amounts from Required Capacity And/Or Minimum Payments, Annual Commitment	$ 70		$ 70
Mountain Valley Pipeline | NEER Segment | Natural Gas Transportation Agreement
Required capacity and/or minimum payments [Abstract]
Equity method investment, ownership percentage	32.20%		32.20%
Florida Power & Light Company
Required capacity and/or minimum payments [Abstract]
Remainder of 2023	$ 275		$ 275
2024	1,070		1,070
2025	1,075		1,075
2026	1,075		1,075
2027	970		970
Thereafter	8,565		8,565
Related Party Transaction, Amounts of Transaction	104	$ 104	314	$ 314
Florida Power & Light Company | 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 2023	105		105
2024	410		410
2025	405		405
2026	400		400
2027	400		400
Thereafter	5,560		5,560
Florida Power & Light Company | Consolidation, Eliminations [Member]
Required capacity and/or minimum payments [Abstract]
Related Party Transaction, Amounts of Transaction	$ 25	$ 26	$ 74	$ 77

Commitments and Contingencies_4

Commitments and Contingencies (Insurance) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2023 USD ($)
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	16,100
Potential retrospective assessments under secondary financial protection system	1,161
Potential retrospective assessments under secondary financial protection system payable per incident per year	173
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%
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	163
Florida Power & Light Company
Insurance [Abstract]
Potential retrospective assessments under secondary financial protection system	664
Potential retrospective assessments under secondary financial protection system payable per incident per year	99
Potential amount of retrospective assessment per occurrence per site for property damage, decontamination and premature decommissioning risks	104
Duane Arnold Energy Center Insurance [Member]
Insurance [Abstract]
Maximum obtainable amount of private liability insurance available under Price-Anderson Act	100
Amount of coverage per occurrence per site for property damage, decontamination and premature decommissioning risks	50
Seabrook Station 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	2
Duane Arnold Energy Center Insurance [Member]
Insurance [Abstract]
Potential retrospective assessment recoverable from minority interest for property damage, decontamination and premature decommissioning risks	2
St Lucie Unit No 2 Insurance [Member]
Insurance [Abstract]
Potential retrospective assessment recoverable from minority interest for nuclear liability secondary financial protection	25
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		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Segment Reporting Information [Line Items]
Operating revenues		$ 7,172	$ 6,719	$ 21,236	$ 14,792
Operating expenses – net		5,343	5,028	13,670	12,953
Gains (losses) on disposal of businesses/assets – net		7	171	11	196
Net loss attributable to noncontrolling interests		200	137	733	646
Net income (loss) attributable to NEE		1,219	1,696	6,100	2,625
Net Income		$ 1,019	1,559	$ 5,367	1,979
Deemed capital structure of NextEra Energy Resources		70%		70%
Total assets		$ 171,674		$ 171,674		$ 158,935
Florida Power & Light Company
Segment Reporting Information [Line Items]
Operating revenues		5,475	5,075	14,169	13,211
Operating expenses – net		3,770	3,568	9,267	9,059
Net Income	[1]	1,183	1,074	3,406	2,939
Total assets		91,069		91,069		86,559
Operating Segments [Member] | FPL Segment
Segment Reporting Information [Line Items]
Operating revenues		5,475	5,075		13,211
Operating expenses – net		3,770	3,568	9,268	9,060
Gains (losses) on disposal of businesses/assets – net		0	0	1	1
Net loss attributable to noncontrolling interests		0	0	0	0
Net income (loss) attributable to NEE		1,183	1,074	3,406	2,939
Total assets		91,069		91,069		86,559
Operating Segments [Member] | NEER Segment
Segment Reporting Information [Line Items]
Operating revenues		1,669	1,652	7,016	1,627
Operating expenses – net		1,470	1,341	4,112	3,712
Gains (losses) on disposal of businesses/assets – net		8	173	6	208
Net loss attributable to noncontrolling interests		200	137	733	646
Net income (loss) attributable to NEE		(230)	655	2,672	(711)
Total assets		78,701		78,701		70,713
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Operating revenues		28	(8)	51	(46)
Operating expenses – net		103	119	290	181
Gains (losses) on disposal of businesses/assets – net		(1)	(2)	4	(13)
Net loss attributable to noncontrolling interests		0	0	0	0
Net income (loss) attributable to NEE		266	$ (33)	22	$ 397
Total assets		$ 1,904		$ 1,904		$ 1,663
[1]FPL's comprehensive income is the same as reported net income.