NextEra Energy (NEE) 10-Q21 Apr 172017 Q1 Quarterly reportFinancial data

Company Profile

Document Entity Information

Document Entity Information	3 Months Ended
Document Entity Information	Mar. 31, 2017shares
Entity Information [Line Items]
Entity Registrant Name	NEXTERA ENERGY INC
Entity Central Index Key	753,308
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	468,162,675
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
FPL [Member]
Entity Information [Line Items]
Entity Registrant Name	FLORIDA POWER & LIGHT CO
Entity Central Index Key	37,634
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding	1,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($) shares in Millions, $ in Millions		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
OPERATING REVENUES		$ 3,972	$ 3,835	[1]
OPERATING EXPENSES (INCOME)
Fuel, purchased power and interchange		899	928	[1]
Other operations and maintenance		795	799	[1]
Merger		11	4	[1]
Depreciation and amortization		619	537	[1]
Gain on sale of the fiber-optic telecommunications business		(1,096)	0	[1]
Taxes other than income taxes and other - net		339	333	[1]
Total operating expenses - net		1,567	2,601	[1]
OPERATING INCOME		2,405	1,234	[1]
OTHER INCOME (DEDUCTIONS)
Interest expense		(360)	(509)	[1]
Benefits associated with differential membership interests - net		125	84	[1]
Equity in earnings of equity method investees		31	32	[1]
Allowance for equity funds used during construction		22	25	[1]
Interest income		19	18	[1]
Gains on disposal of investments and other property - net		45	15	[1]
Other - net		(21)	(3)	[1]
Total other deductions - net		(139)	(338)	[1]
INCOME BEFORE INCOME TAXES		2,266	896	[1]
INCOME TAXES		675	242	[1]
Net Income (Loss)		1,591	654	[1]
LESS NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS		8	1	[1]
Net Income (Loss) Attributable to Parent		$ 1,583	$ 653	[1]
Earnings per share of common stock:
Basic (in dollars per share)		$ 3.39	$ 1.42	[1]
Assuming dilution (in dollars per share)		3.37	1.41	[1]
Dividends per share of common stock (in dollars per share)		$ 0.9825	$ 0.87	[1]
Weighted-average number of common shares outstanding:
Basic (in shares)		467.5	460.5	[1]
Assuming dilution (in shares)		470.2	463.4	[1]
FPL [Member]
OPERATING REVENUES		$ 2,527	$ 2,303
OPERATING EXPENSES (INCOME)
Fuel, purchased power and interchange		768	700
Other operations and maintenance		371	390
Depreciation and amortization		273	219
Taxes other than income taxes and other - net		304	280
Total operating expenses - net		1,716	1,589
OPERATING INCOME		811	714
OTHER INCOME (DEDUCTIONS)
Interest expense		(119)	(112)
Allowance for equity funds used during construction		16	24
Other - net		0	1
Total other deductions - net		(103)	(87)
INCOME BEFORE INCOME TAXES		708	627
INCOME TAXES		263	234
Net Income (Loss) Attributable to Parent	[2]	$ 445	$ 393

[1]	Amounts have been retrospectively adjusted. See Note 7 - Stock-Based Compensation.
[2]	FPL's comprehensive income is the same as reported net income.

CONDENSED CONSOLIDATED STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	[1]
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
NET INCOME	$ 1,591	$ 654
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX
Reclassification of unrealized losses on cash flow hedges from accumulated other comprehensive loss to net income (net of $4 and $13 tax expense, respectively)	9	23
Net unrealized gains (losses) on available for sale securities:
Net unrealized gains on securities still held (net of $26 and $7 tax expense, respectively)	34	8
Reclassification from accumulated other comprehensive loss to net income (net of $10 and $1 tax benefit, respectively)	(16)	(1)
Defined benefit pension and other benefits plans (net of $2 and $4 tax benefit, respectively)	(3)	(7)
Net unrealized gains on foreign currency translation (net of less than $1 and less than $1 tax expense, respectively)	16	20
Other comprehensive income (loss) related to equity method investee (net of less than $1 tax expense and $2 tax benefit, respectively)	1	(3)
Total other comprehensive income, net of tax	41	40
COMPREHENSIVE INCOME	1,632	694
LESS COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTERESTS	19	(13)
COMPREHENSIVE INCOME ATTRIBUTABLE TO NEE	$ 1,613	$ 707

[1]	Amounts have been retrospectively adjusted. See Note 7 - Stock-Based Compensation.

CONDENSED CONSOLIDATED STATEME4

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Tax expense (benefit) on cash flow hedges reclassified from AOCI to net income	$ 4	$ 13
Tax expense (benefit) of unrealized gains/losses on available for sale securities still held	26	7
Tax expense (benefit) on available for sale securities reclassified from AOCI to net income	(10)	(1)
Tax expense (benefit) of defined benefit pension and other benefits plans	(2)	(4)
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	0	0
Other comprehensive income (loss) related to equity method investee, tax	$ 0	$ (2)

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
PROPERTY, PLANT AND EQUIPMENT
Electric plant in service and other property	$ 81,554	$ 80,150
Nuclear fuel	2,226	2,131
Construction work in progress	5,388	4,732
Accumulated depreciation and amortization	(20,768)	(20,101)
Total property, plant and equipment - net ($14,554 and $14,632 related to VIEs, respectively)	68,400	66,912
CURRENT ASSETS
Cash and cash equivalents	600	1,292
Customer receivables, net of allowances	1,635	1,784
Other receivables	525	655
Materials, supplies and fossil fuel inventory	1,303	1,289
Regulatory assets	528	524
Derivatives	678	885
Assets held for sale	0	452
Other	558	528
Total current assets	5,827	7,409
OTHER ASSETS
Special use funds	5,625	5,434
Other investments ($479 and $479 related to a VIE, respectively)	2,759	2,482
Prepaid benefit costs	1,206	1,177
Regulatory assets ($94 and $107 related to a VIE, respectively)	2,294	1,894
Derivatives	1,462	1,350
Other	3,632	3,335
Total other assets	16,978	15,672
TOTAL ASSETS	91,205	89,993
CAPITALIZATION
Common stock	5	5
Additional paid-in capital	8,951	8,948
Retained earnings	16,581	15,458
Accumulated other comprehensive loss	(40)	(70)
Total common shareholders' equity	25,497	24,341
Noncontrolling interests	972	990
Total equity	26,469	25,331
Long-term debt	28,539	27,818
Total capitalization	55,008	53,149
CURRENT LIABILITIES
Commercial paper	2,309	268
Other short-term debt	250	150
Current maturities of long-term debt	2,766	2,604
Accounts payable	1,237	3,447
Customer deposits	464	470
Accrued interest and taxes	706	480
Derivatives	330	404
Accrued construction-related expenditures	631	1,120
Regulatory liabilities	164	299
Liabilities associated with assets held for sale	0	451
Other	904	1,226
Total current liabilities	9,761	10,919
OTHER LIABILITIES AND DEFERRED CREDITS
Asset retirement obligations	2,812	2,736
Deferred income taxes	11,727	11,101
Regulatory liabilities	4,746	4,906
Derivatives	473	477
Deferral related to differential membership interests - VIEs	4,537	4,656
Other	2,141	2,049
Total other liabilities and deferred credits	26,436	25,925
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES	91,205	89,993
FPL [Member]
ELECTRIC UTILITY PLANT AND OTHER PROPERTY
Plant in service and other property	45,612	44,966
Nuclear fuel	1,386	1,308
Construction work in progress	2,740	2,039
Accumulated depreciation and amortization	(12,645)	(12,304)
Total electric utility plant and other property - net	37,093	36,009
CURRENT ASSETS
Cash and cash equivalents	27	33
Customer receivables, net of allowances	687	768
Other receivables	147	148
Materials, supplies and fossil fuel inventory	876	851
Regulatory assets	527	524
Derivatives	82	209
Other	193	213
Total current assets	2,539	2,746
OTHER ASSETS
Special use funds	3,780	3,665
Prepaid benefit costs	1,319	1,301
Regulatory assets ($94 and $107 related to a VIE, respectively)	1,973	1,573
Other	346	207
Total other assets	7,418	6,746
TOTAL ASSETS	47,050	45,501
CAPITALIZATION
Common stock	1,373	1,373
Additional paid-in capital	8,291	8,332
Retained earnings	6,990	6,875
Total equity	16,654	16,580
Long-term debt	10,172	9,705
Total capitalization	26,826	26,285
CURRENT LIABILITIES
Commercial paper	1,224	268
Other short-term debt	250	150
Current maturities of long-term debt	384	367
Accounts payable	644	837
Customer deposits	460	466
Accrued interest and taxes	368	240
Accrued construction-related expenditures	244	262
Regulatory liabilities	160	294
Other	432	497
Total current liabilities	4,166	3,381
OTHER LIABILITIES AND DEFERRED CREDITS
Asset retirement obligations	1,953	1,919
Deferred income taxes	8,836	8,541
Regulatory liabilities	4,732	4,893
Other	537	482
Total other liabilities and deferred credits	16,058	15,835
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES	$ 47,050	$ 45,501

CONDENSED CONSOLIDATED BALANCE6

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
PROPERTY, PLANT AND EQUIPMENT
Total property, plant and equipment - net	$ 68,400	$ 66,912
CURRENT ASSETS
Customer receivables, allowances	4	5
OTHER ASSETS
Other investments	2,759	2,482
Regulatory assets ($94 and $107 related to a VIE, respectively)	$ 2,294	$ 1,894
CAPITALIZATION
Common Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.01	$ 0.01
Common Stock, Shares Authorized	800,000,000	800,000,000
Common Stock, Shares, Outstanding	468,000,000	468,000,000
Long-term debt	$ 28,539	$ 27,818
Related to VIEs [Member]
PROPERTY, PLANT AND EQUIPMENT
Total property, plant and equipment - net	14,554	14,632
OTHER ASSETS
Other investments	479	479
Regulatory assets ($94 and $107 related to a VIE, respectively)	94	107
CAPITALIZATION
Long-term debt	5,455	5,080
FPL [Member]
CURRENT ASSETS
Customer receivables, allowances	$ 1	$ 2
CAPITALIZATION
Common Stock, No Par Value (in dollars per share)	$ 0	$ 0
Common Stock, Shares Authorized	1,000	1,000
Common Stock, Shares, Outstanding	1,000	1,000
Common Stock, Shares, Issued	1,000	1,000
Long-term debt	$ 10,172	$ 9,705
FPL [Member] \| Related to VIEs [Member]
OTHER ASSETS
Regulatory assets ($94 and $107 related to a VIE, respectively)	94	107
CAPITALIZATION
Long-term debt	$ 107	$ 144

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income		$ 1,591	$ 654	[1]
Net Income		1,583	653	[1]
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization		619	537	[1]
Nuclear fuel and other amortization		72	114	[1]
Unrealized gains on marked to market derivative contracts - net		(169)	(48)	[1]
Foreign currency transaction losses		28	40	[1]
Deferred income taxes		565	200	[1]
Cost recovery clauses and franchise fees		16	124	[1]
Acquisition of purchased power agreement		(259)	0	[1]
Gains on disposal of a business/assets - net		(1,145)	(15)	[1]
Recoverable storm-related costs		(90)	(3)	[1]
Other - net		69	(86)	[1]
Changes in operating assets and liabilities:
Current assets		142	169	[1]
Noncurrent assets		(170)	(85)	[1]
Current liabilities		261	(57)	[1]
Noncurrent liabilities		(166)	1	[1]
Net cash provided by operating activities		1,364	1,545	[1]
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures of FPL		(1,687)	(1,133)	[1]
Independent power and other investments of NEER		(3,337)	(2,614)	[1]
Nuclear fuel purchases		(129)	(89)	[1]
Other capital expenditures and other investments		(26)	(43)	[1]
Proceeds from sale of the fiber-optic telecommunications business		1,484	0	[1]
Proceeds from sale or maturity of securities in special use funds		735	823	[1]
Purchases of securities in special use funds		(804)	(838)	[1]
Proceeds from sale of a noncontrolling interest in subsidiaries		0	292	[1]
Other - net		30	(79)	[1]
Net cash used in investing activities		(3,734)	(3,681)	[1]
CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of long-term debt		689	1,250	[1]
Retirements of long-term debt		(548)	(367)	[1]
Proceeds from other short-term debt		200	500	[1]
Net change in commercial paper		2,041	1,186	[1]
Issuances of common stock - net		7	17	[1]
Dividends		(460)	(401)	[1]
Other - net		(251)	8	[1]
Net cash provided by (used in) financing activities		1,678	2,193	[1]
Net increase (decrease) in cash and cash equivalents		(692)	57	[1]
Cash and cash equivalents at beginning of period		1,292	571	[1]
Cash and cash equivalents at end of period		600	628	[1]
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES
Accrued property additions		972	1,252	[1]
Decrease (increase) in property, plant and equipment - net as a result of cash grants primarily under the Recovery Act		(147)	160	[1]
Increase in property, plant and equipment as a result of a settlement		0	(68)	[1]
FPL [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	[2]	445	393
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization		273	219
Nuclear fuel and other amortization		49	58
Deferred income taxes		275	304
Cost recovery clauses and franchise fees		16	124
Acquisition of purchased power agreement		(259)	0
Recoverable storm-related costs		(90)	(3)
Other - net		137	(15)
Changes in operating assets and liabilities:
Current assets		95	132
Noncurrent assets		(145)	(14)
Current liabilities		81	(77)
Noncurrent liabilities		(42)	(8)
Net cash provided by operating activities		835	1,113
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures of FPL		(1,687)	(1,133)
Nuclear fuel purchases		(79)	(62)
Proceeds from sale or maturity of securities in special use funds		493	530
Purchases of securities in special use funds		(519)	(544)
Other - net		22	20
Net cash used in investing activities		(1,770)	(1,189)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of long-term debt		200	0
Retirements of long-term debt		(35)	(33)
Proceeds from other short-term debt		200	500
Net change in commercial paper		956	494
Dividends		(400)	(900)
Other - net		8	23
Net cash provided by (used in) financing activities		929	84
Net increase (decrease) in cash and cash equivalents		(6)	8
Cash and cash equivalents at beginning of period		33	23
Cash and cash equivalents at end of period		27	31
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES
Accrued property additions		$ 435	$ 363

[1]	Amounts have been retrospectively adjusted. See Note 7 - Stock-Based Compensation.
[2]	FPL's comprehensive income is the same as reported net income.

CONDENSED CONSOLIDATED STATEME8

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (unaudited) - USD ($) shares in Millions, $ 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]
Beginning Balance (in shares) at Dec. 31, 2015			461
Beginning Balance at Dec. 31, 2015	$ 23,112		$ 5	$ 8,596	$ (167)	$ 14,140	[1]	$ 22,574	$ 538
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	654	[1]				653	[1]	653	1
Issuances of common stock, net of issuance cost of less than $1 (in shares)			0
Issuances of common stock, net of issuance cost of less than $1			$ 0	8				8
Share-based payment activity (in shares)			0
Share-based payment activity				14				14
Dividends on common stock						(401)	[1]	(401)
Other comprehensive income (loss)	40	[1]			54			54	(14)
Sale of NEER assets to NEP				27				27	198
Other changes in noncontrolling interests in subsidiaries				0		18	[1]	18	(5)
Ending Balance (in shares) at Mar. 31, 2016			461
Ending Balance at Mar. 31, 2016	$ 23,665		$ 5	8,645	(113)	14,410	[1]	22,947	718
Beginning Balance (in shares) at Dec. 31, 2016	468		468
Beginning Balance at Dec. 31, 2016	$ 25,331		$ 5	8,948	(70)	15,458		24,341	990
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	1,591					1,583		1,583	8
Issuances of common stock, net of issuance cost of less than $1 (in shares)			0
Issuances of common stock, net of issuance cost of less than $1				6				6
Dividends on common stock						(460)		(460)
Other comprehensive income (loss)	$ 41				30			30	11
Other changes in noncontrolling interests in subsidiaries				(3)				(3)	(37)
Ending Balance (in shares) at Mar. 31, 2017	468		468
Ending Balance at Mar. 31, 2017	$ 26,469		$ 5	$ 8,951	$ (40)	$ 16,581		$ 25,497	$ 972

[1]	Amounts have been retrospectively adjusted. See Note 7 - Stock-Based Compensation.

Employee Retirement Benefits

Employee Retirement Benefits	3 Months Ended
Employee Retirement Benefits	Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract]
Employee Retirement Benefits	Employee Retirement Benefits NEE sponsors a qualified noncontributory defined benefit pension plan for substantially all employees of NEE and its subsidiaries and sponsors a contributory postretirement plan for other benefits for retirees of NEE and its subsidiaries meeting certain eligibility requirements. The components of net periodic (income) cost for the plans are as follows: Pension Benefits Postretirement Benefits Three Months Ended Three Months Ended 2017 2016 2017 2016 (millions) Service cost $ 16 $ 16 $ — $ 1 Interest cost 21 26 2 3 Expected return on plan assets (67 ) (65 ) — — Amortization of prior service benefit — — — (1 ) Special termination benefits 1 — — — Net periodic (income) cost at NEE $ (29 ) $ (23 ) $ 2 $ 3 Net periodic (income) cost at FPL $ (18 ) $ (15 ) $ 2 $ 2 Amendments to Presentation of Retirement Benefits - In March 2017, the FASB issued an accounting standards update that requires certain changes in classification of components of net periodic pension and postretirement benefit costs within the income statement and allows only the service cost component to be eligible for capitalization. The standards update will be applied using the retrospective approach for presentation of the components of net periodic pension and postretirement benefit costs and the prospective approach for capitalization of service cost. NEE and FPL anticipate adopting the standards update on January 1, 2018, and are currently evaluating the impact the adoption of this standards update will have on their consolidated financial statements.

Derivative Instruments

Derivative Instruments	3 Months Ended
Derivative Instruments	Mar. 31, 2017
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 commodity price risk inherent in the purchase and sale of fuel and electricity, as well as interest rate and foreign currency exchange rate risk associated primarily with outstanding and expected future debt issuances and borrowings, and to optimize the value of NEER's power generation and gas infrastructure assets. NEE and FPL do not utilize hedge accounting for their cash flow and fair value hedges. With respect to commodities related to NEE's competitive energy business, NEER employs risk management procedures to conduct its activities related to optimizing the value of its power generation and gas infrastructure assets, providing full energy and capacity requirements services primarily to distribution utilities, and engaging in power and gas marketing and trading activities to take advantage of expected future favorable price movements and changes in the expected volatility of prices in the energy markets. These risk management activities involve the use of derivative instruments executed within prescribed limits to manage the risk associated with fluctuating commodity prices. Transactions in derivative instruments are executed on recognized exchanges or via the OTC markets, depending on the most favorable credit terms and market execution factors. For NEER's power generation and gas infrastructure assets, derivative instruments are used to hedge all or a portion of the expected output of these assets. These hedges are designed to reduce the effect of adverse changes in the wholesale forward commodity markets associated with NEER's power generation and gas infrastructure assets. With regard to full energy and capacity requirements services, NEER is required to vary the quantity of energy and related services based on the load demands of the customers served. For this type of transaction, derivative instruments are used to hedge the anticipated electricity quantities required to serve these customers and reduce the effect of unfavorable changes in the forward energy markets. Additionally, NEER takes positions in energy markets based on differences between actual forward market levels and management's view of fundamental market conditions, including supply/demand imbalances, changes in traditional flows of energy, changes in short- and long-term weather patterns and anticipated regulatory and legislative outcomes. NEER uses derivative instruments to realize value from these market dislocations, subject to strict risk management limits around market, operational and credit exposure. Derivative instruments, when required to be marked to market, are recorded on NEE's and FPL's condensed consolidated balance sheets as either an asset or liability measured at fair value. At FPL, substantially all changes in the derivatives' fair value are deferred as a regulatory asset or liability until the contracts are settled, and, upon settlement, any gains or losses are passed through the fuel clause. For NEE's non-rate regulated operations, predominantly NEER, essentially all changes in the derivatives' fair value for power purchases and sales, fuel sales and trading activities are recognized on a net basis in operating revenues; fuel purchases used in the production of electricity are recognized in fuel, purchased power and interchange expense; and the equity method investees' related activity is recognized in equity in earnings of equity method investees in NEE's condensed consolidated statements of income. Settlement gains and losses are included within the line items in the condensed consolidated statements of income to which they relate. Transactions for which physical delivery is deemed not to have occurred are presented on a net basis in the condensed consolidated statements of income. For commodity derivatives, NEE believes that, where offsetting positions exist at the same location for the same time, the transactions are considered to have been netted and therefore physical delivery has been deemed not to have occurred for financial reporting purposes. Settlements related to derivative instruments are primarily recognized in net cash provided by operating activities in NEE's and FPL's condensed consolidated statements of cash flows. For interest rate and foreign currency derivative instruments, all changes in the derivatives' fair value, as well as the transaction gain or loss on foreign denominated debt, are recognized in interest expense in NEE's condensed consolidated statements of income. In addition, for the three months ended March 31, 2017 and 2016 , NEE reclassified approximately $2 million ( $1 million after-tax) and $14 million ( $9 million after tax), respectively, from AOCI to interest expense primarily because it became probable that related future transactions being hedged would not occur. At March 31, 2017 , NEE's AOCI included amounts related to the discontinued interest rate cash flow hedges with expiration dates through March 2035 and foreign currency cash flow hedges with expiration dates through September 2030. Approximately $76 million of net losses included in AOCI at March 31, 2017 is expected to be reclassified into earnings within the next 12 months as the principal and/or interest payments are made. Such amounts assume no change in scheduled principal payments. Fair Value of Derivative Instruments - The tables below present NEE's and FPL's gross derivative positions at March 31, 2017 and December 31, 2016 , as required by disclosure rules. However, the majority of the underlying contracts are subject to master netting agreements and generally would not be contractually settled on a gross basis. Therefore, the tables below also present the derivative positions on a net basis, which reflect the offsetting of positions of certain transactions within the portfolio, the contractual ability to settle contracts under master netting arrangements and the netting of margin cash collateral (see Note 3 - Recurring Fair Value Measurements for netting information), as well as the location of the net derivative position on the condensed consolidated balance sheets. March 31, 2017 Gross Basis Net Basis Assets Liabilities Assets Liabilities (millions) NEE: Commodity contracts $ 4,539 $ 2,863 $ 1,877 $ 429 Interest rate contracts 258 290 262 294 Foreign currency contracts 1 80 1 80 Total fair values $ 4,798 $ 3,233 $ 2,140 $ 803 FPL: Commodity contracts $ 84 $ 7 $ 82 $ 5 Net fair value by NEE balance sheet line item: Current derivative assets (a) $ 678 Noncurrent derivative assets (b) 1,462 Current derivative liabilities $ 330 Noncurrent derivative liabilities 473 Total derivatives $ 2,140 $ 803 Net fair value by FPL balance sheet line item: Current derivative assets $ 82 Current other liabilities $ 4 Noncurrent other liabilities 1 Total derivatives $ 82 $ 5 ——————————————— (a) Reflects the netting of approximately $158 million in margin cash collateral received from counterparties. (b) Reflects the netting of approximately $70 million in margin cash collateral received from counterparties. December 31, 2016 Gross Basis Net Basis Assets Liabilities Assets Liabilities (millions) NEE: Commodity contracts $ 4,590 $ 2,968 $ 1,938 $ 483 Interest rate contracts 288 284 296 292 Foreign currency contracts 1 106 1 106 Total fair values $ 4,879 $ 3,358 $ 2,235 $ 881 FPL: Commodity contracts $ 212 $ 4 $ 209 $ 1 Net fair value by NEE balance sheet line item: Current derivative assets (a) $ 885 Noncurrent derivative assets (b) 1,350 Current derivative liabilities $ 404 Noncurrent derivative liabilities 477 Total derivatives $ 2,235 $ 881 Net fair value by FPL balance sheet line item: Current derivative assets $ 209 Current other liabilities $ 1 Total derivatives $ 209 $ 1 ——————————————— (a) Reflects the netting of approximately $96 million in margin cash collateral received from counterparties. (b) Reflects the netting of approximately $71 million in margin cash collateral received from counterparties. At March 31, 2017 and December 31, 2016 , NEE had approximately $157 million and $5 million ( none at FPL), respectively, in margin cash collateral received from counterparties that was not offset against derivative assets in the above presentation. These amounts are included in current other liabilities on NEE's condensed consolidated balance sheets. Additionally, at March 31, 2017 and December 31, 2016 , NEE had approximately $20 million and $129 million ( none at FPL), respectively, in margin cash collateral paid to counterparties that was not offset against derivative assets or liabilities in the above presentation. These amounts are included in current other assets on NEE's condensed consolidated balance sheets. Income Statement Impact of Derivative Instruments - Gains (losses) related to NEE's derivatives are recorded in NEE's condensed consolidated statements of income as follows: Three Months Ended 2017 2016 (millions) Commodity contracts: (a) Operating revenues $ 291 $ 330 Fuel, purchased power and interchange — 2 Foreign currency contracts - interest expense 21 30 Foreign currency contracts - other - net (1 ) — Interest rate contracts - interest expense (45 ) (179 ) Losses reclassified from AOCI to interest expense: Interest rate contracts (10 ) (28 ) Foreign currency contracts (3 ) (3 ) Total $ 253 $ 152 ——————————————— (a) For the three months ended March 31, 2017 and 2016 , FPL recorded losses of approximately $104 million and $108 million , respectively, related to commodity contracts as regulatory assets 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 their hedges, nor do they represent NEE’s and FPL’s net economic exposure, but only the net notional derivative positions that fully or partially hedge the related asset positions. NEE and FPL had derivative commodity contracts for the following net notional volumes: March 31, 2017 December 31, 2016 Commodity Type NEE FPL NEE FPL (millions) Power (80 ) MWh — (84 ) MWh — Natural gas 969 MMBtu 638 MMBtu 1,002 MMBtu 618 MMBtu Oil (12 ) barrels — (7 ) barrels — At March 31, 2017 and December 31, 2016 , NEE had interest rate contracts with notional amounts totaling approximately $15.4 billion and $15.1 billion , respectively, and foreign currency contracts with notional amounts totaling approximately $716 million and $705 million , respectively. Credit - Risk - Related Contingent Features - Certain derivative instruments contain credit-risk-related contingent features including, among other things, the requirement to maintain an investment grade credit rating from specified credit rating agencies and certain financial ratios, as well as credit-related cross-default and material adverse change triggers. At March 31, 2017 and December 31, 2016 , the aggregate fair value of NEE's derivative instruments with credit-risk-related contingent features that were in a liability position was approximately $1.2 billion ( $6 million for FPL) and $1.3 billion ( $5 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 two 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 $75 million ( none at FPL ) as of March 31, 2017 and $110 million ( none at FPL) as of December 31, 2016 . 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 $960 million ( $5 million at FPL) as of March 31, 2017 and $990 million ( $10 million at FPL) as of December 31, 2016 . 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 $220 million ( $120 million at FPL) as of March 31, 2017 and $225 million ( $115 million at FPL) as of December 31, 2016 . Collateral related to derivatives may be posted in the form of cash or credit support in the normal course of business. At March 31, 2017 and December 31, 2016 , applicable NEE subsidiaries have posted approximately $2 million ( none at FPL) and $1 million ( none at FPL), respectively, in cash and $43 million ( none at FPL) and $30 million ( none at FPL), respectively, in the form of letters of credit each of which could be applied toward the collateral requirements described above. FPL and NEECH have 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 where a counterparty may demand additional collateral based on subjective events and/or conditions. Due to the subjective nature of these provisions, NEE and FPL are unable to determine an exact value for these items and they are not included in any of the quantitative disclosures above.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
Fair Value Measurements	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The fair value of assets and liabilities are determined using either unadjusted quoted prices in active markets (Level 1) or pricing inputs that are observable (Level 2) whenever that information is available and using unobservable inputs (Level 3) to estimate fair value only when relevant observable inputs are not available. NEE and FPL use several different valuation techniques to measure the fair value of assets and liabilities, relying primarily on the market approach of using prices and other market information for identical and/or comparable assets and liabilities for those assets and liabilities that are measured at fair value on a recurring basis. NEE's and FPL's assessment of the significance of any particular input to the fair value measurement requires judgment and may affect placement within the fair value hierarchy levels. Non-performance risk, including the consideration of a credit valuation adjustment, is also considered in the determination of fair value for all assets and liabilities measured at fair value. Cash Equivalents and Restricted Cash - NEE and FPL hold investments in money market funds. The fair value of these funds is estimated using a market approach based on current observable market prices. Special Use Funds and Other Investments - NEE and FPL hold primarily debt and equity securities directly, as well as indirectly through commingled funds. Substantially all directly held equity securities are valued at their quoted market prices. For directly held debt securities, multiple prices and price types are obtained from pricing vendors whenever possible, which enables cross-provider validations. A primary price source is identified based on asset type, class or issue of each security. Commingled funds, which are similar to mutual funds, are maintained by banks or investment companies and hold certain investments in accordance with a stated set of objectives. The fair value of commingled funds is primarily derived from the quoted prices in active markets of the underlying securities. Because the fund shares are offered to a limited group of investors, they are not considered to be traded in an active market. Derivative Instruments - NEE and FPL measure the fair value of commodity contracts using a combination of market and income approaches utilizing prices observed on commodities exchanges and in the OTC markets, or through the use of industry-standard valuation techniques, such as option modeling or discounted cash flows techniques, incorporating both observable and unobservable valuation inputs. The resulting measurements are the best estimate of fair value as represented by the transfer of the asset or liability through an orderly transaction in the marketplace at the measurement date. Most exchange-traded derivative assets and liabilities are valued directly using unadjusted quoted prices. For exchange-traded derivative assets and liabilities where the principal market is deemed to be inactive based on average daily volumes and open interest, the measurement is established using settlement prices from the exchanges, and therefore considered to be valued using other observable inputs. NEE, through its subsidiaries, including FPL, also enters into OTC commodity contract derivatives. The majority of these contracts are transacted at liquid trading points, and the prices for these contracts are verified using quoted prices in active markets from exchanges, brokers or pricing services for similar contracts. NEE, through NEER, also enters into full requirements contracts, which, in most cases, meet the definition of derivatives and are measured at fair value. These contracts typically have one or more inputs that are not observable and are significant to the valuation of the contract. In addition, certain exchange and non-exchange traded derivative options at NEE have one or more significant inputs that are not observable, and are valued using industry-standard option models. In all cases where NEE and FPL use significant unobservable inputs for the valuation of a commodity contract, consideration is given to the assumptions that market participants would use in valuing the asset or liability. The primary input to the valuation models for commodity contracts is the forward commodity curve for the respective instruments. Other inputs include, but are not limited to, assumptions about market liquidity, volatility, correlation and contract duration as more fully described below in Significant Unobservable Inputs Used in Recurring Fair Value Measurements. In instances where the reference markets are deemed to be inactive or do not have transactions for a similar contract, the derivative assets and liabilities may be valued using significant other observable inputs and potentially significant unobservable inputs. In such instances, the valuation for these contracts is established using techniques including extrapolation from or interpolation between actively traded contracts, or estimated basis adjustments from liquid trading points. NEE and FPL regularly evaluate and validate the inputs used to determine fair value by a number of methods, consisting of various market price verification procedures, including the use of pricing services and multiple broker quotes to support the market price of the various commodities. In all cases where there are assumptions and models used to generate inputs for valuing derivative assets and liabilities, the review and verification of the assumptions, models and changes to the models are undertaken by individuals that are independent of those responsible for estimating fair value. NEE uses interest rate contracts and foreign currency contracts to mitigate and adjust interest rate and foreign currency exchange exposure related primarily to certain outstanding and expected future debt issuances and borrowings when deemed appropriate based on market conditions or when required by financing agreements. NEE estimates the fair value of these derivatives using an income approach based on a discounted cash flows valuation technique utilizing the net amount of estimated future cash inflows and outflows related to the agreements. Recurring Fair Value Measurements - NEE's and FPL's financial assets and liabilities and other fair value measurements made on a recurring basis by fair value hierarchy level are as follows: March 31, 2017 Level 1 Level 2 Level 3 Netting (a) Total (millions) Assets: Cash equivalents and restricted cash: (b) NEE - equity securities $ 307 $ — $ — $ 307 FPL - equity securities $ 87 $ — $ — $ 87 Special use funds: (c) NEE: Equity securities $ 1,482 $ 1,578 (d) $ — $ 3,060 U.S. Government and municipal bonds $ 328 $ 162 $ — $ 490 Corporate debt securities $ 1 $ 796 $ — $ 797 Mortgage-backed securities $ — $ 479 $ — $ 479 Other debt securities $ — $ 115 $ — $ 115 FPL: Equity securities $ 386 $ 1,440 (d) $ — $ 1,826 U.S. Government and municipal bonds $ 245 $ 134 $ — $ 379 Corporate debt securities $ — $ 575 $ — $ 575 Mortgage-backed securities $ — $ 368 $ — $ 368 Other debt securities $ — $ 102 $ — $ 102 Other investments: NEE: Equity securities $ 23 $ 10 $ — $ 33 Debt securities $ 6 $ 138 $ — $ 144 Derivatives: NEE: Commodity contracts $ 1,504 $ 1,772 $ 1,263 $ (2,662 ) $ 1,877 (e) Interest rate contracts $ — $ 254 $ 4 $ 4 $ 262 (e) Foreign currency contracts $ — $ 1 $ — $ — $ 1 (e) FPL - commodity contracts $ — $ 83 $ 1 $ (2 ) $ 82 (e) Liabilities: Derivatives: NEE: Commodity contracts $ 1,398 $ 1,028 $ 437 $ (2,434 ) $ 429 (e) Interest rate contracts $ — $ 175 $ 115 $ 4 $ 294 (e) Foreign currency contracts $ — $ 80 $ — $ — $ 80 (e) FPL - commodity contracts $ — $ 2 $ 5 $ (2 ) $ 5 (e) ——————————————— (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) Includes restricted cash of approximately $135 million ( $87 million for FPL) in other current assets on the condensed consolidated balance sheets. (c) Excludes investments accounted for under the equity method and loans not measured at fair value on a recurring basis. See Fair Value of Financial Instruments Recorded at Other than Fair Value below. (d) Primarily invested in commingled funds whose underlying securities would be Level 1 if those securities were held directly by NEE or FPL. (e) See Note 2 - Fair Value of Derivative Instruments for a reconciliation of net derivatives to NEE's and FPL's condensed consolidated balance sheets. December 31, 2016 Level 1 Level 2 Level 3 Netting (a) Total (millions) Assets: Cash equivalents and restricted cash: (b) NEE - equity securities $ 982 $ — $ — $ 982 FPL - equity securities $ 120 $ — $ — $ 120 Special use funds: (c) NEE: Equity securities $ 1,410 $ 1,503 (d) $ — $ 2,913 U.S. Government and municipal bonds $ 296 $ 170 $ — $ 466 Corporate debt securities $ 1 $ 763 $ — $ 764 Mortgage-backed securities $ — $ 498 $ — $ 498 Other debt securities $ — $ 81 $ — $ 81 FPL: Equity securities $ 373 $ 1,372 (d) $ — $ 1,745 U.S. Government and municipal bonds $ 221 $ 141 $ — $ 362 Corporate debt securities $ — $ 547 $ — $ 547 Mortgage-backed securities $ — $ 384 $ — $ 384 Other debt securities $ — $ 70 $ — $ 70 Other investments: NEE: Equity securities $ 26 $ 9 $ — $ 35 Debt securities $ 8 $ 153 $ — $ 161 Derivatives: NEE: Commodity contracts $ 1,563 $ 1,827 $ 1,200 $ (2,652 ) $ 1,938 (e) Interest rate contracts $ — $ 285 $ 3 $ 8 $ 296 (e) Foreign currency contracts $ — $ 1 $ — $ — $ 1 (e) FPL - commodity contracts $ — $ 208 $ 4 $ (3 ) $ 209 (e) Liabilities: Derivatives: NEE: Commodity contracts $ 1,476 $ 980 $ 512 $ (2,485 ) $ 483 (e) Interest rate contracts $ — $ 171 $ 113 $ 8 $ 292 (e) Foreign currency contracts $ — $ 106 $ — $ — $ 106 (e) FPL - commodity contracts $ — $ 1 $ 3 $ (3 ) $ 1 (e) ——————————————— (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) Includes restricted cash of approximately $164 million ( $120 million for FPL) in other current assets on the condensed consolidated balance sheets. (c) Excludes investments accounted for under the equity method and loans not measured at fair value on a recurring basis. See Fair Value of Financial Instruments Recorded at Other than Fair Value below. (d) Primarily invested in commingled funds whose underlying securities would be Level 1 if those securities were held directly by NEE or FPL. (e) See Note 2 - Fair Value of Derivative Instruments for a reconciliation of net derivatives to NEE's and FPL's condensed consolidated balance sheets. Significant Unobservable Inputs Used in Recurring Fair Value Measurements - The valuation of certain commodity contracts requires the use of significant unobservable inputs. All forward price, implied volatility, implied correlation and interest rate inputs used in the valuation of such contracts are directly based on third-party market data, such as broker quotes and exchange settlements, when that data is available. If third-party market data is not available, then industry standard methodologies are used to develop inputs that maximize the use of relevant observable inputs and minimize the use of unobservable inputs. Observable inputs, including some forward prices, implied volatilities and interest rates used for determining fair value are updated daily to reflect the best available market information. Unobservable inputs which are related to observable inputs, such as illiquid portions of forward price or volatility curves, are updated daily as well, using industry standard techniques such as interpolation and extrapolation, combining observable forward inputs supplemented by historical market and other relevant data. Other unobservable inputs, such as implied correlations, 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. All price, volatility, correlation and customer migration inputs used in valuation are subject to validation by the Trading Risk Management group. The Trading Risk Management group performs a risk management function responsible for assessing credit, market and operational risk impact, reviewing valuation methodology and modeling, confirming transactions, monitoring approval processes and developing and monitoring trading limits. The Trading Risk Management group is separate from the transacting group. For markets where independent third-party data is readily available, validation is conducted daily by directly reviewing this market data against inputs utilized by the transacting group, and indirectly by reviewing daily risk reports. For markets where independent third-party data is not readily available, additional analytical reviews are performed on at least a quarterly basis. These analytical reviews are designed to ensure that all price and volatility curves used for fair valuing transactions are adequately validated each quarter, and are reviewed and approved by the Trading Risk Management group. In addition, other valuation assumptions such as implied correlations and customer migration rates are reviewed and approved by the Trading Risk Management group on a periodic basis. Newly created models used in the valuation process are also subject to testing and approval by the Trading Risk Management group prior to use and established models are reviewed annually, or more often as needed, by the Trading Risk Management group. On a monthly basis, the Exposure Management Committee (EMC), which is comprised of certain members of senior management, meets with representatives from the Trading Risk Management group and the transacting group to discuss NEE's and FPL's energy risk profile and operations, to review risk reports and to discuss fair value issues as necessary. The EMC develops guidelines required for an appropriate risk management control infrastructure, which includes implementation and monitoring of compliance with Trading Risk Management policy. The EMC executes its risk management responsibilities through direct oversight and delegation of its responsibilities to the Trading Risk Management group, as well as to other corporate and business unit personnel. The significant unobservable inputs used in the valuation of NEE's commodity contracts categorized as Level 3 of the fair value hierarchy at March 31, 2017 are as follows: Transaction Type Fair Value at March 31, 2017 Valuation Technique(s) Significant Unobservable Inputs Range Assets Liabilities (millions) Forward contracts - power $ 737 $ 214 Discounted cash flow Forward price (per MWh) $— — $84 Forward contracts - gas 28 11 Discounted cash flow Forward price (per MMBtu) $2 — $6 Forward contracts - other commodity related 2 1 Discounted cash flow Forward price (various) $(16) — $55 Options - power 46 18 Option models Implied correlations 1% — 100% Implied volatilities 8% — 264% Options - primarily gas 156 166 Option models Implied correlations 1% — 100% Implied volatilities 1% — 95% Full requirements and unit contingent contracts 294 27 Discounted cash flow Forward price (per MWh) $(20) — $203 Customer migration rate (a) —% — 20% Total $ 1,263 $ 437 ——————————————— (a) Applies only to full requirements contracts. The sensitivity of NEE's fair value measurements to increases (decreases) in the significant unobservable inputs is as follows: Significant Unobservable Input Position Impact on Fair Value Measurement Forward price Purchase power/gas Increase (decrease) Sell power/gas Decrease (increase) Implied correlations Purchase option Decrease (increase) Sell option Increase (decrease) Implied volatilities Purchase option Increase (decrease) Sell option Decrease (increase) Customer migration rate Sell power (a) Decrease (increase) ——————————————— (a) Assumes the contract is in a gain position. In addition, the fair value measurement of interest rate contract net liabilities related to the solar projects in Spain of approximately $111 million at March 31, 2017 includes a significant credit valuation adjustment. The credit valuation adjustment, considered an unobservable input, reflects management's assessment of non-performance risk of the subsidiaries related to the solar projects in Spain that are party to the contracts. The reconciliation of changes in the fair value of derivatives that are based on significant unobservable inputs is as follows: Three Months Ended March 31, 2017 2016 NEE FPL NEE FPL (millions) Fair value of net derivatives based on significant unobservable inputs at December 31 of prior period $ 578 $ 1 $ 538 $ — Realized and unrealized gains (losses): Included in earnings (a) 216 — 254 — Included in other comprehensive income (b) (1 ) — (6 ) — Included in regulatory assets and liabilities (2 ) (2 ) (3 ) (3 ) Purchases 21 — 100 — Settlements (85 ) (3 ) (133 ) (5 ) Issuances (16 ) — (74 ) — Transfers in (c) 9 — 3 — Transfers out (c) (5 ) — (30 ) — Fair value of net derivatives based on significant unobservable inputs at March 31 $ 715 $ (4 ) $ 649 $ (8 ) The amount of gains (losses) for the period included in earnings attributable to the change in unrealized gains (losses) relating to derivatives still held at the reporting date (d) $ 141 $ — $ 196 $ — ——————————————— (a) For the three months ended March 31, 2017 and 2016 , realized and unrealized gains of approximately $215 million and $274 million , respectively, are reflected in the condensed consolidated statements of income in operating revenues and the balance is primarily reflected in interest expense. (b) Reflected in net unrealized gains on foreign currency translation on the condensed consolidated statements of comprehensive income. (c) Transfers into Level 3 were a result of decreased observability of market data and transfers from Level 3 to Level 2 were a result of increased observability of market data. NEE's and FPL's policy is to recognize all transfers at the beginning of the reporting period. (d) For the three months ended March 31, 2017 and 2016 , unrealized gains of approximately $141 million and $216 million , respectively, are reflected in the condensed consolidated statements of income in operating revenues and the balance is reflected in interest expense. Fair Value of Financial Instruments Recorded at Other than Fair Value - The carrying amounts of commercial paper and other short-term debt approximate their fair values. The carrying amounts and estimated fair values of other financial instruments recorded at other than fair value are as follows: March 31, 2017 December 31, 2016 Carrying Amount Estimated Fair Value Carrying Amount Estimated Fair Value (millions) NEE: Special use funds (a) $ 684 $ 684 $ 712 $ 712 Other investments - primarily notes receivable $ 512 $ 682 (b) $ 526 $ 668 (b) Long-term debt, including current maturities $ 31,299 $ 32,820 (d) $ 30,418 (c) $ 31,623 (c)(d) FPL: Special use funds (a) $ 530 $ 530 $ 557 $ 557 Long-term debt, including current maturities $ 10,556 $ 11,703 (d) $ 10,072 $ 11,211 (d) ——————————————— (a) Primarily represents investments accounted for under the equity method and loans not measured at fair value on a recurring basis. (b) Primarily classified as held to maturity. Fair values are primarily estimated using an income approach utilizing a discounted cash flow valuation technique based on certain observable yield curves and indices considering the credit profile of the borrower (Level 3). Notes receivable bear interest primarily at fixed rates and mature by 2029. Notes receivable are considered impaired and placed in non-accrual status when it becomes probable that all amounts due cannot be collected in accordance with the contractual terms of the agreement. The assessment to place notes receivable in non-accrual status considers various credit indicators, such as credit ratings and market-related information. (c) Excludes debt totaling $373 million reflected in liabilities associated with assets held for sale on NEE's condensed consolidated balance sheet for which the carrying amount approximates fair value. See Note 9 - Assets and Liabilities Associated with Assets Held for Sale. (d) As of March 31, 2017 and December 31, 2016 , for NEE, approximately $30,910 million and $29,804 million , respectively, is estimated using a market approach based on quoted market prices for the same or similar issues (Level 2); the balance is estimated using an income approach utilizing a discounted cash flow valuation technique, considering the current credit profile of the debtor (Level 3). For FPL, primarily estimated using quoted market prices for the same or similar issues (Level 2). Special Use Funds - The special use funds noted above and those carried at fair value (see Recurring Fair Value Measurements above) consist of NEE's nuclear decommissioning fund assets of $5,625 million and $5,434 million at March 31, 2017 and December 31, 2016 , respectively ( $3,780 million and $3,665 million , respectively, for FPL). The investments held in the special use funds consist of equity and debt securities which are primarily classified as available for sale and carried at estimated fair value. The amortized cost of debt and equity securities is approximately $1,878 million and $1,556 million , respectively, at March 31, 2017 and $1,820 million and $1,543 million , respectively, at December 31, 2016 ( $1,423 million and $743 million , respectively, at March 31, 2017 and $1,373 million and $764 million , respectively, at December 31, 2016 for FPL). For FPL's special use funds, consistent with regulatory treatment, changes in fair value, including any other than temporary impairment losses, result in a corresponding adjustment to the related regulatory liability accounts. For NEE's non-rate regulated operations, changes in fair value result in a corresponding adjustment to OCI, except for unrealized losses associated with marketable securities considered to be other than temporary, including any credit losses, which are recognized as other than temporary impairment losses on securities held in nuclear decommissioning funds and included in other - net in NEE's condensed consolidated statements of income. Debt securities included in the nuclear decommissioning funds have a weighted-average maturity at March 31, 2017 of approximately nine years at both NEE and FPL. The cost of securities sold is determined using the specific identification method. Realized gains and losses and proceeds from the sale or maturity of available for sale securities are as follows: NEE FPL Three Months Ended Three Months Ended 2017 2016 2017 2016 (millions) Realized gains $ 55 $ 22 $ 13 $ 10 Realized losses $ 29 $ 18 $ 19 $ 10 Proceeds from sale or maturity of securities $ 626 $ 701 $ 441 $ 530 The unrealized gains on available for sale securities are as follows: NEE FPL March 31, 2017 December 31, 2016 March 31, 2017 December 31, 2016 (millions) Equity securities $ 1,509 $ 1,396 $ 1,087 $ 1,007 Debt securities $ 27 $ 22 $ 21 $ 17 The unrealized losses on available for sale debt securities and the fair value of available for sale debt securities in an unrealized loss position are as follows: NEE FPL March 31, 2017 December 31, 2016 March 31, 2017 December 31, 2016 (millions) Unrealized losses (a) $ 24 $ 34 $ 20 $ 28 Fair value $ 839 $ 959 $ 647 $ 722 ——————————————— (a) Unrealized losses on available for sale debt securities in an unrealized loss position for greater than twelve months at March 31, 2017 and December 31, 2016 were not material to NEE or FPL. Regulations issued by the FERC and the NRC provide general risk management guidelines to protect nuclear decommissioning funds and to allow such funds to earn a reasonable return. The FERC regulations prohibit, among other investments, investments in any securities of NEE or its subsidiaries, affiliates or associates, excluding investments tied to market indices or mutual funds. Similar restrictions applicable to the decommissioning funds for NEER's nuclear plants are included in the NRC operating licenses for those facilities or in NRC regulations applicable to NRC licensees not in cost-of-service environments. With respect to the decommissioning fund for Seabrook, decommissioning fund contributions and withdrawals are also regulated by the New Hampshire Nuclear Decommissioning Financing Committee pursuant to New Hampshire law. The nuclear decommissioning reserve funds are managed by investment managers who must comply with the guidelines of NEE and FPL and the rules of the applicable regulatory authorities. The funds' assets are invested giving consideration to taxes, liquidity, risk, diversification and other prudent investment objectives.

Income Taxes

Income Taxes	3 Months Ended
Income Taxes	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes NEE's effective income tax rates for the three months ended March 31, 2017 and 2016 were approximately 30% and 27% , respectively. The 2016 effective tax rate was retrospectively adjusted as discussed in Note 7 - Stock-Based Compensation. The rates for both periods reflect the benefit of PTCs of approximately $ 28 million and $ 42 million , respectively, related to NEER's wind projects, as well as ITCs and deferred income taxes associated with grants under the Recovery Act (convertible ITCs) totaling approximately $ 128 million and $ 37 million , respectively, related to solar and certain wind projects at NEER. NEE recognizes PTCs as wind energy is generated and sold based on a per kWh rate prescribed in applicable federal and state statutes, which may differ significantly from amounts computed, on a quarterly basis, using an overall effective income tax rate anticipated for the full year. NEE uses this method of recognizing PTCs for specific reasons, including that PTCs are an integral part of the financial viability of most wind projects and a fundamental component of such wind projects' results of operations. PTCs, as well as ITCs and deferred income taxes associated with convertible ITCs, can significantly affect NEE's effective income tax rate depending on the amount of pretax income. The amount of PTCs recognized can be significantly affected by wind generation and by the roll off of PTCs after ten years of production (PTC roll off).

Pending Business Acquisitions

Pending Business Acquisitions	3 Months Ended
Pending Business Acquisitions	Mar. 31, 2017
Business Combinations [Abstract]
Pending Business Acquisitions	Pending Business Acquisitions From July 2016 through October 2016, NEE and certain of its affiliates entered into several agreements with Energy Future Holdings Corp. (EFH), Texas Transmission Holdings Corporation (TTHC), Oncor Management Investment LLC (OMI) and certain of their affiliates, which when combined would result in NEE owning 100% of Oncor Electric Delivery Company LLC (Oncor). The agreements with EFH and TTHC were subject to, among other things, approval by the Public Utility Commission of Texas (PUCT). On April 13, 2017, the PUCT voted that the transactions by which NEE would acquire all equity interests in Oncor are not in the public interest. NEE expects to file a motion for rehearing with the PUCT.

Variable Interest Entities (VIE

Variable Interest Entities (VIEs)	3 Months Ended
Variable Interest Entities (VIEs)	Mar. 31, 2017
Variable Interest Entities [Abstract]
Variable Interest Entities (VIEs)	Variable Interest Entities (VIEs) As of March 31, 2017 , NEE had thirty-three VIEs which it consolidated and had interests in certain other VIEs which it did not consolidate. FPL - FPL is considered the primary beneficiary of, and therefore consolidates, a VIE that is a wholly owned bankruptcy remote special purpose subsidiary that it formed in 2007 for the sole purpose of issuing storm-recovery bonds pursuant to the securitization provisions of the Florida Statutes and a financing order of the FPSC. FPL is considered the primary beneficiary because FPL has the power to direct the significant activities of the VIE, and its equity investment, which is subordinate to the bondholder's interest in the VIE, is at risk. Storm restoration costs incurred by FPL during 2005 and 2004 exceeded the amount in FPL's funded storm and property insurance reserve, resulting in a storm reserve deficiency. In 2007, the VIE issued $ 652 million aggregate principal amount of senior secured bonds (storm-recovery bonds), primarily for the after-tax equivalent of the total of FPL's unrecovered balance of the 2004 storm restoration costs, the 2005 storm restoration costs and to reestablish FPL's storm and property insurance reserve. In connection with this financing, net proceeds, after debt issuance costs, to the VIE (approximately $ 644 million ) were used to acquire the storm-recovery property, which includes the right to impose, collect and receive a storm-recovery charge from all customers receiving electric transmission or distribution service from FPL under rate schedules approved by the FPSC or under special contracts, certain other rights and interests that arise under the financing order issued by the FPSC and certain other collateral pledged by the VIE that issued the bonds. The storm-recovery bonds are payable only from and are secured by the storm-recovery property. The bondholders have no recourse to the general credit of FPL. The assets of the VIE were approximately $ 177 million and $ 216 million at March 31, 2017 and December 31, 2016 , respectively, and consisted primarily of storm-recovery property, which are included in both current and noncurrent regulatory assets on NEE's and FPL's condensed consolidated balance sheets. The liabilities of the VIE were approximately $ 177 million and $ 214 million at March 31, 2017 and December 31, 2016 , respectively, and consisted primarily of storm-recovery bonds, which are included in long-term debt on NEE's and FPL's condensed consolidated balance sheets. NEER - NEE consolidates thirty-two NEER VIEs. NEER is considered the primary beneficiary of these VIEs since NEER controls the most significant activities of these VIEs, including operations and maintenance, as well as construction, and has the obligation to absorb expected losses of these VIEs. A subsidiary of NEER is the primary beneficiary of, and therefore consolidates, NEP, which consolidates NEP OpCo because of NEP’s controlling interest in the general partner of NEP OpCo. NEP is a limited partnership formed to acquire, manage and own contracted clean energy projects with stable, long-term cash flows through a limited partner interest in NEP OpCo. NEE owns a controlling non-economic general partner interest in NEP and a limited partner interest in NEP OpCo, and presents NEP's limited partner interest as a noncontrolling interest in NEE's consolidated financial statements. At March 31, 2017 , NEE owned common units of NEP OpCo representing noncontrolling interest in NEP’s operating projects of approximately 65.2% . The assets and liabilities of NEP were approximately $ 7.1 billion and $ 4.9 billion , respectively, at March 31, 2017 , and $ 7.2 billion and $ 5.0 billion , respectively, at December 31, 2016 , and primarily consisted of property, plant and equipment and long-term debt. A NEER VIE consolidates two entities which own and operate natural gas/oil electric generation facilities with the capability of producing 110 MW. These entities sell their electric output under power sales contracts to a third party, with expiration dates in 2018 and 2020 . The power sales contracts provide the offtaker the ability to dispatch the facilities and require the offtaker to absorb the cost of fuel. The entities have third-party debt which is secured by liens against the generation facilities and the other assets of these entities. The debt holders have no recourse to the general credit of NEER for the repayment of debt. The assets and liabilities of the VIE were approximately $ 87 million and $ 34 million , respectively, at March 31, 2017 and $ 95 million and $ 42 million , respectively, at December 31, 2016 , and consisted primarily of property, plant and equipment and long-term debt. Two indirect subsidiaries of NEER each contributed, to a NEP subsidiary, an approximately 50 % ownership interest in three entities which own and operate solar PV facilities with the capability of producing a total of approximately 277 MW. Each of the two indirect subsidiaries of NEER is considered a VIE since the non-managing members have no substantive rights over the managing members, and is consolidated by NEER. These three entities sell their electric output to third parties under power sales contracts with expiration dates in 2035 and 2036 . The three 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 NEER for the repayment of debt. The assets and liabilities of these VIEs were approximately $ 567 million and $ 488 million , respectively, at March 31, 2017 and $ 571 million and $ 487 million , respectively, at December 31, 2016 , and consisted primarily of property, plant and equipment and long-term debt. NEER consolidates a special purpose entity that has insufficient equity at risk and is considered a VIE. The entity provided a loan in the form of a note receivable (see Note 3 - Fair Value of Financial Instruments Recorded at Other than Fair Value) to an unrelated third party, and also issued senior secured bonds which are collateralized by the note receivable. The assets and liabilities of the VIE were approximately $ 513 million and $ 499 million , respectively, at March 31, 2017 , and $ 502 million and $ 511 million , respectively at December 31, 2016 , and consisted primarily of notes receivables (included in other investments) and long-term debt. The other twenty-seven NEER VIEs that are consolidated relate to certain subsidiaries which have sold differential membership interests in entities which own and operate wind electric generation and solar PV facilities with the capability of producing a total of approximately 6,847 MW and 374 MW, respectively. These entities sell their electric output either under power sales contracts to third parties with expiration dates ranging from 2018 through 2046 or in the spot market. Certain investors that have no equity at risk in the VIEs hold differential membership interests, which give them the right to receive a portion of the economic attributes of the generation facilities, including certain tax attributes. Certain entities have third-party debt which is secured by liens against the generation facilities and the other assets of these entities or by pledges of NEER's 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 $ 10.9 billion and $ 5.9 billion , respectively, at March 31, 2017 and $ 10.9 billion and $ 6.9 billion , respectively, at December 31, 2016 . At March 31, 2017 and December 31, 2016 , the assets and liabilities of the VIEs consisted primarily of property, plant and equipment, deferral related to differential membership interests and long-term debt. Other - As of March 31, 2017 and December 31, 2016 , several NEE subsidiaries had investments totaling approximately $2,596 million ( $2,130 million at FPL) and $2,505 million ( $2,049 million at FPL), respectively, which are included in special use funds and other investments on NEE's condensed consolidated balance sheets and in special use funds on FPL's condensed consolidated balance sheets. These investments represented primarily commingled funds and mortgage-backed securities. NEE subsidiaries, including FPL, are not the primary beneficiary 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. These entities are limited partnerships or similar entity structures in which the limited partners or nonmanaging members do not have substantive rights, 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 $226 million and $234 million at March 31, 2017 and December 31, 2016, respectively, which are included in other investments on NEE’s condensed consolidated balance sheets. Subsidiaries of NEE had committed to invest an additional approximately $30 million in two of the entities as of March 31, 2017 and December 31, 2016 .

Common Shareholders' Equity

Common Shareholders' Equity	3 Months Ended
Common Shareholders' Equity	Mar. 31, 2017
Equity [Abstract]
Common Shareholders' Equity	Common Shareholders' Equity Stock-Based Compensation - On March 30, 2016, the FASB issued an accounting standards update related to the accounting for employee share-based payment awards including simplification in areas such as (i) income tax consequences; (ii) classification of awards as either equity or liabilities; and (iii) classification on the statement of cash flows. The standards update was effective for NEE beginning January 1, 2017, however, NEE early adopted the provisions of the standards update during the three months ended June 30, 2016 with an effective date of January 1, 2016. Upon adoption, NEE recorded approximately $18 million primarily related to previously unrecognized excess tax benefits in deferred income taxes with a resulting increase to retained earnings as of January 1, 2016. Amounts for the three months ended March 31, 2016 were retrospectively adjusted resulting in an increase to net income attributable to NEE of approximately $17 million , and increases to basic and diluted earnings per share attributable to NEE of $0.04 . All other provisions of the standards update did not have a material impact to NEE's condensed consolidated financial statements. The standards update had no effect on FPL. Earnings Per Share - The reconciliation of NEE's basic and diluted earnings per share attributable to NEE is as follows: Three Months Ended 2017 2016 (millions, except per share amounts) Numerator - net income attributable to NEE $ 1,583 $ 653 Denominator: Weighted-average number of common shares outstanding - basic 467.5 460.5 Equity units, performance share awards, stock options, forward sale agreements and restricted stock (a) 2.7 2.9 Weighted-average number of common shares outstanding - assuming dilution 470.2 463.4 Earnings per share attributable to NEE: Basic $ 3.39 $ 1.42 Assuming dilution $ 3.37 $ 1.41 ——————————————— (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, performance share awards and restricted stock which were not included in the denominator above due to their antidilutive effect were approximately 11.9 million and 0.2 million for the three months ended March 31, 2017 and 2016 , respectively. Accumulated Other Comprehensive Income (Loss) - The components of AOCI, net of tax, are as follows: Accumulated Other Comprehensive Income (Loss) Net Unrealized Gains (Losses) on Cash Flow Hedges Net Unrealized Gains (Losses) on Available for Sale Securities Defined Benefit Pension and Other Benefits Plans Net Unrealized Gains (Losses) on Foreign Currency Translation Other Comprehensive Income (Loss) Related to Equity Method Investee Total (millions) Three Months Ended March 31, 2017 Balances, December 31, 2016 $ (100 ) $ 225 $ (83 ) $ (90 ) $ (22 ) $ (70 ) Other comprehensive income (loss) before reclassifications — 34 (3 ) 16 1 48 Amounts reclassified from AOCI 9 (a) (16 ) (b) — — — (7 ) Net other comprehensive income (loss) 9 18 (3 ) 16 1 41 Less other comprehensive income attributable to noncontrolling interests 10 — — 1 — 11 Balances, March 31, 2017 $ (101 ) $ 243 $ (86 ) $ (75 ) $ (21 ) $ (40 ) ——————————————— (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 (Loss) Related to Equity Method Investee Total (millions) Three Months Ended March 31, 2016 Balances, December 31, 2015 $ (170 ) $ 174 $ (62 ) $ (85 ) $ (24 ) $ (167 ) Other comprehensive income (loss) before reclassifications — 8 (7 ) 20 (3 ) 18 Amounts reclassified from AOCI 23 (a) (1 ) (b) — — — 22 Net other comprehensive income (loss) 23 7 (7 ) 20 (3 ) 40 Less other comprehensive loss attributable to noncontrolling interests (1 ) — — (13 ) — (14 ) Balances, March 31, 2016 $ (146 ) $ 181 $ (69 ) $ (52 ) $ (27 ) $ (113 ) ——————————————— (a) Reclassified to interest expense and other - net 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.

Debt

Debt	3 Months Ended
Debt	Mar. 31, 2017
Debt Disclosure [Abstract]
Debt	Debt Significant long-term debt issuances and borrowings by subsidiaries of NEE during the three months ended March 31, 2017 were as follows: Principal Amount Interest Rate Maturity Date (millions) FPL: Other long-term debt $ 200 Variable (a) 2018 NEER: Senior secured limited-recourse term loans $ 279 Variable (a) 2026 Other long-term debt $ 200 Variable (a) 2018 - 2019 ——————————————— (a) Variable rate is based on an underlying index plus a margin. Interest rate swap agreements have been entered into with respect to certain of these issuances. See Note 2.

Summary of Significant Accounti

Summary of Significant Accounting and Reporting Policies	3 Months Ended
Summary of Significant Accounting and Reporting Policies	Mar. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting and Reporting Policies	Summary of Significant Accounting and Reporting Policies Revenue Recognition - In May 2014, the FASB issued an accounting standards update which provides guidance on the recognition of revenue from contracts with customers and requires additional disclosures about the nature, amount, timing and uncertainty of revenue and cash flows from an entity's contracts with customers. The standards update will be effective for NEE and FPL beginning January 1, 2018 with early adoption on January 1, 2017 permitted. The standards update may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as an adjustment to retained earnings as of the date of initial application (modified retrospective method). NEE and FPL are currently reviewing individual contracts within various identified revenue streams in order to determine the impact, if any, this standards update will have on their consolidated financial statements. A number of industry-specific implementation issues are still unresolved and the final resolution of certain of these issues could impact NEE's and/or FPL's current accounting policies and/or revenue recognition patterns. NEE and FPL currently anticipate adopting the standards update on January 1, 2018 using the modified retrospective method. Accounting for Partial Sales of Nonfinancial Assets - In February 2017, the FASB issued an accounting standards update regarding the accounting for partial sales of nonfinancial assets. NEE and FPL anticipate adopting the standards update on January 1, 2018, concurrent with the FASB's new revenue recognition standard. The standards update may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as an adjustment to retained earnings as of the date of initial application. NEE and FPL are currently evaluating the effect the adoption of this standards update will have on their consolidated financial statements. Electric Plant, Depreciation and Amortization - NEER reviews the estimated useful lives of its fixed assets on an ongoing basis. NEER's most recent review indicated that the actual lives of certain equipment at its wind plants are expected to be longer than those previously estimated for depreciation purposes. As a result, effective January 1, 2017, NEER changed the estimated useful lives of certain wind plant equipment from 30 years to 35 years to better reflect the period during which these assets are expected to remain in service. This change increased net income attributable to NEE by approximately $15 million and basic and diluted earnings per share attributable to NEE by approximately $0.03 for the three months ended March 31, 2017 . For the year ended December 31, 2017 the change is expected to increase net income attributable to NEE by approximately $60 million . Assets and Liabilities Associated with Assets Held for Sale - In January 2017, an indirect wholly owned subsidiary of NEE completed the sale of its membership interests in its fiber-optic telecommunications business for net cash proceeds of approximately $1.1 billion , after repayment of $370 million of related long-term debt. In connection with the sale and the related consolidating state income tax effects, a gain of approximately $1.1 billion (approximately $685 million after tax) was recorded in NEE's condensed consolidated statements of income during the three months ended March 31, 2017 . The carrying amounts of the major classes of assets and liabilities that were classified as held for sale on NEE's condensed consolidated balance sheets as of December 31, 2016 primarily represent property, plant and equipment and the related long-term debt.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	Mar. 31, 2017
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 or acquisition of additional facilities and equipment to meet customer demand, as well as capital improvements to and maintenance of existing facilities and the procurement of nuclear fuel. At NEER, capital expenditures include, among other things, the cost, including capitalized interest, for construction and development of wind and solar projects and the procurement of nuclear fuel, as well as the investment in the development and construction of its natural gas pipeline assets. Capital expenditures for Corporate and Other primarily include the cost to maintain existing transmission facilities at NEET. At March 31, 2017 , estimated capital expenditures for the remainder of 2017 through 2021 for which applicable internal approvals (and also, if required, FPSC approvals for FPL or regulatory approvals for acquisitions) have been received were as follows: Remainder of 2017 2018 2019 2020 2021 Total (millions) FPL: Generation: (a) New (b) $ 935 $ 660 $ 475 $ 35 $ 5 $ 2,110 Existing 790 755 615 655 510 3,325 Transmission and distribution 1,680 2,400 2,540 2,465 2,675 11,760 Nuclear fuel 45 190 170 210 120 735 General and other 370 275 250 220 250 1,365 Total $ 3,820 $ 4,280 $ 4,050 $ 3,585 $ 3,560 $ 19,295 NEER: Wind (c) $ 910 $ 855 $ 1,125 $ 30 $ 25 $ 2,945 Solar (d) 190 10 5 — — 205 Nuclear, including nuclear fuel 185 250 230 215 245 1,125 Natural gas pipelines (e) 450 850 40 35 10 1,385 Other 210 40 30 30 30 340 Total $ 1,945 $ 2,005 $ 1,430 $ 310 $ 310 $ 6,000 Corporate and Other $ 40 $ 60 $ 90 $ 50 $ 40 $ 280 ——————————————— (a) Includes AFUDC of approximately $ 69 million , $ 78 million , $ 44 million and $ 5 million for the remainder of 2017 through 2020, respectively. (b) Includes land, generation structures, transmission interconnection and integration and licensing. (c) Consists of capital expenditures for new wind projects, repowering of existing wind projects and related transmission totaling approximately 2,880 MW. (d) Includes capital expenditures for new solar projects and related transmission totaling approximately 140 MW. (e) Includes capital expenditures for construction of three natural gas pipelines, including equity contributions associated with equity investments in joint ventures for two pipelines and AFUDC associated with the third pipeline. The natural gas pipelines are subject to certain conditions. See Contracts below. The above estimates are subject to continuing review and adjustment and actual capital expenditures may vary significantly from these estimates. Contracts - In addition to the commitments made in connection with the estimated capital expenditures included in the table in Commitments above, FPL has commitments under long-term purchased power and fuel contracts. As of March 31, 2017 , FPL is obligated under a take-or-pay purchased power contract to pay for 375 MW annually through 2021. FPL also has various firm pay-for-performance contracts to purchase approximately 114 MW from certain cogenerators and small power producers with expiration dates ranging from 2026 through 2034. The purchased power contracts provide for capacity and energy payments. Energy payments are based on the actual power taken under these contracts. Capacity payments for the pay-for-performance contracts are subject to the facilities meeting certain contract conditions. FPL has contracts with expiration dates through 2036 for the purchase and transportation of natural gas and coal, and storage of natural gas. In addition, FPL has entered into 25 -year natural gas transportation agreements with each of Sabal Trail and Florida Southeast Connection each of which will build, own and operate a pipeline that will be part of a natural gas pipeline system, for a quantity of 400,000 MMBtu/day beginning mid-2017 and increasing to 600,000 MMBtu/day in mid-2020. These agreements contain firm commitments that are contingent upon the occurrence of certain events, including the completion of construction of the pipeline system to be built by Sabal Trail and Florida Southeast Connection. See Commitments above. As of March 31, 2017 , NEER has entered into contracts with expiration dates ranging from late April 2017 through 2032 primarily for the purchase of wind turbines, wind towers and solar modules and related construction and development activities, as well as for the supply of uranium, and the conversion, enrichment and fabrication of nuclear fuel and has made commitments for the construction of the natural gas pipelines. Approximately $2.9 billion of related commitments are included in the estimated capital expenditures table in Commitments above. In addition, NEER has contracts primarily for the purchase, transportation and storage of natural gas with expiration dates ranging from late April 2017 through 2026 . The required capacity and/or minimum payments under contracts, including those discussed above, as of March 31, 2017 were estimated as follows: Remainder of 2017 2018 2019 2020 2021 Thereafter (millions) FPL: Capacity charges (a) $ 55 $ 65 $ 50 $ 20 $ 20 $ 250 Minimum charges, at projected prices: (b) Natural gas, including transportation and storage (c) $ 1,150 $ 935 $ 860 $ 910 $ 905 $ 12,065 Coal, including transportation $ 105 $ 5 $ 5 $ — $ — $ — NEER $ 1,440 $ 1,020 $ 140 $ 105 $ 75 $ 295 Corporate and Other (d)(e) $ 60 $ 20 $ — $ 5 $ — $ — ——————————————— (a) Capacity charges, substantially all of which are recoverable through the capacity clause, totaled approximately $ 20 million and $ 47 million for the three months ended March 31, 2017 and 2016 , respectively. Energy charges, which are recoverable through the fuel clause, totaled approximately $ 16 million and $ 16 million for the three months ended March 31, 2017 and 2016 , respectively. (b) Recoverable through the fuel clause. (c) Includes approximately $ 200 million , $ 295 million , $ 290 million , $ 360 million , $ 390 million and $7,495 million in 2017, 2018, 2019, 2020, 2021 and thereafter, respectively, of firm commitments, subject to certain conditions as noted above, related to the natural gas transportation agreements with Sabal Trail and Florida Southeast Connection. (d) Includes an approximately $30 million commitment to invest in clean power and technology businesses primarily in 2017. (e) Excludes approximately $445 million and $20 million in 2017 and 2018, respectively, of joint obligations of NEECH and NEER which are included in the NEER amounts above. In January 2017, FPL assumed ownership of a 330 MW coal-fired generation facility located in Indiantown, Florida (Indiantown generation facility) for a purchase price of $451 million (including existing debt of approximately $218 million ). FPL recorded a regulatory asset for approximately $451 million , which is being amortized over nine years and recovered through the capacity clause with a return on the portion of the unamortized balance of the regulatory asset. Prior to assuming ownership of this facility, FPL had a long-term purchased power agreement with this facility for substantially all of its capacity and energy. FPL expects to reduce the plant's operations with the intention of eventually phasing the plant out of service. FPL will recover the fuel costs of the facility through the fuel clause and operating costs through the capacity clause until FPL's next base rate filing where non-fuel cost recovery will be through base rates. Insurance - Liability for accidents at nuclear power plants is governed by the Price-Anderson Act, which limits the liability of nuclear reactor owners to the amount of insurance available from both private sources and an industry retrospective payment plan. In accordance with this Act, NEE maintains $ 450 million of private liability insurance per site, which is the maximum obtainable, and participates in a secondary financial protection system, which provides up to $ 13.0 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 $ 1.0 billion ($ 509 million for FPL), plus any applicable taxes, per incident at any nuclear reactor in the U.S., payable at a rate not to exceed $ 152 million ($ 76 million for FPL) per incident per year. NEE and FPL are contractually entitled to recover a proportionate share of such assessments from the owners of minority interests in Seabrook, Duane Arnold and St. Lucie Unit No. 2, which approximates $ 15 million , $ 38 million and $ 19 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. 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 $ 179 million ($ 108 million for FPL), plus any applicable taxes, in retrospective premiums in a policy year. NEE and FPL are contractually entitled to recover a proportionate share of such assessments from the owners of minority interests in Seabrook, Duane Arnold and St. Lucie Unit No. 2, which approximates $ 2 million , $ 5 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. Should FPL's future storm restoration costs exceed the reserve amount established through the issuance of storm-recovery bonds by a VIE in 2007, FPL may recover storm restoration costs, subject to prudence review by the FPSC, either through surcharges approved by the FPSC or through securitization provisions pursuant to Florida law. In February 2017, the FPSC approved FPL's request to recover through an interim surcharge the eligible storm restoration costs from 2016 that exceeded the reserve amount. 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.

Segment Information

Segment Information	3 Months Ended
Segment Information	Mar. 31, 2017
Segment Reporting [Abstract]
Segment Information	Segment Information NEE's reportable segments are FPL, a rate-regulated electric utility, and NEER, a competitive energy business. Corporate and Other represents other business activities and includes eliminating entries. NEE's segment information is as follows: Three Months Ended March 31, 2017 2016 FPL NEER (a) Corporate and Other NEE Consoli- dated FPL NEER (a) Corporate NEE Consoli- dated (millions) Operating revenues $ 2,527 $ 1,424 $ 21 $ 3,972 $ 2,303 $ 1,441 $ 91 $ 3,835 Operating expenses - net $ 1,716 $ 931 $ (1,080 ) $ 1,567 $ 1,589 $ 946 $ 66 $ 2,601 Net income attributable to NEE $ 445 $ 476 (b) $ 662 $ 1,583 $ 393 $ 224 (b) $ 36 (c) $ 653 (c) ——————————————— (a) Interest expense allocated from NEECH is based on a deemed capital structure of 70% debt. For this purpose, the deferred credit associated with differential membership interests sold by NEER subsidiaries is included with debt. Residual NEECH corporate interest expense is included in Corporate and Other. (b) See Note 4 for a discussion of NEER's tax benefits related to PTCs. (c) Amounts were retrospectively adjusted to reflect the adoption in the second quarter of 2016 of an accounting standards update related to stock-based compensation. See Note 7 - Stock-Based Compensation. March 31, 2017 December 31, 2016 FPL NEER Corporate and Other NEE Consoli- dated FPL NEER Corporate and Other NEE Consoli- dated (millions) Total assets $ 47,050 $ 42,702 $ 1,453 $ 91,205 $ 45,501 $ 41,743 $ 2,749 $ 89,993

Summarized Financial Informatio

Summarized Financial Information of Capital Holdings	3 Months Ended
Summarized Financial Information of Capital Holdings	Mar. 31, 2017
Summarized Financial Information [Abstract]
Summarized Financial Information of Capital Holdings	Summarized Financial Information of NEECH NEECH, a 100% owned subsidiary of NEE, provides funding for, and holds ownership interests in, NEE's operating subsidiaries other than FPL. NEECH’s debentures and junior subordinated debentures including those that were registered pursuant to the Securities Act of 1933, as amended, are fully and unconditionally guaranteed by NEE. Condensed consolidating financial information is as follows: Condensed Consolidating Statements of Income Three Months Ended March 31, 2017 2016 NEE (Guarantor) NEECH Other (a) NEE Consoli- dated NEE (Guarantor) (b) NEECH Other (a) NEE Consoli- dated (b) (millions) Operating revenues $ — $ 1,462 $ 2,510 $ 3,972 $ — $ 1,535 $ 2,300 $ 3,835 Operating expenses - net (6 ) 150 (1,711 ) (1,567 ) (4 ) (1,005 ) (1,592 ) (2,601 ) Interest expense — (241 ) (119 ) (360 ) — (397 ) (112 ) (509 ) Equity in earnings of subsidiaries 1,563 — (1,563 ) — 638 — (638 ) — Other income (deductions) - net — 229 (8 ) 221 — 147 24 171 Income (loss) before income taxes 1,557 1,600 (891 ) 2,266 634 280 (18 ) 896 Income tax expense (benefit) (26 ) 450 251 675 (19 ) 30 231 242 Net income (loss) 1,583 1,150 (1,142 ) 1,591 653 250 (249 ) 654 Less net income attributable to noncontrolling interests — 8 — 8 — 1 — 1 Net income (loss) attributable to NEE $ 1,583 $ 1,142 $ (1,142 ) $ 1,583 $ 653 $ 249 $ (249 ) $ 653 ——————————————— (a) Represents primarily FPL and consolidating adjustments. (b) Amounts were retrospectively adjusted to reflect the adoption in the second quarter of 2016 of an accounting standards update related to stock-based compensation. See Note 7 - Stock-Based Compensation. Condensed Consolidating Statements of Comprehensive Income Three Months Ended March 31, 2017 2016 NEE (Guarantor) NEECH Other (a) NEE Consoli- dated NEE (Guarantor) (b) NEECH Other (a) NEE Consoli- dated (b) (millions) Comprehensive income (loss) attributable to NEE $ 1,613 $ 1,175 $ (1,175 ) $ 1,613 $ 707 $ 310 $ (310 ) $ 707 ——————————————— (a) Represents primarily FPL and consolidating adjustments. (b) Amounts were retrospectively adjusted to reflect the adoption in the second quarter of 2016 of an accounting standards update related to stock-based compensation. See Note 7 - Stock-Based Compensation. Condensed Consolidating Balance Sheets March 31, 2017 December 31, 2016 NEE (Guaran- tor) NEECH Other (a) NEE Consoli- dated NEE (Guaran- tor) NEECH Other (a) NEE Consoli- dated (millions) PROPERTY, PLANT AND EQUIPMENT Electric plant in service and other property $ 28 $ 39,401 $ 49,739 $ 89,168 $ 28 $ 38,671 $ 48,314 $ 87,013 Accumulated depreciation and amortization (19 ) (8,104 ) (12,645 ) (20,768 ) (18 ) (7,778 ) (12,305 ) (20,101 ) Total property, plant and equipment - net 9 31,297 37,094 68,400 10 30,893 36,009 66,912 CURRENT ASSETS Cash and cash equivalents 1 571 28 600 1 1,258 33 1,292 Receivables 263 1,413 484 2,160 88 1,615 736 2,439 Other 1 1,393 1,673 3,067 2 1,877 1,799 3,678 Total current assets 265 3,377 2,185 5,827 91 4,750 2,568 7,409 OTHER ASSETS Investment in subsidiaries 25,468 — (25,468 ) — 24,323 — (24,323 ) — Other 775 9,619 6,584 16,978 867 8,992 5,813 15,672 Total other assets 26,243 9,619 (18,884 ) 16,978 25,190 8,992 (18,510 ) 15,672 TOTAL ASSETS $ 26,517 $ 44,293 $ 20,395 $ 91,205 $ 25,291 $ 44,635 $ 20,067 $ 89,993 CAPITALIZATION Common shareholders' equity $ 25,497 $ 8,756 $ (8,756 ) $ 25,497 $ 24,341 $ 7,699 $ (7,699 ) $ 24,341 Noncontrolling interests — 972 — 972 — 990 — 990 Long-term debt — 18,367 10,172 28,539 — 18,112 9,706 27,818 Total capitalization 25,497 28,095 1,416 55,008 24,341 26,801 2,007 53,149 CURRENT LIABILITIES Debt due within one year — 3,466 1,859 5,325 — 2,237 785 3,022 Accounts payable 1 639 597 1,237 1 2,668 778 3,447 Other 311 1,580 1,308 3,199 231 2,624 1,595 4,450 Total current liabilities 312 5,685 3,764 9,761 232 7,529 3,158 10,919 OTHER LIABILITIES AND DEFERRED CREDITS Asset retirement obligations — 859 1,953 2,812 — 816 1,920 2,736 Deferred income taxes 85 3,240 8,402 11,727 82 3,002 8,017 11,101 Other 623 6,414 4,860 11,897 636 6,487 4,965 12,088 Total other liabilities and deferred credits 708 10,513 15,215 26,436 718 10,305 14,902 25,925 COMMITMENTS AND CONTINGENCIES TOTAL CAPITALIZATION AND LIABILITIES $ 26,517 $ 44,293 $ 20,395 $ 91,205 $ 25,291 $ 44,635 $ 20,067 $ 89,993 ——————————————— (a) Represents primarily FPL and consolidating adjustments. Condensed Consolidating Statements of Cash Flows Three Months Ended March 31, 2017 2016 NEE (Guaran- tor) NEECH Other (a) NEE Consoli- dated NEE (Guaran- tor) NEECH Other (a) NEE Consoli- dated (millions) NET CASH PROVIDED BY OPERATING ACTIVITIES $ 522 $ 533 $ 309 $ 1,364 $ 728 $ 613 $ 204 $ 1,545 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures, independent power and other investments and nuclear fuel purchases — (3,413 ) (1,766 ) (5,179 ) — (2,683 ) (1,196 ) (3,879 ) Proceeds from sale of the fiber-optic telecommunications business — 1,484 — 1,484 — — — — Capital contributions from NEE (38 ) — 38 — (321 ) — 321 — Proceeds from sale or maturity of securities in special use funds and other investments — 243 492 735 — 293 530 823 Purchases of securities in special use funds and other investments — (285 ) (519 ) (804 ) — (294 ) (544 ) (838 ) Proceeds from sale of a noncontrolling interest in subsidiaries — — — — — 292 — 292 Other - net 1 6 23 30 — (97 ) 18 (79 ) Net cash used in investing activities (37 ) (1,965 ) (1,732 ) (3,734 ) (321 ) (2,489 ) (871 ) (3,681 ) CASH FLOWS FROM FINANCING ACTIVITIES Issuances of long-term debt — 489 200 689 — 1,250 — 1,250 Retirements of long-term debt — (514 ) (34 ) (548 ) — (333 ) (34 ) (367 ) Proceeds from other short-term debt — — 200 200 — — 500 500 Net change in commercial paper — 1,085 956 2,041 — 692 494 1,186 Issuances of common stock - net 7 — — 7 17 — — 17 Dividends on common stock (460 ) — — (460 ) (401 ) — — (401 ) Contributions from (dividends to) NEE — (89 ) 89 — — 312 (312 ) — Other - net (32 ) (226 ) 7 (251 ) (21 ) 2 27 8 Net cash provided by (used in) financing activities (485 ) 745 1,418 1,678 (405 ) 1,923 675 2,193 Net increase (decrease) in cash and cash equivalents — (687 ) (5 ) (692 ) 2 47 8 57 Cash and cash equivalents at beginning of period 1 1,258 33 1,292 — 546 25 571 Cash and cash equivalents at end of period $ 1 $ 571 $ 28 $ 600 $ 2 $ 593 $ 33 $ 628 ——————————————— (a) Represents primarily FPL and consolidating adjustments.

Summary of Significant Accoun21

Summary of Significant Accounting and Reporting Policies (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Derivative Instruments	NEE and FPL use derivative instruments (primarily swaps, options, futures and forwards) to manage the commodity price risk inherent in the purchase and sale of fuel and electricity, as well as interest rate and foreign currency exchange rate risk associated primarily with outstanding and expected future debt issuances and borrowings, and to optimize the value of NEER's power generation and gas infrastructure assets. NEE and FPL do not utilize hedge accounting for their cash flow and fair value hedges. With respect to commodities related to NEE's competitive energy business, NEER employs risk management procedures to conduct its activities related to optimizing the value of its power generation and gas infrastructure assets, providing full energy and capacity requirements services primarily to distribution utilities, and engaging in power and gas marketing and trading activities to take advantage of expected future favorable price movements and changes in the expected volatility of prices in the energy markets. These risk management activities involve the use of derivative instruments executed within prescribed limits to manage the risk associated with fluctuating commodity prices. Transactions in derivative instruments are executed on recognized exchanges or via the OTC markets, depending on the most favorable credit terms and market execution factors. For NEER's power generation and gas infrastructure assets, derivative instruments are used to hedge all or a portion of the expected output of these assets. These hedges are designed to reduce the effect of adverse changes in the wholesale forward commodity markets associated with NEER's power generation and gas infrastructure assets. With regard to full energy and capacity requirements services, NEER is required to vary the quantity of energy and related services based on the load demands of the customers served. For this type of transaction, derivative instruments are used to hedge the anticipated electricity quantities required to serve these customers and reduce the effect of unfavorable changes in the forward energy markets. Additionally, NEER takes positions in energy markets based on differences between actual forward market levels and management's view of fundamental market conditions, including supply/demand imbalances, changes in traditional flows of energy, changes in short- and long-term weather patterns and anticipated regulatory and legislative outcomes. NEER uses derivative instruments to realize value from these market dislocations, subject to strict risk management limits around market, operational and credit exposure. Derivative instruments, when required to be marked to market, are recorded on NEE's and FPL's condensed consolidated balance sheets as either an asset or liability measured at fair value. At FPL, substantially all changes in the derivatives' fair value are deferred as a regulatory asset or liability until the contracts are settled, and, upon settlement, any gains or losses are passed through the fuel clause. For NEE's non-rate regulated operations, predominantly NEER, essentially all changes in the derivatives' fair value for power purchases and sales, fuel sales and trading activities are recognized on a net basis in operating revenues; fuel purchases used in the production of electricity are recognized in fuel, purchased power and interchange expense; and the equity method investees' related activity is recognized in equity in earnings of equity method investees in NEE's condensed consolidated statements of income. Settlement gains and losses are included within the line items in the condensed consolidated statements of income to which they relate. Transactions for which physical delivery is deemed not to have occurred are presented on a net basis in the condensed consolidated statements of income. For commodity derivatives, NEE believes that, where offsetting positions exist at the same location for the same time, the transactions are considered to have been netted and therefore physical delivery has been deemed not to have occurred for financial reporting purposes. Settlements related to derivative instruments are primarily recognized in net cash provided by operating activities in NEE's and FPL's condensed consolidated statements of cash flows. For interest rate and foreign currency derivative instruments, all changes in the derivatives' fair value, as well as the transaction gain or loss on foreign denominated debt, are recognized in interest expense in NEE's condensed consolidated statements of income.
Fair Value Measurements	Fair Value Measurements The fair value of assets and liabilities are determined using either unadjusted quoted prices in active markets (Level 1) or pricing inputs that are observable (Level 2) whenever that information is available and using unobservable inputs (Level 3) to estimate fair value only when relevant observable inputs are not available. NEE and FPL use several different valuation techniques to measure the fair value of assets and liabilities, relying primarily on the market approach of using prices and other market information for identical and/or comparable assets and liabilities for those assets and liabilities that are measured at fair value on a recurring basis. NEE's and FPL's assessment of the significance of any particular input to the fair value measurement requires judgment and may affect placement within the fair value hierarchy levels. Non-performance risk, including the consideration of a credit valuation adjustment, is also considered in the determination of fair value for all assets and liabilities measured at fair value. Cash Equivalents and Restricted Cash - NEE and FPL hold investments in money market funds. The fair value of these funds is estimated using a market approach based on current observable market prices. Special Use Funds and Other Investments - NEE and FPL hold primarily debt and equity securities directly, as well as indirectly through commingled funds. Substantially all directly held equity securities are valued at their quoted market prices. For directly held debt securities, multiple prices and price types are obtained from pricing vendors whenever possible, which enables cross-provider validations. A primary price source is identified based on asset type, class or issue of each security. Commingled funds, which are similar to mutual funds, are maintained by banks or investment companies and hold certain investments in accordance with a stated set of objectives. The fair value of commingled funds is primarily derived from the quoted prices in active markets of the underlying securities. Because the fund shares are offered to a limited group of investors, they are not considered to be traded in an active market. Derivative Instruments - NEE and FPL measure the fair value of commodity contracts using a combination of market and income approaches utilizing prices observed on commodities exchanges and in the OTC markets, or through the use of industry-standard valuation techniques, such as option modeling or discounted cash flows techniques, incorporating both observable and unobservable valuation inputs. The resulting measurements are the best estimate of fair value as represented by the transfer of the asset or liability through an orderly transaction in the marketplace at the measurement date. Most exchange-traded derivative assets and liabilities are valued directly using unadjusted quoted prices. For exchange-traded derivative assets and liabilities where the principal market is deemed to be inactive based on average daily volumes and open interest, the measurement is established using settlement prices from the exchanges, and therefore considered to be valued using other observable inputs. NEE, through its subsidiaries, including FPL, also enters into OTC commodity contract derivatives. The majority of these contracts are transacted at liquid trading points, and the prices for these contracts are verified using quoted prices in active markets from exchanges, brokers or pricing services for similar contracts. NEE, through NEER, also enters into full requirements contracts, which, in most cases, meet the definition of derivatives and are measured at fair value. These contracts typically have one or more inputs that are not observable and are significant to the valuation of the contract. In addition, certain exchange and non-exchange traded derivative options at NEE have one or more significant inputs that are not observable, and are valued using industry-standard option models. In all cases where NEE and FPL use significant unobservable inputs for the valuation of a commodity contract, consideration is given to the assumptions that market participants would use in valuing the asset or liability. The primary input to the valuation models for commodity contracts is the forward commodity curve for the respective instruments. Other inputs include, but are not limited to, assumptions about market liquidity, volatility, correlation and contract duration as more fully described below in Significant Unobservable Inputs Used in Recurring Fair Value Measurements. In instances where the reference markets are deemed to be inactive or do not have transactions for a similar contract, the derivative assets and liabilities may be valued using significant other observable inputs and potentially significant unobservable inputs. In such instances, the valuation for these contracts is established using techniques including extrapolation from or interpolation between actively traded contracts, or estimated basis adjustments from liquid trading points. NEE and FPL regularly evaluate and validate the inputs used to determine fair value by a number of methods, consisting of various market price verification procedures, including the use of pricing services and multiple broker quotes to support the market price of the various commodities. In all cases where there are assumptions and models used to generate inputs for valuing derivative assets and liabilities, the review and verification of the assumptions, models and changes to the models are undertaken by individuals that are independent of those responsible for estimating fair value. NEE uses interest rate contracts and foreign currency contracts to mitigate and adjust interest rate and foreign currency exchange exposure related primarily to certain outstanding and expected future debt issuances and borrowings when deemed appropriate based on market conditions or when required by financing agreements. NEE estimates the fair value of these derivatives using an income approach based on a discounted cash flows valuation technique utilizing the net amount of estimated future cash inflows and outflows related to the agreements.
Stock-Based Compensation	Stock-Based Compensation - On March 30, 2016, the FASB issued an accounting standards update related to the accounting for employee share-based payment awards including simplification in areas such as (i) income tax consequences; (ii) classification of awards as either equity or liabilities; and (iii) classification on the statement of cash flows. The standards update was effective for NEE beginning January 1, 2017, however, NEE early adopted the provisions of the standards update during the three months ended June 30, 2016 with an effective date of January 1, 2016. Upon adoption, NEE recorded approximately $18 million primarily related to previously unrecognized excess tax benefits in deferred income taxes with a resulting increase to retained earnings as of January 1, 2016. Amounts for the three months ended March 31, 2016 were retrospectively adjusted resulting in an increase to net income attributable to NEE of approximately $17 million , and increases to basic and diluted earnings per share attributable to NEE of $0.04 . All other provisions of the standards update did not have a material impact to NEE's condensed consolidated financial statements. The standards update had no effect on FPL.
Revenue Recognition	Revenue Recognition - In May 2014, the FASB issued an accounting standards update which provides guidance on the recognition of revenue from contracts with customers and requires additional disclosures about the nature, amount, timing and uncertainty of revenue and cash flows from an entity's contracts with customers. The standards update will be effective for NEE and FPL beginning January 1, 2018 with early adoption on January 1, 2017 permitted. The standards update may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as an adjustment to retained earnings as of the date of initial application (modified retrospective method). NEE and FPL are currently reviewing individual contracts within various identified revenue streams in order to determine the impact, if any, this standards update will have on their consolidated financial statements. A number of industry-specific implementation issues are still unresolved and the final resolution of certain of these issues could impact NEE's and/or FPL's current accounting policies and/or revenue recognition patterns. NEE and FPL currently anticipate adopting the standards update on January 1, 2018 using the modified retrospective method.
Accounting for Partial Sales of Nonfinancial Assets	Accounting for Partial Sales of Nonfinancial Assets - In February 2017, the FASB issued an accounting standards update regarding the accounting for partial sales of nonfinancial assets. NEE and FPL anticipate adopting the standards update on January 1, 2018, concurrent with the FASB's new revenue recognition standard. The standards update may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as an adjustment to retained earnings as of the date of initial application. NEE and FPL are currently evaluating the effect the adoption of this standards update will have on their consolidated financial statements.
Electric Plant, Depreciation and Amortization	Electric Plant, Depreciation and Amortization - NEER reviews the estimated useful lives of its fixed assets on an ongoing basis. NEER's most recent review indicated that the actual lives of certain equipment at its wind plants are expected to be longer than those previously estimated for depreciation purposes. As a result, effective January 1, 2017, NEER changed the estimated useful lives of certain wind plant equipment from 30 years to 35 years to better reflect the period during which these assets are expected to remain in service.
Assets and Liabilities Associated with Assets Held for Sale	Assets and Liabilities Associated with Assets Held for Sale - In January 2017, an indirect wholly owned subsidiary of NEE completed the sale of its membership interests in its fiber-optic telecommunications business for net cash proceeds of approximately $1.1 billion , after repayment of $370 million of related long-term debt. In connection with the sale and the related consolidating state income tax effects, a gain of approximately $1.1 billion (approximately $685 million after tax) was recorded in NEE's condensed consolidated statements of income during the three months ended March 31, 2017 . The carrying amounts of the major classes of assets and liabilities that were classified as held for sale on NEE's condensed consolidated balance sheets as of December 31, 2016 primarily represent property, plant and equipment and the related long-term debt.

Employee Retirement Benefits (T

Employee Retirement Benefits (Tables)	3 Months Ended
Employee Retirement Benefits (Tables)	Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract]
Net periodic benefit (income) cost	The components of net periodic (income) cost for the plans are as follows: Pension Benefits Postretirement Benefits Three Months Ended Three Months Ended 2017 2016 2017 2016 (millions) Service cost $ 16 $ 16 $ — $ 1 Interest cost 21 26 2 3 Expected return on plan assets (67 ) (65 ) — — Amortization of prior service benefit — — — (1 ) Special termination benefits 1 — — — Net periodic (income) cost at NEE $ (29 ) $ (23 ) $ 2 $ 3 Net periodic (income) cost at FPL $ (18 ) $ (15 ) $ 2 $ 2

Derivative Instruments (Tables)

Derivative Instruments (Tables)	3 Months Ended
Derivative Instruments (Tables)	Mar. 31, 2017
Derivative [Line Items]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	Fair Value of Derivative Instruments - The tables below present NEE's and FPL's gross derivative positions at March 31, 2017 and December 31, 2016 , as required by disclosure rules. However, the majority of the underlying contracts are subject to master netting agreements and generally would not be contractually settled on a gross basis. Therefore, the tables below also present the derivative positions on a net basis, which reflect the offsetting of positions of certain transactions within the portfolio, the contractual ability to settle contracts under master netting arrangements and the netting of margin cash collateral (see Note 3 - Recurring Fair Value Measurements for netting information), as well as the location of the net derivative position on the condensed consolidated balance sheets. March 31, 2017 Gross Basis Net Basis Assets Liabilities Assets Liabilities (millions) NEE: Commodity contracts $ 4,539 $ 2,863 $ 1,877 $ 429 Interest rate contracts 258 290 262 294 Foreign currency contracts 1 80 1 80 Total fair values $ 4,798 $ 3,233 $ 2,140 $ 803 FPL: Commodity contracts $ 84 $ 7 $ 82 $ 5 Net fair value by NEE balance sheet line item: Current derivative assets (a) $ 678 Noncurrent derivative assets (b) 1,462 Current derivative liabilities $ 330 Noncurrent derivative liabilities 473 Total derivatives $ 2,140 $ 803 Net fair value by FPL balance sheet line item: Current derivative assets $ 82 Current other liabilities $ 4 Noncurrent other liabilities 1 Total derivatives $ 82 $ 5 ——————————————— (a) Reflects the netting of approximately $158 million in margin cash collateral received from counterparties. (b) Reflects the netting of approximately $70 million in margin cash collateral received from counterparties. December 31, 2016 Gross Basis Net Basis Assets Liabilities Assets Liabilities (millions) NEE: Commodity contracts $ 4,590 $ 2,968 $ 1,938 $ 483 Interest rate contracts 288 284 296 292 Foreign currency contracts 1 106 1 106 Total fair values $ 4,879 $ 3,358 $ 2,235 $ 881 FPL: Commodity contracts $ 212 $ 4 $ 209 $ 1 Net fair value by NEE balance sheet line item: Current derivative assets (a) $ 885 Noncurrent derivative assets (b) 1,350 Current derivative liabilities $ 404 Noncurrent derivative liabilities 477 Total derivatives $ 2,235 $ 881 Net fair value by FPL balance sheet line item: Current derivative assets $ 209 Current other liabilities $ 1 Total derivatives $ 209 $ 1 ——————————————— (a) Reflects the netting of approximately $96 million in margin cash collateral received from counterparties. (b) Reflects the netting of approximately $71 million in margin cash collateral received from counterparties.
Net Notional Volumes	NEE and FPL had derivative commodity contracts for the following net notional volumes: March 31, 2017 December 31, 2016 Commodity Type NEE FPL NEE FPL (millions) Power (80 ) MWh — (84 ) MWh — Natural gas 969 MMBtu 638 MMBtu 1,002 MMBtu 618 MMBtu Oil (12 ) barrels — (7 ) barrels —
Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	Gains (losses) related to NEE's derivatives are recorded in NEE's condensed consolidated statements of income as follows: Three Months Ended 2017 2016 (millions) Commodity contracts: (a) Operating revenues $ 291 $ 330 Fuel, purchased power and interchange — 2 Foreign currency contracts - interest expense 21 30 Foreign currency contracts - other - net (1 ) — Interest rate contracts - interest expense (45 ) (179 ) Losses reclassified from AOCI to interest expense: Interest rate contracts (10 ) (28 ) Foreign currency contracts (3 ) (3 ) Total $ 253 $ 152 ——————————————— (a) For the three months ended March 31, 2017 and 2016 , FPL recorded losses of approximately $104 million and $108 million , respectively, related to commodity contracts as regulatory assets on its condensed consolidated balance sheets.

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	3 Months Ended
Fair Value Measurement (Tables)	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Financial assets and liabilities and other fair value measurements	Recurring Fair Value Measurements - NEE's and FPL's financial assets and liabilities and other fair value measurements made on a recurring basis by fair value hierarchy level are as follows: March 31, 2017 Level 1 Level 2 Level 3 Netting (a) Total (millions) Assets: Cash equivalents and restricted cash: (b) NEE - equity securities $ 307 $ — $ — $ 307 FPL - equity securities $ 87 $ — $ — $ 87 Special use funds: (c) NEE: Equity securities $ 1,482 $ 1,578 (d) $ — $ 3,060 U.S. Government and municipal bonds $ 328 $ 162 $ — $ 490 Corporate debt securities $ 1 $ 796 $ — $ 797 Mortgage-backed securities $ — $ 479 $ — $ 479 Other debt securities $ — $ 115 $ — $ 115 FPL: Equity securities $ 386 $ 1,440 (d) $ — $ 1,826 U.S. Government and municipal bonds $ 245 $ 134 $ — $ 379 Corporate debt securities $ — $ 575 $ — $ 575 Mortgage-backed securities $ — $ 368 $ — $ 368 Other debt securities $ — $ 102 $ — $ 102 Other investments: NEE: Equity securities $ 23 $ 10 $ — $ 33 Debt securities $ 6 $ 138 $ — $ 144 Derivatives: NEE: Commodity contracts $ 1,504 $ 1,772 $ 1,263 $ (2,662 ) $ 1,877 (e) Interest rate contracts $ — $ 254 $ 4 $ 4 $ 262 (e) Foreign currency contracts $ — $ 1 $ — $ — $ 1 (e) FPL - commodity contracts $ — $ 83 $ 1 $ (2 ) $ 82 (e) Liabilities: Derivatives: NEE: Commodity contracts $ 1,398 $ 1,028 $ 437 $ (2,434 ) $ 429 (e) Interest rate contracts $ — $ 175 $ 115 $ 4 $ 294 (e) Foreign currency contracts $ — $ 80 $ — $ — $ 80 (e) FPL - commodity contracts $ — $ 2 $ 5 $ (2 ) $ 5 (e) ——————————————— (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) Includes restricted cash of approximately $135 million ( $87 million for FPL) in other current assets on the condensed consolidated balance sheets. (c) Excludes investments accounted for under the equity method and loans not measured at fair value on a recurring basis. See Fair Value of Financial Instruments Recorded at Other than Fair Value below. (d) Primarily invested in commingled funds whose underlying securities would be Level 1 if those securities were held directly by NEE or FPL. (e) See Note 2 - Fair Value of Derivative Instruments for a reconciliation of net derivatives to NEE's and FPL's condensed consolidated balance sheets. December 31, 2016 Level 1 Level 2 Level 3 Netting (a) Total (millions) Assets: Cash equivalents and restricted cash: (b) NEE - equity securities $ 982 $ — $ — $ 982 FPL - equity securities $ 120 $ — $ — $ 120 Special use funds: (c) NEE: Equity securities $ 1,410 $ 1,503 (d) $ — $ 2,913 U.S. Government and municipal bonds $ 296 $ 170 $ — $ 466 Corporate debt securities $ 1 $ 763 $ — $ 764 Mortgage-backed securities $ — $ 498 $ — $ 498 Other debt securities $ — $ 81 $ — $ 81 FPL: Equity securities $ 373 $ 1,372 (d) $ — $ 1,745 U.S. Government and municipal bonds $ 221 $ 141 $ — $ 362 Corporate debt securities $ — $ 547 $ — $ 547 Mortgage-backed securities $ — $ 384 $ — $ 384 Other debt securities $ — $ 70 $ — $ 70 Other investments: NEE: Equity securities $ 26 $ 9 $ — $ 35 Debt securities $ 8 $ 153 $ — $ 161 Derivatives: NEE: Commodity contracts $ 1,563 $ 1,827 $ 1,200 $ (2,652 ) $ 1,938 (e) Interest rate contracts $ — $ 285 $ 3 $ 8 $ 296 (e) Foreign currency contracts $ — $ 1 $ — $ — $ 1 (e) FPL - commodity contracts $ — $ 208 $ 4 $ (3 ) $ 209 (e) Liabilities: Derivatives: NEE: Commodity contracts $ 1,476 $ 980 $ 512 $ (2,485 ) $ 483 (e) Interest rate contracts $ — $ 171 $ 113 $ 8 $ 292 (e) Foreign currency contracts $ — $ 106 $ — $ — $ 106 (e) FPL - commodity contracts $ — $ 1 $ 3 $ (3 ) $ 1 (e) ——————————————— (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) Includes restricted cash of approximately $164 million ( $120 million for FPL) in other current assets on the condensed consolidated balance sheets. (c) Excludes investments accounted for under the equity method and loans not measured at fair value on a recurring basis. See Fair Value of Financial Instruments Recorded at Other than Fair Value below. (d) Primarily invested in commingled funds whose underlying securities would be Level 1 if those securities were held directly by NEE or FPL. (e) See Note 2 - Fair Value of Derivative Instruments for a reconciliation of net derivatives to NEE's and FPL's condensed consolidated balance sheets.
Significant unobservable inputs used in valuation of contracts categorized as Level 3	The significant unobservable inputs used in the valuation of NEE's commodity contracts categorized as Level 3 of the fair value hierarchy at March 31, 2017 are as follows: Transaction Type Fair Value at March 31, 2017 Valuation Technique(s) Significant Unobservable Inputs Range Assets Liabilities (millions) Forward contracts - power $ 737 $ 214 Discounted cash flow Forward price (per MWh) $— — $84 Forward contracts - gas 28 11 Discounted cash flow Forward price (per MMBtu) $2 — $6 Forward contracts - other commodity related 2 1 Discounted cash flow Forward price (various) $(16) — $55 Options - power 46 18 Option models Implied correlations 1% — 100% Implied volatilities 8% — 264% Options - primarily gas 156 166 Option models Implied correlations 1% — 100% Implied volatilities 1% — 95% Full requirements and unit contingent contracts 294 27 Discounted cash flow Forward price (per MWh) $(20) — $203 Customer migration rate (a) —% — 20% Total $ 1,263 $ 437 ——————————————— (a) Applies only to full requirements contracts.
Reconciliation of changes in the fair value measured based on significant unobservable inputs	The reconciliation of changes in the fair value of derivatives that are based on significant unobservable inputs is as follows: Three Months Ended March 31, 2017 2016 NEE FPL NEE FPL (millions) Fair value of net derivatives based on significant unobservable inputs at December 31 of prior period $ 578 $ 1 $ 538 $ — Realized and unrealized gains (losses): Included in earnings (a) 216 — 254 — Included in other comprehensive income (b) (1 ) — (6 ) — Included in regulatory assets and liabilities (2 ) (2 ) (3 ) (3 ) Purchases 21 — 100 — Settlements (85 ) (3 ) (133 ) (5 ) Issuances (16 ) — (74 ) — Transfers in (c) 9 — 3 — Transfers out (c) (5 ) — (30 ) — Fair value of net derivatives based on significant unobservable inputs at March 31 $ 715 $ (4 ) $ 649 $ (8 ) The amount of gains (losses) for the period included in earnings attributable to the change in unrealized gains (losses) relating to derivatives still held at the reporting date (d) $ 141 $ — $ 196 $ — ——————————————— (a) For the three months ended March 31, 2017 and 2016 , realized and unrealized gains of approximately $215 million and $274 million , respectively, are reflected in the condensed consolidated statements of income in operating revenues and the balance is primarily reflected in interest expense. (b) Reflected in net unrealized gains on foreign currency translation on the condensed consolidated statements of comprehensive income. (c) Transfers into Level 3 were a result of decreased observability of market data and transfers from Level 3 to Level 2 were a result of increased observability of market data. NEE's and FPL's policy is to recognize all transfers at the beginning of the reporting period. (d) For the three months ended March 31, 2017 and 2016 , unrealized gains of approximately $141 million and $216 million , respectively, are reflected in the condensed consolidated statements of income in operating revenues and the balance is reflected in interest expense.
Fair Value, by Balance Sheet Grouping	Fair Value of Financial Instruments Recorded at Other than Fair Value - The carrying amounts of commercial paper and other short-term debt approximate their fair values. The carrying amounts and estimated fair values of other financial instruments recorded at other than fair value are as follows: March 31, 2017 December 31, 2016 Carrying Amount Estimated Fair Value Carrying Amount Estimated Fair Value (millions) NEE: Special use funds (a) $ 684 $ 684 $ 712 $ 712 Other investments - primarily notes receivable $ 512 $ 682 (b) $ 526 $ 668 (b) Long-term debt, including current maturities $ 31,299 $ 32,820 (d) $ 30,418 (c) $ 31,623 (c)(d) FPL: Special use funds (a) $ 530 $ 530 $ 557 $ 557 Long-term debt, including current maturities $ 10,556 $ 11,703 (d) $ 10,072 $ 11,211 (d) ——————————————— (a) Primarily represents investments accounted for under the equity method and loans not measured at fair value on a recurring basis. (b) Primarily classified as held to maturity. Fair values are primarily estimated using an income approach utilizing a discounted cash flow valuation technique based on certain observable yield curves and indices considering the credit profile of the borrower (Level 3). Notes receivable bear interest primarily at fixed rates and mature by 2029. Notes receivable are considered impaired and placed in non-accrual status when it becomes probable that all amounts due cannot be collected in accordance with the contractual terms of the agreement. The assessment to place notes receivable in non-accrual status considers various credit indicators, such as credit ratings and market-related information. (c) Excludes debt totaling $373 million reflected in liabilities associated with assets held for sale on NEE's condensed consolidated balance sheet for which the carrying amount approximates fair value. See Note 9 - Assets and Liabilities Associated with Assets Held for Sale. (d) As of March 31, 2017 and December 31, 2016 , for NEE, approximately $30,910 million and $29,804 million , respectively, is estimated using a market approach based on quoted market prices for the same or similar issues (Level 2); the balance is estimated using an income approach utilizing a discounted cash flow valuation technique, considering the current credit profile of the debtor (Level 3). For FPL, primarily estimated using quoted market prices for the same or similar issues (Level 2).
Available-for-sale Securities	Realized gains and losses and proceeds from the sale or maturity of available for sale securities are as follows: NEE FPL Three Months Ended Three Months Ended 2017 2016 2017 2016 (millions) Realized gains $ 55 $ 22 $ 13 $ 10 Realized losses $ 29 $ 18 $ 19 $ 10 Proceeds from sale or maturity of securities $ 626 $ 701 $ 441 $ 530 The unrealized gains on available for sale securities are as follows: NEE FPL March 31, 2017 December 31, 2016 March 31, 2017 December 31, 2016 (millions) Equity securities $ 1,509 $ 1,396 $ 1,087 $ 1,007 Debt securities $ 27 $ 22 $ 21 $ 17 The unrealized losses on available for sale debt securities and the fair value of available for sale debt securities in an unrealized loss position are as follows: NEE FPL March 31, 2017 December 31, 2016 March 31, 2017 December 31, 2016 (millions) Unrealized losses (a) $ 24 $ 34 $ 20 $ 28 Fair value $ 839 $ 959 $ 647 $ 722 ——————————————— (a) Unrealized losses on available for sale debt securities in an unrealized loss position for greater than twelve months at March 31, 2017 and December 31, 2016 were not material to NEE or FPL.

Common Shareholders' Equity (Ta

Common Shareholders' Equity (Tables)	3 Months Ended
Common Shareholders' Equity (Tables)	Mar. 31, 2017
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 2017 2016 (millions, except per share amounts) Numerator - net income attributable to NEE $ 1,583 $ 653 Denominator: Weighted-average number of common shares outstanding - basic 467.5 460.5 Equity units, performance share awards, stock options, forward sale agreements and restricted stock (a) 2.7 2.9 Weighted-average number of common shares outstanding - assuming dilution 470.2 463.4 Earnings per share attributable to NEE: Basic $ 3.39 $ 1.42 Assuming dilution $ 3.37 $ 1.41 ——————————————— (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 (Loss) Related to Equity Method Investee Total (millions) Three Months Ended March 31, 2017 Balances, December 31, 2016 $ (100 ) $ 225 $ (83 ) $ (90 ) $ (22 ) $ (70 ) Other comprehensive income (loss) before reclassifications — 34 (3 ) 16 1 48 Amounts reclassified from AOCI 9 (a) (16 ) (b) — — — (7 ) Net other comprehensive income (loss) 9 18 (3 ) 16 1 41 Less other comprehensive income attributable to noncontrolling interests 10 — — 1 — 11 Balances, March 31, 2017 $ (101 ) $ 243 $ (86 ) $ (75 ) $ (21 ) $ (40 ) ——————————————— (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 (Loss) Related to Equity Method Investee Total (millions) Three Months Ended March 31, 2016 Balances, December 31, 2015 $ (170 ) $ 174 $ (62 ) $ (85 ) $ (24 ) $ (167 ) Other comprehensive income (loss) before reclassifications — 8 (7 ) 20 (3 ) 18 Amounts reclassified from AOCI 23 (a) (1 ) (b) — — — 22 Net other comprehensive income (loss) 23 7 (7 ) 20 (3 ) 40 Less other comprehensive loss attributable to noncontrolling interests (1 ) — — (13 ) — (14 ) Balances, March 31, 2016 $ (146 ) $ 181 $ (69 ) $ (52 ) $ (27 ) $ (113 ) ——————————————— (a) Reclassified to interest expense and other - net 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.

Debt (Tables)

Debt (Tables)	3 Months Ended
Debt (Tables)	Mar. 31, 2017
Debt Disclosure [Abstract]
Long-term debt issuances and borrowings	Significant long-term debt issuances and borrowings by subsidiaries of NEE during the three months ended March 31, 2017 were as follows: Principal Amount Interest Rate Maturity Date (millions) FPL: Other long-term debt $ 200 Variable (a) 2018 NEER: Senior secured limited-recourse term loans $ 279 Variable (a) 2026 Other long-term debt $ 200 Variable (a) 2018 - 2019 ——————————————— (a) Variable rate is based on an underlying index plus a margin. Interest rate swap agreements have been entered into with respect to certain of these issuances. See Note 2.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
Commitments and Contingencies (Tables)	Mar. 31, 2017
Commitments and Contingencies [Abstract]
Schedule of Planned Capital Expenditures	At March 31, 2017 , estimated capital expenditures for the remainder of 2017 through 2021 for which applicable internal approvals (and also, if required, FPSC approvals for FPL or regulatory approvals for acquisitions) have been received were as follows: Remainder of 2017 2018 2019 2020 2021 Total (millions) FPL: Generation: (a) New (b) $ 935 $ 660 $ 475 $ 35 $ 5 $ 2,110 Existing 790 755 615 655 510 3,325 Transmission and distribution 1,680 2,400 2,540 2,465 2,675 11,760 Nuclear fuel 45 190 170 210 120 735 General and other 370 275 250 220 250 1,365 Total $ 3,820 $ 4,280 $ 4,050 $ 3,585 $ 3,560 $ 19,295 NEER: Wind (c) $ 910 $ 855 $ 1,125 $ 30 $ 25 $ 2,945 Solar (d) 190 10 5 — — 205 Nuclear, including nuclear fuel 185 250 230 215 245 1,125 Natural gas pipelines (e) 450 850 40 35 10 1,385 Other 210 40 30 30 30 340 Total $ 1,945 $ 2,005 $ 1,430 $ 310 $ 310 $ 6,000 Corporate and Other $ 40 $ 60 $ 90 $ 50 $ 40 $ 280 ——————————————— (a) Includes AFUDC of approximately $ 69 million , $ 78 million , $ 44 million and $ 5 million for the remainder of 2017 through 2020, respectively. (b) Includes land, generation structures, transmission interconnection and integration and licensing. (c) Consists of capital expenditures for new wind projects, repowering of existing wind projects and related transmission totaling approximately 2,880 MW. (d) Includes capital expenditures for new solar projects and related transmission totaling approximately 140 MW. (e) Includes capital expenditures for construction of three natural gas pipelines, including equity contributions associated with equity investments in joint ventures for two pipelines and AFUDC associated with the third pipeline. The natural gas pipelines are subject to certain conditions. See Contracts below.
Required capacity and/or minimum payments under contracts	The required capacity and/or minimum payments under contracts, including those discussed above, as of March 31, 2017 were estimated as follows: Remainder of 2017 2018 2019 2020 2021 Thereafter (millions) FPL: Capacity charges (a) $ 55 $ 65 $ 50 $ 20 $ 20 $ 250 Minimum charges, at projected prices: (b) Natural gas, including transportation and storage (c) $ 1,150 $ 935 $ 860 $ 910 $ 905 $ 12,065 Coal, including transportation $ 105 $ 5 $ 5 $ — $ — $ — NEER $ 1,440 $ 1,020 $ 140 $ 105 $ 75 $ 295 Corporate and Other (d)(e) $ 60 $ 20 $ — $ 5 $ — $ — ——————————————— (a) Capacity charges, substantially all of which are recoverable through the capacity clause, totaled approximately $ 20 million and $ 47 million for the three months ended March 31, 2017 and 2016 , respectively. Energy charges, which are recoverable through the fuel clause, totaled approximately $ 16 million and $ 16 million for the three months ended March 31, 2017 and 2016 , respectively. (b) Recoverable through the fuel clause. (c) Includes approximately $ 200 million , $ 295 million , $ 290 million , $ 360 million , $ 390 million and $7,495 million in 2017, 2018, 2019, 2020, 2021 and thereafter, respectively, of firm commitments, subject to certain conditions as noted above, related to the natural gas transportation agreements with Sabal Trail and Florida Southeast Connection. (d) Includes an approximately $30 million commitment to invest in clean power and technology businesses primarily in 2017. (e) Excludes approximately $445 million and $20 million in 2017 and 2018, respectively, of joint obligations of NEECH and NEER which are included in the NEER amounts above.

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
Segment Information (Tables)	Mar. 31, 2017
Segment Reporting [Abstract]
Segment information	NEE's segment information is as follows: Three Months Ended March 31, 2017 2016 FPL NEER (a) Corporate and Other NEE Consoli- dated FPL NEER (a) Corporate NEE Consoli- dated (millions) Operating revenues $ 2,527 $ 1,424 $ 21 $ 3,972 $ 2,303 $ 1,441 $ 91 $ 3,835 Operating expenses - net $ 1,716 $ 931 $ (1,080 ) $ 1,567 $ 1,589 $ 946 $ 66 $ 2,601 Net income attributable to NEE $ 445 $ 476 (b) $ 662 $ 1,583 $ 393 $ 224 (b) $ 36 (c) $ 653 (c) ——————————————— (a) Interest expense allocated from NEECH is based on a deemed capital structure of 70% debt. For this purpose, the deferred credit associated with differential membership interests sold by NEER subsidiaries is included with debt. Residual NEECH corporate interest expense is included in Corporate and Other. (b) See Note 4 for a discussion of NEER's tax benefits related to PTCs. (c) Amounts were retrospectively adjusted to reflect the adoption in the second quarter of 2016 of an accounting standards update related to stock-based compensation. See Note 7 - Stock-Based Compensation. March 31, 2017 December 31, 2016 FPL NEER Corporate and Other NEE Consoli- dated FPL NEER Corporate and Other NEE Consoli- dated (millions) Total assets $ 47,050 $ 42,702 $ 1,453 $ 91,205 $ 45,501 $ 41,743 $ 2,749 $ 89,993

Summarized Financial Informat29

Summarized Financial Information of Capital Holdings (Tables)	3 Months Ended
	Mar. 31, 2017
Summarized Financial Information [Abstract]
Condensed Consolidating Statements of Income	Condensed Consolidating Statements of Income Three Months Ended March 31, 2017 2016 NEE (Guarantor) NEECH Other (a) NEE Consoli- dated NEE (Guarantor) (b) NEECH Other (a) NEE Consoli- dated (b) (millions) Operating revenues $ — $ 1,462 $ 2,510 $ 3,972 $ — $ 1,535 $ 2,300 $ 3,835 Operating expenses - net (6 ) 150 (1,711 ) (1,567 ) (4 ) (1,005 ) (1,592 ) (2,601 ) Interest expense — (241 ) (119 ) (360 ) — (397 ) (112 ) (509 ) Equity in earnings of subsidiaries 1,563 — (1,563 ) — 638 — (638 ) — Other income (deductions) - net — 229 (8 ) 221 — 147 24 171 Income (loss) before income taxes 1,557 1,600 (891 ) 2,266 634 280 (18 ) 896 Income tax expense (benefit) (26 ) 450 251 675 (19 ) 30 231 242 Net income (loss) 1,583 1,150 (1,142 ) 1,591 653 250 (249 ) 654 Less net income attributable to noncontrolling interests — 8 — 8 — 1 — 1 Net income (loss) attributable to NEE $ 1,583 $ 1,142 $ (1,142 ) $ 1,583 $ 653 $ 249 $ (249 ) $ 653 ——————————————— (a) Represents primarily FPL and consolidating adjustments. (b) Amounts were retrospectively adjusted to reflect the adoption in the second quarter of 2016 of an accounting standards update related to stock-based compensation. See Note 7 - Stock-Based Compensation.
Condensed Consolidating Statements of Comprehensive Income	Condensed Consolidating Statements of Comprehensive Income Three Months Ended March 31, 2017 2016 NEE (Guarantor) NEECH Other (a) NEE Consoli- dated NEE (Guarantor) (b) NEECH Other (a) NEE Consoli- dated (b) (millions) Comprehensive income (loss) attributable to NEE $ 1,613 $ 1,175 $ (1,175 ) $ 1,613 $ 707 $ 310 $ (310 ) $ 707 ——————————————— (a) Represents primarily FPL and consolidating adjustments. (b) Amounts were retrospectively adjusted to reflect the adoption in the second quarter of 2016 of an accounting standards update related to stock-based compensation. See Note 7 - Stock-Based Compensation.
Condensed Consolidating Balance Sheets	Condensed Consolidating Balance Sheets March 31, 2017 December 31, 2016 NEE (Guaran- tor) NEECH Other (a) NEE Consoli- dated NEE (Guaran- tor) NEECH Other (a) NEE Consoli- dated (millions) PROPERTY, PLANT AND EQUIPMENT Electric plant in service and other property $ 28 $ 39,401 $ 49,739 $ 89,168 $ 28 $ 38,671 $ 48,314 $ 87,013 Accumulated depreciation and amortization (19 ) (8,104 ) (12,645 ) (20,768 ) (18 ) (7,778 ) (12,305 ) (20,101 ) Total property, plant and equipment - net 9 31,297 37,094 68,400 10 30,893 36,009 66,912 CURRENT ASSETS Cash and cash equivalents 1 571 28 600 1 1,258 33 1,292 Receivables 263 1,413 484 2,160 88 1,615 736 2,439 Other 1 1,393 1,673 3,067 2 1,877 1,799 3,678 Total current assets 265 3,377 2,185 5,827 91 4,750 2,568 7,409 OTHER ASSETS Investment in subsidiaries 25,468 — (25,468 ) — 24,323 — (24,323 ) — Other 775 9,619 6,584 16,978 867 8,992 5,813 15,672 Total other assets 26,243 9,619 (18,884 ) 16,978 25,190 8,992 (18,510 ) 15,672 TOTAL ASSETS $ 26,517 $ 44,293 $ 20,395 $ 91,205 $ 25,291 $ 44,635 $ 20,067 $ 89,993 CAPITALIZATION Common shareholders' equity $ 25,497 $ 8,756 $ (8,756 ) $ 25,497 $ 24,341 $ 7,699 $ (7,699 ) $ 24,341 Noncontrolling interests — 972 — 972 — 990 — 990 Long-term debt — 18,367 10,172 28,539 — 18,112 9,706 27,818 Total capitalization 25,497 28,095 1,416 55,008 24,341 26,801 2,007 53,149 CURRENT LIABILITIES Debt due within one year — 3,466 1,859 5,325 — 2,237 785 3,022 Accounts payable 1 639 597 1,237 1 2,668 778 3,447 Other 311 1,580 1,308 3,199 231 2,624 1,595 4,450 Total current liabilities 312 5,685 3,764 9,761 232 7,529 3,158 10,919 OTHER LIABILITIES AND DEFERRED CREDITS Asset retirement obligations — 859 1,953 2,812 — 816 1,920 2,736 Deferred income taxes 85 3,240 8,402 11,727 82 3,002 8,017 11,101 Other 623 6,414 4,860 11,897 636 6,487 4,965 12,088 Total other liabilities and deferred credits 708 10,513 15,215 26,436 718 10,305 14,902 25,925 COMMITMENTS AND CONTINGENCIES TOTAL CAPITALIZATION AND LIABILITIES $ 26,517 $ 44,293 $ 20,395 $ 91,205 $ 25,291 $ 44,635 $ 20,067 $ 89,993 ——————————————— (a) Represents primarily FPL and consolidating adjustments.
Condensed Consolidating Statements of Cash Flows	Condensed Consolidating Statements of Cash Flows Three Months Ended March 31, 2017 2016 NEE (Guaran- tor) NEECH Other (a) NEE Consoli- dated NEE (Guaran- tor) NEECH Other (a) NEE Consoli- dated (millions) NET CASH PROVIDED BY OPERATING ACTIVITIES $ 522 $ 533 $ 309 $ 1,364 $ 728 $ 613 $ 204 $ 1,545 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures, independent power and other investments and nuclear fuel purchases — (3,413 ) (1,766 ) (5,179 ) — (2,683 ) (1,196 ) (3,879 ) Proceeds from sale of the fiber-optic telecommunications business — 1,484 — 1,484 — — — — Capital contributions from NEE (38 ) — 38 — (321 ) — 321 — Proceeds from sale or maturity of securities in special use funds and other investments — 243 492 735 — 293 530 823 Purchases of securities in special use funds and other investments — (285 ) (519 ) (804 ) — (294 ) (544 ) (838 ) Proceeds from sale of a noncontrolling interest in subsidiaries — — — — — 292 — 292 Other - net 1 6 23 30 — (97 ) 18 (79 ) Net cash used in investing activities (37 ) (1,965 ) (1,732 ) (3,734 ) (321 ) (2,489 ) (871 ) (3,681 ) CASH FLOWS FROM FINANCING ACTIVITIES Issuances of long-term debt — 489 200 689 — 1,250 — 1,250 Retirements of long-term debt — (514 ) (34 ) (548 ) — (333 ) (34 ) (367 ) Proceeds from other short-term debt — — 200 200 — — 500 500 Net change in commercial paper — 1,085 956 2,041 — 692 494 1,186 Issuances of common stock - net 7 — — 7 17 — — 17 Dividends on common stock (460 ) — — (460 ) (401 ) — — (401 ) Contributions from (dividends to) NEE — (89 ) 89 — — 312 (312 ) — Other - net (32 ) (226 ) 7 (251 ) (21 ) 2 27 8 Net cash provided by (used in) financing activities (485 ) 745 1,418 1,678 (405 ) 1,923 675 2,193 Net increase (decrease) in cash and cash equivalents — (687 ) (5 ) (692 ) 2 47 8 57 Cash and cash equivalents at beginning of period 1 1,258 33 1,292 — 546 25 571 Cash and cash equivalents at end of period $ 1 $ 571 $ 28 $ 600 $ 2 $ 593 $ 33 $ 628 ——————————————— (a) Represents primarily FPL and consolidating adjustments.

Employee Retirement Benefits (D

Employee Retirement Benefits (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Pension Benefits [Member]
Net periodic benefit (income) cost [Abstract]
Service cost	$ 16	$ 16
Interest cost	21	26
Expected return on plan assets	(67)	(65)
Amortization of prior service benefit	0	0
Special termination benefits	1	0
Net periodic benefit (income) cost	(29)	(23)
Postretirement Benefits [Member]
Net periodic benefit (income) cost [Abstract]
Service cost	0	1
Interest cost	2	3
Expected return on plan assets	0	0
Amortization of prior service benefit	0	(1)
Special termination benefits	0	0
Net periodic benefit (income) cost	2	3
FPL [Member] \| Pension Benefits [Member]
Net periodic benefit (income) cost [Abstract]
Net periodic benefit (income) cost	(18)	(15)
FPL [Member] \| Postretirement Benefits [Member]
Net periodic benefit (income) cost [Abstract]
Net periodic benefit (income) cost	$ 2	$ 2

Derivative Instruments (Details

Derivative Instruments (Details) - USD ($) $ in Millions	3 Months Ended
Derivative Instruments (Details) - USD ($) $ in Millions	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Derivatives, Fair Value [Line Items]
Total loss to be reclassified during next 12 months	$ 76
Margin cash collateral received from counterparties that was not offset against derivative assets	157		$ 5
Margin cash collateral provided to counterparties that was not offset against derivative assets or liabilities	20		$ 129
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Interest Expense [Member]
Derivatives, Fair Value [Line Items]
Reclassification out of AOCI into interest expense, before tax	2	$ 14
Reclassification out of AOCI into interest expense, net of tax	$ 1	$ 9

Derivative Instruments (Balance

Derivative Instruments (Balance Sheet Disclosure) (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Derivatives, Fair Value [Line Items]
Derivative Asset	$ 2,140	$ 2,235
Derivative Liability	803	881
Current derivative assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset	678	885
Derivative Asset, Collateral, Obligation to Return Cash, Offset	158	96
Non Current Derivative Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset	1,462	1,350
Derivative Asset, Collateral, Obligation to Return Cash, Offset	70	71
Current derivative liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	330	404
Noncurrent derivative liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	473	477
Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	4,798	4,879
Derivative Liability, Fair Value, Gross Liability	3,233	3,358
Derivative Asset	2,140	2,235
Derivative Liability	803	881
FPL [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset	82	209
Derivative Liability	5	1
FPL [Member] \| Current derivative assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset	82	209
FPL [Member] \| Current derivative liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	4	1
FPL [Member] \| Noncurrent derivative liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	1
Commodity Contract [Member] \| Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	4,539	4,590
Derivative Liability, Fair Value, Gross Liability	2,863	2,968
Derivative Asset	1,877	1,938
Derivative Liability	429	483
Commodity Contract [Member] \| FPL [Member] \| Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	84	212
Derivative Liability, Fair Value, Gross Liability	7	4
Derivative Asset	82	209
Derivative Liability	5	1
Interest Rate Contract [Member] \| Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	258	288
Derivative Liability, Fair Value, Gross Liability	290	284
Derivative Asset	262	296
Derivative Liability	294	292
Foreign Exchange Contract [Member] \| Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	1	1
Derivative Liability, Fair Value, Gross Liability	80	106
Derivative Asset	1	1
Derivative Liability	$ 80	$ 106

Derivative Instruments (Income

Derivative Instruments (Income Statement Disclosure) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Not Designated as Hedging Instrument [Member]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ 253	$ 152
Not Designated as Hedging Instrument [Member] \| Commodity Contract [Member] \| Gains (losses) included in operating revenues [Member]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	291	330
Not Designated as Hedging Instrument [Member] \| Commodity Contract [Member] \| Gains (losses) included in fuel, purchased power and interchange [Member]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	0	2
Not Designated as Hedging Instrument [Member] \| Interest Rate Contract [Member] \| Gain Loss Included In Interest Expense Member
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(45)	(179)
Not Designated as Hedging Instrument [Member] \| Foreign Exchange Contract [Member] \| Gain Loss Included In Interest Expense Member
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	21	30
Not Designated as Hedging Instrument [Member] \| Foreign Exchange Contract [Member] \| Gains (Losses) Included In Other - Net [Member]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(1)	0
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Not Designated as Hedging Instrument [Member] \| Interest Rate Contract [Member] \| Gain Loss Included In Interest Expense Member
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Interest Expense	(10)	(28)
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Not Designated as Hedging Instrument [Member] \| Foreign Exchange Contract [Member] \| Gain Loss Included In Interest Expense Member
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Interest Expense	(3)	(3)
FPL [Member]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Gains (losses) on commodity contracts, recorded as regulatory assets and or liabilities on the balance sheet due to regulatory treatment	$ (104)	$ (108)

Derivative Instruments (Net Not

Derivative Instruments (Net Notional Volumes and Additional Disclosures) (Details) bbl in Millions, MWh in Millions, MMBTU in Millions, $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2017USD ($)MWhMMBTUbbl	Dec. 31, 2016USD ($)MWhMMBTUbbl
Currency Swap [Member]
Derivative [Line Items]
Notional amount \| $	$ 716	$ 705
Interest Rate Contract [Member]
Derivative [Line Items]
Notional amount \| $	$ 15,400	$ 15,100
Short [Member] \| Commodity contract - Power [Member]
Derivative [Line Items]
Non-monetary net notional amount (in MWh) \| MWh	(80)	(84)
Short [Member] \| Commodity contract - Oil [Member]
Derivative [Line Items]
Non-monetary net notional amount (in barrels) \| bbl	(12)	(7)
Short [Member] \| FPL [Member] \| Commodity contract - Power [Member]
Derivative [Line Items]
Non-monetary net notional amount (in MWh) \| MWh	0	0
Short [Member] \| FPL [Member] \| Commodity contract - Oil [Member]
Derivative [Line Items]
Non-monetary net notional amount (in barrels) \| bbl	0	0
Long [Member] \| Commodity contract - Natural gas [Member]
Derivative [Line Items]
Non-monetary net notional amount (in MMBtu) \| MMBTU	969	1,002
Long [Member] \| FPL [Member] \| Commodity contract - Natural gas [Member]
Derivative [Line Items]
Non-monetary net notional amount (in MMBtu) \| MMBTU	638	618

Derivative Instruments (Credit-

Derivative Instruments (Credit-Risk-Related Contingent Features) (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Derivative [Line Items]
Fair value of derivative instruments with credit-risk-related contingent features that were in a liability position	$ 1,200	$ 1,300
Total required posted collateral should FPL's and Capital Holdings' credit ratings fall to BBB/Baa2	75	110
Total required posted collateral should FLP's and Capital Holdings' credit ratings fall below investment grade	960	990
Additional collateral requirements if non-ratings based contract provisions are triggered	220	225
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	43	30
Collateral Already Posted, Aggregate Fair Value	2	1
FPL [Member]
Derivative [Line Items]
Fair value of derivative instruments with credit-risk-related contingent features that were in a liability position	6	5
Total required posted collateral should FPL's and Capital Holdings' credit ratings fall to BBB/Baa2	0	0
Total required posted collateral should FLP's and Capital Holdings' credit ratings fall below investment grade	0	0
Additional collateral requirements if non-ratings based contract provisions are triggered	120	115
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
Collateral Already Posted, Aggregate Fair Value	$ 0	$ 0

Fair Value Measurements (Assets

Fair Value Measurements (Assets and Liabilities Measured on a Recurring Basis) (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Derivatives:
Derivative assets	$ 2,140	$ 2,235
Derivatives:
Derivative liability	803	881
Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	307	982
Special use funds:
Equity securities	3,060	2,913
U.S. Government and municipal bonds	490	466
Corporate debt securities	797	764
Mortgage-backed securities	479	498
Other debt securities	115	81
Other investments:
Equity Securities	33	35
Debt securities	144	161
Fair value measurements made on a recurring basis [Member] \| Commodity Contract [Member]
Derivatives:
Derivative asset, netting	(2,662)	(2,652)
Derivative assets	1,877	1,938
Derivatives:
Derivative liability, netting	(2,434)	(2,485)
Derivative liability	429	483
Fair value measurements made on a recurring basis [Member] \| Interest Rate Contract [Member]
Derivatives:
Derivative asset, netting	4	8
Derivative assets	262	296
Derivatives:
Derivative liability, netting	4	8
Derivative liability	294	292
Fair value measurements made on a recurring basis [Member] \| Foreign Currency Swap [Member]
Derivatives:
Derivative asset, netting	0	0
Derivative assets	1	1
Derivatives:
Derivative liability, netting	0	0
Derivative liability	80	106
Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] \| Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	307	982
Special use funds:
Equity securities	1,482	1,410
U.S. Government and municipal bonds	328	296
Corporate debt securities	1	1
Mortgage-backed securities	0	0
Other debt securities	0	0
Other investments:
Equity Securities	23	26
Debt securities	6	8
Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] \| Fair value measurements made on a recurring basis [Member] \| Commodity Contract [Member]
Derivatives:
Derivative asset before netting	1,504	1,563
Derivatives:
Derivative liability before netting	1,398	1,476
Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] \| Fair value measurements made on a recurring basis [Member] \| Interest Rate Contract [Member]
Derivatives:
Derivative asset before netting	0	0
Derivatives:
Derivative liability before netting	0	0
Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] \| Fair value measurements made on a recurring basis [Member] \| Foreign Currency Swap [Member]
Derivatives:
Derivative asset before netting	0	0
Derivatives:
Derivative liability before netting	0	0
Significant Other Observable Inputs (Level 2) [Member] \| Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	0	0
Special use funds:
Equity securities	1,578	1,503
U.S. Government and municipal bonds	162	170
Corporate debt securities	796	763
Mortgage-backed securities	479	498
Other debt securities	115	81
Other investments:
Equity Securities	10	9
Debt securities	138	153
Significant Other Observable Inputs (Level 2) [Member] \| Fair value measurements made on a recurring basis [Member] \| Commodity Contract [Member]
Derivatives:
Derivative asset before netting	1,772	1,827
Derivatives:
Derivative liability before netting	1,028	980
Significant Other Observable Inputs (Level 2) [Member] \| Fair value measurements made on a recurring basis [Member] \| Interest Rate Contract [Member]
Derivatives:
Derivative asset before netting	254	285
Derivatives:
Derivative liability before netting	175	171
Significant Other Observable Inputs (Level 2) [Member] \| Fair value measurements made on a recurring basis [Member] \| Foreign Currency Swap [Member]
Derivatives:
Derivative asset before netting	1	1
Derivatives:
Derivative liability before netting	80	106
Significant Unobservable Inputs (Level 3) [Member] \| Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	0	0
Special use funds:
Equity securities	0	0
U.S. Government and municipal bonds	0	0
Corporate debt securities	0	0
Mortgage-backed securities	0	0
Other debt securities	0	0
Other investments:
Equity Securities	0	0
Debt securities	0	0
Significant Unobservable Inputs (Level 3) [Member] \| Fair value measurements made on a recurring basis [Member] \| Commodity Contract [Member]
Derivatives:
Derivative asset before netting	1,263	1,200
Derivatives:
Derivative liability before netting	437	512
Significant Unobservable Inputs (Level 3) [Member] \| Fair value measurements made on a recurring basis [Member] \| Interest Rate Contract [Member]
Derivatives:
Derivative asset before netting	4	3
Derivatives:
Derivative liability before netting	115	113
Significant Unobservable Inputs (Level 3) [Member] \| Fair value measurements made on a recurring basis [Member] \| Foreign Currency Swap [Member]
Derivatives:
Derivative asset before netting	0	0
Derivatives:
Derivative liability before netting	0	0
FPL [Member]
Derivatives:
Derivative assets	82	209
Derivatives:
Derivative liability	5	1
FPL [Member] \| Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	87	120
Special use funds:
Equity securities	1,826	1,745
U.S. Government and municipal bonds	379	362
Corporate debt securities	575	547
Mortgage-backed securities	368	384
Other debt securities	102	70
FPL [Member] \| Fair value measurements made on a recurring basis [Member] \| Commodity Contract [Member]
Derivatives:
Derivative asset, netting	(2)	(3)
Derivative assets	82	209
Derivatives:
Derivative liability, netting	(2)	(3)
Derivative liability	5	1
FPL [Member] \| Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] \| Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	87	120
Special use funds:
Equity securities	386	373
U.S. Government and municipal bonds	245	221
Corporate debt securities	0	0
Mortgage-backed securities	0	0
Other debt securities	0	0
FPL [Member] \| Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member] \| Fair value measurements made on a recurring basis [Member] \| Commodity Contract [Member]
Derivatives:
Derivative asset before netting	0	0
Derivatives:
Derivative liability before netting	0	0
FPL [Member] \| Significant Other Observable Inputs (Level 2) [Member] \| Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	0	0
Special use funds:
Equity securities	1,440	1,372
U.S. Government and municipal bonds	134	141
Corporate debt securities	575	547
Mortgage-backed securities	368	384
Other debt securities	102	70
FPL [Member] \| Significant Other Observable Inputs (Level 2) [Member] \| Fair value measurements made on a recurring basis [Member] \| Commodity Contract [Member]
Derivatives:
Derivative asset before netting	83	208
Derivatives:
Derivative liability before netting	2	1
FPL [Member] \| Significant Unobservable Inputs (Level 3) [Member] \| Fair value measurements made on a recurring basis [Member]
Cash equivalents:
Equity securities	0	0
Special use funds:
Equity securities	0	0
U.S. Government and municipal bonds	0	0
Corporate debt securities	0	0
Mortgage-backed securities	0	0
Other debt securities	0	0
FPL [Member] \| Significant Unobservable Inputs (Level 3) [Member] \| Fair value measurements made on a recurring basis [Member] \| Commodity Contract [Member]
Derivatives:
Derivative asset before netting	1	4
Derivatives:
Derivative liability before netting	5	3
Other Current Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring [Line Items]
Restricted cash	135	164
Other Current Assets [Member] \| FPL [Member]
Fair Value, Assets and Liabilities Measured on Recurring [Line Items]
Restricted cash	$ 87	$ 120

Fair Value Measurements (Signif

Fair Value Measurements (Significant Unobservable Inputs Used in Valuation of Contracts) (Details) - Level 3 [Member] $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)$ / shares$ / MWh$ / MMBTU
Forward Contracts - Power [Member] \| Discounted Cash Flow Member] \| Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Forward price (in dollars per energy unit) \| $ / MWh	0
Forward Contracts - Power [Member] \| Discounted Cash Flow Member] \| Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Forward price (in dollars per energy unit) \| $ / MWh	84
Forward contracts - Gas [Member] \| Discounted Cash Flow Member] \| Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Forward price (in dollars per energy unit) \| $ / MMBTU	2
Forward contracts - Gas [Member] \| Discounted Cash Flow Member] \| Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Forward price (in dollars per energy unit) \| $ / MMBTU	6
Forward contracts - Other [Member] \| Discounted Cash Flow Member] \| Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Expected rates (in dollars per unit) \| $ / shares	$ (16)
Forward contracts - Other [Member] \| Discounted Cash Flow Member] \| Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Expected rates (in dollars per unit) \| $ / shares	$ 55
Option Contracts, Power [Member] \| Option Models [Member] \| Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Implied volatilities (percent)	8.00%
Implied correlations (percent)	1.00%
Option Contracts, Power [Member] \| Option Models [Member] \| Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Implied volatilities (percent)	264.00%
Implied correlations (percent)	100.00%
Option Contracts, Primarily Gas [Member] \| Option Models [Member] \| Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Implied volatilities (percent)	1.00%
Implied correlations (percent)	1.00%
Option Contracts, Primarily Gas [Member] \| Option Models [Member] \| Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Implied volatilities (percent)	95.00%
Implied correlations (percent)	100.00%
Full Requirements and Unit Contingent Contracts [Member] \| Discounted Cash Flow Member] \| Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Forward price (in dollars per energy unit) \| $ / MWh	(19.707)
Customer migration rate (percent)	0.00%
Full Requirements and Unit Contingent Contracts [Member] \| Discounted Cash Flow Member] \| Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Forward price (in dollars per energy unit) \| $ / MWh	202.804
Customer migration rate (percent)	20.00%
Interest Rate Swap [Member] \| NextEra Energy Resources [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Liabilities, Fair Value Disclosure	$ 111
Derivative Financial Instruments, Liabilities [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Liabilities, Fair Value Disclosure	437
Derivative Financial Instruments, Liabilities [Member] \| Forward Contracts - Power [Member] \| Discounted Cash Flow Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Liabilities, Fair Value Disclosure	214
Derivative Financial Instruments, Liabilities [Member] \| Forward contracts - Gas [Member] \| Discounted Cash Flow Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Liabilities, Fair Value Disclosure	11
Derivative Financial Instruments, Liabilities [Member] \| Forward contracts - Other [Member] \| Discounted Cash Flow Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Liabilities, Fair Value Disclosure	1
Derivative Financial Instruments, Liabilities [Member] \| Option Contracts, Power [Member] \| Option Models [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Liabilities, Fair Value Disclosure	18
Derivative Financial Instruments, Liabilities [Member] \| Option Contracts, Primarily Gas [Member] \| Option Models [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Liabilities, Fair Value Disclosure	166
Derivative Financial Instruments, Liabilities [Member] \| Full Requirements and Unit Contingent Contracts [Member] \| Discounted Cash Flow Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Liabilities, Fair Value Disclosure	27
Derivative Financial Instruments, Assets [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value Disclosure	1,263
Derivative Financial Instruments, Assets [Member] \| Forward Contracts - Power [Member] \| Discounted Cash Flow Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value Disclosure	737
Derivative Financial Instruments, Assets [Member] \| Forward contracts - Gas [Member] \| Discounted Cash Flow Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value Disclosure	28
Derivative Financial Instruments, Assets [Member] \| Forward contracts - Other [Member] \| Discounted Cash Flow Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value Disclosure	2
Derivative Financial Instruments, Assets [Member] \| Option Contracts, Power [Member] \| Option Models [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value Disclosure	46
Derivative Financial Instruments, Assets [Member] \| Option Contracts, Primarily Gas [Member] \| Option Models [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value Disclosure	156
Derivative Financial Instruments, Assets [Member] \| Full Requirements and Unit Contingent Contracts [Member] \| Discounted Cash Flow Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value Disclosure	$ 294

Fair Value Measurements (Reconc

Fair Value Measurements (Reconciliation of Changes in the Fair Value) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair value based on significant unobservable inputs, beginning balance	$ 578	$ 538
Realized and unrealized gains (losses): [Abstract]
Included in Earnings	216	254
Included in other comprehensive income	(1)	(6)
Included in regulatory assets and liabilities	(2)	(3)
Purchases	21	100
Settlements	(85)	(133)
Issuances	(16)	(74)
Transfers in	9	3
Transfers out	(5)	(30)
Fair value based on significant unobservable inputs, ending balance	715	649
The amount of gains (losses) for the period included in earnings attributable to the change in unrealized gains (losses) relating to derivatives still held at the reporting date	141	196
Realized and unrealized gains (losses) reflected in operating revenues	215	274
Unrealized gains (losses) reflected in operating revenues related to derivatives still held at the reporting date	141	216
FPL [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair value based on significant unobservable inputs, beginning balance	1	0
Realized and unrealized gains (losses): [Abstract]
Included in Earnings	0	0
Included in other comprehensive income	0	0
Included in regulatory assets and liabilities	(2)	(3)
Purchases	0	0
Settlements	(3)	(5)
Issuances	0	0
Transfers in	0	0
Transfers out	0	0
Fair value based on significant unobservable inputs, ending balance	(4)	(8)
The amount of gains (losses) for the period included in earnings attributable to the change in unrealized gains (losses) relating to derivatives still held at the reporting date	$ 0	$ 0

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value of Instruments Recorded at Carrying Amount) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special Use Funds Storm Fund Assets		$ 74
Special use funds: nuclear decommissioning fund assets	$ 5,625	5,434
Available for sale debt securities amortized cost	1,878	1,820
Available For Sale Securities Equity Securities Amortized Cost	$ 1,556	1,543
Special Use Funds Nuclear Decommissioning Funds Weighted Average Maturity	9 years
Special Use Funds Storm Fund Weighted Average Maturity	3 years
Liabilities associated with assets held-for-sale [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt		373
Estimated Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special Use Funds Fair Value Disclosure	$ 684	712
Other Investments Financial Instruments Primarily Notes Receivable Fair Value Disclosure	682	668
Long Term Debt Including Current Maturities Fair Value Disclosure	32,820	31,623
Estimated Fair Value [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long Term Debt Including Current Maturities Fair Value Disclosure	30,910	29,804
Carrying Amount [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special Use Funds Fair Value Disclosure	684	712
Other Investments Financial Instruments Primarily Notes Receivable Fair Value Disclosure	512	526
Long Term Debt Including Current Maturities Fair Value Disclosure	31,299	30,418
FPL [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special Use Funds Storm Fund Assets	75	74
Special use funds: nuclear decommissioning fund assets	3,780	3,665
Available for sale debt securities amortized cost	1,423	1,373
Available For Sale Securities Equity Securities Amortized Cost	$ 743	764
Special Use Funds Nuclear Decommissioning Funds Weighted Average Maturity	9 years
Special Use Funds Storm Fund Weighted Average Maturity	3 years
FPL [Member] \| Estimated Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special Use Funds Fair Value Disclosure	$ 530	557
Long Term Debt Including Current Maturities Fair Value Disclosure	11,703	11,211
FPL [Member] \| Carrying Amount [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Special Use Funds Fair Value Disclosure	530	557
Long Term Debt Including Current Maturities Fair Value Disclosure	$ 10,556	$ 10,072

Fair Value Measurements (Availa

Fair Value Measurements (Available for Sale Securities) (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Realized Gains	$ 55	$ 22
Realized Losses	29	18
Proceeds from Sale and Maturity of Available-for-sale Securities	626	701
Unrealized losses on available for sale debt securities	24		$ 34
Fair value of available for sale securities in an unrealized loss position	839		959
FPL [Member]
Schedule of Available-for-sale Securities [Line Items]
Realized Gains	13	10
Realized Losses	19	10
Proceeds from Sale and Maturity of Available-for-sale Securities	441	$ 530
Unrealized losses on available for sale debt securities	20		28
Fair value of available for sale securities in an unrealized loss position	647		$ 722
Available For Sale Securities: Special Use Funds - Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Unrealized gains	1,509			$ 1,396
Available For Sale Securities: Special Use Funds - Equity Securities [Member] \| FPL [Member]
Schedule of Available-for-sale Securities [Line Items]
Unrealized gains	1,087			1,007
available for sale securities: Special Use Funds - Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Unrealized gains	27			22
available for sale securities: Special Use Funds - Debt Securities [Member] \| FPL [Member]
Schedule of Available-for-sale Securities [Line Items]
Unrealized gains	$ 21			$ 17

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Mar. 31, 2017	Mar. 31, 2016
Income Tax Contingency [Line Items]
Effective income tax rate (as a percent)	30.00%	27.00%
Production tax credits	$ 28	$ 42
Deferred income tax benefit associated with convertible investment tax credits	$ 128	$ 37
Production tax credit (PTC), roll off period	10 years

Pending Business Acquisitions (

Pending Business Acquisitions (Details)	Mar. 31, 2017
Energy Future Holdings Corp., Texas Transmission Holdings Corporation, and Oncor Management Investment LLC [Member] \| Oncor Electric Delivery Company LLC [Member]
Business Acquisition [Line Items]
Percentage of interests to be acquired in pending merger	100.00%

Variable Interest Entities (V43

Variable Interest Entities (VIEs) (Details) $ in Millions	3 Months Ended	12 Months Ended
Variable Interest Entities (VIEs) (Details) $ in Millions	Mar. 31, 2017USD ($)variable_interest_entityMW	Dec. 31, 2007USD ($)	Dec. 31, 2016USD ($)
Variable Interest Entity [Line Items]
Total number of consolidated variable interest entities \| variable_interest_entity	33
Investment in subsidiaries	$ 0		$ 0
NEP OpCo [Member]
Variable Interest Entity [Line Items]
Total number of consolidated variable interest entities \| variable_interest_entity	1
Carrying amount of assets, consolidated variable interest entity	$ 7,100		7,200
Carrying amount of liabilities, consolidated variable interest entity	4,900		5,000
Other variable interest entities [Member]
Variable Interest Entity [Line Items]
Investments in special purpose entities	2,596		2,505
FPL [Member] \| Bankruptcy remote special purpose subsidiary [Member]
Variable Interest Entity [Line Items]
Carrying amount of assets, consolidated variable interest entity	177		216
Carrying amount of liabilities, consolidated variable interest entity	177		214
FPL [Member] \| Other variable interest entities [Member]
Variable Interest Entity [Line Items]
Investments in special purpose entities	$ 2,130		2,049
NextEra Energy Resources [Member]
Variable Interest Entity [Line Items]
Total number of consolidated variable interest entities \| variable_interest_entity	32
NextEra Energy Resources [Member] \| Gas and/or oil variable interest entities [Member]
Variable Interest Entity [Line Items]
Total number of consolidated variable interest entities \| variable_interest_entity	1
Carrying amount of assets, consolidated variable interest entity	$ 87		95
Carrying amount of liabilities, consolidated variable interest entity	$ 34		42
Natural gas and or oil electric generating facility capacity (in megawatts) \| MW	110
NextEra Energy Resources [Member] \| Photovoltaic Solar Facility [Member]
Variable Interest Entity [Line Items]
Wind electric generating facility capability (in megawatts) \| MW	374
NextEra Energy Resources [Member] \| Wind variable interest entities [Member]
Variable Interest Entity [Line Items]
Total number of consolidated variable interest entities \| variable_interest_entity	27
Carrying amount of assets, consolidated variable interest entity	$ 10,900		10,900
Carrying amount of liabilities, consolidated variable interest entity	$ 5,900		6,900
Wind electric generating facility capability (in megawatts) \| MW	6,847
NEECH [Member] \| Special Purpose Entity that has Insufficient Equity at Risk [Member]
Variable Interest Entity [Line Items]
Carrying amount of assets, consolidated variable interest entity	$ 513		502
Carrying amount of liabilities, consolidated variable interest entity	$ 499		511
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	2
Carrying amount of assets, consolidated variable interest entity	$ 567		571
Carrying amount of liabilities, consolidated variable interest entity	$ 488		487
Ownership percentage	50.00%
Solar generating facility capability (in MW) \| MW	277
Subsidiaries of NEE [Member]
Variable Interest Entity [Line Items]
Additional commitments to invest	$ 30
Additional VIEs committed to invest in \| variable_interest_entity	2
Other Investments [Member]
Variable Interest Entity [Line Items]
Investment in subsidiaries	$ 226		$ 234
Senior Secured Debt [Member] \| FPL [Member] \| Bankruptcy remote special purpose subsidiary [Member]
Variable Interest Entity [Line Items]
Storm-recovery bonds aggregate principal amount issued		$ 652
Proceeds from issuance of storm-recovery bonds		$ 644
NEP OpCo [Member]
Variable Interest Entity [Line Items]
Ownership percentage	65.20%

Common Shareholders' Equity (Ea

Common Shareholders' Equity (Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016		Jan. 01, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Antidilutive securities (in shares)	11.9	0.2
Reconciliation of basic and diluted earnings per share of common stock [Abstract]
Net income (loss) attributable to NEE	$ 1,583	$ 653	[1]
Denominator:
Weighted-average number of common shares outstanding - basic	467.5	460.5	[1]
Equity units, performance share awards, options, forward sale agreement and restricted stock	2.7	2.9
Weighted-average number of common shares outstanding - assuming dilution	470.2	463.4	[1]
Earnings per share attributable to NEE:
Basic (in dollars per share)	$ 3.39	$ 1.42	[1]
Assuming dilution (in dollars per share)	$ 3.37	$ 1.41	[1]
Adjustments for New Accounting Principle, Early Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Decrease to unrecognized tax benefits				$ 18
Impact of Restatement on Income, Net of Tax		$ 17
Impact of Restatement on Earnings Per Share, Basic and Diluted		$ 0.04

[1]	Amounts have been retrospectively adjusted. See Note 7 - Stock-Based Compensation.

Common Shareholders' Equity (Ac

Common Shareholders' Equity (Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ (70)	$ (167)
Other comprehensive income (loss) before reclassifications	48	18
Amounts reclassified from AOCI	(7)	22
Total other comprehensive income, net of tax	41	40	[1]
Less other comprehensive loss attributable to noncontrolling interests	11	(14)
Ending balance	(40)	(113)
Net Unrealized Gains (Losses) on Cash Flow Hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(100)	(170)
Other comprehensive income (loss) before reclassifications	0	0
Amounts reclassified from AOCI	9	23
Total other comprehensive income, net of tax	9	23
Less other comprehensive loss attributable to noncontrolling interests	10	(1)
Ending balance	(101)	(146)
Net Unrealized Gains (Losses) on Available for Sale Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	225	174
Other comprehensive income (loss) before reclassifications	34	8
Amounts reclassified from AOCI	(16)	(1)
Total other comprehensive income, net of tax	18	7
Less other comprehensive loss attributable to noncontrolling interests	0	0
Ending balance	243	181
Defined Benefit Pension and Other Benefits Plans
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(83)	(62)
Other comprehensive income (loss) before reclassifications	(3)	(7)
Amounts reclassified from AOCI	0	0
Total other comprehensive income, net of tax	(3)	(7)
Less other comprehensive loss attributable to noncontrolling interests	0	0
Ending balance	(86)	(69)
Net Unrealized Gains (Losses) on Foreign Currency Translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(90)	(85)
Other comprehensive income (loss) before reclassifications	16	20
Amounts reclassified from AOCI	0	0
Total other comprehensive income, net of tax	16	20
Less other comprehensive loss attributable to noncontrolling interests	1	(13)
Ending balance	(75)	(52)
Other Comprehensive Income (Loss) Related to Equity Method Investee
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(22)	(24)
Other comprehensive income (loss) before reclassifications	1	(3)
Amounts reclassified from AOCI	0	0
Total other comprehensive income, net of tax	1	(3)
Less other comprehensive loss attributable to noncontrolling interests	0	0
Ending balance	$ (21)	$ (27)

[1]	Amounts have been retrospectively adjusted. See Note 7 - Stock-Based Compensation.

Debt (Details)

Debt (Details)	3 Months Ended
Debt (Details)	Mar. 31, 2017USD ($)
FPL [Member] \| Other Long Term Debt, Variable [Member]
Debt Instrument [Line Items]
Principal Amount	$ 200
Interest Rate Terms	Variable
NEER [Member] \| Senior Secured Limited Recourse Term Loans, Variable [Member]
Debt Instrument [Line Items]
Principal Amount	$ 279
Interest Rate Terms	Variable
NEER [Member] \| Other Long Term Debt, Variable [Member]
Debt Instrument [Line Items]
Principal Amount	$ 200
Interest Rate Terms	Variable

Summary of Significant Accoun47

Summary of Significant Accounting and Reporting Policies (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended			12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	[1]	Dec. 31, 2017
Subsidiary, Sale of Stock [Line Items]
Net income (loss) attributable to NEE	$ 1,583	$ 653
FPL FiberNet [Member] \| Indirect Wholly-Owned Subsidiary [Member]
Subsidiary, Sale of Stock [Line Items]
Proceeds from sale of ownership interest in merchant natural gas generation facilities	1,100
Retirement of debt	370
Gain on sale of ownership interest in merchant natural gas generation facilities	1,100
Gain on sale of ownership interest in merchant natural gas facilities after-tax	$ 685
Minimum [Member] \| wind, natural gas and solar plants [Member] \| NextEra Energy Resources [Member]
Subsidiary, Sale of Stock [Line Items]
Useful life	30 years
Maximum [Member] \| wind, natural gas and solar plants [Member] \| NextEra Energy Resources [Member]
Subsidiary, Sale of Stock [Line Items]
Useful life	35 years
Service Life [Member]
Subsidiary, Sale of Stock [Line Items]
Net income (loss) attributable to NEE	$ 15
Basic and diluted earnings per share (in dollars per share)	$ 0.03
Scenario, Forecast [Member] \| Service Life [Member]
Subsidiary, Sale of Stock [Line Items]
Net income (loss) attributable to NEE				$ 60

[1]	Amounts have been retrospectively adjusted. See Note 7 - Stock-Based Compensation.

Commitments and Contingencies48

Commitments and Contingencies (Planned Capital Expenditures) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)MW
Corporate and Other [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2017	$ 40
2,018	60
2,019	90
2,020	50
2,021	40
Total	280
FPL [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2017	3,820
2,018	4,280
2,019	4,050
2,020	3,585
2,021	3,560
Total	19,295
NextEra Energy Resources [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2017	1,945
2,018	2,005
2,019	1,430
2,020	310
2,021	310
Total	6,000
New Generation Expenditures [Member] \| FPL [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2017	935
2,018	660
2,019	475
2,020	35
2,021	5
Total	2,110
Allowance for funds used during construction (AFUDC) - remainder of 2017	69
Allowance for funds used during construction (AFUDC) - 2018	78
Allowance for funds used during construction (AFUDC) - 2019	44
Allowance for funds used during construction (AFUDC) - 2020	5
Existing Generation Expenditures [Member] \| FPL [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2017	790
2,018	755
2,019	615
2,020	655
2,021	510
Total	3,325
Transmission And Distribution Expenditures [Member] \| FPL [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2017	1,680
2,018	2,400
2,019	2,540
2,020	2,465
2,021	2,675
Total	11,760
Nuclear Fuel Expenditures [Member] \| FPL [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2017	45
2,018	190
2,019	170
2,020	210
2,021	120
Total	735
General And Other Expenditures [Member] \| FPL [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2017	370
2,018	275
2,019	250
2,020	220
2,021	250
Total	1,365
Wind Expenditures [Member] \| NextEra Energy Resources [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2017	910
2,018	855
2,019	1,125
2,020	30
2,021	25
Total	$ 2,945
Planned new generation over 5 year period (in megawatts) \| MW	2,880
Solar Expenditures [Member] \| NextEra Energy Resources [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2017	$ 190
2,018	10
2,019	5
2,020	0
2,021	0
Total	$ 205
Planned new generation over 5 year period (in megawatts) \| MW	140
Nuclear Expenditures [Member] \| NextEra Energy Resources [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2017	$ 185
2,018	250
2,019	230
2,020	215
2,021	245
Total	1,125
Pipelines [Member] \| NextEra Energy Resources [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2017	450
2,018	850
2,019	40
2,020	35
2,021	10
Total	1,385
Other Expenditures [Member] \| NextEra Energy Resources [Member]
Planned Capital Expenditures [Line Items]
Remainder of 2017	210
2,018	40
2,019	30
2,020	30
2,021	30
Total	$ 340

Commitments and Contingencies49

Commitments and Contingencies (Long-term Purchase Commitment) (Details) $ in Millions	May 01, 2017MMBTU / d	Jan. 31, 2017USD ($)MW	Mar. 31, 2017USD ($)MW	Mar. 31, 2016USD ($)
Corporate and Other [Member]
Required capacity and/or minimum payments [Abstract]
Remainder of 2017			$ 60
2,018			20
2,019			0
2,020			5
2,021			0
Thereafter			0
Commitment to invest			30
Joint Obligations Of NEECH and NEER included NEER Amounts due in the current year			445
Joint Obligations Of NEECH and NEER included NEER Amounts due in the second year			20
FPL [Member]
Required capacity and/or minimum payments [Abstract]
Capacity payments			20	$ 47
Energy payments			16	$ 16
FPL [Member] \| Capacity Charges [Member]
Required capacity and/or minimum payments [Abstract]
Remainder of 2017			55
2,018			65
2,019			50
2,020			20
2,021			20
Thereafter			$ 250
FPL [Member] \| Take-or-Pay Contract Range 1 [Member]
Long-term Purchase Commitment [Line Items]
Minimum annual purchase commitments (in megawatts) \| MW			375
FPL [Member] \| Natural Gas, Including Transportation And Storage, Contract Minimum Payments [Member]
Required capacity and/or minimum payments [Abstract]
Remainder of 2017			$ 1,150
2,018			935
2,019			860
2,020			910
2,021			905
Thereafter			12,065
FPL [Member] \| Coal Contract Minimum Payments [Member]
Required capacity and/or minimum payments [Abstract]
Remainder of 2017			105
2,018			5
2,019			5
2,020			0
2,021			0
Thereafter			$ 0
FPL [Member] \| Pay-for-Performance Contracts [Member]
Long-term Purchase Commitment [Line Items]
Minimum total purchase commitments (in megawatts) \| MW			114
FPL [Member] \| Scenario, Forecast [Member] \| Sabal Trail and Florida Southeast Connection [Member]
Long-term Purchase Commitment [Line Items]
Time period under contracts	25 years
Long Term Purchase Commitment, Initial Quantity Per Day \| MMBTU / d	400,000
Long Term Purchase Commitment, Increased Volume Required \| MMBTU / d	600,000
FPL [Member] \| Sabal Trail and Florida Southeast Connection [Member] \| Natural Gas, Including Transportation And Storage, Contract Minimum Payments [Member]
Required capacity and/or minimum payments [Abstract]
Remainder of 2017			$ 200
2,018			295
2,019			290
2,020			360
2,021			390
Thereafter			7,495
NextEra Energy Resources [Member]
Required capacity and/or minimum payments [Abstract]
Remainder of 2017			1,440
2,018			1,020
2,019			140
2,020			105
2,021			75
Thereafter			295
NextEra Energy Resources [Member] \| Contract Group 1 [Member]
Long-term Purchase Commitment [Line Items]
Commitment amount included in capital expenditures			$ 2,900
Indiantown, Florida [Member] \| FPL [Member] \| Coal Fired Generation Facility [Member]
Long-term Purchase Commitment [Line Items]
Coal fired generating facility capacity (in megawatts) \| MW		330
Purchase price		$ 451
Existing debt assumed		218
Other Regulatory Assets (Liabilities) [Member] \| Indiantown, Florida [Member] \| FPL [Member] \| Coal Fired Generation Facility [Member]
Long-term Purchase Commitment [Line Items]
Regulatory asset		$ 451
Regulatory asset amortization period (in years)		9 years

Commitments and Contingencies50

Commitments and Contingencies (Insurance) (Details) $ in Millions	Mar. 31, 2017USD ($)
Insurance [Abstract]
Maximum obtainable amount of private liability insurance available under Price-Anderson Act	$ 450
Amount of secondary financial protection liability insurance coverage per incident	13,000
Potential Retrospective Assessments Under Secondary Financial Protection System	1,000
Potential Retrospective Assessments Under Secondary Financial Protection System Payable Per Incident Per Year	152
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
Potential amount of retrospective assessment per occurrence per site for property damage, decontamination and premature decommissioning risks	179
FPL [Member]
Insurance [Abstract]
Potential Retrospective Assessments Under Secondary Financial Protection System	509
Potential Retrospective Assessments Under Secondary Financial Protection System Payable Per Incident Per Year	76
Potential amount of retrospective assessment per occurrence per site for property damage, decontamination and premature decommissioning risks	108
Seabrook Station Insurance [Member]
Insurance [Abstract]
Potential retrospective assessment recoverable from minority interest for nuclear liability secondary financial protection	15
Potential retrospective assessment recoverable from minority interest for property damage, decontamination and premature decommissioning risks	2
Duane Arnold Energy Center Insurance [Member]
Insurance [Abstract]
Potential retrospective assessment recoverable from minority interest for nuclear liability secondary financial protection	38
Potential retrospective assessment recoverable from minority interest for property damage, decontamination and premature decommissioning risks	5
St Lucie Unit No 2 Insurance [Member]
Insurance [Abstract]
Potential retrospective assessment recoverable from minority interest for nuclear liability secondary financial protection	19
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
Segment Information (Details) - USD ($) $ in Millions		Mar. 31, 2017	Mar. 31, 2016		Dec. 31, 2016
Segment Reporting Information [Line Items]
Deemed capital structure of NextEra Energy Resources		70.00%
OPERATING REVENUES		$ 3,972	$ 3,835	[1]
Operating expenses		1,567	2,601	[1]
Net income (loss) attributable to NEE		1,583	653	[1]
Total assets		91,205			$ 89,993
NextEra Energy Resources [Member]
Segment Reporting Information [Line Items]
Operating revenues		1,424	1,441
Operating expenses		931	946
Net income (loss) attributable to NEE		476	224
Total assets		42,702			41,743
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Operating revenues		21	91
Operating expenses		(1,080)	66
Net income (loss) attributable to NEE		662	36
Total assets		1,453			2,749
FPL [Member]
Segment Reporting Information [Line Items]
OPERATING REVENUES		2,527	2,303
Operating expenses		1,716	1,589
Net income (loss) attributable to NEE	[2]	445	393
Total assets		47,050			$ 45,501
FPL [Member] \| Subsegments [Domain]
Segment Reporting Information [Line Items]
Operating expenses		1,716	1,589
Net income (loss) attributable to NEE		$ 445	393
Adjustments for New Accounting Principle, Early Adoption [Member]
Segment Reporting Information [Line Items]
Impact of Restatement on Income, Net of Tax			$ 17

[1]	Amounts have been retrospectively adjusted. See Note 7 - Stock-Based Compensation.
[2]	FPL's comprehensive income is the same as reported net income.

Summarized Financial Informat52

Summarized Financial Information of Capital Holdings (Statement of Operations) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Condensed Consolidating Statements of Income
Operating revenues	$ 3,972	$ 3,835	[1]
Operating expenses	(1,567)	(2,601)	[1]
Interest expense	(360)	(509)	[1]
Equity in earnings of subsidiaries	0	0
Other income - net	221	171
INCOME BEFORE INCOME TAXES	2,266	896	[1]
Income tax expense (benefit)	675	242	[1]
Net Income (Loss)	1,591	654	[1]
LESS NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	8	1	[1]
Net Income (Loss) Attributable to Parent	1,583	653	[1]
Comprehensive income (loss) attributable to NEE	1,613	707	[1]
NextEra Energy (Guarantor) [Member]
Condensed Consolidating Statements of Income
Operating revenues	0	0
Operating expenses	(6)	(4)
Interest expense	0	0
Equity in earnings of subsidiaries	1,563	638
Other income - net	0	0
INCOME BEFORE INCOME TAXES	1,557	634
Income tax expense (benefit)	(26)	(19)
Net Income (Loss)	1,583	653
LESS NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	0	0
Net Income (Loss) Attributable to Parent	1,583	653
Comprehensive income (loss) attributable to NEE	1,613	707
Capital Holdings Consolidated [Member]
Condensed Consolidating Statements of Income
Operating revenues	1,462	1,535
Operating expenses	150	(1,005)
Interest expense	(241)	(397)
Equity in earnings of subsidiaries	0	0
Other income - net	229	147
INCOME BEFORE INCOME TAXES	1,600	280
Income tax expense (benefit)	450	30
Net Income (Loss)	1,150	250
LESS NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	8	1
Net Income (Loss) Attributable to Parent	1,142	249
Comprehensive income (loss) attributable to NEE	1,175	310
Other Consolidated Entity And Consolidation Eliminations [Member]
Condensed Consolidating Statements of Income
Operating revenues	2,510	2,300
Operating expenses	(1,711)	(1,592)
Interest expense	(119)	(112)
Equity in earnings of subsidiaries	(1,563)	(638)
Other income - net	(8)	24
INCOME BEFORE INCOME TAXES	(891)	(18)
Income tax expense (benefit)	251	231
Net Income (Loss)	(1,142)	(249)
LESS NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	0	0
Net Income (Loss) Attributable to Parent	(1,142)	(249)
Comprehensive income (loss) attributable to NEE	$ (1,175)	$ (310)

[1]	Amounts have been retrospectively adjusted. See Note 7 - Stock-Based Compensation.

Summarized Financial Informat53

Summarized Financial Information of Capital Holdings (Balance Sheet) (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016		Dec. 31, 2015
Condensed Financial Statements, Captions [Line Items]
NEECH a 100% owned subsidiary of NEE	100.00%
PROPERTY, PLANT AND EQUIPMENT
Electric plant in service and other property	$ 89,168	$ 87,013
Accumulated depreciation and amortization	(20,768)	(20,101)
Total property, plant and equipment - net	68,400	66,912
CURRENT ASSETS
Cash and cash equivalents	600	1,292	$ 628	[1]	$ 571	[1]
Receivables	2,160	2,439
Other	3,067	3,678
Total current assets	5,827	7,409
OTHER ASSETS
Investment in subsidiaries	0	0
Other	16,978	15,672
Total other assets	16,978	15,672
TOTAL ASSETS	91,205	89,993
CAPITALIZATION
Common shareholders' equity	25,497	24,341
Noncontrolling interests	972	990
Long-term debt	28,539	27,818
Total capitalization	55,008	53,149
CURRENT LIABILITIES
Debt due within one year	5,325	3,022
Accounts payable	1,237	3,447
Other	3,199	4,450
Total current liabilities	9,761	10,919
OTHER LIABILITIES AND DEFERRED CREDITS
Asset retirement obligations	2,812	2,736
Deferred income taxes	11,727	11,101
Other	11,897	12,088
Total other liabilities and deferred credits	26,436	25,925
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES	91,205	89,993
NextEra Energy (Guarantor) [Member]
PROPERTY, PLANT AND EQUIPMENT
Electric plant in service and other property	28	28
Accumulated depreciation and amortization	(19)	(18)
Total property, plant and equipment - net	9	10
CURRENT ASSETS
Cash and cash equivalents	1	1	2		0
Receivables	263	88
Other	1	2
Total current assets	265	91
OTHER ASSETS
Investment in subsidiaries	25,468	24,323
Other	775	867
Total other assets	26,243	25,190
TOTAL ASSETS	26,517	25,291
CAPITALIZATION
Common shareholders' equity	25,497	24,341
Noncontrolling interests	0	0
Long-term debt	0	0
Total capitalization	25,497	24,341
CURRENT LIABILITIES
Debt due within one year	0	0
Accounts payable	1	1
Other	311	231
Total current liabilities	312	232
OTHER LIABILITIES AND DEFERRED CREDITS
Asset retirement obligations	0	0
Deferred income taxes	85	82
Other	623	636
Total other liabilities and deferred credits	708	718
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES	26,517	25,291
Capital Holdings Consolidated [Member]
PROPERTY, PLANT AND EQUIPMENT
Electric plant in service and other property	39,401	38,671
Accumulated depreciation and amortization	(8,104)	(7,778)
Total property, plant and equipment - net	31,297	30,893
CURRENT ASSETS
Cash and cash equivalents	571	1,258	593		546
Receivables	1,413	1,615
Other	1,393	1,877
Total current assets	3,377	4,750
OTHER ASSETS
Investment in subsidiaries	0	0
Other	9,619	8,992
Total other assets	9,619	8,992
TOTAL ASSETS	44,293	44,635
CAPITALIZATION
Common shareholders' equity	8,756	7,699
Noncontrolling interests	972	990
Long-term debt	18,367	18,112
Total capitalization	28,095	26,801
CURRENT LIABILITIES
Debt due within one year	3,466	2,237
Accounts payable	639	2,668
Other	1,580	2,624
Total current liabilities	5,685	7,529
OTHER LIABILITIES AND DEFERRED CREDITS
Asset retirement obligations	859	816
Deferred income taxes	3,240	3,002
Other	6,414	6,487
Total other liabilities and deferred credits	10,513	10,305
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES	44,293	44,635
Other Consolidated Entity And Consolidation Eliminations [Member]
PROPERTY, PLANT AND EQUIPMENT
Electric plant in service and other property	49,739	48,314
Accumulated depreciation and amortization	(12,645)	(12,305)
Total property, plant and equipment - net	37,094	36,009
CURRENT ASSETS
Cash and cash equivalents	28	33	$ 33		$ 25
Receivables	484	736
Other	1,673	1,799
Total current assets	2,185	2,568
OTHER ASSETS
Investment in subsidiaries	(25,468)	(24,323)
Other	6,584	5,813
Total other assets	(18,884)	(18,510)
TOTAL ASSETS	20,395	20,067
CAPITALIZATION
Common shareholders' equity	(8,756)	(7,699)
Noncontrolling interests	0	0
Long-term debt	10,172	9,706
Total capitalization	1,416	2,007
CURRENT LIABILITIES
Debt due within one year	1,859	785
Accounts payable	597	778
Other	1,308	1,595
Total current liabilities	3,764	3,158
OTHER LIABILITIES AND DEFERRED CREDITS
Asset retirement obligations	1,953	1,920
Deferred income taxes	8,402	8,017
Other	4,860	4,965
Total other liabilities and deferred credits	15,215	14,902
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES	$ 20,395	$ 20,067

[1]	Amounts have been retrospectively adjusted. See Note 7 - Stock-Based Compensation.

Summarized Financial Informat54

Summarized Financial Information of Capital Holdings (Statement of Cash Flows) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Condensed Consolidating Statements of Cash Flows
NET CASH PROVIDED BY OPERATING ACTIVITIES	$ 1,364	$ 1,545	[1]
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures, independent power and other investments and nuclear fuel purchases	(5,179)	(3,879)
Proceeds from sale of the fiber-optic telecommunications business	1,484	0	[1]
Capital contributions from NEE	0	0
Proceeds from sale or maturity of securities in special use funds	735	823	[1]
Purchases of securities in special use funds	(804)	(838)	[1]
Proceeds from sale of a noncontrolling interest in subsidiaries	0	292	[1]
Other - net	30	(79)
Net cash used in investing activities	(3,734)	(3,681)	[1]
CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of long-term debt	689	1,250	[1]
Retirements of long-term debt	(548)	(367)	[1]
Proceeds from other short-term debt	200	500	[1]
Net change in commercial paper	2,041	1,186	[1]
Issuances of common stock - net	7	17	[1]
Dividends on common stock	(460)	(401)	[1]
Contributions from (dividends to) NEE	0	0
Other - net	(251)	8	[1]
Net cash provided by (used in) financing activities	1,678	2,193	[1]
Net increase (decrease) in cash and cash equivalents	(692)	57	[1]
Cash and cash equivalents at beginning of period	1,292	571	[1]
Cash and cash equivalents at end of period	600	628	[1]
NextEra Energy (Guarantor) [Member]
Condensed Consolidating Statements of Cash Flows
NET CASH PROVIDED BY OPERATING ACTIVITIES	522	728
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures, independent power and other investments and nuclear fuel purchases	0	0
Proceeds from sale of the fiber-optic telecommunications business	0	0
Capital contributions from NEE	(38)	(321)
Proceeds from sale or maturity of securities in special use funds	0	0
Purchases of securities in special use funds	0	0
Proceeds from sale of a noncontrolling interest in subsidiaries	0	0
Other - net	1	0
Net cash used in investing activities	(37)	(321)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of long-term debt	0	0
Retirements of long-term debt	0	0
Proceeds from other short-term debt	0	0
Net change in commercial paper	0	0
Issuances of common stock - net	7	17
Dividends on common stock	(460)	(401)
Contributions from (dividends to) NEE	0	0
Other - net	(32)	(21)
Net cash provided by (used in) financing activities	(485)	(405)
Net increase (decrease) in cash and cash equivalents	0	2
Cash and cash equivalents at beginning of period	1	0
Cash and cash equivalents at end of period	1	2
Capital Holdings Consolidated [Member]
Condensed Consolidating Statements of Cash Flows
NET CASH PROVIDED BY OPERATING ACTIVITIES	533	613
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures, independent power and other investments and nuclear fuel purchases	(3,413)	(2,683)
Proceeds from sale of the fiber-optic telecommunications business	1,484	0
Capital contributions from NEE	0	0
Proceeds from sale or maturity of securities in special use funds	243	293
Purchases of securities in special use funds	(285)	(294)
Proceeds from sale of a noncontrolling interest in subsidiaries	0	292
Other - net	6	(97)
Net cash used in investing activities	(1,965)	(2,489)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of long-term debt	489	1,250
Retirements of long-term debt	(514)	(333)
Proceeds from other short-term debt	0	0
Net change in commercial paper	1,085	692
Issuances of common stock - net	0	0
Dividends on common stock	0	0
Contributions from (dividends to) NEE	(89)	312
Other - net	(226)	2
Net cash provided by (used in) financing activities	745	1,923
Net increase (decrease) in cash and cash equivalents	(687)	47
Cash and cash equivalents at beginning of period	1,258	546
Cash and cash equivalents at end of period	571	593
Other Consolidated Entity And Consolidation Eliminations [Member]
Condensed Consolidating Statements of Cash Flows
NET CASH PROVIDED BY OPERATING ACTIVITIES	309	204
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures, independent power and other investments and nuclear fuel purchases	(1,766)	(1,196)
Proceeds from sale of the fiber-optic telecommunications business	0	0
Capital contributions from NEE	38	321
Proceeds from sale or maturity of securities in special use funds	492	530
Purchases of securities in special use funds	(519)	(544)
Proceeds from sale of a noncontrolling interest in subsidiaries	0	0
Other - net	23	18
Net cash used in investing activities	(1,732)	(871)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of long-term debt	200	0
Retirements of long-term debt	(34)	(34)
Proceeds from other short-term debt	200	500
Net change in commercial paper	956	494
Issuances of common stock - net	0	0
Dividends on common stock	0	0
Contributions from (dividends to) NEE	89	(312)
Other - net	7	27
Net cash provided by (used in) financing activities	1,418	675
Net increase (decrease) in cash and cash equivalents	(5)	8
Cash and cash equivalents at beginning of period	33	25
Cash and cash equivalents at end of period	$ 28	$ 33

[1]	Amounts have been retrospectively adjusted. See Note 7 - Stock-Based Compensation.