NextEra Energy (NEE) 10-Q 2018 Q2 Quarterly report

Exhibit 12(a)

NEXTERA ENERGY, INC. AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND

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

	Six Months Ended   June 30, 2018
	(millions of dollars)
Earnings, as defined:
Net income	$	4,532.2
Income taxes	1,479.0
Fixed charges included in the determination of net income, as below	663.6
Amortization of capitalized interest	14.2
Distributed income of equity method investees	170.1
Less equity in earnings of equity method investees	251.2
Total earnings, as defined	$	6,607.9
Fixed charges, as defined:
Interest expense	$	620.2
Rental interest factor	32.1
Allowance for borrowed funds used during construction	11.3
Fixed charges included in the determination of net income	663.6
Capitalized interest	37.3
Total fixed charges, as defined	$	700.9
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends(a)	9.43

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