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Equity (Tables)
9 Months Ended
Sep. 30, 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
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
 
(millions, except per share amounts)
Numerator - net income attributable to NEE
$
847

 
$
753

 
$
3,223

 
$
1,946

Denominator:
 

 
 

 
 
Weighted-average number of common shares outstanding - basic
469.4

 
463.3

 
468.3

 
461.7

Equity units, stock options, performance share awards, forward sale agreements and restricted stock(a)
4.1

 
2.7

 
3.7

 
3.0

Weighted-average number of common shares outstanding - assuming dilution
473.5

 
466.0

 
472.0

 
464.7

Earnings per share attributable to NEE:
 
 
 
 
 
Basic
$
1.80

 
$
1.63

 
$
6.88

 
$
4.21

Assuming dilution
$
1.79

 
$
1.62

 
$
6.83

 
$
4.19

———————————————
(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 September 30, 2017
 
Balances, June 30, 2017
$
(96
)

$
268


$
(76
)

$
(71
)

$
(22
)

$
3

Other comprehensive income before reclassifications


31




10


1


42

Amounts reclassified from AOCI
10

(a) 
(6
)
(b) 
(1
)





3

Net other comprehensive income (loss)
10


25


(1
)

10


1


45

Less other comprehensive income attributable to noncontrolling interests
(1
)
 

 

 
1

 

 

Balances, September 30, 2017
$
(85
)

$
293


$
(77
)

$
(62
)

$
(21
)

$
48

———————————————
(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 September 30, 2016

Balances, June 30, 2016
$
(134
)
 
$
193

 
$
(69
)
 
$
(44
)
 
$
(28
)

$
(82
)
Other comprehensive income (loss) before reclassifications

 
31

 

 
(9
)
 
3


25

Amounts reclassified from AOCI
17

(a) 
(2
)
(b) 

 

 


15

Net other comprehensive income (loss)
17

 
29

 

 
(9
)
 
3


40

Less other comprehensive loss attributable to noncontrolling interests

 

 

 
(6
)
 

 
(6
)
Balances, September 30, 2016
$
(117
)
 
$
222

 
$
(69
)
 
$
(47
)
 
$
(25
)

$
(36
)

———————————————
(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)
Nine Months Ended September 30, 2017
 
Balances, December 31, 2016
$
(100
)
 
$
225

 
$
(83
)
 
$
(90
)
 
$
(22
)
 
$
(70
)
Other comprehensive income before reclassifications

 
91

 
7

 
30

 
1

 
129

Amounts reclassified from AOCI
24

(a) 
(23
)
(b) 
(1
)
 

 

 

Net other comprehensive income
24

 
68

 
6

 
30

 
1

 
129

Less other comprehensive income attributable to noncontrolling interests
9

 

 

 
2

 

 
11

Balances, September 30, 2017
$
(85
)
 
$
293

 
$
(77
)
 
$
(62
)
 
$
(21
)
 
$
48

———————————————
(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)
Nine Months Ended September 30, 2016

Balances, December 31, 2015
$
(170
)
 
$
174

 
$
(62
)
 
$
(85
)
 
$
(24
)
 
$
(167
)
Other comprehensive income (loss) before reclassifications

 
56

 
(7
)
 
19

 
(1
)
 
67

Amounts reclassified from AOCI
53

(a) 
(8
)
(b) 

 

 

 
45

Net other comprehensive income (loss)
53

 
48

 
(7
)
 
19

 
(1
)
 
112

Less other comprehensive loss attributable to noncontrolling interests

 

 

 
(19
)
 

 
(19
)
Balances, September 30, 2016
$
(117
)
 
$
222

 
$
(69
)
 
$
(47
)
 
$
(25
)
 
$
(36
)
———————————————
(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.