XML 51 R11.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Comprehensive Income
6 Months Ended
Jun. 30, 2011
Comprehensive Income [Abstract]  
Comprehensive Income
6.  Comprehensive Income

NextEra Energy's comprehensive income is as follows:

   
Three Months Ended
June 30,
 
   
2011
  
2010
 
   
(millions)
 
        
Net income of NextEra Energy
 $580  $417 
Net unrealized gains (losses) on cash flow hedges:
        
Effective portion of net unrealized losses (net of $28 and $24 tax benefit, respectively)
  (81 )  (40 )
Reclassification from AOCI to net income (net of $1 and $13 tax benefit, respectively)
  4   (18 )
Net unrealized gains (losses) on available for sale securities:
        
Net unrealized gains (losses) on securities still held (net of $1 tax expense and $22 tax benefit, respectively)
  1   (32 )
Reclassification from AOCI to net income (net of $9 and $4 tax benefit, respectively)
  (13 )  (5 )
Net unrealized gains (losses) on foreign currency translation (net of $1 tax expense and $6 tax benefit, respectively)
  2   (12 )
Comprehensive income of NextEra Energy
 $493  $310 
 
   
Six Months Ended
June 30,
 
   
2011
  
2010
 
   
(millions)
 
        
Net income of NextEra Energy
 $848  $973 
Net unrealized gains (losses) on cash flow hedges:
        
Effective portion of net unrealized losses (net of $33 and $30 tax benefit, respectively)
  (91 )  (52 )
Reclassification from AOCI to net income (net of $7 tax expense and $21 tax benefit, respectively)
  21   (27 )
Net unrealized gains (losses) on available for sale securities:
        
Net unrealized gains (losses) on securities still held (net of $15 tax expense and $6 tax benefit, respectively)
  23   (13 )
Reclassification from AOCI to net income (net of $14 and $11 tax benefit, respectively)
  (22 )  (14 )
Defined benefit pension and other benefits plans (net of $4 tax expense)
  6   - 
Net unrealized gains (losses) on foreign currency translation (net of $6 tax expense and $7 tax benefit, respectively)
  12   (14 )
Comprehensive income of NextEra Energy
 $797  $853 

Approximately $13 million of losses included in NextEra Energy's AOCI at June 30, 2011 related to derivative instruments are expected to be reclassified into earnings within the next twelve months as either the hedged fuel is consumed, electricity is sold or principal and/or interest payments are made.  Such amount assumes no change in fuel prices, power prices, interest rates or scheduled principal payments.  AOCI is separately displayed on the condensed consolidated balance sheets of NextEra Energy.  FPL's comprehensive income is the same as its reported net income.