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Segment Information (Tables)
6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Segment information
 
Three Months Ended June 30,
 
2014
 
2013
 
FPL
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
FPL
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
Operating revenues
$
2,889

 
$
1,036

 
$
104

 
$
4,029

 
$
2,696

 
$
1,046

 
$
91

 
$
3,833

Operating expenses
$
2,107

 
$
896

 
$
75

 
$
3,078

 
$
1,972

 
$
806

 
$
74

 
$
2,852

Net income (loss)
$
423

 
$
81

(b) 
$
(12
)
 
$
492

 
$
391

 
$
229

(b) 
$
(10
)

$
610


 
Six Months Ended June 30,
 
2014
 
2013
 
FPL
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
FPL
 
NEER(a)
 
Corporate
and Other
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
Operating revenues
$
5,424

 
$
2,069

 
$
210

 
$
7,703

 
$
4,885

 
$
2,062

 
$
165

 
$
7,112

Operating expenses
$
4,010

 
$
1,846

 
$
157

 
$
6,013

 
$
3,618

 
$
1,955

(c) 
$
124

 
$
5,697

Income (loss) from continuing operations(d)
$
770

 
$
167

(b) 
$
(16
)
 
$
921

 
$
679

 
$
(27
)
(b) 
$

 
$
652

Gain from discontinued operations, net of income taxes(d)(e)
$

 
$

 
$

 
$

 
$

 
$
216

 
$
15

 
$
231

Net income (loss)
$
770

 
$
167

(b) 
$
(16
)
 
$
921

 
$
679

 
$
189

(b) 
$
15

 
$
883


————————————
(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 non-utility interest expense is included in Corporate and Other.
(b)
Includes NEER's tax benefits related to PTCs and for the six months ended June 30, 2013 also includes after-tax charges of $342 million associated with the impairment of the Spain solar projects.  See Note 4 - Nonrecurring Fair Value Measurements and Note 5.
(c)
Includes an impairment charge on NEER's Spain solar projects of $300 million.  See Note 4 - Nonrecurring Fair Value Measurements.
(d)
Prior year amounts were restated to conform to current year's presentation.  See Note 4 - Nonrecurring Fair Value Measurements.
(e)
See Note 6.

 
June 30, 2014
 
December 31, 2013
 
FPL
 
NEER
 
Corporate
and Other
 
NEE
Consoli-
dated
 
FPL
 
NEER
 
Corporate
and Other
 
NEE
Consoli-
dated
 
 
 
 
 
 
 
(millions)
 
 
 
 
 
 
Total assets
$
37,882

 
$
30,952

 
$
2,756

 
$
71,590

 
$
36,488

 
$
30,154

 
$
2,664

 
$
69,306