Summarized Financial Information of NEECH (Tables)

12 Months Ended

Dec. 31, 2015

Summarized Financial Information [Abstract]

Condensed Consolidating Statements of Income



	Year Ended December 31, 2015												Year Ended December 31, 2014												Year Ended December 31, 2013
	NEE (Guaran- tor)			NEECH			Other^(a)			NEE Consoli- dated			NEE (Guaran- tor)			NEECH			Other^(a)			NEE Consoli- dated			NEE (Guaran- tor)			NEECH			Other^(a)			NEE Consoli- dated
	(millions)
Operating revenues	$	—		$	5,849		$	11,637		$	17,486		$	—		$	5,614		$	11,407		$	17,021		$	—		$	4,703		$	10,433		$	15,136
Operating expenses	(17		)	(4,142		)	(8,695		)	(12,854		)	(19		)	(4,039		)	(8,579		)	(12,637		)	(18		)	(3,983		)	(7,894		)	(11,895		)
Interest expense	(4		)	(764		)	(443		)	(1,211		)	(6		)	(819		)	(436		)	(1,261		)	(8		)	(705		)	(408		)	(1,121		)
Equity in earnings of subsidiaries	2,754			—			(2,754		)	—			2,494			—			(2,494		)	—			1,915			—			(1,915		)	—
Other income (deductions) - net	1			498			70			569			1			487			34			522			2			281			51			334
Income from continuing operations before income taxes	2,734			1,441			(185		)	3,990			2,470			1,243			(68		)	3,645			1,891			296			267			2,454
Income tax expense (benefit)	(18		)	299			947			1,228			5			262			909			1,176			(2		)	(55		)	834			777
Income (loss) from continuing operations	2,752			1,142			(1,132		)	2,762			2,465			981			(977		)	2,469			1,893			351			(567		)	1,677
Gain from discontinued operations, net of income taxes	—			—			—			—			—			—			—			—			15			216			—			231
Net income (loss)	2,752			1,142			(1,132		)	2,762			2,465			981			(977		)	2,469			1,908			567			(567		)	1,908
Less net income attributable to noncontrolling interests	—			10			—			10			—			4			—			4			—			—			—			—
Net income (loss) attributable to NEE	$	2,752		$	1,132		$	(1,132	)	$	2,752		$	2,465		$	977		$	(977	)	$	2,465		$	1,908		$	567		$	(567	)	$	1,908

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(a)	Represents FPL and consolidating adjustments.

Condensed Consolidating Statements of Comprehensive Income



	Year Ended December 31, 2015									Year Ended December 31, 2014									Year Ended December 31, 2013
	NEE (Guaran- tor)		NEECH		Other^(a)			NEE Consoli- dated		NEE (Guaran- tor)		NEECH		Other^(a)			NEE Consoli- dated		NEE (Guaran- tor)		NEECH		Other^(a)			NEE Consoli- dated
	(millions)
Comprehensive income (loss) attributable to NEE	$	2,625	$	1,049	$	(1,049	)	$	2,625	$	2,369	$	924	$	(924	)	$	2,369	$	2,219	$	781	$	(781	)	$	2,219

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(a)	Represents FPL and consolidating adjustments.

Condensed Consolidating Balance Sheets



	December 31, 2015												December 31, 2014
	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	$	27		$	34,921		$	45,382		$	80,330		$	27		$	31,674		$	41,938		$	73,639
Accumulated depreciation and amortization	(16		)	(7,067		)	(11,861		)	(18,944		)	(12		)	(6,640		)	(11,282		)	(17,934		)
Total property, plant and equipment - net	11			27,854			33,521			61,386			15			25,034			30,656			55,705
CURRENT ASSETS
Cash and cash equivalents	—			546			25			571			—			562			15			577
Receivables	90			1,510			665			2,265			82			1,378			699			2,159
Other	4			2,443			1,512			3,959			19			2,512			1,677			4,208
Total current assets	94			4,499			2,202			6,795			101			4,452			2,391			6,944
OTHER ASSETS
Investment in subsidiaries	22,544			—			(22,544		)	—			19,703			—			(19,703		)	—
Other	823			7,790			5,685			14,298			736			5,827			5,393			11,956
Total other assets	23,367			7,790			(16,859		)	14,298			20,439			5,827			(14,310		)	11,956
TOTAL ASSETS	$	23,472		$	40,143		$	18,864		$	82,479		$	20,555		$	35,313		$	18,737		$	74,605
CAPITALIZATION
Common shareholders' equity	$	22,574		$	6,990		$	(6,990	)	$	22,574		$	19,916		$	6,553		$	(6,553	)	$	19,916
Noncontrolling interests	—			538			—			538			—			252			—			252
Long-term debt	—			16,725			9,956			26,681			—			14,715			9,329			24,044
Total capitalization	22,574			24,253			2,966			49,793			19,916			21,520			2,776			44,212
CURRENT LIABILITIES
Debt due within one year	—			2,786			220			3,006			—			3,455			1,202			4,657
Accounts payable	4			1,919			606			2,529			29			739			586			1,354
Other	252			3,003			1,317			4,572			153			2,043			1,456			3,652
Total current liabilities	256			7,708			2,143			10,107			182			6,237			3,244			9,663
OTHER LIABILITIES AND DEFERRED CREDITS
Asset retirement obligations	—			647			1,822			2,469			—			631			1,355			1,986
Deferred income taxes	157			2,396			7,274			9,827			149			2,608			6,504			9,261
Other	485			5,139			4,659			10,283			308			4,317			4,858			9,483
Total other liabilities and deferred credits	642			8,182			13,755			22,579			457			7,556			12,717			20,730
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES	$	23,472		$	40,143		$	18,864		$	82,479		$	20,555		$	35,313		$	18,737		$	74,605

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(a)	Represents FPL and consolidating adjustments.

Condensed Consolidating Statements of Cash Flows



	Year Ended December 31, 2015												Year Ended December 31, 2014												Year Ended December 31, 2013
	NEE (Guar- antor)			NEECH			Other^(a)			NEE Consoli- dated			NEE (Guar- antor)			NEECH			Other^(a)			NEE Consoli- dated			NEE (Guar- antor)			NEECH			Other^(a)			NEE Consoli- dated
	(millions)
NET CASH PROVIDED BY OPERATING ACTIVITIES	$	1,659		$	2,488		$	1,969		$	6,116		$	1,615		$	1,976		$	1,909		$	5,500		$	1,147		$	1,466		$	2,489		$	5,102
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures, independent power and other investments and nuclear fuel purchases	—			(4,744		)	(3,633		)	(8,377		)	(1		)	(3,741		)	(3,275		)	(7,017		)	—			(3,756		)	(2,926		)	(6,682		)
Capital contributions from NEE	(1,480		)	—			1,480			—			(912		)	—			912			—			(777		)	—			777			—
Cash grants under the Recovery Act	—			8			—			8			—			343			—			343			—			165			—			165
Sale of independent power and other investments of NEER	—			52			—			52			—			307			—			307			—			165			—			165
Change in loan proceeds restricted for construction	—			27			(36		)	(9		)	—			(40		)	—			(40		)	—			228			—			228
Proceeds from the sale of a noncontrolling interest in subsidiaries	—			345			—			345			—			438			—			438			—			—			—			—
Other - net	—			9			(33		)	(24		)	10			(73		)	(329		)	(392		)	—			17			(16		)	1
Net cash used in investing activities	(1,480		)	(4,303		)	(2,222		)	(8,005		)	(903		)	(2,766		)	(2,692		)	(6,361		)	(777		)	(3,181		)	(2,165		)	(6,123		)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuances of long-term debt	—			4,689			1,083			5,772			—			4,057			997			5,054			—			3,874			497			4,371
Retirements of long-term debt	—			(3,421		)	(551		)	(3,972		)	—			(4,395		)	(355		)	(4,750		)	—			(1,943		)	(453		)	(2,396		)
Proceeds from differential membership investors	—			761			—			761			—			978			—			978			—			448			—			448
Issuances of notes payable	—			1,125			100			1,225			—			500			—			500			—			—			—			—
Retirements of notes payable	—			(813		)	—			(813		)	—			(500		)	—			(500		)	—			(200		)	—			(200		)
Net change in commercial paper	—			318			(1,086		)	(768		)	—			(487		)	938			451			—			(619		)	99			(520		)
Issuances of common stock - net	1,298			—			—			1,298			633			—			—			633			842			—			—			842
Dividends on common stock	(1,385		)	—			—			(1,385		)	(1,261		)	—			—			(1,261		)	(1,122		)	—			—			(1,122		)
Dividends to NEE	—			(698		)	698			—			—			812			(812		)	—			—			502			(502		)	—
Other - net	(92		)	(162		)	19			(235		)	(84		)	(31		)	10			(105		)	(92		)	(216		)	15			(293		)
Net cash provided by (used in) financing activities	(179		)	1,799			263			1,883			(712		)	934			778			1,000			(372		)	1,846			(344		)	1,130
Net increase (decrease) in cash and cash equivalents	—			(16		)	10			(6		)	—			144			(5		)	139			(2		)	131			(20		)	109
Cash and cash equivalents at beginning of year	—			562			15			577			—			418			20			438			2			287			40			329
Cash and cash equivalents at end of year	$	—		$	546		$	25		$	571		$	—		$	562		$	15		$	577		$	—		$	418		$	20		$	438

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(a)	Represents FPL and consolidating adjustments.