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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
OPERATING REVENUES $ 19,204 $ 16,727 $ 17,173
OPERATING EXPENSES (INCOME)      
Fuel, purchased power and interchange 4,363 3,732 4,071
Other operations and maintenance 3,640 3,330 3,458
Storm restoration costs 234 3 1,255
Impairment charges 72 11 446
Acquisition-related 35 32 69
Depreciation and amortization 4,216 3,911 2,357
Gains on disposal of businesses/assets - net (406) (80) (1,111)
Taxes other than income taxes and other - net 1,697 1,508 1,455
Total operating expenses - net 13,851 12,447 12,000
OPERATING INCOME 5,353 4,280 5,173
OTHER INCOME (DEDUCTIONS)      
Interest expense (2,249) (1,498) (1,558)
Benefits associated with differential membership interests - net 0 0 460
Equity in earnings of equity method investees 66 358 141
Allowance for equity funds used during construction 67 96 92
Interest income 54 51 81
Gain on NEP deconsolidation 0 3,927 0
Gains on disposal of investments and other property - net 55 111 112
Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds - net 238 (189) 0
Other net periodic benefit income 185 168 151
Other - net 67 48 11
Total other income (deductions) - net (1,517) 3,072 (510)
Income (loss) before income taxes 3,836 7,352 4,663
INCOME TAX EXPENSE (BENEFIT) 448 1,576 (660)
NET INCOME 3,388 5,776 5,323
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS 381 862 57
NET INCOME ATTRIBUTABLE TO NEE $ 3,769 $ 6,638 $ 5,380
Earnings per share attributable to NEE:      
Basic $ 7.82 $ 14.03 $ 11.48
Assuming dilution $ 7.76 $ 13.88 $ 11.39
FPL[Member]      
OPERATING REVENUES $ 12,192 $ 11,862 $ 11,972
OPERATING EXPENSES (INCOME)      
Fuel, purchased power and interchange 3,256 3,250 3,541
Other operations and maintenance 1,519 1,514 1,554
Storm restoration costs 234 3 1,255
Depreciation and amortization 2,524 2,633 940
Taxes other than income taxes and other - net 1,357 1,308 1,292
Total operating expenses - net 8,890 8,708 8,582
OPERATING INCOME 3,302 3,154 3,390
OTHER INCOME (DEDUCTIONS)      
Interest expense (594) (541) (481)
Allowance for equity funds used during construction 62 90 79
Other - net 5 7 (2)
Total other income (deductions) - net (527) (444) (404)
Income (loss) before income taxes 2,775 2,710 2,986
INCOME TAX EXPENSE (BENEFIT) 441 539 1,106
NET INCOME [1] $ 2,334 $ 2,171 $ 1,880
[1]
FPL's comprehensive income is the same as reported net income.