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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 692 $ 1,105
Customer receivables, net of allowances 3,205 2,263
Other receivables 653 711
Materials, supplies and fossil fuel inventory 1,744 1,552
Regulatory assets 589 377
Derivatives 1,079 570
Other 1,610 804
Total current assets 9,572 7,382
Other assets:    
Property, plant and equipment – net 99,141 91,803
Special use funds 8,485 7,779
Investment in equity method investees 5,942 5,728
Prepaid benefit costs 1,845 1,707
Regulatory assets 3,665 3,712
Derivatives 1,258 1,647
Goodwill 4,844 4,254
Other 4,411 3,672
Total other assets 129,591 120,302
TOTAL ASSETS 139,163 127,684
Current liabilities:    
Commercial paper 3,594 1,551
Other short-term debt 700 458
Current portion of long-term debt 2,955 4,138
Accounts payable 5,456 4,615
Customer deposits 482 474
Accrued interest and taxes 1,157 519
Derivatives 2,597 311
Accrued construction-related expenditures 1,396 991
Regulatory liabilities 296 245
Other 1,823 2,256
Total current liabilities 20,456 15,558
Other liabilities and deferred credits:    
Long-term debt 48,092 41,944
Asset retirement obligations 2,968 3,057
Deferred income taxes 8,134 8,020
Regulatory liabilities 10,717 10,735
Derivatives 1,538 1,199
Other 2,532 2,242
Total other liabilities and deferred credits 73,981 67,197
TOTAL LIABILITIES 94,437 82,755
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NONCONTROLLING INTERESTS 79 0
EQUITY    
Common stock 20 20
Additional paid-in capital 11,259 11,222
Retained earnings 25,464 25,363
Accumulated other comprehensive loss (94) (92)
Total common shareholders' equity 36,649 36,513
Noncontrolling interests 7,998 8,416
TOTAL EQUITY 44,647 44,929
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY 139,163 127,684
FPL [Member]    
Current assets:    
Cash and cash equivalents 71 25 [1]
Customer receivables, net of allowances 1,548 1,141 [1]
Other receivables 374 405 [1]
Materials, supplies and fossil fuel inventory 922 899 [1]
Regulatory assets 562 360 [1]
Other 164 182 [1]
Total current assets 3,641 3,012 [1]
Other assets:    
Electric utility plant and other property – net 57,026 53,879 [1]
Special use funds 5,860 5,347 [1]
Prepaid benefit costs 1,630 1,550 [1]
Regulatory assets 3,259 3,399 [1]
Goodwill 2,989 2,989 [1]
Other 840 825 [1]
Total other assets 71,604 67,989 [1]
TOTAL ASSETS 75,245 71,001 [1]
Current liabilities:    
Commercial paper 699 1,551 [1]
Other short-term debt 200 200 [1]
Current portion of long-term debt 536 354 [1]
Accounts payable 1,195 874 [1]
Customer deposits 475 468 [1]
Accrued interest and taxes 913 300 [1]
Accrued construction-related expenditures 461 423 [1]
Regulatory liabilities 279 224 [1]
Other 598 948 [1]
Total current liabilities 5,356 5,342 [1]
Other liabilities and deferred credits:    
Long-term debt 16,788 16,882 [1]
Asset retirement obligations 1,953 1,871 [1]
Deferred income taxes 6,982 6,519 [1]
Regulatory liabilities 10,578 10,600 [1]
Other 509 559 [1]
Total other liabilities and deferred credits 36,810 36,431 [1]
TOTAL LIABILITIES 42,166 41,773 [1]
COMMITMENTS AND CONTINGENCIES [1]
EQUITY    
Common stock 1,373 1,373 [1]
Additional paid-in capital 19,936 18,236 [1]
Retained earnings 11,770 9,619 [1]
TOTAL EQUITY 33,079 29,228 [1]
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY $ 75,245 $ 71,001 [1]
[1] Amounts have been retrospectively adjusted to reflect the merger of FPL and Gulf Power Company, see Note 5 – Merger of FPL and Gulf Power Company.