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Summary of Significant Accounting and Reporting Policies (Tables)
 12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of Regulatory Assets
NEE's and FPL's regulatory assets and liabilities are as follows:

NEEFPL
December 31,December 31,
2024202320242023
(millions)
Regulatory assets:
Current:
Early retirement of generation facilities and transmission assets(a)
$162 $160 $162 $160 
Deferred clause and franchise expenses(b)
98 1,014 98 1,014 
Storm restoration costs
1,019 
(c)
35 1,019 
(c)
35 
Other138 251 126 222 
Total$1,417 $1,460 $1,405 $1,431 
Noncurrent:    
Early retirement of generation facilities and transmission assets(a)
$2,037 $2,166 $2,037 $2,166 
Accrued asset removal costs(d)
1,398 1,021 1,373 1,021 
Other1,393 1,614 1,054 1,156 
Total$4,828 $4,801 $4,464 $4,343 
Regulatory liabilities:    
Current:
Deferred clause revenues$224 $330 $224 $330 
Other55 10 49 5 
Total$279 $340 $273 $335 
Noncurrent:    
Asset retirement obligation regulatory expense difference
$4,809 $4,066 $4,809 $4,066 
Accrued asset removal costs(d)
745 701 698 660 
Deferred taxes3,594 3,890 3,491 3,786 
Other1,487 1,392 1,467 1,381 
Total$10,635 $10,049 $10,465 $9,893 
______________________
(a)The majority of these regulatory assets are being amortized over 20 years.
(b)The majority of these regulatory assets are being amortized over a 21-month period that began April 2023.
(c)The majority of these regulatory assets are being amortized over a 12-month period that began in January 2025. See Storm Funds, Storm Reserves and Storm Cost Recovery below.
(d)See Electric Plant, Depreciation and Amortization below.
Schedule of Regulatory Liabilities
NEE's and FPL's regulatory assets and liabilities are as follows:

NEEFPL
December 31,December 31,
2024202320242023
(millions)
Regulatory assets:
Current:
Early retirement of generation facilities and transmission assets(a)
$162 $160 $162 $160 
Deferred clause and franchise expenses(b)
98 1,014 98 1,014 
Storm restoration costs
1,019 
(c)
35 1,019 
(c)
35 
Other138 251 126 222 
Total$1,417 $1,460 $1,405 $1,431 
Noncurrent:    
Early retirement of generation facilities and transmission assets(a)
$2,037 $2,166 $2,037 $2,166 
Accrued asset removal costs(d)
1,398 1,021 1,373 1,021 
Other1,393 1,614 1,054 1,156 
Total$4,828 $4,801 $4,464 $4,343 
Regulatory liabilities:    
Current:
Deferred clause revenues$224 $330 $224 $330 
Other55 10 49 5 
Total$279 $340 $273 $335 
Noncurrent:    
Asset retirement obligation regulatory expense difference
$4,809 $4,066 $4,809 $4,066 
Accrued asset removal costs(d)
745 701 698 660 
Deferred taxes3,594 3,890 3,491 3,786 
Other1,487 1,392 1,467 1,381 
Total$10,635 $10,049 $10,465 $9,893 
______________________
(a)The majority of these regulatory assets are being amortized over 20 years.
(b)The majority of these regulatory assets are being amortized over a 21-month period that began April 2023.
(c)The majority of these regulatory assets are being amortized over a 12-month period that began in January 2025. See Storm Funds, Storm Reserves and Storm Cost Recovery below.
(d)See Electric Plant, Depreciation and Amortization below.
Schedule of Goodwill and Other Intangible Assets NEE's goodwill and other intangible assets are as follows:
Weighted-
Average
Useful Lives		December 31,
20242023
(years)(millions)
Goodwill (by reporting unit):
FPL segment, primarily rate-regulated utilities
$2,965 $2,965 
NEER segment:
Rate-regulated assets, primarily transmission
1,167 1,218 
Gas infrastructure(a)
— 487 
Clean energy assets
424 315 
Customer supply
299 95 
Corporate and Other11 11 
Total goodwill$4,866 $5,091 
Other intangible assets not subject to amortization, primarily land easements$137 $136 
Other intangible assets subject to amortization:
Purchased power agreements (see Note 6)
17$633 $988 
Biogas rights agreements (see Note 6)
28933 531 
Other, primarily transportation contracts and customer lists19214 187 
Total1,780 1,706 
Accumulated amortization(202)(150)
Total other intangible assets subject to amortization – net
$1,578 $1,556 
______________________
(a)During the fourth quarter of 2024, as a result of selling ownership interests in certain natural gas and oil shale formations and in certain natural gas pipeline facilities (see Disposal of Businesses/Assets below), NEER reassessed and changed its reporting unit structure to no longer report gas infrastructure as a separate reporting unit.
Supplier Finance Program
A rollforward of NEE's structured payables is as follows:
December 31,
2024
(millions)
Obligations outstanding at the beginning of the year
$4,701 
Invoices added to the program6,363 
Invoices paid(7,076)
Obligations outstanding at the end of the year
$3,988