Equity Method Investments (Tables)

12 Months Ended

Dec. 31, 2024

Equity Method Investments and Joint Ventures [Abstract]

Summarized combined information for principal operating entities

Summarized combined information for these principal entities is as follows:

	2024		2023
	(millions)
Operating revenue	$	2,121	$	1,565
Operating income (loss)	$	(51)	$	291
Net income(a)	$	152	$	839
Total assets	$	38,929	$	34,415
Total liabilities	$	10,641	$	10,351
Partners'/members' equity(b)	$	28,288	$	24,064
NEE's share of underlying equity in the principal entities	$	6,178	$	5,168
Difference between investment carrying amount and underlying equity in net assets(c)	(1,677)		(1,205)
NEE's investment carrying amount for the principal entities	$	4,501	$	3,963

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(a)In 2023, includes approximately $450 million of income from discontinued operations related to XPLR's sale of natural gas pipelines in December 2023. The income from discontinued operations includes $375 million of net gain on disposal.

(b)Reflects NEE's interest, as well as third-party interests, in XPLR.

(c)In 2024 and 2023, approximately $(2.2) billion and $(2.4) billion, respectively, is associated with Mountain Valley Pipeline, primarily reflecting impairment charges in 2022 and 2020. In addition, approximately $0.3 billion in 2024 and $1.1 billion in 2023 is associated with XPLR. The difference for 2024 reflects the approximately $0.8 billion impairment charge in 2024 related to NextEra Energy Resources' investment in XPLR. See Note 4 – Nonrecurring Fair Value Measurements.