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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 2,419 $ 1,487
Customer receivables, net of allowances 3,153 3,336
Other receivables 1,436 1,180
Materials, supplies and fuel inventory 2,326 2,214
Regulatory assets 1,116 1,417
Derivatives 971 879
Other 1,227 1,438
Total current assets 12,648 11,951
Other assets:    
Property, plant and equipment – net 142,223 138,852
Special use funds 9,625 9,800
Investment in equity method investees 5,270 6,118
Prepaid benefit costs 2,548 2,496
Regulatory assets 5,434 4,828
Derivatives 1,710 1,774
Goodwill 4,866 4,866
Other 9,940 9,459
Total other assets 181,616 178,193
TOTAL ASSETS 194,264 190,144
Current liabilities:    
Commercial paper 2,005 1,670
Other short-term debt 217 217
Current portion of long-term debt 7,642 8,061
Accounts payable 4,753 6,982
Customer deposits 697 694
Accrued interest and taxes 1,301 1,016
Derivatives 1,659 1,073
Accrued construction-related expenditures 1,917 2,346
Regulatory liabilities 317 279
Other 2,353 3,017
Total current liabilities 22,861 25,355
Other liabilities and deferred credits:    
Long-term debt 79,814 72,385
Asset retirement obligations 3,708 3,671
Deferred income taxes 11,441 11,749
Regulatory liabilities 10,251 10,635
Derivatives 2,191 2,008
Other 3,632 3,480
Total other liabilities and deferred credits 111,037 103,928
TOTAL LIABILITIES 133,898 129,283
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NONCONTROLLING INTERESTS – VIEs 61 401
EQUITY    
Common stock 21 21
Additional paid-in capital 17,292 17,260
Retained earnings 32,613 32,946
Accumulated other comprehensive loss (114) (126)
Total common shareholders' equity 49,812 50,101
Noncontrolling interests 10,493 10,359
TOTAL EQUITY 60,305 60,460
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY 194,264 190,144
Florida Power & Light Company    
Current assets:    
Cash and cash equivalents 512 32
Customer receivables, net of allowances 1,349 1,400
Other receivables 348 380
Materials, supplies and fuel inventory 1,327 1,309
Regulatory assets 1,100 1,405
Derivatives 53 31
Other 217 257
Total current assets 4,853 4,783
Other assets:    
Electric utility plant and other property – net 77,427 76,166
Special use funds 6,748 6,875
Prepaid benefit costs 1,983 1,954
Regulatory assets 5,079 4,464
Derivatives 15 9
Goodwill 2,965 2,965
Other 1,009 934
Total other assets 95,211 93,358
TOTAL ASSETS 100,064 98,141
Current liabilities:    
Commercial paper 450 1,430
Current portion of long-term debt 1,840 1,719
Accounts payable 1,005 996
Customer deposits 673 669
Accrued interest and taxes 866 443
Derivatives 13 3
Accrued construction-related expenditures 645 860
Regulatory liabilities 312 273
Other 742 1,105
Total current liabilities 6,533 7,495
Other liabilities and deferred credits:    
Long-term debt 26,858 25,026
Asset retirement obligations 2,295 2,276
Deferred income taxes 9,649 9,438
Regulatory liabilities 10,080 10,465
Derivatives   4
Other 357 365
Total other liabilities and deferred credits 49,239 47,570
TOTAL LIABILITIES 55,772 55,065
COMMITMENTS AND CONTINGENCIES
EQUITY    
Common stock 1,373 1,373
Additional paid-in capital 26,868 26,868
Retained earnings 16,051 14,835
TOTAL EQUITY 44,292 43,076
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY $ 100,064 $ 98,141