CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 1,998	$ 2,812
Customer receivables, net of allowances	4,131	4,018
Other receivables	2,176	1,733
Materials, supplies and fuel inventory	2,577	2,420
Regulatory assets	448	433
Derivatives	1,237	997
Other	1,291	1,171
Total current assets	13,858	13,584
Other assets:
Property, plant and equipment – net	162,361	156,197
Special use funds	10,707	10,954
Investment in equity method investees	5,989	5,528
Prepaid benefit costs	2,922	2,868
Regulatory assets	7,199	5,639
Derivatives	1,820	1,998
Goodwill	5,150	4,849
Other	11,418	11,104
Total other assets	207,566	199,137
TOTAL ASSETS	221,424	212,721
Current liabilities:
Commercial paper	5,360	1,955
Other short-term debt	1,258	608
Current portion of long-term debt	3,837	3,500
Accounts payable	5,743	7,583
Customer deposits	731	709
Accrued interest and taxes	1,393	1,185
Derivatives	1,176	1,113
Accrued construction-related expenditures	2,927	2,966
Regulatory liabilities	294	356
Other	2,854	2,842
Total current liabilities	25,573	22,817
Other liabilities and deferred credits:
Long-term debt	93,948	89,556
Asset retirement obligations	3,730	3,669
Deferred income taxes	13,106	12,359
Regulatory liabilities	12,095	11,474
Derivatives	1,834	2,148
Other	4,506	4,219
Total other liabilities and deferred credits	129,219	123,425
TOTAL LIABILITIES	154,792	146,242
COMMITMENTS AND CONTINGENCIES
EQUITY
Common stock	21	21
Additional paid-in capital	19,251	19,494
Retained earnings	35,984	35,102
Accumulated other comprehensive loss	(34)	(9)
Total common shareholders' equity	55,222	54,608
Noncontrolling interests	11,410	11,871
TOTAL EQUITY	66,632	66,479
TOTAL LIABILITIES AND EQUITY	221,424	212,721
Florida Power & Light Company
Current assets:
Cash and cash equivalents	70	42
Customer receivables, net of allowances	1,534	1,667
Other receivables	335	413
Materials, supplies and fuel inventory	1,412	1,373
Regulatory assets	420	401
Derivatives	28	39
Other	268	255
Total current assets	4,039	4,151
Other assets:
Electric utility plant and other property – net	84,118	81,755
Special use funds	7,488	7,684
Prepaid benefit costs	2,101	2,072
Regulatory assets	6,988	5,405
Derivatives	1	1
Goodwill	2,965	2,965
Other	946	1,126
Total other assets	104,606	101,007
TOTAL ASSETS	108,645	105,158
Current liabilities:
Commercial paper	2,439	1,130
Current portion of long-term debt	500	641
Accounts payable	1,050	1,084
Customer deposits	691	685
Accrued interest and taxes	806	470
Derivatives	49	15
Accrued construction-related expenditures	1,099	1,153
Regulatory liabilities	272	344
Other	579	687
Total current liabilities	7,436	6,194
Other liabilities and deferred credits:
Long-term debt	28,045	28,041
Asset retirement obligations	2,186	2,158
Deferred income taxes	10,368	10,156
Regulatory liabilities	11,928	11,280
Derivatives	1	1
Other	333	343
Total other liabilities and deferred credits	52,860	51,978
TOTAL LIABILITIES	60,296	58,172
COMMITMENTS AND CONTINGENCIES
EQUITY
Common stock	1,373	1,373
Additional paid-in capital	26,867	26,866
Retained earnings	20,109	18,747
TOTAL EQUITY	48,349	46,986
TOTAL LIABILITIES AND EQUITY	$ 108,645	$ 105,158