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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) (USD $)
In Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
OPERATING REVENUES$ 4,382$ 4,691$ 11,476$ 11,904
OPERATING EXPENSES    
Fuel, purchased power and interchange1,9111,9914,8724,795
Other operations and maintenance7487122,2122,123
Impairment charges00510
Depreciation and amortization4965311,2361,330
Taxes other than income taxes and other316332859883
Total operating expenses3,4713,5669,2309,131
OPERATING INCOME9111,1252,2462,773
OTHER INCOME (DEDUCTIONS)    
Interest expense(265)(247)(775)(732)
Loss on assets held for sale(148)0(148)0
Equity in earnings of equity method investees28335756
Allowance for equity funds used during construction7102825
Interest income21225869
Gains on disposal of assets - net37137961
Other than temporary impairment losses on securities held in nuclear decommissioning funds(30)(1)(34)(16)
Other - net4518(10)
Total other deductions - net(346)(165)(717)(547)
INCOME BEFORE INCOME TAXES5659601,5292,226
INCOME TAXES158240273532
NET INCOME4077201,2561,694
Earnings per share of common stock:    
Basic (in dollars per share)$ 0.98$ 1.75$ 3.01$ 4.14
Assuming dilution (in dollars per share)$ 0.97$ 1.74$ 3.00$ 4.11
Dividends per share of common stock (in dollars per share)$ 0.55$ 0.50$ 1.65$ 1.50
Weighted-average number of common shares outstanding:    
Basic (in shares)417.4410.9416.7409.1
Assuming dilution (in shares)419.8413.7419.1411.6
FLORIDA POWER & LIGHT COMPANY
    
OPERATING REVENUES3,1523,1168,2008,024
OPERATING EXPENSES    
Fuel, purchased power and interchange1,4791,5043,8543,816
Other operations and maintenance4293991,2371,196
Depreciation and amortization299333653754
Taxes other than income taxes and other289296822780
Total operating expenses2,4962,5326,5666,546
OPERATING INCOME6565841,6341,478
OTHER INCOME (DEDUCTIONS)    
Interest expense(101)(91)(287)(270)
Allowance for equity funds used during construction6102625
Other - net1(1)(2)(1)
Total other deductions - net(94)(82)(263)(246)
INCOME BEFORE INCOME TAXES5625021,3711,232
INCOME TAXES215194519468
NET INCOME$ 347$ 308$ 852$ 764