CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $) In Millions	Sep. 30, 2011		Dec. 31, 2010
PROPERTY, PLANT AND EQUIPMENT
Electric utility plant in service and other property	$ 49,929		$ 48,841
Nuclear fuel	1,707		1,539
Construction work in progress	4,587		3,841
Less accumulated depreciation and amortization	(15,106)		(15,146)
Total property, plant and equipment - net ($2,731 and $2,398 related to VIEs, respectively)	41,117		39,075
CURRENT ASSETS
Cash and cash equivalents	640		302
Customer receivables, net of allowances	1,689		1,509
Other receivables	548		1,073
Materials, supplies and fossil fuel inventory	1,045		857
Regulatory assets:
Deferred clause and franchise expenses	267		368
Derivatives	263		236
Other	86		82
Derivatives	327		506
Assets held for sale ($759 related to VIEs)	1,092		0
Other	295		325
Total current assets	6,252		5,258
OTHER ASSETS
Special use funds	3,668		3,742
Other investments	931		971
Prepaid benefit costs	1,317		1,259
Regulatory assets:
Securitized storm-recovery costs ($325 and $356 related to a VIE, respectively)	530		581
Other	408		329
Derivatives	499	[1]	589	[1]
Other	1,863		1,190
Total other assets	9,216		8,661
TOTAL ASSETS	56,585		52,994
CAPITALIZATION
Common stock	4		4
Additional paid-in capital	5,558		5,418
Retained earnings	9,439		8,873
Accumulated other comprehensive income	(114)		166
Total common shareholders' equity	14,887		14,461
Long-term debt	20,039		18,013
Total capitalization	34,926		32,474
CURRENT LIABILITIES
Commercial paper	1,835		889
Current maturities of long-term debt	597		1,920
Accounts payable	1,336		1,124
Customer deposits	639		634
Accrued interest and taxes	683		462
Derivatives	571	[2]	536	[2]
Accrued construction-related expenditures	422		371
Liabilities associated with assets held for sale ($387 related to VIEs)	596		0
Other	740		968
Total current liabilities	7,419		6,904
OTHER LIABILITIES AND DEFERRED CREDITS
Asset retirement obligations	1,608		1,639
Accumulated deferred income taxes	5,357		5,109
Regulatory liabilities:
Accrued asset removal costs	2,211		2,244
Asset retirement obligation regulatory expense difference	1,531		1,592
Other	537		423
Derivatives	454	[3]	243	[3]
Deferral related to differential membership interests - VIEs	1,100		949
Other	1,442		1,417
Total other liabilities and deferred credits	14,240		13,616
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES	56,585		52,994
FLORIDA POWER & LIGHT COMPANY
ELECTRIC UTILITY PLANT
Plant in service	31,274		29,519
Nuclear fuel	944		729
Construction work in progress	2,064		2,175
Less accumulated depreciation and amortization	(10,979)		(10,871)
Electric utility plant - net	23,303		21,552
CURRENT ASSETS
Cash and cash equivalents	30		20
Customer receivables, net of allowances	996		710
Other receivables	291		395
Materials, supplies and fossil fuel inventory	724		505
Regulatory assets:
Deferred clause and franchise expenses	267		368
Derivatives	263		236
Other	79		76
Other	158		145
Total current assets	2,808		2,455
OTHER ASSETS
Special use funds	2,611		2,637
Prepaid benefit costs	1,075		1,035
Regulatory assets:
Securitized storm-recovery costs ($325 and $356 related to a VIE, respectively)	530		581
Other	375		293
Other	168		145
Total other assets	4,759		4,691
TOTAL ASSETS	30,870		28,698
CAPITALIZATION
Common stock	1,373		1,373
Additional paid-in capital	5,363		5,054
Retained earnings	3,798		3,364
Total common shareholders' equity	10,534		9,791
Long-term debt	6,885		6,682
Total capitalization	17,419		16,473
CURRENT LIABILITIES
Commercial paper	408		101
Current maturities of long-term debt	49		45
Accounts payable	732		554
Customer deposits	633		628
Accrued interest and taxes	492		311
Derivatives	269		245
Accrued construction-related expenditures	200		183
Other	389		441
Total current liabilities	3,172		2,508
OTHER LIABILITIES AND DEFERRED CREDITS
Asset retirement obligations	1,126		1,083
Accumulated deferred income taxes	4,334		3,835
Regulatory liabilities:
Accrued asset removal costs	2,211		2,244
Asset retirement obligation regulatory expense difference	1,531		1,592
Other	500		377
Other	577		586
Total other liabilities and deferred credits	10,279		9,717
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES	$ 30,870		$ 28,698

[1] At September 30, 2011 and December 31, 2010, NextEra Energy's balances reflect the netting of approximately $54 million and $43 million (none at FPL), respectively, in margin cash collateral received from counterparties.

[2] At September 30, 2011 and December 31, 2010, NextEra Energy's balances reflect the netting of approximately $88 million and $23 million (none at FPL), respectively, in margin cash collateral provided to counterparties.

[3] At September 30, 2011 and December 31, 2010, NextEra Energy's balances reflect the netting of approximately $99 million and $72 million (none at FPL), respectively, in margin cash collateral provided to counterparties.